Civic Intelligence

Lyon Mountain Housing Development Fund

990 • Fiscal year 2016 • EIN 14-1699490

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 19, 2017

Organization ProfileN/A
3921 Route 374 PO Box 20Lyon Mountain, NY 12952

(518) 735-4669

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

8.27x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

10th percentile

-34%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

21st percentile

-6.9%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

35th percentile

-4.0%

Faster revenue growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$568,396

Down $42,376 (-6.9%) from 2015

Net Assets

Down

-$254,356

Down $33,849 (-15%) from 2015

Liabilities

Down

$822,752

Down $8,527 (-1.0%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin10th percentile

Revenue

Down

$99,509

Down $4,195 (-4.0%) from 2015

Expenses

Down

$133,358

Down $15,005 (-10%) from 2015

Net Income

Up

-$33,849

Up $10,810 (+24%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$1.0M$500K$0-$500KAssets 2011: $688,979Liabilities 2011: $803,760Net Assets 2011: -$114,7812011Assets 2012: $661,970Liabilities 2012: $797,615Net Assets 2012: -$135,6452012Assets 2013: $645,968Liabilities 2013: $808,428Net Assets 2013: -$162,4602013Assets 2014: $642,609Liabilities 2014: $818,457Net Assets 2014: -$175,8482014Assets 2015: $610,772Liabilities 2015: $831,279Net Assets 2015: -$220,5072015Assets 2016: $568,396Liabilities 2016: $822,752Net Assets 2016: -$254,3562016Assets 2017: $540,329Liabilities 2017: $812,222Net Assets 2017: -$271,8932017Assets 2018: $528,652Liabilities 2018: $810,765Net Assets 2018: -$282,1132018Assets 2019: $508,333Liabilities 2019: $8,744Net Assets 2019: $499,5892019Assets 2020: $471,336Liabilities 2020: $9,695Net Assets 2020: $461,6412020

Highlighted filing

2016

Assets$568,396
Liabilities$822,752
Net Assets-$254,356
Open 2016 Filing

Operations Trend

Revenue Growth35th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $152,493Expenses 2011: $164,167Net Income 2011: -$11,6742011Revenue 2012: $142,834Expenses 2012: $163,698Net Income 2012: -$20,8642012Revenue 2013: $103,615Expenses 2013: $130,430Net Income 2013: -$26,8152013Revenue 2014: $123,002Expenses 2014: $146,514Net Income 2014: -$23,5122014Revenue 2015: $103,704Expenses 2015: $148,363Net Income 2015: -$44,6592015Revenue 2016: $99,509Expenses 2016: $133,358Net Income 2016: -$33,8492016Revenue 2017: $130,535Expenses 2017: $148,072Net Income 2017: -$17,5372017Revenue 2018: $130,298Expenses 2018: $140,518Net Income 2018: -$10,2202018Revenue 2019: $913,921Expenses 2019: $132,219Net Income 2019: $781,7022019Revenue 2020: $94,713Expenses 2020: $132,661Net Income 2020: -$37,9482020

Highlighted filing

2016

Revenue$99,509
Expenses$133,358
Net Income-$33,849
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 19, 2017
Return Version
2016v3.0
Gross Receipts
$99,509
Mission and Program Overview

Mission

The organization maintains an 18-unit low-income apartment building for senior citizens and disabled individuals. The building was constructed with fmha loans and subsidized interest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$507,593$482,605▼ $24,988
Cash and Non-Interest-Bearing Accounts$37,254$31,504▼ $5,750
Prepaid Expenses and Deferred Charges$5,004$5,391▲ $387
Accounts Receivable$538$283▼ $255
Total Assets$610,772$568,396▼ $42,376
Other Assets Total$60,383$48,613▼ $11,770
Liabilities
Mortgage Notes Payable Secured by Investment Property$816,186$809,476▼ $6,710
Accounts Payable and Accrued Expenses$10,030$8,009▼ $2,021
Other Liabilities$5,063$5,267▲ $204
Total Liabilities$831,279$822,752▼ $8,527
Net Assets / Fund Balance
Unrestricted Net Assets$-220,507$-254,356▼ $33,849
Total Net Assets Fund Balance$-220,507$-254,356▼ $33,849
Total Liabilities and Net Assets / Fund Balance$610,772$568,396▼ $42,376

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$433,310$471,741$905,051
Equipment$44,295$89,820$134,115
Land$5,000-$5,000
Other Assets Org$35,343--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Jean LeclairPresident
Claire KowalowskiVice President
Brenda OwenDirector
Gail WilsonDirector
Joan FetzkoDirector
Kathleen ScottDirector
Mary Lou HartpenceDirector
Robin ChaseDirector
Shirley DurninDirector
Sybil WoodwardDirector
Cathy MoultonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$12,000
Program Service Revenue
$83,750
Investment Income
$74
Other Revenue
$3,685
All Other Contributions
$12,000
Change in Net Assets
$-33,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$99,509
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$99,509
Total Revenue per Form 990
$99,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,807
Salaries, Compensation, and Employee Benefits$18,551
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$25,216--$25,216
Depreciation Depletion$24,988--$24,988
Other Salaries and Wages$7,078$9,072-$16,150
Interest$14,078--$14,078
Insurance$8,389--$8,389
All Other Expenses$5,445$2,183-$7,628
Fees for Services Other$1,807$4,100-$5,907
Fees for Services Management-$5,824-$5,824
Advertising-$2,710-$2,710
Other Expenses$2,646--$2,646
Office Expenses-$1,449-$1,449
Payroll Taxes$541$694-$1,235
Other Employee Benefits$511$655-$1,166
Total Functional Expenses$106,671$26,687$0$133,358

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$133,358
Total Expenses per Audited Statements$133,358
Total Expenses per Form 990$133,358
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
Fundraising Gross Income$2,269
Fundraising Direct Expenses$0
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
TENANTS' SECURITY DEPOSITS$5,267
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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

“Management duties are performed by belmont management company including maintenance, bookkeeping, rental, marketing. All employees are paid by belmont management.”

Form 990, Part VI, Section A, Line 8B

“THERE ARE NO COMMITTEES.”

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

“During a scheduled meeting the board reviews the 990. A copy is then mailed to the irs and a copy is kept for records.”

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

“Voluntary disclosure required.”

Form 990, Part VI, Section C, Line 19

“Available upon request from the office.”

Filing and Contact Details

Filer

Filer Name
Lyon Mountain Housing Development Fund
EIN
14-1699490
Phone
5187354669
Address
3921 ROUTE 374 PO BOX 20, LYON MOUNTAIN, NY 12952

Signing Officer

Name
Jean Leclair
Title
President
Phone
5187354669
Signed
2017-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Leclair
Formed
1988
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2016.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The organization has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The organization presently discloses or recognizes income tax position based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the organization has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the organization are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 491 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/OtherSalariesAndWagesGrp/ProgramServicesAmt07078
IRS990/OtherSalariesAndWagesGrp/TotalAmt016150
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0694
IRS990/PayrollTaxesGrp/ProgramServicesAmt0541
IRS990/PayrollTaxesGrp/TotalAmt01235
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05004
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05391
IRS990/PrincipalOfficerNm0JEAN LECLAIR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL ASSITANCE PAYME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056759
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126991
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012071
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt091
IRS990/PYOtherExpensesAmt0128304
IRS990/PYOtherRevenueAmt02654
IRS990/PYProgramServiceRevenueAmt088888
IRS990/PYRevenuesLessExpensesAmt0-44659
IRS990/PYSalariesCompEmpBnftPaidAmt020059
IRS990/PYTotalExpensesAmt0148363
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0103704
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-33849
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt083750
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012071
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049198
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt085269
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0281
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt083750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt088888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0108488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0102783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt090751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0474660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0281
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03685
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02654
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02434
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0868
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02867
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012508
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97770
IRS990ScheduleA/PublicSupportPY509Pct00.98250
IRS990ScheduleA/PublicSupportTotal509Amt0559929
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt095750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0100959
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0120488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102783
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0139949
IRS990ScheduleA/Total509Grp/TotalAmt0559929
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt099509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0103704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0123002
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0103669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0142834
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0572718
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0433310
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0471741
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0905051
IRS990ScheduleD/EquipmentGrp/BookValueAmt044295
IRS990ScheduleD/EquipmentGrp/DepreciationAmt089820
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0134115
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0133358
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05267
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13683
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24320
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt335343
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2WATER & SEWER ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05267
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt099509
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0482605
IRS990ScheduleD/TotalBookValueOtherAssetsAmt048613
IRS990ScheduleD/TotalExpensesPerForm990Amt0133358
IRS990ScheduleD/TotalLiabilityAmt05267
IRS990ScheduleD/TotalRevenuePerForm990Amt099509
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt099509
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0133358
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE PERFORMED BY BELMONT MANAGEMENT COMPANY INCLUDING MAINTENANCE, BOOKKEEPING, RENTAL, MARKETING. ALL EMPLOYEES ARE PAID BY BELMONT MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING A SCHEDULED MEETING THE BOARD REVIEWS THE 990. A COPY IS THEN MAILED TO THE IRS AND A COPY IS KEPT FOR RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VOLUNTARY DISCLOSURE REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST FROM THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$568,396
Liabilities
$822,752
Net assets
-$254,356
Revenue
$99,509
Expenses
$133,358
Net income
-$33,849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$4.71$0.10$4.62$0.95$1.33$0.38
2019Detailed filing. Detailed filing data is available for this year.$5.08$0.09$5.00$9.14$1.32$7.82
2018Detailed filing. Detailed filing data is available for this year.$5.29$8.11$2.82$1.30$1.41$0.10
2017Detailed filing. Detailed filing data is available for this year.$5.40$8.12$2.72$1.31$1.48$0.18
2016Detailed filing. Detailed filing data is available for this year.$5.68$8.23$2.54$1.00$1.33$0.34
2015Detailed filing. Detailed filing data is available for this year.$6.11$8.31$2.21$1.04$1.48$0.45
2014Detailed filing. Detailed filing data is available for this year.$6.43$8.18$1.76$1.23$1.47$0.24
2013Detailed filing. Detailed filing data is available for this year.$6.46$8.08$1.62$1.04$1.30$0.27
2012Summary only. Only limited summary data is available for this year.$6.62$7.98$1.36$1.43$1.64$0.21
2011Summary only. Only limited summary data is available for this year.$6.89$8.04$1.15$1.52$1.64$0.12