Civic Intelligence

Atchison Terrace Inc Terrace Hills Apartments

EIN 43-1795330 • 501(c)3 • Kansas City, MO

Profile

AFFORDABLE HOUSING

7920 Ward ParkwayKansas City, MO 64114

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

3.17x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

19th percentile

-7.7%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,409,731

Down $118,304 (-7.7%) from 2023

Liabilities

Up

$2,049,187

Up $173,947 (+9.3%) from 2023

Net Assets

Down

-$639,456

Down $292,251 (-84%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin7th percentile

Revenue

Up

$646,892

Up $157,477 (+32%) from 2023

Expenses

Up

$939,143

Up $411,130 (+78%) from 2023

Net Income

Down

-$292,251

Down $253,653 (-657%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,900,632Liabilities 2011: $1,873,013Net Assets 2011: $27,6192011Assets 2012: $1,996,347Liabilities 2012: $1,935,451Net Assets 2012: $60,8962012Assets 2013: $1,963,343Liabilities 2013: $1,879,327Net Assets 2013: $84,0162013Assets 2014: $2,307,703Liabilities 2014: $2,204,946Net Assets 2014: $102,7572014Assets 2015: $2,244,225Liabilities 2015: $2,194,170Net Assets 2015: $50,0552015Assets 2016: $2,155,719Liabilities 2016: $2,205,279Net Assets 2016: -$49,5602016Assets 2017: $1,983,625Liabilities 2017: $2,072,482Net Assets 2017: -$88,8572017Assets 2018: $1,894,397Liabilities 2018: $2,015,968Net Assets 2018: -$121,5712018Assets 2019: $1,777,490Liabilities 2019: $2,049,748Net Assets 2019: -$272,2582019Assets 2020: $1,684,418Liabilities 2020: $1,963,517Net Assets 2020: -$279,0992020Assets 2021: $1,649,778Liabilities 2021: $1,940,243Net Assets 2021: -$290,4652021Assets 2022: $1,569,606Liabilities 2022: $1,878,213Net Assets 2022: -$308,6072022Assets 2023: $1,528,035Liabilities 2023: $1,875,240Net Assets 2023: -$347,2052023Assets 2024: $1,409,731Liabilities 2024: $2,049,187Net Assets 2024: -$639,4562024

Highlighted filing

2024

Assets$1,409,731
Liabilities$2,049,187
Net Assets-$639,456
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $413,425Expenses 2011: $363,244Net Income 2011: $50,1812011Revenue 2012: $455,621Expenses 2012: $422,344Net Income 2012: $33,2772012Revenue 2013: $397,874Expenses 2013: $374,754Net Income 2013: $23,1202013Revenue 2014: $404,080Expenses 2014: $385,339Net Income 2014: $18,7412014Revenue 2015: $381,625Expenses 2015: $434,327Net Income 2015: -$52,7022015Revenue 2016: $397,696Expenses 2016: $497,311Net Income 2016: -$99,6152016Revenue 2017: $412,495Expenses 2017: $451,792Net Income 2017: -$39,2972017Revenue 2018: $412,113Expenses 2018: $444,826Net Income 2018: -$32,7132018Revenue 2019: $398,346Expenses 2019: $549,033Net Income 2019: -$150,6872019Revenue 2020: $432,951Expenses 2020: $439,792Net Income 2020: -$6,8412020Revenue 2021: $459,816Expenses 2021: $471,182Net Income 2021: -$11,3662021Revenue 2022: $466,069Expenses 2022: $484,211Net Income 2022: -$18,1422022Revenue 2023: $489,415Expenses 2023: $528,013Net Income 2023: -$38,5982023Revenue 2024: $646,892Expenses 2024: $939,143Net Income 2024: -$292,2512024

Highlighted filing

2024

Revenue$646,892
Expenses$939,143
Net Income-$292,251
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,409,731
Liabilities
$2,049,187
Net assets
-$639,456
Revenue
$646,892
Expenses
$939,143
Net income
-$292,251
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$2.05$0.64$0.65$0.94$0.29
2023Summary only. Only limited summary data is available for this year.$1.53$1.88$0.35$0.49$0.53$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.88$0.31$0.47$0.48$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$1.94$0.29$0.46$0.47$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$1.96$0.28$0.43$0.44$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$2.05$0.27$0.40$0.55$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$2.02$0.12$0.41$0.44$0.03
2017Summary only. Only limited summary data is available for this year.$1.98$2.07$0.09$0.41$0.45$0.04
2016Summary only. Only limited summary data is available for this year.$2.16$2.21$0.05$0.40$0.50$0.10
2015Summary only. Only limited summary data is available for this year.$2.24$2.19$0.05$0.38$0.43$0.05
2014Summary only. Only limited summary data is available for this year.$2.31$2.20$0.10$0.40$0.39$0.02
2013Summary only. Only limited summary data is available for this year.$1.96$1.88$0.08$0.40$0.37$0.02
2012Summary only. Only limited summary data is available for this year.$2.00$1.94$0.06$0.46$0.42$0.03
2011Summary only. Only limited summary data is available for this year.$1.90$1.87$0.03$0.41$0.36$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$646,892
Mission and Program Overview

Mission

The corporation provides low income housing.

AFFORDABLE HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,111,785$1,043,011▼ $68,774
Cash and Non-Interest-Bearing Accounts$8,248$92,688▲ $84,440
Accounts Receivable$16,604$85,006▲ $68,402
Prepaid Expenses and Deferred Charges$46,463$42,408▼ $4,055
Total Assets$1,528,035$1,409,731▼ $118,304
Other Assets Total$344,935$146,618▼ $198,317
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,755,322$1,702,424▼ $52,898
Accounts Payable and Accrued Expenses$99,321$332,278▲ $232,957
Other Liabilities$10,446$7,985▼ $2,461
Deferred Revenue$10,151$6,500▼ $3,651
Total Liabilities$1,875,240$2,049,187▲ $173,947
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-347,205$-639,456▼ $292,251
Total Net Assets Fund Balance$-347,205$-639,456▼ $292,251
Total Liabilities and Net Assets / Fund Balance$1,528,035$1,409,731▼ $118,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$944,806$1,453,187$2,397,993
Equipment$16,422$59,927$76,349
Land$68,457-$68,457
Other Land Buildings$13,326$28,833$42,159
Other Assets Org$156--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Michael HaltermanPresident
Jerome TilzerVice President
Bill ForemanDirector
Lowell TilzerDirector
GINNY O'MALLEYDirector (as of 12/17/24)
Mark CookDirector (thru 6/25/24)
Paul LivingstonDirector (thru 6/25/24)
Jesse GreenlySecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
4sight Construction LLCGeneral Contractor7920 WARD PARKWAY, Kansas City, MO 64114$106,462
Revenue and Support

Revenue Composition

Contributions and Grants
$295,609
Program Service Revenue
$164,037
Investment Income
$11,013
Other Revenue
$176,233
Change in Net Assets
$-292,251

Audited Revenue Reconciliation

Revenue per Audited Statements
$646,892
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$646,892
Total Revenue per Form 990
$646,892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$837,747
Salaries, Compensation, and Employee Benefits$101,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$569,537$36,569-$606,106
Depreciation Depletion$77,256--$77,256
Other Salaries and Wages$75,832--$75,832
Fees for Services Accounting-$31,698-$31,698
Fees for Services Management-$20,217-$20,217
Other Employee Benefits$7,683$11,094-$18,777
Office Expenses-$14,896-$14,896
Fees for Services Other$5,950$1,251-$7,201
Payroll Taxes$6,182--$6,182
Advertising-$5,746-$5,746
Information Technology-$5,178-$5,178
Fees for Services Legal-$2,005-$2,005
Pension Plan Contributions$605--$605
Conferences and Meetings$264--$264
Other Expenses-$187-$187
Total Functional Expenses$743,309$195,834$0$939,143

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$939,143
Total Expenses per Audited Statements$939,143
Total Expenses per Form 990$939,143
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
Tenant Deposits Held in Trust$7,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 2

“Board members jerome tilzer and lowell tilzer have a family relationship.”

Form 990, Part VI, Section A, Line 3

“The organization uses yarco company, inc. To manage the day-to-day operations of the terrace hills apartments housing project. The management agent provides services with respect to marketing, rentals, collections, enforcement of leases, property maintenance and repairs, employees, records and reports. The management plan prescribes the number, qualifications, and duties of personnel to be regularly employed in the management of the project. Such employees are hired, supervised, and discharged by the management agent. No officers of the organization are employed or compensated by the management company.”

Form 990, Part VI, Section A, Line 4

“The bylaws were amended during the year. The minimum number of board members has been reduced from six (6) board members to three (3).”

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

“Form 990 is reviewed by an officer and made available to the management company and board of directors prior to filing.”

FORM 990, PART VI, SECTION B, LINES 12-14:

“While the organization does not have the following policies in place - conflict of interest, whistleblower, and document retention and destruction policies - they are in place and enforced at the management company level.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Atchison Terrace Inc
EIN
43-1795330
Phone
8165614240
Address
7920 WARD PARKWAY, KANSAS CITY, MO 64114

Signing Officer

Name
Michael Halterman
Title
President
Phone
8165614240
Signed
2025-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Halterman
Formed
1997
Legal Domicile
Ks
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
8

Preparer

Firm
Cbiz Advisors LLC
Address
700 WEST 47TH STREET SUITE 1100, KANSAS CITY, MO 64112
Preparer
Lisa Burke
Phone
8169455500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Therefore, no provision is made for income taxes in these statements. In addition, the organization is exempt from real estate taxes. The organization has adopted the standards requiring disclosure of uncertain tax positions under the fasb asc topic "income taxes." there has been no interest or penalties recognized in the statement of activities or in the statement of financial position related to uncertain tax positions. In addition, no material tax positions exist for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months. The organization files tax returns in the u.s. Federal jurisdiction and the missouri state jurisdiction. The organization is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2021.”

Raw XML AppendixShowing 400 of 446 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt099321
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0332278
IRS990/AccountsReceivableGrp/BOYAmt016604
IRS990/AccountsReceivableGrp/EOYAmt085006
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AFFORDABLE HOUSING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05746
IRS990/AdvertisingGrp/TotalAmt05746
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YARCO COMPANY
IRS990/BooksInCareOfDetail/PhoneNum08165614240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07920 WARD PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0KANSAS CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd064114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08248
IRS990/CashNonInterestBearingGrp/EOYAmt092688
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0264
IRS990/ConferencesMeetingsGrp/TotalAmt0264
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0106462
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07920 WARD PARKWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0KANSAS CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd064114
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt04SIGHT CONSTRUCTION LLC
IRS990/ContractorCompensationGrp/ServicesDesc0GENERAL CONTRACTOR
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0295609
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011013
IRS990/CYOtherExpensesAmt0837747
IRS990/CYOtherRevenueAmt0176233
IRS990/CYProgramServiceRevenueAmt0164037
IRS990/CYRevenuesLessExpensesAmt0-292251
IRS990/CYSalariesCompEmpBnftPaidAmt0101396
IRS990/CYTotalExpensesAmt0939143
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0646892
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt010151
IRS990/DeferredRevenueGrp/EOYAmt06500
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt077256
IRS990/DepreciationDepletionGrp/TotalAmt077256
IRS990/Desc0THE ORGANIZATION OPERATES A 54-UNIT APARTMENT COMPLEX IN ATCHISON, KANSAS UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT. THE PROJECT IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WITH RESPECT TO RENT CHARGES AND OPERATING METHODS RESULTING FROM THE ORGANIZATION'S HOUSING ASSISTANCE (HAP) CONTRACT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0743309
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031698
IRS990/FeesForServicesAccountingGrp/TotalAmt031698
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02005
IRS990/FeesForServicesLegalGrp/TotalAmt02005
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt020217
IRS990/FeesForServicesManagementGrp/TotalAmt020217
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01251
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05950
IRS990/FeesForServicesOtherGrp/TotalAmt07201
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL HALTERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1JEROME TILZER
IRS990/Form990PartVIISectionAGrp/PersonNm2JESSE GREENLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BILL FOREMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4GINNY O'MALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5LOWELL TILZER
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK COOK
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL LIVINGSTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (AS OF 12/17/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU 6/25/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (THRU 6/25/24)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0295609
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0646892
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05178
IRS990/InformationTechnologyGrp/TotalAmt05178
IRS990/InvestmentIncomeGrp/ExclusionAmt011013
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011013
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01541947
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01111785
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01043011
IRS990/LandBldgEquipCostOrOtherBssAmt02584958
IRS990/LegalDomicileStateCd0KS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01516
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01516
IRS990/MissionDesc0AFFORDABLE HOUSING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01755322
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01702424
IRS990/NetAssetsOrFundBalancesBOYAmt0-347205
IRS990/NetAssetsOrFundBalancesEOYAmt0-639456
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-347205
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-639456
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036569
IRS990/OccupancyGrp/ProgramServicesAmt0569537
IRS990/OccupancyGrp/TotalAmt0606106
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014896
IRS990/OfficeExpensesGrp/TotalAmt014896
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0344935
IRS990/OtherAssetsTotalGrp/EOYAmt0146618
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011094
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07683
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018777
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1RESIDENT ACTIVITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt066993
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1187
IRS990/OtherExpensesGrp/TotalAmt066993
IRS990/OtherExpensesGrp/TotalAmt1187
IRS990/OtherLiabilitiesGrp/BOYAmt010446
IRS990/OtherLiabilitiesGrp/EOYAmt07985
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0170422
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14295
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0170422
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14295
IRS990/OtherRevenueTotalAmt0176233
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075832
IRS990/OtherSalariesAndWagesGrp/TotalAmt075832
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06182
IRS990/PayrollTaxesGrp/TotalAmt06182
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0605
IRS990/PensionPlanContributionsGrp/TotalAmt0605
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046463
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042408
IRS990/PrincipalOfficerNm0MICHAEL HALTERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158431
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15606
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0315078
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010549
IRS990/PYOtherExpensesAmt0425368
IRS990/PYOtherRevenueAmt04267
IRS990/PYProgramServiceRevenueAmt0159521
IRS990/PYRevenuesLessExpensesAmt0-38598
IRS990/PYSalariesCompEmpBnftPaidAmt0102645
IRS990/PYTotalExpensesAmt0528013
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0489415
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-292251
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0340270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0295609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0315078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0321860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0317967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0314191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01564705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010549
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01492
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0770
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024336
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0906102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98470
IRS990ScheduleA/PublicSupportPY170Pct00.97980
IRS990ScheduleA/PublicSupportTotal170Amt01564705
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0295609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0315078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0321860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0317967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0314191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01564705
IRS990ScheduleA/TotalSupportAmt01589041
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/BuildingsGrp/BookValueAmt0944806
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01453187
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02397993
IRS990ScheduleD/EquipmentGrp/BookValueAmt016422
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059927
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076349
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0939143
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt068457
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt068457
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0116530
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt121947
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt27985
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3156
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013326
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028833
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0646892
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION IS MADE FOR INCOME TAXES IN THESE STATEMENTS. IN ADDITION, THE ORGANIZATION IS EXEMPT FROM REAL ESTATE TAXES. THE ORGANIZATION HAS ADOPTED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER THE FASB ASC TOPIC "INCOME TAXES." THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR IN THE STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO MATERIAL TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE MISSOURI STATE JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01043011
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0146618
IRS990ScheduleD/TotalExpensesPerForm990Amt0939143
IRS990ScheduleD/TotalLiabilityAmt07985
IRS990ScheduleD/TotalRevenuePerForm990Amt0646892
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0646892
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0939143
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS JEROME TILZER AND LOWELL TILZER HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION USES YARCO COMPANY, INC. TO MANAGE THE DAY-TO-DAY OPERATIONS OF THE TERRACE HILLS APARTMENTS HOUSING PROJECT. THE MANAGEMENT AGENT PROVIDES SERVICES WITH RESPECT TO MARKETING, RENTALS, COLLECTIONS, ENFORCEMENT OF LEASES, PROPERTY MAINTENANCE AND REPAIRS, EMPLOYEES, RECORDS AND REPORTS. THE MANAGEMENT PLAN PRESCRIBES THE NUMBER, QUALIFICATIONS, AND DUTIES OF PERSONNEL TO BE REGULARLY EMPLOYED IN THE MANAGEMENT OF THE PROJECT. SUCH EMPLOYEES ARE HIRED, SUPERVISED, AND DISCHARGED BY THE MANAGEMENT AGENT. NO OFFICERS OF THE ORGANIZATION ARE EMPLOYED OR COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BYLAWS WERE AMENDED DURING THE YEAR. THE MINIMUM NUMBER OF BOARD MEMBERS HAS BEEN REDUCED FROM SIX (6) BOARD MEMBERS TO THREE (3).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY AN OFFICER AND MADE AVAILABLE TO THE MANAGEMENT COMPANY AND BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WHILE THE ORGANIZATION DOES NOT HAVE THE FOLLOWING POLICIES IN PLACE - CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION POLICIES - THEY ARE IN PLACE AND ENFORCED AT THE MANAGEMENT COMPANY LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINES 12-14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01528035
IRS990/TotalAssetsEOYAmt01409731
IRS990/TotalAssetsGrp/BOYAmt01528035
IRS990/TotalAssetsGrp/EOYAmt01409731
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0295609
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195834
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0743309
IRS990/TotalFunctionalExpensesGrp/TotalAmt0939143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01875240
IRS990/TotalLiabilitiesEOYAmt02049187
IRS990/TotalLiabilitiesGrp/BOYAmt01875240
IRS990/TotalLiabilitiesGrp/EOYAmt02049187
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-347205
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-639456
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0743309
IRS990/TotalProgramServiceRevenueAmt0164037
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0340270
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0646892
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.