Civic Intelligence

Villa Serena Inc

990 • Fiscal year 2014 • EIN 34-1012604

Feb 01, 2013 to Jan 31, 2014 • Filed on Dec 09, 2014

Organization ProfileWWW.VILLASERENA.NET
6800 Mayfield Road44124

(440) 449-3977

Siviq Scores

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

Liabilities / Assets

84th percentile

0.54x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

1.12x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Net Margin

31st percentile

-1.0%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Asset Growth

18th percentile

-5.4%

Faster asset growth than 18% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$1,978,666

Down $113,579 (-5.4%) from 2013

Net Assets

Down

$903,026

Down $9,775 (-1.1%) from 2013

Liabilities

Down

$1,075,640

Down $103,804 (-8.8%) from 2013

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin31st percentile

Revenue

$959,504

No earlier filing loaded for comparison.

Expenses

Up

$969,279

Up $115,081 (+13%) from 2013

Net Income

-$9,775

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $913,468Liabilities 2011: $1,363,631Net Assets 2011: -$450,1632011Assets 2012: $2,074,381Liabilities 2012: $1,279,038Net Assets 2012: $795,3432012Assets 2013: $2,092,245Liabilities 2013: $1,179,444Net Assets 2013: $912,8012013Assets 2014: $1,978,666Liabilities 2014: $1,075,640Net Assets 2014: $903,0262014Assets 2015: $1,902,558Liabilities 2015: $1,096,550Net Assets 2015: $806,0082015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$1,978,666
Liabilities$1,075,640
Net Assets$903,026
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $971,3932011Expenses 2012: $943,4562012Expenses 2013: $854,1982013Revenue 2014: $959,504Expenses 2014: $969,279Net Income 2014: -$9,7752014Revenue 2015: $939,888Expenses 2015: $1,036,906Net Income 2015: -$97,0182015Revenue 2016: $4,350,385Expenses 2016: $511,102Net Income 2016: $3,839,2832016

Highlighted filing

2014

Revenue$959,504
Expenses$969,279
Net Income-$9,775
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2013 to Jan 31, 2014
Signed
Dec 9, 2014
Return Version
2013v3.0
Gross Receipts
$959,504
Mission and Program Overview

Mission

The purpose of villa serena is (a) to provide housing and related facilities and services for elderly families and persons on a non-profit basis; (b) to plan, construct, operate, maintain, rehabilitate, alter, convert and improve housing and related facilities and services for elderly families and persons.

To provide affordable housing and supportive services for low-income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,819,208$1,748,482▼ $70,726
Cash and Non-Interest-Bearing Accounts$175,554$126,941▼ $48,613
Prepaid Expenses and Deferred Charges$14,248$15,133▲ $885
Accounts Receivable$8,206$9,691▲ $1,485
Total Assets$2,092,245$1,978,666▼ $113,579
Other Assets Total$75,029$78,419▲ $3,390
Liabilities
Mortgage Notes Payable Secured by Investment Property$942,583$832,368▼ $110,215
Other Liabilities$215,726$222,275▲ $6,549
Accounts Payable and Accrued Expenses$20,735$19,957▼ $778
Deferred Revenue$400$1,040▲ $640
Total Liabilities$1,179,444$1,075,640▼ $103,804
Net Assets / Fund Balance
Unrestricted Net Assets$912,801$903,026▼ $9,775
Total Net Assets Fund Balance$912,801$903,026▼ $9,775
Total Liabilities and Net Assets / Fund Balance$2,092,245$1,978,666▼ $113,579

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,725$2,707,075$2,717,800
Leasehold Improvements$1,417,876$338,793$1,756,669
Other Land Buildings$40,476$233,372$273,848
Land$273,598-$273,598
Equipment$5,807$29,925$35,732
Compensation and Service Providers
Top Officer Pay57th percentile

Board Members and Trustees

NameTitle
Basil RussoPresident
Joe FrankVice President
James AlesciDirector
Thomas PitroneDirector
WILLIAM D'AMICODirector
Andrea RedheadSecretary
Bob RiniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,685
Program Service Revenue
$905,363
Investment Income
$36
Other Revenue
$25,420
Change in Net Assets
$-9,775

Audited Revenue Reconciliation

Revenue per Audited Statements
$959,504
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$959,504
Total Revenue per Form 990
$959,504
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$687,277
Salaries, Compensation, and Employee Benefits$282,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,495--$192,495
Depreciation Depletion$82,944--$82,944
Other Employee Benefits$70,517--$70,517
Insurance$31,165--$31,165
Other Expenses$17,291--$17,291
Payroll Taxes$17,023--$17,023
All Other Expenses$15,725--$15,725
Office Expenses$15,312--$15,312
Interest$12,415--$12,415
Fees for Services Accounting$9,512--$9,512
Advertising$2,052--$2,052
Pension Plan Contributions$1,967--$1,967
Total Functional Expenses$969,279$0$0$969,279

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$969,279
Total Expenses per Audited Statements$969,279
Total Expenses per Form 990$969,279
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Mortgage Interest$72,816
Tenant Security Deposits$70,132
Accrued Real Estate Taxes$67,748
Accrued Payroll Taxes$11,579
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A "draft" copy of the 990 is reviewed directly by the president, vice-president and the administrator for accuracy, material misstatements and extraordinary items. Once approved, the return is processed and a copy of the return is sent to each voting board member (via email or hard copy) prior to the return being filed.”

Form 990, Part VI, Section C, Line 18

“All copies of the organization's governing documents and form 990 are made available to the public upon request”

Form 990, Part VI, Section C, Line 19

“All copies of the organization's governing documents and financial statements are made available to the public upon request”

Filing and Contact Details

Filer

EIN
34-1012604
Phone
4404493977

Signing Officer

Name
Basil Russo
Title
President
Phone
4404493977
Signed
2014-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Basil Russo
Formed
1963
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
12

Preparer

Preparer
Kathryn Tatman CPA
Phone
2163781550
Raw XML AppendixShowing 400 of 422 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/BOYAmt020735
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019957
IRS990/AccountsReceivableGrp/BOYAmt08206
IRS990/AccountsReceivableGrp/EOYAmt09691
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING AND SUPPORTIVE SERVICES FOR LOW-INCOME SENIOR CITIZENS.
IRS990/AdvertisingGrp/ProgramServicesAmt02052
IRS990/AdvertisingGrp/TotalAmt02052
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015725
IRS990/AllOtherExpensesGrp/TotalAmt015725
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10ROBERT A RINI
IRS990/BooksInCareOfDetail/PhoneNum04404491159
IRS990/BooksInCareOfDetail/USAddress/AddressLine106800 MAYFIELD RD
IRS990/BooksInCareOfDetail/USAddress/City0MAYFIELD HTS
IRS990/BooksInCareOfDetail/USAddress/State0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCode044124
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0175554
IRS990/CashNonInterestBearingGrp/EOYAmt0126941
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt028685
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036
IRS990/CYOtherExpensesAmt0687277
IRS990/CYOtherRevenueAmt025420
IRS990/CYProgramServiceRevenueAmt0905363
IRS990/CYRevenuesLessExpensesAmt0-9775
IRS990/CYSalariesCompEmpBnftPaidAmt0282002
IRS990/CYTotalExpensesAmt0969279
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0959504
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0400
IRS990/DeferredRevenueGrp/EOYAmt01040
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt082944
IRS990/DepreciationDepletionGrp/TotalAmt082944
IRS990/Desc0VILLA SERENA INC. OWNS AND OPERATES AN APARTMENT COMPLEX OF 238 UNITS UNDER SEC 202 OF THE NATIONAL HOUSING ACT. THE PROJECT IS REGULATED BY HUD AS TO RENT CHARGES AND OPERATING EXPENSES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0934855
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09512
IRS990/FeesForServicesAccountingGrp/TotalAmt09512
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0BASIL RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ALESCI
IRS990/Form990PartVIISectionAGrp/PersonNm2JOE FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS PITRONE
IRS990/Form990PartVIISectionAGrp/PersonNm4BOB RINI
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREA REDHEAD
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM D'AMICO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt028685
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0959504
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt031165
IRS990/InsuranceGrp/TotalAmt031165
IRS990/InterestGrp/ProgramServicesAmt012415
IRS990/InterestGrp/TotalAmt012415
IRS990/InvestmentIncomeGrp/ExclusionAmt036
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03309165
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01819208
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01748482
IRS990/LandBldgEquipCostOrOtherBssAmt05057647
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF VILLA SERENA IS (A) TO PROVIDE HOUSING AND RELATED FACILITIES AND SERVICES FOR ELDERLY FAMILIES AND PERSONS ON A NON-PROFIT BASIS; (B) TO PLAN, CONSTRUCT, OPERATE, MAINTAIN, REHABILITATE, ALTER, CONVERT AND IMPROVE HOUSING AND RELATED FACILITIES AND SERVICES FOR ELDERLY FAMILIES AND PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0942583
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0832368
IRS990/NetAssetsOrFundBalancesBOYAmt0912801
IRS990/NetAssetsOrFundBalancesEOYAmt0903026
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt015312
IRS990/OfficeExpensesGrp/TotalAmt015312
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075029
IRS990/OtherAssetsTotalGrp/EOYAmt078419
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt070517
IRS990/OtherEmployeeBenefitsGrp/TotalAmt070517
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1TAXES LICENSE & PERMITS
IRS990/OtherExpensesGrp/Desc2SUPPLIES/MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRASH & SNOW REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0256864
IRS990/OtherExpensesGrp/ProgramServicesAmt1141174
IRS990/OtherExpensesGrp/ProgramServicesAmt2102823
IRS990/OtherExpensesGrp/ProgramServicesAmt317291
IRS990/OtherExpensesGrp/TotalAmt0256864
IRS990/OtherExpensesGrp/TotalAmt1141174
IRS990/OtherExpensesGrp/TotalAmt2102823
IRS990/OtherExpensesGrp/TotalAmt317291
IRS990/OtherLiabilitiesGrp/BOYAmt0215726
IRS990/OtherLiabilitiesGrp/EOYAmt0222275
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/Desc2FORFEITED SECURITY DEP
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010833
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt19231
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25356
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010833
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt19231
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25356
IRS990/OtherRevenueTotalAmt025420
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0192495
IRS990/OtherSalariesAndWagesGrp/TotalAmt0192495
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt017023
IRS990/PayrollTaxesGrp/TotalAmt017023
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01967
IRS990/PensionPlanContributionsGrp/TotalAmt01967
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015133
IRS990/PrincipalOfficerNm0BASIL RUSSO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0905363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0905363
IRS990/ProgSrvcAccomActy2Grp/Desc0VILLA SERENA PROVIDES SUPPORTIVE SERVICE TO LOW-INCOME SENIOR CITIZENS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034424
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt032251
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-126
IRS990/PYOtherExpensesAmt0601398
IRS990/PYOtherRevenueAmt028814
IRS990/PYProgramServiceRevenueAmt0910717
IRS990/PYRevenuesLessExpensesAmt0117458
IRS990/PYSalariesCompEmpBnftPaidAmt0252800
IRS990/PYTotalExpensesAmt0854198
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0971656
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9775
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0930783
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/BookValueAmt010725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02707075
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02717800
IRS990ScheduleD/EquipmentGrp/BookValueAmt05807
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029925
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035732
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0969279
IRS990ScheduleD/LandGrp/BookValueAmt0273598
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0273598
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01417876
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0338793
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01756669
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040476
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0233372
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0273848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt172816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt267748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED MORTGAGE INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED PAYROLL TAXES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0959504
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01748482
IRS990ScheduleD/TotalExpensesPerForm990Amt0969279
IRS990ScheduleD/TotalLiabilityAmt0222275
IRS990ScheduleD/TotalRevenuePerForm990Amt0959504
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0959504
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0969279
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A "DRAFT" COPY OF THE 990 IS REVIEWED DIRECTLY BY THE PRESIDENT, VICE-PRESIDENT AND THE ADMINISTRATOR FOR ACCURACY, MATERIAL MISSTATEMENTS AND EXTRAORDINARY ITEMS. ONCE APPROVED, THE RETURN IS PROCESSED AND A COPY OF THE RETURN IS SENT TO EACH VOTING BOARD MEMBER (VIA EMAIL OR HARD COPY) PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BusinessNameLine10HOWARD I CHISLER SENIOR CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341943522
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SENIOR CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine106800 MAYFIELD ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0MAYFIELD HTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode044124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
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/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02092245
IRS990/TotalAssetsEOYAmt01978666
IRS990/TotalAssetsGrp/BOYAmt02092245
IRS990/TotalAssetsGrp/EOYAmt01978666
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt028685
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0969279
IRS990/TotalFunctionalExpensesGrp/TotalAmt0969279
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01179444
IRS990/TotalLiabilitiesEOYAmt01075640
IRS990/TotalLiabilitiesGrp/BOYAmt01179444
IRS990/TotalLiabilitiesGrp/EOYAmt01075640
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0912801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0903026
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0969279
IRS990/TotalProgramServiceRevenueAmt0905363
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0930783
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0959504
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02092245
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01978666
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0912801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0903026
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106800 MAYFIELD ROAD
IRS990/USAddress/City0MAYFIELD HTS
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode044124
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VILLASERENA.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BASIL RUSSO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04404493977

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,978,666
Liabilities
$1,075,640
Net assets
$903,026
Revenue
$959,504
Expenses
$969,279
Net income
-$9,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.35$0.51$3.84
2015Detailed filing. Detailed filing data is available for this year.$1.90$1.10$0.81$0.94$1.04$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.98$1.08$0.90$0.96$0.97$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$1.18$0.91$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$1.28$0.80$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.36$0.45$0.97