Civic Intelligence

Villa Mercede Community Urban Redevelopment Corporation

990 • Fiscal year 2018 • EIN 34-1251206

Oct 01, 2017 to Sep 30, 2018 • Filed on Feb 07, 2019

Organization ProfileN/A
1331 W 70th StreetCleveland, OH 44102

(216) 360-9441

Siviq Scores

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

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

1.88x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

-1.2%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

39th percentile

-1.5%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

1.9%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$3,147,731

Down $49,532 (-1.5%) from 2017

Net Assets

Down

$222,177

Down $18,213 (-7.6%) from 2017

Liabilities

Down

$2,925,554

Down $31,319 (-1.1%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin36th percentile

Revenue

Up

$1,557,967

Up $29,545 (+1.9%) from 2017

Expenses

Down

$1,576,180

Down $452,613 (-22%) from 2017

Net Income

Up

-$18,213

Up $482,158 (+96%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,439,311Liabilities 2010: $2,622,516Net Assets 2010: -$183,2052010Assets 2011: $2,829,181Liabilities 2011: $2,559,072Net Assets 2011: $270,1092011Assets 2012: $2,825,738Liabilities 2012: $2,155,551Net Assets 2012: $670,1872012Assets 2013: $2,903,907Liabilities 2013: $1,985,368Net Assets 2013: $918,5392013Assets 2014: $4,342,668Liabilities 2014: $3,245,828Net Assets 2014: $1,096,8402014Assets 2015: $4,073,902Liabilities 2015: $3,196,968Net Assets 2015: $876,9342015Assets 2016: $3,910,551Liabilities 2016: $3,169,790Net Assets 2016: $740,7612016Assets 2017: $3,197,263Liabilities 2017: $2,956,873Net Assets 2017: $240,3902017Assets 2018: $3,147,731Liabilities 2018: $2,925,554Net Assets 2018: $222,1772018Assets 2019: $3,070,411Liabilities 2019: $2,924,124Net Assets 2019: $146,2872019Assets 2020: $3,061,087Liabilities 2020: $2,857,014Net Assets 2020: $204,0732020Assets 2021: $3,037,382Liabilities 2021: $2,830,531Net Assets 2021: $206,8512021Assets 2022: $2,976,876Liabilities 2022: $2,800,970Net Assets 2022: $175,9062022Assets 2023: $2,946,150Liabilities 2023: $2,762,878Net Assets 2023: $183,2722023Assets 2024: $2,864,209Liabilities 2024: $2,715,290Net Assets 2024: $148,9192024Assets 2025: $2,846,684Liabilities 2025: $2,659,133Net Assets 2025: $187,5512025

Highlighted filing

2018

Assets$3,147,731
Liabilities$2,925,554
Net Assets$222,177
Open 2018 Filing

Operations Trend

Revenue Growth45th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,237,8182010Expenses 2011: $1,189,6902011Expenses 2012: $1,289,8482012Expenses 2013: $1,465,2182013Revenue 2014: $1,642,649Expenses 2014: $1,464,348Net Income 2014: $178,3012014Revenue 2015: $1,406,091Expenses 2015: $1,625,997Net Income 2015: -$219,9062015Revenue 2016: $1,476,676Expenses 2016: $1,612,849Net Income 2016: -$136,1732016Revenue 2017: $1,528,422Expenses 2017: $2,028,793Net Income 2017: -$500,3712017Revenue 2018: $1,557,967Expenses 2018: $1,576,180Net Income 2018: -$18,2132018Revenue 2019: $1,589,612Expenses 2019: $1,665,502Net Income 2019: -$75,8902019Revenue 2020: $1,614,651Expenses 2020: $1,556,865Net Income 2020: $57,7862020Revenue 2021: $1,626,501Expenses 2021: $1,618,319Net Income 2021: $8,1822021Revenue 2022: $1,695,895Expenses 2022: $1,702,722Net Income 2022: -$6,8272022Revenue 2023: $1,760,210Expenses 2023: $1,765,399Net Income 2023: -$5,1892023Revenue 2024: $1,799,734Expenses 2024: $1,889,684Net Income 2024: -$89,9502024Revenue 2025: $1,924,629Expenses 2025: $1,864,961Net Income 2025: $59,6682025

Highlighted filing

2018

Revenue$1,557,967
Expenses$1,576,180
Net Income-$18,213
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Feb 7, 2019
Return Version
2017v2.3
Gross Receipts
$1,557,967
Mission and Program Overview

Mission

To provide affordable housing for the elderly and handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,498,756$2,119,204▼ $379,552
Cash and Non-Interest-Bearing Accounts$163,677$333,876▲ $170,199
Savings and Temporary Cash Investments$167,940$283,035▲ $115,095
Prepaid Expenses and Deferred Charges$28,052$28,674▲ $622
Accounts Receivable$2,995$2,669▼ $326
Total Assets$3,197,263$3,147,731▼ $49,532
Other Assets Total$335,843$380,273▲ $44,430
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,770,839$2,744,338▼ $26,501
Accounts Payable and Accrued Expenses$141,834$136,721▼ $5,113
Other Liabilities$43,669$43,962▲ $293
Deferred Revenue$531$533▲ $2
Total Liabilities$2,956,873$2,925,554▼ $31,319
Net Assets / Fund Balance
Unrestricted Net Assets$240,390$222,177▼ $18,213
Total Net Assets Fund Balance$240,390$222,177▼ $18,213
Total Liabilities and Net Assets / Fund Balance$3,197,263$3,147,731▼ $49,532

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,625,431$4,884,484$6,509,915
Equipment$157,297$491,993$649,290
Leasehold Improvements$186,530$135,468$321,998
Land$149,946-$149,946
Other Assets Org$230,419--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Charlie MannoPresident
Joseph BiasiottaVice President
Anthony CostanzoTrustee
FRANK D'ONOFRIOTrustee
Fr Richard RaschTrustee
Lori CrowTrustee
Michael DecaesarTrustee
Ralph RussoTrustee
Marie FordSecretary
Alicia MazziTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,063,524
Program Service Revenue
$469,188
Investment Income
$1,114
Other Revenue
$24,141
Change in Net Assets
$-18,213

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,557,967
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,557,967
Total Revenue per Form 990
$1,557,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,576,180
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$464,171--$464,171
Depreciation Depletion$379,552--$379,552
Other Expenses$187,850--$187,850
Interest$148,948--$148,948
Fees for Services Management-$77,113-$77,113
Insurance$47,314--$47,314
Office Expenses$32,127--$32,127
Fees for Services Accounting$11,880--$11,880
Fees for Services Legal$5,373--$5,373
Advertising$450--$450
Total Functional Expenses$1,499,067$77,113$0$1,576,180

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,576,180
Total Expenses per Audited Statements$1,576,180
Total Expenses per Form 990$1,576,180
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits (contra)$43,962
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Mjm management company and its employees oversee and manage day-to-day operations of the organization. All management decisions are discussed and approved by the board of trustees before they are carried out.”

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

“Draft copy of the tax return is forwarded to the board for review and approval prior to filing.”

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

“Officers and trustees are required to disclose annually interests that could give rise to conflicts. At each board meeting, if a conflict of interest arises, the conflicted party advises the rest of the board of the conflict and abstains from the discussion.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Villa Mercede Community Urban
EIN
34-1251206
Phone
2163609441
Address
1331 W 70TH STREET, CLEVELAND, OH 44102

Signing Officer

Name
Charlie Manno
Title
Board President
Phone
2163609441
Signed
2019-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Manno
Formed
1978
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Chadd Weisert Jd
Phone
6145281465
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has an audit committee which oversees the audit of the financial statements, and is involved in the selection of the independent accountant which performs the audit this process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation applied for and received a determination letter from the internal revenue service (irs) to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Generally, income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2014 remain open.”

Raw XML AppendixShowing 400 of 466 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/BOYAmt0141834
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0136721
IRS990/AccountsReceivableGrp/BOYAmt02995
IRS990/AccountsReceivableGrp/EOYAmt02669
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED INDIVIDUALS.
IRS990/AdvertisingGrp/ProgramServicesAmt0450
IRS990/AdvertisingGrp/TotalAmt0450
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MJM MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum02165667676
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01468 W 9TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044113
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0163677
IRS990/CashNonInterestBearingGrp/EOYAmt0333876
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01063524
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01114
IRS990/CYOtherExpensesAmt01576180
IRS990/CYOtherRevenueAmt024141
IRS990/CYProgramServiceRevenueAmt0469188
IRS990/CYRevenuesLessExpensesAmt0-18213
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01576180
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01557967
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0531
IRS990/DeferredRevenueGrp/EOYAmt0533
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0379552
IRS990/DepreciationDepletionGrp/TotalAmt0379552
IRS990/Desc0THE PURPOSE OF THE CORPORATION IS TO CONSTRUCT AND OPERATE A 151 UNIT APARTMENT PROJECT UNDER SECTION 207 PURSUANT OF SECTION 223(F) AND 8 OF THE NATIONAL AFFORDABLE ACT, AS AMENDED. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01499067
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011880
IRS990/FeesForServicesAccountingGrp/TotalAmt011880
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05373
IRS990/FeesForServicesLegalGrp/TotalAmt05373
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt077113
IRS990/FeesForServicesManagementGrp/TotalAmt077113
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
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/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLIE MANNO
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH BIASIOTTA
IRS990/Form990PartVIISectionAGrp/PersonNm2ALICIA MAZZI
IRS990/Form990PartVIISectionAGrp/PersonNm3FRANK D'ONOFRIO
IRS990/Form990PartVIISectionAGrp/PersonNm4FR RICHARD RASCH
IRS990/Form990PartVIISectionAGrp/PersonNm5ANTHONY COSTANZO
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL DECAESAR
IRS990/Form990PartVIISectionAGrp/PersonNm7LORI CROW
IRS990/Form990PartVIISectionAGrp/PersonNm8RALPH RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIE FORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01063524
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01557967
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt047314
IRS990/InsuranceGrp/TotalAmt047314
IRS990/InterestGrp/ProgramServicesAmt0148948
IRS990/InterestGrp/TotalAmt0148948
IRS990/InvestmentIncomeGrp/ExclusionAmt01114
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01114
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05511945
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02498756
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02119204
IRS990/LandBldgEquipCostOrOtherBssAmt07631149
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02770839
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02744338
IRS990/NetAssetsOrFundBalancesBOYAmt0240390
IRS990/NetAssetsOrFundBalancesEOYAmt0222177
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0464171
IRS990/OccupancyGrp/TotalAmt0464171
IRS990/OfficeExpensesGrp/ProgramServicesAmt032127
IRS990/OfficeExpensesGrp/TotalAmt032127
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0335843
IRS990/OtherAssetsTotalGrp/EOYAmt0380273
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE CONTRACTS
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt0221402
IRS990/OtherExpensesGrp/ProgramServicesAmt1187850
IRS990/OtherExpensesGrp/TotalAmt0221402
IRS990/OtherExpensesGrp/TotalAmt1187850
IRS990/OtherLiabilitiesGrp/BOYAmt043669
IRS990/OtherLiabilitiesGrp/EOYAmt043962
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015431
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt18710
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015431
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt18710
IRS990/OtherRevenueTotalAmt024141
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028052
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028674
IRS990/PrincipalOfficerNm0CHARLIE MANNO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0469188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0469188
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01034313
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0950
IRS990/PYOtherExpensesAmt02028793
IRS990/PYOtherRevenueAmt019812
IRS990/PYProgramServiceRevenueAmt0473347
IRS990/PYRevenuesLessExpensesAmt0-500371
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02028793
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01528422
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-18213
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0493329
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0167940
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0283035
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01063524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01034313
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02097837
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0950
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0569
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01166
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0469188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0473347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01465083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01421897
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01630923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05460438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0950
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0569
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0637
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01166
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04436
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt018291
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt019812
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011024
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0-16443
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010560
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043244
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99490
IRS990ScheduleA/PublicSupportTotal509Amt07558275
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01532712
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01507660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01465083
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01421897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01630923
IRS990ScheduleA/Total509Grp/TotalAmt07558275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01552117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01528422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01476676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01406091
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01642649
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07605955
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01625431
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04884484
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06509915
IRS990ScheduleD/EquipmentGrp/BookValueAmt0157297
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0491993
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0649290
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01576180
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0149946
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0149946
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0186530
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0135468
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0321998
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt049893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt199961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2230419
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS (CONTRA)
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01557967
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2014 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02119204
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0380273
IRS990ScheduleD/TotalExpensesPerForm990Amt01576180
IRS990ScheduleD/TotalLiabilityAmt043962
IRS990ScheduleD/TotalRevenuePerForm990Amt01557967
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01557967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01576180
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MJM MANAGEMENT COMPANY AND ITS EMPLOYEES OVERSEE AND MANAGE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION. ALL MANAGEMENT DECISIONS ARE DISCUSSED AND APPROVED BY THE BOARD OF TRUSTEES BEFORE THEY ARE CARRIED OUT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT COPY OF THE TAX RETURN IS FORWARDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. AT EACH BOARD MEETING, IF A CONFLICT OF INTEREST ARISES, THE CONFLICTED PARTY ADVISES THE REST OF THE BOARD OF THE CONFLICT AND ABSTAINS FROM THE DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS, AND IS INVOLVED IN THE SELECTION OF THE INDEPENDENT ACCOUNTANT WHICH PERFORMS THE AUDIT THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03197263
IRS990/TotalAssetsEOYAmt03147731
IRS990/TotalAssetsGrp/BOYAmt03197263
IRS990/TotalAssetsGrp/EOYAmt03147731
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01063524
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077113
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01499067
IRS990/TotalFunctionalExpensesGrp/TotalAmt01576180
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02956873
IRS990/TotalLiabilitiesEOYAmt02925554

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,147,731
Liabilities
$2,925,554
Net assets
$222,177
Revenue
$1,557,967
Expenses
$1,576,180
Net income
-$18,213
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.85$2.66$0.19$1.92$1.86$0.06
2024Detailed filing. Detailed filing data is available for this year.$2.86$2.72$0.15$1.80$1.89$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.95$2.76$0.18$1.76$1.77$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.98$2.80$0.18$1.70$1.70$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$2.83$0.21$1.63$1.62$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.06$2.86$0.20$1.61$1.56$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.07$2.92$0.15$1.59$1.67$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.15$2.93$0.22$1.56$1.58$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.20$2.96$0.24$1.53$2.03$0.50
2016Detailed filing. Detailed filing data is available for this year.$3.91$3.17$0.74$1.48$1.61$0.14
2015Detailed filing. Detailed filing data is available for this year.$4.07$3.20$0.88$1.41$1.63$0.22
2014Detailed filing. Detailed filing data is available for this year.$4.34$3.25$1.10$1.64$1.46$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$1.99$0.92$1.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$2.16$0.67$1.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$2.56$0.27$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$2.62$0.18$1.24