Civic Intelligence

Sepp Inc.

990 • Fiscal year 2016 • EIN 16-0950820

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 09, 2017

Organization ProfileWWW.SEPPINC.COM
53 Front StreetBinghamton, NY 13905

(607) 723-8989

Siviq Scores

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

Liabilities / Assets

67th percentile

1.06x

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

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

1.80x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Net Margin

27th percentile

-28%

Higher net margin than 27% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$142,812

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Asset Growth

2nd percentile

-21%

Faster asset growth than 2% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

2.5%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$1,534,699

Down $398,715 (-21%) from 2015

Net Assets

Down

-$94,622

Down $253,359 (-160%) from 2015

Liabilities

Down

$1,629,321

Down $145,356 (-8.2%) from 2015

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin27th percentile

Revenue

Up

$906,328

Up $22,049 (+2.5%) from 2015

Expenses

Up

$1,159,687

Up $347,952 (+43%) from 2015

Net Income

Down

-$253,359

Down $325,903 (-449%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $2,160,693Liabilities 2011: $1,968,913Net Assets 2011: $191,7802011Assets 2012: $2,028,137Liabilities 2012: $1,853,094Net Assets 2012: $175,0432012Assets 2013: $2,086,964Liabilities 2013: $1,787,965Net Assets 2013: $298,9992013Assets 2014: $1,908,972Liabilities 2014: $1,822,779Net Assets 2014: $86,1932014Assets 2015: $1,933,414Liabilities 2015: $1,774,677Net Assets 2015: $158,7372015Assets 2016: $1,534,699Liabilities 2016: $1,629,321Net Assets 2016: -$94,6222016Assets 2017: $3,214,824Liabilities 2017: $3,926,273Net Assets 2017: -$711,4492017Assets 2018: $3,273,161Liabilities 2018: $3,888,821Net Assets 2018: -$615,6602018Assets 2019: $3,376,252Liabilities 2019: $3,798,263Net Assets 2019: -$422,0112019Assets 2020: $3,822,136Liabilities 2020: $3,756,235Net Assets 2020: $65,9012020Assets 2021: $4,567,908Liabilities 2021: $3,718,204Net Assets 2021: $849,7042021Assets 2022: $5,166,193Liabilities 2022: $1,411,735Net Assets 2022: $3,754,4582022Assets 2023: $6,485,628Liabilities 2023: $1,143,174Net Assets 2023: $5,342,4542023Assets 2024: $8,843,732Liabilities 2024: $1,074,802Net Assets 2024: $7,768,9302024

Highlighted filing

2016

Assets$1,534,699
Liabilities$1,629,321
Net Assets-$94,622
Open 2016 Filing

Operations Trend

Revenue Growth55th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $858,787Expenses 2011: $847,814Net Income 2011: $10,9732011Revenue 2012: $827,362Expenses 2012: $844,099Net Income 2012: -$16,7372012Expenses 2013: $829,4542013Revenue 2014: $907,869Expenses 2014: $994,822Net Income 2014: -$86,9532014Revenue 2015: $884,279Expenses 2015: $811,735Net Income 2015: $72,5442015Revenue 2016: $906,328Expenses 2016: $1,159,687Net Income 2016: -$253,3592016Revenue 2017: $2,261,320Expenses 2017: $1,426,431Net Income 2017: $834,8892017Revenue 2018: $1,379,749Expenses 2018: $1,282,389Net Income 2018: $97,3602018Revenue 2019: $1,400,096Expenses 2019: $1,257,797Net Income 2019: $142,2992019Revenue 2020: $1,899,696Expenses 2020: $1,430,755Net Income 2020: $468,9412020Revenue 2021: $1,996,196Expenses 2021: $1,342,314Net Income 2021: $653,8822021Revenue 2022: $4,326,789Expenses 2022: $1,214,084Net Income 2022: $3,112,7052022Revenue 2023: $2,515,174Expenses 2023: $965,882Net Income 2023: $1,549,2922023Revenue 2024: $3,495,294Expenses 2024: $1,018,670Net Income 2024: $2,476,6242024

Highlighted filing

2016

Revenue$906,328
Expenses$1,159,687
Net Income-$253,359
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 9, 2017
Return Version
2015v3.0
Gross Receipts
$906,328
Mission and Program Overview

Mission

Providing low-income housing

Providing low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$357,596$357,596→ $0
Land, Buildings, and Equipment, Net$422,140$345,787▼ $76,353
Other Notes and Loans Receivable, Net$95,500$110,000▲ $14,500
Cash and Non-Interest-Bearing Accounts$80,435$109,244▲ $28,809
Prepaid Expenses and Deferred Charges$253,788$67,444▼ $186,344
Accounts Receivable$984$47,000▲ $46,016
Intangible Assets$21,321$16,320▼ $5,001
Total Assets$1,933,414$1,534,699▼ $398,715
Other Assets Total$701,650$481,308▼ $220,342
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,646,603$1,587,027▼ $59,576
Other Liabilities$29,727$28,684▼ $1,043
Accounts Payable and Accrued Expenses$98,347$13,610▼ $84,737
Total Liabilities$1,774,677$1,629,321▼ $145,356
Net Assets / Fund Balance
Unrestricted Net Assets$158,737$-94,622▼ $253,359
Total Net Assets Fund Balance$158,737$-94,622▼ $253,359
Total Liabilities and Net Assets / Fund Balance$1,933,414$1,534,699▼ $398,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$304,344$4,523,376$4,827,720
Other Land Buildings$20,500$311,757$332,257
Land$20,943-$20,943
Equipment$0$18,336$18,336
Investment Program Related Org$357,596--
Other Assets Org$28,684--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleOtherTotal
Anthony FialaProject Manager (former)$142,812$142,812

Board Members and Trustees

NameTitle
David HarderChairperson
Anna AddonisioDirector
Daniel SchofieldDirector
David HughesDirector
Julie SweetDirector
Kevin MclaughlinDirector
Len BassoDirector
Patricia TicknorDirector
Peter MaciakDirector
Richard C WallikasDirector
Richard DobellDirector
William Gibson JrDirector
THOMAS E O'CONNORSecretary
Mark McmanusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,825
Program Service Revenue
$768,384
Investment Income
$232
Other Revenue
$50,887
Change in Net Assets
$-253,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$887,002
Salaries, Compensation, and Employee Benefits$272,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,943$227,725-$243,668
Interest$100,739--$100,739
Depreciation Depletion$81,355--$81,355
Other Expenses$59,734$117,760-$59,734
Fees for Services Management-$56,783-$56,783
Occupancy$50,937--$50,937
All Other Expenses$20,345$944-$21,289
Insurance$19,743--$19,743
Other Employee Benefits$1,795$15,858-$17,653
Fees for Services Other-$15,423-$15,423
Office Expenses-$12,658-$12,658
Payroll Taxes$1,155$10,209-$11,364
Fees for Services Accounting-$8,568-$8,568
Advertising-$1,063-$1,063
Fees for Services Legal-$235-$235
Total Functional Expenses$498,238$661,449$0$1,159,687
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
TENANTS' SECURITY DEPOSITS$28,684
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The cpa compiles and prepares the form 990 which is then given to the governing body for final review. After final review the form 990 is returned to the cpa where it is processed and filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the public upon request in a hard copy form kept at the place of business.”

Filing and Contact Details

Filer

Filer Name
Sepp Inc
EIN
16-0950820
Phone
6077238989
Address
53 FRONT STREET, BINGHAMTON, NY 13905

Signing Officer

Name
Jacqueline Gerchman
Title
Interim Executive Director
Phone
6077238989
Signed
2017-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Gerchman
Formed
1984
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
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 june 30, 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 positions 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 696 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/MiscellaneousRevenueGrp/ExclusionAmt02661
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02661
IRS990/MissionDesc0PROVIDING LOW INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01646603
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01587027
IRS990/NetAssetsOrFundBalancesBOYAmt0158737
IRS990/NetAssetsOrFundBalancesEOYAmt0-94622
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt050937
IRS990/OccupancyGrp/TotalAmt050937
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012658
IRS990/OfficeExpensesGrp/TotalAmt012658
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0701650
IRS990/OtherAssetsTotalGrp/EOYAmt0481308
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015858
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01795
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017653
IRS990/OtherExpensesGrp/Desc0PROJECT DEVELOPMENT EXP
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0194223
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1117760
IRS990/OtherExpensesGrp/ProgramServicesAmt0144665
IRS990/OtherExpensesGrp/ProgramServicesAmt11827
IRS990/OtherExpensesGrp/ProgramServicesAmt259734
IRS990/OtherExpensesGrp/TotalAmt0194223
IRS990/OtherExpensesGrp/TotalAmt1144665
IRS990/OtherExpensesGrp/TotalAmt2119587
IRS990/OtherExpensesGrp/TotalAmt359734
IRS990/OtherLiabilitiesGrp/BOYAmt029727
IRS990/OtherLiabilitiesGrp/EOYAmt028684
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/BusinessCd1531310
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0CELL TOWER
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc2FORGIVENESS OF DEBT
IRS990/OtherRevenueMiscGrp/ExclusionAmt021600
IRS990/OtherRevenueMiscGrp/ExclusionAmt113626
IRS990/OtherRevenueMiscGrp/ExclusionAmt213000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt113626
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt213000
IRS990/OtherRevenueTotalAmt050887
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0227725
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015943
IRS990/OtherSalariesAndWagesGrp/TotalAmt0243668
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt095500
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0110000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010209
IRS990/PayrollTaxesGrp/ProgramServicesAmt01155
IRS990/PayrollTaxesGrp/TotalAmt011364
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0253788
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067444
IRS990/PrincipalOfficerNm0JACQUELINE GERCHMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0768384
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0768384
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt067566
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0339
IRS990/PYOtherExpensesAmt0559955
IRS990/PYOtherRevenueAmt061234
IRS990/PYProgramServiceRevenueAmt0755140
IRS990/PYRevenuesLessExpensesAmt072544
IRS990/PYSalariesCompEmpBnftPaidAmt0251780
IRS990/PYTotalExpensesAmt0811735
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0884279
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-253359
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0768384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt086825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt067150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0437257
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0339
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0850
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03026
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04607
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03174334
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt050887
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt061234
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt064411
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04595
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0181127
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70190
IRS990ScheduleA/PublicSupportPY170Pct00.76620
IRS990ScheduleA/PublicSupportTotal170Amt0437257
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt086825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt067150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0437257
IRS990ScheduleA/TotalSupportAmt0622991
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/BookValueAmt0304344
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04523376
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04827720
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018336
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018336
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0357596
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN SEPP-NICHOLS, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt020943
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020943
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07695
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1148264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2188529
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3104582
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt43554
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt528684
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE INSURANCE PREMIUM
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0311757
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0332257
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
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 POSITIONS 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/TotalBookValueLandBuildingsAmt0345787

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,534,699
Liabilities
$1,629,321
Net assets
-$94,622
Revenue
$906,328
Expenses
$1,159,687
Net income
-$253,359
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.84$1.07$7.77$3.50$1.02$2.48
2023Detailed filing. Detailed filing data is available for this year.$6.49$1.14$5.34$2.52$0.97$1.55
2022Detailed filing. Detailed filing data is available for this year.$5.17$1.41$3.75$4.33$1.21$3.11
2021Detailed filing. Detailed filing data is available for this year.$4.57$3.72$0.85$2.00$1.34$0.65
2020Detailed filing. Detailed filing data is available for this year.$3.82$3.76$0.07$1.90$1.43$0.47
2019Detailed filing. Detailed filing data is available for this year.$3.38$3.80$0.42$1.40$1.26$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.27$3.89$0.62$1.38$1.28$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.21$3.93$0.71$2.26$1.43$0.83
2016Detailed filing. Detailed filing data is available for this year.$1.53$1.63$0.09$0.91$1.16$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.93$1.77$0.16$0.88$0.81$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.91$1.82$0.09$0.91$0.99$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$1.79$0.30$0.83
2012Summary only. Only limited summary data is available for this year.$2.03$1.85$0.18$0.83$0.84$0.02
2011Summary only. Only limited summary data is available for this year.$2.16$1.97$0.19$0.86$0.85$0.01