Civic Intelligence

Poplar Place Inc C/O Hands

990 • Fiscal year 2020 • EIN 41-2120750

Apr 01, 2019 to Mar 31, 2020 • Filed on Feb 15, 2021

7 East 7th StreetErie, PA 16501-1105

(814) 453-3333

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

12.06x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

26th percentile

-2.4%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

-1.6%

Faster revenue growth than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$849,757

Down $20,825 (-2.4%) from 2019

Net Assets

Down

-$217,443

Down $20,157 (-10%) from 2019

Liabilities

Down

$1,067,200

Down $668 (-0.1%) from 2019

Revenue

Down

$88,488

Down $1,452 (-1.6%) from 2019

Expenses

Up

$108,645

Up $10,556 (+11%) from 2019

Net Income

Down

-$20,157

Down $12,008 (-147%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,015,798Liabilities 2011: $1,052,750Net Assets 2011: -$36,9522011Assets 2012: $998,532Liabilities 2012: $1,054,036Net Assets 2012: -$55,5042012Assets 2013: $990,542Liabilities 2013: $1,060,454Net Assets 2013: -$69,9122013Assets 2014: $972,166Liabilities 2014: $1,064,500Net Assets 2014: -$92,3342014Assets 2015: $942,253Liabilities 2015: $1,066,719Net Assets 2015: -$124,4662015Assets 2016: $912,241Liabilities 2016: $1,075,682Net Assets 2016: -$163,4412016Assets 2017: $895,625Liabilities 2017: $1,070,595Net Assets 2017: -$174,9702017Assets 2018: $894,717Liabilities 2018: $1,083,854Net Assets 2018: -$189,1372018Assets 2019: $870,582Liabilities 2019: $1,067,868Net Assets 2019: -$197,2862019Assets 2020: $849,757Liabilities 2020: $1,067,200Net Assets 2020: -$217,4432020Assets 2021: $847,975Liabilities 2021: $1,071,069Net Assets 2021: -$223,0942021Assets 2022: $859,529Liabilities 2022: $1,089,629Net Assets 2022: -$230,1002022Assets 2023: $830,632Liabilities 2023: $1,078,167Net Assets 2023: -$247,5352023Assets 2024: $782,838Liabilities 2024: $1,078,212Net Assets 2024: -$295,3742024Assets 2025: $780,475Liabilities 2025: $1,085,222Net Assets 2025: -$304,7472025

Highlighted filing

2020

Assets$849,757
Liabilities$1,067,200
Net Assets-$217,443

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $90,3512011Revenue 2012: $72,014Expenses 2012: $90,566Net Income 2012: -$18,5522012Expenses 2013: $88,2122013Revenue 2014: $71,616Expenses 2014: $94,038Net Income 2014: -$22,4222014Revenue 2015: $64,261Expenses 2015: $96,393Net Income 2015: -$32,1322015Revenue 2016: $74,766Expenses 2016: $113,741Net Income 2016: -$38,9752016Revenue 2017: $84,402Expenses 2017: $95,931Net Income 2017: -$11,5292017Revenue 2018: $86,320Expenses 2018: $100,487Net Income 2018: -$14,1672018Revenue 2019: $89,940Expenses 2019: $98,089Net Income 2019: -$8,1492019Revenue 2020: $88,488Expenses 2020: $108,645Net Income 2020: -$20,1572020Revenue 2021: $99,600Expenses 2021: $105,251Net Income 2021: -$5,6512021Revenue 2022: $102,663Expenses 2022: $109,669Net Income 2022: -$7,0062022Revenue 2023: $108,165Expenses 2023: $125,600Net Income 2023: -$17,4352023Revenue 2024: $110,026Expenses 2024: $157,865Net Income 2024: -$47,8392024Revenue 2025: $115,499Expenses 2025: $124,872Net Income 2025: -$9,3732025

Highlighted filing

2020

Revenue$88,488
Expenses$108,645
Net Income-$20,157
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Feb 15, 2021
Return Version
2019v5.2
Gross Receipts
$88,488
Mission and Program Overview

Mission

To provide and maintain 11 affordable apartment units for adults experiencing chronic mental illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$789,161$765,357▼ $23,804
Savings and Temporary Cash Investments$73,322$73,513▲ $191
Prepaid Expenses and Deferred Charges$3,247$9,386▲ $6,139
Cash and Non-Interest-Bearing Accounts$1,725$1,285▼ $440
Accounts Receivable$3,127$216▼ $2,911
Total Assets$870,582$849,757▼ $20,825
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,053,898$1,055,833▲ $1,935
Accounts Payable and Accrued Expenses$10,019$7,849▼ $2,170
Escrow Account Liability$2,792$2,564▼ $228
Deferred Revenue$1,159$954▼ $205
Total Liabilities$1,067,868$1,067,200▼ $668
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-197,286$-217,443▼ $20,157
Total Net Assets Fund Balance$-197,286$-217,443▼ $20,157
Total Liabilities and Net Assets / Fund Balance$870,582$849,757▼ $20,825

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$516,727$344,586$861,313
Land$244,000-$244,000
Equipment$0$16,149$16,149
Leasehold Improvements$4,630$1,890$6,520
Other Land Buildings$0$1,302$1,302
Compensation and Service Providers

Board Members and Trustees

NameTitle
William StegerChairman
Candace D BattlesVice Chair
Abigail LechnerDirector
Cindy K StoneDirector
Jane KirkDirector
John VillaDirector
Leah ManinoDirector
Matthew ZonnoDirector
Michelle HarkinsDirector
Mike JaruszewiczDirector
Rick LiebelDirector
Sister Marianne StuckertDirector
Agnes PriscaroDirector Emeritus
Sherry BauerDirector Emeritus
Sharon YostSecretary
Ms Mary KwiatkowskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,289
Program Service Revenue
$28,830
Investment Income
$138
Other Revenue
$231
Change in Net Assets
$-20,157

Audited Revenue Reconciliation

Revenue per Audited Statements
$88,488
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$88,488
Total Revenue per Form 990
$88,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,645
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$45,567--$45,567
Depreciation Depletion$23,805--$23,805
Fees for Services Management-$7,761-$7,761
Fees for Services Other$5,539--$5,539
Office Expenses$2,942--$2,942
Interest$1,935--$1,935
Information Technology$298--$298
Travel$270--$270
Advertising$10--$10
Other Expenses$1$7,365-$1
Total Functional Expenses$93,519$15,126$0$108,645

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$108,645
Total Expenses per Audited Statements$108,645
Total Expenses per Form 990$108,645
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Poplar Place Inc
EIN
41-2120750
Phone
8144533333
Address
7 EAST 7TH STREET, ERIE, PA 16501-1105

Signing Officer

Name
Matthew W Good
Title
CEO
Phone
8144533333
Signed
2021-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Steger
Formed
2005
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Mcgill Power Bell & Associates Llp
Address
2402 W 8TH STREET, ERIE, PA 16505-4935
Preparer
Shawn 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 were no interest or penalties incurred related to tax reporting for the years ended march 31, 2020 and 2019. The projects 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 projects tax returns.

Raw XML AppendixShowing 400 of 757 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/MissionDesc0TO PROVIDE AND MAINTAIN 11 AFFORDABLE APARTMENT UNITS FOR ADULTS EXPERIENCING CHRONIC MENTAL ILLNESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01053898
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01055833
IRS990/NetAssetsOrFundBalancesBOYAmt0-197286
IRS990/NetAssetsOrFundBalancesEOYAmt0-217443
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-197286
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-217443
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt045567
IRS990/OccupancyGrp/TotalAmt045567
IRS990/OfficeExpensesGrp/ProgramServicesAmt02942
IRS990/OfficeExpensesGrp/TotalAmt02942
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REIMBURSED EXPENSES
IRS990/OtherExpensesGrp/Desc1REIMBURSED AND OTHER EX
IRS990/OtherExpensesGrp/Desc2EDUCATIONAL EXPENSE
IRS990/OtherExpensesGrp/Desc3NEIGHBORHOOD NETWORK
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07365
IRS990/OtherExpensesGrp/ProgramServicesAmt013005
IRS990/OtherExpensesGrp/ProgramServicesAmt1147
IRS990/OtherExpensesGrp/ProgramServicesAmt21
IRS990/OtherExpensesGrp/TotalAmt013005
IRS990/OtherExpensesGrp/TotalAmt17365
IRS990/OtherExpensesGrp/TotalAmt2147
IRS990/OtherExpensesGrp/TotalAmt31
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1811000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1DAMAGES & CLEANING FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0181
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0181
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150
IRS990/OtherRevenueTotalAmt0231
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03247
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09386
IRS990/PrincipalOfficerNm0WILLIAM STEGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028830
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058126
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0122
IRS990/PYOtherExpensesAmt098089
IRS990/PYOtherRevenueAmt0860
IRS990/PYProgramServiceRevenueAmt030832
IRS990/PYRevenuesLessExpensesAmt0-8149
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt098089
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt089940
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-20157
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt029061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt073322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt073513
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058126
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt049216
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0253720
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0507
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt029061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt031692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt036991
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt038147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt033798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0169689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0507
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99890
IRS990ScheduleA/PublicSupportTotal509Amt0423409
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt088350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt089818
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt086207
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt084319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt074715
IRS990ScheduleA/Total509Grp/TotalAmt0423409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt088488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt089940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt086320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt084402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt074766
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0423916
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0516727
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0344586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0861313
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016149
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016149
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0108645
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0244000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0244000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04630
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01890
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06520
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01302
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01302
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt088488
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 WERE NO INTEREST OR PENALTIES INCURRED RELATED TO TAX REPORTING FOR THE YEARS ENDED MARCH 31, 2020 AND 2019. THE PROJECTS 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 PROJECTS TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0765357
IRS990ScheduleD/TotalExpensesPerForm990Amt0108645
IRS990ScheduleD/TotalRevenuePerForm990Amt088488
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt088488
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0108645
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE PERFORMED BY HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.78$1.09$0.30$0.12$0.12$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.78$1.08$0.30$0.11$0.16$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.83$1.08$0.25$0.11$0.13$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.86$1.09$0.23$0.10$0.11$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.85$1.07$0.22$0.10$0.11$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.85$1.07$0.22$0.09$0.11$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.87$1.07$0.20$0.09$0.10$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.89$1.08$0.19$0.09$0.10$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.90$1.07$0.17$0.08$0.10$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.91$1.08$0.16$0.07$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.94$1.07$0.12$0.06$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.97$1.06$0.09$0.07$0.09$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.06$0.07$0.09
2012Summary only. Only limited summary data is available for this year.$1.00$1.05$0.06$0.07$0.09$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.05$0.04$0.09