Civic Intelligence

Alpha Properties Inc

EIN 35-1432669 • 501(c)3 • Dillsboro, IN

Profile

Housing for the elderly and disabled.

13091 Benedict DriveDillsboro, IN 47018

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.33x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

29th percentile

-5.8%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $500k-$1M 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

47th percentile

2.2%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

19th percentile

-16%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$741,359

Up $62,055 (+9.1%) from 2023

Liabilities

Up

$751,281

Up $80,601 (+12%) from 2023

Net Assets

Down

-$9,922

Down $18,546 (-215%) from 2023

Revenue

Down

$322,189

Down $194,326 (-38%) from 2023

Expenses

Down

$340,735

Down $213,369 (-39%) from 2023

Net Income

Up

-$18,546

Up $19,043 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $1,196,580Liabilities 2010: $1,538,511Net Assets 2010: -$341,9312010Assets 2011: $1,172,321Liabilities 2011: $947,254Net Assets 2011: $225,0672011Assets 2012: $1,138,955Liabilities 2012: $939,845Net Assets 2012: $199,1102012Assets 2013: $1,026,408Liabilities 2013: $903,384Net Assets 2013: $123,0242013Assets 2014: $1,006,347Liabilities 2014: $893,952Net Assets 2014: $112,3952014Assets 2015: $978,591Liabilities 2015: $873,028Net Assets 2015: $105,5632015Assets 2016: $942,975Liabilities 2016: $855,565Net Assets 2016: $87,4102016Assets 2017: $864,016Liabilities 2017: $798,052Net Assets 2017: $65,9642017Assets 2018: $828,088Liabilities 2018: $765,796Net Assets 2018: $62,2922018Assets 2019: $791,802Liabilities 2019: $761,622Net Assets 2019: $30,1802019Assets 2020: $776,569Liabilities 2020: $746,475Net Assets 2020: $30,0942020Assets 2021: $767,455Liabilities 2021: $860,092Net Assets 2021: -$92,6372021Assets 2022: $709,512Liabilities 2022: $663,299Net Assets 2022: $46,2132022Assets 2023: $679,304Liabilities 2023: $670,680Net Assets 2023: $8,6242023Assets 2024: $741,359Liabilities 2024: $751,281Net Assets 2024: -$9,9222024

Highlighted filing

2024

Assets$741,359
Liabilities$751,281
Net Assets-$9,922

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $232,295Expenses 2010: $243,974Net Income 2010: -$11,6792010Expenses 2011: $255,6402011Expenses 2012: $276,6102012Expenses 2013: $278,2932013Revenue 2014: $255,249Expenses 2014: $264,994Net Income 2014: -$9,7452014Revenue 2015: $253,549Expenses 2015: $257,238Net Income 2015: -$3,6892015Revenue 2016: $267,030Expenses 2016: $284,416Net Income 2016: -$17,3862016Revenue 2017: $272,087Expenses 2017: $293,533Net Income 2017: -$21,4462017Revenue 2018: $275,884Expenses 2018: $279,556Net Income 2018: -$3,6722018Revenue 2019: $292,867Expenses 2019: $324,979Net Income 2019: -$32,1122019Revenue 2020: $299,976Expenses 2020: $300,062Net Income 2020: -$862020Revenue 2021: $298,356Expenses 2021: $421,087Net Income 2021: -$122,7312021Revenue 2022: $454,369Expenses 2022: $315,519Net Income 2022: $138,8502022Revenue 2023: $516,515Expenses 2023: $554,104Net Income 2023: -$37,5892023Revenue 2024: $322,189Expenses 2024: $340,735Net Income 2024: -$18,5462024

Highlighted filing

2024

Revenue$322,189
Expenses$340,735
Net Income-$18,546

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.75$0.01$0.32$0.34$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.67$0.01$0.52$0.55$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.66$0.05$0.45$0.32$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.86$0.09$0.30$0.42$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.75$0.03$0.30$0.30$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.76$0.03$0.29$0.32$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.77$0.06$0.28$0.28$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.80$0.07$0.27$0.29$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.86$0.09$0.27$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.87$0.11$0.25$0.26$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.89$0.11$0.26$0.26$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.90$0.12$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.94$0.20$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.95$0.23$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$1.54$0.34$0.23$0.24$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 23, 2025
Return Version
2023v6.0
Gross Receipts
$322,189
Mission and Program Overview

Mission

Housing for the elderly

Housing for the elderly and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$381,815$336,920▼ $44,895
Cash and Non-Interest-Bearing Accounts$26,416$21,248▼ $5,168
Prepaid Expenses and Deferred Charges$7,804$7,804→ $0
Accounts Receivable$1,358$4,108▲ $2,750
Intangible Assets$3,992$2,700▼ $1,292
Inventories for Sale or Use$681$681→ $0
Total Assets$679,304$741,359▲ $62,055
Other Assets Total$257,238$367,898▲ $110,660
Liabilities
Mortgage Notes Payable Secured by Investment Property$599,470$611,979▲ $12,509
Accounts Payable and Accrued Expenses$58,071$125,438▲ $67,367
Other Liabilities$13,139$13,864▲ $725
Total Liabilities$670,680$751,281▲ $80,601
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,624$-9,922▼ $18,546
Total Net Assets Fund Balance$8,624$-9,922▼ $18,546
Total Liabilities and Net Assets / Fund Balance$679,304$741,359▲ $62,055

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$270,396$1,445,997-
Other Land Buildings$0$46,220-
Land$66,524--
Equipment$0$9,092-
Leasehold Improvements$0$114,187-
Other Assets Org$85,672--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Erin ThomasExecutive Director$91,928$91,928

Board Members and Trustees

NameTitle
Ron RichardChairman
Doug RumpVice-Chairman
Doug GarnerSecretary
Casey RobinsonTreasurer
Frieda Rickerson- Exit 724Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$170,020
Program Service Revenue
$151,083
Investment Income
$177
Other Revenue
$909
Change in Net Assets
$-18,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$322,189
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$322,189
Total Revenue per Form 990
$322,189
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,193
Salaries, Compensation, and Employee Benefits$91,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$59,028$5,094-$64,122
Depreciation Depletion$44,895--$44,895
Fees for Services Management$21,507$2,390-$23,897
Payroll Taxes$20,607$2,290-$22,897
Interest$21,141--$21,141
Fees for Services Accounting-$18,972-$18,972
Office Expenses-$18,594-$18,594
Insurance$4,473$497-$4,970
Other Employee Benefits$4,071$452-$4,523
Other Expenses$3,569--$3,569
All Other Expenses$2,518$280-$2,798
Total Functional Expenses$292,166$48,569$0$340,735

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$340,735
Total Expenses per Audited Statements$340,735
Total Expenses per Form 990$340,735
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$13,864
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

Lifetime Resources has a management agreement with Alpha Properties/HUD. Lifetime Resources is responsible for budgeting, asset management, and property management of Alpha properties.

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

Alpha Properties, Inc.'s Form 990 and all related schedules, statements and attachments are reviewed and approved by the Executive Director prior to finalizing and filing these tax returns with the Internal Revenue Service. The tax return is then presented to the full Board of Directors for review and approval at a board meeting.

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

Each member of the board of directors and employees is required to complete a conflict of interest statement on an annual basis. The process is monitored by the Executive Director who then reports to the board of Directors Executive Committee.

Form 990, Part VI, Section B, line 15

Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its officers or key employees. Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its executive director or top management.

Form 990, Part VI, Section C, line 19

Alpha Properties, Inc. makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our Executive Director and received at our corporate office address.

Filing and Contact Details

Filer

Filer Name
Alpha Properties Inc
EIN
35-1432669
Phone
8124326272
Address
13091 Benedict Drive, Dillsboro, IN 47018
Doing Business As
Dillsboro Village Apartments

Signing Officer

Name
Erin Thomas
Title
Executive Director
Phone
8124326272
Signed
2025-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Thomas
Formed
1978
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
13

Preparer

Firm
Barnes Dennig & Co LTD
Address
8470 Allison Pointe Blvd Suite 200, Indianapolis, IN 46250
Preparer
Paula Hume
Phone
3175721130
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No changes in process from the prior year.

Form 990; Part V; Line 2A

Alpha Properties, Inc. (Alpha) does not have any employees. All staffing requirements are provided by Lifetime Resources (Lifetime), a related tax exempt section 501(c)(3) organization. The only employees billed to Alpha are a property manager and maintenance. Alpha reimburses Lifetime for its direct staffing costs and reports them in the appropriate Functional Expenses line items disclosure. Alpha's Executive Director and Board of Directors determine and sets all staffing compensation rates, which are based on periodic through review of all related issues, salary surveys, consultation with independent persons, review of comparable data and deliberation.

Financial Statement Notes

Part X, Line 2:

Alpha Properties, Inc. (Alpha) is exempt from income taxation under Section 501(c)(3) of the Internal Revenue Code. As such, no provision has been made for income taxes. Alpha believes it has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.

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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/OtherExpensesGrp/TotalAmt33569
IRS990/OtherLiabilitiesGrp/BOYAmt013139
IRS990/OtherLiabilitiesGrp/EOYAmt013864
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Restricted Local Reven
IRS990/OtherRevenueMiscGrp/Desc1UA Reimbursement Reven
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0750
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1159
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0750
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1159
IRS990/OtherRevenueTotalAmt0909
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05094
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt059028
IRS990/OtherSalariesAndWagesGrp/TotalAmt064122
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02290
IRS990/PayrollTaxesGrp/ProgramServicesAmt020607
IRS990/PayrollTaxesGrp/TotalAmt022897
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07804
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07804
IRS990/PrincipalOfficerNm0Erin Thomas
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental
IRS990/ProgramServiceRevenueGrp/Desc1Laundry & Vending Reve
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0148142
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0148142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12941
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0171695
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0138
IRS990/PYOtherExpensesAmt0469970
IRS990/PYOtherRevenueAmt0212732
IRS990/PYProgramServiceRevenueAmt0131950
IRS990/PYRevenuesLessExpensesAmt0-37589
IRS990/PYSalariesCompEmpBnftPaidAmt084134
IRS990/PYTotalExpensesAmt0554104
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0516515
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-18546
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0151992
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Laundry vending - 2019 Amount: $ 2,215. 2020 Amount: $ 2,203. Miscellaneous - 2023 Amount: $ 909. SNAC Site Contract - 2019 Amount: $ 13,745. 2020 Amount: $ 4,400. Special Claims - Properties - 2019 Amount: $ 2,000. 2020 Amount: $ 1,544. Debt Forgiveness - 2021 Amount: $ 146,618. Insurance Claim Income - 2022 Amount: $ 212,732.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0170020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0171695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0179479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0182632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0178192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0882018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0151083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0131950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0128206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0103698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0622440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0581
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0909
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0212732
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0146618
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08147
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt017960
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0386366
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.79540
IRS990ScheduleA/PublicSupportPY509Pct00.78570
IRS990ScheduleA/PublicSupportTotal509Amt01504458
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0321103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0303645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0307685
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0290135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0281890
IRS990ScheduleA/Total509Grp/TotalAmt01504458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0322189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0516515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0454369
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0298356
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0299976
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01891405
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/BookValueAmt0270396
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01445997
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01716393
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09092
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt09092
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0340735
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt066524
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt066524
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114187
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0114187
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010634
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1254610
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216982
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt385672
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Escrow deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Residual receipts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Construction in Progress
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046220
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt046220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0322189
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Alpha Properties, Inc. (Alpha) is exempt from income taxation under Section 501(c)(3) of the Internal Revenue Code. As such, no provision has been made for income taxes. Alpha believes it has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0336920
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0367898
IRS990ScheduleD/TotalExpensesPerForm990Amt0340735
IRS990ScheduleD/TotalLiabilityAmt013864
IRS990ScheduleD/TotalRevenuePerForm990Amt0322189
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0322189
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0340735
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lifetime Resources has a management agreement with Alpha Properties/HUD. Lifetime Resources is responsible for budgeting, asset management, and property management of Alpha properties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Alpha Properties, Inc.'s Form 990 and all related schedules, statements and attachments are reviewed and approved by the Executive Director prior to finalizing and filing these tax returns with the Internal Revenue Service. The tax return is then presented to the full Board of Directors for review and approval at a board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each member of the board of directors and employees is required to complete a conflict of interest statement on an annual basis. The process is monitored by the Executive Director who then reports to the board of Directors Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its officers or key employees. Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its executive director or top management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Alpha Properties, Inc. makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our Executive Director and received at our corporate office address.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No changes in process from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Alpha Properties, Inc. (Alpha) does not have any employees. All staffing requirements are provided by Lifetime Resources (Lifetime), a related tax exempt section 501(c)(3) organization. The only employees billed to Alpha are a property manager and maintenance. Alpha reimburses Lifetime for its direct staffing costs and reports them in the appropriate Functional Expenses line items disclosure. Alpha's Executive Director and Board of Directors determine and sets all staffing compensation rates, which are based on periodic through review of all related issues, salary surveys, consultation with independent persons, review of comparable data and deliberation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990; Part V; Line 2a
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Lifetime Housing Group Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Lifetime Resources Inc

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