Civic Intelligence

Mission First Housing Development Corporation

990 • Fiscal year 2024 • EIN 27-1824650

Jul 01, 2023 to Jun 30, 2024 • Filed on May 12, 2025

1330 New Hampshire Ave NW 116Washington, DC 20036-6350

(215) 557-8484

Siviq Scores

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

Liabilities / Assets

47th percentile

0.21x

Higher debt load relative to assets than 47% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

1.26x

Higher debt load relative to revenue than 79% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

93rd percentile

61%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$318,971

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-2.4%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$58,312,816

Up $5,337,367 (+10%) from 2023

Net Assets

Up

$46,084,308

Up $6,073,337 (+15%) from 2023

Liabilities

Down

$12,228,508

Down $735,970 (-5.7%) from 2023

Revenue

Down

$9,698,067

Down $242,602 (-2.4%) from 2023

Expenses

Up

$3,733,898

Up $1,234,108 (+49%) from 2023

Net Income

Down

$5,964,169

Down $1,476,710 (-20%) from 2023

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2011: $307,172Liabilities 2011: $682,603Net Assets 2011: -$375,4312011Assets 2012: $1,044,372Liabilities 2012: $1,382,578Net Assets 2012: -$338,2062012Assets 2013: $3,708,983Liabilities 2013: $1,196,669Net Assets 2013: $2,512,3142013Assets 2014: $5,897,145Liabilities 2014: $2,611,724Net Assets 2014: $3,285,4212014Assets 2015: $8,200,535Liabilities 2015: $4,416,374Net Assets 2015: $3,784,1612015Assets 2016: $9,588,560Liabilities 2016: $6,219,187Net Assets 2016: $3,369,3732016Assets 2017: $12,688,465Liabilities 2017: $7,859,955Net Assets 2017: $4,828,5102017Assets 2018: $23,665,397Liabilities 2018: $14,907,568Net Assets 2018: $8,757,8292018Assets 2020: $29,488,324Liabilities 2020: $13,990,644Net Assets 2020: $15,497,6802020Assets 2021: $36,635,688Liabilities 2021: $13,373,056Net Assets 2021: $23,262,6322021Assets 2022: $39,296,357Liabilities 2022: $12,630,547Net Assets 2022: $26,665,8102022Assets 2023: $52,975,449Liabilities 2023: $12,964,478Net Assets 2023: $40,010,9712023Assets 2024: $58,312,816Liabilities 2024: $12,228,508Net Assets 2024: $46,084,3082024

Highlighted filing

2024

Assets$58,312,816
Liabilities$12,228,508
Net Assets$46,084,308

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $581,8082011Expenses 2012: $906,5382012Expenses 2013: $1,031,6652013Revenue 2014: $3,056,551Expenses 2014: $2,283,444Net Income 2014: $773,1072014Revenue 2015: $3,104,791Expenses 2015: $2,606,051Net Income 2015: $498,7402015Revenue 2016: $2,894,486Expenses 2016: $3,309,274Net Income 2016: -$414,7882016Revenue 2017: $3,781,862Expenses 2017: $2,718,360Net Income 2017: $1,063,5022017Revenue 2018: $8,050,070Expenses 2018: $4,120,751Net Income 2018: $3,929,3192018Revenue 2020: $4,346,026Expenses 2020: $2,510,781Net Income 2020: $1,835,2452020Revenue 2021: $10,576,557Expenses 2021: $2,688,613Net Income 2021: $7,887,9442021Revenue 2022: $6,447,258Expenses 2022: $2,601,512Net Income 2022: $3,845,7462022Revenue 2023: $9,940,669Expenses 2023: $2,499,790Net Income 2023: $7,440,8792023Revenue 2024: $9,698,067Expenses 2024: $3,733,898Net Income 2024: $5,964,1692024

Highlighted filing

2024

Revenue$9,698,067
Expenses$3,733,898
Net Income$5,964,169
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$9,698,067
Mission and Program Overview

Mission

Mfhdc is a not-for-profit organization established for the purpose of developing affordable, safe and sustainable housing for people in need with a focus on the vulnerable. Development includes acquisition, rehabilitation, preservation and new construction across the mid-atlantic region.

Mfhdc develops affordable, safe and sustainable housing in the mid-atlantic region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$27,067,539$29,988,327▲ $2,920,788
Accounts Receivable$18,430,286$18,625,434▲ $195,148
Savings and Temporary Cash Investments$376,333$3,907,822▲ $3,531,489
Investments Other Securities$133,668$264,791▲ $131,123
Prepaid Expenses and Deferred Charges$2,067$2,989▲ $922
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$52,975,449$58,312,816▲ $5,337,367
Other Assets Total$6,965,556$5,523,453▼ $1,442,103
Liabilities
Other Liabilities$10,293,748$10,016,431▼ $277,317
Mortgage Notes Payable Secured by Investment Property$2,329,846$2,024,582▼ $305,264
Accounts Payable and Accrued Expenses$340,884$187,495▼ $153,389
Total Liabilities$12,964,478$12,228,508▼ $735,970
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,210,032$28,610,032▲ $6,400,000
Net Assets Without Donor Restrictions$17,800,939$17,474,276▼ $326,663
Total Net Assets Fund Balance$40,010,971$46,084,308▲ $6,073,337
Total Liabilities and Net Assets / Fund Balance$52,975,449$58,312,816▲ $5,337,367

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$22,903$22,903
Equipment$0$16,515$16,515
Other Assets Org$657,810--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah S ConstantSenior VP, Real Estate DevPT$225,883$32,754$258,637

Board Members and Trustees

NameTitle
Thomas Ak QueenanPresident & CEO
Chip DarlingVice President & COO
Robert KwaitAssistant Secretary, VP
Mark DeitcherAssistant Treasurer, VP
Christopher EverettSenior Development Manager
Elizabeth EverhartSenior Development Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$6,400,000
Program Service Revenue
$2,225,789
Investment Income
$678,031
Other Revenue
$394,247
Change in Net Assets
$5,964,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,816,861
Other Expenses$917,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,108,590$1,021,904-$2,130,494
Current Officers, Directors, Trustees, and Key Employees$134,580$124,057-$258,637
Other Employee Benefits$122,989$113,372-$236,361
Payroll Taxes$81,194$74,845-$156,039
Interest$129,340--$129,340
Occupancy$109,859--$109,859
Pension Plan Contributions$18,384$16,946-$35,330
All Other Expenses$6,818$22,075-$28,893
Office Expenses-$19,111-$19,111
Other Expenses$15,000$19,792-$15,000
Conferences and Meetings-$4,165-$4,165
Fees for Services Other-$3,254-$3,254
Travel-$2,698-$2,698
Total Functional Expenses$1,767,805$1,966,093$0$3,733,898
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
Due to Affiliated Entities$7,419,052
Developer Fees Payable$1,798,005
Other Accrued Expenses$537,733
Operating Lease$109,372
Guarantee Liability$83,972
Interest Payable$68,297
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of the organization is mission first housing group, inc.

Form 990, Part VI, Section A, Line 7A

Mission first housing group, inc. As the sole member, elects the board of directors.

Form 990, Part VI, Section B, Line 11B

The review of the 990 is overseen by operating management and the board of directors.

Form 990, Part VI, Section B, Line 12C

Monitoring and enforcing compliance annual disclosure statements are reviewed.

Form 990, Part VI, Section B, Line 15

The organization's policy is that the ceo, is formally reviewed by the board of directors on an annual basis. At this time, they also discuss salary and benefits for the coming year. The ceo then reviews all directors on an annual basis. The organization provides written job descriptions. During the review process, there is a formal review form which is signed by all parties. Salary and benefits are decided by industry comparability. The organization engages a consultant to review upper level management positions in terms of salary as compared to like/similar positions in the market to determine fair and equitable compensation packages.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents, conflict of interest policy, and financial statements available to the public upon request in either paper hardcopies or electronic copies. In addition, the organization submits its information to online sites such as guidestar and dun & bradstreet.

Filing and Contact Details

Filer

Filer Name
Mission First Housing Development
EIN
27-1824650
Phone
2155578484
Address
1330 NEW HAMPSHIRE AVE NW 116, WASHINGTON, DC 20036-6350

Signing Officer

Name
Mark Deitcher
Title
CFO
Phone
2155578484
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Ak Queenan
Formed
2010
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
0

Preparer

Firm
Mckonly & Asbury Llp
Address
415 FALLOWFIELD ROAD, CAMP HILL, PA 17011
Preparer
Alyssa N Irish
Phone
7177617910
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Amortization of guarantee liabilities, net 109,168.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The corporation adheres to the provisions of asc 740, income taxes (asc 740). Asc 740 establishes rules for recognizing and measuring tax positions taken in an income tax return, including disclosures of uncertain tax positions (utps). Asc 740 mandates that companies evaluate all material income tax positions for periods that remain open under applicable statutes of limitation, as well as positions expected to be taken in future returns. The utp rules then impose a recognition threshold on each tax position. An organization can recognize an income tax benefit only if the position has a "more likely than not" (i.e., more than 50 percent) chance of being sustained on the technical merits. For the years ended june 30, 2024 and 2023, the corporation has taken no material tax positions on its applicable tax filings that do not meet the "more likely than not" threshold. As a result, no amount for utps has been included in the consolidated financial statements. Management believes it is not subject to income tax examinations for years prior to 2021.

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IRS990/OtherExpensesGrp/TotalAmt0543874
IRS990/OtherExpensesGrp/TotalAmt141051
IRS990/OtherExpensesGrp/TotalAmt219792
IRS990/OtherExpensesGrp/TotalAmt315000
IRS990/OtherLiabilitiesGrp/BOYAmt010293748
IRS990/OtherLiabilitiesGrp/EOYAmt010016431
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SURPLUS CASH FROM RELATED AFFORDA
IRS990/OtherRevenueMiscGrp/Desc1ENERGY REBATE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0301394
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt165600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0301394
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt165600
IRS990/OtherRevenueTotalAmt0366994
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01021904
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01108590
IRS990/OtherSalariesAndWagesGrp/TotalAmt02130494
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027067539
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt029988327
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt074845
IRS990/PayrollTaxesGrp/ProgramServicesAmt081194
IRS990/PayrollTaxesGrp/TotalAmt0156039
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016946
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018384
IRS990/PensionPlanContributionsGrp/TotalAmt035330
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02067
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02989
IRS990/PrincipalOfficerNm0THOMAS AK QUEENAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0DEV. & CONSTRUCTION SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1REAL ESTATE SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02216988
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02216988
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18801
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06150000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0492724
IRS990/PYOtherExpensesAmt0631352
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03297945
IRS990/PYRevenuesLessExpensesAmt07440879
IRS990/PYSalariesCompEmpBnftPaidAmt01868438
IRS990/PYTotalExpensesAmt02499790
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09940669
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05964169
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt027253
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02620036
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0376333
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03907822
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0232536730
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt01260 HOUSING DEVELOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016515
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016515
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0841064
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11112264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2838007
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31046479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt42266
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5175583
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt699980
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7750000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt8657810
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATED AND RELATED ENTITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREDEVELOPMENT COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4SUPPORTIVE SERVICE RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTOR SERVICE RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7GRANT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8RIGHT OF USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022903
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07419052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11798005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt268297
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt383972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4537733
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5109372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATED ENTITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEVELOPER FEES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3GUARANTEE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5OPERATING LEASE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION ADHERES TO THE PROVISIONS OF ASC 740, INCOME TAXES (ASC 740). ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT COMPANIES EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. AN ORGANIZATION CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE CORPORATION HAS TAKEN NO MATERIAL TAX POSITIONS ON ITS APPLICABLE TAX FILINGS THAT DO NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD. AS A RESULT, NO AMOUNT FOR UTPS HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT BELIEVES IT IS NOT SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05523453
IRS990ScheduleD/TotalLiabilityAmt010016431
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1225883
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount14745
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt24302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt33954
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt43700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt53300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0310101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2209145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3189623
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4178387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5166602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6132564

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.3$12.2$46.1$9.70$3.73$5.96
2023Detailed filing. Detailed filing data is available for this year.$53.0$13.0$40.0$9.94$2.50$7.44
2022Detailed filing. Detailed filing data is available for this year.$39.3$12.6$26.7$6.45$2.60$3.85
2021Detailed filing. Detailed filing data is available for this year.$36.6$13.4$23.3$10.6$2.69$7.89
2020Detailed filing. Detailed filing data is available for this year.$29.5$14.0$15.5$4.35$2.51$1.84
2018Detailed filing. Detailed filing data is available for this year.$23.7$14.9$8.76$8.05$4.12$3.93
2017Detailed filing. Detailed filing data is available for this year.$12.7$7.86$4.83$3.78$2.72$1.06
2016Detailed filing. Detailed filing data is available for this year.$9.59$6.22$3.37$2.89$3.31$0.41
2015Detailed filing. Detailed filing data is available for this year.$8.20$4.42$3.78$3.10$2.61$0.50
2014Detailed filing. Detailed filing data is available for this year.$5.90$2.61$3.29$3.06$2.28$0.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$1.20$2.51$1.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.38$0.34$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.68$0.38$0.58