Civic Intelligence

Presidential Place Inc

EIN 41-2120747 • 501(c)3 • Erie, PA

Profile

To provide and maintain 8 affordable homes, in a group home setting, for adults experiencing chronic mental illness.

7 East 7th StreetErie, PA 16501

www.hands-erie.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.25x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

8.24x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

16th percentile

-19%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

35th percentile

-2.2%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.5%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$520,905

Down $11,865 (-2.2%) from 2024

Liabilities

Up

$648,727

Up $3,086 (+0.5%) from 2024

Net Assets

Down

-$127,822

Down $14,951 (-13%) from 2024

Revenue

Up

$78,739

Up $6,810 (+9.5%) from 2024

Expenses

Down

$93,690

Down $3,803 (-3.9%) from 2024

Net Income

Up

-$14,951

Up $10,613 (+42%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $707,016Liabilities 2011: $665,954Net Assets 2011: $41,0622011Assets 2012: $702,777Liabilities 2012: $655,347Net Assets 2012: $47,4302012Assets 2013: $676,237Liabilities 2013: $636,962Net Assets 2013: $39,2752013Assets 2014: $655,750Liabilities 2014: $638,756Net Assets 2014: $16,9942014Assets 2015: $641,858Liabilities 2015: $641,677Net Assets 2015: $1812015Assets 2016: $620,313Liabilities 2016: $634,890Net Assets 2016: -$14,5772016Assets 2017: $611,189Liabilities 2017: $637,007Net Assets 2017: -$25,8182017Assets 2018: $600,836Liabilities 2018: $637,746Net Assets 2018: -$36,9102018Assets 2019: $594,424Liabilities 2019: $638,262Net Assets 2019: -$43,8382019Assets 2020: $584,306Liabilities 2020: $635,935Net Assets 2020: -$51,6292020Assets 2021: $569,785Liabilities 2021: $634,240Net Assets 2021: -$64,4552021Assets 2022: $562,512Liabilities 2022: $637,492Net Assets 2022: -$74,9802022Assets 2023: $550,265Liabilities 2023: $637,572Net Assets 2023: -$87,3072023Assets 2024: $532,770Liabilities 2024: $645,641Net Assets 2024: -$112,8712024Assets 2025: $520,905Liabilities 2025: $648,727Net Assets 2025: -$127,8222025

Highlighted filing

2025

Assets$520,905
Liabilities$648,727
Net Assets-$127,822

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $86,0052011Expenses 2012: $78,2152012Expenses 2013: $83,4122013Revenue 2014: $63,162Expenses 2014: $85,443Net Income 2014: -$22,2812014Revenue 2015: $66,073Expenses 2015: $82,886Net Income 2015: -$16,8132015Revenue 2016: $66,853Expenses 2016: $81,611Net Income 2016: -$14,7582016Revenue 2017: $69,153Expenses 2017: $80,394Net Income 2017: -$11,2412017Revenue 2018: $67,049Expenses 2018: $78,141Net Income 2018: -$11,0922018Revenue 2019: $63,868Expenses 2019: $70,796Net Income 2019: -$6,9282019Revenue 2020: $70,166Expenses 2020: $77,957Net Income 2020: -$7,7912020Revenue 2021: $69,498Expenses 2021: $82,324Net Income 2021: -$12,8262021Revenue 2022: $73,544Expenses 2022: $84,069Net Income 2022: -$10,5252022Revenue 2023: $71,183Expenses 2023: $83,510Net Income 2023: -$12,3272023Revenue 2024: $71,929Expenses 2024: $97,493Net Income 2024: -$25,5642024Revenue 2025: $78,739Expenses 2025: $93,690Net Income 2025: -$14,9512025

Highlighted filing

2025

Revenue$78,739
Expenses$93,690
Net Income-$14,951

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.21$6.49$1.28$0.79$0.94$0.15
2024Detailed filing. Detailed filing data is available for this year.$5.33$6.46$1.13$0.72$0.97$0.26
2023Detailed filing. Detailed filing data is available for this year.$5.50$6.38$0.87$0.71$0.84$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.63$6.37$0.75$0.74$0.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$5.70$6.34$0.64$0.69$0.82$0.13
2020Detailed filing. Detailed filing data is available for this year.$5.84$6.36$0.52$0.70$0.78$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.94$6.38$0.44$0.64$0.71$0.07
2018Detailed filing. Detailed filing data is available for this year.$6.01$6.38$0.37$0.67$0.78$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.11$6.37$0.26$0.69$0.80$0.11
2016Detailed filing. Detailed filing data is available for this year.$6.20$6.35$0.15$0.67$0.82$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.42$6.42$0.00$0.66$0.83$0.17
2014Detailed filing. Detailed filing data is available for this year.$6.56$6.39$0.17$0.63$0.85$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$6.37$0.39$0.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.03$6.55$0.47$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.07$6.66$0.41$0.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Jan 30, 2026
Return Version
2024v5.5
Gross Receipts
$78,739
Mission and Program Overview

Mission

To provide and maintain 8 affordable homes, in a group home setting, for adults experiencing chronic mental illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$462,893$445,592▼ $17,301
Savings and Temporary Cash Investments$65,526$65,551▲ $25
Prepaid Expenses and Deferred Charges$2,814$9,321▲ $6,507
Cash and Non-Interest-Bearing Accounts$577$325▼ $252
Accounts Receivable$960$116▼ $844
Total Assets$532,770$520,905▼ $11,865
Liabilities
Mortgage Notes Payable Secured by Investment Property$625,700$625,700→ $0
Accounts Payable and Accrued Expenses$17,867$21,393▲ $3,526
Escrow Account Liability$2,056$1,564▼ $492
Deferred Revenue$18$70▲ $52
Total Liabilities$645,641$648,727▲ $3,086
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-112,871$-127,822▼ $14,951
Total Net Assets Fund Balance$-112,871$-127,822▼ $14,951
Total Liabilities and Net Assets / Fund Balance$532,770$520,905▼ $11,865

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$370,285$357,301$727,586
Land$75,000-$75,000
Equipment$307$718$1,025
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melissa GruczaChair
Joe BloomstineVice Chair
Cecelia ShatemDirector
John VantasselDirector
John VillaDirector
Michelle HarkinsDirector
Mike JaruszewiczDirector
Sharon RichardsonDirector
Doug MasseyDirector From Apr 2024
Rick SherbondyDirector From May 2024
Almitra ClerkinDirector Through Apr 2024
Sister Marianne StuckertSecretary
Cindy K StoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$49,040
Program Service Revenue
$28,003
Investment Income
$1,296
Other Revenue
$400
Change in Net Assets
$-14,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,690
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$43,716--$43,716
Depreciation Depletion$19,655--$19,655
Fees for Services Management-$5,277-$5,277
Fees for Services Other$5,020--$5,020
Office Expenses$5,008--$5,008
Travel$1,070--$1,070
Advertising$289--$289
Information Technology$275--$275
Other Expenses$117$7,434-$117
Conferences and Meetings$4--$4
Total Functional Expenses$80,979$12,711$0$93,690
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management duties are performed by housing and neighborhood development service.

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

No review was or will be conducted.

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

All employees are given the annual conflict of interest statement where they disclose any conflicts they may have.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Presidential Place Inc
EIN
41-2120747
Phone
8144533333
Address
7 EAST 7TH STREET, ERIE, PA 16501

Signing Officer

Name
Matthew W Good
Title
CEO
Phone
8144533333
Signed
2026-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew W Good
Formed
2005
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Mcgill Power Bell & Assoc Llp
Address
2402 W 8TH STREET, ERIE, PA 16505
Preparer
Shawn P Emerson
Phone
8144536594
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed either its oversight process or selection process during the tax year.

Financial Statement Notes

PART IV, LINE 2B:

Security deposits held on behalf of residents.

PART X, LINE 2:

The project is exempt from income tax under section 501(c)(3) of the internal revenue code. Interest and penalties related to tax reporting are recognized when incurred and are included as administrative expenses in the statements of activities and changes in net assets. There was no interest or penalties incurred related to tax reporting for the years ended march 31, 2025 and 2024. The project's tax returns are subject to audit by various taxing authorities. The project follows the topic of income taxes from the financial accounting standards board, accounting standards codification ("fasb asc") with regard to the accounting and recognition of income tax positions taken or expected to be taken in the project's tax returns.

Raw XML AppendixShowing 400 of 725 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/MortgNotesPyblScrdInvstPropGrp/EOYAmt0625700
IRS990/NetAssetsOrFundBalancesBOYAmt0-112871
IRS990/NetAssetsOrFundBalancesEOYAmt0-127822
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-112871
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-127822
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt043716
IRS990/OccupancyGrp/TotalAmt043716
IRS990/OfficeExpensesGrp/ProgramServicesAmt05008
IRS990/OfficeExpensesGrp/TotalAmt05008
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REIMBURSED AND OTHER EX
IRS990/OtherExpensesGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherExpensesGrp/Desc2EDUCATIONAL EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07434
IRS990/OtherExpensesGrp/ProgramServicesAmt05825
IRS990/OtherExpensesGrp/ProgramServicesAmt1117
IRS990/OtherExpensesGrp/TotalAmt07434
IRS990/OtherExpensesGrp/TotalAmt15825
IRS990/OtherExpensesGrp/TotalAmt2117
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1812900
IRS990/OtherRevenueMiscGrp/Desc0DAMAGES & CLEANING FEE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0247
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1153
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0247
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1153
IRS990/OtherRevenueTotalAmt0400
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02814
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09321
IRS990/PrincipalOfficerNm0MATTHEW W GOOD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028003
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042614
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01477
IRS990/PYOtherExpensesAmt097493
IRS990/PYOtherRevenueAmt0508
IRS990/PYProgramServiceRevenueAmt027330
IRS990/PYRevenuesLessExpensesAmt0-25564
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt097493
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt071929
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-14951
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028403
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065526
IRS990/SavingsAndTempCashInvstGrp/EOYAmt065551
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt049040
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt043359
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0226271
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01296
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01477
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0634
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt027838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025821
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt027009
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt026066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0135137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01296
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01477
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0634
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03435
IRS990ScheduleA/InvestmentIncomeCYPct00.00940
IRS990ScheduleA/InvestmentIncomePYPct00.00620
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99060
IRS990ScheduleA/PublicSupportPY509Pct00.99380
IRS990ScheduleA/PublicSupportTotal509Amt0361408
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt077443
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt070452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt070549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt073539
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt069425
IRS990ScheduleA/Total509Grp/TotalAmt0361408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt078739
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt071929
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt071183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt073544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt069448
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0364843
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0370285
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0357301
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0727586
IRS990ScheduleD/EquipmentGrp/BookValueAmt0307
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0718
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01025
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECURITY DEPOSITS HELD ON BEHALF OF RESIDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PROJECT IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INTEREST AND PENALTIES RELATED TO TAX REPORTING ARE RECOGNIZED WHEN INCURRED AND ARE INCLUDED AS ADMINISTRATIVE EXPENSES IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WAS NO INTEREST OR PENALTIES INCURRED RELATED TO TAX REPORTING FOR THE YEARS ENDED MARCH 31, 2025 AND 2024. THE PROJECT'S TAX RETURNS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE PROJECT FOLLOWS THE TOPIC OF INCOME TAXES FROM THE FINANCIAL ACCOUNTING STANDARDS BOARD, ACCOUNTING STANDARDS CODIFICATION ("FASB ASC") WITH REGARD TO THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE PROJECT'S TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0445592
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE PERFORMED BY HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEES ARE GIVEN THE ANNUAL CONFLICT OF INTEREST STATEMENT WHERE THEY DISCLOSE ANY CONFLICTS THEY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170

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