Civic Intelligence

Olmsted Gardens Inc.

990 • Fiscal year 2022 • EIN 05-0508869

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 26, 2022

Organization ProfileN/A
185 Dartmouth StreetBoston, MA 02116

(857) 221-8600

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

97th percentile

$463,104

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 68.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

34th percentile

-3.4%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

41st percentile

0.5%

Faster revenue growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$3,270,577

Down $116,199 (-3.4%) from 2021

Net Assets

Down

$3,171,076

Down $135,228 (-4.1%) from 2021

Liabilities

Up

$99,501

Up $19,029 (+24%) from 2021

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin14th percentile

Revenue

Up

$676,685

Up $3,665 (+0.5%) from 2021

Expenses

Up

$811,913

Up $61,267 (+8.2%) from 2021

Net Income

Down

-$135,228

Down $57,602 (-74%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,309,780Liabilities 2011: $67,912Net Assets 2011: $4,241,8682011Assets 2012: $4,269,116Liabilities 2012: $82,537Net Assets 2012: $4,186,5792012Assets 2013: $4,219,348Liabilities 2013: $110,690Net Assets 2013: $4,108,6582013Assets 2014: $4,106,910Liabilities 2014: $93,071Net Assets 2014: $4,013,8392014Assets 2015: $4,081,545Liabilities 2015: $122,817Net Assets 2015: $3,958,7282015Assets 2016: $3,948,942Liabilities 2016: $164,933Net Assets 2016: $3,784,0092016Assets 2017: $3,834,211Liabilities 2017: $122,247Net Assets 2017: $3,711,9642017Assets 2018: $3,698,589Liabilities 2018: $104,077Net Assets 2018: $3,594,5122018Assets 2019: $3,541,904Liabilities 2019: $71,995Net Assets 2019: $3,469,9092019Assets 2020: $3,462,062Liabilities 2020: $78,132Net Assets 2020: $3,383,9302020Assets 2021: $3,386,776Liabilities 2021: $80,472Net Assets 2021: $3,306,3042021Assets 2022: $3,270,577Liabilities 2022: $99,501Net Assets 2022: $3,171,0762022Assets 2023: $3,163,151Liabilities 2023: $129,818Net Assets 2023: $3,033,3332023Assets 2024: $3,080,793Liabilities 2024: $108,179Net Assets 2024: $2,972,6142024Assets 2025: $3,228,728Liabilities 2025: $113,793Net Assets 2025: $3,114,9352025

Highlighted filing

2022

Assets$3,270,577
Liabilities$99,501
Net Assets$3,171,076
Open 2022 Filing

Operations Trend

Revenue Growth41st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $628,6582011Expenses 2012: $652,0402012Revenue 2013: $597,870Expenses 2013: $675,791Net Income 2013: -$77,9212013Revenue 2014: $602,695Expenses 2014: $697,514Net Income 2014: -$94,8192014Revenue 2015: $647,216Expenses 2015: $702,327Net Income 2015: -$55,1112015Revenue 2016: $663,523Expenses 2016: $838,242Net Income 2016: -$174,7192016Revenue 2017: $659,285Expenses 2017: $731,330Net Income 2017: -$72,0452017Revenue 2018: $672,292Expenses 2018: $789,744Net Income 2018: -$117,4522018Revenue 2019: $671,295Expenses 2019: $795,900Net Income 2019: -$124,6052019Revenue 2020: $675,290Expenses 2020: $761,268Net Income 2020: -$85,9782020Revenue 2021: $673,020Expenses 2021: $750,646Net Income 2021: -$77,6262021Revenue 2022: $676,685Expenses 2022: $811,913Net Income 2022: -$135,2282022Revenue 2023: $700,826Expenses 2023: $838,569Net Income 2023: -$137,7432023Revenue 2024: $783,531Expenses 2024: $844,250Net Income 2024: -$60,7192024Revenue 2025: $1,150,556Expenses 2025: $1,008,235Net Income 2025: $142,3212025

Highlighted filing

2022

Revenue$676,685
Expenses$811,913
Net Income-$135,228
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 26, 2022
Return Version
2021v4.2
Gross Receipts
$676,685
Mission and Program Overview

Mission

To construct, own and operate 52 units of affordable housing for persons of low income in providence, ri.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,876,651$2,768,077▼ $108,574
Cash and Non-Interest-Bearing Accounts$30,670$37,258▲ $6,588
Prepaid Expenses and Deferred Charges$21,233$23,429▲ $2,196
Accounts Receivable$758$0▼ $758
Total Assets$3,386,776$3,270,577▼ $116,199
Other Assets Total$457,464$441,813▼ $15,651
Liabilities
Accounts Payable and Accrued Expenses$65,858$82,772▲ $16,914
Other Liabilities$13,030$13,571▲ $541
Deferred Revenue$1,584$3,158▲ $1,574
Total Liabilities$80,472$99,501▲ $19,029
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,306,304$3,171,076▼ $135,228
Total Net Assets Fund Balance$3,306,304$3,171,076▼ $135,228
Total Liabilities and Net Assets / Fund Balance$3,386,776$3,270,577▼ $116,199

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,516,277$2,542,330$5,058,607
Land$251,800-$251,800
Other Assets Org$4,182--
Compensation and Service Providers
Top Officer Pay97th percentile

Board Members and Trustees

NameTitle
Phillip L ClayDirector, President
Susan MccannDirector, Vice President
Patricia BeldenVice President
D Morgan WilsonDirector
Jan BrodieDirector
Willie JonesDirector
Bartholomew J MitchellEmployee
Lisa Wilcox-erhardtEmployee
Thomas J BuonopaneEmployee
James F RushfordSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$676,587
Investment Income
$98
Other Revenue
$0
Change in Net Assets
$-135,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$676,685
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$676,685
Total Revenue per Form 990
$676,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$632,367
Salaries, Compensation, and Employee Benefits$179,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$136,230--$136,230
Other Salaries and Wages$129,185--$129,185
Fees for Services Management-$45,582-$45,582
Other Employee Benefits$41,302--$41,302
Office Expenses$35,785--$35,785
Insurance-$31,089-$31,089
Payroll Taxes$9,059--$9,059
Fees for Services Accounting-$8,240-$8,240
Fees for Services Legal-$4,869-$4,869
Other Expenses$2,062--$2,062
Total Functional Expenses$722,133$89,780$0$811,913

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$811,913
Total Expenses per Audited Statements$811,913
Total Expenses per Form 990$811,913
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common Officers, Board Members, and Key EmployeesThe Organization Remiburses the Community Builders, Inc. for Management Services, Contracted Employees Wages, Payroll Taxes and Fringe Benefits.No$225,128
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$13,571
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 contracts with tcb to manage the property. The management fee was 6.75% of the gross collections computed monthly. The management agreement is in effect until canceled by hud, the corporation or the management agent.”

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

“The asset management department of an affiliate of the management company reviews the 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“The corporation contracts with tcb to manage the property. The management fee was 6.85% of the gross collections computed monthly. The management agreement is in effect until canceled by hud, the corporation of the management agent.”

Filing and Contact Details

Filer

Filer Name
Olmsted Gardens Inc
EIN
05-0508869
Phone
8572218600
Address
185 DARTMOUTH STREET, BOSTON, MA 02116

Signing Officer

Name
Beverly Bates
Title
Director
Phone
8572218600
Signed
2022-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
D Morgan Wilson
Formed
1999
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
555 NORTH POINT CENTER EAST SUITE, 600, ALPHARETTA, GA 30022
Preparer
Charles a Rhuda Iii CPA
Phone
6788672333
Raw XML AppendixShowing 400 of 569 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/BOYAmt065858
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt082772
IRS990/AccountsReceivableGrp/BOYAmt0758
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CONSTRUCT, OWN AND OPERATE 52 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN PROVIDENCE, RI.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE COMMUNITY BUILDERS INC
IRS990/BooksInCareOfDetail/PhoneNum08572218600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0185 DARTMOUTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002116
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt030670
IRS990/CashNonInterestBearingGrp/EOYAmt037258
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt098
IRS990/CYOtherExpensesAmt0632367
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0676587
IRS990/CYRevenuesLessExpensesAmt0-135228
IRS990/CYSalariesCompEmpBnftPaidAmt0179546
IRS990/CYTotalExpensesAmt0811913
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0676685
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01584
IRS990/DeferredRevenueGrp/EOYAmt03158
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0136230
IRS990/DepreciationDepletionGrp/TotalAmt0136230
IRS990/Desc0TO CONSTRUCT, OWN AND OPERATE 52 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN PROVIDENCE, RI.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0722133
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08240
IRS990/FeesForServicesAccountingGrp/TotalAmt08240
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04869
IRS990/FeesForServicesLegalGrp/TotalAmt04869
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt045582
IRS990/FeesForServicesManagementGrp/TotalAmt045582
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt062317
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt672104
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt763906
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt851022
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt971384
IRS990/Form990PartVIISectionAGrp/PersonNm0D MORGAN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN MCCANN
IRS990/Form990PartVIISectionAGrp/PersonNm2PHILLIP L CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm3JAN BRODIE
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES F RUSHFORD
IRS990/Form990PartVIISectionAGrp/PersonNm6BARTHOLOMEW J MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS J BUONOPANE
IRS990/Form990PartVIISectionAGrp/PersonNm8LISA WILCOX-ERHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICIA BELDEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0272750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6391000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7267600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8310239
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9368128
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR, VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0676685
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt031089
IRS990/InsuranceGrp/TotalAmt031089
IRS990/InvestmentIncomeGrp/ExclusionAmt098
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt098
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02542330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02876651
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02768077
IRS990/LandBldgEquipCostOrOtherBssAmt05310407
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONSTRUCT, OWN AND OPERATE 52 UNITS OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN PROVIDENCE, RI.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03306304
IRS990/NetAssetsOrFundBalancesEOYAmt03171076
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03306304
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03171076
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt035785
IRS990/OfficeExpensesGrp/TotalAmt035785
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0457464
IRS990/OtherAssetsTotalGrp/EOYAmt0441813
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041302
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041302
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3RESIDENT SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt0142228
IRS990/OtherExpensesGrp/ProgramServicesAmt1113164
IRS990/OtherExpensesGrp/ProgramServicesAmt2113118
IRS990/OtherExpensesGrp/ProgramServicesAmt32062
IRS990/OtherExpensesGrp/TotalAmt0142228
IRS990/OtherExpensesGrp/TotalAmt1113164
IRS990/OtherExpensesGrp/TotalAmt2113118
IRS990/OtherExpensesGrp/TotalAmt32062
IRS990/OtherLiabilitiesGrp/BOYAmt013030
IRS990/OtherLiabilitiesGrp/EOYAmt013571
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129185
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129185
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09059
IRS990/PayrollTaxesGrp/TotalAmt09059
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021233
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023429
IRS990/PrincipalOfficerNm0D MORGAN WILSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0SECTION 8 SUBSIDY
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/Desc3CARES ACT SUPPLEMENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0424915
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1244324
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24249
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0424915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1244324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24249
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33099
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0204
IRS990/PYOtherExpensesAmt0579934
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0672816
IRS990/PYRevenuesLessExpensesAmt0-77626
IRS990/PYSalariesCompEmpBnftPaidAmt0170712
IRS990/PYTotalExpensesAmt0750646
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0673020
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-135228
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0676587
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0204
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0735
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0262
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0676787
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0672816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0675062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0670560
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0672030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03367255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0204
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0735
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0262
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01527
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt03367255
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0676787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0672816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0675062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0670560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0672030
IRS990ScheduleA/Total509Grp/TotalAmt03367255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0676885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0673020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0675290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0671295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0672292
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03368782
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02516277
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02542330
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05058607
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0811913
IRS990ScheduleD/LandGrp/BookValueAmt0251800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0251800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt127265
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21602
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3382206
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt412760
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt54182
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PROPERTY INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DEPOSITS ON UTILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0676685
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02768077
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0441813
IRS990ScheduleD/TotalExpensesPerForm990Amt0811913
IRS990ScheduleD/TotalLiabilityAmt013571
IRS990ScheduleD/TotalRevenuePerForm990Amt0676685
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0676685
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0811913
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0391000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1368128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2310239
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3272750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4267600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt015640
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt112692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt212407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt310904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt410704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,270,577
Liabilities
$99,501
Net assets
$3,171,076
Revenue
$676,685
Expenses
$811,913
Net income
-$135,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.23$0.11$3.11$1.15$1.01$0.14
2024Detailed filing. Detailed filing data is available for this year.$3.08$0.11$2.97$0.78$0.84$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.13$3.03$0.70$0.84$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.27$0.10$3.17$0.68$0.81$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.39$0.08$3.31$0.67$0.75$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.08$3.38$0.68$0.76$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.54$0.07$3.47$0.67$0.80$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.70$0.10$3.59$0.67$0.79$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$0.12$3.71$0.66$0.73$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.16$3.78$0.66$0.84$0.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.12$3.96$0.65$0.70$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.11$0.09$4.01$0.60$0.70$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.11$4.11$0.60$0.68$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.08$4.19$0.65
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.31$0.07$4.24$0.63