Civic Intelligence

Ottawa River Estates Inc.

990 • Fiscal year 2017 • EIN 34-1852898

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 20, 2018

Organization ProfileN/A
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

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.17x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$69,547

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 69.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

30th percentile

-2.0%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-0.4%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$1,750,541

Down $36,279 (-2.0%) from 2016

Net Assets

Down

$1,733,863

Down $39,096 (-2.2%) from 2016

Liabilities

Up

$16,678

Up $2,817 (+20%) from 2016

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin8th percentile

Revenue

Down

$100,742

Down $410 (-0.4%) from 2016

Expenses

Up

$139,838

Up $5,577 (+4.2%) from 2016

Net Income

Down

-$39,096

Down $5,987 (-18%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,047,857Liabilities 2010: $34,589Net Assets 2010: $2,013,2682010Assets 2011: $2,003,633Liabilities 2011: $19,440Net Assets 2011: $1,984,1932011Assets 2012: $1,956,766Liabilities 2012: $12,574Net Assets 2012: $1,944,1922012Assets 2013: $1,915,216Liabilities 2013: $18,478Net Assets 2013: $1,896,7382013Assets 2014: $1,865,301Liabilities 2014: $14,934Net Assets 2014: $1,850,3672014Assets 2015: $1,823,972Liabilities 2015: $17,904Net Assets 2015: $1,806,0682015Assets 2016: $1,786,820Liabilities 2016: $13,861Net Assets 2016: $1,772,9592016Assets 2017: $1,750,541Liabilities 2017: $16,678Net Assets 2017: $1,733,8632017Assets 2018: $1,703,842Liabilities 2018: $16,763Net Assets 2018: $1,687,0792018Assets 2019: $1,652,147Liabilities 2019: $15,057Net Assets 2019: $1,637,0902019Assets 2020: $1,619,492Liabilities 2020: $22,341Net Assets 2020: $1,597,1512020Assets 2021: $1,586,172Liabilities 2021: $19,876Net Assets 2021: $1,566,2962021Assets 2022: $1,538,332Liabilities 2022: $15,302Net Assets 2022: $1,523,0302022Assets 2023: $1,478,652Liabilities 2023: $11,912Net Assets 2023: $1,466,7402023Assets 2024: $1,464,955Liabilities 2024: $22,379Net Assets 2024: $1,442,5762024

Highlighted filing

2017

Assets$1,750,541
Liabilities$16,678
Net Assets$1,733,863
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

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

$200K$100K$0-$100KExpenses 2010: $125,0672010Expenses 2011: $128,6262011Expenses 2012: $131,5492012Expenses 2013: $143,6022013Revenue 2014: $99,863Expenses 2014: $146,234Net Income 2014: -$46,3712014Revenue 2015: $100,756Expenses 2015: $145,055Net Income 2015: -$44,2992015Revenue 2016: $101,152Expenses 2016: $134,261Net Income 2016: -$33,1092016Revenue 2017: $100,742Expenses 2017: $139,838Net Income 2017: -$39,0962017Revenue 2018: $98,590Expenses 2018: $145,374Net Income 2018: -$46,7842018Revenue 2019: $101,692Expenses 2019: $151,681Net Income 2019: -$49,9892019Revenue 2020: $104,472Expenses 2020: $144,411Net Income 2020: -$39,9392020Revenue 2021: $114,790Expenses 2021: $145,645Net Income 2021: -$30,8552021Revenue 2022: $114,433Expenses 2022: $157,699Net Income 2022: -$43,2662022Revenue 2023: $107,271Expenses 2023: $163,561Net Income 2023: -$56,2902023Revenue 2024: $151,844Expenses 2024: $176,008Net Income 2024: -$24,1642024

Highlighted filing

2017

Revenue$100,742
Expenses$139,838
Net Income-$39,096
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 20, 2018
Return Version
2016v3.0
Gross Receipts
$100,742
Mission and Program Overview

Mission

Provided living facilities for persons with physical and mental disabilities

Housing for persons with disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,725,797$1,679,776▼ $46,021
Savings and Temporary Cash Investments$50,539$58,972▲ $8,433
Pledges and Grants Receivable$4,632$4,731▲ $99
Cash and Non-Interest-Bearing Accounts$2,457$3,298▲ $841
Accounts Receivable$16$327▲ $311
Total Assets$1,786,820$1,750,541▼ $36,279
Other Assets Total$3,379$3,437▲ $58
Liabilities
Accounts Payable and Accrued Expenses$5,567$8,278▲ $2,711
Deferred Revenue$4,642$4,734▲ $92
Other Liabilities$3,652$3,666▲ $14
Total Liabilities$13,861$16,678▲ $2,817
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,167,458$2,167,458→ $0
Unrestricted Net Assets$-394,499$-433,595▼ $39,096
Total Net Assets Fund Balance$1,772,959$1,733,863▼ $39,096
Total Liabilities and Net Assets / Fund Balance$1,786,820$1,750,541▼ $36,279

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,460,186$543,598$2,003,784
Land$216,000-$216,000
Equipment$3,590$718$4,308
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleBaseOtherTotal
Yvonda BeanExecutive Director - Former$1,299$68,248$69,547
Kendra SmithExecutive Director$288$11,981$12,269

Board Members and Trustees

NameTitle
john nolanChair
Julia BryantVice Chair
Abel Herrera JrTRustee
Chris Vogelpohltrustee
Connie Farelltrustee
Crystal Dixontrustee
lawrence mooretrustee
veronica rosstrustee
jon elstonSecretary
Matt BlackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,343
Program Service Revenue
$45,231
Investment Income
$33
Other Revenue
$135
Change in Net Assets
$-39,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$100,742
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$100,742
Total Revenue per Form 990
$100,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,958
Salaries, Compensation, and Employee Benefits$5,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$56,756--$56,756
Depreciation Depletion$50,898--$50,898
Office Expenses$5,965$3,023-$8,988
Fees for Services Management$8,232--$8,232
Fees for Services Accounting-$7,746-$7,746
Other Salaries and Wages-$5,880-$5,880
All Other Expenses$79$808-$887
Advertising-$277-$277
Conferences and Meetings-$174-$174
Total Functional Expenses$121,930$17,908$0$139,838

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$139,838
Total Expenses per Audited Statements$139,838
Total Expenses per Form 990$139,838
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$3,437
Related Party Accounts Payable$171
Accrued management fee payable$58
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Preferred Properties, Inc. is the organization's sponsor and as such provides management services to the organization.”

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 11B

“the organization's form 990 was provided to the board of directors for review before filing.”

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

“Ottawa River Estates regularly and consistently monitors and enforces compliance with its conflict of interest policy.”

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

“Ottawa River Estates board reviews and approves compensation for the executive director. On an annual basis, comparability data and contemporaneous substantiation are used in the decision process. There are no other officers or employees compensated by the organization.”

Form 990, Part VI, Section C, line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request either at the office or by going to Preferred Properties Inc. website (www.preferred-properties.org).”

Filing and Contact Details

Filer

Filer Name
Ottawa River Estates
EIN
34-1852898
Phone
4192449609
Address
5555 AIRPORT HIGHWAY No 145, TOLEDO, OH 43615

Signing Officer

Name
Kendra Smith
Title
executive director
Phone
4192449609
Signed
2018-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kendra Smith
Formed
1997
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
9

Preparer

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

Additional Explanations

Form 990, Part XII, Line 2C:

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

Part X, Line 2:

“Management of Ottawa River Estates, Inc. is required to determine whether a tax position of Ottawa River Estates, Inc. 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 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). Ottawa River Estates, Inc.'s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.”

Raw XML AppendixShowing 400 of 631 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/OfficeExpensesGrp/ProgramServicesAmt05965
IRS990/OfficeExpensesGrp/TotalAmt08988
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03379
IRS990/OtherAssetsTotalGrp/EOYAmt03437
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt03652
IRS990/OtherLiabilitiesGrp/EOYAmt03666
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0Tenant Charges
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0135
IRS990/OtherRevenueTotalAmt0135
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05880
IRS990/OtherSalariesAndWagesGrp/TotalAmt05880
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04632
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04731
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kendra Smith
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045231
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045231
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt055969
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013
IRS990/PYOtherExpensesAmt0129761
IRS990/PYOtherRevenueAmt075
IRS990/PYProgramServiceRevenueAmt045095
IRS990/PYRevenuesLessExpensesAmt0-33109
IRS990/PYSalariesCompEmpBnftPaidAmt04500
IRS990/PYTotalExpensesAmt0134261
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0101152
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-39096
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt045366
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050539
IRS990/SavingsAndTempCashInvstGrp/EOYAmt058972
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS Tenant Charges - 2012 Amount: $ 183. 2013 Amount: $ 93. 2014 Amount: $ 35. 2015 Amount: $ 75. 2016 Amount: $ 135.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt055969
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0264258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt067
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0233815
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0135
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt093
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0183
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0521
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99780
IRS990ScheduleA/PublicSupportPY170Pct00.99820
IRS990ScheduleA/PublicSupportTotal170Amt0264258
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt055969
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049948
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264258
IRS990ScheduleA/TotalSupportAmt0264846
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/BookValueAmt01460186
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0543598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02003784
IRS990ScheduleD/EquipmentGrp/BookValueAmt03590
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0718
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04308
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0139838
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0216000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0216000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1171
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Related Party Accounts Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accrued management fee payable
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0100742
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management of Ottawa River Estates, Inc. is required to determine whether a tax position of Ottawa River Estates, Inc. 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 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). Ottawa River Estates, Inc.'s federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01679776
IRS990ScheduleD/TotalExpensesPerForm990Amt0139838
IRS990ScheduleD/TotalLiabilityAmt03666
IRS990ScheduleD/TotalRevenuePerForm990Amt0100742
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0100742
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0139838
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Preferred Properties, Inc. is the organization's sponsor and as such provides management services to the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not have committees of the governing body with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the organization's form 990 was provided to the board of directors for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Ottawa River Estates regularly and consistently monitors and enforces compliance with its conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Ottawa River Estates board reviews and approves compensation for the executive director. On an annual basis, comparability data and contemporaneous substantiation are used in the decision process. There are no other officers or employees compensated by the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization's governing documents, conflict of interest policy, and financial statements are available upon request either at the office or by going to Preferred Properties Inc. website (www.preferred-properties.org).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0431970140
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1571159271
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2383594017
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3263319169
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN4272500443
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN5273738022

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,750,541
Liabilities
$16,678
Net assets
$1,733,863
Revenue
$100,742
Expenses
$139,838
Net income
-$39,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.44$0.15$0.18$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.47$0.11$0.16$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.02$1.52$0.11$0.16$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.02$1.57$0.11$0.15$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.02$1.60$0.10$0.14$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.02$1.64$0.10$0.15$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.02$1.69$0.10$0.15$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.75$0.02$1.73$0.10$0.14$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.77$0.10$0.13$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.82$0.02$1.81$0.10$0.15$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.01$1.85$0.10$0.15$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.02$1.90$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.01$1.94$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.02$1.98$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.03$2.01$0.13