Civic Intelligence

Shore Front Housing Development Fund Corporation C/O Met Council

990 • Fiscal year 2020 • EIN 13-3547688

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileWWW.METCOUNCIL.ORG
77 Water Street 26th FloorNew York, NY 10005

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

96th percentile

1.30x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

7.10x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

7th percentile

-51%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$565,631

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 79.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

20th percentile

-3.1%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-43%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,865,581

Down $121,896 (-3.1%) from 2019

Net Assets

Down

-$1,164,481

Down $361,865 (-45%) from 2019

Liabilities

Up

$5,030,062

Up $239,969 (+5.0%) from 2019

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Down

$708,733

Down $524,984 (-43%) from 2019

Expenses

Up

$1,069,429

Up $81,277 (+8.2%) from 2019

Net Income

Down

-$360,696

Down $606,261 (-247%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $5,128,300Liabilities 2010: $4,901,346Net Assets 2010: $226,9542010Assets 2011: $4,890,241Liabilities 2011: $4,843,255Net Assets 2011: $46,9862011Assets 2012: $4,353,006Liabilities 2012: $5,236,415Net Assets 2012: -$883,4092012Assets 2013: $5,265,675Liabilities 2013: $5,647,593Net Assets 2013: -$381,9182013Assets 2014: $5,006,848Liabilities 2014: $5,579,393Net Assets 2014: -$572,5452014Assets 2015: $4,962,621Liabilities 2015: $5,500,434Net Assets 2015: -$537,8132015Assets 2016: $4,363,460Liabilities 2016: $4,842,824Net Assets 2016: -$479,3642016Assets 2017: $4,248,380Liabilities 2017: $5,004,521Net Assets 2017: -$756,1412017Assets 2018: $4,071,616Liabilities 2018: $5,119,797Net Assets 2018: -$1,048,1812018Assets 2019: $3,987,477Liabilities 2019: $4,790,093Net Assets 2019: -$802,6162019Assets 2020: $3,865,581Liabilities 2020: $5,030,062Net Assets 2020: -$1,164,4812020Assets 2021: $3,570,395Liabilities 2021: $5,252,733Net Assets 2021: -$1,682,3382021Assets 2022: $3,287,037Liabilities 2022: $5,605,881Net Assets 2022: -$2,318,8442022Assets 2023: $3,467,309Liabilities 2023: $6,339,048Net Assets 2023: -$2,871,7392023Assets 2024: $3,808,940Liabilities 2024: $7,099,927Net Assets 2024: -$3,290,9872024

Highlighted filing

2020

Assets$3,865,581
Liabilities$5,030,062
Net Assets-$1,164,481
Open 2020 Filing

Operations Trend

Revenue Growth10th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $873,4702010Expenses 2011: $737,1712011Expenses 2012: $893,9712012Revenue 2013: $1,228,301Expenses 2013: $726,810Net Income 2013: $501,4912013Revenue 2014: $515,060Expenses 2014: $705,687Net Income 2014: -$190,6272014Revenue 2015: $790,123Expenses 2015: $755,391Net Income 2015: $34,7322015Revenue 2016: $857,001Expenses 2016: $798,552Net Income 2016: $58,4492016Revenue 2017: $599,234Expenses 2017: $876,011Net Income 2017: -$276,7772017Revenue 2018: $599,548Expenses 2018: $891,588Net Income 2018: -$292,0402018Revenue 2019: $1,233,717Expenses 2019: $988,152Net Income 2019: $245,5652019Revenue 2020: $708,733Expenses 2020: $1,069,429Net Income 2020: -$360,6962020Revenue 2021: $651,490Expenses 2021: $1,169,347Net Income 2021: -$517,8572021Revenue 2022: $597,060Expenses 2022: $1,226,418Net Income 2022: -$629,3582022Revenue 2023: $616,013Expenses 2023: $1,168,908Net Income 2023: -$552,8952023Revenue 2024: $981,679Expenses 2024: $1,413,067Net Income 2024: -$431,3882024

Highlighted filing

2020

Revenue$708,733
Expenses$1,069,429
Net Income-$360,696
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$708,733
Mission and Program Overview

Mission

Provide low income housing for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,065,083$3,129,648▲ $64,565
Cash and Non-Interest-Bearing Accounts$43,967$57,363▲ $13,396
Accounts Receivable$15,325$42,149▲ $26,824
Prepaid Expenses and Deferred Charges$26,495$29,636▲ $3,141
Total Assets$3,987,477$3,865,581▼ $121,896
Other Assets Total$836,607$606,785▼ $229,822
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,985,895$3,985,895→ $0
Other Liabilities$435,748$703,214▲ $267,466
Accounts Payable and Accrued Expenses$362,428$333,582▼ $28,846
Deferred Revenue$6,022$7,371▲ $1,349
Total Liabilities$4,790,093$5,030,062▲ $239,969
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-802,616$-1,164,481▼ $361,865
Total Net Assets Fund Balance$-802,616$-1,164,481▼ $361,865
Total Liabilities and Net Assets / Fund Balance$3,987,477$3,865,581▼ $121,896

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,616,451$1,619,662$4,236,113
Land$354,936-$354,936
Other Land Buildings$158,261-$158,261
Other Assets Org$408--
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Jeffry NearbyDirector
Lynne KoepppelDirector
Stacey ScheinbergDirector
David GreenfieldCEO
Matthew LocurtoCFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Jc Contracting Mgmt LLCContracting Consultant266 SEIGEL ST, Bloomfield, NY 11206$134,100
Superior Elevator TechnologiesContracting Consultant717 E 135TH ST, Bronx, NY 10454$127,851
Protector Builder General Contractor INCContracting Consultant3524 12TH AVE, Brooklyn, NY 11218$126,841
Revenue and Support

Revenue Composition

Contributions and Grants
$28,452
Program Service Revenue
$593,488
Investment Income
$1
Other Revenue
$86,792
Change in Net Assets
$-360,696

Audited Revenue Reconciliation

Revenue per Audited Statements
$708,733
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$708,733
Total Revenue per Form 990
$708,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,069,429
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$196,427$47,479-$243,906
Depreciation Depletion$157,963--$157,963
Occupancy$92,835--$92,835
Insurance$60,602--$60,602
All Other Expenses$21,594--$21,594
Office Expenses$13,008--$13,008
Other Expenses$12,572--$12,572
Fees for Services Accounting-$11,180-$11,180
Fees for Services Legal$6,122--$6,122
Interest$4,250--$4,250
Travel$70--$70
Total Functional Expenses$1,010,770$58,659$0$1,069,429

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,069,429
Total Expenses per Audited Statements$1,069,429
Total Expenses per Form 990$1,069,429
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
Due to Affiliate$680,416
Security Deposits Payable$22,798
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
No
Other officer compensation reviewed
No
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 A, Line 8B

“The organization did not have any committee meetings during the year.”

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

“The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review, form 990 is filed with the irs.”

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

“All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Shore Front Housing Development Fund
EIN
13-3547688
Phone
2124539500
Address
77 WATER STREET 26TH FLOOR, NEW YORK, NY 10005

Signing Officer

Name
Jeffry Nearby
Title
Director
Phone
2124539500
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Greenfield
Formed
1995
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky CPA
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Other changes in begining net asset -1,169.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2020. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file informational returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the organization are subject to examination by the internal revenue service for a period of three years. While no informational returns are currently being examined by the irs, tax years since 2017 remain open.”

Raw XML AppendixShowing 400 of 873 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/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026495
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029636
IRS990/PrincipalOfficerNm0DAVID GREENFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0593488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0593488
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0988152
IRS990/PYOtherRevenueAmt0647298
IRS990/PYProgramServiceRevenueAmt0586418
IRS990/PYRevenuesLessExpensesAmt0245565
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0988152
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01233717
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-360696
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt028452
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0680280
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt028452
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt028452
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2016 AMOUNT: $ 664. 2017 AMOUNT: $ 466. 2018 AMOUNT: $ 479. 2019 AMOUNT: $ 9,298. LAUNDRY INCOME - 2016 AMOUNT: $ 2,800. 2017 AMOUNT: $ 3,000. 2018 AMOUNT: $ 3,000. 2019 AMOUNT: $ 3,000. 2020 AMOUNT: $ 3,000. FORGIVENESS OF DEBT - 2019 AMOUNT: $ 635,000. INSURANCE SETTLEMENT - 2020 AMOUNT: $ 83,792.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028452
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0255391
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0283843
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0457
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0593488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0586418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0596068
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0595767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0598769
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02970510
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0461
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt086792
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0647298
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03479
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03466
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03464
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0744499
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80660
IRS990ScheduleA/PublicSupportPY509Pct00.83800
IRS990ScheduleA/PublicSupportTotal509Amt03225901
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt028452
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt028452
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0621940
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0586418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0596068
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0595767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0854160
IRS990ScheduleA/Total509Grp/TotalAmt03254353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0708733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01233717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0599548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0599234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0858081
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03999313
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02616451
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01619662
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04236113
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01069429
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0354936
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0354936
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0400312
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1182555
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt222798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3712
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4408
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LOAN RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0158261
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0158261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0680416
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0708733
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2020. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2017 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03129648
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0606785
IRS990ScheduleD/TotalExpensesPerForm990Amt01069429
IRS990ScheduleD/TotalLiabilityAmt0703214
IRS990ScheduleD/TotalRevenuePerForm990Amt0708733
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0708733
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01069429
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/CompensationBasedOnRltdOrgsAmt0528129
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1215490
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2176193
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/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt037382
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt125777

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Filings

Displayed year

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

Open filing
Assets
$3,865,581
Liabilities
$5,030,062
Net assets
-$1,164,481
Revenue
$708,733
Expenses
$1,069,429
Net income
-$360,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$7.10$3.29$0.98$1.41$0.43
2023Detailed filing. Detailed filing data is available for this year.$3.47$6.34$2.87$0.62$1.17$0.55
2022Detailed filing. Detailed filing data is available for this year.$3.29$5.61$2.32$0.60$1.23$0.63
2021Detailed filing. Detailed filing data is available for this year.$3.57$5.25$1.68$0.65$1.17$0.52
2020Detailed filing. Detailed filing data is available for this year.$3.87$5.03$1.16$0.71$1.07$0.36
2019Detailed filing. Detailed filing data is available for this year.$3.99$4.79$0.80$1.23$0.99$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.07$5.12$1.05$0.60$0.89$0.29
2017Detailed filing. Detailed filing data is available for this year.$4.25$5.00$0.76$0.60$0.88$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.36$4.84$0.48$0.86$0.80$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.96$5.50$0.54$0.79$0.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.01$5.58$0.57$0.52$0.71$0.19
2013Detailed filing. Detailed filing data is available for this year.$5.27$5.65$0.38$1.23$0.73$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$5.24$0.88$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$4.84$0.05$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$4.90$0.23$0.87