Civic Intelligence

Catherine Sheridan Housing Development Fund Company Inc

990 • Fiscal year 2019 • EIN 11-3636256

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 05, 2019

Organization ProfileWWW.CCBQ.ORG
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

76th percentile

0.55x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.27x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

86th percentile

36%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

77th percentile

$290,424

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

83rd percentile

20%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

59%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$14,119,222

Up $2,319,401 (+20%) from 2018

Net Assets

Up

$6,407,390

Up $2,211,425 (+53%) from 2018

Liabilities

Up

$7,711,832

Up $107,976 (+1.4%) from 2018

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin86th percentile

Revenue

Up

$6,061,793

Up $2,251,822 (+59%) from 2018

Expenses

Up

$3,850,368

Up $296,876 (+8.4%) from 2018

Net Income

Up

$2,211,425

Up $1,954,946 (+762%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

2019

Assets$14,119,222
Liabilities$7,711,832
Net Assets$6,407,390
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

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

2019

Revenue$6,061,793
Expenses$3,850,368
Net Income$2,211,425
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$6,061,793
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$9,396,053$9,675,295▲ $279,242
Cash and Non-Interest-Bearing Accounts$480,269$2,742,618▲ $2,262,349
Savings and Temporary Cash Investments$1,439,816$959,197▼ $480,619
Prepaid Expenses and Deferred Charges$380,092$538,900▲ $158,808
Accounts Receivable$17,886$81,505▲ $63,619
Total Assets$11,799,821$14,119,222▲ $2,319,401
Other Assets Total$85,705$121,707▲ $36,002
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,291,864$7,100,546▼ $191,318
Accounts Payable and Accrued Expenses$220,586$485,703▲ $265,117
Other Liabilities$88,360$113,933▲ $25,573
Deferred Revenue$3,046$11,650▲ $8,604
Total Liabilities$7,603,856$7,711,832▲ $107,976
Net Assets / Fund Balance
Unrestricted Net Assets$4,195,965$6,407,390▲ $2,211,425
Total Net Assets Fund Balance$4,195,965$6,407,390▲ $2,211,425
Total Liabilities and Net Assets / Fund Balance$11,799,821$14,119,222▲ $2,319,401

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,052,032$6,091,157$15,143,189
Equipment$123,263$468,444$591,707
Land$500,000-$500,000
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleOtherTotal
Richard SlizeskiDirector$146,556$146,556
Rev Msgr Alfred P LopintoCEO$47,000$47,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,029,173
Investment Income
$1,776
Other Revenue
$30,844
Change in Net Assets
$2,211,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,061,793
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,061,793
Total Revenue per Form 990
$6,061,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,344,171
Salaries, Compensation, and Employee Benefits$506,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,218,705--$1,218,705
Depreciation Depletion$541,698--$541,698
Interest$482,289--$482,289
Other Salaries and Wages$376,535--$376,535
Fees for Services Management-$303,393-$303,393
Insurance$218,734--$218,734
Other Employee Benefits$100,933--$100,933
Payroll Taxes$28,729--$28,729
Office Expenses$21,386--$21,386
Fees for Services Accounting-$15,825-$15,825
Fees for Services Legal$9,107--$9,107
Other Expenses$2,837--$2,837
All Other Expenses$281--$281
Total Functional Expenses$3,531,150$319,218$0$3,850,368

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,850,368
Total Expenses per Audited Statements$3,850,368
Total Expenses per Form 990$3,850,368
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$61,711
Due to Affiliates$52,222
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
2019-11-05
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, 2019. 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, 2016 remain open.”

Raw XML AppendixShowing 400 of 1,397 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/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SAFE AND AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07291864
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07100546
IRS990/NetAssetsOrFundBalancesBOYAmt04195965
IRS990/NetAssetsOrFundBalancesEOYAmt06407390
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01218705
IRS990/OccupancyGrp/TotalAmt01218705
IRS990/OfficeExpensesGrp/ProgramServicesAmt021386
IRS990/OfficeExpensesGrp/TotalAmt021386
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt085705
IRS990/OtherAssetsTotalGrp/EOYAmt0121707
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0100933
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0100933
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENACE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE RENT FRE
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0411012
IRS990/OtherExpensesGrp/ProgramServicesAmt192370
IRS990/OtherExpensesGrp/ProgramServicesAmt226534
IRS990/OtherExpensesGrp/ProgramServicesAmt32837
IRS990/OtherExpensesGrp/TotalAmt0411012
IRS990/OtherExpensesGrp/TotalAmt192370
IRS990/OtherExpensesGrp/TotalAmt226534
IRS990/OtherExpensesGrp/TotalAmt32837
IRS990/OtherLiabilitiesGrp/BOYAmt088360
IRS990/OtherLiabilitiesGrp/EOYAmt0113933
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016590
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt114055
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2199
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016590
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt114055
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2199
IRS990/OtherRevenueTotalAmt030844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0376535
IRS990/OtherSalariesAndWagesGrp/TotalAmt0376535
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt028729
IRS990/PayrollTaxesGrp/TotalAmt028729
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0380092
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0538900
IRS990/PrincipalOfficerNm0JEANNE M DIULIO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06029173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06029173
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01469
IRS990/PYOtherExpensesAmt03019998
IRS990/PYOtherRevenueAmt013718
IRS990/PYProgramServiceRevenueAmt03794784
IRS990/PYRevenuesLessExpensesAmt0256479
IRS990/PYSalariesCompEmpBnftPaidAmt0533494
IRS990/PYTotalExpensesAmt03553492
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03809971
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02211425
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06060017
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01439816
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0959197
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2014 AMOUNT: $ 9,800. 2015 AMOUNT: $ 9,551. 2016 AMOUNT: $ 12,120. 2017 AMOUNT: $ 10,583. 2018 AMOUNT: $ 14,055. TENANT CHARGES - 2014 AMOUNT: $ 1,663. 2015 AMOUNT: $ 1,961. 2016 AMOUNT: $ 9,555. 2017 AMOUNT: $ 3,135. 2018 AMOUNT: $ 16,590. MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 199.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01776
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01469
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0631
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06029173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03794784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03798606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03736648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03665595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt021024806
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01776
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01469
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0239
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04615
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt030844
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt013718
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt021675
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011512
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011463
IRS990ScheduleA/OtherIncome509Grp/TotalAmt089212
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99560
IRS990ScheduleA/PublicSupportPY509Pct00.99620
IRS990ScheduleA/PublicSupportTotal509Amt021024806
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06029173
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03794784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03798606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03736648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03665595
IRS990ScheduleA/Total509Grp/TotalAmt021024806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06061793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03809971
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03820781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03748399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03677689
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt021118633
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09052032
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06091157
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015143189
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123263
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0468444
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0591707
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03850368
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt061711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt152222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06061793
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, 2019. 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, 2016 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09675295
IRS990ScheduleD/TotalExpensesPerForm990Amt03850368
IRS990ScheduleD/TotalLiabilityAmt0113933
IRS990ScheduleD/TotalRevenuePerForm990Amt06061793
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06061793
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03850368
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/BaseCompensationFilingOrgAmt70
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount70
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt70

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,119,222
Liabilities
$7,711,832
Net assets
$6,407,390
Revenue
$6,061,793
Expenses
$3,850,368
Net income
$2,211,425
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