Civic Intelligence

Calvary Housing Development Ltd

EIN 39-1240728 • 501(c)3 • Milwaukee, WI

Profile

Provide 70 units of low cost housing to the elderly and handicapped

3161 N Martin Luther King DrMilwaukee, WI 53212

none

Siviq Scores

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

Liabilities / Assets

89th percentile

0.74x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

2.30x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

36th percentile

-0.9%

Higher net margin than 36% 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

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

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

Revenue Growth

33rd percentile

-2.1%

Faster revenue growth than 33% of similar nonprofits.

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

Assets

Up

$1,835,350

Up $258,211 (+16%) from 2023

Liabilities

Up

$1,364,245

Up $263,340 (+24%) from 2023

Net Assets

Down

$471,105

Down $5,129 (-1.1%) from 2023

Revenue

Down

$594,030

Down $12,937 (-2.1%) from 2023

Expenses

Up

$599,159

Up $39,992 (+7.2%) from 2023

Net Income

Down

-$5,129

Down $52,929 (-111%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $739,919Liabilities 2010: $587,376Net Assets 2010: $152,5432010Assets 2011: $735,585Liabilities 2011: $528,972Net Assets 2011: $206,6132011Assets 2012: $700,488Liabilities 2012: $462,595Net Assets 2012: $237,8932012Assets 2013: $1,592,818Liabilities 2013: $1,377,094Net Assets 2013: $215,7242013Assets 2014: $1,552,657Liabilities 2014: $1,344,257Net Assets 2014: $208,4002014Assets 2015: $1,556,656Liabilities 2015: $1,323,500Net Assets 2015: $233,1562015Assets 2016: $1,532,279Liabilities 2016: $1,301,973Net Assets 2016: $230,3062016Assets 2017: $1,565,633Liabilities 2017: $1,272,686Net Assets 2017: $292,9472017Assets 2018: $1,569,370Liabilities 2018: $1,263,456Net Assets 2018: $305,9142018Assets 2019: $1,517,500Liabilities 2019: $1,217,325Net Assets 2019: $300,1752019Assets 2020: $1,529,783Liabilities 2020: $1,189,378Net Assets 2020: $340,4052020Assets 2021: $1,580,060Liabilities 2021: $1,161,775Net Assets 2021: $418,2852021Assets 2022: $1,568,868Liabilities 2022: $1,140,434Net Assets 2022: $428,4342022Assets 2023: $1,577,139Liabilities 2023: $1,100,905Net Assets 2023: $476,2342023Assets 2024: $1,835,350Liabilities 2024: $1,364,245Net Assets 2024: $471,1052024

Highlighted filing

2024

Assets$1,835,350
Liabilities$1,364,245
Net Assets$471,105

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $406,6662010Revenue 2011: $454,433Expenses 2011: $401,278Net Income 2011: $53,1552011Expenses 2012: $446,5312012Revenue 2013: $472,410Expenses 2013: $494,579Net Income 2013: -$22,1692013Revenue 2014: $462,240Expenses 2014: $469,564Net Income 2014: -$7,3242014Revenue 2015: $517,854Expenses 2015: $493,098Net Income 2015: $24,7562015Revenue 2016: $517,277Expenses 2016: $520,127Net Income 2016: -$2,8502016Revenue 2017: $518,915Expenses 2017: $456,274Net Income 2017: $62,6412017Revenue 2018: $569,375Expenses 2018: $556,408Net Income 2018: $12,9672018Revenue 2019: $524,025Expenses 2019: $529,764Net Income 2019: -$5,7392019Revenue 2020: $577,047Expenses 2020: $536,817Net Income 2020: $40,2302020Revenue 2021: $611,293Expenses 2021: $533,416Net Income 2021: $77,8772021Revenue 2022: $600,104Expenses 2022: $589,955Net Income 2022: $10,1492022Revenue 2023: $606,967Expenses 2023: $559,167Net Income 2023: $47,8002023Revenue 2024: $594,030Expenses 2024: $599,159Net Income 2024: -$5,1292024

Highlighted filing

2024

Revenue$594,030
Expenses$599,159
Net Income-$5,129

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$1.36$0.47$0.59$0.60$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$1.10$0.48$0.61$0.56$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.14$0.43$0.60$0.59$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$1.16$0.42$0.61$0.53$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.19$0.34$0.58$0.54$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$1.22$0.30$0.52$0.53$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.26$0.31$0.57$0.56$0.01
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.57$1.27$0.29$0.52$0.46$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.30$0.23$0.52$0.52$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.56$1.32$0.23$0.52$0.49$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$1.34$0.21$0.46$0.47$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$1.38$0.22$0.47$0.49$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.46$0.24$0.45
2011Summary only. Only limited summary data is available for this year.$0.74$0.53$0.21$0.45$0.40$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.59$0.15$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.2
Gross Receipts
$594,030
Mission and Program Overview

Mission

Provide 70 units of low cost housing to the elderly and handicapped

Low cost housing to the elderly and handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$400,785$436,531▲ $35,746
Prepaid Expenses and Deferred Charges$8,038$203,483▲ $195,445
Cash and Non-Interest-Bearing Accounts$51,470$113,227▲ $61,757
Intangible Assets$18,807$18,027▼ $780
Accounts Receivable$6,795$11,249▲ $4,454
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,577,139$1,835,350▲ $258,211
Other Assets Total$1,091,244$1,052,833▼ $38,411
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,072,837$1,041,275▼ $31,562
Accounts Payable and Accrued Expenses$8,111$303,657▲ $295,546
Other Liabilities$17,523$15,073▼ $2,450
Deferred Revenue$2,434$4,240▲ $1,806
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,100,905$1,364,245▲ $263,340
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$476,234$471,105▼ $5,129
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$476,234$471,105▼ $5,129
Total Liabilities and Net Assets / Fund Balance$1,577,139$1,835,350▲ $258,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$330,247$1,508,043$1,838,290
Equipment$21,410$366,323$387,733
Other Land Buildings$58,653$208,826$267,479
Land$26,221-$26,221
Other Assets Org$410,612--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$367,245
Program Service Revenue
$226,036
Investment Income
$749
Other Revenue
$0
Change in Net Assets
$-5,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$599,159
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
Occupancy$60,954--$60,954
Fees for Services Management$46,045--$46,045
Interest$34,427--$34,427
Insurance$30,490--$30,490
Depreciation Depletion$23,993--$23,993
Fees for Services Accounting$19,125--$19,125
Office Expenses$6,763$11,724-$18,487
Other Expenses$80,207$10,493-$10,493
All Other Expenses-$5,753-$5,753
Fees for Services Legal$2,124--$2,124
Total Functional Expenses$554,576$44,583$0$599,159
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$15,073
Governance and Compliance

Governance Checklist

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

Governance Explanations

Conflict of Interest and Part VI responses

Policies are reviewed by the BOD. A representive from the management company attends the BOD meeting. No members of the BOD or organization are renumerated. Only members of the management company who manages the property are compensated. There are no compensated officers.Management of the property is oursourced to a professional property management company TEAM Management

Filing and Contact Details

Filer

Filer Name
Calvary Housing Development Ltd
EIN
39-1240728
In Care Of
% TEAM MANAGEMENT LLC
Phone
4143721473
Address
3161 N MARTIN LUTHER KING DR, MILWAUKEE, WI 53212

Signing Officer

Name
Vanessa Brown
Title
Board President
Phone
4145874448
Signed
2025-10-28

Organization Details

Principal Officer
Vanessa Brown
Formed
1986
Legal Domicile
Wi
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Williams CPA LLC
Address
1850 N MARTIN LUTHER KING DR 201, MILWAUKEE, WI 53212
Preparer
Noel a Williams
Phone
4142646490
Supplemental Narrative

Additional Explanations

Form

The organization employed a management company, team management llc to perform substantially all of the property managment for the property. The 990 is reviewed by the board president and the president reviews with the board of directors. Conflicts of interests are discussed annually at the bod and all board members are required to disclose any conflicts. The organization does not have any individual salaries. The president of the organization serves on a volunteer basis.

Part XI - Rounding

Resulting from a rounding difference throughout of $1

Raw XML AppendixShowing 400 of 570 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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