Civic Intelligence

Seddlemeyer Apartments Inc.

990 • Fiscal year 2020 • EIN 35-2067590

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 13, 2020

Organization ProfileN/A
909 East State BlvdFort Wayne, IN 46805

(260) 481-2700

Siviq Scores

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

Liabilities / Assets

97th percentile

1.53x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

12.34x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

9th percentile

-43%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$186,574

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 190.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

20th percentile

-4.2%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-6.1%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$787,058

Down $34,454 (-4.2%) from 2019

Net Assets

Down

-$420,171

Down $42,196 (-11%) from 2019

Liabilities

Up

$1,207,229

Up $7,742 (+0.6%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$97,850

Down $6,338 (-6.1%) from 2019

Expenses

Up

$140,046

Up $19,205 (+16%) from 2019

Net Income

Down

-$42,196

Down $25,543 (-153%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $948,090Liabilities 2011: $1,209,214Net Assets 2011: -$261,1242011Assets 2012: $926,588Liabilities 2012: $1,212,137Net Assets 2012: -$285,5492012Assets 2013: $898,131Liabilities 2013: $1,211,454Net Assets 2013: -$313,3232013Assets 2014: $878,373Liabilities 2014: $1,211,102Net Assets 2014: -$332,7292014Assets 2015: $865,530Liabilities 2015: $1,211,620Net Assets 2015: -$346,0902015Assets 2016: $849,076Liabilities 2016: $1,210,855Net Assets 2016: -$361,7792016Assets 2017: $855,751Liabilities 2017: $1,206,768Net Assets 2017: -$351,0172017Assets 2018: $843,703Liabilities 2018: $1,205,025Net Assets 2018: -$361,3222018Assets 2019: $821,512Liabilities 2019: $1,199,487Net Assets 2019: -$377,9752019Assets 2020: $787,058Liabilities 2020: $1,207,229Net Assets 2020: -$420,1712020Assets 2021: $756,565Liabilities 2021: $1,210,979Net Assets 2021: -$454,4142021Assets 2022: $718,979Liabilities 2022: $1,221,781Net Assets 2022: -$502,8022022Assets 2023: $672,988Liabilities 2023: $1,218,221Net Assets 2023: -$545,2332023Assets 2024: $642,459Liabilities 2024: $1,203,733Net Assets 2024: -$561,2742024Assets 2025: $634,103Liabilities 2025: $1,200,182Net Assets 2025: -$566,0792025

Highlighted filing

2020

Assets$787,058
Liabilities$1,207,229
Net Assets-$420,171
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$200K$100K$0-$100KExpenses 2011: $116,8142011Expenses 2012: $118,2432012Expenses 2013: $123,6112013Revenue 2014: $96,828Expenses 2014: $116,234Net Income 2014: -$19,4062014Revenue 2015: $101,729Expenses 2015: $115,090Net Income 2015: -$13,3612015Revenue 2016: $103,704Expenses 2016: $119,393Net Income 2016: -$15,6892016Revenue 2017: $156,888Expenses 2017: $146,126Net Income 2017: $10,7622017Revenue 2018: $112,455Expenses 2018: $122,760Net Income 2018: -$10,3052018Revenue 2019: $104,188Expenses 2019: $120,841Net Income 2019: -$16,6532019Revenue 2020: $97,850Expenses 2020: $140,046Net Income 2020: -$42,1962020Revenue 2021: $91,765Expenses 2021: $126,008Net Income 2021: -$34,2432021Revenue 2022: $95,940Expenses 2022: $144,328Net Income 2022: -$48,3882022Revenue 2023: $114,657Expenses 2023: $157,088Net Income 2023: -$42,4312023Revenue 2024: $139,411Expenses 2024: $155,452Net Income 2024: -$16,0412024Revenue 2025: $156,047Expenses 2025: $160,852Net Income 2025: -$4,8052025

Highlighted filing

2020

Revenue$97,850
Expenses$140,046
Net Income-$42,196
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$97,850
Mission and Program Overview

Mission

Provide housing to handicapped individuals

Provide housing to handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$709,557$680,063▼ $29,494
Prepaid Expenses and Deferred Charges$150$2,333▲ $2,183
Accounts Receivable$1,206$1,980▲ $774
Cash and Non-Interest-Bearing Accounts$1,297$250▼ $1,047
Total Assets$821,512$787,058▼ $34,454
Other Assets Total$109,302$102,432▼ $6,870
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,140,200$1,140,200→ $0
Accounts Payable and Accrued Expenses$54,537$63,365▲ $8,828
Other Liabilities$4,750$3,664▼ $1,086
Total Liabilities$1,199,487$1,207,229▲ $7,742
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-377,975$-420,171▼ $42,196
Total Net Assets Fund Balance$-377,975$-420,171▼ $42,196
Total Liabilities and Net Assets / Fund Balance$821,512$787,058▼ $34,454

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$600,063$538,900$1,138,963
Land$80,000-$80,000
Equipment$0$12,605$12,605
Other Assets Org$16,743--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleOtherTotal
Rhonda StieneckerSecretary/treasurer$142,208$142,208
Richard HitePresident$137,762$137,762
Mike VentruellaDirector$62,738$62,738

Board Members and Trustees

NameTitle
Clyde NixVice-president
Clark JonesDirector
Paul WilsonDirector
Tim GallDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$96,719
Investment Income
$8
Other Revenue
$1,123
Change in Net Assets
$-42,196

Audited Revenue Reconciliation

Revenue per Audited Statements
$97,850
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$97,850
Total Revenue per Form 990
$97,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,805
Salaries, Compensation, and Employee Benefits$14,241
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$56,303--$56,303
Depreciation Depletion$30,332--$30,332
Other Salaries and Wages$12,495--$12,495
Fees for Services Management-$8,950-$8,950
Fees for Services Accounting-$8,502-$8,502
Insurance$3,815--$3,815
Payroll Taxes$1,742--$1,742
Other Expenses$800$3,363-$800
Other Employee Benefits$4--$4
Total Functional Expenses$119,231$20,815$0$140,046

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$140,046
Total Expenses per Audited Statements$140,046
Total Expenses per Form 990$140,046
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
Security Deposits$2,679
Deferred Revenue$985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

“The apartments are managed by justus property management, inc.”

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

“The organization has no committees.”

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

“Form 990 is reviewed by the board prior to filing.”

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

“Conflicts of interest are reviewed at board meetings”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Seddlemeyer Inc
EIN
35-2067590
Phone
2604812700
Address
909 EAST STATE BLVD, FORT WAYNE, IN 46805
Doing Business As
Seddlemeyer Apartments

Signing Officer

Name
Clyde Nix
Title
Vice-president
Phone
2604812700
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clyde Nix
Formed
1999
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Brad M Feldman CPA
Phone
3177809850
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If the corporation were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense, and penalties on any income tax would be reported as penalties. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof, as well as other factors. The corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The corporation's management believes it is no longer subject to income tax examinations for years prior to june 30, 2017.”

Raw XML AppendixShowing 400 of 572 raw XML fields

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

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt070
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt096719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0102670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0103199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0102874
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0102945
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0508407
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt070
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01123
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01508
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09222
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt054005
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0751
IRS990ScheduleA/OtherIncome509Grp/TotalAmt066609
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88410
IRS990ScheduleA/PublicSupportPY509Pct00.88510
IRS990ScheduleA/PublicSupportTotal509Amt0508407
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt096719
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0102670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0103199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102945
IRS990ScheduleA/Total509Grp/TotalAmt0508407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt097850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0104188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0112455
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0156888
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0103705
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0575086
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0600063
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0538900
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01138963
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012605
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0140046
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt082823
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216743
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UNAMORTIZED COSTS, NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt097850
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE CORPORATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CORPORATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0680063
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0102432
IRS990ScheduleD/TotalExpensesPerForm990Amt0140046
IRS990ScheduleD/TotalLiabilityAmt03664
IRS990ScheduleD/TotalRevenuePerForm990Amt097850
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt097850
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0140046
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0111684
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1125006
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt118751
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt027585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt111656
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01802
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt13031
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CLYDE NIX
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PAUL WILSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE-PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0186574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1158444
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE APARTMENTS ARE MANAGED BY JUSTUS PROPERTY MANAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE REVIEWED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$787,058
Liabilities
$1,207,229
Net assets
-$420,171
Revenue
$97,850
Expenses
$140,046
Net income
-$42,196
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.63$1.20$0.57$0.16$0.16$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.64$1.20$0.56$0.14$0.16$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.67$1.22$0.55$0.11$0.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.72$1.22$0.50$0.10$0.14$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.76$1.21$0.45$0.09$0.13$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.79$1.21$0.42$0.10$0.14$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.82$1.20$0.38$0.10$0.12$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.84$1.21$0.36$0.11$0.12$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.86$1.21$0.35$0.16$0.15$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.85$1.21$0.36$0.10$0.12$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.87$1.21$0.35$0.10$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.88$1.21$0.33$0.10$0.12$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$1.21$0.31$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$1.21$0.29$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$1.21$0.26$0.12