Over the Rhine Community Housing

EIN: 311272434 501(c)(3) Housing & Shelter

Cincinnati, OH

Total Revenue
$7,774,797
Total Expenses
$8,887,213
Total Assets
$28,937,622
Net Assets
$14,540,999
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OH
Principal Officer
Mary Burke Rivers
Phone
5133811171
Tax Period
2023-01-01 to 2023-12-31

Over the Rhine Community Housing, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $7.8M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $8.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

At Over-the-Rhine Community Housing, we develop and manage resident-centered affordable housing to build inclusive community and benefit low-income residents.

Program Service Accomplishments

Program 1
Expenses: $6,199,698 Revenue: $3,767,035

PROPERTY MANAGEMENT: OTRCH OWNS 214 PROPERTIES AND MANAGES 658 UNITS OF AFFORDABLE HOUSING IN OVERTHERHINE. OUR PORTFOLIO IS EXPANDING TO INCLUDE THE NEIGHBORHOODS OF LOWER PRICE HILL, CENTRAL...

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PROPERTY MANAGEMENT: OTRCH OWNS 214 PROPERTIES AND MANAGES 658 UNITS OF AFFORDABLE HOUSING IN OVERTHERHINE. OUR PORTFOLIO IS EXPANDING TO INCLUDE THE NEIGHBORHOODS OF LOWER PRICE HILL, CENTRAL BUSINESS DISTRICT, AND NORTHSIDE. WITHIN THIS PROGRAM, WE OFFER SEVERAL TYPES OF HOUSING: INCLUDING PERMANENT SUPPORTIVE HOUSING FOR PEOPLE EXPERIENCING HOMELESSNESS, LOW-INCOME TAX-CREDIT HOUSING, SECTION 8 HOUSING, SENIOR HOUSING, AND CONVENTIONAL LOW-INCOME HOUSING.

Program 2
Expenses: $1,643,868 Revenue: $0

RESIDENT DEVELOPMENT AND SUPPORT: OTRCH OFFERS SUPPORTIVE HOUSING TO FAMILIES AND INDIVIDUALS WHO HAVE EXPERIENCED HOMELESSNESS. THIS IS DONE IN PARTNERSHIP WITH OTHER ORGANIZATIONS. WE OPERATE THE...

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RESIDENT DEVELOPMENT AND SUPPORT: OTRCH OFFERS SUPPORTIVE HOUSING TO FAMILIES AND INDIVIDUALS WHO HAVE EXPERIENCED HOMELESSNESS. THIS IS DONE IN PARTNERSHIP WITH OTHER ORGANIZATIONS. WE OPERATE THE FOLLOWING PROPERTIES IN THIS PROGRAM: RECOVERY HOTEL (20 UNITS), BUDDY'S PLACE (20 UNITS),CARRIE'S PLACE (43 UNITS), NANNIE HINKSTON HOUSE (12 UNITS), JIMMY HEATH HOUSE (25 UNITS), SPRING STREET (6 UNITS), AND AN ADDITIONAL 85 SCATTERED SITE UNITS. RESIDENT SUPPORT INCLUDES ACTIVITIES LIKE BLOCK PARTIES, CHILDREN'S SUMMER CAMPS, WEEKLY ART PROGRAMMING, AND SPECIAL EVENTS.

Program 3
Expenses: $408,667 Revenue: $788,714

HOUSING DEVELOPMENT AND SUPPORT: CONSISTENT WITH THE MISSION STATEMENT, OTRCH'S HOUSING DEVELOPMENT AND SUPPORT PROGRAM WORKS TO ENSURE THAT EXISTING, LOWWEALTH RESIDENTS BENEFIT FROM OUR...

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HOUSING DEVELOPMENT AND SUPPORT: CONSISTENT WITH THE MISSION STATEMENT, OTRCH'S HOUSING DEVELOPMENT AND SUPPORT PROGRAM WORKS TO ENSURE THAT EXISTING, LOWWEALTH RESIDENTS BENEFIT FROM OUR NEIGHBORHOOD REVITALIZATION INITIATIVES. DEVELOPER FEES RECEIVED FROM THIS PROGRAM ARE PUTBACK INTO THE COMMUNITY, FUNDING NEW PROJECTS IN ORDER TO PRESERVE AFFORDABILITY IN AND AROUND OVER-THE-RHINE AND THE CITY. THE DEVELOPMENT TEAM IS CURRENTLY WORKING TO DEVELOP 210 UNITS OF AFFORDABLE HOUSING.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,077,387
Program Service Revenue $4,512,610
Investment Income $134,091
Other Revenue $50,709
TOTAL REVENUE $7,774,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,823,035
Fundraising Expenses $276,201
Program Expenses $8,252,233
Other Expenses $6,064,178
TOTAL EXPENSES $8,887,213

Year-over-Year Comparison

2023 2022 Change
Revenue $7,774,797 $8,867,779 -0.1%
Expenses $8,887,213 $8,314,474 +0.1%
Net Income $-1,112,416 $553,305 -3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
58
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$138,762
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY BURKE RIVERS EXECUTIVE DIRECTOR 40.0
Officer
$117,432 $21,330 $138,762
NICK DINARDO PRESIDENT 2.0
Officer Director
$0 $0 $0
GEORGIA KEITH VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
BONITA L NEUMEIER SECRETARY 3.0
Officer Director
$0 $0 $0
ROBERT PICKFORD TREASURER 2.0
Officer Director
$0 $0 $0
BRIDGETTE BURBANKS BOARD MEMBER 1.0
Director
$0 $0 $0
ROGER AUER BOARD MEMBER 1.0
Director
$0 $0 $0
FANNI JOHNSON BOARD MEMBER 1.0
Director
$0 $0 $0
ROBIE K SUGGS BOARD MEMBER 1.0
Director
$0 $0 $0
STACY WILEY BOARD MEMBER 1.0
Director
$0 $0 $0
PATRICK DAFFIN BOARD MEMBER 1.0
Director
$0 $0 $0
JACKIE DEAN BOARD MEMBER 1.0
Director
$0 $0 $0
MEREDITH WHITEHEAD BOARD MEMBER 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,774,797 $8,887,213 $28,937,622 $-1,112,416
2022 $8,867,779 $8,314,474 $25,810,109 $553,305
2021 $7,722,304 $8,233,022 $24,358,276 $-510,718
2020 $5,878,352 $6,456,774 $24,109,652 $-578,422
2019 $7,293,595 $5,613,543 $22,887,996 $1,680,052
2018 $6,184,101 $5,769,635 $16,930,050 $414,466
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