Civic Intelligence

Marian Park Inc.

990 • Fiscal year 2019 • EIN 36-2750105

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 21, 2020

1600 Broadway Suite 2000Denver, CO 80202-5704

(303) 830-3300

Siviq Scores

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

Liabilities / Assets

98th percentile

1.92x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

3.51x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$342,221

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

51st percentile

3.4%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,851,393

Up $191,827 (+3.4%) from 2018

Net Assets

Up

-$5,399,278

Up $360,396 (+6.3%) from 2018

Liabilities

Down

$11,250,671

Down $168,569 (-1.5%) from 2018

Revenue

Up

$3,207,425

Up $376,828 (+13%) from 2018

Expenses

Up

$2,835,328

Up $76,376 (+2.8%) from 2018

Net Income

Up

$372,097

Up $300,452 (+419%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2010: $3,386,787Liabilities 2010: $3,248,844Net Assets 2010: $137,9432010Assets 2011: $3,276,670Liabilities 2011: $3,091,961Net Assets 2011: $184,7092011Assets 2012: $3,101,908Liabilities 2012: $2,863,627Net Assets 2012: $238,2812012Assets 2013: $2,984,188Liabilities 2013: $2,634,991Net Assets 2013: $349,1972013Assets 2014: $10,969,469Liabilities 2014: $12,495,010Net Assets 2014: -$1,525,5412014Assets 2015: $6,905,977Liabilities 2015: $12,154,628Net Assets 2015: -$5,248,6512015Assets 2016: $6,990,551Liabilities 2016: $12,164,963Net Assets 2016: -$5,174,4122016Assets 2017: $5,997,324Liabilities 2017: $11,863,461Net Assets 2017: -$5,866,1372017Assets 2018: $5,659,566Liabilities 2018: $11,419,240Net Assets 2018: -$5,759,6742018Assets 2019: $5,851,393Liabilities 2019: $11,250,671Net Assets 2019: -$5,399,2782019Assets 2020: $5,528,369Liabilities 2020: $11,062,464Net Assets 2020: -$5,534,0952020Assets 2021: $5,363,170Liabilities 2021: $11,346,921Net Assets 2021: -$5,983,7512021Assets 2022: $5,396,651Liabilities 2022: $11,027,293Net Assets 2022: -$5,630,6422022Assets 2023: $5,249,796Liabilities 2023: $10,804,896Net Assets 2023: -$5,555,1002023Assets 2024: $5,636,401Liabilities 2024: $10,728,305Net Assets 2024: -$5,091,9042024

Highlighted filing

2019

Assets$5,851,393
Liabilities$11,250,671
Net Assets-$5,399,278

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,603,9242010Expenses 2011: $1,719,4342011Expenses 2012: $1,738,8842012Expenses 2013: $1,742,5452013Revenue 2014: $2,145,868Expenses 2014: $4,020,606Net Income 2014: -$1,874,7382014Revenue 2015: $2,467,203Expenses 2015: $6,190,313Net Income 2015: -$3,723,1102015Revenue 2016: $2,706,140Expenses 2016: $2,631,901Net Income 2016: $74,2392016Revenue 2017: $2,598,614Expenses 2017: $2,949,631Net Income 2017: -$351,0172017Revenue 2018: $2,830,597Expenses 2018: $2,758,952Net Income 2018: $71,6452018Revenue 2019: $3,207,425Expenses 2019: $2,835,328Net Income 2019: $372,0972019Revenue 2020: $3,041,003Expenses 2020: $2,913,301Net Income 2020: $127,7022020Revenue 2021: $3,104,809Expenses 2021: $3,282,322Net Income 2021: -$177,5132021Revenue 2022: $3,166,261Expenses 2022: $2,775,368Net Income 2022: $390,8932022Revenue 2023: $3,197,607Expenses 2023: $2,866,504Net Income 2023: $331,1032023Revenue 2024: $3,714,082Expenses 2024: $2,988,150Net Income 2024: $725,9322024

Highlighted filing

2019

Revenue$3,207,425
Expenses$2,835,328
Net Income$372,097
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 21, 2020
Return Version
2019v5.1
Gross Receipts
$3,207,425
Mission and Program Overview

Mission

Marian Park, Inc. (the "Corporation") was organized April 26, 1972, as an Illinois non-stock, nonprofit organization for the purpose of constructing and operating a rental housing project under section 236 of the National Housing Act. Such projects are regulated by HUD as to rent charges and operating methods. The project consists of 210 units located in Wheaton, Illinois and is currently operating under the name Marian Park, Inc. (the Property).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,684,573$4,426,251▼ $258,322
Investments Program Related$613,129$675,309▲ $62,180
Cash and Non-Interest-Bearing Accounts$196,477$545,675▲ $349,198
Accounts Receivable$35,868$63,074▲ $27,206
Prepaid Expenses and Deferred Charges$50,748$55,594▲ $4,846
Total Assets$5,659,566$5,851,393▲ $191,827
Other Assets Total$78,771$85,490▲ $6,719
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,765,660$10,592,413▼ $173,247
Accounts Payable and Accrued Expenses$522,806$547,784▲ $24,978
Other Liabilities$92,263$76,450▼ $15,813
Deferred Revenue$38,511$34,024▼ $4,487
Total Liabilities$11,419,240$11,250,671▼ $168,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,759,674$-5,399,278▲ $360,396
Total Net Assets Fund Balance$-5,759,674$-5,399,278▲ $360,396
Total Liabilities and Net Assets / Fund Balance$5,659,566$5,851,393▲ $191,827

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,496,792$1,381,137$4,877,929
Equipment$207,969$2,469,860$2,677,829
Leasehold Improvements$535,491$728,239$1,263,730
Land$185,145-$185,145
Other Land Buildings$854$51,590$52,444
Investment Program Related Org$478,166--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kassidi BoeningDirector$135,527$135,527
Joe RosenblumDirector/ Secretary$117,070$117,070

Board Members and Trustees

NameTitle
Melissa ClaytonDirector/president
Bruce SaabDirector/ Vice President
Steve SpearsVice President
Ron JacksonDirector
Vince DoddsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$155,197
Program Service Revenue
$3,052,037
Investment Income
$191
Other Revenue
$0
Change in Net Assets
$372,097

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,207,425
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,207,425
Total Revenue per Form 990
$3,207,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,702,454
Salaries, Compensation, and Employee Benefits$132,874
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$530,744--$530,744
Fees for Services Management$340,762--$340,762
Depreciation Depletion$321,690--$321,690
Occupancy$239,263--$239,263
Other Salaries and Wages$132,874--$132,874
Insurance$110,080--$110,080
Office Expenses$51,462--$51,462
Fees for Services Accounting-$38,020-$38,020
Other Expenses$125,621$30,000-$30,000
All Other Expenses$25,037--$25,037
Conferences and Meetings$6,502--$6,502
Fees for Services Legal$3,676--$3,676
Advertising$3,230--$3,230
Total Functional Expenses$2,767,308$68,020$0$2,835,328

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,835,328
Total Expenses per Audited Statements$2,835,328
Total Expenses per Form 990$2,835,328
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$76,450
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Marian park, inc. Is a nonstock, nonprofit corporation with mercy housing wheaton, inc. As the sole member.

Form 990, Part VI, Section A, Line 7A

The board of trustees of mercy housing, inc. Has authority over marian park, inc. In various aspects of operations and management. The reserved rights held by the mercy housing board of trustees, which may be further delegated to the president and ceo of mercy housing, inc., include approval of the following activities: revisions to articles and bylaws; mergers and acquisitions; establishment of new entities; pledging, mortgaging or disposing of all or substantially all assets; obligations of new operating and mortgage debt; and, appointment or removal of governing board members and officers

Form 990, Part VI, Section A, Line 7B

SAME AS LINE 7A.

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

Each member is given the opportunity to review the return before it is filed.

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

The audit committee of mercy housing, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.

Form 990, Part VI, Section B, Line 15

The process for determining compensation for the president, chairman, officers, and directors is determined by the executive committee of the board. To ensure competitiveness, wages are compared to other affordable housing organizations, both for- and not-for-profit, or the local market for positions applicable to a broader competitive market. Mercy housing, inc. Will comply with all applicable federal and state labor laws and regulations. The process will be administered according to the relevant human resource operational policies and by the human resource department with direction from the senior leadership team. The ceo will make a report to the board of trustees on implementation of the wage and benefit program annually. Periodically the executive committee within the mercy housing, inc. Board of trustees will review executive salaries to ensure competitiveness and reasonableness with external markets and for internal equity in relation to general employee wages and benefits, individual and organizational performance, and the financial resources of the organization.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Marian Park Inc
EIN
36-2750105
Phone
3038303300
Address
1600 BROADWAY SUITE 2000, DENVER, CO 80202-5704

Signing Officer

Name
Steve Spears
Title
Vice President
Phone
3038303300
Signed
2020-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Clayton
Formed
1972
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
525 NORTH TRYON STREET, CHARLOTTE, NC 28202
Preparer
Kathy Blackburn
Phone
7043329100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Distributions to mercy housing wheaton -11,701.

FORM 990, PART XII, LINE 2C:

Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the mercy housing, inc. Board of trustees.

Financial Statement Notes

PART X, LINE 2:

The corporation has elected tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2019. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the internal revenue service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2016 remain open.

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MARIAN PARK, INC. (THE "CORPORATION") WAS ORGANIZED APRIL 26, 1972, AS AN ILLINOIS NON-STOCK, NONPROFIT ORGANIZATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 236 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT CONSISTS OF 210 UNITS LOCATED IN WHEATON, ILLINOIS AND IS CURRENTLY OPERATING UNDER THE NAME MARIAN PARK, INC. (THE PROPERTY).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010765660
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010592413
IRS990/NetAssetsOrFundBalancesBOYAmt0-5759674
IRS990/NetAssetsOrFundBalancesEOYAmt0-5399278
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-5759674
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5399278
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0239263
IRS990/OccupancyGrp/TotalAmt0239263
IRS990/OfficeExpensesGrp/ProgramServicesAmt051462
IRS990/OfficeExpensesGrp/TotalAmt051462
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078771
IRS990/OtherAssetsTotalGrp/EOYAmt085490
IRS990/OtherChangesInNetAssetsAmt0-11701
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/Desc2NURSING & OTHER ELDERLY
IRS990/OtherExpensesGrp/Desc3MORTGAGOR ENTITY EXPENS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030000
IRS990/OtherExpensesGrp/ProgramServicesAmt0530394
IRS990/OtherExpensesGrp/ProgramServicesAmt1345973
IRS990/OtherExpensesGrp/ProgramServicesAmt2125621
IRS990/OtherExpensesGrp/TotalAmt0530394
IRS990/OtherExpensesGrp/TotalAmt1345973
IRS990/OtherExpensesGrp/TotalAmt2125621
IRS990/OtherExpensesGrp/TotalAmt330000
IRS990/OtherLiabilitiesGrp/BOYAmt092263
IRS990/OtherLiabilitiesGrp/EOYAmt076450
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132874
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132874
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050748
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055594
IRS990/PrincipalOfficerNm0MELISSA CLAYTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1ANCILLARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02979182
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt172855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02979182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172855
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0153
IRS990/PYOtherExpensesAmt02620121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02830444
IRS990/PYRevenuesLessExpensesAmt071645
IRS990/PYSalariesCompEmpBnftPaidAmt0138831
IRS990/PYTotalExpensesAmt02758952
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02830597
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0372097
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0155197
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt03052037
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. THESE ANCILLARY SERVICES ARE REPORTED AS PROGRAM SERVICE REVENUE FOR 12/31/2019 YEAR END.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0155197
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125347
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0280544
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0153
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0282
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0219
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03052037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02830444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01308986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02598332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02662011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012451810
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0282
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0219
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0909
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt043910
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043910
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99650
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt012732354
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03207234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02830444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01434333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02598332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02662011
IRS990ScheduleA/Total509Grp/TotalAmt012732354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03207425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02830597
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01434397
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02598614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02706140
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012777173
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03496792
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01381137
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04877929
IRS990ScheduleD/EquipmentGrp/BookValueAmt0207969
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02469860
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02677829
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02835328
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0197143
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1478166
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0185145
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0185145
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0535491
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0728239
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01263730
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051590
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052444
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt076450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03207425
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2016 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04426251
IRS990ScheduleD/TotalBookValueProgramRltdAmt0675309
IRS990ScheduleD/TotalExpensesPerForm990Amt02835328
IRS990ScheduleD/TotalLiabilityAmt076450
IRS990ScheduleD/TotalRevenuePerForm990Amt03207425
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03207425
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02835328
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0135087
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1207663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2177169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3305685
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4183483
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.64$10.7$5.09$3.71$2.99$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$10.8$5.56$3.20$2.87$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$11.0$5.63$3.17$2.78$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$11.3$5.98$3.10$3.28$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.53$11.1$5.53$3.04$2.91$0.13
2019Detailed filing. Detailed filing data is available for this year.$5.85$11.3$5.40$3.21$2.84$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.66$11.4$5.76$2.83$2.76$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$11.9$5.87$2.60$2.95$0.35
2016Detailed filing. Detailed filing data is available for this year.$6.99$12.2$5.17$2.71$2.63$0.07
2015Detailed filing. Detailed filing data is available for this year.$6.91$12.2$5.25$2.47$6.19$3.72
2014Detailed filing. Detailed filing data is available for this year.$11.0$12.5$1.53$2.15$4.02$1.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$2.63$0.35$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$2.86$0.24$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$3.09$0.18$1.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$3.25$0.14$1.60