Civic Intelligence

Community Reinvestment Foundation III

EIN 35-1870898 • 501(c)3 • Plainfield, IN

Profile

To provide affordable housing for low income persons.

2498 Perry Crossing Way 260Plainfield, IN 46168

www.crf.net

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

94th percentile

$296,522

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 48.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

71%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,044,279 (-100%) from 2021

Liabilities

Down

$0

Down $978,345 (-100%) from 2021

Net Assets

Down

$0

Down $65,934 (-100%) from 2021

Operations
Liabilities / Revenue20th percentileNet Margin21st percentile

Revenue

Up

$610,659

Up $254,585 (+71%) from 2021

Expenses

Up

$676,593

Up $367,384 (+119%) from 2021

Net Income

Down

-$65,934

Down $112,799 (-241%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$1.5M$1.0M$500K$0Assets 2020: $1,056,389Liabilities 2020: $1,037,320Net Assets 2020: $19,0692020Assets 2021: $1,044,279Liabilities 2021: $978,345Net Assets 2021: $65,9342021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2020: $354,519Expenses 2020: $338,406Net Income 2020: $16,1132020Revenue 2021: $356,074Expenses 2021: $309,209Net Income 2021: $46,8652021Revenue 2022: $610,659Expenses 2022: $676,593Net Income 2022: -$65,9342022

Highlighted filing

2022

Revenue$610,659
Expenses$676,593
Net Income-$65,934
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$610,659
Expenses
$676,593
Net income
-$65,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.61$0.68$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.98$0.07$0.36$0.31$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.06$1.04$0.02$0.35$0.34$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Oct 18, 2022
Return Version
2021v4.2
Gross Receipts
$2,823,955
Mission and Program Overview

Mission

To provide affordable housing for low income persons.

To provide affordable housing for low income individuals and families. Owns and operates a 48 unit apartment community in bedford, indiana .

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$545,433$0▼ $545,433
Cash and Non-Interest-Bearing Accounts$355,238$0▼ $355,238
Intangible Assets$5,304$0▼ $5,304
Accounts Receivable$2,184$0▼ $2,184
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,044,279$0▼ $1,044,279
Other Assets Total$136,120$0▼ $136,120
Liabilities
Mortgage Notes Payable Secured by Investment Property$945,380$0▼ $945,380
Other Liabilities$14,692$0▼ $14,692
Accounts Payable and Accrued Expenses$10,148$0▼ $10,148
Deferred Revenue$8,125$0▼ $8,125
Total Liabilities$978,345$0▼ $978,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,934$0▼ $65,934
Total Net Assets Fund Balance$65,934$0▼ $65,934
Total Liabilities and Net Assets / Fund Balance$1,044,279$0▼ $1,044,279
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
David CooperPresident
Adam BocikDirector
Tim ShroutDirector
William TibbetsDirector
Tim PainoSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$223,768
Investment Income
$386,891
Other Revenue
$0
Change in Net Assets
$-65,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$644,151
Salaries, Compensation, and Employee Benefits$32,442
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$476,621--$476,621
Other Salaries and Wages$30,245--$30,245
Insurance$23,556--$23,556
Fees for Services Management$17,047--$17,047
Interest$16,671--$16,671
Fees for Services Accounting$13,388--$13,388
Other Expenses$3,876--$3,876
Office Expenses$3,767--$3,767
Travel$3,326--$3,326
Payroll Taxes$2,197--$2,197
Fees for Services Legal$944--$944
All Other Expenses$877--$877
Advertising$304--$304
Total Functional Expenses$676,593$0$0$676,593
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“A related party management agent is paid a fee based on a percentage of income collections, as approved by the board of directors, to manage the day to day operations of the apartment community.”

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

“The form 990 is prepared by staff in conjunction with our certified public accounting firm and reviewed by legal counsel. Upon completion, the form 990 is reviewed by the president and director of accounting services for accuracy. The president meets with the remaining officers of the corporation for review. The form 990 is provided to all members of the board of directors for comment before submission.”

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

“The corporation has written conflict of interest policy that is provided to all officers, directors and key employees. Annually all officers, directors and key employees are required to complete a questionnaire that addresses potential conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“All compensation for top management positions, exclusive of the president, is presented to the board of directors by recommendation of the president through the annual budgeting process. Compensation for the president is determined by the board of directors after considering compensation paid by comparable organizations.”

Form 990, Part VI, Section C, Line 19

“The corporation provides copies of form 1023, governing documents, financial statements and form 990 to the public upon written request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“David cooper - 2498 perry crossing way #260, plainfield, in 46168. Tim shrout - 170 n. Perry road, ste. 198, plainfield, in 46168. Tim paino - 2498 perry crossing way #260, plainfield, in 46168. Adam bocik - 2498 perry crossing way #260, plainfield, in 46168. William tibbets - 2498 perry crossing way #260, plainfield, in 46168.”

Filing and Contact Details

Filer

Filer Name
Community Reinvestment Foundation Iii
EIN
35-1870898
Phone
3175542100
Address
2498 PERRY CROSSING WAY 260, PLAINFIELD, IN 46168
Doing Business As
Rainbow Hills Apartments

Signing Officer

Name
David Cooper
Title
President
Phone
3175542100
Signed
2022-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Cooper
Formed
1992
Legal Domicile
In
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Somerset Cpas and Advisors
Address
3925 RIVER CROSSING PKWY STE 100, INDIANAPOLIS, IN 46240
Preparer
Xiaolin Shi CPA
Phone
3174722200
Raw XML AppendixShowing 400 of 610 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010148
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt02184
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES. OWNS AND OPERATES A 48 UNIT APARTMENT COMMUNITY IN BEDFORD, INDIANA .
IRS990/AdvertisingGrp/ProgramServicesAmt0304
IRS990/AdvertisingGrp/TotalAmt0304
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0877
IRS990/AllOtherExpensesGrp/TotalAmt0877
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CRF AFFORDABLE HOUSING INC
IRS990/BooksInCareOfDetail/PhoneNum03175542100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02498 PERRY CROSSING WAY 260
IRS990/BooksInCareOfDetail/USAddress/CityNm0PLAINFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046168
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0355238
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0386891
IRS990/CYOtherExpensesAmt0644151
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0223768
IRS990/CYRevenuesLessExpensesAmt0-65934
IRS990/CYSalariesCompEmpBnftPaidAmt032442
IRS990/CYTotalExpensesAmt0676593
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0610659
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt08125
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0PROVIDED AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES. COMMUNITY REINVESTMENT FOUNDATION III, INC. OWNS AND OPERATES A 48 UNIT APARTMENT COMMUNITY LOCATED IN BEDFORD, INDIANA. THE RENTS CHARGED TO LOW-INCOME PERSONS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0RAINBOW HILLS APARTMENTS
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0676593
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013388
IRS990/FeesForServicesAccountingGrp/TotalAmt013388
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0944
IRS990/FeesForServicesLegalGrp/TotalAmt0944
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017047
IRS990/FeesForServicesManagementGrp/TotalAmt017047
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt08399
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM SHROUT
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM PAINO
IRS990/Form990PartVIISectionAGrp/PersonNm3ADAM BOCIK
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM TIBBETS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0288123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0386704
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02600000
IRS990/GrossReceiptsAmt02823955
IRS990/GroupExemptionNum05168
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023556
IRS990/InsuranceGrp/TotalAmt023556
IRS990/IntangibleAssetsGrp/BOYAmt05304
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt016671
IRS990/InterestGrp/TotalAmt016671
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0187
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0545433
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02213296
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0945380
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt065934
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0386704
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0386704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt065934
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt03767
IRS990/OfficeExpensesGrp/TotalAmt03767
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0136120
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINT SUPPLIES & CONTRA
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt050961
IRS990/OtherExpensesGrp/ProgramServicesAmt124487
IRS990/OtherExpensesGrp/ProgramServicesAmt28326
IRS990/OtherExpensesGrp/ProgramServicesAmt33876
IRS990/OtherExpensesGrp/TotalAmt050961
IRS990/OtherExpensesGrp/TotalAmt124487
IRS990/OtherExpensesGrp/TotalAmt28326
IRS990/OtherExpensesGrp/TotalAmt33876
IRS990/OtherLiabilitiesGrp/BOYAmt014692
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt030245
IRS990/OtherSalariesAndWagesGrp/TotalAmt030245
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0476621
IRS990/PaymentsToAffiliatesGrp/TotalAmt0476621
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02197
IRS990/PayrollTaxesGrp/TotalAmt02197
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DAVID COOPER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0AFFORDABLE HOUSING RENTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0219669
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0219669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14099
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0426
IRS990/PYOtherExpensesAmt0260807
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0355648
IRS990/PYRevenuesLessExpensesAmt046865
IRS990/PYSalariesCompEmpBnftPaidAmt048402
IRS990/PYTotalExpensesAmt0309209
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0356074
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-65934
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0223768
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0223768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0355648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0353400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0345340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0336837
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01614993
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0426
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0187
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0426
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02863
IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00180
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99820
IRS990ScheduleA/PublicSupportPY509Pct00.99820
IRS990ScheduleA/PublicSupportTotal509Amt01614993
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0223768
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0355648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0353400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0345340
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0336837
IRS990ScheduleA/Total509Grp/TotalAmt01614993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0223955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0356074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0354519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0346031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0337277
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01617856
IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0133303
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0144820
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08399
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID COOPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0296522
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION FOR TOP MANAGEMENT POSITIONS, EXCLUSIVE OF THE PRESIDENT, IS PRESENTED TO THE BOARD OF DIRECTORS BY RECOMMENDATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS AFTER THE PRESIDENT THROUGH THE ANNUAL BUDGETING PROCESS. COMPENSATION FOR CONSIDERATION OF COMPENSATION PAID BY COMPARABLE ORGANIZATIONS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A RELATED PARTY MANAGEMENT AGENT IS PAID A FEE BASED ON A PERCENTAGE OF INCOME COLLECTIONS, AS APPROVED BY THE BOARD OF DIRECTORS, TO MANAGE THE DAY TO DAY OPERATIONS OF THE APARTMENT COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY STAFF IN CONJUNCTION WITH OUR CERTIFIED PUBLIC ACCOUNTING FIRM AND REVIEWED BY LEGAL COUNSEL. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE PRESIDENT AND DIRECTOR OF ACCOUNTING SERVICES FOR ACCURACY. THE PRESIDENT MEETS WITH THE REMAINING OFFICERS OF THE CORPORATION FOR REVIEW. THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR COMMENT BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION HAS WRITTEN CONFLICT OF INTEREST POLICY THAT IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. ANNUALLY ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT ADDRESSES POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION FOR TOP MANAGEMENT POSITIONS, EXCLUSIVE OF THE PRESIDENT, IS PRESENTED TO THE BOARD OF DIRECTORS BY RECOMMENDATION OF THE PRESIDENT THROUGH THE ANNUAL BUDGETING PROCESS. COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS AFTER CONSIDERING COMPENSATION PAID BY COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION PROVIDES COPIES OF FORM 1023, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DAVID COOPER - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. TIM SHROUT - 170 N. PERRY ROAD, STE. 198, PLAINFIELD, IN 46168. TIM PAINO - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. ADAM BOCIK - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168. WILLIAM TIBBETS - 2498 PERRY CROSSING WAY #260, PLAINFIELD, IN 46168.
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 VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd9N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd10N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd11N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd12N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CRF AFFORDABLE HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1COMM REINVESTMENT FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CRF I CHATEAU APTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3CRF II CLOVERLEAF APTS I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4CRF IV BLUERIDGE TERRACE APTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5CRF VII LEBANON MANOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6CRF X CLOVERLEAF APTS III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7CRF XII PROV PL BLOOM I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8CRF XIV PROV PL BLOOM II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9CRF XV PROV PL MARION II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10CRF XV PROV PL MARION III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11CRF IX BEECH GROVE VILLAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12CRF XI PROV PL MARION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0474379637
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1351856444
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2351870895
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3351870897
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4351870899
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5351986791
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6351986796

Document Assets

No mirrored PDF or thumbnail assets are attached yet.