Civic Intelligence

Phs Shoreview Inc.

990 • Fiscal year 2023 • EIN 31-1631264

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 13, 2024

Organization ProfileWWW.PRESHOMES.ORG

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2845 N Hamline AveRoseville, MN 55113

(651) 631-6162

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$7,429,362

Down $11,803 (-0.2%) from 2022

Net Assets

Up

$161,239

Up $324,000 (+199%) from 2022

Liabilities

Down

$7,268,123

Down $335,803 (-4.4%) from 2022

Revenue And Expenses

Revenue

Up

$1,791,566

Up $262,915 (+17%) from 2022

Expenses

Up

$1,467,569

Up $25,714 (+1.8%) from 2022

Net Income

Up

$323,997

Up $237,201 (+273%) from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $7,574,647Liabilities 2010: $8,854,436Net Assets 2010: -$1,279,7892010Assets 2011: $7,709,586Liabilities 2011: $8,998,069Net Assets 2011: -$1,288,4832011Assets 2012: $7,489,106Liabilities 2012: $8,800,100Net Assets 2012: -$1,310,9942012Assets 2013: $7,344,780Liabilities 2013: $8,681,734Net Assets 2013: -$1,336,9542013Assets 2014: $6,993,564Liabilities 2014: $8,341,387Net Assets 2014: -$1,347,8232014Assets 2015: $6,915,079Liabilities 2015: $8,152,369Net Assets 2015: -$1,237,2902015Assets 2016: $6,993,189Liabilities 2016: $8,115,802Net Assets 2016: -$1,122,6132016Assets 2017: $7,239,035Liabilities 2017: $8,219,855Net Assets 2017: -$980,8202017Assets 2018: $7,251,741Liabilities 2018: $8,082,004Net Assets 2018: -$830,2632018Assets 2019: $7,256,037Liabilities 2019: $7,942,397Net Assets 2019: -$686,3602019Assets 2020: $7,311,676Liabilities 2020: $7,800,135Net Assets 2020: -$488,4592020Assets 2021: $7,368,071Liabilities 2021: $7,617,628Net Assets 2021: -$249,5572021Assets 2022: $7,441,165Liabilities 2022: $7,603,926Net Assets 2022: -$162,7612022Assets 2023: $7,429,362Liabilities 2023: $7,268,123Net Assets 2023: $161,2392023Assets 2024: $7,849,269Liabilities 2024: $7,250,801Net Assets 2024: $598,4682024

Highlighted filing

2023

Assets$7,429,362
Liabilities$7,268,123
Net Assets$161,239
Open 2023 Filing

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,124,3272010Expenses 2011: $1,115,9712011Expenses 2012: $1,151,7572012Expenses 2013: $1,211,5292013Revenue 2014: $1,204,322Expenses 2014: $1,215,191Net Income 2014: -$10,8692014Revenue 2015: $1,310,005Expenses 2015: $1,199,472Net Income 2015: $110,5332015Revenue 2016: $1,349,452Expenses 2016: $1,234,775Net Income 2016: $114,6772016Revenue 2017: $1,413,436Expenses 2017: $1,271,643Net Income 2017: $141,7932017Revenue 2018: $1,453,653Expenses 2018: $1,303,096Net Income 2018: $150,5572018Revenue 2019: $1,491,989Expenses 2019: $1,348,086Net Income 2019: $143,9032019Revenue 2020: $1,568,818Expenses 2020: $1,370,917Net Income 2020: $197,9012020Revenue 2021: $1,634,379Expenses 2021: $1,395,477Net Income 2021: $238,9022021Revenue 2022: $1,528,651Expenses 2022: $1,441,855Net Income 2022: $86,7962022Revenue 2023: $1,791,566Expenses 2023: $1,467,569Net Income 2023: $323,9972023Revenue 2024: $1,961,945Expenses 2024: $1,524,716Net Income 2024: $437,2292024

Highlighted filing

2023

Revenue$1,791,566
Expenses$1,467,569
Net Income$323,997
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 13, 2024
Return Version
2022v5.0
Gross Receipts
$1,791,566
Mission and Program Overview

Mission

The mission of the organization is to honor god by enriching the lives and touching the hearts of older adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,766,581$3,528,092▼ $238,489
Savings and Temporary Cash Investments$2,340,437$2,514,765▲ $174,328
Investments Other Securities$1,250,511$1,258,831▲ $8,320
Intangible Assets$81,629$74,108▼ $7,521
Prepaid Expenses and Deferred Charges$9,700$54,401▲ $44,701
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Accounts Receivable$-7,893$-835▲ $7,058
Total Assets$7,441,165$7,429,362▼ $11,803
Other Assets Total$200$0▼ $200
Liabilities
Tax Exempt Bond Liabilities$4,652,235$4,528,831▼ $123,404
Escrow Account Liability$2,699,084$2,456,657▼ $242,427
Accounts Payable and Accrued Expenses$252,607$240,584▼ $12,023
Other Liabilities-$42,051-
Total Liabilities$7,603,926$7,268,123▼ $335,803
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-162,761$161,239▲ $324,000
Total Net Assets Fund Balance$-162,761$161,239▲ $324,000
Total Liabilities and Net Assets / Fund Balance$7,441,165$7,429,362▼ $11,803

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,399,283$4,765,764$7,165,047
Equipment$364,680$611,342$976,022
Land$579,000-$579,000
Leasehold Improvements$185,129$53,026$238,155
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan LindhBoard Chair/CEO
Mark MeyerSec/treas/CFO
Teresa LarsonSVP Human Resources
Mark PedersonSVP Operations
Duane LarsonVP Affiliate Bd
Jonathan FletcherVP Development
Revenue and Support

Revenue Composition

Contributions and Grants
$3,180
Program Service Revenue
$1,733,105
Investment Income
$44,079
Other Revenue
$11,202
All Other Contributions
$3,180
Change in Net Assets
$323,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,267,543
Salaries, Compensation, and Employee Benefits$200,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$333,612$13,112-$346,724
Depreciation Depletion$346,205--$346,205
Interest$238,437--$238,437
Other Salaries and Wages$79,120$85,564-$164,684
Fees for Services Management-$91,190-$91,190
Insurance-$48,045-$48,045
Fees for Services Other$20,288--$20,288
Information Technology-$20,076-$20,076
Other Employee Benefits$9,532$10,309-$19,841
Office Expenses$2,320$14,100-$16,420
Payroll Taxes$5,328$5,762-$11,090
Other Expenses$9,894$8,782-$9,894
Pension Plan Contributions$2,119$2,292-$4,411
Travel$2,663--$2,663
Advertising-$898-$898
Total Functional Expenses$1,167,439$300,130$0$1,467,569
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$42,051

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Bloomington Mn2008-07-30$5,685,000REFINANCE 1998 DEBT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,685,000$5,571,300$1,156,170$113,700

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Phs management, llc provides management services for the organization. Phs management, llc provides financial accounting, operational oversight, human resources, information technology, clinical nursing consultation, corporate compliance, coordinated advertising and marketing, staffing for fund development, and new business development.”

Form 990, Part VI, Section A, Line 6

“The sole member of the organization is presbyterian homes housing & assisted living, inc.”

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

“The organization's 990 is provided to voting members of the governing body prior to filing with the irs. Officers and management of the organization have been involved in the preparation of the 990 and have reviewed the 990 throughout the process.”

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

“The organization obtains annually written disclosure from governing body members, officers and key employees. Management and officers review these disclosures and evaluate whether the interest could result in a conflict and then take the necessary steps to remediate any such conflict.”

Form 990, Part VI, Section C, Line 19

“The organization makes available its governing documents and conflict of interest policy upon request. Financial statements are available on the organization's website.”

Form 990, Part VII, Section A

“Sharing of hoursofficers & key employees share their hours between the filing organization and its related organizations.”

Filing and Contact Details

Filer

Filer Name
Phsshoreview Inc
EIN
31-1631264
Phone
6516316162
Address
2845 N HAMLINE AVE, ROSEVILLE, MN 55113

Signing Officer

Name
Mark Meyer
Title
CFO
Signed
2024-08-13

Organization Details

Principal Officer
Mark Meyer
Formed
1999
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Rounding = $3”

Schedule R Part II Identification of Tax-Exempt Organizations

“Schedule R Part II Identification of Tax-Exempt Organizations”

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“Resident notes are reported as long term asset and liability, respectively on the statements of the financial position. The contracts with the residents limit the total amount of deposits that the organization must return at ay one time. The maximum amounts is $250,000. If at any time the net amount it has been returned to former residents exceeds the amount that it has received from new tenants by the applicable maximum amount, the orgaization is not required to refund additional deposits until new deposits are collected bringing the amount owed under maximum amount.”

Part X : FIN48 Footnote

“The organization and its affiliates are generally exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable sections of the state statutes; consequently, no provision has been made for income taxes. However, there are immaterial amounts of unrelated business income in certain affiliates that are taxable.the organization follows the accounting standard for contingencies in evaluating uncertain tax positions. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/TotalAmt0115871
IRS990/OtherExpensesGrp/TotalAmt110832
IRS990/OtherExpensesGrp/TotalAmt29894
IRS990/OtherLiabilitiesGrp/EOYAmt042051
IRS990/OtherRevenueMiscGrp/BusinessCd0722210
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0CULINARY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2OTHER RESIDENT SERVICES
IRS990/OtherRevenueMiscGrp/ExclusionAmt0730
IRS990/OtherRevenueMiscGrp/ExclusionAmt13970
IRS990/OtherRevenueMiscGrp/ExclusionAmt2292
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0730
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13970
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2292
IRS990/OtherRevenueTotalAmt04992
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt085564
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079120
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164684
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05762
IRS990/PayrollTaxesGrp/ProgramServicesAmt05328
IRS990/PayrollTaxesGrp/TotalAmt011090
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02292
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02119
IRS990/PensionPlanContributionsGrp/TotalAmt04411
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09700
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054401
IRS990/PrincipalOfficerNm0MARK MEYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01733105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01733105
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05980
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-98113
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01250819
IRS990/PYOtherRevenueAmt011069
IRS990/PYProgramServiceRevenueAmt01609715
IRS990/PYRevenuesLessExpensesAmt086796
IRS990/PYSalariesCompEmpBnftPaidAmt0191036
IRS990/PYTotalExpensesAmt01441855
IRS990/PYTotalRevenueAmt01528651
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0323997
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt06210
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01733105
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02340437
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02514765
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03180
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08280
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt033490
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt050289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-98113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069223
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021126
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt070906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01733105
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01609715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01553300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01525304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01449398
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07870822
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt050289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-98113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069223
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt070906
IRS990ScheduleA/InvestmentIncomeCYPct00.00880
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04992
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt011069
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07356
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06853
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09915
IRS990ScheduleA/OtherIncome509Grp/TotalAmt040185
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72740
IRS990ScheduleA/PublicSupportPY509Pct00.72700
IRS990ScheduleA/PublicSupportTotal509Amt05830331
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0438349
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0463721
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0384879
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0403077
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0383955
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt02073981
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0438349
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0463721
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0384879
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0403077
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0383955
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt02073981
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01736285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01615695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01557800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01533584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01460948
IRS990ScheduleA/Total509Grp/TotalAmt07904312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01791566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01528651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01634379
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01568818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01491989
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08015403
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02399283
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04765764
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07165047
IRS990ScheduleD/EquipmentGrp/BookValueAmt0364680
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0611342
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0976022
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0579000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0579000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0185129
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt053026
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0238155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RESIDENT NOTES ARE REPORTED AS LONG TERM ASSET AND LIABILITY, RESPECTIVELY ON THE STATEMENTS OF THE FINANCIAL POSITION. THE CONTRACTS WITH THE RESIDENTS LIMIT THE TOTAL AMOUNT OF DEPOSITS THAT THE ORGANIZATION MUST RETURN AT AY ONE TIME. THE MAXIMUM AMOUNTS IS $250,000. IF AT ANY TIME THE NET AMOUNT IT HAS BEEN RETURNED TO FORMER RESIDENTS EXCEEDS THE AMOUNT THAT IT HAS RECEIVED FROM NEW TENANTS BY THE APPLICABLE MAXIMUM AMOUNT, THE ORGAIZATION IS NOT REQUIRED TO REFUND ADDITIONAL DEPOSITS UNTIL NEW DEPOSITS ARE COLLECTED BRINGING THE AMOUNT OWED UNDER MAXIMUM AMOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION AND ITS AFFILIATES ARE GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE SECTIONS OF THE STATE STATUTES; CONSEQUENTLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. HOWEVER, THERE ARE IMMATERIAL AMOUNTS OF UNRELATED BUSINESS INCOME IN CERTAIN AFFILIATES THAT ARE TAXABLE.THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03528092
IRS990ScheduleD/TotalBookValueSecuritiesAmt01258831
IRS990ScheduleD/TotalLiabilityAmt042051
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,429,362
Liabilities
$7,268,123
Net assets
$161,239
Revenue
$1,791,566
Expenses
$1,467,569
Net income
$323,997
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.85$7.25$0.60$1.96$1.52$0.44
2023Detailed filing. Detailed filing data is available for this year.$7.43$7.27$0.16$1.79$1.47$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$7.60$0.16$1.53$1.44$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.37$7.62$0.25$1.63$1.40$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$7.80$0.49$1.57$1.37$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$7.94$0.69$1.49$1.35$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.25$8.08$0.83$1.45$1.30$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$8.22$0.98$1.41$1.27$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.99$8.12$1.12$1.35$1.23$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.92$8.15$1.24$1.31$1.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$6.99$8.34$1.35$1.20$1.22$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$8.68$1.34$1.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$8.80$1.31$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$9.00$1.29$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$8.85$1.28$1.12