Civic Intelligence

Fairfield Garden Court Inc

EIN 20-3453966 • 501(c)3 • South Bend, IN

Profile

Fairfield garden court, inc. (an indiana not-for-profit corporation) was organized to construct, own and operate a 25 unit apartment community in plymouth, indiana, known as fairfield garden court, pursuant to section 202 of the national affordable housing act, as amended. The organization has executed the standard regulatory agreements with hud that govern the operations of the community with the federal housing administration (fha). In addition, the corporation has also entered into a project rental assistance contract (prac contract) with hud. The prac contract is a rent assistance program for low income families or persons as provided by the section 8 program of the national housing act.

PO Box 540South Bend, IN 46624

n/A

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

56th percentile

0.11x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

29th percentile

-3.2%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

38th percentile

0.8%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,325,369

Down $44,186 (-3.2%) from 2024

Liabilities

Down

$23,582

Down $4,175 (-15%) from 2024

Net Assets

Down

$1,301,787

Down $40,011 (-3.0%) from 2024

Revenue

Up

$218,472

Up $1,732 (+0.8%) from 2024

Expenses

Up

$258,483

Up $40,218 (+18%) from 2024

Net Income

Down

-$40,011

Down $38,486 (-2524%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,845,468Liabilities 2011: $2,027,614Net Assets 2011: -$182,1462011Assets 2012: $1,792,741Liabilities 2012: $2,028,492Net Assets 2012: -$235,7512012Assets 2013: $1,743,200Liabilities 2013: $2,028,951Net Assets 2013: -$285,7512013Assets 2014: $1,670,801Liabilities 2014: $14,035Net Assets 2014: $1,656,7662014Assets 2015: $1,619,260Liabilities 2015: $13,319Net Assets 2015: $1,605,9412015Assets 2016: $1,570,191Liabilities 2016: $17,220Net Assets 2016: $1,552,9712016Assets 2017: $1,519,994Liabilities 2017: $22,089Net Assets 2017: $1,497,9052017Assets 2018: $1,494,489Liabilities 2018: $18,533Net Assets 2018: $1,475,9562018Assets 2019: $1,470,175Liabilities 2019: $18,062Net Assets 2019: $1,452,1132019Assets 2020: $1,452,976Liabilities 2020: $26,755Net Assets 2020: $1,426,2212020Assets 2021: $1,411,957Liabilities 2021: $25,764Net Assets 2021: $1,386,1932021Assets 2022: $1,381,066Liabilities 2022: $25,439Net Assets 2022: $1,355,6272022Assets 2023: $1,373,255Liabilities 2023: $29,932Net Assets 2023: $1,343,3232023Assets 2024: $1,369,555Liabilities 2024: $27,757Net Assets 2024: $1,341,7982024Assets 2025: $1,325,369Liabilities 2025: $23,582Net Assets 2025: $1,301,7872025

Highlighted filing

2025

Assets$1,325,369
Liabilities$23,582
Net Assets$1,301,787

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $162,0082011Revenue 2012: $108,817Expenses 2012: $162,422Net Income 2012: -$53,6052012Revenue 2013: $110,369Expenses 2013: $160,369Net Income 2013: -$50,0002013Revenue 2014: $120,355Expenses 2014: $182,338Net Income 2014: -$61,9832014Revenue 2015: $124,188Expenses 2015: $175,013Net Income 2015: -$50,8252015Revenue 2016: $123,685Expenses 2016: $176,655Net Income 2016: -$52,9702016Revenue 2017: $131,900Expenses 2017: $186,966Net Income 2017: -$55,0662017Revenue 2018: $156,123Expenses 2018: $178,072Net Income 2018: -$21,9492018Revenue 2019: $162,782Expenses 2019: $186,625Net Income 2019: -$23,8432019Revenue 2020: $163,638Expenses 2020: $189,287Net Income 2020: -$25,6492020Revenue 2021: $162,819Expenses 2021: $202,847Net Income 2021: -$40,0282021Revenue 2022: $181,261Expenses 2022: $211,827Net Income 2022: -$30,5662022Revenue 2023: $189,887Expenses 2023: $202,191Net Income 2023: -$12,3042023Revenue 2024: $216,740Expenses 2024: $218,265Net Income 2024: -$1,5252024Revenue 2025: $218,472Expenses 2025: $258,483Net Income 2025: -$40,0112025

Highlighted filing

2025

Revenue$218,472
Expenses$258,483
Net Income-$40,011

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.02$1.30$0.22$0.26$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.03$1.34$0.22$0.22$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.03$1.34$0.19$0.20$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.03$1.36$0.18$0.21$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.03$1.39$0.16$0.20$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.03$1.43$0.16$0.19$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.02$1.45$0.16$0.19$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.02$1.48$0.16$0.18$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.02$1.50$0.13$0.19$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.02$1.55$0.12$0.18$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.01$1.61$0.12$0.18$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.01$1.66$0.12$0.18$0.06
2013Summary only. Only limited summary data is available for this year.$1.74$2.03$0.29$0.11$0.16$0.05
2012Summary only. Only limited summary data is available for this year.$1.79$2.03$0.24$0.11$0.16$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$2.03$0.18$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$218,472
Mission and Program Overview

Mission

Fairfield garden court, inc. (an indiana not-for-profit corporation) was organized to construct, own and operate a 25 unit apartment community in plymouth, indiana, known as fairfield garden court, pursuant to section 202 of the national affordable housing act, as amended. The organization has executed the standard regulatory agreements with hud that govern the operations of the community with the federal housing administration (fha). In addition, the corporation has also entered into a project rental assistance contract (prac contract) with hud. The prac contract is a rent assistance program for low income families or persons as provided by the section 8 program of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,169,034$1,135,452▼ $33,582
Investments Program Related$165,087$147,892▼ $17,195
Cash and Non-Interest-Bearing Accounts$18,782$25,474▲ $6,692
Prepaid Expenses and Deferred Charges$6,862$7,752▲ $890
Accounts Receivable$926$300▼ $626
Total Assets$1,369,555$1,325,369▼ $44,186
Other Assets Total$8,864$8,499▼ $365
Liabilities
Accounts Payable and Accrued Expenses$18,897$14,700▼ $4,197
Other Liabilities$8,840$8,881▲ $41
Deferred Revenue$20$1▼ $19
Total Liabilities$27,757$23,582▼ $4,175
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,341,798$1,301,787▼ $40,011
Total Net Assets Fund Balance$1,341,798$1,301,787▼ $40,011
Total Liabilities and Net Assets / Fund Balance$1,369,555$1,325,369▼ $44,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$985,183$796,353$1,781,536
Equipment$72,062$191,512$263,574
Land$75,000-$75,000
Other Land Buildings$3,207$8,008$11,215
Investment Program Related Org$5,970--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MyersPresident
Diann ParsonsVice President
Loretta PetersDirector
Lori ParrishDirector
Mark CottrillDirector
Mary KaufmanDirector
Sarah SmithDirector
Sharon BalkaDirector
Susan EllertDirector
Matt CottrillFormer Director
Karen GehrkeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$105,447
Program Service Revenue
$108,215
Investment Income
$338
Other Revenue
$4,472
Change in Net Assets
$-40,011

Audited Revenue Reconciliation

Revenue per Audited Statements
$218,472
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$218,472
Total Revenue per Form 990
$218,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$258,483
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
Occupancy$115,764--$115,764
Depreciation Depletion$54,880--$54,880
Fees for Services Management-$20,100-$20,100
Office Expenses-$14,788-$14,788
Fees for Services Accounting-$12,505-$12,505
Travel-$1,991-$1,991
Other Expenses$13,197$1,650-$1,650
Advertising-$225-$225
Total Functional Expenses$183,841$74,642$0$258,483

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$259,244
Expenses per Audited Statements$258,483
Total Expenses per Form 990$258,483
Expenses Not Reported on Form 990$761
Expenses Not Reported on Financial Statements$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
Security Deposit Liability$8,781
Due to Sponsor$100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
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

Fairfield garden court, inc. Is managed by bradley residential management, a professional property management company. Bradley residential management has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development. Under this certification, hud has approved bradley residential management to manage the fairfield garden court apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

Form 990, Part VI, Section A, Line 6

Membership or members shall consist of and be coexistence with the board of directors and there shall be no other members of the corporation. However, directors of the corporation must be members of garden court inc. Or such non-members of that corporation who have been approved by the board of directors of garden court, inc.

Form 990, Part VI, Section A, Line 7A

Per the articles of incorporation directors of the corporation must be members of garden court inc. Or such non-members of that corporation who have been approved by the board of directors of garden court, inc.

Form 990, Part VI, Section B, Line 11B

The auditing firm sends a draft of the return to the management company. The management company presents the 990 at the board meeting for their review. Once the board has an opportunity to ask questions, the board approves the form 990 and the president gives appproval to file the return.

Form 990, Part VI, Section B, Line 12C

Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.

Form 990, Part VI, Section B, Line 15

The organization does not compensate officers or directors (see page 7, part vii). If the organization revises its position on compensation of officers and directors, an additional policy will be drafted at that time.

Form 990, Part VI, Section C, Line 19

Existing policies, returns and financial statements are maintained at the offices of the management company. These documents are made available to the public upon written request.

FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B:

Hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.

Filing and Contact Details

Filer

Filer Name
Fairfield Garden Court Inc
EIN
20-3453966
Phone
5742349923
Address
PO BOX 540, SOUTH BEND, IN 46624

Signing Officer

Name
Rodney Ludwig
Title
Authorized Agent
Phone
5742349923
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Myers
Formed
2005
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Michelle Siebert
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Overview of audit function: the management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Book/tax depreciation expense difference 761.

Raw XML AppendixShowing 400 of 635 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/ActivityOrMissionDesc0FAIRFIELD GARDEN COURT, INC. (AN INDIANA NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 25 UNIT APARTMENT COMMUNITY IN PLYMOUTH, INDIANA, KNOWN AS FAIRFIELD GARDEN COURT, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0105447
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0218472
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0338
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0338
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0165087
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0147892
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0995873
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01169034
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01135452
IRS990/LandBldgEquipCostOrOtherBssAmt02131325
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FAIRFIELD GARDEN COURT, INC. (AN INDIANA NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 25 UNIT APARTMENT COMMUNITY IN PLYMOUTH, INDIANA, KNOWN AS FAIRFIELD GARDEN COURT, PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01341798
IRS990/NetAssetsOrFundBalancesEOYAmt01301787
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01341798
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01301787
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0115764
IRS990/OccupancyGrp/TotalAmt0115764
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014788
IRS990/OfficeExpensesGrp/TotalAmt014788
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08864
IRS990/OtherAssetsTotalGrp/EOYAmt08499
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT CO. EMPLOYEE
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc2COMPLIANCE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023383
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11650
IRS990/OtherExpensesGrp/ProgramServicesAmt013197
IRS990/OtherExpensesGrp/TotalAmt023383
IRS990/OtherExpensesGrp/TotalAmt113197
IRS990/OtherExpensesGrp/TotalAmt21650
IRS990/OtherLiabilitiesGrp/BOYAmt08840
IRS990/OtherLiabilitiesGrp/EOYAmt08881
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03608
IRS990/OtherRevenueMiscGrp/ExclusionAmt1835
IRS990/OtherRevenueMiscGrp/ExclusionAmt229
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03608
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1835
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt229
IRS990/OtherRevenueTotalAmt04472
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06862
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07752
IRS990/PrincipalOfficerNm0JOHN MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108215
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt094524
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0375
IRS990/PYOtherExpensesAmt0218265
IRS990/PYOtherRevenueAmt09682
IRS990/PYProgramServiceRevenueAmt0112159
IRS990/PYRevenuesLessExpensesAmt0-1525
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0218265
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0216740
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-40011
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0108215
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0105447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089366
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt081879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt061908
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0433124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0338
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0108215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0112159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt097154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt096285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt097564
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0511377
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01054
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt09682
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03143
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03036
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03291
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023624
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97450
IRS990ScheduleA/PublicSupportPY509Pct00.97110
IRS990ScheduleA/PublicSupportTotal509Amt0944501
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0213662
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0206683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0186520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0178164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0159472
IRS990ScheduleA/Total509Grp/TotalAmt0944501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0218472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0216740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0189887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0181261
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0162819
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0969179
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0985183
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0796353
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01781536
IRS990ScheduleD/EquipmentGrp/BookValueAmt072062
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0191512
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0263574
IRS990ScheduleD/ExpensesNotReportedAmt0761
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0258483
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0141922
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15970
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherExpensesIncludedAmt0761
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03207
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08008
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0218472
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 761.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01135452
IRS990ScheduleD/TotalBookValueProgramRltdAmt0147892
IRS990ScheduleD/TotalExpensesPerForm990Amt0258483
IRS990ScheduleD/TotalLiabilityAmt08881
IRS990ScheduleD/TotalRevenuePerForm990Amt0218472
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0218472
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0259244
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAIRFIELD GARDEN COURT, INC. IS MANAGED BY BRADLEY RESIDENTIAL MANAGEMENT, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BRADLEY RESIDENTIAL MANAGEMENT HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED BRADLEY RESIDENTIAL MANAGEMENT TO MANAGE THE FAIRFIELD GARDEN COURT APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP OR MEMBERS SHALL CONSIST OF AND BE COEXISTENCE WITH THE BOARD OF DIRECTORS AND THERE SHALL BE NO OTHER MEMBERS OF THE CORPORATION. HOWEVER, DIRECTORS OF THE CORPORATION MUST BE MEMBERS OF GARDEN COURT INC. OR SUCH NON-MEMBERS OF THAT CORPORATION WHO HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS OF GARDEN COURT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PER THE ARTICLES OF INCORPORATION DIRECTORS OF THE CORPORATION MUST BE MEMBERS OF GARDEN COURT INC. OR SUCH NON-MEMBERS OF THAT CORPORATION WHO HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS OF GARDEN COURT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY PRESENTS THE 990 AT THE BOARD MEETING FOR THEIR REVIEW. ONCE THE BOARD HAS AN OPPORTUNITY TO ASK QUESTIONS, THE BOARD APPROVES THE FORM 990 AND THE PRESIDENT GIVES APPPROVAL TO FILE THE RETURN.

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