Civic Intelligence

Sierra Gardens Housing Foundation

990 • Fiscal year 2017 • EIN 33-0644843

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 02, 2018

Organization ProfileN/A
17150 Via Del CampoSan Diego, CA 92127

(858) 312-8170

Siviq Scores

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

Liabilities / Assets

59th percentile

0.25x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.70x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

87th percentile

29%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$5,440,591

Up $1,213,242 (+29%) from 2016

Net Assets

Up

$4,073,274

Up $59,865 (+1.5%) from 2016

Liabilities

Up

$1,367,317

Up $1,153,377 (+539%) from 2016

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin51st percentile

Revenue

Up

$1,947,894

Up $185,321 (+11%) from 2016

Expenses

Up

$1,888,029

Up $7,642 (+0.4%) from 2016

Net Income

Up

$59,865

Up $177,679 (+151%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $4,513,261Liabilities 2014: $211,579Net Assets 2014: $4,301,6822014Assets 2015: $4,328,827Liabilities 2015: $197,604Net Assets 2015: $4,131,2232015Assets 2016: $4,227,349Liabilities 2016: $213,940Net Assets 2016: $4,013,4092016Assets 2017: $5,440,591Liabilities 2017: $1,367,317Net Assets 2017: $4,073,2742017Assets 2018: $5,414,755Liabilities 2018: $1,241,165Net Assets 2018: $4,173,5902018Assets 2019: $5,501,679Liabilities 2019: $1,115,660Net Assets 2019: $4,386,0192019Assets 2020: $5,567,671Liabilities 2020: $1,007,782Net Assets 2020: $4,559,8892020Assets 2021: $5,579,435Liabilities 2021: $889,852Net Assets 2021: $4,689,5832021Assets 2022: $5,689,434Liabilities 2022: $813,059Net Assets 2022: $4,876,3752022Assets 2023: $5,704,763Liabilities 2023: $754,242Net Assets 2023: $4,950,5212023Assets 2024: $6,023,912Liabilities 2024: $626,022Net Assets 2024: $5,397,8902024

Highlighted filing

2017

Assets$5,440,591
Liabilities$1,367,317
Net Assets$4,073,274
Open 2017 Filing

Operations Trend

Revenue Growth63rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,628,935Expenses 2014: $1,818,877Net Income 2014: -$189,9422014Revenue 2015: $1,704,604Expenses 2015: $1,875,063Net Income 2015: -$170,4592015Revenue 2016: $1,762,573Expenses 2016: $1,880,387Net Income 2016: -$117,8142016Revenue 2017: $1,947,894Expenses 2017: $1,888,029Net Income 2017: $59,8652017Revenue 2018: $2,113,233Expenses 2018: $2,012,917Net Income 2018: $100,3162018Revenue 2019: $2,152,737Expenses 2019: $1,940,308Net Income 2019: $212,4292019Revenue 2020: $2,166,538Expenses 2020: $1,992,668Net Income 2020: $173,8702020Revenue 2021: $2,248,539Expenses 2021: $2,118,845Net Income 2021: $129,6942021Revenue 2022: $2,269,239Expenses 2022: $2,082,447Net Income 2022: $186,7922022Revenue 2023: $2,495,222Expenses 2023: $2,371,635Net Income 2023: $123,5872023Revenue 2024: $2,750,495Expenses 2024: $2,303,126Net Income 2024: $447,3692024

Highlighted filing

2017

Revenue$1,947,894
Expenses$1,888,029
Net Income$59,865
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 2, 2018
Return Version
2017v2.2
Gross Receipts
$1,947,894
Mission and Program Overview

Mission

Low income housing. The corporation was organized for the non profit purpose of providing 190 rental housing units to low income and moderate income families.

The corporation was organized for the non profit purpose of providing 190 rental housing units to low income and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,340,604$4,410,941▲ $1,070,337
Savings and Temporary Cash Investments$633,008$553,291▼ $79,717
Cash and Non-Interest-Bearing Accounts$217,936$358,628▲ $140,692
Prepaid Expenses and Deferred Charges$35,778$36,844▲ $1,066
Intangible Assets-$21,071-
Accounts Receivable$23$746▲ $723
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$4,227,349$5,440,591▲ $1,213,242
Other Assets Total-$59,070-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,092,254-
Other Liabilities$127,277$135,692▲ $8,415
Accounts Payable and Accrued Expenses$78,491$133,108▲ $54,617
Deferred Revenue$8,172$6,263▼ $1,909
Total Liabilities$213,940$1,367,317▲ $1,153,377
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,160,767$6,160,767→ $0
Unrestricted Net Assets$-2,147,358$-2,087,493▲ $59,865
Total Net Assets Fund Balance$4,013,409$4,073,274▲ $59,865
Total Liabilities and Net Assets / Fund Balance$4,227,349$5,440,591▲ $1,213,242

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,102,494$5,536,499$8,638,993
Land$1,284,959-$1,284,959
Other Land Buildings$23,488$465,644$489,132
Equipment-$202,278$202,278
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Robert McelroyChairman
Chris HarrisDirector
David ArmstrongDirector
Lois RandolphDirector
Pauline FlintDirector
Cindy LehmanSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Royal Property ManagementManagement Company17150 VIA DEL CAMPO, San Diego, CA 92127$201,399
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,947,593
Investment Income
$301
Other Revenue
$0
Change in Net Assets
$59,865

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,947,894
Total Revenue per Audited Statements
$1,947,894
Total Revenue per Form 990
$1,947,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,471,363
Salaries, Compensation, and Employee Benefits$416,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$222,134$107,037-$329,171
Depreciation Depletion$286,227--$286,227
Fees for Services Management-$201,399-$201,399
All Other Expenses$84,726$40,372-$125,098
Other Employee Benefits$40,398$19,466-$59,864
Other Expenses$59,296--$59,296
Insurance$54,496--$54,496
Office Expenses-$52,549-$52,549
Fees for Services Accounting-$36,255-$36,255
Interest$29,692--$29,692
Payroll Taxes$18,646$8,985-$27,631
Fees for Services Legal-$717-$717
Total Functional Expenses$1,421,249$466,780$0$1,888,029

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,888,029
Total Expenses per Audited Statements$1,888,029
Total Expenses per Form 990$1,888,029
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
tenant security deposit$131,047
Accrued Interest Payable$4,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 3: Description of Delegated Duties to Management Company

“Management delegated the accounting and payroll functions to a management company.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The federal form 990 was provided to the management company and board members for their review and approval.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The entity maintains its governing documents, policies and financial statements and will provide them to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sierra Gardens Housing Foundation
EIN
33-0644843
Phone
8583128170
Address
17150 VIA DEL CAMPO, SAN DIEGO, CA 92127

Signing Officer

Name
Robert Mcelroy
Title
Chairman
Signed
2018-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Mcelroy
Formed
1995
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
6

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108-3820
Preparer
Michael J Zizzi
Phone
6192947200
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A & Part IX, Line 7

“Employees, salaries and wages - the organization reimburses the management company for wages and payroll taxes. Employees are paid by the management company, no w-2s are issued directly by the organization.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended December 31, 2017, 2016, 2015, and 2014 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.”

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IRS990/OtherExpensesGrp/ProgramServicesAmt198295
IRS990/OtherExpensesGrp/ProgramServicesAmt287599
IRS990/OtherExpensesGrp/ProgramServicesAmt359296
IRS990/OtherExpensesGrp/TotalAmt0439740
IRS990/OtherExpensesGrp/TotalAmt198295
IRS990/OtherExpensesGrp/TotalAmt287599
IRS990/OtherExpensesGrp/TotalAmt359296
IRS990/OtherLiabilitiesGrp/BOYAmt0127277
IRS990/OtherLiabilitiesGrp/EOYAmt0135692
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0107037
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0222134
IRS990/OtherSalariesAndWagesGrp/TotalAmt0329171
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08985
IRS990/PayrollTaxesGrp/ProgramServicesAmt018646
IRS990/PayrollTaxesGrp/TotalAmt027631
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035778
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036844
IRS990/PrincipalOfficerNm0ROBERT MCELROY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/BusinessCd3532000
IRS990/ProgramServiceRevenueGrp/Desc0LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/Desc1LOW INCOME HOUSING RENT
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011002
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11915097
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26396
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315098
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11915097
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26396
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315098
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0303
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01475579
IRS990/PYProgramServiceRevenueAmt01762270
IRS990/PYRevenuesLessExpensesAmt0-117814
IRS990/PYSalariesCompEmpBnftPaidAmt0404808
IRS990/PYTotalExpensesAmt01880387
IRS990/PYTotalRevenueAmt01762573
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt059865
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01947593
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0633008
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0553291
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt099986
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt099986
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0456
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01222
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01947593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01762270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01704282
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01628479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01629472
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08672096
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0456
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02604
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt08772082
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01947593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01762270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01704282
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01628479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01729458
IRS990ScheduleA/Total509Grp/TotalAmt08772082
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01947894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01762573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01704604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01628935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01730680
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08774686
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03102494
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05536499
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08638993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0202278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0202278
IRS990ScheduleD/ExpensesSubtotalAmt01888029
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01284959
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01284959
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023488
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0465644
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0489132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1131047
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1tenant security deposit
IRS990ScheduleD/RevenueSubtotalAmt01947894
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended December 31, 2017, 2016, 2015, and 2014 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04410941
IRS990ScheduleD/TotalExpensesPerForm990Amt01888029
IRS990ScheduleD/TotalLiabilityAmt0135692
IRS990ScheduleD/TotalRevenuePerForm990Amt01947894
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01947894
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01888029
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management delegated the accounting and payroll functions to a management company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL FORM 990 WAS PROVIDED TO THE MANAGEMENT COMPANY AND BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The entity maintains its governing documents, policies and financial statements and will provide them to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EMPLOYEES, SALARIES AND WAGES - THE ORGANIZATION REIMBURSES THE MANAGEMENT COMPANY FOR WAGES AND PAYROLL TAXES. EMPLOYEES ARE PAID BY THE MANAGEMENT COMPANY, NO W-2S ARE ISSUED DIRECTLY BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART V, LINE 2A & PART IX, LINE 7
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06160767
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt06160767

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,440,591
Liabilities
$1,367,317
Net assets
$4,073,274
Revenue
$1,947,894
Expenses
$1,888,029
Net income
$59,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.02$0.63$5.40$2.75$2.30$0.45
2023Detailed filing. Detailed filing data is available for this year.$5.70$0.75$4.95$2.50$2.37$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.69$0.81$4.88$2.27$2.08$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.58$0.89$4.69$2.25$2.12$0.13
2020Detailed filing. Detailed filing data is available for this year.$5.57$1.01$4.56$2.17$1.99$0.17
2019Detailed filing. Detailed filing data is available for this year.$5.50$1.12$4.39$2.15$1.94$0.21
2018Detailed filing. Detailed filing data is available for this year.$5.41$1.24$4.17$2.11$2.01$0.10
2017Detailed filing. Detailed filing data is available for this year.$5.44$1.37$4.07$1.95$1.89$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.23$0.21$4.01$1.76$1.88$0.12
2015Detailed filing. Detailed filing data is available for this year.$4.33$0.20$4.13$1.70$1.88$0.17
2014Detailed filing. Detailed filing data is available for this year.$4.51$0.21$4.30$1.63$1.82$0.19