Civic Intelligence

Leisure Acres Phase II Housing Corp

EIN 37-1056963 • 501(c)3 • Washington, IL

Profile

To provide quality government subsidized housing to senior citizens and disabled persons at affordable rates, with attractive amenitites, including private patios, porch and walking path around entire 16 building complex. Ground is available to plant flowers and a garden. Each building contains washer/dryer facilities.

200 Carlson AvenueWashington, IL 61571

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.16x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.35x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

53rd percentile

6.1%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

-0.2%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.0%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,056,918

Down $85,712 (-2.1%) from 2022

Liabilities

Down

$4,687,953

Down $255,816 (-5.2%) from 2022

Net Assets

Up

-$631,035

Up $170,104 (+21%) from 2022

Revenue

Up

$1,992,870

Up $313,905 (+19%) from 2022

Expenses

Up

$1,871,830

Up $51,273 (+2.8%) from 2022

Net Income

Up

$121,040

Up $262,632 (+185%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $5,092,473Liabilities 2013: $4,120,552Net Assets 2013: $971,9212013Assets 2014: $6,559,602Liabilities 2014: $5,901,942Net Assets 2014: $657,6602014Assets 2015: $6,574,528Liabilities 2015: $6,095,843Net Assets 2015: $478,6852015Assets 2016: $5,572,457Liabilities 2016: $5,546,712Net Assets 2016: $25,7452016Assets 2017: $5,796,557Liabilities 2017: $5,892,324Net Assets 2017: -$95,7672017Assets 2018: $5,120,003Liabilities 2018: $5,367,532Net Assets 2018: -$247,5292018Assets 2019: $4,781,416Liabilities 2019: $5,283,016Net Assets 2019: -$501,6002019Assets 2020: $4,500,212Liabilities 2020: $5,144,771Net Assets 2020: -$644,5592020Assets 2021: $4,407,627Liabilities 2021: $5,067,174Net Assets 2021: -$659,5472021Assets 2022: $4,142,630Liabilities 2022: $4,943,769Net Assets 2022: -$801,1392022Assets 2024: $4,056,918Liabilities 2024: $4,687,953Net Assets 2024: -$631,0352024

Highlighted filing

2024

Assets$4,056,918
Liabilities$4,687,953
Net Assets-$631,035

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2013: $1,485,738Expenses 2013: $1,744,922Net Income 2013: -$259,1842013Revenue 2014: $1,546,251Expenses 2014: $1,860,512Net Income 2014: -$314,2612014Revenue 2015: $1,515,413Expenses 2015: $1,694,388Net Income 2015: -$178,9752015Revenue 2016: $1,527,804Expenses 2016: $1,980,744Net Income 2016: -$452,9402016Revenue 2017: $1,579,540Expenses 2017: $1,701,052Net Income 2017: -$121,5122017Revenue 2018: $1,647,642Expenses 2018: $1,799,404Net Income 2018: -$151,7622018Revenue 2019: $1,670,663Expenses 2019: $1,924,734Net Income 2019: -$254,0712019Revenue 2020: $1,686,041Expenses 2020: $1,829,000Net Income 2020: -$142,9592020Revenue 2021: $1,675,294Expenses 2021: $1,690,282Net Income 2021: -$14,9882021Revenue 2022: $1,678,965Expenses 2022: $1,820,557Net Income 2022: -$141,5922022Revenue 2024: $1,992,870Expenses 2024: $1,871,830Net Income 2024: $121,0402024

Highlighted filing

2024

Revenue$1,992,870
Expenses$1,871,830
Net Income$121,040

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$4.69$0.63$1.99$1.87$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$4.94$0.80$1.68$1.82$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$5.07$0.66$1.68$1.69$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$5.14$0.64$1.69$1.83$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$5.28$0.50$1.67$1.92$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$5.37$0.25$1.65$1.80$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$5.89$0.10$1.58$1.70$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$5.55$0.03$1.53$1.98$0.45
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$6.10$0.48$1.52$1.69$0.18
2014Detailed filing. Detailed filing data is available for this year.$6.56$5.90$0.66$1.55$1.86$0.31
2013Detailed filing. Detailed filing data is available for this year.$5.09$4.12$0.97$1.49$1.74$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,992,870
Mission and Program Overview

Mission

To provide quality government subsidized housing to senior citizens and disabled persons at affordable rates, with attractive amenitites, including private patios, porch and walking path around entire 16 building complex. Ground is available to plant flowers and a garden. Each building contains washer/dryer facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,538,207$2,409,206▼ $129,001
Cash and Non-Interest-Bearing Accounts$2,607$54,520▲ $51,913
Prepaid Expenses and Deferred Charges$15,261$17,675▲ $2,414
Total Assets$4,063,117$4,056,918▼ $6,199
Other Assets Total$1,507,042$1,575,517▲ $68,475
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,701,646$4,581,288▼ $120,358
Other Liabilities$74,180$74,728▲ $548
Accounts Payable and Accrued Expenses$39,366$31,937▼ $7,429
Total Liabilities$4,815,192$4,687,953▼ $127,239
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-752,075$-631,035▲ $121,040
Total Net Assets Fund Balance$-752,075$-631,035▲ $121,040
Total Liabilities and Net Assets / Fund Balance$4,063,117$4,056,918▼ $6,199

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,476,693$8,304,797$9,781,490
Land$878,930-$878,930
Equipment$53,583$772,411$825,994
Other Assets Org$52,185--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fred LukePresident
Dennis BechtelVice President
Aaron RoseDirector
Brian ButlerDirector
Gary DeitersDirector
Jim McintyreDirector
Nathan IsenbergDirector
Stephen MathenyDirector
Joseph W CorriganSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert Cottingham Property Management CoMgmt/acctg/tech/ins/repair Reimbursement215 W SAM J STONE AVENUE, Peoria, IL 61605$701,182
Revenue and Support

Revenue Composition

Contributions and Grants
$1,295,578
Program Service Revenue
$675,931
Investment Income
$21,361
Other Revenue
$0
All Other Contributions
$1,295,578
Change in Net Assets
$121,040

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,992,870
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,992,870
Total Revenue per Form 990
$1,992,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,575,422
Salaries, Compensation, and Employee Benefits$296,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$280,212--$280,212
Other Salaries and Wages$147,057$47,854-$194,911
Interest$169,765--$169,765
Occupancy$166,485--$166,485
Fees for Services Management-$146,329-$146,329
Office Expenses-$87,917-$87,917
Other Employee Benefits$84,172--$84,172
Insurance$52,444--$52,444
Advertising-$31,982-$31,982
Fees for Services Accounting-$23,935-$23,935
Payroll Taxes$13,071$4,254-$17,325
Other Expenses$11,769--$11,769
Conferences and Meetings-$1,725-$1,725
Fees for Services Legal-$252-$252
Total Functional Expenses$1,527,582$344,248$0$1,871,830

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,871,830
Total Expenses per Audited Statements$1,871,830
Total Expenses per Form 990$1,871,830
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
Tenant Security Deposits$57,635
Accrued Real Estate Taxes$15,000
Accrue Wages Payable$2,093
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

The board delegates the managerial and operational duties to robert cottingham property management co., located at the address listed under part vi, section c, line 20.

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

The federal 990 and supporting schedules are reviewed by the board. This review may occur before or after filing the return, depending on how much time is available between the completion of the return and the filing deadline.

Form 990, Part VI, Section B, Line 12

Any possible conflicts of interest would become a matter of record in the monthly review of the corporation's financial reports, with regard to review of itemized expenditures, identifying recipients with an explanation of each disbursement.

Form 990, Part VI, Section C, Line 19

A copy of leisure acres phase ii financial statement would be provided upon request, should there be any inquiry into board policies and procedures. Any interested parties would be invited to meet with the board to address or discuss any issues or concerns about leisure acres.

Filing and Contact Details

Filer

Filer Name
Leisure Acres Phase Ii Housing Corp
EIN
37-1056963
Phone
3096732252
Address
200 CARLSON AVENUE, WASHINGTON, IL 61571

Signing Officer

Name
Fred Luke
Title
President
Phone
3096732252
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fred Luke
Formed
1975
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Samuel a Cigelnik
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for overseeing the audit and the selection of an independent accountant has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

Provision for income taxes are not required since the corporation is a nonprofit organization established under section 501 (c)(3) of the internal revenue code and, accordingly, income taxes are not provided in the accompanying financial statements. The corporation does not believe that it has taken any uncertain tax positions and, accordingly, has not recorded any reserves for uncertain tax positions.

Raw XML AppendixShowing 400 of 544 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/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY GOVERNMENT SUBSIDIZED HOUSING TO SENIOR CITIZENS AND DISABLED PERSONS AT AFFORDABLE RATES, WITH ATTRACTIVE AMENITITES, INCLUDING PRIVATE PATIOS, PORCH AND WALKING PATH AROUND ENTIRE 16 BUILDING COMPLEX. GROUND IS AVAILABLE TO PLANT FLOWERS AND A GARDEN. EACH BUILDING CONTAINS WASHER/DRYER FACILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04701646
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04581288
IRS990/NetAssetsOrFundBalancesBOYAmt0-752075
IRS990/NetAssetsOrFundBalancesEOYAmt0-631035
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-752075
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-631035
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0166485
IRS990/OccupancyGrp/TotalAmt0166485
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt087917
IRS990/OfficeExpensesGrp/TotalAmt087917
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01507042
IRS990/OtherAssetsTotalGrp/EOYAmt01575517
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt084172
IRS990/OtherEmployeeBenefitsGrp/TotalAmt084172
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2RECREATION AND REHABILI
IRS990/OtherExpensesGrp/ProgramServicesAmt0587607
IRS990/OtherExpensesGrp/ProgramServicesAmt115000
IRS990/OtherExpensesGrp/ProgramServicesAmt211769
IRS990/OtherExpensesGrp/TotalAmt0587607
IRS990/OtherExpensesGrp/TotalAmt115000
IRS990/OtherExpensesGrp/TotalAmt211769
IRS990/OtherLiabilitiesGrp/BOYAmt074180
IRS990/OtherLiabilitiesGrp/EOYAmt074728
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047854
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0147057
IRS990/OtherSalariesAndWagesGrp/TotalAmt0194911
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04254
IRS990/PayrollTaxesGrp/ProgramServicesAmt013071
IRS990/PayrollTaxesGrp/TotalAmt017325
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015261
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017675
IRS990/PrincipalOfficerNm0FRED LUKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/Desc0INCOME HOUSING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0675931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0675931
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01206819
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019239
IRS990/PYOtherExpensesAmt01601507
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0653685
IRS990/PYRevenuesLessExpensesAmt049064
IRS990/PYSalariesCompEmpBnftPaidAmt0229172
IRS990/PYTotalExpensesAmt01830679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01879743
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0121040
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0675931
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01295578
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01206819
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01103726
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01102094
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01123293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05831510
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt019239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08586
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02983
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03810
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt055979
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0675931
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0653685
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0566653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0570217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0558938
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03025424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt019239
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02983
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03810
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt055979
IRS990ScheduleA/InvestmentIncomeCYPct00.00630
IRS990ScheduleA/InvestmentIncomePYPct00.00480
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99520
IRS990ScheduleA/PublicSupportTotal509Amt08856934
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01971509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01860504
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01670379
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01672311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01682231
IRS990ScheduleA/Total509Grp/TotalAmt08856934
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01992870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01879743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01678965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01675294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01686041
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08912913
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/BookValueAmt01476693
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08304797
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09781490
IRS990ScheduleD/EquipmentGrp/BookValueAmt053583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0772411
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0825994
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01871830
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0878930
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0878930
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053399
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt169726
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21400207
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt352185
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUE WAGES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01992870
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVISION FOR INCOME TAXES ARE NOT REQUIRED SINCE THE CORPORATION IS A NONPROFIT ORGANIZATION ESTABLISHED UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02409206
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01575517
IRS990ScheduleD/TotalExpensesPerForm990Amt01871830
IRS990ScheduleD/TotalLiabilityAmt074728
IRS990ScheduleD/TotalRevenuePerForm990Amt01992870
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01992870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01871830
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DELEGATES THE MANAGERIAL AND OPERATIONAL DUTIES TO ROBERT COTTINGHAM PROPERTY MANAGEMENT CO., LOCATED AT THE ADDRESS LISTED UNDER PART VI, SECTION C, LINE 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL 990 AND SUPPORTING SCHEDULES ARE REVIEWED BY THE BOARD. THIS REVIEW MAY OCCUR BEFORE OR AFTER FILING THE RETURN, DEPENDING ON HOW MUCH TIME IS AVAILABLE BETWEEN THE COMPLETION OF THE RETURN AND THE FILING DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY POSSIBLE CONFLICTS OF INTEREST WOULD BECOME A MATTER OF RECORD IN THE MONTHLY REVIEW OF THE CORPORATION'S FINANCIAL REPORTS, WITH REGARD TO REVIEW OF ITEMIZED EXPENDITURES, IDENTIFYING RECIPIENTS WITH AN EXPLANATION OF EACH DISBURSEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF LEISURE ACRES PHASE II FINANCIAL STATEMENT WOULD BE PROVIDED UPON REQUEST, SHOULD THERE BE ANY INQUIRY INTO BOARD POLICIES AND PROCEDURES. ANY INTERESTED PARTIES WOULD BE INVITED TO MEET WITH THE BOARD TO ADDRESS OR DISCUSS ANY ISSUES OR CONCERNS ABOUT LEISURE ACRES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR OVERSEEING THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0460628508
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING FOR SENIORS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LEISURE ACRES PHASE 1 GP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0215 WEST SAM STONE DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0PEORIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd061605
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0383881761

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