Civic Intelligence

Jewish Community Housing for the Elderly III Inc

990 • Fiscal year 2023 • EIN 04-2609432

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileWWW.2LIFECOMMUNITIES.ORG
30 Wallingford RoadBrighton, MA 02135

(617) 912-8400

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.20x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

1.52x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

98th percentile

86%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$315,748

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

76th percentile

16%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

93%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$91,836,133

Up $12,734,264 (+16%) from 2022

Net Assets

Up

$73,665,774

Up $11,420,097 (+18%) from 2022

Liabilities

Up

$18,170,359

Up $1,314,167 (+7.8%) from 2022

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin98th percentile

Revenue

Up

$11,934,871

Up $5,738,866 (+93%) from 2022

Expenses

Up

$1,693,803

Up $55,215 (+3.4%) from 2022

Net Income

Up

$10,241,068

Up $5,683,651 (+125%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$150M$100M$50M$0Assets 2010: $17,409,407Liabilities 2010: $401,274Net Assets 2010: $17,008,1332010Assets 2011: $26,880,561Liabilities 2011: $7,816,259Net Assets 2011: $19,064,3022011Assets 2012: $27,192,257Liabilities 2012: $7,654,361Net Assets 2012: $19,537,8962012Assets 2013: $27,841,394Liabilities 2013: $7,634,931Net Assets 2013: $20,206,4632013Assets 2014: $28,265,289Liabilities 2014: $7,684,752Net Assets 2014: $20,580,5372014Assets 2015: $28,906,469Liabilities 2015: $7,978,649Net Assets 2015: $20,927,8202015Assets 2016: $28,704,472Liabilities 2016: $7,685,436Net Assets 2016: $21,019,0362016Assets 2017: $28,500,405Liabilities 2017: $7,828,431Net Assets 2017: $20,671,9742017Assets 2018: $27,707,791Liabilities 2018: $8,153,978Net Assets 2018: $19,553,8132018Assets 2019: $32,608,111Liabilities 2019: $9,493,413Net Assets 2019: $23,114,6982019Assets 2020: $62,631,519Liabilities 2020: $13,050,620Net Assets 2020: $49,580,8992020Assets 2021: $71,180,944Liabilities 2021: $12,292,495Net Assets 2021: $58,888,4492021Assets 2022: $79,101,869Liabilities 2022: $16,856,192Net Assets 2022: $62,245,6772022Assets 2023: $91,836,133Liabilities 2023: $18,170,359Net Assets 2023: $73,665,7742023Assets 2024: $110,419,338Liabilities 2024: $31,915,667Net Assets 2024: $78,503,6712024

Highlighted filing

2023

Assets$91,836,133
Liabilities$18,170,359
Net Assets$73,665,774
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2010: $3,331,262Expenses 2010: $1,259,374Net Income 2010: $2,071,8882010Revenue 2011: $2,558,966Expenses 2011: $293,567Net Income 2011: $2,265,3992011Revenue 2012: $615,125Expenses 2012: $134,823Net Income 2012: $480,3022012Revenue 2013: $659,366Expenses 2013: $24,069Net Income 2013: $635,2972013Revenue 2014: $655,590Expenses 2014: $248,831Net Income 2014: $406,7592014Revenue 2015: $725,232Expenses 2015: $371,976Net Income 2015: $353,2562015Revenue 2016: $473,659Expenses 2016: $393,439Net Income 2016: $80,2202016Revenue 2017: $341,284Expenses 2017: $906,921Net Income 2017: -$565,6372017Revenue 2018: $380,380Expenses 2018: $1,097,583Net Income 2018: -$717,2032018Revenue 2019: $3,585,337Expenses 2019: $922,391Net Income 2019: $2,662,9462019Revenue 2020: $8,497,057Expenses 2020: $936,497Net Income 2020: $7,560,5602020Revenue 2021: $18,442,494Expenses 2021: $9,717,633Net Income 2021: $8,724,8612021Revenue 2022: $6,196,005Expenses 2022: $1,638,588Net Income 2022: $4,557,4172022Revenue 2023: $11,934,871Expenses 2023: $1,693,803Net Income 2023: $10,241,0682023Revenue 2024: $6,071,722Expenses 2024: $2,101,364Net Income 2024: $3,970,3582024

Highlighted filing

2023

Revenue$11,934,871
Expenses$1,693,803
Net Income$10,241,068
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$14,947,346
Mission and Program Overview

Mission

The entity provides real estate development support for new construction and renovation activities to related jche entities in their mission to provide housing to low income seniors and the handicapped.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$50,157,939$65,805,867▲ $15,647,928
Accounts Receivable$8,404,469$9,410,276▲ $1,005,807
Investments Other Securities$9,623,205$7,944,441▼ $1,678,764
Cash and Non-Interest-Bearing Accounts$303,624$2,250,346▲ $1,946,722
Prepaid Expenses and Deferred Charges-$39,032-
Land, Buildings, and Equipment, Net$13,149$9,300▼ $3,849
Total Assets$79,101,869$91,836,133▲ $12,734,264
Other Assets Total$10,599,483$6,376,871▼ $4,222,612
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,448,053$15,167,782▲ $719,729
Other Liabilities$1,982,177$2,779,011▲ $796,834
Accounts Payable and Accrued Expenses$425,962$209,259▼ $216,703
Escrow Account Liability-$14,307-
Total Liabilities$16,856,192$18,170,359▲ $1,314,167
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$62,245,677$73,665,774▲ $11,420,097
Total Net Assets Fund Balance$62,245,677$73,665,774▲ $11,420,097
Total Liabilities and Net Assets / Fund Balance$79,101,869$91,836,133▲ $12,734,264

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,300$9,942$19,242
Other Assets Org$1,612--
Other Securities$7,944,441--
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Karen EdlundChief of Business Strategy , TreasurerPT$233,520$233,520

Board Members and Trustees

NameTitle
Bill ShaevelChairman/director
Amy SchectmanCEO/president
Donna KalikowVice-chair and Director
Lizbeth HeyerVice President/clerk
Bernard KaplanDirector
Jeff SacksDirector
Norman PosnerDirector
Karen EdlundChief of Business Strategy , Treasur
Henry KormanFormer General Council / Assistant Clerk
Revenue and Support

Revenue Composition

Contributions and Grants
$6,163,290
Program Service Revenue
$5,471,078
Investment Income
$247,165
Other Revenue
$53,338
Change in Net Assets
$10,241,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,934,871
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,179,029
Total Revenue per Audited Statements
$13,113,900
Total Revenue per Form 990
$11,934,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,573,136
Other Expenses$120,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,207,328--$1,207,328
Other Employee Benefits$247,055--$247,055
Payroll Taxes$97,853--$97,853
Office Expenses-$28,791-$28,791
Fees for Services Accounting-$24,100-$24,100
Pension Plan Contributions$20,900--$20,900
Occupancy-$16,699-$16,699
Fees for Services Legal-$13,524-$13,524
Conferences and Meetings-$10,291-$10,291
All Other Expenses$9,639$104-$9,743
Depreciation Depletion$3,849--$3,849
Advertising-$3,786-$3,786
Travel-$370-$370
Other Expenses-$165-$165
Total Functional Expenses$1,586,624$107,179$0$1,693,803

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,693,803
Total Expenses per Audited Statements$1,693,803
Total Expenses per Form 990$1,693,803
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$2,693,853
Lease Liability$77,619
Rent Payable$7,539
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 6

“The corporation by-laws to 2life communities inc. Consent to being admitted as the sole member of the following entities: friends of 2life communities inc. 2life communities services inc. 2life realty inc. 2life development inc. 2life partners inc. 2life opus inc.”

Form 990, Part VI, Section A, Line 7A

“Same explanation as form 990, part vi, section a, line 6”

Form 990, Part VI, Section B, Line 11B

“The board of directors delegates to the audit committee the review and approval of the corporation's form 990 annually. Subsequent to its approval, the audit committee will then issue a report to the board and insure that the complete form 990 is made available to all directors for their review.”

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

“Each director is required annually to disclose in writing any conflicts of interest between the organization and the director and/or family members.”

Form 990, Part VI, Section B, Line 15

“All employees' salaries are paid by 2life communities services inc. Each employee devotes a portion of his/her time to various 2life entities. Salary expenses are then appropriately allocated and charged to the 2life entities.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and policies are available for public inspection at the organization's office during regular business hours upon request.”

Filing and Contact Details

Filer

Filer Name
2life Development Inc
EIN
04-2609432
Phone
6179128400
Address
30 WALLINGFORD ROAD, BRIGHTON, MA 02135

Signing Officer

Name
Benjamin Mahnke
Title
CFO
Phone
6179128400
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Mahnke
Formed
1975
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
24

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Lori Rothe Yokobosky CPA
Phone
4107834900
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization holds security deposits as required by state law.”

PART X, LINE 2:

“The organization has applied for and received a determination letter from the internal revenue service (the "irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2023. Due to its tax-exempt status, the organization is not subject to income taxes. The organization is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes, and the organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the organization are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2020 remain open.”

Raw XML AppendixShowing 400 of 835 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.

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IRS990/MissionDesc0THE ENTITY PROVIDES REAL ESTATE DEVELOPMENT SUPPORT FOR NEW CONSTRUCTION AND RENOVATION ACTIVITIES TO RELATED 2LIFE ENTITIES IN THEIR MISSION TO PROVIDE HOUSING TO LOW INCOME SENIORS AND THE HANDICAPPED.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014448053
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015167782
IRS990/NetAssetsOrFundBalancesBOYAmt062245677
IRS990/NetAssetsOrFundBalancesEOYAmt073665774
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0170039
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0170039
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt053338
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt053338
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01179029
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt062245677
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt073665774
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016699
IRS990/OccupancyGrp/TotalAmt016699
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028791
IRS990/OfficeExpensesGrp/TotalAmt028791
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010599483
IRS990/OtherAssetsTotalGrp/EOYAmt06376871
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0247055
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0247055
IRS990/OtherExpensesGrp/Desc0FINANCIAL EXPENSES
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTION DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09349
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1165
IRS990/OtherExpensesGrp/TotalAmt09349
IRS990/OtherExpensesGrp/TotalAmt1165
IRS990/OtherLiabilitiesGrp/BOYAmt01982177
IRS990/OtherLiabilitiesGrp/EOYAmt02779011
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01207328
IRS990/OtherSalariesAndWagesGrp/TotalAmt01207328
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt050157939
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt065805867
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt097853
IRS990/PayrollTaxesGrp/TotalAmt097853
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020900
IRS990/PensionPlanContributionsGrp/TotalAmt020900
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039032
IRS990/PrincipalOfficerNm0BENJAMIN MAHNKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEE
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INTEREST
IRS990/ProgramServiceRevenueGrp/Desc2ENERGY GRANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03893120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11418255
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2159703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03893120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11418255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2159703
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0393600
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0251909
IRS990/PYOtherExpensesAmt0112959
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05550496
IRS990/PYRevenuesLessExpensesAmt04557417
IRS990/PYSalariesCompEmpBnftPaidAmt01525629
IRS990/PYTotalExpensesAmt01638588
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06196005
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt010241068
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0163290
IRS990/RentalIncomeOrLossGrp/RealAmt053338
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05471078
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042478888
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt02LIFE COMMUNITIES INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09300
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09942
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019242
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01693803
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01179029
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06297963
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt177296
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21612
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPMENT COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LEASE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED RENT ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02693853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt177619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27539
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RENT PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07944441
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt01179029
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011934871
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS AS REQUIRED BY STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (THE "IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES, AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09300
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06376871
IRS990ScheduleD/TotalBookValueSecuritiesAmt07944441
IRS990ScheduleD/TotalExpensesPerForm990Amt01693803
IRS990ScheduleD/TotalLiabilityAmt02779011
IRS990ScheduleD/TotalRevenuePerForm990Amt011934871
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013113900
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01693803
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt27500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0246229
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1210286
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2191050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013523

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,836,133
Liabilities
$18,170,359
Net assets
$73,665,774
Revenue
$11,934,871
Expenses
$1,693,803
Net income
$10,241,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$31.9$78.5$6.07$2.10$3.97
2023Detailed filing. Detailed filing data is available for this year.$91.8$18.2$73.7$11.9$1.69$10.2
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.1$16.9$62.2$6.20$1.64$4.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.2$12.3$58.9$18.4$9.72$8.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$13.1$49.6$8.50$0.94$7.56
2019Summary only. Only limited summary data is available for this year.$32.6$9.49$23.1$3.59$0.92$2.66
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$8.15$19.6$0.38$1.10$0.72
2017Detailed filing. Detailed filing data is available for this year.$28.5$7.83$20.7$0.34$0.91$0.57
2016Detailed filing. Detailed filing data is available for this year.$28.7$7.69$21.0$0.47$0.39$0.08
2015Detailed filing. Detailed filing data is available for this year.$28.9$7.98$20.9$0.73$0.37$0.35
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$28.3$7.68$20.6$0.66$0.25$0.41
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$27.8$7.63$20.2$0.66$0.02$0.64
2012Summary only. Only limited summary data is available for this year.$27.2$7.65$19.5$0.62$0.13$0.48
2011Summary only. Only limited summary data is available for this year.$26.9$7.82$19.1$2.56$0.29$2.27
2010Summary only. Only limited summary data is available for this year.$17.4$0.40$17.0$3.33$1.26$2.07