Civic Intelligence

Asian-American Housing Development Fund Company Inc.

990 • Fiscal year 2019 • EIN 13-3376278

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

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

46th percentile

0.64x

Higher debt load relative to assets than 46% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

4.44x

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

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Net Margin

75th percentile

27%

Higher net margin than 75% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$227,587

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Asset Growth

91st percentile

31%

Faster asset growth than 91% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

51st percentile

2.6%

Faster revenue growth than 51% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$14,408,311

Up $3,380,696 (+31%) from 2018

Net Assets

Up

$5,241,211

Up $3,374,397 (+181%) from 2018

Liabilities

Up

$9,167,100

Up $6,299 (+0.1%) from 2018

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin75th percentile

Revenue

Up

$2,063,494

Up $53,175 (+2.6%) from 2018

Expenses

Down

$1,515,728

Down $244,060 (-14%) from 2018

Net Income

Up

$547,766

Up $297,235 (+119%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st 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

2019

Assets$14,408,311
Liabilities$9,167,100
Net Assets$5,241,211
Open 2019 Filing

Operations Trend

Revenue Growth51st 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

2019

Revenue$2,063,494
Expenses$1,515,728
Net Income$547,766
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$2,063,494
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$5,340,628$5,215,705▼ $124,923
Investments Program Related$592,804$3,419,435▲ $2,826,631
Cash and Non-Interest-Bearing Accounts$730,827$1,094,709▲ $363,882
Prepaid Expenses and Deferred Charges$92,477$94,970▲ $2,493
Accounts Receivable$37,512$26,363▼ $11,149
Total Assets$11,027,615$14,408,311▲ $3,380,696
Other Assets Total$4,233,367$4,557,129▲ $323,762
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,853,020$8,822,782▼ $30,238
Other Liabilities$174,711$178,222▲ $3,511
Accounts Payable and Accrued Expenses$105,382$142,216▲ $36,834
Deferred Revenue$27,688$23,880▼ $3,808
Total Liabilities$9,160,801$9,167,100▲ $6,299
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,866,814$5,241,211▲ $3,374,397
Total Net Assets Fund Balance$1,866,814$5,241,211▲ $3,374,397
Total Liabilities and Net Assets / Fund Balance$11,027,615$14,408,311▲ $3,380,696

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,833,025$1,672,470$6,505,495
Land$353,727-$353,727
Equipment$28,953$48,089$77,042
Investment Program Related Org$3,419,435--
Other Assets Org$4,102,855--
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleOtherTotal
Hsueh Lam YanAssistant Secretary$121,651$121,651

Board Members and Trustees

NameTitle
Thomas YuPresident
Jennifer SunDirector
Chris MalliosDirector of Finance and Ad
Jacqueline HueySecretary
PO YuenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,588
Program Service Revenue
$1,633,477
Investment Income
$69,144
Other Revenue
$337,285
All Other Contributions
$23,588
Change in Net Assets
$547,766

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,063,494
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$338,559
Total Revenue per Audited Statements
$2,402,053
Total Revenue per Form 990
$2,063,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,515,728
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$427,587$79,420-$507,007
Occupancy$407,713--$407,713
Depreciation Depletion$179,894--$179,894
Interest$114,366--$114,366
Insurance$105,381--$105,381
Fees for Services Other-$18,792-$18,792
Fees for Services Legal-$9,265-$9,265
Other Expenses$5,063$286-$5,063
Advertising-$4,200-$4,200
Office Expenses$3,359$15-$3,374
Total Functional Expenses$1,403,336$112,392$0$1,515,728

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,890,518
Expenses per Audited Statements$1,515,728
Total Expenses per Form 990$1,515,728
Expenses Not Reported on Form 990$374,790
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$154,724
Due to Affiliates$23,498
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 6

“The sole member of the organization is asian americans for equality, inc.”

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
2020-11-16
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 2,826,631.”

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, 2019 and 2018 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 338,559.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Consolidated entities' expenses 374,790.”

Raw XML AppendixShowing 400 of 809 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/TotalAmt116406
IRS990/OtherExpensesGrp/TotalAmt211290
IRS990/OtherExpensesGrp/TotalAmt35063
IRS990/OtherLiabilitiesGrp/BOYAmt0174711
IRS990/OtherLiabilitiesGrp/EOYAmt0178222
IRS990/OtherRevenueMiscGrp/Desc0REAL ESTATE TAXES
IRS990/OtherRevenueMiscGrp/ExclusionAmt012510
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012510
IRS990/OtherRevenueTotalAmt012510
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt092477
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt094970
IRS990/PrincipalOfficerNm0THOMAS YU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01633477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01633477
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt023588
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt058305
IRS990/PYOtherExpensesAmt01759788
IRS990/PYOtherRevenueAmt0423461
IRS990/PYProgramServiceRevenueAmt01504965
IRS990/PYRevenuesLessExpensesAmt0250531
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01759788
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02010319
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0547766
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0324775
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01633477
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2015 AMOUNT: $ 127,403. 2016 AMOUNT: $ 73,873. 2017 AMOUNT: $ 62,952. 2018 AMOUNT: $ 100,693. LAUNDRY WATER SEWER - REAL ESTATE TAXES - 2018 AMOUNT: $ 13,168. 2019 AMOUNT: $ 12,510.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023588
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt023588
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt097176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0393919
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0367905
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028965
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0-12056
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0825493
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01633477
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01504965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01779907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01884958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01969802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08773109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0393919
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0367905
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028965
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0-12056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0825493
IRS990ScheduleA/InvestmentIncomeCYPct00.08180
IRS990ScheduleA/InvestmentIncomePYPct00.01750
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt012510
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0113861
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt062952
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt073873
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0127403
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0390599
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87940
IRS990ScheduleA/PublicSupportPY509Pct00.94140
IRS990ScheduleA/PublicSupportTotal509Amt08870285
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01657065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01528553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01779907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01884958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02019802
IRS990ScheduleA/Total509Grp/TotalAmt08870285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02063494
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02010319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01889619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01987796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02135149
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010086377
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04833025
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01672470
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06505495
IRS990ScheduleD/EquipmentGrp/BookValueAmt028953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048089
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077042
IRS990ScheduleD/ExpensesNotReportedAmt0374790
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01515728
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03419435
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN LIMITED PARTNERSHIP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0353727
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0353727
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0221550
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt178000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2154724
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt34102855
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT'S SECURITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESTRICTED RESERVES
IRS990ScheduleD/OtherExpensesIncludedAmt0374790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0154724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0338559
IRS990ScheduleD/RevenueNotReportedAmt0338559
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02063494
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2019 AND 2018 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 338,559.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONSOLIDATED ENTITIES' EXPENSES 374,790.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05215705
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04557129
IRS990ScheduleD/TotalBookValueProgramRltdAmt03419435
IRS990ScheduleD/TotalExpensesPerForm990Amt01515728
IRS990ScheduleD/TotalLiabilityAmt0178222
IRS990ScheduleD/TotalRevenuePerForm990Amt02063494
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02402053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01890518
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/CompensationBasedOnRltdOrgsAmt0189286
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1209121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2152194
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/DeferredCompRltdOrgsAmt03980
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt13801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt22833
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt034321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt14740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt218201
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,408,311
Liabilities
$9,167,100
Net assets
$5,241,211
Revenue
$2,063,494
Expenses
$1,515,728
Net income
$547,766
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
2019Detailed filing. Detailed filing data is available for this year.$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