Civic Intelligence

Scarc Housing Inc.

990 • Fiscal year 2019 • EIN 20-8345039

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 23, 2019

11 US Rt 206 Suite 100Augusta, NJ 07822

(973) 383-7442

Siviq Scores

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

Liabilities / Assets

25th percentile

0.04x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

30th percentile

0.53x

Higher debt load relative to revenue than 30% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Net Margin

25th percentile

-42%

Higher net margin than 25% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

78th percentile

$231,116

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 241.8% of source-year revenue.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2019

Asset Growth

64th percentile

-2.0%

Faster asset growth than 64% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

2.6%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,206,524

Down $24,354 (-2.0%) from 2018

Net Assets

Down

$1,155,485

Down $40,535 (-3.4%) from 2018

Liabilities

Up

$51,039

Up $16,181 (+46%) from 2018

Revenue

Up

$95,576

Up $2,451 (+2.6%) from 2018

Expenses

Down

$136,111

Down $344 (-0.3%) from 2018

Net Income

Up

-$40,535

Up $2,795 (+6.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,558,705Liabilities 2010: $115,699Net Assets 2010: $1,443,0062010Assets 2011: $1,519,836Liabilities 2011: $32,689Net Assets 2011: $1,487,1472011Assets 2012: $1,499,280Liabilities 2012: $12,761Net Assets 2012: $1,486,5192012Assets 2013: $1,505,459Liabilities 2013: $16,787Net Assets 2013: $1,488,6722013Assets 2014: $1,490,011Liabilities 2014: $15,245Net Assets 2014: $1,474,7662014Assets 2015: $1,460,274Liabilities 2015: $23,006Net Assets 2015: $1,437,2682015Assets 2016: $1,433,290Liabilities 2016: $43,464Net Assets 2016: $1,389,8262016Assets 2017: $1,273,411Liabilities 2017: $34,061Net Assets 2017: $1,239,3502017Assets 2018: $1,230,878Liabilities 2018: $34,858Net Assets 2018: $1,196,0202018Assets 2019: $1,206,524Liabilities 2019: $51,039Net Assets 2019: $1,155,4852019Assets 2020: $1,163,944Liabilities 2020: $1,774,221Net Assets 2020: -$610,2772020Assets 2021: $1,121,789Liabilities 2021: $1,787,554Net Assets 2021: -$665,7652021Assets 2022: $1,093,605Liabilities 2022: $1,802,176Net Assets 2022: -$708,5712022Assets 2023: $1,064,101Liabilities 2023: $1,758,680Net Assets 2023: -$694,5792023Assets 2024: $1,041,488Liabilities 2024: $1,755,337Net Assets 2024: -$713,8492024Assets 2025: $1,008,233Liabilities 2025: $1,751,007Net Assets 2025: -$742,7742025

Highlighted filing

2019

Assets$1,206,524
Liabilities$51,039
Net Assets$1,155,485

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $86,0522010Expenses 2011: $93,2642011Expenses 2012: $81,8192012Expenses 2013: $88,0632013Revenue 2014: $80,058Expenses 2014: $93,964Net Income 2014: -$13,9062014Revenue 2015: $80,328Expenses 2015: $117,826Net Income 2015: -$37,4982015Revenue 2016: $80,330Expenses 2016: $127,772Net Income 2016: -$47,4422016Revenue 2017: $79,644Expenses 2017: $230,120Net Income 2017: -$150,4762017Revenue 2018: $93,125Expenses 2018: $136,455Net Income 2018: -$43,3302018Revenue 2019: $95,576Expenses 2019: $136,111Net Income 2019: -$40,5352019Revenue 2020: $112,222Expenses 2020: $149,390Net Income 2020: -$37,1682020Revenue 2021: $104,628Expenses 2021: $160,116Net Income 2021: -$55,4882021Revenue 2022: $128,543Expenses 2022: $171,349Net Income 2022: -$42,8062022Revenue 2023: $211,094Expenses 2023: $197,102Net Income 2023: $13,9922023Revenue 2024: $140,089Expenses 2024: $159,359Net Income 2024: -$19,2702024Revenue 2025: $133,476Expenses 2025: $162,401Net Income 2025: -$28,9252025

Highlighted filing

2019

Revenue$95,576
Expenses$136,111
Net Income-$40,535
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 23, 2019
Return Version
2018v3.1
Gross Receipts
$95,576
Mission and Program Overview

Mission

Scarc housing, a non-profit corporation, is dedicated to the housing support of individuals with intellectual and developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,166,368$1,155,583▼ $10,785
Cash and Non-Interest-Bearing Accounts$8,446$23,030▲ $14,584
Prepaid Expenses and Deferred Charges$402$297▼ $105
Total Assets$1,230,878$1,206,524▼ $24,354
Other Assets Total$55,662$27,614▼ $28,048
Liabilities
Other Liabilities$17,047$34,598▲ $17,551
Accounts Payable and Accrued Expenses$17,811$16,441▼ $1,370
Total Liabilities$34,858$51,039▲ $16,181
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,158,919$1,117,277▼ $41,642
Unrestricted Net Assets$37,101$38,208▲ $1,107
Total Net Assets Fund Balance$1,196,020$1,155,485▼ $40,535
Total Liabilities and Net Assets / Fund Balance$1,230,878$1,206,524▼ $24,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$884,730$394,889$1,279,619
Land$270,000-$270,000
Equipment$853$16,215$17,068
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andy SharickPresident
Megan Macmullin EsqVice President
David WeedTrustee
Michael TiltonTrustee
Richard OlsenTrustee
Dr Richard LecherSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,728
Program Service Revenue
$42,832
Investment Income
$16
Other Revenue
$0
Change in Net Assets
$-40,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$95,576
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$95,576
Total Revenue per Form 990
$95,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$43,831--$43,831
Other Expenses$29,779--$29,779
Fees for Services Accounting-$20,550-$20,550
Occupancy$17,694--$17,694
Insurance$10,632--$10,632
Fees for Services Other-$10,143-$10,143
Office Expenses-$3,482-$3,482
Total Functional Expenses$101,936$34,175$0$136,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$136,111
Total Expenses per Audited Statements$136,111
Total Expenses per Form 990$136,111
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Scarc, Inc.$34,598
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
No
Business relationship with organization members
No
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
No
Management duties delegated
No

Governance Explanations

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

Scarc housing, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed until the return is finalized and approved for filing.

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

Scarc housing, inc. Currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, governing body and management will investigate the issue. If a conflict of interest is determined to exist management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.

Form 990, Part VI, Section B, Line 15

Scarc housing, inc. Does not compensate officers, directors, or trustees. Scarc housing, inc. Does not have employees. The compensation of related organization's officers or key employees is reviewed and approved by the related board of trustees an independent body.

Form 990, Part VI, Section C, Line 19

Scarc housing, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the organization's office at 11 us route 206 suite 100 augusta, nj 07822. In addition form 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the organizations office at 11 us route 206 suite 100 augusta, nj 07822.

Filing and Contact Details

Filer

Filer Name
Scarc Housing Inc
EIN
20-8345039
Phone
9733837442
Address
11 US RT 206 SUITE 100, AUGUSTA, NJ 07822

Signing Officer

Name
Dr Richard Lecher
Title
CEO
Phone
9733837442
Signed
2019-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Richard Lecher
Formed
2006
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
5

Preparer

Firm
Nisivoccia Llp
Address
200 VALLEY RD SUITE 300, MT ARLINGTON, NJ 07856
Preparer
Chris Perrotta CPA
Phone
9733281825
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

No change from the prior year.

Financial Statement Notes

PART X, LINE 2:

Scarc housing, inc is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. The project is also exempt under title 15 of the state of new jersey corporations and associations not-for-profit act. Accordingly, no provision for federal or state income tax has been presented in the accompanying financial statements. The organization follows the provisions of fasb accounting standards codification, income taxes. The standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition related to those tax positions. The organization does not expect a significant increase or decrease to the total amounts of unrecognized tax positions during the fiscal year ended june 30, 2019. However, the project is subject to audit by tax authorities, including a review of its nonprofit status which management believes would be upheld upon examination. The project believes that it has appropriate support for the positions taken on its tax returns. Nonetheless, the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ materially from the amounts accrued for each year. As required by law, the organization files informational returns with both the federal and new jersey state governments on an annual basis - form 990 with the internal revenue service, and form cri-300r with the state. The federal return is subject to examination by the authorities within certain statutory periods from the latest filing date.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt039840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt040924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044374
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0228526
IRS990ScheduleA/TotalSupportAmt0228681
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0884730
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0394889
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01279619
IRS990ScheduleD/EquipmentGrp/BookValueAmt0853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016215
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017068
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0136111
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0270000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0270000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SCARC, INC.
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt095576
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCARC HOUSING, INC IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE PROJECT IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION RELATED TO THOSE TAX POSITIONS. THE ORGANIZATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2019. HOWEVER, THE PROJECT IS SUBJECT TO AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE PROJECT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THE FEDERAL RETURN IS SUBJECT TO EXAMINATION BY THE AUTHORITIES WITHIN CERTAIN STATUTORY PERIODS FROM THE LATEST FILING DATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01155583
IRS990ScheduleD/TotalExpensesPerForm990Amt0136111
IRS990ScheduleD/TotalLiabilityAmt034598
IRS990ScheduleD/TotalRevenuePerForm990Amt095576
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt095576
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0136111
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0198379
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt017419
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015318
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR RICHARD LECHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0231116
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0SCARC HOUSING, INC. DOES NOT COMPENSATE OFFICERS, DIRECTORS, OR TRUSTEES. SCARC HOUSING, INC. DOES NOT HAVE EMPLOYEES. THE COMPENSATION OF RELATED ORGANIZATION'S OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE RELATED BOARD OF TRUSTEES AN INDEPENDENT BODY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCARC HOUSING, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCARC HOUSING, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCARC HOUSING, INC. DOES NOT COMPENSATE OFFICERS, DIRECTORS, OR TRUSTEES. SCARC HOUSING, INC. DOES NOT HAVE EMPLOYEES. THE COMPENSATION OF RELATED ORGANIZATION'S OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE RELATED BOARD OF TRUSTEES AN INDEPENDENT BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCARC HOUSING, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE AT 11 US ROUTE 206 SUITE 100 AUGUSTA, NJ 07822. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 11 US ROUTE 206 SUITE 100 AUGUSTA, NJ 07822.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SCARC INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SCARC FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0221775304
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222585052
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NON-PROFIT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1NON-PROFIT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011 US ROUTE 206 SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt111 US ROUTE 206 SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUGUSTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AUGUSTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007822
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd107822
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt062976
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SCARC INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01158919
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01117277
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01230878
IRS990/TotalAssetsEOYAmt01206524
IRS990/TotalAssetsGrp/BOYAmt01230878
IRS990/TotalAssetsGrp/EOYAmt01206524
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt052728
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101936
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136111
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034858
IRS990/TotalLiabilitiesEOYAmt051039
IRS990/TotalLiabilitiesGrp/BOYAmt034858
IRS990/TotalLiabilitiesGrp/EOYAmt051039
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01196020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01155485
IRS990/TotalOtherCompensationAmt032737
IRS990/TotalProgramServiceExpensesAmt0101936
IRS990/TotalProgramServiceRevenueAmt042832
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt016
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042832
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095576
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01230878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01206524
IRS990/TotReportableCompRltdOrgAmt0198379
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt037101
IRS990/UnrestrictedNetAssetsGrp/EOYAmt038208
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011 US RT 206 SUITE 100
IRS990/USAddress/CityNm0AUGUSTA
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007822

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.01$1.75$0.74$0.13$0.16$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.04$1.76$0.71$0.14$0.16$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.06$1.76$0.69$0.21$0.20$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.09$1.80$0.71$0.13$0.17$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$1.79$0.67$0.10$0.16$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.16$1.77$0.61$0.11$0.15$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.05$1.16$0.10$0.14$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.03$1.20$0.09$0.14$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.03$1.24$0.08$0.23$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.43$0.04$1.39$0.08$0.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.44$0.08$0.12$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.49$0.02$1.47$0.08$0.09$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.02$1.49$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.01$1.49$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.03$1.49$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.12$1.44$0.09