Civic Intelligence

Saint Johns Senior Citizen Housing Development Fund Company Inc.

990 • Fiscal year 2016 • EIN 11-2698458

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 19, 2017

Organization ProfileN/A
90 Cherry LaneHicksville, NY 11801-6232

(516) 733-7032

Siviq Scores

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

Liabilities / Assets

94th percentile

1.21x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

3.38x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

64th percentile

7.2%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

38th percentile

-1.3%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.6%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$3,718,154

Down $50,505 (-1.3%) from 2015

Net Assets

Up

-$786,309

Up $96,172 (+11%) from 2015

Liabilities

Down

$4,504,463

Down $146,677 (-3.2%) from 2015

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin64th percentile

Revenue

Up

$1,331,834

Up $21,315 (+1.6%) from 2015

Expenses

Down

$1,235,662

Down $86,427 (-6.5%) from 2015

Net Income

Up

$96,172

Up $107,742 (+931%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,537,716Liabilities 2010: $5,189,412Net Assets 2010: -$651,6962010Assets 2011: $4,443,521Liabilities 2011: $5,131,211Net Assets 2011: -$687,6902011Assets 2012: $4,344,567Liabilities 2012: $5,016,635Net Assets 2012: -$672,0682012Assets 2013: $4,087,671Liabilities 2013: $4,900,439Net Assets 2013: -$812,7682013Assets 2014: $3,934,215Liabilities 2014: $4,805,126Net Assets 2014: -$870,9112014Assets 2015: $3,768,659Liabilities 2015: $4,651,140Net Assets 2015: -$882,4812015Assets 2016: $3,718,154Liabilities 2016: $4,504,463Net Assets 2016: -$786,3092016Assets 2017: $3,595,848Liabilities 2017: $4,246,978Net Assets 2017: -$651,1302017Assets 2018: $3,927,559Liabilities 2018: $4,051,660Net Assets 2018: -$124,1012018Assets 2019: $4,083,996Liabilities 2019: $3,811,774Net Assets 2019: $272,2222019Assets 2020: $4,244,387Liabilities 2020: $3,555,933Net Assets 2020: $688,4542020Assets 2021: $4,416,415Liabilities 2021: $3,271,077Net Assets 2021: $1,145,3382021Assets 2022: $4,651,221Liabilities 2022: $2,928,473Net Assets 2022: $1,722,7482022Assets 2023: $5,331,731Liabilities 2023: $2,651,548Net Assets 2023: $2,680,1832023Assets 2024: $5,880,212Liabilities 2024: $2,215,347Net Assets 2024: $3,664,8652024

Highlighted filing

2016

Assets$3,718,154
Liabilities$4,504,463
Net Assets-$786,309
Open 2016 Filing

Operations Trend

Revenue Growth47th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,240,7812010Expenses 2011: $1,285,4442011Expenses 2012: $1,257,7832012Revenue 2013: $1,290,533Expenses 2013: $1,431,233Net Income 2013: -$140,7002013Revenue 2014: $1,282,792Expenses 2014: $1,340,935Net Income 2014: -$58,1432014Revenue 2015: $1,310,519Expenses 2015: $1,322,089Net Income 2015: -$11,5702015Revenue 2016: $1,331,834Expenses 2016: $1,235,662Net Income 2016: $96,1722016Revenue 2017: $1,361,833Expenses 2017: $1,226,654Net Income 2017: $135,1792017Revenue 2018: $1,766,926Expenses 2018: $1,239,897Net Income 2018: $527,0292018Revenue 2019: $1,706,999Expenses 2019: $1,311,871Net Income 2019: $395,1282019Revenue 2020: $1,706,893Expenses 2020: $1,290,661Net Income 2020: $416,2322020Revenue 2021: $1,740,821Expenses 2021: $1,283,937Net Income 2021: $456,8842021Revenue 2022: $1,885,794Expenses 2022: $1,308,384Net Income 2022: $577,4102022Revenue 2023: $2,284,094Expenses 2023: $1,326,659Net Income 2023: $957,4352023Revenue 2024: $2,449,574Expenses 2024: $1,464,892Net Income 2024: $984,6822024

Highlighted filing

2016

Revenue$1,331,834
Expenses$1,235,662
Net Income$96,172
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 19, 2017
Return Version
2015v3.0
Gross Receipts
$1,331,834
Mission and Program Overview

Mission

To provide affordable housing for eligible low income families and individuals.

The organization owns & operates a section 202 hud multifamily project for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,306,929$2,146,504▼ $160,425
Cash and Non-Interest-Bearing Accounts$29,763$76,490▲ $46,727
Savings and Temporary Cash Investments$30,793$12,871▼ $17,922
Accounts Receivable$9,580$9,126▼ $454
Prepaid Expenses and Deferred Charges$8,060$6,928▼ $1,132
Total Assets$3,768,659$3,718,154▼ $50,505
Other Assets Total$1,383,534$1,466,235▲ $82,701
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,782,908$3,574,909▼ $207,999
Accounts Payable and Accrued Expenses$840,955$897,496▲ $56,541
Other Liabilities$26,208$27,295▲ $1,087
Deferred Revenue$1,069$4,763▲ $3,694
Total Liabilities$4,651,140$4,504,463▼ $146,677
Net Assets / Fund Balance
Unrestricted Net Assets$-882,481$-786,309▲ $96,172
Total Net Assets Fund Balance$-882,481$-786,309▲ $96,172
Total Liabilities and Net Assets / Fund Balance$3,768,659$3,718,154▼ $50,505

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,761,567$4,676,203$6,437,770
Land$310,000-$310,000
Other Land Buildings$71,674$167,939$239,613
Equipment$3,263$37,482$40,745
Other Assets Org$839,451--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Laura a CassellPresident
Gary CreganTrustee
Maryann FitzgeraldTrustee
Robert BrennanTrustee
Robert J Ahlstrom JrTrustee
Steven PietrowskiTrustee
William G ChapinTrustee
Richard BalcomTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,327,633
Investment Income
$1,566
Other Revenue
$2,635
Change in Net Assets
$96,172

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,331,834
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,331,834
Total Revenue per Form 990
$1,331,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,059,203
Salaries, Compensation, and Employee Benefits$176,459
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$339,644--$339,644
Depreciation Depletion$200,112--$200,112
Other Salaries and Wages$102,077$30,777-$132,854
All Other Expenses$58,384$20,406-$78,790
Fees for Services Management-$75,254-$75,254
Occupancy$66,398--$66,398
Insurance$44,336--$44,336
Other Employee Benefits$34,847--$34,847
Other Expenses$26,585--$26,585
Fees for Services Accounting-$15,900-$15,900
Fees for Services Legal-$11,797-$11,797
Payroll Taxes$8,758--$8,758
Office Expenses-$1,134-$1,134
Total Functional Expenses$1,080,394$155,268$0$1,235,662

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,235,662
Total Expenses per Audited Statements$1,235,662
Total Expenses per Form 990$1,235,662
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Payable$27,295
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The project entered into a contract with an independent management company which handles the operation of the building, all building related services, all tenant needs and services, as well as all legal, financial and other matters. All salaries are paid through this independent management company which files all related payroll tax returns.”

Form 990, Part VI, Section B, Line 11

“The organization distributes a draft copy of the irs form 990 to its board members to review; who then are provided an opportunity to make comments or inquiries. Appropriate responses are given to their satisfaction. The board approves the filing of the form at a meeting held prior to its due date.”

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

“Annual updates are requested in writing from the board members.”

Form 990, Part VI, Section B, Line 15

“No board members or officers receive any compensation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interst policy and financial statements are made available upon request on an as needed basis as determined by the board of directors.”

FORM 990, PART VII, SECTION A, COLUMN B:

“The board of directors perform governance and other services throughout the year for the housing entities listed in schedule r, part ii, for no compensation. The hours listed on page 7, part vii, section a, column b, are estimates of the average weekly combined hours worked on all of these entities.”

Filing and Contact Details

Filer

Filer Name
ST JOHN'S SENIOR CITIZEN HOUSING
EIN
11-2698458
Phone
5167337032
Address
90 CHERRY LANE, HICKSVILLE, NY 11801-6232

Signing Officer

Name
Richard Balcom
Title
Treasurer
Phone
5167337032
Signed
2017-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Balcom
Formed
1984
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
D'ARCANGELO & CO LLP
Address
800 WESTCHESTER AVE SUITE N-400, RYE BROOK, NY 10573-1301
Preparer
Vincent P Pancaldo
Phone
9146944600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.”

Raw XML AppendixShowing 400 of 668 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/OtherRevenueMiscGrp/Desc0LAUNDRY/VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02328
IRS990/OtherRevenueMiscGrp/ExclusionAmt1307
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02328
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1307
IRS990/OtherRevenueTotalAmt02635
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030777
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0102077
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132854
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08758
IRS990/PayrollTaxesGrp/TotalAmt08758
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08060
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06928
IRS990/PrincipalOfficerNm0RICHARD BALCOM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING ASSIST. PAYMEN
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0997271
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1330362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0997271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1330362
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0710
IRS990/PYOtherExpensesAmt01121596
IRS990/PYOtherRevenueAmt02589
IRS990/PYProgramServiceRevenueAmt01307220
IRS990/PYRevenuesLessExpensesAmt0-11570
IRS990/PYSalariesCompEmpBnftPaidAmt0200493
IRS990/PYTotalExpensesAmt01322089
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01310519
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt096172
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01327633
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030793
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012871
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01566
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0710
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0432
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03835
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01327633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01307220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01278837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01285535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01268476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06467701
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0432
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0687
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03835
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02635
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02589
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03523
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04311
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04489
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017547
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99670
IRS990ScheduleA/PublicSupportPY509Pct00.99670
IRS990ScheduleA/PublicSupportTotal509Amt06467701
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01327633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01307220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01278837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01285535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01268476
IRS990ScheduleA/Total509Grp/TotalAmt06467701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01331834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01310519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01282792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01290533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01273405
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06489083
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01761567
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04676203
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06437770
IRS990ScheduleD/EquipmentGrp/BookValueAmt03263
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037482
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040745
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01235662
IRS990ScheduleD/LandGrp/BookValueAmt0310000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0310000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027295
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1532961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt266528
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3839451
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt071674
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0167939
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0239613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01331834
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02146504
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01466235
IRS990ScheduleD/TotalExpensesPerForm990Amt01235662
IRS990ScheduleD/TotalLiabilityAmt027295
IRS990ScheduleD/TotalRevenuePerForm990Amt01331834
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01331834
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01235662
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT ENTERED INTO A CONTRACT WITH AN INDEPENDENT MANAGEMENT COMPANY WHICH HANDLES THE OPERATION OF THE BUILDING, ALL BUILDING RELATED SERVICES, ALL TENANT NEEDS AND SERVICES, AS WELL AS ALL LEGAL, FINANCIAL AND OTHER MATTERS. ALL SALARIES ARE PAID THROUGH THIS INDEPENDENT MANAGEMENT COMPANY WHICH FILES ALL RELATED PAYROLL TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL UPDATES ARE REQUESTED IN WRITING FROM THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO BOARD MEMBERS OR OFFICERS RECEIVE ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS PERFORM GOVERNANCE AND OTHER SERVICES THROUGHOUT THE YEAR FOR THE HOUSING ENTITIES LISTED IN SCHEDULE R, PART II, FOR NO COMPENSATION. THE HOURS LISTED ON PAGE 7, PART VII, SECTION A, COLUMN B, ARE ESTIMATES OF THE AVERAGE WEEKLY COMBINED HOURS WORKED ON ALL OF THESE ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII, SECTION A, COLUMN B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,718,154
Liabilities
$4,504,463
Net assets
-$786,309
Revenue
$1,331,834
Expenses
$1,235,662
Net income
$96,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.88$2.22$3.66$2.45$1.46$0.98
2023Detailed filing. Detailed filing data is available for this year.$5.33$2.65$2.68$2.28$1.33$0.96
2022Detailed filing. Detailed filing data is available for this year.$4.65$2.93$1.72$1.89$1.31$0.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$3.27$1.15$1.74$1.28$0.46
2020Detailed filing. Detailed filing data is available for this year.$4.24$3.56$0.69$1.71$1.29$0.42
2019Detailed filing. Detailed filing data is available for this year.$4.08$3.81$0.27$1.71$1.31$0.40
2018Detailed filing. Detailed filing data is available for this year.$3.93$4.05$0.12$1.77$1.24$0.53
2017Detailed filing. Detailed filing data is available for this year.$3.60$4.25$0.65$1.36$1.23$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.72$4.50$0.79$1.33$1.24$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.77$4.65$0.88$1.31$1.32$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.93$4.81$0.87$1.28$1.34$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$4.90$0.81$1.29$1.43$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$5.02$0.67$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$5.13$0.69$1.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$5.19$0.65$1.24