Civic Intelligence

Peace Properties Inc.

990 • Fiscal year 2021 • EIN 04-3173140

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 17, 2022

Organization ProfileWWW.NOAHCDC.ORG
143 Border StreetEast Boston, MA 02128

(617) 567-5882

Siviq Scores

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

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

22.31x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

9th percentile

-27%

Higher net margin than 9% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$199,846

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 92.8% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$4,539,561

Up $1,125,044 (+33%) from 2020

Net Assets

Down

-$264,304

Down $57,737 (-28%) from 2020

Liabilities

Up

$4,803,865

Up $1,182,781 (+33%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$215,280

Down $921,062 (-81%) from 2020

Expenses

Up

$273,017

Up $83,916 (+44%) from 2020

Net Income

Down

-$57,737

Down $1,004,978 (-106%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,560,003Liabilities 2011: $1,545,752Net Assets 2011: $14,2512011Assets 2012: $1,854,036Liabilities 2012: $1,831,533Net Assets 2012: $22,5032012Assets 2013: $3,766,384Liabilities 2013: $3,026,369Net Assets 2013: $740,0152013Assets 2014: $5,328,416Liabilities 2014: $4,476,225Net Assets 2014: $852,1912014Assets 2015: $5,380,726Liabilities 2015: $4,573,102Net Assets 2015: $807,6242015Assets 2016: $4,445,139Liabilities 2016: $3,675,464Net Assets 2016: $769,6752016Assets 2017: $6,703,545Liabilities 2017: $5,162,338Net Assets 2017: $1,541,2072017Assets 2018: $14,734,113Liabilities 2018: $12,528,450Net Assets 2018: $2,205,6632018Assets 2019: $4,040,865Liabilities 2019: $5,194,673Net Assets 2019: -$1,153,8082019Assets 2020: $3,414,517Liabilities 2020: $3,621,084Net Assets 2020: -$206,5672020Assets 2021: $4,539,561Liabilities 2021: $4,803,865Net Assets 2021: -$264,3042021Assets 2022: $5,504,728Liabilities 2022: $5,803,852Net Assets 2022: -$299,1242022Assets 2023: $5,550,293Liabilities 2023: $5,878,755Net Assets 2023: -$328,4622023Assets 2024: $5,922,571Liabilities 2024: $6,743,406Net Assets 2024: -$820,8352024

Highlighted filing

2021

Assets$4,539,561
Liabilities$4,803,865
Net Assets-$264,304
Open 2021 Filing

Operations Trend

Revenue Growth1st percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $36,3022011Revenue 2012: $24,378Expenses 2012: $16,126Net Income 2012: $8,2522012Revenue 2013: $833,447Expenses 2013: $52,785Net Income 2013: $780,6622013Revenue 2014: $120,390Expenses 2014: $158,233Net Income 2014: -$37,8432014Revenue 2015: $110,621Expenses 2015: $155,188Net Income 2015: -$44,5672015Revenue 2016: $112,163Expenses 2016: $150,112Net Income 2016: -$37,9492016Revenue 2017: $3,392,147Expenses 2017: $2,620,615Net Income 2017: $771,5322017Revenue 2018: $917,260Expenses 2018: $252,804Net Income 2018: $664,4562018Revenue 2019: -$2,163,255Expenses 2019: $1,101,829Net Income 2019: -$3,265,0842019Revenue 2020: $1,136,342Expenses 2020: $189,101Net Income 2020: $947,2412020Revenue 2021: $215,280Expenses 2021: $273,017Net Income 2021: -$57,7372021Revenue 2022: $123,564Expenses 2022: $158,384Net Income 2022: -$34,8202022Revenue 2023: $238,247Expenses 2023: $267,585Net Income 2023: -$29,3382023Revenue 2024: $150,093Expenses 2024: $231,466Net Income 2024: -$81,3732024

Highlighted filing

2021

Revenue$215,280
Expenses$273,017
Net Income-$57,737
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 17, 2022
Return Version
2021v4.2
Gross Receipts
$215,280
Mission and Program Overview

Mission

The development of low and moderate income housing projects.

The development of low and moderate income housing projects

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,845,958$1,790,594▼ $55,364
Cash and Non-Interest-Bearing Accounts$75,049$59,269▼ $15,780
Savings and Temporary Cash Investments$22,327$13,720▼ $8,607
Accounts Receivable$40,264$8,970▼ $31,294
Prepaid Expenses and Deferred Charges$813$580▼ $233
Total Assets$3,414,517$4,539,561▲ $1,125,044
Other Assets Total$1,430,106$2,666,428▲ $1,236,322
Liabilities
Other Liabilities$2,452,440$3,570,342▲ $1,117,902
Mortgage Notes Payable Secured by Investment Property$978,282$945,927▼ $32,355
Accounts Payable and Accrued Expenses$190,362$287,596▲ $97,234
Total Liabilities$3,621,084$4,803,865▲ $1,182,781
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,889$0▼ $22,889
Net Assets Without Donor Restrictions$-229,456$-264,304▼ $34,848
Total Net Assets Fund Balance$-206,567$-264,304▼ $57,737
Total Liabilities and Net Assets / Fund Balance$3,414,517$4,539,561▲ $1,125,044

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,186,648$972,552$2,159,200
Land$603,946-$603,946
Other Assets Org$186,729--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleOtherTotal
Vinny QualtieriDirector of Finance$124,909$124,909

Board Members and Trustees

NameTitle
Michael LakePresident
Mark SavatskyVice President
Carrie Tennant EsqBoard Member
Claudia CorreaBoard Member
Cynthia BaxterBoard Member
David LankBoard Member
Ernani De Araujo EsqBoard Member
Greg Comeau CPABoard Member
Joe RuggieroBoard Member
Orlando PachecoBoard Member
Ricardo PatronBoard Member
Rick HighBoard Member
Philip R GiffeeExecutive Director
Robert SchmidtClerk
Lauren Demayo CPATreasurer (left During 2021)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$147,327
Investment Income
$0
Other Revenue
$67,953
Change in Net Assets
$-57,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$273,017
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
Fees for Services Legal-$102,855-$102,855
Depreciation Depletion$55,364--$55,364
Occupancy$37,665--$37,665
Interest$37,578--$37,578
Insurance-$6,506-$6,506
Fees for Services Other$4,703--$4,703
Fees for Services Accounting-$3,500-$3,500
Other Expenses$1,957--$1,957
Total Functional Expenses$160,156$112,861$0$273,017
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$3,570,342
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 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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

“Peace properties and affiliates board of directors consists of 14 members as of december 31, 2021. They have an annual election in december. Terms are for three years. Members elect a majority or nine members. Members then appoint other members to three year terms.”

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

“A majority vote is required on board decisions. Members from the neighborhood of east boston elect members. That is the by-law.”

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

“The form 990 is reviewed by the board, specifically by the president before the return is filed.”

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

“Noah and affiliates' board of directors and management are required to file an annual conflict of interest form. These forms are collected and maintained at noah's administrative office. If a conflict arises, it is discussed at the board meeting and noted in the minutes. The particular board memeber is excluded from voting on a particular issue that he/she has a conflict.”

Form 990, Part VI, Section B, Line 15

“The board reviews and examines all information presented by the board president and executive committee after review of the executive director. The executive director reviews the compensation for all senior staff.”

Form 990, Part VI, Section C, Line 19

“Information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Peace Properties Inc
EIN
04-3173140
Phone
6175675882
Address
143 BORDER STREET, EAST BOSTON, MA 02128

Signing Officer

Name
Philip R Giffee
Title
Executive Director
Phone
6175222766
Signed
2022-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip R Giffee
Formed
1992
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Andrew R Puricelli CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The 990 is reviewed by the board, specifically by the president before it is filed. This process has not changed form the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Noah and affiliates, which includes peace properties, inc., account for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statements regarding a tax position taken or expected to be taken in a tax return. Noah and affiliates has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at december 31, 2021. Noah and affiliates information returns are subject to examination by the federal and state jurisdictions.”

Raw XML AppendixShowing 400 of 697 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0215280
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06506
IRS990/InsuranceGrp/TotalAmt06506
IRS990/InterestGrp/ProgramServicesAmt037578
IRS990/InterestGrp/TotalAmt037578
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0972552
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01845958
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01790594
IRS990/LandBldgEquipCostOrOtherBssAmt02763146
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0978282
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0945927
IRS990/NetAssetsOrFundBalancesBOYAmt0-206567
IRS990/NetAssetsOrFundBalancesEOYAmt0-264304
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-229456
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-264304
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt037665
IRS990/OccupancyGrp/TotalAmt037665
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01430106
IRS990/OtherAssetsTotalGrp/EOYAmt02666428
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VALUATION ALLOWANCE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt022889
IRS990/OtherExpensesGrp/ProgramServicesAmt11957
IRS990/OtherExpensesGrp/TotalAmt022889
IRS990/OtherExpensesGrp/TotalAmt11957
IRS990/OtherLiabilitiesGrp/BOYAmt02452440
IRS990/OtherLiabilitiesGrp/EOYAmt03570342
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1RECOVERY OF ADVANCES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt049173
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118780
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049173
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118780
IRS990/OtherRevenueTotalAmt067953
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0813
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0580
IRS990/PrincipalOfficerNm0PHILIP R GIFFEE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0113202
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0113202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134125
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt026507
IRS990/PYOtherExpensesAmt0189101
IRS990/PYOtherRevenueAmt0971893
IRS990/PYProgramServiceRevenueAmt0112942
IRS990/PYRevenuesLessExpensesAmt0947241
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0189101
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01136342
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-57737
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0215280
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022327
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013720
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
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/Form990ScheduleAPartVIGrp/ExplanationTxt0PEACE PROPERTIES, INC. HAS HAD A HISTORIC RELATIONSHIP WITH NEIGHBORHOOD OF AFFORDABLE HOUSING, INC. (NOAH) TO PROVIDE SUPPORT SURROUNDING REAL ESTATE DEVELOPMENT PROJECTS FOR LOW-INCOME INDIVIDUALS. PEACE PROPERTIES IS THE AGENCY OF NOAH THAT HOLDS NOAH'S LOW-INCOME HOUSING PROJECTS WHILE IN CONSTRUCTION WHICH IS DIRECTLY SUPPORTING NOAH'S REAL ESTATE DEVELOPMENT PROGRAM EFFORTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt0109249
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0042964630
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0109249
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NEIGHBORHOOD OF AFFORDABLE HOUSING INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01186648
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0972552
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02159200
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0603946
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0603946
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02479699
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1186729
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROJECTS UNDER DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03570342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOAH AND AFFILIATES, WHICH INCLUDES PEACE PROPERTIES, INC., ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NOAH AND AFFILIATES HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2021. NOAH AND AFFILIATES INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01790594
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02666428
IRS990ScheduleD/TotalLiabilityAmt03570342
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0171666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028180
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PHILIP R GIFFEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0199846

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,539,561
Liabilities
$4,803,865
Net assets
-$264,304
Revenue
$215,280
Expenses
$273,017
Net income
-$57,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$6.74$0.82$0.15$0.23$0.08
2023Detailed filing. Detailed filing data is available for this year.$5.55$5.88$0.33$0.24$0.27$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$5.80$0.30$0.12$0.16$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.54$4.80$0.26$0.22$0.27$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.41$3.62$0.21$1.14$0.19$0.95
2019Detailed filing. Detailed filing data is available for this year.$4.04$5.19$1.15$2.16$1.10$3.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$12.5$2.21$0.92$0.25$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.70$5.16$1.54$3.39$2.62$0.77
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$3.68$0.77$0.11$0.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$5.38$4.57$0.81$0.11$0.16$0.04
2014Detailed filing. Detailed filing data is available for this year.$5.33$4.48$0.85$0.12$0.16$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$3.03$0.74$0.83$0.05$0.78
2012Summary only. Only limited summary data is available for this year.$1.85$1.83$0.02$0.02$0.02$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$1.55$0.01$0.04