Civic Intelligence

445V Vip Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 13-3680210

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 29, 2024

Organization ProfileN/A
770 East 176 StBronx, NY 10460

(718) 583-5150

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.90x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

2.96x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Net Margin

42nd percentile

-11%

Higher net margin than 42% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$404,440

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 43.4% of source-year revenue.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Asset Growth

34th percentile

-3.3%

Faster asset growth than 34% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

2.1%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$3,047,275

Down $105,342 (-3.3%) from 2022

Net Assets

Down

$294,772

Down $104,574 (-26%) from 2022

Liabilities

Down

$2,752,503

Down $768 (-0.0%) from 2022

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin42nd percentile

Revenue

Up

$930,826

Up $19,175 (+2.1%) from 2022

Expenses

Down

$1,035,400

Down $30,589 (-2.9%) from 2022

Net Income

Up

-$104,574

Up $49,764 (+32%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,637,718Liabilities 2011: $2,741,712Net Assets 2011: -$103,9942011Assets 2012: $2,695,859Liabilities 2012: $2,735,465Net Assets 2012: -$39,6062012Assets 2013: $2,652,457Liabilities 2013: $2,736,578Net Assets 2013: -$84,1212013Assets 2014: $2,668,932Liabilities 2014: $2,705,292Net Assets 2014: -$36,3602014Assets 2015: $2,738,644Liabilities 2015: $2,719,698Net Assets 2015: $18,9462015Assets 2016: $2,854,414Liabilities 2016: $2,730,586Net Assets 2016: $123,8282016Assets 2017: $2,944,426Liabilities 2017: $2,729,603Net Assets 2017: $214,8232017Assets 2018: $3,096,689Liabilities 2018: $2,720,371Net Assets 2018: $376,3182018Assets 2019: $3,190,462Liabilities 2019: $2,725,281Net Assets 2019: $465,1812019Assets 2020: $3,279,833Liabilities 2020: $2,733,444Net Assets 2020: $546,3892020Assets 2021: $3,270,996Liabilities 2021: $2,717,312Net Assets 2021: $553,6842021Assets 2022: $3,152,617Liabilities 2022: $2,753,271Net Assets 2022: $399,3462022Assets 2023: $3,047,275Liabilities 2023: $2,752,503Net Assets 2023: $294,7722023Assets 2024: $3,016,565Liabilities 2024: $2,752,310Net Assets 2024: $264,2552024

Highlighted filing

2023

Assets$3,047,275
Liabilities$2,752,503
Net Assets$294,772
Open 2023 Filing

Operations Trend

Revenue Growth43rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $743,0932011Expenses 2012: $696,3692012Revenue 2013: $771,185Expenses 2013: $815,700Net Income 2013: -$44,5152013Revenue 2014: $764,808Expenses 2014: $717,047Net Income 2014: $47,7612014Revenue 2015: $802,564Expenses 2015: $747,258Net Income 2015: $55,3062015Revenue 2016: $834,010Expenses 2016: $729,128Net Income 2016: $104,8822016Revenue 2017: $886,093Expenses 2017: $795,098Net Income 2017: $90,9952017Revenue 2018: $899,172Expenses 2018: $737,677Net Income 2018: $161,4952018Revenue 2019: $904,128Expenses 2019: $815,265Net Income 2019: $88,8632019Revenue 2020: $927,305Expenses 2020: $846,097Net Income 2020: $81,2082020Revenue 2021: $935,600Expenses 2021: $928,305Net Income 2021: $7,2952021Revenue 2022: $911,651Expenses 2022: $1,065,989Net Income 2022: -$154,3382022Revenue 2023: $930,826Expenses 2023: $1,035,400Net Income 2023: -$104,5742023Revenue 2024: $982,468Expenses 2024: $1,012,985Net Income 2024: -$30,5172024

Highlighted filing

2023

Revenue$930,826
Expenses$1,035,400
Net Income-$104,574
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 29, 2024
Return Version
2022v5.0
Gross Receipts
$930,826
Mission and Program Overview

Mission

To provide clean, affordable housing to low-income residents in the south bronx, ny.

To provide affordable housing in the south bronx, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,234,840$1,181,845▼ $52,995
Cash and Non-Interest-Bearing Accounts$809,845$707,226▼ $102,619
Prepaid Expenses and Deferred Charges$62,048$80,141▲ $18,093
Accounts Receivable$82,305$74,223▼ $8,082
Total Assets$3,152,617$3,047,275▼ $105,342
Other Assets Total$963,579$1,003,840▲ $40,261
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,623,699$2,623,699→ $0
Accounts Payable and Accrued Expenses$56,446$50,288▼ $6,158
Other Liabilities$42,785$43,482▲ $697
Deferred Revenue$30,341$35,034▲ $4,693
Total Liabilities$2,753,271$2,752,503▼ $768
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$399,346$294,772▼ $104,574
Total Net Assets Fund Balance$399,346$294,772▼ $104,574
Total Liabilities and Net Assets / Fund Balance$3,152,617$3,047,275▼ $105,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,084,260$1,704,294$2,788,554
Equipment$97,584$148,200$245,784
Land$1-$1
Other Assets Org$718,642--
Compensation and Service Providers
Top Officer Pay90th percentile

Board Members and Trustees

NameTitle
Zenali TiradoBoard Chair
Debbian Fletcher-blakePresident/CEO
John P NeroVice Chair
Jodi SturgeonDirector
Seth TownsendDirector
Frank KploanyiCFO
Salvatore GogliormellaSecretary
William Trust JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$922,093
Investment Income
$6,491
Other Revenue
$2,242
Change in Net Assets
$-104,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$930,826
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-43,106
Total Revenue per Audited Statements
$887,720
Total Revenue per Form 990
$930,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,035,400
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
Occupancy$440,081--$440,081
Fees for Services Other-$116,126-$116,126
Depreciation Depletion$102,305--$102,305
Insurance$88,762--$88,762
Fees for Services Management-$56,220-$56,220
Payments to Affiliates-$55,591-$55,591
Other Expenses$18,733$16,752-$16,752
Fees for Services Legal-$14,620-$14,620
Fees for Services Accounting-$10,350-$10,350
Office Expenses$868$2,098-$2,966
Total Functional Expenses$693,855$341,545$0$1,035,400

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,035,400
Expenses per Audited Statements$992,294
Total Expenses per Audited Statements$992,294
Expenses Not Reported on Financial Statements$43,106
Other Expense Adjustments$43,106
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
Tenant Security Deposits$43,482
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The property management is handled by dougert management, an unrelated party hired by the entity and compensated $56,220. Asset management and resident services are carried out by the sponsor, vip community services, for which the entity compensated $10,350 for accounting and other administrative services.”

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

“The form 990 is prepared by an independent accountant and reviewed by the audit committee of the vip board and distributed to the board of 445 vip for comments and approval prior to filing with irs.”

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

“The conflict of interest declarations are filled out on an annual basis and reviewed by the compliance officer and the board of vip.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request at the management office.”

FORM 990, PART VII, SECTION A:

“Debbian fletcher-blake and frank kploanyi are officers of vip community services inc., a related organization. During the year, each of them worked 31 hours for vip community services inc. And affiliates and 4 hours each for the organization.”

Filing and Contact Details

Filer

Filer Name
445 Vip Hdfc
EIN
13-3680210
Phone
7185835150
Address
770 EAST 176 ST, BRONX, NY 10460

Signing Officer

Name
Debbian Fletcher-blake
Title
CEO
Phone
7185835150
Signed
2024-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbian Fletcher-blake
Formed
1992
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Superintendent: program service expenses 0. Management and general expenses 116,126. Fundraising expenses 0. Total expenses 116,126.”

FORM 990, PART XI, LINE 2C:

“No change in auditor selection and audit oversight process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation believes it has no uncertain tax positions as of june 30, 2023 and 2022 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:

“VACANCY LOSS -43,106.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“VACANCY LOSS 43,106.”

Raw XML AppendixShowing 400 of 713 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/PaymentsToAffiliatesGrp/TotalAmt055591
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062048
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080141
IRS990/PrincipalOfficerNm0DEBBIAN FLETCHER-BLAKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0922093
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0922093
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0375
IRS990/PYOtherExpensesAmt01065989
IRS990/PYOtherRevenueAmt0250
IRS990/PYProgramServiceRevenueAmt0911026
IRS990/PYRevenuesLessExpensesAmt0-154338
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01065989
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0911651
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-104574
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0924335
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2019 AMOUNT: $ 2,249. 2020 AMOUNT: $ 6,430. 2021 AMOUNT: $ 250. 2022 AMOUNT: $ 2,242.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06491
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030168
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt032907
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt032891
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0102832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0922093
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0911026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0899002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0892149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0871237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04495507
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06491
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt032907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt032891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0102832
IRS990ScheduleA/InvestmentIncomeCYPct00.02230
IRS990ScheduleA/InvestmentIncomePYPct00.03270
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02242
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06430
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02249
IRS990ScheduleA/OtherIncome509Grp/TotalAmt011171
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97530
IRS990ScheduleA/PublicSupportPY509Pct00.96530
IRS990ScheduleA/PublicSupportTotal509Amt04495507
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0922093
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0911026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0899002
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0892149
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0871237
IRS990ScheduleA/Total509Grp/TotalAmt04495507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0930826
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0911651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0935600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0927305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0904128
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04609510
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01084260
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01704294
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02788554
IRS990ScheduleD/EquipmentGrp/BookValueAmt097584
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0148200
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0245784
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt043106
IRS990ScheduleD/ExpensesSubtotalAmt0992294
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043482
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1240371
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21345
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3718642
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE AND DEPOSITS
IRS990ScheduleD/OtherExpensesNotIncludedAmt043106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043482
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0-43106
IRS990ScheduleD/RevenueNotReportedAmt0-43106
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0930826
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022 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/ExplanationTxt1VACANCY LOSS -43,106.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2VACANCY LOSS 43,106.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01181845
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01003840
IRS990ScheduleD/TotalExpensesPerForm990Amt01035400
IRS990ScheduleD/TotalLiabilityAmt043482
IRS990ScheduleD/TotalRevenuePerForm990Amt0930826
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0887720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0992294
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0303544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1224017
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt029158
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt121391
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021738
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt113918
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBBIAN FLETCHER-BLAKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FRANK KPLOANYI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0404440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1259326
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION FOR THE PRESIDENT/CEO IS ESTABLISHED BY THE RELATED ENTITY, VOCATIONAL INSTRUCTION PROJECT COMMUNITY SERVICES, INC.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROPERTY MANAGEMENT IS HANDLED BY DOUGERT MANAGEMENT, AN UNRELATED PARTY HIRED BY THE ENTITY AND COMPENSATED $56,220. ASSET MANAGEMENT AND RESIDENT SERVICES ARE CARRIED OUT BY THE SPONSOR, VIP COMMUNITY SERVICES, FOR WHICH THE ENTITY COMPENSATED $10,350 FOR ACCOUNTING AND OTHER ADMINISTRATIVE SERVICES.

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,047,275
Liabilities
$2,752,503
Net assets
$294,772
Revenue
$930,826
Expenses
$1,035,400
Net income
-$104,574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.02$2.75$0.26$0.98$1.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.05$2.75$0.29$0.93$1.04$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.15$2.75$0.40$0.91$1.07$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.27$2.72$0.55$0.94$0.93$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.28$2.73$0.55$0.93$0.85$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.19$2.73$0.47$0.90$0.82$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.10$2.72$0.38$0.90$0.74$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.94$2.73$0.21$0.89$0.80$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.85$2.73$0.12$0.83$0.73$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.74$2.72$0.02$0.80$0.75$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.67$2.71$0.04$0.76$0.72$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$2.74$0.08$0.77$0.82$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$2.74$0.04$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$2.74$0.10$0.74