Civic Intelligence

Lutheran Housing Incorporated Luther Arms

990 • Fiscal year 2020 • EIN 22-2218647

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

Organization ProfileWWW.LUTHERARMS.COM
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

70th percentile

0.40x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.89x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

64th percentile

13%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-1.6%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$7,113,723

Up $805,435 (+13%) from 2019

Net Assets

Up

$4,275,913

Up $629,425 (+17%) from 2019

Liabilities

Up

$2,837,810

Up $176,010 (+6.6%) from 2019

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin75th percentile

Revenue

Down

$3,184,731

Down $50,150 (-1.6%) from 2019

Expenses

Down

$2,555,306

Down $97,345 (-3.7%) from 2019

Net Income

Up

$629,425

Up $47,195 (+8.1%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2020

Assets$7,113,723
Liabilities$2,837,810
Net Assets$4,275,913
Open 2020 Filing

Operations Trend

Revenue Growth41st 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

2020

Revenue$3,184,731
Expenses$2,555,306
Net Income$629,425
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$3,203,820
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$2,867,222$3,576,916▲ $709,694
Cash and Non-Interest-Bearing Accounts$36,061$240,945▲ $204,884
Savings and Temporary Cash Investments$360,596$201,633▼ $158,963
Prepaid Expenses and Deferred Charges$55,919$51,083▼ $4,836
Accounts Receivable$7,793$12,504▲ $4,711
Total Assets$6,308,288$7,113,723▲ $805,435
Other Assets Total$2,980,697$3,030,642▲ $49,945
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,489,501$2,451,474▼ $38,027
Accounts Payable and Accrued Expenses$122,954$333,308▲ $210,354
Other Liabilities$40,737$40,345▼ $392
Deferred Revenue$8,608$12,683▲ $4,075
Total Liabilities$2,661,800$2,837,810▲ $176,010
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,646,488$4,275,913▲ $629,425
Total Net Assets Fund Balance$3,646,488$4,275,913▲ $629,425
Total Liabilities and Net Assets / Fund Balance$6,308,288$7,113,723▲ $805,435

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,542$4,818,339$5,051,881
Leasehold Improvements$3,014,593$2,008,515$5,023,108
Other Land Buildings$86,012$400,233$486,245
Equipment$94,859$275,628$370,487
Land$147,910-$147,910
Other Assets Org$2,500--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Lawrence CorrinPresident
Dennis MckithenVice President
Albert CowellTrustee
David SmithTrustee
Debra BurdTrustee
Dick SwordTrustee
Raymond KolisonTrustee
Rosie JacksonTrustee
Bruce BaumgartenSecretary
Jonathan MuellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,639
Program Service Revenue
$3,158,942
Investment Income
$11,150
Other Revenue
$0
Change in Net Assets
$629,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,184,731
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,184,731
Total Revenue per Form 990
$3,184,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,063,972
Salaries, Compensation, and Employee Benefits$491,334
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$282,295$90,701-$372,996
All Other Expenses$258,203$20,796-$278,999
Depreciation Depletion$242,102--$242,102
Other Expenses$173,719--$173,719
Interest$129,421--$129,421
Insurance$123,911--$123,911
Fees for Services Management-$122,848-$122,848
Other Employee Benefits$62,695$19,798-$82,493
Office Expenses-$45,957-$45,957
Fees for Services Other-$38,563-$38,563
Payroll Taxes$27,242$8,603-$35,845
Advertising-$30,307-$30,307
Fees for Services Accounting-$13,050-$13,050
Conferences and Meetings-$5,222-$5,222
Fees for Services Legal-$579-$579
Total Functional Expenses$2,158,882$396,424$0$2,555,306

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,555,306
Total Expenses per Audited Statements$2,555,306
Total Expenses per Form 990$2,555,306
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
Tenant Security Deposits$40,345
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Corrin
Formed
1977
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
10
Employees
14
Volunteers
0

Preparer

Firm
Capaldi Reynolds & Pelosi Pa
Address
332 TILTON ROAD, NORTHFIELD, NJ 08225
Preparer
Jeffrey a Wilson
Phone
6096414000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Supplies: program service expenses 67,623. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,623. Social service expense: program service expenses 58,424. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,424. Trash removal: program service expenses 49,993. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,993. Repairs and maintenance: program service expenses 42,311. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,311. Misc operating expense: program service expenses 26,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,997. Admin rent-free unit: program service expenses 0. Management and general expenses 20,796. Fundraising expenses 0. Total expenses 20,796. Misc taxes, licenses & permits: program service expenses 12,855. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,855.”

FORM 990, PART XII, LINE 2C:

“The board of directors is responsible for the oversight of the audit and the selection of the independent auditors.”

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 2016”

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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/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-19089
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-19089
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04275913
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IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045957
IRS990/OfficeExpensesGrp/TotalAmt045957
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02980697
IRS990/OtherAssetsTotalGrp/EOYAmt03030642
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019798
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062695
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082493
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt0323288
IRS990/OtherExpensesGrp/ProgramServicesAmt1301477
IRS990/OtherExpensesGrp/ProgramServicesAmt2234529
IRS990/OtherExpensesGrp/ProgramServicesAmt3173719
IRS990/OtherExpensesGrp/TotalAmt0323288
IRS990/OtherExpensesGrp/TotalAmt1301477
IRS990/OtherExpensesGrp/TotalAmt2234529
IRS990/OtherExpensesGrp/TotalAmt3173719
IRS990/OtherLiabilitiesGrp/BOYAmt040737
IRS990/OtherLiabilitiesGrp/EOYAmt040345
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt090701
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0282295
IRS990/OtherSalariesAndWagesGrp/TotalAmt0372996
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08603
IRS990/PayrollTaxesGrp/ProgramServicesAmt027242
IRS990/PayrollTaxesGrp/TotalAmt035845
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055919
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051083
IRS990/PrincipalOfficerNm0LAWRENCE CORRIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTALS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL CLAIMS
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc4DAMAGES INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03110317
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131095
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29822
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36248
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03110317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29822
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36248
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41460
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt055561
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt052571
IRS990/PYOtherExpensesAmt02154145
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03126749
IRS990/PYRevenuesLessExpensesAmt0582230
IRS990/PYSalariesCompEmpBnftPaidAmt0498506
IRS990/PYTotalExpensesAmt02652651
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03234881
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0629425
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03139853
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0360596
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0201633
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014639
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055561
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt070344
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt087414
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0253913
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt053743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt031944
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07620
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03586
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0127132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03139853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03126749
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03031078
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03018858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02958117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015274655
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030239
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt053743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt031944
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0127132
IRS990ScheduleA/InvestmentIncomeCYPct00.00810
IRS990ScheduleA/InvestmentIncomePYPct00.00650
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99190
IRS990ScheduleA/PublicSupportPY509Pct00.99350
IRS990ScheduleA/PublicSupportTotal509Amt015528568
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03154492
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03182310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03101422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03044813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03045531
IRS990ScheduleA/Total509Grp/TotalAmt015528568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03184731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03236053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03133366
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03052433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03049117
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015655700
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/BookValueAmt0233542
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04818339
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05051881
IRS990ScheduleD/EquipmentGrp/BookValueAmt094859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0275628
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0370487
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02555306
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0147910
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0147910
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03014593
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02008515
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05023108
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02987376
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt140766
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED FINANCING COST
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt086012
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0400233
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0486245
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03184731
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 2016
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03576916
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03030642
IRS990ScheduleD/TotalExpensesPerForm990Amt02555306
IRS990ScheduleD/TotalLiabilityAmt040345
IRS990ScheduleD/TotalRevenuePerForm990Amt03184731
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03184731
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02555306
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

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,113,723
Liabilities
$2,837,810
Net assets
$4,275,913
Revenue
$3,184,731
Expenses
$2,555,306
Net income
$629,425
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