Civic Intelligence

Lutheran Housing Incorporated Luther Arms

990 • Fiscal year 2016 • EIN 22-2218647

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 06, 2017

Organization ProfileN/A
323 South Broad StreetTrenton, NJ 08608

(609) 392-5628

Siviq Scores

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

Liabilities / Assets

75th percentile

0.51x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.94x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

23rd percentile

-7.0%

Higher net margin than 23% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

7th percentile

-13%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

4.7%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$5,612,419

Down $853,916 (-13%) from 2015

Net Assets

Down

$2,755,503

Down $213,015 (-7.2%) from 2015

Liabilities

Down

$2,856,916

Down $640,901 (-18%) from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin23rd percentile

Revenue

Up

$3,049,117

Up $137,607 (+4.7%) from 2015

Expenses

Up

$3,262,132

Up $524,781 (+19%) from 2015

Net Income

Down

-$213,015

Down $387,174 (-222%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$10M$5.0M$0Assets 2010: $3,588,066Liabilities 2010: $3,008,272Net Assets 2010: $579,7942010Assets 2011: $3,903,037Liabilities 2011: $2,729,523Net Assets 2011: $1,173,5142011Assets 2012: $4,374,241Liabilities 2012: $2,536,985Net Assets 2012: $1,837,2562012Assets 2013: $4,856,550Liabilities 2013: $2,504,287Net Assets 2013: $2,352,2632013Assets 2014: $6,287,000Liabilities 2014: $3,492,641Net Assets 2014: $2,794,3592014Assets 2015: $6,466,335Liabilities 2015: $3,497,817Net Assets 2015: $2,968,5182015Assets 2016: $5,612,419Liabilities 2016: $2,856,916Net Assets 2016: $2,755,5032016Assets 2017: $5,526,209Liabilities 2017: $2,858,218Net Assets 2017: $2,667,9912017Assets 2018: $5,808,444Liabilities 2018: $2,744,186Net Assets 2018: $3,064,2582018Assets 2019: $6,308,288Liabilities 2019: $2,661,800Net Assets 2019: $3,646,4882019Assets 2020: $7,113,723Liabilities 2020: $2,837,810Net Assets 2020: $4,275,9132020Assets 2021: $7,552,554Liabilities 2021: $2,589,031Net Assets 2021: $4,963,5232021Assets 2022: $8,257,235Liabilities 2022: $2,642,810Net Assets 2022: $5,614,4252022Assets 2023: $9,088,802Liabilities 2023: $2,562,998Net Assets 2023: $6,525,8042023Assets 2024: $9,943,645Liabilities 2024: $2,622,954Net Assets 2024: $7,320,6912024

Highlighted filing

2016

Assets$5,612,419
Liabilities$2,856,916
Net Assets$2,755,503
Open 2016 Filing

Operations Trend

Revenue Growth56th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,332,6032010Revenue 2011: $2,892,388Expenses 2011: $2,298,668Net Income 2011: $593,7202011Revenue 2012: $2,895,970Expenses 2012: $2,232,228Net Income 2012: $663,7422012Revenue 2013: $2,945,098Expenses 2013: $2,430,091Net Income 2013: $515,0072013Revenue 2014: $2,954,314Expenses 2014: $2,512,218Net Income 2014: $442,0962014Revenue 2015: $2,911,510Expenses 2015: $2,737,351Net Income 2015: $174,1592015Revenue 2016: $3,049,117Expenses 2016: $3,262,132Net Income 2016: -$213,0152016Revenue 2017: $3,052,433Expenses 2017: $3,139,945Net Income 2017: -$87,5122017Revenue 2018: $3,133,366Expenses 2018: $2,737,099Net Income 2018: $396,2672018Revenue 2019: $3,234,881Expenses 2019: $2,652,651Net Income 2019: $582,2302019Revenue 2020: $3,184,731Expenses 2020: $2,555,306Net Income 2020: $629,4252020Revenue 2021: $3,344,139Expenses 2021: $2,656,529Net Income 2021: $687,6102021Revenue 2022: $3,283,485Expenses 2022: $2,632,583Net Income 2022: $650,9022022Revenue 2023: $3,583,587Expenses 2023: $2,672,208Net Income 2023: $911,3792023Revenue 2024: $3,920,532Expenses 2024: $3,125,645Net Income 2024: $794,8872024

Highlighted filing

2016

Revenue$3,049,117
Expenses$3,262,132
Net Income-$213,015
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 6, 2017
Return Version
2016v3.0
Gross Receipts
$3,049,117
Mission and Program Overview

Mission

Low-income housing for senior citizens and handicapped persons under section 8 of the national housing act

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,607,167$3,357,987▼ $249,180
Savings and Temporary Cash Investments$70,543$197,633▲ $127,090
Prepaid Expenses and Deferred Charges$40,690$66,030▲ $25,340
Cash and Non-Interest-Bearing Accounts$132,306$19,261▼ $113,045
Accounts Receivable$13,514$2,276▼ $11,238
Total Assets$6,466,335$5,612,419▼ $853,916
Other Assets Total$2,602,115$1,969,232▼ $632,883
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,267,325$2,607,041▼ $660,284
Accounts Payable and Accrued Expenses$187,221$197,467▲ $10,246
Other Liabilities$38,177$39,428▲ $1,251
Deferred Revenue$5,094$12,980▲ $7,886
Total Liabilities$3,497,817$2,856,916▼ $640,901
Net Assets / Fund Balance
Unrestricted Net Assets$2,968,518$2,755,503▼ $213,015
Total Net Assets Fund Balance$2,968,518$2,755,503▼ $213,015
Total Liabilities and Net Assets / Fund Balance$6,466,335$5,612,419▼ $853,916

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$529,216$4,918,088$5,447,304
Leasehold Improvements$2,496,467$1,292,838$3,789,305
Equipment$139,560$262,206$401,766
Land$147,910-$147,910
Other Land Buildings$44,834$30,464$75,298
Other Assets Org$41,980--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Lawrence CorrinPresident
Dennis Mc KithenVice President
Albert CowellTrustee
David SmithTrustee
Dick SwordTrustee
Rosie JacksonTrustee
Tom NathAssistant Secretary
Bruce BaumgartenSecretary
Jonathan MuellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,414
Program Service Revenue
$2,958,117
Investment Income
$3,586
Other Revenue
$0
Change in Net Assets
$-213,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,049,117
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,049,117
Total Revenue per Form 990
$3,049,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,830,493
Salaries, Compensation, and Employee Benefits$431,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$407,824--$407,824
All Other Expenses$299,575$39,388-$338,963
Other Salaries and Wages$195,434$118,314-$313,748
Other Expenses$159,337--$159,337
Interest$141,238--$141,238
Insurance$133,516--$133,516
Fees for Services Management-$114,768-$114,768
Other Employee Benefits$43,039$26,056-$69,095
Payroll Taxes$30,395$18,401-$48,796
Office Expenses-$42,482-$42,482
Advertising-$40,999-$40,999
Fees for Services Accounting-$13,900-$13,900
Conferences and Meetings-$12,602-$12,602
Fees for Services Other-$9,000-$9,000
Fees for Services Legal-$3,720-$3,720
Total Functional Expenses$2,822,502$439,630$0$3,262,132

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per 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
Tenant Security Deposits$39,428
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“Form 990 is completed and presented to the organization's governing body for review and approval before it is filed”

Form 990, Part VI, Section C, line 18

“A request must be made, in writing, to the management company to inspect the tax returns. Form 990 is also available on www.guidestar.org”

Form 990, Part VI, Section C, line 19

“A request must be made, in writing, to the management company to inspect public documents”

Filing and Contact Details

Filer

Filer Name
Lutheran Housing Inc
EIN
22-2218647
Phone
6093925628
Address
323 South Broad Street, Trenton, NJ 08608
Doing Business As
Luther Arms

Signing Officer

Name
Lawrence Corrin
Title
President
Phone
6094900432
Signed
2017-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Corrin
Formed
1977
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
27
Volunteers
0

Preparer

Firm
Capaldi Reynolds & Pelosi PA
Address
332 Tilton Road, Northfield, NJ 08225
Preparer
Larry Horowitz
Phone
6096414000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

“REPAIRS AND MAINTENANCE: Program service expenses 135634. Management and general expenses 0. Fundraising expenses 0. Total expenses 135634. SUPPLIES: Program service expenses 100923. Management and general expenses 0. Fundraising expenses 0. Total expenses 100923. SOCIAL SERVICE EXPENSE: Program service expenses 55714. Management and general expenses 0. Fundraising expenses 0. Total expenses 55714. ADMIN RENT-FREE UNIT: Program service expenses 0. Management and general expenses 19122. Fundraising expenses 0. Total expenses 19122. MISCELLANEOUS ADMIN: Program service expenses 0. Management and general expenses 14294. Fundraising expenses 0. Total expenses 14294. MISC TAXES, LICENSES & PERMITS: Program service expenses 7304. Management and general expenses 0. Fundraising expenses 0. Total expenses 7304. TENANT CONCESSIONS BAD DEBT: Program service expenses 0. Management and general expenses 5972. Fundraising expenses 0. Total expenses 5972.”

Form 990, Part XII, Line 2C

“There has been no change from the prior year”

Financial Statement Notes

Part X, Line 2:

“Management has evaluated uncertain tax positions taken by the Organization. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service or other taxing authority. The Organization has recognized no interest or penalties related to uncertain tax positions. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2014.”

Raw XML AppendixShowing 400 of 476 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/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt0791970
IRS990/OtherExpensesGrp/ProgramServicesAmt1329846
IRS990/OtherExpensesGrp/ProgramServicesAmt2290328
IRS990/OtherExpensesGrp/ProgramServicesAmt3159337
IRS990/OtherExpensesGrp/TotalAmt0791970
IRS990/OtherExpensesGrp/TotalAmt1329846
IRS990/OtherExpensesGrp/TotalAmt2290328
IRS990/OtherExpensesGrp/TotalAmt3159337
IRS990/OtherLiabilitiesGrp/BOYAmt038177
IRS990/OtherLiabilitiesGrp/EOYAmt039428
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0118314
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0195434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0313748
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018401
IRS990/PayrollTaxesGrp/ProgramServicesAmt030395
IRS990/PayrollTaxesGrp/TotalAmt048796
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040690
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt066030
IRS990/PrincipalOfficerNm0LAWRENCE CORRIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTALS
IRS990/ProgramServiceRevenueGrp/Desc1INSURANCE PROCEEDS FIR
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02892656
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt129178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229147
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37136
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02892656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229147
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37136
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013863
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02397
IRS990/PYOtherExpensesAmt02131806
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02895250
IRS990/PYRevenuesLessExpensesAmt0174159
IRS990/PYSalariesCompEmpBnftPaidAmt0605545
IRS990/PYTotalExpensesAmt02737351
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02911510
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-213015
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02958117
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0197633
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt046857
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt056201
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt055293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0259628
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03586
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02397
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04752
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03867
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03811
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt018413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02958117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02895250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02902705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02899791
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02846690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014502553
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04752
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03867
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03811
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt018413
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00140
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99860
IRS990ScheduleA/PublicSupportTotal509Amt014762181
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03045531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02909113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02949562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02955992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02901983
IRS990ScheduleA/Total509Grp/TotalAmt014762181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03049117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02911510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02954314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02959859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02905794
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014780594
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/BookValueAmt0529216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04918088
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05447304
IRS990ScheduleD/EquipmentGrp/BookValueAmt0139560
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0262206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0401766
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0147910
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0147910
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02496467
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01292838
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03789305
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01927252
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt141980
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044834
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030464
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt075298
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03049117
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated uncertain tax positions taken by the Organization. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service or other taxing authority. The Organization has recognized no interest or penalties related to uncertain tax positions. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03357987
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01969232
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt039428
IRS990ScheduleD/TotalRevenuePerForm990Amt03049117
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03049117
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS COMPLETED AND PRESENTED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A REQUEST MUST BE MADE, IN WRITING, TO THE MANAGEMENT COMPANY TO INSPECT THE TAX RETURNS. FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REQUEST MUST BE MADE, IN WRITING, TO THE MANAGEMENT COMPANY TO INSPECT PUBLIC DOCUMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REPAIRS AND MAINTENANCE: Program service expenses 135634. Management and general expenses 0. Fundraising expenses 0. Total expenses 135634. SUPPLIES: Program service expenses 100923. Management and general expenses 0. Fundraising expenses 0. Total expenses 100923. SOCIAL SERVICE EXPENSE: Program service expenses 55714. Management and general expenses 0. Fundraising expenses 0. Total expenses 55714. ADMIN RENT-FREE UNIT: Program service expenses 0. Management and general expenses 19122. Fundraising expenses 0. Total expenses 19122. MISCELLANEOUS ADMIN: Program service expenses 0. Management and general expenses 14294. Fundraising expenses 0. Total expenses 14294. MISC TAXES, LICENSES & PERMITS: Program service expenses 7304. Management and general expenses 0. Fundraising expenses 0. Total expenses 7304. TENANT CONCESSIONS BAD DEBT: Program service expenses 0. Management and general expenses 5972. Fundraising expenses 0. Total expenses 5972.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06466335
IRS990/TotalAssetsEOYAmt05612419

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,612,419
Liabilities
$2,856,916
Net assets
$2,755,503
Revenue
$3,049,117
Expenses
$3,262,132
Net income
-$213,015
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.94$2.62$7.32$3.92$3.13$0.79
2023Detailed filing. Detailed filing data is available for this year.$9.09$2.56$6.53$3.58$2.67$0.91
2022Detailed filing. Detailed filing data is available for this year.$8.26$2.64$5.61$3.28$2.63$0.65
2021Detailed filing. Detailed filing data is available for this year.$7.55$2.59$4.96$3.34$2.66$0.69
2020Detailed filing. Detailed filing data is available for this year.$7.11$2.84$4.28$3.18$2.56$0.63
2019Detailed filing. Detailed filing data is available for this year.$6.31$2.66$3.65$3.23$2.65$0.58
2018Detailed filing. Detailed filing data is available for this year.$5.81$2.74$3.06$3.13$2.74$0.40
2017Detailed filing. Detailed filing data is available for this year.$5.53$2.86$2.67$3.05$3.14$0.09
2016Detailed filing. Detailed filing data is available for this year.$5.61$2.86$2.76$3.05$3.26$0.21
2015Detailed filing. Detailed filing data is available for this year.$6.47$3.50$2.97$2.91$2.74$0.17
2014Detailed filing. Detailed filing data is available for this year.$6.29$3.49$2.79$2.95$2.51$0.44
2013Detailed filing. Detailed filing data is available for this year.$4.86$2.50$2.35$2.95$2.43$0.52
2012Summary only. Only limited summary data is available for this year.$4.37$2.54$1.84$2.90$2.23$0.66
2011Summary only. Only limited summary data is available for this year.$3.90$2.73$1.17$2.89$2.30$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$3.01$0.58$2.33
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