Civic Intelligence

Hoosier Manor Inc.

990 • Fiscal year 2014 • EIN 31-1011190

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 15, 2015

5415 Bearberry LaneSuiteIndianapolis, IN 46268

(317) 873-3371

Siviq Scores

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

Liabilities / Assets

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

3.85x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

43rd percentile

0.4%

Faster asset growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

27th percentile

-5.6%

Faster revenue growth than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,696,699

Up $10,734 (+0.4%) from 2013

Net Assets

Down

-$489,131

Down $11,612 (-2.4%) from 2013

Liabilities

Up

$3,185,830

Up $22,346 (+0.7%) from 2013

Revenue

Down

$826,490

Down $48,617 (-5.6%) from 2013

Expenses

Up

$838,102

Up $43,811 (+5.5%) from 2013

Net Income

Down

-$11,612

Down $92,428 (-114%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $2,641,327Liabilities 2012: $3,199,662Net Assets 2012: -$558,3352012Assets 2013: $2,685,965Liabilities 2013: $3,163,484Net Assets 2013: -$477,5192013Assets 2014: $2,696,699Liabilities 2014: $3,185,830Net Assets 2014: -$489,1312014Assets 2015: $2,612,228Liabilities 2015: $3,150,029Net Assets 2015: -$537,8012015Assets 2016: $2,574,548Liabilities 2016: $3,138,000Net Assets 2016: -$563,4522016Assets 2017: $2,553,568Liabilities 2017: $3,079,256Net Assets 2017: -$525,6882017Assets 2018: $2,448,417Liabilities 2018: $2,982,512Net Assets 2018: -$534,0952018Assets 2019: $2,386,911Liabilities 2019: $2,884,050Net Assets 2019: -$497,1392019Assets 2020: $2,406,247Liabilities 2020: $2,874,838Net Assets 2020: -$468,5912020Assets 2021: $2,357,095Liabilities 2021: $2,730,725Net Assets 2021: -$373,6302021Assets 2022: $2,410,141Liabilities 2022: $2,685,336Net Assets 2022: -$275,1952022Assets 2023: $1,580,131Liabilities 2023: $2,620,780Net Assets 2023: -$1,040,6492023Assets 2024: $917,465Liabilities 2024: $2,950,416Net Assets 2024: -$2,032,9512024

Highlighted filing

2014

Assets$2,696,699
Liabilities$3,185,830
Net Assets-$489,131

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $774,9602012Revenue 2013: $875,107Expenses 2013: $794,291Net Income 2013: $80,8162013Revenue 2014: $826,490Expenses 2014: $838,102Net Income 2014: -$11,6122014Revenue 2015: $788,356Expenses 2015: $837,026Net Income 2015: -$48,6702015Revenue 2016: $740,532Expenses 2016: $766,183Net Income 2016: -$25,6512016Revenue 2017: $830,181Expenses 2017: $792,417Net Income 2017: $37,7642017Revenue 2018: $797,999Expenses 2018: $806,406Net Income 2018: -$8,4072018Revenue 2019: $886,530Expenses 2019: $849,574Net Income 2019: $36,9562019Revenue 2020: $898,178Expenses 2020: $834,218Net Income 2020: $63,9602020Revenue 2021: $922,762Expenses 2021: $827,801Net Income 2021: $94,9612021Revenue 2022: $949,531Expenses 2022: $851,096Net Income 2022: $98,4352022Revenue 2023: $717,515Expenses 2023: $1,482,969Net Income 2023: -$765,4542023Revenue 2024: $232,855Expenses 2024: $1,225,157Net Income 2024: -$992,3022024

Highlighted filing

2014

Revenue$826,490
Expenses$838,102
Net Income-$11,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 15, 2015
Return Version
2014v5.0
Gross Receipts
$826,490
Mission and Program Overview

Mission

To operate a hud subsidized rental housing project for low income elderly and persons needing a specially-designed rental unit.

To operate a hud subsidized rental housing project for low income elderly and persons needing a specially designed rental unit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,509,413$1,529,361▲ $19,948
Savings and Temporary Cash Investments$903,429$1,021,234▲ $117,805
Prepaid Expenses and Deferred Charges$7,991$5,008▼ $2,983
Accounts Receivable$96,554$4,971▼ $91,583
Cash and Non-Interest-Bearing Accounts$31,733$914▼ $30,819
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,685,965$2,696,699▲ $10,734
Other Assets Total$136,845$135,211▼ $1,634
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,070,196$3,092,048▲ $21,852
Accounts Payable and Accrued Expenses$73,675$72,951▼ $724
Other Liabilities$19,613$20,831▲ $1,218
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,163,484$3,185,830▲ $22,346
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-477,519$-489,131▼ $11,612
Total Net Assets Fund Balance$-477,519$-489,131▼ $11,612
Total Liabilities and Net Assets / Fund Balance$2,685,965$2,696,699▲ $10,734

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,404,397$2,517,001$3,921,398
Equipment$71,522$69,926$141,448
Land$53,442-$53,442
Other Assets Org$135,211--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Norman D CurryChairperson (jan-nov)
Ronald S LaneVice Chairperson
Roger D MillerDirector
Wendy L MeredithDirector
Marvin a HenryAsst Secretary/treasurer
Margaret a McfryeSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$825,565
Investment Income
$925
Other Revenue
$0
Change in Net Assets
$-11,612

Audited Revenue Reconciliation

Revenue per Audited Statements
$826,490
Total Revenue per Audited Statements
$826,490
Total Revenue per Form 990
$826,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$838,102
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
Occupancy$452,585--$452,585
Depreciation Depletion$148,239--$148,239
Fees for Services Management$37,404$4,156$0$41,560
Fees for Services Accounting$2,550$5,900-$8,450
Advertising$6,150--$6,150
Office Expenses$4,913--$4,913
Other Expenses$25,206$2,646-$2,646
Conferences and Meetings$1,553--$1,553
Fees for Services Legal-$990-$990
Total Functional Expenses$818,397$19,705$0$838,102

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$838,102
Total Expenses per Audited Statements$838,102
Total Expenses per Form 990$838,102
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$20,831
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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

Delegation of control to a management company or other person: the organization uses bhi senior living, inc. As its management company. Bhi senior living, inc. Is paid a management fee in the amount of 5% of all rental income including housing assistance payments under section 8.

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

Process to review the form 990: review of the organization's form 990 prior to the filing of the return is made by an officer of the managing agent of the organization. The form 990 is also reviewed by the board of directors and an independent accounting firm prior to filing.

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

Process for monitoring compliance with conflict of interest policy: all bhi representatives are required to immediately disclose any potential or perceived conflict of interest at the time it develops by submitting a completed conflict of interest statement form. The statement shall be forwarded to the corporate compliance officer for review by the corporate compliance, internal audit, and risk management committee of the bhi board of directors. In addition, board of directors, officers, executive directors, and other designated persons are required to complete the conflict of interest statement to disclose or re-disclose any conflict of interest on an annual basis. In addition, the board of director members shall review and submit a signed code of professional ethics statement on an annual basis. The statements will be reviewed by the corporate compliance committee and will result in one of the following actions; the disclosed conflict shall be approved as submitted. The disclosed conflict shall not be approved as submitted and specific requirements shall be developed by the corporate compliance committee regarding actions to be taken by the individual to resolve the conflict. The disclosed conflict shall be approved with the requirement of specified procedures to be implemented and thereafter monitored by the corporate compliance committee to ensure proper management of the identified conflict.

Form 990, Part VI, Section C, Line 19

Governing documents available to public: the organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hoosier Manor Inc
EIN
31-1011190
In Care Of
% ROGER E WEIDEMAN II
Phone
3178733371
Address
5415 BEARBERRY LANE, Suite, INDIANAPOLIS, IN 46268
Doing Business As
Crawford Manor

Signing Officer

Name
Roger E Weideman Ii
Title
Vice President/CFO
Phone
3178733371
Signed
2015-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald S Lane
Formed
1981
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Bkd Llp
Address
201 N Illinois Street, Indianapolis, IN 46204
Preparer
Nicole B Fishback
Phone
3173834000
Supplemental Narrative

Financial Statement Notes

Part X, Line 2

Asc 740 disclosure: management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/OccupancyGrp/TotalAmt0452585
IRS990/OfficeExpensesGrp/ProgramServicesAmt04913
IRS990/OfficeExpensesGrp/TotalAmt04913
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0136845
IRS990/OtherAssetsTotalGrp/EOYAmt0135211
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1OTHER RENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06013
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12646
IRS990/OtherExpensesGrp/ProgramServicesAmt0139797
IRS990/OtherExpensesGrp/ProgramServicesAmt125206
IRS990/OtherExpensesGrp/TotalAmt0145810
IRS990/OtherExpensesGrp/TotalAmt125206
IRS990/OtherExpensesGrp/TotalAmt22646
IRS990/OtherLiabilitiesGrp/BOYAmt019613
IRS990/OtherLiabilitiesGrp/EOYAmt020831
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07991
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05008
IRS990/PrincipalOfficerNm0RONALD S LANE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME-RESIDENT
IRS990/ProgramServiceRevenueGrp/Desc1HUD SECTION 8
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0211245
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1608150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25611
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0211245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1608150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3559
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt055778
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0794291
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0819329
IRS990/PYRevenuesLessExpensesAmt080816
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0794291
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0875107
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-11612
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0825565
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0903429
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01021234
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0925
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0842
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01854
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01435
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06101
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0825565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0819329
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0753351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0799536
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0778869
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03976650
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0925
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0842
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01854
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01435
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06101
IRS990ScheduleA/InvestmentIncomeCYPct00.00153
IRS990ScheduleA/InvestmentIncomePYPct00.00169
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99847
IRS990ScheduleA/PublicSupportPY509Pct00.99831
IRS990ScheduleA/PublicSupportTotal509Amt03976650
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0825565
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0819329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0753351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0799536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0778869
IRS990ScheduleA/Total509Grp/TotalAmt03976650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0826490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0820171
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0754396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0801390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0780304
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03982751
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01404397
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02517001
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03921398
IRS990ScheduleD/EquipmentGrp/BookValueAmt071522
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069926
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141448
IRS990ScheduleD/ExpensesSubtotalAmt0838102
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt053442
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053442
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0135211
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0826490
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01529361
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0135211
IRS990ScheduleD/TotalExpensesPerForm990Amt0838102
IRS990ScheduleD/TotalLiabilityAmt020831
IRS990ScheduleD/TotalRevenuePerForm990Amt0826490
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0826490
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0838102
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELEGATION OF CONTROL TO A MANAGEMENT COMPANY OR OTHER PERSON: THE ORGANIZATION USES BHI SENIOR LIVING, INC. AS ITS MANAGEMENT COMPANY. BHI SENIOR LIVING, INC. IS PAID A MANAGEMENT FEE IN THE AMOUNT OF 5% OF ALL RENTAL INCOME INCLUDING HOUSING ASSISTANCE PAYMENTS UNDER SECTION 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS TO REVIEW THE FORM 990: REVIEW OF THE ORGANIZATION'S FORM 990 PRIOR TO THE FILING OF THE RETURN IS MADE BY AN OFFICER OF THE MANAGING AGENT OF THE ORGANIZATION. THE FORM 990 IS ALSO REVIEWED BY THE BOARD OF DIRECTORS AND AN INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: ALL BHI REPRESENTATIVES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POTENTIAL OR PERCEIVED CONFLICT OF INTEREST AT THE TIME IT DEVELOPS BY SUBMITTING A COMPLETED CONFLICT OF INTEREST STATEMENT FORM. THE STATEMENT SHALL BE FORWARDED TO THE CORPORATE COMPLIANCE OFFICER FOR REVIEW BY THE CORPORATE COMPLIANCE, INTERNAL AUDIT, AND RISK MANAGEMENT COMMITTEE OF THE BHI BOARD OF DIRECTORS. IN ADDITION, BOARD OF DIRECTORS, OFFICERS, EXECUTIVE DIRECTORS, AND OTHER DESIGNATED PERSONS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST STATEMENT TO DISCLOSE OR RE-DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS. IN ADDITION, THE BOARD OF DIRECTOR MEMBERS SHALL REVIEW AND SUBMIT A SIGNED CODE OF PROFESSIONAL ETHICS STATEMENT ON AN ANNUAL BASIS. THE STATEMENTS WILL BE REVIEWED BY THE CORPORATE COMPLIANCE COMMITTEE AND WILL RESULT IN ONE OF THE FOLLOWING ACTIONS; THE DISCLOSED CONFLICT SHALL BE APPROVED AS SUBMITTED. THE DISCLOSED CONFLICT SHALL NOT BE APPROVED AS SUBMITTED AND SPECIFIC REQUIREMENTS SHALL BE DEVELOPED BY THE CORPORATE COMPLIANCE COMMITTEE REGARDING ACTIONS TO BE TAKEN BY THE INDIVIDUAL TO RESOLVE THE CONFLICT. THE DISCLOSED CONFLICT SHALL BE APPROVED WITH THE REQUIREMENT OF SPECIFIED PROCEDURES TO BE IMPLEMENTED AND THEREAFTER MONITORED BY THE CORPORATE COMPLIANCE COMMITTEE TO ENSURE PROPER MANAGEMENT OF THE IDENTIFIED CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AVAILABLE TO PUBLIC: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON 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 C, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

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