Civic Intelligence

St Peter'S Housing Inc

EIN 31-1708805 • 501(c)3 • Winstonsalem, NC

Profile

Low income housing services

3683 Old Lexington RoadWinstonsalem, NC 27107

n/A

Siviq Scores

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

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.11x

Higher debt load relative to revenue than 9% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Net Margin

46th percentile

-21%

Higher net margin than 46% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

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

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

-3.9%

Faster asset growth than 39% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

1.4%

Faster revenue growth than 41% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,691,115

Down $122,269 (-6.7%) from 2022

Liabilities

Down

$32,587

Down $310 (-0.9%) from 2022

Net Assets

Down

$1,658,528

Down $121,959 (-6.8%) from 2022

Revenue

Up

$299,729

Up $21,019 (+7.5%) from 2022

Expenses

Up

$362,192

Up $35,410 (+11%) from 2022

Net Income

Down

-$62,463

Down $14,391 (-30%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,566,338Liabilities 2010: $23,096Net Assets 2010: $2,543,2422010Assets 2011: $2,505,388Liabilities 2011: $21,797Net Assets 2011: $2,483,5912011Assets 2014: $2,322,185Liabilities 2014: $25,821Net Assets 2014: $2,296,3642014Assets 2015: $2,254,528Liabilities 2015: $20,920Net Assets 2015: $2,233,6082015Assets 2016: $2,187,642Liabilities 2016: $22,624Net Assets 2016: $2,165,0182016Assets 2020: $1,913,352Liabilities 2020: $37,871Net Assets 2020: $1,875,4812020Assets 2021: $1,855,661Liabilities 2021: $27,102Net Assets 2021: $1,828,5592021Assets 2022: $1,813,384Liabilities 2022: $32,897Net Assets 2022: $1,780,4872022Assets 2024: $1,691,115Liabilities 2024: $32,587Net Assets 2024: $1,658,5282024

Highlighted filing

2024

Assets$1,691,115
Liabilities$32,587
Net Assets$1,658,528

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $261,7482010Expenses 2011: $266,5502011Revenue 2014: $213,904Expenses 2014: $288,808Net Income 2014: -$74,9042014Revenue 2015: $229,414Expenses 2015: $292,170Net Income 2015: -$62,7562015Revenue 2016: $239,018Expenses 2016: $307,608Net Income 2016: -$68,5902016Revenue 2020: $263,632Expenses 2020: $327,383Net Income 2020: -$63,7512020Revenue 2021: $283,609Expenses 2021: $330,531Net Income 2021: -$46,9222021Revenue 2022: $278,710Expenses 2022: $326,782Net Income 2022: -$48,0722022Revenue 2024: $299,729Expenses 2024: $362,192Net Income 2024: -$62,4632024

Highlighted filing

2024

Revenue$299,729
Expenses$362,192
Net Income-$62,463

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 23, 2025
Return Version
2024v5.2
Gross Receipts
$299,729
Mission and Program Overview

Mission

Low income housing services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,469,287$1,399,682▼ $69,605
Savings and Temporary Cash Investments$257,453$257,063▼ $390
Prepaid Expenses and Deferred Charges$9,191$10,439▲ $1,248
Cash and Non-Interest-Bearing Accounts$7,018$8,550▲ $1,532
Accounts Receivable$2,339$1,167▼ $1,172
Total Assets$1,759,469$1,691,115▼ $68,354
Other Assets Total$14,181$14,214▲ $33
Liabilities
Other Liabilities$25,004$23,102▼ $1,902
Accounts Payable and Accrued Expenses$13,468$7,413▼ $6,055
Deferred Revenue$6$2,072▲ $2,066
Total Liabilities$38,478$32,587▼ $5,891
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,720,991$1,658,528▼ $62,463
Total Net Assets Fund Balance$1,720,991$1,658,528▼ $62,463
Total Liabilities and Net Assets / Fund Balance$1,759,469$1,691,115▼ $68,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,160,595$1,578,463$2,739,058
Land$224,103-$224,103
Other Land Buildings$5,751$112,087$117,838
Equipment$9,233$101,225$110,458
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debra PaulingBoard Chair
Carol RamseyCo-chair
Jayson SloanDirector
Reginald JacksonDirector
Rosetta FosterDirector
Vernetta SquireSecretary
Terry HarrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,022
Program Service Revenue
$213,461
Investment Income
$3,246
Other Revenue
$0
Change in Net Assets
$-62,463

Audited Revenue Reconciliation

Revenue per Audited Statements
$299,729
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$299,729
Total Revenue per Form 990
$299,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,192
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$69,605--$69,605
Occupancy$47,528--$47,528
All Other Expenses$28,536$3,242-$31,778
Fees for Services Management$31,718--$31,718
Insurance$24,320--$24,320
Other Expenses$20,735--$20,735
Office Expenses$12,215--$12,215
Fees for Services Accounting-$5,760-$5,760
Advertising$1,571--$1,571
Conferences and Meetings$392--$392
Fees for Services Legal$97--$97
Total Functional Expenses$353,190$9,002$0$362,192

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$362,192
Total Expenses per Audited Statements$362,192
Total Expenses per Form 990$362,192
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$14,214
Deferred Cable Contract Revenue$8,888
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegated the management of the rental apartments to community management corporation. The apartment complex for the elderly is regulated by the u.s. Department of housing and urban development ("hud") as to rent charges and operating methods. Community management corporation was chosen due to its experience in management under these guidelines.

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

All decisions regarding the entity must be agreed upon by a majority of the board members. No board member may act independently of the board in matters regarding the corporation.

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

Form 990 is reviewed by the board of directors before being filed with the irs.

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

The conflict of interest policy must be signed by all board members annually.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements, copy of form 990, and other governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
ST PETER'S HOUSING INC
EIN
31-1708805
Phone
3367843084
Address
3683 OLD LEXINGTON ROAD, WINSTONSALEM, NC 27107

Signing Officer

Name
Debra Pauling
Title
Chairperson
Phone
3367843084
Signed
2025-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Pauling
Formed
2000
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Casey H Patterson
Phone
3362944494
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a 'more-likely-than-not' threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for the fiscal year 2024.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0213461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0201704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0188993
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0183526
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0181015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0968699
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03246
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01921
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05250
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07423
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07423
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99110
IRS990ScheduleA/PublicSupportPY509Pct00.99320
IRS990ScheduleA/PublicSupportTotal509Amt01408707
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0296483
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0293779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0278679
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0276165
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0263601
IRS990ScheduleA/Total509Grp/TotalAmt01408707
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0299729
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0295700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0278710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0283609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0263632
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01421380
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/BookValueAmt01160595
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01578463
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02739058
IRS990ScheduleD/EquipmentGrp/BookValueAmt09233
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110458
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0362192
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0224103
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0224103
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05751
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0112087
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0117838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED CABLE CONTRACT REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0299729
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A 'MORE-LIKELY-THAN-NOT' THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE FISCAL YEAR 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01399682
IRS990ScheduleD/TotalExpensesPerForm990Amt0362192
IRS990ScheduleD/TotalLiabilityAmt023102
IRS990ScheduleD/TotalRevenuePerForm990Amt0299729
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0299729
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0362192
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO COMMUNITY MANAGEMENT CORPORATION. THE APARTMENT COMPLEX FOR THE ELDERLY IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") AS TO RENT CHARGES AND OPERATING METHODS. COMMUNITY MANAGEMENT CORPORATION WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DECISIONS REGARDING THE ENTITY MUST BE AGREED UPON BY A MAJORITY OF THE BOARD MEMBERS. NO BOARD MEMBER MAY ACT INDEPENDENTLY OF THE BOARD IN MATTERS REGARDING THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY MUST BE SIGNED BY ALL BOARD MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, COPY OF FORM 990, AND OTHER GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP DBA ANCHOR SERVICES & MAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0562087570
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02585 W CLEMMONSVILLE RD SUITE 102
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WINSTONSALEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027127
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt020735
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP DBA ANCHOR SERVICES & MA
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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