Civic Intelligence

Parade Park Homes Inc

990 • Fiscal year 2019 • EIN 44-0662014

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization Profile

View Organization Page

1903 EAST 15TH TERRACE Room AKansas City, MO 64127

(816) 421-3367

Siviq Scores

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

Liabilities / Assets

98th percentile

1.66x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

4.28x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

45th percentile

1.4%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

310%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$5,727,973

Down $160,392 (-2.7%) from 2018

Net Assets

Up

-$3,773,418

Up $39,558 (+1.0%) from 2018

Liabilities

Down

$9,501,391

Down $199,950 (-2.1%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin45th percentile

Revenue

Up

$2,221,223

Up $1,678,814 (+310%) from 2018

Expenses

Up

$2,190,065

Up $1,662,274 (+315%) from 2018

Net Income

Up

$31,158

Up $16,540 (+113%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$10M$5.0M$0-$5.0MAssets 2018: $5,888,365Liabilities 2018: $9,701,341Net Assets 2018: -$3,812,9762018Assets 2019: $5,727,973Liabilities 2019: $9,501,391Net Assets 2019: -$3,773,4182019Assets 2020: $5,438,687Liabilities 2020: $9,335,918Net Assets 2020: -$3,897,2312020Assets 2021: $5,074,774Liabilities 2021: $9,140,768Net Assets 2021: -$4,065,9942021

Highlighted filing

2019

Assets$5,727,973
Liabilities$9,501,391
Net Assets-$3,773,418
Open 2019 Filing

Operations Trend

Revenue Growth98th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $542,409Expenses 2018: $527,791Net Income 2018: $14,6182018Revenue 2019: $2,221,223Expenses 2019: $2,190,065Net Income 2019: $31,1582019Revenue 2020: $2,204,601Expenses 2020: $2,340,014Net Income 2020: -$135,4132020Revenue 2021: $2,050,875Expenses 2021: $2,261,646Net Income 2021: -$210,7712021

Highlighted filing

2019

Revenue$2,221,223
Expenses$2,190,065
Net Income$31,158
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$2,221,223
Mission and Program Overview

Mission

Provide affordable housing for individuals and families that meet the guidelines set forth by the US Department of Housig and Urban Development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,079,945$4,758,815▼ $321,130
Investments Program Related$532,189$579,956▲ $47,767
Prepaid Expenses and Deferred Charges$126,453$136,771▲ $10,318
Cash and Non-Interest-Bearing Accounts$42,127$127,341▲ $85,214
Accounts Receivable$40,863$45,864▲ $5,001
Total Assets$5,888,365$5,727,973▼ $160,392
Other Assets Total$66,788$79,226▲ $12,438
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,565,342$9,350,393▼ $214,949
Accounts Payable and Accrued Expenses$123,220$134,868▲ $11,648
Deferred Revenue$9,104$12,391▲ $3,287
Escrow Account Liability$3,675$3,739▲ $64
Total Liabilities$9,701,341$9,501,391▼ $199,950
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,812,976$-3,773,418▲ $39,558
Total Net Assets Fund Balance$-3,812,976$-3,773,418▲ $39,558
Total Liabilities and Net Assets / Fund Balance$5,888,365$5,727,973▼ $160,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,364,988$12,395,005$16,759,993
Land$387,263-$387,263
Other Land Buildings$6,564$163,119$169,683
Equipment-$134,026$134,026
Leasehold Improvements-$99,400$99,400
Investment Program Related Org$460,654--
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Andre LockettPresident
Shelly FosterPRESIDENT former
Don WilliamsMember
Donna JacksonMember
Maryame SimmonsMember
Michael RobinsonMember
Sharon Sanders BrooksMember
Glenda BushnellSecretary
Wendell JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,272
Program Service Revenue
$2,173,278
Investment Income
$5,673
Other Revenue
$0
Change in Net Assets
$31,158

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,221,223
Total Revenue per Audited Statements
$2,221,223
Total Revenue per Form 990
$2,221,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,190,065
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$857,669$95,297-$952,966
Depreciation Depletion$289,017$32,113-$321,130
Fees for Services Other$196,493$21,832-$218,325
Fees for Services Management$54,468$54,468-$108,936
All Other Expenses$22,531$6,367-$28,898
Other Expenses$28,560$4,201-$28,560
Fees for Services Legal$16,893--$16,893
Fees for Services Accounting-$11,026-$11,026
Office Expenses$5,974$1,494-$7,468
Advertising$2,389--$2,389
Conferences and Meetings$918$918-$1,836
Total Functional Expenses$1,875,142$314,923$0$2,190,065

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,190,065
Total Expenses per Audited Statements$2,190,065
Total Expenses per Form 990$2,190,065
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

“The Organization employs a management company to oversee the day-to-day rental activities.”

Form 990, Part VI, Section A, Line 8B

“This question is not applicable because committees, when formed, cannot bind the Organization without governing board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable.”

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

“This tax return was prepared the the external audit firm and provided to the governing board for review prior to filing.”

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

“At the first board meeting after elections are held, all board members are provided a copy of the our Code of Ethics and Confidentiality Policy which requires disclosure of actual or potential conflicts of interest for review and resolution by the board. Each board member acknowledges its understanding of the policy and agreement to abide the policy by signing said policy annually.”

Form 990, Part VI, Section B, Line 15A,B

“These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, financial statements, and Formm 990 tax returns are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Parade Park Homes Inc
EIN
44-0662014
Phone
8164213367
Address
1903 EAST 15TH TERRACE Room A, KANSAS CITY, MO 64127

Signing Officer

Name
Andre Lockett
Title
Vice President
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelly Foster
Formed
1962
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Firm
Welch & Associates LLC
Address
920 Main Street Suite 640, Kansas City, MO 64105
Preparer
Brian D Welch
Phone
8167562620
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in members equity not due to operations.”

Financial Statement Notes

IV 2B

“The Organization collects security deposits from its resident tenants that are refunded/retained at the time the tenant moves out depending on any outstanding charges owed by the tenant.”

X 2

“The Organization accounts for uncertain tax positions in accordance with the provisions of FASB Codification Topic 740, Income Taxes. Topic 740 clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organizations income tax returns. Under Topic 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization. The Organization has filed all required tax returns in the required jurisdictions in a timely manner. The Organizations income and tax filings are subject to audit by various taxing authorities. The Organizations Federal Return of Organization Exempt from Income Tax Form 990s for the years ended December 31, 2015 through 2017 remain subject to examination by the Internal Revenue Service, generally for three years after they are filed.Management evaluates the Organizations tax positions annually for any potential changes or issues that may result in uncertainty in the accounting for income taxes and makes a determination regarding their likelihood of being upheld under review. Management has reviewed all sources of revenue and believes that none of the activities have produced income subject to tax on unrelated business income. Management believes that the Organizations operations have been conducted in accordance with its tax-exempt status, that all tax positions have been addressed and that there are no unrecorded tax liabilities. The Organization did not record any interest or penalties in the Statement of Activities or Statement of Financial Position as of and during the year ended December 31, 2018.”

Raw XML AppendixShowing 400 of 463 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0123220
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0134868
IRS990/AccountsReceivableGrp/BOYAmt040863
IRS990/AccountsReceivableGrp/EOYAmt045864
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide affordable housing for individuals and families that meet the guidelines set forth by the US Department of Housig and Urban Development
IRS990/AdvertisingGrp/ProgramServicesAmt02389
IRS990/AdvertisingGrp/TotalAmt02389
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06367
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022531
IRS990/AllOtherExpensesGrp/TotalAmt028898
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COHEN-ESREY
IRS990/BooksInCareOfDetail/PhoneNum09136713300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06800 WEST 64TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0OVERLAND PARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd066202
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt042127
IRS990/CashNonInterestBearingGrp/EOYAmt0127341
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0918
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0918
IRS990/ConferencesMeetingsGrp/TotalAmt01836
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042272
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05673
IRS990/CYOtherExpensesAmt02190065
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02173278
IRS990/CYRevenuesLessExpensesAmt031158
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02190065
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02221223
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt09104
IRS990/DeferredRevenueGrp/EOYAmt012391
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt032113
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0289017
IRS990/DepreciationDepletionGrp/TotalAmt0321130
IRS990/Desc0The Organization operated a 510 unit apartment complex in Kansas City, Missouri in accordance with rules and guidelines in Section 213 of the National Housing Act.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt03675
IRS990/EscrowAccountLiabilityGrp/EOYAmt03739
IRS990/ExpenseAmt01875142
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011026
IRS990/FeesForServicesAccountingGrp/TotalAmt011026
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt016893
IRS990/FeesForServicesLegalGrp/TotalAmt016893
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt054468
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt054468
IRS990/FeesForServicesManagementGrp/TotalAmt0108936
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt021832
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0196493
IRS990/FeesForServicesOtherGrp/TotalAmt0218325
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8025.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDRE LOCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm1GLENDA BUSHNELL
IRS990/Form990PartVIISectionAGrp/PersonNm2WENDELL JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DON WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5DONNA JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6MARYAME SIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm7SHARON SANDERS BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm8SHELLY FOSTER
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/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT former
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt042272
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02221223
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt05673
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05673
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0532189
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0579956
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012791550
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05079945
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04758815
IRS990/LandBldgEquipCostOrOtherBssAmt017550365
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide affordable housing for individuals and families that meet the guidelines set forth by the US Department of Housig and Urban Development
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09565342
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09350393
IRS990/NetAssetsOrFundBalancesBOYAmt0-3812976
IRS990/NetAssetsOrFundBalancesEOYAmt0-3773418
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3812976
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3773418
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt095297
IRS990/OccupancyGrp/ProgramServicesAmt0857669
IRS990/OccupancyGrp/TotalAmt0952966
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01494
IRS990/OfficeExpensesGrp/ProgramServicesAmt05974
IRS990/OfficeExpensesGrp/TotalAmt07468
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt066788
IRS990/OtherAssetsTotalGrp/EOYAmt079226
IRS990/OtherChangesInNetAssetsAmt08400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Management company reimbursed expenses
IRS990/OtherExpensesGrp/Desc1Reparis-maintenance supplies
IRS990/OtherExpensesGrp/Desc2Refuse removal
IRS990/OtherExpensesGrp/Desc3Bad debt expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt079288
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17919
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24201
IRS990/OtherExpensesGrp/ProgramServicesAmt0291144
IRS990/OtherExpensesGrp/ProgramServicesAmt171275
IRS990/OtherExpensesGrp/ProgramServicesAmt237811
IRS990/OtherExpensesGrp/ProgramServicesAmt328560
IRS990/OtherExpensesGrp/TotalAmt0370432
IRS990/OtherExpensesGrp/TotalAmt179194
IRS990/OtherExpensesGrp/TotalAmt242012
IRS990/OtherExpensesGrp/TotalAmt328560
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0126453
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0136771
IRS990/PrincipalOfficerNm0Shelly Foster
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02173278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02173278
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049319
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01180
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0422406
IRS990/PYProgramServiceRevenueAmt0491910
IRS990/PYRevenuesLessExpensesAmt014618
IRS990/PYSalariesCompEmpBnftPaidAmt0105385
IRS990/PYTotalExpensesAmt0527791
IRS990/PYTotalRevenueAmt0542409
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt031158
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt02173278
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt091591
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042272
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt091591
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05673
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01180
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06853
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05673
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02780
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02173278
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0491910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02665188
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02665188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05673
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02780
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08453
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt091591
IRS990ScheduleA/PublicSupportTotal509Amt02756779
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02215550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0541229
IRS990ScheduleA/Total509Grp/TotalAmt02756779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049319
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt091591
IRS990ScheduleA/TotalSupportAmt098444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02221223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0544009
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02765232
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04364988
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012395005
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016759993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0134026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0134026
IRS990ScheduleD/ExpensesSubtotalAmt02190065
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0119302
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1460654
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Replacement reserve required by HUD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1General operating reserve required by HUD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0387263
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0387263
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt099400
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt099400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06564
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0163119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0169683
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt02221223
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization collects security deposits from its resident tenants that are refunded/retained at the time the tenant moves out depending on any outstanding charges owed by the tenant.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization accounts for uncertain tax positions in accordance with the provisions of FASB Codification Topic 740, Income Taxes. Topic 740 clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organizations income tax returns. Under Topic 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization. The Organization has filed all required tax returns in the required jurisdictions in a timely manner. The Organizations income and tax filings are subject to audit by various taxing authorities. The Organizations Federal Return of Organization Exempt from Income Tax Form 990s for the years ended December 31, 2015 through 2017 remain subject to examination by the Internal Revenue Service, generally for three years after they are filed.Management evaluates the Organizations tax positions annually for any potential changes or issues that may result in uncertainty in the accounting for income taxes and makes a determination regarding their likelihood of being upheld under review. Management has reviewed all sources of revenue and believes that none of the activities have produced income subject to tax on unrelated business income. Management believes that the Organizations operations have been conducted in accordance with its tax-exempt status, that all tax positions have been addressed and that there are no unrecorded tax liabilities. The Organization did not record any interest or penalties in the Statement of Activities or Statement of Financial Position as of and during the year ended December 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0IV 2b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04758815
IRS990ScheduleD/TotalBookValueProgramRltdAmt0579956
IRS990ScheduleD/TotalExpensesPerForm990Amt02190065
IRS990ScheduleD/TotalRevenuePerForm990Amt02221223
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02221223
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02190065
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization employs a management company to oversee the day-to-day rental activities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This question is not applicable because committees, when formed, cannot bind the Organization without governing board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This tax return was prepared the the external audit firm and provided to the governing board for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3At the first board meeting after elections are held, all board members are provided a copy of the our Code of Ethics and Confidentiality Policy which requires disclosure of actual or potential conflicts of interest for review and resolution by the board. Each board member acknowledges its understanding of the policy and agreement to abide the policy by signing said policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents, conflict of interest policy, financial statements, and Formm 990 tax returns are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Change in members equity not due to operations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a,b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05888365
IRS990/TotalAssetsEOYAmt05727973
IRS990/TotalAssetsGrp/BOYAmt05888365
IRS990/TotalAssetsGrp/EOYAmt05727973
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt042272
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,727,973
Liabilities
$9,501,391
Net assets
-$3,773,418
Revenue
$2,221,223
Expenses
$2,190,065
Net income
$31,158
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$5.07$9.14$4.07$2.05$2.26$0.21
2020Detailed filing. Detailed filing data is available for this year.$5.44$9.34$3.90$2.20$2.34$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.73$9.50$3.77$2.22$2.19$0.03
2018Summary only. Only limited summary data is available for this year.$5.89$9.70$3.81$0.54$0.53$0.01