Victory Crest Inc

990 • Fiscal year 2018 • EIN 20-8067069

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 12, 2018

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

0.17x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

2.56x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

-39%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

$235,976

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 54.3% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

-4.1%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

0.1%

Faster revenue growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets51st percentile

Assets

Flat

$6,570,630

Flat from 2018

Net Assets

Flat

$5,457,296

Flat from 2018

Liabilities

Flat

$1,113,334

Flat from 2018

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin7th percentile

Revenue

Flat

$434,334

Flat from 2018

Expenses

Flat

$603,587

Flat from 2018

Net Income

Flat

-$169,253

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

Highlighted filing

2018

Assets$6,570,630

Liabilities$1,113,334

Net Assets$5,457,296

Open 2018 Filing

Operations Trend

Revenue Growth38th percentile

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

Highlighted filing

2018

Revenue$434,334

Expenses$603,587

Net Income-$169,253

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2017 to Jun 30, 2018
Signed: Oct 12, 2018
Return Version: 2017v2.2
Gross Receipts: $434,334

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$6,474,698	$6,239,788	▼ $234,910
Cash and Non-Interest-Bearing Accounts	$57,899	$43,287	▼ $14,612
Accounts Receivable	$826	$1,160	▲ $334
Prepaid Expenses and Deferred Charges	$425	$493	▲ $68
Savings and Temporary Cash Investments	-	$0	-
Other Notes and Loans Receivable, Net	-	$0	-
Pledges and Grants Receivable	-	$0	-
Receivable From Disqualified Prsn	-	$0	-
Receivables From Officers Etc	-	$0	-
Investments Other Securities	-	$0	-
Investments Program Related	-	$0	-
Investments in Publicly Traded Securities	-	$0	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$6,849,356	$6,570,630	▼ $278,726
Other Assets Total	$315,508	$285,902	▼ $29,606
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,105,000	$1,072,500	▼ $32,500
Other Liabilities	$108,780	$28,022	▼ $80,758
Accounts Payable and Accrued Expenses	$8,816	$12,448	▲ $3,632
Deferred Revenue	$211	$364	▲ $153
Total Liabilities	$1,222,807	$1,113,334	▼ $109,473
Net Assets / Fund Balance
Unrestricted Net Assets	$5,626,549	$5,457,296	▼ $169,253
Total Net Assets Fund Balance	$5,626,549	$5,457,296	▼ $169,253
Total Liabilities and Net Assets / Fund Balance	$6,849,356	$6,570,630	▼ $278,726

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$5,151,702	$1,253,710	$6,405,412
Leasehold Improvements	$516,068	$540,171	$1,056,239
Land	$572,018	-	$572,018
Other Land Buildings	-	$365,968	$365,968
Equipment	-	$2,404	$2,404

Compensation and Service Providers

Top Officer Pay82nd percentile

Board Members and Trustees

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

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $434,170
Investment Income: $164
Other Revenue: $0
Change in Net Assets: $-169,253

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$564,848
Salaries, Compensation, and Employee Benefits	$38,739
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$236,561	-	-	$236,561
Fees for Services Management	-	$29,117	-	$29,117
Other Salaries and Wages	$28,624	-	-	$28,624
Office Expenses	$25,240	-	-	$25,240
Other Expenses	$22,502	-	-	$22,502
All Other Expenses	$20,244	$2,160	-	$22,404
Fees for Services Accounting	-	$9,800	-	$9,800
Other Employee Benefits	$5,719	-	-	$5,719
Payroll Taxes	$4,396	-	-	$4,396
Advertising	$1,457	-	-	$1,457
Travel	$916	-	-	$916
Fees for Services Legal	$327	-	-	$327
Total Functional Expenses	$562,510	$41,077	$0	$603,587

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Victory Terrace Lp	Rockville, MD	Real Estate	$59,805	$6,192,446	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$72,084	$1,120	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$34,338	$934	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$21,804	$850	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	$3,218	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-115	$1,498	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-32	$1,433	0.00%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$12	$1,011	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-32	$998	25%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-32	$998	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Haven Lp	Rockville, MD	Real Estate	-	-	-	No

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-115	$3,218	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	-	-	Victory Hsg
Victory Haven LLC	Rockville, MD	Real Estate	-	-	-

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$25,254
Misc Current Liabilities	$2,168
Misc. Long-term Liabilities	$600

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: No
Backup withholding compliance: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: 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: No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft of form 990 is provided to board members for review and approval prior to filing.”

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

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Victory Crest Inc
EIN: 20-8067069
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: Leila a Finucane
Title: President & CEO
Signed: 2018-10-12

Organization Details

Principal Officer: Leila a Finucane
Formed: 2006
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

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IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	2162253
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	6474698
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	6239788
IRS990/LandBldgEquipCostOrOtherBssAmt	0	8402041
IRS990/LegalDomicileStateCd	0	MD
IRS990/LicensedMoreThanOneStateInd	0	false
IRS990/LoanOutstandingInd	0	false
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	false
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1105000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1072500
IRS990/NetAssetsOrFundBalancesBOYAmt	0	5626549
IRS990/NetAssetsOrFundBalancesEOYAmt	0	5457296
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	25240
IRS990/OfficeExpensesGrp/TotalAmt	0	25240
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	315508
IRS990/OtherAssetsTotalGrp/EOYAmt	0	285902
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	5719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	5719
IRS990/OtherExpensesGrp/Desc	0	REPAIRS / MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	HAZARD INSURANCE
IRS990/OtherExpensesGrp/Desc	3	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	129863
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	57559
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	29102
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	22502
IRS990/OtherExpensesGrp/TotalAmt	0	129863
IRS990/OtherExpensesGrp/TotalAmt	1	57559
IRS990/OtherExpensesGrp/TotalAmt	2	29102
IRS990/OtherExpensesGrp/TotalAmt	3	22502
IRS990/OtherLiabilitiesGrp/BOYAmt	0	108780
IRS990/OtherLiabilitiesGrp/EOYAmt	0	28022
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	28624
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	28624
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	4396
IRS990/PayrollTaxesGrp/TotalAmt	0	4396
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	425
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	493
IRS990/PrincipalOfficerNm	0	LEILA A FINUCANE
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	145420
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	283025
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	5725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	145420
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	283025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	5725
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	130
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	557030
IRS990/PYProgramServiceRevenueAmt	0	433679
IRS990/PYRevenuesLessExpensesAmt	0	-173363
IRS990/PYSalariesCompEmpBnftPaidAmt	0	50142
IRS990/PYTotalExpensesAmt	0	607172
IRS990/PYTotalRevenueAmt	0	433809
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-169253
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	130
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	150
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	107
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	428445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	423966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	428001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	426017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	426844
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2133273
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	130
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	722
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00030
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	5725
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	9713
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	7185
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	6183
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	5516
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	34322
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.98380
IRS990ScheduleA/PublicSupportPY509Pct	0	0.98370
IRS990ScheduleA/PublicSupportTotal509Amt	0	2133273
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	428445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	423966
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	428001
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	426017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	426844
IRS990ScheduleA/Total509Grp/TotalAmt	0	2133273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	434334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	433809
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	435357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	432350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	432467
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2168317
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	5151702
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	1253710
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	6405412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	2404
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	2404
IRS990ScheduleD/LandGrp/BookValueAmt	0	572018
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	572018
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	516068
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	540171
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	1056239
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	365968
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	365968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	2168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	25254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	6239788
IRS990ScheduleD/TotalLiabilityAmt	0	28022
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	221900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	235976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	LEILA A FINUCANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	221900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	235976

Document Assets

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Filings

Displayed year

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

Open filing

Assets: $6,570,630
Liabilities: $1,113,334
Net assets: $5,457,296
Revenue: $434,334
Expenses: $603,587
Net income: -$169,253

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.33	$0.99	$4.33	$0.54	$0.71	$0.17
2023Summary only. Only limited summary data is available for this year.	$5.56	$1.00	$4.56	$0.49	$0.67	$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.79	$1.05	$4.74	$0.47	$0.64	$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.97	$1.06	$4.91	$0.45	$0.62	$0.17
2020Summary only. Only limited summary data is available for this year.	$6.14	$1.06	$5.08	$0.44	$0.63	$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.37	$1.10	$5.27	$0.43	$0.62	$0.19
2018Detailed filing. Detailed filing data is available for this year.	$6.57	$1.11	$5.46	$0.43	$0.60	$0.17
2018Summary only. Only limited summary data is available for this year.	$6.57	$1.11	$5.46	$0.43	$0.60	$0.17
2017Summary only. Only limited summary data is available for this year.	$6.85	$1.22	$5.63	$0.43	$0.61	$0.17
2016Detailed filing. Detailed filing data is available for this year.	$7.10	$1.30	$5.80	$0.44	$0.65	$0.21
2015Detailed filing. Detailed filing data is available for this year.	$7.36	$1.35	$6.01	$0.43	$0.79	$0.36
2014Detailed filing. Detailed filing data is available for this year.	$7.63	$1.25	$6.37	$0.43	$0.63	$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$7.86	$1.29	$6.57		$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$8.09	$1.33	$6.76		$0.64
2011Summary only. Only limited summary data is available for this year.	$8.31	$1.56	$6.75	$1.05	$0.49	$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$7.93	$2.47	$5.46		$0.01