Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Liabilities / Revenue
13th percentile
Higher debt load relative to revenue than 13% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Assets
Up$3,682,779
Up $2,726,031 (+285%) from 2015
Net Assets
Up$3,600,256
Up $3,454,363 (+2368%) from 2015
Liabilities
Down$82,523
Down $728,332 (-90%) from 2015
Revenue
Up$4,479,923
Up $3,325,975 (+288%) from 2015
Expenses
Down$1,025,560
Down $132,886 (-11%) from 2015
Net Income
Up$3,454,363
Up $3,458,861 (+76898%) from 2015
The purpose of the organization is to provide low rent housing to the elderly and disabled.
To provide low rent housing for the elderly and disabled.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $0 | $2,947,348 | ▲ $2,947,348 |
| Cash and Non-Interest-Bearing Accounts | $3,646 | $689,803 | ▲ $686,157 |
| Land, Buildings, and Equipment, Net | $595,756 | $0 | ▼ $595,756 |
| Savings and Temporary Cash Investments | $45,159 | $45,137 | ▼ $22 |
| Accounts Receivable | $1,326 | $449 | ▼ $877 |
| Investments Other Securities | $310,861 | $42 | ▼ $310,819 |
| Total Assets | $956,748 | $3,682,779 | ▲ $2,726,031 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $685,341 | $0 | ▼ $685,341 |
| Accounts Payable and Accrued Expenses | $87,887 | $45,502 | ▼ $42,385 |
| Other Liabilities | $37,627 | $37,021 | ▼ $606 |
| Total Liabilities | $810,855 | $82,523 | ▼ $728,332 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $145,893 | $3,600,256 | ▲ $3,454,363 |
| Total Net Assets Fund Balance | $145,893 | $3,600,256 | ▲ $3,454,363 |
| Total Liabilities and Net Assets / Fund Balance | $956,748 | $3,682,779 | ▲ $2,726,031 |
| Name | Title |
|---|---|
| William Wombacher | President |
| James Stowell Sr | Vice President |
| Dean R Bordeaux Md | Director |
| James W Roodhouse | Director |
| Judith Oakford | Director |
| Dan Vonachen | Secretary/treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Robert Cottingham Property Management Co | Mgmt/acctg/tech/ins/repair Reimbursement | 215 W SAM J STONE AVENUE, Peoria, IL 61605 | $179,813 |
| Line Item | Amount |
|---|---|
| Other Expenses | $806,285 |
| Salaries, Compensation, and Employee Benefits | $219,275 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $153,708 | - | - | $153,708 |
| Other Salaries and Wages | $113,750 | $38,185 | - | $151,935 |
| Fees for Services Management | - | $95,760 | - | $95,760 |
| Office Expenses | - | $79,488 | - | $79,488 |
| Advertising | - | $63,459 | - | $63,459 |
| Depreciation Depletion | $55,725 | - | - | $55,725 |
| Other Employee Benefits | $41,217 | $13,739 | - | $54,956 |
| Insurance | $31,993 | - | - | $31,993 |
| Interest | $22,715 | - | - | $22,715 |
| Fees for Services Accounting | - | $13,750 | - | $13,750 |
| Payroll Taxes | $9,288 | $3,096 | - | $12,384 |
| Fees for Services Legal | - | $5,265 | - | $5,265 |
| Other Expenses | $531 | - | - | $531 |
| Total Functional Expenses | $712,818 | $312,742 | $0 | $1,025,560 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,042,089 |
| Expenses per Audited Statements | $1,025,560 |
| Total Expenses per Form 990 | $1,025,560 |
| Expenses Not Reported on Form 990 | $16,529 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $37,021 |
“Robert cottingham property management corporation performs all management functions related to the organization. The management company employs all personnel of the organization and is reimbursed for those costs.”
“The organization amended its bylaws to include the following language "fostering low income housing within the meaning of section 42(h)(5)(c) of the internal revenue code."”
“The 990 is reviewed by the management company and the signing officer.”
“Documents are avilable upon written or verbal request.”
“On june 29, 2016, the organization sold all of its assets to gpt development l.p. Gpt development l.p. Will continue to provide low rent housing to the ederly and disabled within the meaning of section 42(h)(5)(c) of the internal revenue code.”
“The process for overseeing the audit and the selection of an independent accountant has not changed from prior years.”
“The project has no employees. The personnel who work at the project are employees of the management agent. The management agent allocates payroll and related costs to the project.”
“The terrace does not believe that it has taken any uncertain tax positions and, accordingly, has not recorded any reserves for uncertain tax positions. The terrace's tax return for the years ended 2013, 2014, and 2015 are subject to examination by the internal revenue service, generally for three years after they were filed.”
“Grocery store income reported net of cost of goods sold on form 990”
“Grocery store cost of goods sold reported as net of income on form 990”
“Grocery store income reported net of cost of goods sold on form 990 statement of revenue. Grocery store income reported on gross revenue basis as income with cost of goods sold reported as expense on financial statements.”
“Cost of goods sold deducted from grocery store income and reported as net grocery store income on form 990 statement of revenue. Reported cost of goods sold as expense on financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 87887 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 45502 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1326 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 449 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE LOW RENT HOUSING FOR THE ELDERLY AND DISABLED. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 63459 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 63459 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ROBERT COTTINGHAM PROPERTY MGMT CO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3096732252 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 215 W SAM J STONE AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PEORIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61605 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3646 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 689803 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 179813 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 215 W SAM J STONE AVENUE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | PEORIA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 61605 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | ROBERT COTTINGHAM PROPERTY MANAGEMENT CO |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MGMT/ACCTG/TECH/INS/REPAIR REIMBURSEMENT |
| IRS990/ContractTerminationInd | 0 | X |
| IRS990/CostOfGoodsSoldAmt | 0 | 16529 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 663336 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3250389 |
| IRS990/CYOtherExpensesAmt | 0 | 806285 |
| IRS990/CYOtherRevenueAmt | 0 | 125652 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 440546 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3454363 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 219275 |
| IRS990/CYTotalExpensesAmt | 0 | 1025560 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4479923 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 55725 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 55725 |
| IRS990/Desc | 0 | GALENA PARK TERRACE IS A PROVIDER OF LOW RENT HOUSING FOR THE ELDERLY AND DISABLED. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 712818 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13750 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13750 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5265 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5265 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 95760 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 95760 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DEAN R BORDEAUX MD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES W ROODHOUSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JUDITH OAKFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILLIAM WOMBACHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAN VONACHEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JAMES STOWELL SR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 3249382 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GovernmentGrantsAmt | 0 | 663336 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 4130000 |
| IRS990/GrossReceiptsAmt | 0 | 5377070 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 16215 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 31993 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 31993 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 22715 |
| IRS990/InterestGrp/TotalAmt | 0 | 22715 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1007 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1007 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 310861 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 42 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 595756 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 880618 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3990 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 3990 |
| IRS990/MissionDesc | 0 | THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW RENT HOUSING TO THE ELDERLY AND DISABLED. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 685341 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 145893 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3600256 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 3249382 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 3249382 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -314 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -314 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 153708 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 153708 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 79488 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 79488 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 13739 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 41217 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 54956 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS FINANCIAL |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 259757 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 24134 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 531 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 259757 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 24134 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 531 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 37627 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 37021 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 623990 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 623990 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 623990 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | DEVELOPER FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | LAUNDRY AND VENDING |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 64102 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 44182 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 13692 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 64102 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 44182 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 13692 |
| IRS990/OtherRevenueTotalAmt | 0 | 125966 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 38185 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 113750 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 151935 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2947348 |
| IRS990/PartialLiquidationInd | 0 | 1 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3096 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9288 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 12384 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | WILLIAM WOMBACHER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 623990 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOW INCOME UNIT APT INC |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 440546 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 440546 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 681458 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 898 |
| IRS990/PYOtherExpensesAmt | 0 | 995609 |
| IRS990/PYOtherRevenueAmt | 0 | 9258 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 462334 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -4498 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 162837 |
| IRS990/PYTotalExpensesAmt | 0 | 1158446 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1153948 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3454363 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 566198 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 45159 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 45137 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 663336 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 681458 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 703097 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 682883 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 666995 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3397769 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1007 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 898 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 467 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 50 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 2479 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 582727 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 471592 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 490853 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 490647 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 474028 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2509847 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1007 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 898 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 467 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 57 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 50 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 2479 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00040 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00030 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99970 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 5907616 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1246063 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1153050 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1193950 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1173530 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1141023 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 5907616 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1247070 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1153948 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1194417 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1173587 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1141073 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 5910095 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 16529 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1025560 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 16529 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 37021 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 16529 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 16529 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4479923 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE TERRACE DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS. THE TERRACE'S TAX RETURN FOR THE YEARS ENDED 2013, 2014, AND 2015 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | GROCERY STORE INCOME REPORTED NET OF COST OF GOODS SOLD ON FORM 990 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | GROCERY STORE COST OF GOODS SOLD REPORTED AS NET OF INCOME ON FORM 990 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | GROCERY STORE INCOME REPORTED NET OF COST OF GOODS SOLD ON FORM 990 STATEMENT OF REVENUE. GROCERY STORE INCOME REPORTED ON GROSS REVENUE BASIS AS INCOME WITH COST OF GOODS SOLD REPORTED AS EXPENSE ON FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 4 | COST OF GOODS SOLD DEDUCTED FROM GROCERY STORE INCOME AND REPORTED AS NET GROCERY STORE INCOME ON FORM 990 STATEMENT OF REVENUE. REPORTED COST OF GOODS SOLD AS EXPENSE ON FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | SCHEDULE D, PART XI, LINE 2D. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | SCHEDULE D, PART XII, LINE 2D. |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1025560 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 37021 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4479923 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4496452 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1042089 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleN/DirectorOfSuccessor2Ind | 0 | 0 |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | LAND, BUILDING, AND EQUIPMENT |
| IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | GPT DEVELOPMENT LP |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 0 | 2016-06-29 |
| IRS990ScheduleN/DispositionOfAssetsDetail/EIN | 0 | 611773217 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 4130000 |
| IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | SELLING PRICE |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 5533 N GALENA ROAD |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm | 0 | PEORIA HEIGHTS |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd | 0 | 61616 |
| IRS990ScheduleN/EmployeeOfSuccessor2Ind | 0 | 0 |
| IRS990ScheduleN/OwnerOfSuccessor2Ind | 0 | 1 |
| IRS990ScheduleN/ReceiveCompensation2Ind | 0 | 0 |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | EXPLANATION OF INVOLVEMENT: THE TRANSACTION OCCURRED IN CONNECTION WITH AN IRC SECTION 42(H) LOW INCOME HOUSING CREDT. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART II, LINE 2E: |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ON JUNE 29, 2016, THE ORGANIZATION SOLD ALL OF ITS ASSETS TO GPT DEVELOPMENT L.P. GPT DEVELOPMENT L.P. WILL CONTINUE TO PROVIDE LOW RENT HOUSING TO THE EDERLY AND DISABLED WITHIN THE MEANING OF SECTION 42(H)(5)(C) OF THE INTERNAL REVENUE CODE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ROBERT COTTINGHAM PROPERTY MANAGEMENT CORPORATION PERFORMS ALL MANAGEMENT FUNCTIONS RELATED TO THE ORGANIZATION. THE MANAGEMENT COMPANY EMPLOYS ALL PERSONNEL OF THE ORGANIZATION AND IS REIMBURSED FOR THOSE COSTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION AMENDED ITS BYLAWS TO INCLUDE THE FOLLOWING LANGUAGE "FOSTERING LOW INCOME HOUSING WITHIN THE MEANING OF SECTION 42(H)(5)(C) OF THE INTERNAL REVENUE CODE." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE SIGNING OFFICER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS ARE AVILABLE UPON WRITTEN OR VERBAL REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PROCESS FOR OVERSEEING THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE PROJECT HAS NO EMPLOYEES. THE PERSONNEL WHO WORK AT THE PROJECT ARE EMPLOYEES OF THE MANAGEMENT AGENT. THE MANAGEMENT AGENT ALLOCATES PAYROLL AND RELATED COSTS TO THE PROJECT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 2C: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART V, LINE 2: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 475397618 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | PROVIDE LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | GPT DEVELOPMENT GP INC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 5533 N GALENA ROAD |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.