Civic Intelligence

Colter Commons Inc.

990 • Fiscal year 2023 • EIN 36-4662674

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 03, 2024

Organization ProfileWWW.GLENCROFT.COM
8611 North 67th AvenueGlendale, AZ 85302

(623) 847-3005

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.28x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

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

Top Officer Pay

96th percentile

$354,040

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 87.0% of source-year revenue.

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

Asset Growth

24th percentile

-3.5%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

40th percentile

1.2%

Faster revenue growth than 40% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$4,050,036

Down $146,246 (-3.5%) from 2022

Net Assets

Down

$3,937,280

Down $103,987 (-2.6%) from 2022

Liabilities

Down

$112,756

Down $42,259 (-27%) from 2022

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin13th percentile

Revenue

Up

$407,065

Up $4,805 (+1.2%) from 2022

Expenses

Up

$511,052

Up $19,258 (+3.9%) from 2022

Net Income

Down

-$103,987

Down $14,453 (-16%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $4,761,779Liabilities 2012: $71,081Net Assets 2012: $4,690,6982012Assets 2013: $4,873,958Liabilities 2013: $24,006Net Assets 2013: $4,849,9522013Assets 2014: $4,801,113Liabilities 2014: $34,225Net Assets 2014: $4,766,8882014Assets 2015: $4,640,490Liabilities 2015: $30,200Net Assets 2015: $4,610,2902015Assets 2016: $4,624,000Liabilities 2016: $101,074Net Assets 2016: $4,522,9262016Assets 2017: $4,479,510Liabilities 2017: $27,728Net Assets 2017: $4,451,7822017Assets 2018: $4,405,870Liabilities 2018: $62,311Net Assets 2018: $4,343,5592018Assets 2019: $4,355,361Liabilities 2019: $56,750Net Assets 2019: $4,298,6112019Assets 2020: $4,327,822Liabilities 2020: $65,018Net Assets 2020: $4,262,8042020Assets 2021: $4,323,969Liabilities 2021: $193,168Net Assets 2021: $4,130,8012021Assets 2022: $4,196,282Liabilities 2022: $155,015Net Assets 2022: $4,041,2672022Assets 2023: $4,050,036Liabilities 2023: $112,756Net Assets 2023: $3,937,2802023Assets 2024: $3,901,938Liabilities 2024: $111,198Net Assets 2024: $3,790,7402024

Highlighted filing

2023

Assets$4,050,036
Liabilities$112,756
Net Assets$3,937,280
Open 2023 Filing

Operations Trend

Revenue Growth40th percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $109,2202012Revenue 2013: $554,537Expenses 2013: $395,283Net Income 2013: $159,2542013Revenue 2014: $390,582Expenses 2014: $473,646Net Income 2014: -$83,0642014Revenue 2015: $397,907Expenses 2015: $554,505Net Income 2015: -$156,5982015Revenue 2016: $389,556Expenses 2016: $476,920Net Income 2016: -$87,3642016Revenue 2017: $398,594Expenses 2017: $469,738Net Income 2017: -$71,1442017Revenue 2018: $389,585Expenses 2018: $497,808Net Income 2018: -$108,2232018Revenue 2019: $389,117Expenses 2019: $434,065Net Income 2019: -$44,9482019Revenue 2020: $387,465Expenses 2020: $423,272Net Income 2020: -$35,8072020Revenue 2021: $391,537Expenses 2021: $523,540Net Income 2021: -$132,0032021Revenue 2022: $402,260Expenses 2022: $491,794Net Income 2022: -$89,5342022Revenue 2023: $407,065Expenses 2023: $511,052Net Income 2023: -$103,9872023Revenue 2024: $402,460Expenses 2024: $549,000Net Income 2024: -$146,5402024

Highlighted filing

2023

Revenue$407,065
Expenses$511,052
Net Income-$103,987
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 3, 2024
Return Version
2023v5.1
Gross Receipts
$407,065
Mission and Program Overview

Mission

The mission of colter commons is to provide a broad continuum high quality hud subsidized housing to seniors in a manner that demonstrates christian love and compassion.

The mission of colter commons is to provide a broad continuum high quality hud subsidized housing to seniors in a manner that demonstrates love and compassion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,618,918$3,497,735▼ $121,183
Savings and Temporary Cash Investments$473,657$354,705▼ $118,952
Cash and Non-Interest-Bearing Accounts$94,160$183,165▲ $89,005
Prepaid Expenses and Deferred Charges$3,360$7,960▲ $4,600
Accounts Receivable$6,187$6,471▲ $284
Total Assets$4,196,282$4,050,036▼ $146,246
Liabilities
Other Liabilities$133,930$85,905▼ $48,025
Accounts Payable and Accrued Expenses$9,773$14,919▲ $5,146
Escrow Account Liability$11,312$11,932▲ $620
Total Liabilities$155,015$112,756▼ $42,259
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,041,267$3,937,280▼ $103,987
Total Net Assets Fund Balance$4,041,267$3,937,280▼ $103,987
Total Liabilities and Net Assets / Fund Balance$4,196,282$4,050,036▼ $146,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,075,579$1,261,948$4,337,527
Land$362,810-$362,810
Equipment$59,346$141,461$200,807
Compensation and Service Providers
Top Officer Pay96th percentile

Board Members and Trustees

NameTitle
Cathy EcksteinChair
Dr Jacquelyn SmithVice Chair
Ashley IversonDirector
Dr Pete PattersonDirector
Dyan BymarkDirector
Floyd WhittakerDirector
Lisa Montman CPADirector
Nina Shah MdDirector
John ThorhauerCEO
Don MayCFO
Steve KochSecretary
Brian HollrahTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$401,539
Investment Income
$5,526
Other Revenue
$0
Change in Net Assets
$-103,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$407,065
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$407,065
Total Revenue per Form 990
$407,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$371,896
Salaries, Compensation, and Employee Benefits$139,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$124,231--$124,231
Depreciation Depletion$121,183--$121,183
Fees for Services Accounting$3,500$25,207-$28,707
Insurance$28,334--$28,334
Fees for Services Management$25,920--$25,920
Office Expenses$24,380--$24,380
Payroll Taxes$9,375--$9,375
Other Employee Benefits$5,550--$5,550
Other Expenses$497--$497
Total Functional Expenses$485,845$25,207$0$511,052

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$511,052
Total Expenses per Audited Statements$511,052
Total Expenses per Form 990$511,052
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
Related-party Payable$85,905
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Friendship retirement corporation serves as the organization's sponsor and provides management services.”

Form 990, Part VI, Section A, Line 6

“Friendship retirement corporation has the right to participate in the organization's governance.”

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

“The board of directors nominates new board members who must be approved by friendship retirement corporation (frc). Frc also appoints the ceo.”

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

“Any changes to the organizational by-laws of colter commons, inc. Are also subject to the approval of frc and the department of housing and urban development.”

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

“The 990 is prepared by an outside accounting firm and is reviewed by the cfo and the final draft of the 990 is emailed to all board members prior to being filed with the irs. Board members have a comment period in which to respond with questions or changes prior to submitting.”

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

“All board members are covered under the conflict of interest policy. The board chair and the ceo determine if there is a conflict of interest based on conflict of interest policy questionnaires given to each board member at the start of the board year. When a conflict arises, that person is recused and may be asked to leave the room. During the deliberations of the issue it is noted in the minutes when a board member has a conflict and has abstained from voting.”

Form 990, Part VI, Section B, Line 15A

“An analysis of comparable facilities was completed.”

Form 990, Part VI, Section C, Line 19

“Financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Colter Commons Inc
EIN
36-4662674
Phone
6238473005
Address
8611 NORTH 67TH AVENUE, GLENDALE, AZ 85302

Signing Officer

Name
Kathleen Hurley
Title
CFO
Phone
6238473005
Signed
2024-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Thorhauer CEO
Formed
2009
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Lindquist Von Husen & Joyce Llp
Address
301 HOWARD STREET SUITE 850, SAN FRANCISCO, CA 94105
Preparer
Kyle Ganley
Phone
4159579999
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINES 1 AND 2:

“All payroll reporting is managed by friendship retirement corporation, which acts as the common paymaster for the filing entity. As such, there are no w-2s or 1099s reported on this return.”

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization maintains escrow accounts for residents' security deposits.”

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue code and the related arizona code sections. The corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The corporation's federal and state information returns for the years 2019 through 2022 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.”

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF COLTER COMMONS IS TO PROVIDE A BROAD CONTINUUM HIGH QUALITY HUD SUBSIDIZED HOUSING TO SENIORS IN A MANNER THAT DEMONSTRATES LOVE AND COMPASSION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04041267
IRS990/NetAssetsOrFundBalancesEOYAmt03937280
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04041267
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03937280
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt024380
IRS990/OfficeExpensesGrp/TotalAmt024380
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05550
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05550
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINT.
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MISC ADMIN EXPENSES
IRS990/OtherExpensesGrp/Desc3WORKERS COMPENSATION
IRS990/OtherExpensesGrp/ProgramServicesAmt071757
IRS990/OtherExpensesGrp/ProgramServicesAmt164614
IRS990/OtherExpensesGrp/ProgramServicesAmt26504
IRS990/OtherExpensesGrp/ProgramServicesAmt3497
IRS990/OtherExpensesGrp/TotalAmt071757
IRS990/OtherExpensesGrp/TotalAmt164614
IRS990/OtherExpensesGrp/TotalAmt26504
IRS990/OtherExpensesGrp/TotalAmt3497
IRS990/OtherLiabilitiesGrp/BOYAmt0133930
IRS990/OtherLiabilitiesGrp/EOYAmt085905
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0124231
IRS990/OtherSalariesAndWagesGrp/TotalAmt0124231
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09375
IRS990/PayrollTaxesGrp/TotalAmt09375
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03360
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07960
IRS990/PrincipalOfficerNm0JOHN THORHAUER CEO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0HUD ASSISTANCE PAYMENT
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0232968
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1166429
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0232968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1166429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3305
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01467
IRS990/PYOtherExpensesAmt0344788
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0400793
IRS990/PYRevenuesLessExpensesAmt0-89534
IRS990/PYSalariesCompEmpBnftPaidAmt0147006
IRS990/PYTotalExpensesAmt0491794
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0402260
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-103987
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0401539
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0473657
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0354705
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY REVENUE 2019 AMOUNT: $ 1,538. 2020 AMOUNT: $ 1,518. MAINTENANCE REVENUE 2019 AMOUNT: $ 25. 2020 AMOUNT: $ 10. MISCELLANEOUS REVENUE 2019 AMOUNT: $ 48. 2020 AMOUNT: $ 610.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05526
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01467
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0294
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0383
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0401539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0400793
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0390496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0385033
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0387123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01964984
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05526
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0294
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08711
IRS990ScheduleA/InvestmentIncomeCYPct00.00440
IRS990ScheduleA/InvestmentIncomePYPct00.00180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02138
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01611
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03749
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99500
IRS990ScheduleA/PublicSupportTotal509Amt01964984
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0401539
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0400793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0390496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0385033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0387123
IRS990ScheduleA/Total509Grp/TotalAmt01964984
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0407065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0402260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0391537
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387465
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0389117
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01977444
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03075579
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01261948
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04337527
IRS990ScheduleD/EquipmentGrp/BookValueAmt059346
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141461
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0200807
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0511052
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0362810
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0362810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt085905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED-PARTY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0407065
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS ESCROW ACCOUNTS FOR RESIDENTS' SECURITY DEPOSITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE RELATED ARIZONA CODE SECTIONS. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2019 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03497735
IRS990ScheduleD/TotalExpensesPerForm990Amt0511052
IRS990ScheduleD/TotalLiabilityAmt085905
IRS990ScheduleD/TotalRevenuePerForm990Amt0407065
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0407065
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0511052
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt034200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0315001
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1161420
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,050,036
Liabilities
$112,756
Net assets
$3,937,280
Revenue
$407,065
Expenses
$511,052
Net income
-$103,987
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$0.11$3.79$0.40$0.55$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.05$0.11$3.94$0.41$0.51$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.20$0.16$4.04$0.40$0.49$0.09
2021Detailed filing. Detailed filing data is available for this year.$4.32$0.19$4.13$0.39$0.52$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.33$0.07$4.26$0.39$0.42$0.04
2019Detailed filing. Detailed filing data is available for this year.$4.36$0.06$4.30$0.39$0.43$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.41$0.06$4.34$0.39$0.50$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.48$0.03$4.45$0.40$0.47$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.62$0.10$4.52$0.39$0.48$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.64$0.03$4.61$0.40$0.55$0.16
2014Detailed filing. Detailed filing data is available for this year.$4.80$0.03$4.77$0.39$0.47$0.08
2013Detailed filing. Detailed filing data is available for this year.$4.87$0.02$4.85$0.55$0.40$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.07$4.69$0.11