Civic Intelligence

Mkv Inc.

990 • Fiscal year 2020 • EIN 31-0914017

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

11100 Springfield PikeCincinnati, OH 45246

(513) 782-2726

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$562,059

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 1458.7% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

38th percentile

1.8%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

0.1%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,122,827

Up $38,430 (+1.8%) from 2019

Net Assets

Up

$2,121,592

Up $38,430 (+1.8%) from 2019

Liabilities

Flat

$1,235

Flat from 2019

Revenue

Up

$38,531

Up $24 (+0.1%) from 2019

Expenses

Down

$101

Down $2,630 (-96%) from 2019

Net Income

Up

$38,430

Up $2,654 (+7.4%) from 2019

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

2020

Assets$2,122,827
Liabilities$1,235
Net Assets$2,121,592

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

2020

Revenue$38,531
Expenses$101
Net Income$38,430
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$38,531
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,084,251$2,122,281▲ $38,030
Cash and Non-Interest-Bearing Accounts$146$546▲ $400
Total Assets$2,084,397$2,122,827▲ $38,430
Liabilities
Accounts Payable and Accrued Expenses$1,235$1,235→ $0
Total Liabilities$1,235$1,235→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,083,162$2,121,592▲ $38,430
Total Net Assets Fund Balance$2,083,162$2,121,592▲ $38,430
Total Liabilities and Net Assets / Fund Balance$2,084,397$2,122,827▲ $38,430
Compensation and Service Providers

Employees

NameTitleOtherTotal
Megan UlrichVice President$133,113$133,113

Board Members and Trustees

NameTitle
John BloomstromChairman
James M FormalPresident & CEO
Fred RobbinsFirst Vice-chairman
Marilyn HoskinsSecond Vice-chairman
Andrew CraigVice President
Timothy McgowanVice President
Ronald BeymerBoard Member
James StahlCFO
David ZuidemaSecretary
Kurt MartyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$38,031
Investment Income
$0
Other Revenue
$0
All Other Contributions
$500
Change in Net Assets
$38,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$101-$101
Total Functional Expenses$0$101$0$101
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Mkv, inc is managed by maple knoll communities, a professional property management company. Maple knoll communities has a project owner's 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 both prior to its sale in 2016 and going forward as it continues to fund mk meadows gp, llc. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and the tenants as needed in order to establish a safe, sanitary and affordable environment. All of the officers, key employees, and highest compensated employees listed in part vii are compensated by maple knoll communities and their compensation is listed in part vii.

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

The accounting 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 james stahl, cfo, for review.

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

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.

Form 990, Part VI, Section B, Line 15A

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.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Mkv Inc
EIN
31-0914017
Phone
5137822726
Address
11100 SPRINGFIELD PIKE, CINCINNATI, OH 45246
Doing Business As
The Meadows

Signing Officer

Name
James Stahl
Title
CFO
Phone
5137822726
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Stahl
Formed
2005
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Cassia J Harleman
Phone
3178485700
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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/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES STAHL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0FINANCING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038031
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt035776
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IRS990/PYTotalExpensesAmt02731
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt038507
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt038430
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt038031
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0350000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0273471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0834572
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01459743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0573
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01773
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038031
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt037252
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt054639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0177433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0585624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0892979
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0573
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02346
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt012737
IRS990ScheduleA/OtherIncome509Grp/TotalAmt018377
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94320
IRS990ScheduleA/PublicSupportPY509Pct00.99030
IRS990ScheduleA/PublicSupportTotal509Amt02238586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt033031
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt032252
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt048853
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0114136
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt033031
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt032252
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt048853
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0114136
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt038452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0404639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0450904
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01420196
IRS990ScheduleA/Total509Grp/TotalAmt02352722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt038531
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt038452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0404639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0457117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01434706
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02373445
IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt070000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt115000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt230000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt315000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0281257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1120145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2178640
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3128282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt04845
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt14305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt25359
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt34259
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017384
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt16027
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt26027
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt318427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0185018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt125579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt25131
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt313739
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMES M FORMAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES STAHL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2TIMOTHY MCGOWAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ANDREW CRAIG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0562059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1171056
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2225157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3179707
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MKV, INC IS MANAGED BY MAPLE KNOLL COMMUNITIES, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. MAPLE KNOLL COMMUNITIES HAS A PROJECT OWNER'S 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 BOTH PRIOR TO ITS SALE IN 2016 AND GOING FORWARD AS IT CONTINUES TO FUND MK MEADOWS GP, LLC. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND THE TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. ALL OF THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED IN PART VII ARE COMPENSATED BY MAPLE KNOLL COMMUNITIES AND THEIR COMPENSATION IS LISTED IN PART VII.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ACCOUNTING 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 JAMES STAHL, CFO, FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL 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/SupplementalInformationDetail/ExplanationTxt3THE 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/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0MKV INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0352540795
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.90000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MK MEADOWS GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt03524246
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03870 VIRGINIA AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CINCINNATI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd045227
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MAPLE KNOLL COMMUNITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SYCAMORE-ANDERSON SENIOR HOUSING INC II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SYCAMORE ANDERSON SENIOR HOUSING INC DBA FLORA GARDENS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0310544277
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1311428462

Document Assets

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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