Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 16.7% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
39th percentile
Faster revenue growth than 39% of similar nonprofits.
Assets
Down$3,383,609
Down $87,435 (-2.5%) from 2016
Net Assets
Down-$1,296,371
Down $87,253 (-7.2%) from 2016
Liabilities
Down$4,679,980
Down $182 (-0.0%) from 2016
Revenue
Up$597,200
Up $2,406 (+0.4%) from 2016
Expenses
Down$684,453
Down $9,765 (-1.4%) from 2016
Net Income
Up-$87,253
Up $12,171 (+12%) from 2016
To provide low-income housing for eligible elderly people.
Low-income housing for elderly persons
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Loans From Officers Directors | $4,606,700 | $4,606,700 | → $0 |
| Land, Buildings, and Equipment, Net | $2,959,594 | $2,885,320 | ▼ $74,274 |
| Cash and Non-Interest-Bearing Accounts | $31,936 | $32,812 | ▲ $876 |
| Prepaid Expenses and Deferred Charges | $10,279 | $8,413 | ▼ $1,866 |
| Accounts Receivable | $1,522 | $2,568 | ▲ $1,046 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-1,209,118 | $-1,296,371 | ▼ $87,253 |
| Total Assets | $3,471,044 | $3,383,609 | ▼ $87,435 |
| Other Assets Total | $467,713 | $454,496 | ▼ $13,217 |
| Liabilities | |||
| Other Liabilities | $70,663 | $70,353 | ▼ $310 |
| Accounts Payable and Accrued Expenses | $1,559 | $1,879 | ▲ $320 |
| Deferred Revenue | $1,240 | $1,048 | ▼ $192 |
| Total Liabilities | $4,680,162 | $4,679,980 | ▼ $182 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-1,209,118 | $-1,296,371 | ▼ $87,253 |
| Total Liabilities and Net Assets / Fund Balance | $3,471,044 | $3,383,609 | ▼ $87,435 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,825,320 | $2,735,793 | - |
| Land | $60,000 | - | - |
| Other Assets Org | $7,880 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Lawrence E Brown | Retired Director | $99,516 | $99,516 |
| Name | Title |
|---|---|
| Laurence K Flynn | Chairman |
| Stephen Napolitano Esquire | Vice Chairman |
| Sharon Morris | Current Director |
| Kathy Placencia | Secretary |
| Michael Aaronson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $567,391 |
| Salaries, Compensation, and Employee Benefits | $117,062 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $164,697 | - | - | $164,697 |
| Occupancy | $93,010 | $10,334 | - | $103,344 |
| Other Salaries and Wages | $34,071 | $44,927 | - | $78,998 |
| Fees for Services Management | - | $66,062 | - | $66,062 |
| Insurance | $36,765 | - | - | $36,765 |
| Other Employee Benefits | $23,676 | $6,157 | - | $29,833 |
| All Other Expenses | $19,327 | - | - | $19,327 |
| Other Expenses | $18,875 | - | - | $18,875 |
| Office Expenses | - | $14,344 | - | $14,344 |
| Payroll Taxes | $6,691 | $1,540 | - | $8,231 |
| Fees for Services Accounting | - | $7,200 | - | $7,200 |
| Fees for Services Other | - | $3,327 | - | $3,327 |
| Fees for Services Legal | - | $3,095 | - | $3,095 |
| Advertising | - | $412 | - | $412 |
| Travel | $182 | - | - | $182 |
| Total Functional Expenses | $527,055 | $157,398 | $0 | $684,453 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $684,453 |
| Total Expenses per Audited Statements | $684,453 |
| Total Expenses per Form 990 | $684,453 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Related Organization | Operating Lease Agreement With Omni Development Corporation to Omni Governor, Inc. for the Use of Two Trucks and the Related Operating Costs. | No | $7,500 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $4,606,700 | $4,606,700 | → $0 |
| Liability | Amount |
|---|---|
| Accrued Expenses | $30,821 |
| Accrued Real Estate Taxes | $23,466 |
| Tenant Security Deposits | $15,564 |
| Accrued Management Fees | $502 |
“The property is a hud regulated property and the organization has historically hired a hud-approved management agent to run the day to day operations of the property. This includes dealing with tenant issues, tenant certification and recertifications, policies and procedures and all accounting procedures.”
“No meetings were held during the year by the governing body that resulted in written actions that were undertaken. Weekly meetings with the management company and owners occurred to discuss and review financial information.”
“No meetings were held during the year by committees that resulted in written actions that were undertaken. Weekly meetings with the management company and owners occurred to discuss and review financial information.”
“The form 990 is sent to the executive director of the organization. The executive director reviews it, makes any necessary changes and then signs off on it.”
“The management company has adopted a conflict of interest policy that requires employee to disclose relationships with vendors and to obtain approval before using management approved vendors. They are reviewed periodically during the year.”
“These documents are available upon request. They are provided by the management company of the property and the owners.”
“These documents are available upon request. They are provided by the management company of the property and the owners.”
“No changes were made in the oversight of the audit or process of selection for the auditor.”
“The project has adopted the "accounting for uncertainty in income taxes" topic of the fasb asc, which prescribes a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements tax positions taken or expected to be taken on a tax return. At december 31, 2017, management believes no such provisions for uncertain tax positions are necessary.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1559 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1879 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1522 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2568 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LOW-INCOME HOUSING FOR ELDERLY PERSONS |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 412 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 412 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 19327 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19327 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | OMNI-GOVERNOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4014614442 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 810 EDDY STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PROVIDENCE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02905 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 31936 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 32812 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 154 |
| IRS990/CYOtherExpensesAmt | 0 | 567391 |
| IRS990/CYOtherRevenueAmt | 0 | 6299 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 590747 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -87253 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 117062 |
| IRS990/CYTotalExpensesAmt | 0 | 684453 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 597200 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1240 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1048 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 164697 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 164697 |
| IRS990/Desc | 0 | THE LARGEST AND ONLY PROGRAM OF THE PROJECT IS TO PROVIDE LOW-INCOME HOUSING TO ELIGIBLE ELDERLY PERSONS. THE PROGRAM EXPENSES RELATING TO THIS TOTALLED $527,055 AND THE MANAGEMENT AND GENERAL EXPENSES TOTALLED $157,398. THE INCOME DIRECTLY RELATED TO HOUSING ASSISTANCE PAYMENTS AND PAYMENTS FROM THE RESIDENTS TOTALLING $597,200. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 527055 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 7200 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7200 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 3095 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3095 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 66062 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 66062 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 3327 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 3327 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KATHY PLACENCIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL AARONSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEPHEN NAPOLITANO ESQUIRE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LAWRENCE E BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LAURENCE K FLYNN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SHARON MORRIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 99516 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | RETIRED DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CURRENT DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 597200 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 36765 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 36765 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 154 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 154 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2735793 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2959594 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2885320 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5621113 |
| IRS990/LegalDomicileStateCd | 0 | RI |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 4606700 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 4606700 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 0 |
| IRS990/MissionDesc | 0 | TO PROVIDE LOW-INCOME HOUSING FOR ELIGIBLE ELDERLY PEOPLE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -1209118 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1296371 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 10334 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 93010 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 103344 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 14344 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 14344 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 467713 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 454496 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 6157 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 23676 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29833 |
| IRS990/OtherExpensesGrp/Desc | 0 | CLEANING AND MAINTENANC |
| IRS990/OtherExpensesGrp/Desc | 1 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 3 | RESIDENT SERVICES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 63646 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 46932 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 19183 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 18875 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 63646 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 46932 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19183 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 18875 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 70663 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 70353 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | TENANT SERVICES AND UT |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 6299 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6299 |
| IRS990/OtherRevenueTotalAmt | 0 | 6299 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 44927 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 34071 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 78998 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1540 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 6691 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8231 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 10279 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8413 |
| IRS990/PrincipalOfficerNm | 0 | SHARON MORRIS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | VACANCIES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 597132 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | -6385 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 597132 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | -6385 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 129 |
| IRS990/PYOtherExpensesAmt | 0 | 571170 |
| IRS990/PYOtherRevenueAmt | 0 | 3446 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 591219 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -99424 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 123048 |
| IRS990/PYTotalExpensesAmt | 0 | 694218 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 594794 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -87253 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 597200 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -1209118 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -1296371 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 357568 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 361086 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 363471 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 347442 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 366164 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1795731 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 154 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 129 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 100 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 155 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 150 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 688 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1062243 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 6299 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3446 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3155 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2386 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4365 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 19651 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98880 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99060 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1795731 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 357568 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 361086 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 363471 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 347442 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 366164 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1795731 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1816070 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2825320 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2735793 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 5561113 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 684453 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 60000 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 60000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 17030 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 416864 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 11722 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 7880 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | REPLACEMENT RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | REAL ESTATE TAX ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 15564 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 23466 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 30821 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 502 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED REAL ESTATE TAXES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | ACCRUED MANAGEMENT FEES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 597200 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROJECT HAS ADOPTED THE "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" TOPIC OF THE FASB ASC, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. AT DECEMBER 31, 2017, MANAGEMENT BELIEVES NO SUCH PROVISIONS FOR UNCERTAIN TAX POSITIONS ARE NECESSARY. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2885320 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 454496 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 684453 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 70353 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 597200 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 597200 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 684453 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | OMNI DEVELOPMENT CORPORATION |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | RELATED ORGANIZATION |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 7500 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | OPERATING LEASE AGREEMENT WITH OMNI DEVELOPMENT CORPORATION TO OMNI GOVERNOR, INC. FOR THE USE OF TWO TRUCKS AND THE RELATED OPERATING COSTS. |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 4606700 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | CAPITAL ADVANCE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | TO PROVIDE LOW INCOME HOUSING TO ELIGIBLE ELDERLY PEOPLE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 4606700 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. HOLDER OF CAPITAL ADVANCE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 4606700 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROPERTY IS A HUD REGULATED PROPERTY AND THE ORGANIZATION HAS HISTORICALLY HIRED A HUD-APPROVED MANAGEMENT AGENT TO RUN THE DAY TO DAY OPERATIONS OF THE PROPERTY. THIS INCLUDES DEALING WITH TENANT ISSUES, TENANT CERTIFICATION AND RECERTIFICATIONS, POLICIES AND PROCEDURES AND ALL ACCOUNTING PROCEDURES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO MEETINGS WERE HELD DURING THE YEAR BY THE GOVERNING BODY THAT RESULTED IN WRITTEN ACTIONS THAT WERE UNDERTAKEN. WEEKLY MEETINGS WITH THE MANAGEMENT COMPANY AND OWNERS OCCURRED TO DISCUSS AND REVIEW FINANCIAL INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO MEETINGS WERE HELD DURING THE YEAR BY COMMITTEES THAT RESULTED IN WRITTEN ACTIONS THAT WERE UNDERTAKEN. WEEKLY MEETINGS WITH THE MANAGEMENT COMPANY AND OWNERS OCCURRED TO DISCUSS AND REVIEW FINANCIAL INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 IS SENT TO THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. THE EXECUTIVE DIRECTOR REVIEWS IT, MAKES ANY NECESSARY CHANGES AND THEN SIGNS OFF ON IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MANAGEMENT COMPANY HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES EMPLOYEE TO DISCLOSE RELATIONSHIPS WITH VENDORS AND TO OBTAIN APPROVAL BEFORE USING MANAGEMENT APPROVED VENDORS. THEY ARE REVIEWED PERIODICALLY DURING THE YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. THEY ARE PROVIDED BY THE MANAGEMENT COMPANY OF THE PROPERTY AND THE OWNERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. THEY ARE PROVIDED BY THE MANAGEMENT COMPANY OF THE PROPERTY AND THE OWNERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | NO CHANGES WERE MADE IN THE OVERSIGHT OF THE AUDIT OR PROCESS OF SELECTION FOR THE AUDITOR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 3471044 |
| IRS990/TotalAssetsEOYAmt | 0 | 3383609 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3471044 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3383609 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 8 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 157398 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 527055 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 684453 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4680162 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4679980 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4680162 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4679980 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -1209118 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1296371 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 527055 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 590747 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 597200 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 597200 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.