Civic Intelligence

Beaver Creek Elderly Inc.

990 • Fiscal year 2022 • EIN 31-1070521

Jan 01, 2022 to Dec 31, 2022 • Filed on May 18, 2023

2700 E Dublin-Granville RdColumbus, OH 43231

(614) 818-4640

Siviq Scores

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

Liabilities / Assets

97th percentile

1.57x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

3.18x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

62nd percentile

14%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

53rd percentile

3.0%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-2.7%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$995,369

Up $29,419 (+3.0%) from 2021

Net Assets

Up

-$568,632

Up $67,680 (+11%) from 2021

Liabilities

Down

$1,564,001

Down $38,261 (-2.4%) from 2021

Revenue

Down

$491,542

Down $13,878 (-2.7%) from 2021

Expenses

Up

$423,862

Up $39,950 (+10%) from 2021

Net Income

Down

$67,680

Down $53,828 (-44%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2016: $898,489Liabilities 2016: $1,801,954Net Assets 2016: -$903,4652016Assets 2017: $962,452Liabilities 2017: $1,752,318Net Assets 2017: -$789,8662017Assets 2018: $926,534Liabilities 2018: $1,726,367Net Assets 2018: -$799,8332018Assets 2019: $901,269Liabilities 2019: $1,687,825Net Assets 2019: -$786,5562019Assets 2020: $900,727Liabilities 2020: $1,658,547Net Assets 2020: -$757,8202020Assets 2021: $965,950Liabilities 2021: $1,602,262Net Assets 2021: -$636,3122021Assets 2022: $995,369Liabilities 2022: $1,564,001Net Assets 2022: -$568,6322022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$995,369
Liabilities$1,564,001
Net Assets-$568,632

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $462,856Expenses 2016: $367,138Net Income 2016: $95,7182016Revenue 2017: $474,536Expenses 2017: $360,937Net Income 2017: $113,5992017Revenue 2018: $378,666Expenses 2018: $388,632Net Income 2018: -$9,9662018Revenue 2019: $428,476Expenses 2019: $415,200Net Income 2019: $13,2762019Revenue 2020: $403,959Expenses 2020: $375,223Net Income 2020: $28,7362020Revenue 2021: $505,420Expenses 2021: $383,912Net Income 2021: $121,5082021Revenue 2022: $491,542Expenses 2022: $423,862Net Income 2022: $67,6802022Revenue 2023: $237,794Expenses 2023: $329,178Net Income 2023: -$91,3842023

Highlighted filing

2022

Revenue$491,542
Expenses$423,862
Net Income$67,680
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 18, 2023
Return Version
2022v5.0
Gross Receipts
$491,542
Mission and Program Overview

Mission

Apartment rental to the

Apartment rental to the elderly and handicapped and related services of which are partially subsidized by HUD.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$297,509$285,906▼ $11,603
Cash and Non-Interest-Bearing Accounts$116,910$119,365▲ $2,455
Intangible Assets$93,286$89,056▼ $4,230
Savings and Temporary Cash Investments$15,118$15,119▲ $1
Accounts Receivable$9,437$9,553▲ $116
Prepaid Expenses and Deferred Charges$4,347$5,525▲ $1,178
Total Assets$965,950$995,369▲ $29,419
Other Assets Total$429,343$470,845▲ $41,502
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,540,784$1,496,577▼ $44,207
Accounts Payable and Accrued Expenses$44,135$49,026▲ $4,891
Other Liabilities$14,491$13,519▼ $972
Deferred Revenue$2,852$4,879▲ $2,027
Total Liabilities$1,602,262$1,564,001▼ $38,261
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-636,312$-568,632▲ $67,680
Total Net Assets Fund Balance$-636,312$-568,632▲ $67,680
Total Liabilities and Net Assets / Fund Balance$965,950$995,369▲ $29,419

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$173,269$1,728,732-
Other Land Buildings$2,340$48,065-
Land$110,297--
Equipment$0$111,512-
Other Assets Org$172,741--
Compensation and Service Providers

Board Members and Trustees

NameTitle
William MoorheadPresident
Melissa SteelSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$491,052
Investment Income
$490
Other Revenue
$0
Change in Net Assets
$67,680

Audited Revenue Reconciliation

Revenue per Audited Statements
$491,542
Total Revenue per Audited Statements
$491,542
Total Revenue per Form 990
$491,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$322,924
Salaries, Compensation, and Employee Benefits$100,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$103,358$0$0$103,358
Other Salaries and Wages$78,207$14,028$0$92,235
Interest$60,176$0$0$60,176
Fees for Services Management$0$35,967$0$35,967
Insurance$19,970$0$0$19,970
Depreciation Depletion$15,832$0$0$15,832
Fees for Services Accounting$0$11,978$0$11,978
Payroll Taxes$7,174$1,057$0$8,231
Information Technology$3,900$0$0$3,900
Other Expenses$3,764$0$0$3,764
Office Expenses$0$731$0$731
Other Employee Benefits$472$0$0$472
Travel$325$0$0$325
Advertising$180$0$0$180
Total Functional Expenses$358,384$65,478$0$423,862

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$461,878
Expenses per Audited Statements$423,862
Total Expenses per Form 990$423,862
Expenses Not Reported on Form 990$38,016
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$13,519
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Beavercreek Elderly Inc
EIN
31-1070521
Phone
6148184640
Address
2700 E Dublin-Granville Rd, Columbus, OH 43231

Signing Officer

Name
William Moorhead
Title
Treasurer
Phone
6148184640
Signed
2023-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Moorhead
Formed
1986
Legal Domicile
Oh
Voting Board Members
2
Independent Board Members
2
Employees
2
Volunteers
0

Preparer

Firm
Douglas L Myers & Associates
Address
650 Shawan Falls Dr Ste 200, Dublin, OH 43017
Preparer
Douglas L Myers CPA
Phone
6147665138
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage the rental operations.

Pt VI, Line 11B

The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual Form 990 which is prepared by a CPA firm, and an officer of the management company signs it.

Pt VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.

Form 990, Part IX, Line 24E

Telephone & Internet 4179. 4179. 0. 0.

Form 990, Part IX, Line 24E

Repairs 41418. 41418. 0. 0.

Form 990, Part IX, Line 24E

Trash Removal 6688. 6688. 0. 0.

Form 990, Part IX, Line 24E

Security 1503. 1503. 0. 0.

Form 990, Part IX, Line 24E

Grounds Expense 11182. 11182. 0. 0.

Form 990, Part IX, Line 24E

Exterminating 6239. 6239. 0. 0.

Form 990, Part IX, Line 24E

Cleaning & Maintenance 7664. 7664. 0. 0.

Form 990, Part IX, Line 24E

Bad Debt Expense 6919. 6919. 0. 0.

Form 990, Part IX, Line 24E

Contract Labor 17566. 17566. 0. 0.

Financial Statement Notes

Pt XII, Line 2D

GAAP Depreciation - $(38,016)

Raw XML AppendixShowing 400 of 465 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt044135
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049026
IRS990/AccountsReceivableGrp/BOYAmt09437
IRS990/AccountsReceivableGrp/EOYAmt09553
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Apartment rental to the elderly and handicapped and related services of which are partially subsidized by HUD.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0180
IRS990/AdvertisingGrp/TotalAmt0180
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0103358
IRS990/AllOtherExpensesGrp/TotalAmt0103358
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Buckeye Management Company
IRS990/BooksInCareOfDetail/PhoneNum06148184640
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02700 E Dublin-Granville Rd Suite 30
IRS990/BooksInCareOfDetail/USAddress/CityNm0Columbus
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043231
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0116910
IRS990/CashNonInterestBearingGrp/EOYAmt0119365
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0490
IRS990/CYOtherExpensesAmt0322924
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0491052
IRS990/CYRevenuesLessExpensesAmt067680
IRS990/CYSalariesCompEmpBnftPaidAmt0100938
IRS990/CYTotalExpensesAmt0423862
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0491542
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02852
IRS990/DeferredRevenueGrp/EOYAmt04879
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt015832
IRS990/DepreciationDepletionGrp/TotalAmt015832
IRS990/Desc0Apartment rental to the elderly and handicapped and related services of which partially subsidized by HUD
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0358384
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011978
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt011978
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt035967
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt035967
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0William Moorhead
IRS990/Form990PartVIISectionAGrp/PersonNm1Melissa Steel
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0491542
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt03900
IRS990/InformationTechnologyGrp/TotalAmt03900
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt019970
IRS990/InsuranceGrp/TotalAmt019970
IRS990/IntangibleAssetsGrp/BOYAmt093286
IRS990/IntangibleAssetsGrp/EOYAmt089056
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt060176
IRS990/InterestGrp/TotalAmt060176
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0490
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01888309
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0297509
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0285906
IRS990/LandBldgEquipCostOrOtherBssAmt02174215
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Apartment rental to the elderly and handicapped and related services of which are partially subsidized by HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01540784
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01496577
IRS990/NetAssetsOrFundBalancesBOYAmt0-636312
IRS990/NetAssetsOrFundBalancesEOYAmt0-568632
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-636312
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-568632
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0731
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0731
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0429343
IRS990/OtherAssetsTotalGrp/EOYAmt0470845
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0472
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0472
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Administrative Expenses
IRS990/OtherExpensesGrp/Desc2Real Estate Taxes
IRS990/OtherExpensesGrp/Desc3Payroll Processing
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11717
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt029982
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt235044
IRS990/OtherExpensesGrp/ProgramServicesAmt33764
IRS990/OtherExpensesGrp/TotalAmt029982
IRS990/OtherExpensesGrp/TotalAmt11717
IRS990/OtherExpensesGrp/TotalAmt235044
IRS990/OtherExpensesGrp/TotalAmt33764
IRS990/OtherLiabilitiesGrp/BOYAmt014491
IRS990/OtherLiabilitiesGrp/EOYAmt013519
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014028
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt078207
IRS990/OtherSalariesAndWagesGrp/TotalAmt092235
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01057
IRS990/PayrollTaxesGrp/ProgramServicesAmt07174
IRS990/PayrollTaxesGrp/TotalAmt08231
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04347
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05525
IRS990/PrincipalOfficerNm0William Moorhead
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rent Supplements from HUD
IRS990/ProgramServiceRevenueGrp/Desc1Tenant Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0347798
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1143254
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0324
IRS990/PYOtherExpensesAmt0297914
IRS990/PYProgramServiceRevenueAmt0505096
IRS990/PYRevenuesLessExpensesAmt0121508
IRS990/PYSalariesCompEmpBnftPaidAmt085998
IRS990/PYTotalExpensesAmt0383912
IRS990/PYTotalRevenueAmt0505420
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt067680
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0491052
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015118
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0491052
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0505096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0403455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0427551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0378088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02205242
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0324
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0504
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0578
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02681
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt02205242
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0491052
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0505096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0403455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0427551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0378088
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02205242
IRS990ScheduleA/TotalSupportAmt02207923
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0173269
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01728732
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01902001
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111512
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0111512
IRS990ScheduleD/ExpensesNotReportedAmt038016
IRS990ScheduleD/ExpensesSubtotalAmt0423862
IRS990ScheduleD/LandGrp/BookValueAmt0110297
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0110297
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt030090
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1268014
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2172741
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Mortgage Escrow Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Reserve for Replacements and Residual Receipts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Debt Service Savings Escrow
IRS990ScheduleD/OtherExpensesIncludedAmt038016
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02340
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048065
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013519
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0491542
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAAP Depreciation - $(38,016)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0285906
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0470845
IRS990ScheduleD/TotalExpensesPerForm990Amt0423862
IRS990ScheduleD/TotalLiabilityAmt013519
IRS990ScheduleD/TotalRevenuePerForm990Amt0491542
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0491542
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0461878
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage the rental operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual Form 990 which is prepared by a CPA firm, and an officer of the management company signs it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Telephone & Internet 4179. 4179. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Repairs 41418. 41418. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Trash Removal 6688. 6688. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Security 1503. 1503. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Grounds Expense 11182. 11182. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Exterminating 6239. 6239. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Cleaning & Maintenance 7664. 7664. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bad Debt Expense 6919. 6919. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Contract Labor 17566. 17566. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Salem Lutheran Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316084166
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Scholarships for Seminaries
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02700 E Dublin-Granville Rd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Columbus
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043231
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0965950
IRS990/TotalAssetsEOYAmt0995369
IRS990/TotalAssetsGrp/BOYAmt0965950
IRS990/TotalAssetsGrp/EOYAmt0995369
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065478
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0358384
IRS990/TotalFunctionalExpensesGrp/TotalAmt0423862
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01602262
IRS990/TotalLiabilitiesEOYAmt01564001
IRS990/TotalLiabilitiesGrp/BOYAmt01602262
IRS990/TotalLiabilitiesGrp/EOYAmt01564001
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-636312
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-568632

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings