Civic Intelligence

Palermo Lakes Inc.

990 • Fiscal year 2019 • EIN 30-0250767

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization ProfileWWW.EHDOC.ORG
1580 Sawgrass Corporate Pkwy 100Sunrise, FL 33323

(954) 835-9200

Siviq Scores

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

Liabilities / Assets

45th percentile

0.15x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

2.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

6th percentile

-42%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$384,389

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 49.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

22nd percentile

-2.8%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

5.8%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$11,658,613

Down $330,492 (-2.8%) from 2018

Net Assets

Down

$9,864,060

Down $317,080 (-3.1%) from 2018

Liabilities

Down

$1,794,553

Down $13,412 (-0.7%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin6th percentile

Revenue

Up

$776,507

Up $42,816 (+5.8%) from 2018

Expenses

Up

$1,101,053

Up $40,516 (+3.8%) from 2018

Net Income

Up

-$324,546

Up $2,300 (+0.7%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$15M$10M$5.0M$0Assets 2010: $14,426,813Liabilities 2010: $550,088Net Assets 2010: $13,876,7252010Assets 2011: $13,966,990Liabilities 2011: $268,712Net Assets 2011: $13,698,2782011Assets 2012: $13,680,355Liabilities 2012: $271,219Net Assets 2012: $13,409,1362012Assets 2013: $13,398,190Liabilities 2013: $157,884Net Assets 2013: $13,240,3062013Assets 2014: $13,103,702Liabilities 2014: $70,269Net Assets 2014: $13,033,4332014Assets 2015: $13,430,482Liabilities 2015: $103,481Net Assets 2015: $13,327,0012015Assets 2016: $12,608,283Liabilities 2016: $147,498Net Assets 2016: $12,460,7852016Assets 2017: $12,216,814Liabilities 2017: $1,711,172Net Assets 2017: $10,505,6422017Assets 2018: $11,989,105Liabilities 2018: $1,807,965Net Assets 2018: $10,181,1402018Assets 2019: $11,658,613Liabilities 2019: $1,794,553Net Assets 2019: $9,864,0602019Assets 2020: $11,340,095Liabilities 2020: $1,748,207Net Assets 2020: $9,591,8882020Assets 2021: $11,048,327Liabilities 2021: $1,776,099Net Assets 2021: $9,272,2282021Assets 2022: $10,839,596Liabilities 2022: $2,011,277Net Assets 2022: $8,828,3192022Assets 2023: $10,563,297Liabilities 2023: $2,161,062Net Assets 2023: $8,402,2352023Assets 2024: $10,228,072Liabilities 2024: $2,259,036Net Assets 2024: $7,969,0362024

Highlighted filing

2019

Assets$11,658,613
Liabilities$1,794,553
Net Assets$9,864,060
Open 2019 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $992,5392010Expenses 2011: $1,234,6432011Expenses 2012: $982,6432012Revenue 2013: $766,966Expenses 2013: $935,796Net Income 2013: -$168,8302013Revenue 2014: $735,707Expenses 2014: $942,580Net Income 2014: -$206,8732014Revenue 2015: $1,279,813Expenses 2015: $988,267Net Income 2015: $291,5462015Revenue 2016: $736,292Expenses 2016: $1,558,979Net Income 2016: -$822,6872016Revenue 2017: $763,163Expenses 2017: $1,019,611Net Income 2017: -$256,4482017Revenue 2018: $733,691Expenses 2018: $1,060,537Net Income 2018: -$326,8462018Revenue 2019: $776,507Expenses 2019: $1,101,053Net Income 2019: -$324,5462019Revenue 2020: $808,045Expenses 2020: $1,087,192Net Income 2020: -$279,1472020Revenue 2021: $833,340Expenses 2021: $1,153,000Net Income 2021: -$319,6602021Revenue 2022: $839,340Expenses 2022: $1,283,249Net Income 2022: -$443,9092022Revenue 2023: $923,244Expenses 2023: $1,349,328Net Income 2023: -$426,0842023Revenue 2024: $926,252Expenses 2024: $1,359,451Net Income 2024: -$433,1992024

Highlighted filing

2019

Revenue$776,507
Expenses$1,101,053
Net Income-$324,546
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$776,507
Mission and Program Overview

Mission

Operation of low income housing for the elderly and handicapped, regulated and assisted by the department of housing and urban development (hud).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,386,736$11,041,962▼ $344,774
Savings and Temporary Cash Investments$560,054$581,764▲ $21,710
Prepaid Expenses and Deferred Charges$22,302$22,797▲ $495
Cash and Non-Interest-Bearing Accounts$8,334$728▼ $7,606
Accounts Receivable$721$404▼ $317
Total Assets$11,989,105$11,658,613▼ $330,492
Other Assets Total$10,958$10,958→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,645,973$1,645,973→ $0
Other Liabilities$87,186$89,442▲ $2,256
Accounts Payable and Accrued Expenses$48,556$32,115▼ $16,441
Escrow Account Liability$26,039$26,473▲ $434
Deferred Revenue$211$550▲ $339
Total Liabilities$1,807,965$1,794,553▼ $13,412
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,822,800$12,822,800→ $0
Net Assets Without Donor Restrictions$-2,641,660$-2,958,740▼ $317,080
Total Net Assets Fund Balance$10,181,140$9,864,060▼ $317,080
Total Liabilities and Net Assets / Fund Balance$11,989,105$11,658,613▼ $330,492

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,901,978$3,702,089$13,604,067
Land$1,100,000-$1,100,000
Other Land Buildings$39,984$44,600$84,584
Equipment-$4,163$4,163
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleOtherTotal
John OlsenDirector$31,318$31,318
Morton BahrPresident$7,000$7,000
Maria CordoneSecretary$4,000$4,000

Board Members and Trustees

NameTitle
Christopher SheltonPresident
Lisa DavisDirector
Sherwood DuboseDirector
Steve ProtulisDirector
Erica SchmelzerTreasurer
Tony FransettaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$774,595
Investment Income
$1,229
Other Revenue
$683
Change in Net Assets
$-324,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$776,507
Revenue Not Reported on Form 990
$7,466
Total Revenue per Audited Statements
$783,973
Total Revenue per Form 990
$776,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$767,644
Salaries, Compensation, and Employee Benefits$333,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$271,814$90,605-$362,419
Occupancy$151,338$50,445-$201,783
Other Salaries and Wages$91,808$100,525-$192,333
Fees for Services Other$67,514$23,571-$91,085
Other Employee Benefits$40,363$43,762-$84,125
Fees for Services Management$3,108$48,188-$51,296
Pension Plan Contributions$20,386$21,842-$42,228
Office Expenses$23,689$7,895-$31,584
Fees for Services Accounting$7,789$10,927-$18,716
Payroll Taxes$7,028$7,695-$14,723
Insurance-$4,853-$4,853
Travel$1,851$617-$2,468
Conferences and Meetings$929$309-$1,238
Other Expenses$554$184-$738
Fees for Services Legal-$657-$657
Total Functional Expenses$688,171$412,882$0$1,101,053

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,101,053
Total Expenses per Audited Statements$1,101,053
Total Expenses per Form 990$1,101,053
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
Related Party Payables$89,442
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management provided by elderly housing development and operations corporation (ehdoc). Services provided by ehdoc include the staffing and human resources of site employees, budgeting, and supervision of operations.”

Form 990, Page 6, Part VI, Line 11B

“A member of management will review the 990 prior to filing.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Palermo Lakes Inc
EIN
30-0250767
Phone
9548359200
Address
1580 SAWGRASS CORPORATE PKWY 100, SUNRISE, FL 33323
Doing Business As
Palermo Lakes Apartments

Signing Officer

Name
Steve Protulis
Title
Director
Phone
9548359200
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Protulis
Formed
2004
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
5
Employees
5

Preparer

Firm
Bellows Associates Pa
Address
7890 PETERS RD STE G102, PLANTATION, FL 33324-4028
Preparer
Sean R Chambless CPA
Phone
9548387000
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Palermo lakes holds tenant security deposits in escrow until the end of the lease when the deposits are then returned to the tenant upon conditional requirements being met.”

Raw XML AppendixShowing 400 of 496 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.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt084125
IRS990/OtherExpensesGrp/Desc0MISC TAXES, LIC, PERM/INS
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0807
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1184
IRS990/OtherExpensesGrp/ProgramServicesAmt0554
IRS990/OtherExpensesGrp/TotalAmt0807
IRS990/OtherExpensesGrp/TotalAmt1738
IRS990/OtherLiabilitiesGrp/BOYAmt087186
IRS990/OtherLiabilitiesGrp/EOYAmt089442
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1VENDOR REFUNDS
IRS990/OtherRevenueMiscGrp/Desc2NON-RESIDENT INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0326
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1282
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0326
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1282
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt275
IRS990/OtherRevenueTotalAmt0683
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100525
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091808
IRS990/OtherSalariesAndWagesGrp/TotalAmt0192333
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07695
IRS990/PayrollTaxesGrp/ProgramServicesAmt07028
IRS990/PayrollTaxesGrp/TotalAmt014723
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021842
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020386
IRS990/PensionPlanContributionsGrp/TotalAmt042228
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022302
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022797
IRS990/PrincipalOfficerNm0STEVE PROTULIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1RENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0506642
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1267953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0506642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1267953
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01006
IRS990/PYOtherExpensesAmt0729263
IRS990/PYOtherRevenueAmt02610
IRS990/PYProgramServiceRevenueAmt0728575
IRS990/PYRevenuesLessExpensesAmt0-326846
IRS990/PYSalariesCompEmpBnftPaidAmt0331274
IRS990/PYTotalExpensesAmt01060537
IRS990/PYTotalRevenueAmt0733691
IRS990/ReconcilationRevenueExpnssAmt0-324546
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0775278
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0560054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0581764
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SETTLEMENT PAYMENT 2015 550,000 REIMBURSEMENTS 2015 216 TENANT CHARGES 2015 375 MISC. CREDITS & REFUNDS 2016 7,198 TENANT CHARGES 2016 171 TENANT CHARGES 2017 27 NON-RESIDENT INCOME 2017 1,074 REFUNDS 2018 2,582 TENANT CHARGES 2018 28 NON-RESIDENT INCOME 2019 75 REFUNDS 2019 282 TENANT CHARGES 2019 326
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0506642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0470475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0500355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0622023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0469878
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02569373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01006
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0613
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0707
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04035
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01871996
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0683
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02610
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01101
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07369
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0550591
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0562354
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81940
IRS990ScheduleA/PublicSupportPY170Pct00.81730
IRS990ScheduleA/PublicSupportTotal170Amt02569373
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0506642
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0470475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0500355
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0622023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0469878
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02569373
IRS990ScheduleA/TotalSupportAmt03135762
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09901978
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03702089
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013604067
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04163
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04163
IRS990ScheduleD/ExpensesSubtotalAmt01101053
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt01100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01100000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07466
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039984
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt089442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLES
IRS990ScheduleD/RevenueNotReportedAmt07466
IRS990ScheduleD/RevenueSubtotalAmt0776507
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PALERMO LAKES HOLDS TENANT SECURITY DEPOSITS IN ESCROW UNTIL THE END OF THE LEASE WHEN THE DEPOSITS ARE THEN RETURNED TO THE TENANT UPON CONDITIONAL REQUIREMENTS BEING MET.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011041962
IRS990ScheduleD/TotalExpensesPerForm990Amt01101053
IRS990ScheduleD/TotalLiabilityAmt089442
IRS990ScheduleD/TotalRevenuePerForm990Amt0776507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0783973
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01101053
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0301275
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt072306
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE PROTULIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0384389
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT PROVIDED BY ELDERLY HOUSING DEVELOPMENT AND OPERATIONS CORPORATION (EHDOC). SERVICES PROVIDED BY EHDOC INCLUDE THE STAFFING AND HUMAN RESOURCES OF SITE EMPLOYEES, BUDGETING, AND SUPERVISION OF OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MEMBER OF MANAGEMENT WILL REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EHDOC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0EHDOC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0650665009
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01580 SAWGRASS CORPORATE PKWY 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SUNRISE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033323
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,658,613
Liabilities
$1,794,553
Net assets
$9,864,060
Revenue
$776,507
Expenses
$1,101,053
Net income
-$324,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.2$2.26$7.97$0.93$1.36$0.43
2023Detailed filing. Detailed filing data is available for this year.$10.6$2.16$8.40$0.92$1.35$0.43
2022Detailed filing. Detailed filing data is available for this year.$10.8$2.01$8.83$0.84$1.28$0.44
2021Detailed filing. Detailed filing data is available for this year.$11.0$1.78$9.27$0.83$1.15$0.32
2020Detailed filing. Detailed filing data is available for this year.$11.3$1.75$9.59$0.81$1.09$0.28
2019Detailed filing. Detailed filing data is available for this year.$11.7$1.79$9.86$0.78$1.10$0.32
2018Detailed filing. Detailed filing data is available for this year.$12.0$1.81$10.2$0.73$1.06$0.33
2017Detailed filing. Detailed filing data is available for this year.$12.2$1.71$10.5$0.76$1.02$0.26
2016Detailed filing. Detailed filing data is available for this year.$12.6$0.15$12.5$0.74$1.56$0.82
2015Detailed filing. Detailed filing data is available for this year.$13.4$0.10$13.3$1.28$0.99$0.29
2014Detailed filing. Detailed filing data is available for this year.$13.1$0.07$13.0$0.74$0.94$0.21
2013Detailed filing. Detailed filing data is available for this year.$13.4$0.16$13.2$0.77$0.94$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.27$13.4$0.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.27$13.7$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$0.55$13.9$0.99