Civic Intelligence

Inez Apartments Inc.

990 • Fiscal year 2019 • EIN 20-1835268

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 21, 2019

Organization Profile
110 Resource CourtPrestonsburg, KY 41653

(606) 886-2374

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

9th percentile

-33%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

30th percentile

-2.1%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

2.3%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$1,720,510

Down $37,737 (-2.1%) from 2018

Net Assets

Down

$1,703,119

Down $40,041 (-2.3%) from 2018

Liabilities

Up

$17,391

Up $2,304 (+15%) from 2018

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin9th percentile

Revenue

Up

$120,256

Up $2,756 (+2.3%) from 2018

Expenses

Up

$160,297

Up $6,357 (+4.1%) from 2018

Net Income

Down

-$40,041

Down $3,601 (-9.9%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,085,743Liabilities 2011: $7,227Net Assets 2011: $2,078,5162011Assets 2012: $2,049,794Liabilities 2012: $14,431Net Assets 2012: $2,035,3632012Assets 2013: $1,994,946Liabilities 2013: $10,239Net Assets 2013: $1,984,7072013Assets 2014: $1,948,803Liabilities 2014: $14,048Net Assets 2014: $1,934,7552014Assets 2015: $1,902,406Liabilities 2015: $14,423Net Assets 2015: $1,887,9812015Assets 2016: $1,844,821Liabilities 2016: $16,866Net Assets 2016: $1,827,9552016Assets 2017: $1,797,722Liabilities 2017: $18,122Net Assets 2017: $1,779,6002017Assets 2018: $1,758,247Liabilities 2018: $15,087Net Assets 2018: $1,743,1602018Assets 2019: $1,720,510Liabilities 2019: $17,391Net Assets 2019: $1,703,1192019Assets 2020: $1,658,371Liabilities 2020: $9,945Net Assets 2020: $1,648,4262020Assets 2021: $1,617,861Liabilities 2021: $7,567Net Assets 2021: $1,610,2942021Assets 2022: $1,569,135Liabilities 2022: $8,318Net Assets 2022: $1,560,8172022Assets 2023: $1,505,472Liabilities 2023: $10,834Net Assets 2023: $1,494,6382023Assets 2024: $1,461,082Liabilities 2024: $12,748Net Assets 2024: $1,448,3342024

Highlighted filing

2019

Assets$1,720,510
Liabilities$17,391
Net Assets$1,703,119
Open 2019 Filing

Operations Trend

Revenue Growth46th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $89,621Expenses 2011: $127,144Net Income 2011: -$37,5232011Revenue 2012: $104,303Expenses 2012: $140,981Net Income 2012: -$36,6782012Revenue 2013: $98,219Expenses 2013: $148,875Net Income 2013: -$50,6562013Revenue 2014: $95,745Expenses 2014: $145,698Net Income 2014: -$49,9532014Revenue 2015: $108,697Expenses 2015: $155,469Net Income 2015: -$46,7722015Revenue 2016: $117,224Expenses 2016: $177,250Net Income 2016: -$60,0262016Revenue 2017: $109,990Expenses 2017: $158,345Net Income 2017: -$48,3552017Revenue 2018: $117,500Expenses 2018: $153,940Net Income 2018: -$36,4402018Revenue 2019: $120,256Expenses 2019: $160,297Net Income 2019: -$40,0412019Revenue 2020: $115,202Expenses 2020: $169,895Net Income 2020: -$54,6932020Revenue 2021: $137,779Expenses 2021: $175,911Net Income 2021: -$38,1322021Revenue 2022: $127,373Expenses 2022: $176,852Net Income 2022: -$49,4792022Revenue 2023: $136,658Expenses 2023: $202,837Net Income 2023: -$66,1792023Revenue 2024: $142,672Expenses 2024: $188,975Net Income 2024: -$46,3032024

Highlighted filing

2019

Revenue$120,256
Expenses$160,297
Net Income-$40,041
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 21, 2019
Return Version
2018v3.0
Gross Receipts
$120,256
Mission and Program Overview

Mission

To provide low income housing to senior citizens

Provided housing for low income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,609,235$1,564,989▼ $44,246
Savings and Temporary Cash Investments$134,720$143,422▲ $8,702
Cash and Non-Interest-Bearing Accounts$13,254$11,041▼ $2,213
Prepaid Expenses and Deferred Charges$1,038$1,058▲ $20
Total Assets$1,758,247$1,720,510▼ $37,737
Liabilities
Accounts Payable and Accrued Expenses$9,025$10,702▲ $1,677
Other Liabilities$6,062$6,689▲ $627
Total Liabilities$15,087$17,391▲ $2,304
Net Assets / Fund Balance
Unrestricted Net Assets$1,743,160$1,703,119▼ $40,041
Total Net Assets Fund Balance$1,743,160$1,703,119▼ $40,041
Total Liabilities and Net Assets / Fund Balance$1,758,247$1,720,510▼ $37,737

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,433,420$614,326$2,047,746
Land$120,013-$120,013
Equipment$3,456$25,690$29,146
Other Land Buildings$8,100-$8,100
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
James ButlerPresident
Christi BrownDirector
Terry TrimbleDirector
Don CecilSec/treas
Diane ThackerVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$118,948
Investment Income
$1,308
Other Revenue
$0
Change in Net Assets
$-40,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,351
Salaries, Compensation, and Employee Benefits$32,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$52,346--$52,346
Other Salaries and Wages$30,090--$30,090
All Other Expenses$28,730--$28,730
Fees for Services Management$13,024--$13,024
Other Expenses---$10,700
Insurance$6,326--$6,326
Fees for Services Accounting$4,800--$4,800
Office Expenses$4,701--$4,701
Payroll Taxes$2,856--$2,856
Travel$675--$675
Advertising$450--$450
Total Functional Expenses$160,297$0$0$160,297
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$6,689
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

Part VI Section B Line 11B

“A copy of the tax return is emailed to the accountant for the management company and to the board president who reviews it with the board, approves and signs the return”

Part VI Section B Line 12C

“The board and management company monitor by reviewing transactions and hud approval is obtained before any disbursements are made to known related parties”

Part VI Sectionc Line 19

“All governing documents are made available upon written request and all meetings are open to the public”

Filing and Contact Details

Filer

Filer Name
Inez Apartments Inc
EIN
20-1835268
Phone
6068862374
Address
110 RESOURCE COURT, Prestonsburg, KY 41653

Signing Officer

Name
James Butler
Title
President
Signed
2019-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Butler
Formed
2004
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Firm
Morgan and Associates LLC
Address
749 BROADWAY STREET, WEST LIBERTY, KY 41472
Preparer
Brenda K Morgan CPA
Phone
6067431884
Raw XML Appendix345 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09025
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010702
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDED HOUSING FOR LOW INCOME ELDERLY
IRS990/AdvertisingGrp/ProgramServicesAmt0450
IRS990/AdvertisingGrp/TotalAmt0450
IRS990/AllOtherExpensesGrp/ProgramServicesAmt028730
IRS990/AllOtherExpensesGrp/TotalAmt028730
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MADONNA SKAGGS
IRS990/BooksInCareOfDetail/PhoneNum06066833100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0396 CAVE RUN RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALT LICK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040371
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt013254
IRS990/CashNonInterestBearingGrp/EOYAmt011041
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01308
IRS990/CYOtherExpensesAmt0127351
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0118948
IRS990/CYRevenuesLessExpensesAmt0-40041
IRS990/CYSalariesCompEmpBnftPaidAmt032946
IRS990/CYTotalExpensesAmt0160297
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0120256
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt052346
IRS990/DepreciationDepletionGrp/TotalAmt052346
IRS990/Desc0PROVIDED 24 LOW INCOME HOUSING UNITS TO SENIOR CITIZENS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0160297
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04800
IRS990/FeesForServicesAccountingGrp/TotalAmt04800
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt013024
IRS990/FeesForServicesManagementGrp/TotalAmt013024
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANE THACKER
IRS990/Form990PartVIISectionAGrp/PersonNm2DON CECIL
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTI BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY TRIMBLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0120256
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06326
IRS990/InsuranceGrp/TotalAmt06326
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01308
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01308
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0640016
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01609235
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01564989
IRS990/LandBldgEquipCostOrOtherBssAmt02205005
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE LOW INCOME HOUSING TO SENIOR CITIZENS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01743160
IRS990/NetAssetsOrFundBalancesEOYAmt01703119
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt04701
IRS990/OfficeExpensesGrp/TotalAmt04701
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/TotalAmt04750
IRS990/OtherExpensesGrp/TotalAmt1119
IRS990/OtherExpensesGrp/TotalAmt2730
IRS990/OtherExpensesGrp/TotalAmt310700
IRS990/OtherLiabilitiesGrp/BOYAmt06062
IRS990/OtherLiabilitiesGrp/EOYAmt06689
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt030090
IRS990/OtherSalariesAndWagesGrp/TotalAmt030090
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt02856
IRS990/PayrollTaxesGrp/TotalAmt02856
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01038
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01058
IRS990/PrincipalOfficerNm0JAMES BUTLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0118948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0118948
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01272
IRS990/PYOtherExpensesAmt0119903
IRS990/PYProgramServiceRevenueAmt0116228
IRS990/PYRevenuesLessExpensesAmt0-36440
IRS990/PYSalariesCompEmpBnftPaidAmt034037
IRS990/PYTotalExpensesAmt0153940
IRS990/PYTotalRevenueAmt0117500
IRS990/ReconcilationRevenueExpnssAmt0-40041
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0134720
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0143422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01272
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0449
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0441
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0455
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03925
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0118948
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0116228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0109541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0117224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0108242
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0570183
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01272
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0449
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0441
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03925
IRS990ScheduleA/InvestmentIncomeCYPct00.00680
IRS990ScheduleA/InvestmentIncomePYPct00.00570
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99320
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt0570183
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0118948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0116228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0109541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0117224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0108242
IRS990ScheduleA/Total509Grp/TotalAmt0570183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0120256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0117500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0109990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0117665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0108697
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0574108
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01433420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0614326
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02047746
IRS990ScheduleD/EquipmentGrp/BookValueAmt03456
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025690
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029146
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0120013
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0120013
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08100
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06689
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01564989
IRS990ScheduleD/TotalLiabilityAmt06689
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN IS EMAILED TO THE ACCOUNTANT FOR THE MANAGEMENT COMPANY AND TO THE BOARD PRESIDENT WHO REVIEWS IT WITH THE BOARD, APPROVES AND SIGNS THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD AND MANAGEMENT COMPANY MONITOR BY REVIEWING TRANSACTIONS AND HUD APPROVAL IS OBTAINED BEFORE ANY DISBURSEMENTS ARE MADE TO KNOWN RELATED PARTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST AND ALL MEETINGS ARE OPEN TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION B LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTIONC LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01758247
IRS990/TotalAssetsEOYAmt01720510
IRS990/TotalAssetsGrp/BOYAmt01758247
IRS990/TotalAssetsGrp/EOYAmt01720510
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0160297
IRS990/TotalFunctionalExpensesGrp/TotalAmt0160297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015087
IRS990/TotalLiabilitiesEOYAmt017391
IRS990/TotalLiabilitiesGrp/BOYAmt015087
IRS990/TotalLiabilitiesGrp/EOYAmt017391
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01743160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01703119
IRS990/TotalProgramServiceExpensesAmt0160297
IRS990/TotalProgramServiceRevenueAmt0118948
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0120256
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0120256
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01758247
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01720510
IRS990/TravelGrp/ProgramServicesAmt0675
IRS990/TravelGrp/TotalAmt0675
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01743160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01703119
IRS990/USAddress/AddressLine1Txt0110 Resource Court
IRS990/USAddress/CityNm0PRESTONSBURG
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041653
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES BUTLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INEZ APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0INEZ
ReturnHeader/Filer/EIN0201835268
ReturnHeader/Filer/PhoneNum06068862374
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 RESOURCE COURT
ReturnHeader/Filer/USAddress/CityNm0Prestonsburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041653
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0514F60A9881E0916971481AC7E5AD4034F5714F3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04F558DFCBC260630B52A349E11F890DDFDD2FD09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.254.43.241
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320034770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORGAN AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0749 BROADWAY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST LIBERTY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd041472
ReturnHeader/PreparerPersonGrp/PhoneNum06067431884
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENDA K MORGAN CPA
ReturnHeader/ReturnTs02019-10-22T14:38:11-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,720,510
Liabilities
$17,391
Net assets
$1,703,119
Revenue
$120,256
Expenses
$160,297
Net income
-$40,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.01$1.45$0.14$0.19$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.51$0.01$1.49$0.14$0.20$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$0.13$0.18$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.01$1.61$0.14$0.18$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.01$1.65$0.12$0.17$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.72$0.02$1.70$0.12$0.16$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.74$0.12$0.15$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.02$1.78$0.11$0.16$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.02$1.83$0.12$0.18$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$0.11$0.16$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.01$1.93$0.10$0.15$0.05
2013Summary only. Only limited summary data is available for this year.$1.99$0.01$1.98$0.10$0.15$0.05
2012Summary only. Only limited summary data is available for this year.$2.05$0.01$2.04$0.10$0.14$0.04
2011Summary only. Only limited summary data is available for this year.$2.09$0.01$2.08$0.09$0.13$0.04