Civic Intelligence

Maryvale Inc

EIN 35-1431573 • 501(c)3 • Terre Haute, IN

Profile

Maryvale, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of indiana. The corporation was formed for the purpose of operating a 148 unit apartment project for the elderly, handicapped and low income persons located in st mary of the woods, indiana. The project is financed with a mortgage that is insured by the department of housing and urban development pursuant to section 223(f) of the national housing act and is, therefore, regulated by hud with respect to rental charges and operating methods. The corporation has also entered into a housing assistance payment contract with hud. The hap contract is a rent assistance program for low income families (or persons) as provided by section 8 of the national housing act.

711 Ohio StreetTerre Haute, IN 47807

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.48x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.86x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

6.9%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,377,624

Up $507,997 (+27%) from 2022

Liabilities

Up

$3,527,871

Up $181,090 (+5.4%) from 2022

Net Assets

Up

-$1,150,247

Up $326,907 (+22%) from 2022

Revenue

Up

$1,233,321

Up $153,698 (+14%) from 2022

Expenses

Up

$1,068,613

Up $119,813 (+13%) from 2022

Net Income

Up

$164,708

Up $33,885 (+26%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $1,925,715Liabilities 2012: $4,092,744Net Assets 2012: -$2,167,0292012Assets 2013: $1,855,159Liabilities 2013: $3,995,890Net Assets 2013: -$2,140,7312013Assets 2014: $1,839,845Liabilities 2014: $3,944,795Net Assets 2014: -$2,104,9502014Assets 2015: $1,770,509Liabilities 2015: $3,874,217Net Assets 2015: -$2,103,7082015Assets 2016: $1,767,726Liabilities 2016: $3,796,787Net Assets 2016: -$2,029,0612016Assets 2017: $1,776,858Liabilities 2017: $3,728,249Net Assets 2017: -$1,951,3912017Assets 2018: $1,830,779Liabilities 2018: $3,693,238Net Assets 2018: -$1,862,4592018Assets 2019: $1,809,240Liabilities 2019: $3,606,813Net Assets 2019: -$1,797,5732019Assets 2020: $1,863,690Liabilities 2020: $3,603,733Net Assets 2020: -$1,740,0432020Assets 2021: $1,849,106Liabilities 2021: $3,457,083Net Assets 2021: -$1,607,9772021Assets 2022: $1,869,627Liabilities 2022: $3,346,781Net Assets 2022: -$1,477,1542022Assets 2024: $2,377,624Liabilities 2024: $3,527,871Net Assets 2024: -$1,150,2472024

Highlighted filing

2024

Assets$2,377,624
Liabilities$3,527,871
Net Assets-$1,150,247

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Expenses 2012: $948,7432012Revenue 2013: $971,780Expenses 2013: $945,482Net Income 2013: $26,2982013Revenue 2014: $980,023Expenses 2014: $944,242Net Income 2014: $35,7812014Revenue 2015: $982,131Expenses 2015: $980,889Net Income 2015: $1,2422015Revenue 2016: $1,037,864Expenses 2016: $963,217Net Income 2016: $74,6472016Revenue 2017: $1,007,720Expenses 2017: $930,050Net Income 2017: $77,6702017Revenue 2018: $1,052,841Expenses 2018: $963,909Net Income 2018: $88,9322018Revenue 2019: $1,073,679Expenses 2019: $1,008,793Net Income 2019: $64,8862019Revenue 2020: $1,073,260Expenses 2020: $1,015,730Net Income 2020: $57,5302020Revenue 2021: $1,126,128Expenses 2021: $994,062Net Income 2021: $132,0662021Revenue 2022: $1,079,623Expenses 2022: $948,800Net Income 2022: $130,8232022Revenue 2024: $1,233,321Expenses 2024: $1,068,613Net Income 2024: $164,7082024

Highlighted filing

2024

Revenue$1,233,321
Expenses$1,068,613
Net Income$164,708

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$3.53$1.15$1.23$1.07$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$3.35$1.48$1.08$0.95$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$3.46$1.61$1.13$0.99$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$3.60$1.74$1.07$1.02$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$3.61$1.80$1.07$1.01$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$3.69$1.86$1.05$0.96$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$3.73$1.95$1.01$0.93$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$3.80$2.03$1.04$0.96$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.77$3.87$2.10$0.98$0.98$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.84$3.94$2.10$0.98$0.94$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.86$4.00$2.14$0.97$0.95$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$4.09$2.17$0.95
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,233,321
Mission and Program Overview

Mission

Maryvale, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of indiana. The corporation was formed for the purpose of operating a 148 unit apartment project for the elderly, handicapped and low income persons located in st mary of the woods, indiana. The project is financed with a mortgage that is insured by the department of housing and urban development pursuant to section 223(f) of the national housing act and is, therefore, regulated by hud with respect to rental charges and operating methods. The corporation has also entered into a housing assistance payment contract with hud. The hap contract is a rent assistance program for low income families (or persons) as provided by section 8 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$869,563$980,950▲ $111,387
Land, Buildings, and Equipment, Net$737,259$849,882▲ $112,623
Prepaid Expenses and Deferred Charges$69,579$71,043▲ $1,464
Intangible Assets$57,883$55,330▼ $2,553
Cash and Non-Interest-Bearing Accounts$159,271$14,676▼ $144,595
Accounts Receivable$14,171$12,643▼ $1,528
Total Assets$2,266,485$2,377,624▲ $111,139
Other Assets Total$358,759$393,100▲ $34,341
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,198,997$3,121,338▼ $77,659
Accounts Payable and Accrued Expenses$323,213$352,834▲ $29,621
Other Liabilities$57,094$52,673▼ $4,421
Deferred Revenue$2,136$1,026▼ $1,110
Total Liabilities$3,581,440$3,527,871▼ $53,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,314,955$-1,150,247▲ $164,708
Total Net Assets Fund Balance$-1,314,955$-1,150,247▲ $164,708
Total Liabilities and Net Assets / Fund Balance$2,266,485$2,377,624▲ $111,139

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$544,849$4,623,729$5,168,578
Equipment$156,130$158,293$314,423
Leasehold Improvements$78,349$127,300$205,649
Land$70,554-$70,554
Investment Program Related Org$37,051--
Other Assets Org$340,427--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jan HarmeningPresident
Sister Mary Beth KlingelVice President
Chris SwitzerDirector
James CallahanDirector
Judith AndersonDirector
Kathleen MillerDirector
Lisa WebsterDirector
Michael David KiteDirector
Melissa RafterFormer Director
Dave BonnettSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$655,476
Program Service Revenue
$544,970
Investment Income
$706
Other Revenue
$32,169
Change in Net Assets
$164,708

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,233,321
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,233,321
Total Revenue per Form 990
$1,233,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,068,613
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$708,394--$708,394
Fees for Services Management-$87,024-$87,024
Depreciation Depletion$52,415--$52,415
Office Expenses-$33,583-$33,583
Fees for Services Accounting-$32,154-$32,154
Advertising-$12,155-$12,155
Travel$7,323--$7,323
Other Expenses$129,413$3,723-$3,723
Fees for Services Legal-$1,637-$1,637
Conferences and Meetings-$792-$792
Total Functional Expenses$897,545$171,068$0$1,068,613

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,087,718
Expenses per Audited Statements$1,068,613
Total Expenses per Form 990$1,068,613
Expenses Not Reported on Form 990$19,105
Expenses Not Reported on Financial Statements$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$52,673
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

Maryvale, inc is managed by pfister & company, inc., a professional property management company. Pfister & company has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing and urban development. Under this certification, hud has approved pfister & company to manage the maryvale, inc. Apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

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

The outside independent accountant forwards a draft of form 990 to the management company, which in turn disperses a complete copy of the 990 to the board of directors for their review. Upon board approval, the board president notifies the management company to communicate approval to the outside accountant, which issues a final return for the board president to sign and file.

Form 990, Part VI, Section B, Line 15

The organization does not compensate officers or directors (see page 7, part vii). If the organization revises their position on compensation of officers and directors, an additional policy will be drafted at that time.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Maryvale Inc
EIN
35-1431573
Phone
8122325083
Address
711 OHIO STREET, TERRE HAUTE, IN 47807

Signing Officer

Name
Jan Harmening
Title
President
Phone
8122325083
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Harmening
Formed
1980
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Brittany Phillips
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to the officers for their approval. After the officers approve the audit, the entire board is given a copy of the final audit. The management company is relied upon to review the audit reports with the appropriate officers or the finance committee, if applicable. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Book/tax depreciation adjustment 19,105.

Raw XML AppendixShowing 400 of 475 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/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01233321
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt057883
IRS990/IntangibleAssetsGrp/EOYAmt055330
IRS990/InvestmentIncomeGrp/ExclusionAmt0706
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0706
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0869563
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0980950
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04909322
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0737259
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0849882
IRS990/LandBldgEquipCostOrOtherBssAmt05759204
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MARYVALE, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 148 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN ST MARY OF THE WOODS, INDIANA. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03198997
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03121338
IRS990/NetAssetsOrFundBalancesBOYAmt0-1314955
IRS990/NetAssetsOrFundBalancesEOYAmt0-1150247
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1314955
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1150247
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0708394
IRS990/OccupancyGrp/TotalAmt0708394
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt033583
IRS990/OfficeExpensesGrp/TotalAmt033583
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0358759
IRS990/OtherAssetsTotalGrp/EOYAmt0393100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY CHAR
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03723
IRS990/OtherExpensesGrp/ProgramServicesAmt0129413
IRS990/OtherExpensesGrp/TotalAmt0129413
IRS990/OtherExpensesGrp/TotalAmt13723
IRS990/OtherLiabilitiesGrp/BOYAmt057094
IRS990/OtherLiabilitiesGrp/EOYAmt052673
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE-MISC.
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt014126
IRS990/OtherRevenueMiscGrp/ExclusionAmt111192
IRS990/OtherRevenueMiscGrp/ExclusionAmt26851
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014126
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt26851
IRS990/OtherRevenueTotalAmt032169
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069579
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071043
IRS990/PrincipalOfficerNm0JAN HARMENING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0544970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0544970
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0587596
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0613
IRS990/PYOtherExpensesAmt0988008
IRS990/PYOtherRevenueAmt020618
IRS990/PYProgramServiceRevenueAmt0541380
IRS990/PYRevenuesLessExpensesAmt0162199
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0988008
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01150207
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0164708
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0544970
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0655476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0587596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0562105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0619327
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0581781
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03006285
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0613
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0301
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0256
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0311
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0544970
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0541380
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0496563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0483499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0474163
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02540575
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0706
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0613
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0256
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0311
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02187
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt032168
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt020618
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt020654
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt023046
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt017005
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0113491
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97960
IRS990ScheduleA/PublicSupportPY509Pct00.98140
IRS990ScheduleA/PublicSupportTotal509Amt05546860
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01200446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01128976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01058668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01102826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01055944
IRS990ScheduleA/Total509Grp/TotalAmt05546860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01233320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01150207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01079623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01126128
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01073260
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05662538
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/BookValueAmt0544849
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04623729
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05168578
IRS990ScheduleD/EquipmentGrp/BookValueAmt0156130
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158293
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0314423
IRS990ScheduleD/ExpensesNotReportedAmt019105
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01068613
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0933267
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt110632
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt237051
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt070554
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070554
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt078349
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0127300
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0205649
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt052673
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1340427
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherExpensesIncludedAmt019105
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01233321
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DEPRECIATION ADJUSTMENT 19,105.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0849882
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0393100
IRS990ScheduleD/TotalBookValueProgramRltdAmt0980950
IRS990ScheduleD/TotalExpensesPerForm990Amt01068613
IRS990ScheduleD/TotalLiabilityAmt052673
IRS990ScheduleD/TotalRevenuePerForm990Amt01233321
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01233321
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01087718
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARYVALE, INC IS MANAGED BY PFISTER & COMPANY, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. PFISTER & COMPANY HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED PFISTER & COMPANY TO MANAGE THE MARYVALE, INC. APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OUTSIDE INDEPENDENT ACCOUNTANT FORWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISPERSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES THEIR POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO THE OFFICERS FOR THEIR APPROVAL. AFTER THE OFFICERS APPROVE THE AUDIT, THE ENTIRE BOARD IS GIVEN A COPY OF THE FINAL AUDIT. THE MANAGEMENT COMPANY IS RELIED UPON TO REVIEW THE AUDIT REPORTS WITH THE APPROPRIATE OFFICERS OR THE FINANCE COMMITTEE, IF APPLICABLE. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
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 15
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/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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