Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$1,487,552
No earlier filing loaded for comparison.
Net Assets
-$74,571
No earlier filing loaded for comparison.
Liabilities
$1,562,123
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$377,386
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
The organization owns and operates a 22 unit facility for the elderly and disabled pursuant to section 202 of the national housing act.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 6946 |
| IRS990/AccountsReceivable/BOY | 0 | 4938 |
| IRS990/AccountsReceivable/EOY | 0 | 746 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | LOW INCOME HOUSING |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 4950 WEST THOMAS STREET |
| IRS990/AddressPrincipalOfficerUS/City | 0 | CHICAGO |
| IRS990/AddressPrincipalOfficerUS/State | 0 | IL |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 60651 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 7248 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 23607 |
| IRS990/AllOtherExpenses/Total | 0 | 30855 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 1 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | 0 |
| IRS990/BsnssRltnshpWithOrganization | 0 | 0 |
| IRS990/CashNonInterestBearing/BOY | 0 | 21719 |
| IRS990/CashNonInterestBearing/EOY | 0 | 463 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 1 |
| IRS990/ComplianceWithBackupWitholding | 0 | 1 |
| IRS990/ConflictOfInterestPolicy | 0 | 1 |
| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 1 |
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| IRS990/ContributionsGrantsPriorYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DeferredRevenue/BOY | 0 | 7640 |
| IRS990/DeferredRevenue/EOY | 0 | 802 |
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| IRS990/DepreciationDepletion/ProgramServices | 0 | 73950 |
| IRS990/DepreciationDepletion/Total | 0 | 73950 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | THE ORGANIZATION OWNS AND OPERATES A 22 UNIT FACILITY FOR THE ELDERLY AND DISABLED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. |
| IRS990/DisregardedEntity | 0 | 0 |
| IRS990/DocumentRetentionPolicy | 0 | 1 |
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| IRS990/Expense | 0 | 324753 |
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| IRS990/FederalGrantAuditRequired | 0 | 1 |
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| IRS990/FeesForServicesAccounting/Total | 0 | 14926 |
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| IRS990/FeesForServicesManagement/Total | 0 | 12838 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated | 2 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated | 3 | 40.00 |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | HOWARD PIGGEE |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | BRUCE MARTIN |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | LORI R VALLELUNGA PHD |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | SAUL CYVAS |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/Officer | 3 | X |
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| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 6373 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 45 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 160833 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 78167 |
| IRS990/Form990PartVIISectionA/Title | 0 | CHAIRPERSON |
| IRS990/Form990PartVIISectionA/Title | 1 | TREASURER |
| IRS990/Form990PartVIISectionA/Title | 2 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionA/Title | 3 | CHIEF ADMINISTRATIVE OFFICER |
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| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 1 |
| IRS990/FSAuditedBasis/FinancialStatementBoth | 0 | X |
| IRS990/FundraisingActivities | 0 | 0 |
| IRS990/FundsToPayPremiums | 0 | 0 |
| IRS990/Gaming | 0 | 0 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
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| IRS990/GrantsToIndividuals | 0 | 0 |
| IRS990/GrantsToOrganizations | 0 | 0 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
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| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartVI | 0 | X |
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| IRS990/Insurance/Total | 0 | 20430 |
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| IRS990/InvestmentIncome/ExclusionAmount | 0 | 32 |
| IRS990/InvestmentIncomePriorYear | 0 | 27 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 32 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 1125509 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 2357011 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 1264686 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 1231502 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | THE ORGANIZATION OWNS AND OPERATES A 22 UNIT FACILITY FOR THE ELDERLY AND DISABLED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. |
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| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
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| IRS990/MortNotesPyblSecuredInvestProp/EOY | 0 | 1538300 |
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| IRS990/NbrIndependentVotingMembers | 0 | 2 |
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| IRS990/NetAssetsOrFundBalancesEOY | 0 | -74571 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 0 |
| IRS990/NumberIndependentVotingMembers | 0 | 2 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
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| IRS990/OfficeExpenses/Total | 0 | 8065 |
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| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
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| IRS990/OtherAssetsTotal/EOY | 0 | 239290 |
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| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 4322 |
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| IRS990/OtherExpenses/Description | 1 | CONTRACTS |
| IRS990/OtherExpenses/Description | 2 | NURSING HOME/ASSISTED L |
| IRS990/OtherExpenses/Description | 3 | UTILITIES |
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| IRS990/OtherLiabilities/EOY | 0 | 16075 |
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| IRS990/PayrollTaxes/ProgramServices | 0 | 5070 |
| IRS990/PayrollTaxes/Total | 0 | 7720 |
| IRS990/PoliticalActivities | 0 | 0 |
| IRS990/PremiumsPaid | 0 | 0 |
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| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
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| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 531110 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 531110 |
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| IRS990/ProgramServiceRevenue/Description | 0 | TENANT ASSISTANCE PAYM |
| IRS990/ProgramServiceRevenue/Description | 1 | RENT REVENUE |
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| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 941 |
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| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 57154 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 941 |
| IRS990/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990/QuidProQuoContributions | 0 | 0 |
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| IRS990/ReconcilationPriorAdjustment | 0 | -721075 |
| IRS990/ReconcilationRevenueExpenses | 0 | -21928 |
| IRS990/RegularMonitoringEnforcement | 0 | 1 |
| IRS990/RelatedEntity | 0 | 1 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
| IRS990/ReportFin48Footnote | 0 | 1 |
| IRS990/ReportInvestOthSecurities | 0 | 0 |
| IRS990/ReportLandBldgEquip | 0 | 1 |
| IRS990/ReportOtherAssets | 0 | 1 |
| IRS990/ReportOtherLiabilities | 0 | 1 |
| IRS990/ReportProgRelInvest | 0 | 0 |
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| IRS990/RevenuesLessExpensesCY | 0 | -21928 |
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| IRS990/SalariesEtcCurrentYear | 0 | 65247 |
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| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
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| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years | 0 | 32 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years | 0 | 437 |
| IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years | 0 | 1244 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 1772 |
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| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year | 0 | 363331 |
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| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years | 0 | 345515 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years | 0 | 339528 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 1727930 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear | 0 | 32 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year | 0 | 27 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years | 0 | 437 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years | 0 | 1244 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 1772 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00100 |
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| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years | 0 | 38457 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years | 0 | 5149 |
| IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years | 0 | 574 |
| IRS990ScheduleA/OtherIncome509/Total | 0 | 82637 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.95200 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.00180 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.95340 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 1727930 |
| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
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| IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years | 0 | 345515 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 339528 |
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| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 1812339 |
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| IRS990ScheduleD/Equipment/BookValue | 0 | 3148 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 8783 |
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| IRS990ScheduleD/FootnoteInPartXIII | 0 | X |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 25000 |
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| IRS990ScheduleD/LeaseholdImprovements/Depreciation | 0 | 290664 |
| IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis | 0 | 638265 |
| IRS990ScheduleD/OtherAssets/BookValue | 0 | 6226 |
| IRS990ScheduleD/OtherAssets/BookValue | 1 | 222529 |
| IRS990ScheduleD/OtherAssets/BookValue | 2 | 10535 |
| IRS990ScheduleD/OtherAssets/Description | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssets/Description | 1 | REPLACEMENT RESERVES |
| IRS990ScheduleD/OtherAssets/Description | 2 | RESIDUAL RECEIPTS RESERVE |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 47036 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 82043 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 129079 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 4337 |
| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 1203 |
| IRS990ScheduleD/OtherLiabilities/Amount | 2 | 10535 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | ACCRUED PROPERTY MANAGEMENT FEES |
| IRS990ScheduleD/OtherLiabilities/Description | 2 | MISCELLANEOUS LIABILITIES |
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| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 355458 |
| IRS990ScheduleD/TotalBookValueOtherAssets | 0 | 239290 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 377386 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 16075 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 1231502 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 355458 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 377386 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 355458 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 35000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs | 0 | 125833 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation | 0 | COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY A RELATED ORGANIZATION, BETHEL NEW LIFE, INC. (36-3013241). THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE ACTIVITY FOR DETERMINING COMPENSATION IS LED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMPENSATION OF OTHER OFFICERS ARE DETERMINED BY THE PRESIDENT & CEO WHO ARE VESTED WITH THE AUTHORITY TO DETERMINE SUCH SALARIES. TYPICALLY, THE SALARIES REFLECT THE RANGES PORTRAYED IN COMPENSATION STUDIES AND DISCLOSED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference | 0 | PART I, LINE 3 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | LORI R VALLELUNGA PHD |
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| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 0 | PRESIDENT & CEO |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 167206 |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE CORPORATION HAS CONTRACTED WITH A MANAGEMENT AGENT,EVERGREEN REAL ESTATE SERVICES, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. UNDER THE MANAGEMENT AGREEMENT, AS OF JUNE 30, 2013 AND 2012, MANAGEMENT FEES WERE $12,838 AND $12,988, RESPECTIVELY, BASED ON APPROXIMATELY 3.57 PERCENT OF MONTHLY RESIDENTIAL INCOME COLLECTED AND 5 PERCENT OF COMMERCIAL INCOME COLLECTED. AS OF JUNE 30, 2013 AND 2012, PROPERTY MANAGEMENT FEES PAYABLE WERE $1,203 AND $1,236, RESPECTIVELY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE IT IS FILED. THE FINANCE COMMITTEE SERVES AS AUDIT COMMITTEE AND HAS BEEN DESIGNATED AUTHORITY TO APPROVE AUDITS AND TAX RETURNS. THE BOARD TREASURER OR CHAIR SIGNS THE FORM. COPIES WILL THEN BE PROVIDED TO ALL MEMBERS OF THE BOARD. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE POLICY IS REVIEWED AND UPDATED ANNUALLY DURING A BOARD MEETING. COMPLIANCE IS MONITORED AND ENFORCED REGULARLY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY A RELATED ORGANIZATION, BETHEL NEW LIFE, INC. (36-3013241). THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE ACTIVITY FOR DETERMINING COMPENSATION IS LED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMPENSATION OF OTHER OFFICERS ARE DETERMINED BY THE PRESIDENT & CEO WHO ARE VESTED WITH THE AUTHORITY TO DETERMINE SUCH SALARIES. TYPICALLY, THE SALARIES REFLECT THE RANGES PORTRAYED IN COMPENSATION STUDIES AND DISCLOSED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE ORGANIZATION PROVIDES DOCUMENTS TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | 0 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 4950 WEST THOMAS STREET |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 1 | 4950 WEST THOMAS STREET |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 2 | 4950 WEST THOMAS STREET |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 3 | 4950 WEST THOMAS STREET |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | CHICAGO |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 1 | CHICAGO |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 2 | CHICAGO |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 3 | CHICAGO |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 1 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 2 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 3 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 60651 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 1 | 60651 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 2 | 60651 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 3 | 60651 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 1 | 1 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 2 | 1 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 3 | 1 |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA | 0 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 0 | BETHEL NEW LIFE INC |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 1 | BETHEL NEW LIFE INC |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 2 | BETHEL NEW LIFE INC |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 363013241 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 1 | 364372019 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 2 | 363999938 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 3 | 383739932 |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 1 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 2 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 3 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 0 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 1 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 2 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 3 | IL |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | BETHEL NEW LIFE INC |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 1 | BETH-ANNE EXTENDED LIVING |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 2 | BETH-ANNE RESIDENCIES |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 3 | BETHEL ANATHOTH GARDENS NFP |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | TO ENABLE A HEALTHIER AND SUSTAINABLE COMMUNITY OF THE WEST SIDE OF CHICAGO. |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 1 | HOUSING |
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Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.