Civic Intelligence

Catherine Sheridan Housing Development Fund Company Inc

990 • Fiscal year 2018 • EIN 11-3636256

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 25, 2019

191 Joralemon StreetBrooklyn, NY 11201

(718) 722-6150

Siviq Scores

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

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

2.00x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

61st percentile

6.7%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$294,860

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

45th percentile

0.9%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-0.3%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$11,799,821

Up $99,719 (+0.9%) from 2017

Net Assets

Up

$4,195,965

Up $256,479 (+6.5%) from 2017

Liabilities

Down

$7,603,856

Down $156,760 (-2.0%) from 2017

Revenue

Down

$3,809,971

Down $10,810 (-0.3%) from 2017

Expenses

Up

$3,553,492

Up $163,682 (+4.8%) from 2017

Net Income

Down

$256,479

Down $174,492 (-40%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2011: $11,990,495Liabilities 2011: $9,844,181Net Assets 2011: $2,146,3142011Assets 2012: $11,781,504Liabilities 2012: $9,420,272Net Assets 2012: $2,361,2322012Assets 2013: $11,670,368Liabilities 2013: $9,128,952Net Assets 2013: $2,541,4162013Assets 2014: $11,521,013Liabilities 2014: $8,981,141Net Assets 2014: $2,539,8722014Assets 2015: $11,758,643Liabilities 2015: $8,807,433Net Assets 2015: $2,951,2102015Assets 2016: $12,026,179Liabilities 2016: $8,517,664Net Assets 2016: $3,508,5152016Assets 2017: $11,700,102Liabilities 2017: $7,760,616Net Assets 2017: $3,939,4862017Assets 2018: $11,799,821Liabilities 2018: $7,603,856Net Assets 2018: $4,195,9652018Assets 2019: $14,119,222Liabilities 2019: $7,711,832Net Assets 2019: $6,407,3902019Assets 2020: $27,371,440Liabilities 2020: $54,505,136Net Assets 2020: -$27,133,6962020Assets 2021: $27,411,830Liabilities 2021: $53,509,826Net Assets 2021: -$26,097,9962021Assets 2022: $26,711,927Liabilities 2022: $52,418,489Net Assets 2022: -$25,706,5622022Assets 2023: $28,214,452Liabilities 2023: $52,794,978Net Assets 2023: -$24,580,5262023Assets 2024: $29,559,304Liabilities 2024: $51,744,566Net Assets 2024: -$22,185,2622024Assets 2025: $30,550,635Liabilities 2025: $49,512,983Net Assets 2025: -$18,962,3482025

Highlighted filing

2018

Assets$11,799,821
Liabilities$7,603,856
Net Assets$4,195,965

Operations Trend

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

$60M$40M$20M$0-$20M-$40MRevenue 2011: $3,474,306Expenses 2011: $3,538,268Net Income 2011: -$63,9622011Revenue 2012: $3,515,970Expenses 2012: $3,301,052Net Income 2012: $214,9182012Revenue 2013: $3,676,529Expenses 2013: $3,496,345Net Income 2013: $180,1842013Revenue 2014: $3,642,742Expenses 2014: $3,644,286Net Income 2014: -$1,5442014Revenue 2015: $3,677,689Expenses 2015: $3,266,351Net Income 2015: $411,3382015Revenue 2016: $3,748,399Expenses 2016: $3,191,094Net Income 2016: $557,3052016Revenue 2017: $3,820,781Expenses 2017: $3,389,810Net Income 2017: $430,9712017Revenue 2018: $3,809,971Expenses 2018: $3,553,492Net Income 2018: $256,4792018Revenue 2019: $6,061,793Expenses 2019: $3,850,368Net Income 2019: $2,211,4252019Revenue 2020: $6,632,763Expenses 2020: $40,173,849Net Income 2020: -$33,541,0862020Revenue 2021: $6,511,670Expenses 2021: $5,475,970Net Income 2021: $1,035,7002021Revenue 2022: $6,761,532Expenses 2022: $5,693,320Net Income 2022: $1,068,2122022Revenue 2023: $7,161,048Expenses 2023: $5,871,982Net Income 2023: $1,289,0662023Revenue 2024: $8,185,961Expenses 2024: $5,961,533Net Income 2024: $2,224,4282024Revenue 2025: $9,169,094Expenses 2025: $6,256,867Net Income 2025: $2,912,2272025

Highlighted filing

2018

Revenue$3,809,971
Expenses$3,553,492
Net Income$256,479
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 25, 2019
Return Version
2017v2.3
Gross Receipts
$3,809,971
Mission and Program Overview

Mission

To provide safe and affordable housing to elderly and disabled persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,666,153$9,396,053▼ $270,100
Savings and Temporary Cash Investments$1,089,589$1,439,816▲ $350,227
Cash and Non-Interest-Bearing Accounts$495,295$480,269▼ $15,026
Prepaid Expenses and Deferred Charges$363,086$380,092▲ $17,006
Accounts Receivable$12,361$17,886▲ $5,525
Total Assets$11,700,102$11,799,821▲ $99,719
Other Assets Total$73,618$85,705▲ $12,087
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,470,957$7,291,864▼ $179,093
Accounts Payable and Accrued Expenses$216,002$220,586▲ $4,584
Other Liabilities$73,657$91,406▲ $17,749
Total Liabilities$7,760,616$7,603,856▼ $156,760
Net Assets / Fund Balance
Unrestricted Net Assets$3,939,486$4,195,965▲ $256,479
Total Net Assets Fund Balance$3,939,486$4,195,965▲ $256,479
Total Liabilities and Net Assets / Fund Balance$11,700,102$11,799,821▲ $99,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,778,130$5,601,578$14,379,708
Equipment$117,923$448,055$565,978
Land$500,000-$500,000
Compensation and Service Providers

Employees

NameTitleOtherTotal
Richard SlizeskiDirector$147,699$147,699
Richard AbrahamsenSecretary/treasurer$146,382$146,382
Rev Msgr Alfred P LopintoCEO$50,000$50,000

Board Members and Trustees

NameTitle
Jeanne M DiulioPresident
Desiree ArduiniDirector
Desiree Jackson-frysonDirector
Martin SussmanDirector
Mary HursonDirector
Samira AlievaDirector
Alan WolinetzDirector/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,794,784
Investment Income
$1,469
Other Revenue
$13,718
Change in Net Assets
$256,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,809,971
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,809,971
Total Revenue per Form 990
$3,809,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,019,998
Salaries, Compensation, and Employee Benefits$533,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$999,302--$999,302
Depreciation Depletion$546,515--$546,515
Interest$495,867--$495,867
Other Salaries and Wages$401,919--$401,919
Insurance$198,963--$198,963
Fees for Services Management$193,539--$193,539
Other Employee Benefits$101,763--$101,763
Payroll Taxes$29,812--$29,812
Office Expenses$27,503--$27,503
Fees for Services Other$23,283--$23,283
Fees for Services Accounting-$15,825-$15,825
Other Expenses$3,050--$3,050
Fees for Services Legal$1,691--$1,691
All Other Expenses$89--$89
Total Functional Expenses$3,537,667$15,825$0$3,553,492

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,553,492
Total Expenses per Audited Statements$3,553,492
Total Expenses per Form 990$3,553,492
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$60,881
Due to Affiliates$27,479
Prepaid Rent$3,046
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Progress of people's development corp is the sole member of catherine sheridan hdfc.

Form 990, Part VI, Section A, Line 7A

Progress of people's development corp as the sole member of the organization, and pursuant to it's bylaws has certain rights including but not limited to electing directors and filling vacant director positions.

Form 990, Part VI, Section A, Line 7B

Progress of people's development corp as the sole member of the organization, and pursuant to the bylaws has certain rights including but not limited to (1) amend the bylaws of the corporation, (2) change the purpose of the corporation, (3) dissolve the corporation, (4) elect directors, (5) fill vacant director positions, and (6) remove directors with or without cause.

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

A copy of the form 990 is made available to the board without part vii. The board reviews the form 990 and when the board is satisfied the form 990 is approved for filing with the irs.

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

Each director, principal officer and member of a committee with board delegated powers annually signs a statement that affirms that such person (1) has received a copy of the organizations's conflict of interest policy, (2) has read and understands the policy, (3) has agreed to comply with the policy and (4) understands that the organization is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt activities. If there is an actual or preceived conflict of interest, affected individuals must recuse themselves from any discussion or deliberating process.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Catherine Sheridan Hdfc
EIN
11-3636256
Phone
7187226150
Address
191 JORALEMON STREET, BROOKLYN, NY 11201

Signing Officer

Name
Jeanne M Diulio
Title
President
Phone
7187226150
Signed
2019-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanne M Diulio
Formed
2003
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky CPA
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

This process has not changed from the prior year.

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 pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended june 30, 2018. 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 form 990, return of organization exempt from income tax, for the tax years, ending on or after june 30, 2015 remain open.

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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07470957
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07291864
IRS990/NetAssetsOrFundBalancesBOYAmt03939486
IRS990/NetAssetsOrFundBalancesEOYAmt04195965
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0999302
IRS990/OccupancyGrp/TotalAmt0999302
IRS990/OfficeExpensesGrp/ProgramServicesAmt027503
IRS990/OfficeExpensesGrp/TotalAmt027503
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt073618
IRS990/OtherAssetsTotalGrp/EOYAmt085705
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0101763
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101763
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENACE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE RENT FRE
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0400989
IRS990/OtherExpensesGrp/ProgramServicesAmt196496
IRS990/OtherExpensesGrp/ProgramServicesAmt216886
IRS990/OtherExpensesGrp/ProgramServicesAmt33050
IRS990/OtherExpensesGrp/TotalAmt0400989
IRS990/OtherExpensesGrp/TotalAmt196496
IRS990/OtherExpensesGrp/TotalAmt216886
IRS990/OtherExpensesGrp/TotalAmt33050
IRS990/OtherLiabilitiesGrp/BOYAmt073657
IRS990/OtherLiabilitiesGrp/EOYAmt091406
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010583
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010583
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13135
IRS990/OtherRevenueTotalAmt013718
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0401919
IRS990/OtherSalariesAndWagesGrp/TotalAmt0401919
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt029812
IRS990/PayrollTaxesGrp/TotalAmt029812
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0363086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0380092
IRS990/PrincipalOfficerNm0JEANNE M DIULIO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03794784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03794784
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0500
IRS990/PYOtherExpensesAmt02923066
IRS990/PYOtherRevenueAmt021675
IRS990/PYProgramServiceRevenueAmt03798606
IRS990/PYRevenuesLessExpensesAmt0430971
IRS990/PYSalariesCompEmpBnftPaidAmt0466744
IRS990/PYTotalExpensesAmt03389810
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03820781
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0256479
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03808502
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01089589
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01439816
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2013 AMOUNT: $ 7,988. 2014 AMOUNT: $ 9,800. 2015 AMOUNT: $ 9,551. 2016 AMOUNT: $ 12,120. 2017 AMOUNT: $ 10,583. TENANT CHARGES - 2013 AMOUNT: $ 916. 2014 AMOUNT: $ 1,663. 2015 AMOUNT: $ 1,961. 2016 AMOUNT: $ 9,555. 2017 AMOUNT: $ 3,135.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01469
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0891
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03794784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03798606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03736648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03665595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03632947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt018628580
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01469
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0239
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03730
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt013718
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt021675
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011512
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011463
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08904
IRS990ScheduleA/OtherIncome509Grp/TotalAmt067272
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99620
IRS990ScheduleA/PublicSupportPY509Pct00.99100
IRS990ScheduleA/PublicSupportTotal509Amt018628580
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03794784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03798606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03736648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03665595
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03632947
IRS990ScheduleA/Total509Grp/TotalAmt018628580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03809971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03820781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03748399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03677689
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03642742
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018699582
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08778130
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05601578
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014379708
IRS990ScheduleD/EquipmentGrp/BookValueAmt0117923
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0448055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0565978
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03553492
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt127479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03809971
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 PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2018. 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 FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE TAX YEARS, ENDING ON OR AFTER JUNE 30, 2015 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09396053
IRS990ScheduleD/TotalExpensesPerForm990Amt03553492
IRS990ScheduleD/TotalLiabilityAmt091406
IRS990ScheduleD/TotalRevenuePerForm990Amt03809971
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03809971
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03553492
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0148146
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1133366
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2143138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3133241
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4156931

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.6$49.5$19.0$9.17$6.26$2.91
2024Detailed filing. Detailed filing data is available for this year.$29.6$51.7$22.2$8.19$5.96$2.22
2023Detailed filing. Detailed filing data is available for this year.$28.2$52.8$24.6$7.16$5.87$1.29
2022Detailed filing. Detailed filing data is available for this year.$26.7$52.4$25.7$6.76$5.69$1.07
2021Detailed filing. Detailed filing data is available for this year.$27.4$53.5$26.1$6.51$5.48$1.04
2020Detailed filing. Detailed filing data is available for this year.$27.4$54.5$27.1$6.63$40.2$33.5
2019Detailed filing. Detailed filing data is available for this year.$14.1$7.71$6.41$6.06$3.85$2.21
2018Detailed filing. Detailed filing data is available for this year.$11.8$7.60$4.20$3.81$3.55$0.26
2017Detailed filing. Detailed filing data is available for this year.$11.7$7.76$3.94$3.82$3.39$0.43
2016Detailed filing. Detailed filing data is available for this year.$12.0$8.52$3.51$3.75$3.19$0.56
2015Summary only. Only limited summary data is available for this year.$11.8$8.81$2.95$3.68$3.27$0.41
2014Summary only. Only limited summary data is available for this year.$11.5$8.98$2.54$3.64$3.64$0.00
2013Summary only. Only limited summary data is available for this year.$11.7$9.13$2.54$3.68$3.50$0.18
2012Summary only. Only limited summary data is available for this year.$11.8$9.42$2.36$3.52$3.30$0.21
2011Summary only. Only limited summary data is available for this year.$12.0$9.84$2.15$3.47$3.54$0.06