Civic Intelligence

Victory One Housing Development Fund Corporation

990 • Fiscal year 2015 • EIN 11-3755386

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

Organization ProfileWWW.HCCI.ORG
2854 Frederick Douglass BlvdNew York, NY 10039

(212) 281-4887

Siviq Scores

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

Liabilities / Assets

99th percentile

1.99x

Higher debt load relative to assets than 99% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

9.41x

Higher debt load relative to revenue than 77% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Net Margin

14th percentile

-42%

Higher net margin than 14% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Asset Growth

8th percentile

-6.6%

Faster asset growth than 8% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-1.4%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$5,649,839

Down $399,345 (-6.6%) from 2014

Net Assets

Down

-$5,578,246

Down $503,940 (-9.9%) from 2014

Liabilities

Up

$11,228,085

Up $104,595 (+0.9%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin14th percentile

Revenue

Down

$1,193,066

Down $16,453 (-1.4%) from 2014

Expenses

Up

$1,697,006

Up $143,168 (+9.2%) from 2014

Net Income

Down

-$503,940

Down $159,621 (-46%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$20M$10M$0-$10MAssets 2010: $7,135,976Liabilities 2010: $10,985,359Net Assets 2010: -$3,849,3832010Assets 2011: $6,866,736Liabilities 2011: $10,981,103Net Assets 2011: -$4,114,3672011Assets 2012: $6,602,048Liabilities 2012: $11,030,521Net Assets 2012: -$4,428,4732012Assets 2013: $6,404,451Liabilities 2013: $11,134,438Net Assets 2013: -$4,729,9872013Assets 2014: $6,049,184Liabilities 2014: $11,123,490Net Assets 2014: -$5,074,3062014Assets 2015: $5,649,839Liabilities 2015: $11,228,085Net Assets 2015: -$5,578,2462015Assets 2016: $5,466,896Liabilities 2016: $11,533,371Net Assets 2016: -$6,066,4752016Assets 2017: $4,908,887Liabilities 2017: $11,380,492Net Assets 2017: -$6,471,6052017Assets 2018: $4,635,193Liabilities 2018: $11,621,413Net Assets 2018: -$6,986,2202018Assets 2019: $4,808,548Liabilities 2019: $11,388,239Net Assets 2019: -$6,579,6912019Assets 2020: $4,566,527Liabilities 2020: $11,614,393Net Assets 2020: -$7,047,8662020Assets 2021: $3,857,673Liabilities 2021: $11,498,949Net Assets 2021: -$7,641,2762021Assets 2022: $3,375,313Liabilities 2022: $11,687,361Net Assets 2022: -$8,312,0482022Assets 2023: $3,537,566Liabilities 2023: $12,072,488Net Assets 2023: -$8,534,9222023Assets 2024: $3,151,404Liabilities 2024: $11,516,427Net Assets 2024: -$8,365,0232024

Highlighted filing

2015

Assets$5,649,839
Liabilities$11,228,085
Net Assets-$5,578,246
Open 2015 Filing

Operations Trend

Revenue Growth28th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,210,061Expenses 2010: $1,415,192Net Income 2010: -$205,1312010Revenue 2011: $1,200,807Expenses 2011: $1,465,791Net Income 2011: -$264,9842011Revenue 2012: $1,218,620Expenses 2012: $1,532,726Net Income 2012: -$314,1062012Revenue 2013: $1,210,296Expenses 2013: $1,511,810Net Income 2013: -$301,5142013Revenue 2014: $1,209,519Expenses 2014: $1,553,838Net Income 2014: -$344,3192014Revenue 2015: $1,193,066Expenses 2015: $1,697,006Net Income 2015: -$503,9402015Revenue 2016: $1,197,829Expenses 2016: $1,686,058Net Income 2016: -$488,2292016Revenue 2017: $1,197,985Expenses 2017: $1,603,115Net Income 2017: -$405,1302017Revenue 2018: $1,202,656Expenses 2018: $1,717,271Net Income 2018: -$514,6152018Revenue 2019: $2,634,295Expenses 2019: $2,227,766Net Income 2019: $406,5292019Revenue 2020: $1,318,320Expenses 2020: $1,786,495Net Income 2020: -$468,1752020Revenue 2021: $1,416,337Expenses 2021: $2,009,747Net Income 2021: -$593,4102021Revenue 2022: $1,390,643Expenses 2022: $2,061,415Net Income 2022: -$670,7722022Revenue 2023: $1,933,554Expenses 2023: $2,156,428Net Income 2023: -$222,8742023Revenue 2024: $2,365,632Expenses 2024: $2,195,733Net Income 2024: $169,8992024

Highlighted filing

2015

Revenue$1,193,066
Expenses$1,697,006
Net Income-$503,940
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,193,066
Mission and Program Overview

Mission

Provide housing for the elderly under section 202 of the national housing act and regulated by the us dept. Of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,033,420$4,640,505▼ $392,915
Cash and Non-Interest-Bearing Accounts$195,587$102,043▼ $93,544
Prepaid Expenses and Deferred Charges$22,595$35,434▲ $12,839
Accounts Receivable$8,806$14,980▲ $6,174
Total Assets$6,049,184$5,649,839▼ $399,345
Other Assets Total$788,776$856,877▲ $68,101
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,829,200$10,829,200→ $0
Accounts Payable and Accrued Expenses$219,594$319,466▲ $99,872
Other Liabilities$74,696$79,419▲ $4,723
Total Liabilities$11,123,490$11,228,085▲ $104,595
Net Assets / Fund Balance
Unrestricted Net Assets$-5,074,306$-5,578,246▼ $503,940
Total Net Assets Fund Balance$-5,074,306$-5,578,246▼ $503,940
Total Liabilities and Net Assets / Fund Balance$6,049,184$5,649,839▼ $399,345

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,528,008$6,396,803$10,924,811
Other Land Buildings$36,201$51,353$87,554
Equipment$21,333$59,124$80,457
Land$54,963-$54,963
Other Assets Org$10,000--
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Rev Charles a Curtis EddChairman
Malcolm PunterPresident/ce
Joan O Dawson Phd1st Vice CHA
George H Weldon Jr2nd Vice CHA
Rev Jeffrey M Crenshaw3rd Vice CHA
Iam Izak-el Mueed PashaAssist. Secr
Rev Gwendolyn WattsAssist. Trea
Rev Dr Dedrick L BlueCorp. Secret
Mr Landon DaisMember
Rev Derrick L BoykinMember
Rev Dr Carl L Washington JrMember
Rev Dr Jesse T Williams JrMember
Rev John L ScottMember
Rev Robert B ColemanMember
Rev Shepherd Lee SrMember
Rev Keith William RobersonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Prime Protective INCSecurity Svce26 COURT STREET SUITE 2204, Brooklyn, NY 11242$142,928
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,183,258
Investment Income
$737
Other Revenue
$9,071
Change in Net Assets
$-503,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,193,066
Total Revenue per Audited Statements
$1,193,066
Total Revenue per Form 990
$1,193,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,463,049
Salaries, Compensation, and Employee Benefits$233,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$405,817--$405,817
Occupancy$361,251--$361,251
Other Salaries and Wages$185,038--$185,038
Fees for Services Management$81,450--$81,450
Insurance$58,959--$58,959
Other Expenses$43,609--$43,609
Fees for Services Accounting$35,885--$35,885
Other Employee Benefits$34,476--$34,476
All Other Expenses$25,988--$25,988
Office Expenses$24,064--$24,064
Payroll Taxes$14,443--$14,443
Fees for Services Legal$4,377--$4,377
Total Functional Expenses$1,697,006$0$0$1,697,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,697,006
Total Expenses per Audited Statements$1,697,006
Total Expenses per Form 990$1,697,006
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
Due to Sponsor$46,432
Tenant Security Deposits$32,987
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Reviewed by management and approved by board”

Form 990, Page 6, Part VI, Line 12C

“Members are required to complete compliance agreement and submit annually”

Form 990, Page 6, Part VI, Line 15A

“Survey of comparability data”

Form 990, Page 6, Part VI, Line 15B

“Survey of comparability data”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Victory One Housing Development
EIN
11-3755386
Phone
2122814887
Address
2854 FREDERICK DOUGLASS BLVD, NEW YORK, NY 10039

Signing Officer

Name
Malcolm Punter
Title
President/CEO
Phone
2122814887
Signed
2016-08-15

Organization Details

Principal Officer
Malcolm Punter
Formed
1994
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
7

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt058959
IRS990/InsuranceGrp/TotalAmt058959
IRS990/InvestmentIncomeGrp/ExclusionAmt0737
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0737
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06507280
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05033420
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04640505
IRS990/LandBldgEquipCostOrOtherBssAmt011147785
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010829200
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010829200
IRS990/NetAssetsOrFundBalancesBOYAmt0-5074306
IRS990/NetAssetsOrFundBalancesEOYAmt0-5578246
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0361251
IRS990/OccupancyGrp/TotalAmt0361251
IRS990/OfficeExpensesGrp/ProgramServicesAmt024064
IRS990/OfficeExpensesGrp/TotalAmt024064
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0788776
IRS990/OtherAssetsTotalGrp/EOYAmt0856877
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034476
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034476
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc2SOCIAL SVCS COORDINATOR
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0223721
IRS990/OtherExpensesGrp/ProgramServicesAmt1142928
IRS990/OtherExpensesGrp/ProgramServicesAmt255000
IRS990/OtherExpensesGrp/ProgramServicesAmt343609
IRS990/OtherExpensesGrp/TotalAmt0223721
IRS990/OtherExpensesGrp/TotalAmt1142928
IRS990/OtherExpensesGrp/TotalAmt255000
IRS990/OtherExpensesGrp/TotalAmt343609
IRS990/OtherLiabilitiesGrp/BOYAmt074696
IRS990/OtherLiabilitiesGrp/EOYAmt079419
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt06422
IRS990/OtherRevenueMiscGrp/ExclusionAmt12649
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06422
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12649
IRS990/OtherRevenueTotalAmt09071
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0185038
IRS990/OtherSalariesAndWagesGrp/TotalAmt0185038
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014443
IRS990/PayrollTaxesGrp/TotalAmt014443
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022595
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035434
IRS990/PrincipalOfficerNm0MALCOLM PUNTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01183258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01183258
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0792
IRS990/PYOtherExpensesAmt01327068
IRS990/PYOtherRevenueAmt05358
IRS990/PYProgramServiceRevenueAmt01203369
IRS990/PYRevenuesLessExpensesAmt0-344319
IRS990/PYSalariesCompEmpBnftPaidAmt0226770
IRS990/PYTotalExpensesAmt01553838
IRS990/PYTotalRevenueAmt01209519
IRS990/ReconcilationRevenueExpnssAmt0-503940
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0737
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0494
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0323
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01183258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01203369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01204317
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01204671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01195653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05991268
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt09071
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt05358
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt05353
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt013455
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt04831
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt038068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0737
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0494
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02972
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt06029336
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01192329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01208727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01209670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01218126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01200484
IRS990ScheduleA/Total509Grp/TotalAmt06029336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01193066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01209519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01210296
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01218620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01200807
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06032308
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04528008
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06396803
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010924811
IRS990ScheduleD/EquipmentGrp/BookValueAmt021333
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059124
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080457
IRS990ScheduleD/ExpensesSubtotalAmt01697006
IRS990ScheduleD/LandGrp/BookValueAmt054963
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt054963
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0689646
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1124244
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt232987
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PAYROLL DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036201
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051353
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01193066
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04640505
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0856877
IRS990ScheduleD/TotalExpensesPerForm990Amt01697006
IRS990ScheduleD/TotalLiabilityAmt079419
IRS990ScheduleD/TotalRevenuePerForm990Amt01193066
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01193066
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01697006
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY MANAGEMENT AND APPROVED BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE REQUIRED TO COMPLETE COMPLIANCE AGREEMENT AND SUBMIT ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SURVEY OF COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SURVEY OF COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,649,839
Liabilities
$11,228,085
Net assets
-$5,578,246
Revenue
$1,193,066
Expenses
$1,697,006
Net income
-$503,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$11.5$8.37$2.37$2.20$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.54$12.1$8.53$1.93$2.16$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$11.7$8.31$1.39$2.06$0.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$11.5$7.64$1.42$2.01$0.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$11.6$7.05$1.32$1.79$0.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$11.4$6.58$2.63$2.23$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$11.6$6.99$1.20$1.72$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.91$11.4$6.47$1.20$1.60$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$11.5$6.07$1.20$1.69$0.49
2015Detailed filing. Detailed filing data is available for this year.$5.65$11.2$5.58$1.19$1.70$0.50
2014Summary only. Only limited summary data is available for this year.$6.05$11.1$5.07$1.21$1.55$0.34
2013Summary only. Only limited summary data is available for this year.$6.40$11.1$4.73$1.21$1.51$0.30
2012Summary only. Only limited summary data is available for this year.$6.60$11.0$4.43$1.22$1.53$0.31
2011Summary only. Only limited summary data is available for this year.$6.87$11.0$4.11$1.20$1.47$0.26
2010Summary only. Only limited summary data is available for this year.$7.14$11.0$3.85$1.21$1.42$0.21