Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2019 • EIN 39-1591829

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 05, 2020

11315 W Watertown Plank RoadWauwatosa, WI 53226

(414) 302-4300

Siviq Scores

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

Liabilities / Assets

96th percentile

1.42x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

2.75x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$256,019

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 61.4% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

21st percentile

-6.4%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

0.0%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$803,863

Down $54,878 (-6.4%) from 2018

Net Assets

Up

-$340,852

Up $5,839 (+1.7%) from 2018

Liabilities

Down

$1,144,715

Down $60,717 (-5.0%) from 2018

Revenue

Up

$416,959

Up $80 (+0.0%) from 2018

Expenses

Up

$407,227

Up $22,563 (+5.9%) from 2018

Net Income

Down

$9,732

Down $22,483 (-70%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,176,065Liabilities 2010: $1,422,830Net Assets 2010: -$246,7652010Assets 2011: $1,132,998Liabilities 2011: $1,392,022Net Assets 2011: -$259,0242011Assets 2012: $1,089,804Liabilities 2012: $1,380,034Net Assets 2012: -$290,2302012Assets 2013: $1,009,445Liabilities 2013: $1,341,243Net Assets 2013: -$331,7982013Assets 2014: $966,147Liabilities 2014: $1,323,431Net Assets 2014: -$357,2842014Assets 2015: $920,158Liabilities 2015: $1,316,144Net Assets 2015: -$395,9862015Assets 2016: $863,796Liabilities 2016: $1,248,554Net Assets 2016: -$384,7582016Assets 2017: $867,534Liabilities 2017: $1,246,440Net Assets 2017: -$378,9062017Assets 2018: $858,741Liabilities 2018: $1,205,432Net Assets 2018: -$346,6912018Assets 2019: $803,863Liabilities 2019: $1,144,715Net Assets 2019: -$340,8522019Assets 2020: $791,430Liabilities 2020: $1,117,846Net Assets 2020: -$326,4162020Assets 2021: $741,616Liabilities 2021: $1,056,805Net Assets 2021: -$315,1892021Assets 2022: $724,241Liabilities 2022: $1,013,852Net Assets 2022: -$289,6112022Assets 2023: $710,686Liabilities 2023: $976,454Net Assets 2023: -$265,7682023Assets 2024: $688,073Liabilities 2024: $898,249Net Assets 2024: -$210,1762024

Highlighted filing

2019

Assets$803,863
Liabilities$1,144,715
Net Assets-$340,852

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $350,261Expenses 2010: $370,705Net Income 2010: -$20,4442010Revenue 2011: $372,811Expenses 2011: $385,070Net Income 2011: -$12,2592011Revenue 2012: $371,560Expenses 2012: $402,766Net Income 2012: -$31,2062012Revenue 2013: $332,687Expenses 2013: $374,255Net Income 2013: -$41,5682013Revenue 2014: $378,874Expenses 2014: $404,360Net Income 2014: -$25,4862014Revenue 2015: $380,315Expenses 2015: $419,017Net Income 2015: -$38,7022015Revenue 2016: $416,956Expenses 2016: $405,729Net Income 2016: $11,2272016Revenue 2017: $402,778Expenses 2017: $396,926Net Income 2017: $5,8522017Revenue 2018: $416,879Expenses 2018: $384,664Net Income 2018: $32,2152018Revenue 2019: $416,959Expenses 2019: $407,227Net Income 2019: $9,7322019Revenue 2020: $429,328Expenses 2020: $414,892Net Income 2020: $14,4362020Revenue 2021: $430,386Expenses 2021: $419,159Net Income 2021: $11,2272021Revenue 2022: $449,619Expenses 2022: $424,041Net Income 2022: $25,5782022Revenue 2023: $464,070Expenses 2023: $440,227Net Income 2023: $23,8432023Revenue 2024: $485,698Expenses 2024: $430,106Net Income 2024: $55,5922024

Highlighted filing

2019

Revenue$416,959
Expenses$407,227
Net Income$9,732
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 5, 2020
Return Version
2018v3.2
Gross Receipts
$416,959
Mission and Program Overview

Mission

Provide housing for low and moderate income elderly and handicapped people.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$723,793$686,894▼ $36,899
Savings and Temporary Cash Investments$47,695$64,218▲ $16,523
Cash and Non-Interest-Bearing Accounts$31,650$23,109▼ $8,541
Pledges and Grants Receivable$41,924$15,906▼ $26,018
Accounts Receivable$1,011$835▼ $176
Total Assets$858,741$803,863▼ $54,878
Other Assets Total$12,668$12,901▲ $233
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,143,665$1,092,009▼ $51,656
Accounts Payable and Accrued Expenses$50,022$40,729▼ $9,293
Other Liabilities$11,745$11,977▲ $232
Total Liabilities$1,205,432$1,144,715▼ $60,717
Net Assets / Fund Balance
Unrestricted Net Assets$-346,691$-340,852▲ $5,839
Total Net Assets Fund Balance$-346,691$-340,852▲ $5,839
Total Liabilities and Net Assets / Fund Balance$858,741$803,863▼ $54,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$464,786$965,330$1,430,116
Leasehold Improvements$120,858$43,667$164,525
Land$94,026-$94,026
Equipment$7,224$70,605$77,829
Other Land Buildings$0$35,392$35,392
Compensation and Service Providers

Employees

NameTitleOtherTotal
F Bradford BaileyPresident$60,127$60,127
Renea SmithAsst Secretary$53,829$53,829
Steven M HowardVice President$52,961$52,961
Beverly GatesAsst Treasurer$51,197$51,197
Philip MaxwellDirector$46,573$46,573
Steve MerrittDirector$30,739$30,739

Board Members and Trustees

NameTitle
David E HudsonChairman
Bramwell E HigginsSecretary
Richard T AmickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$270,219
Program Service Revenue
$143,370
Investment Income
$317
Other Revenue
$3,053
All Other Contributions
$30,620
Change in Net Assets
$9,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$416,959
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$416,959
Total Revenue per Form 990
$416,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$312,632
Salaries, Compensation, and Employee Benefits$94,595
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$104,043--$104,043
Other Salaries and Wages$58,479$22,999-$81,478
Occupancy$61,675$9,051-$70,726
Office Expenses$34,199$16,519-$50,718
Depreciation Depletion$36,899--$36,899
Fees for Services Management-$23,040-$23,040
Insurance$13,684--$13,684
Fees for Services Accounting-$12,983-$12,983
Other Employee Benefits$7,316--$7,316
Payroll Taxes$5,801--$5,801
Advertising-$539-$539
Total Functional Expenses$322,096$85,131$0$407,227

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$407,227
Total Expenses per Audited Statements$407,227
Total Expenses per Form 990$407,227
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 Deposits Held in Trust$11,977
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Line 3 explanation - the salvation army performs management functions for the organization.

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

Line 7b explanation - the organization operates an apartment complex under section 202 of the national housing act. Items such as rent charges, major additions and renovations and cash distributions to officers and directors are subject to prior approval by the u.s. Department of housing and urban development.

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

Line 11b explanation - the finished form 990 is reviewed by the organization's tax committee prior to it being filed.

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

Booth manor, inc. Is an affiliate of salvation army. The conflict of interest policy of the salvation army governs the actions of directors and trustees of booth manor, inc. The following is a description of salvation armys conflict of interest policy: in order to avoid any appearance that the judgment of a salvation army officer or employee has been influenced, it is the policy of the salvation army that salvation army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to the salvation army (referred to in this policy as vendors). No salvation army officer or employee will accept employment by, or act as a consultant to, any vendor. No salvation army officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to the salvation army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (a) legitimate business related meals or (b) entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor. Implementation: all salvation army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of the salvation army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a salvation army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in the salvation army central territory employee manual, and all employees of the salvation army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by the salvation army, up to and including termination.

Form 990, Part VI, Section C, Line 19

Booth manor, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
39-1591829
Phone
4143024300
Address
11315 W WATERTOWN PLANK ROAD, WAUWATOSA, WI 53226

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Phone
4143024300
Signed
2020-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bramwell E Higgins
Formed
1992
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Fin 48 (asc 740) footnote schedule d, part x, line 2 the corporation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of section 501(a) of the code. In the event the corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of september 30, 2019 and 2018. The corporation adopted the standard for accounting for uncertainty in income taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

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IRS990/MissionDesc0PROVIDE LOW-INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01143665
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01092009
IRS990/NetAssetsOrFundBalancesBOYAmt0-346691
IRS990/NetAssetsOrFundBalancesEOYAmt0-340852
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09051
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IRS990/OccupancyGrp/TotalAmt070726
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt012901
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherLiabilitiesGrp/EOYAmt011977
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt03053
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IRS990/OtherSalariesAndWagesGrp/TotalAmt081478
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05801
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015906
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRAMWELL E HIGGINS
IRS990/PriorPeriodAdjustmentsAmt0-3893
IRS990/ProfessionalFundraisingInd00
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09732
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0143370
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047695
IRS990/SavingsAndTempCashInvstGrp/EOYAmt064218
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0143370
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0136361
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0169249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0352296
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0317
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IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03053
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04134
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07187
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.47130
IRS990ScheduleA/PublicSupportPY509Pct00.50500
IRS990ScheduleA/PublicSupportTotal509Amt0956540
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0229599
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0229898
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0223222
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0219549
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0163050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01065318
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0229599
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0229898
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0223222
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0219549
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0163050
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01065318
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0413589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0412601
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0398500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0416911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0380257
IRS990ScheduleA/Total509Grp/TotalAmt02021858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0416959
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0416879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0398564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0416956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0380315
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02029673
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/BookValueAmt0464786
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0965330
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01430116
IRS990ScheduleD/EquipmentGrp/BookValueAmt07224
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077829
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0407227
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt094026
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094026
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0120858
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt043667
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0164525
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035392
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0416959
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS RECOGNIZED IN THE FINANCIAL STATEMENTS. IT IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE CODE. IN THE EVENT THE CORPORATION WAS TO LOSE ITS TAX EXEMPT STATUS, INCOME TAX EXPENSE FOR THE TAX REPORTING ENTITY WOULD INCLUDE FEDERAL AND STATE TAXES CURRENTLY PAYABLE AND DEFERRED TAXES ARISING FROM TEMPORARY DIFFERENCES BETWEEN INCOME FOR FINANCIAL REPORTING AND INCOME TAX PURPOSES. NO SUCH DIFFERENCES EXISTED AS OF SEPTEMBER 30, 2019 AND 2018. THE CORPORATION ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. FEDERAL AND STATE TAX AUTHORITIES (IF APPLICABLE) GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0686894
IRS990ScheduleD/TotalExpensesPerForm990Amt0407227
IRS990ScheduleD/TotalLiabilityAmt011977
IRS990ScheduleD/TotalRevenuePerForm990Amt0416959
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0416959
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0407227
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
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/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0230338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1160867
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16225
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18308
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.90$0.21$0.49$0.43$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.71$0.98$0.27$0.46$0.44$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.72$1.01$0.29$0.45$0.42$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$1.06$0.32$0.43$0.42$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.79$1.12$0.33$0.43$0.41$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.80$1.14$0.34$0.42$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.86$1.21$0.35$0.42$0.38$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.87$1.25$0.38$0.40$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.86$1.25$0.38$0.42$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.92$1.32$0.40$0.38$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.97$1.32$0.36$0.38$0.40$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.34$0.33$0.33$0.37$0.04
2012Summary only. Only limited summary data is available for this year.$1.09$1.38$0.29$0.37$0.40$0.03
2011Summary only. Only limited summary data is available for this year.$1.13$1.39$0.26$0.37$0.39$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$1.42$0.25$0.35$0.37$0.02