Victory Brookside Inc

990 • Fiscal year 2014 • EIN 45-3693816

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 09, 2015

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

3.45x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

8.8%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

$331,574

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 98.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

-0.0%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

1.6%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets90th percentile

Assets

Down

$1,273,203

Down $132 (-0.0%) from 2013

Net Assets

$111,480

Up $29,517 (+36%) from 2013

Liabilities

Down

$1,161,723

Down $29,649 (-2.5%) from 2013

Revenue And Expenses

Liabilities / Revenue93rd percentile Net Margin65th percentile

Revenue

$336,295

Up $5,135 (+1.6%) from 2013

Expenses

$306,778

Up $11,452 (+3.9%) from 2013

Net Income

Down

$29,517

Down $6,317 (-18%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

Highlighted filing

2014

Assets$1,273,203

Liabilities$1,161,723

Net Assets$111,480

Open 2014 Filing

Operations Trend

Revenue Growth44th percentile

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

Highlighted filing

2014

Revenue$336,295

Expenses$306,778

Net Income$29,517

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: Apr 9, 2015
Return Version: 2014v5.0
Gross Receipts: $336,295

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,179,450	$1,174,136	▼ $5,314
Cash and Non-Interest-Bearing Accounts	$13,964	$35,156	▲ $21,192
Prepaid Expenses and Deferred Charges	$10,102	$7,052	▼ $3,050
Accounts Receivable	$1,377	$691	▼ $686
Savings and Temporary Cash Investments	-	$0	-
Other Notes and Loans Receivable, Net	-	$0	-
Pledges and Grants Receivable	-	$0	-
Receivable From Disqualified Prsn	-	$0	-
Receivables From Officers Etc	-	$0	-
Investments Other Securities	-	$0	-
Investments Program Related	-	$0	-
Investments in Publicly Traded Securities	-	$0	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$1,273,335	$1,273,203	▼ $132
Other Assets Total	$68,442	$56,168	▼ $12,274
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,100,284	$1,087,522	▼ $12,762
Accounts Payable and Accrued Expenses	$29,834	$36,764	▲ $6,930
Other Liabilities	$61,254	$30,585	▼ $30,669
Deferred Revenue	-	$6,852	-
Total Liabilities	$1,191,372	$1,161,723	▼ $29,649
Net Assets / Fund Balance
Unrestricted Net Assets	$81,963	$111,480	▲ $29,517
Total Net Assets Fund Balance	$81,963	$111,480	▲ $29,517
Total Liabilities and Net Assets / Fund Balance	$1,273,335	$1,273,203	▼ $132

Asset Categories

Asset	Book Value	Depreciation	Basis
Land	$838,108	-	$838,108
Buildings	$316,549	$25,776	$342,325
Equipment	$11,317	$6,738	$18,055
Leasehold Improvements	$7,433	$1,534	$8,967
Other Land Buildings	$729	$953	$1,682

Compensation and Service Providers

Top Officer Pay95th percentile

Employees

Name	Title	Other	Total
Jeffrey Blackwell	Asst Secretary	$147,662	$147,662

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
John D Spencer	Vice President
Most Rev Barry Knestout	Director
Thomas F Duffy	Director
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $336,273
Investment Income: $22
Other Revenue: $0
Change in Net Assets: $29,517

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$236,007
Salaries, Compensation, and Employee Benefits	$70,771
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	$57,025	-	-	$57,025
Fees for Services Management	-	$15,234	-	$15,234
All Other Expenses	$14,661	-	-	$14,661
Depreciation Depletion	$13,556	-	-	$13,556
Interest	$10,949	-	-	$10,949
Other Employee Benefits	$9,248	-	-	$9,248
Insurance	$7,536	-	-	$7,536
Fees for Services Accounting	-	$7,347	-	$7,347
Other Expenses	$6,126	-	-	$6,126
Occupancy	$4,678	-	-	$4,678
Payroll Taxes	$4,498	-	-	$4,498
Office Expenses	$3,188	-	-	$3,188
Advertising	$946	-	-	$946
Travel	$782	-	-	$782
Fees for Services Legal	$34	-	-	$34
Total Functional Expenses	$284,197	$22,581	$0	$306,778

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Covenant Village Gp	Germantown, MD	Real Estate	$67,313	$323,688	25%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-95	$3,713	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-15	$2,500	0.00%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-50	$1,602	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$8	$1,258	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-32	$1,179	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$9	$1,170	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-32	$1,043	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-22	$981	0.01%	Yes
Victory Terrace Lp	Rockville, MD	Real Estate	$-10	$766	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-17,489	$3,028,243	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-17,489	$3,028,243	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-95	$3,713	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-15	$2,500	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$20,705
Misc. Long-term Liabilities	$9,879
Rounding	$1

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: No
Backup withholding compliance: 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: No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft of form 990 is provided to board members for review and approval prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Victory Brookside Inc
EIN: 45-3693816
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: James A Brown Jr
Title: President
Signed: 2015-04-09

Organization Details

Principal Officer: James a Brown Jr
Formed: 2012
Legal Domicile: Md
Voting Board Members: 3
Independent Board Members: 3
Employees: 0

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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/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	false
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1100284
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1087522
IRS990/NetAssetsOrFundBalancesBOYAmt	0	81963
IRS990/NetAssetsOrFundBalancesEOYAmt	0	111480
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/ProgramServicesAmt	0	4678
IRS990/OccupancyGrp/TotalAmt	0	4678
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	3188
IRS990/OfficeExpensesGrp/TotalAmt	0	3188
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	68442
IRS990/OtherAssetsTotalGrp/EOYAmt	0	56168
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	9248
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	9248
IRS990/OtherExpensesGrp/Desc	0	UTILITIES
IRS990/OtherExpensesGrp/Desc	1	OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc	2	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc	3	PROFEWSSIONAL FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	76962
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	59978
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	14030
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	6126
IRS990/OtherExpensesGrp/TotalAmt	0	76962
IRS990/OtherExpensesGrp/TotalAmt	1	59978
IRS990/OtherExpensesGrp/TotalAmt	2	14030
IRS990/OtherExpensesGrp/TotalAmt	3	6126
IRS990/OtherLiabilitiesGrp/BOYAmt	0	61254
IRS990/OtherLiabilitiesGrp/EOYAmt	0	30585
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	57025
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	57025
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	4498
IRS990/PayrollTaxesGrp/TotalAmt	0	4498
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	10102
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	7052
IRS990/PrincipalOfficerNm	0	JAMES A BROWN JR
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	326068
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	4584
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	5621
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	326068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	4584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	5621
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	106
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	231906
IRS990/PYProgramServiceRevenueAmt	0	331054
IRS990/PYRevenuesLessExpensesAmt	0	35834
IRS990/PYSalariesCompEmpBnftPaidAmt	0	63420
IRS990/PYTotalExpensesAmt	0	295326
IRS990/PYTotalRevenueAmt	0	331160
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	29517
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	22
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	94
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	336273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	331054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	326172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	993499
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	22
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	94
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	222
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	0
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	993499
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	336273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	331054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	326172
IRS990ScheduleA/Total509Grp/TotalAmt	0	993499
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	336295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	331160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	326266
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	993721
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	316549
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	25776
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	342325
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	11317
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	6738
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	18055
IRS990ScheduleD/LandGrp/BookValueAmt	0	838108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	838108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	7433
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	1534
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	8967
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	729
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	953
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	1682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	9879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	20705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1174136
IRS990ScheduleD/TotalLiabilityAmt	0	30585
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	331574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	165486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	331574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	165486
IRS990ScheduleJ/SeverancePaymentInd	0	false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd	0	false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	false
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	false
IRS990ScheduleR/DivRelatedOrganizationInd	0	false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	0	VICTORY ENTR
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	1	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	2	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	3	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	0	PARKFAIR ASSOCIATES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	1	VICTORY ENTERPRISES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	2	VICTORY-HAMPSHIRE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	3	CCS - ST MARTINS APARTMENTS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN	0	522319037
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN	1	522322476
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN	2	753038747
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN	3	562623531
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt	0	3028243

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,273,203
Liabilities: $1,161,723
Net assets: $111,480
Revenue: $336,295
Expenses: $306,778
Net income: $29,517

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.34	$0.92	$0.42	$0.44	$0.35	$0.09
2023Detailed filing. Detailed filing data is available for this year.	$1.26	$0.93	$0.33	$0.43	$0.41	$0.02
2022Detailed filing. Detailed filing data is available for this year.	$1.27	$0.96	$0.31	$0.39	$0.36	$0.04
2021Detailed filing. Detailed filing data is available for this year.	$1.26	$0.98	$0.27	$0.37	$0.36	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$1.27	$1.00	$0.27	$0.36	$0.38	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$1.32	$1.03	$0.29	$0.35	$0.37	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$1.37	$1.06	$0.31	$0.36	$0.34	$0.01
2017Detailed filing. Detailed filing data is available for this year.	$1.37	$1.07	$0.30	$0.35	$0.31	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$1.36	$1.11	$0.26	$0.34	$0.28	$0.06
2015Detailed filing. Detailed filing data is available for this year.	$1.33	$1.13	$0.20	$0.34	$0.25	$0.09
2014Detailed filing. Detailed filing data is available for this year.	$1.27	$1.16	$0.11	$0.34	$0.31	$0.03
2013Summary only. Only limited summary data is available for this year.	$1.27	$1.19	$0.08	$0.33	$0.30	$0.04