Civic Intelligence

Myers Senior Residence

EIN 27-3230057 • 501(c)3 • Newark, NJ

Profile

The organization provides 50 units of residential housing for low-income elderly tenants

Refreshing map…

590 North 7th StreetNewark, NJ 07107

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.61x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

25th percentile

-2.5%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

1.1%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$8,923,510

Down $230,381 (-2.5%) from 2021

Liabilities

Up

$280,491

Up $59,988 (+27%) from 2021

Net Assets

Down

$8,643,019

Down $290,369 (-3.3%) from 2021

Operations
Liabilities / Revenue78th percentileNet Margin6th percentile

Revenue

Up

$458,331

Up $5,201 (+1.1%) from 2021

Expenses

Down

$722,587

Down $19,246 (-2.6%) from 2021

Net Income

Up

-$264,256

Up $24,447 (+8.5%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2013: $11,307,773Liabilities 2013: $638,322Net Assets 2013: $10,669,4512013Assets 2014: $10,732,359Liabilities 2014: $209,089Net Assets 2014: $10,523,2702014Assets 2015: $10,540,617Liabilities 2015: $219,292Net Assets 2015: $10,321,3252015Assets 2016: $10,191,485Liabilities 2016: $139,270Net Assets 2016: $10,052,2152016Assets 2017: $10,014,358Liabilities 2017: $174,681Net Assets 2017: $9,839,6772017Assets 2018: $9,785,548Liabilities 2018: $151,341Net Assets 2018: $9,634,2072018Assets 2019: $9,546,666Liabilities 2019: $168,887Net Assets 2019: $9,377,7792019Assets 2020: $9,406,858Liabilities 2020: $177,603Net Assets 2020: $9,229,2552020Assets 2021: $9,153,891Liabilities 2021: $220,503Net Assets 2021: $8,933,3882021Assets 2022: $8,923,510Liabilities 2022: $280,491Net Assets 2022: $8,643,0192022

Highlighted filing

2022

Assets$8,923,510
Liabilities$280,491
Net Assets$8,643,019
Open 2022 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $142,910Expenses 2013: $274,133Net Income 2013: -$131,2232013Revenue 2014: $448,366Expenses 2014: $594,547Net Income 2014: -$146,1812014Revenue 2015: $451,215Expenses 2015: $653,160Net Income 2015: -$201,9452015Revenue 2016: $452,662Expenses 2016: $721,772Net Income 2016: -$269,1102016Revenue 2017: $444,489Expenses 2017: $657,027Net Income 2017: -$212,5382017Revenue 2018: $438,601Expenses 2018: $642,890Net Income 2018: -$204,2892018Revenue 2019: $446,748Expenses 2019: $707,867Net Income 2019: -$261,1192019Revenue 2020: $540,680Expenses 2020: $687,532Net Income 2020: -$146,8522020Revenue 2021: $453,130Expenses 2021: $741,833Net Income 2021: -$288,7032021Revenue 2022: $458,331Expenses 2022: $722,587Net Income 2022: -$264,2562022

Highlighted filing

2022

Revenue$458,331
Expenses$722,587
Net Income-$264,256
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$8,923,510
Liabilities
$280,491
Net assets
$8,643,019
Revenue
$458,331
Expenses
$722,587
Net income
-$264,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.92$0.28$8.64$0.46$0.72$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.15$0.22$8.93$0.45$0.74$0.29
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.41$0.18$9.23$0.54$0.69$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.55$0.17$9.38$0.45$0.71$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.79$0.15$9.63$0.44$0.64$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.0$0.17$9.84$0.44$0.66$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.14$10.1$0.45$0.72$0.27
2015Detailed filing. Detailed filing data is available for this year.$10.5$0.22$10.3$0.45$0.65$0.20
2014Detailed filing. Detailed filing data is available for this year.$10.7$0.21$10.5$0.45$0.59$0.15
2013Detailed filing. Detailed filing data is available for this year.$11.3$0.64$10.7$0.14$0.27$0.13
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 18, 2021
Return Version
2020v4.1
Gross Receipts
$540,680
Mission and Program Overview

Mission

The organization provides 50 units of residential housing for low-income elderly tenants

To provide low income housing for low income elderly tenants

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,209,830$8,958,063▼ $251,767
Cash and Non-Interest-Bearing Accounts$37,832$61,320▲ $23,488
Accounts Receivable$5,594$10,970▲ $5,376
Total Assets$9,546,666$9,406,858▼ $139,808
Other Assets Total$293,410$376,505▲ $83,095
Liabilities
Accounts Payable and Accrued Expenses$118,698$154,186▲ $35,488
Escrow Account Liability$17,966$17,865▼ $101
Other Liabilities$31,673$5,166▼ $26,507
Deferred Revenue$550$386▼ $164
Total Liabilities$168,887$177,603▲ $8,716
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,377,779$9,229,255▼ $148,524
Total Net Assets Fund Balance$9,377,779$9,229,255▼ $148,524
Total Liabilities and Net Assets / Fund Balance$9,546,666$9,406,858▼ $139,808

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,443,666$1,950,684$10,394,350
Land$500,000-$500,000
Other Land Buildings$648$31,299$31,947
Equipment$13,749$6,008$19,757
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ronald RozniakChair
John WesterveltPresident and Treasurer
Henry AmorosoVice Chair
Elizabeth McclendonVice President
Kenneth PaganoTrustee
Richard MalagiereTrustee
Benedict La BalboSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$453,148
Investment Income
$496
Other Revenue
$87,036
Change in Net Assets
$-146,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$540,680
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$540,680
Total Revenue per Form 990
$540,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$578,113
Salaries, Compensation, and Employee Benefits$109,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$266,990--$266,990
Other Salaries and Wages$56,413$34,677-$91,090
Occupancy$89,812--$89,812
Insurance$38,917--$38,917
Fees for Services Management$33,048--$33,048
Fees for Services Accounting-$22,426-$22,426
Other Expenses$10,020$13,262-$10,020
Other Employee Benefits$6,075$3,735-$9,810
Office Expenses-$8,578-$8,578
Payroll Taxes$5,276$3,243-$8,519
All Other Expenses$4,857--$4,857
Total Functional Expenses$601,611$85,921$0$687,532

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$689,204
Expenses per Audited Statements$687,532
Total Expenses per Form 990$687,532
Expenses Not Reported on Form 990$1,672
Expenses Not Reported on Financial Statements$0
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
Accrued Real Estate Tax$5,166
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegated control over management duties to a management company. Please see note 8 in financial statements for additional details.”

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

“A copy of form 990 is provided to, reviewed by, and approved by john westervelt, an officer of the corporation, before it is filed.”

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

“Members usually sign the conflict of interest forms when applying to hud for a new project.”

Form 990, Part VI, Section C, Line 19

“The organization's forms 1023 and 990 are available upon request and form 990 is also available on guidestar.org”

Filing and Contact Details

Filer

Filer Name
Myers Senior Residence
EIN
27-3230057
Phone
9735963984
Address
590 NORTH 7TH STREET, NEWARK, NJ 07107

Signing Officer

Name
John Westervelt
Title
President/treasurer
Phone
9735963984
Signed
2021-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Westervelt
Formed
2013
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
0

Preparer

Firm
SOBEL & CO LLC CPA'S
Address
293 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039-1711
Preparer
Bridget Hartnett
Phone
9739949494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“BAD DEBT EXPENSE -1,672.”

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization maintains security deposits in trust in the name of each tenant.”

PART X, LINE 2:

“The project is exempt from federal and state income taxes, under section 501(c)(3) of the internal revenue code. The project follows standards that provide clarification on accounting for uncertainty in income taxes recognized in the project's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on derecognition, classification, interest and penalties, disclosure and transition. The project's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense. No interest and penalties were recorded during years ended december 31, 2020 and 2019. At december 31, 2020 and 2019, there were no significant income tax uncertainties.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“BAD DEBT EXPENSE 1,672.”

Raw XML AppendixShowing 400 of 586 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03243
IRS990/PayrollTaxesGrp/ProgramServicesAmt05276
IRS990/PayrollTaxesGrp/TotalAmt08519
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN WESTERVELT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2812300
IRS990/ProgramServiceRevenueGrp/Desc0HUD RENTAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1RENT - TENANT
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0249393
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1201627
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0249393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1201627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22128
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0412
IRS990/PYOtherExpensesAmt0609156
IRS990/PYOtherRevenueAmt0169
IRS990/PYProgramServiceRevenueAmt0446167
IRS990/PYRevenuesLessExpensesAmt0-261119
IRS990/PYSalariesCompEmpBnftPaidAmt098711
IRS990/PYTotalExpensesAmt0707867
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0446748
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-146852
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0453148
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0496
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0412
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0358
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01897
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0453148
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0446167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0436122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0444083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0451204
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02230724
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0496
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0412
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0345
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0358
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01897
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt087036
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0169
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02134
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01100
IRS990ScheduleA/OtherIncome509Grp/TotalAmt090559
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96020
IRS990ScheduleA/PublicSupportPY509Pct00.99670
IRS990ScheduleA/PublicSupportTotal509Amt02230724
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0453148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0446167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0436122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0444083
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0451204
IRS990ScheduleA/Total509Grp/TotalAmt02230724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0540680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0446748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0438601
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0444489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0452662
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02323180
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08443666
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01950684
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010394350
IRS990ScheduleD/EquipmentGrp/BookValueAmt013749
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06008
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019757
IRS990ScheduleD/ExpensesNotReportedAmt01672
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0687532
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0500000
IRS990ScheduleD/OtherExpensesIncludedAmt01672
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0648
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031299
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED REAL ESTATE TAX
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0540680
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS SECURITY DEPOSITS IN TRUST IN THE NAME OF EACH TENANT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE PROJECT'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE PROJECT'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING YEARS ENDED DECEMBER 31, 2020 AND 2019. AT DECEMBER 31, 2020 AND 2019, THERE WERE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BAD DEBT EXPENSE 1,672.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08958063
IRS990ScheduleD/TotalExpensesPerForm990Amt0687532
IRS990ScheduleD/TotalLiabilityAmt05166
IRS990ScheduleD/TotalRevenuePerForm990Amt0540680
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0540680
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0689204
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO A MANAGEMENT COMPANY. PLEASE SEE NOTE 8 IN FINANCIAL STATEMENTS FOR ADDITIONAL DETAILS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS PROVIDED TO, REVIEWED BY, AND APPROVED BY JOHN WESTERVELT, AN OFFICER OF THE CORPORATION, BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS USUALLY SIGN THE CONFLICT OF INTEREST FORMS WHEN APPLYING TO HUD FOR A NEW PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST AND FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BAD DEBT EXPENSE -1,672.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0462231009
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0HARRISON SENIOR URBAN RENEWAL LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0590 N 7TH ST
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEWARK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd007107
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DOMUS CORPORATION

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