Civic Intelligence

Asian-American Housing Development Fund Company Inc.

990 • Fiscal year 2018 • EIN 13-3376278

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization ProfileAAFE,ORG
141 Norfolk StNew York, NY 10002

(212) 477-2265

Siviq Scores

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

Liabilities / Assets

60th percentile

0.83x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

4.56x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

64th percentile

$261,039

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Asset Growth

60th percentile

1.7%

Faster asset growth than 60% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

6.4%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$11,027,615

Up $180,842 (+1.7%) from 2017

Net Assets

Up

$1,866,814

Up $190,611 (+11%) from 2017

Liabilities

Down

$9,160,801

Down $9,769 (-0.1%) from 2017

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin68th percentile

Revenue

Up

$2,010,319

Up $120,700 (+6.4%) from 2017

Expenses

Down

$1,759,788

Down $8,060 (-0.5%) from 2017

Net Income

Up

$250,531

Up $128,760 (+106%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$15M$10M$5.0M$0Assets 2010: $8,177,921Liabilities 2010: $8,066,606Net Assets 2010: $111,3152010Assets 2011: $9,723,815Liabilities 2011: $9,254,688Net Assets 2011: $469,1272011Assets 2012: $12,612,467Liabilities 2012: $12,129,377Net Assets 2012: $483,0902012Assets 2013: $12,866,587Liabilities 2013: $12,268,425Net Assets 2013: $598,1622013Assets 2014: $13,618,533Liabilities 2014: $12,243,423Net Assets 2014: $1,375,1102014Assets 2015: $13,593,598Liabilities 2015: $12,180,190Net Assets 2015: $1,413,4082015Assets 2016: $10,545,751Liabilities 2016: $8,973,689Net Assets 2016: $1,572,0622016Assets 2017: $10,846,773Liabilities 2017: $9,170,570Net Assets 2017: $1,676,2032017Assets 2018: $11,027,615Liabilities 2018: $9,160,801Net Assets 2018: $1,866,8142018Assets 2019: $14,408,311Liabilities 2019: $9,167,100Net Assets 2019: $5,241,2112019Assets 2020: $14,535,391Liabilities 2020: $9,148,063Net Assets 2020: $5,387,3282020Assets 2021: $14,209,755Liabilities 2021: $9,120,149Net Assets 2021: $5,089,6062021Assets 2022: $14,073,985Liabilities 2022: $9,366,665Net Assets 2022: $4,707,3202022Assets 2023: $13,467,368Liabilities 2023: $9,132,028Net Assets 2023: $4,335,3402023Assets 2024: $13,447,924Liabilities 2024: $9,115,894Net Assets 2024: $4,332,0302024

Highlighted filing

2018

Assets$11,027,615
Liabilities$9,160,801
Net Assets$1,866,814
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2010: -$803,424Expenses 2010: $1,193,261Net Income 2010: -$1,996,6852010Expenses 2011: $1,152,6252011Revenue 2012: $1,897,200Expenses 2012: $1,883,237Net Income 2012: $13,9632012Revenue 2013: $1,977,404Expenses 2013: $1,862,332Net Income 2013: $115,0722013Revenue 2014: $2,020,700Expenses 2014: $1,992,015Net Income 2014: $28,6852014Revenue 2015: $2,135,149Expenses 2015: $2,043,676Net Income 2015: $91,4732015Revenue 2016: $1,987,796Expenses 2016: $2,004,657Net Income 2016: -$16,8612016Revenue 2017: $1,889,619Expenses 2017: $1,767,848Net Income 2017: $121,7712017Revenue 2018: $2,010,319Expenses 2018: $1,759,788Net Income 2018: $250,5312018Revenue 2019: $2,063,494Expenses 2019: $1,515,728Net Income 2019: $547,7662019Revenue 2020: $2,057,114Expenses 2020: $1,684,743Net Income 2020: $372,3712020Revenue 2021: $2,105,197Expenses 2021: $1,998,679Net Income 2021: $106,5182021Revenue 2022: $2,173,519Expenses 2022: $2,014,439Net Income 2022: $159,0802022Revenue 2023: $2,382,922Expenses 2023: $2,237,923Net Income 2023: $144,9992023Revenue 2024: $2,500,542Expenses 2024: $2,024,585Net Income 2024: $475,9572024

Highlighted filing

2018

Revenue$2,010,319
Expenses$1,759,788
Net Income$250,531
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$2,010,319
Mission and Program Overview

Mission

To acquire, preserve and operate affordable (rental) housing for low to median income families.

Acquires, preserves, and operates affordable rental housing for low to median income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,339,623$5,340,628▲ $1,005
Savings and Temporary Cash Investments$3,381,904--
Cash and Non-Interest-Bearing Accounts$1,069,997$730,827▼ $339,170
Investments Program Related$652,724$592,804▼ $59,920
Prepaid Expenses and Deferred Charges$82,523$92,477▲ $9,954
Accounts Receivable$61,132$37,512▼ $23,620
Total Assets$10,846,773$11,027,615▲ $180,842
Other Assets Total$258,870$4,233,367▲ $3,974,497
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,831,892$8,853,020▲ $21,128
Other Liabilities$161,589$174,711▲ $13,122
Accounts Payable and Accrued Expenses$152,576$105,382▼ $47,194
Deferred Revenue$24,513$27,688▲ $3,175
Total Liabilities$9,170,570$9,160,801▼ $9,769
Net Assets / Fund Balance
Unrestricted Net Assets$1,676,203$1,866,814▲ $190,611
Total Net Assets Fund Balance$1,676,203$1,866,814▲ $190,611
Total Liabilities and Net Assets / Fund Balance$10,846,773$11,027,615▲ $180,842

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,949,889$1,504,515$6,454,404
Land$353,727-$353,727
Equipment$37,012$36,150$73,162
Investment Program Related Org$592,804--
Other Assets Org$51,833--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleOtherTotal
Chris MalliosDirector of Finance and Administration$155,662$155,662
Hsueh Lam YanAssistant Secretary$124,775$124,775
Jennifer SunDirector$108,567$108,567

Board Members and Trustees

NameTitle
Thomas YuPresident
Christopher KuiPresident (outgoing)
Chris MalliosDirector of Finance and Administrati
Jacqueline HueySecretary
PO YuenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,588
Program Service Revenue
$1,504,965
Investment Income
$58,305
Other Revenue
$423,461
All Other Contributions
$23,588
Change in Net Assets
$250,531

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,010,319
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$331,179
Total Revenue per Audited Statements
$2,341,498
Total Revenue per Form 990
$2,010,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,759,788
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$636,829$62,832-$699,661
Occupancy$451,258--$451,258
Depreciation Depletion$172,755--$172,755
Interest$114,868--$114,868
Insurance$103,362--$103,362
Fees for Services Legal-$19,299-$19,299
Fees for Services Other-$15,500-$15,500
Office Expenses$4,588$295-$4,883
Other Expenses$4,775$2,850-$4,775
Advertising-$2,165-$2,165
Total Functional Expenses$1,656,847$102,941$0$1,759,788

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,120,601
Expenses per Audited Statements$1,759,788
Total Expenses per Form 990$1,759,788
Expenses Not Reported on Form 990$360,813
Expenses Not Reported on Financial Statements$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 Payable$145,349
Due to Affiliates$29,362
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
No
Other officer compensation reviewed
No
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 7A

“Asian americans for equality, inc., being the sole member, is entitled to appoint the directors; provided, however, that in the event that additional persons are accepted as members of the corporation pursuant to section 2.2 of the organization's by-laws, the number of directors to be appointed by each member may be reapportioned by a favorable action of the board of directors.”

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

“The following corporate actions may not be taken without the approval of the member: (1) any amendment of or change to the certificate of incorporation or (2) a petition for judicial dissolution; (3) disposing of all, or substantially all, of the assets of the corporation, (4) approval of a plan of merger, (5) authorization of a plan of non-judicial dissolution, or (6) revocation of a voluntary dissolution proceeding. (7) remove any director any time with or without cause by a vote.”

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

“The form 990 is prepared by an independent accountant. At least 7 days prior to filing, the organization distributes a draft form 990 to the board for review. Five days are allowed for feedback, through the board treasurer, before form 990 is finalized and filed. A copy of the filed form 990 is provided to the board for their records.”

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

“Directors and officers are issued with a copy of the current conflict of interest policy on appointment and annually thereafter, directors and officers complete annual declaration to either confirm no conflicts, or identify possible and/or actual conflicts.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public by request to any board member. These documents are maintained at the organization's registered office.”

Filing and Contact Details

Filer

Filer Name
Asian-american Housing Development
EIN
13-3376278
Phone
2124772265
Address
141 NORFOLK ST, NEW YORK, NY 10002

Signing Officer

Name
Thomas Yu
Title
Co-executive Director
Phone
2124772265
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Yu
Formed
1986
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in limited partner's interest -59,920.”

FORM 990, PART XII, LINE 2C:

“The process of overseeing the audit and selection of independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The company believes it had no uncertain tax positions as of december 31, 2018 and 2017 in accordance with accounting standards codification ("asc") topic 740, "income taxes", which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Consolidated entities' revenue 331,179.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Consolidated entities' expenses 360,813.”

Raw XML AppendixShowing 400 of 825 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/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2FILING AND INSPECTION F
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02850
IRS990/OtherExpensesGrp/ProgramServicesAmt0149509
IRS990/OtherExpensesGrp/ProgramServicesAmt111399
IRS990/OtherExpensesGrp/ProgramServicesAmt27504
IRS990/OtherExpensesGrp/ProgramServicesAmt34775
IRS990/OtherExpensesGrp/TotalAmt0149509
IRS990/OtherExpensesGrp/TotalAmt114249
IRS990/OtherExpensesGrp/TotalAmt27504
IRS990/OtherExpensesGrp/TotalAmt34775
IRS990/OtherLiabilitiesGrp/BOYAmt0161589
IRS990/OtherLiabilitiesGrp/EOYAmt0174711
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531339
IRS990/OtherRevenueMiscGrp/Desc0RENTAL RELATED INCOME
IRS990/OtherRevenueMiscGrp/Desc1REAL ESTATE TAXES
IRS990/OtherRevenueMiscGrp/ExclusionAmt013168
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0100693
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100693
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt113168
IRS990/OtherRevenueTotalAmt0113861
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt082523
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt092477
IRS990/PrincipalOfficerNm0THOMAS YU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01504965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01504965
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046760
IRS990/PYOtherExpensesAmt01767848
IRS990/PYOtherRevenueAmt062952
IRS990/PYProgramServiceRevenueAmt01779907
IRS990/PYRevenuesLessExpensesAmt0121771
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01767848
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01889619
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0250531
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0309600
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01605658
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03381904
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2014 AMOUNT: $ 25,878. 2015 AMOUNT: $ 127,403. 2016 AMOUNT: $ 73,873. 2017 AMOUNT: $ 62,952. 2018 AMOUNT: $ 100,693. LAUNDRY WATER SEWER - 2018 AMOUNT: $ 8,939.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023588
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073588
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt058305
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt028965
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0-12056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt048277
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0170251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01504965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01779907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01884958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01969802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01946545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09086177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt058305
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt028965
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0-12056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt048277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0170251
IRS990ScheduleA/InvestmentIncomeCYPct00.01750
IRS990ScheduleA/InvestmentIncomePYPct00.01370
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0109632
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt062952
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt073873
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0127403
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt025878
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0399738
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94140
IRS990ScheduleA/PublicSupportPY509Pct00.94400
IRS990ScheduleA/PublicSupportTotal509Amt09159765
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01528553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01779907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01884958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02019802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01946545
IRS990ScheduleA/Total509Grp/TotalAmt09159765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01696490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01889619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01987796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02135149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02020700
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09729754
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04949889
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01504515
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06454404
IRS990ScheduleD/EquipmentGrp/BookValueAmt037012
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073162
IRS990ScheduleD/ExpensesNotReportedAmt0360813
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01759788
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0592804
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN LIMITED PARTNERSHIP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0353727
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0353727
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0204738
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt188000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2145212
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt33743584
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt451833
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT'S SECURITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESTRICTED RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt0360813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0145349
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0331179
IRS990ScheduleD/RevenueNotReportedAmt0331179
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02010319
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CONSOLIDATED ENTITIES' REVENUE 331,179.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONSOLIDATED ENTITIES' EXPENSES 360,813.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05340628
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04233367
IRS990ScheduleD/TotalBookValueProgramRltdAmt0592804
IRS990ScheduleD/TotalExpensesPerForm990Amt01759788
IRS990ScheduleD/TotalLiabilityAmt0174711
IRS990ScheduleD/TotalRevenuePerForm990Amt02010319
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02341498
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02120601
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/CompensationBasedOnRltdOrgsAmt0257579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1178924
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2144569
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10

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Filings

Displayed year

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

Open filing
Assets
$11,027,615
Liabilities
$9,160,801
Net assets
$1,866,814
Revenue
$2,010,319
Expenses
$1,759,788
Net income
$250,531
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.4$9.12$4.33$2.50$2.02$0.48
2023Detailed filing. Detailed filing data is available for this year.$13.5$9.13$4.34$2.38$2.24$0.14
2022Detailed filing. Detailed filing data is available for this year.$14.1$9.37$4.71$2.17$2.01$0.16
2021Detailed filing. Detailed filing data is available for this year.$14.2$9.12$5.09$2.11$2.00$0.11
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$14.5$9.15$5.39$2.06$1.68$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$9.17$5.24$2.06$1.52$0.55
2018Detailed filing. Detailed filing data is available for this year.$11.0$9.16$1.87$2.01$1.76$0.25
2017Detailed filing. Detailed filing data is available for this year.$10.8$9.17$1.68$1.89$1.77$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$8.97$1.57$1.99$2.00$0.02
2015Detailed filing. Detailed filing data is available for this year.$13.6$12.2$1.41$2.14$2.04$0.09
2014Detailed filing. Detailed filing data is available for this year.$13.6$12.2$1.38$2.02$1.99$0.03
2013Detailed filing. Detailed filing data is available for this year.$12.9$12.3$0.60$1.98$1.86$0.12
2012Summary only. Only limited summary data is available for this year.$12.6$12.1$0.48$1.90$1.88$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.72$9.25$0.47$1.15
2010Summary only. Only limited summary data is available for this year.$8.18$8.07$0.11$0.80$1.19$2.00