Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
990 • Fiscal year 2018 • EIN 13-3595749
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 37.8% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Down$4,580,224
Down $143,590 (-3.0%) from 2017
Net Assets
Down-$3,468,101
Down $217,925 (-6.7%) from 2017
Liabilities
Up$8,048,325
Up $74,335 (+0.9%) from 2017
Revenue
Up$547,872
Up $9,790 (+1.8%) from 2017
Expenses
Up$765,797
Up $39,331 (+5.4%) from 2017
Net Income
Down-$217,925
Down $29,541 (-16%) from 2017
Herbert l. Brooks housing development fund company, inc. (the "company"), a not-for-profit corporation, was formed under the laws of the state of new york, on april 10, 1990, for the purpose of operating a rental housing project under section 202 of the national housing act.
Providing low income housing.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,428,085 | $3,704,120 | ▲ $276,035 |
| Accounts Receivable | $14,114 | $20,498 | ▲ $6,384 |
| Prepaid Expenses and Deferred Charges | $5,648 | $5,648 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $5,048 | $0 | ▼ $5,048 |
| Intangible Assets | $3,200 | $1,627 | ▼ $1,573 |
| Total Assets | $4,723,814 | $4,580,224 | ▼ $143,590 |
| Other Assets Total | $1,267,719 | $848,331 | ▼ $419,388 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $7,838,700 | $7,838,700 | → $0 |
| Accounts Payable and Accrued Expenses | $54,034 | $128,830 | ▲ $74,796 |
| Other Liabilities | $81,256 | $80,795 | ▼ $461 |
| Total Liabilities | $7,973,990 | $8,048,325 | ▲ $74,335 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-3,250,176 | $-3,468,101 | ▼ $217,925 |
| Total Net Assets Fund Balance | $-3,250,176 | $-3,468,101 | ▼ $217,925 |
| Total Liabilities and Net Assets / Fund Balance | $4,723,814 | $4,580,224 | ▼ $143,590 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,171,399 | $5,258,708 | $8,430,107 |
| Equipment | $487,721 | $16,748 | $504,469 |
| Land | $45,000 | - | $45,000 |
| Other Assets Org | $600,955 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Rubria M Rodriguez | Fiscal Administrator | $117,921 | $117,921 |
| Name | Title |
|---|---|
| Wallace Mobley | Board Chair |
| Derrick Lovett | President/CEO |
| April Horton | Director |
| Carmen Silva | Director |
| Florence Blanchard | Director |
| Phyllis Williams | Director |
| James Shipp | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $765,797 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $220,437 | - | - | $220,437 |
| Fees for Services Management | $169,531 | $44,602 | - | $214,133 |
| Occupancy | $129,187 | - | - | $129,187 |
| Insurance | $67,777 | - | - | $67,777 |
| Fees for Services Other | $64,532 | - | - | $64,532 |
| Office Expenses | $23,286 | - | - | $23,286 |
| Fees for Services Accounting | $599 | $14,917 | - | $15,516 |
| Fees for Services Legal | $3,509 | - | - | $3,509 |
| Other Expenses | $3,445 | - | - | $3,445 |
| Total Functional Expenses | $706,278 | $59,519 | $0 | $765,797 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $765,797 |
| Total Expenses per Audited Statements | $765,797 |
| Total Expenses per Form 990 | $765,797 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Owner | $62,138 |
| Tenant Security Deposits Payable | $18,657 |
“The property is managed by wavecrest management team, ltd., an unaffiliated company paid the amount of $ 44,602.”
“Form 990 is reviewed by the ceo of the organization, but a full copy is not presented to the whole board.”
“The organization has an affirmation of its principles statement and whistleblower policy that board members and senior staff are required to sign. These statements address issues of ethics and conflicts of interest. It is the responsibility of all directors, officers, and employees to report ethics violations or suspended violations. No director, officer, or employee who in good faith reports an ethics violation shall suffer harassment, retaliation, or adverse employment consequence. Violations or suspended violations may be submitted on a confidential basis by complaint or anonymously. The organization encourages employees to share their concerns with someone who can address them properly. These policies are intended to encourage and enable employees and other to raise ethics concerns on an ongoing basis.”
“The documents are available by request.”
“The selection process has not changed from prior year.”
“The company's policy is to include any penalties and interest accessed by taxing authorities with excise tax expense. The company's form 990, return of organization exempt from income tax, is subject to audit by the irs for the prior three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2014 remain open.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 54034 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 128830 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 14114 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 20498 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDING LOW INCOME HOUSING. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DERRICK LOVETT PRESIDENTCEO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7188420256 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1762 BOSTON ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRONX |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10460 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 5048 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 388 |
| IRS990/CYOtherExpensesAmt | 0 | 765797 |
| IRS990/CYOtherRevenueAmt | 0 | 2289 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 545195 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -217925 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 765797 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 547872 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 220437 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 220437 |
| IRS990/Desc | 0 | OPERATED A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE PROJECT CONSISTS OF 92 UNITS LOCATED IN BRONX, NEW YORK. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 706278 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14917 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 599 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15516 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 3509 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3509 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 44602 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 169531 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 214133 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 64532 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 64532 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 2.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 2.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 40.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.10 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 26023 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 13752 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | APRIL HORTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CARMEN SILVA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DERRICK LOVETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | FLORENCE BLANCHARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES SHIPP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PHYLLIS WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | WALLACE MOBLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RUBRIA M RODRIGUEZ |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 180844 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 104169 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | FISCAL ADMINISTRATOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 547872 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 67777 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 67777 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 3200 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 1627 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 388 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 388 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5275456 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3428085 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3704120 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8979576 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | HERBERT L. BROOKS HOUSING DEVELOPMENT FUND COMPANY, INC. (THE "COMPANY"), A NOT-FOR-PROFIT CORPORATION, WAS FORMED UNDER THE LAWS OF THE STATE OF NEW YORK, ON APRIL 10, 1990, FOR THE PURPOSE OF OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 7838700 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 7838700 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -3250176 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -3468101 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 129187 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 129187 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 23286 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 23286 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1267719 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 848331 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS AND MAINTANENCE |
| IRS990/OtherExpensesGrp/Desc | 3 | PERMITS AND LICENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 10135 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8432 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 5408 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3445 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10135 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8432 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5408 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3445 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 81256 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 80795 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LAUNDY AND VENDING |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2289 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2289 |
| IRS990/OtherRevenueTotalAmt | 0 | 2289 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5648 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 5648 |
| IRS990/PrincipalOfficerNm | 0 | DERRICK LOVETT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 304059 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 241136 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 304059 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 241136 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 490 |
| IRS990/PYOtherExpensesAmt | 0 | 726466 |
| IRS990/PYOtherRevenueAmt | 0 | 2744 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 534848 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -188384 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 726466 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 538082 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -217925 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 547484 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | LAUNDRY AND VENDING - 2014 AMOUNT: $ 260. 2015 AMOUNT: $ 235. 2016 AMOUNT: $ 1,800. 2017 AMOUNT: $ 2,744. 2018 AMOUNT: $ 2,289. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 388 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 490 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 504 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 582 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 897 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 2861 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 545195 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 534848 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 537697 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 522028 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 528094 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2667862 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 388 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 490 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 504 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 582 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 897 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 2861 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00110 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00180 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 2289 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2744 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1800 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 235 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 260 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 7328 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99620 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99540 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2667862 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 545195 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 534848 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 537697 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 522028 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 528094 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2667862 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 547872 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 538082 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 540001 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 522845 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 529251 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2678051 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3171399 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 5258708 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8430107 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 487721 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 16748 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 504469 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 765797 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 45000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 45000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 19130 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 8045 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 220201 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 600955 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | SECURITY DEPOSITS - UTILITY |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | REPLACEMENT RESERVES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | RESIDUAL RECEIPTS RESERVE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 18657 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 62138 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO OWNER |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 547872 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE COMPANY'S POLICY IS TO INCLUDE ANY PENALTIES AND INTEREST ACCESSED BY TAXING AUTHORITIES WITH EXCISE TAX EXPENSE. THE COMPANY'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO AUDIT BY THE IRS FOR THE PRIOR THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2014 REMAIN OPEN. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3704120 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 848331 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 765797 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 80795 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 547872 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 547872 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 765797 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 180844 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 10543 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 15480 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DERRICK LOVETT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 206867 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROPERTY IS MANAGED BY WAVECREST MANAGEMENT TEAM, LTD., AN UNAFFILIATED COMPANY PAID THE AMOUNT OF $ 44,602. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS REVIEWED BY THE CEO OF THE ORGANIZATION, BUT A FULL COPY IS NOT PRESENTED TO THE WHOLE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION HAS AN AFFIRMATION OF ITS PRINCIPLES STATEMENT AND WHISTLEBLOWER POLICY THAT BOARD MEMBERS AND SENIOR STAFF ARE REQUIRED TO SIGN. THESE STATEMENTS ADDRESS ISSUES OF ETHICS AND CONFLICTS OF INTEREST. IT IS THE RESPONSIBILITY OF ALL DIRECTORS, OFFICERS, AND EMPLOYEES TO REPORT ETHICS VIOLATIONS OR SUSPENDED VIOLATIONS. NO DIRECTOR, OFFICER, OR EMPLOYEE WHO IN GOOD FAITH REPORTS AN ETHICS VIOLATION SHALL SUFFER HARASSMENT, RETALIATION, OR ADVERSE EMPLOYMENT CONSEQUENCE. VIOLATIONS OR SUSPENDED VIOLATIONS MAY BE SUBMITTED ON A CONFIDENTIAL BASIS BY COMPLAINT OR ANONYMOUSLY. THE ORGANIZATION ENCOURAGES EMPLOYEES TO SHARE THEIR CONCERNS WITH SOMEONE WHO CAN ADDRESS THEM PROPERLY. THESE POLICIES ARE INTENDED TO ENCOURAGE AND ENABLE EMPLOYEES AND OTHER TO RAISE ETHICS CONCERNS ON AN ONGOING BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE DOCUMENTS ARE AVAILABLE BY REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 3 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 4 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 5 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 6 | 0 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.