Victory Heights Inc

990 • Fiscal year 2016 • EIN 14-1869907

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 22, 2016

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

0.38x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

5.98x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

-45%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

$365,893

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 50.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

-3.9%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

27%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets63rd percentile

Assets

Down

$11,404,898

Down $459,191 (-3.9%) from 2015

Net Assets

Down

$7,087,076

Down $326,979 (-4.4%) from 2015

Liabilities

Down

$4,317,822

Down $132,212 (-3.0%) from 2015

Revenue And Expenses

Liabilities / Revenue95th percentile Net Margin6th percentile

Revenue

$721,512

Up $154,910 (+27%) from 2015

Expenses

$1,048,491

Up $61,954 (+6.3%) from 2015

Net Income

-$326,979

Up $92,956 (+22%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

Highlighted filing

2016

Assets$11,404,898

Liabilities$4,317,822

Net Assets$7,087,076

Open 2016 Filing

Operations Trend

Revenue Growth84th percentile

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

Highlighted filing

2016

Revenue$721,512

Expenses$1,048,491

Net Income-$326,979

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2015 to Jun 30, 2016
Signed: Dec 22, 2016
Return Version: 2015v2.0
Gross Receipts: $721,512

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$11,375,757	$11,059,050	▼ $316,707
Accounts Receivable	$46	$152,706	▲ $152,660
Cash and Non-Interest-Bearing Accounts	$38,440	$4,394	▼ $34,046
Prepaid Expenses and Deferred Charges	$423	$325	▼ $98
Savings and Temporary Cash Investments	-	$0	-
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	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$11,864,089	$11,404,898	▼ $459,191
Other Assets Total	$449,423	$188,423	▼ $261,000
Liabilities
Mortgage Notes Payable Secured by Investment Property	$4,250,000	$4,250,000	→ $0
Other Liabilities	$170,312	$42,190	▼ $128,122
Accounts Payable and Accrued Expenses	$27,232	$23,003	▼ $4,229
Deferred Revenue	$2,490	$2,629	▲ $139
Total Liabilities	$4,450,034	$4,317,822	▼ $132,212
Net Assets / Fund Balance
Unrestricted Net Assets	$7,414,055	$7,087,076	▼ $326,979
Total Net Assets Fund Balance	$7,414,055	$7,087,076	▼ $326,979
Total Liabilities and Net Assets / Fund Balance	$11,864,089	$11,404,898	▼ $459,191

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$7,974,823	$2,232,950	$10,207,773
Land	$2,675,000	-	$2,675,000
Leasehold Improvements	$398,159	$534,384	$932,543
Other Land Buildings	$11,068	$506,148	$517,216
Equipment	-	$8,090	$8,090

Compensation and Service Providers

Top Officer Pay85th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Barry Knestout	Director
Rev Msgr Ralph Kuehner	Director
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $720,907
Investment Income: $605
Other Revenue: $0
Change in Net Assets: $-326,979

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$887,512
Salaries, Compensation, and Employee Benefits	$160,979
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$322,417	-	-	$322,417
Other Salaries and Wages	$101,616	-	-	$101,616
Other Employee Benefits	$43,875	-	-	$43,875
Fees for Services Management	-	$39,261	-	$39,261
All Other Expenses	$31,025	$3,150	-	$34,175
Fees for Services Legal	$30,068	-	-	$30,068
Payroll Taxes	$15,488	-	-	$15,488
Other Expenses	$12,742	-	-	$12,742
Fees for Services Accounting	-	$9,600	-	$9,600
Office Expenses	$3,537	-	-	$3,537
Travel	$529	-	-	$529
Advertising	$137	-	-	$137
Total Functional Expenses	$996,480	$52,011	$0	$1,048,491

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
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 Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	-	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Parkside Seniorlp	Rockville, MD	Real Estate	-	$3,541	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-55	$2,426	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-97	$1,540	0.00%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$-10	$1,255	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-15	$1,141	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-44	$1,080	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-3	$1,059	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-26	$949	25%	Yes
Victory Terrace Lp	Rockville, MD	Real Estate	$-42	$731	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-97	$3,541	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-44	$2,426	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$26,056
Misc. Current Liabilities	$10,958
Misc. Long-term Liabilities	$5,174
Rounding	$2

Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“Draft of form 990 is provided to board members for review and approval prior to filing.”

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

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Victory Heights Inc
EIN: 14-1869907
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: James A Brown Jr
Title: President
Signed: 2016-12-22

Organization Details

Principal Officer: James a Brown Jr
Formed: 2002
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

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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/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	3281572
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	11375757
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	11059050
IRS990/LandBldgEquipCostOrOtherBssAmt	0	14340622
IRS990/LegalDomicileStateCd	0	MD
IRS990/LicensedMoreThanOneStateInd	0	false
IRS990/LoanOutstandingInd	0	false
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	false
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	4250000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	4250000
IRS990/NetAssetsOrFundBalancesBOYAmt	0	7414055
IRS990/NetAssetsOrFundBalancesEOYAmt	0	7087076
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	3537
IRS990/OfficeExpensesGrp/TotalAmt	0	3537
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	449423
IRS990/OtherAssetsTotalGrp/EOYAmt	0	188423
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	43875
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	43875
IRS990/OtherExpensesGrp/Desc	0	REPAIRS / MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	HAZARD INSURANCE
IRS990/OtherExpensesGrp/Desc	3	LOSS ON DISPOSAL OF ASSET
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	343064
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	62978
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	29004
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	12742
IRS990/OtherExpensesGrp/TotalAmt	0	343064
IRS990/OtherExpensesGrp/TotalAmt	1	62978
IRS990/OtherExpensesGrp/TotalAmt	2	29004
IRS990/OtherExpensesGrp/TotalAmt	3	12742
IRS990/OtherLiabilitiesGrp/BOYAmt	0	170312
IRS990/OtherLiabilitiesGrp/EOYAmt	0	42190
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	101616
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	101616
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	15488
IRS990/PayrollTaxesGrp/TotalAmt	0	15488
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	423
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	325
IRS990/PrincipalOfficerNm	0	JAMES A BROWN JR
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	252453
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	275876
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	192578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	252453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	275876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	192578
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	341
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	823412
IRS990/PYProgramServiceRevenueAmt	0	566261
IRS990/PYRevenuesLessExpensesAmt	0	-419935
IRS990/PYSalariesCompEmpBnftPaidAmt	0	163125
IRS990/PYTotalExpensesAmt	0	986537
IRS990/PYTotalRevenueAmt	0	566602
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-326979
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	605
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	341
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	349
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	332
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	351
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	1978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	528329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	530318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	524049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	531209
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	531433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2645338
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	351
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	1978
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00070
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00070
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	192578
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	35943
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	33811
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	25052
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	18911
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	306295
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.89560
IRS990ScheduleA/PublicSupportPY509Pct	0	0.95550
IRS990ScheduleA/PublicSupportTotal509Amt	0	2645338
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	528329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	530318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	524049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	531209
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	531433
IRS990ScheduleA/Total509Grp/TotalAmt	0	2645338
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	721512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	566602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	558209
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	556593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	550695
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2953611
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	7974823
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	2232950
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	10207773
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	8090
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	8090
IRS990ScheduleD/LandGrp/BookValueAmt	0	2675000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	2675000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	398159
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	534384
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	932543
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	11068
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	506148
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	517216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	10958
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	5174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	26056
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	11059050
IRS990ScheduleD/TotalLiabilityAmt	0	42190
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	365893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	161929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205246
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	Vice President

Document Assets

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Filings

Displayed year

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

Open filing

Assets: $11,404,898
Liabilities: $4,317,822
Net assets: $7,087,076
Revenue: $721,512
Expenses: $1,048,491
Net income: -$326,979

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$9.88	$4.55	$5.33	$1.01	$1.11	$0.10
2023Summary only. Only limited summary data is available for this year.	$9.90	$4.37	$5.53	$0.92	$1.13	$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$10.1	$4.36	$5.74	$0.91	$1.09	$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$10.4	$4.44	$5.92	$0.88	$1.16	$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$10.5	$4.30	$6.20	$0.80	$0.98	$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.	$10.7	$4.31	$6.37	$0.72	$0.92	$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$10.9	$4.31	$6.56	$0.68	$0.90	$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$11.1	$4.34	$6.79	$0.58	$0.88	$0.30
2016Detailed filing. Detailed filing data is available for this year.	$11.4	$4.32	$7.09	$0.72	$1.05	$0.33
2015Summary only. Only limited summary data is available for this year.	$11.9	$4.45	$7.41	$0.57	$0.99	$0.42
2014Detailed filing. Detailed filing data is available for this year.	$12.1	$4.31	$7.83	$0.56	$0.83	$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$12.4	$4.31	$8.10		$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$12.7	$4.30	$8.36		$0.88
2011Summary only. Only limited summary data is available for this year.	$13.0	$4.30	$8.69	$0.54	$0.88	$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$13.4	$4.33	$9.03		$0.84