Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Assets
Down$1,902,558
Down $76,108 (-3.8%) from 2014
Net Assets
Down$806,008
Down $97,018 (-11%) from 2014
Liabilities
Up$1,096,550
Up $20,910 (+1.9%) from 2014
Revenue
Down$939,888
Down $19,616 (-2.0%) from 2014
Expenses
Up$1,036,906
Up $67,627 (+7.0%) from 2014
Net Income
Down-$97,018
Down $87,243 (-893%) from 2014
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,748,482 | $1,682,322 | ▼ $66,160 |
| Cash and Non-Interest-Bearing Accounts | $126,941 | $133,911 | ▲ $6,970 |
| Prepaid Expenses and Deferred Charges | $15,133 | $16,333 | ▲ $1,200 |
| Accounts Receivable | $9,691 | $7,333 | ▼ $2,358 |
| Total Assets | $1,978,666 | $1,902,558 | ▼ $76,108 |
| Other Assets Total | $78,419 | $62,659 | ▼ $15,760 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $832,368 | $718,784 | ▼ $113,584 |
| Other Liabilities | $222,275 | $217,134 | ▼ $5,141 |
| Accounts Payable and Accrued Expenses | $19,957 | $149,050 | ▲ $129,093 |
| Deferred Revenue | $1,040 | $11,582 | ▲ $10,542 |
| Total Liabilities | $1,075,640 | $1,096,550 | ▲ $20,910 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $903,026 | $806,008 | ▼ $97,018 |
| Total Net Assets Fund Balance | $903,026 | $806,008 | ▼ $97,018 |
| Total Liabilities and Net Assets / Fund Balance | $1,978,666 | $1,902,558 | ▼ $76,108 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $9,075 | $2,708,726 | $2,717,801 |
| Leasehold Improvements | $1,352,628 | $408,104 | $1,760,732 |
| Other Land Buildings | $40,268 | $241,668 | $281,936 |
| Land | $273,597 | - | $273,597 |
| Equipment | $6,754 | $31,384 | $38,138 |
| Name | Title |
|---|---|
| Thomas Pitrone | President |
| Joe Frank | Vice President |
| Basil Russo | Director |
| James Alesci | Director |
| WILLIAM D'AMICO | Director |
| Andrea Redhead | Secretary |
| Bob Rini | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $760,674 |
| Salaries, Compensation, and Employee Benefits | $276,232 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $210,421 | - | - | $210,421 |
| Depreciation Depletion | $80,717 | - | - | $80,717 |
| Other Employee Benefits | $41,780 | - | - | $41,780 |
| All Other Expenses | $36,117 | - | - | $36,117 |
| Insurance | $34,503 | - | - | $34,503 |
| Payroll Taxes | $24,031 | - | - | $24,031 |
| Other Expenses | $22,659 | - | - | $22,659 |
| Office Expenses | $21,146 | - | - | $21,146 |
| Fees for Services Accounting | $15,840 | - | - | $15,840 |
| Interest | $11,590 | - | - | $11,590 |
| Travel | $7,780 | - | - | $7,780 |
| Advertising | $7,339 | - | - | $7,339 |
| Fees for Services Legal | $3,025 | - | - | $3,025 |
| Total Functional Expenses | $1,036,906 | $0 | $0 | $1,036,906 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,036,906 |
| Total Expenses per Audited Statements | $1,036,906 |
| Total Expenses per Form 990 | $1,036,906 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Accrued Mortgage Interest | $78,253 |
| Accrued Real Estate Taxes | $69,164 |
| Tenant Security Deposits | $61,795 |
| Accrued Insurance | $4,551 |
| Accrued Payroll Taxes | $3,371 |
“Articles of incorporation with the state of ohio were amended on 7/28/14 to add the following: "in the event of dissolution, winding up or liquidation of the assets of this corporation, its assets shall be distributed to non-profit and charitable corporations or institutions exempt from federal income tax under sections 501(c)(3), 501(c)(4) or 501(c)(10) of the internal revenue code as may be designated by the board of trustees whose purposes include any of the following (i) purposes similar to those of this corporation, or (ii) the promotion of the italian american culture, language, education, tradition, heritage, social welfare and history for the benefit of the community including the fostering of fraternalism among italian-americans and italian-american organizations, the awarding of scholarships for qualified students, the sponsorship of travel programs, the development of cultural and educational activities and opportunities, the initiation of nonprofit and charitable endeavors, including providing housing, food, or financial support to organizations consistent with these objectives, and the ownership, lease and development of real property to house and promote any of the foregoing, or (iii) one or more other public or charitable purposes within the meaning of sections 501(c)(3), 501(c)(4) or 501(c)(10) of the internal revenue code, or corresponding section of any future federal tax code." "the corporation's seven (7) member board of trustees shall consist of four (4) members appointed from the saint francis foundation, an ohio non-profit corporation, and three (3) members appointed from the order italian sons and daughters of america, ohio district, inc., an ohio non-profit corporation. All matters before the board of trustees of the corporation for approval must be approved by at least five (5) or more of the members of the corporation's board of trustees."”
“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.”
“All copies of the organization's governing documents and form 990 are made available to the public upon request”
“All copies of the organization's governing documents and financial statements are made available to the public upon request”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 19957 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 149050 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 9691 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 7333 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE AFFORDABLE HOUSING AND SUPPORTIVE SERVICES FOR LOW-INCOME SENIOR CITIZENS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 7339 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 7339 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 36117 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 36117 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VESTA MANAGEMENT CORPORATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4404491159 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6800 MAYFIELD RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MAYFIELD HTS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 44124 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 126941 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 133911 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 29235 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 343 |
| IRS990/CYOtherExpensesAmt | 0 | 760674 |
| IRS990/CYOtherRevenueAmt | 0 | 30510 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 879800 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -97018 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 276232 |
| IRS990/CYTotalExpensesAmt | 0 | 1036906 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 939888 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1040 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 11582 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 80717 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 80717 |
| IRS990/Desc | 0 | VILLA 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/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 9 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1007671 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 15840 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15840 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 3025 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 3025 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | THOMAS PITRONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES ALESCI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOE FRANK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BASIL RUSSO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BOB RINI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ANDREA REDHEAD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | WILLIAM D'AMICO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1963 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 29235 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 939888 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 34503 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 34503 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 11590 |
| IRS990/InterestGrp/TotalAmt | 0 | 11590 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 343 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 343 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3389882 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1748482 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1682322 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5072204 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 832368 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 718784 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 903026 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 806008 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 21146 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21146 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 78419 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 62659 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 41780 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 41780 |
| IRS990/OtherExpensesGrp/Desc | 0 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | TAXES LICENSE & PERMITS |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES/MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | MANAGEMENT FEE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 289398 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 144072 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 86488 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 22659 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 289398 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 144072 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 86488 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 22659 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 222275 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 217134 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS TENANT C |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | LAUNDRY INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 20875 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 9635 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 20875 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 9635 |
| IRS990/OtherRevenueTotalAmt | 0 | 30510 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 210421 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 210421 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 24031 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 24031 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 15133 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 16333 |
| IRS990/PrincipalOfficerNm | 0 | THOMAS PITRONE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | APARTMENT RENTAL |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 879800 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 879800 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | VILLA SERENA PROVIDES SUPPORTIVE SERVICE TO LOW-INCOME SENIOR CITIZENS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 29235 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 28685 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 36 |
| IRS990/PYOtherExpensesAmt | 0 | 687277 |
| IRS990/PYOtherRevenueAmt | 0 | 25420 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 905363 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -9775 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 282002 |
| IRS990/PYTotalExpensesAmt | 0 | 969279 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 959504 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -97018 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 910310 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 9075 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2708726 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2717801 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 6754 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 31384 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 38138 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1036906 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 273597 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 273597 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1352628 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 408104 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1760732 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 40268 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 241668 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 281936 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 61795 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 78253 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 69164 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 3371 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 4551 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED MORTGAGE INTEREST |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED REAL ESTATE TAXES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | ACCRUED PAYROLL TAXES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | ACCRUED INSURANCE |
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| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 939888 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1682322 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1036906 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 217134 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 939888 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 939888 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1036906 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ARTICLES OF INCORPORATION WITH THE STATE OF OHIO WERE AMENDED ON 7/28/14 TO ADD THE FOLLOWING: "IN THE EVENT OF DISSOLUTION, WINDING UP OR LIQUIDATION OF THE ASSETS OF THIS CORPORATION, ITS ASSETS SHALL BE DISTRIBUTED TO NON-PROFIT AND CHARITABLE CORPORATIONS OR INSTITUTIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTIONS 501(C)(3), 501(C)(4) OR 501(C)(10) OF THE INTERNAL REVENUE CODE AS MAY BE DESIGNATED BY THE BOARD OF TRUSTEES WHOSE PURPOSES INCLUDE ANY OF THE FOLLOWING (I) PURPOSES SIMILAR TO THOSE OF THIS CORPORATION, OR (II) THE PROMOTION OF THE ITALIAN AMERICAN CULTURE, LANGUAGE, EDUCATION, TRADITION, HERITAGE, SOCIAL WELFARE AND HISTORY FOR THE BENEFIT OF THE COMMUNITY INCLUDING THE FOSTERING OF FRATERNALISM AMONG ITALIAN-AMERICANS AND ITALIAN-AMERICAN ORGANIZATIONS, THE AWARDING OF SCHOLARSHIPS FOR QUALIFIED STUDENTS, THE SPONSORSHIP OF TRAVEL PROGRAMS, THE DEVELOPMENT OF CULTURAL AND EDUCATIONAL ACTIVITIES AND OPPORTUNITIES, THE INITIATION OF NONPROFIT AND CHARITABLE ENDEAVORS, INCLUDING PROVIDING HOUSING, FOOD, OR FINANCIAL SUPPORT TO ORGANIZATIONS CONSISTENT WITH THESE OBJECTIVES, AND THE OWNERSHIP, LEASE AND DEVELOPMENT OF REAL PROPERTY TO HOUSE AND PROMOTE ANY OF THE FOREGOING, OR (III) ONE OR MORE OTHER PUBLIC OR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3), 501(C)(4) OR 501(C)(10) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE." "THE CORPORATION'S SEVEN (7) MEMBER BOARD OF TRUSTEES SHALL CONSIST OF FOUR (4) MEMBERS APPOINTED FROM THE SAINT FRANCIS FOUNDATION, AN OHIO NON-PROFIT CORPORATION, AND THREE (3) MEMBERS APPOINTED FROM THE ORDER ITALIAN SONS AND DAUGHTERS OF AMERICA, OHIO DISTRICT, INC., AN OHIO NON-PROFIT CORPORATION. ALL MATTERS BEFORE THE BOARD OF TRUSTEES OF THE CORPORATION FOR APPROVAL MUST BE APPROVED BY AT LEAST FIVE (5) OR MORE OF THE MEMBERS OF THE CORPORATION'S BOARD OF TRUSTEES." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ALL COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | HOWARD I CHISLER SENIOR CENTER INC |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SENIOR CENTER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 9 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 6800 MAYFIELD ROAD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MAYFIELD HTS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | OH |
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| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
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| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | OH |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 1902558 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1978666 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1902558 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 29235 |
| IRS990/TotalEmployeeCnt | 0 | 9 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1036906 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1036906 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1075640 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1096550 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1075640 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1096550 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 903026 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 806008 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1036906 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 879800 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 343 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 910310 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 939888 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 12 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1978666 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1902558 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 7780 |
| IRS990/TravelGrp/TotalAmt | 0 | 7780 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 903026 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 806008 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 6800 MAYFIELD ROAD |
| IRS990/USAddress/CityNm | 0 | MAYFIELD HTS |
| IRS990/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/USAddress/ZIPCd | 0 | 44124 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.VILLASERENA.NET |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS PITRONE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.