Civic Intelligence

Mcauley Manor Inc C/O Mercy Housing Inc

990 • Fiscal year 2021 • EIN 31-1548500

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization ProfileWWW.MERCYHOUSING.ORG

Refreshing map…

1600 Broadway Suite 2000Denver, CO 80202-5704

(303) 830-3300

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.04x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

16th percentile

-9.0%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

96th percentile

$366,859

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 130.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

23rd percentile

-1.1%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

7.4%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$1,140,648

Down $12,302 (-1.1%) from 2020

Net Assets

Down

$1,097,740

Down $25,342 (-2.3%) from 2020

Liabilities

Up

$42,908

Up $13,040 (+44%) from 2020

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin16th percentile

Revenue

Up

$282,056

Up $19,365 (+7.4%) from 2020

Expenses

Up

$307,398

Up $37,612 (+14%) from 2020

Net Income

Down

-$25,342

Down $18,247 (-257%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,384,210Liabilities 2010: $42,358Net Assets 2010: $1,341,8522010Assets 2011: $1,411,788Liabilities 2011: $101,405Net Assets 2011: $1,310,3832011Assets 2012: $1,325,126Liabilities 2012: $52,780Net Assets 2012: $1,272,3462012Assets 2013: $1,271,356Liabilities 2013: $25,931Net Assets 2013: $1,245,4252013Assets 2014: $1,262,556Liabilities 2014: $61,295Net Assets 2014: $1,201,2612014Assets 2015: $1,223,892Liabilities 2015: $43,394Net Assets 2015: $1,180,4982015Assets 2016: $1,204,527Liabilities 2016: $36,829Net Assets 2016: $1,167,6982016Assets 2017: $1,183,391Liabilities 2017: $30,358Net Assets 2017: $1,153,0332017Assets 2018: $1,182,879Liabilities 2018: $29,756Net Assets 2018: $1,153,1232018Assets 2019: $1,161,846Liabilities 2019: $31,669Net Assets 2019: $1,130,1772019Assets 2020: $1,152,950Liabilities 2020: $29,868Net Assets 2020: $1,123,0822020Assets 2021: $1,140,648Liabilities 2021: $42,908Net Assets 2021: $1,097,7402021Assets 2022: $1,167,649Liabilities 2022: $50,032Net Assets 2022: $1,117,6172022Assets 2023: $1,205,070Liabilities 2023: $50,342Net Assets 2023: $1,154,7282023Assets 2024: $1,217,806Liabilities 2024: $52,591Net Assets 2024: $1,165,2152024

Highlighted filing

2021

Assets$1,140,648
Liabilities$42,908
Net Assets$1,097,740
Open 2021 Filing

Operations Trend

Revenue Growth44th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $197,1192010Expenses 2011: $195,5752011Expenses 2012: $224,5392012Revenue 2013: $201,858Expenses 2013: $228,779Net Income 2013: -$26,9212013Revenue 2014: $195,942Expenses 2014: $240,106Net Income 2014: -$44,1642014Revenue 2015: $254,598Expenses 2015: $275,361Net Income 2015: -$20,7632015Revenue 2016: $241,018Expenses 2016: $253,818Net Income 2016: -$12,8002016Revenue 2017: $254,728Expenses 2017: $269,393Net Income 2017: -$14,6652017Revenue 2018: $265,335Expenses 2018: $265,245Net Income 2018: $902018Revenue 2019: $265,471Expenses 2019: $288,417Net Income 2019: -$22,9462019Revenue 2020: $262,691Expenses 2020: $269,786Net Income 2020: -$7,0952020Revenue 2021: $282,056Expenses 2021: $307,398Net Income 2021: -$25,3422021Revenue 2022: $315,246Expenses 2022: $295,369Net Income 2022: $19,8772022Revenue 2023: $337,937Expenses 2023: $300,826Net Income 2023: $37,1112023Revenue 2024: $348,558Expenses 2024: $338,071Net Income 2024: $10,4872024

Highlighted filing

2021

Revenue$282,056
Expenses$307,398
Net Income-$25,342
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.2
Gross Receipts
$282,056
Mission and Program Overview

Mission

To own and operate a 32-unit apartment project in paducah, kentucky, providing housing for low-income persons.

To own and operate a 32-unit apartment project in paducah, kentucky, providing housing for low-income persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$928,133$884,467▼ $43,666
Cash and Non-Interest-Bearing Accounts$22,132$18,877▼ $3,255
Prepaid Expenses and Deferred Charges$8,090$10,622▲ $2,532
Accounts Receivable$354$71▼ $283
Total Assets$1,152,950$1,140,648▼ $12,302
Other Assets Total$194,241$226,611▲ $32,370
Liabilities
Accounts Payable and Accrued Expenses$19,683$32,168▲ $12,485
Other Liabilities$9,901$9,229▼ $672
Deferred Revenue$284$1,511▲ $1,227
Total Liabilities$29,868$42,908▲ $13,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,123,082$1,097,740▼ $25,342
Total Net Assets Fund Balance$1,123,082$1,097,740▼ $25,342
Total Liabilities and Net Assets / Fund Balance$1,152,950$1,140,648▼ $12,302

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$784,467$946,603$1,731,070
Land$100,000-$100,000
Equipment$0$38,215$38,215
Other Assets Org$2,708--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleOtherTotal
Bruce SaabVice President$143,382$143,382
Anyeka WallaceDirector$141,693$141,693
Bobby ArtisDirector$121,791$121,791
Selena FreemanDirector$103,209$103,209
Chad PayneTreasurer$88,924$88,924
Terry SteidenDirector$75,432$75,432
Elaine WilliamsDirector$70,836$70,836

Board Members and Trustees

NameTitle
James AlexanderPresident/director
Melissa ClaytonVice President
Joseph RosenblumSecretary/director
Steve SpearsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$151,758
Program Service Revenue
$130,286
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$-25,342

Audited Revenue Reconciliation

Revenue per Audited Statements
$282,056
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$282,056
Total Revenue per Form 990
$282,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,489
Salaries, Compensation, and Employee Benefits$92,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,891--$67,891
Occupancy$65,001--$65,001
Depreciation Depletion$43,666--$43,666
Office Expenses$22,333--$22,333
Fees for Services Management$19,294--$19,294
Other Employee Benefits$17,888--$17,888
Fees for Services Accounting-$12,286-$12,286
Payroll Taxes$5,568--$5,568
Pension Plan Contributions$1,562--$1,562
Fees for Services Other$1,200--$1,200
Information Technology$1,042--$1,042
Other Expenses$269--$269
Conferences and Meetings$211--$211
Travel$15--$15
Total Functional Expenses$295,112$12,286$0$307,398

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$307,398
Total Expenses per Audited Statements$307,398
Total Expenses per Form 990$307,398
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 Deposits Held in Trust$9,229
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Mcauley manor, inc. Is a nonstock, nonprofit corporation with mercy housing southeast as the sole member.”

Form 990, Part VI, Section A, Line 7A

“The board of trustees of mercy housing, inc. Has authority over mcauley manor, inc. In various aspects of operations and management. The reserved rights held by the mercy housing board of trustees, which may be further delegated to the president and ceo of mercy housing, inc., include approval of the following activities: revisions to articles and bylaws; mergers and acquisitions; establishment of new entities; pledging, mortgaging or disposing of all or substantially all assets; obligations of new operating and mortgage debt; and appointment or removal of governing board members and officers.”

Form 990, Part VI, Section A, Line 7B

“SAME AS LINE 7A”

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

“Each member is given the opportunity to review the return before it is filed.”

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

“The audit committee of mercy housing, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mcauley Manor Inc
EIN
31-1548500
Phone
3038303300
Address
1600 BROADWAY SUITE 2000, DENVER, CO 80202-5704

Signing Officer

Name
Chad Payne
Title
Treasurer
Phone
3038303300
Signed
2022-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Alexander
Formed
1997
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
621 CAPITOL MALL SUITE 2150, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the mercy housing, inc. Board of trustees.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has elected tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2021. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file, and does file, tax returns with the internal revenue service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes, and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2018 remain open.”

Raw XML AppendixShowing 400 of 5,796 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019683
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt032168
IRS990/AccountsReceivableGrp/BOYAmt0354
IRS990/AccountsReceivableGrp/EOYAmt071
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OWN AND OPERATE A 32-UNIT APARTMENT PROJECT IN PADUCAH, KENTUCKY, PROVIDING HOUSING FOR LOW-INCOME PERSONS
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHAD PAYNE
IRS990/BooksInCareOfDetail/PhoneNum03038303300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01600 BROADWAY SUITE 2000
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0802025704
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt022132
IRS990/CashNonInterestBearingGrp/EOYAmt018877
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0211
IRS990/ConferencesMeetingsGrp/TotalAmt0211
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0151758
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012
IRS990/CYOtherExpensesAmt0214489
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0130286
IRS990/CYRevenuesLessExpensesAmt0-25342
IRS990/CYSalariesCompEmpBnftPaidAmt092909
IRS990/CYTotalExpensesAmt0307398
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0282056
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0284
IRS990/DeferredRevenueGrp/EOYAmt01511
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt043666
IRS990/DepreciationDepletionGrp/TotalAmt043666
IRS990/Desc0THE PURPOSE OF MCAULEY MANOR, INC. WAS TO CONSTRUCT, OWN AND OPERATE A 32-UNIT APARTMENT COMMUNITY IN PADUCAH, KENTUCKY, KNOWN AS MCAULEY MANOR APARTMENTS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0295112
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012286
IRS990/FeesForServicesAccountingGrp/TotalAmt012286
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt019294
IRS990/FeesForServicesManagementGrp/TotalAmt019294
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01200
IRS990/FeesForServicesOtherGrp/TotalAmt01200
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt020271
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt125516
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt212054
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt312316
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt49419
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt521467
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613339
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt717330
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt8496
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt930752
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1033560
IRS990/Form990PartVIISectionAGrp/PersonNm0ANYEKA WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm1BOBBY ARTIS
IRS990/Form990PartVIISectionAGrp/PersonNm2ELAINE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH ROSENBLUM
IRS990/Form990PartVIISectionAGrp/PersonNm5SELENA FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6TERRY STEIDEN
IRS990/Form990PartVIISectionAGrp/PersonNm7BRUCE SAAB
IRS990/Form990PartVIISectionAGrp/PersonNm8CHAD PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm9MELISSA CLAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVE SPEARS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0121422
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt196275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt258782
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3226389
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4204763
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt581742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt662093
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7126052
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt888428
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9221786
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10333299
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0151758
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0282056
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01042
IRS990/InformationTechnologyGrp/TotalAmt01042
IRS990/InvestmentIncomeGrp/ExclusionAmt012
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0984818
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0928133
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0884467
IRS990/LandBldgEquipCostOrOtherBssAmt01869285
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OWN AND OPERATE A 32-UNIT APARTMENT PROJECT IN PADUCAH, KENTUCKY, PROVIDING HOUSING FOR LOW-INCOME PERSONS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01123082
IRS990/NetAssetsOrFundBalancesEOYAmt01097740
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01123082
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01097740
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt065001
IRS990/OccupancyGrp/TotalAmt065001
IRS990/OfficeExpensesGrp/ProgramServicesAmt022333
IRS990/OfficeExpensesGrp/TotalAmt022333
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0194241
IRS990/OtherAssetsTotalGrp/EOYAmt0226611
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017888
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017888
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1RESIDENT SERVICES
IRS990/OtherExpensesGrp/Desc2CREDIT REPORTS
IRS990/OtherExpensesGrp/Desc3TAXES/LICENSES/PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt047520
IRS990/OtherExpensesGrp/ProgramServicesAmt11079
IRS990/OtherExpensesGrp/ProgramServicesAmt2573
IRS990/OtherExpensesGrp/ProgramServicesAmt3269
IRS990/OtherExpensesGrp/TotalAmt047520
IRS990/OtherExpensesGrp/TotalAmt11079
IRS990/OtherExpensesGrp/TotalAmt2573
IRS990/OtherExpensesGrp/TotalAmt3269
IRS990/OtherLiabilitiesGrp/BOYAmt09901
IRS990/OtherLiabilitiesGrp/EOYAmt09229
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067891
IRS990/OtherSalariesAndWagesGrp/TotalAmt067891
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05568
IRS990/PayrollTaxesGrp/TotalAmt05568
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01562
IRS990/PensionPlanContributionsGrp/TotalAmt01562
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08090
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010622
IRS990/PrincipalOfficerNm0JAMES ALEXANDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2ANCILLARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0120044
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16207
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0120044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16207
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24035
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0141361
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0615
IRS990/PYOtherExpensesAmt0205469
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0120715
IRS990/PYRevenuesLessExpensesAmt0-7095
IRS990/PYSalariesCompEmpBnftPaidAmt064317
IRS990/PYTotalExpensesAmt0269786
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0262691
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25342
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130286
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0151758
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0141361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0294619
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0615
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0769
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0130286
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0120715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0265404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0263776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0254712
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01034893
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0615
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0769
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt01329512
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0282044
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0262076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0265404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0265276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0254712
IRS990ScheduleA/Total509Grp/TotalAmt01329512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0282056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0262691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0265471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0265335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0254728
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01330281
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0784467
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0946603
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01731070
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038215
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038215
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0307398
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09741
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1214162
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22708
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09229
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0282056
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2021. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES, AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2018 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0884467
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0226611
IRS990ScheduleD/TotalExpensesPerForm990Amt0307398
IRS990ScheduleD/TotalLiabilityAmt09229
IRS990ScheduleD/TotalRevenuePerForm990Amt0282056
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0282056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0307398
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt14219
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt22220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt31389

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,140,648
Liabilities
$42,908
Net assets
$1,097,740
Revenue
$282,056
Expenses
$307,398
Net income
-$25,342
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.05$1.17$0.35$0.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.05$1.15$0.34$0.30$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.05$1.12$0.32$0.30$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.10$0.28$0.31$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.12$0.26$0.27$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.03$1.13$0.27$0.29$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$0.27$0.27$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$0.25$0.27$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.04$1.17$0.24$0.25$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.04$1.18$0.25$0.28$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.06$1.20$0.20$0.24$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.03$1.25$0.20$0.23$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.05$1.27$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.10$1.31$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.04$1.34$0.20