Victory Crest Inc

990 • Fiscal year 2019 • EIN 20-8067069

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 10, 2019

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 53% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

2.55x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

-44%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

$327,519

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 75.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

-3.1%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

-0.6%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets53rd percentile

Assets

Down

$6,369,407

Down $201,223 (-3.1%) from 2018

Net Assets

Down

$5,266,295

Down $191,001 (-3.5%) from 2018

Liabilities

Down

$1,103,112

Down $10,222 (-0.9%) from 2018

Revenue And Expenses

Liabilities / Revenue90th percentile Net Margin7th percentile

Revenue

Down

$431,852

Down $2,482 (-0.6%) from 2018

Expenses

$622,853

Up $19,266 (+3.2%) from 2018

Net Income

Down

-$191,001

Down $21,748 (-13%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

Highlighted filing

2019

Assets$6,369,407

Liabilities$1,103,112

Net Assets$5,266,295

Open 2019 Filing

Operations Trend

Revenue Growth37th percentile

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

Highlighted filing

2019

Revenue$431,852

Expenses$622,853

Net Income-$191,001

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2018 to Jun 30, 2019
Signed: Oct 10, 2019
Return Version: 2018v3.1
Gross Receipts: $431,852

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$6,239,788	$6,012,726	▼ $227,062
Cash and Non-Interest-Bearing Accounts	$43,287	$41,060	▼ $2,227
Prepaid Expenses and Deferred Charges	$493	$2,761	▲ $2,268
Accounts Receivable	$1,160	$89	▼ $1,071
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	$6,570,630	$6,369,407	▼ $201,223
Other Assets Total	$285,902	$312,771	▲ $26,869
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,072,500	$1,040,000	▼ $32,500
Accounts Payable and Accrued Expenses	$12,448	$36,191	▲ $23,743
Other Liabilities	$28,022	$25,696	▼ $2,326
Deferred Revenue	$364	$1,225	▲ $861
Total Liabilities	$1,113,334	$1,103,112	▼ $10,222
Net Assets / Fund Balance
Unrestricted Net Assets	$5,457,296	$5,266,295	▼ $191,001
Total Net Assets Fund Balance	$5,457,296	$5,266,295	▼ $191,001
Total Liabilities and Net Assets / Fund Balance	$6,570,630	$6,369,407	▼ $201,223

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$4,974,852	$1,409,108	$6,383,960
Leasehold Improvements	$445,651	$610,588	$1,056,239
Land	$567,155	-	$567,155
Other Land Buildings	$19,050	$365,968	$385,018
Equipment	$6,018	$2,506	$8,524

Compensation and Service Providers

Top Officer Pay90th 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
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $431,594
Investment Income: $258
Other Revenue: $0
Change in Net Assets: $-191,001

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$572,174
Salaries, Compensation, and Employee Benefits	$50,679
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	$236,922	-	-	$236,922
All Other Expenses	$41,953	$2,160	-	$44,113
Other Salaries and Wages	$39,725	-	-	$39,725
Fees for Services Management	-	$28,843	-	$28,843
Other Expenses	$22,942	-	-	$22,942
Fees for Services Accounting	-	$10,000	-	$10,000
Office Expenses	$9,474	-	-	$9,474
Other Employee Benefits	$6,116	-	-	$6,116
Payroll Taxes	$4,838	-	-	$4,838
Travel	$318	-	-	$318
Fees for Services Legal	$82	-	-	$82
Total Functional Expenses	$581,850	$41,003	$0	$622,853

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	$2,000	$5,876,021	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$551,596	$1,094	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$44,665	$900	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$12,911	$825	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-10	$2,187	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-103	$2,187	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-22	$1,383	0.00%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$168	$1,049	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-12	$976	25%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-12	$976	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	$552	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	$24,555	$2,679,554	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$24,555	$2,679,554	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-103	$3,117	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	-	$552	Victory Hsg
Spring Flats Md LLC	Rockville, MD	Real Estate	-	-	Victory Hsg
Victory Haven LLC	Rockville, MD	Real Estate	-	-	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$25,093
Misc Current Liabilities	$603

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: 2019-10-10

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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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/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	1072500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1040000
IRS990/NetAssetsOrFundBalancesBOYAmt	0	5457296
IRS990/NetAssetsOrFundBalancesEOYAmt	0	5266295
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	9474
IRS990/OfficeExpensesGrp/TotalAmt	0	9474
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	285902
IRS990/OtherAssetsTotalGrp/EOYAmt	0	312771
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	6116
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	6116
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	133415
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	56963
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	29102
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	22942
IRS990/OtherExpensesGrp/TotalAmt	0	133415
IRS990/OtherExpensesGrp/TotalAmt	1	56963
IRS990/OtherExpensesGrp/TotalAmt	2	29102
IRS990/OtherExpensesGrp/TotalAmt	3	22942
IRS990/OtherLiabilitiesGrp/BOYAmt	0	28022
IRS990/OtherLiabilitiesGrp/EOYAmt	0	25696
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	39725
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	39725
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	4838
IRS990/PayrollTaxesGrp/TotalAmt	0	4838
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	493
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	2761
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	146009
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	281225
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	4360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	146009
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	281225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	4360
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	164
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	564848
IRS990/PYProgramServiceRevenueAmt	0	434170
IRS990/PYRevenuesLessExpensesAmt	0	-169253
IRS990/PYSalariesCompEmpBnftPaidAmt	0	38739
IRS990/PYTotalExpensesAmt	0	603587
IRS990/PYTotalRevenueAmt	0	434334
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-191001
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	258
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	130
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	150
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	427234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	428445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	423966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	428001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	426017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2133663
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	258
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	130
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	873
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00040
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	4360
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	5725
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	9713
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	7185
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	6183
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	33166
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.98430
IRS990ScheduleA/PublicSupportPY509Pct	0	0.98380
IRS990ScheduleA/PublicSupportTotal509Amt	0	2133663
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	427234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	428445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	423966
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	428001
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	426017
IRS990ScheduleA/Total509Grp/TotalAmt	0	2133663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	431852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	434334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	433809
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	435357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	432350
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2167702
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	4974852
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	1409108
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	6383960
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	6018
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	2506
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	8524
IRS990ScheduleD/LandGrp/BookValueAmt	0	567155
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	567155
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	445651
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	610588
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	1056239
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	19050
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	365968
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	385018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	25093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	6012726
IRS990ScheduleD/TotalLiabilityAmt	0	25696
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	186646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	223572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	327519
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	186646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	223572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	327519
IRS990ScheduleJ/SeverancePaymentInd	0	false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd	0	false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,369,407
Liabilities: $1,103,112
Net assets: $5,266,295
Revenue: $431,852
Expenses: $622,853
Net income: -$191,001

	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
2019Detailed filing. Detailed filing data is available for this year.	$6.37	$1.10	$5.27	$0.43	$0.62	$0.19
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