Civic Intelligence

Marshside Village Inc.

990 • Fiscal year 2015 • EIN 20-1910771

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

1999 Broadway Suite 1000Denver, CO 80202

(303) 830-3300

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

65th percentile

0.24x

Higher debt load relative to revenue than 65% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$291,542

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 97.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

25th percentile

-4.4%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

0.9%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,873,516

Down $131,597 (-4.4%) from 2014

Net Assets

Down

$2,802,100

Down $134,016 (-4.6%) from 2014

Liabilities

Up

$71,416

Up $2,419 (+3.5%) from 2014

Revenue

Up

$300,041

Up $2,536 (+0.9%) from 2014

Expenses

Up

$434,057

Up $4,892 (+1.1%) from 2014

Net Income

Down

-$134,016

Down $2,356 (-1.8%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,603,569Liabilities 2010: $29,023Net Assets 2010: $3,574,5462010Assets 2011: $3,476,532Liabilities 2011: $37,492Net Assets 2011: $3,439,0402011Assets 2012: $3,314,261Liabilities 2012: $81,484Net Assets 2012: $3,232,7772012Assets 2013: $3,160,707Liabilities 2013: $92,931Net Assets 2013: $3,067,7762013Assets 2014: $3,005,113Liabilities 2014: $68,997Net Assets 2014: $2,936,1162014Assets 2015: $2,873,516Liabilities 2015: $71,416Net Assets 2015: $2,802,1002015Assets 2016: $2,742,785Liabilities 2016: $68,647Net Assets 2016: $2,674,1382016Assets 2017: $2,626,753Liabilities 2017: $78,844Net Assets 2017: $2,547,9092017Assets 2018: $2,474,039Liabilities 2018: $82,690Net Assets 2018: $2,391,3492018Assets 2019: $2,367,184Liabilities 2019: $64,618Net Assets 2019: $2,302,5662019Assets 2020: $2,241,577Liabilities 2020: $65,064Net Assets 2020: $2,176,5132020Assets 2021: $2,113,793Liabilities 2021: $18,967Net Assets 2021: $2,094,8262021Assets 2022: $2,008,275Liabilities 2022: $36,942Net Assets 2022: $1,971,3332022Assets 2023: $1,919,920Liabilities 2023: $22,193Net Assets 2023: $1,897,7272023Assets 2024: $1,847,346Liabilities 2024: $23,175Net Assets 2024: $1,824,1712024

Highlighted filing

2015

Assets$2,873,516
Liabilities$71,416
Net Assets$2,802,100

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $328,2312010Revenue 2011: $186,067Expenses 2011: $321,573Net Income 2011: -$135,5062011Revenue 2012: $189,519Expenses 2012: $395,782Net Income 2012: -$206,2632012Revenue 2013: $235,568Expenses 2013: $400,569Net Income 2013: -$165,0012013Revenue 2014: $297,505Expenses 2014: $429,165Net Income 2014: -$131,6602014Revenue 2015: $300,041Expenses 2015: $434,057Net Income 2015: -$134,0162015Revenue 2016: $309,557Expenses 2016: $437,519Net Income 2016: -$127,9622016Revenue 2017: $356,235Expenses 2017: $482,464Net Income 2017: -$126,2292017Revenue 2018: $387,769Expenses 2018: $544,329Net Income 2018: -$156,5602018Revenue 2019: $419,882Expenses 2019: $508,665Net Income 2019: -$88,7832019Revenue 2020: $435,560Expenses 2020: $561,613Net Income 2020: -$126,0532020Revenue 2021: $449,624Expenses 2021: $531,311Net Income 2021: -$81,6872021Revenue 2022: $445,174Expenses 2022: $568,667Net Income 2022: -$123,4932022Revenue 2023: $467,826Expenses 2023: $541,432Net Income 2023: -$73,6062023Revenue 2024: $486,117Expenses 2024: $559,673Net Income 2024: -$73,5562024

Highlighted filing

2015

Revenue$300,041
Expenses$434,057
Net Income-$134,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$300,041
Mission and Program Overview

Mission

To own and operate a 48-unit apartment project in north charleston, south carolina, providing housing for low-income persons

To own and operate a 48-unit apartment project in north charleston, south carolina, providing housing for low-income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,829,237$2,699,114▼ $130,123
Prepaid Expenses and Deferred Charges$6,190$5,193▼ $997
Cash and Non-Interest-Bearing Accounts$3,125$2,258▼ $867
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,005,113$2,873,516▼ $131,597
Other Assets Total$166,561$166,951▲ $390
Liabilities
Accounts Payable and Accrued Expenses$57,726$59,792▲ $2,066
Other Liabilities$11,271$11,624▲ $353
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$68,997$71,416▲ $2,419
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,284,845$3,184,544▼ $100,301
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-348,729$-382,444▼ $33,715
Total Net Assets Fund Balance$2,936,116$2,802,100▼ $134,016
Total Liabilities and Net Assets / Fund Balance$3,005,113$2,873,516▼ $131,597

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,457,199$1,081,839$3,539,038
Land$241,500-$241,500
Other Land Buildings$0$76,036$76,036
Equipment$415$31,868$32,283
Other Assets Org$1,088--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Bruce SaabVice President$133,119$133,119
Joe ROSENBLUMSecretary$109,492$109,492

Board Members and Trustees

NameTitle
Francena Marie LowePresident/Director
Melissa ClaytonVice President
Christopher BurckhardtDirector
Vince DoddsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$299,995
Investment Income
$46
Other Revenue
$0
Change in Net Assets
$-134,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$300,041
Total Revenue per Audited Statements
$300,041
Total Revenue per Form 990
$300,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,161
Salaries, Compensation, and Employee Benefits$34,896
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$130,123--$130,123
Insurance$40,051--$40,051
Other Salaries and Wages-$34,896-$34,896
Fees for Services Management-$23,040-$23,040
Office Expenses-$21,972-$21,972
Fees for Services Accounting-$12,860-$12,860
Other Expenses$7,153$29,678-$7,153
Conferences and Meetings-$1,681-$1,681
All Other Expenses-$914-$914
Advertising-$844-$844
Total Functional Expenses$308,172$125,885$0$434,057

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$434,057
Total Expenses per Audited Statements$434,057
Total Expenses per Form 990$434,057
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$11,624
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

part VI section B #15A & #15B

The process for determining compensation for the President, chairman, officers, and directors is determined by an Employee Benefits committee, which is appointed by the board of directors of Mercy Housing, Inc. To ensure competitiveness and reasonableness, wages are compared to other affordable housing organizations, both for- and not-for-profit, or the local market for positions applicable to a broader competitive market. Mercy Housing, Inc. will comply with all applicable federal and state labor laws and regulations. The process will be administered according to the relevant human resource operational policies and by the human resource department with direction from the senior leadership team. The CEO will make a report to the board of trustees on implementation of the wage and benefit program annually. Periodically the human resources committee within the Mercy Housing, Inc. board of trustees will review executive salaries to ensure competitiveness with external markets and for internal equity in relation to general employee wages and benefits, individual and organizational performance, and the financial resources of the organization.

PART VI SECTION C #19

the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

PART VI SECTION B #11

Each member is given the opportunity to review the return before it is filed.

PART VI SECTION B #12C

The audit committee of Mercy Housing, Inc. reviews periodically the conflict of interest disclosures and determines whether any action is required.

PART VI SECTION A #7A & #7B

The Board of Trustees of Mercy Housing, Inc. has authority over Marshside Village, Inc. in various aspects of operations and management. The reserved rights held by the Mercy Housing Board of Trustees, which may be further delegated to the President and CEO of Mercy Housing, Inc., include approval of the following activities: revisions to articles and bylaws; mergers and acquisitions; establishment of new entities; pledging, mortgaging or disposing of all or substantially all assets; obligations of new operating and mortgage debt; and appointment or removal of governing board members and officers.

Filing and Contact Details

Filer

Filer Name
Marshside Village Inc
EIN
20-1910771
In Care Of
% STEVE SPEARS
Phone
3038303300
Address
1999 BROADWAY SUITE 1000, DENVER, CO 80202

Signing Officer

Name
Vince Dodds
Title
Treasurer
Phone
3038303300
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francena Marie Lowe
Formed
2005
Legal Domicile
Sc
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Cohnreznick Llp
Address
525 N TRYON STREET STE 1000, CHARLOTTE, NC 28202
Preparer
Kathy Blackburn
Phone
7043329100
Supplemental Narrative

Additional Explanations

PART XII #2C

Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the Mercy Housing, Inc. Board of Trustees.

Financial Statement Notes

Fin 48 (asc 740)

part x, question 2 The Corporation has elected tax exempt status under Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2015. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2012 remain open.

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IRS990/NetAssetsOrFundBalancesEOYAmt02802100
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021972
IRS990/OfficeExpensesGrp/TotalAmt021972
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0166561
IRS990/OtherAssetsTotalGrp/EOYAmt0166951
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029678
IRS990/OtherExpensesGrp/ProgramServicesAmt099217
IRS990/OtherExpensesGrp/ProgramServicesAmt131628
IRS990/OtherExpensesGrp/ProgramServicesAmt27153
IRS990/OtherExpensesGrp/TotalAmt099217
IRS990/OtherExpensesGrp/TotalAmt131628
IRS990/OtherExpensesGrp/TotalAmt229678
IRS990/OtherExpensesGrp/TotalAmt37153
IRS990/OtherLiabilitiesGrp/BOYAmt011271
IRS990/OtherLiabilitiesGrp/EOYAmt011624
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034896
IRS990/OtherSalariesAndWagesGrp/TotalAmt034896
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06190
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05193
IRS990/PrincipalOfficerNm0FRANCENA MARIE LOWE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT & SUBSIDIES
IRS990/ProgramServiceRevenueGrp/Desc1ANCILLARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0297155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0297155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12840
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0394038
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0297451
IRS990/PYRevenuesLessExpensesAmt0-131660
IRS990/PYSalariesCompEmpBnftPaidAmt035127
IRS990/PYTotalExpensesAmt0429165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0297505
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-134016
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0299995
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0299995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0297451
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0235417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0189352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0185851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01208066
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0634
IRS990ScheduleA/InvestmentIncomeCYPct00.00052
IRS990ScheduleA/InvestmentIncomePYPct00.00091
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99948
IRS990ScheduleA/PublicSupportPY509Pct00.99909
IRS990ScheduleA/PublicSupportTotal509Amt01208066
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0299995
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0297451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0235417
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0189352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0185851
IRS990ScheduleA/Total509Grp/TotalAmt01208066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0300041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0297505
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0235568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0189519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0186067
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01208700
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02457199
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01081839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03539038
IRS990ScheduleD/EquipmentGrp/BookValueAmt0415
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031868
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032283
IRS990ScheduleD/ExpensesSubtotalAmt0434057
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0241500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0241500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011637
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1154226
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21088
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED PROPERTY RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt076036
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt076036
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0300041
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0part x, question 2 The Corporation has elected tax exempt status under Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2015. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2012 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FIN 48 (ASC 740)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02699114
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0166951
IRS990ScheduleD/TotalExpensesPerForm990Amt0434057
IRS990ScheduleD/TotalLiabilityAmt011624
IRS990ScheduleD/TotalRevenuePerForm990Amt0300041
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0300041
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0434057
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.02$1.82$0.49$0.56$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.02$1.90$0.47$0.54$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.04$1.97$0.45$0.57$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.02$2.09$0.45$0.53$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.24$0.07$2.18$0.44$0.56$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.37$0.06$2.30$0.42$0.51$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.08$2.39$0.39$0.54$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.08$2.55$0.36$0.48$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.74$0.07$2.67$0.31$0.44$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.87$0.07$2.80$0.30$0.43$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.01$0.07$2.94$0.30$0.43$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.16$0.09$3.07$0.24$0.40$0.17
2012Summary only. Only limited summary data is available for this year.$3.31$0.08$3.23$0.19$0.40$0.21
2011Summary only. Only limited summary data is available for this year.$3.48$0.04$3.44$0.19$0.32$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.03$3.57$0.33