Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Down$550,640
Down $12,392 (-2.2%) from 2015
Net Assets
Down$540,275
Down $7,636 (-1.4%) from 2015
Liabilities
Down$10,365
Down $4,756 (-31%) from 2015
Revenue
Down$46,489
Down $509 (-1.1%) from 2015
Expenses
Up$54,125
Up $2,686 (+5.2%) from 2015
Net Income
Down-$7,636
Down $3,195 (-72%) from 2015
The corporation is a nonprofit corporation organized under the laws of texas on august 11, 2008,for the purpose of developing and operating an apartment complex of 6 units (one for mgr.) for developmentally disadvantaged citizens in corpus christi, texas. The project will operate under the provisions of section 811 of the national housing act and regulated by the u.s.department of hud. Such projects are regulated by hud as to rent charges and operating methods. The construction was completed in september 2010. Rent on the apartment units began november 2010.total housing assistance from hud during the year ended december 31, 2015 was $37,582.the project has executed a $550,840 capital advance agreement with u.s. Department of housting and urban development (hud), which requires the utilization of the project pursuant to section 811 for minimum of 40 years.the project received a $85,000 home investment partnership(home) program grant funded through the city of corpus christi, texas.
The corporation is a nonprofit corporation organized under the laws of texas on august 11, 2008, for the purpose of developing and operating an apartment complex of 6 units for developmentally disadvantaged citizens in corpus christi, texas. The project will operate under the provisions of section 811 of the national housing act and regulated by the u.s. Department of hud. Such projects are regulated by hud as to rent charges and operating methods. The construction was completed in september 2010. Rent on the apartment units began november 2010. Housing assistance from hud during the year ended december 31,2016 was $37,700. The project has executed a $550,840 capital advance agreement with u.s. Department of housting and urban development (hud), which requires the utilization of the project pursuant to section 811 for minimum of 40 years. The project received a $85,000 home investment partnership(home) program grant funded through the city of corpus christi, texas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $557,622 | $543,021 | ▼ $14,601 |
| Savings and Temporary Cash Investments | $1,711 | $4,687 | ▲ $2,976 |
| Cash and Non-Interest-Bearing Accounts | $2,458 | $1,575 | ▼ $883 |
| Prepaid Expenses and Deferred Charges | $1,241 | $1,357 | ▲ $116 |
| Total Assets | $563,032 | $550,640 | ▼ $12,392 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $11,760 | $9,207 | ▼ $2,553 |
| Mortgage Notes Payable Secured by Investment Property | $2,215 | $0 | ▼ $2,215 |
| Other Liabilities | $1,146 | $1,158 | ▲ $12 |
| Total Liabilities | $15,121 | $10,365 | ▼ $4,756 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $635,840 | $635,840 | → $0 |
| Unrestricted Net Assets | $-87,929 | $-95,565 | ▼ $7,636 |
| Total Net Assets Fund Balance | $547,911 | $540,275 | ▼ $7,636 |
| Total Liabilities and Net Assets / Fund Balance | $563,032 | $550,640 | ▼ $12,392 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $494,021 | $90,029 | $584,050 |
| Land | $49,000 | - | $49,000 |
| Name | Title |
|---|---|
| Judy Telge | President |
| Judy Loverde | Vice President |
| Daniel Gallegos | Director |
| Deborah Sherrill | Director |
| Jon Harwood | Director |
| Sue Corey | Secretary |
| David Walker | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $54,125 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $17,543 | - | - | $17,543 |
| Depreciation Depletion | $14,601 | - | - | $14,601 |
| Insurance | $5,011 | - | - | $5,011 |
| Fees for Services Management | - | $4,603 | - | $4,603 |
| Fees for Services Accounting | $3,370 | - | - | $3,370 |
| Office Expenses | $2,267 | - | - | $2,267 |
| Other Expenses | $1,636 | - | - | $1,636 |
| Occupancy | $1,470 | - | - | $1,470 |
| Interest | $33 | - | - | $33 |
| Total Functional Expenses | $49,522 | $4,603 | $0 | $54,125 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $54,125 |
| Total Expenses per Audited Statements | $54,125 |
| Total Expenses per Form 990 | $54,125 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $1,076 |
| Deferred Revenue | $82 |
“In may, 2010, suzanne smith management company signed a management agreement to provide management services. The fee for services is ten percent (10%) of gross residential income collected. Total mangement fee for the year ended december 31, 2016 was $4,603. All employees of the project are actually employees of the management company. Total salary, wages, taxes and benefits paid or accured during 2016 were $17,543.”
“There are no additional committees, and as such, no additional minutes.”
“A copy of the form 990 has been provided to the organization's governing body, and they review it prior to sending to the irs.”
“The corporation will furnish a copy of the forms 1023 and/or 990 upon written request.”
“The governing documents, financial statements, and form 990 are available upon request.”
“Salaries, payroll taxes and insurance: program service expenses 17,543. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,543.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11760 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9207 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF TEXAS ON AUGUST 11, 2008, FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 6 UNITS FOR DEVELOPMENTALLY DISADVANTAGED CITIZENS IN CORPUS CHRISTI, TEXAS. THE PROJECT WILL OPERATE UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HUD. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE CONSTRUCTION WAS COMPLETED IN SEPTEMBER 2010. RENT ON THE APARTMENT UNITS BEGAN NOVEMBER 2010. HOUSING ASSISTANCE FROM HUD DURING THE YEAR ENDED DECEMBER 31,2016 WAS $37,700. THE PROJECT HAS EXECUTED A $550,840 CAPITAL ADVANCE AGREEMENT WITH U.S. DEPARTMENT OF HOUSTING AND URBAN DEVELOPMENT (HUD), WHICH REQUIRES THE UTILIZATION OF THE PROJECT PURSUANT TO SECTION 811 FOR MINIMUM OF 40 YEARS. THE PROJECT RECEIVED A $85,000 HOME INVESTMENT PARTNERSHIP(HOME) PROGRAM GRANT FUNDED THROUGH THE CITY OF CORPUS CHRISTI, TEXAS. |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SUZANNE SMITH MANAGEMENT COMPANY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2105310577 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1818 SOUTH NEW BRAUNFELS |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SAN ANTONIO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78210 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2458 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1575 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 54125 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 46489 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -7636 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 54125 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 46489 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 14601 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 14601 |
| IRS990/Desc | 0 | THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF TEXAS ON AUGUST 11, 2008, FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 6 UNITS (ONE TO BE USED BY THE MANAGER) FOR DEVELOPMENTALLY DISADVANTAGED CITIZENS IN CORPUS CHRISTI, TEXAS. THE PROJECT WILL OPERATE UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT(HUD). SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE CONSTRUCTION WAS COMPLETED IN SEPTEMBER 2010. RENT ON THE APARTMENT UNITS BEGAN NOVEMBER 2010. TOTAL HOUSING ASSISTANCE FROM HUD DURING THE YEAR ENDED DECEMBER 31,2016 WAS $37,700.THE PROJECT HAS EXECUTED A $550,840 CAPITAL ADVANCE AGREEMENT WITH U.S. DEPARTMENT OF HOUSTING AND URBAN DEVELOPMENT (HUD), WHICH REQUIRES THE UTILIZATION OF THE PROJECT PURSUANT TO SECTION 811 FOR MINIMUM OF 40 YEARS. THE PROJECT RECEIVED A $85,000 HOME INVESTMENT PARTNERSHIP(HOME) PROGRAM GRANT FUNDED THROUGH THE CITY OF CORPUS CHRISTI, TEXAS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 49522 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 3370 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3370 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 4603 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 4603 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 17543 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 17543 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DANIEL GALLEGOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DEBORAH SHERRILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JON HARWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JUDY TELGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JUDY LOVERDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SUE COREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID WALKER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 46489 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 5011 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5011 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 33 |
| IRS990/InterestGrp/TotalAmt | 0 | 33 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 90029 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 557622 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 543021 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 633050 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF TEXAS ON AUGUST 11, 2008,FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 6 UNITS (ONE FOR MGR.) FOR DEVELOPMENTALLY DISADVANTAGED CITIZENS IN CORPUS CHRISTI, TEXAS. THE PROJECT WILL OPERATE UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S.DEPARTMENT OF HUD. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE CONSTRUCTION WAS COMPLETED IN SEPTEMBER 2010. RENT ON THE APARTMENT UNITS BEGAN NOVEMBER 2010.TOTAL HOUSING ASSISTANCE FROM HUD DURING THE YEAR ENDED DECEMBER 31, 2016 WAS $37,700.THE PROJECT HAS EXECUTED A $550,840 CAPITAL ADVANCE AGREEMENT WITH U.S. DEPARTMENT OF HOUSTING AND URBAN DEVELOPMENT (HUD), WHICH REQUIRES THE UTILIZATION OF THE PROJECT PURSUANT TO SECTION 811 FOR MINIMUM OF 40 YEARS.THE PROJECT RECEIVED A $85,000 HOME INVESTMENT PARTNERSHIP(HOME) PROGRAM GRANT FUNDED THROUGH THE CITY OF CORPUS CHRISTI, TEXAS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2215 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 547911 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 540275 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 1470 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1470 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 2267 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2267 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTS AND SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER ADMINISTRATIVE EX |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3591 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1636 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3591 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1636 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1146 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1158 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1241 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1357 |
| IRS990/PrincipalOfficerNm | 0 | JUDY TELGE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL REVENUE - SECTI |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | RENTAL REVENUE - TENAN |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | RENTAL REVENUE - OTHER |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 37700 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 8320 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 469 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 37700 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 8320 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 469 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 7 |
| IRS990/PYOtherExpensesAmt | 0 | 51439 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 46991 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -4441 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 51439 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 46998 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -7636 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 46489 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1711 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4687 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 7 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 46489 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 46991 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 49337 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 33693 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 34092 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 210602 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 7 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 7 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 210602 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 46489 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 46991 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 49337 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 33693 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34092 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 210602 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 46489 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 46998 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 49337 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 33693 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 34092 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 210609 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 494021 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 90029 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 584050 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 54125 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 49000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 49000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1076 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 82 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DEFERRED REVENUE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 46489 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 543021 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 54125 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1158 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 46489 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 46489 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 54125 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN MAY, 2010, SUZANNE SMITH MANAGEMENT COMPANY SIGNED A MANAGEMENT AGREEMENT TO PROVIDE MANAGEMENT SERVICES. THE FEE FOR SERVICES IS TEN PERCENT (10%) OF GROSS RESIDENTIAL INCOME COLLECTED. TOTAL MANGEMENT FEE FOR THE YEAR ENDED DECEMBER 31, 2016 WAS $4,603. ALL EMPLOYEES OF THE PROJECT ARE ACTUALLY EMPLOYEES OF THE MANAGEMENT COMPANY. TOTAL SALARY, WAGES, TAXES AND BENEFITS PAID OR ACCURED DURING 2016 WERE $17,543. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THERE ARE NO ADDITIONAL COMMITTEES, AND AS SUCH, NO ADDITIONAL MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A COPY OF THE FORM 990 HAS BEEN PROVIDED TO THE ORGANIZATION'S GOVERNING BODY, AND THEY REVIEW IT PRIOR TO SENDING TO THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CORPORATION WILL FURNISH A COPY OF THE FORMS 1023 AND/OR 990 UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SALARIES, PAYROLL TAXES AND INSURANCE: PROGRAM SERVICE EXPENSES 17,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,543. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxableDistributionsInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 635840 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 635840 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 563032 |
| IRS990/TotalAssetsEOYAmt | 0 | 550640 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 563032 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 550640 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 4603 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 49522 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 54125 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 15121 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 10365 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 15121 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 10365 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 547911 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 540275 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 49522 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 46489 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 46489 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 46489 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 563032 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 550640 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -87929 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -95565 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 6622 SAHARA DR |
| IRS990/USAddress/CityNm | 0 | CORPUS CHRISTI |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78142 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | NONE |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JUDY TELGE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2105310577 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | 1602 SOUTH STAPLES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 1602 |
| ReturnHeader/Filer/EIN | 0 | 263674070 |
| ReturnHeader/Filer/PhoneNum | 0 | 2105310577 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 10278 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAN ANTONIO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78210 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 45B273F8DFB2D4D779E6ACBFBBDCE23C99624B4D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | B730F4D35BC754A63A270C5E4FB07BAA4B0C6719 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.173.225.130 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-05-04 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:07:21 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 742386663 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HAASS LINDOW & CAMPSEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8122 DATAPOINT DR SUITE 830 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN ANTONIO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78229 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2106970660 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-05-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAROLINE LINDOW |
| ReturnHeader/ReturnTs | 0 | 2017-05-12T08:28:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.