Liabilities / Assets
31st percentile
Higher debt load relative to assets than 31% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
31st percentile
Higher debt load relative to assets than 31% of similar nonprofits.
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Down$4,219,348
Down $49,768 (-1.2%) from 2012
Net Assets
Down$4,108,658
Down $77,921 (-1.9%) from 2012
Liabilities
Up$110,690
Up $28,153 (+34%) from 2012
Revenue
$597,870
No earlier filing loaded for comparison.
Expenses
Up$675,791
Up $23,751 (+3.6%) from 2012
Net Income
-$77,921
No earlier filing loaded for comparison.
To construct, own and operate 52 units of affordable housing for persons of low income in providence, ri.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 97795 |
| IRS990/AccountsReceivable/BOY | 0 | 1011 |
| IRS990/AccountsReceivable/EOY | 0 | 15 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | PROVIDE HOUSING FOR PERSONS OF LOW INCOME STATUS |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 2 REGENCY PLAZA NO 18 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | PROVIDENCE |
| IRS990/AddressPrincipalOfficerUS/State | 0 | RI |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 02903 |
| IRS990/Advertising/ProgramServices | 0 | 775 |
| IRS990/Advertising/Total | 0 | 775 |
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| IRS990/AllOtherExpenses/Total | 0 | 24753 |
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| IRS990/CashNonInterestBearing/EOY | 0 | 92630 |
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| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine1 | 0 | 95 BERKELEY STREET |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 0 | BOSTON |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State | 0 | MA |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode | 0 | 02116 |
| IRS990/ContractorCompensation/Compensation | 0 | 176229 |
| IRS990/ContractorCompensation/DescriptionOfServices | 0 | MANAGEMENT FEES AND SALARY REIMBURSEMENT |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 0 | THE COMMUNITY BUILDERS INC |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 0.20 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 0.20 |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | BEVERLY J BATES |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | JAN BRODIE |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | MORGAN WILSON |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | PHILLIP L CLAY |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | SUSAN MCCANN |
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| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
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| IRS990/MissionDescription | 0 | TO CONSTRUCT, OWN AND OPERATE 52 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN PROVIDENCE, RI. |
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| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | PHILLIP L CLAY |
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| IRS990/NonDeductibleContributions | 0 | 0 |
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| IRS990/OtherExpenses/Total | 3 | 13740 |
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| IRS990/ProgramServiceRevenue/Description | 1 | LAUNDRY INCOME |
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| IRS990/ReconcilationRevenueExpenses | 0 | -77921 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 3499 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00120 |
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| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.99140 |
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| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
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| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | THE OWNING CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, NOT-FOR-PROFIT PURPOSES. IN 1999, THE INTERNAL REVENUE SERVICE ISSUED ITS DETERMINATION LETTER REFLECTING THAT OLMSTED GARDENS, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THEREFORE, NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/OtherAssets/BookValue | 3 | 81872 |
| IRS990ScheduleD/OtherAssets/BookValue | 4 | 7598 |
| IRS990ScheduleD/OtherAssets/BookValue | 5 | 6766 |
| IRS990ScheduleD/OtherAssets/Description | 0 | SECURITY DEPOSITS |
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| IRS990ScheduleD/OtherAssets/Description | 3 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssets/Description | 4 | UTILITY DEPOSITS |
| IRS990ScheduleD/OtherAssets/Description | 5 | OTHER RECEIVABLES |
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| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 1 | MORGAN WILSON |
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| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 2 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 0 | 6496 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 1 | 17028 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 2 | 19933 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 2 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 2 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 0 | DIRECTOR |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 1 | DIRECTOR |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 2 | VICE PRESIDENT |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 2 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 261131 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 1 | 180798 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 2 | 165156 |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 0 | 176229 |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 0 | THE ORGANIZATION REMIBURSES THE COMMUNITY BUILDERS, INC. FOR MANAGEMENT SERVICES, CONTRACTED EMPLOYEES WAGES, PAYROLL TAXES, AND FRINGE BENEFITS. |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | THE COMMUNITY BUILDERS INC |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 0 | COMMON OFFICERS, BOARD MEMBERS, AND KEY EMPLOYEES |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE CORPORATION CONTRACTS WITH THE COMMUNITY BUILDERS, INC. (TCB) TO MANAGE THE PROPERTY. THE MANAGEMENT FEE WAS 8.71% OF THE GROSS COLLECTIONS COMPUTED MONTHLY FOR THE PERIOD JULY 1, 2010 THROUGH FEBRUARY 28, 2011 AT WHICH TIME THE MANAGEMENT AGREEMENT WAS AMENDED AND THE FEE WAS REDUCED TO 6.85% OF THE GROSS COLLECTIONS COMPUTED MONTHLY. THE MANAGEMENT AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR THE MANAGEMENT AGENT. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | OFFICER OF MANAGEMENT COMPANY REVIEWS 990 PRIOR TO FILING |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE CORPORATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | CONTRACTS: PROGRAM SERVICE EXPENSES 90,306. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,306. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | OTHER FEES |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART XII, LINE 2C |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | 0 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 95 BERKELEY STREET |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | BOSTON |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | MA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 02116 |
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Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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