Civic Intelligence

Coosa Valley Seniors Housing Inc

EIN 31-1665967 • 501(c)3 • Birmingham, AL

Profile

Provide low cost housing to the elderly and disabled

Refreshing map…

1103 Richard Arrington Jr Blvd SBirmingham, AL 35205

www.spm.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.03x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.08x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

53rd percentile

5.5%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

48th percentile

2.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$830,090

Down $42,734 (-4.9%) from 2022

Liabilities

Down

$23,795

Down $10,998 (-32%) from 2022

Net Assets

Down

$806,295

Down $31,736 (-3.8%) from 2022

Operations
Liabilities / Revenue67th percentileNet Margin53rd percentile

Revenue

Up

$301,534

Up $75,494 (+33%) from 2022

Expenses

Down

$284,809

Down $2,789 (-1.0%) from 2022

Net Income

Up

$16,725

Up $78,283 (+127%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2015: $994,993Liabilities 2015: $26,651Net Assets 2015: $968,3422015Assets 2016: $961,971Liabilities 2016: $15,483Net Assets 2016: $946,4882016Assets 2017: $976,608Liabilities 2017: $36,062Net Assets 2017: $940,5462017Assets 2018: $933,939Liabilities 2018: $22,481Net Assets 2018: $911,4582018Assets 2019: $949,860Liabilities 2019: $22,807Net Assets 2019: $927,0532019Assets 2020: $947,425Liabilities 2020: $25,266Net Assets 2020: $922,1592020Assets 2021: $914,681Liabilities 2021: $15,092Net Assets 2021: $899,5892021Assets 2022: $872,824Liabilities 2022: $34,793Net Assets 2022: $838,0312022Assets 2025: $830,090Liabilities 2025: $23,795Net Assets 2025: $806,2952025

Highlighted filing

2025

Assets$830,090
Liabilities$23,795
Net Assets$806,295
Open 2025 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $185,073Expenses 2015: $232,275Net Income 2015: -$47,2022015Revenue 2016: $212,723Expenses 2016: $234,577Net Income 2016: -$21,8542016Revenue 2017: $227,917Expenses 2017: $233,859Net Income 2017: -$5,9422017Revenue 2018: $229,446Expenses 2018: $258,534Net Income 2018: -$29,0882018Revenue 2019: $249,492Expenses 2019: $233,897Net Income 2019: $15,5952019Revenue 2020: $244,598Expenses 2020: $249,492Net Income 2020: -$4,8942020Revenue 2021: $233,799Expenses 2021: $256,369Net Income 2021: -$22,5702021Revenue 2022: $226,040Expenses 2022: $287,598Net Income 2022: -$61,5582022Revenue 2025: $301,534Expenses 2025: $284,809Net Income 2025: $16,7252025

Highlighted filing

2025

Revenue$301,534
Expenses$284,809
Net Income$16,725
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$830,090
Liabilities
$23,795
Net assets
$806,295
Revenue
$301,534
Expenses
$284,809
Net income
$16,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.30$0.24$8.06$3.02$2.85$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.73$0.35$8.38$2.26$2.88$0.62
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$0.15$9.00$2.34$2.56$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.47$0.25$9.22$2.45$2.49$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.50$0.23$9.27$2.49$2.34$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.34$0.22$9.11$2.29$2.59$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.77$0.36$9.41$2.28$2.34$0.06
2016Detailed filing. Detailed filing data is available for this year.$9.62$0.15$9.46$2.13$2.35$0.22
2015Detailed filing. Detailed filing data is available for this year.$9.95$0.27$9.68$1.85$2.32$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 29, 2026
Return Version
2024v5.5
Gross Receipts
$301,534
Mission and Program Overview

Mission

Provide low income housing to the elderly and/or disabled

Provide low cost housing to the elderly and/or disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$637,277$599,379▼ $37,898
Cash and Non-Interest-Bearing Accounts$2,351$26,941▲ $24,590
Prepaid Expenses and Deferred Charges$8,248$7,424▼ $824
Accounts Receivable-$3,696-
Total Assets$811,022$830,090▲ $19,068
Other Assets Total$163,146$192,650▲ $29,504
Liabilities
Accounts Payable and Accrued Expenses$12,772$14,707▲ $1,935
Other Liabilities$8,333$9,076▲ $743
Deferred Revenue$347$12▼ $335
Total Liabilities$21,452$23,795▲ $2,343
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,265,900$1,265,900→ $0
Net Assets Without Donor Restrictions$-476,330$-459,605▲ $16,725
Total Net Assets Fund Balance$789,570$806,295▲ $16,725
Total Liabilities and Net Assets / Fund Balance$811,022$830,090▲ $19,068

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$553,379$879,111$1,432,490
Land$46,000-$46,000
Other Land Buildings$0$14,038$14,038
Other Assets Org$183,574--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Eric H LippExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$180,791
Program Service Revenue
$116,256
Investment Income
$1,710
Other Revenue
$2,777
Change in Net Assets
$16,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$301,534
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$301,534
Total Revenue per Form 990
$301,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,633
Salaries, Compensation, and Employee Benefits$93,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,928--$79,928
Office Expenses$43,903--$43,903
Occupancy$38,787--$38,787
Depreciation Depletion$37,898--$37,898
Fees for Services Management-$20,463-$20,463
Other Expenses$15,430--$15,430
Fees for Services Accounting-$11,902-$11,902
Insurance$8,003--$8,003
Other Employee Benefits$7,219--$7,219
Conferences and Meetings$6,902--$6,902
Payroll Taxes$6,029--$6,029
Advertising$5,502--$5,502
Fees for Services Other$2,832--$2,832
Fees for Services Legal-$11-$11
Total Functional Expenses$252,433$32,376$0$284,809

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$284,809
Total Expenses per Audited Statements$284,809
Total Expenses per Form 990$284,809
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$8,176
Pet Deposits$900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties have been delegated to spm property managment, llc”

Form 990, Part VI, Section A, Line 8B

“This question is not applicable.”

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

“The final form 990 (including required schedules) as ultimately filed with the irs, was provided to each voting member of the governing body of the organization, prior to its filing with the irs.”

Form 990, Part VI, Section C, Line 19

“These documents are made available upon request for the same period of disclosure as set forth in irc section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Coosa Valley Seniors Housing Inc
EIN
31-1665967
Phone
2056395134
Address
1103 RICHARD ARRINGTON JR BLVD S, BIRMINGHAM, AL 35205
Doing Business As
Main Avenue Apartments

Signing Officer

Name
Eric H Lipp
Title
Executive Director
Phone
2056395134
Signed
2026-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric H Lipp
Formed
2001
Legal Domicile
Al
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Borland Benefield Pc
Address
6759 LEE ROAD 54, AUBURN, AL 36830
Preparer
Michelle M Granberry
Phone
3347411050
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project is a not-for-profit organization and is exempt from income tax under section 501(c)(3) of the internal revenue code; however, the project is subject to income tax for certain unrelated business activities, which generate taxable income. There was no such unrelated trade or business income or taxes paid for the years ended september 30, 2025 and 2024. The project files a tax return in the united states (u.s.) federal jurisdiction. The board of directors evaluated the project's tax position and concluded that the project has not entered into any events or transactions that would disqualify its tax exempt status or has not taken any uncertain tax positions that would cause the project to incur income taxes or penalties at the entity level. With few exceptions, the project is no longer subject to u.s. Federal tax examinations by tax authorities for years before september 30, 2022.”

Raw XML AppendixShowing 400 of 423 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/BOYAmt012772
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014707
IRS990/AccountsReceivableGrp/EOYAmt03696
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE LOW COST HOUSING TO THE ELDERLY AND/OR DISABLED
IRS990/AdvertisingGrp/ProgramServicesAmt05502
IRS990/AdvertisingGrp/TotalAmt05502
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SPM PROPERTY MANAGEMENT LLC GINGER BULLINGTON
IRS990/BooksInCareOfDetail/PhoneNum02056395134
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01103 RICHARD ARRINGTON JR BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BIRMINGHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd035205
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02351
IRS990/CashNonInterestBearingGrp/EOYAmt026941
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06902
IRS990/ConferencesMeetingsGrp/TotalAmt06902
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0180791
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01710
IRS990/CYOtherExpensesAmt0191633
IRS990/CYOtherRevenueAmt02777
IRS990/CYProgramServiceRevenueAmt0116256
IRS990/CYRevenuesLessExpensesAmt016725
IRS990/CYSalariesCompEmpBnftPaidAmt093176
IRS990/CYTotalExpensesAmt0284809
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0301534
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0347
IRS990/DeferredRevenueGrp/EOYAmt012
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037898
IRS990/DepreciationDepletionGrp/TotalAmt037898
IRS990/Desc0COOSA VALLEY HOUSING MAIN, INC D/B/A MAIN AVENUE APARTMENTS (PROJECT) IS A 24-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN SYLACAUGA, ALABAMA. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) AGREEMENT WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. RENT SUBSIDY PAYMENTS ARE SUBJECT TO AVAILABILITY OF SUFFICIENT APPROPRIATIONS, AS DETERMINED BY HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0MAIN AVENUE APARTMENTS
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01265900
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01265900
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0252433
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011902
IRS990/FeesForServicesAccountingGrp/TotalAmt011902
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011
IRS990/FeesForServicesLegalGrp/TotalAmt011
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt020463
IRS990/FeesForServicesManagementGrp/TotalAmt020463
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02832
IRS990/FeesForServicesOtherGrp/TotalAmt02832
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC H LIPP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GovernmentGrantsAmt0180791
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0301534
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt08003
IRS990/InsuranceGrp/TotalAmt08003
IRS990/InvestmentIncomeGrp/ExclusionAmt01710
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01710
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0893149
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0637277
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0599379
IRS990/LandBldgEquipCostOrOtherBssAmt01492528
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0460
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0460
IRS990/MissionDesc0PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND/OR DISABLED
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0789570
IRS990/NetAssetsOrFundBalancesEOYAmt0806295
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-476330
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-459605
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt038787
IRS990/OccupancyGrp/TotalAmt038787
IRS990/OfficeExpensesGrp/ProgramServicesAmt043903
IRS990/OfficeExpensesGrp/TotalAmt043903
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0163146
IRS990/OtherAssetsTotalGrp/EOYAmt0192650
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07219
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07219
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt015430
IRS990/OtherExpensesGrp/TotalAmt015430
IRS990/OtherLiabilitiesGrp/BOYAmt08333
IRS990/OtherLiabilitiesGrp/EOYAmt09076
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0CABLE TV INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY/VENDING INCOME
IRS990/OtherRevenueMiscGrp/Desc2FORFEITED SECURITY DEP
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0941
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1712
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2664
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0941
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1712
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2664
IRS990/OtherRevenueTotalAmt02777
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079928
IRS990/OtherSalariesAndWagesGrp/TotalAmt079928
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06029
IRS990/PayrollTaxesGrp/TotalAmt06029
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07424
IRS990/PrincipalOfficerNm0ERIC H LIPP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0PROG. SERV. REVENUE-RE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0116256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0116256
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0162925
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02059
IRS990/PYOtherExpensesAmt0183566
IRS990/PYOtherRevenueAmt03004
IRS990/PYProgramServiceRevenueAmt0104293
IRS990/PYRevenuesLessExpensesAmt0-11416
IRS990/PYSalariesCompEmpBnftPaidAmt0100131
IRS990/PYTotalExpensesAmt0283697
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0272281
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt016725
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0119033
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING - 2020 AMOUNT: $ 338. 2021 AMOUNT: $ 423. 2022 AMOUNT: $ 1,191. 2023 AMOUNT: $ 1,143. 2024 AMOUNT: $ 712. FORFEITED TENANT SECURITY DEPOSIT - 2021 AMOUNT: $ 538. 2022 AMOUNT: $ 55. 2023 AMOUNT: $ 801. 2024 AMOUNT: $ 664. CABLE TV INCOME - 2020 AMOUNT: $ 5,723. 2021 AMOUNT: $ 1,744. 2022 AMOUNT: $ 1,766. 2023 AMOUNT: $ 843. 2024 AMOUNT: $ 941. DAMAGE/CLEANING FEE INCOME - 2020 AMOUNT: $ 624. 2022 AMOUNT: $ 347. 2023 AMOUNT: $ 217. AGREEMENT EXPENSE RECOVERY - 2024 AMOUNT: $ 250. EARLY MOVE OUT INCOME - 2020 AMOUNT: $ 129. PEST CONTROL RECOVERY - 2024 AMOUNT: $ 210.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0180791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0162925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0153011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0138824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0777022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01710
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01479
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0116256
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0104293
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0111215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0112417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt085475
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0529656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01479
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05340
IRS990ScheduleA/InvestmentIncomeCYPct00.00400
IRS990ScheduleA/InvestmentIncomePYPct00.00320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02777
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03004
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03359
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02705
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06814
IRS990ScheduleA/OtherIncome509Grp/TotalAmt018659
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98200
IRS990ScheduleA/PublicSupportPY509Pct00.98260
IRS990ScheduleA/PublicSupportTotal509Amt01306678
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0297047
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0267218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0264226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0251241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0226946
IRS990ScheduleA/Total509Grp/TotalAmt01306678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0301534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0272281
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0269064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0253999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0233799
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01330677
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/BookValueAmt0553379
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0879111
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01432490
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0284809
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt046000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt046000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09076
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1183574
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH - TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014038
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PET DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0301534
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; HOWEVER, THE PROJECT IS SUBJECT TO INCOME TAX FOR CERTAIN UNRELATED BUSINESS ACTIVITIES, WHICH GENERATE TAXABLE INCOME. THERE WAS NO SUCH UNRELATED TRADE OR BUSINESS INCOME OR TAXES PAID FOR THE YEARS ENDED SEPTEMBER 30, 2025 AND 2024. THE PROJECT FILES A TAX RETURN IN THE UNITED STATES (U.S.) FEDERAL JURISDICTION. THE BOARD OF DIRECTORS EVALUATED THE PROJECT'S TAX POSITION AND CONCLUDED THAT THE PROJECT HAS NOT ENTERED INTO ANY EVENTS OR TRANSACTIONS THAT WOULD DISQUALIFY ITS TAX EXEMPT STATUS OR HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT WOULD CAUSE THE PROJECT TO INCUR INCOME TAXES OR PENALTIES AT THE ENTITY LEVEL. WITH FEW EXCEPTIONS, THE PROJECT IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE SEPTEMBER 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0599379
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0192650
IRS990ScheduleD/TotalExpensesPerForm990Amt0284809
IRS990ScheduleD/TotalLiabilityAmt09076
IRS990ScheduleD/TotalRevenuePerForm990Amt0301534
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0301534
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0284809
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES HAVE BEEN DELEGATED TO SPM PROPERTY MANAGMENT, LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS QUESTION IS NOT APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY OF THE ORGANIZATION, PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0SPM PROPERTY MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01103 RICHARD ARRINGTON JR BLVD SOUT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BIRMINGHAM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd035205
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0811022
IRS990/TotalAssetsEOYAmt0830090
IRS990/TotalAssetsGrp/BOYAmt0811022
IRS990/TotalAssetsGrp/EOYAmt0830090
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0180791
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032376
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0252433
IRS990/TotalFunctionalExpensesGrp/TotalAmt0284809
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021452
IRS990/TotalLiabilitiesEOYAmt023795
IRS990/TotalLiabilitiesGrp/BOYAmt021452
IRS990/TotalLiabilitiesGrp/EOYAmt023795
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0789570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0806295
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0252433
IRS990/TotalProgramServiceRevenueAmt0116256
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01710
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0119033
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301534
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0811022
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0830090
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01103 RICHARD ARRINGTON JR BLVD S
IRS990/USAddress/CityNm0BIRMINGHAM
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035205
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.SPM.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC H LIPP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02056395134
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-29

Document Assets

No mirrored PDF or thumbnail assets are attached yet.