Civic Intelligence

Edgemont Elms Housing Inc.

990 • Fiscal year 2019 • EIN 05-0631880

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

330 East Main StreetDurham, NC 27701

(919) 683-1551

Siviq Scores

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

Liabilities / Assets

44th percentile

0.46x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

41st percentile

2.13x

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

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Net Margin

32nd percentile

-34%

Higher net margin than 32% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$221,643

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 51.2% of source-year revenue.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Asset Growth

7th percentile

-6.2%

Faster asset growth than 7% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-37%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,986,784

Down $131,708 (-6.2%) from 2018

Net Assets

Down

$1,063,793

Down $133,549 (-11%) from 2018

Liabilities

Up

$922,991

Up $1,841 (+0.2%) from 2018

Revenue

Down

$432,515

Down $258,210 (-37%) from 2018

Expenses

Down

$581,526

Down $127,929 (-18%) from 2018

Net Income

Down

-$149,011

Down $130,281 (-696%) from 2018

Historical Trend

Balance Sheet Trend

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 2010: $1,255,211Liabilities 2010: $1,156,232Net Assets 2010: $98,9792010Assets 2011: $1,372,383Liabilities 2011: $1,419,299Net Assets 2011: -$46,9162011Assets 2012: $3,059,792Liabilities 2012: $1,439,617Net Assets 2012: $1,620,1752012Assets 2013: $2,772,354Liabilities 2013: $1,247,401Net Assets 2013: $1,524,9532013Assets 2014: $2,456,103Liabilities 2014: $1,184,811Net Assets 2014: $1,271,2922014Assets 2015: $2,120,568Liabilities 2015: $1,121,414Net Assets 2015: $999,1542015Assets 2016: $1,806,901Liabilities 2016: $1,063,813Net Assets 2016: $743,0882016Assets 2017: $1,971,655Liabilities 2017: $1,121,829Net Assets 2017: $849,8262017Assets 2018: $2,118,492Liabilities 2018: $921,150Net Assets 2018: $1,197,3422018Assets 2019: $1,986,784Liabilities 2019: $922,991Net Assets 2019: $1,063,7932019Assets 2020: $1,785,259Liabilities 2020: $907,947Net Assets 2020: $877,3122020Assets 2021: $1,671,438Liabilities 2021: $840,114Net Assets 2021: $831,3242021Assets 2022: $1,562,985Liabilities 2022: $831,044Net Assets 2022: $731,9412022Assets 2023: $1,538,197Liabilities 2023: $903,425Net Assets 2023: $634,7722023Assets 2024: $1,341,599Liabilities 2024: $815,587Net Assets 2024: $526,0122024

Highlighted filing

2019

Assets$1,986,784
Liabilities$922,991
Net Assets$1,063,793

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $428,3512010Expenses 2011: $441,1602011Revenue 2012: $2,134,683Expenses 2012: $467,592Net Income 2012: $1,667,0912012Revenue 2013: $534,195Expenses 2013: $629,416Net Income 2013: -$95,2212013Revenue 2014: $346,336Expenses 2014: $599,997Net Income 2014: -$253,6612014Revenue 2015: $466,364Expenses 2015: $738,502Net Income 2015: -$272,1382015Revenue 2016: $506,394Expenses 2016: $762,460Net Income 2016: -$256,0662016Revenue 2017: $472,046Expenses 2017: $610,937Net Income 2017: -$138,8912017Revenue 2018: $690,725Expenses 2018: $709,455Net Income 2018: -$18,7302018Revenue 2019: $432,515Expenses 2019: $581,526Net Income 2019: -$149,0112019Revenue 2020: $435,223Expenses 2020: $621,704Net Income 2020: -$186,4812020Revenue 2021: $502,624Expenses 2021: $548,612Net Income 2021: -$45,9882021Revenue 2022: $504,942Expenses 2022: $604,325Net Income 2022: -$99,3832022Revenue 2023: $590,769Expenses 2023: $654,825Net Income 2023: -$64,0562023Revenue 2024: $672,309Expenses 2024: $766,811Net Income 2024: -$94,5022024

Highlighted filing

2019

Revenue$432,515
Expenses$581,526
Net Income-$149,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$432,515
Mission and Program Overview

Mission

Edgemont elms is a non-profit entity whose mission is to acquire, construct, develop and maintain affordable housing, and to revitalize communities and neighborhoods within durham, north carolina.

Development of low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,611,977$1,442,623▼ $169,354
Cash and Non-Interest-Bearing Accounts$439,620$409,839▼ $29,781
Accounts Receivable$12,747$98,756▲ $86,009
Prepaid Expenses and Deferred Charges$21,165$12,608▼ $8,557
Total Assets$2,118,492$1,986,784▼ $131,708
Other Assets Total$32,983$22,958▼ $10,025
Liabilities
Unsecured Notes Loans Payable$875,582$827,235▼ $48,347
Accounts Payable and Accrued Expenses$22,927$70,601▲ $47,674
Escrow Account Liability$14,150$13,140▼ $1,010
Deferred Revenue$8,491$12,015▲ $3,524
Total Liabilities$921,150$922,991▲ $1,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,197,342$1,063,793▼ $133,549
Total Net Assets Fund Balance$1,197,342$1,063,793▼ $133,549
Total Liabilities and Net Assets / Fund Balance$2,118,492$1,986,784▼ $131,708

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$41,120$3,027,730$3,068,850
Leasehold Improvements$1,300,003$934,377$2,234,380
Land$101,500-$101,500
Equipment$0$41,306$41,306
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Barbara NewmanCFOPT$121,805$121,805

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$429,947
Investment Income
$2,415
Other Revenue
$153
Change in Net Assets
$-149,011

Audited Revenue Reconciliation

Revenue per Audited Statements
$432,515
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$432,515
Total Revenue per Form 990
$432,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$515,255
Salaries, Compensation, and Employee Benefits$66,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$169,354--$169,354
Other Salaries and Wages$4,810$47,596-$52,406
Occupancy$45,667--$45,667
Office Expenses-$36,240-$36,240
Fees for Services Legal-$31,603-$31,603
Fees for Services Management-$28,469-$28,469
Interest$22,644--$22,644
Other Employee Benefits$724$13,141-$13,865
Insurance$11,856--$11,856
Other Expenses$7,163$13,364-$7,163
Fees for Services Accounting-$2,288-$2,288
Fees for Services Other-$1,953-$1,953
Advertising-$8-$8
Total Functional Expenses$406,864$174,662$0$581,526

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$581,526
Total Expenses per Audited Statements$581,526
Total Expenses per Form 990$581,526
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization has no committees.

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

The ceo reviews the return upon signing. A full copy of the form 990 is shared with the board prior to filing.

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

Officers and key employees are required to annually disclose interests that could give rise to conflict, but board members are not required. The policy was adopted in 2008. The staff has been trained on compliance.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Edgemont Elms Housing Inc
EIN
05-0631880
Phone
9196831551
Address
330 EAST MAIN STREET, DURHAM, NC 27701

Signing Officer

Name
Anthony Scott
Title
CEO
Phone
9196831551
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Scott
Formed
2007
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Novogradac & Company Llp
Address
1433 HOOPER AVENUE SUITE 329, TOMS RIVER, NJ 08753
Preparer
Richard M Larsen
Phone
7325034257
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of equity 15,462.

Form 990, Part IX, Lines 7-9

Edgemont elms does not employ any individuals; however, amounts have been reported on form 990 part ix, lines 7-9 related to wages and benefits. The amounts reported on these lines to part ix correspond to actual amounts reimbursed to its parent organization, durham housing authority, who employs the individuals working on behalf of edgemont elms. Edgemont elms was not charged for any salaries or benefits for those working in the capacity of an officer during 2019.

Financial Statement Notes

PART IV, LINE 2B:

The organization also holds tenant security deposits in escrow. These amounts belong to the individual tenants.

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IRS990/OtherRevenueTotalAmt0153
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047596
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04810
IRS990/OtherSalariesAndWagesGrp/TotalAmt052406
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021165
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012608
IRS990/PrincipalOfficerNm0ANTHONY SCOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER TENANT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0423215
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16732
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0423215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16732
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0335237
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt068
IRS990/PYOtherExpensesAmt0639869
IRS990/PYOtherRevenueAmt0486
IRS990/PYProgramServiceRevenueAmt0354934
IRS990/PYRevenuesLessExpensesAmt0-18730
IRS990/PYSalariesCompEmpBnftPaidAmt069586
IRS990/PYTotalExpensesAmt0709455
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0690725
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-149011
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0430100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0335237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0335237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02415
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt094
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt093
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0430100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0355420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0471952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0506302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0466266
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02230040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt094
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt093
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02768
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73570
IRS990ScheduleA/PublicSupportPY509Pct00.77190
IRS990ScheduleA/PublicSupportTotal509Amt01889312
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0201156
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt097237
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0137064
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0126636
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0113872
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0675965
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0201156
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt097237
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0137064
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0126636
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0113872
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0675965
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0430100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0690657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0471952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0506302
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0466266
IRS990ScheduleA/Total509Grp/TotalAmt02565277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0432515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0690725
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0472046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0506395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0466364
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02568045
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt041120
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03027730
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03068850
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041306
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041306
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0581526
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0101500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0101500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01300003
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0934377
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02234380
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0432515
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ALSO HOLDS TENANT SECURITY DEPOSITS IN ESCROW. THESE AMOUNTS BELONG TO THE INDIVIDUAL TENANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01442623
IRS990ScheduleD/TotalExpensesPerForm990Amt0581526
IRS990ScheduleD/TotalRevenuePerForm990Amt0432515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0432515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0581526
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0213648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt07995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY SCOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0221643
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. THERE ARE NO DIRECT EMPLOYEES OF THIS ORGANIZATION. SALARIES FOR THE OFFICERS OF THE DURHAM HOUSING AUTHORITY ARE DETERMINED BY THE BOARD OF THE DURHAM HOUSING AUTHORITY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO REVIEWS THE RETURN UPON SIGNING. A FULL COPY OF THE FORM 990 IS SHARED WITH THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, BUT BOARD MEMBERS ARE NOT REQUIRED. THE POLICY WAS ADOPTED IN 2008. THE STAFF HAS BEEN TRAINED ON COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER OF EQUITY 15,462.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EDGEMONT ELMS DOES NOT EMPLOY ANY INDIVIDUALS; HOWEVER, AMOUNTS HAVE BEEN REPORTED ON FORM 990 PART IX, LINES 7-9 RELATED TO WAGES AND BENEFITS. THE AMOUNTS REPORTED ON THESE LINES TO PART IX CORRESPOND TO ACTUAL AMOUNTS REIMBURSED TO ITS PARENT ORGANIZATION, DURHAM HOUSING AUTHORITY, WHO EMPLOYS THE INDIVIDUALS WORKING ON BEHALF OF EDGEMONT ELMS. EDGEMONT ELMS WAS NOT CHARGED FOR ANY SALARIES OR BENEFITS FOR THOSE WORKING IN THE CAPACITY OF AN OFFICER DURING 2019.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINES 7-9
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.82$0.53$0.67$0.77$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.90$0.63$0.59$0.65$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.83$0.73$0.50$0.60$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.67$0.84$0.83$0.50$0.55$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.91$0.88$0.44$0.62$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.99$0.92$1.06$0.43$0.58$0.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.92$1.20$0.69$0.71$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$1.12$0.85$0.47$0.61$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.06$0.74$0.51$0.76$0.26
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$1.12$1.00$0.47$0.74$0.27
2014Detailed filing. Detailed filing data is available for this year.$2.46$1.18$1.27$0.35$0.60$0.25
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.77$1.25$1.52$0.53$0.63$0.10
2012Summary only. Only limited summary data is available for this year.$3.06$1.44$1.62$2.13$0.47$1.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$1.42$0.05$0.44
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.16$0.10$0.43
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits