Civic Intelligence

Marien-Heim Tower

990 • Fiscal year 2015 • EIN 11-2355029

Apr 01, 2014 to Mar 31, 2015 • Filed on Nov 11, 2015

Organization ProfileN/A
870 Ocean ParkwayBrooklyn, NY 11230

(718) 630-8201

Siviq Scores

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

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

7th percentile

0.01x

Higher debt load relative to revenue than 7% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

99th percentile

95%

Higher net margin than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

99th percentile

751%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

99th percentile

1121%

Faster revenue growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$22,368,943

Up $19,739,430 (+751%) from 2014

Net Assets

Up

$22,204,018

Up $21,166,652 (+2040%) from 2014

Liabilities

Down

$164,925

Down $1,427,222 (-90%) from 2014

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin99th percentile

Revenue

Up

$22,395,110

Up $20,560,581 (+1121%) from 2014

Expenses

Down

$1,228,458

Down $260,899 (-18%) from 2014

Net Income

Up

$21,166,652

Up $20,821,480 (+6032%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$60M$40M$20M$0Assets 2012: $2,781,341Liabilities 2012: $2,371,717Net Assets 2012: $409,6242012Assets 2013: $2,744,648Liabilities 2013: $2,052,454Net Assets 2013: $692,1942013Assets 2014: $2,629,513Liabilities 2014: $1,592,147Net Assets 2014: $1,037,3662014Assets 2015: $22,368,943Liabilities 2015: $164,925Net Assets 2015: $22,204,0182015Assets 2016: $23,504,092Liabilities 2016: $53,679Net Assets 2016: $23,450,4132016Assets 2017: $25,015,882Liabilities 2017: $64,239Net Assets 2017: $24,951,6432017Assets 2018: $26,252,400Liabilities 2018: $65,371Net Assets 2018: $26,187,0292018Assets 2019: $28,259,582Liabilities 2019: $73,015Net Assets 2019: $28,186,5672019Assets 2020: $30,008,633Liabilities 2020: $72,372Net Assets 2020: $29,936,2612020Assets 2021: $31,752,147Liabilities 2021: $76,776Net Assets 2021: $31,675,3712021Assets 2022: $33,587,103Liabilities 2022: $89,024Net Assets 2022: $33,498,0792022Assets 2023: $35,676,829Liabilities 2023: $111,465Net Assets 2023: $35,565,3642023Assets 2024: $37,949,689Liabilities 2024: $112,907Net Assets 2024: $37,836,7822024Assets 2025: $40,328,526Liabilities 2025: $118,018Net Assets 2025: $40,210,5082025

Highlighted filing

2015

Assets$22,368,943
Liabilities$164,925
Net Assets$22,204,018
Open 2015 Filing

Operations Trend

Revenue Growth99th percentile

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

$30M$20M$10M$0Revenue 2012: $1,764,309Expenses 2012: $1,507,815Net Income 2012: $256,4942012Revenue 2013: $1,833,698Expenses 2013: $1,551,128Net Income 2013: $282,5702013Revenue 2014: $1,834,529Expenses 2014: $1,489,357Net Income 2014: $345,1722014Revenue 2015: $22,395,110Expenses 2015: $1,228,458Net Income 2015: $21,166,6522015Revenue 2016: $1,429,316Expenses 2016: $182,921Net Income 2016: $1,246,3952016Revenue 2017: $1,766,074Expenses 2017: $264,844Net Income 2017: $1,501,2302017Revenue 2018: $1,435,968Expenses 2018: $200,582Net Income 2018: $1,235,3862018Revenue 2019: $2,211,559Expenses 2019: $212,021Net Income 2019: $1,999,5382019Revenue 2020: $1,955,240Expenses 2020: $205,546Net Income 2020: $1,749,6942020Revenue 2021: $1,958,959Expenses 2021: $219,849Net Income 2021: $1,739,1102021Revenue 2022: $2,064,795Expenses 2022: $242,087Net Income 2022: $1,822,7082022Revenue 2023: $2,334,467Expenses 2023: $271,827Net Income 2023: $2,062,6402023Revenue 2024: $2,505,613Expenses 2024: $257,671Net Income 2024: $2,247,9422024Revenue 2025: $2,662,006Expenses 2025: $302,146Net Income 2025: $2,359,8602025

Highlighted filing

2015

Revenue$22,395,110
Expenses$1,228,458
Net Income$21,166,652
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$24,252,917
Mission and Program Overview

Mission

NONE

Marien-heim tower is a senior citizen housing project subsidized by the us department of housing and urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$16,249$21,953,952▲ $21,937,703
Land, Buildings, and Equipment, Net$2,030,412$0▼ $2,030,412
Cash and Non-Interest-Bearing Accounts$84,968$128,070▲ $43,102
Prepaid Expenses and Deferred Charges$38,932$6,380▼ $32,552
Receivable From Disqualified Prsn$0--
Total Assets$2,629,513$22,368,943▲ $19,739,430
Other Assets Total$458,952$280,541▼ $178,411
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,054,568$0▼ $1,054,568
Accounts Payable and Accrued Expenses$100,693$86,170▼ $14,523
Other Liabilities$429,298$78,755▼ $350,543
Deferred Revenue$7,588$0▼ $7,588
Total Liabilities$1,592,147$164,925▼ $1,427,222
Net Assets / Fund Balance
Unrestricted Net Assets$1,037,366$22,204,018▲ $21,166,652
Total Net Assets Fund Balance$1,037,366$22,204,018▲ $21,166,652
Total Liabilities and Net Assets / Fund Balance$2,629,513$22,368,943▲ $19,739,430

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$0$0
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Robert J WalshPresident
Bonnie Klima OlsenVice President
CECELIA DELL'AQUILABoard Member
Flora SchusterBoard Member
James FasolinoBoard Member
Jane BahnsenBoard Member
Nancy TutoloBoard Member
Pat RuizBoard Member
Beatrice DesapioSecretary
Loretta AndersenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,710
Program Service Revenue
$1,163,682
Investment Income
$21,063,645
Other Revenue
$101,073
Change in Net Assets
$21,166,652

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,395,110
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$90,000
Total Revenue per Audited Statements
$22,485,110
Total Revenue per Form 990
$22,395,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$859,328
Salaries, Compensation, and Employee Benefits$369,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$306,804--$306,804
Depreciation Depletion$275,604--$275,604
Current Officers, Directors, Trustees, and Key Employees$100,126$146,858-$246,984
Other Salaries and Wages$33,990$49,854-$83,844
Interest$58,489--$58,489
Insurance$48,929--$48,929
Fees for Services Accounting-$35,200-$35,200
Payroll Taxes$7,891$11,575-$19,466
Pension Plan Contributions$7,636$11,200-$18,836
Office Expenses-$6,446-$6,446
Other Expenses$72,639$4,232-$4,232
Fees for Services Other-$2,569-$2,569
All Other Expenses$1,334--$1,334
Total Functional Expenses$913,442$315,016$0$1,228,458

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,318,458
Expenses per Audited Statements$1,228,458
Total Expenses per Form 990$1,228,458
Expenses Not Reported on Form 990$90,000
Expenses Not Reported on Financial Statements$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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Payable$78,755
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 tax form 990 will be mailed to the officers and directors with comments solicited prior to filing with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“The organization's financial statements and governing documents are not made available to the public.”

Filing and Contact Details

Filer

Filer Name
Marien-heim Tower
EIN
11-2355029
Phone
7186308201
Address
870 OCEAN PARKWAY, BROOKLYN, NY 11230

Signing Officer

Name
Robert J Walsh
Title
President
Phone
7186308201
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Walsh
Formed
1972
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
7
Volunteers
0

Preparer

Firm
Uhy Advisors Ny Inc
Address
19 WEST 44TH STREET, NEW YORK, NY 10036
Preparer
Michael Burke
Phone
2123814700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors assumes responsibility for oversight of the independent audit of the organization's financial statements. The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The income tax position taken by the project for any years open under the various statutes of limitations are that the project continues to be exempt from income taxes and that the project does not have unrelated business income that would be subject to income taxes. The project believes that there are no tax positions taken or expected to be taken that would significantly increase or decrease unrecognized tax benefits within 12 months of the reporting date.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Reclass transfer tax expense to gain 90,000.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Reclass transfer tax expense to gain 90,000.”

Raw XML AppendixShowing 400 of 518 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/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24232
IRS990/OtherExpensesGrp/ProgramServicesAmt072639
IRS990/OtherExpensesGrp/TotalAmt072639
IRS990/OtherExpensesGrp/TotalAmt124432
IRS990/OtherExpensesGrp/TotalAmt222650
IRS990/OtherExpensesGrp/TotalAmt34232
IRS990/OtherLiabilitiesGrp/BOYAmt0429298
IRS990/OtherLiabilitiesGrp/EOYAmt078755
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEE ASSOC.
IRS990/OtherRevenueMiscGrp/Desc1SLF-LICENSING
IRS990/OtherRevenueMiscGrp/Desc2SLF-UTILITIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048294
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118250
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt215000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048294
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt215000
IRS990/OtherRevenueTotalAmt0101073
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049854
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt033990
IRS990/OtherSalariesAndWagesGrp/TotalAmt083844
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011575
IRS990/PayrollTaxesGrp/ProgramServicesAmt07891
IRS990/PayrollTaxesGrp/TotalAmt019466
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011200
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07636
IRS990/PensionPlanContributionsGrp/TotalAmt018836
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038932
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06380
IRS990/PrincipalOfficerNm0ROBERT J WALSH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0HUD ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0612544
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1551138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0612544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1551138
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt063897
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0221
IRS990/PYOtherExpensesAmt01018217
IRS990/PYOtherRevenueAmt034191
IRS990/PYProgramServiceRevenueAmt01736220
IRS990/PYRevenuesLessExpensesAmt0345172
IRS990/PYSalariesCompEmpBnftPaidAmt0471140
IRS990/PYTotalExpensesAmt01489357
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01834529
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt021166652
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01264755
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt066710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt060885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt061713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt059723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0312928
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0421452
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0221
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0844
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0959
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01090
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0424566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01263939
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01763951
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01760157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01690220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01662662
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08140929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0421452
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0221
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0844
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0959
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0424566
IRS990ScheduleA/InvestmentIncomeCYPct00.04760
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0816
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011812
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011417
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011331
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041836
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94770
IRS990ScheduleA/PublicSupportPY509Pct00.99350
IRS990ScheduleA/PublicSupportTotal509Amt08453857
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01330649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01827848
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01821042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01751933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01722385
IRS990ScheduleA/Total509Grp/TotalAmt08453857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01752917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01834529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01833698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01764309
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01734806
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08920259
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/ExpensesNotReportedAmt090000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01228458
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt090000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt078755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherRevenueAmt090000
IRS990ScheduleD/RevenueNotReportedAmt090000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt022395110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INCOME TAX POSITION TAKEN BY THE PROJECT FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE PROJECT CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THE PROJECT DOES NOT HAVE UNRELATED BUSINESS INCOME THAT WOULD BE SUBJECT TO INCOME TAXES. THE PROJECT BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE OR DECREASE UNRECOGNIZED TAX BENEFITS WITHIN 12 MONTHS OF THE REPORTING DATE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RECLASS TRANSFER TAX EXPENSE TO GAIN 90,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASS TRANSFER TAX EXPENSE TO GAIN 90,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01228458
IRS990ScheduleD/TotalLiabilityAmt078755
IRS990ScheduleD/TotalRevenuePerForm990Amt022395110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt022485110
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01318458
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX FORM 990 WILL BE MAILED TO THE OFFICERS AND DIRECTORS WITH COMMENTS SOLICITED PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE INDEPENDENT AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,368,943
Liabilities
$164,925
Net assets
$22,204,018
Revenue
$22,395,110
Expenses
$1,228,458
Net income
$21,166,652
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$40.3$0.12$40.2$2.66$0.30$2.36
2024Detailed filing. Detailed filing data is available for this year.$37.9$0.11$37.8$2.51$0.26$2.25
2023Detailed filing. Detailed filing data is available for this year.$35.7$0.11$35.6$2.33$0.27$2.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$0.09$33.5$2.06$0.24$1.82
2021Detailed filing. Detailed filing data is available for this year.$31.8$0.08$31.7$1.96$0.22$1.74
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$0.07$29.9$1.96$0.21$1.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$0.07$28.2$2.21$0.21$2.00
2018Detailed filing. Detailed filing data is available for this year.$26.3$0.07$26.2$1.44$0.20$1.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$0.06$25.0$1.77$0.26$1.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$0.05$23.5$1.43$0.18$1.25
2015Detailed filing. Detailed filing data is available for this year.$22.4$0.16$22.2$22.4$1.23$21.2
2014Summary only. Only limited summary data is available for this year.$2.63$1.59$1.04$1.83$1.49$0.35
2013Summary only. Only limited summary data is available for this year.$2.74$2.05$0.69$1.83$1.55$0.28
2012Summary only. Only limited summary data is available for this year.$2.78$2.37$0.41$1.76$1.51$0.26