Civic Intelligence

Venable Apartments II Inc.

990 • Fiscal year 2018 • EIN 34-1994111

May 01, 2017 to Apr 30, 2018 • Filed on Mar 15, 2019

1010 E 33rd StreetBaltimore, MD 21218

(410) 433-2442

Siviq Scores

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

Liabilities / Assets

96th percentile

1.38x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

11.31x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

9th percentile

-35%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

77th percentile

$121,772

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

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

Asset Growth

27th percentile

-4.1%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

35th percentile

-1.4%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Down

$4,690,230

Down $199,606 (-4.1%) from 2017

Net Assets

Down

-$1,786,459

Down $200,210 (-13%) from 2017

Liabilities

Up

$6,476,689

Up $604 (+0.0%) from 2017

Revenue

Down

$572,592

Down $7,979 (-1.4%) from 2017

Expenses

Up

$772,802

Up $41,210 (+5.6%) from 2017

Net Income

Down

-$200,210

Down $49,189 (-33%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $5,719,202Liabilities 2011: $6,443,714Net Assets 2011: -$724,5122011Assets 2012: $5,507,127Liabilities 2012: $6,420,133Net Assets 2012: -$913,0062012Assets 2013: $5,372,841Liabilities 2013: $6,419,075Net Assets 2013: -$1,046,2342013Assets 2014: $5,335,691Liabilities 2014: $6,447,134Net Assets 2014: -$1,111,4432014Assets 2015: $5,178,038Liabilities 2015: $6,407,028Net Assets 2015: -$1,228,9902015Assets 2016: $5,026,134Liabilities 2016: $6,461,362Net Assets 2016: -$1,435,2282016Assets 2017: $4,889,836Liabilities 2017: $6,476,085Net Assets 2017: -$1,586,2492017Assets 2018: $4,690,230Liabilities 2018: $6,476,689Net Assets 2018: -$1,786,4592018Assets 2019: $4,686,743Liabilities 2019: $6,652,783Net Assets 2019: -$1,966,0402019Assets 2020: $4,423,746Liabilities 2020: $6,623,491Net Assets 2020: -$2,199,7452020Assets 2021: $4,277,424Liabilities 2021: $6,566,488Net Assets 2021: -$2,289,0642021Assets 2022: $4,090,959Liabilities 2022: $6,555,360Net Assets 2022: -$2,464,4012022Assets 2023: $3,961,948Liabilities 2023: $6,535,728Net Assets 2023: -$2,573,7802023Assets 2024: $3,896,488Liabilities 2024: $6,585,665Net Assets 2024: -$2,689,1772024Assets 2025: $3,858,909Liabilities 2025: $6,606,832Net Assets 2025: -$2,747,9232025

Highlighted filing

2018

Assets$4,690,230
Liabilities$6,476,689
Net Assets-$1,786,459

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $773,6252011Expenses 2012: $704,2052012Expenses 2013: $649,7262013Revenue 2014: $598,318Expenses 2014: $663,527Net Income 2014: -$65,2092014Revenue 2015: $556,510Expenses 2015: $674,057Net Income 2015: -$117,5472015Revenue 2016: $582,789Expenses 2016: $734,777Net Income 2016: -$151,9882016Revenue 2017: $580,571Expenses 2017: $731,592Net Income 2017: -$151,0212017Revenue 2018: $572,592Expenses 2018: $772,802Net Income 2018: -$200,2102018Revenue 2019: $567,400Expenses 2019: $746,981Net Income 2019: -$179,5812019Revenue 2020: $597,839Expenses 2020: $831,544Net Income 2020: -$233,7052020Revenue 2021: $683,025Expenses 2021: $772,344Net Income 2021: -$89,3192021Revenue 2022: $638,545Expenses 2022: $813,882Net Income 2022: -$175,3372022Revenue 2023: $769,575Expenses 2023: $878,954Net Income 2023: -$109,3792023Revenue 2024: $810,708Expenses 2024: $926,105Net Income 2024: -$115,3972024Revenue 2025: $824,245Expenses 2025: $882,991Net Income 2025: -$58,7462025

Highlighted filing

2018

Revenue$572,592
Expenses$772,802
Net Income-$200,210
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Mar 15, 2019
Return Version
2017v2.3
Gross Receipts
$572,592
Mission and Program Overview

Mission

To provide affordable housing to the elderly under section 202 of the national housing act.

To provide affordable housing to the elderly under section 202 of the national housing act of 1959.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,647,110$4,480,316▼ $166,794
Prepaid Expenses and Deferred Charges$27,909$26,374▼ $1,535
Accounts Receivable$12,993$12,878▼ $115
Cash and Non-Interest-Bearing Accounts$40,843$1,417▼ $39,426
Total Assets$4,889,836$4,690,230▼ $199,606
Other Assets Total$160,981$169,245▲ $8,264
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,329,600$6,329,600→ $0
Accounts Payable and Accrued Expenses$113,726$109,785▼ $3,941
Escrow Account Liability$27,588$27,239▼ $349
Other Liabilities$4,108$8,949▲ $4,841
Deferred Revenue$1,063$1,116▲ $53
Total Liabilities$6,476,085$6,476,689▲ $604
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,000$10,000→ $0
Unrestricted Net Assets$-1,596,249$-1,796,459▼ $200,210
Total Net Assets Fund Balance$-1,586,249$-1,786,459▼ $200,210
Total Liabilities and Net Assets / Fund Balance$4,889,836$4,690,230▼ $199,606

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,479,326$1,838,222-
Other Land Buildings$581$143,765-
Land$1--
Equipment$408$18,378-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Nichole BattleSecretaryPT$121,772$121,772
Ted GrossBoard MemberPT$87,966$87,966

Board Members and Trustees

NameTitle
Thomas MonahanPresident Starting 4/1/18
Perry P SavoyPresident Until 3/31/18
Andrea Garris-jacksonVice President
Zinnaeah JohnsonVice President
Michael SonnenfeldBoard Member
Michael MaxwellTreasurer Starting 4/1/18
Pam PasqualiniTreasurer Until 3/31/18
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$564,907
Investment Income
$92
Other Revenue
$7,593
Change in Net Assets
$-200,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$572,592
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$572,592
Total Revenue per Form 990
$572,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$772,802
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
Depreciation Depletion$166,794--$166,794
Occupancy$144,089--$144,089
Fees for Services Management-$42,912-$42,912
Office Expenses-$16,943-$16,943
Fees for Services Accounting$3,408$7,952-$11,360
Other Expenses$2,295$1,451-$3,746
Information Technology-$3,479-$3,479
Travel$1,545$368-$1,913
Advertising-$1,521-$1,521
Fees for Services Legal-$1,443-$1,443
Interest$350--$350
Total Functional Expenses$696,733$76,069$0$772,802

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$772,802
Total Expenses per Audited Statements$772,802
Total Expenses per Form 990$772,802
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
Due to Sponsor$8,949
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The entity is managed by habitat america, llc, pursuant to a management agreement approved by hud. The fee is calculated as 7.6% of gross collections. Management fees totaling $42,912 were incurred during fiscal year 2018.

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

There were no board meetings held during the fiscal year.

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

No committees were appointed during the fiscal year.

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

The board is provided with a complete copy of the return prior to filing with the irs. No further review is conducted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request. Additionally, the financial statements are filed with the omb under the a-133 provisions.

Filing and Contact Details

Filer

Filer Name
Venable Apartments Ii Inc
EIN
34-1994111
Phone
4104332442
Address
1010 E 33RD STREET, BALTIMORE, MD 21218

Signing Officer

Name
Nichole Battle
Title
Secretary
Phone
4104332442
Signed
2019-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Garris-jackson
Formed
2004
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
9

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The corporation holds tenant security deposits as required by federal and state law.

PART X, LINE 2:

The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to april 30, 2015.

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IRS990/Desc0VENABLE APARTMENTS II, INC. (THE "ENTITY") IS A MARYLAND CORPORATION ORGANIZED IN MARCH 2004 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY, WHICH CONSIST OF 73 UNITS. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
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IRS990/OtherLiabilitiesGrp/EOYAmt08949
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2VENDOR COMMISSIONS
IRS990/OtherRevenueMiscGrp/ExclusionAmt05412
IRS990/OtherRevenueMiscGrp/ExclusionAmt11186
IRS990/OtherRevenueMiscGrp/ExclusionAmt2995
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05412
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11186
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2995
IRS990/OtherRevenueTotalAmt07593
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027909
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026374
IRS990/PrincipalOfficerNm0ANDREA GARRIS-JACKSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0564907
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0564907
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt088
IRS990/PYOtherExpensesAmt0731592
IRS990/PYOtherRevenueAmt07446
IRS990/PYProgramServiceRevenueAmt0573037
IRS990/PYRevenuesLessExpensesAmt0-151021
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0731592
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0580571
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-200210
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0564907
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING - 2014 AMOUNT: $ 6,124. 2015 AMOUNT: $ 5,249. 2016 AMOUNT: $ 6,159. 2017 AMOUNT: $ 5,412. VENDOR COMMISSIONS - 2014 AMOUNT: $ 1,660. 2015 AMOUNT: $ 1,422. 2016 AMOUNT: $ 1,225. 2017 AMOUNT: $ 995. OTHER TENANT CHARGES - 2014 AMOUNT: $ 122. 2015 AMOUNT: $ 263. 2016 AMOUNT: $ 62. 2017 AMOUNT: $ 1,186.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt076500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt076500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0310
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0688
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0564907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0573037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0575766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0548495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0521508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02783713
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0688
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07593
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07446
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06934
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07906
IRS990ScheduleA/OtherIncome509Grp/TotalAmt029879
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98940
IRS990ScheduleA/PublicSupportPY509Pct00.99180
IRS990ScheduleA/PublicSupportTotal509Amt02860213
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0564907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0573037
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0575766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0548495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0598008
IRS990ScheduleA/Total509Grp/TotalAmt02860213
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0572592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0580571
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0582789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0556510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0598318
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02890780
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04479326
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01838222
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06317548
IRS990ScheduleD/EquipmentGrp/BookValueAmt0408
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018378
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt018786
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0772802
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0581
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0143765
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0144346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0572592
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HOLDS TENANT SECURITY DEPOSITS AS REQUIRED BY FEDERAL AND STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO APRIL 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04480316
IRS990ScheduleD/TotalExpensesPerForm990Amt0772802
IRS990ScheduleD/TotalLiabilityAmt08949
IRS990ScheduleD/TotalRevenuePerForm990Amt0572592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0572592
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0772802
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY IS MANAGED BY HABITAT AMERICA, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS CALCULATED AS 7.6% OF GROSS COLLECTIONS. MANAGEMENT FEES TOTALING $42,912 WERE INCURRED DURING FISCAL YEAR 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO BOARD MEETINGS HELD DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMMITTEES WERE APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE RETURN PRIOR TO FILING WITH THE IRS. NO FURTHER REVIEW IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FINANCIAL STATEMENTS ARE FILED WITH THE OMB UNDER THE A-133 PROVISIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0GOVANS ECUMENICAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1GOVANS ECUMENICAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0521389682
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1455161041
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDE AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES TO STABILIZE NEIGHBORHOODS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GOVANS ECUMENICAL HOMES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1GEDCO HOMES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01010 E 33RD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11010 E 33RD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BALTIMORE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1BALTIMORE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd021218

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.86$6.61$2.75$0.82$0.88$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.90$6.59$2.69$0.81$0.93$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.96$6.54$2.57$0.77$0.88$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.09$6.56$2.46$0.64$0.81$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$6.57$2.29$0.68$0.77$0.09
2020Detailed filing. Detailed filing data is available for this year.$4.42$6.62$2.20$0.60$0.83$0.23
2019Detailed filing. Detailed filing data is available for this year.$4.69$6.65$1.97$0.57$0.75$0.18
2018Detailed filing. Detailed filing data is available for this year.$4.69$6.48$1.79$0.57$0.77$0.20
2017Detailed filing. Detailed filing data is available for this year.$4.89$6.48$1.59$0.58$0.73$0.15
2016Detailed filing. Detailed filing data is available for this year.$5.03$6.46$1.44$0.58$0.73$0.15
2015Detailed filing. Detailed filing data is available for this year.$5.18$6.41$1.23$0.56$0.67$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.34$6.45$1.11$0.60$0.66$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$6.42$1.05$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$6.42$0.91$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$6.44$0.72$0.77