Civic Intelligence

Preferred Properties Inc.

990 • Fiscal year 2015 • EIN 34-1715222

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 24, 2016

5555 Airport Highway No 145Toledo, OH 43615

(419) 244-9609

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

16th percentile

-11%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

44th percentile

$107,878

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

32nd percentile

-2.5%

Faster asset growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

7.7%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$8,569,850

Down $223,272 (-2.5%) from 2014

Net Assets

Down

$8,505,929

Down $214,373 (-2.5%) from 2014

Liabilities

Down

$63,921

Down $8,899 (-12%) from 2014

Revenue

Up

$1,894,869

Up $135,672 (+7.7%) from 2014

Expenses

Up

$2,109,242

Up $651,973 (+45%) from 2014

Net Income

Down

-$214,373

Down $516,301 (-171%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $6,437,407Liabilities 2010: $394,583Net Assets 2010: $6,042,8242010Assets 2011: $7,261,426Liabilities 2011: $282,291Net Assets 2011: $6,979,1352011Assets 2012: $8,476,055Liabilities 2012: $224,069Net Assets 2012: $8,251,9862012Assets 2013: $8,598,394Liabilities 2013: $180,020Net Assets 2013: $8,418,3742013Assets 2014: $8,793,122Liabilities 2014: $72,820Net Assets 2014: $8,720,3022014Assets 2015: $8,569,850Liabilities 2015: $63,921Net Assets 2015: $8,505,9292015Assets 2016: $8,711,918Liabilities 2016: $79,578Net Assets 2016: $8,632,3402016Assets 2017: $8,640,527Liabilities 2017: $89,708Net Assets 2017: $8,550,8192017Assets 2018: $8,955,237Liabilities 2018: $77,422Net Assets 2018: $8,877,8152018Assets 2019: $7,112,119Liabilities 2019: $85,388Net Assets 2019: $7,026,7312019Assets 2020: $7,171,001Liabilities 2020: $96,896Net Assets 2020: $7,074,1052020Assets 2021: $7,535,694Liabilities 2021: $336,049Net Assets 2021: $7,199,6452021Assets 2022: $7,733,847Liabilities 2022: $403,131Net Assets 2022: $7,330,7162022Assets 2023: $7,781,545Liabilities 2023: $455,134Net Assets 2023: $7,326,4112023Assets 2024: $7,685,101Liabilities 2024: $469,019Net Assets 2024: $7,216,0822024

Highlighted filing

2015

Assets$8,569,850
Liabilities$63,921
Net Assets$8,505,929

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,030,1402010Expenses 2011: $1,325,6862011Expenses 2012: $1,331,0532012Expenses 2013: $1,393,9932013Revenue 2014: $1,759,197Expenses 2014: $1,457,269Net Income 2014: $301,9282014Revenue 2015: $1,894,869Expenses 2015: $2,109,242Net Income 2015: -$214,3732015Revenue 2016: $1,385,398Expenses 2016: $1,258,987Net Income 2016: $126,4112016Revenue 2017: $1,287,799Expenses 2017: $1,318,983Net Income 2017: -$31,1842017Revenue 2018: $1,657,100Expenses 2018: $1,330,104Net Income 2018: $326,9962018Revenue 2019: $1,587,869Expenses 2019: $2,157,708Net Income 2019: -$569,8392019Revenue 2020: $1,329,801Expenses 2020: $1,282,427Net Income 2020: $47,3742020Revenue 2021: $1,351,987Expenses 2021: $1,226,447Net Income 2021: $125,5402021Revenue 2022: $1,320,983Expenses 2022: $1,189,912Net Income 2022: $131,0712022Revenue 2023: $1,180,774Expenses 2023: $1,185,079Net Income 2023: -$4,3052023Revenue 2024: $1,175,700Expenses 2024: $1,286,029Net Income 2024: -$110,3292024

Highlighted filing

2015

Revenue$1,894,869
Expenses$2,109,242
Net Income-$214,373
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 24, 2016
Return Version
2014v6.0
Gross Receipts
$1,894,869
Mission and Program Overview

Mission

The mission of preferred properties is to create and manage affordable and accessible housing for persons with disabilities, seniors, and others in need that will facilitate their choice of community.

Providing affordable and accessible housing for persons with disabilities and others in need

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$5,387,751$5,340,795▼ $46,956
Land, Buildings, and Equipment, Net$2,783,182$2,668,540▼ $114,642
Savings and Temporary Cash Investments$241,098$345,040▲ $103,942
Pledges and Grants Receivable$274,620$0▼ $274,620
Accounts Receivable$96,939$178,236▲ $81,297
Prepaid Expenses and Deferred Charges$1,415$29,132▲ $27,717
Cash and Non-Interest-Bearing Accounts$1,189$1,179▼ $10
Total Assets$8,793,122$8,569,850▼ $223,272
Other Assets Total$6,928$6,928→ $0
Liabilities
Accounts Payable and Accrued Expenses$40,048$36,200▼ $3,848
Other Liabilities$22,182$24,451▲ $2,269
Escrow Account Liability$10,590$3,270▼ $7,320
Total Liabilities$72,820$63,921▼ $8,899
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,436,169$4,392,208▼ $43,961
Unrestricted Net Assets$4,184,133$4,013,721▼ $170,412
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$8,720,302$8,505,929▼ $214,373
Total Liabilities and Net Assets / Fund Balance$8,793,122$8,569,850▼ $223,272

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,031,158$2,453,170$4,484,328
Land$625,611-$546,040
Equipment$9,995$125,409$135,404
Other Land Buildings$1,776$52,827$54,603
Investment Program Related Org$5,340,795--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yvonda BeanExecutive DirectorPT$70,190$37,688$107,878

Board Members and Trustees

NameTitle
CHARLOTTE O'NEILChair
Tony PisanoVice Chair
Abel Herrera JrTrustee
Chris VogelpohlTrustee
Doug FletcherTrustee
John RootTrustee
Julia BryantTrustee
Matt BlackTrustee
Tiffany ZinnTrustee
Jon ElstonSecretary
John NolanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$910,898
Program Service Revenue
$772,315
Investment Income
$203,551
Other Revenue
$8,105
Change in Net Assets
$-214,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,894,869
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,894,869
Total Revenue per Form 990
$1,894,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$837,604
Salaries, Compensation, and Employee Benefits$807,250
Grants and Similar Amounts Paid$464,388
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$385,962$96,490-$482,452
Grants to Domestic Orgs$464,388--$464,388
Occupancy$213,873$21,564-$235,437
Depreciation Depletion$184,593$342-$184,935
Other Employee Benefits$115,719$30,760-$146,479
Current Officers, Directors, Trustees, and Key Employees$87,959$22,321-$110,280
Office Expenses$49,179$6,985-$56,164
Payroll Taxes$37,023$9,842-$46,865
Travel$24,981$1,273-$26,254
Pension Plan Contributions$16,728$4,446-$21,174
Fees for Services Accounting-$16,544-$16,544
Fees for Services Other$8,348$2,087-$10,435
Insurance$3,906$121-$4,027
Other Expenses$1,854$389-$2,243
Advertising$1,114$279-$1,393
Conferences and Meetings$1,374--$1,374
Total Functional Expenses$1,628,599$480,643$0$2,109,242

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,109,242
Total Expenses per Audited Statements$2,109,242
Total Expenses per Form 990$2,109,242
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bridge Point Senior VilliageToledo, OH501(c)(3)Housing for the Elderly$464,388
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
Deposits$24,451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have committees of the governing body with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

Preferred properties, inc. Provided the governing body with a copy of the organization's form 990 for review and comments before filing.

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

Preferred properties, inc. Regularly and consistently monitors and enforces compliance with its conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

Preferred properties, inc. Board reviews and approves compensation for yvonda bean, the executive director. Yvonda bean reviews and approves compensation for all other officers and key employees. On an annual basis, comparability data and contemporaneous substantiation are used in the decision process.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Preferred Properties Inc
EIN
34-1715222
Phone
4192449609
Address
5555 AIRPORT HIGHWAY NO 145, TOLEDO, OH 43615

Signing Officer

Name
Yvonda Bean
Title
Executive Director
Phone
4192449609
Signed
2016-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yvonda Bean
Formed
1992
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
13
Volunteers
12

Preparer

Firm
Gilmore Jasion Mahler Ltd
Address
1715 INDIAN WOOD CIRCLE STE 100, MAUMEE, OH 43537
Preparer
Heidi Ferguson
Phone
4197942000
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Preferred properties, inc. Is an agent for funds given by the city of toledo to autumn wood ii.

PART X, LINE 2:

Management of the organization is required to determine whether a tax position of the organization is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Management of the organization is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. However, management's conclusions may be subject to review and adjustment at a later date based on factors including, but not limited to, new tax laws, regulations, and administrative interpretations (including relevant court decisions). The organization's federal tax returns for the prior three fiscal years remain subject to examination by the internal revenue service.

Raw XML AppendixShowing 400 of 759 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040048
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036200
IRS990/AccountsReceivableGrp/BOYAmt096939
IRS990/AccountsReceivableGrp/EOYAmt0178236
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING AFFORDABLE AND ACCESSIBLE HOUSING FOR PERSONS WITH DISABILITIES AND OTHERS IN NEED
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0279
IRS990/AdvertisingGrp/ProgramServicesAmt01114
IRS990/AdvertisingGrp/TotalAmt01393
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YVONDA BEAN
IRS990/BooksInCareOfDetail/PhoneNum04192449609
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05555 AIRPORT HIGHWAY SUITE 145
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOLEDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043615
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01189
IRS990/CashNonInterestBearingGrp/EOYAmt01179
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022321
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt087959
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0110280
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01374
IRS990/ConferencesMeetingsGrp/TotalAmt01374
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0910898
IRS990/CYGrantsAndSimilarPaidAmt0464388
IRS990/CYInvestmentIncomeAmt0203551
IRS990/CYOtherExpensesAmt0837604
IRS990/CYOtherRevenueAmt08105
IRS990/CYProgramServiceRevenueAmt0772315
IRS990/CYRevenuesLessExpensesAmt0-214373
IRS990/CYSalariesCompEmpBnftPaidAmt0807250
IRS990/CYTotalExpensesAmt02109242
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01894869
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0342
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0184593
IRS990/DepreciationDepletionGrp/TotalAmt0184935
IRS990/Desc0PROVIDE AFFORDABLE HOUSING TO PERSONS WITH DISABILITIES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt010590
IRS990/EscrowAccountLiabilityGrp/EOYAmt03270
IRS990/ExpenseAmt01628599
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016544
IRS990/FeesForServicesAccountingGrp/TotalAmt016544
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02087
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08348
IRS990/FeesForServicesOtherGrp/TotalAmt010435
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/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt116.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1134.00
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1125304
IRS990/Form990PartVIISectionAGrp/PersonNm0JULIA BRYANT
IRS990/Form990PartVIISectionAGrp/PersonNm1ABEL HERRERA JR
IRS990/Form990PartVIISectionAGrp/PersonNm2TONY PISANO
IRS990/Form990PartVIISectionAGrp/PersonNm3DOUG FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm4JON ELSTON
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN NOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MATT BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN ROOT
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLOTTE O'NEIL
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRIS VOGELPOHL
IRS990/Form990PartVIISectionAGrp/PersonNm10TIFFANY ZINN
IRS990/Form990PartVIISectionAGrp/PersonNm11YVONDA BEAN
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1170190
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1112384
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0910898
IRS990/GrantAmt0464388
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0464388
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0464388
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01894869
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0121
IRS990/InsuranceGrp/ProgramServicesAmt03906
IRS990/InsuranceGrp/TotalAmt04027
IRS990/InvestmentIncomeGrp/ExclusionAmt0507
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0203044
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0203551
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05387751
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05340795
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02631406
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02783182
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02668540
IRS990/LandBldgEquipCostOrOtherBssAmt05299946
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt07269
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt07269
IRS990/MissionDesc0THE MISSION OF PREFERRED PROPERTIES IS TO CREATE AND MANAGE AFFORDABLE AND ACCESSIBLE HOUSING FOR PERSONS WITH DISABILITIES, SENIORS, AND OTHERS IN NEED THAT WILL FACILITATE THEIR CHOICE OF COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08720302
IRS990/NetAssetsOrFundBalancesEOYAmt08505929
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021564
IRS990/OccupancyGrp/ProgramServicesAmt0213873
IRS990/OccupancyGrp/TotalAmt0235437
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06985
IRS990/OfficeExpensesGrp/ProgramServicesAmt049179
IRS990/OfficeExpensesGrp/TotalAmt056164
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06928
IRS990/OtherAssetsTotalGrp/EOYAmt06928
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030760
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0115719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0146479
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0267000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2389
IRS990/OtherExpensesGrp/ProgramServicesAmt020705
IRS990/OtherExpensesGrp/ProgramServicesAmt110893
IRS990/OtherExpensesGrp/ProgramServicesAmt21854
IRS990/OtherExpensesGrp/TotalAmt0267000
IRS990/OtherExpensesGrp/TotalAmt120905
IRS990/OtherExpensesGrp/TotalAmt210893
IRS990/OtherExpensesGrp/TotalAmt32243
IRS990/OtherLiabilitiesGrp/BOYAmt022182
IRS990/OtherLiabilitiesGrp/EOYAmt024451
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS TENANT R
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0836
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0836
IRS990/OtherRevenueTotalAmt08105
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt096490
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0385962
IRS990/OtherSalariesAndWagesGrp/TotalAmt0482452
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09842
IRS990/PayrollTaxesGrp/ProgramServicesAmt037023
IRS990/PayrollTaxesGrp/TotalAmt046865
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04446
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016728
IRS990/PensionPlanContributionsGrp/TotalAmt021174
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0100000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0100000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0274620
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01415
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029132
IRS990/PrincipalOfficerNm0YVONDA BEAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPMENT FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0346046
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1325712
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2100557
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0346046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1325712
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2100557
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0872537
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt085612
IRS990/PYInvestmentIncomeAmt0217619
IRS990/PYOtherExpensesAmt0563872
IRS990/PYOtherRevenueAmt08021
IRS990/PYProgramServiceRevenueAmt0661020
IRS990/PYRevenuesLessExpensesAmt0301928
IRS990/PYSalariesCompEmpBnftPaidAmt0807785
IRS990/PYTotalExpensesAmt01457269
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01759197
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-214373
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0976195
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0241098
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0345040
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TENANT REV MISC INC - 2010 AMOUNT: $ 8,889. 2011 AMOUNT: $ 6,866. 2012 AMOUNT: $ 6,971. 2013 AMOUNT: $ 8,021. 2014 AMOUNT: $ 8,105.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0910898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0872537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0606147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01423654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01436776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05250012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0203551
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0195739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0187714
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0171358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0118202
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0876564
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03929040
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08105
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08021
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06971
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06866
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08889
IRS990ScheduleA/OtherIncome170Grp/TotalAmt038852
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85150
IRS990ScheduleA/PublicSupportPY170Pct00.89100
IRS990ScheduleA/PublicSupportTotal170Amt05250012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0910898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0872537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0606147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01423654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01436776
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05250012
IRS990ScheduleA/TotalSupportAmt06165428
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02031158
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02453170
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04484328
IRS990ScheduleD/EquipmentGrp/BookValueAmt09995
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0125409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0135404
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02109242
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05340795
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS - PROGRAM RELATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0625611
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt079571
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0546040

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.69$0.47$7.22$1.18$1.29$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.78$0.46$7.33$1.18$1.19$0.00
2022Detailed filing. Detailed filing data is available for this year.$7.73$0.40$7.33$1.32$1.19$0.13
2021Detailed filing. Detailed filing data is available for this year.$7.54$0.34$7.20$1.35$1.23$0.13
2020Detailed filing. Detailed filing data is available for this year.$7.17$0.10$7.07$1.33$1.28$0.05
2019Detailed filing. Detailed filing data is available for this year.$7.11$0.09$7.03$1.59$2.16$0.57
2018Detailed filing. Detailed filing data is available for this year.$8.96$0.08$8.88$1.66$1.33$0.33
2017Detailed filing. Detailed filing data is available for this year.$8.64$0.09$8.55$1.29$1.32$0.03
2016Detailed filing. Detailed filing data is available for this year.$8.71$0.08$8.63$1.39$1.26$0.13
2015Detailed filing. Detailed filing data is available for this year.$8.57$0.06$8.51$1.89$2.11$0.21
2014Detailed filing. Detailed filing data is available for this year.$8.79$0.07$8.72$1.76$1.46$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.60$0.18$8.42$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$0.22$8.25$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$0.28$6.98$1.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.44$0.39$6.04$2.03