Civic Intelligence

Manhattan Beach Housing Development Fund Corp

990 • Fiscal year 2020 • EIN 13-3035718

Jul 01, 2019 to Jun 30, 2020 • Filed on May 04, 2021

Organization ProfileWWW.JASA.ORG
247 West 37th Street 9th FloorNew York, NY 10018

(212) 273-5200

Siviq Scores

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

Liabilities / Assets

95th percentile

1.15x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

3.00x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

33rd percentile

-1.4%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$432,706

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

8th percentile

-9.1%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

0.9%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$6,711,624

Down $673,684 (-9.1%) from 2019

Net Assets

Down

-$987,431

Down $35,478 (-3.7%) from 2019

Liabilities

Down

$7,699,055

Down $638,206 (-7.7%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin33rd percentile

Revenue

Up

$2,570,530

Up $21,885 (+0.9%) from 2019

Expenses

Down

$2,606,008

Down $122,539 (-4.5%) from 2019

Net Income

Up

-$35,478

Up $144,424 (+80%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $6,275,675Liabilities 2010: $9,157,103Net Assets 2010: -$2,881,4282010Assets 2011: $6,049,997Liabilities 2011: $9,026,793Net Assets 2011: -$2,976,7962011Assets 2012: $5,861,252Liabilities 2012: $9,571,757Net Assets 2012: -$3,710,5052012Assets 2013: $7,748,677Liabilities 2013: $10,152,671Net Assets 2013: -$2,403,9942013Assets 2014: $7,420,024Liabilities 2014: $9,510,168Net Assets 2014: -$2,090,1442014Assets 2015: $7,040,119Liabilities 2015: $8,727,986Net Assets 2015: -$1,687,8672015Assets 2016: $7,567,829Liabilities 2016: $8,689,932Net Assets 2016: -$1,122,1032016Assets 2017: $7,992,024Liabilities 2017: $8,746,221Net Assets 2017: -$754,1972017Assets 2018: $7,683,513Liabilities 2018: $8,455,564Net Assets 2018: -$772,0512018Assets 2019: $7,385,308Liabilities 2019: $8,337,261Net Assets 2019: -$951,9532019Assets 2020: $6,711,624Liabilities 2020: $7,699,055Net Assets 2020: -$987,4312020Assets 2021: $6,609,284Liabilities 2021: $7,753,738Net Assets 2021: -$1,144,4542021

Highlighted filing

2020

Assets$6,711,624
Liabilities$7,699,055
Net Assets-$987,431
Open 2020 Filing

Operations Trend

Revenue Growth47th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,451,1262010Revenue 2011: $2,372,203Expenses 2011: $2,467,571Net Income 2011: -$95,3682011Revenue 2012: $2,367,266Expenses 2012: $3,100,975Net Income 2012: -$733,7092012Revenue 2013: $4,102,311Expenses 2013: $2,795,800Net Income 2013: $1,306,5112013Revenue 2014: $1,757,266Expenses 2014: $1,443,416Net Income 2014: $313,8502014Revenue 2015: $3,092,985Expenses 2015: $2,690,708Net Income 2015: $402,2772015Revenue 2016: $3,067,137Expenses 2016: $2,501,373Net Income 2016: $565,7642016Revenue 2017: $2,761,219Expenses 2017: $2,393,313Net Income 2017: $367,9062017Revenue 2018: $2,506,330Expenses 2018: $2,524,184Net Income 2018: -$17,8542018Revenue 2019: $2,548,645Expenses 2019: $2,728,547Net Income 2019: -$179,9022019Revenue 2020: $2,570,530Expenses 2020: $2,606,008Net Income 2020: -$35,4782020Revenue 2021: $2,520,984Expenses 2021: $2,678,007Net Income 2021: -$157,0232021

Highlighted filing

2020

Revenue$2,570,530
Expenses$2,606,008
Net Income-$35,478
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 4, 2021
Return Version
2019v5.2
Gross Receipts
$2,570,530
Mission and Program Overview

Mission

As part of the jasa's comprehensive network of services for older adults, manhattan beach housing development fund corporation provides affordable housing and social services to low income older adults living independently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,687,912$5,265,390▼ $422,522
Savings and Temporary Cash Investments$980,295$760,413▼ $219,882
Cash and Non-Interest-Bearing Accounts$453,335$438,389▼ $14,946
Prepaid Expenses and Deferred Charges$194,325$194,125▼ $200
Accounts Receivable$28,900$12,676▼ $16,224
Total Assets$7,385,308$6,711,624▼ $673,684
Other Assets Total$40,541$40,631▲ $90
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,653,481$7,452,251▼ $201,230
Accounts Payable and Accrued Expenses$245,456$159,848▼ $85,608
Other Liabilities$434,445$84,979▼ $349,466
Deferred Revenue$3,879$1,977▼ $1,902
Total Liabilities$8,337,261$7,699,055▼ $638,206
Net Assets / Fund Balance
Net Assets With Donor Restrictions$246,830$246,700▼ $130
Net Assets Without Donor Restrictions$-1,198,783$-1,234,131▼ $35,348
Total Net Assets Fund Balance$-951,953$-987,431▼ $35,478
Total Liabilities and Net Assets / Fund Balance$7,385,308$6,711,624▼ $673,684

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,365,084$10,407,069$14,772,153
Land$789,289-$789,289
Equipment$57,059$104,959$162,018
Other Land Buildings$53,958$9,704$63,662
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Martin SirokaPresident
Alan CohenTrustee
Kathryn HaslangerCEO
Tracy WelshCOO
Mark R ImowitzOutgoing Secretary/treasurer
David HildesOutgoing VP
Donald ManningVP/asst. Treasurer, Asst.

Highest Paid Contractors

ContractorServicesLocationCompensation
Winfield Security CorporationSecurity Services57 WEST 38TH STREET SUITE 501, New York, NY 10018$183,018
Jasa Housing Management Services For TheManagement Services247 WEST 37TH ST 9TH FL, New York, NY 10018$148,794
Revenue and Support

Revenue Composition

Contributions and Grants
$37,628
Program Service Revenue
$2,481,650
Investment Income
$391
Other Revenue
$50,861
Change in Net Assets
$-35,478

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,570,530
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,570,530
Total Revenue per Form 990
$2,570,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,298,059
Salaries, Compensation, and Employee Benefits$307,949
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$552,633--$552,633
Occupancy$550,401--$550,401
Interest$296,173--$296,173
Other Salaries and Wages$234,925--$234,925
Fees for Services Management-$148,794-$148,794
Insurance$148,502--$148,502
Office Expenses$79,270--$79,270
Other Expenses$58,689--$58,689
Other Employee Benefits$55,875--$55,875
Fees for Services Accounting-$51,491-$51,491
Payroll Taxes$17,149--$17,149
All Other Expenses$6,166$147-$6,313
Fees for Services Other$1,170--$1,170
Fees for Services Legal$1,095--$1,095
Total Functional Expenses$2,405,576$200,432$0$2,606,008

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,606,008
Total Expenses per Audited Statements$2,606,008
Total Expenses per Form 990$2,606,008
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$40,437
Residual Receipts Obligation$22,761
Due to Due From$21,781
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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

“The organization's sole member is jasa corp.”

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

“The organization's sole member, jasa corp, elects all of the organization's trustees.”

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

“As sole member, jasa corp reserves the right to decide upon certain governance decisions.”

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

“The form 990 is reviewed by the controller with the vp of finance and chief operating officer then it is provided to the board prior to filing with the irs”

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

“On an annual basis, the conflict of interest policy statement is sent to the board along with a list of vendors, service providers, employees, etc. The form must be signed and returned to the respective committee of the board the forms are reviewed and kept on file.”

Form 990, Part VI, Section B, Line 15

“Each year, compensation of the ceo and other key employees are reviewed by the compensation committee of the board of a related organization every two years, an external consultant or firm is engaged to provide a comparative salary and compensation data report for full salary reviews and approvals for the ceo and key employee roles the first compensation report was prepared in 2014-2015. The last comprehensive compensation report and review was in 2019. The next comprehensive compensation report and review is schedule for the spring of 2021 documentation is maintained of salary reviews.”

Form 990, Part VI, Section C, Line 19

“The corporation's audited financial statements are available on the website. All other governing documents and conflict of interest policies are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Manhattan Beach Housing Development
EIN
13-3035718
Phone
2122735200
Address
247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Kathryn Haslanger
Title
CEO
Phone
2122735200
Signed
2021-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Haslanger
Formed
1978
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
1
Employees
6
Volunteers
3

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The company 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, 2020. Due to its tax-exempt status, the company is not subject to income taxes. The company 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 company has no other tax positions which must be considered for disclosure. Income tax returns filed by the company are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2017 remain open.”

Raw XML AppendixShowing 400 of 720 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/ActivityOrMissionDesc0AS PART OF THE JASA'S COMPREHENSIVE NETWORK OF SERVICES FOR OLDER ADULTS, MANHATTAN BEACH HOUSING DEVELOPMENT FUND CORPORATION PROVIDES AFFORDABLE HOUSING AND SOCIAL SERVICES TO LOW INCOME OLDER ADULTS LIVING INDEPENDENTLY.
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AS PART OF THE JASA'S COMPREHENSIVE NETWORK OF SERVICES FOR OLDER ADULTS, MANHATTAN BEACH HOUSING DEVELOPMENT FUND CORPORATION PROVIDES AFFORDABLE HOUSING AND SOCIAL SERVICES TO LOW INCOME OLDER ADULTS LIVING INDEPENDENTLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07653481
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07452251
IRS990/NetAssetsOrFundBalancesBOYAmt0-951953
IRS990/NetAssetsOrFundBalancesEOYAmt0-987431
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1198783
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1234131
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0550401
IRS990/OccupancyGrp/TotalAmt0550401
IRS990/OfficeExpensesGrp/ProgramServicesAmt079270
IRS990/OfficeExpensesGrp/TotalAmt079270
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040541
IRS990/OtherAssetsTotalGrp/EOYAmt040631
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt055875
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055875
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONTRACTS
IRS990/OtherExpensesGrp/Desc3ELDERLY CARE EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0184289
IRS990/OtherExpensesGrp/ProgramServicesAmt1111708
IRS990/OtherExpensesGrp/ProgramServicesAmt2107531
IRS990/OtherExpensesGrp/ProgramServicesAmt358689
IRS990/OtherExpensesGrp/TotalAmt0184289
IRS990/OtherExpensesGrp/TotalAmt1111708
IRS990/OtherExpensesGrp/TotalAmt2107531
IRS990/OtherExpensesGrp/TotalAmt358689
IRS990/OtherLiabilitiesGrp/BOYAmt0434445
IRS990/OtherLiabilitiesGrp/EOYAmt084979
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0ADMIN FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050861
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050861
IRS990/OtherRevenueTotalAmt050861
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0234925
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234925
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017149
IRS990/PayrollTaxesGrp/TotalAmt017149
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0194325
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0194125
IRS990/PrincipalOfficerNm0KATHRYN HASLANGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES & LAUND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02473577
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02473577
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18073
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt035791
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0460
IRS990/PYOtherExpensesAmt02417113
IRS990/PYOtherRevenueAmt049521
IRS990/PYProgramServiceRevenueAmt02462873
IRS990/PYRevenuesLessExpensesAmt0-179902
IRS990/PYSalariesCompEmpBnftPaidAmt0311434
IRS990/PYTotalExpensesAmt02728547
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02548645
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-35478
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02532511
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0980295
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0760413
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ADMIN FEE - 2015 AMOUNT: $ 47,488. 2016 AMOUNT: $ 48,189. 2017 AMOUNT: $ 48,299. 2018 AMOUNT: $ 49,318. 2019 AMOUNT: $ 50,861. MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 99,507. 2017 AMOUNT: $ 7,075. 2018 AMOUNT: $ 203. 2019 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037628
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt035791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0198932
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0651910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01002086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0460
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0298
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02481650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02462873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02372833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02414400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02367704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012099460
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0460
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0298
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01375
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt050861
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt049521
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt055374
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0147696
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt047488
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0350940
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97380
IRS990ScheduleA/PublicSupportPY509Pct00.97840
IRS990ScheduleA/PublicSupportTotal509Amt013101546
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02519278
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02498664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02450658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02613332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03019614
IRS990ScheduleA/Total509Grp/TotalAmt013101546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02570530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02548645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02506330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02761219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03067137
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013453861
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04365084
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010407069
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014772153
IRS990ScheduleD/EquipmentGrp/BookValueAmt057059
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104959
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0162018
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02606008
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0789289
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0789289
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt053958
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09704
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt063662
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt221781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO DUE FROM
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02570530
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY 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, 2020. DUE TO ITS TAX-EXEMPT STATUS, THE COMPANY IS NOT SUBJECT TO INCOME TAXES. THE COMPANY 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 COMPANY HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2017 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05265390
IRS990ScheduleD/TotalExpensesPerForm990Amt02606008
IRS990ScheduleD/TotalLiabilityAmt084979
IRS990ScheduleD/TotalRevenuePerForm990Amt02570530
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02570530
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02606008
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/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,711,624
Liabilities
$7,699,055
Net assets
-$987,431
Revenue
$2,570,530
Expenses
$2,606,008
Net income
-$35,478
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$7.75$1.14$2.52$2.68$0.16
2020Detailed filing. Detailed filing data is available for this year.$6.71$7.70$0.99$2.57$2.61$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.39$8.34$0.95$2.55$2.73$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.68$8.46$0.77$2.51$2.52$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.99$8.75$0.75$2.76$2.39$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.57$8.69$1.12$3.07$2.50$0.57
2015Detailed filing. Detailed filing data is available for this year.$7.04$8.73$1.69$3.09$2.69$0.40
2014Summary only. Only limited summary data is available for this year.$7.42$9.51$2.09$1.76$1.44$0.31
2013Detailed filing. Detailed filing data is available for this year.$7.75$10.2$2.40$4.10$2.80$1.31
2012Summary only. Only limited summary data is available for this year.$5.86$9.57$3.71$2.37$3.10$0.73
2011Summary only. Only limited summary data is available for this year.$6.05$9.03$2.98$2.37$2.47$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$9.16$2.88$2.45