Civic Intelligence

Canandaigua Housing Development Fund Company Inc.

990 • Fiscal year 2016 • EIN 22-2415151

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 05, 2016

990 James StreetSyracuse, NY 13203

(315) 424-1822

Siviq Scores

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

Liabilities / Assets

87th percentile

1.28x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

6.20x

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

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Net Margin

64th percentile

6.7%

Higher net margin than 64% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Asset Growth

60th percentile

0.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

7.3%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,905,860

Up $4,256 (+0.1%) from 2015

Net Assets

Up

-$1,631,577

Up $81,019 (+4.7%) from 2015

Liabilities

Down

$7,537,437

Down $76,763 (-1.0%) from 2015

Revenue

Up

$1,215,537

Up $82,512 (+7.3%) from 2015

Expenses

Up

$1,134,518

Up $61,793 (+5.8%) from 2015

Net Income

Up

$81,019

Up $20,719 (+34%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $4,267,496Liabilities 2011: $5,979,562Net Assets 2011: -$1,712,0662011Assets 2012: $4,111,376Liabilities 2012: $5,895,384Net Assets 2012: -$1,784,0082012Assets 2013: $4,011,096Liabilities 2013: $5,830,104Net Assets 2013: -$1,819,0082013Assets 2014: $3,979,430Liabilities 2014: $5,752,326Net Assets 2014: -$1,772,8962014Assets 2015: $5,901,604Liabilities 2015: $7,614,200Net Assets 2015: -$1,712,5962015Assets 2016: $5,905,860Liabilities 2016: $7,537,437Net Assets 2016: -$1,631,5772016Assets 2017: $5,862,474Liabilities 2017: $7,507,978Net Assets 2017: -$1,645,5042017Assets 2018: $5,493,227Liabilities 2018: $7,152,120Net Assets 2018: -$1,658,8932018Assets 2019: $5,376,608Liabilities 2019: $7,036,026Net Assets 2019: -$1,659,4182019Assets 2020: $5,179,342Liabilities 2020: $6,919,543Net Assets 2020: -$1,740,2012020Assets 2021: $5,115,233Liabilities 2021: $6,793,099Net Assets 2021: -$1,677,8662021Assets 2022: $5,002,766Liabilities 2022: $6,635,605Net Assets 2022: -$1,632,8392022Assets 2023: $4,905,935Liabilities 2023: $6,561,178Net Assets 2023: -$1,655,2432023Assets 2024: $5,103,086Liabilities 2024: $6,402,561Net Assets 2024: -$1,299,4752024

Highlighted filing

2016

Assets$5,905,860
Liabilities$7,537,437
Net Assets-$1,631,577

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,239,8822011Revenue 2012: $1,106,873Expenses 2012: $1,178,815Net Income 2012: -$71,9422012Revenue 2013: $1,190,170Expenses 2013: $1,225,170Net Income 2013: -$35,0002013Revenue 2014: $1,166,017Expenses 2014: $1,119,905Net Income 2014: $46,1122014Revenue 2015: $1,133,025Expenses 2015: $1,072,725Net Income 2015: $60,3002015Revenue 2016: $1,215,537Expenses 2016: $1,134,518Net Income 2016: $81,0192016Revenue 2017: $1,214,319Expenses 2017: $1,228,246Net Income 2017: -$13,9272017Revenue 2018: $1,177,007Expenses 2018: $1,190,396Net Income 2018: -$13,3892018Revenue 2019: $1,216,378Expenses 2019: $1,216,903Net Income 2019: -$5252019Revenue 2020: $1,205,728Expenses 2020: $1,286,511Net Income 2020: -$80,7832020Revenue 2021: $1,290,449Expenses 2021: $1,228,114Net Income 2021: $62,3352021Revenue 2022: $1,209,323Expenses 2022: $1,164,296Net Income 2022: $45,0272022Revenue 2023: $1,221,630Expenses 2023: $1,244,034Net Income 2023: -$22,4042023Revenue 2024: $1,403,162Expenses 2024: $1,047,394Net Income 2024: $355,7682024

Highlighted filing

2016

Revenue$1,215,537
Expenses$1,134,518
Net Income$81,019
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 5, 2016
Return Version
2015v2.1
Gross Receipts
$1,215,537
Mission and Program Overview

Mission

The organization was organized solely and specifically to develop, own and operate a low income housing project on a non-profit basis pursuant to section 202 of the national housing act, said project known as eighty parrish street apartments and located at 80 parrish street, canandaigua, new york.

The organization was organized solely and specifically to develop, own and operate a low incomehousing project on a non-profit basis pursuant to section 202 of the national housing act, said project known as eighty parrish street apartments and located at 80 parrish street, canandaigua, new york

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,587,760$4,791,222▲ $203,462
Cash and Non-Interest-Bearing Accounts$189,527$32,020▼ $157,507
Prepaid Expenses and Deferred Charges$28,208$26,232▼ $1,976
Accounts Receivable$1,873$4,412▲ $2,539
Total Assets$5,790,669$5,905,860▲ $115,191
Other Assets Total$983,301$1,051,974▲ $68,673
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,251,736$7,482,010▲ $230,274
Other Liabilities$44,294$45,294▲ $1,000
Accounts Payable and Accrued Expenses$207,235$10,133▼ $197,102
Total Liabilities$7,503,265$7,537,437▲ $34,172
Net Assets / Fund Balance
Unrestricted Net Assets$-1,712,596$-1,631,577▲ $81,019
Total Net Assets Fund Balance$-1,712,596$-1,631,577▲ $81,019
Total Liabilities and Net Assets / Fund Balance$5,790,669$5,905,860▲ $115,191

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,662,060$5,817,653-
Other Land Buildings$951,980--
Land$40,000--
Equipment$137,182--
Other Assets Org$44,694--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret BringewattBoard President
Donald RawBoard Member
Ellen FralickBoard Member
Janet TenreiroBoard Member
John Nicholson CPABoard Member
Mary BradyBoard Member
Rev Fred MagleyBoard Member
Revrichard D KrapfBoard Member
Rhoda ChildsBoard Member
Richard BrownBoard Member
John VanvechtenBoard Secretary
Edward C Kenyon EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$758,349
Program Service Revenue
$444,750
Investment Income
$2,765
Other Revenue
$9,673
Change in Net Assets
$81,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,215,537
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,215,537
Total Revenue per Form 990
$1,215,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$879,763
Salaries, Compensation, and Employee Benefits$254,755
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$304,065--$304,065
Interest$245,655--$245,655
Other Salaries and Wages$199,572--$199,572
Occupancy$108,503--$108,503
Fees for Services Management-$83,509-$83,509
Other Employee Benefits$38,823--$38,823
Office Expenses$32,532--$32,532
Insurance$25,673--$25,673
Fees for Services Accounting$11,856$8,160-$20,016
Payroll Taxes$16,360--$16,360
Fees for Services Other$13,038--$13,038
Advertising$3,166--$3,166
Other Expenses$2,897--$2,897
Conferences and Meetings$1,820--$1,820
Total Functional Expenses$1,042,849$91,669$0$1,134,518

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,134,518
Total Expenses per Audited Statements$1,134,518
Total Expenses per Form 990$1,134,518
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$44,694
Miscellaneous Current Liabilities$400
Accrued Payroll Taxes Payable$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Management of the property is performed by christopher community, inc.

Form 990, Part VI, Section B, Line 11

The form 990 will be presented to the board prior to issuance and the management company will review the 990 upon issuance.

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

At one of the board meetings during the year the conflict of interest forms will be reviewed and updated as deemed necessary.

Form 990, Part VI, Section C, Line 18

Christopher community, mails a copy of the 990 to the project manager to keep on file for public inspection. If and when someone requests the form, the organization makes it available.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are kept at christopher community and are provided to any persons who request them. If the request goes to the project manager, the request is forwarded to christopher community.

Filing and Contact Details

Filer

Filer Name
Canandaigua Housing Development
EIN
22-2415151
Phone
3154241822
Address
990 JAMES STREET, SYRACUSE, NY 13203

Signing Officer

Name
Maggie Bringewatt
Title
President
Phone
3154241822
Signed
2016-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maggie Bringewatt
Formed
1984
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
5
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
25 NORTH STREET, CANANDAIGUA, NY 14424
Preparer
Christopher Johnston
Phone
5853405100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board treasurer and management agent controller review the financial statements and these statements are presented to the entire board for final approval.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organizations tax-exempt purpose could be subject to taxation as unrelated business income. In accordance with asc 740-15-50, the organization recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the organization is currently operating in compliance with the applicable requirements of the internal revenue code. Therefore, no liability for unrecorded tax benefits has been included on the organizations financial statements.

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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/NetUnrelatedBusTxblIncmAmt00
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IRS990/OccupancyGrp/TotalAmt0108503
IRS990/OfficeExpensesGrp/ProgramServicesAmt032532
IRS990/OfficeExpensesGrp/TotalAmt032532
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0983301
IRS990/OtherAssetsTotalGrp/EOYAmt01051974
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038823
IRS990/OtherEmployeeBenefitsGrp/TotalAmt038823
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
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IRS990/OtherExpensesGrp/TotalAmt12897
IRS990/OtherLiabilitiesGrp/BOYAmt044294
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IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0199572
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IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt016360
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028208
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IRS990/PrincipalOfficerNm0MAGGIE BRINGEWATT
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01133025
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt081019
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0454423
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0758349
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0699343
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0717322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0668137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0723882
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03567033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02765
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05961
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04722
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02181
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020372
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0430974
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0413772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0423289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0405051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0356920
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02030006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02765
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05961
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04722
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02181
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020372
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/InvestmentIncomePYPct00.00330
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt023449
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015167
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt08965
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt041678
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt023890
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0113149
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97670
IRS990ScheduleA/PublicSupportPY509Pct00.92970
IRS990ScheduleA/PublicSupportTotal509Amt05597039
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01189323
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01113115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01140611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01073188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01080802
IRS990ScheduleA/Total509Grp/TotalAmt05597039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01215537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01133025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01155537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01119588
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01106873
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05730560
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03662060
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05817653
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09479713
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137182
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0137182
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01134518
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0168693
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1249607
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2461371
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt380221
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt447388
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt544694
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0951980
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0951980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt244694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01215537
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS TAX-EXEMPT PURPOSE COULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-15-50, THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECORDED TAX BENEFITS HAS BEEN INCLUDED ON THE ORGANIZATIONS FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt01051974
IRS990ScheduleD/TotalExpensesPerForm990Amt01134518
IRS990ScheduleD/TotalLiabilityAmt045294
IRS990ScheduleD/TotalRevenuePerForm990Amt01215537
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01215537
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01134518
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE PROPERTY IS PERFORMED BY CHRISTOPHER COMMUNITY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE PRESENTED TO THE BOARD PRIOR TO ISSUANCE AND THE MANAGEMENT COMPANY WILL REVIEW THE 990 UPON ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT ONE OF THE BOARD MEETINGS DURING THE YEAR THE CONFLICT OF INTEREST FORMS WILL BE REVIEWED AND UPDATED AS DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHRISTOPHER COMMUNITY, MAILS A COPY OF THE 990 TO THE PROJECT MANAGER TO KEEP ON FILE FOR PUBLIC INSPECTION. IF AND WHEN SOMEONE REQUESTS THE FORM, THE ORGANIZATION MAKES IT AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE KEPT AT CHRISTOPHER COMMUNITY AND ARE PROVIDED TO ANY PERSONS WHO REQUEST THEM. IF THE REQUEST GOES TO THE PROJECT MANAGER, THE REQUEST IS FORWARDED TO CHRISTOPHER COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD TREASURER AND MANAGEMENT AGENT CONTROLLER REVIEW THE FINANCIAL STATEMENTS AND THESE STATEMENTS ARE PRESENTED TO THE ENTIRE BOARD FOR FINAL APPROVAL.
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 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.10$6.40$1.30$1.40$1.05$0.36
2023Detailed filing. Detailed filing data is available for this year.$4.91$6.56$1.66$1.22$1.24$0.02
2022Detailed filing. Detailed filing data is available for this year.$5.00$6.64$1.63$1.21$1.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$5.12$6.79$1.68$1.29$1.23$0.06
2020Detailed filing. Detailed filing data is available for this year.$5.18$6.92$1.74$1.21$1.29$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.38$7.04$1.66$1.22$1.22$0.00
2018Detailed filing. Detailed filing data is available for this year.$5.49$7.15$1.66$1.18$1.19$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.86$7.51$1.65$1.21$1.23$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.91$7.54$1.63$1.22$1.13$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.90$7.61$1.71$1.13$1.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.98$5.75$1.77$1.17$1.12$0.05
2013Summary only. Only limited summary data is available for this year.$4.01$5.83$1.82$1.19$1.23$0.04
2012Summary only. Only limited summary data is available for this year.$4.11$5.90$1.78$1.11$1.18$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$5.98$1.71$1.24