Victory Brookside Inc

990 • Fiscal year 2017 • EIN 45-3693816

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 07, 2018

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.

0.78x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

3.08x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

12%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

$235,976

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 67.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

0.8%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

1.7%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets88th percentile

Assets

$1,373,511

Up $11,447 (+0.8%) from 2016

Net Assets

$298,983

Up $42,921 (+17%) from 2016

Liabilities

Down

$1,074,528

Down $31,474 (-2.8%) from 2016

Revenue And Expenses

Liabilities / Revenue93rd percentile Net Margin70th percentile

Revenue

$348,464

Up $5,986 (+1.7%) from 2016

Expenses

$305,543

Up $20,608 (+7.2%) from 2016

Net Income

Down

$42,921

Down $14,622 (-25%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

Highlighted filing

2017

Assets$1,373,511

Liabilities$1,074,528

Net Assets$298,983

Open 2017 Filing

Operations Trend

Revenue Growth43rd percentile

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

Highlighted filing

2017

Revenue$348,464

Expenses$305,543

Net Income$42,921

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Apr 7, 2018
Return Version: 2017v2.2
Gross Receipts: $348,464

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,149,791	$1,135,618	▼ $14,173
Cash and Non-Interest-Bearing Accounts	$119,273	$141,514	▲ $22,241
Prepaid Expenses and Deferred Charges	$14,201	$12,134	▼ $2,067
Accounts Receivable	$1,723	$643	▼ $1,080
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	$1,362,064	$1,373,511	▲ $11,447
Other Assets Total	$77,076	$83,602	▲ $6,526
Liabilities
Mortgage Notes Payable Secured by Investment Property	$1,037,563	$1,011,881	▼ $25,682
Accounts Payable and Accrued Expenses	$42,906	$36,812	▼ $6,094
Other Liabilities	$25,452	$24,548	▼ $904
Deferred Revenue	$81	$1,287	▲ $1,206
Total Liabilities	$1,106,002	$1,074,528	▼ $31,474
Net Assets / Fund Balance
Unrestricted Net Assets	$256,062	$298,983	▲ $42,921
Total Net Assets Fund Balance	$256,062	$298,983	▲ $42,921
Total Liabilities and Net Assets / Fund Balance	$1,362,064	$1,373,511	▲ $11,447

Asset Categories

Asset	Book Value	Depreciation	Basis
Land	$838,108	-	$838,108
Buildings	$290,875	$51,450	$342,325
Equipment	$1,504	$16,551	$18,055
Leasehold Improvements	$5,131	$10,378	$15,509
Other Land Buildings	-	$1,682	$1,682
Other Assets Org	$4,792	-	-

Compensation and Service Providers

Top Officer Pay92nd percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
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: $348,371
Investment Income: $93
Other Revenue: $0
Change in Net Assets: $42,921

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$248,532
Salaries, Compensation, and Employee Benefits	$57,011
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	$43,820	-	-	$43,820
Other Expenses	$15,888	$35,000	-	$15,888
Fees for Services Management	-	$15,674	-	$15,674
Depreciation Depletion	$14,175	-	-	$14,175
Interest	$10,210	-	-	$10,210
Other Employee Benefits	$9,839	-	-	$9,839
Fees for Services Accounting	-	$9,187	-	$9,187
All Other Expenses	$8,448	-	-	$8,448
Insurance	$5,000	-	-	$5,000
Payroll Taxes	$3,352	-	-	$3,352
Office Expenses	$2,233	-	-	$2,233
Advertising	$839	-	-	$839
Travel	$198	-	-	$198
Total Functional Expenses	$245,682	$59,861	$0	$305,543

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	$59,805	$6,192,446	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$72,084	$1,120	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$34,338	$934	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$21,804	$850	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	$3,218	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-115	$1,498	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-32	$1,433	0.00%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$12	$1,011	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-32	$998	25%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-32	$998	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Haven Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-33,983	$2,698,031	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-115	$3,218	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	-	-	Victory Hsg
Victory Haven LLC	Rockville, MD	Real Estate	-	-	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$21,613
Misc. Long-term Liabilities	$2,935

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 & CEO
Signed: 2018-04-07

Organization Details

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

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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	1037563
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	1011881
IRS990/NetAssetsOrFundBalancesBOYAmt	0	256062
IRS990/NetAssetsOrFundBalancesEOYAmt	0	298983
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	2233
IRS990/OfficeExpensesGrp/TotalAmt	0	2233
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	77076
IRS990/OtherAssetsTotalGrp/EOYAmt	0	83602
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	9839
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	9839
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	35000
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	70442
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	61238
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	15888
IRS990/OtherExpensesGrp/TotalAmt	0	70442
IRS990/OtherExpensesGrp/TotalAmt	1	61238
IRS990/OtherExpensesGrp/TotalAmt	2	35000
IRS990/OtherExpensesGrp/TotalAmt	3	15888
IRS990/OtherLiabilitiesGrp/BOYAmt	0	25452
IRS990/OtherLiabilitiesGrp/EOYAmt	0	24548
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	43820
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	43820
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	3352
IRS990/PayrollTaxesGrp/TotalAmt	0	3352
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	14201
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	12134
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	339886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	3877
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	4608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	339886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	3877
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	4608
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	121
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	249407
IRS990/PYProgramServiceRevenueAmt	0	342357
IRS990/PYRevenuesLessExpensesAmt	0	57543
IRS990/PYSalariesCompEmpBnftPaidAmt	0	35528
IRS990/PYTotalExpensesAmt	0	284935
IRS990/PYTotalRevenueAmt	0	342478
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	42921
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/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	93
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	216
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	22
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	106
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	343763
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	338766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	337498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	336273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	331054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1687354
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	93
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	216
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	22
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	558
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	4608
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	3591
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	8199
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.99480
IRS990ScheduleA/PublicSupportTotal509Amt	0	1687354
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	343763
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	338766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	337498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	336273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	331054
IRS990ScheduleA/Total509Grp/TotalAmt	0	1687354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	348464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	342478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	337714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	336295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	331160
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1696111
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	290875
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	51450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	342325
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	1504
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	16551
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	18055
IRS990ScheduleD/LandGrp/BookValueAmt	0	838108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	838108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	5131
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	10378
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	15509
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	56194
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	22613
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	3
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	4792
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	RESERVES FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	Rounding
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	1682
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	1682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	2935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	21613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	MISC. LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1135618
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	83602
IRS990ScheduleD/TotalLiabilityAmt	0	24548
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	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	221900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	235976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	LEILA A FINUCANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	173579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	221900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	235976
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

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,373,511
Liabilities: $1,074,528
Net assets: $298,983
Revenue: $348,464
Expenses: $305,543
Net income: $42,921

	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