Civic Intelligence

Villa Mercede Community Urban Redevelopment Corporation

990 • Fiscal year 2020 • EIN 34-1251206

Oct 01, 2019 to Sep 30, 2020 • Filed on Jan 11, 2021

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

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

1.77x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

46th percentile

3.6%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

31st percentile

-0.3%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

1.6%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$3,061,087

Down $9,324 (-0.3%) from 2019

Net Assets

Up

$204,073

Up $57,786 (+40%) from 2019

Liabilities

Down

$2,857,014

Down $67,110 (-2.3%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin46th percentile

Revenue

Up

$1,614,651

Up $25,039 (+1.6%) from 2019

Expenses

Down

$1,556,865

Down $108,637 (-6.5%) from 2019

Net Income

Up

$57,786

Up $133,676 (+176%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2020

Assets$3,061,087
Liabilities$2,857,014
Net Assets$204,073
Open 2020 Filing

Operations Trend

Revenue Growth51st 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

2020

Revenue$1,614,651
Expenses$1,556,865
Net Income$57,786
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jan 11, 2021
Return Version
2019v5.1
Gross Receipts
$1,614,651
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$1,855,190$1,686,682▼ $168,508
Savings and Temporary Cash Investments$584,370$706,753▲ $122,383
Cash and Non-Interest-Bearing Accounts$270,955$311,828▲ $40,873
Prepaid Expenses and Deferred Charges$31,980$34,935▲ $2,955
Accounts Receivable$2,492$890▼ $1,602
Total Assets$3,070,411$3,061,087▼ $9,324
Other Assets Total$325,424$319,999▼ $5,425
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,704,896$2,663,411▼ $41,485
Accounts Payable and Accrued Expenses$174,239$147,546▼ $26,693
Other Liabilities$44,844$45,209▲ $365
Deferred Revenue$145$848▲ $703
Total Liabilities$2,924,124$2,857,014▼ $67,110
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$146,287$204,073▲ $57,786
Total Net Assets Fund Balance$146,287$204,073▲ $57,786
Total Liabilities and Net Assets / Fund Balance$3,070,411$3,061,087▼ $9,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,276,844$5,301,068$6,577,912
Equipment$92,079$573,913$665,992
Other Land Buildings$167,813$154,185$321,998
Land$149,946-$149,946
Other Assets Org$169,379--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Charlie MannoPresident
Joseph BiasiottaVice President
FRANK D'ONOFIROTrustee
Fr Joseph EddyTrustee
Lori CrowTrustee
Ralph RussoTrustee
Marie FordSecretary
Alicia MazziTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,074,297
Program Service Revenue
$515,529
Investment Income
$3,480
Other Revenue
$21,345
Change in Net Assets
$57,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,614,651
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,614,651
Total Revenue per Form 990
$1,614,651
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,556,865
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$420,095--$420,095
Depreciation Depletion$245,067--$245,067
Interest$144,547--$144,547
Fees for Services Management-$80,228-$80,228
Insurance$52,611--$52,611
Office Expenses$41,855--$41,855
Other Expenses$41,302$10,800-$10,800
Fees for Services Legal$4,660--$4,660
All Other Expenses-$4,333-$4,333
Advertising$375--$375
Total Functional Expenses$1,461,504$95,361$0$1,556,865

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,556,865
Total Expenses per Audited Statements$1,556,865
Total Expenses per Form 990$1,556,865
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)$45,209
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
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
2021-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Manno
Formed
1978
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Todd Fentress CPA
Phone
6145281441
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 2016 remain open.”

Raw XML AppendixShowing 400 of 452 raw XML fields

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

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031980
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034935
IRS990/PrincipalOfficerNm0CHARLIE MANNO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0515529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0515529
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01070089
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06134
IRS990/PYOtherExpensesAmt01665502
IRS990/PYOtherRevenueAmt020159
IRS990/PYProgramServiceRevenueAmt0493230
IRS990/PYRevenuesLessExpensesAmt0-75890
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01665502
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01589612
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt057786
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0536874
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0584370
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0706753
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01074297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01070089
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01063524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01034313
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04242223
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03480
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0950
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0569
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0515529
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0493230
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0469188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0473347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01465083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03416377
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03480
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0950
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0569
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012247
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt021345
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt020159
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt018291
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt019812
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011024
IRS990ScheduleA/OtherIncome509Grp/TotalAmt090631
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98670
IRS990ScheduleA/PublicSupportPY509Pct00.99180
IRS990ScheduleA/PublicSupportTotal509Amt07658600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01589826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01563319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01532712
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01507660
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01465083
IRS990ScheduleA/Total509Grp/TotalAmt07658600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01614651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01589612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01552117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01528422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01476676
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07761478
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/BookValueAmt01276844
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05301068
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06577912
IRS990ScheduleD/EquipmentGrp/BookValueAmt092079
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0573913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0665992
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01556865
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0149946
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0149946
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051332
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt199288
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2169379
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0167813
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0154185
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0321998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS (CONTRA)
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01614651
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 2016 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01686682
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0319999
IRS990ScheduleD/TotalExpensesPerForm990Amt01556865
IRS990ScheduleD/TotalLiabilityAmt045209
IRS990ScheduleD/TotalRevenuePerForm990Amt01614651
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01614651
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01556865
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03070411
IRS990/TotalAssetsEOYAmt03061087
IRS990/TotalAssetsGrp/BOYAmt03070411
IRS990/TotalAssetsGrp/EOYAmt03061087
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01074297
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095361
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01461504
IRS990/TotalFunctionalExpensesGrp/TotalAmt01556865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02924124
IRS990/TotalLiabilitiesEOYAmt02857014
IRS990/TotalLiabilitiesGrp/BOYAmt02924124
IRS990/TotalLiabilitiesGrp/EOYAmt02857014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0146287
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0204073
IRS990/TotalOtherCompensationAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,061,087
Liabilities
$2,857,014
Net assets
$204,073
Revenue
$1,614,651
Expenses
$1,556,865
Net income
$57,786
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