Civic Intelligence

St. Matthew Housing Development Inc.

990 • Fiscal year 2018 • EIN 22-2813779

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

Organization ProfileN/A
230-242 North 57TH StreetPhiladelphia, PA 19139

(215) 748-3310

Siviq Scores

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

Liabilities / Assets

96th percentile

1.46x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

5.18x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

23rd percentile

-5.2%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

2.5%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$2,978,837

Down $162,186 (-5.2%) from 2017

Net Assets

Down

-$1,376,771

Down $122,853 (-9.8%) from 2017

Liabilities

Down

$4,355,608

Down $39,333 (-0.9%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin17th percentile

Revenue

Up

$840,310

Up $20,113 (+2.5%) from 2017

Expenses

Up

$963,163

Up $38,213 (+4.1%) from 2017

Net Income

Down

-$122,853

Down $18,100 (-17%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2017: $3,141,023Liabilities 2017: $4,394,941Net Assets 2017: -$1,253,9182017Assets 2018: $2,978,837Liabilities 2018: $4,355,608Net Assets 2018: -$1,376,7712018Assets 2019: $2,818,566Liabilities 2019: $4,291,389Net Assets 2019: -$1,472,8232019Assets 2020: $2,704,438Liabilities 2020: $4,241,661Net Assets 2020: -$1,537,2232020Assets 2021: $2,705,051Liabilities 2021: $4,217,319Net Assets 2021: -$1,512,2682021Assets 2022: $2,578,789Liabilities 2022: $4,150,084Net Assets 2022: -$1,571,2952022Assets 2023: $2,494,570Liabilities 2023: $4,060,196Net Assets 2023: -$1,565,6262023Assets 2024: $2,332,567Liabilities 2024: $4,023,864Net Assets 2024: -$1,691,2972024

Highlighted filing

2018

Assets$2,978,837
Liabilities$4,355,608
Net Assets-$1,376,771
Open 2018 Filing

Operations Trend

Revenue Growth46th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $820,197Expenses 2017: $924,950Net Income 2017: -$104,7532017Revenue 2018: $840,310Expenses 2018: $963,163Net Income 2018: -$122,8532018Revenue 2019: $853,538Expenses 2019: $949,590Net Income 2019: -$96,0522019Revenue 2020: $871,452Expenses 2020: $935,852Net Income 2020: -$64,4002020Revenue 2021: $898,638Expenses 2021: $873,683Net Income 2021: $24,9552021Revenue 2022: $892,131Expenses 2022: $951,158Net Income 2022: -$59,0272022Revenue 2023: $926,506Expenses 2023: $920,837Net Income 2023: $5,6692023Revenue 2024: $957,793Expenses 2024: $1,083,464Net Income 2024: -$125,6712024

Highlighted filing

2018

Revenue$840,310
Expenses$963,163
Net Income-$122,853
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$843,708
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$1,685,025$1,771,273▲ $86,248
Prepaid Expenses and Deferred Charges$30,109$37,640▲ $7,531
Accounts Receivable$1,153$1,517▲ $364
Cash and Non-Interest-Bearing Accounts$22,274$61▼ $22,213
Total Assets$3,141,023$2,978,837▼ $162,186
Other Assets Total$1,402,462$1,168,346▼ $234,116
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,011,154$3,957,195▼ $53,959
Other Liabilities$355,797$357,043▲ $1,246
Accounts Payable and Accrued Expenses$26,817$41,220▲ $14,403
Deferred Revenue$1,173$150▼ $1,023
Total Liabilities$4,394,941$4,355,608▼ $39,333
Net Assets / Fund Balance
Unrestricted Net Assets$-1,253,918$-1,376,771▼ $122,853
Total Net Assets Fund Balance$-1,253,918$-1,376,771▼ $122,853
Total Liabilities and Net Assets / Fund Balance$3,141,023$2,978,837▼ $162,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,252,614$2,703,015$3,955,629
Leasehold Improvements$426,348$212,940$639,288
Equipment$67,311$115,498$182,809
Land$25,000-$25,000
Other Assets Org$15,769--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Pastor Vernon ByrdPresident
Conway N JohnsonTrustee
Dayna RobertsTrustee
Gwendolyn StokesTrustee
Shirley ThomasTrustee
Alwina GreenSecretary
Lorenzo CrugerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$843,400
Investment Income
$-3,090
Other Revenue
$0
Change in Net Assets
$-122,853

Audited Revenue Reconciliation

Revenue per Audited Statements
$843,708
Revenue Not Reported on Financial Statements
$-3,398
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-3,398
Total Revenue per Audited Statements
$843,708
Total Revenue per Form 990
$840,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$756,563
Salaries, Compensation, and Employee Benefits$206,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$198,474--$198,474
Depreciation Depletion$176,260--$176,260
Other Salaries and Wages$106,057$59,616-$165,673
Insurance$56,808--$56,808
All Other Expenses$40,461$379-$40,840
Fees for Services Management-$36,925-$36,925
Other Employee Benefits$16,522$9,293-$25,815
Other Expenses$46,819$18,267-$18,267
Fees for Services Other-$16,546-$16,546
Office Expenses-$15,955-$15,955
Payroll Taxes$9,672$5,440-$15,112
Fees for Services Legal-$2,162-$2,162
Total Functional Expenses$798,580$164,583$0$963,163

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$966,561
Expenses per Audited Statements$963,163
Total Expenses per Form 990$963,163
Expenses Not Reported on Form 990$3,398
Expenses Not Reported on Financial Statements$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
Developer Fee Payable$341,357
Tenant Deposits Held in Trust$15,686
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

“The project has no separate committees that work independently of the board of directors”

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 may be made, in writing, to the management company to inspect the organization's tax returns.form 990 is also available on guidestar.org”

Form 990, Part VI, Section C, line 19

“A request may be made, in writing, to the management company to inspect the organization's governing documents.”

Filing and Contact Details

Filer

Filer Name
St Matthew Housing Development Inc
EIN
22-2813779
Phone
2157483310
Address
230-242 North 57TH Street, Philadelphia, PA 19139
Doing Business As
St Matthew Manor

Signing Officer

Name
Pastor Vernon Byrd
Title
President
Phone
6092731350
Signed
2019-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pastor Vernon Byrd
Formed
1982
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
0

Preparer

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

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.”

Part XI, Line 4B - Other Adjustments:

“DISPOSITION OF ASSETS”

Part XII, Line 2D - Other Adjustments:

“DISPOSITION OF ASSETS”

Raw XML AppendixShowing 400 of 455 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt026817
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041220
IRS990/AccountsReceivableGrp/BOYAmt01153
IRS990/AccountsReceivableGrp/EOYAmt01517
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW-INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PERSONS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0379
IRS990/AllOtherExpensesGrp/ProgramServicesAmt040461
IRS990/AllOtherExpensesGrp/TotalAmt040840
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COMMUNITY REALTY MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum06096468861
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt036 SOUTH MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PLEASANTVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008232
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt022274
IRS990/CashNonInterestBearingGrp/EOYAmt061
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-3090
IRS990/CYOtherExpensesAmt0756563
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0843400
IRS990/CYRevenuesLessExpensesAmt0-122853
IRS990/CYSalariesCompEmpBnftPaidAmt0206600
IRS990/CYTotalExpensesAmt0963163
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0840310
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01173
IRS990/DeferredRevenueGrp/EOYAmt0150
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0176260
IRS990/DepreciationDepletionGrp/TotalAmt0176260
IRS990/Desc0LOW-INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PERSONS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0St Matthew Manor
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0798580
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02162
IRS990/FeesForServicesLegalGrp/TotalAmt02162
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt036925
IRS990/FeesForServicesManagementGrp/TotalAmt036925
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016546
IRS990/FeesForServicesOtherGrp/TotalAmt016546
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PASTOR VERNON BYRD
IRS990/Form990PartVIISectionAGrp/PersonNm1LORENZO CRUGER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAYNA ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm3GWENDOLYN STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm4ALWINA GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm5SHIRLEY THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm6CONWAY N JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-3398
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0843708
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt056808
IRS990/InsuranceGrp/TotalAmt056808
IRS990/InterestGrp/ProgramServicesAmt0198474
IRS990/InterestGrp/TotalAmt0198474
IRS990/InvestmentIncomeGrp/ExclusionAmt0308
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0308
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03031453
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01685025
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01771273
IRS990/LandBldgEquipCostOrOtherBssAmt04802726
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03398
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOW-INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PERSONS UNDER SECTION 8 OF THE NATIONAL HOUSING ACT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04011154
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03957195
IRS990/NetAssetsOrFundBalancesBOYAmt0-1253918
IRS990/NetAssetsOrFundBalancesEOYAmt0-1376771
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3398
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3398
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015955
IRS990/OfficeExpensesGrp/TotalAmt015955
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01402462
IRS990/OtherAssetsTotalGrp/EOYAmt01168346
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09293
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016522
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025815
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1OTHER CONTRACTS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018267
IRS990/OtherExpensesGrp/ProgramServicesAmt079676
IRS990/OtherExpensesGrp/ProgramServicesAmt167831
IRS990/OtherExpensesGrp/ProgramServicesAmt246819
IRS990/OtherExpensesGrp/TotalAmt079676
IRS990/OtherExpensesGrp/TotalAmt167831
IRS990/OtherExpensesGrp/TotalAmt246819
IRS990/OtherExpensesGrp/TotalAmt318267
IRS990/OtherLiabilitiesGrp/BOYAmt0355797
IRS990/OtherLiabilitiesGrp/EOYAmt0357043
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0106057
IRS990/OtherSalariesAndWagesGrp/TotalAmt0165673
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05440
IRS990/PayrollTaxesGrp/ProgramServicesAmt09672
IRS990/PayrollTaxesGrp/TotalAmt015112
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030109
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037640
IRS990/PrincipalOfficerNm0Pastor Vernon Byrd
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0FEES & CONTRACTS FROM
IRS990/ProgramServiceRevenueGrp/Desc1APARTMENT RENTALS
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3SPECIAL CLAIMS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4LAUNDRY & VENDING INCO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0666259
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1164752
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25940
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0666259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1164752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42625
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0204
IRS990/PYOtherExpensesAmt0745620
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0819993
IRS990/PYRevenuesLessExpensesAmt0-104753
IRS990/PYSalariesCompEmpBnftPaidAmt0179330
IRS990/PYTotalExpensesAmt0924950
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0820197
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-122853
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0843400
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0666259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0650550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0649193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0668725
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0651031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03285758
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0204
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0177141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0169443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0177279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0187494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0468963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01180320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0204
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0674
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt04466078
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0843400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0819993
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0826472
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0856219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01119994
IRS990ScheduleA/Total509Grp/TotalAmt04466078
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0843708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0820197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0826541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0856230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01120076
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04466752
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01252614
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02703015
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03955629
IRS990ScheduleD/EquipmentGrp/BookValueAmt067311
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115498
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0182809
IRS990ScheduleD/ExpensesNotReportedAmt03398
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0963163
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0426348
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0212940
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0639288
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01023896
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1128681
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215769
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Reserve for replacements
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Escrow
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security Deposits
IRS990ScheduleD/OtherExpensesIncludedAmt03398
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015686
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1341357
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEVELOPER FEE PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-3398
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-3398
IRS990ScheduleD/RevenueSubtotalAmt0843708
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/ExplanationTxt1DISPOSITION OF ASSETS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DISPOSITION OF ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01771273
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01168346
IRS990ScheduleD/TotalExpensesPerForm990Amt0963163
IRS990ScheduleD/TotalLiabilityAmt0357043
IRS990ScheduleD/TotalRevenuePerForm990Amt0840310
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0843708
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0966561
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT HAS NO SEPARATE COMMITTEES THAT WORK INDEPENDENTLY OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS COMPLETED AND PRESENTED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND APPROVAL BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REQUEST MAY BE MADE, IN WRITING, TO THE MANAGEMENT COMPANY TO INSPECT THE ORGANIZATION'S TAX RETURNS.FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A REQUEST MAY BE MADE, IN WRITING, TO THE MANAGEMENT COMPANY TO INSPECT THE ORGANIZATION'S GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03141023
IRS990/TotalAssetsEOYAmt02978837
IRS990/TotalAssetsGrp/BOYAmt03141023
IRS990/TotalAssetsGrp/EOYAmt02978837
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0164583
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0798580
IRS990/TotalFunctionalExpensesGrp/TotalAmt0963163
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04394941
IRS990/TotalLiabilitiesEOYAmt04355608
IRS990/TotalLiabilitiesGrp/BOYAmt04394941
IRS990/TotalLiabilitiesGrp/EOYAmt04355608
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1253918
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1376771
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0798580
IRS990/TotalProgramServiceRevenueAmt0843400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-3090

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,978,837
Liabilities
$4,355,608
Net assets
-$1,376,771
Revenue
$840,310
Expenses
$963,163
Net income
-$122,853
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$4.02$1.69$0.96$1.08$0.13
2023Summary only. Only limited summary data is available for this year.$2.49$4.06$1.57$0.93$0.92$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$4.15$1.57$0.89$0.95$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$4.22$1.51$0.90$0.87$0.02
2020Summary only. Only limited summary data is available for this year.$2.70$4.24$1.54$0.87$0.94$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$4.29$1.47$0.85$0.95$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.98$4.36$1.38$0.84$0.96$0.12
2017Summary only. Only limited summary data is available for this year.$3.14$4.39$1.25$0.82$0.92$0.10