Civic Intelligence

Alpha Properties Inc.

990 • Fiscal year 2014 • EIN 35-1432669

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 03, 2015

13091 Benedict Drive47018

(812) 432-6270

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

3.50x

Higher debt load relative to revenue than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

29th percentile

-3.8%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

33rd percentile

-2.0%

Faster asset growth than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,006,347

Down $20,061 (-2.0%) from 2013

Net Assets

Down

$112,395

Down $10,629 (-8.6%) from 2013

Liabilities

Down

$893,952

Down $9,432 (-1.0%) from 2013

Revenue

$255,249

No earlier filing loaded for comparison.

Expenses

Down

$264,994

Down $13,299 (-4.8%) from 2013

Net Income

-$9,745

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2014

Assets$1,006,347
Liabilities$893,952
Net Assets$112,395

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$255,249
Expenses$264,994
Net Income-$9,745
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 3, 2015
Return Version
2013v4.0
Gross Receipts
$255,249
Mission and Program Overview

Mission

Housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$793,762$748,806▼ $44,956
Intangible Assets$49,947$46,914▼ $3,033
Cash and Non-Interest-Bearing Accounts$19,797$32,313▲ $12,516
Accounts Receivable$328$827▲ $499
Inventories for Sale or Use$681$681→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,026,408$1,006,347▼ $20,061
Other Assets Total$161,893$176,806▲ $14,913
Liabilities
Mortgage Notes Payable Secured by Investment Property$884,460$864,774▼ $19,686
Accounts Payable and Accrued Expenses$6,984$16,579▲ $9,595
Other Liabilities$11,940$12,599▲ $659
Total Liabilities$903,384$893,952▼ $9,432
Net Assets / Fund Balance
Unrestricted Net Assets$123,024$112,395▼ $10,629
Total Net Assets Fund Balance$123,024$112,395▼ $10,629
Total Liabilities and Net Assets / Fund Balance$1,026,408$1,006,347▼ $20,061

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$698,625$993,111$1,691,736
Leasehold Improvements-$114,187$114,187
Land$50,181-$50,181
Other Land Buildings-$46,220$46,220
Equipment-$9,092$9,092
Other Assets Org$10,005--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sally BeckleyExecutive Director$120,800$120,800

Board Members and Trustees

NameTitle
Nancy WiddowsonChairman
Seth ElderVice Chairman
Gary GreenSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$157,454
Program Service Revenue
$94,169
Investment Income
$154
Other Revenue
$3,472
Change in Net Assets
$-9,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$255,249
Total Revenue per Audited Statements
$255,249
Total Revenue per Form 990
$255,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,314
Salaries, Compensation, and Employee Benefits$57,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$50,343--$50,343
Depreciation Depletion$47,989--$47,989
Other Salaries and Wages$41,601$3,153-$44,754
Fees for Services Management$15,915$1,768-$17,683
Other Employee Benefits$9,291$1,033-$10,324
Insurance$7,702$856-$8,558
Fees for Services Accounting-$7,000-$7,000
Office Expenses-$6,824-$6,824
Other Expenses$4,154--$4,154
All Other Expenses-$4,051-$4,051
Payroll Taxes$2,342$260-$2,602
Advertising-$112-$112
Total Functional Expenses$239,937$25,057$0$264,994

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$264,994
Total Expenses per Audited Statements$264,994
Total Expenses per Form 990$264,994
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits$12,599
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 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
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

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, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

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, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its Executive Director or top management.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

EIN
35-1432669
Phone
8124326270

Signing Officer

Name
Sally Beckley
Title
Executive Direc
Signed
2015-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sally Beckley
Formed
1978
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Preparer
Rickey Roysdon CPA
Phone
3175721130
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Residual Receipt Offset = -$884

Form 990, Part V, Line 2A - Number of Employees

Alpha Properties, Inc. (Alpha) does not have any employees. All staffing requirements are provided by Lifetime Housing Group, Inc.(Lifetime), a related tax exempt section 501(c)(3) organization. The only employees billed to Alpha are a property manager, maintenance and generalist. 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 : FIN48 Footnote

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. Alpha believes it is no longer subject to tax examination for years prior to 2010.

Raw XML AppendixShowing 400 of 520 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06984
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016579
IRS990/AccountsReceivableGrp/BOYAmt0328
IRS990/AccountsReceivableGrp/EOYAmt0827
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Housing for the elderly
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0112
IRS990/AdvertisingGrp/TotalAmt0112
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04051
IRS990/AllOtherExpensesGrp/TotalAmt04051
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Yvonne Downey
IRS990/BooksInCareOfDetail/PhoneNum08124326272
IRS990/BooksInCareOfDetail/USAddress/AddressLine1013091 Benedict Drive
IRS990/BooksInCareOfDetail/USAddress/City0Dillsboro
IRS990/BooksInCareOfDetail/USAddress/State0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode047018
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt019797
IRS990/CashNonInterestBearingGrp/EOYAmt032313
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0157454
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0154
IRS990/CYOtherExpensesAmt0207314
IRS990/CYOtherRevenueAmt03472
IRS990/CYProgramServiceRevenueAmt094169
IRS990/CYRevenuesLessExpensesAmt0-9745
IRS990/CYSalariesCompEmpBnftPaidAmt057680
IRS990/CYTotalExpensesAmt0264994
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0255249
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt047989
IRS990/DepreciationDepletionGrp/TotalAmt047989
IRS990/Desc0Alpha Properties, Inc. owns and operates a 40 unit apartment complex for the elderly under Section 202 of the National Housing Act.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0239937
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07000
IRS990/FeesForServicesAccountingGrp/TotalAmt07000
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01768
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt015915
IRS990/FeesForServicesManagementGrp/TotalAmt017683
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt341.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt319961
IRS990/Form990PartVIISectionAGrp/PersonNm0Nancy Widdowson
IRS990/Form990PartVIISectionAGrp/PersonNm1Seth Elder
IRS990/Form990PartVIISectionAGrp/PersonNm2Gary Green
IRS990/Form990PartVIISectionAGrp/PersonNm3Sally Beckley
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3100839
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0157454
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0255249
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0856
IRS990/InsuranceGrp/ProgramServicesAmt07702
IRS990/InsuranceGrp/TotalAmt08558
IRS990/IntangibleAssetsGrp/BOYAmt049947
IRS990/IntangibleAssetsGrp/EOYAmt046914
IRS990/InterestGrp/ProgramServicesAmt050343
IRS990/InterestGrp/TotalAmt050343
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0681
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0681
IRS990/InvestmentIncomeGrp/ExclusionAmt0154
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0154
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01162610
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0793762
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0748806
IRS990/LandBldgEquipCostOrOtherBssAmt01911416
IRS990/LegalDomicileStateCd0IN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Housing for the elderly
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0884460
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0864774
IRS990/NetAssetsOrFundBalancesBOYAmt0123024
IRS990/NetAssetsOrFundBalancesEOYAmt0112395
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06824
IRS990/OfficeExpensesGrp/TotalAmt06824
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0161893
IRS990/OtherAssetsTotalGrp/EOYAmt0176806
IRS990/OtherChangesInNetAssetsAmt0-884
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01033
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09291
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010324
IRS990/OtherExpensesGrp/Desc0Contracts
IRS990/OtherExpensesGrp/Desc1Utilities expense
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Snow removal/trash removal
IRS990/OtherExpensesGrp/ProgramServicesAmt031918
IRS990/OtherExpensesGrp/ProgramServicesAmt123953
IRS990/OtherExpensesGrp/ProgramServicesAmt24729
IRS990/OtherExpensesGrp/ProgramServicesAmt34154
IRS990/OtherExpensesGrp/TotalAmt031918
IRS990/OtherExpensesGrp/TotalAmt123953
IRS990/OtherExpensesGrp/TotalAmt24729
IRS990/OtherExpensesGrp/TotalAmt34154
IRS990/OtherLiabilitiesGrp/BOYAmt011940
IRS990/OtherLiabilitiesGrp/EOYAmt012599
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Laundry & vending
IRS990/OtherRevenueMiscGrp/Desc1Other income
IRS990/OtherRevenueMiscGrp/ExclusionAmt02162
IRS990/OtherRevenueMiscGrp/ExclusionAmt11310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02162
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11310
IRS990/OtherRevenueTotalAmt03472
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03153
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041601
IRS990/OtherSalariesAndWagesGrp/TotalAmt044754
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0260
IRS990/PayrollTaxesGrp/ProgramServicesAmt02342
IRS990/PayrollTaxesGrp/TotalAmt02602
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Sally Beckley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt094169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt094169
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0156604
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0131
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0209400
IRS990/PYOtherRevenueAmt02815
IRS990/PYProgramServiceRevenueAmt094222
IRS990/PYRevenuesLessExpensesAmt0-24521
IRS990/PYSalariesCompEmpBnftPaidAmt068893
IRS990/PYTotalExpensesAmt0278293
IRS990/PYTotalRevenueAmt0253772
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9745
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt094169
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0157454
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0156604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0153896
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0147529
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0134291
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0749774
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0204
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0547
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt094169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt094222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt094741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt089652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt095768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0468552
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0154
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0131
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0204
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0547
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01454
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00240
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02815
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01812
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02039
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01689
IRS990ScheduleA/OtherIncome509Grp/TotalAmt011827
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98920
IRS990ScheduleA/PublicSupportPY509Pct00.98890
IRS990ScheduleA/PublicSupportTotal509Amt01218326
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0251623
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0248637
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0237181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0230059
IRS990ScheduleA/Total509Grp/TotalAmt01218326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0255249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0253772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0250653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0239638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0232295
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01231607
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0698625
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0993111
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01691736
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09092
IRS990ScheduleD/ExpensesSubtotalAmt0264994
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050181
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050181
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0114187
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0114187
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06587
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1160214
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt210005
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Escrow deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Residual receipts
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046220
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012599
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/RevenueSubtotalAmt0255249
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. Alpha believes it is no longer subject to tax examination for years prior to 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0748806
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0176806
IRS990ScheduleD/TotalExpensesPerForm990Amt0264994
IRS990ScheduleD/TotalLiabilityAmt012599
IRS990ScheduleD/TotalRevenuePerForm990Amt0255249
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0255249
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0264994
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Alpha 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/ExplanationTxt1Each 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/ExplanationTxt2Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its Executive Director or top management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Alpha Properties, Inc. (Alpha) does not have any employees. Alpha does not compensate its officers or key employees.
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/ExplanationTxt5Residual Receipt Offset = -$884
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Alpha Properties, Inc. (Alpha) does not have any employees. All staffing requirements are provided by Lifetime Housing Group, Inc.(Lifetime), a related tax exempt section 501(c)(3) organization. The only employees billed to Alpha are a property manager, maintenance and generalist. 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, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part V, Line 2a - Number of Employees
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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