Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Arc Reading Supervised Apartments Corp
EIN 22-3607850 • 501(c)3 • West Deptford, NJ
Profile
To provide disabled persons with housing.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.45x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Up$142,506
Up $13,562 (+11%) from 2014
Liabilities
Down$206,209
Down $30 (-0.0%) from 2014
Net Assets
Up-$63,703
Up $13,592 (+18%) from 2014
Revenue
Up$75,482
Up $560 (+0.7%) from 2014
Expenses
Down$61,890
Down $2,092 (-3.3%) from 2014
Net Income
Up$13,592
Up $2,652 (+24%) from 2014
Trend Graphs
Filings
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $142,506
- Liabilities
- $206,209
- Net assets
- -$63,703
- Revenue
- $75,482
- Expenses
- $61,890
- Net income
- $13,592
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Nov 3, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $75,482
Mission and Program Overview
Mission
To provide disabled persons with housing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE DISABLED PERSONS WITH HOUSING FACILITIES & SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, & HAPPINESS. | $0 | $43,816 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID CONTINO | President | PT | $0 | - | - |
| SUZANNE DALTON | Executive Vice President | PT | $0 | - | - |
| JOHN RUBIS | Vice President | PT | $0 | - | - |
| PAMELA CORRIGAN | Treasurer | PT | $0 | - | - |
| BERNICE MIEDZIUS | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Arc Reading Supervised Apartments Corp
- EIN
- 22-3607850
- Phone
- 8568488648
- Address
- 1555 GATEWAY BLVD, WEST DEPTFORD, NJ 08096-1018
Signing Officer
- Name
- Mark Storm
- Title
- Director of Finance
- Phone
- 8568488648
- Signed
- 2015-11-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Klatzkin & Company Llp
- Address
- 1670 WHITEHORSE HAM SQ RD, HAMILTON, NJ 08690-3513
- Preparer
- Thomas Martin
- Phone
- 6098909189
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 98.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: contracts. Amount: 450. Description: security. Amount: 794. Description: depreciation. Amount: 9,175. Description: office supplies. Amount: 560. Description: management fee. Amount: 2,770. Total to form 990-ez, line 16: 13,749.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable - tenants. Beg. Of year amount: 21,017. End of year amount: 39,822. Description: accounts receivable - hud. Beg. Of year amount: 50. End of year amount: 21,810. Description: miscellaneous current assets. Beg. Of year amount: 0. End of year amount: 6,661.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 21,336. End of year amount: 26,953. Description: tenant security deposits. Beg. Of year amount: 1,399. End of year amount: 1,399. Description: mortgage. Beg. Of year amount: 183,504. End of year amount: 175,163. Description: accrued interest payable. Beg. Of year amount: 0. End of year amount: 2,694.”
Raw XML Appendix164 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ARCMERCER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6094060181 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 180 EWINGVILLE ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | EWING |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 08638 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 34530 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10041 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 13592 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4350 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 128944 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 142506 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75482 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 98 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 73347 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 64172 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -77295 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -63703 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -77295 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -63703 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 33397 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID CONTINO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUZANNE DALTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOHN RUBIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | PAMELA CORRIGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BERNICE MIEDZIUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | EXECUTIVE VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 21067 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 68293 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13749 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE DISABLED PERSONS WITH HOUSING. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 75384 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE DISABLED PERSONS WITH HOUSING FACILITIES & SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, & HAPPINESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 43816 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 10394 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 206239 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 206209 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 61890 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 43816 |
| IRS990EZ/TotalRevenueAmt | 0 | 75482 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 52379 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52477 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19788 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 52782 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50905 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 228331 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 98 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 281 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 373 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 610 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 212 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1574 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 106723 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99320 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99340 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 228331 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 52379 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52477 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 19788 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 52782 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50905 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 228331 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 229905 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 98. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CONTRACTS. AMOUNT: 450. DESCRIPTION: SECURITY. AMOUNT: 794. DESCRIPTION: DEPRECIATION. AMOUNT: 9,175. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 560. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 2,770. TOTAL TO FORM 990-EZ, LINE 16: 13,749. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE - TENANTS. BEG. OF YEAR AMOUNT: 21,017. END OF YEAR AMOUNT: 39,822. DESCRIPTION: ACCOUNTS RECEIVABLE - HUD. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 21,810. DESCRIPTION: MISCELLANEOUS CURRENT ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,661. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 21,336. END OF YEAR AMOUNT: 26,953. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 1,399. END OF YEAR AMOUNT: 1,399. DESCRIPTION: MORTGAGE. BEG. OF YEAR AMOUNT: 183,504. END OF YEAR AMOUNT: 175,163. DESCRIPTION: ACCRUED INTEREST PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,694. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK STORM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR OF FINANCE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8568488648 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARC READING SUPERVISED APARTMENTS CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARCR |
| ReturnHeader/Filer/EIN | 0 | 223607850 |
| ReturnHeader/Filer/PhoneNum | 0 | 8568488648 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1555 GATEWAY BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WEST DEPTFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 080961018 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 210650289 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KLATZKIN & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1670 WHITEHORSE HAM SQ RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HAMILTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 086903513 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6098909189 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS MARTIN |
| ReturnHeader/ReturnTs | 0 | 2015-11-03T13:21:41-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
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