Civic Intelligence

Preservation Housing Partners

990 • Fiscal year 2018 • EIN 20-3708317

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

Organization ProfileN/A
5184 Iron GateBloomfield Hills, MI 48304

(248) 933-8560

Siviq Scores

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

Liabilities / Assets

79th percentile

0.63x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

2.91x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

58th percentile

5.5%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$273,450

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

72nd percentile

8.6%

Faster asset growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

86th percentile

36%

Faster revenue growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$19,968,619

Up $1,577,215 (+8.6%) from 2017

Net Assets

Up

$7,427,544

Up $196,904 (+2.7%) from 2017

Liabilities

Up

$12,541,075

Up $1,380,311 (+12%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin58th percentile

Revenue

Up

$4,303,405

Up $1,140,245 (+36%) from 2017

Expenses

Up

$4,068,517

Up $425,962 (+12%) from 2017

Net Income

Up

$234,888

Up $714,283 (+149%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$30M$20M$10M$0Assets 2010: $10,553,805Liabilities 2010: $3,131,831Net Assets 2010: $7,421,9742010Assets 2011: $15,781,371Liabilities 2011: $8,616,179Net Assets 2011: $7,165,1922011Assets 2012: $17,159,882Liabilities 2012: $9,668,943Net Assets 2012: $7,490,9392012Assets 2013: $17,030,793Liabilities 2013: $9,545,062Net Assets 2013: $7,485,7312013Assets 2014: $16,415,357Liabilities 2014: $9,200,456Net Assets 2014: $7,214,9012014Assets 2015: $17,152,596Liabilities 2015: $10,174,488Net Assets 2015: $6,978,1082015Assets 2016: $17,398,860Liabilities 2016: $9,689,987Net Assets 2016: $7,708,8732016Assets 2017: $18,391,404Liabilities 2017: $11,160,764Net Assets 2017: $7,230,6402017Assets 2018: $19,968,619Liabilities 2018: $12,541,075Net Assets 2018: $7,427,5442018Assets 2019: $21,220,061Liabilities 2019: $14,653,330Net Assets 2019: $6,566,7312019Assets 2020: $19,834,729Liabilities 2020: $12,695,604Net Assets 2020: $7,139,1252020Assets 2021: $17,748,211Liabilities 2021: $10,028,188Net Assets 2021: $7,720,0232021Assets 2022: $17,662,133Liabilities 2022: $9,834,936Net Assets 2022: $7,827,1972022Assets 2023: $17,320,379Liabilities 2023: $9,624,440Net Assets 2023: $7,695,9392023Assets 2024: $22,996,642Liabilities 2024: $10,405,465Net Assets 2024: $12,591,1772024

Highlighted filing

2018

Assets$19,968,619
Liabilities$12,541,075
Net Assets$7,427,544
Open 2018 Filing

Operations Trend

Revenue Growth86th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $132,6782010Expenses 2011: $2,227,4172011Expenses 2012: $5,424,2352012Revenue 2013: $3,396,244Expenses 2013: $3,401,452Net Income 2013: -$5,2082013Revenue 2014: $3,304,277Expenses 2014: $3,572,542Net Income 2014: -$268,2652014Revenue 2015: $3,064,822Expenses 2015: $3,301,615Net Income 2015: -$236,7932015Revenue 2016: $4,194,907Expenses 2016: $3,467,203Net Income 2016: $727,7042016Revenue 2017: $3,163,160Expenses 2017: $3,642,555Net Income 2017: -$479,3952017Revenue 2018: $4,303,405Expenses 2018: $4,068,517Net Income 2018: $234,8882018Revenue 2019: $3,081,981Expenses 2019: $3,817,078Net Income 2019: -$735,0972019Revenue 2020: $3,431,204Expenses 2020: $3,708,096Net Income 2020: -$276,8922020Revenue 2021: $4,586,755Expenses 2021: $3,274,234Net Income 2021: $1,312,5212021Revenue 2022: $2,883,171Expenses 2022: $3,114,772Net Income 2022: -$231,6012022Revenue 2023: $3,176,591Expenses 2023: $3,463,364Net Income 2023: -$286,7732023Revenue 2024: $6,213,822Expenses 2024: $4,031,056Net Income 2024: $2,182,7662024

Highlighted filing

2018

Revenue$4,303,405
Expenses$4,068,517
Net Income$234,888
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$4,311,355
Mission and Program Overview

Mission

The corporation was formed on october 24, 2005 under section 501(c)(3) of the internal revenue code. The purpose of the corporation is to create and preserve affordable housing through the investment, construction or acquisition and rehabilitation of multifamily residential real estate for very low, low, and moderate income tenants. In addition, the corporation invested in two affordable housing communities whose property also qualified for historic rehabilitation tax credits in accordance with section 47 of the irc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,996,321$12,879,667▲ $883,346
Cash and Non-Interest-Bearing Accounts$2,961,393$2,998,913▲ $37,520
Investments Program Related$1,665,797$1,866,007▲ $200,210
Other Notes and Loans Receivable, Net$899,675$875,142▼ $24,533
Loans From Officers Directors$484,594$472,636▼ $11,958
Intangible Assets$263,012$286,010▲ $22,998
Savings and Temporary Cash Investments$295,852$229,879▼ $65,973
Prepaid Expenses and Deferred Charges$148,424$159,070▲ $10,646
Accounts Receivable$53,792$68,579▲ $14,787
Total Assets$18,391,404$19,968,619▲ $1,577,215
Other Assets Total$107,138$605,352▲ $498,214
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,007,985$11,321,976▲ $1,313,991
Accounts Payable and Accrued Expenses$540,452$529,667▼ $10,785
Other Liabilities$123,640$141,247▲ $17,607
Deferred Revenue$4,093$75,549▲ $71,456
Total Liabilities$11,160,764$12,541,075▲ $1,380,311
Net Assets / Fund Balance
Unrestricted Net Assets$7,230,640$7,427,544▲ $196,904
Total Net Assets Fund Balance$7,230,640$7,427,544▲ $196,904
Total Liabilities and Net Assets / Fund Balance$18,391,404$19,968,619▲ $1,577,215

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,621,343$2,025,903$11,647,246
Land$2,730,351-$2,730,351
Equipment$475,792$1,498,150$1,973,942
Leasehold Improvements$52,181$21,088$73,269
Investment Program Related Org$157,590--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert S DiedrichPresidentFT$198,450$75,000$273,450
Michael S DiedrichTreasurerFT$91,868-$91,868

Board Members and Trustees

NameTitle
Stephen BuffaVice President
Daniel AngeliDirector
Michael JepsenDirector
Michael MulliganSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,068,870
Program Service Revenue
$1,066,395
Investment Income
$64,342
Other Revenue
$103,798
Change in Net Assets
$234,888

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$504,000Fair Market Value (FMV)-real Estate Appraisa
Total Noncash Contributions1$504,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,262,351
Revenue Not Reported on Financial Statements
$41,054
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$41,054
Total Revenue per Audited Statements
$4,262,351
Total Revenue per Form 990
$4,303,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,676,457
Salaries, Compensation, and Employee Benefits$392,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,024,333--$2,024,333
Depreciation Depletion$586,891--$586,891
Other Salaries and Wages-$365,318-$365,318
Fees for Services Management-$246,711-$246,711
Office Expenses$102,473--$102,473
Fees for Services Accounting-$67,434-$67,434
Insurance-$45,886-$45,886
Interest-$37,856-$37,856
Payroll Taxes-$26,742-$26,742
Information Technology$18,723--$18,723
Travel-$14,239-$14,239
Fees for Services Legal-$7,295-$7,295
Advertising-$4,086-$4,086
Conferences and Meetings-$3,596-$3,596
Other Expenses$146$85,185-$146
Total Functional Expenses$3,164,169$904,348$0$4,068,517

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,068,517
Total Expenses per Audited Statements$3,792,515
Expenses per Audited Statements$3,792,455
Expenses Not Reported on Financial Statements$276,062
Other Expense Adjustments$276,062
Expenses Not Reported on Form 990$60
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Neo Development LLCFamily Member of the President of the BodConstruction Company for Capital Improvement Initiatives and State Agency Duties, Construction Manager, Emergency Response, and a Certified Green Contractor.No$603,297
Nemo Multifamily Capital LLCRelated Party to BodConsulting Fee Payble to Nemo for Various Lihtc Consulting Regarding the Acquisition, Rehabilitation, and Issuance of the 8609.No$65,170

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$484,594$472,636▼ $11,958
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$140,647
Investment in Surrey Hill Limited P$257
Misc, Current Liabilities$204
Investment in Orange Village$139
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 family members
Yes
Business relationship with organization members
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Robert s. Diedrich, president and director of the corporation, and michael s. Diedrich, treasurer of the corporation, have a family relationship.”

Form 990, Part VI, Section A, Line 3

“Heritage house, is managed by preservation management, inc., a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Lynnhaven, is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Gateway village, is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php lewis village llc, is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php pinewood llc, is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php northwoods llc, is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Qnp prince court, llc is managed by community management corporation, a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php st. Andrew's homes, llc is managed by excel property management, inc., a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php walnut woods is managed by excel property management, inc., a professional property management company.”

Form 990, Part VI, Section A, Line 3

“Php fox haven is managed by excel property management, inc., a professional property management company.”

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

“The board shall appoint the officers of the corporation. The officers shall be a president, a secretary, and a treasurer. There may also be a chairperson, vice president, and such other officers as the board deems appropriate. The president shall be a voting member of the board. The same person may hold two or more offices, but such person shall not execute, acknowledge, or verify an instrument in more than one capacity if the instrument is required by law or by the president or by the board to be executed, acknowledged, or verified by two or more officers.”

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

“The board of directors at any regular or special meeting may amend or repeal these bylaws, or adopt new bylaws by vote of a majority of the directors, if notice setting forth the terms of the proposal has been given in accordance with any notice requirement for such meeting of the board.”

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

“The accounting firm sends a draft of the return to the company. The company forwards a copy of the return to each board member for their comments prior to filing.”

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

“Whenever any matter arises in which a director either has a conflict of interest or has a question about the existence of a conflict of interest, he/she shall make full disclosure of the material facts of the conflict to the corporation before the matter is discussed formally. This disclosure must be made to the full board at a properly called meeting of the board. A ruling on the conflict shall be made by a majority vote of the board and entered into the minutes of the corporation. Stated conflicts and abstentions shall be included in the minutes. Persons who have conflicts of interests as defined herein may participate in the discussion of the matter in question and may be considered in determining the presence of a quorum, but may not vote on any resolution or action of the board involving the matter in question.”

Form 990, Part VI, Section B, Line 15

“The board may elect a compensation committee of up to three (3) directors. It shall be responsible for presenting recommendations to the board relative to compensation to be provided to officers and other senior management personnel, or for approving such compensation to officers and management personnel in lieu of action by the board of directors. All members of the committee shall be subject to the conflict of interest policy as delineated in these bylaws at aricle xi. Prior to making any compensation decisions, the committee shall obtain information with respect to the comparability of the proposed compensation with amounts ordinarily paid by similar organizations for similar services. The committee shall rely on this information in making its recommendations or decisions and shall document the basis for its actions concurrently with those recommendations or decisions.”

Form 990, Part VI, Section C, Line 19

“The form 990 and all related financial and policy information are made available to the public upon written request.”

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

“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
Preservation Housing Partners
EIN
20-3708317
Phone
2489338560
Address
5184 IRON GATE, BLOOMFIELD HILLS, MI 48304

Signing Officer

Name
Robert S Diedrich
Title
President
Phone
2489338560
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Diedrich
Formed
2005
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Conversion of investment balances to tax basis -22,300.”

PART XII, LINE 2C:

“If determined by the board of directors or required by the funders of the corporation, there shall be an annual audit of the financial statements of the corporation by an independent certified public accountant approved by the board of directors. The corporation 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 and approval.”

Copy Section 168(H)(6) Election

“Copy of section 168(h)(6) election made on 2018 form 1120 for related corporation php fourteen91 lofts llc (fein 35-2609600): the taxpayer is a tax-exempt controlled entity (as defined in 168(h)(6)(f)(iii) of the internal revenue code (irc) of 1986 (as amended)). Taxpayer elects to treat any gain recognized by its tax-exempt parent on disposition of its interest in the taxpayer, as well as any dividends or interest income from the taxpayer, as unrelated business taxable income under irc 511 pursuant to irc 168(h)(5) and (6). Taxpayer elects not to be treated as a tax-exempt entity pursuant to this section.”

Copy Section 168(H)(6) Election

“Copy of section 168(h)(6) election made on 2018 form 1120 for related corporation php mission village of florence llc (fein 37-1863817): the taxpayer is a tax-exempt controlled entity (as defined in 168(h)(6)(f)(iii) of the internal revenue code (irc) of 1986 (as amended)). Taxpayer elects to treat any gain recognized by its tax-exempt parent on disposition of its interest in the taxpayer, as well as any dividends or interest income from the taxpayer, as unrelated business taxable income under irc 511 pursuant to irc 168(h)(5) and (6). Taxpayer elects not to be treated as a tax-exempt entity pursuant to this section.”

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 by the applicable tax authority.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Book/tax difference in flow-through activity 22,240. Unrealized gain 15,684. Loss on disposal 3,130.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Book/tax difference in flow-through activity 60.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Book/tax difference in depreciation expense 275,190. Book/tax difference in amortization expense 872.”

Raw XML AppendixShowing 400 of 894 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/ActivityOrMissionDesc0THE CORPORATION WAS FORMED ON OCTOBER 24, 2005 UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE CORPORATION IS TO CREATE AND PRESERVE AFFORDABLE HOUSING THROUGH THE INVESTMENT, CONSTRUCTION OR ACQUISITION AND REHABILITATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR VERY LOW, LOW, AND MODERATE INCOME TENANTS. IN ADDITION, THE CORPORATION INVESTED IN TWO AFFORDABLE HOUSING COMMUNITIES WHOSE PROPERTY ALSO QUALIFIED FOR HISTORIC REHABILITATION TAX CREDITS IN ACCORDANCE WITH SECTION 47 OF THE IRC.
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IRS990/Desc0THE CORPORATION WAS FORMED ON OCTOBER 24, 2005 UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE CORPORATION IS TO CREATE AND PRESERVE AFFORDABLE HOUSING THROUGH THE INVESTMENT, CONSTRUCTION OR ACQUISITION AND REHABILITATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR VERY LOW, LOW, AND MODERATE INCOME TENANTS. IN ADDITION, THE CORPORATION INVESTED IN TWO AFFORDABLE HOUSING COMMUNITIES WHOSE PROPERTY ALSO QUALIFIED FOR HISTORIC REHABILITATION TAX CREDITS IN ACCORDANCE WITH SECTION 47 OF THE IRC.AS OF DECEMBER 31, 2018, THE CORPORATION HAS A 100% OWNERSHIP INTEREST IN TEN ENTITIES (THE "COMPANIES") THAT OWN AND OPERATE AFFORDABLE HOUSING COMMUNITIES (THE "COMMUNITIES").-QNP GATEWAY VILLAGE LLC OWNS A 64 UNIT APARTMENT COMMUNITY LOCATED IN HILLSBOROUGH, NORTH CAROLINA OPERATING AS GATEWAY VILLAGE APARTMENTS.-PHP HERITAGE HOUSE LIMITED PARTNERSHIP OWNS AN 80 UNIT APARTMENT COMMUNITY LOCATED IN LEWISBURG, PENNSYLVANIA OPERATING AS HERITAGE HOUSE APARTMENTS.-PHP LEWIS VILLAGE LLC OWNS A 37 UNIT APARTMENT COMMUNITY LOCATED IN ELIZABETHTOWN, NORTH CAROLINA OPERATING AS LEWIS VILLAGE APARTMENTS.-QNP LYNNHAVEN LLC OWNS A 75 UNIT APARTMENT COMMUNITY LOCATED IN DURHAM, NORTH CAROLINA OPERATING AS LYNNHAVEN APARTMENTS.-PHP NORTHWOODS LLC OWNS A 50 UNIT APARTMENT COMPLEX LOCATED IN BURGAW, NORTH CAROLINA OPERATING AS NORTHWOODS APARTMENTS.-PHP PINEWOOD LLC OWNS A 60 UNIT APARTMENT COMPLEX LOCATED IN DUNN, NORTH CAROLINA OPERATING AS PINEWOOD APARTMENTS.-QNP PRINCE COURT LLC OWNS A 30 UNIT APARTMENT COMPLEX LOCATED IN PRINCEVILLE, NORTH CAROLINA OPERATING AS PRINCE COURT APARTMENTS.-PHP ST. ANDREW'S HOMES LLC OWNS A 34 UNIT APARTMENT COMPLEX LOCATED IN CHARLOTTE, NORTH CAROLINA OPERATING AS ST. ANDREW'S HOMES APARTMENTS.-PHP FOX HAVEN LLC OWNS A 48 UNIT APARTMENT COMMUNITY LOCATED IN RALEIGH, NORTH CAROLINA OPERATING AS FOX HAVEN APARTMENTS.-PHP WALNUT WOODS LLC OWNS A 36 UNIT APARTMENT COMPLEX LOCATED IN RALEIGH, NORTH CAROLINA OPERATING AS WALNUT WOODS APARTMENTS.
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT S DIEDRICH
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHEN BUFFA
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL MULLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL JEPSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIEL ANGELI
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL S DIEDRICH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0273450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt591868
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-7950
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt03068870
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04311355
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt018723
IRS990/InformationTechnologyGrp/TotalAmt018723
IRS990/InsuranceGrp/ManagementAndGeneralAmt045886
IRS990/InsuranceGrp/TotalAmt045886
IRS990/IntangibleAssetsGrp/BOYAmt0263012
IRS990/IntangibleAssetsGrp/EOYAmt0286010
IRS990/InterestGrp/ManagementAndGeneralAmt037856
IRS990/InterestGrp/TotalAmt037856
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072292
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01665797
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01866007
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03545141
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011996321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012879667
IRS990/LandBldgEquipCostOrOtherBssAmt016424808
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07950
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0484594
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0472636
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt07956
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt07956
IRS990/MissionDesc0THE CORPORATION WAS FORMED ON OCTOBER 24, 2005 UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE CORPORATION IS TO CREATE AND PRESERVE AFFORDABLE HOUSING THROUGH THE INVESTMENT, CONSTRUCTION OR ACQUISITION AND REHABILITATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR VERY LOW, LOW, AND MODERATE INCOME TENANTS. IN ADDITION, THE CORPORATION INVESTED IN TWO AFFORDABLE HOUSING COMMUNITIES WHOSE PROPERTY ALSO QUALIFIED FOR HISTORIC REHABILITATION TAX CREDITS IN ACCORDANCE WITH SECTION 47 OF THE IRC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010007985
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011321976
IRS990/NetAssetsOrFundBalancesBOYAmt07230640
IRS990/NetAssetsOrFundBalancesEOYAmt07427544
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7950
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7950
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-15684
IRS990/NoncashContributionsAmt0504000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02024333
IRS990/OccupancyGrp/TotalAmt02024333
IRS990/OfficeExpensesGrp/ProgramServicesAmt0102473
IRS990/OfficeExpensesGrp/TotalAmt0102473
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0107138
IRS990/OtherAssetsTotalGrp/EOYAmt0605352
IRS990/OtherChangesInNetAssetsAmt0-22300
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3SUPPORTIVE SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt085185
IRS990/OtherExpensesGrp/ProgramServicesAmt0390476
IRS990/OtherExpensesGrp/ProgramServicesAmt141127
IRS990/OtherExpensesGrp/ProgramServicesAmt2146
IRS990/OtherExpensesGrp/TotalAmt0390476
IRS990/OtherExpensesGrp/TotalAmt185185
IRS990/OtherExpensesGrp/TotalAmt241127
IRS990/OtherExpensesGrp/TotalAmt3146
IRS990/OtherLiabilitiesGrp/BOYAmt0123640
IRS990/OtherLiabilitiesGrp/EOYAmt0141247
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1PASS-THROUGH RENTAL RE
IRS990/OtherRevenueMiscGrp/Desc2LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt061291
IRS990/OtherRevenueMiscGrp/ExclusionAmt112311
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022240
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061291
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt122240
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212311
IRS990/OtherRevenueTotalAmt0103798
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0365318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0365318
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0899675
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0875142
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026742
IRS990/PayrollTaxesGrp/TotalAmt026742
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0148424
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0159070
IRS990/PrincipalOfficerNm0ROBERT S DIEDRICH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2SHAREHOLDER DISTRIBUTI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01021723
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt220672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01021723
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt220672
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02325667
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054945
IRS990/PYOtherExpensesAmt03314329
IRS990/PYOtherRevenueAmt081551
IRS990/PYProgramServiceRevenueAmt0700997
IRS990/PYRevenuesLessExpensesAmt0-479395
IRS990/PYSalariesCompEmpBnftPaidAmt0328226
IRS990/PYTotalExpensesAmt03642555
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03163160
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0234888
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01080661
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0295852
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0229879
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/CurrentTaxYearAmt02564870
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02325667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02350218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02394578
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02700124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012335457
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt075282
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt070813
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt051524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042384
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0312295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01066395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0700997
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0734441
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0525880
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0432821
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03460534
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt075282
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt070813
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt051524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042384
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0312295
IRS990ScheduleA/InvestmentIncomeCYPct00.01870
IRS990ScheduleA/InvestmentIncomePYPct00.01480
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt081558
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt061373
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt051926
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0349993
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt046021
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0590871
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94590
IRS990ScheduleA/PublicSupportPY509Pct00.95140
IRS990ScheduleA/PublicSupportTotal509Amt015795991
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03631265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03026664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03084659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02920458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03132945
IRS990ScheduleA/Total509Grp/TotalAmt015795991
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03785115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03163319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03207398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03321975
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03221350
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016699157
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/BookValueAmt09621343
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02025903
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011647246
IRS990ScheduleD/EquipmentGrp/BookValueAmt0475792
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01498150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01973942
IRS990ScheduleD/ExpensesNotReportedAmt060
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0276062
IRS990ScheduleD/ExpensesSubtotalAmt03792455
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0110795
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11597622
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2157590
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OTHER RESERVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt02730351
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02730351
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt052181
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021088
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt073269
IRS990ScheduleD/OtherExpensesIncludedAmt060
IRS990ScheduleD/OtherExpensesNotIncludedAmt0276062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1257
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INVESTMENT IN SURREY HILL LIMITED P
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INVESTMENT IN ORANGE VILLAGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MISC, CURRENT LIABILITIES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt041054
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt041054
IRS990ScheduleD/RevenueSubtotalAmt04262351
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 BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DIFFERENCE IN FLOW-THROUGH ACTIVITY 22,240. UNREALIZED GAIN 15,684. LOSS ON DISPOSAL 3,130.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK/TAX DIFFERENCE IN FLOW-THROUGH ACTIVITY 60.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DIFFERENCE IN DEPRECIATION EXPENSE 275,190. BOOK/TAX DIFFERENCE IN AMORTIZATION EXPENSE 872.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012879667
IRS990ScheduleD/TotalBookValueProgramRltdAmt01866007
IRS990ScheduleD/TotalExpensesPerForm990Amt04068517
IRS990ScheduleD/TotalLiabilityAmt0141247
IRS990ScheduleD/TotalRevenuePerForm990Amt04303405
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04262351
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03792515
IRS990ScheduleJ/AnyNonFixedPaymentsInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,968,619
Liabilities
$12,541,075
Net assets
$7,427,544
Revenue
$4,303,405
Expenses
$4,068,517
Net income
$234,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.0$10.4$12.6$6.21$4.03$2.18
2023Summary only. Only limited summary data is available for this year.$17.3$9.62$7.70$3.18$3.46$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$9.83$7.83$2.88$3.11$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$10.0$7.72$4.59$3.27$1.31
2020Summary only. Only limited summary data is available for this year.$19.8$12.7$7.14$3.43$3.71$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$14.7$6.57$3.08$3.82$0.74
2018Detailed filing. Detailed filing data is available for this year.$20.0$12.5$7.43$4.30$4.07$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$11.2$7.23$3.16$3.64$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$9.69$7.71$4.19$3.47$0.73
2015Detailed filing. Detailed filing data is available for this year.$17.2$10.2$6.98$3.06$3.30$0.24
2014Detailed filing. Detailed filing data is available for this year.$16.4$9.20$7.21$3.30$3.57$0.27
2013Detailed filing. Detailed filing data is available for this year.$17.0$9.55$7.49$3.40$3.40$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$9.67$7.49$5.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$8.62$7.17$2.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$3.13$7.42$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $10M-$25M nonprofits