Civic Intelligence

Springvale Terrace Inc.

990 • Fiscal year 2018 • EIN 30-0185120

Oct 01, 2017 to Sep 30, 2018 • Filed on Mar 26, 2019

6031 Kansas Avenue NWWashington, DC 20011

(202) 414-6310

Siviq Scores

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

Liabilities / Assets

88th percentile

0.88x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

1.63x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

14th percentile

-16%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

12th percentile

-9.3%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-0.9%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,989,241

Down $715,484 (-9.3%) from 2017

Net Assets

Down

$858,586

Down $608,595 (-41%) from 2017

Liabilities

Down

$6,130,655

Down $106,889 (-1.7%) from 2017

Revenue

Down

$3,772,493

Down $35,229 (-0.9%) from 2017

Expenses

Up

$4,381,088

Up $91,218 (+2.1%) from 2017

Net Income

Down

-$608,595

Down $126,447 (-26%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2011: $3,953,238Liabilities 2011: $1,695,277Net Assets 2011: $2,257,9612011Assets 2012: $3,930,972Liabilities 2012: $1,665,437Net Assets 2012: $2,265,5352012Assets 2013: $5,040,984Liabilities 2013: $1,988,273Net Assets 2013: $3,052,7112013Assets 2014: $9,446,420Liabilities 2014: $6,441,219Net Assets 2014: $3,005,2012014Assets 2015: $9,282,869Liabilities 2015: $6,672,293Net Assets 2015: $2,610,5762015Assets 2016: $8,559,104Liabilities 2016: $6,609,775Net Assets 2016: $1,949,3292016Assets 2017: $7,704,725Liabilities 2017: $6,237,544Net Assets 2017: $1,467,1812017Assets 2018: $6,989,241Liabilities 2018: $6,130,655Net Assets 2018: $858,5862018Assets 2019: $6,312,714Liabilities 2019: $6,775,076Net Assets 2019: -$462,3622019Assets 2020: $5,520,016Liabilities 2020: $7,339,482Net Assets 2020: -$1,819,4662020Assets 2021: $5,009,400Liabilities 2021: $7,933,128Net Assets 2021: -$2,923,7282021Assets 2022: $4,753,837Liabilities 2022: $8,924,635Net Assets 2022: -$4,170,7982022Assets 2023: $4,319,719Liabilities 2023: $10,161,000Net Assets 2023: -$5,841,2812023Assets 2024: $3,901,597Liabilities 2024: $11,835,777Net Assets 2024: -$7,934,1802024

Highlighted filing

2018

Assets$6,989,241
Liabilities$6,130,655
Net Assets$858,586

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $3,188,5892011Expenses 2012: $3,261,3262012Expenses 2013: $3,277,1882013Revenue 2014: $3,401,083Expenses 2014: $3,448,593Net Income 2014: -$47,5102014Revenue 2015: $3,678,643Expenses 2015: $4,070,648Net Income 2015: -$392,0052015Revenue 2016: $3,664,160Expenses 2016: $4,325,407Net Income 2016: -$661,2472016Revenue 2017: $3,807,722Expenses 2017: $4,289,870Net Income 2017: -$482,1482017Revenue 2018: $3,772,493Expenses 2018: $4,381,088Net Income 2018: -$608,5952018Revenue 2019: $3,610,679Expenses 2019: $4,931,627Net Income 2019: -$1,320,9482019Revenue 2020: $3,109,561Expenses 2020: $4,466,665Net Income 2020: -$1,357,1042020Revenue 2021: $3,321,212Expenses 2021: $4,425,474Net Income 2021: -$1,104,2622021Revenue 2022: $3,226,400Expenses 2022: $4,473,470Net Income 2022: -$1,247,0702022Revenue 2023: $2,091,890Expenses 2023: $3,762,373Net Income 2023: -$1,670,4832023Revenue 2024: $368,647Expenses 2024: $2,461,546Net Income 2024: -$2,092,8992024

Highlighted filing

2018

Revenue$3,772,493
Expenses$4,381,088
Net Income-$608,595
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Mar 26, 2019
Return Version
2017v2.3
Gross Receipts
$3,772,493
Mission and Program Overview

Mission

To provide affordable housing and related resident services to the elderly under section 232 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,658,567$6,063,708▼ $594,859
Cash and Non-Interest-Bearing Accounts$264,916$77,601▼ $187,315
Accounts Receivable$44,757$61,452▲ $16,695
Prepaid Expenses and Deferred Charges$54,980$60,999▲ $6,019
Pledges and Grants Receivable$12,669$5,678▼ $6,991
Total Assets$7,704,725$6,989,241▼ $715,484
Other Assets Total$668,836$719,803▲ $50,967
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,566,374$5,445,430▼ $120,944
Accounts Payable and Accrued Expenses$419,352$457,078▲ $37,726
Escrow Account Liability$156,106$157,215▲ $1,109
Deferred Revenue$95,712$39,057▼ $56,655
Other Liabilities$0$31,875▲ $31,875
Total Liabilities$6,237,544$6,130,655▼ $106,889
Net Assets / Fund Balance
Unrestricted Net Assets$1,467,181$858,586▼ $608,595
Total Net Assets Fund Balance$1,467,181$858,586▼ $608,595
Total Liabilities and Net Assets / Fund Balance$7,704,725$6,989,241▼ $715,484

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,646,050$7,105,573$12,751,623
Equipment$242,658$1,109,663$1,352,321
Land$175,000-$175,000
Other Assets Org$555,903--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Coordinated Services ManagementincProperty Management3333 PETERS CREEK ROAD, Roanoke, VA 24019$241,180
Revenue and Support

Revenue Composition

Contributions and Grants
$48,802
Program Service Revenue
$3,651,448
Investment Income
$72
Other Revenue
$72,171
All Other Contributions
$500
Change in Net Assets
$-608,595

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,772,493
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,772,493
Total Revenue per Form 990
$3,772,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,235,554
Salaries, Compensation, and Employee Benefits$2,145,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,791,284--$1,791,284
Depreciation Depletion$604,827--$604,827
Occupancy$521,672--$521,672
Fees for Services Management-$217,273-$217,273
Payroll Taxes$180,386--$180,386
Other Employee Benefits$173,864--$173,864
Advertising-$47,837-$47,837
Office Expenses-$47,400-$47,400
Fees for Services Legal-$42,198-$42,198
Fees for Services Accounting$13,140$16,320-$29,460
Information Technology-$25,744-$25,744
Other Expenses$13,451$18,207-$13,451
Interest$2,703--$2,703
Total Functional Expenses$3,966,109$414,979$0$4,381,088

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,381,088
Total Expenses per Audited Statements$4,381,088
Total Expenses per Form 990$4,381,088
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Due to Sponsor - Loan Fees$31,875
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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 entity is managed by coordinated services management, inc. Pursuant to an agreeement approved by hud. The fee is 6% of gross collections. Additionally, the organization pays seabury resources for aging, a related tax-exempt organization, a 4% management fee to manage the lease and maintain the property. Management fees totaling $217,273 were incurred during the fiscal year.

Form 990, Part VI, Section A, Line 8B

No committees were appointed during the fiscal year.

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

The board of directors is provided with a complete copy of the return for review and comment prior to filing. No additional review is conducted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request. Additionally, the financial statements are filed with the omb under the a-133 provisions and are available on the omb website.

Filing and Contact Details

Filer

Filer Name
Springvale Terrace Inc
EIN
30-0185120
Phone
2024146310
Address
6031 KANSAS AVENUE NW, WASHINGTON, DC 20011

Signing Officer

Name
Deborah Royster
Title
CEO
Phone
2024146310
Signed
2019-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald a Perez
Formed
2003
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
85
Volunteers
7

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Corporation as lessor of residential rental property holds tenant security deposits on behalf of residents in a separate escrow account.

PART X, LINE 2:

The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to september 30, 2015.

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IRS990/OtherRevenueMiscGrp/BusinessCd0511110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND MISC.
IRS990/OtherRevenueMiscGrp/ExclusionAmt055513
IRS990/OtherRevenueMiscGrp/ExclusionAmt116658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055513
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116658
IRS990/OtherRevenueTotalAmt072171
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01791284
IRS990/OtherSalariesAndWagesGrp/TotalAmt01791284
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0180386
IRS990/PayrollTaxesGrp/TotalAmt0180386
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012669
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05678
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054980
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060999
IRS990/PrincipalOfficerNm0GERALD A PEREZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0ELDERLY/CONGREGATE SER
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01920659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11730789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01920659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11730789
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt047115
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt047
IRS990/PYOtherExpensesAmt02282621
IRS990/PYOtherRevenueAmt028578
IRS990/PYProgramServiceRevenueAmt03731982
IRS990/PYRevenuesLessExpensesAmt0-482148
IRS990/PYSalariesCompEmpBnftPaidAmt02007249
IRS990/PYTotalExpensesAmt04289870
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03807722
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-608595
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03651448
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2014 AMOUNT: $ 20,000. 2015 AMOUNT: $ 18,849. 2016 AMOUNT: $ 15,814. 2017 AMOUNT: $ 16,658. OTHER TENANT CHARGES - 2014 AMOUNT: $ 10,097. 2015 AMOUNT: $ 24,176. 2016 AMOUNT: $ 12,764. 2017 AMOUNT: $ 55,513.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt048802
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt047115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt034176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047731
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt036522
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0214346
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0371
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03651448
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03731982
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03586902
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03600620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03464561
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt018035513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0195
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0371
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt072171
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt028578
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt043025
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt030097
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0173871
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99050
IRS990ScheduleA/PublicSupportPY509Pct00.99450
IRS990ScheduleA/PublicSupportTotal509Amt018249859
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03700250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03779097
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03621078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03648351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03501083
IRS990ScheduleA/Total509Grp/TotalAmt018249859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03772493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03807722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03664160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03678643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03501083
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018424101
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05646050
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07105573
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012751623
IRS990ScheduleD/EquipmentGrp/BookValueAmt0242658
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01109663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01352321
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04381088
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0175000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0175000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0163900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1555903
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDED SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS AND FUNDED RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR - LOAN FEES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03772493
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CORPORATION AS LESSOR OF RESIDENTIAL RENTAL PROPERTY HOLDS TENANT SECURITY DEPOSITS ON BEHALF OF RESIDENTS IN A SEPARATE ESCROW ACCOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO SEPTEMBER 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06063708
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0719803
IRS990ScheduleD/TotalExpensesPerForm990Amt04381088
IRS990ScheduleD/TotalLiabilityAmt031875
IRS990ScheduleD/TotalRevenuePerForm990Amt03772493
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03772493
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04381088
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY IS MANAGED BY COORDINATED SERVICES MANAGEMENT, INC. PURSUANT TO AN AGREEEMENT APPROVED BY HUD. THE FEE IS 6% OF GROSS COLLECTIONS. ADDITIONALLY, THE ORGANIZATION PAYS SEABURY RESOURCES FOR AGING, A RELATED TAX-EXEMPT ORGANIZATION, A 4% MANAGEMENT FEE TO MANAGE THE LEASE AND MAINTAIN THE PROPERTY. MANAGEMENT FEES TOTALING $217,273 WERE INCURRED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEES WERE APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS PROVIDED WITH A COMPLETE COPY OF THE RETURN FOR REVIEW AND COMMENT PRIOR TO FILING. NO ADDITIONAL REVIEW IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FINANCIAL STATEMENTS ARE FILED WITH THE OMB UNDER THE A-133 PROVISIONS AND ARE AVAILABLE ON THE OMB WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SEABURY RESOURCES FOR AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEABURY RESOURCES FOR AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1EPISCOPAL CHURCH HOMEFRIENDSHIPINC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0520907224
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1520907224
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING AFFORDABLE HOUSING OPTIONS FOR SENIORS IN THE GREATER DC AREA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO PROVIDE AFFORDABLE HOUSING HOUSING AND RELATED SERVICES TO THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$11.8$7.93$0.37$2.46$2.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$10.2$5.84$2.09$3.76$1.67
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$8.92$4.17$3.23$4.47$1.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$7.93$2.92$3.32$4.43$1.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$7.34$1.82$3.11$4.47$1.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$6.78$0.46$3.61$4.93$1.32
2018Detailed filing. Detailed filing data is available for this year.$6.99$6.13$0.86$3.77$4.38$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.70$6.24$1.47$3.81$4.29$0.48
2016Detailed filing. Detailed filing data is available for this year.$8.56$6.61$1.95$3.66$4.33$0.66
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.28$6.67$2.61$3.68$4.07$0.39
2014Detailed filing. Detailed filing data is available for this year.$9.45$6.44$3.01$3.40$3.45$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$1.99$3.05$3.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$1.67$2.27$3.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$1.70$2.26$3.19