Victory Heights Inc

990 • Fiscal year 2018 • EIN 14-1869907

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 12, 2018

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.

0.40x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

6.38x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

-33%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

$235,976

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 34.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

-2.3%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

17%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets66th percentile

Assets

Down

$10,871,240

Down $252,157 (-2.3%) from 2017

Net Assets

Down

$6,562,874

Down $223,173 (-3.3%) from 2017

Liabilities

Down

$4,308,366

Down $28,984 (-0.7%) from 2017

Revenue And Expenses

Liabilities / Revenue95th percentile Net Margin7th percentile

Revenue

$675,195

Up $96,034 (+17%) from 2017

Expenses

$898,368

Up $18,178 (+2.1%) from 2017

Net Income

-$223,173

Up $77,856 (+26%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

Highlighted filing

2018

Assets$10,871,240

Liabilities$4,308,366

Net Assets$6,562,874

Open 2018 Filing

Operations Trend

Revenue Growth74th percentile

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

Highlighted filing

2018

Revenue$675,195

Expenses$898,368

Net Income-$223,173

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2017 to Jun 30, 2018
Signed: Oct 12, 2018
Return Version: 2017v2.2
Gross Receipts: $675,195

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$10,738,486	$10,419,545	▼ $318,941
Cash and Non-Interest-Bearing Accounts	$2,710	$6,136	▲ $3,426
Prepaid Expenses and Deferred Charges	$4,871	$5,243	▲ $372
Accounts Receivable	$16,859	$960	▼ $15,899
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	$11,123,397	$10,871,240	▼ $252,157
Other Assets Total	$360,471	$439,356	▲ $78,885
Liabilities
Mortgage Notes Payable Secured by Investment Property	$4,250,000	$4,250,000	→ $0
Other Liabilities	$31,736	$30,720	▼ $1,016
Accounts Payable and Accrued Expenses	$54,591	$26,654	▼ $27,937
Deferred Revenue	$1,023	$992	▼ $31
Total Liabilities	$4,337,350	$4,308,366	▼ $28,984
Net Assets / Fund Balance
Unrestricted Net Assets	$6,786,047	$6,562,874	▼ $223,173
Total Net Assets Fund Balance	$6,786,047	$6,562,874	▼ $223,173
Total Liabilities and Net Assets / Fund Balance	$11,123,397	$10,871,240	▼ $252,157

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$7,460,807	$2,770,007	$10,230,814
Land	$2,675,000	-	$2,675,000
Leasehold Improvements	$275,785	$635,416	$911,201
Other Land Buildings	$7,953	$509,263	$517,216
Equipment	-	$8,090	$8,090

Compensation and Service Providers

Top Officer Pay67th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
Leila a Finucane	President & CEO
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Charles Antonicelli	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: $673,815
Investment Income: $1,380
Other Revenue: $0
Change in Net Assets: $-223,173

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$731,900
Salaries, Compensation, and Employee Benefits	$166,468
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	$320,572	-	-	$320,572
Other Salaries and Wages	$106,585	-	-	$106,585
Fees for Services Management	-	$48,274	-	$48,274
Other Employee Benefits	$44,863	-	-	$44,863
All Other Expenses	$22,475	$3,150	-	$25,625
Fees for Services Legal	$19,186	-	-	$19,186
Payroll Taxes	$15,020	-	-	$15,020
Office Expenses	$10,901	-	-	$10,901
Fees for Services Accounting	-	$9,800	-	$9,800
Other Expenses	$8,287	-	-	$8,287
Travel	$542	-	-	$542
Advertising	$200	-	-	$200
Total Functional Expenses	$837,144	$61,224	$0	$898,368

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
Victory Terrace Lp	Rockville, MD	Real Estate	$59,805	$6,192,446	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$72,084	$1,120	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$34,338	$934	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$21,804	$850	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	$3,298	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-115	$1,498	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-32	$1,433	0.00%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$12	$1,011	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-32	$998	25%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-32	$998	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Haven Lp	Rockville, MD	Real Estate	-	-	-	No

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-115	$3,218	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	-	-	Victory Hsg
Victory Haven LLC	Rockville, MD	Real Estate	-	-	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$26,564
Misc. Long-term Liabilities	$3,138
Misc. Current Liabilities	$1,018

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: Leila a Finucane
Title: President & CEO
Signed: 2018-10-12

Organization Details

Principal Officer: Leila a Finucane
Formed: 2002
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

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IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/InvestTaxExemptBondsInd	0	false
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	3922776
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	10738486
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	10419545
IRS990/LandBldgEquipCostOrOtherBssAmt	0	14342321
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	6786047
IRS990/NetAssetsOrFundBalancesEOYAmt	0	6562874
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	10901
IRS990/OfficeExpensesGrp/TotalAmt	0	10901
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	360471
IRS990/OtherAssetsTotalGrp/EOYAmt	0	439356
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	44863
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	44863
IRS990/OtherExpensesGrp/Desc	0	REPAIRS / MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	HAZARD INSURANCE
IRS990/OtherExpensesGrp/Desc	3	LOSS ON DISPOSAL FIXED ASSETS
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	182056
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	77453
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	29004
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	8287
IRS990/OtherExpensesGrp/TotalAmt	0	182056
IRS990/OtherExpensesGrp/TotalAmt	1	77453
IRS990/OtherExpensesGrp/TotalAmt	2	29004
IRS990/OtherExpensesGrp/TotalAmt	3	8287
IRS990/OtherLiabilitiesGrp/BOYAmt	0	31736
IRS990/OtherLiabilitiesGrp/EOYAmt	0	30720
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	106585
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	106585
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	15020
IRS990/PayrollTaxesGrp/TotalAmt	0	15020
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	4871
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	5243
IRS990/PrincipalOfficerNm	0	LEILA A FINUCANE
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	255579
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	380942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	37294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	255579
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	380942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	37294
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	1334
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	717217
IRS990/PYProgramServiceRevenueAmt	0	577827
IRS990/PYRevenuesLessExpensesAmt	0	-301029
IRS990/PYSalariesCompEmpBnftPaidAmt	0	162973
IRS990/PYTotalExpensesAmt	0	880190
IRS990/PYTotalRevenueAmt	0	579161
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-223173
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	1380
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	605
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	341
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	349
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	4009
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	636521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	541063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	528329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	530318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	524049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2760280
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	1380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	1334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	4009
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00130
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00100
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	37294
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	36764
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	192578
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	35943
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	33811
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	336390
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.89020
IRS990ScheduleA/PublicSupportPY509Pct	0	0.89030
IRS990ScheduleA/PublicSupportTotal509Amt	0	2760280
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	636521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	541063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	528329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	530318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	524049
IRS990ScheduleA/Total509Grp/TotalAmt	0	2760280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	675195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	579161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	721512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	566602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	558209
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	3100679
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	7460807
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	2770007
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	10230814
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	8090
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	8090
IRS990ScheduleD/LandGrp/BookValueAmt	0	2675000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	2675000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	275785
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	635416
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	911201
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	7953
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	509263
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	517216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	1018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	3138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	26564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	10419545
IRS990ScheduleD/TotalLiabilityAmt	0	30720
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	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	221900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	235976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	LEILA A FINUCANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	221900

Document Assets

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Filings

Displayed year

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

Open filing

Assets: $10,871,240
Liabilities: $4,308,366
Net assets: $6,562,874
Revenue: $675,195
Expenses: $898,368
Net income: -$223,173

	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
2018Detailed filing. Detailed filing data is available for this year.	$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$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