Civic Intelligence

Newport Millennium Housing Corporation III

990 • Fiscal year 2019 • EIN 31-1762432

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileN/A
PO Box 459Newport, KY 41072-0459

(859) 441-0466

Siviq Scores

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

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.76x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

37th percentile

$141,645

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

29th percentile

-1.0%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$12,226,326

Down $120,846 (-1.0%) from 2018

Net Assets

Up

$11,482,103

Up $600,947 (+5.5%) from 2018

Liabilities

Down

$744,223

Down $721,793 (-49%) from 2018

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin94th percentile

Revenue

Down

$977,612

Down $2,551,870 (-72%) from 2018

Expenses

Down

$376,665

Down $8,826 (-2.3%) from 2018

Net Income

Down

$600,947

Down $2,543,044 (-81%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$15M$10M$5.0M$0Assets 2010: $3,717,067Liabilities 2010: $1,050,643Net Assets 2010: $2,666,4242010Assets 2011: $4,722,557Liabilities 2011: $612,135Net Assets 2011: $4,110,4222011Assets 2012: $4,922,818Liabilities 2012: $821,562Net Assets 2012: $4,101,2562012Assets 2013: $5,963,059Liabilities 2013: $1,420,474Net Assets 2013: $4,542,5852013Assets 2014: $5,450,362Liabilities 2014: $683,384Net Assets 2014: $4,766,9782014Assets 2015: $6,174,788Liabilities 2015: $653,408Net Assets 2015: $5,521,3802015Assets 2016: $8,084,696Liabilities 2016: $810,391Net Assets 2016: $7,274,3052016Assets 2017: $9,163,930Liabilities 2017: $1,426,765Net Assets 2017: $7,737,1652017Assets 2018: $12,347,172Liabilities 2018: $1,466,016Net Assets 2018: $10,881,1562018Assets 2019: $12,226,326Liabilities 2019: $744,223Net Assets 2019: $11,482,1032019Assets 2020: $12,857,263Liabilities 2020: $696,981Net Assets 2020: $12,160,2822020Assets 2021: $14,297,269Liabilities 2021: $389,843Net Assets 2021: $13,907,4262021Assets 2022: $13,724,891Liabilities 2022: $368,608Net Assets 2022: $13,356,2832022Assets 2023: $14,223,386Liabilities 2023: $326,477Net Assets 2023: $13,896,9092023Assets 2024: $14,247,456Liabilities 2024: $271,648Net Assets 2024: $13,975,8082024

Highlighted filing

2019

Assets$12,226,326
Liabilities$744,223
Net Assets$11,482,103
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $139,2262010Expenses 2011: $148,9282011Expenses 2012: $95,2922012Revenue 2013: $1,074,691Expenses 2013: $145,395Net Income 2013: $929,2962013Revenue 2014: $358,210Expenses 2014: $135,617Net Income 2014: $222,5932014Revenue 2015: $888,354Expenses 2015: $133,952Net Income 2015: $754,4022015Revenue 2016: $1,971,444Expenses 2016: $218,519Net Income 2016: $1,752,9252016Revenue 2017: $796,145Expenses 2017: $333,285Net Income 2017: $462,8602017Revenue 2018: $3,529,482Expenses 2018: $385,491Net Income 2018: $3,143,9912018Revenue 2019: $977,612Expenses 2019: $376,665Net Income 2019: $600,9472019Revenue 2020: $1,119,370Expenses 2020: $441,191Net Income 2020: $678,1792020Revenue 2021: $2,207,566Expenses 2021: $460,422Net Income 2021: $1,747,1442021Revenue 2022: -$44,065Expenses 2022: $507,078Net Income 2022: -$551,1432022Revenue 2023: $1,080,536Expenses 2023: $539,910Net Income 2023: $540,6262023Revenue 2024: $613,550Expenses 2024: $534,651Net Income 2024: $78,8992024

Highlighted filing

2019

Revenue$977,612
Expenses$376,665
Net Income$600,947
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$1,661,772
Mission and Program Overview

Mission

Create low income housing through the acquisition of property for development and operation of multi-income housing projects.

Create low income housing through the acquisition of property for development and operation of multi-income housing projects in newport, kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$5,323,399$5,387,425▲ $64,026
Inventories for Sale or Use$2,682,669$3,153,756▲ $471,087
Land, Buildings, and Equipment, Net$1,514,230$1,927,602▲ $413,372
Savings and Temporary Cash Investments$345,028$1,137,188▲ $792,160
Cash and Non-Interest-Bearing Accounts$112,727$402,129▲ $289,402
Accounts Receivable$2,358,285$205,682▼ $2,152,603
Prepaid Expenses and Deferred Charges$6,939$8,499▲ $1,560
Total Assets$12,347,172$12,226,326▼ $120,846
Other Assets Total$3,895$4,045▲ $150
Liabilities
Mortgage Notes Payable Secured by Investment Property$441,392$448,804▲ $7,412
Other Liabilities$999,068$277,055▼ $722,013
Accounts Payable and Accrued Expenses$12,236$13,924▲ $1,688
Deferred Revenue$13,320$4,440▼ $8,880
Total Liabilities$1,466,016$744,223▼ $721,793
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,343,102$9,107,950▲ $764,848
Net Assets With Donor Restrictions$2,538,054$2,374,153▼ $163,901
Total Net Assets Fund Balance$10,881,156$11,482,103▲ $600,947
Total Liabilities and Net Assets / Fund Balance$12,347,172$12,226,326▼ $120,846

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,686,904$372,707$2,059,611
Land$240,698-$240,698
Other Land Buildings$0$824$824
Investment Program Related Org$1,496,610--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas GuidugliPresidentPT$18,777$122,868$141,645
Linda FieldsVice Pres/secretary-$2,388$112,509$114,897
Ron RaweTreasurer-$3,648$79,278$82,926

Board Members and Trustees

NameTitle
Michael ChalkChairperson
Carolyn DuffBoard Member
Joseph MumperBoard Member
Richard Buechel JrBoard Member
Mayor Jerry PelusoMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Forge LumberConstruction39 MONTGOMERY DRIVE, Erlanger, KY 41018$162,715
Woeste Builders INCConstruction1096 MORELAND ROAD, Alexandria, KY 41001$130,711
Wr Colors & Services INCConstruction51 19TH STREET, Newport, KY 41071$100,452
Revenue and Support

Revenue Composition

Contributions and Grants
$1,019,720
Program Service Revenue
$128,775
Investment Income
$65,508
Other Revenue
$-236,391
Change in Net Assets
$600,947

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,661,772
Revenue Not Reported on Financial Statements
$-684,160
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-684,160
Total Revenue per Audited Statements
$1,661,772
Total Revenue per Form 990
$977,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$204,753
Other Expenses$171,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$157,382--$157,382
Occupancy$50,365$21,494-$71,859
Depreciation Depletion$51,490--$51,490
Other Employee Benefits$32,144$1,586-$33,730
Payroll Taxes$11,753$1,888-$13,641
Insurance$5,877$6,753-$12,630
Interest$9,472--$9,472
Fees for Services Accounting$817$5,574-$6,391
Fees for Services Management$5,755--$5,755
Travel$4,780--$4,780
Office Expenses$1,393$1,979-$3,372
Fees for Services Legal-$2,600-$2,600
Information Technology$400$1,348-$1,748
All Other Expenses$934$634-$1,568
Advertising$78$55-$133
Fees for Services Other$114--$114
Total Functional Expenses$332,754$43,911$0$376,665

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,060,825
Expenses Not Reported on Form 990$684,160
Expenses per Audited Statements$376,665
Total Expenses per Form 990$376,665
Expenses Not Reported on Financial Statements$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
Due to Affiliate$270,000
Tenant Security Deposits$7,055
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

“The organization pays a related entity, housing authority of newport, to provide management services on behalf of the organization.”

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

“The organization is governed by a five member board of directors appointed by the housing authority of newport.”

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

“NO COMMITTEE MEETINGS.”

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

“A copy of the form 990 was given to the board for review.”

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

“Management oversight is implemented by finance dept.”

Form 990, Part VI, Section C, Line 19

“Copy of form 990 is available for inspection.”

Filing and Contact Details

Filer

Filer Name
Newport Millennium Housing
EIN
31-1762432
Phone
8594410466
Address
PO BOX 459, NEWPORT, KY 41072-0459

Signing Officer

Name
Thomas Guidugli
Title
President
Phone
8594410466
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Guidugli
Formed
2001
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Gilmore Jasion Mahler Ltd
Address
1785 INDIAN WOOD CIRCLE, MAUMEE, OH 43537
Preparer
Alex Spieker
Phone
4197942000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management of the organization is required to determine whether a tax position of the organization is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Management of the organization is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. However, management's conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to, new tax laws, regulations, and administrative interpretations (including relevant court decisions).”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Cost of goods sold -684,160.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 684,160.”

Raw XML AppendixShowing 400 of 738 raw XML fields

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

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IRS990/InventoriesForSaleOrUseGrp/BOYAmt02682669
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03153756
IRS990/InvestmentIncomeGrp/ExclusionAmt0406
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt065102
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt065508
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05323399
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05387425
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0373531
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01514230
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01927602
IRS990/LandBldgEquipCostOrOtherBssAmt02301133
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREATE LOW INCOME HOUSING THROUGH THE ACQUISITION OF PROPERTY FOR DEVELOPMENT AND OPERATION OF MULTI-INCOME HOUSING PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0441392
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0448804
IRS990/NetAssetsOrFundBalancesBOYAmt010881156
IRS990/NetAssetsOrFundBalancesEOYAmt011482103
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-274191
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-274191
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08343102
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09107950
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021494
IRS990/OccupancyGrp/ProgramServicesAmt050365
IRS990/OccupancyGrp/TotalAmt071859
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01979
IRS990/OfficeExpensesGrp/ProgramServicesAmt01393
IRS990/OfficeExpensesGrp/TotalAmt03372
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03895
IRS990/OtherAssetsTotalGrp/EOYAmt04045
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01586
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032144
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033730
IRS990/OtherLiabilitiesGrp/BOYAmt0999068
IRS990/OtherLiabilitiesGrp/EOYAmt0277055
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt037800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt037800
IRS990/OtherRevenueTotalAmt037800
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0157382
IRS990/OtherSalariesAndWagesGrp/TotalAmt0157382
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01888
IRS990/PayrollTaxesGrp/ProgramServicesAmt011753
IRS990/PayrollTaxesGrp/TotalAmt013641
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06939
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08499
IRS990/PrincipalOfficerNm0THOMAS GUIDUGLI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531190
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RELATED PARTY RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2RELATED ENTITY LOSS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0-1076
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0120971
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0120971
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-1076
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01074603
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt061997
IRS990/PYOtherExpensesAmt0158475
IRS990/PYOtherRevenueAmt0-164905
IRS990/PYProgramServiceRevenueAmt02557787
IRS990/PYRevenuesLessExpensesAmt03143991
IRS990/PYSalariesCompEmpBnftPaidAmt0227016
IRS990/PYTotalExpensesAmt0385491
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03529482
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0600947
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt0625000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0642722
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0345028
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01137188
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2015 AMOUNT: $ 1,749. 2016 AMOUNT: $ 31,060. 2017 AMOUNT: $ 19,473. 2018 AMOUNT: $ 30,456. 2019 AMOUNT: $ 37,800.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01019720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01074603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01215146
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01794954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0643307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05747730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt065508
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt061997
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt058585
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt039401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02235
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0227726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0538744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02830462
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0677715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0214664
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01090554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05352139
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt065508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt061997
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt058585
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt039401
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0227726
IRS990ScheduleA/InvestmentIncomeCYPct00.01990
IRS990ScheduleA/InvestmentIncomePYPct00.01490
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt037800
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt030456
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt019473
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt031060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01749
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0120538
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96960
IRS990ScheduleA/PublicSupportPY509Pct00.97710
IRS990ScheduleA/PublicSupportTotal509Amt011099869
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01558464
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03905065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01892861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02009618
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01733861
IRS990ScheduleA/Total509Grp/TotalAmt011099869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01661772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03997518
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01970919
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02080079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01737845
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011448133
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/BookValueAmt01686904
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0372707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02059611
IRS990ScheduleD/ExpensesNotReportedAmt0684160
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0376665
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03890815
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11496610
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN TAX CREDIT ENTITY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RELATED PARTY NOTE RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0240698
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0240698
IRS990ScheduleD/OtherExpensesIncludedAmt0684160
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0824
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1270000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-684160

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,226,326
Liabilities
$744,223
Net assets
$11,482,103
Revenue
$977,612
Expenses
$376,665
Net income
$600,947
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.2$0.27$14.0$0.61$0.53$0.08
2023Detailed filing. Detailed filing data is available for this year.$14.2$0.33$13.9$1.08$0.54$0.54
2022Detailed filing. Detailed filing data is available for this year.$13.7$0.37$13.4$0.04$0.51$0.55
2021Detailed filing. Detailed filing data is available for this year.$14.3$0.39$13.9$2.21$0.46$1.75
2020Detailed filing. Detailed filing data is available for this year.$12.9$0.70$12.2$1.12$0.44$0.68
2019Detailed filing. Detailed filing data is available for this year.$12.2$0.74$11.5$0.98$0.38$0.60
2018Detailed filing. Detailed filing data is available for this year.$12.3$1.47$10.9$3.53$0.39$3.14
2017Detailed filing. Detailed filing data is available for this year.$9.16$1.43$7.74$0.80$0.33$0.46
2016Detailed filing. Detailed filing data is available for this year.$8.08$0.81$7.27$1.97$0.22$1.75
2015Detailed filing. Detailed filing data is available for this year.$6.17$0.65$5.52$0.89$0.13$0.75
2014Detailed filing. Detailed filing data is available for this year.$5.45$0.68$4.77$0.36$0.14$0.22
2013Detailed filing. Detailed filing data is available for this year.$5.96$1.42$4.54$1.07$0.15$0.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$0.82$4.10$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$0.61$4.11$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$1.05$2.67$0.14