Civic Intelligence

Manhattan Beach Housing Development Fund Corp

990 • Fiscal year 2018 • EIN 13-3035718

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 06, 2018

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

94th percentile

1.10x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.37x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

35th percentile

-0.7%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$399,644

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

25th percentile

-3.9%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-9.2%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$7,683,513

Down $308,511 (-3.9%) from 2017

Net Assets

Down

-$772,051

Down $17,854 (-2.4%) from 2017

Liabilities

Down

$8,455,564

Down $290,657 (-3.3%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin35th percentile

Revenue

Down

$2,506,330

Down $254,889 (-9.2%) from 2017

Expenses

Up

$2,524,184

Up $130,871 (+5.5%) from 2017

Net Income

Down

-$17,854

Down $385,760 (-105%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2018

Assets$7,683,513
Liabilities$8,455,564
Net Assets-$772,051
Open 2018 Filing

Operations Trend

Revenue Growth20th 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

2018

Revenue$2,506,330
Expenses$2,524,184
Net Income-$17,854
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$2,506,330
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 older adults, the organization provides affordable housing and social services to low income older adults living independently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,312,117$6,084,528▼ $227,589
Savings and Temporary Cash Investments$837,124$898,253▲ $61,129
Cash and Non-Interest-Bearing Accounts$597,803$424,488▼ $173,315
Prepaid Expenses and Deferred Charges$190,774$193,602▲ $2,828
Accounts Receivable$15,716$43,057▲ $27,341
Total Assets$7,992,024$7,683,513▼ $308,511
Other Assets Total$38,490$39,585▲ $1,095
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,033,011$7,846,966▼ $186,045
Other Liabilities$306,326$306,608▲ $282
Accounts Payable and Accrued Expenses$406,884$301,990▼ $104,894
Total Liabilities$8,746,221$8,455,564▼ $290,657
Net Assets / Fund Balance
Temporarily Rstr Net Assets$246,830$246,830→ $0
Unrestricted Net Assets$-1,001,027$-1,018,881▼ $17,854
Total Net Assets Fund Balance$-754,197$-772,051▼ $17,854
Total Liabilities and Net Assets / Fund Balance$7,992,024$7,683,513▼ $308,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,232,866$9,325,127$14,557,993
Land$594,064-$594,064
Other Land Buildings$203,870-$203,870
Equipment$53,728$100,796$154,524
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleOtherTotal
Rinku BhattacharyaDirector of Finance$149,010$149,010
Savita PanchoosinghController - Housing to 12/2017$146,462$146,462

Board Members and Trustees

NameTitle
Martin SirokaPresident
David HildesVice President
Donald ManningAvp, Asst Treasurer, Asst Secretary
Heidi AroninCAO to 10/18/17
Kathryn HaslangerCEO
Mark R ImowitzSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Yes Contracting INCConstruction12-09 ASTORIA BLVD, Astoria, NY 11102$112,688
Winfield Security CorporationSecurity Services57 WEST 38TH STREET SUITE 501, New York, NY 10018$111,805
Revenue and Support

Revenue Composition

Contributions and Grants
$77,825
Program Service Revenue
$2,372,833
Investment Income
$298
Other Revenue
$55,374
Change in Net Assets
$-17,854

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,506,330
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,506,330
Total Revenue per Form 990
$2,506,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,215,191
Salaries, Compensation, and Employee Benefits$308,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$566,232--$566,232
Depreciation Depletion$532,895--$532,895
Interest$311,853--$311,853
Other Salaries and Wages$226,027--$226,027
Insurance$134,859--$134,859
Fees for Services Management-$108,859-$108,859
Office Expenses$48,322$53,570-$101,892
Other Employee Benefits$66,602--$66,602
Fees for Services Accounting-$50,279-$50,279
Other Expenses$19,056--$19,056
Payroll Taxes$16,364--$16,364
All Other Expenses$1,439$4,780-$6,219
Conferences and Meetings$3,319--$3,319
Fees for Services Legal$280--$280
Fees for Services Other-$241-$241
Total Functional Expenses$2,306,455$217,729$0$2,524,184

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,524,184
Total Expenses per Audited Statements$2,524,184
Total Expenses per Form 990$2,524,184
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$39,585
Prepaid Revenue$1,352
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
Yes
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 and chief operating 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 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 april 2017. The next comprehensive compensation report and review is schedule for the spring of 2019. 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
EIN
13-3035718
Phone
2122735200
Address
247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Donald Manning
Title
Avp, Asst Treas,asst Secretary
Phone
2122735200
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Haslanger
Formed
1978
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
3
Employees
7
Volunteers
3

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
1650 MARKET STREET SUITE 4500, PHILADELPHIA, PA 19103-7341
Preparer
Julius C Green CPA
Phone
2159720701
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation has applied for and received a tax-exemption under section 501(c)(3) of the internal revenue code. There was no unrelated business income for the years ended june 30, 2018 or 2017. 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 internal revenue service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions requiring disclosure.”

Raw XML AppendixShowing 400 of 724 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3AVP, ASST TREASURER, ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CAO TO 10/18/17
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CONTROLLER - HOUSING TO 12/2017
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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/BOYAmt08033011
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07846966
IRS990/NetAssetsOrFundBalancesBOYAmt0-754197
IRS990/NetAssetsOrFundBalancesEOYAmt0-772051
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0566232
IRS990/OccupancyGrp/TotalAmt0566232
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053570
IRS990/OfficeExpensesGrp/ProgramServicesAmt048322
IRS990/OfficeExpensesGrp/TotalAmt0101892
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038490
IRS990/OtherAssetsTotalGrp/EOYAmt039585
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt066602
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066602
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc2ELDERLY CARE EXPENSES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0160935
IRS990/OtherExpensesGrp/ProgramServicesAmt1154360
IRS990/OtherExpensesGrp/ProgramServicesAmt263912
IRS990/OtherExpensesGrp/ProgramServicesAmt319056
IRS990/OtherExpensesGrp/TotalAmt0160935
IRS990/OtherExpensesGrp/TotalAmt1154360
IRS990/OtherExpensesGrp/TotalAmt263912
IRS990/OtherExpensesGrp/TotalAmt319056
IRS990/OtherLiabilitiesGrp/BOYAmt0306326
IRS990/OtherLiabilitiesGrp/EOYAmt0306608
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0USE OF PREMISE & ADMIN
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048299
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048299
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17075
IRS990/OtherRevenueTotalAmt055374
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0226027
IRS990/OtherSalariesAndWagesGrp/TotalAmt0226027
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt016364
IRS990/PayrollTaxesGrp/TotalAmt016364
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0190774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0193602
IRS990/PrincipalOfficerNm0KATHRYN HASLANGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES & LAUND
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02366283
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02366283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0198932
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0191
IRS990/PYOtherExpensesAmt02069767
IRS990/PYOtherRevenueAmt0147696
IRS990/PYProgramServiceRevenueAmt02414400
IRS990/PYRevenuesLessExpensesAmt0367906
IRS990/PYSalariesCompEmpBnftPaidAmt0323546
IRS990/PYTotalExpensesAmt02393313
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02761219
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17854
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02372833
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0837124
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0898253
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INSURANCE PROCEEDS - 2013 AMOUNT: $ 548,342. USE OF PREMISE ADMIN FEE - 2015 AMOUNT: $ 47,488. 2016 AMOUNT: $ 48,189. 2017 AMOUNT: $ 48,299. MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 99,507. 2017 AMOUNT: $ 7,075.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt077825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0198932
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0651910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0718703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt028975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01676345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0298
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02372833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02414400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02367704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02374058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01179809
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010708804
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0298
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0140
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0888
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt055374
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0147696
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt047488
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0548342
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0798900
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93930
IRS990ScheduleA/PublicSupportPY509Pct00.85140
IRS990ScheduleA/PublicSupportTotal509Amt012385149
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02450658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02613332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03019614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03092761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01208784
IRS990ScheduleA/Total509Grp/TotalAmt012385149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02506330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02761219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03067137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03092985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01757266
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013184937
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt05232866
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09325127
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014557993
IRS990ScheduleD/EquipmentGrp/BookValueAmt053728
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0100796
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0154524
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02524184
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0594064
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0594064
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0203870
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0203870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1265671
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02506330
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR AND RECEIVED A TAX-EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2018 OR 2017. 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 INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS REQUIRING DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06084528
IRS990ScheduleD/TotalExpensesPerForm990Amt02524184
IRS990ScheduleD/TotalLiabilityAmt0306608
IRS990ScheduleD/TotalRevenuePerForm990Amt02506330
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02506330
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02524184
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

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$7,683,513
Liabilities
$8,455,564
Net assets
-$772,051
Revenue
$2,506,330
Expenses
$2,524,184
Net income
-$17,854
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
2018Detailed filing. Detailed filing data is available for this year.$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