Civic Intelligence

Cypress West Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 11-3294777

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileN/A
625 Jamaica AveBrooklyn, NY 11208

(718) 647-2800

Siviq Scores

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

Liabilities / Assets

81st percentile

1.52x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

7.37x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2021

Net Margin

27th percentile

-37%

Higher net margin than 27% of similar nonprofits.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$206,638

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 55.0% of source-year revenue.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2021

Asset Growth

6th percentile

-8.3%

Faster asset growth than 6% of similar nonprofits.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

2.0%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$1,822,949

Down $164,348 (-8.3%) from 2020

Net Assets

Down

-$944,622

Down $137,751 (-17%) from 2020

Liabilities

Down

$2,767,571

Down $26,597 (-1.0%) from 2020

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin27th percentile

Revenue

Up

$375,623

Up $7,493 (+2.0%) from 2020

Expenses

Up

$513,374

Up $73,344 (+17%) from 2020

Net Income

Down

-$137,751

Down $65,851 (-92%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $2,405,502Liabilities 2011: $2,616,631Net Assets 2011: -$211,1292011Assets 2012: $2,380,934Liabilities 2012: $2,639,121Net Assets 2012: -$258,1872012Assets 2013: $2,272,469Liabilities 2013: $2,667,287Net Assets 2013: -$394,8182013Assets 2014: $2,324,145Liabilities 2014: $2,829,385Net Assets 2014: -$505,2402014Assets 2015: $2,264,923Liabilities 2015: $2,815,048Net Assets 2015: -$550,1252015Assets 2016: $2,218,696Liabilities 2016: $2,790,424Net Assets 2016: -$571,7282016Assets 2017: $2,191,230Liabilities 2017: $2,778,331Net Assets 2017: -$587,1012017Assets 2018: $2,113,061Liabilities 2018: $2,782,137Net Assets 2018: -$669,0762018Assets 2019: $2,078,166Liabilities 2019: $2,813,137Net Assets 2019: -$734,9712019Assets 2020: $1,987,297Liabilities 2020: $2,794,168Net Assets 2020: -$806,8712020Assets 2021: $1,822,949Liabilities 2021: $2,767,571Net Assets 2021: -$944,6222021Assets 2022: $1,734,313Liabilities 2022: $2,819,430Net Assets 2022: -$1,085,1172022Assets 2023: $1,680,460Liabilities 2023: $2,852,199Net Assets 2023: -$1,171,7392023Assets 2024: $1,605,132Liabilities 2024: $2,912,814Net Assets 2024: -$1,307,6822024

Highlighted filing

2021

Assets$1,822,949
Liabilities$2,767,571
Net Assets-$944,622
Open 2021 Filing

Operations Trend

Revenue Growth53rd percentile

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

$600K$400K$200K$0-$200KExpenses 2011: $357,3332011Expenses 2012: $372,9662012Revenue 2013: $323,922Expenses 2013: $460,553Net Income 2013: -$136,6312013Revenue 2014: $357,627Expenses 2014: $468,049Net Income 2014: -$110,4222014Revenue 2015: $365,872Expenses 2015: $410,757Net Income 2015: -$44,8852015Revenue 2016: $373,491Expenses 2016: $395,094Net Income 2016: -$21,6032016Revenue 2017: $371,344Expenses 2017: $386,717Net Income 2017: -$15,3732017Revenue 2018: $373,936Expenses 2018: $455,911Net Income 2018: -$81,9752018Revenue 2019: $396,180Expenses 2019: $462,025Net Income 2019: -$65,8452019Revenue 2020: $368,130Expenses 2020: $440,030Net Income 2020: -$71,9002020Revenue 2021: $375,623Expenses 2021: $513,374Net Income 2021: -$137,7512021Revenue 2022: $370,649Expenses 2022: $511,144Net Income 2022: -$140,4952022Revenue 2023: $410,888Expenses 2023: $497,510Net Income 2023: -$86,6222023Revenue 2024: $426,455Expenses 2024: $562,398Net Income 2024: -$135,9432024

Highlighted filing

2021

Revenue$375,623
Expenses$513,374
Net Income-$137,751
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$375,623
Mission and Program Overview

Mission

To provide and maintain affordable housing for persons and families of low income in brooklyn, new yok.

To provide and maintain affordable housing for persons and families of low income in brooklyn, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,460,118$1,392,381▼ $67,737
Cash and Non-Interest-Bearing Accounts$158,685$43,896▼ $114,789
Prepaid Expenses and Deferred Charges$39,651$37,745▼ $1,906
Accounts Receivable$27,692$37,077▲ $9,385
Total Assets$1,987,297$1,822,949▼ $164,348
Other Assets Total$301,151$311,850▲ $10,699
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,698,427$2,691,513▼ $6,914
Accounts Payable and Accrued Expenses$77,381$55,594▼ $21,787
Other Liabilities$18,002$18,043▲ $41
Deferred Revenue$358$2,421▲ $2,063
Total Liabilities$2,794,168$2,767,571▼ $26,597
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-806,871$-944,622▼ $137,751
Total Net Assets Fund Balance$-806,871$-944,622▼ $137,751
Total Liabilities and Net Assets / Fund Balance$1,987,297$1,822,949▼ $164,348

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,368,877$1,122,362$2,491,239
Equipment$5,028$33,296$38,324
Other Land Buildings$16,676-$16,676
Land$1,800-$1,800
Other Assets Org$193,817--
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Sylvia StovallPresident
Mirian RodriguezVice President
Michelle D NeugebauerExecutive Director
Gaudi Polanco-mendozaCFO
Ivelisse GonzalezMember
Mark MigliacciMember
Melodye HarveyMember
Rd GentzlerMember
Harold GreenSecretary
Marisol QuinonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$373,142
Investment Income
$2,284
Other Revenue
$197
Change in Net Assets
$-137,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$375,623
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$375,623
Total Revenue per Form 990
$375,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$513,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$115,580--$115,580
Depreciation Depletion$93,667--$93,667
Insurance$45,349--$45,349
Office Expenses$29,190--$29,190
Fees for Services Management-$22,619-$22,619
Other Expenses$12,067--$12,067
Fees for Services Accounting-$7,900-$7,900
Fees for Services Other-$7,130-$7,130
Interest$3,515--$3,515
Fees for Services Legal-$2,801-$2,801
Total Functional Expenses$472,924$40,450$0$513,374

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$513,374
Total Expenses per Audited Statements$513,374
Total Expenses per Form 990$513,374
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$17,943
Due to Affiliate$100
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is accurate and complete. Subsequently, a copy of the draft 990 is provided to the finance committee for review. The finance committee will meet with the management to discuss the 990 and resolve any questions that may arise. The draft 990 wil then be distributed to the board of directors for review and approval. Upon approval from the board of directors the 990 will be filed.”

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

“Board members, officers and employees report annually if a conflict appears to exist, management and the board will meet with the individual to obtain all facts. Subsequently, a vote will ensure if the matter is indeed a conflict of interest. If it is found to be a conflict of interest, the individual with the conflict of interest must refrain from participating in the deliberation and decision making concerning the matter that gave rise to the conflict.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Cypress West Housing Development Fund
EIN
11-3294777
Phone
7186472800
Address
625 JAMAICA AVE, BROOKLYN, NY 11208

Signing Officer

Name
Michelle Neugebauer
Title
CEO
Phone
7186472800
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Neugebauer
Formed
1996
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Management reviews th audit to ensure it is accurate and complete. A copy of the draft audit is provided to the finance committee for review. The finance committee will meet with management to discuss the draft audit and resolve any questions that may arise. The draft audit will then be distributed to the board for review and approval. Upon approval from the board the draft will then be finalized.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has applied for and received a determination letter from the internal revenue service (''irs'') to be treated as a tax-exempt entity pursual to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2021. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. The corporation's policy is to include any penalties and interest accessed by taxing authorities with excise tax expense. The corporation's form 990, return of organization exempt from income tax, is subject to audit by the irs for the prior three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2018 remain open.”

Raw XML AppendixShowing 400 of 581 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/ProgramServicesAmt029190
IRS990/OfficeExpensesGrp/TotalAmt029190
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0301151
IRS990/OtherAssetsTotalGrp/EOYAmt0311850
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0152404
IRS990/OtherExpensesGrp/ProgramServicesAmt121152
IRS990/OtherExpensesGrp/ProgramServicesAmt212067
IRS990/OtherExpensesGrp/TotalAmt0152404
IRS990/OtherExpensesGrp/TotalAmt121152
IRS990/OtherExpensesGrp/TotalAmt212067
IRS990/OtherLiabilitiesGrp/BOYAmt018002
IRS990/OtherLiabilitiesGrp/EOYAmt018043
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0197
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0197
IRS990/OtherRevenueTotalAmt0197
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039651
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037745
IRS990/PrincipalOfficerNm0MICHELLE NEUGEBAUER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0373142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0373142
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02883
IRS990/PYOtherExpensesAmt0440030
IRS990/PYOtherRevenueAmt07285
IRS990/PYProgramServiceRevenueAmt0357962
IRS990/PYRevenuesLessExpensesAmt0-71900
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0440030
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0368130
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-137751
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0373339
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2017 AMOUNT: $ 365. 2018 AMOUNT: $ 1,230. 2019 AMOUNT: $ 18,300. 2020 AMOUNT: $ 7,285. 2021 AMOUNT: $ 197.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02883
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03565
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0373142
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0357962
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0373509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0368642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0367414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01840669
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02883
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03565
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017167
IRS990ScheduleA/InvestmentIncomeCYPct00.00910
IRS990ScheduleA/InvestmentIncomePYPct00.00910
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0197
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07285
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt018300
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01230
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0365
IRS990ScheduleA/OtherIncome509Grp/TotalAmt027377
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97640
IRS990ScheduleA/PublicSupportPY509Pct00.97440
IRS990ScheduleA/PublicSupportTotal509Amt01840669
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0373142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0357962
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0373509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0368642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0367414
IRS990ScheduleA/Total509Grp/TotalAmt01840669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0375623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0368130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0396180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0373936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0371344
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01885213
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01368877
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01122362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02491239
IRS990ScheduleD/EquipmentGrp/BookValueAmt05028
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033296
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038324
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0513374
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06311
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt117943
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216058
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt377721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4193817
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4REPLACEMENT RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016676
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0375623
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (''IRS'') TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUAL TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2021. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. THE CORPORATION'S POLICY IS TO INCLUDE ANY PENALTIES AND INTEREST ACCESSED BY TAXING AUTHORITIES WITH EXCISE TAX EXPENSE. THE CORPORATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO AUDIT BY THE IRS FOR THE PRIOR THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2018 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01392381
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0311850
IRS990ScheduleD/TotalExpensesPerForm990Amt0513374
IRS990ScheduleD/TotalLiabilityAmt018043
IRS990ScheduleD/TotalRevenuePerForm990Amt0375623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0375623
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0513374
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt12000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0170470
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1141433
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt15801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt027368
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt13595
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELLE D NEUGEBAUER

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,822,949
Liabilities
$2,767,571
Net assets
-$944,622
Revenue
$375,623
Expenses
$513,374
Net income
-$137,751
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$2.91$1.31$0.43$0.56$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.68$2.85$1.17$0.41$0.50$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.73$2.82$1.09$0.37$0.51$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.82$2.77$0.94$0.38$0.51$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$2.79$0.81$0.37$0.44$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.08$2.81$0.73$0.40$0.46$0.07
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.11$2.78$0.67$0.37$0.46$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$2.78$0.59$0.37$0.39$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.22$2.79$0.57$0.37$0.40$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$2.82$0.55$0.37$0.41$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.32$2.83$0.51$0.36$0.47$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.27$2.67$0.39$0.32$0.46$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$2.64$0.26$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$2.62$0.21$0.36
Peer Organizations

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