Civic Intelligence

Canandaigua Housing Development Fund Company Inc.

990 • Fiscal year 2015 • EIN 22-2415151

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2016

73 Buffalo StreetCanandaigua, NY 14424

(315) 424-1822

Siviq Scores

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

Liabilities / Assets

96th percentile

1.29x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

6.72x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

58th percentile

5.3%

Higher net margin than 58% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

93rd percentile

48%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-2.8%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,901,604

Up $1,922,174 (+48%) from 2014

Net Assets

Up

-$1,712,596

Up $60,300 (+3.4%) from 2014

Liabilities

Up

$7,614,200

Up $1,861,874 (+32%) from 2014

Revenue

Down

$1,133,025

Down $32,992 (-2.8%) from 2014

Expenses

Down

$1,072,725

Down $47,180 (-4.2%) from 2014

Net Income

Up

$60,300

Up $14,188 (+31%) from 2014

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

2015

Assets$5,901,604
Liabilities$7,614,200
Net Assets-$1,712,596

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

2015

Revenue$1,133,025
Expenses$1,072,725
Net Income$60,300
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$1,133,025
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$2,565,199$4,698,695▲ $2,133,496
Cash and Non-Interest-Bearing Accounts$3,605$189,527▲ $185,922
Prepaid Expenses and Deferred Charges$27,126$28,208▲ $1,082
Accounts Receivable-$1,873-
Total Assets$3,979,430$5,901,604▲ $1,922,174
Other Assets Total$1,383,500$983,301▼ $400,199
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,699,526$7,251,736▲ $1,552,210
Accounts Payable and Accrued Expenses$11,800$318,170▲ $306,370
Other Liabilities$41,000$44,294▲ $3,294
Total Liabilities$5,752,326$7,614,200▲ $1,861,874
Net Assets / Fund Balance
Unrestricted Net Assets$-1,772,896$-1,712,596▲ $60,300
Total Net Assets Fund Balance$-1,772,896$-1,712,596▲ $60,300
Total Liabilities and Net Assets / Fund Balance$3,979,430$5,901,604▲ $1,922,174

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,631,523$5,519,954-
Other Land Buildings$903,568--
Land$40,000--
Equipment$123,604--
Other Assets Org$43,894--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maggie 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 Van VechtenBoard Secretary
Edward C KenyonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$699,343
Program Service Revenue
$421,551
Investment Income
$4,743
Other Revenue
$7,388
Change in Net Assets
$60,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,133,025
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,133,025
Total Revenue per Form 990
$1,133,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$829,393
Salaries, Compensation, and Employee Benefits$243,332
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$306,188--$306,188
Depreciation Depletion$193,417--$193,417
Other Salaries and Wages$188,173--$188,173
Occupancy$118,832--$118,832
Fees for Services Management-$77,900-$77,900
Other Employee Benefits$39,214--$39,214
Insurance$26,274--$26,274
Office Expenses$26,033--$26,033
Fees for Services Accounting$11,856$8,000-$19,856
Payroll Taxes$15,945--$15,945
Fees for Services Other$13,654--$13,654
Advertising$3,412--$3,412
Other Expenses$2,555--$2,555
Conferences and Meetings$1,869--$1,869
Fees for Services Legal$118--$118
Total Functional Expenses$986,825$85,900$0$1,072,725

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,072,725
Total Expenses per Audited Statements$1,072,725
Total Expenses per Form 990$1,072,725
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$43,894
Miscellaneous Current Liabilities$400
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 Fund Company Inc
EIN
22-2415151
Phone
3154241822
Address
73 BUFFALO STREET, CANANDAIGUA, NY 14424

Signing Officer

Name
Maggie Bringewatt
Title
President
Phone
3154241822
Signed
2016-02-12
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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IRS990/NetAssetsOrFundBalancesBOYAmt0-1772896
IRS990/NetAssetsOrFundBalancesEOYAmt0-1712596
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0118832
IRS990/OccupancyGrp/TotalAmt0118832
IRS990/OfficeExpensesGrp/ProgramServicesAmt026033
IRS990/OfficeExpensesGrp/TotalAmt026033
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01383500
IRS990/OtherAssetsTotalGrp/EOYAmt0983301
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt039214
IRS990/OtherEmployeeBenefitsGrp/TotalAmt039214
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt039285
IRS990/OtherExpensesGrp/ProgramServicesAmt12555
IRS990/OtherExpensesGrp/TotalAmt039285
IRS990/OtherExpensesGrp/TotalAmt12555
IRS990/OtherLiabilitiesGrp/BOYAmt041000
IRS990/OtherLiabilitiesGrp/EOYAmt044294
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
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IRS990/OtherRevenueTotalAmt07388
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0188173
IRS990/OtherSalariesAndWagesGrp/TotalAmt0188173
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015945
IRS990/PayrollTaxesGrp/TotalAmt015945
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027126
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028208
IRS990/PrincipalOfficerNm0MAGGIE BRINGEWATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0421551
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0717322
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05961
IRS990/PYOtherExpensesAmt0893252
IRS990/PYOtherRevenueAmt08965
IRS990/PYProgramServiceRevenueAmt0433769
IRS990/PYRevenuesLessExpensesAmt046112
IRS990/PYSalariesCompEmpBnftPaidAmt0226653
IRS990/PYTotalExpensesAmt01119905
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01166017
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt060300
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0428939
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0699343
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0717322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0668137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0723882
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0767775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03576459
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05961
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04722
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02181
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02002
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019609
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0413772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0423289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0405051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0356920
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0352132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01951164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05961
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04722
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02181
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02002
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019609
IRS990ScheduleA/InvestmentIncomeCYPct00.00330
IRS990ScheduleA/InvestmentIncomePYPct00.00280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt015167
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08965
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt041678
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt023890
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0308805
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0398505
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92970
IRS990ScheduleA/PublicSupportPY509Pct00.93140
IRS990ScheduleA/PublicSupportTotal509Amt05527623
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01113115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01140611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01073188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01080802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01119907
IRS990ScheduleA/Total509Grp/TotalAmt05527623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01133025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01155537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01119588
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01106873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01430714
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05945737
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03631523
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05519954
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09151477
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123604
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0123604
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01072725
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0175059
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1209289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2456964
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt350825
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt447270
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt543894
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/BookValueAmt0903568
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0903568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01133025
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04698695
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0983301
IRS990ScheduleD/TotalExpensesPerForm990Amt01072725
IRS990ScheduleD/TotalLiabilityAmt044294
IRS990ScheduleD/TotalRevenuePerForm990Amt01133025
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01133025
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01072725
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