Civic Intelligence

O'Conor Homes Inc

EIN 20-2825758 • 501(c)3 • Frederick, MD

Profile

To provide affordable housing to the chronically mentally disabled under section 811 of the national affordable housing act.

PO Box 3734Frederick, MD 21705

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.31x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

15.99x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

7th percentile

-49%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$719,763

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 1075.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

34th percentile

-2.7%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

5.8%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$819,036

Down $22,752 (-2.7%) from 2023

Liabilities

Up

$1,069,751

Up $10,117 (+1.0%) from 2023

Net Assets

Down

-$250,715

Down $32,869 (-15%) from 2023

Revenue

Up

$66,921

Up $3,690 (+5.8%) from 2023

Expenses

Up

$99,790

Up $2,480 (+2.5%) from 2023

Net Income

Up

-$32,869

Up $1,210 (+3.6%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,098,947Liabilities 2011: $1,059,008Net Assets 2011: $39,9392011Assets 2012: $1,078,644Liabilities 2012: $1,060,627Net Assets 2012: $18,0172012Assets 2013: $1,058,588Liabilities 2013: $1,058,785Net Assets 2013: -$1972013Assets 2014: $1,035,494Liabilities 2014: $1,058,450Net Assets 2014: -$22,9562014Assets 2015: $1,011,807Liabilities 2015: $1,059,130Net Assets 2015: -$47,3232015Assets 2016: $990,117Liabilities 2016: $1,059,040Net Assets 2016: -$68,9232016Assets 2017: $973,271Liabilities 2017: $1,062,443Net Assets 2017: -$89,1722017Assets 2018: $959,299Liabilities 2018: $1,062,693Net Assets 2018: -$103,3942018Assets 2019: $963,543Liabilities 2019: $1,069,005Net Assets 2019: -$105,4622019Assets 2020: $948,942Liabilities 2020: $1,069,913Net Assets 2020: -$120,9712020Assets 2021: $898,859Liabilities 2021: $1,046,162Net Assets 2021: -$147,3032021Assets 2022: $863,630Liabilities 2022: $1,047,397Net Assets 2022: -$183,7672022Assets 2023: $841,788Liabilities 2023: $1,059,634Net Assets 2023: -$217,8462023Assets 2024: $819,036Liabilities 2024: $1,069,751Net Assets 2024: -$250,7152024

Highlighted filing

2024

Assets$819,036
Liabilities$1,069,751
Net Assets-$250,715

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2011: $82,8882011Expenses 2012: $83,8812012Expenses 2013: $83,8472013Revenue 2014: $66,824Expenses 2014: $89,583Net Income 2014: -$22,7592014Revenue 2015: $60,023Expenses 2015: $84,390Net Income 2015: -$24,3672015Revenue 2016: $69,153Expenses 2016: $90,753Net Income 2016: -$21,6002016Revenue 2017: $67,077Expenses 2017: $87,326Net Income 2017: -$20,2492017Revenue 2018: $70,784Expenses 2018: $85,006Net Income 2018: -$14,2222018Revenue 2019: $75,099Expenses 2019: $77,167Net Income 2019: -$2,0682019Revenue 2020: $73,034Expenses 2020: $88,543Net Income 2020: -$15,5092020Revenue 2021: $61,767Expenses 2021: $88,099Net Income 2021: -$26,3322021Revenue 2022: $61,667Expenses 2022: $98,131Net Income 2022: -$36,4642022Revenue 2023: $63,231Expenses 2023: $97,310Net Income 2023: -$34,0792023Revenue 2024: $66,921Expenses 2024: $99,790Net Income 2024: -$32,8692024

Highlighted filing

2024

Revenue$66,921
Expenses$99,790
Net Income-$32,869

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$1.07$0.25$0.07$0.10$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$1.06$0.22$0.06$0.10$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$1.05$0.18$0.06$0.10$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$1.05$0.15$0.06$0.09$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$1.07$0.12$0.07$0.09$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$1.07$0.11$0.08$0.08$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$1.06$0.10$0.07$0.09$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$1.06$0.09$0.07$0.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.99$1.06$0.07$0.07$0.09$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$1.06$0.05$0.06$0.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.04$1.06$0.02$0.07$0.09$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$1.06$0.00$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$1.06$0.02$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.06$0.04$0.08
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 4, 2017
Return Version
2015v3.0
Gross Receipts
$69,153
Mission and Program Overview

Mission

To provide affordable housing to the chronically mentally disabled under section 811 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$977,270$947,417▼ $29,853
Cash and Non-Interest-Bearing Accounts$3,083$6,564▲ $3,481
Accounts Receivable-$637-
Total Assets$1,011,807$990,117▼ $21,690
Other Assets Total$31,454$35,499▲ $4,045
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,053,983$1,053,983→ $0
Accounts Payable and Accrued Expenses$2,697$2,686▼ $11
Escrow Account Liability$1,149$1,184▲ $35
Other Liabilities$812$838▲ $26
Deferred Revenue$489$349▼ $140
Total Liabilities$1,059,130$1,059,040▼ $90
Net Assets / Fund Balance
Temporarily Rstr Net Assets$80,000$80,000→ $0
Unrestricted Net Assets$-127,323$-148,923▼ $21,600
Total Net Assets Fund Balance$-47,323$-68,923▼ $21,600
Total Liabilities and Net Assets / Fund Balance$1,011,807$990,117▼ $21,690

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$819,126$215,141$1,034,267
Land$128,291-$128,291
Compensation and Service Providers

Employees

NameTitleOtherTotal
Douglas GreenleeVice President Until 6/30/16$80,987$80,987
Lindsay FordSecretary/treasurer$61,891$61,891

Board Members and Trustees

NameTitle
Diane Mckay-lebherzPresident
Andrew WoolardDirector
Bethamy BeamDirector
Frederic HinzeDirector
James MaherDirector
Richard SeidelDirector
JAMES O'CONORDirector Until 6/27/16
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$69,142
Investment Income
$11
Other Revenue
$0
Change in Net Assets
$-21,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$69,153
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$69,153
Total Revenue per Form 990
$69,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$29,853--$29,853
Occupancy$9,969--$9,969
Fees for Services Management-$9,108-$9,108
Other Expenses$6,626--$6,626
Fees for Services Accounting$690$5,100-$5,790
Office Expenses-$51-$51
Conferences and Meetings$8--$8
Total Functional Expenses$76,494$14,259$0$90,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$90,753
Total Expenses per Audited Statements$90,753
Total Expenses per Form 990$90,753
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to Related Organization$838
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 3

Property management activities are performed by the related sponsoring organization, way station inc., pursuant to a contract approved by hud. Way station, inc. Is a tax-exempt organization under section 501(c)(3) of the internal revenue code. The fee is capped at $58.40 per unit per month and the amount charged to operations for 2016 was $9,108. As reported on form 990, part vii, section a, the following individuals received compensation from way station, inc.: name: reportable compensation: other compensation: douglas greenlee $64,190 $16,797 lindsay ford $51,994 $9,897

Form 990, Part VI, Section A, Line 8B

The board acted as a whole on all matters and no committee was appointed during the fiscal year.

Form 990, Part VI, Section B, Line 11

The board is provided with a complete copy of the return prior to filing. No further review is conducted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request. Additionally, the financials are filed with the omb under the a-133 provisions.

Form 990, Part VI, Section B

The organization employs the conflict of interest, whistleblower and document retention and destruction policies of its related management agent, way station, inc.

Filing and Contact Details

Filer

Filer Name
O'CONOR HOMES INC
EIN
20-2825758
Phone
3016620099
Address
PO BOX 3734, FREDERICK, MD 21705

Signing Officer

Name
Mark Lawrence
Title
Vice President
Phone
3016620099
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Lawrence
Formed
2005
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

A committee has not been appointed as the full board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART IV, LINE 2B:

Resident security deposits held in accordance with regulations.

PART X, LINE 2:

The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to june 30, 2013.

Raw XML AppendixShowing 400 of 693 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/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02686
IRS990/AccountsReceivableGrp/EOYAmt0637
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LINDSAY FORD
IRS990/BooksInCareOfDetail/PhoneNum03016620099
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0230 W PATRICK STREET PO BOX 3826
IRS990/BooksInCareOfDetail/USAddress/CityNm0FREDERICK
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IRS990/CollectionsOfArtInd00
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IRS990/CYRevenuesLessExpensesAmt0-21600
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IRS990/ExpenseAmt076494
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IRS990/FeesForServicesAccountingGrp/TotalAmt05790
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt09108
IRS990/FeesForServicesManagementGrp/TotalAmt09108
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt89897
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANE MCKAY-LEBHERZ
IRS990/Form990PartVIISectionAGrp/PersonNm1BETHAMY BEAM
IRS990/Form990PartVIISectionAGrp/PersonNm2FREDERIC HINZE
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES MAHER
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES O'CONOR
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD SEIDEL
IRS990/Form990PartVIISectionAGrp/PersonNm6ANDREW WOOLARD
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUGLAS GREENLEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR UNTIL 6/27/16
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT UNTIL 6/30/16
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY/TREASURER
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IRS990/OtherExpensesGrp/Desc1ALLOCATED COMPENSATION
IRS990/OtherExpensesGrp/ProgramServicesAmt029348
IRS990/OtherExpensesGrp/ProgramServicesAmt16626
IRS990/OtherExpensesGrp/TotalAmt029348
IRS990/OtherExpensesGrp/TotalAmt16626
IRS990/OtherLiabilitiesGrp/BOYAmt0812
IRS990/OtherLiabilitiesGrp/EOYAmt0838
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK LAWRENCE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt069142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069142
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt084390
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt060015
IRS990/PYRevenuesLessExpensesAmt0-24367
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt084390
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt060023
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-21600
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt069142
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt069142
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt060015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt066816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt065624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt061935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0323532
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt060
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0323532
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt069142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060015
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt066816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065624
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt061935
IRS990ScheduleA/Total509Grp/TotalAmt0323532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt069153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt060023
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt066824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt065633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt061959
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0323592
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0819126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0215141
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01034267
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt090753
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0128291
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0128291
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt069153
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RESIDENT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0947417
IRS990ScheduleD/TotalExpensesPerForm990Amt090753
IRS990ScheduleD/TotalLiabilityAmt0838
IRS990ScheduleD/TotalRevenuePerForm990Amt069153
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt069153
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt090753
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPERTY MANAGEMENT ACTIVITIES ARE PERFORMED BY THE RELATED SPONSORING ORGANIZATION, WAY STATION INC., PURSUANT TO A CONTRACT APPROVED BY HUD. WAY STATION, INC. IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEE IS CAPPED AT $58.40 PER UNIT PER MONTH AND THE AMOUNT CHARGED TO OPERATIONS FOR 2016 WAS $9,108. AS REPORTED ON FORM 990, PART VII, SECTION A, THE FOLLOWING INDIVIDUALS RECEIVED COMPENSATION FROM WAY STATION, INC.: NAME: REPORTABLE COMPENSATION: OTHER COMPENSATION: DOUGLAS GREENLEE $64,190 $16,797 LINDSAY FORD $51,994 $9,897
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE RETURN PRIOR TO FILING. NO FURTHER REVIEW IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FINANCIALS ARE FILED WITH THE OMB UNDER THE A-133 PROVISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION EMPLOYS THE CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES OF ITS RELATED MANAGEMENT AGENT, WAY STATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COMMITTEE HAS NOT BEEN APPOINTED AS THE FULL BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SHEPPARD AND ENOCH PRATT FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt10WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt11WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt12WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt13WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt14WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt15WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt16WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt17WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt18WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt19WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt20WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHEPPARD AND ENOCH PRATT FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1WAY STATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2WAY STATION FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3AUTUMN PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4WINTER PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5BEAM HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6SPRING PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7WALDEN PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8GEORGETOWN APTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9IRISH MEADOWS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10OLDETOWNE HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11POTOMAC RIVER HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12FLOYD KRESS HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13WETZEL HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14FLURY PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15HINZE HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16OTTEY HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17KIRKLAND HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18MAHER HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19WOOLARD HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20BETTY JANE MALONE HOMES INC

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