Civic Intelligence

Caap Housing Inc.

990 • Fiscal year 2016 • EIN 31-1209468

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 31, 2017

Organization ProfileN/A
3266 N Meridian StIndianapolis, IN 46208-5731

(317) 396-1800

Siviq Scores

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

Liabilities / Assets

98th percentile

2.23x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

5.10x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

26th percentile

-6.4%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$125,762

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 30.5% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.9%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-1.1%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$946,813

Down $49,045 (-4.9%) from 2015

Net Assets

Down

-$1,160,336

Down $26,526 (-2.3%) from 2015

Liabilities

Down

$2,107,149

Down $22,519 (-1.1%) from 2015

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin26th percentile

Revenue

Down

$412,809

Down $4,670 (-1.1%) from 2015

Expenses

Up

$439,335

Up $15,586 (+3.7%) from 2015

Net Income

Down

-$26,526

Down $20,256 (-323%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,202,199Liabilities 2010: $2,122,850Net Assets 2010: -$920,6512010Assets 2011: $1,140,124Liabilities 2011: $2,092,560Net Assets 2011: -$952,4362011Assets 2012: $1,106,447Liabilities 2012: $2,069,006Net Assets 2012: -$962,5592012Assets 2013: $1,042,949Liabilities 2013: $2,191,847Net Assets 2013: -$1,148,8982013Assets 2014: $1,022,358Liabilities 2014: $2,149,898Net Assets 2014: -$1,127,5402014Assets 2015: $995,858Liabilities 2015: $2,129,668Net Assets 2015: -$1,133,8102015Assets 2016: $946,813Liabilities 2016: $2,107,149Net Assets 2016: -$1,160,3362016Assets 2017: $873,001Liabilities 2017: $2,068,773Net Assets 2017: -$1,195,7722017Assets 2018: $832,366Liabilities 2018: $2,038,249Net Assets 2018: -$1,205,8832018Assets 2019: $780,062Liabilities 2019: $1,990,041Net Assets 2019: -$1,209,9792019Assets 2020: $763,898Liabilities 2020: $1,963,073Net Assets 2020: -$1,199,1752020Assets 2021: $720,565Liabilities 2021: $1,913,701Net Assets 2021: -$1,193,1362021Assets 2022: $647,520Liabilities 2022: $1,896,565Net Assets 2022: -$1,249,0452022Assets 2023: $625,875Liabilities 2023: $1,910,653Net Assets 2023: -$1,284,7782023Assets 2024: $718,709Liabilities 2024: $2,235,844Net Assets 2024: -$1,517,1352024

Highlighted filing

2016

Assets$946,813
Liabilities$2,107,149
Net Assets-$1,160,336
Open 2016 Filing

Operations Trend

Revenue Growth40th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $448,7442010Expenses 2011: $433,4072011Expenses 2012: $402,0732012Revenue 2013: $388,785Expenses 2013: $575,124Net Income 2013: -$186,3392013Revenue 2014: $395,022Expenses 2014: $373,664Net Income 2014: $21,3582014Revenue 2015: $417,479Expenses 2015: $423,749Net Income 2015: -$6,2702015Revenue 2016: $412,809Expenses 2016: $439,335Net Income 2016: -$26,5262016Revenue 2017: $430,989Expenses 2017: $466,425Net Income 2017: -$35,4362017Revenue 2018: $436,252Expenses 2018: $446,363Net Income 2018: -$10,1112018Revenue 2019: $425,146Expenses 2019: $429,242Net Income 2019: -$4,0962019Revenue 2020: $454,621Expenses 2020: $443,817Net Income 2020: $10,8042020Revenue 2021: $451,654Expenses 2021: $445,615Net Income 2021: $6,0392021Revenue 2022: $409,407Expenses 2022: $465,316Net Income 2022: -$55,9092022Revenue 2023: $449,107Expenses 2023: $484,840Net Income 2023: -$35,7332023Revenue 2024: $480,130Expenses 2024: $712,487Net Income 2024: -$232,3572024

Highlighted filing

2016

Revenue$412,809
Expenses$439,335
Net Income-$26,526
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$412,809
Mission and Program Overview

Mission

Low income housing under hud sec. 207

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$759,191$732,554▼ $26,637
Savings and Temporary Cash Investments$141,310$125,435▼ $15,875
Intangible Assets$53,795$52,131▼ $1,664
Cash and Non-Interest-Bearing Accounts$33,005$22,575▼ $10,430
Accounts Receivable$3,447$9,869▲ $6,422
Prepaid Expenses and Deferred Charges$5,110$4,249▼ $861
Total Assets$995,858$946,813▼ $49,045
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,090,546$2,052,855▼ $37,691
Accounts Payable and Accrued Expenses$22,668$38,012▲ $15,344
Other Liabilities$16,454$15,355▼ $1,099
Deferred Revenue-$927-
Total Liabilities$2,129,668$2,107,149▼ $22,519
Net Assets / Fund Balance
Unrestricted Net Assets$-1,133,810$-1,160,336▼ $26,526
Total Net Assets Fund Balance$-1,133,810$-1,160,336▼ $26,526
Total Liabilities and Net Assets / Fund Balance$995,858$946,813▼ $49,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$658,976$1,031,728$1,690,704
Equipment$33,533$166,812$200,345
Land$40,045-$40,045
Other Land Buildings$0$7,780$7,780
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleOtherTotal
Edgar N Tipton JrPresident$125,762$125,762

Board Members and Trustees

NameTitle
Richard SamuelsBoard Chair
Vop OsiliVice Chair
Amy JointerDirector
Jack BrummettDirector
Jill EderDirector
Judy WhiteDirector
Julie GriffithDirector
Kamau JywanzaDirector
Rev Barbara OwensDirector
Rev Michael K JonesDirector
Roderick BohannanDirector
Rosalynn WestDirector
Sandra BaileyDirector
Doris PreyerSecretary
Terry KeuschTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$408,178
Investment Income
$50
Other Revenue
$4,581
Change in Net Assets
$-26,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$412,809
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$412,809
Total Revenue per Form 990
$412,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,138
Salaries, Compensation, and Employee Benefits$61,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$89,821--$89,821
Interest$65,220--$65,220
Depreciation Depletion$56,274--$56,274
Other Salaries and Wages$51,502--$51,502
Insurance$27,695--$27,695
Fees for Services Management-$20,433-$20,433
Fees for Services Accounting-$12,058-$12,058
Office Expenses-$11,708-$11,708
All Other Expenses$6,957$3,070-$10,027
Other Expenses$9,576--$9,576
Other Employee Benefits$5,621--$5,621
Payroll Taxes$4,074--$4,074
Advertising-$1,429-$1,429
Total Functional Expenses$390,637$48,698$0$439,335

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$439,335
Total Expenses per Audited Statements$439,335
Total Expenses per Form 990$439,335
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$9,966
Accrued Mortgage Interest$5,389
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
No

Governance Explanations

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

“Caap housing inc.'s form 990 and all related schedules, statements and attachments are reviewed and approved by the president and made available to the board of directors prior to finalizing and filing these returns with the internal revenue service.”

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

“Caap housing, inc. Requires members of the board of directors and applicable staff to complete a questionnaire about possible conflict of interests each year.”

Form 990, Part VI, Section C, Line 19

“Caap housing, inc. Makes its governing documents and financial statements, as applicable, available to the public upon written request received at our corporate office address.”

Filing and Contact Details

Filer

Filer Name
Caap Housing Inc
EIN
31-1209468
Phone
3173961800
Address
3266 N MERIDIAN ST, INDIANAPOLIS, IN 46208-5731

Signing Officer

Name
Edgar N Tipton Jr
Title
President
Phone
3173961800
Signed
2017-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edgar N Tipton Jr
Formed
1987
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Brad M Feldman CPA
Phone
3177809850
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, QUESTION 2C:

“There were no changes to the organization's audit review process.”

Financial Statement Notes

PART X, LINE 2:

“Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If the corporation were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax would be reported as penalties. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof, as well as other factors. The corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The corporation's management believes it is no longer subject to income tax examinations for years prior to december 31, 2013.”

Raw XML AppendixShowing 400 of 536 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.

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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01206320
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0759191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0732554
IRS990/LandBldgEquipCostOrOtherBssAmt01938874
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOW INCOME HOUSING UNDER HUD SEC. 207
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02090546
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02052855
IRS990/NetAssetsOrFundBalancesBOYAmt0-1133810
IRS990/NetAssetsOrFundBalancesEOYAmt0-1160336
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt089821
IRS990/OccupancyGrp/TotalAmt089821
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011708
IRS990/OfficeExpensesGrp/TotalAmt011708
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05621
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05621
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3MORTGAGE INSURANCE PREM
IRS990/OtherExpensesGrp/ProgramServicesAmt049408
IRS990/OtherExpensesGrp/ProgramServicesAmt113601
IRS990/OtherExpensesGrp/ProgramServicesAmt210888
IRS990/OtherExpensesGrp/ProgramServicesAmt39576
IRS990/OtherExpensesGrp/TotalAmt049408
IRS990/OtherExpensesGrp/TotalAmt113601
IRS990/OtherExpensesGrp/TotalAmt210888
IRS990/OtherExpensesGrp/TotalAmt39576
IRS990/OtherLiabilitiesGrp/BOYAmt016454
IRS990/OtherLiabilitiesGrp/EOYAmt015355
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02854
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11727
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02854
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11727
IRS990/OtherRevenueTotalAmt04581
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051502
IRS990/OtherSalariesAndWagesGrp/TotalAmt051502
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04074
IRS990/PayrollTaxesGrp/TotalAmt04074
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05110
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04249
IRS990/PrincipalOfficerNm0EDGAR N TIPTON JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0275024
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1133154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0275024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1133154
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt0361641
IRS990/PYOtherRevenueAmt02727
IRS990/PYProgramServiceRevenueAmt0414702
IRS990/PYRevenuesLessExpensesAmt0-6270
IRS990/PYSalariesCompEmpBnftPaidAmt062108
IRS990/PYTotalExpensesAmt0423749
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0417479
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-26526
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0412759
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0141310
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0125435
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0408178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0414702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0393033
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0385587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0389758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01991258
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0324
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04581
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02727
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01911
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03125
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02129
IRS990ScheduleA/OtherIncome509Grp/TotalAmt014473
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99260
IRS990ScheduleA/PublicSupportPY509Pct00.99350
IRS990ScheduleA/PublicSupportTotal509Amt01991258
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0408178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0414702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0393033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0385587
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0389758
IRS990ScheduleA/Total509Grp/TotalAmt01991258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0412809
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0417479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0395022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0388785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0391960
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02006055
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0658976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01031728
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01690704
IRS990ScheduleD/EquipmentGrp/BookValueAmt033533
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0166812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0200345
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0439335
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt040045
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040045
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07780
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07780
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15389
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED MORTGAGE INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0412809
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE CORPORATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CORPORATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0732554

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$946,813
Liabilities
$2,107,149
Net assets
-$1,160,336
Revenue
$412,809
Expenses
$439,335
Net income
-$26,526
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$2.24$1.52$0.48$0.71$0.23
2023Detailed filing. Detailed filing data is available for this year.$0.63$1.91$1.28$0.45$0.48$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.65$1.90$1.25$0.41$0.47$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.72$1.91$1.19$0.45$0.45$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.76$1.96$1.20$0.45$0.44$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.78$1.99$1.21$0.43$0.43$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.83$2.04$1.21$0.44$0.45$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.87$2.07$1.20$0.43$0.47$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.95$2.11$1.16$0.41$0.44$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.00$2.13$1.13$0.42$0.42$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.02$2.15$1.13$0.40$0.37$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.04$2.19$1.15$0.39$0.58$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$2.07$0.96$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$2.09$0.95$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$2.12$0.92$0.45