Civic Intelligence

Lincoln Towers Housing Development Fund Corporation

990 • Fiscal year 2018 • EIN 13-3974371

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 17, 2018

Organization ProfileN/A
5 West Main StreetElmsford, NY 10523

(914) 592-5434

Siviq Scores

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

Liabilities / Assets

91st percentile

1.18x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

7.16x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Net Margin

19th percentile

-19%

Higher net margin than 19% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE L • $10M-$25M nonprofits • Source year 2018

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

1.1%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$10,994,129

Down $1,724,570 (-14%) from 2017

Net Assets

Down

-$1,930,244

Down $342,006 (-22%) from 2017

Liabilities

Down

$12,924,373

Down $1,382,564 (-9.7%) from 2017

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin19th percentile

Revenue

Up

$1,804,360

Up $18,949 (+1.1%) from 2017

Expenses

Up

$2,146,366

Up $491,855 (+30%) from 2017

Net Income

Down

-$342,006

Down $472,906 (-361%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $5,834,251Liabilities 2011: $7,243,048Net Assets 2011: -$1,408,7972011Assets 2012: $5,579,923Liabilities 2012: $6,993,505Net Assets 2012: -$1,413,5822012Assets 2013: $5,146,090Liabilities 2013: $6,623,827Net Assets 2013: -$1,477,7372013Assets 2014: $4,909,636Liabilities 2014: $6,261,553Net Assets 2014: -$1,351,9172014Assets 2015: $6,948,151Liabilities 2015: $8,827,842Net Assets 2015: -$1,879,6912015Assets 2016: $7,324,570Liabilities 2016: $9,043,708Net Assets 2016: -$1,719,1382016Assets 2017: $12,718,699Liabilities 2017: $14,306,937Net Assets 2017: -$1,588,2382017Assets 2018: $10,994,129Liabilities 2018: $12,924,373Net Assets 2018: -$1,930,2442018Assets 2019: $10,277,181Liabilities 2019: $12,791,833Net Assets 2019: -$2,514,6522019Assets 2020: $9,733,373Liabilities 2020: $12,792,463Net Assets 2020: -$3,059,0902020Assets 2021: $9,118,785Liabilities 2021: $12,380,787Net Assets 2021: -$3,262,0022021Assets 2022: $8,040,061Liabilities 2022: $11,570,255Net Assets 2022: -$3,530,1942022Assets 2023: $7,666,621Liabilities 2023: $11,368,573Net Assets 2023: -$3,701,9522023Assets 2024: $7,212,500Liabilities 2024: $11,108,672Net Assets 2024: -$3,896,1722024Assets 2025: $7,089,980Liabilities 2025: $10,870,042Net Assets 2025: -$3,780,0622025

Highlighted filing

2018

Assets$10,994,129
Liabilities$12,924,373
Net Assets-$1,930,244
Open 2018 Filing

Operations Trend

Revenue Growth46th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,615,0002011Expenses 2012: $1,652,6792012Revenue 2013: $1,657,575Expenses 2013: $1,721,730Net Income 2013: -$64,1552013Revenue 2014: $1,664,015Expenses 2014: $1,538,195Net Income 2014: $125,8202014Revenue 2015: $1,644,004Expenses 2015: $2,171,778Net Income 2015: -$527,7742015Revenue 2016: $1,679,084Expenses 2016: $1,518,531Net Income 2016: $160,5532016Revenue 2017: $1,785,411Expenses 2017: $1,654,511Net Income 2017: $130,9002017Revenue 2018: $1,804,360Expenses 2018: $2,146,366Net Income 2018: -$342,0062018Revenue 2019: $1,774,843Expenses 2019: $2,359,251Net Income 2019: -$584,4082019Revenue 2020: $1,881,916Expenses 2020: $2,426,354Net Income 2020: -$544,4382020Revenue 2021: $1,942,997Expenses 2021: $2,145,909Net Income 2021: -$202,9122021Revenue 2022: $1,977,813Expenses 2022: $2,065,286Net Income 2022: -$87,4732022Revenue 2023: $2,004,613Expenses 2023: $2,176,371Net Income 2023: -$171,7582023Revenue 2024: $2,151,933Expenses 2024: $2,346,153Net Income 2024: -$194,2202024Revenue 2025: $2,251,148Expenses 2025: $2,135,038Net Income 2025: $116,1102025

Highlighted filing

2018

Revenue$1,804,360
Expenses$2,146,366
Net Income-$342,006
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 17, 2018
Return Version
2017v2.2
Gross Receipts
$1,804,360
Mission and Program Overview

Mission

To acquire and operate an 89-unit residential rental project, located in new rochelle, ny, under the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,190,757$5,028,029▼ $162,728
Land, Buildings, and Equipment, Net$3,409,064$3,048,337▼ $360,727
Intangible Assets$668,090$646,187▼ $21,903
Prepaid Expenses and Deferred Charges$35,084$49,618▲ $14,534
Cash and Non-Interest-Bearing Accounts$2,163$9,753▲ $7,590
Accounts Receivable$11,417$6,897▼ $4,520
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$12,718,699$10,994,129▼ $1,724,570
Other Assets Total$3,402,124$2,205,308▼ $1,196,816
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,851,432$12,651,728▼ $199,704
Accounts Payable and Accrued Expenses$121,367$202,073▲ $80,706
Other Liabilities$1,334,138$70,572▼ $1,263,566
Total Liabilities$14,306,937$12,924,373▼ $1,382,564
Net Assets / Fund Balance
Unrestricted Net Assets$-1,588,238$-1,930,244▼ $342,006
Total Net Assets Fund Balance$-1,588,238$-1,930,244▼ $342,006
Total Liabilities and Net Assets / Fund Balance$12,718,699$10,994,129▼ $1,724,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,871,253$6,920,237$9,791,490
Land$174,284-$174,284
Equipment$2,800$62,046$64,846
Other Assets Org$32,801--
Compensation and Service Providers
Top Officer Pay25th percentile

Board Members and Trustees

NameTitle
REVdr MICHAEL J ROUSEChairman
Mary E WilliamsDirector
anna davisDirector
ayris granbyDirector
fred alstonDirector
roger porterDirector
patricia johnsonSecretary
Bernice Smith EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,317,775
Program Service Revenue
$405,556
Investment Income
$59,781
Other Revenue
$21,248
Change in Net Assets
$-342,006

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,804,360
Total Revenue per Audited Statements
$1,804,360
Total Revenue per Form 990
$1,804,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,975,826
Salaries, Compensation, and Employee Benefits$170,540
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$463,669--$463,669
Depreciation Depletion$382,630--$382,630
Other Salaries and Wages$119,921--$119,921
All Other Expenses$103,973--$103,973
Fees for Services Management$64,994--$64,994
Insurance$46,875--$46,875
Other Expenses$46,480--$46,480
Other Employee Benefits$42,470--$42,470
Fees for Services Other$12,000--$12,000
Fees for Services Accounting$9,300--$9,300
Payroll Taxes$8,149--$8,149
Fees for Services Legal$3,550--$3,550
Office Expenses$3,084--$3,084
Total Functional Expenses$2,146,366$0$0$2,146,366

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,146,366
Total Expenses per Audited Statements$2,146,366
Total Expenses per Form 990$2,146,366
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Interest Payable$35,741
Tenants Security Deposits$32,801
Prepaid Rent$2,030
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“board of trustees prepare and document minutes of meetings as required.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“the board of directors must approve the federal tax form 990 and the related state tax filings.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“after approval of the financial statements by the board of directors on an annual basis, the organzation makes available all governance documents, policy statements, financial statements and tax returns to the public, upon written request. the organization also timely files it annual char 500 report with the nys attorney general and all of its filings including its federal tax returns are made available through the nysoag charities bureau website.”

Filing and Contact Details

Filer

Filer Name
Lincoln Towers Housing Development
EIN
13-3974371
Phone
9145925434
Address
5 WEST MAIN STREET, ELMSFORD, NY 10523

Signing Officer

Name
Rev Michael J Rouse
Title
President
Signed
2018-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
REVdr MICHAEL J ROUSE
Formed
1998
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
2

Preparer

Firm
Palmetto Mollo Molinaro & Passarello Llp
Address
91 Broadhollow Road, Melville, NY 11747-2500
Preparer
Kenneth Krieger
Phone
6317618989
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt03084
IRS990/OfficeExpensesGrp/TotalAmt03084
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03402124
IRS990/OtherAssetsTotalGrp/EOYAmt02205308
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042470
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042470
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAX
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SECURITY CONTRACT
IRS990/OtherExpensesGrp/ProgramServicesAmt0357722
IRS990/OtherExpensesGrp/ProgramServicesAmt1349061
IRS990/OtherExpensesGrp/ProgramServicesAmt2132488
IRS990/OtherExpensesGrp/ProgramServicesAmt346480
IRS990/OtherExpensesGrp/TotalAmt0357722
IRS990/OtherExpensesGrp/TotalAmt1349061
IRS990/OtherExpensesGrp/TotalAmt2132488
IRS990/OtherExpensesGrp/TotalAmt346480
IRS990/OtherLiabilitiesGrp/BOYAmt01334138
IRS990/OtherLiabilitiesGrp/EOYAmt070572
IRS990/OtherRevenueMiscGrp/BusinessCd0531190
IRS990/OtherRevenueMiscGrp/Desc0OTHER RENTAL INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021248
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021248
IRS990/OtherRevenueTotalAmt021248
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0119921
IRS990/OtherSalariesAndWagesGrp/TotalAmt0119921
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt08149
IRS990/PayrollTaxesGrp/TotalAmt08149
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035084
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049618
IRS990/PrincipalOfficerNm0REVdr MICHAEL J ROUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/Desc1PARKING
IRS990/ProgramServiceRevenueGrp/Desc2TENANTS RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14390
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2396066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2396066
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01310553
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt072061
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01482186
IRS990/PYOtherRevenueAmt02863
IRS990/PYProgramServiceRevenueAmt0399934
IRS990/PYRevenuesLessExpensesAmt0130900
IRS990/PYSalariesCompEmpBnftPaidAmt0172325
IRS990/PYTotalExpensesAmt01654511
IRS990/PYTotalRevenueAmt01785411
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-342006
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01804360
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05190757
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05028029
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01317775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01310553
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01269378
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01257604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01285369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06440679
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt059781
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt072061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03737
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0137042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0426804
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0411258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0386578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0354133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0351264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01930037
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt059781
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt072061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03737
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0137042
IRS990ScheduleA/InvestmentIncomeCYPct00.01590
IRS990ScheduleA/InvestmentIncomePYPct00.00920
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt021248
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt022374
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt019391
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt031090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt027096
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0121199
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97010
IRS990ScheduleA/PublicSupportPY509Pct00.97560
IRS990ScheduleA/PublicSupportTotal509Amt08370716
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01744579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01721811
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01655956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01611737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01636633
IRS990ScheduleA/Total509Grp/TotalAmt08370716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01825608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01816246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01679084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01644004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01664015
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08628957
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02871253
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06920237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09791490
IRS990ScheduleD/EquipmentGrp/BookValueAmt02800
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062046
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064846
IRS990ScheduleD/ExpensesSubtotalAmt02146366
IRS990ScheduleD/LandGrp/BookValueAmt0174284
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0174284
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01455052
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15065
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt232700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3325704
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4353986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt532801
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0cash out proceeds escroW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MISCELLANEOUS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3repair escrow
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESERVE FOR REPLACMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6washington house escrow funds
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035741
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12030

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,994,129
Liabilities
$12,924,373
Net assets
-$1,930,244
Revenue
$1,804,360
Expenses
$2,146,366
Net income
-$342,006
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.09$10.9$3.78$2.25$2.14$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$11.1$3.90$2.15$2.35$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.67$11.4$3.70$2.00$2.18$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$11.6$3.53$1.98$2.07$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.12$12.4$3.26$1.94$2.15$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$12.8$3.06$1.88$2.43$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$12.8$2.51$1.77$2.36$0.58
2018Detailed filing. Detailed filing data is available for this year.$11.0$12.9$1.93$1.80$2.15$0.34
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$14.3$1.59$1.79$1.65$0.13
2016Detailed filing. Detailed filing data is available for this year.$7.32$9.04$1.72$1.68$1.52$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.95$8.83$1.88$1.64$2.17$0.53
2014Detailed filing. Detailed filing data is available for this year.$4.91$6.26$1.35$1.66$1.54$0.13
2013Summary only. Only limited summary data is available for this year.$5.15$6.62$1.48$1.66$1.72$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$6.99$1.41$1.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$7.24$1.41$1.62