Civic Intelligence

Westbourne Housing Development Fund Company Inc

990 • Fiscal year 2020 • EIN 13-3394231

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

Organization ProfileWWW.WSFSSH.ORG
2345 BroadwayNew York, NY 10024

(212) 721-6032

Siviq Scores

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

Liabilities / Assets

45th percentile

0.63x

Higher debt load relative to assets than 45% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

3.61x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Net Margin

64th percentile

7.8%

Higher net margin than 64% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$256,931

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Asset Growth

40th percentile

-1.1%

Faster asset growth than 40% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

4.5%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$7,616,159

Down $84,212 (-1.1%) from 2019

Net Assets

Up

$2,835,691

Up $47,824 (+1.7%) from 2019

Liabilities

Down

$4,780,468

Down $132,036 (-2.7%) from 2019

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin64th percentile

Revenue

Up

$1,322,921

Up $57,472 (+4.5%) from 2019

Expenses

Down

$1,219,670

Down $42,929 (-3.4%) from 2019

Net Income

Up

$103,251

Up $100,401 (+3523%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$10M$5.0M$0Assets 2011: $7,401,568Liabilities 2011: $4,827,038Net Assets 2011: $2,574,5302011Assets 2012: $7,727,336Liabilities 2012: $5,014,674Net Assets 2012: $2,712,6622012Assets 2013: $8,573,390Liabilities 2013: $5,898,407Net Assets 2013: $2,674,9832013Assets 2014: $8,113,723Liabilities 2014: $5,414,477Net Assets 2014: $2,699,2462014Assets 2015: $8,014,821Liabilities 2015: $5,287,574Net Assets 2015: $2,727,2472015Assets 2016: $7,844,734Liabilities 2016: $5,077,752Net Assets 2016: $2,766,9822016Assets 2017: $7,740,914Liabilities 2017: $4,979,483Net Assets 2017: $2,761,4312017Assets 2018: $7,827,743Liabilities 2018: $4,974,505Net Assets 2018: $2,853,2382018Assets 2019: $7,700,371Liabilities 2019: $4,912,504Net Assets 2019: $2,787,8672019Assets 2020: $7,616,159Liabilities 2020: $4,780,468Net Assets 2020: $2,835,6912020Assets 2021: $7,642,119Liabilities 2021: $4,895,575Net Assets 2021: $2,746,5442021Assets 2022: $7,744,773Liabilities 2022: $5,002,743Net Assets 2022: $2,742,0302022Assets 2023: $8,181,292Liabilities 2023: $5,732,373Net Assets 2023: $2,448,9192023Assets 2024: $8,374,749Liabilities 2024: $6,542,544Net Assets 2024: $1,832,2052024

Highlighted filing

2020

Assets$7,616,159
Liabilities$4,780,468
Net Assets$2,835,691
Open 2020 Filing

Operations Trend

Revenue Growth69th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $895,5272011Revenue 2012: $1,162,434Expenses 2012: $1,024,302Net Income 2012: $138,1322012Revenue 2013: $1,047,889Expenses 2013: $1,085,568Net Income 2013: -$37,6792013Revenue 2014: $1,113,882Expenses 2014: $1,089,619Net Income 2014: $24,2632014Revenue 2015: $1,280,491Expenses 2015: $1,252,490Net Income 2015: $28,0012015Revenue 2016: $1,297,927Expenses 2016: $1,236,031Net Income 2016: $61,8962016Revenue 2017: $1,272,258Expenses 2017: $1,268,036Net Income 2017: $4,2222017Revenue 2018: $1,424,061Expenses 2018: $1,330,579Net Income 2018: $93,4822018Revenue 2019: $1,265,449Expenses 2019: $1,262,599Net Income 2019: $2,8502019Revenue 2020: $1,322,921Expenses 2020: $1,219,670Net Income 2020: $103,2512020Revenue 2021: $1,407,985Expenses 2021: $1,497,132Net Income 2021: -$89,1472021Revenue 2022: $1,409,398Expenses 2022: $1,413,912Net Income 2022: -$4,5142022Revenue 2023: $1,440,065Expenses 2023: $1,733,176Net Income 2023: -$293,1112023Revenue 2024: $1,327,815Expenses 2024: $1,944,529Net Income 2024: -$616,7142024

Highlighted filing

2020

Revenue$1,322,921
Expenses$1,219,670
Net Income$103,251
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.1
Gross Receipts
$1,322,921
Mission and Program Overview

Mission

A not-for-profit housing development corporation committed to developing, operating and managing housing for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,197,835$6,044,264▼ $153,571
Savings and Temporary Cash Investments$113,362$96,306▼ $17,056
Accounts Receivable$44,709$72,945▲ $28,236
Prepaid Expenses and Deferred Charges$14,286$17,816▲ $3,530
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$7,700,371$7,616,159▼ $84,212
Other Assets Total$1,330,179$1,384,828▲ $54,649
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,665,028$4,665,028→ $0
Accounts Payable and Accrued Expenses$49,320$70,411▲ $21,091
Other Liabilities$191,128$36,102▼ $155,026
Deferred Revenue$7,028$8,927▲ $1,899
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,912,504$4,780,468▼ $132,036
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,787,867$2,835,691▲ $47,824
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,787,867$2,835,691▲ $47,824
Total Liabilities and Net Assets / Fund Balance$7,700,371$7,616,159▼ $84,212

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,154,274$1,188,765$5,343,039
Land$1,850,000-$1,850,000
Equipment$39,990$461,750$501,740
Other Assets Org$12,162--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleOtherTotal
Dan DrosinAssistant Vice President$131,762$131,762
Jennifer SteinbergAssistant Secretary$118,331$118,331

Board Members and Trustees

NameTitle
Mr Sheldon J FinePresident
Mr Paul R FreitagVice President
Claire HilgerSecretary
Nanda WinTreasurer
Ms Laura M TavorminaTreasurer (through 5/2020)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,302,561
Investment Income
$20,360
Other Revenue
$0
Change in Net Assets
$103,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$700,265
Salaries, Compensation, and Employee Benefits$519,405
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,263--$399,263
Depreciation Depletion$161,722--$161,722
Fees for Services Management-$97,458-$97,458
Other Employee Benefits$76,040--$76,040
Insurance$60,524--$60,524
Office Expenses$53,202--$53,202
Payroll Taxes$33,590--$33,590
Fees for Services Legal$31,495--$31,495
All Other Expenses$22,467--$22,467
Fees for Services Other$18,363--$18,363
Information Technology$14,380--$14,380
Other Expenses$14,071--$0
Pension Plan Contributions$10,512--$10,512
Fees for Services Accounting-$8,755-$8,755
Travel$164--$164
Total Functional Expenses$1,113,457$106,213$0$1,219,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$23,940
Tenant Security Payable$12,162
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 Part VI, Section B, Line 11A

“The form 990 is distributed to the full board of directors for their review and approval prior to filing.”

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

“The conflict-of-interest statements are distributed for completion to all directors and officers annually. All statements are reviewed by the entire board and maintained by the vice-president.”

Form 990, Part VI, Section B, Line 15B

“Neither the vice-president nor the treasurer is compensated by the filing organization. However, both are compensated by a related organization, west side federation for senior & supportive housing inc., which is a controlling entity of the filing organization.”

Form 990, Part VI, Section C, Line 19

“The organization makes the following governance documents available for public inspection upon request: 1. Articles of incorporation 2. By-laws 3. Irs determination letter 4. Conflict-of-interest policy 5. Audited consolidated financial statements 6. Form 990”

Filing and Contact Details

Filer

Filer Name
Westbourne Housing Development
EIN
13-3394231
In Care Of
% WSFSSH C/O NANDA WIN
Phone
2127216032
Address
2345 Broadway, New York, NY 10024

Signing Officer

Name
Paul Freitag
Title
Vice President
Phone
2127216032
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Freitag Vice President
Formed
1987
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Eisneramper Llp
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Candice Meth
Phone
2129498700
Supplemental Narrative

Additional Explanations

FORM 990, PART IX, LINE 7:

“THERE ARE NO EMPLOYEES REPORTED ON IRS FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS (SEE PART V LINE 2 (A)) BECAUSE THE PAYROLL FUNCTION OF THE FILING ORGANIZATION IS PROVIDED BY A RELATED NOT-FOR-PROFIT ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC. (SEE SCHEDULE R PART V). THE salaries and wages reported in Form 990 Part IX line 7 represents the allocated salaries and wages of the 83 employees that worked for the filing organization DURING THE REPORTING PERIOD.”

Form 990, Part XI, Line 9

“Loss on uncollectible receivables of $55,427.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The Organization is subject to the provisions of the Financial Accounting Standards Board's (The "FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes," relating to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, management believes ASC TOPIC 740 has not had, and is not expected to have, a material impact on its consolidated financial statements.”

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt06044264
IRS990/LandBldgEquipCostOrOtherBssAmt07694779
IRS990/LegalDomicileStateCd0NY
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04665028
IRS990/NetAssetsOrFundBalancesBOYAmt02787867
IRS990/NetAssetsOrFundBalancesEOYAmt02835691
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02787867
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02835691
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt053202
IRS990/OfficeExpensesGrp/TotalAmt053202
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01330179
IRS990/OtherAssetsTotalGrp/EOYAmt01384828
IRS990/OtherChangesInNetAssetsAmt0-55427
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt076040
IRS990/OtherEmployeeBenefitsGrp/TotalAmt076040
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINT & REPAIR
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3SOCIAL & RECREATIONAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0122968
IRS990/OtherExpensesGrp/ProgramServicesAmt194696
IRS990/OtherExpensesGrp/ProgramServicesAmt214071
IRS990/OtherExpensesGrp/TotalAmt0122968
IRS990/OtherExpensesGrp/TotalAmt194696
IRS990/OtherExpensesGrp/TotalAmt214071
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt0191128
IRS990/OtherLiabilitiesGrp/EOYAmt036102
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0399263
IRS990/OtherSalariesAndWagesGrp/TotalAmt0399263
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt033590
IRS990/PayrollTaxesGrp/TotalAmt033590
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010512
IRS990/PensionPlanContributionsGrp/TotalAmt010512
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014286
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017816
IRS990/PrincipalOfficerNm0PAUL FREITAG VICE PRESIDENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1REFRIGERATION AND AIR CONDITION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01300413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12148
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01300413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12148
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt024138
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0750504
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01241311
IRS990/PYRevenuesLessExpensesAmt02850
IRS990/PYSalariesCompEmpBnftPaidAmt0512095
IRS990/PYTotalExpensesAmt01262599
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01265449
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0103251
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01302561
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0113362
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096306
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0125000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020360
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07381
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt075969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01302561
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01241311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01287042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01260187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01290546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06381647
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020360
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt075969
IRS990ScheduleA/InvestmentIncomeCYPct00.01154
IRS990ScheduleA/InvestmentIncomePYPct00.01095
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98846
IRS990ScheduleA/PublicSupportPY509Pct00.98905
IRS990ScheduleA/PublicSupportTotal509Amt06506647
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01302561
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01241311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01412042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01260187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01290546
IRS990ScheduleA/Total509Grp/TotalAmt06506647
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01322921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01265449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01424061
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01272258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01297927
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06582616
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04154274
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01188765
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05343039
IRS990ScheduleD/EquipmentGrp/BookValueAmt039990
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0461750
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0501740
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01850000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01850000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01364268
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18398
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt212162
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES IN ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS - TENANTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is subject to the provisions of the Financial Accounting Standards Board's (The "FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes," relating to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, management believes ASC TOPIC 740 has not had, and is not expected to have, a material impact on its consolidated financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06044264
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01384828

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$7,616,159
Liabilities
$4,780,468
Net assets
$2,835,691
Revenue
$1,322,921
Expenses
$1,219,670
Net income
$103,251
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.37$6.54$1.83$1.33$1.94$0.62
2023Detailed filing. Detailed filing data is available for this year.$8.18$5.73$2.45$1.44$1.73$0.29
2022Detailed filing. Detailed filing data is available for this year.$7.74$5.00$2.74$1.41$1.41$0.00
2021Detailed filing. Detailed filing data is available for this year.$7.64$4.90$2.75$1.41$1.50$0.09
2020Detailed filing. Detailed filing data is available for this year.$7.62$4.78$2.84$1.32$1.22$0.10
2019Detailed filing. Detailed filing data is available for this year.$7.70$4.91$2.79$1.27$1.26$0.00
2018Detailed filing. Detailed filing data is available for this year.$7.83$4.97$2.85$1.42$1.33$0.09
2017Detailed filing. Detailed filing data is available for this year.$7.74$4.98$2.76$1.27$1.27$0.00
2016Detailed filing. Detailed filing data is available for this year.$7.84$5.08$2.77$1.30$1.24$0.06
2015Detailed filing. Detailed filing data is available for this year.$8.01$5.29$2.73$1.28$1.25$0.03
2014Detailed filing. Detailed filing data is available for this year.$8.11$5.41$2.70$1.11$1.09$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.57$5.90$2.67$1.05$1.09$0.04
2012Summary only. Only limited summary data is available for this year.$7.73$5.01$2.71$1.16$1.02$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.40$4.83$2.57$0.90