Civic Intelligence

Sheldon Oak Central Inc.

990 • Fiscal year 2014 • EIN 06-1011060

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

Organization ProfileWWW.SHELDONOAK.ORG

View Organization Page

54 South Prospect StreetHartford, CT 06106

(860) 246-0666

Siviq Scores

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

Liabilities / Assets

77th percentile

0.57x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

2.17x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

18th percentile

-9.3%

Higher net margin than 18% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

64th percentile

$150,035

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

10th percentile

-9.1%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-15%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$9,268,604

Down $926,868 (-9.1%) from 2013

Net Assets

Down

$3,997,829

Down $226,113 (-5.4%) from 2013

Liabilities

Down

$5,270,775

Down $700,755 (-12%) from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin18th percentile

Revenue

Down

$2,432,135

Down $425,122 (-15%) from 2013

Expenses

Down

$2,658,248

Down $248,404 (-8.5%) from 2013

Net Income

Down

-$226,113

Down $176,718 (-358%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$15M$10M$5.0M$0Assets 2010: $7,248,296Liabilities 2010: $2,910,523Net Assets 2010: $4,337,7732010Assets 2011: $7,019,046Liabilities 2011: $2,990,739Net Assets 2011: $4,028,3072011Assets 2012: $10,150,781Liabilities 2012: $5,877,444Net Assets 2012: $4,273,3372012Assets 2013: $10,195,472Liabilities 2013: $5,971,530Net Assets 2013: $4,223,9422013Assets 2014: $9,268,604Liabilities 2014: $5,270,775Net Assets 2014: $3,997,8292014Assets 2015: $7,952,475Liabilities 2015: $3,121,231Net Assets 2015: $4,831,2442015Assets 2016: $11,318,975Liabilities 2016: $2,634,919Net Assets 2016: $8,684,0562016Assets 2017: $10,804,681Liabilities 2017: $2,274,689Net Assets 2017: $8,529,9922017Assets 2018: $14,604,709Liabilities 2018: $7,156,074Net Assets 2018: $7,448,6352018Assets 2019: $14,255,381Liabilities 2019: $7,411,099Net Assets 2019: $6,844,2822019Assets 2020: $13,851,622Liabilities 2020: $7,855,738Net Assets 2020: $5,995,8842020Assets 2021: $14,103,924Liabilities 2021: $8,518,036Net Assets 2021: $5,585,8882021Assets 2022: $13,453,585Liabilities 2022: $5,440,521Net Assets 2022: $8,013,0642022Assets 2023: $13,017,067Liabilities 2023: $6,271,383Net Assets 2023: $6,745,6842023Assets 2024: $12,019,540Liabilities 2024: $4,918,763Net Assets 2024: $7,100,7772024

Highlighted filing

2014

Assets$9,268,604
Liabilities$5,270,775
Net Assets$3,997,829
Open 2014 Filing

Operations Trend

Revenue Growth15th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,315,2442010Expenses 2011: $2,569,1082011Expenses 2012: $2,545,4342012Revenue 2013: $2,857,257Expenses 2013: $2,906,652Net Income 2013: -$49,3952013Revenue 2014: $2,432,135Expenses 2014: $2,658,248Net Income 2014: -$226,1132014Revenue 2015: $3,174,003Expenses 2015: $2,340,588Net Income 2015: $833,4152015Revenue 2016: $6,107,139Expenses 2016: $2,254,327Net Income 2016: $3,852,8122016Revenue 2017: $2,454,460Expenses 2017: $2,608,524Net Income 2017: -$154,0642017Revenue 2018: $2,765,331Expenses 2018: $3,846,688Net Income 2018: -$1,081,3572018Revenue 2019: $2,819,313Expenses 2019: $3,423,666Net Income 2019: -$604,3532019Revenue 2020: $2,863,231Expenses 2020: $3,561,629Net Income 2020: -$698,3982020Revenue 2021: $3,048,500Expenses 2021: $3,458,496Net Income 2021: -$409,9962021Revenue 2022: $2,735,512Expenses 2022: $3,422,721Net Income 2022: -$687,2092022Revenue 2023: $2,498,787Expenses 2023: $3,066,735Net Income 2023: -$567,9482023Revenue 2024: $3,239,193Expenses 2024: $2,955,548Net Income 2024: $283,6452024

Highlighted filing

2014

Revenue$2,432,135
Expenses$2,658,248
Net Income-$226,113
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$2,432,135
Mission and Program Overview

Mission

SEE PART I, LINE 1

To provide new/rehabilitated housing to meet needs of at-risk populations incl elderly, handicapped, minorities and low & moderate income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,856,338$5,782,387▲ $926,049
Other Notes and Loans Receivable, Net$754,000$1,204,000▲ $450,000
Accounts Receivable$549,621$634,047▲ $84,426
Savings and Temporary Cash Investments$419,334$472,266▲ $52,932
Intangible Assets$101,589$124,496▲ $22,907
Prepaid Expenses and Deferred Charges$25,727$28,141▲ $2,414
Total Assets$10,195,472$9,268,604▼ $926,868
Other Assets Total$3,488,863$1,023,267▼ $2,465,596
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,107,407$3,997,338▲ $889,931
Unsecured Notes Loans Payable$1,710,389$0▼ $1,710,389
Accounts Payable and Accrued Expenses$1,034,602$1,175,621▲ $141,019
Deferred Revenue$119,132$97,816▼ $21,316
Total Liabilities$5,971,530$5,270,775▼ $700,755
Net Assets / Fund Balance
Unrestricted Net Assets$4,223,942$3,997,829▼ $226,113
Total Net Assets Fund Balance$4,223,942$3,997,829▼ $226,113
Total Liabilities and Net Assets / Fund Balance$10,195,472$9,268,604▼ $926,868

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,352,739$5,856,171$11,208,910
Land$429,648-$429,648
Other Assets Org$253,486--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel O MeridaExecutive DirectorFT$111,466$38,569$150,035

Board Members and Trustees

NameTitle
Sister Dorothy StrelchunPresident
John Maziarz JrVice President
Bernadine SilversDirector
Cheryl ZeinerDirector
Ed CartyDirector
Luverne MottDirector
Rev Paul RitterDirector
Walter RicciDirector
Marta IribanSecretary
Ralph KnightonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$229,256
Program Service Revenue
$2,202,369
Investment Income
$510
Other Revenue
$0
All Other Contributions
$229,256
Change in Net Assets
$-226,113

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,432,135
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,432,135
Total Revenue per Form 990
$2,432,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,824,851
Salaries, Compensation, and Employee Benefits$833,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$832,219$10,013-$842,232
Other Salaries and Wages$302,814$193,482-$496,296
Depreciation Depletion$395,862$1,749-$397,611
Interest$137,955$17,411-$155,366
Current Officers, Directors, Trustees, and Key Employees-$150,035-$150,035
Fees for Services Management$148,812--$148,812
Insurance$108,251$3,748-$111,999
Other Employee Benefits$69,468$39,223-$108,691
Payroll Taxes$42,306$26,133-$68,439
Office Expenses$43,759$20,593-$64,352
Fees for Services Accounting-$62,100-$62,100
Fees for Services Other$17,753$1,318-$19,071
Pension Plan Contributions-$9,936-$9,936
Information Technology-$9,023-$9,023
Conferences and Meetings-$8,072-$8,072
Fees for Services Legal-$4,833-$4,833
Travel-$1,305-$1,305
Advertising-$75-$75
Total Functional Expenses$2,099,199$559,049$0$2,658,248

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,658,248
Total Expenses per Audited Statements$2,658,248
Total Expenses per Form 990$2,658,248
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 B, Line 11

“A copy of the form 990 is shared with the organization's governing body.”

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

“Most of our vendors are contracted through our management companies and while our board oversees the management of our relationship with the management companies they are not in any way involved in the bidding process or vendor selection. Additionally, board members are required to disclose any potential conflict of interest or relationship with vendors that sheldon oak central contracts with directly and staff selects vendors based on specific objective procurement criteria. Because our board, staff and list of vendors are very limited in number, requiring disclosure of relationships and annual reviews of vendor contracts is sufficient to prevent conflict of interest.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Sheldon Oak Central Inc
EIN
06-1011060
Phone
8602460666
Address
54 SOUTH PROSPECT STREET, HARTFORD, CT 06106

Signing Officer

Name
Daniel Merida
Title
President
Phone
8602460666
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Merida
Formed
1969
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
0

Preparer

Firm
Whittlesey & Hadley Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Ed Jason
Phone
8605223111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Soc implemented the accounting guidance for uncertainty in income taxes. Tax positions initially need to be recognized in the financial statements when it is more-likely-than-not that the position will be sustained upon examination by the tax authorities. As of december 31, 2014, soc has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements and believes that it has appropriate support for income tax positions taken in its tax returns. Currently, the organization's federal informational returns for fiscal year 2011-2013 remain open to inspection by the irs, with the 2014 return to be filed in 2015.”

Raw XML AppendixShowing 400 of 520 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020593
IRS990/OfficeExpensesGrp/ProgramServicesAmt043759
IRS990/OfficeExpensesGrp/TotalAmt064352
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03488863
IRS990/OtherAssetsTotalGrp/EOYAmt01023267
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039223
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt069468
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0108691
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0193482
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0302814
IRS990/OtherSalariesAndWagesGrp/TotalAmt0496296
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0754000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01204000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026133
IRS990/PayrollTaxesGrp/ProgramServicesAmt042306
IRS990/PayrollTaxesGrp/TotalAmt068439
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09936
IRS990/PensionPlanContributionsGrp/TotalAmt09936
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025727
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028141
IRS990/PrincipalOfficerNm0DANIEL MERIDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01714241
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1488128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01714241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1488128
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0395296
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0417
IRS990/PYOtherExpensesAmt02062930
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02461544
IRS990/PYRevenuesLessExpensesAmt0-49395
IRS990/PYSalariesCompEmpBnftPaidAmt0843722
IRS990/PYTotalExpensesAmt02906652
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02857257
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-226113
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02202369
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0419334
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0472266
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0229256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0395296
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0727182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0487838
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0346762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02186334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0510
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02754
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01920
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05037
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010638
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0510
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02754
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01920
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010638
IRS990ScheduleA/InvestmentIncomeCYPct00.00480
IRS990ScheduleA/InvestmentIncomePYPct00.00720
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99520
IRS990ScheduleA/PublicSupportPY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt02186334
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0229256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0395296
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0727182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0487838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0346762
IRS990ScheduleA/Total509Grp/TotalAmt02186334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0229766
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0395713
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0729936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0489758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0351799
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02196972
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt05352739
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05856171
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011208910
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02658248
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0429648
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0429648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0769781
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1253486
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCES TO RELATED PARTIES, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02432135
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SOC IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF DECEMBER 31, 2014, SOC HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS. CURRENTLY, THE ORGANIZATION'S FEDERAL INFORMATIONAL RETURNS FOR FISCAL YEAR 2011-2013 REMAIN OPEN TO INSPECTION BY THE IRS, WITH THE 2014 RETURN TO BE FILED IN 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05782387
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01023267
IRS990ScheduleD/TotalExpensesPerForm990Amt02658248
IRS990ScheduleD/TotalRevenuePerForm990Amt02432135
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02432135
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02658248
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0111466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt038569
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL O MERIDA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150035
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS SHARED WITH THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MOST OF OUR VENDORS ARE CONTRACTED THROUGH OUR MANAGEMENT COMPANIES AND WHILE OUR BOARD OVERSEES THE MANAGEMENT OF OUR RELATIONSHIP WITH THE MANAGEMENT COMPANIES THEY ARE NOT IN ANY WAY INVOLVED IN THE BIDDING PROCESS OR VENDOR SELECTION. ADDITIONALLY, BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST OR RELATIONSHIP WITH VENDORS THAT SHELDON OAK CENTRAL CONTRACTS WITH DIRECTLY AND STAFF SELECTS VENDORS BASED ON SPECIFIC OBJECTIVE PROCUREMENT CRITERIA. BECAUSE OUR BOARD, STAFF AND LIST OF VENDORS ARE VERY LIMITED IN NUMBER, REQUIRING DISCLOSURE OF RELATIONSHIPS AND ANNUAL REVIEWS OF VENDOR CONTRACTS IS SUFFICIENT TO PREVENT CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,268,604
Liabilities
$5,270,775
Net assets
$3,997,829
Revenue
$2,432,135
Expenses
$2,658,248
Net income
-$226,113
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.0$4.92$7.10$3.24$2.96$0.28
2023Detailed filing. Detailed filing data is available for this year.$13.0$6.27$6.75$2.50$3.07$0.57
2022Detailed filing. Detailed filing data is available for this year.$13.5$5.44$8.01$2.74$3.42$0.69
2021Detailed filing. Detailed filing data is available for this year.$14.1$8.52$5.59$3.05$3.46$0.41
2020Detailed filing. Detailed filing data is available for this year.$13.9$7.86$6.00$2.86$3.56$0.70
2019Detailed filing. Detailed filing data is available for this year.$14.3$7.41$6.84$2.82$3.42$0.60
2018Detailed filing. Detailed filing data is available for this year.$14.6$7.16$7.45$2.77$3.85$1.08
2017Detailed filing. Detailed filing data is available for this year.$10.8$2.27$8.53$2.45$2.61$0.15
2016Summary only. Only limited summary data is available for this year.$11.3$2.63$8.68$6.11$2.25$3.85
2015Detailed filing. Detailed filing data is available for this year.$7.95$3.12$4.83$3.17$2.34$0.83
2014Detailed filing. Detailed filing data is available for this year.$9.27$5.27$4.00$2.43$2.66$0.23
2013Detailed filing. Detailed filing data is available for this year.$10.2$5.97$4.22$2.86$2.91$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$5.88$4.27$2.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$2.99$4.03$2.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$2.91$4.34$2.32