Civic Intelligence

Vip College Avenue Housing Development Fund Corporation

990 • Fiscal year 2020 • EIN 36-4570934

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileN/A
770 East 176 StBronx, NY 10460

(914) 428-7733

Siviq Scores

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

Liabilities / Assets

80th percentile

1.15x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

10.03x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Net Margin

51st percentile

0.1%

Higher net margin than 51% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$289,940

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 30.2% of source-year revenue.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Asset Growth

47th percentile

-0.0%

Faster asset growth than 47% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

5.0%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$8,338,923

Down $1,433 (-0.0%) from 2019

Net Assets

Up

-$1,285,458

Up $1,132 (+0.1%) from 2019

Liabilities

Down

$9,624,381

Down $2,565 (-0.0%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin51st percentile

Revenue

Up

$959,168

Up $46,099 (+5.0%) from 2019

Expenses

Up

$958,036

Up $32,211 (+3.5%) from 2019

Net Income

Up

$1,132

Up $13,888 (+109%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $9,582,054Liabilities 2011: $10,172,747Net Assets 2011: -$590,6932011Assets 2012: $9,147,342Liabilities 2012: $10,046,763Net Assets 2012: -$899,4212012Assets 2013: $8,496,356Liabilities 2013: $9,668,789Net Assets 2013: -$1,172,4332013Assets 2014: $8,391,905Liabilities 2014: $9,641,844Net Assets 2014: -$1,249,9392014Assets 2015: $8,352,445Liabilities 2015: $9,643,047Net Assets 2015: -$1,290,6022015Assets 2016: $8,303,425Liabilities 2016: $9,666,698Net Assets 2016: -$1,363,2732016Assets 2017: $8,315,350Liabilities 2017: $9,623,106Net Assets 2017: -$1,307,7562017Assets 2018: $8,353,166Liabilities 2018: $9,627,000Net Assets 2018: -$1,273,8342018Assets 2019: $8,340,356Liabilities 2019: $9,626,946Net Assets 2019: -$1,286,5902019Assets 2020: $8,338,923Liabilities 2020: $9,624,381Net Assets 2020: -$1,285,4582020Assets 2021: $8,261,145Liabilities 2021: $9,611,279Net Assets 2021: -$1,350,1342021Assets 2022: $8,096,287Liabilities 2022: $9,662,846Net Assets 2022: -$1,566,5592022Assets 2024: $7,453,074Liabilities 2024: $9,691,715Net Assets 2024: -$2,238,6412024

Highlighted filing

2020

Assets$8,338,923
Liabilities$9,624,381
Net Assets-$1,285,458
Open 2020 Filing

Operations Trend

Revenue Growth70th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,036,0092011Expenses 2012: $1,025,1092012Expenses 2013: $1,010,7962013Revenue 2014: $797,598Expenses 2014: $875,104Net Income 2014: -$77,5062014Revenue 2015: $781,432Expenses 2015: $822,095Net Income 2015: -$40,6632015Revenue 2016: $804,674Expenses 2016: $877,345Net Income 2016: -$72,6712016Revenue 2017: $899,855Expenses 2017: $844,338Net Income 2017: $55,5172017Revenue 2018: $887,339Expenses 2018: $853,417Net Income 2018: $33,9222018Revenue 2019: $913,069Expenses 2019: $925,825Net Income 2019: -$12,7562019Revenue 2020: $959,168Expenses 2020: $958,036Net Income 2020: $1,1322020Revenue 2021: $954,422Expenses 2021: $1,019,098Net Income 2021: -$64,6762021Revenue 2022: $932,384Expenses 2022: $1,148,809Net Income 2022: -$216,4252022Revenue 2024: $1,072,123Expenses 2024: $1,394,988Net Income 2024: -$322,8652024

Highlighted filing

2020

Revenue$959,168
Expenses$958,036
Net Income$1,132
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$959,168
Mission and Program Overview

Mission

To provide affordable housing in the south bronx, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,085,426$5,777,538▼ $307,888
Cash and Non-Interest-Bearing Accounts$782,168$1,028,218▲ $246,050
Accounts Receivable$60,314$52,370▼ $7,944
Prepaid Expenses and Deferred Charges$26,115$37,355▲ $11,240
Total Assets$8,340,356$8,338,923▼ $1,433
Other Assets Total$1,386,333$1,443,442▲ $57,109
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,548,370$9,550,115▲ $1,745
Accounts Payable and Accrued Expenses$42,784$34,980▼ $7,804
Deferred Revenue$27,048$30,759▲ $3,711
Other Liabilities$8,744$8,527▼ $217
Total Liabilities$9,626,946$9,624,381▼ $2,565
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,286,590$-1,285,458▲ $1,132
Total Net Assets Fund Balance$-1,286,590$-1,285,458▲ $1,132
Total Liabilities and Net Assets / Fund Balance$8,340,356$8,338,923▼ $1,433

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,359,780$3,731,682$9,091,462
Land$340,000-$340,000
Equipment$77,758$30,557$108,315
Other Assets Org$4,150--
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Steve EdwardsBoard Chair (outgoing)
Zenali TiradoChair
Debbian Fletcher-blakePresident/CEO
John P NeroVice Chair
Jodi SturgeonBoard Member
Seth TownsendBoard Member
Elizabeth OwenDirector (outgoing)
Peggy ArroyoDirector (outgoing)
Dana ColemanSr. Director
Nanda SahaAsst. Controller
Frank KploanyiCFO
Salvatore GogliormellaSecretary
William Trust JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$900,538
Investment Income
$57,500
Other Revenue
$1,130
Change in Net Assets
$1,132

Audited Revenue Reconciliation

Revenue per Audited Statements
$959,168
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-51,341
Total Revenue per Audited Statements
$907,827
Total Revenue per Form 990
$959,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$958,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$349,591--$349,591
Occupancy$235,384--$235,384
Fees for Services Other-$82,027-$82,027
Fees for Services Management-$65,599-$65,599
Payments to Affiliates$52,400--$52,400
Insurance$38,567--$38,567
Fees for Services Legal-$10,211-$10,211
Office Expenses$6,718$3,474-$10,192
Fees for Services Accounting-$10,000-$10,000
Other Expenses$16,554$7,620-$7,620
Interest$1,745--$1,745
Total Functional Expenses$752,300$205,736$0$958,036

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$958,036
Expenses per Audited Statements$906,695
Total Expenses per Audited Statements$906,695
Expenses Not Reported on Financial Statements$51,341
Other Expense Adjustments$51,341
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 Security Deposits$8,527
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The property management is handled by dougert management, an unrelated party hired by the entity and compensated $65,599. Asset management and resident services are carried out by the sponser, vip community services, for which the entity compensated $52,400 for accounting and administrative services.”

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

“The form 990 is prepared by an independent accountant and reviewed by the audit committee of the vip board and distributed to vip college's board for comments and approval.”

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

“The conflict of interest declarations are filled out on an annual basis and reviewed by the compliance officer and the board.”

Form 990, Part VI, Section C, Line 19

“All documents are made available upon request at the management office.”

FORM 990, PART VII, SECTION A:

“Debbian fletcher-blake and frank kploanyi are officers of vip community services inc., a related organization. During the year, each of them worked 34.5 hours for vip community services inc. And affiliates and .5 hours each for the organization.”

Filing and Contact Details

Filer

Filer Name
Vip College Avenue Housing Development
EIN
36-4570934
Phone
9144287733
Address
770 EAST 176 ST, BRONX, NY 10460

Signing Officer

Name
William M Trust Jr
Title
CEO
Phone
9144287733
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbian Fletcher-blake
Formed
2003
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“No change in auditor selection and audit oversight process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation believes it has no uncertain tax positions as of june 30, 2020 and 2019 in accordance with accounting standards codification ("asc") topic 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“VACANCY LOSS -51,341.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“VACANCY LOSS 51,341.”

Raw XML AppendixShowing 400 of 725 raw XML fields

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

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt05777538
IRS990/LandBldgEquipCostOrOtherBssAmt09539777
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING IN THE SOUTH BRONX, NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09548370
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09550115
IRS990/NetAssetsOrFundBalancesBOYAmt0-1286590
IRS990/NetAssetsOrFundBalancesEOYAmt0-1285458
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1286590
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1285458
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0235384
IRS990/OccupancyGrp/TotalAmt0235384
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03474
IRS990/OfficeExpensesGrp/ProgramServicesAmt06718
IRS990/OfficeExpensesGrp/TotalAmt010192
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01386333
IRS990/OtherAssetsTotalGrp/EOYAmt01443442
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VACANCY LOSS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2PAINTING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026805
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17620
IRS990/OtherExpensesGrp/ProgramServicesAmt051341
IRS990/OtherExpensesGrp/ProgramServicesAmt116554
IRS990/OtherExpensesGrp/TotalAmt051341
IRS990/OtherExpensesGrp/TotalAmt126805
IRS990/OtherExpensesGrp/TotalAmt216554
IRS990/OtherExpensesGrp/TotalAmt37620
IRS990/OtherLiabilitiesGrp/BOYAmt08744
IRS990/OtherLiabilitiesGrp/EOYAmt08527
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01130
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01130
IRS990/OtherRevenueTotalAmt01130
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt052400
IRS990/PaymentsToAffiliatesGrp/TotalAmt052400
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026115
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037355
IRS990/PrincipalOfficerNm0DEBBIAN FLETCHER-BLAKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0900538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0900538
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt057500
IRS990/PYOtherExpensesAmt0925825
IRS990/PYOtherRevenueAmt04939
IRS990/PYProgramServiceRevenueAmt0850630
IRS990/PYRevenuesLessExpensesAmt0-12756
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0925825
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0913069
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01132
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0850327
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2018 AMOUNT: $ 4,939. 2019 AMOUNT: $ 1,130.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt057500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt057500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057734
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt075172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0247923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0900538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0850630
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0829605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0824683
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0804657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04210113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt057500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt057500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt075172
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0247923
IRS990ScheduleA/InvestmentIncomeCYPct00.05550
IRS990ScheduleA/InvestmentIncomePYPct00.04670
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04939
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06069
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94310
IRS990ScheduleA/PublicSupportPY509Pct00.95220
IRS990ScheduleA/PublicSupportTotal509Amt04210113
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0900538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0850630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0829605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0824683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0804657
IRS990ScheduleA/Total509Grp/TotalAmt04210113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0959168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0913069
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0887339
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0899855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0804674
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04464105
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05359780
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03731682
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09091462
IRS990ScheduleD/EquipmentGrp/BookValueAmt077758
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030557
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108315
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt051341
IRS990ScheduleD/ExpensesSubtotalAmt0906695
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0340000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0340000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11263307
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2167458
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt34150
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEPOSIT
IRS990ScheduleD/OtherExpensesNotIncludedAmt051341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0-51341
IRS990ScheduleD/RevenueNotReportedAmt0-51341
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0959168
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VACANCY LOSS -51,341.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2VACANCY LOSS 51,341.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05777538
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01443442
IRS990ScheduleD/TotalExpensesPerForm990Amt0958036
IRS990ScheduleD/TotalLiabilityAmt08527
IRS990ScheduleD/TotalRevenuePerForm990Amt0959168
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0907827
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0906695
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$8,338,923
Liabilities
$9,624,381
Net assets
-$1,285,458
Revenue
$959,168
Expenses
$958,036
Net income
$1,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.45$9.69$2.24$1.07$1.39$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$9.66$1.57$0.93$1.15$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$9.61$1.35$0.95$1.02$0.06
2020Detailed filing. Detailed filing data is available for this year.$8.34$9.62$1.29$0.96$0.96$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.34$9.63$1.29$0.91$0.93$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.35$9.63$1.27$0.89$0.85$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$9.62$1.31$0.90$0.84$0.06
2016Detailed filing. Detailed filing data is available for this year.$8.30$9.67$1.36$0.80$0.88$0.07
2015Detailed filing. Detailed filing data is available for this year.$8.35$9.64$1.29$0.78$0.82$0.04
2014Detailed filing. Detailed filing data is available for this year.$8.39$9.64$1.25$0.80$0.88$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.50$9.67$1.17$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$10.0$0.90$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.58$10.2$0.59$1.04