Civic Intelligence

Manhattan Beach Housing Development Fund Corp

990 • Fiscal year 2017 • EIN 13-3035718

Jul 01, 2016 to Jun 30, 2017 • Filed on May 12, 2018

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

94th percentile

1.09x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

3.17x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$401,165

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

55th percentile

5.6%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-10.0%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$7,992,024

Up $424,195 (+5.6%) from 2016

Net Assets

Up

-$754,197

Up $367,906 (+33%) from 2016

Liabilities

Up

$8,746,221

Up $56,289 (+0.6%) from 2016

Revenue

Down

$2,761,219

Down $305,918 (-10.0%) from 2016

Expenses

Down

$2,393,313

Down $108,060 (-4.3%) from 2016

Net Income

Down

$367,906

Down $197,858 (-35%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$7,992,024
Liabilities$8,746,221
Net Assets-$754,197

Operations Trend

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

2017

Revenue$2,761,219
Expenses$2,393,313
Net Income$367,906
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 12, 2018
Return Version
2016v3.0
Gross Receipts
$2,761,219
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.

As part of jasa's comprehensive network of services for the elderly, the organization provides affordable housing and social services to low income seniors living independently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,830,323$6,312,117▲ $1,481,794
Savings and Temporary Cash Investments$601,052$837,124▲ $236,072
Cash and Non-Interest-Bearing Accounts$554,127$597,803▲ $43,676
Prepaid Expenses and Deferred Charges$187,023$190,774▲ $3,751
Accounts Receivable$13,488$15,716▲ $2,228
Total Assets$7,555,945$7,992,024▲ $436,079
Other Assets Total$1,369,932$38,490▼ $1,331,442
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,211,898$8,033,011▼ $178,887
Accounts Payable and Accrued Expenses$136,781$406,884▲ $270,103
Other Liabilities$329,369$306,326▼ $23,043
Total Liabilities$8,678,048$8,746,221▲ $68,173
Net Assets / Fund Balance
Temporarily Rstr Net Assets$246,830$246,830→ $0
Unrestricted Net Assets$-1,368,933$-1,001,027▲ $367,906
Total Net Assets Fund Balance$-1,122,103$-754,197▲ $367,906
Total Liabilities and Net Assets / Fund Balance$7,555,945$7,992,024▲ $436,079

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,566,396$8,799,388$14,365,784
Land$574,089-$574,089
Equipment$55,882$93,640$149,522
Other Land Buildings$115,750-$115,750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martin SirokaPresident
David HildesVice President
Donald ManningDirector of Housing
Heidi AroninCAO
Kathryn HaslangerCEO
MARK r IMOWITZSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$198,932
Program Service Revenue
$2,414,400
Investment Income
$191
Other Revenue
$147,696
Change in Net Assets
$367,906

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$172,436cost
Total Noncash Contributions1$172,436-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,761,219
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,761,219
Total Revenue per Form 990
$2,761,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,069,767
Salaries, Compensation, and Employee Benefits$323,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$589,120--$589,120
Depreciation Depletion$482,393--$482,393
Interest$319,034--$319,034
Other Salaries and Wages$214,278--$214,278
Insurance$130,200--$130,200
Fees for Services Management-$110,331-$110,331
Other Employee Benefits$93,279--$93,279
Office Expenses$38,871$22,082-$60,953
Fees for Services Accounting-$49,904-$49,904
Payroll Taxes$15,989--$15,989
All Other Expenses$1,378$14,159-$15,537
Other Expenses$14,505--$14,505
Conferences and Meetings$79--$79
Total Functional Expenses$2,196,837$196,476$0$2,393,313

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,393,313
Total Expenses per Audited Statements$2,393,313
Total Expenses per Form 990$2,393,313
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
Residual Receipts Obligation$265,671
Tenant Security Deposits$38,490
Prepaid Revenue$2,165
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
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, director of finance and chief administrative officer and 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 LISTING 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 15A

Each year, compensation of the ceo is reviewed and approved by the compensation committee of the board of a related organization based on comparative data and other information received from public records.

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
EIN
13-3035718
Phone
2122735200
Address
247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Rinku Bhattacharya
Title
Director of Finance
Phone
2122735200
Signed
2018-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Haslanger
Formed
1978
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
6
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
One Penn Plaza Suite 3000, New York, NY 10119
Preparer
Patrick Yu CPA
Phone
2126976900
Supplemental Narrative

Additional Explanations

Form 990, Part X, COLUMN A, LINES 15 AND 23:

In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-03, Simplifying the Presentation of Debt Issuance Costs. The guidance requires that debt issuance costs related to a recognized debt liability be reported on the statements of financial position as a direct deduction from the carrying amount of that debt liability. The guidance is effective for fiscal years and interim periods beginning after December 15, 2015, and is required to be applied retrospectively. Management has adopted ASU 2015-03 and has reclassified debt issuance costs related to existing debt liabilities from assets to liabilities on the statements of financial position, and the related amortization expense to interest expense on the statements of activities. The adoption of ASU 2015-03 did not have a material impact on the Corporation's financial statements.

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 years ended June 30, 2017 or 2016. 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.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt099507
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt148189
IRS990/OtherRevenueTotalAmt0147696
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0214278
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214278
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015989
IRS990/PayrollTaxesGrp/TotalAmt015989
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0187023
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0190774
IRS990/PrincipalOfficerNm0KATHRYN HASLANGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Tenant charges & Laund
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02408398
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02408398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16002
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0651910
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt035
IRS990/PYOtherExpensesAmt02199709
IRS990/PYOtherRevenueAmt047488
IRS990/PYProgramServiceRevenueAmt02367704
IRS990/PYRevenuesLessExpensesAmt0565764
IRS990/PYSalariesCompEmpBnftPaidAmt0301664
IRS990/PYTotalExpensesAmt02501373
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03067137
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0367906
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0172436
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02414400
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0601052
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0837124
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INSURANCE PROCEEDS - 2012 Amount: $ 1,407,845. 2013 Amount: $ 548,342. USE OF PREMISE ADMIN Fee - 2015 Amount: $ 47,488. 2016 Amount: $ 48,189. miscellaneous revenue - 2016 Amount: $ 99,507.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0198932
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0651910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0718703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt051899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01650419
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0806
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02414400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02367704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02374058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01179809
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02342351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010678322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0140
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0806
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0147696
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt047488
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0548342
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01407845
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02151371
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85140
IRS990ScheduleA/PublicSupportPY509Pct00.85770
IRS990ScheduleA/PublicSupportTotal509Amt012328741
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02613332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03019614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03092761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01208784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02394250
IRS990ScheduleA/Total509Grp/TotalAmt012328741
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02761219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03067137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03092985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01757266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03802311
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014480918
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/BookValueAmt05566396
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08799388
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014365784
IRS990ScheduleD/EquipmentGrp/BookValueAmt055882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt093640
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0149522
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02393313
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0574089
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0574089
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0115750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0115750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1265671
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22165
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Prepaid Revenue
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02761219
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 years ended June 30, 2017 or 2016. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06312117
IRS990ScheduleD/TotalExpensesPerForm990Amt02393313
IRS990ScheduleD/TotalLiabilityAmt0306326
IRS990ScheduleD/TotalRevenuePerForm990Amt02761219
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02761219
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02393313
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/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0374512
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1304485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2211183
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt28255
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt119672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03737

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Filings

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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
2017Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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