Civic Intelligence

Housing for Rockdale Elders Inc C/O Rcap Solutions Inc

990 • Fiscal year 2018 • EIN 04-2799671

Nov 01, 2017 to Oct 31, 2018 • Filed on Jul 31, 2019

Organization ProfileN/A
205 School StreetGardner, MA 01440

(978) 630-6600

Siviq Scores

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

Liabilities / Assets

98th percentile

2.19x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

3.89x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

25th percentile

-5.8%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$879,461

Down $54,543 (-5.8%) from 2017

Net Assets

Down

-$1,045,572

Down $2,505 (-0.2%) from 2017

Liabilities

Down

$1,925,033

Down $52,038 (-2.6%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin38th percentile

Revenue

Up

$495,248

Up $14,533 (+3.0%) from 2017

Expenses

Up

$497,753

Up $4,752 (+1.0%) from 2017

Net Income

Up

-$2,505

Up $9,781 (+80%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,482,962Liabilities 2010: $2,214,696Net Assets 2010: -$731,7342010Assets 2011: $1,433,169Liabilities 2011: $2,181,416Net Assets 2011: -$748,2472011Assets 2012: $1,424,413Liabilities 2012: $2,184,660Net Assets 2012: -$760,2472012Assets 2013: $1,241,081Liabilities 2013: $2,139,903Net Assets 2013: -$898,8222013Assets 2014: $1,101,352Liabilities 2014: $2,104,457Net Assets 2014: -$1,003,1052014Assets 2015: $1,030,482Liabilities 2015: $2,049,493Net Assets 2015: -$1,019,0112015Assets 2016: $997,075Liabilities 2016: $2,027,856Net Assets 2016: -$1,030,7812016Assets 2017: $934,004Liabilities 2017: $1,977,071Net Assets 2017: -$1,043,0672017Assets 2018: $879,461Liabilities 2018: $1,925,033Net Assets 2018: -$1,045,5722018Assets 2019: $827,722Liabilities 2019: $1,886,394Net Assets 2019: -$1,058,6722019Assets 2020: $775,706Liabilities 2020: $1,836,737Net Assets 2020: -$1,061,0312020Assets 2021: $680,370Liabilities 2021: $1,773,907Net Assets 2021: -$1,093,5372021Assets 2022: $629,224Liabilities 2022: $1,729,126Net Assets 2022: -$1,099,9022022Assets 2023: $577,736Liabilities 2023: $1,656,811Net Assets 2023: -$1,079,0752023Assets 2024: $536,889Liabilities 2024: $1,614,301Net Assets 2024: -$1,077,4122024

Highlighted filing

2018

Assets$879,461
Liabilities$1,925,033
Net Assets-$1,045,572
Open 2018 Filing

Operations Trend

Revenue Growth48th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $451,8922010Expenses 2011: $460,3202011Expenses 2012: $462,3802012Revenue 2013: $459,589Expenses 2013: $598,164Net Income 2013: -$138,5752013Revenue 2014: $464,564Expenses 2014: $568,847Net Income 2014: -$104,2832014Revenue 2015: $473,408Expenses 2015: $489,314Net Income 2015: -$15,9062015Revenue 2016: $475,570Expenses 2016: $487,340Net Income 2016: -$11,7702016Revenue 2017: $480,715Expenses 2017: $493,001Net Income 2017: -$12,2862017Revenue 2018: $495,248Expenses 2018: $497,753Net Income 2018: -$2,5052018Revenue 2019: $494,347Expenses 2019: $507,447Net Income 2019: -$13,1002019Revenue 2020: $511,068Expenses 2020: $513,427Net Income 2020: -$2,3592020Revenue 2021: $504,845Expenses 2021: $537,351Net Income 2021: -$32,5062021Revenue 2022: $530,810Expenses 2022: $537,175Net Income 2022: -$6,3652022Revenue 2023: $554,253Expenses 2023: $533,426Net Income 2023: $20,8272023Revenue 2024: $565,205Expenses 2024: $563,542Net Income 2024: $1,6632024

Highlighted filing

2018

Revenue$495,248
Expenses$497,753
Net Income-$2,505
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Jul 31, 2019
Return Version
2017v2.3
Gross Receipts
$495,248
Mission and Program Overview

Mission

To provide affordable residential housing for the elderly in northbridge, massachusetts.

To acquire, construct, rehabilitate and operate 40 units of affordable residential housing for elderly persons located in northbridge, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$651,585$613,443▼ $38,142
Cash and Non-Interest-Bearing Accounts$43,682$36,234▼ $7,448
Prepaid Expenses and Deferred Charges$19,477$21,189▲ $1,712
Accounts Receivable$144$2,258▲ $2,114
Total Assets$934,004$879,461▼ $54,543
Other Assets Total$219,116$206,337▼ $12,779
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,920,804$1,873,301▼ $47,503
Accounts Payable and Accrued Expenses$43,440$37,226▼ $6,214
Escrow Account Liability$12,487$13,243▲ $756
Deferred Revenue$340$1,263▲ $923
Total Liabilities$1,977,071$1,925,033▼ $52,038
Net Assets / Fund Balance
Unrestricted Net Assets$-1,043,067$-1,045,572▼ $2,505
Total Net Assets Fund Balance$-1,043,067$-1,045,572▼ $2,505
Total Liabilities and Net Assets / Fund Balance$934,004$879,461▼ $54,543

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$544,333$1,676,282$2,220,615
Equipment$16,091$64,953$81,044
Other Land Buildings$25,481$11,459$36,940
Land$27,538-$27,538
Other Assets Org$20,007--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
William MinklePresident/ Treasurer
Jane BisaillonDirector
Kimberly R MorrisonDirector
Thomas P HeneyDirector
Deborah FoleyClerk/resident Agent

Highest Paid Contractors

ContractorServicesLocationCompensation
Rcap Solutions INCManagement Services205 SCHOOL STREET, Gardner, MA 01440$190,328
Revenue and Support

Revenue Composition

Contributions and Grants
$319,528
Program Service Revenue
$173,558
Investment Income
$90
Other Revenue
$2,072
Change in Net Assets
$-2,505

Audited Revenue Reconciliation

Revenue per Audited Statements
$495,248
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$495,248
Total Revenue per Form 990
$495,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$497,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$218,341--$218,341
Fees for Services Other$116,627--$116,627
Depreciation Depletion$63,405--$63,405
Fees for Services Management$37,774--$37,774
Office Expenses$18,628--$18,628
Fees for Services Accounting$9,398--$9,398
Insurance$2,268--$2,268
Conferences and Meetings$2,224--$2,224
Fees for Services Legal$489--$489
Advertising$179--$179
Other Expenses$144--$144
Total Functional Expenses$497,753$0$0$497,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$497,753
Total Expenses per Audited Statements$497,753
Total Expenses per Form 990$497,753
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The corporation incurred and paid a management fee of $36,394 for the year ended october 31, 2018 to rcap. The management fee is equal to 7.35% of total rent collections. The agreement is in effect until canceled by hud, the corporation or rcap.”

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

“The management company ceo works closely with the cpa firm and provides information necessary to complete the 990. The 990 is discussed with the corporation board, highlighting the importance of compliance with irs regulations as it is presented on the 990. The form is electronically sent to the board of directors once completed by the cpa firm.”

Form 990, Part VI, Section C, Line 19

“A copy of the financial statements and governing documents are made available to the public when requested in writing. Requests should be directed to the president of the board of the directors. In addition the form 990 is available at the massachusetts attorney general's website.”

Filing and Contact Details

Filer

Filer Name
Housing for Rockdale Elders Inc
EIN
04-2799671
Phone
9786306600
Address
205 SCHOOL STREET, GARDNER, MA 01440

Signing Officer

Name
William Minkle
Title
President/treasurer
Phone
9786306600
Signed
2019-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Minkle
Formed
1983
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Jolanta Tuck CPA
Phone
7813803520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Management services: program service expenses 116,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,627.”

Financial Statement Notes

PART IV, LINE 2B:

“The tenant security deposits are held in a separate bank account. Policy is to collect a security deposit of up to one month's rent from the tenant. Upon termination of the lease, the security deposits can be used to pay for damages caused by the tenant or used against unpaid receivables with the remaining balance being refunded to the tenant.”

Raw XML AppendixShowing 400 of 425 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/BOYAmt043440
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt037226
IRS990/AccountsReceivableGrp/BOYAmt0144
IRS990/AccountsReceivableGrp/EOYAmt02258
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE 40 UNITS OF AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS LOCATED IN NORTHBRIDGE, MASSACHUSETTS.
IRS990/AdvertisingGrp/ProgramServicesAmt0179
IRS990/AdvertisingGrp/TotalAmt0179
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM MINKLE
IRS990/BooksInCareOfDetail/PhoneNum09786306600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0205 SCHOOL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0GARDNER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001440
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt043682
IRS990/CashNonInterestBearingGrp/EOYAmt036234
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02224
IRS990/ConferencesMeetingsGrp/TotalAmt02224
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0190328
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0205 SCHOOL STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GARDNER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001440
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RCAP SOLUTIONS INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0319528
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt090
IRS990/CYOtherExpensesAmt0497753
IRS990/CYOtherRevenueAmt02072
IRS990/CYProgramServiceRevenueAmt0173558
IRS990/CYRevenuesLessExpensesAmt0-2505
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0497753
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0495248
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0340
IRS990/DeferredRevenueGrp/EOYAmt01263
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt063405
IRS990/DepreciationDepletionGrp/TotalAmt063405
IRS990/Desc0TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE 40 UNITS OF AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS LOCATED IN NORTHBRIDGE, MASSACHUSETTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt012487
IRS990/EscrowAccountLiabilityGrp/EOYAmt013243
IRS990/ExpenseAmt0497753
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09398
IRS990/FeesForServicesAccountingGrp/TotalAmt09398
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0489
IRS990/FeesForServicesLegalGrp/TotalAmt0489
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt037774
IRS990/FeesForServicesManagementGrp/TotalAmt037774
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0116627
IRS990/FeesForServicesOtherGrp/TotalAmt0116627
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS P HENEY
IRS990/Form990PartVIISectionAGrp/PersonNm1KIMBERLY R MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm2JANE BISAILLON
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM MINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBORAH FOLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK/RESIDENT AGENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0319528
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0495248
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02268
IRS990/InsuranceGrp/TotalAmt02268
IRS990/InvestmentIncomeGrp/ExclusionAmt090
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt090
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01752694
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0651585
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0613443
IRS990/LandBldgEquipCostOrOtherBssAmt02366137
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING FOR THE ELDERLY IN NORTHBRIDGE, MASSACHUSETTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01920804
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01873301
IRS990/NetAssetsOrFundBalancesBOYAmt0-1043067
IRS990/NetAssetsOrFundBalancesEOYAmt0-1045572
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0218341
IRS990/OccupancyGrp/TotalAmt0218341
IRS990/OfficeExpensesGrp/ProgramServicesAmt018628
IRS990/OfficeExpensesGrp/TotalAmt018628
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0219116
IRS990/OtherAssetsTotalGrp/EOYAmt0206337
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPORTIVE SERVICES
IRS990/OtherExpensesGrp/Desc1RESIDUAL RECEIPTS
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt027771
IRS990/OtherExpensesGrp/ProgramServicesAmt1505
IRS990/OtherExpensesGrp/ProgramServicesAmt2144
IRS990/OtherExpensesGrp/TotalAmt027771
IRS990/OtherExpensesGrp/TotalAmt1505
IRS990/OtherExpensesGrp/TotalAmt2144
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02072
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02072
IRS990/OtherRevenueTotalAmt02072
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019477
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021189
IRS990/PrincipalOfficerNm0WILLIAM MINKLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0173558
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0173558
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0308056
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt071
IRS990/PYOtherExpensesAmt0493001
IRS990/PYOtherRevenueAmt04728
IRS990/PYProgramServiceRevenueAmt0167860
IRS990/PYRevenuesLessExpensesAmt0-12286
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0493001
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0480715
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2505
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0175630
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0319528
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0308056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0305256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0275090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0293224
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01501154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0173558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0167860
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0166868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0180875
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0168371
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0857532
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0503
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02072
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04728
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03378
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt017392
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02787
IRS990ScheduleA/OtherIncome509Grp/TotalAmt030357
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98710
IRS990ScheduleA/PublicSupportPY509Pct00.98670
IRS990ScheduleA/PublicSupportTotal509Amt02358686
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0493086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0475916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0472124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0455965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0461595
IRS990ScheduleA/Total509Grp/TotalAmt02358686
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0495248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0480715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0475570
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0473449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0464564
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02389546
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0544333
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01676282
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02220615
IRS990ScheduleD/EquipmentGrp/BookValueAmt016091
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064953
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt081044
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0497753
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt027538
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt027538
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013243
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111629
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2161458
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt320007
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025481
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011459
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036940
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0495248
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT. POLICY IS TO COLLECT A SECURITY DEPOSIT OF UP TO ONE MONTH'S RENT FROM THE TENANT. UPON TERMINATION OF THE LEASE, THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES WITH THE REMAINING BALANCE BEING REFUNDED TO THE TENANT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0613443
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0206337
IRS990ScheduleD/TotalExpensesPerForm990Amt0497753
IRS990ScheduleD/TotalRevenuePerForm990Amt0495248
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0495248
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0497753
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION INCURRED AND PAID A MANAGEMENT FEE OF $36,394 FOR THE YEAR ENDED OCTOBER 31, 2018 TO RCAP. THE MANAGEMENT FEE IS EQUAL TO 7.35% OF TOTAL RENT COLLECTIONS. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR RCAP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT COMPANY CEO WORKS CLOSELY WITH THE CPA FIRM AND PROVIDES INFORMATION NECESSARY TO COMPLETE THE 990. THE 990 IS DISCUSSED WITH THE CORPORATION BOARD, HIGHLIGHTING THE IMPORTANCE OF COMPLIANCE WITH IRS REGULATIONS AS IT IS PRESENTED ON THE 990. THE FORM IS ELECTRONICALLY SENT TO THE BOARD OF DIRECTORS ONCE COMPLETED BY THE CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC WHEN REQUESTED IN WRITING. REQUESTS SHOULD BE DIRECTED TO THE PRESIDENT OF THE BOARD OF THE DIRECTORS. IN ADDITION THE FORM 990 IS AVAILABLE AT THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 116,627. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,627.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0934004
IRS990/TotalAssetsEOYAmt0879461
IRS990/TotalAssetsGrp/BOYAmt0934004
IRS990/TotalAssetsGrp/EOYAmt0879461
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0319528
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0497753
IRS990/TotalFunctionalExpensesGrp/TotalAmt0497753
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01977071
IRS990/TotalLiabilitiesEOYAmt01925033
IRS990/TotalLiabilitiesGrp/BOYAmt01977071
IRS990/TotalLiabilitiesGrp/EOYAmt01925033
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1043067
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1045572
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0497753
IRS990/TotalProgramServiceRevenueAmt0173558
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt090
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0175630
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0495248
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0934004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0879461
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1043067
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1045572
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0205 SCHOOL STREET
IRS990/USAddress/CityNm0GARDNER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001440
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MINKLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09786306600
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOUSING FOR ROCKDALE ELDERS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O RCAP SOLUTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0HOUS
ReturnHeader/Filer/EIN0042799671
ReturnHeader/Filer/PhoneNum09786306600

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$879,461
Liabilities
$1,925,033
Net assets
-$1,045,572
Revenue
$495,248
Expenses
$497,753
Net income
-$2,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$1.61$1.08$0.57$0.56$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.58$1.66$1.08$0.55$0.53$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$1.73$1.10$0.53$0.54$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.68$1.77$1.09$0.50$0.54$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$1.84$1.06$0.51$0.51$0.00
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.83$1.89$1.06$0.49$0.51$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.88$1.93$1.05$0.50$0.50$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.93$1.98$1.04$0.48$0.49$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.00$2.03$1.03$0.48$0.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.03$2.05$1.02$0.47$0.49$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.10$2.10$1.00$0.46$0.57$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$2.14$0.90$0.46$0.60$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$2.18$0.76$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$2.18$0.75$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$2.21$0.73$0.45