Civic Intelligence

Victory One Housing Development Fund Corporation

990 • Fiscal year 2018 • EIN 11-3755386

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 02, 2019

Organization ProfileWWW.HCCI.ORG
256 West 153rd StreetNew York, NY 10039

(212) 281-4887

Siviq Scores

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

Liabilities / Assets

98th percentile

2.51x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

9.66x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Net Margin

16th percentile

-43%

Higher net margin than 16% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Asset Growth

18th percentile

-5.6%

Faster asset growth than 18% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

0.4%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$4,635,193

Down $273,694 (-5.6%) from 2017

Net Assets

Down

-$6,986,220

Down $514,615 (-8.0%) from 2017

Liabilities

Up

$11,621,413

Up $240,921 (+2.1%) from 2017

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin16th percentile

Revenue

Up

$1,202,656

Up $4,671 (+0.4%) from 2017

Expenses

Up

$1,717,271

Up $114,156 (+7.1%) from 2017

Net Income

Down

-$514,615

Down $109,485 (-27%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth18th 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

2018

Assets$4,635,193
Liabilities$11,621,413
Net Assets-$6,986,220
Open 2018 Filing

Operations Trend

Revenue Growth41st 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

2018

Revenue$1,202,656
Expenses$1,717,271
Net Income-$514,615
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 2, 2019
Return Version
2018v3.1
Gross Receipts
$1,202,656
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$4,208,977$3,918,452▼ $290,525
Cash and Non-Interest-Bearing Accounts$70,237$18,063▼ $52,174
Prepaid Expenses and Deferred Charges$11,133$10,499▼ $634
Accounts Receivable$8,734$8,223▼ $511
Total Assets$4,908,887$4,635,193▼ $273,694
Other Assets Total$609,806$679,956▲ $70,150
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,829,200$10,829,200→ $0
Accounts Payable and Accrued Expenses$503,911$713,139▲ $209,228
Other Liabilities$43,025$78,597▲ $35,572
Deferred Revenue$4,356$477▼ $3,879
Total Liabilities$11,380,492$11,621,413▲ $240,921
Net Assets / Fund Balance
Unrestricted Net Assets$-6,471,605$-6,986,220▼ $514,615
Total Net Assets Fund Balance$-6,471,605$-6,986,220▼ $514,615
Total Liabilities and Net Assets / Fund Balance$4,908,887$4,635,193▼ $273,694

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,852,926$7,637,897$11,490,823
Equipment$10,563$109,607$120,170
Land$54,963-$54,963
Other Assets Org$10,000--
Compensation and Service Providers
Top Officer Pay49th 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$180,981
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,192,418
Investment Income
$6,969
Other Revenue
$3,269
Change in Net Assets
$-514,615

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,202,656
Total Revenue per Audited Statements
$1,202,656
Total Revenue per Form 990
$1,202,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,431,639
Salaries, Compensation, and Employee Benefits$285,632
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$415,281--$415,281
Occupancy$330,152--$330,152
Other Salaries and Wages$141,321$68,269-$209,590
Fees for Services Management$18,994$80,044-$99,038
Insurance$67,062--$67,062
Other Employee Benefits$57,306--$57,306
Other Expenses$50,128--$50,128
Fees for Services Accounting-$37,007-$37,007
Office Expenses-$22,533-$22,533
All Other Expenses$20,745--$20,745
Payroll Taxes$12,553$6,183-$18,736
Fees for Services Legal$2,351--$2,351
Total Functional Expenses$1,503,235$214,036$0$1,717,271

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,717,271
Total Expenses per Audited Statements$1,717,271
Total Expenses per Form 990$1,717,271
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$32,165
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
256 WEST 153RD STREET, NEW YORK, NY 10039

Signing Officer

Name
Malcolm Punter
Title
President/CEO
Phone
2122814887
Signed
2019-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malcolm Punter
Formed
1994
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
5

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/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01202656
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt067062
IRS990/InsuranceGrp/TotalAmt067062
IRS990/InvestmentIncomeGrp/ExclusionAmt06969
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06969
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07747504
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04208977
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03918452
IRS990/LandBldgEquipCostOrOtherBssAmt011665956
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/NetAssetsOrFundBalancesBOYAmt0-6471605
IRS990/NetAssetsOrFundBalancesEOYAmt0-6986220
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0330152
IRS990/OccupancyGrp/TotalAmt0330152
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022533
IRS990/OfficeExpensesGrp/TotalAmt022533
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0609806
IRS990/OtherAssetsTotalGrp/EOYAmt0679956
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt057306
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057306
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SOCIAL SVCS COORDINATOR
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0180981
IRS990/OtherExpensesGrp/ProgramServicesAmt1146778
IRS990/OtherExpensesGrp/ProgramServicesAmt259583
IRS990/OtherExpensesGrp/ProgramServicesAmt350128
IRS990/OtherExpensesGrp/TotalAmt0180981
IRS990/OtherExpensesGrp/TotalAmt1146778
IRS990/OtherExpensesGrp/TotalAmt259583
IRS990/OtherExpensesGrp/TotalAmt350128
IRS990/OtherLiabilitiesGrp/BOYAmt043025
IRS990/OtherLiabilitiesGrp/EOYAmt078597
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2NSF AND LATE CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt02080
IRS990/OtherRevenueMiscGrp/ExclusionAmt11094
IRS990/OtherRevenueMiscGrp/ExclusionAmt295
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02080
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11094
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt295
IRS990/OtherRevenueTotalAmt03269
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt068269
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0141321
IRS990/OtherSalariesAndWagesGrp/TotalAmt0209590
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06183
IRS990/PayrollTaxesGrp/ProgramServicesAmt012553
IRS990/PayrollTaxesGrp/TotalAmt018736
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011133
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010499
IRS990/PrincipalOfficerNm0MALCOLM PUNTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01192418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01192418
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02265
IRS990/PYOtherExpensesAmt01356808
IRS990/PYOtherRevenueAmt02843
IRS990/PYProgramServiceRevenueAmt01192877
IRS990/PYRevenuesLessExpensesAmt0-405130
IRS990/PYSalariesCompEmpBnftPaidAmt0246307
IRS990/PYTotalExpensesAmt01603115
IRS990/PYTotalRevenueAmt01197985
IRS990/ReconcilationRevenueExpnssAmt0-514615
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0842
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0737
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0792
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01192418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01192877
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01194016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01183258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01203369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05965938
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03269
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt02843
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02971
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt09071
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05358
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt023512
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0842
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0737
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011605
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt05989450
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01195687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01195720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01196987
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01192329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01208727
IRS990ScheduleA/Total509Grp/TotalAmt05989450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01202656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01197985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01197829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01193066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01209519
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06001055
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03852926
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07637897
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011490823
IRS990ScheduleD/EquipmentGrp/BookValueAmt010563
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120170
IRS990ScheduleD/ExpensesSubtotalAmt01717271
IRS990ScheduleD/LandGrp/BookValueAmt054963
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt054963
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0512568
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1125223
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt232165
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PAYROLL DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132165
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01202656
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03918452
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0679956
IRS990ScheduleD/TotalExpensesPerForm990Amt01717271
IRS990ScheduleD/TotalLiabilityAmt078597
IRS990ScheduleD/TotalRevenuePerForm990Amt01202656
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01202656
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01717271
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

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,635,193
Liabilities
$11,621,413
Net assets
-$6,986,220
Revenue
$1,202,656
Expenses
$1,717,271
Net income
-$514,615
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
2018Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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