Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Down$4,147,475
Down $70,030 (-1.7%) from 2010
Net Assets
Down-$822,999
Down $8,755 (-1.1%) from 2010
Liabilities
Down$4,970,474
Down $61,275 (-1.2%) from 2010
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$1,410,407
Up $20,163 (+1.5%) from 2010
Net Income
-
No earlier filing loaded for comparison.
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.
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/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 37483 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 61735 |
| IRS990/AccountsReceivable/BOY | 0 | 896 |
| IRS990/AccountsReceivable/EOY | 0 | 69131 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | 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 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 29, 2016. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 11100 SPRINGFIELD PIKE |
| IRS990/AddressPrincipalOfficerUS/City | 0 | CINCINNATI |
| IRS990/AddressPrincipalOfficerUS/State | 0 | OH |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 45246 |
| IRS990/Advertising/ManagementAndGeneral | 0 | 2480 |
| IRS990/Advertising/Total | 0 | 2480 |
| IRS990/AllOtherContributions | 0 | 47112 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 1 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | 0 |
| IRS990/BsnssRltnshpWithOrganization | 0 | 0 |
| IRS990/CashNonInterestBearing/BOY | 0 | 117077 |
| IRS990/CashNonInterestBearing/EOY | 0 | 47618 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 0 |
| IRS990/ComplianceWithBackupWitholding | 0 | 1 |
| IRS990/ConferencesMeetings/ManagementAndGeneral | 0 | 5793 |
| IRS990/ConferencesMeetings/Total | 0 | 5793 |
| IRS990/ConflictOfInterestPolicy | 0 | 1 |
| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 0 |
| IRS990/ContributionsGrantsCurrentYear | 0 | 788243 |
| IRS990/ContributionsGrantsPriorYear | 0 | 798603 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DeferredRevenue/BOY | 0 | 102 |
| IRS990/DelegationOfManagementDuties | 0 | 1 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 222347 |
| IRS990/DepreciationDepletion/Total | 0 | 222347 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | 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 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 29, 2016. |
| IRS990/DisregardedEntity | 0 | 0 |
| IRS990/DocumentRetentionPolicy | 0 | 1 |
| IRS990/DoingBusinessAs/BusinessNameLine1 | 0 | THE MEADOWS |
| IRS990/DonorAdvisedFunds | 0 | 0 |
| IRS990/ElectionOfBoardMembers | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiled | 0 | 0 |
| IRS990/ExcessBenefitTransaction | 0 | 0 |
| IRS990/Expense | 0 | 1189553 |
| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
| IRS990/FederalGrantAuditPerformed | 0 | 1 |
| IRS990/FederalGrantAuditRequired | 0 | 1 |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 10770 |
| IRS990/FeesForServicesAccounting/Total | 0 | 10770 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 342 |
| IRS990/FeesForServicesLegal/Total | 0 | 342 |
| IRS990/FeesForServicesManagement/ManagementAndGeneral | 0 | 64573 |
| IRS990/FeesForServicesManagement/Total | 0 | 64573 |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | 0 |
| IRS990/ForeignFinancialAccount | 0 | 0 |
| IRS990/ForeignOffice | 0 | 0 |
| IRS990/Form8282PropertyDisposedOf | 0 | 0 |
| IRS990/Form8899Filed | 0 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 45.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | STEVEN A WILSON |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | JAMES M FORMAL |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | STEVEN L BRASH |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | WILLIAM BROWN |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | GARY HUFFMAN |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | RONALD WILEY |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/Officer | 3 | X |
| IRS990/Form990PartVIISectionA/Officer | 4 | X |
| IRS990/Form990PartVIISectionA/Officer | 5 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 50352 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 345799 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | FIRST VICE CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 1 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionA/Title | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 3 | SECRETARY |
| IRS990/Form990PartVIISectionA/Title | 4 | TREASURER |
| IRS990/Form990PartVIISectionA/Title | 5 | 2ND VICE CHAIRMAN |
| IRS990/Form990ProvidedToGoverningBody | 0 | 1 |
| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 1 |
| IRS990/FundraisingActivities | 0 | 0 |
| IRS990/GainOrLoss/Other | 0 | -8158 |
| IRS990/Gaming | 0 | 0 |
| IRS990/GovernmentGrants | 0 | 741131 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | 0 |
| IRS990/GrantsToOrganizations | 0 | 0 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
| IRS990/GrossReceipts | 0 | 1409810 |
| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InfoInScheduleOPartXII | 0 | X |
| IRS990/IntangibleAssets/BOY | 0 | 190165 |
| IRS990/IntangibleAssets/EOY | 0 | 182609 |
| IRS990/InvestmentIncomeCurrentYear | 0 | -6016 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 2142 |
| IRS990/InvestmentIncomePriorYear | 0 | 322 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 2142 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/InvestmentsProgramRelated/BOY | 0 | 871703 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 949835 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 5143182 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 7893007 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 2885246 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 2749825 |
| IRS990/LessCostOthBasisSalesExpenses/Other | 0 | 8158 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | 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 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 29, 2016. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/MortNotesPyblSecuredInvestProp/BOY | 0 | 4859259 |
| IRS990/MortNotesPyblSecuredInvestProp/EOY | 0 | 4764694 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | JAMES M FORMAL |
| IRS990/NbrIndependentVotingMembers | 0 | 0 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 6 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 6 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | -814244 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | -822999 |
| IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome | 0 | -8158 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | -8158 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 6 |
| IRS990/NumberIndependentVotingMembers | 0 | 0 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 8 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ProgramServices | 0 | 847871 |
| IRS990/Occupancy/Total | 0 | 847871 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 13210 |
| IRS990/OfficeExpenses/Total | 0 | 13210 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | 1 |
| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 124558 |
| IRS990/OtherAssetsTotal/EOY | 0 | 123865 |
| IRS990/OtherExpensePriorYear | 0 | 1390244 |
| IRS990/OtherExpensesCurrentYear | 0 | 1410407 |
| IRS990/OtherExpenses/Description | 0 | MGMT COMPANY EMPLOYEE C |
| IRS990/OtherExpenses/Description | 1 | RESIDENT ACTIVITY EXPEN |
| IRS990/OtherExpenses/Description | 2 | SERVICE COORDINATOR CON |
| IRS990/OtherExpenses/Description | 3 | BAD DEBTS |
| IRS990/OtherExpenses/Description | 4 | WORKMEN'S COMP |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 122924 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 762 |
| IRS990/OtherExpenses/ProgramServices | 0 | 28401 |
| IRS990/OtherExpenses/ProgramServices | 1 | 48362 |
| IRS990/OtherExpenses/ProgramServices | 2 | 41703 |
| IRS990/OtherExpenses/ProgramServices | 3 | 869 |
| IRS990/OtherExpenses/Total | 0 | 151325 |
| IRS990/OtherExpenses/Total | 1 | 48362 |
| IRS990/OtherExpenses/Total | 2 | 41703 |
| IRS990/OtherExpenses/Total | 3 | 869 |
| IRS990/OtherExpenses/Total | 4 | 762 |
| IRS990/OtherLiabilities/BOY | 0 | 134905 |
| IRS990/OtherLiabilities/EOY | 0 | 144045 |
| IRS990/OtherRevenueCurrentYear | 0 | 6155 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 531110 |
| IRS990/OtherRevenueMisc/BusinessCode | 1 | 531110 |
| IRS990/OtherRevenueMisc/BusinessCode | 2 | 531110 |
| IRS990/OtherRevenueMisc/Description | 0 | LAUNDRY & VENDING |
| IRS990/OtherRevenueMisc/Description | 1 | TENANT CHARGES |
| IRS990/OtherRevenueMisc/Description | 2 | OTHER REVENUE-MISC. |
| IRS990/OtherRevenueMisc/ExclusionAmount | 0 | 5333 |
| IRS990/OtherRevenueMisc/ExclusionAmount | 1 | 712 |
| IRS990/OtherRevenueMisc/ExclusionAmount | 2 | 110 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 5333 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 1 | 712 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 2 | 110 |
| IRS990/OtherRevenuePriorYear | 0 | 5682 |
| IRS990/PartialLiquidation | 0 | 0 |
| IRS990/PoliticalActivities | 0 | 0 |
| IRS990/PremiumsPaid | 0 | 0 |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 27860 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 24592 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 531110 |
| IRS990/ProgramServiceRevenueCY | 0 | 613270 |
| IRS990/ProgramServiceRevenue/Description | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 628448 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 613270 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 613270 |
| IRS990/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990/QuidProQuoContributions | 0 | 0 |
| IRS990/ReconcilationOtherChanges | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | -8755 |
| IRS990/RegularMonitoringEnforcement | 0 | 1 |
| IRS990/RelatedEntity | 0 | 1 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
| IRS990/ReportFin48Footnote | 0 | 1 |
| IRS990/ReportInvestOthSecurities | 0 | 0 |
| IRS990/ReportLandBldgEquip | 0 | 1 |
| IRS990/ReportOtherAssets | 0 | 0 |
| IRS990/ReportOtherLiabilities | 0 | 1 |
| IRS990/ReportProgRelInvest | 0 | 1 |
| IRS990/Revenue | 0 | 605112 |
| IRS990/RevenuesLessExpensesCY | 0 | -8755 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 42811 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990/SalariesEtcPriorYear | 0 | 0 |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
| IRS990ScheduleA/GeneralExplanation | 0 | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear | 0 | 788243 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year | 0 | 798603 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years | 0 | 809927 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years | 0 | 845118 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years | 0 | 92618 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/Total | 0 | 3334509 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear | 0 | 2142 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year | 0 | 322 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years | 0 | 11430 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years | 0 | 38773 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years | 0 | 44688 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 97355 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear | 0 | 613270 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year | 0 | 628448 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years | 0 | 594445 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years | 0 | 551248 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years | 0 | 1326953 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 3714364 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear | 0 | 2142 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year | 0 | 322 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years | 0 | 11430 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years | 0 | 38773 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years | 0 | 44688 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 97355 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.01360 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYear | 0 | 6155 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year | 0 | 5682 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years | 0 | 6396 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years | 0 | 6864 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years | 0 | 5831 |
| IRS990ScheduleA/OtherIncome509/Total | 0 | 30928 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.97800 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.01710 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.98210 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 7048873 |
| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
| IRS990ScheduleA/Total509/CurrentTaxYear | 0 | 1401513 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year | 0 | 1427051 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years | 0 | 1404372 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years | 0 | 1396366 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 1419571 |
| IRS990ScheduleA/Total509/Total | 0 | 7048873 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear | 0 | 1409810 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year | 0 | 1433055 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years | 0 | 1422198 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years | 0 | 1442003 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years | 0 | 1470090 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 7177156 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleD/Buildings/BookValue | 0 | 2000207 |
| IRS990ScheduleD/Buildings/Depreciation | 0 | 4211113 |
| IRS990ScheduleD/Buildings/OtherCostOrOtherBasis | 0 | 6211320 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 388514 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 697178 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 1085692 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -8755 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -8755 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 36226 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 1410407 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | BOOK/TAX DIFFERENCE IN LOSS ON DISPOSAL 2,341. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 2 | BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 36,226. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 2 | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | PART X: |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 0 | 639071 |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 1 | 310764 |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 0 | RESERVE REPLACEMENT FUND |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 1 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation | 0 | C |
| IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation | 1 | C |
| IRS990ScheduleD/Land/BookValue | 0 | 280315 |
| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 280315 |
| IRS990ScheduleD/LeaseholdImprovements/BookValue | 0 | 80789 |
| IRS990ScheduleD/LeaseholdImprovements/Depreciation | 0 | 234891 |
| IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis | 0 | 315680 |
| IRS990ScheduleD/OtherExpensesIncluded | 0 | 36226 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 50770 |
| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 23972 |
| IRS990ScheduleD/OtherLiabilities/Amount | 2 | 21124 |
| IRS990ScheduleD/OtherLiabilities/Amount | 3 | 48179 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | ACCRUED PAYROLL |
| IRS990ScheduleD/OtherLiabilities/Description | 2 | ACCRUED INTEREST PAYABLE |
| IRS990ScheduleD/OtherLiabilities/Description | 3 | ACCRUED PROPERTY TAXES |
| IRS990ScheduleD/OtherRevenues | 0 | 2341 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 2341 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1401652 |
| IRS990ScheduleD/TotalAdjustments | 0 | 0 |
| IRS990ScheduleD/TotalExpenses | 0 | 1410407 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 1410407 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 144045 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 2749825 |
| IRS990ScheduleD/TotalOfBookValueProgramRelated | 0 | 949835 |
| IRS990ScheduleD/TotalRevenue | 0 | 1401652 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1401652 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 1446633 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1403993 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 38588 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs | 0 | 301491 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 0 | 34698 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | JAMES M FORMAL |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 0 | 15654 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 0 | 5720 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 396151 |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson | 0 | ALL TRANSACTIONS ARE BELOW MINIMUM |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | MKV, 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/Explanation | 1 | THE 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/Explanation | 2 | ALL 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/Explanation | 3 | THE 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/Explanation | 4 | THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | THE 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/Explanation | 6 | MAPLE 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/Identifier | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | OVERSIGHT OF AUDITING FUNCTION |
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Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.