Civic Intelligence

Pitcher Hill Housing Development Fund Company Inc

990 • Fiscal year 2015 • EIN 22-2320985

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 01, 2016

Organization ProfileWWW.CHRISTOPHER-COMMUNITY.ORG
990 James StreetSyracuse, NY 13203

(315) 424-1821

Siviq Scores

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

Liabilities / Assets

71st percentile

1.13x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

3.84x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Net Margin

55th percentile

-1.1%

Higher net margin than 55% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Asset Growth

60th percentile

-1.3%

Faster asset growth than 60% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-0.4%

Faster revenue growth than 34% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$2,969,267

Down $38,785 (-1.3%) from 2014

Net Assets

Down

-$388,640

Down $9,391 (-2.5%) from 2014

Liabilities

Down

$3,357,907

Down $29,394 (-0.9%) from 2014

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin55th percentile

Revenue

Down

$874,838

Down $3,284 (-0.4%) from 2014

Expenses

Down

$884,229

Down $38,283 (-4.1%) from 2014

Net Income

Up

-$9,391

Up $34,999 (+79%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $1,478,950Liabilities 2010: $2,028,637Net Assets 2010: -$549,6872010Assets 2011: $3,779,400Liabilities 2011: $4,063,975Net Assets 2011: -$284,5752011Assets 2012: $3,192,745Liabilities 2012: $3,500,577Net Assets 2012: -$307,8322012Assets 2013: $3,101,661Liabilities 2013: $3,436,520Net Assets 2013: -$334,8592013Assets 2014: $3,008,052Liabilities 2014: $3,387,301Net Assets 2014: -$379,2492014Assets 2015: $2,969,267Liabilities 2015: $3,357,907Net Assets 2015: -$388,6402015Assets 2016: $2,947,511Liabilities 2016: $3,302,249Net Assets 2016: -$354,7382016Assets 2017: $2,777,541Liabilities 2017: $3,105,616Net Assets 2017: -$328,0752017Assets 2018: $2,733,332Liabilities 2018: $3,043,739Net Assets 2018: -$310,4072018Assets 2019: $2,696,803Liabilities 2019: $2,997,599Net Assets 2019: -$300,7962019Assets 2020: $2,650,655Liabilities 2020: $2,944,514Net Assets 2020: -$293,8592020Assets 2021: $2,520,852Liabilities 2021: $2,858,727Net Assets 2021: -$337,8752021Assets 2022: $2,542,990Liabilities 2022: $2,920,061Net Assets 2022: -$377,0712022Assets 2023: $2,374,852Liabilities 2023: $2,737,716Net Assets 2023: -$362,8642023Assets 2024: $2,308,074Liabilities 2024: $2,651,323Net Assets 2024: -$343,2492024

Highlighted filing

2015

Assets$2,969,267
Liabilities$3,357,907
Net Assets-$388,640
Open 2015 Filing

Operations Trend

Revenue Growth34th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $737,3722010Revenue 2011: $1,068,050Expenses 2011: $802,938Net Income 2011: $265,1122011Revenue 2012: $835,973Expenses 2012: $859,230Net Income 2012: -$23,2572012Expenses 2013: $889,3082013Revenue 2014: $878,122Expenses 2014: $922,512Net Income 2014: -$44,3902014Revenue 2015: $874,838Expenses 2015: $884,229Net Income 2015: -$9,3912015Revenue 2016: $902,746Expenses 2016: $868,844Net Income 2016: $33,9022016Revenue 2017: $896,830Expenses 2017: $870,167Net Income 2017: $26,6632017Revenue 2018: $900,200Expenses 2018: $882,532Net Income 2018: $17,6682018Revenue 2019: $893,692Expenses 2019: $884,081Net Income 2019: $9,6112019Revenue 2020: $882,836Expenses 2020: $875,899Net Income 2020: $6,9372020Revenue 2021: $892,292Expenses 2021: $936,308Net Income 2021: -$44,0162021Revenue 2022: $905,419Expenses 2022: $944,615Net Income 2022: -$39,1962022Revenue 2023: $954,703Expenses 2023: $940,496Net Income 2023: $14,2072023Revenue 2024: $987,707Expenses 2024: $968,092Net Income 2024: $19,6152024

Highlighted filing

2015

Revenue$874,838
Expenses$884,229
Net Income-$9,391
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$874,838
Mission and Program Overview

Mission

The corporation was organized solely and specifically to develop, own and operate a low-income housing project on a nonprofit basis pursuant to article xi of the private housing finance law of the state of new york.

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,975,096$1,858,588▼ $116,508
Prepaid Expenses and Deferred Charges$59,336$61,952▲ $2,616
Cash and Non-Interest-Bearing Accounts$6,532$18,372▲ $11,840
Accounts Receivable$14,816$2,186▼ $12,630
Total Assets$3,008,052$2,969,267▼ $38,785
Other Assets Total$952,272$1,028,169▲ $75,897
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,334,446$3,289,337▼ $45,109
Accounts Payable and Accrued Expenses$18,846$35,029▲ $16,183
Other Liabilities$34,009$33,541▼ $468
Total Liabilities$3,387,301$3,357,907▼ $29,394
Net Assets / Fund Balance
Unrestricted Net Assets$-379,249$-388,640▼ $9,391
Total Net Assets Fund Balance$-379,249$-388,640▼ $9,391
Total Liabilities and Net Assets / Fund Balance$3,008,052$2,969,267▼ $38,785

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,798,888$2,846,738$4,645,626
Other Land Buildings$39,955$185,355$225,310
Equipment$19,745$5,188$24,933
Other Assets Org$56,202--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Mr Howard KruegerPresident
Mr Ron ColeVice-president
Mr Charles GladziszewskiBoard Member
Mr Joe RizzoBoard Member
Mr John StasoBoard Member
Mr Norman PrayBoard Member
Mr Scott a LacikBoard Member
Ms Eleanor JonesBoard Member
Ms Jane HuntBoard Member
Mrs Kathy RappSecretary
Rev Steve IngersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$809,284
Investment Income
$2,023
Other Revenue
$63,531
Change in Net Assets
$-9,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$874,838
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$874,838
Total Revenue per Form 990
$874,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$672,186
Salaries, Compensation, and Employee Benefits$212,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$31,179$143,768-$174,947
Interest$162,401--$162,401
Depreciation Depletion$160,241--$160,241
Fees for Services Management-$64,829-$64,829
Occupancy$60,013--$60,013
Insurance$54,523--$54,523
Office Expenses$15,634$24,027-$39,661
Other Employee Benefits$21,535--$21,535
Fees for Services Accounting-$16,290-$16,290
Payroll Taxes$15,561--$15,561
Other Expenses$5,007--$5,007
All Other Expenses$4,702--$4,702
Advertising-$4,296-$4,296
Conferences and Meetings-$1,183-$1,183
Total Functional Expenses$629,836$254,393$0$884,229

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$884,229
Total Expenses per Audited Statements$884,229
Total Expenses per Form 990$884,229
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$33,541
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegated control over management duties to christopher community under the direct supervision of the board of directors. This includes bookkeeping, property management and personnel related functions.”

Form 990, Part VI, Section B, Line 11

“The vp of finance for the managing agent receives the 990 from the auditor and reviews the form. The 990 is reviewed by the cpa with the board of directors as a part of the annual audit meeting prior to filing with the irs.”

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

“The managing agent reviews the conflict of interest statements signed by board members annually for each property. If a conflict arises the managing agent monitors the transaction to ensure it is conducted at arms-length. The managing agent discourages this type of relationship and recommends an alternative situation if at all possible.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Pitcher Hill Housing Development Fund
EIN
22-2320985
Phone
3154241821
Address
990 JAMES STREET, SYRACUSE, NY 13203

Signing Officer

Name
Howard Krueger
Title
President
Phone
3154241821
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Howard Krueger
Formed
1980
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
0

Preparer

Firm
Dermody Burke & Brown Cpas LLC
Address
443 N FRANKLIN ST STE 100, SYRACUSE, NY 13204-1441
Preparer
David J De Silva
Phone
3154719171
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation has been determined to be exempt from federal income taxes under section 501(c)(3) of the internal revenue code and has been classified as an organization that is not a private foundation under section 509(a). Management is unaware of any unrelated business activities that may be subject to unrelated business income tax or any activities that would jeopardize the corporations exempt status.”

Raw XML AppendixShowing 400 of 468 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/MissionDesc0THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK.
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IRS990/OtherExpensesGrp/TotalAmt125860
IRS990/OtherExpensesGrp/TotalAmt26988
IRS990/OtherExpensesGrp/TotalAmt35007
IRS990/OtherLiabilitiesGrp/BOYAmt034009
IRS990/OtherLiabilitiesGrp/EOYAmt033541
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING REVE
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt059256
IRS990/OtherRevenueMiscGrp/ExclusionAmt14220
IRS990/OtherRevenueMiscGrp/ExclusionAmt255
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059256
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14220
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt255
IRS990/OtherRevenueTotalAmt063531
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0143768
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt031179
IRS990/OtherSalariesAndWagesGrp/TotalAmt0174947
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015561
IRS990/PayrollTaxesGrp/TotalAmt015561
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt059336
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061952
IRS990/PrincipalOfficerNm0HOWARD KRUEGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - NET OF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0809284
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0809284
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01886
IRS990/PYOtherExpensesAmt0716124
IRS990/PYOtherRevenueAmt071156
IRS990/PYProgramServiceRevenueAmt0805080
IRS990/PYRevenuesLessExpensesAmt0-44390
IRS990/PYSalariesCompEmpBnftPaidAmt0206388
IRS990/PYTotalExpensesAmt0922512
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0878122
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9391
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0809284
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01733
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01954
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011649
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019245
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0809284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0805080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0791795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0782929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0778919
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03968007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01733
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01954
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019245
IRS990ScheduleA/InvestmentIncomeCYPct00.00430
IRS990ScheduleA/InvestmentIncomePYPct00.00690
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt063531
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt071156
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt068753
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt051090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0277482
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0532012
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87800
IRS990ScheduleA/PublicSupportPY509Pct00.88460
IRS990ScheduleA/PublicSupportTotal509Amt03968007
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0809284
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0805080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0791795
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0782929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0778919
IRS990ScheduleA/Total509Grp/TotalAmt03968007
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0874838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0878122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0862281
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0835973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01068050
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04519264
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01798888
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02846738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04645626
IRS990ScheduleD/EquipmentGrp/BookValueAmt019745
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05188
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024933
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0884229
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027268
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1588661
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233541
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3170210
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4152287
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt556202
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEBT SERVICE SAVINGS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5ESCROW FUNDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039955
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0185355
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0225310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0874838
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE CORPORATIONS EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01858588
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01028169
IRS990ScheduleD/TotalExpensesPerForm990Amt0884229
IRS990ScheduleD/TotalLiabilityAmt033541
IRS990ScheduleD/TotalRevenuePerForm990Amt0874838
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0874838
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0884229
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VP OF FINANCE FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03008052
IRS990/TotalAssetsEOYAmt02969267
IRS990/TotalAssetsGrp/BOYAmt03008052

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,969,267
Liabilities
$3,357,907
Net assets
-$388,640
Revenue
$874,838
Expenses
$884,229
Net income
-$9,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.31$2.65$0.34$0.99$0.97$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.37$2.74$0.36$0.95$0.94$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$2.92$0.38$0.91$0.94$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$2.86$0.34$0.89$0.94$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.65$2.94$0.29$0.88$0.88$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.70$3.00$0.30$0.89$0.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.73$3.04$0.31$0.90$0.88$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.78$3.11$0.33$0.90$0.87$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.95$3.30$0.35$0.90$0.87$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.97$3.36$0.39$0.87$0.88$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.01$3.39$0.38$0.88$0.92$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$3.44$0.33$0.89
2012Summary only. Only limited summary data is available for this year.$3.19$3.50$0.31$0.84$0.86$0.02
2011Summary only. Only limited summary data is available for this year.$3.78$4.06$0.28$1.07$0.80$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$2.03$0.55$0.74