Civic Intelligence

Community Works Rhode Island

990 • Fiscal year 2016 • EIN 05-0376759

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 17, 2017

Organization ProfileN/A

View Organization Page

66 Chaffee StreetProvidence, RI 02909

(401) 351-8719

Siviq Scores

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

Liabilities / Assets

74th percentile

0.39x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.53x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

57%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

12th percentile

-10%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

87%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$2,011,223

Down $231,181 (-10%) from 2015

Net Assets

Up

$1,227,020

Up $1,243,837 (+7396%) from 2015

Liabilities

Down

$784,203

Down $1,475,018 (-65%) from 2015

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin94th percentile

Revenue

Up

$1,476,416

Up $685,036 (+87%) from 2015

Expenses

Down

$636,493

Down $1,284,436 (-67%) from 2015

Net Income

Up

$839,923

Up $1,969,472 (+174%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $3,066,641Liabilities 2011: $2,398,881Net Assets 2011: $667,7602011Assets 2012: $2,950,190Liabilities 2012: $2,449,979Net Assets 2012: $500,2112012Assets 2013: $3,264,381Liabilities 2013: $2,815,073Net Assets 2013: $449,3082013Assets 2014: $3,415,718Liabilities 2014: $2,588,943Net Assets 2014: $826,7752014Assets 2015: $2,242,404Liabilities 2015: $2,259,221Net Assets 2015: -$16,8172015Assets 2016: $2,011,223Liabilities 2016: $784,203Net Assets 2016: $1,227,0202016Assets 2017: $1,705,286Liabilities 2017: $705,207Net Assets 2017: $1,000,0792017

Highlighted filing

2016

Assets$2,011,223
Liabilities$784,203
Net Assets$1,227,020
Open 2016 Filing

Operations Trend

Revenue Growth93rd percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $1,097,2942011Revenue 2012: $801,472Expenses 2012: $1,424,783Net Income 2012: -$623,3112012Revenue 2013: $733,058Expenses 2013: $1,116,782Net Income 2013: -$383,7242013Revenue 2014: $1,099,981Expenses 2014: $1,140,459Net Income 2014: -$40,4782014Revenue 2015: $791,380Expenses 2015: $1,920,929Net Income 2015: -$1,129,5492015Revenue 2016: $1,476,416Expenses 2016: $636,493Net Income 2016: $839,9232016Revenue 2017: $55,232Expenses 2017: $693,085Net Income 2017: -$637,8532017

Highlighted filing

2016

Revenue$1,476,416
Expenses$636,493
Net Income$839,923
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 17, 2017
Return Version
2016v3.0
Gross Receipts
$1,558,220
Mission and Program Overview

Mission

Housing opportunities for low and moderate income persons and improvements in the neighborhoods where these persons reside

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,905,703$1,849,693▼ $56,010
Savings and Temporary Cash Investments$177,534$72,712▼ $104,822
Cash and Non-Interest-Bearing Accounts$17,014$38,285▲ $21,271
Accounts Receivable$17,165$34,271▲ $17,106
Pledges and Grants Receivable$12,833--
Inventories for Sale or Use$108,000$9,880▼ $98,120
Prepaid Expenses and Deferred Charges$1,988$4,215▲ $2,227
Total Assets$2,242,404$2,011,223▼ $231,181
Other Assets Total$2,167$2,167→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,959,880$555,727▼ $1,404,153
Accounts Payable and Accrued Expenses$270,417$199,737▼ $70,680
Other Liabilities$28,924$28,739▼ $185
Total Liabilities$2,259,221$784,203▼ $1,475,018
Net Assets / Fund Balance
Unrestricted Net Assets$-692,101$605,385▲ $1,297,486
Temporarily Rstr Net Assets$332,980$320,547▼ $12,433
Permanently Rstr Net Assets$342,304$301,088▼ $41,216
Total Net Assets Fund Balance$-16,817$1,227,020▲ $1,243,837
Total Liabilities and Net Assets / Fund Balance$2,242,404$2,011,223▼ $231,181

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,717,996$488,198$2,206,194
Land$118,476-$118,476
Other Land Buildings$13,221$31,176$44,397

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$342,304---$301,088
2015$439,463$39,151--$342,304
2014$470,928---$439,463
2013$468,931$137,375--$470,928
2012$418,931$50,000--$468,931
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert McmahonPresident
Julia GoldVice President
Celeste JeffreyDirector
Clay RockefellerDirector
Lt Dean IsabellaDirector
Lt Henry RemolinaDirector
Rochelle LeeDirector
Virginia MorganDirector
Elmer StanleySecretary
Zander MarroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,668
Program Service Revenue
$176,633
Investment Income
$497,400
Other Revenue
$787,715
Change in Net Assets
$839,923

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,475,604
Revenue Not Reported on Financial Statements
$812
Revenue Not Reported on Form 990
$1,578,690
Other Revenue Adjustments
$812
Total Revenue per Audited Statements
$3,054,294
Total Revenue per Form 990
$1,476,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$636,493
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
Depreciation Depletion$56,235--$56,235
All Other Expenses$39,364$2,387-$41,751
Other Expenses$24,733$272-$25,005
Fees for Services Accounting-$11,081-$11,081
Insurance$8,699$711-$9,410
Fees for Services Management$9,283--$9,283
Interest$2,550--$2,550
Office Expenses$2,092$25-$2,117
Fees for Services Legal$972--$972
Conferences and Meetings$66--$66
Total Functional Expenses$617,384$19,109$0$636,493

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,408,989
Expenses Not Reported on Form 990$3,177,222
Total Expenses per Form 990$636,493
Expenses Not Reported on Financial Statements$404,726
Other Expense Adjustments$404,726
Expenses per Audited Statements$231,767
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Sole Member of OrganizationAdvancesNo$59,274
-ORGANIZATIONS OWNS 100% OF LPAdvancesNo$22,607
-ORGANIZATION OWNS 100% OF CORPAdvancesNo$6,500
-ORGANIZATION OWNS 99.9% OF LLCAdvancesNo$6,434
-ORGANIZATION OWNS 100% OF CORPAdvancesNo$6,000
-ORGANIZATION OWNS 100% OF CORPAdvancesNo$5,350
-ORGANIZATION OWNS 100% OF CORPAdvancesNo$3,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investments in Partnership$17,552
Escrow and Security Deposits$11,187
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
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has contracted with an unrelated third party real estate management company to manage certain rental properties and with another non-profit organization for overall bookkeeping and administration for the year”

Form 990, Part VI, Section A, Line 6

“The organization has one member, olneyville housing corporation, another non profit organization”

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

“The return is reviewed by the executive director prior to electronic filing with the irs”

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

“Reviewed by board of directors”

Form 990, Part VI, Section B, Line 15A

“The board of directors through its finance committee reviews and establishes the executive director's compensation”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Robert mcmahon - 44 sharon street, providence, ri 02909. Zander marro - 14 olneyville square, providence, ri 02909. Elmer stanley - 11 health st, providence, ri 02909. Clay rockefeller - 532 kinsley ave, providence, ri 02909. Lt dean isabella - 325 washington street, providence, ri 02909. Julia gold - 3 capitol hill, providence, ri 02909. Virginia morgan - 65 capron st, providence, ri 02909. Celeste jeffrey - 27 princeton avenue, providence, ri 02907. Rochelle lee - 172 ontario street, providence, ri 02907. Lt henry remolina - 325 washington street, providence, ri 02903.”

Filing and Contact Details

Filer

Filer Name
Community Works Rhode Island
EIN
05-0376759
Phone
4013518719
Address
66 CHAFFEE STREET, PROVIDENCE, RI 02909

Signing Officer

Name
Michael Devos
Title
Executive Director
Phone
4013518719
Signed
2017-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Devos
Formed
2008
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
D'AMBRA CPA
Address
531 HARRIS AVENUE, WOONSOCKET, RI 02895-1872
Preparer
CRAIG D'AMBRA
Phone
4014742300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“K-1 losses not recorded on financial statements 403,914.”

Form 990, Part XI, Line 2C

“No change from prior year”

Financial Statement Notes

PART V, LINE 4:

“As specified under terms of grant agreements”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue of consolidated affiliates filing separate tax returns 1,578,690.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Interest income from partnership k-1's 812.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses of consolidated affiliates filing separate tax returns 3,177,222.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Rent losses from partnership k-1's 404,726.”

Raw XML AppendixShowing 400 of 715 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/OfficeExpensesGrp/ProgramServicesAmt02092
IRS990/OfficeExpensesGrp/TotalAmt02117
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02167
IRS990/OtherAssetsTotalGrp/EOYAmt02167
IRS990/OtherChangesInNetAssetsAmt0403914
IRS990/OtherExpensesGrp/Desc0RENTAL LOSS FROM K-1
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2PAYROLL AND TAXES REIMB
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04633
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1272
IRS990/OtherExpensesGrp/ProgramServicesAmt0404726
IRS990/OtherExpensesGrp/ProgramServicesAmt138719
IRS990/OtherExpensesGrp/ProgramServicesAmt229945
IRS990/OtherExpensesGrp/ProgramServicesAmt324733
IRS990/OtherExpensesGrp/TotalAmt0404726
IRS990/OtherExpensesGrp/TotalAmt143352
IRS990/OtherExpensesGrp/TotalAmt229945
IRS990/OtherExpensesGrp/TotalAmt325005
IRS990/OtherLiabilitiesGrp/BOYAmt028924
IRS990/OtherLiabilitiesGrp/EOYAmt028739
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0LOAN FOREGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0775221
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt112494
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0775221
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112494
IRS990/OtherRevenueTotalAmt0787715
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0342304
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0301088
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012833
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01988
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04215
IRS990/PrincipalOfficerNm0MICHAEL DEVOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0176633
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0176633
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0604834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0429
IRS990/PYOtherExpensesAmt01914721
IRS990/PYOtherRevenueAmt07854
IRS990/PYProgramServiceRevenueAmt0178263
IRS990/PYRevenuesLessExpensesAmt0-1129549
IRS990/PYSalariesCompEmpBnftPaidAmt06208
IRS990/PYTotalExpensesAmt01920929
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0791380
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0839923
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01474391
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0177534
IRS990/SavingsAndTempCashInvstGrp/EOYAmt072712
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014668
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0604834
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt083743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0578695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0721172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02003112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0213
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01460723
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0178263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0157365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0519066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0965357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03280774
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0499
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07854
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02131
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt020761
IRS990ScheduleA/OtherIncome509Grp/TotalAmt037544
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99290
IRS990ScheduleA/PublicSupportPY509Pct00.91720
IRS990ScheduleA/PublicSupportTotal509Amt05283886
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01475391
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0783097
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0241108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01097761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01686529
IRS990ScheduleA/Total509Grp/TotalAmt05283886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01475604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0791063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0247949
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01099981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01707332
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05321929
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01717996
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0488198
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02206194
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt041216
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0342304
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0301088
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0136310
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0439463
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt039151
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0342304
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt031465
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0470928
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0439463
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0135378
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0468931
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0137375
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0470928
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0418931
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0468931
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt03177222
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0404726
IRS990ScheduleD/ExpensesSubtotalAmt0231767
IRS990ScheduleD/LandGrp/BookValueAmt0118476
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0118476
IRS990ScheduleD/OtherExpensesIncludedAmt03177222
IRS990ScheduleD/OtherExpensesNotIncludedAmt0404726
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013221
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031176
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044397
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011187
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ESCROW AND SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INVESTMENTS IN PARTNERSHIP
IRS990ScheduleD/OtherRevenueAmt01578690
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0812
IRS990ScheduleD/RevenueNotReportedAmt01578690
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0812
IRS990ScheduleD/RevenueSubtotalAmt01475604
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS SPECIFIED UNDER TERMS OF GRANT AGREEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE OF CONSOLIDATED AFFILIATES FILING SEPARATE TAX RETURNS 1,578,690.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST INCOME FROM PARTNERSHIP K-1'S 812.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES OF CONSOLIDATED AFFILIATES FILING SEPARATE TAX RETURNS 3,177,222.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RENT LOSSES FROM PARTNERSHIP K-1'S 404,726.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01849693
IRS990ScheduleD/TotalExpensesPerForm990Amt0636493
IRS990ScheduleD/TotalLiabilityAmt028739
IRS990ScheduleD/TotalRevenuePerForm990Amt01476416
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03054294
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03408989
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,011,223
Liabilities
$784,203
Net assets
$1,227,020
Revenue
$1,476,416
Expenses
$636,493
Net income
$839,923
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.71$1.00$0.06$0.69$0.64
2016Detailed filing. Detailed filing data is available for this year.$2.01$0.78$1.23$1.48$0.64$0.84
2015Detailed filing. Detailed filing data is available for this year.$2.24$2.26$0.02$0.79$1.92$1.13
2014Detailed filing. Detailed filing data is available for this year.$3.42$2.59$0.83$1.10$1.14$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$2.82$0.45$0.73$1.12$0.38
2012Summary only. Only limited summary data is available for this year.$2.95$2.45$0.50$0.80$1.42$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$2.40$0.67$1.10