Civic Intelligence

Ebenezer Ridge Point Apartments Inc.

990 • Fiscal year 2013 • EIN 41-1769727

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 05, 2014

13800 Community Drive55337

(952) 898-1989

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

68th percentile

0.30x

Higher debt load relative to revenue than 68% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

98th percentile

$532,773

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 175.7% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

26th percentile

-3.2%

Faster asset growth than 26% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M 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

Assets

Down

$2,282,624

Down $76,515 (-3.2%) from 2012

Net Assets

Down

$2,192,756

Down $82,168 (-3.6%) from 2012

Liabilities

Up

$89,868

Up $5,653 (+6.7%) from 2012

Revenue

$303,251

No earlier filing loaded for comparison.

Expenses

Up

$385,419

Up $10,867 (+2.9%) from 2012

Net Income

-$82,168

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,539,460Liabilities 2010: $141,932Net Assets 2010: $2,397,5282010Assets 2011: $2,429,720Liabilities 2011: $65,819Net Assets 2011: $2,363,9012011Assets 2012: $2,359,139Liabilities 2012: $84,215Net Assets 2012: $2,274,9242012Assets 2013: $2,282,624Liabilities 2013: $89,868Net Assets 2013: $2,192,7562013Assets 2014: $2,220,447Liabilities 2014: $119,966Net Assets 2014: $2,100,4812014Assets 2015: $2,177,943Liabilities 2015: $204,852Net Assets 2015: $1,973,0912015Assets 2016: $2,050,119Liabilities 2016: $165,894Net Assets 2016: $1,884,2252016Assets 2017: $1,999,428Liabilities 2017: $200,146Net Assets 2017: $1,799,2822017Assets 2018: $1,930,630Liabilities 2018: $224,478Net Assets 2018: $1,706,1522018Assets 2019: $1,861,790Liabilities 2019: $261,390Net Assets 2019: $1,600,4002019Assets 2020: $1,780,163Liabilities 2020: $288,065Net Assets 2020: $1,492,0982020Assets 2021: $1,656,931Liabilities 2021: $237,862Net Assets 2021: $1,419,0692021Assets 2022: $1,452,096Liabilities 2022: $108,470Net Assets 2022: $1,343,6262022Assets 2023: $1,418,998Liabilities 2023: $140,093Net Assets 2023: $1,278,9052023Assets 2024: $1,361,702Liabilities 2024: $123,233Net Assets 2024: $1,238,4692024

Highlighted filing

2013

Assets$2,282,624
Liabilities$89,868
Net Assets$2,192,756

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $345,4612010Expenses 2011: $367,5402011Expenses 2012: $374,5522012Revenue 2013: $303,251Expenses 2013: $385,419Net Income 2013: -$82,1682013Revenue 2014: $301,434Expenses 2014: $393,709Net Income 2014: -$92,2752014Revenue 2015: $310,509Expenses 2015: $437,899Net Income 2015: -$127,3902015Revenue 2016: $320,022Expenses 2016: $408,888Net Income 2016: -$88,8662016Revenue 2017: $320,912Expenses 2017: $405,855Net Income 2017: -$84,9432017Revenue 2018: $332,463Expenses 2018: $425,593Net Income 2018: -$93,1302018Revenue 2019: $340,517Expenses 2019: $446,269Net Income 2019: -$105,7522019Revenue 2020: $351,852Expenses 2020: $460,154Net Income 2020: -$108,3022020Revenue 2021: $358,526Expenses 2021: $431,553Net Income 2021: -$73,0272021Revenue 2022: $379,119Expenses 2022: $454,562Net Income 2022: -$75,4432022Revenue 2023: $403,078Expenses 2023: $467,799Net Income 2023: -$64,7212023Revenue 2024: $419,868Expenses 2024: $460,304Net Income 2024: -$40,4362024

Highlighted filing

2013

Revenue$303,251
Expenses$385,419
Net Income-$82,168
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 5, 2014
Return Version
2013v3.0
Gross Receipts
$303,251
Mission and Program Overview

Mission

Ebenezer helps older adults and others make their lives more independent, healthful, meaningful and secure.

The organization provides 42 apartment units of housing for the low-income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,119,295$2,009,998▼ $109,297
Savings and Temporary Cash Investments$181,047$204,543▲ $23,496
Cash and Non-Interest-Bearing Accounts$56,785$65,460▲ $8,675
Accounts Receivable$32$1,896▲ $1,864
Prepaid Expenses and Deferred Charges$1,980$727▼ $1,253
Total Assets$2,359,139$2,282,624▼ $76,515
Liabilities
Other Liabilities$40,957$50,217▲ $9,260
Accounts Payable and Accrued Expenses$24,170$23,074▼ $1,096
Escrow Account Liability$18,323$16,577▼ $1,746
Deferred Revenue$765$0▼ $765
Total Liabilities$84,215$89,868▲ $5,653
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,645,800$2,645,800→ $0
Unrestricted Net Assets$-370,876$-453,044▼ $82,168
Total Net Assets Fund Balance$2,274,924$2,192,756▼ $82,168
Total Liabilities and Net Assets / Fund Balance$2,359,139$2,282,624▼ $76,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,804,061$1,017,455$2,821,516
Land$169,864-$169,864
Equipment$36,073$16,873$52,946
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$288,537
Investment Income
$267
Other Revenue
$14,447
Change in Net Assets
$-82,168

Audited Revenue Reconciliation

Revenue per Audited Statements
$303,251
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$303,251
Total Revenue per Form 990
$303,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,921
Salaries, Compensation, and Employee Benefits$80,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$130,425--$130,425
Occupancy$86,929$5,335-$92,264
Other Salaries and Wages$24,275$36,337-$60,612
Fees for Services Management-$35,779-$35,779
Fees for Services Other$14,798--$14,798
Fees for Services Accounting-$11,004-$11,004
Other Employee Benefits$4,307$6,446-$10,753
Office Expenses$2,816$6,346-$9,162
Payroll Taxes$3,035$4,544-$7,579
Fees for Services Legal-$5,699-$5,699
Information Technology-$2,492-$2,492
Conferences and Meetings-$1,584-$1,584
Pension Plan Contributions$622$932-$1,554
All Other Expenses-$777-$777
Advertising-$601-$601
Interest$170--$170
Travel-$166-$166
Total Functional Expenses$267,377$118,042$0$385,419

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$385,419
Total Expenses per Audited Statements$385,419
Total Expenses per Form 990$385,419
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
Due to Related Party$50,217
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
Yes
Other officer compensation reviewed
Yes
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

Ebenezer ridge point apartments are managed under an agreement with ebenezer management services, inc.

Form 990, Part VI, Section A, Line 6

Ebenezer society is the sole member of ebenezer ridge point apartments. Ebenezer society will receive the net assets of ebenezer ridge point apartments in the event of the dissolution of the corporation.

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

Ebenezer society appoints the members of the board of directors of ebenezer ridge point apartments. Ebenezer society and ebenezer ridge point apartments share a common board of directors.

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

Ebenezer society appoints the members of the board of directors of ebenezer ridge point apartments. Ebenezer society and ebenezer ridge point apartments share a common board of directors.

Form 990, Part VI, Section B, Line 11

Form 990 draft is reviewed by the controller, cfo, and ceo prior to being submitted to the internal revenue service.

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

Any director, officer, or key employee of the organization or a member of a committee who is interested in a matter, contract, or transaction presented to the board or a committee for action, authorization, approval, or ratification shall (unless his or her interest therein is obvious from the matter, contract, or transaction itself), without request, make a prompt, full, and frank disclosure of his or her interest therein to the board or the committee, prior to action upon the matter, contract, or transaction. The disclosure shall include all material facts about the matter, contract, or transaction. The body to which the disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be deemed to exist. If the body to which the disclosure is made determines that a conflict exists or can reasonably be deemed to exist, that fact shall be noted in the minutes of the meeting at which the matter; contract, or transaction is considered or acted upon, and the interested person shall not vote on, nor use his or her personal influence on, nor participate (other than to present factual information or to respond to questions) in, the discussion or deliberations with respect to the matter, contract, or transaction. The interested person shall not be counted in determining the presence of a quorum at any meeting where the matter, contract, or transaction is considered or acted upon. The minutes of the meeting shall reflect the disclosure made, the vote on the existence of a conflict, and, where applicable, the interested person's abstention from voting and participation, and whether a quorum was present.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any of their officers. The organization's parent is responsible for the determination, review and approval of their compensation.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Form 990, Part VII

Compensation for richard howard is for services rendered to a related organization and not for his participation on the board of directors. Compensation for mark thomas and stephan grygar is for services rendered to a related organization and for their services with this organization.

Filing and Contact Details

Filer

EIN
41-1769727
Phone
9528981989

Signing Officer

Name
Steve Grygar
Title
Chief Financial Officer
Phone
6128743460
Signed
2014-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Thomas
Formed
1994
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Preparer
Tim a Ritter CPA
Phone
9525483400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.

Financial Statement Notes

PART IV, LINE 2B:

Security deposits advanced by the tenants of the project are held in trust by the project. The project records the amounts advanced by tenants, plus interest earned, as a liability.

PART X, LINE 2:

In order to account for any uncertain tax positions, the project determines whether it is more likely than not that a tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of the tax position is not recognized in the financial statements. The project has not recorded any assets or liabilities related to uncertain tax positions or unrecognized tax benefits as of december 31, 2013 or 2012. The project's federal returns for tax years 2010 and beyond remain subject to examination by the internal revenue service.

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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02022
IRS990/MissionDesc0EBENEZER HELPS OLDER ADULTS AND OTHERS MAKE THEIR LIVES MORE INDEPENDENT, HEALTHFUL, MEANINGFUL AND SECURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02274924
IRS990/NetAssetsOrFundBalancesEOYAmt02192756
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05335
IRS990/OccupancyGrp/ProgramServicesAmt086929
IRS990/OccupancyGrp/TotalAmt092264
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06346
IRS990/OfficeExpensesGrp/ProgramServicesAmt02816
IRS990/OfficeExpensesGrp/TotalAmt09162
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06446
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04307
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010753
IRS990/OtherLiabilitiesGrp/BOYAmt040957
IRS990/OtherLiabilitiesGrp/EOYAmt050217
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0CABLE TV INCOME
IRS990/OtherRevenueMiscGrp/Desc1VENDING REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt08916
IRS990/OtherRevenueMiscGrp/ExclusionAmt13509
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08916
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13509
IRS990/OtherRevenueTotalAmt014447
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036337
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024275
IRS990/OtherSalariesAndWagesGrp/TotalAmt060612
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04544
IRS990/PayrollTaxesGrp/ProgramServicesAmt03035
IRS990/PayrollTaxesGrp/TotalAmt07579
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0932
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0622
IRS990/PensionPlanContributionsGrp/TotalAmt01554
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01980
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0727
IRS990/PrincipalOfficerNm0MARK THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1HUD RENTAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0161923
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1126614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0161923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1126614
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0375
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0247
IRS990/PYOtherExpensesAmt0277302
IRS990/PYOtherRevenueAmt013540
IRS990/PYProgramServiceRevenueAmt0271413
IRS990/PYRevenuesLessExpensesAmt0-88977
IRS990/PYSalariesCompEmpBnftPaidAmt097250
IRS990/PYTotalExpensesAmt0374552
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0285575
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-82168
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0288537
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0181047
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0204543
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0657165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0707099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0247
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0285
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02977
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0288537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0271413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0271326
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0261309
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0251762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01344347
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt014447
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt013540
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt012846
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt012664
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt013073
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt066570
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0247
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03958
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99560
IRS990ScheduleA/PublicSupportTotal509Amt02118016
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0302984
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0285328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0333731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0931138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0264835
IRS990ScheduleA/Total509Grp/TotalAmt02118016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0303251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0285575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0333913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0931423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0267812
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02121974
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01804061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01017455
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02821516
IRS990ScheduleD/EquipmentGrp/BookValueAmt036073
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016873
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052946
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0385419
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0169864
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0169864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0303251
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECURITY DEPOSITS ADVANCED BY THE TENANTS OF THE PROJECT ARE HELD IN TRUST BY THE PROJECT. THE PROJECT RECORDS THE AMOUNTS ADVANCED BY TENANTS, PLUS INTEREST EARNED, AS A LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN ORDER TO ACCOUNT FOR ANY UNCERTAIN TAX POSITIONS, THE PROJECT DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE PROJECT HAS NOT RECORDED ANY ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2013 OR 2012. THE PROJECT'S FEDERAL RETURNS FOR TAX YEARS 2010 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02009998
IRS990ScheduleD/TotalExpensesPerForm990Amt0385419
IRS990ScheduleD/TotalLiabilityAmt050217
IRS990ScheduleD/TotalRevenuePerForm990Amt0303251
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0303251
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0385419
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0387035
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1240881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2502628
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.12$1.24$0.42$0.46$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.14$1.28$0.40$0.47$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.11$1.34$0.38$0.45$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.24$1.42$0.36$0.43$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.78$0.29$1.49$0.35$0.46$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.26$1.60$0.34$0.45$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.22$1.71$0.33$0.43$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.20$1.80$0.32$0.41$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.17$1.88$0.32$0.41$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.20$1.97$0.31$0.44$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.22$0.12$2.10$0.30$0.39$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.28$0.09$2.19$0.30$0.39$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.08$2.27$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.07$2.36$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.14$2.40$0.35