Cheval Court Inc

990 • Fiscal year 2017 • EIN 20-2024019

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

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.

0.16x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

2.01x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

-47%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

$356,617

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 145.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

-4.6%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

-1.9%

Faster revenue growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets59th percentile

Assets

Down

$3,088,903

Down $148,258 (-4.6%) from 2016

Net Assets

Down

$2,597,040

Down $114,103 (-4.2%) from 2016

Liabilities

Down

$491,863

Down $34,155 (-6.5%) from 2016

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin6th percentile

Revenue

Down

$244,975

Down $4,756 (-1.9%) from 2016

Expenses

Down

$359,078

Down $7,076 (-1.9%) from 2016

Net Income

-$114,103

Up $2,320 (+2.0%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

Highlighted filing

2017

Assets$3,088,903

Liabilities$491,863

Net Assets$2,597,040

Open 2017 Filing

Operations Trend

Revenue Growth32nd percentile

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

Highlighted filing

2017

Revenue$244,975

Expenses$359,078

Net Income-$114,103

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2016 to Jun 30, 2017
Signed: Oct 9, 2017
Return Version: 2016v3.0
Gross Receipts: $244,975

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$3,055,946	$2,910,908	▼ $145,038
Cash and Non-Interest-Bearing Accounts	$30,625	$31,978	▲ $1,353
Prepaid Expenses and Deferred Charges	$4,500	$8,061	▲ $3,561
Accounts Receivable	$1,260	$15	▼ $1,245
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	$3,237,161	$3,088,903	▼ $148,258
Other Assets Total	$144,830	$137,941	▼ $6,889
Liabilities
Mortgage Notes Payable Secured by Investment Property	$435,375	$425,342	▼ $10,033
Other Liabilities	$67,951	$58,252	▼ $9,699
Accounts Payable and Accrued Expenses	$21,852	$7,734	▼ $14,118
Deferred Revenue	$840	$535	▼ $305
Total Liabilities	$526,018	$491,863	▼ $34,155
Net Assets / Fund Balance
Unrestricted Net Assets	$2,711,143	$2,597,040	▼ $114,103
Total Net Assets Fund Balance	$2,711,143	$2,597,040	▼ $114,103
Total Liabilities and Net Assets / Fund Balance	$3,237,161	$3,088,903	▼ $148,258

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$2,594,333	$847,031	$3,441,364
Leasehold Improvements	$297,287	$564,337	$861,624
Other Land Buildings	$19,288	$251,553	$270,841
Equipment	-	$63,301	$63,301

Compensation and Service Providers

Top Officer Pay96th percentile

Board Members and Trustees

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

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $244,935
Investment Income: $40
Other Revenue: $0
Change in Net Assets: $-114,103

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$323,003
Salaries, Compensation, and Employee Benefits	$36,075
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	$147,213	-	-	$147,213
Other Salaries and Wages	$26,037	-	-	$26,037
All Other Expenses	$22,311	$1,092	-	$23,403
Other Expenses	$17,004	-	-	$17,004
Fees for Services Management	-	$15,776	-	$15,776
Fees for Services Accounting	-	$9,600	-	$9,600
Other Employee Benefits	$7,438	-	-	$7,438
Payroll Taxes	$2,600	-	-	$2,600
Office Expenses	$2,581	-	-	$2,581
Advertising	$1,830	-	-	$1,830
Fees for Services Legal	$770	-	-	$770
Travel	$75	-	-	$75
Total Functional Expenses	$332,610	$26,468	$0	$359,078

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	Real Estate	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	$22,745	$6,375,953	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-104	$3,321	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-23	$2,289	0.00%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-41	$1,497	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$17	$1,238	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-39	$1,090	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-17	$1,008	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-25	$974	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-18	$918	0.01%	Yes
Covenant Village Gp	Germantown, MD	Real Estate	$-9	$258	25%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-104	$3,321	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-23	$2,289	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Deferred Ground Lease Payable	$38,478
Resident Security Deposits	$11,879
Misc. Current Liabilities	$7,895

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: Yes
Other officer compensation reviewed: Yes
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 sent to board of directors for review and approval prior to filing”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Not applicable -- no employees”

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

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Cheval Court Inc
EIN: 20-2024019
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: Leila a Finucane
Title: President & CEO
Signed: 2017-10-09

Organization Details

Principal Officer: Leila a Finucane
Formed: 2004
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

Raw XML AppendixShowing 400 of 1,081 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/IntangibleAssetsGrp/EOYAmt	0	0
IRS990/InterestGrp/TotalAmt	0	0
IRS990/InventoriesForSaleOrUseGrp/EOYAmt	0	0
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	40
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	40
IRS990/InvestmentInJointVentureInd	0	false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/EOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/InvestTaxExemptBondsInd	0	false
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	1726222
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	3055946
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	2910908
IRS990/LandBldgEquipCostOrOtherBssAmt	0	4637130
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	435375
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	425342
IRS990/NetAssetsOrFundBalancesBOYAmt	0	2711143
IRS990/NetAssetsOrFundBalancesEOYAmt	0	2597040
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	2581
IRS990/OfficeExpensesGrp/TotalAmt	0	2581
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	144830
IRS990/OtherAssetsTotalGrp/EOYAmt	0	137941
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	7438
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	7438
IRS990/OtherExpensesGrp/Desc	0	REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	GROUND LEASE
IRS990/OtherExpensesGrp/Desc	3	HAZARD INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	63533
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	23788
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	17430
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	17004
IRS990/OtherExpensesGrp/TotalAmt	0	63533
IRS990/OtherExpensesGrp/TotalAmt	1	23788
IRS990/OtherExpensesGrp/TotalAmt	2	17430
IRS990/OtherExpensesGrp/TotalAmt	3	17004
IRS990/OtherLiabilitiesGrp/BOYAmt	0	67951
IRS990/OtherLiabilitiesGrp/EOYAmt	0	58252
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	26037
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	26037
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	2600
IRS990/PayrollTaxesGrp/TotalAmt	0	2600
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	4500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	8061
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	91725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	150291
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	2919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	91725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	150291
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	2919
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	47
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	331170
IRS990/PYProgramServiceRevenueAmt	0	249684
IRS990/PYRevenuesLessExpensesAmt	0	-116423
IRS990/PYSalariesCompEmpBnftPaidAmt	0	34984
IRS990/PYTotalExpensesAmt	0	366154
IRS990/PYTotalRevenueAmt	0	249731
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-114103
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	40
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	47
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	42
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	49
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	77
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	255
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	242016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	237374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	222216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	223704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	220555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1145865
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	40
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	47
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	42
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	49
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	77
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	255
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00020
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	2919
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	12310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	2184
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	2984
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	3088
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	23485
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.97970
IRS990ScheduleA/PublicSupportPY509Pct	0	0.97970
IRS990ScheduleA/PublicSupportTotal509Amt	0	1145865
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	242016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	237374
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	222216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	223704
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	220555
IRS990ScheduleA/Total509Grp/TotalAmt	0	1145865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	244975
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	249731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	224442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	226737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	223720
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1169605
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	2594333
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	847031
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	3441364
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	63301
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	63301
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	297287
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	564337
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	861624
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	19288
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	251553
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	270841
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	38478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	7895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	11879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	DEFERRED GROUND LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	2910908
IRS990ScheduleD/TotalLiabilityAmt	0	58252
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	356617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	150669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205818
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JEFFREY BLACKWELL

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,088,903
Liabilities: $491,863
Net assets: $2,597,040
Revenue: $244,975
Expenses: $359,078
Net income: -$114,103

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.85	$0.89	$1.96	$0.40	$0.46	$0.06
2023Summary only. Only limited summary data is available for this year.	$2.87	$0.86	$2.02	$0.36	$0.45	$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.52	$0.42	$2.10	$0.35	$0.44	$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.63	$0.44	$2.19	$0.33	$0.42	$0.08
2020Summary only. Only limited summary data is available for this year.	$2.72	$0.44	$2.28	$0.31	$0.41	$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.84	$0.46	$2.38	$0.28	$0.38	$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.97	$0.49	$2.48	$0.27	$0.38	$0.12
2017Detailed filing. Detailed filing data is available for this year.	$3.09	$0.49	$2.60	$0.24	$0.36	$0.11
2016Detailed filing. Detailed filing data is available for this year.	$3.24	$0.53	$2.71	$0.25	$0.37	$0.12
2015Detailed filing. Detailed filing data is available for this year.	$3.39	$0.56	$2.83	$0.22	$0.38	$0.16
2014Detailed filing. Detailed filing data is available for this year.	$3.51	$0.53	$2.99	$0.23	$0.33	$0.10
2013Summary only. Only limited summary data is available for this year.	$3.65	$0.56	$3.09	$0.22	$0.35	$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.79	$0.57	$3.21		$0.40
2011Summary only. Only limited summary data is available for this year.	$3.97	$0.58	$3.39	$0.23	$0.41	$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.18	$0.61	$3.57		$0.39