Civic Intelligence

Blackstone United Methodist Housing Corporation

990 • Fiscal year 2018 • EIN 20-2074645

Oct 01, 2017 to Sep 30, 2018 • Filed on Dec 19, 2018

1706 Grandin Road SWRoanoke, VA 24015

(540) 354-8022

Siviq Scores

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

Liabilities / Assets

96th percentile

1.38x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

16.48x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

32nd percentile

-3.0%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-2.4%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,252,015

Down $38,273 (-3.0%) from 2017

Net Assets

Down

-$479,718

Down $40,914 (-9.3%) from 2017

Liabilities

Up

$1,731,733

Up $2,641 (+0.2%) from 2017

Revenue

Down

$105,065

Down $2,543 (-2.4%) from 2017

Expenses

Up

$145,979

Up $2,790 (+1.9%) from 2017

Net Income

Down

-$40,914

Down $5,333 (-15%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2012: $1,499,106Liabilities 2012: $1,757,214Net Assets 2012: -$258,1082012Assets 2013: $1,454,285Liabilities 2013: $1,727,285Net Assets 2013: -$273,0002013Assets 2014: $1,415,651Liabilities 2014: $1,727,491Net Assets 2014: -$311,8402014Assets 2015: $1,379,641Liabilities 2015: $1,728,825Net Assets 2015: -$349,1842015Assets 2016: $1,326,354Liabilities 2016: $1,729,577Net Assets 2016: -$403,2232016Assets 2017: $1,290,288Liabilities 2017: $1,729,092Net Assets 2017: -$438,8042017Assets 2018: $1,252,015Liabilities 2018: $1,731,733Net Assets 2018: -$479,7182018Assets 2019: $1,204,735Liabilities 2019: $1,734,352Net Assets 2019: -$529,6172019Assets 2020: $1,184,071Liabilities 2020: $1,736,798Net Assets 2020: -$552,7272020Assets 2021: $1,136,199Liabilities 2021: $1,734,850Net Assets 2021: -$598,6512021Assets 2022: $1,095,669Liabilities 2022: $1,739,507Net Assets 2022: -$643,8382022Assets 2023: $1,044,882Liabilities 2023: $1,752,680Net Assets 2023: -$707,7982023Assets 2024: $997,835Liabilities 2024: $1,754,111Net Assets 2024: -$756,2762024

Highlighted filing

2018

Assets$1,252,015
Liabilities$1,731,733
Net Assets-$479,718

Operations Trend

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

$200K$100K$0-$100KExpenses 2012: $138,8342012Expenses 2013: $138,0392013Revenue 2014: $102,432Expenses 2014: $141,272Net Income 2014: -$38,8402014Revenue 2015: $103,377Expenses 2015: $140,721Net Income 2015: -$37,3442015Revenue 2016: $98,973Expenses 2016: $153,012Net Income 2016: -$54,0392016Revenue 2017: $107,608Expenses 2017: $143,189Net Income 2017: -$35,5812017Revenue 2018: $105,065Expenses 2018: $145,979Net Income 2018: -$40,9142018Revenue 2019: $107,182Expenses 2019: $157,081Net Income 2019: -$49,8992019Revenue 2020: $114,613Expenses 2020: $159,723Net Income 2020: -$45,1102020Revenue 2021: $116,857Expenses 2021: $162,781Net Income 2021: -$45,9242021Revenue 2022: $118,285Expenses 2022: $163,472Net Income 2022: -$45,1872022Revenue 2023: $127,277Expenses 2023: $191,237Net Income 2023: -$63,9602023Revenue 2024: $135,453Expenses 2024: $183,931Net Income 2024: -$48,4782024

Highlighted filing

2018

Revenue$105,065
Expenses$145,979
Net Income-$40,914
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Dec 19, 2018
Return Version
2017v2.3
Gross Receipts
$105,065
Mission and Program Overview

Mission

To provide housing low-income elderly persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,230,789$1,192,435▼ $38,354
Prepaid Expenses and Deferred Charges$1,964$2,009▲ $45
Cash and Non-Interest-Bearing Accounts$8,288$1,878▼ $6,410
Accounts Receivable$743$1,578▲ $835
Total Assets$1,290,288$1,252,015▼ $38,273
Other Assets Total$48,504$54,115▲ $5,611
Liabilities
Other Liabilities$1,723,157$1,723,866▲ $709
Accounts Payable and Accrued Expenses$5,688$7,455▲ $1,767
Deferred Revenue$247$412▲ $165
Total Liabilities$1,729,092$1,731,733▲ $2,641
Net Assets / Fund Balance
Unrestricted Net Assets$-438,804$-479,718▼ $40,914
Total Net Assets Fund Balance$-438,804$-479,718▼ $40,914
Total Liabilities and Net Assets / Fund Balance$1,290,288$1,252,015▼ $38,273

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,104,078$527,217$1,631,295
Land$84,000-$84,000
Equipment$4,357$51,695$56,052
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$46,357
Program Service Revenue
$58,635
Investment Income
$32
Other Revenue
$41
Change in Net Assets
$-40,914

Audited Revenue Reconciliation

Revenue per Audited Statements
$105,065
Total Revenue per Audited Statements
$105,065
Total Revenue per Form 990
$105,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,162
Salaries, Compensation, and Employee Benefits$23,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$47,530--$47,530
Occupancy$25,445--$25,445
Other Salaries and Wages$19,510--$19,510
Fees for Services Accounting$8,894--$8,894
All Other Expenses$5,712--$5,712
Other Expenses$4,832--$4,832
Other Employee Benefits$2,764--$2,764
Payroll Taxes$1,543--$1,543
Total Functional Expenses$145,979$0$0$145,979

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$145,979
Total Expenses per Audited Statements$145,979
Total Expenses per Form 990$145,979
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
Capital Advance-earned$1,712,000
Accrued Real Estate Taxes$5,911
Security Deposit Liab$5,417
Hap Payable$409
Security Deposit Clearing$72
A/p Payroll Taxes$54
Rounding$3
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

AMURCON REALTY CO.

Form 990, Page 6, Part VI, Line 11B

The president, larry dickenson, reviews the prepared copy before signing and filing the return.

Form 990, Page 6, Part VI, Line 15A

NO COMPENSATION PAID

Form 990, Page 6, Part VI, Line 15B

NO COMPENSATION PAID

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Blackstone United Methodist Housing
EIN
20-2074645
Phone
5403548022
Address
1706 GRANDIN ROAD SW, ROANOKE, VA 24015

Signing Officer

Name
Larry Dickenson
Title
President
Phone
5403548022
Signed
2018-12-19

Organization Details

Principal Officer
Larry Dickenson
Formed
2006
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Arehart Associates Ltd
Address
320 FEDERAL ST, WAYNESBORO, VA 22980-4614
Preparer
Jan S Hoover
Phone
5409490124
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IRS990/OtherRevenueMiscGrp/Desc1ROUNDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt042
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-1
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt042
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-1
IRS990/OtherRevenueTotalAmt041
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019510
IRS990/OtherSalariesAndWagesGrp/TotalAmt019510
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01543
IRS990/PayrollTaxesGrp/TotalAmt01543
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01964
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02009
IRS990/PrincipalOfficerNm0LARRY DICKENSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GROSS POTENTIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc1VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt068363
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-9728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-9728
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049476
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt0119100
IRS990/PYOtherRevenueAmt01588
IRS990/PYProgramServiceRevenueAmt056517
IRS990/PYRevenuesLessExpensesAmt0-35581
IRS990/PYSalariesCompEmpBnftPaidAmt024089
IRS990/PYTotalExpensesAmt0143189
IRS990/PYTotalRevenueAmt0107608
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-40914
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt058635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt046319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt048722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt045814
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0236688
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt058676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058105
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt052627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt054627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt056594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0280629
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0138
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0517317
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0105033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0107581
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098946
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0103349
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102408
IRS990ScheduleA/Total509Grp/TotalAmt0517317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0105065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0107608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0103377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0102432
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0517455
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01104078
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0527217
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01631295
IRS990ScheduleD/EquipmentGrp/BookValueAmt04357
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056052
IRS990ScheduleD/ExpensesSubtotalAmt0145979
IRS990ScheduleD/LandGrp/BookValueAmt084000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt084000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01712000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt63
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ADVANCE-EARNED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT LIAB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3HAP PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SECURITY DEPOSIT CLEARING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5A/P PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6ROUNDING
IRS990ScheduleD/RevenueSubtotalAmt0105065
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01192435
IRS990ScheduleD/TotalExpensesPerForm990Amt0145979
IRS990ScheduleD/TotalLiabilityAmt01723866
IRS990ScheduleD/TotalRevenuePerForm990Amt0105065
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0105065
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0145979
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMURCON REALTY CO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT, LARRY DICKENSON, REVIEWS THE PREPARED COPY BEFORE SIGNING AND FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMPENSATION PAID
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMPENSATION PAID
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$1.75$0.76$0.14$0.18$0.05
2023Summary only. Only limited summary data is available for this year.$1.04$1.75$0.71$0.13$0.19$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.74$0.64$0.12$0.16$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.73$0.60$0.12$0.16$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.74$0.55$0.11$0.16$0.05
2019Summary only. Only limited summary data is available for this year.$1.20$1.73$0.53$0.11$0.16$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.25$1.73$0.48$0.11$0.15$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$1.73$0.44$0.11$0.14$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.33$1.73$0.40$0.10$0.15$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.38$1.73$0.35$0.10$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.42$1.73$0.31$0.10$0.14$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$1.73$0.27$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.76$0.26$0.14