Civic Intelligence

Mkv Inc.

990 • Fiscal year 2010 • EIN 31-0914017

Jul 01, 2009 to Jun 30, 2010 • Filed on Jan 10, 2011

11100 Springfield Pike45246
Siviq Scores

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

Liabilities / Assets

93rd percentile

1.19x

Higher debt load relative to assets than 93% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$4,217,505

No earlier filing loaded for comparison.

Net Assets

-$814,244

No earlier filing loaded for comparison.

Liabilities

$5,031,749

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,390,244

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $4,217,505Liabilities 2010: $5,031,749Net Assets 2010: -$814,2442010Assets 2011: $4,147,475Liabilities 2011: $4,970,474Net Assets 2011: -$822,9992011Assets 2012: $4,043,496Liabilities 2012: $4,842,062Net Assets 2012: -$798,5662012Assets 2013: $3,976,777Liabilities 2013: $4,753,464Net Assets 2013: -$776,6872013Assets 2014: $3,916,001Liabilities 2014: $4,649,195Net Assets 2014: -$733,1942014Assets 2015: $3,905,486Liabilities 2015: $4,571,105Net Assets 2015: -$665,6192015Assets 2016: $3,868,466Liabilities 2016: $4,412,034Net Assets 2016: -$543,5682016Assets 2017: $1,645,312Liabilities 2017: $0Net Assets 2017: $1,645,3122017Assets 2018: $2,048,586Liabilities 2018: $1,200Net Assets 2018: $2,047,3862018Assets 2019: $2,084,397Liabilities 2019: $1,235Net Assets 2019: $2,083,1622019Assets 2020: $2,122,827Liabilities 2020: $1,235Net Assets 2020: $2,121,5922020Assets 2021: $2,122,916Liabilities 2021: $0Net Assets 2021: $2,122,9162021Assets 2022: $2,159,741Liabilities 2022: $0Net Assets 2022: $2,159,7412022Assets 2023: $2,156,608Liabilities 2023: $0Net Assets 2023: $2,156,6082023Assets 2024: $2,075,806Liabilities 2024: $3,010Net Assets 2024: $2,072,7962024

Highlighted filing

2010

Assets$4,217,505
Liabilities$5,031,749
Net Assets-$814,244

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,390,2442010Expenses 2011: $1,410,4072011Expenses 2012: $1,429,9132012Expenses 2013: $1,429,4222013Revenue 2014: $1,458,550Expenses 2014: $1,415,057Net Income 2014: $43,4932014Revenue 2015: $1,483,392Expenses 2015: $1,415,817Net Income 2015: $67,5752015Revenue 2016: $1,433,082Expenses 2016: $1,311,031Net Income 2016: $122,0512016Revenue 2017: $4,891,860Expenses 2017: $2,702,980Net Income 2017: $2,188,8802017Revenue 2018: $404,639Expenses 2018: $2,565Net Income 2018: $402,0742018Revenue 2019: $38,507Expenses 2019: $2,731Net Income 2019: $35,7762019Revenue 2020: $38,531Expenses 2020: $101Net Income 2020: $38,4302020Revenue 2021: $39,134Expenses 2021: $37,810Net Income 2021: $1,3242021Revenue 2022: $38,635Expenses 2022: $1,810Net Income 2022: $36,8252022Revenue 2023: $36,717Expenses 2023: $39,850Net Income 2023: -$3,1332023Revenue 2024: $18,286Expenses 2024: $3,160Net Income 2024: $15,1262024

Highlighted filing

2010

Revenue-
Expenses$1,390,244
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
Jan 10, 2011
Return Version
2009v1.4
Gross Receipts
$1,433,886
Mission and Program Overview

Mission

A partnership purchased the property in 2016 to operate it as a section 42 low income housing apartment community. Mkv, inc. (an ohio not-for-profit corporation) was organized to own and operate a 150 unit apartment community in cincinnati, ohio, known as the meadows (the community), pursuant to section 223(f) of the national housing act as amended. Effective december 1, 2007 one unit was converted to an office with hud approval. The corporation had executed a regulatory agreement with hud, which governs the operation of the project with the federal housing administration (fha) section of hud. The corporation had also entered into a housing assistance payment contract (hap contract) with hud.a partnership purchased the property in 2016, and mkv, inc now funds the project through a seller carryback note. The main purpose of this entity going forward will be a financing arm of the low income project through the new partnership.

Filing and Contact Details

Filer

EIN
31-0914017
Raw XML AppendixShowing 400 of 531 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
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY048937
IRS990/AccountsPayableAccruedExpenses/EOY037483
IRS990/AccountsReceivable/BOY0134
IRS990/AccountsReceivable/EOY0896
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0MKV, INC. (AN OHIO NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO OWN AND OPERATE A 150 UNIT APARTMENT COMMUNITY IN CINCINNATI, OHIO, KNOWN AS THE MEADOWS (THE COMMUNITY), PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AS AMENDED. EFFECTIVE DECEMBER 1, 2007 ONE UNIT WAS CONVERTED TO AN OFFICE WITH HUD APPROVAL. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH HUD, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT EXPIRES MAY 28, 2011.
IRS990/AddressPrincipalOfficerUS/AddressLine1011100 SPRINGFIELD PIKE
IRS990/AddressPrincipalOfficerUS/City0CINCINNATI
IRS990/AddressPrincipalOfficerUS/State0OH
IRS990/AddressPrincipalOfficerUS/ZIPCode045246
IRS990/Advertising/ManagementAndGeneral04567
IRS990/Advertising/Total04567
IRS990/AllOtherContributions057288
IRS990/AllOtherExpenses/ProgramServices0200
IRS990/AllOtherExpenses/Total0200
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BalanceSheetAmountsReported01
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY0145708
IRS990/CashNonInterestBearing/EOY0117077
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/ManagementAndGeneral013241
IRS990/ConferencesMeetings/Total013241
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear0798603
IRS990/ContributionsGrantsPriorYear0809927
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DeferredRevenue/EOY0102
IRS990/DelegationOfManagementDuties01
IRS990/DepreciationDepletion/ProgramServices0221339
IRS990/DepreciationDepletion/Total0221339
IRS990/DescribedIn501C301
IRS990/Description0MKV, INC. (AN OHIO NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO OWN AND OPERATE A 150 UNIT APARTMENT COMMUNITY IN CINCINNATI, OHIO, KNOWN AS THE MEADOWS (THE COMMUNITY), PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AS AMENDED. EFFECTIVE DECEMBER 1, 2007 ONE UNIT WAS CONVERTED TO AN OFFICE WITH HUD APPROVAL. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH HUD, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT EXPIRES MAY 28, 2011.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DoingBusinessAs/BusinessNameLine10THE MEADOWS
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers00
IRS990/EmploymentTaxReturnsFiled00
IRS990/ExcessBenefitTransaction00
IRS990/Expense01174362
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditPerformed01
IRS990/FederalGrantAuditRequired01
IRS990/FeesForServicesAccounting/ManagementAndGeneral04315
IRS990/FeesForServicesAccounting/Total04315
IRS990/FeesForServicesLegal/ManagementAndGeneral0294
IRS990/FeesForServicesLegal/Total0294
IRS990/FeesForServicesManagement/ManagementAndGeneral065152
IRS990/FeesForServicesManagement/Total065152
IRS990/FinancialStatementSeparate0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek00.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek10.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek245.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek30.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek40.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/NamePerson0STEVEN A WILSON
IRS990/Form990PartVIISectionA/NamePerson1JOHN M GREEN
IRS990/Form990PartVIISectionA/NamePerson2JAMES M FORMAL
IRS990/Form990PartVIISectionA/NamePerson3STEVEN L BRASH
IRS990/Form990PartVIISectionA/NamePerson4WILLIAM BROWN
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation253315
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs2328413
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/Title0Treasurer
IRS990/Form990PartVIISectionA/Title1CHAIRMAN
IRS990/Form990PartVIISectionA/Title2President & CEO
IRS990/Form990PartVIISectionA/Title3FIRST VICE CHAIRMAN
IRS990/Form990PartVIISectionA/Title4SECRETARY
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/FundsToPayPremiums00
IRS990/GainOrLoss/Other0-831
IRS990/Gaming00
IRS990/GovernmentGrants0741315
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts01433886
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IntangibleAssets/BOY0197722
IRS990/IntangibleAssets/EOY0190165
IRS990/InvestmentIncomeCurrentYear0322
IRS990/InvestmentIncome/ExclusionAmount01153
IRS990/InvestmentIncomePriorYear0982
IRS990/InvestmentIncome/TotalRevenueColumn01153
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY0894497
IRS990/InvestmentsProgramRelated/EOY0871703
IRS990/LandBldgEquipmentAccumDeprec04986296
IRS990/LandBuildingsEquipmentBasis07871542
IRS990/LandBuildingsEquipmentBasisNet/BOY02741233
IRS990/LandBuildingsEquipmentBasisNet/EOY02885246
IRS990/LessCostOthBasisSalesExpenses/Other0831
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0MKV, INC. (AN OHIO NOT-FOR-PROFIT CORPORATION) WAS ORGANIZED TO OWN AND OPERATE A 150 UNIT APARTMENT COMMUNITY IN CINCINNATI, OHIO, KNOWN AS THE MEADOWS (THE COMMUNITY), PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AS AMENDED. EFFECTIVE DECEMBER 1, 2007 ONE UNIT WAS CONVERTED TO AN OFFICE WITH HUD APPROVAL. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH HUD, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT EXPIRES MAY 28, 2011.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY04948868
IRS990/MortNotesPyblSecuredInvestProp/EOY04859259
IRS990/NameOfPrincipalOfficerPerson0JAMES M FORMAL
IRS990/NbrIndependentVotingMembers00
IRS990/NbrVotingGoverningBodyMembers05
IRS990/NbrVotingMembersGoverningBody05
IRS990/NetAssetsOrFundBalancesBOY0-857055
IRS990/NetAssetsOrFundBalancesEOY0-814244
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0-831
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-831
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109608
IRS990/NumberIndependentVotingMembers00
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees08
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices0835332
IRS990/Occupancy/Total0835332
IRS990/OfficeExpenses/ManagementAndGeneral012113
IRS990/OfficeExpenses/Total012113
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY0285011
IRS990/OtherAssetsTotal/EOY0124558
IRS990/OtherExpensePriorYear01427025
IRS990/OtherExpensesCurrentYear01390244
IRS990/OtherExpenses/Description0Mgmt Company Employee C
IRS990/OtherExpenses/Description1Resident Activity Expen
IRS990/OtherExpenses/Description2Service Coordinator Con
IRS990/OtherExpenses/Description3Bookkeeping
IRS990/OtherExpenses/Description4Workmen's Comp
IRS990/OtherExpenses/ManagementAndGeneral0109182
IRS990/OtherExpenses/ManagementAndGeneral16300
IRS990/OtherExpenses/ManagementAndGeneral2718
IRS990/OtherExpenses/ProgramServices023557
IRS990/OtherExpenses/ProgramServices157288
IRS990/OtherExpenses/ProgramServices236646
IRS990/OtherExpenses/Total0132739
IRS990/OtherExpenses/Total157288
IRS990/OtherExpenses/Total236646
IRS990/OtherExpenses/Total36300
IRS990/OtherExpenses/Total4718
IRS990/OtherLiabilities/BOY0140327
IRS990/OtherLiabilities/EOY0134905
IRS990/OtherRevenueCurrentYear05682
IRS990/OtherRevenueMisc/BusinessCode0511110
IRS990/OtherRevenueMisc/BusinessCode1511110
IRS990/OtherRevenueMisc/BusinessCode2511110
IRS990/OtherRevenueMisc/Description0Laundry & Vending
IRS990/OtherRevenueMisc/Description1Tenant Charges
IRS990/OtherRevenueMisc/Description2Other Revenue-Misc.
IRS990/OtherRevenueMisc/ExclusionAmount04681
IRS990/OtherRevenueMisc/ExclusionAmount1621
IRS990/OtherRevenueMisc/ExclusionAmount2380
IRS990/OtherRevenueMisc/TotalRevenueColumn04681
IRS990/OtherRevenueMisc/TotalRevenueColumn1621
IRS990/OtherRevenueMisc/TotalRevenueColumn2380
IRS990/OtherRevenuePriorYear06396
IRS990/PartialLiquidation00
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY016772
IRS990/PrepaidExpensesDeferredCharges/EOY027860
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0531110
IRS990/ProgramServiceRevenueCY0628448
IRS990/ProgramServiceRevenue/Description0Rental Income
IRS990/ProgramServiceRevenuePriorYear0594445
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0628448
IRS990/ProgramServiceRevenue/TotalRevenueColumn0628448
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/Revenue0627617
IRS990/RevenuesLessExpensesCY042811
IRS990/RevenuesLessExpensesPriorYear0-15275
IRS990/SalariesEtcCurrentYear00
IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear0798603
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year0809927
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years0845118
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years092618
IRS990ScheduleA/GiftsGrantsContribReceived509/Total02546266
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear0322
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year011430
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years038773
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years044688
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years026445
IRS990ScheduleA/GrossInvestmentIncome509/Total0121658
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear0628448
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year0594445
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0551248
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years01326953
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years01299511
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total04400605
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear0322
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year011430
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years038773
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years044688
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years026445
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total0121658
IRS990ScheduleA/InvestmentIncomePercentage00.01710
IRS990ScheduleA/OtherIncome509/CurrentTaxYear05682
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year06396
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years06864
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years05831
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years09670
IRS990ScheduleA/OtherIncome509/Total034443
IRS990ScheduleA/PriorYearSupportPercentage00.97680
IRS990ScheduleA/PriorYrInvestIncomePercentage00.01780
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.97800
IRS990ScheduleA/PublicSupportTotal50906946871
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear01427051
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year01404372
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years01396366
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01419571
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years01299511
IRS990ScheduleA/Total509/Total06946871
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear01433055
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year01422198
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years01442003
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01470090
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01335626
IRS990ScheduleA/TotalSupportTotal/Total07102972
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue02128565
IRS990ScheduleD/Buildings/Depreciation04061320
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis06189885
IRS990ScheduleD/Equipment/BookValue0411417
IRS990ScheduleD/Equipment/Depreciation0696636
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01108053
IRS990ScheduleD/ExcessOrDeficitForYear042811
IRS990ScheduleD/ExcessOrDeficitPerFS042811
IRS990ScheduleD/ExpensesNotRptdF990020527
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01390244
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0In 2009, the Corporation adopted the Income Taxes topic of the FASB Accounting Standards Codification (ASC) 740, which provides guidance for how uncertain income tax positions should be recognized, measured, presented and disclosed in the financial statements. The Corporation is required to evaluate the income tax positions taken or expected to be taken to determine whether the positions are more-likely-than-not to be sustained upon examination by the applicable tax authority. The Corporation has determined that the application of the Income Taxes standard does not impact the operations of the Corporation and that no provision for income tax is required in the Corporations financial statements. There has been no interest or penalties recognized in the income statement or balance sheet for the year ended June 30, 2010. As of June 30, 2010, the following federal tax years remain open: June 30, 2007 through 2010.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1TAX LOSS ON DISPOSAL OF FIXED ASSETS: 831.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE: 20527.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Part X:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2Part XIII, Line 2d - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue0636634
IRS990ScheduleD/InvestmentsProgramRelated/BookValue1235069
IRS990ScheduleD/InvestmentsProgramRelated/Description0Reserve Replacement Fund
IRS990ScheduleD/InvestmentsProgramRelated/Description1Residual Receipts
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1C
IRS990ScheduleD/Land/BookValue0280315
IRS990ScheduleD/Land/OtherCostOrOtherBasis0280315
IRS990ScheduleD/LeaseholdImprovements/BookValue064949
IRS990ScheduleD/LeaseholdImprovements/Depreciation0228340
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0293289
IRS990ScheduleD/OtherExpensesIncluded020527
IRS990ScheduleD/OtherLiabilities/Amount050119
IRS990ScheduleD/OtherLiabilities/Amount118486
IRS990ScheduleD/OtherLiabilities/Amount221543
IRS990ScheduleD/OtherLiabilities/Amount344757
IRS990ScheduleD/OtherLiabilities/Description0Security Deposits
IRS990ScheduleD/OtherLiabilities/Description1Accrued Payroll
IRS990ScheduleD/OtherLiabilities/Description2Accrued Interest Payable
IRS990ScheduleD/OtherLiabilities/Description3Accrued Property Taxes
IRS990ScheduleD/OtherRevenues0831
IRS990ScheduleD/RevenueNotRptdF9900831
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal01433055
IRS990ScheduleD/TotalAdjustments00
IRS990ScheduleD/TotalExpenses01390244
IRS990ScheduleD/TotalExpensesPerForm99001390244
IRS990ScheduleD/TotalOfAmounts0134905
IRS990ScheduleD/TotalOfBookValueLandBuildings02885246
IRS990ScheduleD/TotalOfBookValueProgramRelated0871703
IRS990ScheduleD/TotalRevenue01433055
IRS990ScheduleD/TotalRevenuePerForm99001433055
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01410771
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01433886
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs038588
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0267144
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs037592
IRS990ScheduleJ/Form990ScheduleJPartII/NameBusiness/BusinessNameLine10JAMES M FORMAL
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs015723
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs022681
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0381728
IRS990ScheduleJ/IndependentConsultant0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction00
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson0All transactions are below minimum
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0MKV, INC IS MANAGED BY Maple Knoll Communities, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. Maple Knoll Communities HAS A PROJECT OWNERS AND MANAGEMENT AGENT's CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED Maple Knoll Communities TO MANAGE THE MKV, INC APARTMENT COMMUNITY.
IRS990ScheduleO/GeneralExplanation/Explanation1THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. FORM 990 IS ALSO SUBMITTED TO KEN HUFF, CFO, FOR REVIEW.
IRS990ScheduleO/GeneralExplanation/Explanation2All conflicts of interest are required to be disclosed at the annual board meeting. There is also a "hotline" that is responded to by the corporate compliance committee. That committee investigates all claims and reports those results to the Board of Directors.
IRS990ScheduleO/GeneralExplanation/Explanation3The Executive Committee of the Board of Directors recommends the level of compensation of the Chief Executive Officer. Outside counsel is consulted upon initial hiring on the reasonableness of the compensation package. The Chief Executive Officer then sets the compensation levels of the officers, following performance evaluations.
IRS990ScheduleO/GeneralExplanation/Explanation4THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/GeneralExplanation/Explanation6Maple Knoll Communities IS THE MANAGEMENT COMPANY AND EMPLOYS THE INDIVIDUALS WHO WORK AT THE PROJECT. MKV, Inc. REIMBURSES Maple Knoll Communities FOR THE EMPLOYEE'S SALARIES AND OTHER COSTS ASSOCIATED WITH THEIR EMPLOYMENT.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/Identifier5Part XI, Line 2c
IRS990ScheduleO/GeneralExplanation/Identifier6Schedule R, Part V, Line 1N
IRS990ScheduleO/GeneralExplanation/ReturnReference0Oversight of Auditing Function
IRS990ScheduleO/GeneralExplanation/ReturnReference1Sharing of Paid Employees
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1011100 SPRINGFIELD PIKE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1111100 SPRINGFIELD PIKE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1211100 SPRINGFIELD PIKE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.07$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.04$0.04$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.04$0.00$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.04$0.04$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.04$0.00$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.04$0.00$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.40$0.00$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$4.89$2.70$2.19
2016Detailed filing. Detailed filing data is available for this year.$3.87$4.41$0.54$1.43$1.31$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.91$4.57$0.67$1.48$1.42$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.92$4.65$0.73$1.46$1.42$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$4.75$0.78$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$4.84$0.80$1.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$4.97$0.82$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$5.03$0.81$1.39