Civic Intelligence

The Landing Apartments

990 • Fiscal year 2021 • EIN 45-4914706

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 03, 2022

901 N 3rd Street 150Minneapolis, MN 55401

(612) 341-3148

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

5th percentile

-48%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$215,268

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 50.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

17th percentile

-2.3%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

1.9%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$7,754,954

Down $185,663 (-2.3%) from 2020

Net Assets

Down

$7,695,242

Down $203,482 (-2.6%) from 2020

Liabilities

Up

$59,712

Up $17,819 (+43%) from 2020

Revenue

Up

$422,924

Up $7,811 (+1.9%) from 2020

Expenses

Down

$626,406

Down $28,904 (-4.4%) from 2020

Net Income

Up

-$203,482

Up $36,715 (+15%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $6,972,792Liabilities 2013: $1,652,112Net Assets 2013: $5,320,6802013Assets 2014: $9,795,926Liabilities 2014: $726,733Net Assets 2014: $9,069,1932014Assets 2015: $8,963,213Liabilities 2015: $77,447Net Assets 2015: $8,885,7662015Assets 2016: $8,794,970Liabilities 2016: $44,902Net Assets 2016: $8,750,0682016Assets 2017: $8,550,754Liabilities 2017: $48,862Net Assets 2017: $8,501,8922017Assets 2018: $8,410,962Liabilities 2018: $74,423Net Assets 2018: $8,336,5392018Assets 2019: $8,182,700Liabilities 2019: $43,779Net Assets 2019: $8,138,9212019Assets 2020: $7,940,617Liabilities 2020: $41,893Net Assets 2020: $7,898,7242020Assets 2021: $7,754,954Liabilities 2021: $59,712Net Assets 2021: $7,695,2422021Assets 2022: $7,678,138Liabilities 2022: $186,495Net Assets 2022: $7,491,6432022Assets 2023: $7,481,668Liabilities 2023: $155,804Net Assets 2023: $7,325,8642023Assets 2024: $7,271,875Liabilities 2024: $154,031Net Assets 2024: $7,117,8442024

Highlighted filing

2021

Assets$7,754,954
Liabilities$59,712
Net Assets$7,695,242

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $5,320,680Expenses 2013: $0Net Income 2013: $5,320,6802013Revenue 2014: $4,355,982Expenses 2014: $607,469Net Income 2014: $3,748,5132014Revenue 2015: $386,124Expenses 2015: $569,551Net Income 2015: -$183,4272015Revenue 2016: $383,052Expenses 2016: $518,750Net Income 2016: -$135,6982016Revenue 2017: $388,081Expenses 2017: $636,257Net Income 2017: -$248,1762017Revenue 2018: $387,232Expenses 2018: $552,585Net Income 2018: -$165,3532018Revenue 2019: $389,707Expenses 2019: $587,325Net Income 2019: -$197,6182019Revenue 2020: $415,113Expenses 2020: $655,310Net Income 2020: -$240,1972020Revenue 2021: $422,924Expenses 2021: $626,406Net Income 2021: -$203,4822021Revenue 2022: $416,956Expenses 2022: $620,555Net Income 2022: -$203,5992022Revenue 2023: $450,135Expenses 2023: $615,914Net Income 2023: -$165,7792023Revenue 2024: $473,206Expenses 2024: $681,226Net Income 2024: -$208,0202024

Highlighted filing

2021

Revenue$422,924
Expenses$626,406
Net Income-$203,482
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 3, 2022
Return Version
2021v4.2
Gross Receipts
$422,924
Mission and Program Overview

Mission

To provide elderly or disabled persons with housing facilities and services designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living, with the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a non-profit basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,574,668$7,345,657▼ $229,011
Savings and Temporary Cash Investments$26,145$26,096▼ $49
Cash and Non-Interest-Bearing Accounts$38,511$18,620▼ $19,891
Accounts Receivable$1,427$1,844▲ $417
Total Assets$7,940,617$7,754,954▼ $185,663
Other Assets Total$299,866$362,737▲ $62,871
Liabilities
Accounts Payable and Accrued Expenses$13,216$29,559▲ $16,343
Other Liabilities$24,328$25,095▲ $767
Deferred Revenue$4,349$5,058▲ $709
Total Liabilities$41,893$59,712▲ $17,819
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,860,100$7,860,100→ $0
Net Assets Without Donor Restrictions$38,624$-164,858▼ $203,482
Total Net Assets Fund Balance$7,898,724$7,695,242▼ $203,482
Total Liabilities and Net Assets / Fund Balance$7,940,617$7,754,954▼ $185,663

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,620,063$1,721,503$8,341,566
Land$711,198-$711,198
Equipment$14,396$152,913$167,309
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tami DiehmPresident
Alan ArthurExecutive Vice President
Cj Simmons-faye JonesDirector
Jackie FosterDirector
Martha SwansonDirector
Melissa DowneyDirector
Scott AndersonDirector
Kirsten SpreckDirector-outgoing
Martha NevanenSecretary
Caroline HortonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Aeon Management LLCManagement Services & Reimbursements901 NORTH 3RD ST 150, Minneapolis, MN 55401$113,614
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$422,849
Investment Income
$75
Other Revenue
$0
Change in Net Assets
$-203,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$422,924
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$422,924
Total Revenue per Form 990
$422,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$626,406
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
Depreciation Depletion$229,011--$229,011
Occupancy$114,891--$114,891
Fees for Services Management-$41,625-$41,625
Insurance$24,010--$24,010
Office Expenses$14,062--$14,062
Other Expenses$10,934--$10,934
Fees for Services Accounting-$9,136-$9,136
Advertising$186--$186
Total Functional Expenses$575,645$50,761$0$626,406

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$626,406
Total Expenses per Audited Statements$626,406
Total Expenses per Form 990$626,406
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$25,095
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Alan arthur, executive vice president, is the president of the exempt controlling organization. Caroline horton, treasurer, is the cfo and treasurer of the exempt controlling organization.

Form 990, Part VI, Section A, Line 3

Aeon managment, llc manages the property.

Form 990, Part VI, Section A, Line 7A

Aeon's board of directors elects the board of directors for the landing apartments.

Form 990, Part VI, Section A, Line 7B

Any changes in the articles of incorporation are subject to approval by the board of directors and by aeon.

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

The form 990 is reviewed and finalized by the chief financial officer before going to the president and the board for review and approval.

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

The board members and officers sign a conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15

The landing apartments does not have any paid employees. However, if the landing apartments did have paid employees they would follow the policies of aeon, the tax-exempt controlling organization.

Form 990, Part VI, Section C, Line 19

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Landing Apartments
EIN
45-4914706
Phone
6123413148
Address
901 N 3RD STREET 150, MINNEAPOLIS, MN 55401

Signing Officer

Name
Caroline Horton
Title
Treasurer
Phone
6123413148
Signed
2022-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Anthony Johnson
Formed
2012
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly US Llp
Address
225 S 6TH ST 2300, MINNEAPOLIS, MN 55402
Preparer
Lawrence H Mohr CPA
Phone
6128764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require that the corporation evaluate tax positions and recognize a liability (or asset) if the corporation has taken an uncertain tax position that would not be sustained upon examination by tax authorities. The corporation has analyzed its tax positions, and concluded that as of december 31, 2021 and 2020 there are no uncertain tax positions taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The corporation is subject to routine audits by tax authorities, however there are currently no audits for any open tax periods in progress.

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IRS990/OtherLiabilitiesGrp/BOYAmt024328
IRS990/OtherLiabilitiesGrp/EOYAmt025095
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ERIC ANTHONY JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT ASSISTANCE PMTS
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY & OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0234447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1182586
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0234447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1182586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25816
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0161
IRS990/PYOtherExpensesAmt0655310
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0414952
IRS990/PYRevenuesLessExpensesAmt0-240197
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0655310
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0415113
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-203482
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0422849
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026145
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026096
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01499
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01315
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0418
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03468
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0422849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0414952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0388208
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0385917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0387663
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01999589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01499
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01315
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03468
IRS990ScheduleA/InvestmentIncomeCYPct00.00170
IRS990ScheduleA/InvestmentIncomePYPct00.00180
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99830
IRS990ScheduleA/PublicSupportPY509Pct00.99820
IRS990ScheduleA/PublicSupportTotal509Amt01999589
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0422849
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0414952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0388208
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0385917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0387663
IRS990ScheduleA/Total509Grp/TotalAmt01999589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0422924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0415113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0389707
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0388081
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02003057
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06620063
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01721503
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08341566
IRS990ScheduleD/EquipmentGrp/BookValueAmt014396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0152913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0167309
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0626406
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0711198
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0711198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0422924
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT THE CORPORATION EVALUATE TAX POSITIONS AND RECOGNIZE A LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE CORPORATION HAS ANALYZED ITS TAX POSITIONS, AND CONCLUDED THAT AS OF DECEMBER 31, 2021 AND 2020 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY OPEN TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07345657
IRS990ScheduleD/TotalExpensesPerForm990Amt0626406
IRS990ScheduleD/TotalLiabilityAmt025095
IRS990ScheduleD/TotalRevenuePerForm990Amt0422924
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0422924
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0626406
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0194995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1200328
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06243
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt15225
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALAN ARTHUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CAROLINE HORTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0215268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1214410
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALAN ARTHUR, EXECUTIVE VICE PRESIDENT, IS THE PRESIDENT OF THE EXEMPT CONTROLLING ORGANIZATION. CAROLINE HORTON, TREASURER, IS THE CFO AND TREASURER OF THE EXEMPT CONTROLLING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AEON MANAGMENT, LLC MANAGES THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AEON'S BOARD OF DIRECTORS ELECTS THE BOARD OF DIRECTORS FOR THE LANDING APARTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CHANGES IN THE ARTICLES OF INCORPORATION ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS AND BY AEON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED AND FINALIZED BY THE CHIEF FINANCIAL OFFICER BEFORE GOING TO THE PRESIDENT AND THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD MEMBERS AND OFFICERS SIGN A CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE LANDING APARTMENTS DOES NOT HAVE ANY PAID EMPLOYEES. HOWEVER, IF THE LANDING APARTMENTS DID HAVE PAID EMPLOYEES THEY WOULD FOLLOW THE POLICIES OF AEON, THE TAX-EXEMPT CONTROLLING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19

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