Civic Intelligence

Ebenezer Ridge Point Apartments Inc.

990 • Fiscal year 2015 • EIN 41-1769727

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 06, 2016

13800 Community DriveBurnsville, MN 55337

(952) 898-1989

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.66x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

8th percentile

-41%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

98th percentile

$593,923

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 191.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

37th percentile

-1.9%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

3.0%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,177,943

Down $42,504 (-1.9%) from 2014

Net Assets

Down

$1,973,091

Down $127,390 (-6.1%) from 2014

Liabilities

Up

$204,852

Up $84,886 (+71%) from 2014

Revenue

Up

$310,509

Up $9,075 (+3.0%) from 2014

Expenses

Up

$437,899

Up $44,190 (+11%) from 2014

Net Income

Down

-$127,390

Down $35,115 (-38%) from 2014

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

2015

Assets$2,177,943
Liabilities$204,852
Net Assets$1,973,091

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

2015

Revenue$310,509
Expenses$437,899
Net Income-$127,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 6, 2016
Return Version
2015v2.1
Gross Receipts
$310,509
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$1,886,697$1,781,507▼ $105,190
Savings and Temporary Cash Investments$235,354$273,314▲ $37,960
Cash and Non-Interest-Bearing Accounts$96,759$121,168▲ $24,409
Prepaid Expenses and Deferred Charges$1,605$1,564▼ $41
Accounts Receivable$32$390▲ $358
Total Assets$2,220,447$2,177,943▼ $42,504
Liabilities
Other Liabilities$76,912$115,468▲ $38,556
Accounts Payable and Accrued Expenses$25,281$71,375▲ $46,094
Escrow Account Liability$17,728$18,009▲ $281
Deferred Revenue$45$0▼ $45
Total Liabilities$119,966$204,852▲ $84,886
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,645,800$2,645,800→ $0
Unrestricted Net Assets$-545,319$-672,709▼ $127,390
Total Net Assets Fund Balance$2,100,481$1,973,091▼ $127,390
Total Liabilities and Net Assets / Fund Balance$2,220,447$2,177,943▼ $42,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,588,313$1,265,743$2,854,056
Land$169,864-$169,864
Equipment$23,330$26,590$49,920
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maggie CollinsChair
Mark ThomasPresident
John Selstad1st Vice Chair
Terry HakesInterim CFO
Carl RunckMember
Deborah PaoneMember
Jeanne RipleyMember
Kent EklundMember
Richard HowardMember
Thomas HokrMember
Shary MulhereSecretary
Stephan GrygarTreasurer (Thru May)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$289,448
Investment Income
$329
Other Revenue
$20,732
Change in Net Assets
$-127,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$310,509
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$310,509
Total Revenue per Form 990
$310,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,334
Salaries, Compensation, and Employee Benefits$100,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$128,571--$128,571
Other Salaries and Wages$36,260$46,819-$83,079
Occupancy$54,923$6,294-$61,217
Interest$52,508--$52,508
Fees for Services Management-$35,897-$35,897
Fees for Services Other$32,155--$32,155
Fees for Services Accounting-$11,697-$11,697
Other Employee Benefits$4,511$5,825-$10,336
Office Expenses$1,986$5,497-$7,483
Payroll Taxes$2,812$3,630-$6,442
Other Expenses$2,298--$2,298
All Other Expenses-$2,248-$2,248
Conferences and Meetings-$1,683-$1,683
Travel-$924-$924
Pension Plan Contributions$309$399-$708
Information Technology-$653-$653
Total Functional Expenses$316,333$121,566$0$437,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$437,899
Total Expenses per Audited Statements$437,899
Total Expenses per Form 990$437,899
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$115,468
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

The Form 990 is reviewed by the interim 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 mark thomas, stephan grygar, and terry hakes is for services rendered to a related organization and for their services with this organization.

Filing and Contact Details

Filer

Filer Name
Ebenezer Ridge Point Apartments
EIN
41-1769727
Phone
9528981989
Address
13800 Community Drive, Burnsville, MN 55337

Signing Officer

Name
Terry Hakes
Title
Interim CFO
Phone
6128743479
Signed
2016-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Thomas
Formed
1994
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
27

Preparer

Firm
Wipfli LLP
Address
7601 France Avenue South Suite 400, Minneapolis, MN 55435
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.

Raw XML AppendixShowing 400 of 740 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/InvestmentIncomeGrp/TotalRevenueColumnAmt0329
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01292333
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01886697
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01781507
IRS990/LandBldgEquipCostOrOtherBssAmt03073840
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt07857
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt07857
IRS990/MissionDesc0Ebenezer helps older adults and others make their lives more independent, healthful, meaningful and secure.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02100481
IRS990/NetAssetsOrFundBalancesEOYAmt01973091
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06294
IRS990/OccupancyGrp/ProgramServicesAmt054923
IRS990/OccupancyGrp/TotalAmt061217
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05497
IRS990/OfficeExpensesGrp/ProgramServicesAmt01986
IRS990/OfficeExpensesGrp/TotalAmt07483
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05825
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010336
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/ProgramServicesAmt02298
IRS990/OtherExpensesGrp/TotalAmt02298
IRS990/OtherLiabilitiesGrp/BOYAmt076912
IRS990/OtherLiabilitiesGrp/EOYAmt0115468
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Tenant Services
IRS990/OtherRevenueMiscGrp/Desc1Vending Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt09520
IRS990/OtherRevenueMiscGrp/ExclusionAmt13355
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09520
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13355
IRS990/OtherRevenueTotalAmt020732
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046819
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036260
IRS990/OtherSalariesAndWagesGrp/TotalAmt083079
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03630
IRS990/PayrollTaxesGrp/ProgramServicesAmt02812
IRS990/PayrollTaxesGrp/TotalAmt06442
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0399
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0309
IRS990/PensionPlanContributionsGrp/TotalAmt0708
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01605
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01564
IRS990/PrincipalOfficerNm0Mark Thomas
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1HUD Rental Assistance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0155377
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1134071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0155377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1134071
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0250
IRS990/PYOtherExpensesAmt0295663
IRS990/PYOtherRevenueAmt013953
IRS990/PYProgramServiceRevenueAmt0287231
IRS990/PYRevenuesLessExpensesAmt0-92275
IRS990/PYSalariesCompEmpBnftPaidAmt098046
IRS990/PYTotalExpensesAmt0393709
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0301434
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-127390
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0289448
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0235354
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0273314
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt049934
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0247
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0289448
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0287231
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0288537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0271413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0271326
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01407955
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt020732
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt013953
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt014447
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt013540
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt012846
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt075518
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0247
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01275
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt01533407
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0310180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0301184
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0302984
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0285328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0333731
IRS990ScheduleA/Total509Grp/TotalAmt01533407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0310509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0301434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0303251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0285575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0333913
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01534682
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01588313
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01265743
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02854056
IRS990ScheduleD/EquipmentGrp/BookValueAmt023330
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026590
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049920
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0437899
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0169864
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0169864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Party
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0310509
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/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01781507
IRS990ScheduleD/TotalExpensesPerForm990Amt0437899
IRS990ScheduleD/TotalLiabilityAmt0115468
IRS990ScheduleD/TotalRevenuePerForm990Amt0310509
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0310509
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0437899
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

Document Assets

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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