Civic Intelligence

Mt. Pleasant Housing Development Fund Co Inc.

990 • Fiscal year 2020 • EIN 13-3745063

Dec 01, 2019 to Nov 30, 2020 • Filed on Oct 19, 2021

Organization ProfileN/A
421 East 116th StreetNew York, NY 10029

(212) 410-3153

Siviq Scores

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

Liabilities / Assets

99th percentile

3.13x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

67th percentile

4.72x

Higher debt load relative to revenue than 67% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

76th percentile

11%

Higher net margin than 76% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$216,083

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

94th percentile

37%

Faster asset growth than 94% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

56%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$2,404,485

Up $649,638 (+37%) from 2019

Net Assets

Up

-$5,127,327

Up $179,897 (+3.4%) from 2019

Liabilities

Up

$7,531,812

Up $469,741 (+6.7%) from 2019

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin76th percentile

Revenue

Up

$1,594,318

Up $571,981 (+56%) from 2019

Expenses

Down

$1,414,421

Down $35,980 (-2.5%) from 2019

Net Income

Up

$179,897

Up $607,961 (+142%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $3,221,440Liabilities 2011: $6,696,107Net Assets 2011: -$3,474,6672011Assets 2012: $3,142,285Liabilities 2012: $6,704,856Net Assets 2012: -$3,562,5712012Assets 2014: $2,743,604Liabilities 2014: $6,543,674Net Assets 2014: -$3,800,0702014Assets 2015: $2,567,061Liabilities 2015: $6,545,721Net Assets 2015: -$3,978,6602015Assets 2016: $2,344,056Liabilities 2016: $6,633,374Net Assets 2016: -$4,289,3182016Assets 2017: $2,265,764Liabilities 2017: $6,934,222Net Assets 2017: -$4,668,4582017Assets 2018: $1,876,804Liabilities 2018: $6,755,964Net Assets 2018: -$4,879,1602018Assets 2019: $1,754,847Liabilities 2019: $7,062,071Net Assets 2019: -$5,307,2242019Assets 2020: $2,404,485Liabilities 2020: $7,531,812Net Assets 2020: -$5,127,3272020Assets 2021: $1,655,355Liabilities 2021: $6,716,873Net Assets 2021: -$5,061,5182021Assets 2022: $1,807,812Liabilities 2022: $7,062,131Net Assets 2022: -$5,254,3192022Assets 2023: $1,471,555Liabilities 2023: $7,323,915Net Assets 2023: -$5,852,3602023Assets 2024: $1,411,307Liabilities 2024: $7,321,666Net Assets 2024: -$5,910,3592024

Highlighted filing

2020

Assets$2,404,485
Liabilities$7,531,812
Net Assets-$5,127,327
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $601,223Expenses 2011: $777,843Net Income 2011: -$176,6202011Revenue 2012: $682,814Expenses 2012: $770,718Net Income 2012: -$87,9042012Revenue 2014: $675,579Expenses 2014: $812,944Net Income 2014: -$137,3652014Revenue 2015: $660,050Expenses 2015: $838,640Net Income 2015: -$178,5902015Revenue 2016: $636,512Expenses 2016: $947,170Net Income 2016: -$310,6582016Revenue 2017: $824,981Expenses 2017: $879,605Net Income 2017: -$54,6242017Revenue 2018: $1,022,380Expenses 2018: $1,233,082Net Income 2018: -$210,7022018Revenue 2019: $1,022,337Expenses 2019: $1,450,401Net Income 2019: -$428,0642019Revenue 2020: $1,594,318Expenses 2020: $1,414,421Net Income 2020: $179,8972020Revenue 2021: $1,491,829Expenses 2021: $1,426,020Net Income 2021: $65,8092021Revenue 2022: $1,228,054Expenses 2022: $1,420,855Net Income 2022: -$192,8012022Revenue 2023: $1,202,411Expenses 2023: $1,612,900Net Income 2023: -$410,4892023Revenue 2024: $1,279,809Expenses 2024: $1,388,076Net Income 2024: -$108,2672024

Highlighted filing

2020

Revenue$1,594,318
Expenses$1,414,421
Net Income$179,897
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2019 to Nov 30, 2020
Signed
Oct 19, 2021
Return Version
2019v5.2
Gross Receipts
$1,594,318
Mission and Program Overview

Mission

To provide clean, affordable, safe housing for senior citizens in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,284,517$1,048,520▼ $235,997
Cash and Non-Interest-Bearing Accounts$31,235$833,780▲ $802,545
Prepaid Expenses and Deferred Charges$58,556$70,464▲ $11,908
Accounts Receivable$26,434$46,574▲ $20,140
Total Assets$1,754,847$2,404,485▲ $649,638
Other Assets Total$354,105$405,147▲ $51,042
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,236,300$6,236,300→ $0
Other Liabilities$739,004$1,108,473▲ $369,469
Accounts Payable and Accrued Expenses$75,429$184,350▲ $108,921
Deferred Revenue$11,338$2,689▼ $8,649
Total Liabilities$7,062,071$7,531,812▲ $469,741
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,307,224$-5,127,327▲ $179,897
Total Net Assets Fund Balance$-5,307,224$-5,127,327▲ $179,897
Total Liabilities and Net Assets / Fund Balance$1,754,847$2,404,485▲ $649,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,008,645$5,314,533$6,323,178
Equipment$0$105,659$105,659
Other Land Buildings$8,375$38,423$46,798
Land$31,500-$31,500
Other Assets Org$752--
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
John WarrenChairman
Rocco PapandreaVice President
Kate LanglossDirector
Kristen SmithDirector
Margaret J DavinoDirector
Patricia FrancisDirector
Patricia SuarezDirector
Peter HandalDirector
Christopher CirilloExecutive Director/preside
Nadia DrewSecretary
Kristina WiigTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,593,559
Investment Income
$759
Other Revenue
$0
Change in Net Assets
$179,897

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,594,318
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,594,318
Total Revenue per Form 990
$1,594,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,414,421
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$346,653$125,463-$472,116
Occupancy$382,959--$382,959
Depreciation Depletion$237,537--$237,537
Interest$59,516--$59,516
Insurance$46,760--$46,760
Office Expenses$28,183--$28,183
Fees for Services Other$16,204--$16,204
Fees for Services Accounting-$9,421-$9,421
Fees for Services Legal$3,836--$3,836
Other Expenses$610--$610
Total Functional Expenses$1,279,537$134,884$0$1,414,421

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,414,421
Total Expenses per Audited Statements$1,414,421
Total Expenses per Form 990$1,414,421
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
Accrued Real Estate Taxes$852,467
Due to Related Party$240,523
Tenant Deposits Held in Trust$15,483
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegates management duties to lott cdc and the wavecrest management team, ltd.”

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

“A copy of the organizations 990 is provided to management for review and comments before filing.”

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

“The organization adopted a conflict of interest policy that required for all board members and officers to annually disclose any actual or potential conflicts of interest as they arise.”

Form 990, Part VI, Section B, Line 15

“Compensation is determined by a related organization using the following method: the process for determining compensation for the president and executive director is determined by an executive committee. To ensure competitiveness, wages are compared to other affordable housing organizations, both for- and not-for-profit, or the local market for positions applicable to a broader competitive market.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mt Pleasant Housing Development Fund
EIN
13-3745063
Phone
2124103153
Address
421 EAST 116TH STREET, NEW YORK, NY 10029

Signing Officer

Name
Christopher Cirillo
Title
Executive Director/president
Phone
2124103153
Signed
2021-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Cirillo
Formed
1995
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990 PART XII, LINE 2C:

“The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The corporation did not have any unrelated business income for the years ended november 30, 2020 and 2019. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the internal revenue service and other taxing authorities. Accordingly, no provision for income taxes has been included in the accompanying financial statements and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since ending on or after november 30, 2017 remain open.”

Raw XML AppendixShowing 400 of 743 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/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5127327
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0382959
IRS990/OccupancyGrp/TotalAmt0382959
IRS990/OfficeExpensesGrp/ProgramServicesAmt028183
IRS990/OfficeExpensesGrp/TotalAmt028183
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0354105
IRS990/OtherAssetsTotalGrp/EOYAmt0405147
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3MISC. TAXES, LICENSES A
IRS990/OtherExpensesGrp/ProgramServicesAmt0128897
IRS990/OtherExpensesGrp/ProgramServicesAmt114958
IRS990/OtherExpensesGrp/ProgramServicesAmt213424
IRS990/OtherExpensesGrp/ProgramServicesAmt3610
IRS990/OtherExpensesGrp/TotalAmt0128897
IRS990/OtherExpensesGrp/TotalAmt114958
IRS990/OtherExpensesGrp/TotalAmt213424
IRS990/OtherExpensesGrp/TotalAmt3610
IRS990/OtherLiabilitiesGrp/BOYAmt0739004
IRS990/OtherLiabilitiesGrp/EOYAmt01108473
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058556
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070464
IRS990/PrincipalOfficerNm0CHRISTOPHER CIRILLO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01593509
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01593509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0907
IRS990/PYOtherExpensesAmt01450401
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01021430
IRS990/PYRevenuesLessExpensesAmt0-428064
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01450401
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01022337
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0179897
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01593559
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0759
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0907
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0754
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0903
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0853
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01593559
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01021430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01021626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0824078
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0635659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05096352
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0754
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0903
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04176
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt05096352
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01593559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01021430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01021626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0824078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0635659
IRS990ScheduleA/Total509Grp/TotalAmt05096352
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01594318
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01022337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01022380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0824981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0636512
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05100528
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01008645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05314533
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06323178
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0105659
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105659
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01414421
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt031500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011425
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114032
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2378938
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3752
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MISCELLANEOUS OTHER ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08375
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038423
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046798
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1240523
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2852467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01594318
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED NOVEMBER 30, 2020 AND 2019. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE ENDING ON OR AFTER NOVEMBER 30, 2017 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01048520
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0405147
IRS990ScheduleD/TotalExpensesPerForm990Amt01414421
IRS990ScheduleD/TotalLiabilityAmt01108473
IRS990ScheduleD/TotalRevenuePerForm990Amt01594318
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01594318
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01414421
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0183376
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt032707
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTOPHER CIRILLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR/PRESIDE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0216083
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES MANAGEMENT DUTIES TO LOTT CDC AND THE WAVECREST MANAGEMENT TEAM, LTD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE ORGANIZATIONS 990 IS PROVIDED TO MANAGEMENT FOR REVIEW AND COMMENTS BEFORE FILING.

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Filings

Displayed year

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

Open filing
Assets
$2,404,485
Liabilities
$7,531,812
Net assets
-$5,127,327
Revenue
$1,594,318
Expenses
$1,414,421
Net income
$179,897
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$7.32$5.91$1.28$1.39$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.47$7.32$5.85$1.20$1.61$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.81$7.06$5.25$1.23$1.42$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.66$6.72$5.06$1.49$1.43$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.40$7.53$5.13$1.59$1.41$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.75$7.06$5.31$1.02$1.45$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.88$6.76$4.88$1.02$1.23$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.27$6.93$4.67$0.82$0.88$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.34$6.63$4.29$0.64$0.95$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.57$6.55$3.98$0.66$0.84$0.18
2014Detailed filing. Detailed filing data is available for this year.$2.74$6.54$3.80$0.68$0.81$0.14
2012Summary only. Only limited summary data is available for this year.$3.14$6.70$3.56$0.68$0.77$0.09
2011Summary only. Only limited summary data is available for this year.$3.22$6.70$3.47$0.60$0.78$0.18