Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Liabilities / Revenue
44th percentile
Higher debt load relative to revenue than 44% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Assets
Down$1,990,538
Down $89,679 (-4.3%) from 2018
Net Assets
Down-$691,189
Down $10,991 (-1.6%) from 2018
Liabilities
Down$2,681,727
Down $78,688 (-2.9%) from 2018
Revenue
Up$606,462
Up $8,100 (+1.4%) from 2018
Expenses
Up$617,453
Up $22,190 (+3.7%) from 2018
Net Income
Down-$10,991
Down $14,090 (-455%) from 2018
The exempt purpose is to provide housing to low income elderly or handicapped individuals. The subsidized rentals from the dept of housing and urban development make this possible.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,393,294 | $1,297,693 | ▼ $95,601 |
| Intangible Assets | $156,384 | $150,697 | ▼ $5,687 |
| Savings and Temporary Cash Investments | $23,912 | $21,842 | ▼ $2,070 |
| Cash and Non-Interest-Bearing Accounts | $8,265 | $20,598 | ▲ $12,333 |
| Prepaid Expenses and Deferred Charges | $28,952 | $4,926 | ▼ $24,026 |
| Accounts Receivable | $2,016 | $3,715 | ▲ $1,699 |
| Total Assets | $2,080,217 | $1,990,538 | ▼ $89,679 |
| Other Assets Total | $467,394 | $491,067 | ▲ $23,673 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,689,159 | $2,634,444 | ▼ $54,715 |
| Other Liabilities | $41,045 | $36,826 | ▼ $4,219 |
| Accounts Payable and Accrued Expenses | $28,152 | $6,978 | ▼ $21,174 |
| Deferred Revenue | $2,059 | $3,479 | ▲ $1,420 |
| Total Liabilities | $2,760,415 | $2,681,727 | ▼ $78,688 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-680,198 | $-691,189 | ▼ $10,991 |
| Total Net Assets Fund Balance | $-680,198 | $-691,189 | ▼ $10,991 |
| Total Liabilities and Net Assets / Fund Balance | $2,080,217 | $1,990,538 | ▼ $89,679 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,140,327 | $2,258,252 | $3,398,579 |
| Land | $118,638 | - | $118,638 |
| Equipment | $38,728 | $57,193 | $95,921 |
| Other Land Buildings | - | $11,518 | $11,518 |
| Other Assets Org | $50 | - | - |
| Name | Title |
|---|---|
| Jimmy Parker | Chair |
| Steve Strickland | Vice Chair |
| Bill Wenzel | Secretary/tr |
| Line Item | Amount |
|---|---|
| Other Expenses | $617,453 |
| 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 |
|---|---|---|---|---|
| Interest | $105,856 | - | - | $105,856 |
| Depreciation Depletion | $101,288 | - | - | $101,288 |
| Occupancy | $93,838 | - | - | $93,838 |
| Fees for Services Other | $43,611 | - | - | $43,611 |
| Fees for Services Management | - | $42,945 | - | $42,945 |
| All Other Expenses | $32,725 | - | - | $32,725 |
| Other Expenses | $23,884 | - | - | $23,884 |
| Fees for Services Accounting | - | $22,139 | - | $22,139 |
| Total Functional Expenses | $552,369 | $65,084 | $0 | $617,453 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $617,453 |
| Total Expenses per Audited Statements | $617,453 |
| Total Expenses per Form 990 | $617,453 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $21,842 |
| Accrued Interest | $8,738 |
| Accrued Management Fees | $2,383 |
| Operating Advance - C&s Jc | $2,000 |
| Accrued Payroll Taxes | $1,863 |
“Beginning in 2014, the project became self-managed. The project entered into a management agreement allowing for a management fee equal to 7.71% of rent collected. For the year ended december 31, 2019, the fee amounted to 42,945. Per agreement with hud, the project operating account is allowed to transfer this money to an entity maintained bank account and is allowed to use these funds in its entity operations. During the year ended december 31, 2019, the project transferred 43,611 to an entity maintained bank account. This amount has been reflected on the project's statement of activities in account number 7105 entity revenue. For the year ended december 31, 2019, the project used 43,611 of these funds to reimburse community & senior services of johnston county ('css') for providing contract services. This amount has been reflected on the project's statement of activities in account number 7190 other expenses. In addition, the project reimbursed css 16,639 for providing front line administrative and accounting services.”
“No review was or will be conducted.”
“No documents available to the public”
“Income taxes: the project has been classified as an other-than private foundation and is tax-exempt under section 501(c)(3) of the internal revenue code. The project is subject to a tax on income from any unrelated business. At december 31, 2019, the project had no unrelated business income. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The project has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The project believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the project's financial condition, results of operations or cash flows. Accordingly, the project has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2019. The project is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The project believes it is no longer subject to income tax examinations for years prior to 2016.”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 28152 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6978 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2016 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3715 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE EXEMPT PURPOSE IS TO PROVIDE HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED INDIVIDUALS. THE SUBSIDIZED RENTALS FROM THE DEPT OF HOUSING AND URBAN DEVELOPMENT MAKE THIS POSSIBLE. |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 32725 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 32725 |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | COMM & SR SERVICES OF JOHNSTON CO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9199346066 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1363 WEST MARKET STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SMITHFIELD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27577 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 8265 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 20598 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 284 |
| IRS990/CYOtherExpensesAmt | 0 | 617453 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 606178 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -10991 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 617453 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 606462 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 2059 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3479 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 101288 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 101288 |
| IRS990/Desc | 0 | THE EXEMPT PURPOSE IS TO PROVIDE HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED INDIVIDUALS. THE SUBSIDIZED RENTALS FROM THE DEPT OF HOUSING AND URBAN DEVELOPMENT MAKE THIS POSSIBLE. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 552369 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 22139 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 22139 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 42945 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 42945 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 43611 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 43611 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| 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/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JIMMY PARKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | STEVE STRICKLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BILL WENZEL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 606462 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 156384 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 150697 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 105856 |
| IRS990/InterestGrp/TotalAmt | 0 | 105856 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 284 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 284 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2326963 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1393294 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1297693 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3624656 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| 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 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE EXEMPT PURPOSE IS TO PROVIDE HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED INDIVIDUALS. THE SUBSIDIZED RENTALS FROM THE DEPT OF HOUSING AND URBAN DEVELOPMENT MAKE THIS POSSIBLE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2689159 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2634444 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -680198 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -691189 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -680198 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -691189 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 93838 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 93838 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 467394 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 491067 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 1 | PAYROLL |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | OFFICE SALARIES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 86426 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 34943 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 29798 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 23884 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 86426 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 34943 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 29798 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 23884 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 41045 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 36826 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 28952 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4926 |
| IRS990/PrincipalOfficerNm | 0 | JIMMY PARKER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | HUD SUBSIDIZED APARTMENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | HUD ALLOWED SELF CHGD MGT FEE |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 562567 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 43611 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 562567 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 43611 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 240 |
| IRS990/PYOtherExpensesAmt | 0 | 595263 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 598122 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 3099 |
| IRS990/PYTotalExpensesAmt | 0 | 595263 |
| IRS990/PYTotalRevenueAmt | 0 | 598362 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -10991 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 606178 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 23912 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 21842 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 606178 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 555665 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 546702 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 542169 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 527706 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2778420 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 284 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 240 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 203 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 183 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 164 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1074 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 127927 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2778420 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 606178 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 555665 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 546702 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 542169 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 527706 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2778420 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2779494 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1140327 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2258252 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3398579 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 38728 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 57193 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 95921 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 617453 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 118638 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 118638 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 236284 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 128183 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 126550 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 50 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESERVE FOR REPLACEMENTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | OTHER RESERVES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | UTILITY DEPOSITS |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 11518 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 11518 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 21842 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 8738 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 2383 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 2000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 1863 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED MANAGEMENT FEES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | OPERATING ADVANCE - C&S JC |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | ACCRUED PAYROLL TAXES |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 606462 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME TAXES: THE PROJECT HAS BEEN CLASSIFIED AS AN OTHER-THAN PRIVATE FOUNDATION AND IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. AT DECEMBER 31, 2019, THE PROJECT HAD NO UNRELATED BUSINESS INCOME. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE PROJECT HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE PROJECT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE PROJECT'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE PROJECT HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2019. THE PROJECT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PROJECT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2016. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1297693 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 491067 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 617453 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 36826 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 606462 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 606462 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 617453 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BEGINNING IN 2014, THE PROJECT BECAME SELF-MANAGED. THE PROJECT ENTERED INTO A MANAGEMENT AGREEMENT ALLOWING FOR A MANAGEMENT FEE EQUAL TO 7.71% OF RENT COLLECTED. FOR THE YEAR ENDED DECEMBER 31, 2019, THE FEE AMOUNTED TO 42,945. PER AGREEMENT WITH HUD, THE PROJECT OPERATING ACCOUNT IS ALLOWED TO TRANSFER THIS MONEY TO AN ENTITY MAINTAINED BANK ACCOUNT AND IS ALLOWED TO USE THESE FUNDS IN ITS ENTITY OPERATIONS. DURING THE YEAR ENDED DECEMBER 31, 2019, THE PROJECT TRANSFERRED 43,611 TO AN ENTITY MAINTAINED BANK ACCOUNT. THIS AMOUNT HAS BEEN REFLECTED ON THE PROJECT'S STATEMENT OF ACTIVITIES IN ACCOUNT NUMBER 7105 ENTITY REVENUE. FOR THE YEAR ENDED DECEMBER 31, 2019, THE PROJECT USED 43,611 OF THESE FUNDS TO REIMBURSE COMMUNITY & SENIOR SERVICES OF JOHNSTON COUNTY ('CSS') FOR PROVIDING CONTRACT SERVICES. THIS AMOUNT HAS BEEN REFLECTED ON THE PROJECT'S STATEMENT OF ACTIVITIES IN ACCOUNT NUMBER 7190 OTHER EXPENSES. IN ADDITION, THE PROJECT REIMBURSED CSS 16,639 FOR PROVIDING FRONT LINE ADMINISTRATIVE AND ACCOUNTING SERVICES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2080217 |
| IRS990/TotalAssetsEOYAmt | 0 | 1990538 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2080217 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1990538 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 65084 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 552369 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 617453 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2760415 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2681727 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2760415 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2681727 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -680198 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -691189 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 552369 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 606178 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 562851 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 43611 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 606462 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2080217 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1990538 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 1363 WEST MARKET STREET |
| IRS990/USAddress/CityNm | 0 | SMITHFIELD |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27577 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIMMY PARKER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9199346066 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-10-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRIANGLE ELDERLY HOUSING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRIA |
| ReturnHeader/Filer/EIN | 0 | 272090858 |
| ReturnHeader/Filer/PhoneNum | 0 | 9199346066 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1363 WEST MARKET STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SMITHFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27577 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 72E4654AF3618287BA0899A0C2D271D2119A5832 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 1B0D1E947ACFC18695838ABC531BEF7A9D9E18CB |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 52.38.98.93 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-11 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:33:35 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561425237 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | O DOUGLAS COVINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1031 SUMMIT AVE STE 2E1 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREENSBORO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27405 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3362725618 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | O DOUGLAS COVINGTON |
| ReturnHeader/ReturnTs | 0 | 2020-11-11T14:33:35-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.