Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2023 • EIN 36-3712591

Oct 01, 2022 to Sep 30, 2023 • Filed on Jul 01, 2024

5040 North Pulaski RoadChicago, IL 60630

(773) 725-1100

Siviq Scores

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

Liabilities / Assets

97th percentile

1.61x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

7.18x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$322,803

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 61.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

25th percentile

-3.4%

Faster asset growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-4.6%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,333,722

Down $80,983 (-3.4%) from 2022

Net Assets

Down

-$1,430,647

Down $125,933 (-9.7%) from 2022

Liabilities

Up

$3,764,369

Up $44,950 (+1.2%) from 2022

Revenue

Down

$524,041

Down $25,068 (-4.6%) from 2022

Expenses

Up

$738,724

Up $56,055 (+8.2%) from 2022

Net Income

Down

-$214,683

Down $81,123 (-61%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2013: $3,047,191Liabilities 2013: $3,615,599Net Assets 2013: -$568,4082013Assets 2014: $2,936,505Liabilities 2014: $3,551,248Net Assets 2014: -$614,7432014Assets 2015: $2,899,168Liabilities 2015: $3,557,944Net Assets 2015: -$658,7762015Assets 2016: $2,830,971Liabilities 2016: $3,533,432Net Assets 2016: -$702,4612016Assets 2017: $2,733,395Liabilities 2017: $3,481,174Net Assets 2017: -$747,7792017Assets 2018: $2,694,717Liabilities 2018: $3,482,524Net Assets 2018: -$787,8072018Assets 2019: $2,654,047Liabilities 2019: $3,569,789Net Assets 2019: -$915,7422019Assets 2020: $2,553,197Liabilities 2020: $3,520,504Net Assets 2020: -$967,3072020Assets 2021: $2,494,946Liabilities 2021: $3,666,100Net Assets 2021: -$1,171,1542021Assets 2022: $2,414,705Liabilities 2022: $3,719,419Net Assets 2022: -$1,304,7142022Assets 2023: $2,333,722Liabilities 2023: $3,764,369Net Assets 2023: -$1,430,6472023Assets 2024: $2,304,903Liabilities 2024: $3,735,260Net Assets 2024: -$1,430,3572024

Highlighted filing

2023

Assets$2,333,722
Liabilities$3,764,369
Net Assets-$1,430,647

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $558,9052013Revenue 2014: $581,520Expenses 2014: $627,855Net Income 2014: -$46,3352014Revenue 2015: $570,540Expenses 2015: $614,573Net Income 2015: -$44,0332015Revenue 2016: $583,130Expenses 2016: $626,815Net Income 2016: -$43,6852016Revenue 2017: $581,056Expenses 2017: $626,374Net Income 2017: -$45,3182017Revenue 2018: $578,273Expenses 2018: $618,301Net Income 2018: -$40,0282018Revenue 2019: $573,993Expenses 2019: $701,928Net Income 2019: -$127,9352019Revenue 2020: $570,296Expenses 2020: $621,861Net Income 2020: -$51,5652020Revenue 2021: $565,786Expenses 2021: $769,633Net Income 2021: -$203,8472021Revenue 2022: $549,109Expenses 2022: $682,669Net Income 2022: -$133,5602022Revenue 2023: $524,041Expenses 2023: $738,724Net Income 2023: -$214,6832023Revenue 2024: $634,522Expenses 2024: $634,232Net Income 2024: $2902024

Highlighted filing

2023

Revenue$524,041
Expenses$738,724
Net Income-$214,683
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jul 1, 2024
Return Version
2022v5.0
Gross Receipts
$524,041
Mission and Program Overview

Mission

Provide low-income elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,856,614$1,818,246▼ $38,368
Accounts Receivable$26,940$346,549▲ $319,609
Cash and Non-Interest-Bearing Accounts$162,605$38,648▼ $123,957
Total Assets$2,414,705$2,333,722▼ $80,983
Other Assets Total$368,546$130,279▼ $238,267
Liabilities
Other Liabilities$3,477,484$3,477,114▼ $370
Accounts Payable and Accrued Expenses$238,428$283,567▲ $45,139
Deferred Revenue$3,507$3,688▲ $181
Total Liabilities$3,719,419$3,764,369▲ $44,950
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,304,714$-1,430,647▼ $125,933
Total Net Assets Fund Balance$-1,304,714$-1,430,647▼ $125,933
Total Liabilities and Net Assets / Fund Balance$2,414,705$2,333,722▼ $80,983

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,447,603$3,214,525$4,662,128
Equipment$123,039$234,019$357,058
Land$247,604-$247,604
Other Assets Org$47,501--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lonneal RichardsonFormer Trustee$63,287$63,287
David HarveyTreasurer$63,145$63,145
James McdowellFormer Asst Treasurer$62,362$62,362
Jonathan RichTrustee$58,106$58,106

Board Members and Trustees

NameTitle
Kenneth G HodderChairman
F Bradford BaileyFormer President
Evelyn a DiazPresident
Steven M HowardVice President
Robert a WebsterTrustee
Dan JenningsAsst Secretary
Julia a TrappAsst Treasurer
Renea SmithFormer Asst Secretary
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$323,332
Program Service Revenue
$200,520
Investment Income
$24
Other Revenue
$165
Change in Net Assets
$-214,683

Audited Revenue Reconciliation

Revenue per Audited Statements
$524,041
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$524,041
Total Revenue per Form 990
$524,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$606,222
Salaries, Compensation, and Employee Benefits$132,502
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$281,247$20,136-$301,383
Depreciation Depletion$178,418--$178,418
Other Salaries and Wages$70,520$43,074-$113,594
Office Expenses$27,854$62,671-$90,525
Fees for Services Management-$22,470-$22,470
Fees for Services Accounting-$10,942-$10,942
Payroll Taxes$10,187--$10,187
Other Employee Benefits$8,721--$8,721
Insurance$2,484--$2,484
Total Functional Expenses$579,431$159,293$0$738,724

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,724
Total Expenses per Audited Statements$738,724
Total Expenses per Form 990$738,724
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
H.u.d. Capital Advance$3,429,670
Misc Current Liabilities$33,001
Tenant Security Deposits$14,443
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Line 3 explanation - the project entered into a management agreement with universal management services, inc. Whereby in return for providing management services to the project.

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

Line 11b explanation - the form 990 is reviewed and approved by the board of directors prior to it being filed.

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

Booth manor, inc. Is an affiliate of salvation army. The conflict of interest policy of the salvation army governs the actions of directors and trustees of booth manor, inc. The following is a description of salvation armys conflict of interest policy: in order to avoid any appearance that the judgment of a salvation army officer or employee has been influenced, it is the policy of the salvation army that salvation army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to the salvation army (referred to in this policy as vendors). No salvation army officer or employee will accept employment by, or act as a consultant to, any vendor. No salvation army officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to the salvation army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (a) legitimate business related meals or (b) entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor. Implementation: all salvation army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of the salvation army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a salvation army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in the salvation army central territory employee manual, and all employees of the salvation army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by the salvation army, up to and including termination.

Form 990, Part VI, Section C, Line 19

Booth manor, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
36-3712591
Phone
7737251100
Address
5040 NORTH PULASKI ROAD, CHICAGO, IL 60630

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Phone
7737251100
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bramwell E Higgins
Formed
1987
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Fin 48 (asc 740) footnote schedule d, part x, line 2 the corporation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of section 501(a) of the code. In the event the corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. The corporation adopted the standard for accounting for uncertainty in income taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

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IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0323332
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0524041
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02484
IRS990/InsuranceGrp/TotalAmt02484
IRS990/InvestmentIncomeGrp/ExclusionAmt024
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03448544
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01856614
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01818246
IRS990/LandBldgEquipCostOrOtherBssAmt05266790
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1304714
IRS990/NetAssetsOrFundBalancesEOYAmt0-1430647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1304714
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1430647
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020136
IRS990/OccupancyGrp/ProgramServicesAmt0281247
IRS990/OccupancyGrp/TotalAmt0301383
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt062671
IRS990/OfficeExpensesGrp/ProgramServicesAmt027854
IRS990/OfficeExpensesGrp/TotalAmt090525
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0368546
IRS990/OtherAssetsTotalGrp/EOYAmt0130279
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08721
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08721
IRS990/OtherLiabilitiesGrp/BOYAmt03477484
IRS990/OtherLiabilitiesGrp/EOYAmt03477114
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0165
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0165
IRS990/OtherRevenueTotalAmt0165
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043074
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt070520
IRS990/OtherSalariesAndWagesGrp/TotalAmt0113594
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt010187
IRS990/PayrollTaxesGrp/TotalAmt010187
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRAMWELL E HIGGINS
IRS990/PriorPeriodAdjustmentsAmt088750
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200520
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0334965
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt039
IRS990/PYOtherExpensesAmt0496284
IRS990/PYOtherRevenueAmt01
IRS990/PYProgramServiceRevenueAmt0214104
IRS990/PYRevenuesLessExpensesAmt0-133560
IRS990/PYSalariesCompEmpBnftPaidAmt0186385
IRS990/PYTotalExpensesAmt0682669
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0549109
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-214683
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0200520
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0323332
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0334965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0350512
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0359155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0333310
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01701274
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0355
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0200520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0214104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0214366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0210769
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0240581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01080340
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0355
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0165
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0828
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0262
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01256
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt02781614
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0523852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0549069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0564878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0569924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0573891
IRS990ScheduleA/Total509Grp/TotalAmt02781614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0524041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0549109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0565786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0570296
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0573993
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02783225
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/BookValueAmt01447603
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03214525
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04662128
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123039
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0234019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0357058
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0738724
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0247604
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0247604
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt022547
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt237510
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt347501
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014443
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13429670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt233001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1H.U.D. CAPITAL ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MISC CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0524041
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS RECOGNIZED IN THE FINANCIAL STATEMENTS. IT IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE CODE. IN THE EVENT THE CORPORATION WAS TO LOSE ITS TAX EXEMPT STATUS, INCOME TAX EXPENSE FOR THE TAX REPORTING ENTITY WOULD INCLUDE FEDERAL AND STATE TAXES CURRENTLY PAYABLE AND DEFERRED TAXES ARISING FROM TEMPORARY DIFFERENCES BETWEEN INCOME FOR FINANCIAL REPORTING AND INCOME TAX PURPOSES. THE CORPORATION ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. FEDERAL AND STATE TAX AUTHORITIES (IF APPLICABLE) GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01818246
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0130279
IRS990ScheduleD/TotalExpensesPerForm990Amt0738724
IRS990ScheduleD/TotalLiabilityAmt03477114
IRS990ScheduleD/TotalRevenuePerForm990Amt0524041
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0524041
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738724
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

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