Victory Oaks Inc

990 • Fiscal year 2017 • EIN 26-4381436

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 09, 2017

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

0.16x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

2.85x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

-81%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

$356,617

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 95.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

-4.2%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

0.6%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets50th percentile

Assets

Down

$6,607,052

Down $292,781 (-4.2%) from 2016

Net Assets

Down

$5,545,619

Down $300,682 (-5.1%) from 2016

Liabilities

$1,061,433

Up $7,901 (+0.7%) from 2016

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin3rd percentile

Revenue

$372,105

Up $2,242 (+0.6%) from 2016

Expenses

$672,787

Up $2,571 (+0.4%) from 2016

Net Income

Down

-$300,682

Down $329 (-0.1%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

Highlighted filing

2017

Assets$6,607,052

Liabilities$1,061,433

Net Assets$5,545,619

Open 2017 Filing

Operations Trend

Revenue Growth37th percentile

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

Highlighted filing

2017

Revenue$372,105

Expenses$672,787

Net Income-$300,682

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2016 to Jun 30, 2017
Signed: Oct 9, 2017
Return Version: 2016v3.0
Gross Receipts: $372,105

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$6,701,153	$6,375,977	▼ $325,176
Prepaid Expenses and Deferred Charges	$7,500	$9,817	▲ $2,317
Accounts Receivable	-	$7,985	-
Cash and Non-Interest-Bearing Accounts	$2,270	$760	▼ $1,510
Savings and Temporary Cash Investments	-	$0	-
Other Notes and Loans Receivable, Net	-	$0	-
Pledges and Grants Receivable	-	$0	-
Receivable From Disqualified Prsn	-	$0	-
Receivables From Officers Etc	-	$0	-
Investments Other Securities	-	$0	-
Investments Program Related	-	$0	-
Investments in Publicly Traded Securities	-	$0	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$6,899,833	$6,607,052	▼ $292,781
Other Assets Total	$188,910	$212,513	▲ $23,603
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,000,000	$1,000,000	→ $0
Accounts Payable and Accrued Expenses	$21,982	$32,169	▲ $10,187
Other Liabilities	$31,550	$29,197	▼ $2,353
Deferred Revenue	-	$67	-
Total Liabilities	$1,053,532	$1,061,433	▲ $7,901
Net Assets / Fund Balance
Unrestricted Net Assets	$5,846,301	$5,545,619	▼ $300,682
Total Net Assets Fund Balance	$5,846,301	$5,545,619	▼ $300,682
Total Liabilities and Net Assets / Fund Balance	$6,899,833	$6,607,052	▼ $292,781

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$5,494,553	$725,695	$6,220,248
Leasehold Improvements	$852,582	$387,851	$1,240,433
Other Land Buildings	$28,355	$394,746	$423,101
Equipment	$487	$6,813	$7,300

Compensation and Service Providers

Top Officer Pay91st percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
Leila a Finucane	President & CEO
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Barry Knestout	Director
Rev Msgr Ralph Kuehner	Director
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $372,034
Investment Income: $71
Other Revenue: $0
Change in Net Assets: $-300,682

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$590,663
Salaries, Compensation, and Employee Benefits	$82,124
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$325,177	-	-	$325,177
Other Salaries and Wages	$55,096	-	-	$55,096
Fees for Services Management	-	$24,402	-	$24,402
All Other Expenses	$20,874	$2,058	-	$22,932
Other Employee Benefits	$20,023	-	-	$20,023
Other Expenses	$11,004	-	-	$11,004
Fees for Services Accounting	-	$9,600	-	$9,600
Payroll Taxes	$7,005	-	-	$7,005
Office Expenses	$5,453	-	-	$5,453
Fees for Services Legal	$1,163	-	-	$1,163
Advertising	$693	-	-	$693
Travel	$95	-	-	$95
Total Functional Expenses	$636,727	$36,060	$0	$672,787

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Victory Terrace Lp	Rockville, MD	Real Estate	$22,745	$6,375,953	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-104	$3,321	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-23	$2,289	0.00%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-41	$1,497	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$17	$1,238	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-39	$1,090	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-17	$1,008	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-25	$974	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-18	$918	0.01%	Yes
Covenant Village Gp	Germantown, MD	Real Estate	$-9	$258	25%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-104	$3,321	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-23	$2,289	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$15,423
Misc Current Liabilities	$12,559
Misc Long-term Liabilities	$1,215

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: No
Backup withholding compliance: No
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: No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft of form 990 is provided to board members for review and approval prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Victory Oaks Inc
EIN: 26-4381436
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: Leila a Finucane
Title: President & CEO
Signed: 2017-10-09

Organization Details

Principal Officer: Leila a Finucane
Formed: 2009
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
Employees: 0

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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	71
IRS990/InvestmentInJointVentureInd	0	false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/EOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/InvestTaxExemptBondsInd	0	false
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	1515105
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	6701153
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	6375977
IRS990/LandBldgEquipCostOrOtherBssAmt	0	7891082
IRS990/LegalDomicileStateCd	0	MD
IRS990/LicensedMoreThanOneStateInd	0	false
IRS990/LoanOutstandingInd	0	false
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	false
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1000000
IRS990/NetAssetsOrFundBalancesBOYAmt	0	5846301
IRS990/NetAssetsOrFundBalancesEOYAmt	0	5545619
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	5453
IRS990/OfficeExpensesGrp/TotalAmt	0	5453
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	188910
IRS990/OtherAssetsTotalGrp/EOYAmt	0	212513
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	20023
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	20023
IRS990/OtherExpensesGrp/Desc	0	REPAIRS / MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	GROUND LEASE
IRS990/OtherExpensesGrp/Desc	3	HAZARD INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	116293
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	43851
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	30000
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	11004
IRS990/OtherExpensesGrp/TotalAmt	0	116293
IRS990/OtherExpensesGrp/TotalAmt	1	43851
IRS990/OtherExpensesGrp/TotalAmt	2	30000
IRS990/OtherExpensesGrp/TotalAmt	3	11004
IRS990/OtherLiabilitiesGrp/BOYAmt	0	31550
IRS990/OtherLiabilitiesGrp/EOYAmt	0	29197
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	55096
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	55096
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	7005
IRS990/PayrollTaxesGrp/TotalAmt	0	7005
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	7500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	9817
IRS990/PrincipalOfficerNm	0	LEILA A FINUCANE
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	118668
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	248426
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	4940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	118668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	248426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	4940
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	60
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	596592
IRS990/PYProgramServiceRevenueAmt	0	369803
IRS990/PYRevenuesLessExpensesAmt	0	-300353
IRS990/PYSalariesCompEmpBnftPaidAmt	0	73624
IRS990/PYTotalExpensesAmt	0	670216
IRS990/PYTotalRevenueAmt	0	369863
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-300682
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	372145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	372145
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	71
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	60
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	48
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	35
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	10
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	367094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	366228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	367792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	366169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	241290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1708573
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	71
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	60
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	48
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	35
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	10
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	224
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00010
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	4940
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	3575
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	5081
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	6219
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	2769
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	22584
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.98920
IRS990ScheduleA/PublicSupportPY509Pct	0	0.99170
IRS990ScheduleA/PublicSupportTotal509Amt	0	2080718
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	367094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	366228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	367792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	366169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	613435
IRS990ScheduleA/Total509Grp/TotalAmt	0	2080718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	372105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	369863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	372921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	372423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	616214
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2103526
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	5494553
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	725695
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	6220248
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	487
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	6813
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	7300
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	852582
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	387851
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	1240433
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	28355
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	394746
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	423101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	12559
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	1215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	15423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	6375977
IRS990ScheduleD/TotalLiabilityAmt	0	29197
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	356617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	150669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205818
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JEFFREY BLACKWELL

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,607,052
Liabilities: $1,061,433
Net assets: $5,545,619
Revenue: $372,105
Expenses: $672,787
Net income: -$300,682

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.76	$1.84	$3.92	$0.51	$0.77	$0.26
2023Detailed filing. Detailed filing data is available for this year.	$5.95	$1.77	$4.18	$0.25	$0.37	$0.12
2022Detailed filing. Detailed filing data is available for this year.	$5.53	$1.03	$4.50	$0.51	$0.81	$0.30
2021Detailed filing. Detailed filing data is available for this year.	$5.79	$0.99	$4.80	$0.53	$0.67	$0.14
2020Detailed filing. Detailed filing data is available for this year.	$5.94	$1.00	$4.94	$0.45	$0.67	$0.22
2019Detailed filing. Detailed filing data is available for this year.	$6.20	$1.04	$5.16	$0.46	$0.62	$0.17
2018Detailed filing. Detailed filing data is available for this year.	$6.36	$1.04	$5.32	$0.42	$0.64	$0.22
2017Detailed filing. Detailed filing data is available for this year.	$6.61	$1.06	$5.55	$0.37	$0.67	$0.30
2016Detailed filing. Detailed filing data is available for this year.	$6.90	$1.05	$5.85	$0.37	$0.67	$0.30
2015Detailed filing. Detailed filing data is available for this year.	$7.21	$1.06	$6.15	$0.37	$0.66	$0.29
2014Detailed filing. Detailed filing data is available for this year.	$7.51	$1.08	$6.43	$0.37	$0.65	$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$7.80	$1.09	$6.71		$4.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.72	$2.50	$4.22		$0.01