Civic Intelligence

Community Housing Development

990 • Fiscal year 2013 • EIN 41-1699606

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 24, 2014

Organization ProfileN/A
614 North First Street Suite 100Minneapolis, MN 55401-3101

(612) 332-6264

Siviq Scores

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

Liabilities / Assets

94th percentile

1.05x

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

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

5.75x

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

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Net Margin

10th percentile

-14%

Higher net margin than 10% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Top Officer Pay

41st percentile

$275,502

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Asset Growth

29th percentile

1.0%

Faster asset growth than 29% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$82,287,123

Up $811,295 (+1.0%) from 2012

Net Assets

Down

-$3,961,066

Down $2,174,195 (-122%) from 2012

Liabilities

Up

$86,248,189

Up $2,985,490 (+3.6%) from 2012

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin10th percentile

Revenue

$14,996,808

No earlier filing loaded for comparison.

Expenses

Up

$17,161,586

Up $1,153,477 (+7.2%) from 2012

Net Income

-$2,164,778

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$300M$200M$100M$0-$100MAssets 2010: $54,885,699Liabilities 2010: $56,749,281Net Assets 2010: -$1,863,5822010Assets 2011: $74,265,568Liabilities 2011: $75,936,778Net Assets 2011: -$1,671,2102011Assets 2012: $81,475,828Liabilities 2012: $83,262,699Net Assets 2012: -$1,786,8712012Assets 2013: $82,287,123Liabilities 2013: $86,248,189Net Assets 2013: -$3,961,0662013Assets 2014: $85,417,378Liabilities 2014: $90,957,937Net Assets 2014: -$5,540,5592014Assets 2015: $97,776,898Liabilities 2015: $99,800,272Net Assets 2015: -$2,023,3742015Assets 2016: $104,543,079Liabilities 2016: $107,043,313Net Assets 2016: -$2,500,2342016Assets 2017: $112,714,358Liabilities 2017: $105,856,544Net Assets 2017: $6,857,8142017Assets 2018: $127,559,283Liabilities 2018: $116,439,669Net Assets 2018: $11,119,6142018Assets 2019: $141,445,406Liabilities 2019: $119,861,607Net Assets 2019: $21,583,7992019Assets 2020: $153,060,672Liabilities 2020: $121,570,297Net Assets 2020: $31,490,3752020Assets 2021: $174,341,513Liabilities 2021: $126,679,750Net Assets 2021: $47,661,7632021Assets 2022: $176,256,885Liabilities 2022: $131,572,874Net Assets 2022: $44,684,0112022Assets 2023: $186,696,733Liabilities 2023: $127,756,717Net Assets 2023: $58,940,0162023Assets 2024: $208,391,097Liabilities 2024: $122,560,479Net Assets 2024: $85,830,6182024

Highlighted filing

2013

Assets$82,287,123
Liabilities$86,248,189
Net Assets-$3,961,066
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0-$20MExpenses 2010: $12,083,7802010Expenses 2011: $14,603,1472011Expenses 2012: $16,008,1092012Revenue 2013: $14,996,808Expenses 2013: $17,161,586Net Income 2013: -$2,164,7782013Revenue 2014: $16,568,208Expenses 2014: $17,845,467Net Income 2014: -$1,277,2592014Revenue 2015: $22,123,101Expenses 2015: $20,352,521Net Income 2015: $1,770,5802015Revenue 2016: $22,015,707Expenses 2016: $22,610,342Net Income 2016: -$594,6352016Revenue 2017: $28,453,197Expenses 2017: $19,563,629Net Income 2017: $8,889,5682017Revenue 2018: $26,637,421Expenses 2018: $20,992,653Net Income 2018: $5,644,7682018Revenue 2019: $33,177,223Expenses 2019: $23,129,463Net Income 2019: $10,047,7602019Revenue 2020: $33,802,990Expenses 2020: $23,538,145Net Income 2020: $10,264,8452020Revenue 2021: $41,938,944Expenses 2021: $24,595,932Net Income 2021: $17,343,0122021Revenue 2022: $21,857,474Expenses 2022: $22,618,343Net Income 2022: -$760,8692022Revenue 2023: $37,044,209Expenses 2023: $24,030,318Net Income 2023: $13,013,8912023Revenue 2024: $52,392,030Expenses 2024: $26,387,402Net Income 2024: $26,004,6282024

Highlighted filing

2013

Revenue$14,996,808
Expenses$17,161,586
Net Income-$2,164,778
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 24, 2014
Return Version
2013v3.0
Gross Receipts
$15,004,132
Mission and Program Overview

Mission

To provide, among other related purposes, decent housing that is affordable to low-income and moderate-income persons.

To provide decent housing that is affordable to low-income and moderate-income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$70,072,479$70,462,933▲ $390,454
Other Notes and Loans Receivable, Net$1,362,807$1,355,828▼ $6,979
Savings and Temporary Cash Investments$1,278,194$1,173,073▼ $105,121
Intangible Assets$871,255$890,648▲ $19,393
Cash and Non-Interest-Bearing Accounts$1,591,559$838,048▼ $753,511
Accounts Receivable$171,138$692,246▲ $521,108
Investments Program Related$549,480$540,063▼ $9,417
Prepaid Expenses and Deferred Charges$202,968$200,919▼ $2,049
Total Assets$81,475,828$82,287,123▲ $811,295
Other Assets Total$5,375,948$6,133,365▲ $757,417
Liabilities
Mortgage Notes Payable Secured by Investment Property$72,264,443$75,071,201▲ $2,806,758
Accounts Payable and Accrued Expenses$3,991,077$4,745,203▲ $754,126
Tax Exempt Bond Liabilities$4,436,504$4,181,252▼ $255,252
Other Liabilities$2,570,675$2,250,532▼ $320,143
Total Liabilities$83,262,699$86,248,189▲ $2,985,490
Net Assets / Fund Balance
Temporarily Rstr Net Assets$310,000$310,000→ $0
Unrestricted Net Assets$-2,096,871$-4,271,066▼ $2,174,195
Total Net Assets Fund Balance$-1,786,871$-3,961,066▼ $2,174,195
Total Liabilities and Net Assets / Fund Balance$81,475,828$82,287,123▲ $811,295

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,724,573$29,495,885$90,220,458
Land$7,100,806-$7,100,806
Other Land Buildings$1,842,391$1,034,717$2,877,108
Equipment$317,525$1,804,014$2,121,539
Leasehold Improvements$477,638$975,266$1,452,904
Other Assets Org$380,005--
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard BrustadPresidentFT$207,200$68,302$275,502
Linda BartolettiVice President, AdministrationFT$151,935$64,449$216,384
Sarah MatalaAsset ManagerFT$145,765$48,276$194,041
Allison BoisvertBoard Member--$600$600
Deborah WolkingBoard Member--$600$600
Karen ReidBoard Member--$400$400
Richard JeffersonBoard Chair--$400$400
Dorothy DaveyBoard Member--$200$200

Board Members and Trustees

NameTitle
Carolyn OlsonVP; SECRETARY/TREASURER

Highest Paid Contractors

ContractorServicesLocationCompensation
Bdc Management CompanyProperty Management-$826,043
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,969,210
Investment Income
$27,598
Other Revenue
$0
Change in Net Assets
$-2,164,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,368,063
Salaries, Compensation, and Employee Benefits$789,523
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$3,433,098$572-$3,433,670
Interest$1,519,341$4,538-$1,523,879
Other Expenses$1,171,801--$1,171,801
All Other Expenses$1,040,141--$1,040,141
Fees for Services Management$881,268--$881,268
Insurance$376,308$962-$377,270
Other Salaries and Wages$195,015$151,935-$346,950
Current Officers, Directors, Trustees, and Key Employees$275,502--$275,502
Other Employee Benefits$99,812$34,099-$133,911
Fees for Services Accounting$70,004$13,390-$83,394
Occupancy$62,815$12,015-$74,830
Office Expenses$43,073$8,239-$51,312
Payroll Taxes$27,836$5,324-$33,160
Fees for Services Other$26,708$3,737-$30,445
Conferences and Meetings$5,058$3,168-$8,226
Fees for Services Legal$3,815$730-$4,545
Grants to Domestic Individuals$4,000--$4,000
Travel$1,601$307-$1,908
Total Functional Expenses$16,922,570$239,016$0$17,161,586
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
Taxable Bonds Payable$1,605,000
Tenant Security Deposits$517,610
Due to Limited Partnerships$127,922

Bond Issues

BondIssuerIssuedIssue PricePurpose
D41-08554602010-08-20$5,805,467Rehabilitation of the project
A41-60050112005-07-29$4,773,298Rehabilitation of the project
B41-60052472008-06-27$4,635,000Rehabilitation of the project
C41-60054492008-12-19$3,360,000Rehabilitation of the project

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----
C----
D----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The form 990 is approved by the board of directors prior to filing.”

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

“A comparability study is performed and then the salaries are reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Available upon request at chdc's office.”

Filing and Contact Details

Filer

EIN
41-1699606
Phone
6123326264

Signing Officer

Name
Richard Brustad
Title
President
Phone
6123326264
Signed
2014-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Brustad
Formed
1991
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
4
Volunteers
0

Preparer

Preparer
Rozalyn Z Allyson
Phone
6512276695
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer related to purchase of limited partner interest -8,000. Equity loss in androy lp -1,417.”

Form 990, Part X11, Line 2C

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

Financial Statement Notes

PART X, LINE 2:

“Federal and state tax authorities generally have the right to examine the previous three years of income tax returns. The corporation is not currently under examination by any taxing jurisdiction. Any interest or penalties associated with tax positions are reported as non-operating expenses. There were no interest or penalties recorded in the financial statements.”

Raw XML AppendixShowing 400 of 1,190 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/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP; SECRETARY/TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSET MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT, ADMINISTRATION
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE, AMONG OTHER RELATED PURPOSES, DECENT HOUSING THAT IS AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME PERSONS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-7324
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7324
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt074830
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08239
IRS990/OfficeExpensesGrp/ProgramServicesAmt043073
IRS990/OfficeExpensesGrp/TotalAmt051312
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05375948
IRS990/OtherAssetsTotalGrp/EOYAmt06133365
IRS990/OtherChangesInNetAssetsAmt0-9417
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034099
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt099812
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133911
IRS990/OtherExpensesGrp/Desc0MAINTENANCE/OPERATIONS
IRS990/OtherExpensesGrp/Desc1PAYROLL REIMBURSEMENTS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE
IRS990/OtherExpensesGrp/ProgramServicesAmt03406385
IRS990/OtherExpensesGrp/ProgramServicesAmt12836863
IRS990/OtherExpensesGrp/ProgramServicesAmt21442126
IRS990/OtherExpensesGrp/ProgramServicesAmt31171801
IRS990/OtherExpensesGrp/TotalAmt03406385
IRS990/OtherExpensesGrp/TotalAmt12836863
IRS990/OtherExpensesGrp/TotalAmt21442126
IRS990/OtherExpensesGrp/TotalAmt31171801
IRS990/OtherLiabilitiesGrp/BOYAmt02570675
IRS990/OtherLiabilitiesGrp/EOYAmt02250532
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0151935
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0195015
IRS990/OtherSalariesAndWagesGrp/TotalAmt0346950
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01362807
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01355828
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05324
IRS990/PayrollTaxesGrp/ProgramServicesAmt027836
IRS990/PayrollTaxesGrp/TotalAmt033160
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0202968
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0200919
IRS990/PrincipalOfficerNm0RICHARD BRUSTAD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2EARNED FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014205956
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1415760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2347494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014205956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1415760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2347494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0144795
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02108
IRS990/PYInvestmentIncomeAmt039045
IRS990/PYOtherExpensesAmt015137237
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt015115108
IRS990/PYRevenuesLessExpensesAmt0-709161
IRS990/PYSalariesCompEmpBnftPaidAmt0868764
IRS990/PYTotalExpensesAmt016008109
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015298948
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2164778
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt014969210
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01278194
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01173073
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0144795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01647767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt073959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016064
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01882585
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034922
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt036455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037859
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt060743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0141343
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0311322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015248210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt015115108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013303127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011834906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09990192
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065491543
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034922
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt036455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037859
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt060743
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0141343
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0311322
IRS990ScheduleA/InvestmentIncomeCYPct00.00460
IRS990ScheduleA/InvestmentIncomePYPct00.00760
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99540
IRS990ScheduleA/PublicSupportPY509Pct00.99240
IRS990ScheduleA/PublicSupportTotal509Amt067374128
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015248210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt015259903
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014950894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011908865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010006256
IRS990ScheduleA/Total509Grp/TotalAmt067374128
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015283132
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt015296358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014988753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011969608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010147599
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt067685450
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt060724573
IRS990ScheduleD/BuildingsGrp/DepreciationAmt029495885
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt090220458
IRS990ScheduleD/EquipmentGrp/BookValueAmt0317525
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01804014
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02121539
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0975266
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01452904
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05551648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1104781
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt296931
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3380005
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH RESERVES AND ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM LTD PARTNERSHIPS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEVELOPER FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PROPERTY HELD FOR DEVELOPMENT
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01034717
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02877108
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0517610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11605000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2127922
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TAXABLE BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO LIMITED PARTNERSHIPS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE PREVIOUS THREE YEARS OF INCOME TAX RETURNS. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX POSITIONS ARE REPORTED AS NON-OPERATING EXPENSES. THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt06133365
IRS990ScheduleD/TotalLiabilityAmt02250532
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$82,287,123
Liabilities
$86,248,189
Net assets
-$3,961,066
Revenue
$14,996,808
Expenses
$17,161,586
Net income
-$2,164,778
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$208$123$85.8$52.4$26.4$26.0
2023Detailed filing. Detailed filing data is available for this year.$187$128$58.9$37.0$24.0$13.0
2022Detailed filing. Detailed filing data is available for this year.$176$132$44.7$21.9$22.6$0.76
2021Detailed filing. Detailed filing data is available for this year.$174$127$47.7$41.9$24.6$17.3
2020Detailed filing. Detailed filing data is available for this year.$153$122$31.5$33.8$23.5$10.3
2019Detailed filing. Detailed filing data is available for this year.$141$120$21.6$33.2$23.1$10.0
2018Detailed filing. Detailed filing data is available for this year.$128$116$11.1$26.6$21.0$5.64
2017Detailed filing. Detailed filing data is available for this year.$113$106$6.86$28.5$19.6$8.89
2016Detailed filing. Detailed filing data is available for this year.$105$107$2.50$22.0$22.6$0.59
2015Detailed filing. Detailed filing data is available for this year.$97.8$99.8$2.02$22.1$20.4$1.77
2014Detailed filing. Detailed filing data is available for this year.$85.4$91.0$5.54$16.6$17.8$1.28
2013Detailed filing. Detailed filing data is available for this year.$82.3$86.2$3.96$15.0$17.2$2.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.5$83.3$1.79$16.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$75.9$1.67$14.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.9$56.7$1.86$12.1