Civic Intelligence

Psh Properties II

990 • Fiscal year 2014 • EIN 01-0523162

Jan 01, 2014 to Dec 31, 2014 • Filed on May 14, 2015

Organization ProfileNA
21 Boyd StreetBangor, ME 04401-6560

(207) 941-2820

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

4.53x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2014

Net Margin

37th percentile

4.6%

Higher net margin than 37% of similar nonprofits.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

61st percentile

$87,229

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2014

Asset Growth

26th percentile

-3.3%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

-1.1%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$3,568,826

Down $120,573 (-3.3%) from 2013

Net Assets

Up

-$404,798

Up $40,514 (+9.1%) from 2013

Liabilities

Down

$3,973,624

Down $161,087 (-3.9%) from 2013

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin37th percentile

Revenue

Down

$877,114

Down $9,491 (-1.1%) from 2013

Expenses

Up

$836,600

Up $90,095 (+12%) from 2013

Net Income

Down

$40,514

Down $99,586 (-71%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,922,903Liabilities 2011: $4,686,987Net Assets 2011: -$764,0842011Assets 2012: $3,781,945Liabilities 2012: $4,367,357Net Assets 2012: -$585,4122012Assets 2013: $3,689,399Liabilities 2013: $4,134,711Net Assets 2013: -$445,3122013Assets 2014: $3,568,826Liabilities 2014: $3,973,624Net Assets 2014: -$404,7982014Assets 2015: $3,484,835Liabilities 2015: $3,879,879Net Assets 2015: -$395,0442015Assets 2016: $3,288,141Liabilities 2016: $3,598,321Net Assets 2016: -$310,1802016Assets 2017: $3,125,618Liabilities 2017: $3,351,010Net Assets 2017: -$225,3922017Assets 2018: $3,003,467Liabilities 2018: $3,118,708Net Assets 2018: -$115,2412018Assets 2019: $2,916,672Liabilities 2019: $2,894,736Net Assets 2019: $21,9362019Assets 2020: $2,832,059Liabilities 2020: $2,606,290Net Assets 2020: $225,7692020Assets 2021: $2,999,140Liabilities 2021: $2,558,149Net Assets 2021: $440,9912021Assets 2022: $2,729,862Liabilities 2022: $2,097,515Net Assets 2022: $632,3472022Assets 2023: $2,605,511Liabilities 2023: $1,865,496Net Assets 2023: $740,0152023Assets 2024: $2,498,378Liabilities 2024: $1,616,374Net Assets 2024: $882,0042024

Highlighted filing

2014

Assets$3,568,826
Liabilities$3,973,624
Net Assets-$404,798
Open 2014 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Revenue 2011: $874,325Expenses 2011: $779,610Net Income 2011: $94,7152011Revenue 2012: $896,941Expenses 2012: $718,269Net Income 2012: $178,6722012Revenue 2013: $886,605Expenses 2013: $746,505Net Income 2013: $140,1002013Revenue 2014: $877,114Expenses 2014: $836,600Net Income 2014: $40,5142014Revenue 2015: $873,381Expenses 2015: $863,627Net Income 2015: $9,7542015Revenue 2016: $907,671Expenses 2016: $822,807Net Income 2016: $84,8642016Revenue 2017: $924,865Expenses 2017: $840,077Net Income 2017: $84,7882017Revenue 2018: $936,387Expenses 2018: $826,236Net Income 2018: $110,1512018Revenue 2019: $936,289Expenses 2019: $799,111Net Income 2019: $137,1782019Revenue 2020: $936,697Expenses 2020: $771,254Net Income 2020: $165,4432020Revenue 2021: $936,748Expenses 2021: $721,526Net Income 2021: $215,2222021Revenue 2022: $961,085Expenses 2022: $769,729Net Income 2022: $191,3562022Revenue 2023: $1,098,776Expenses 2023: $991,108Net Income 2023: $107,6682023Revenue 2024: $1,122,490Expenses 2024: $980,501Net Income 2024: $141,9892024

Highlighted filing

2014

Revenue$877,114
Expenses$836,600
Net Income$40,514
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 14, 2015
Return Version
2014v5.0
Gross Receipts
$877,114
Mission and Program Overview

Mission

Offer an alternative to traditional senior housing which allows active adults to maintain an independent life style while minimizing the demands of maintaining a home.

Acquire and manage land and improvements used by phillips-strickland house corp. To provide housing and care for aged persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,929,050$2,827,524▼ $101,526
Savings and Temporary Cash Investments$74,134$69,113▼ $5,021
Cash and Non-Interest-Bearing Accounts$42,232$63,492▲ $21,260
Accounts Receivable$5,921$5,126▼ $795
Total Assets$3,689,399$3,568,826▼ $120,573
Other Assets Total$638,062$603,571▼ $34,491
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,410,000$3,270,000▼ $140,000
Other Liabilities$706,943$697,759▼ $9,184
Deferred Revenue$8,476$3,100▼ $5,376
Accounts Payable and Accrued Expenses$9,292$2,765▼ $6,527
Total Liabilities$4,134,711$3,973,624▼ $161,087
Net Assets / Fund Balance
Unrestricted Net Assets$-445,312$-404,798▲ $40,514
Total Net Assets Fund Balance$-445,312$-404,798▲ $40,514
Total Liabilities and Net Assets / Fund Balance$3,689,399$3,568,826▼ $120,573

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,813,172$1,602,617$4,415,789
Other Land Buildings$14,352$86,858$101,210
Other Assets Org$53,046--
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleOtherTotal
Wayne WoodfordExecutive Director$87,229$87,229

Board Members and Trustees

NameTitle
Albert GibsonPresident
Rev James L HaddixVice President
Mary WarnerDirector
Barbara E GibsonSecretary
Glen Porter EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$877,031
Investment Income
$83
Other Revenue
$0
Change in Net Assets
$40,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$603,722
Salaries, Compensation, and Employee Benefits$232,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$198,820
Depreciation Depletion---$138,764
Interest---$136,470
Other Expenses---$32,689
Other Employee Benefits---$17,237
Payroll Taxes---$16,821
All Other Expenses---$11,084
Office Expenses---$9,049
Fees for Services Accounting---$5,000
Advertising---$745
Total Functional Expenses$0$0$0$836,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Phillips-strickland House$444,753
Bond Premium$109,711
Accrued Interest$74,225
Security Deposits$69,070

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMaine Health and Higher Educational Fac Authority2010-06-24$3,800,000Current refunding of series 1999a

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,425,008--$47,752

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Albert gibson, president and barbara e. Gibson, secretary - family relationship”

Form 990, Part VI, Section B, Line 11

“The executive director reviews the return with a board member prior to filing the return.”

Form 990, Part VI, Section B, Line 12C

“Compliance with policies are reviewed on a yearly basis, a form is signed annually by board members, it is kept on file.”

Form 990, Part VI, Section C, Line 19

“All documents are filed at psh properties ii and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Psh Properties Ii
EIN
01-0523162
Phone
2079412820
Address
21 BOYD STREET, BANGOR, ME 04401-6560

Signing Officer

Name
Wayne Woodford
Title
Executive Director
Phone
2079412820
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Woodford
Formed
1998
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Haverlock Estey & Curran LLC
Address
8 COMMERCE COURT, HAMPDEN, ME 04444-1538
Preparer
Vicki J Vincent
Phone
2079455695
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Selection of independent auditor. No change from prior year.”

Form 990, Part I, Line 5

“The organization does not have any employees but shares wage expenses with phillips-strickland house”

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted the provisions of authoritative guidance regarding accounting for uncertainty in income taxes. The authoritztive guidance provides that a tax benefit or liability from an uncertain tax position should be recobnizedd when it is more likely than not that a position will not be sustained upon examination. As of december 31, 2014, management has concluded that the organization had no uncertain income tax provisions. The organization's federal income tax returns for 2013, 2012 and 2011 are subject to examination by the irs for three years after they were filed.”

Raw XML AppendixShowing 400 of 418 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09292
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02765
IRS990/AccountsReceivableGrp/BOYAmt05921
IRS990/AccountsReceivableGrp/EOYAmt05126
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ACQUIRE AND MANAGE LAND AND IMPROVEMENTS USED BY PHILLIPS-STRICKLAND HOUSE CORP. TO PROVIDE HOUSING AND CARE FOR AGED PERSONS.
IRS990/AdvertisingGrp/TotalAmt0745
IRS990/AllOtherExpensesGrp/TotalAmt011084
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WAYNE WOODFORD
IRS990/BooksInCareOfDetail/PhoneNum02079412820
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt021 BOYD ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0BANGOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt042232
IRS990/CashNonInterestBearingGrp/EOYAmt063492
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt083
IRS990/CYOtherExpensesAmt0603722
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0877031
IRS990/CYRevenuesLessExpensesAmt040514
IRS990/CYSalariesCompEmpBnftPaidAmt0232878
IRS990/CYTotalExpensesAmt0836600
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0877114
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt08476
IRS990/DeferredRevenueGrp/EOYAmt03100
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0138764
IRS990/Desc0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, OWNING, BUILDING AND MAINTAINING LAND AND IMPROVEMENTS USED BY PHILLIPS-STRICKLAND HOUSE CORP. TO PROVIDE HOUSING AND CARE FOR AGED PERSONS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EscrowAccountInd00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt05000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ALBERT GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm1BARBARA E GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm2GLEN PORTER ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm3REV JAMES L HADDIX
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY WARNER
IRS990/Form990PartVIISectionAGrp/PersonNm5WAYNE WOODFORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt587229
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0877114
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/TotalAmt0136470
IRS990/InvestmentIncomeGrp/ExclusionAmt083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01689475
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02929050
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02827524
IRS990/LandBldgEquipCostOrOtherBssAmt04516999
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OFFER AN ALTERNATIVE TO TRADITIONAL SENIOR HOUSING WHICH ALLOWS ACTIVE ADULTS TO MAINTAIN AN INDEPENDENT LIFE STYLE WHILE MINIMIZING THE DEMANDS OF MAINTAINING A HOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03410000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03270000
IRS990/NetAssetsOrFundBalancesBOYAmt0-445312
IRS990/NetAssetsOrFundBalancesEOYAmt0-404798
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt09049
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0638062
IRS990/OtherAssetsTotalGrp/EOYAmt0603571
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017237
IRS990/OtherExpensesGrp/Desc0FOOD COSTS & SUPPLIES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/TotalAmt0101575
IRS990/OtherExpensesGrp/TotalAmt191075
IRS990/OtherExpensesGrp/TotalAmt277271
IRS990/OtherExpensesGrp/TotalAmt332689
IRS990/OtherLiabilitiesGrp/BOYAmt0706943
IRS990/OtherLiabilitiesGrp/EOYAmt0697759
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198820
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt016821
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WAYNE WOODFORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0877031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0877031
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097
IRS990/PYOtherExpensesAmt0549897
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0886508
IRS990/PYRevenuesLessExpensesAmt0140100
IRS990/PYSalariesCompEmpBnftPaidAmt0196608
IRS990/PYTotalExpensesAmt0746505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0886605
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt040514
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074134
IRS990/SavingsAndTempCashInvstGrp/EOYAmt069113
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02813172
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01602617
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04415789
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0142862
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1110913
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2296750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt353046
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LOAN ORGANIZATIONAL COSTS - NET OF AMORT.
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEBT SERVICE FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3BOND REFINANCING COSTS - NET OF AMORT.
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014352
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt086858
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1444753
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt274225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3109711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO PHILLIPS-STRICKLAND HOUSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BOND PREMIUM
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF AUTHORITATIVE GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE AUTHORITZTIVE GUIDANCE PROVIDES THAT A TAX BENEFIT OR LIABILITY FROM AN UNCERTAIN TAX POSITION SHOULD BE RECOBNIZEDD WHEN IT IS MORE LIKELY THAN NOT THAT A POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2014, MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX PROVISIONS. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS FOR 2013, 2012 AND 2011 ARE SUBJECT TO EXAMINATION BY THE IRS FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02827524
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0603571
IRS990ScheduleD/TotalLiabilityAmt0697759
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02010-06-24
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0010314384
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0560427JA5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03800000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MAINE HEALTH AND HIGHER EDUCATIONAL FAC AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CURRENT REFUNDING OF SERIES 1999A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0296750
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt047752
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt04080506
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02010
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt04425008
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALBERT GIBSON, PRESIDENT AND BARBARA E. GIBSON, SECRETARY - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE RETURN WITH A BOARD MEMBER PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE WITH POLICIES ARE REVIEWED ON A YEARLY BASIS, A FORM IS SIGNED ANNUALLY BY BOARD MEMBERS, IT IS KEPT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE FILED AT PSH PROPERTIES II AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SELECTION OF INDEPENDENT AUDITOR. NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES BUT SHARES WAGE EXPENSES WITH PHILLIPS-STRICKLAND HOUSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART I, LINE 5
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PHILLIPS-STRICKLAND HOUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PHILLIPS-STRICKLAND CHARITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0010342167
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1010523156
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BOARDING CARE FACILITY FOR ELDERLY MEN AND WOMEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ORGANIZED TO BENEFIT & FURTHER EXEMPT PURPOSES OF PHILLIPS-STRICKLAND HOUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 11A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt021 BOYD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt121 BOYD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BANGOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BANGOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd004401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd104401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03689399
IRS990/TotalAssetsEOYAmt03568826
IRS990/TotalAssetsGrp/BOYAmt03689399
IRS990/TotalAssetsGrp/EOYAmt03568826
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0836600
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04134711
IRS990/TotalLiabilitiesEOYAmt03973624
IRS990/TotalLiabilitiesGrp/BOYAmt04134711
IRS990/TotalLiabilitiesGrp/EOYAmt03973624
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-445312
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-404798
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0877031
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0877031
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0877114
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03689399
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03568826
IRS990/TotReportableCompRltdOrgAmt087229
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-445312
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-404798
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt021 BOYD STREET
IRS990/USAddress/CityNm0BANGOR
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd0044016560
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE WOODFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02079412820
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PSH PROPERTIES II
ReturnHeader/Filer/BusinessNameControlTxt0PSHP
ReturnHeader/Filer/EIN0010523162

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,568,826
Liabilities
$3,973,624
Net assets
-$404,798
Revenue
$877,114
Expenses
$836,600
Net income
$40,514
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$1.62$0.88$1.12$0.98$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.61$1.87$0.74$1.10$0.99$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$2.10$0.63$0.96$0.77$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$2.56$0.44$0.94$0.72$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$2.61$0.23$0.94$0.77$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$2.89$0.02$0.94$0.80$0.14
2018Summary only. Only limited summary data is available for this year.$3.00$3.12$0.12$0.94$0.83$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$3.35$0.23$0.92$0.84$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$3.60$0.31$0.91$0.82$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.48$3.88$0.40$0.87$0.86$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.57$3.97$0.40$0.88$0.84$0.04
2013Summary only. Only limited summary data is available for this year.$3.69$4.13$0.45$0.89$0.75$0.14
2012Summary only. Only limited summary data is available for this year.$3.78$4.37$0.59$0.90$0.72$0.18
2011Summary only. Only limited summary data is available for this year.$3.92$4.69$0.76$0.87$0.78$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)2 • $1M-$5M nonprofits