Victory Brookside Inc

990 • Fiscal year 2016 • EIN 45-3693816

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 04, 2017

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.

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

3.23x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

17%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

$356,617

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 104.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

2.7%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

1.4%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets88th percentile

Assets

$1,362,064

Up $36,338 (+2.7%) from 2015

Net Assets

$256,062

Up $57,543 (+29%) from 2015

Liabilities

Down

$1,106,002

Down $21,205 (-1.9%) from 2015

Revenue And Expenses

Liabilities / Revenue93rd percentile Net Margin77th percentile

Revenue

$342,478

Up $4,764 (+1.4%) from 2015

Expenses

$284,935

Up $34,260 (+14%) from 2015

Net Income

Down

$57,543

Down $29,496 (-34%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

Highlighted filing

2016

Assets$1,362,064

Liabilities$1,106,002

Net Assets$256,062

Open 2016 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2016

Revenue$342,478

Expenses$284,935

Net Income$57,543

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Apr 4, 2017
Return Version: 2016v3.0
Gross Receipts: $342,478

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,165,399	$1,149,791	▼ $15,608
Cash and Non-Interest-Bearing Accounts	$81,713	$119,273	▲ $37,560
Prepaid Expenses and Deferred Charges	$11,007	$14,201	▲ $3,194
Accounts Receivable	$1,415	$1,723	▲ $308
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	$1,325,726	$1,362,064	▲ $36,338
Other Assets Total	$66,192	$77,076	▲ $10,884
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,062,993	$1,037,563	▼ $25,430
Accounts Payable and Accrued Expenses	$37,725	$42,906	▲ $5,181
Other Liabilities	$26,003	$25,452	▼ $551
Deferred Revenue	$486	$81	▼ $405
Total Liabilities	$1,127,207	$1,106,002	▼ $21,205
Net Assets / Fund Balance
Unrestricted Net Assets	$198,519	$256,062	▲ $57,543
Total Net Assets Fund Balance	$198,519	$256,062	▲ $57,543
Total Liabilities and Net Assets / Fund Balance	$1,325,726	$1,362,064	▲ $36,338

Asset Categories

Asset	Book Value	Depreciation	Basis
Land	$838,108	-	$838,108
Buildings	$299,433	$42,892	$342,325
Equipment	$4,095	$13,960	$18,055
Leasehold Improvements	$8,099	$7,410	$15,509
Other Land Buildings	$56	$1,626	$1,682
Other Assets Org	$6,928	-	-

Compensation and Service Providers

Top Officer Pay96th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
Leila a Finucane	President & CEO
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Barry Knestout	Director
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $342,357
Investment Income: $121
Other Revenue: $0
Change in Net Assets: $57,543

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$249,407
Salaries, Compensation, and Employee Benefits	$35,528
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	$24,050	-	-	$24,050
Depreciation Depletion	$15,613	-	-	$15,613
Fees for Services Management	-	$15,316	-	$15,316
Other Expenses	$14,785	$25,000	-	$14,785
Interest	$10,481	-	-	$10,481
All Other Expenses	$10,316	-	-	$10,316
Fees for Services Accounting	-	$9,057	-	$9,057
Other Employee Benefits	$8,483	-	-	$8,483
Insurance	$5,000	-	-	$5,000
Payroll Taxes	$2,995	-	-	$2,995
Office Expenses	$1,879	-	-	$1,879
Advertising	$247	-	-	$247
Travel	$72	-	-	$72
Total Functional Expenses	$235,562	$49,373	$0	$284,935

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
Victory Terrace Lp	Rockville, MD	Real Estate	$22,745	$6,375,953	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-104	$3,322	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-23	$2,289	0.00%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-41	$1,497	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$17	$1,238	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-39	$1,090	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-17	$1,008	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-25	$974	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-18	$918	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-9	$258	25%	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	$-68,159	$2,764,742	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-68,259	$2,764,742	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-104	$3,321	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-23	$2,289	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$21,400
Misc. Long-term Liabilities	$4,052

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: Leila a Finucane
Title: President
Signed: 2017-04-04

Organization Details

Principal Officer: Leila a Finucane
Formed: 2012
Legal Domicile: Md
Voting Board Members: 3
Independent Board Members: 3
Employees: 0

Raw XML AppendixShowing 400 of 1,065 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/AccountantCompileOrReviewInd	0	false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt	0	37725
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt	0	42906
IRS990/AccountsReceivableGrp/BOYAmt	0	1415
IRS990/AccountsReceivableGrp/EOYAmt	0	1723
IRS990/ActivitiesConductedPrtshpInd	0	false
IRS990/ActivityOrMissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/AdvertisingGrp/ProgramServicesAmt	0	247
IRS990/AdvertisingGrp/TotalAmt	0	247
IRS990/AllAffiliatesIncludedInd	0	false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt	0	10316
IRS990/AllOtherExpensesGrp/TotalAmt	0	10316
IRS990/AnnualDisclosureCoveredPrsnInd	0	true
IRS990/AuditCommitteeInd	0	false
IRS990/BackupWthldComplianceInd	0	false
IRS990/BenefitsToMembersGrp/TotalAmt	0	0
IRS990/BooksInCareOfDetail/PersonNm	0	VICTORY HOUSING INC
IRS990/BooksInCareOfDetail/PhoneNum	0	3014936000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	11400 ROCKVILLE PIKE / 505
IRS990/BooksInCareOfDetail/USAddress/CityNm	0	ROCKVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd	0	20852
IRS990/BusinessRlnWithFamMemInd	0	false
IRS990/BusinessRlnWithOfficerEntInd	0	false
IRS990/BusinessRlnWithOrgMemInd	0	false
IRS990/CashNonInterestBearingGrp/BOYAmt	0	81713
IRS990/CashNonInterestBearingGrp/EOYAmt	0	119273
IRS990/ChangeToOrgDocumentsInd	0	false
IRS990/CntrctRcvdGreaterThan100KCnt	0	0
IRS990/CollectionsOfArtInd	0	false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt	0	0
IRS990/CompDisqualPersonsGrp/TotalAmt	0	0
IRS990/CompensationFromOtherSrcsInd	0	false
IRS990/CompensationProcessCEOInd	0	false
IRS990/CompensationProcessOtherInd	0	false
IRS990/ConferencesMeetingsGrp/TotalAmt	0	0
IRS990/ConflictOfInterestPolicyInd	0	true
IRS990/ConservationEasementsInd	0	false
IRS990/ConsolidatedAuditFinclStmtInd	0	false
IRS990/CreditCounselingInd	0	false
IRS990/CYBenefitsPaidToMembersAmt	0	0
IRS990/CYContributionsGrantsAmt	0	0
IRS990/CYGrantsAndSimilarPaidAmt	0	0
IRS990/CYInvestmentIncomeAmt	0	121
IRS990/CYOtherExpensesAmt	0	249407
IRS990/CYOtherRevenueAmt	0	0
IRS990/CYProgramServiceRevenueAmt	0	342357
IRS990/CYRevenuesLessExpensesAmt	0	57543
IRS990/CYSalariesCompEmpBnftPaidAmt	0	35528
IRS990/CYTotalExpensesAmt	0	284935
IRS990/CYTotalFundraisingExpenseAmt	0	0
IRS990/CYTotalProfFndrsngExpnsAmt	0	0
IRS990/CYTotalRevenueAmt	0	342478
IRS990/DAFExcessBusinessHoldingsInd	0	false
IRS990/DecisionsSubjectToApprovaInd	0	false
IRS990/DeductibleArtContributionInd	0	false
IRS990/DeductibleNonCashContriInd	0	false
IRS990/DeferredRevenueGrp/BOYAmt	0	486
IRS990/DeferredRevenueGrp/EOYAmt	0	81
IRS990/DelegationOfMgmtDutiesInd	0	false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt	0	15613
IRS990/DepreciationDepletionGrp/TotalAmt	0	15613
IRS990/Desc	0	56 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW-INCOME SENIOR CITIZENS.
IRS990/DescribedInSection501c3Ind	0	true
IRS990/DisregardedEntityInd	0	true
IRS990/DistributionToDonorInd	0	false
IRS990/DocumentRetentionPolicyInd	0	true
IRS990/DonorAdvisedFundInd	0	false
IRS990/ElectionOfBoardMembersInd	0	false
IRS990/EmployeeCnt	0	0
IRS990/EmploymentTaxReturnsFiledInd	0	false
IRS990/EngagedInExcessBenefitTransInd	0	false
IRS990/EscrowAccountInd	0	false
IRS990/ExpenseAmt	0	235562
IRS990/FamilyOrBusinessRlnInd	0	false
IRS990/FederalGrantAuditRequiredInd	0	false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt	0	9057
IRS990/FeesForServicesAccountingGrp/TotalAmt	0	9057
IRS990/FeesForServicesLegalGrp/TotalAmt	0	0
IRS990/FeesForServicesLobbyingGrp/TotalAmt	0	0
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt	0	15316
IRS990/FeesForServicesManagementGrp/TotalAmt	0	15316
IRS990/FeesForServicesOtherGrp/TotalAmt	0	0
IRS990/FeesForServicesProfFundraising/TotalAmt	0	0
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt	0	0
IRS990/ForeignActivitiesInd	0	false
IRS990/ForeignFinancialAccountInd	0	false
IRS990/ForeignGrantsGrp/TotalAmt	0	0
IRS990/ForeignOfficeInd	0	false
IRS990/Form1098CFiledInd	0	false
IRS990/Form8282FiledCnt	0	0
IRS990/Form8282PropertyDisposedOfInd	0	false
IRS990/Form8899Filedind	0	false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	0	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	1	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	2	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	3	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	4	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	5	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	6	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	7	0.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	0	0.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	1	0.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	2	0.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	3	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	4	0.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	5	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	6	1.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	7	1.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	0	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	1	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	2	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	0	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	1	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	2	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	3	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	4	X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	0	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	1	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	2	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	3	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	4	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	5	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	6	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	7	0
IRS990/Form990PartVIISectionAGrp/PersonNm	0	PAUL E JOHNSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm	1	ERIC SIMONTIS
IRS990/Form990PartVIISectionAGrp/PersonNm	2	MOST REV BARRY KNESTOUT
IRS990/Form990PartVIISectionAGrp/PersonNm	3	JAMES A BROWN JR
IRS990/Form990PartVIISectionAGrp/PersonNm	4	KATHLEEN McWILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm	5	LEILA A FINUCANE
IRS990/Form990PartVIISectionAGrp/PersonNm	6	JOHN D SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm	7	JEFFREY BLACKWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	3	356617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	6	205818
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	7	150669
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	Director
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	Director
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	President
IRS990/Form990PartVIISectionAGrp/TitleTxt	4	Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	ASST SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd	0	true
IRS990/Form990TFiledInd	0	false
IRS990/FormationYr	0	2012
IRS990/FormerOfcrEmployeesListedInd	0	false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd	0	X
IRS990/FSAuditedInd	0	true
IRS990/FundraisingActivitiesInd	0	false
IRS990/GamingActivitiesInd	0	false
IRS990/GoverningBodyVotingMembersCnt	0	3
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt	0	0
IRS990/GrantsToDomesticOrgsGrp/TotalAmt	0	0
IRS990/GrantsToIndividualsInd	0	false
IRS990/GrantsToOrganizationsInd	0	false
IRS990/GrantToRelatedPersonInd	0	false
IRS990/GrossReceiptsAmt	0	342478
IRS990/GroupReturnForAffiliatesInd	0	false
IRS990/IncludeFIN48FootnoteInd	0	false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt	0	0
IRS990/IndependentAuditFinclStmtInd	0	false
IRS990/IndependentVotingMemberCnt	0	3
IRS990/IndivRcvdGreaterThan100KCnt	0	0
IRS990/IndoorTanningServicesInd	0	false
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InformationTechnologyGrp/TotalAmt	0	0
IRS990/InsuranceGrp/ProgramServicesAmt	0	5000
IRS990/InsuranceGrp/TotalAmt	0	5000
IRS990/IntangibleAssetsGrp/EOYAmt	0	0
IRS990/InterestGrp/ProgramServicesAmt	0	10481
IRS990/InterestGrp/TotalAmt	0	10481
IRS990/InventoriesForSaleOrUseGrp/EOYAmt	0	0
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	121
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	121
IRS990/InvestmentInJointVentureInd	0	false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/EOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/InvestTaxExemptBondsInd	0	false
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	65888
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	1165399
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	1149791
IRS990/LandBldgEquipCostOrOtherBssAmt	0	1215679
IRS990/LegalDomicileStateCd	0	MD
IRS990/LicensedMoreThanOneStateInd	0	false
IRS990/LoanOutstandingInd	0	false
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
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	1062993
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1037563
IRS990/NetAssetsOrFundBalancesBOYAmt	0	198519
IRS990/NetAssetsOrFundBalancesEOYAmt	0	256062
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/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	1879
IRS990/OfficeExpensesGrp/TotalAmt	0	1879
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	66192
IRS990/OtherAssetsTotalGrp/EOYAmt	0	77076
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	8483
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	8483
IRS990/OtherExpensesGrp/Desc	0	OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	CONTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc	3	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	0	25000
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	76831
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	64810
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	14785
IRS990/OtherExpensesGrp/TotalAmt	0	76831
IRS990/OtherExpensesGrp/TotalAmt	1	64810
IRS990/OtherExpensesGrp/TotalAmt	2	25000
IRS990/OtherExpensesGrp/TotalAmt	3	14785
IRS990/OtherLiabilitiesGrp/BOYAmt	0	26003
IRS990/OtherLiabilitiesGrp/EOYAmt	0	25452
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	24050
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	24050
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	2995
IRS990/PayrollTaxesGrp/TotalAmt	0	2995
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	11007
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	14201
IRS990/PrincipalOfficerNm	0	LEILA A FINUCANE
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	334986
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	3780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	3591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	334986
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	3780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	3591
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	216
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	197247
IRS990/PYProgramServiceRevenueAmt	0	337498
IRS990/PYRevenuesLessExpensesAmt	0	87039
IRS990/PYSalariesCompEmpBnftPaidAmt	0	53428
IRS990/PYTotalExpensesAmt	0	250675
IRS990/PYTotalRevenueAmt	0	337714
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	57543
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	true
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/CurrentTaxYearMinus1YearAmt	0	216
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	22
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	94
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	337498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	336273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	331054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	326172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1330997
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	22
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	94
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	438
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	1330997
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	337498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	336273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	331054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	326172
IRS990ScheduleA/Total509Grp/TotalAmt	0	1330997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	337714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	336295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	331160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	326266
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1331435
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	299433
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	42892
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	342325
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	4095
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	13960
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	18055
IRS990ScheduleD/LandGrp/BookValueAmt	0	838108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	838108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	8099
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	7410
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	15509
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	48277
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	21871
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	6928
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	MISC. CURRENT ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	RESERVES FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	56
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	1626
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	1682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	4052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	21400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1149791
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	77076
IRS990ScheduleD/TotalLiabilityAmt	0	25452
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	356617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	150669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205818
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JAMES A BROWN JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	356617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	150669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	205818
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,362,064
Liabilities: $1,106,002
Net assets: $256,062
Revenue: $342,478
Expenses: $284,935
Net income: $57,543

	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