Civic Intelligence

Brementowne Manor Inc.

990 • Fiscal year 2019 • EIN 36-3070170

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 03, 2020

Organization ProfileN/A
16130 Oak Park AvenueTinley Park, IL 60477

(708) 429-4088

Siviq Scores

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

Liabilities / Assets

94th percentile

1.08x

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

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

Liabilities / Revenue

93rd percentile

4.08x

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

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

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

29th percentile

-1.8%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

39th percentile

0.1%

Faster revenue growth than 39% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$5,189,709

Down $93,296 (-1.8%) from 2018

Net Assets

Up

-$412,964

Up $42,008 (+9.2%) from 2018

Liabilities

Down

$5,602,673

Down $135,304 (-2.4%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin51st percentile

Revenue

Up

$1,372,603

Up $1,741 (+0.1%) from 2018

Expenses

Down

$1,330,595

Down $24,277 (-1.8%) from 2018

Net Income

Up

$42,008

Up $26,018 (+163%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $5,463,836Liabilities 2015: $6,100,274Net Assets 2015: -$636,4382015Assets 2016: $5,432,809Liabilities 2016: $5,955,142Net Assets 2016: -$522,3332016Assets 2017: $5,568,950Liabilities 2017: $6,039,912Net Assets 2017: -$470,9622017Assets 2018: $5,283,005Liabilities 2018: $5,737,977Net Assets 2018: -$454,9722018Assets 2019: $5,189,709Liabilities 2019: $5,602,673Net Assets 2019: -$412,9642019Assets 2020: $5,113,720Liabilities 2020: $5,455,753Net Assets 2020: -$342,0332020Assets 2021: $5,123,966Liabilities 2021: $5,318,290Net Assets 2021: -$194,3242021Assets 2022: $5,042,608Liabilities 2022: $5,170,946Net Assets 2022: -$128,3382022Assets 2023: $5,047,419Liabilities 2023: $5,049,701Net Assets 2023: -$2,2822023Assets 2024: $4,989,535Liabilities 2024: $4,988,301Net Assets 2024: $1,2342024

Highlighted filing

2019

Assets$5,189,709
Liabilities$5,602,673
Net Assets-$412,964
Open 2019 Filing

Operations Trend

Revenue Growth39th percentile

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

$2.0M$1.5M$1.0M$500K$0Revenue 2015: $1,313,815Expenses 2015: $1,250,011Net Income 2015: $63,8042015Revenue 2016: $1,385,065Expenses 2016: $1,270,960Net Income 2016: $114,1052016Revenue 2017: $1,356,033Expenses 2017: $1,304,662Net Income 2017: $51,3712017Revenue 2018: $1,370,862Expenses 2018: $1,354,872Net Income 2018: $15,9902018Revenue 2019: $1,372,603Expenses 2019: $1,330,595Net Income 2019: $42,0082019Revenue 2020: $1,407,661Expenses 2020: $1,336,730Net Income 2020: $70,9312020Revenue 2021: $1,469,153Expenses 2021: $1,321,444Net Income 2021: $147,7092021Revenue 2022: $1,451,147Expenses 2022: $1,385,161Net Income 2022: $65,9862022Revenue 2023: $1,574,489Expenses 2023: $1,448,433Net Income 2023: $126,0562023Revenue 2024: $1,739,973Expenses 2024: $1,736,457Net Income 2024: $3,5162024

Highlighted filing

2019

Revenue$1,372,603
Expenses$1,330,595
Net Income$42,008
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 3, 2020
Return Version
2019v5.1
Gross Receipts
$1,372,603
Mission and Program Overview

Mission

Operation of a retirement community 106 unit multifamily project under section 202 of the housing act of 1959 with a section 8 housing assistance contract

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,834,877$4,699,783▼ $135,094
Investments Program Related$241,358$313,338▲ $71,980
Cash and Non-Interest-Bearing Accounts$61,270$43,812▼ $17,458
Prepaid Expenses and Deferred Charges$11,786$5,032▼ $6,754
Accounts Receivable$2$0▼ $2
Total Assets$5,283,005$5,189,709▼ $93,296
Other Assets Total$133,712$127,744▼ $5,968
Liabilities
Unsecured Notes Loans Payable$4,590,552$4,466,532▼ $124,020
Other Liabilities$1,117,257$1,109,273▼ $7,984
Accounts Payable and Accrued Expenses$30,168$26,868▼ $3,300
Total Liabilities$5,737,977$5,602,673▼ $135,304
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-454,972$-412,964▲ $42,008
Total Net Assets Fund Balance$-454,972$-412,964▲ $42,008
Total Liabilities and Net Assets / Fund Balance$5,283,005$5,189,709▼ $93,296

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$31,468--
Buildings$4,212,143$5,284,027-
Land$315,000--
Equipment$172,640$853,433-
Other Assets Org$35,248--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Carlen SellersPresident
Richard ButerbaughVice President/secretary
Carmen MartinezDirector
Doc JohnsonDirector
Jacquelyne GuyDirector
Karen HouseholterDirector
Mark WaldenDirector
Sharon PedigoDirector
Sister Gael GenslerDirector
Daniel CoyneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,360,825
Investment Income
$563
Other Revenue
$11,215
Change in Net Assets
$42,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,372,603
Total Revenue per Audited Statements
$1,372,603
Total Revenue per Form 990
$1,372,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$869,847
Salaries, Compensation, and Employee Benefits$460,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$232,285$126,395$0$358,680
Depreciation Depletion$304,564$0$0$304,564
Interest$179,594$0$0$179,594
All Other Expenses$171,827$0$0$171,827
Other Employee Benefits$51,771$28,168$0$79,939
Insurance$40,161$0$0$40,161
Office Expenses$0$22,957$0$22,957
Other Expenses$22,753$0$0$22,753
Payroll Taxes$14,330$7,799$0$22,129
Fees for Services Accounting$0$9,985$0$9,985
Total Functional Expenses$1,044,218$286,377$0$1,330,595

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,330,595
Total Expenses per Audited Statements$1,330,595
Total Expenses per Form 990$1,330,595
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
Liability - Green Grant$985,314
Miscellaneous Liabilities$66,504
Tenant Deposits Held in Trust$35,089
Accrued Interest Payable$14,777
Accrued Management Fee$7,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Brementowne Manor
EIN
36-3070170
Phone
7084294088
Address
16130 OAK PARK AVENUE, TINLEY PARK, IL 60477

Signing Officer

Name
Carlen Sellers
Title
President
Phone
7084294088
Signed
2020-06-03

Organization Details

Principal Officer
Richard Buterbaugh
Formed
1980
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
20
Volunteers
20

Preparer

Firm
Arthur P Donner CPA
Address
760 NORTH FRONTAGE RD SUITE 105, WILLOWBROOK, IL 60527
Preparer
Arthur P Donner
Phone
6307896709
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

“Copies of governing documents and financial statements are provided upon request. The organization does not currenly have a written conflict of interest policy.”

Pt VI, Line 6

“The organization is an corporation with a board charged with governance”

Pt VI, Line 7A

“SEE PART VII, SECTION A, Line 1a”

Pt VI, Line 11B

“A draft of form 990 is provided to board members for their review”

Pt VI, Line 15A

“SEE RESPONSE to PART VII, SECTION A, Line 1a”

Pt VI, Line 15B

“SEE RESPONSE to PART VII, SECTION a, line 1a”

Form 990, Part IX, Line 24E

“Utilities 70151. 70151. 0. 0.”

Form 990, Part IX, Line 24E

“Contracts 47722. 47722. 0. 0.”

Form 990, Part IX, Line 24E

“Trash removal 8475. 8475. 0. 0.”

Form 990, Part IX, Line 24E

“HVAC 1324. 1324. 0. 0.”

Form 990, Part IX, Line 24E

“Snow removal 8664. 8664. 0. 0.”

Form 990, Part IX, Line 24E

“Misc. Operating expenses 10817. 10817. 0. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous taxes & licenses 2974. 2974. 0. 0.”

Form 990, Part IX, Line 24E

“Supplies 21700. 21700. 0. 0.”

Raw XML AppendixShowing 400 of 503 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/BOYAmt030168
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026868
IRS990/AccountsReceivableGrp/BOYAmt02
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A RETIREMENT COMMUNITY 106 UNIT MULTIFAMILY PROJECT UNDER SECTION 202 OF THE HOUSING ACT OF 1959 WITH A SECTION 8 HOUSING ASSISTANCE CONTRACT
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0171827
IRS990/AllOtherExpensesGrp/TotalAmt0171827
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THURSTON WOODS VILLAGE
IRS990/BooksInCareOfDetail/PhoneNum02696517841
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0307 NFRANKS AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0STURGIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049091
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt061270
IRS990/CashNonInterestBearingGrp/EOYAmt043812
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0563
IRS990/CYOtherExpensesAmt0869847
IRS990/CYOtherRevenueAmt011215
IRS990/CYProgramServiceRevenueAmt01360825
IRS990/CYRevenuesLessExpensesAmt042008
IRS990/CYSalariesCompEmpBnftPaidAmt0460748
IRS990/CYTotalExpensesAmt01330595
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01372603
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0304564
IRS990/DepreciationDepletionGrp/TotalAmt0304564
IRS990/Desc0OPERATION OF A MULTI-FAMILTY PROJECT UNDER SECTION 202 OF THE HOUSING ACT OF 1959 WITH SECTION 8 HOUSING ASSISTANCE PAYMENTS CONTRACTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01044218
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09985
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt09985
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0CARLEN SELLERS
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD BUTERBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm2SHARON PEDIGO
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK WALDEN
IRS990/Form990PartVIISectionAGrp/PersonNm4JACQUELYNE GUY
IRS990/Form990PartVIISectionAGrp/PersonNm5SISTER GAEL GENSLER
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL COYNE
IRS990/Form990PartVIISectionAGrp/PersonNm7KAREN HOUSEHOLTER
IRS990/Form990PartVIISectionAGrp/PersonNm8DOC JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm9CARMEN MARTINEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01372603
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt040161
IRS990/InsuranceGrp/TotalAmt040161
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0179594
IRS990/InterestGrp/TotalAmt0179594
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0563
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0241358
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0313338
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06137460
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04834877
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04699783
IRS990/LandBldgEquipCostOrOtherBssAmt010837243
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A RETIREMENT COMMUNITY 106 UNIT MULTIFAMILY PROJECT UNDER SECTION 202 OF THE HOUSING ACT OF 1959 WITH A SECTION 8 HOUSING ASSISTANCE CONTRACT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-454972
IRS990/NetAssetsOrFundBalancesEOYAmt0-412964
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-454972
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-412964
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022957
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt022957
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0133712
IRS990/OtherAssetsTotalGrp/EOYAmt0127744
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028168
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051771
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079939
IRS990/OtherExpensesGrp/Desc0OTHER ELDERLY CARE EXPENSE
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE RENT FREE UNIT
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt191073
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt013629
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt213304
IRS990/OtherExpensesGrp/ProgramServicesAmt322753
IRS990/OtherExpensesGrp/TotalAmt013629
IRS990/OtherExpensesGrp/TotalAmt191073
IRS990/OtherExpensesGrp/TotalAmt213304
IRS990/OtherExpensesGrp/TotalAmt322753
IRS990/OtherLiabilitiesGrp/BOYAmt01117257
IRS990/OtherLiabilitiesGrp/EOYAmt01109273
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011215
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011215
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt011215
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126395
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0232285
IRS990/OtherSalariesAndWagesGrp/TotalAmt0358680
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07799
IRS990/PayrollTaxesGrp/ProgramServicesAmt014330
IRS990/PayrollTaxesGrp/TotalAmt022129
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011786
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05032
IRS990/PrincipalOfficerNm0RICHARD BUTERBAUGH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01360825
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0168
IRS990/PYOtherExpensesAmt0910055
IRS990/PYOtherRevenueAmt011227
IRS990/PYProgramServiceRevenueAmt01359467
IRS990/PYRevenuesLessExpensesAmt015990
IRS990/PYSalariesCompEmpBnftPaidAmt0444817
IRS990/PYTotalExpensesAmt01354872
IRS990/PYTotalRevenueAmt01370862
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt042008
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt01372603
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: LAUNDRY AND OTHER 2015: 9778. 2016: 15546. 2017: 9742. 2018: 10569. 2019: 11215. Description: GREEN RETROFIT PROGRAM 2015: 40. 2016: 47. 2017: 16. 2018: 658. 2019: 0. Description: DEVELOPER FEE 2016: 44937. 2017: 0. 2018: 0. 2019: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Other Income Part III, Line 12 Description: LAUNDRY AND OTHER 2015: 9778. 2016: 15546. 2017: 9742. 2018: 10569. 2019: 11215. Description: GREEN RETROFIT PROGRAM 2015: 40. 2016: 47. 2017: 16. 2018: 658. Description: DEVELOPER FEE 2016: 44937. 2017: 0. 2018: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01360825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01359467
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01346157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01324333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01302997
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06693779
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0202
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02051
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt011215
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt011227
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09758
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt060530
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09818
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0102548
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.98460
IRS990ScheduleA/PublicSupportPY509Pct00.98440
IRS990ScheduleA/PublicSupportTotal509Amt06693779
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01360825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01359467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01346157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01324333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01302997
IRS990ScheduleA/Total509Grp/TotalAmt06693779
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06798378
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04212143
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05284027
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09496170
IRS990ScheduleD/EquipmentGrp/BookValueAmt0172640
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0853433
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01026073
IRS990ScheduleD/ExpensesSubtotalAmt01330595
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt018093
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1263755
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt222
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt331468
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt0315000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0315000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt092496
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt135248
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CAPITALIZED COSTS,NET OF AMORTIZATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07589
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt266504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt335089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4985314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MANAGEMENT FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MISCELLANEOUS LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4LIABILITY - GREEN GRANT
IRS990ScheduleD/RevenueSubtotalAmt01372603
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04699783
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0127744
IRS990ScheduleD/TotalBookValueProgramRltdAmt0313338
IRS990ScheduleD/TotalExpensesPerForm990Amt01330595
IRS990ScheduleD/TotalLiabilityAmt01109273
IRS990ScheduleD/TotalRevenuePerForm990Amt01372603
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01372603
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01330595
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. THE ORGANIZATION DOES NOT CURRENLY HAVE A WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS AN CORPORATION WITH A BOARD CHARGED WITH GOVERNANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEE PART VII, SECTION A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE RESPONSE to PART VII, SECTION A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEE RESPONSE to PART VII, SECTION a, line 1a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UTILITIES 70151. 70151. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRACTS 47722. 47722. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRASH REMOVAL 8475. 8475. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9HVAC 1324. 1324. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SNOW REMOVAL 8664. 8664. 0. 0.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,189,709
Liabilities
$5,602,673
Net assets
-$412,964
Revenue
$1,372,603
Expenses
$1,330,595
Net income
$42,008
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.99$4.99$0.00$1.74$1.74$0.00
2023Detailed filing. Detailed filing data is available for this year.$5.05$5.05$0.00$1.57$1.45$0.13
2022Detailed filing. Detailed filing data is available for this year.$5.04$5.17$0.13$1.45$1.39$0.07
2021Detailed filing. Detailed filing data is available for this year.$5.12$5.32$0.19$1.47$1.32$0.15
2020Detailed filing. Detailed filing data is available for this year.$5.11$5.46$0.34$1.41$1.34$0.07
2019Detailed filing. Detailed filing data is available for this year.$5.19$5.60$0.41$1.37$1.33$0.04
2018Detailed filing. Detailed filing data is available for this year.$5.28$5.74$0.45$1.37$1.35$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.57$6.04$0.47$1.36$1.30$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.43$5.96$0.52$1.39$1.27$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.46$6.10$0.64$1.31$1.25$0.06