Civic Intelligence

Thomas Patrick Maroney Unity Apartments Inc.

990 • Fiscal year 2014 • EIN 45-4965095

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

1644 MilegroundMorgantown, WV 26505

(304) 296-8223

Siviq Scores

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

Liabilities / Assets

77th percentile

0.35x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$122,565

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

98th percentile

259%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

100th percentile

3662%

Faster revenue growth than 100% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$722,542

Up $521,395 (+259%) from 2013

Net Assets

Up

$470,795

Up $458,495 (+3728%) from 2013

Liabilities

Up

$251,747

Up $62,900 (+33%) from 2013

Revenue

Up

$462,740

Up $450,440 (+3662%) from 2013

Expenses

Up

$4,245

Up $4,245 from 2013

Net Income

Up

$458,495

Up $446,195 (+3628%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $201,147Liabilities 2013: $188,847Net Assets 2013: $12,3002013Assets 2014: $722,542Liabilities 2014: $251,747Net Assets 2014: $470,7952014Assets 2015: $2,837,975Liabilities 2015: $133,616Net Assets 2015: $2,704,3592015Assets 2016: $2,637,639Liabilities 2016: $22,810Net Assets 2016: $2,614,8292016Assets 2017: $2,569,901Liabilities 2017: $47,047Net Assets 2017: $2,522,8542017Assets 2018: $2,503,215Liabilities 2018: $49,537Net Assets 2018: $2,453,6782018Assets 2019: $2,434,133Liabilities 2019: $56,259Net Assets 2019: $2,377,8742019Assets 2020: $2,372,895Liabilities 2020: $54,435Net Assets 2020: $2,318,4602020Assets 2021: $2,313,261Liabilities 2021: $46,221Net Assets 2021: $2,267,0402021Assets 2022: $2,261,335Liabilities 2022: $72,719Net Assets 2022: $2,188,6162022Assets 2023: $2,214,306Liabilities 2023: $82,395Net Assets 2023: $2,131,9112023Assets 2024: $2,096,321Liabilities 2024: $49,183Net Assets 2024: $2,047,1382024

Highlighted filing

2014

Assets$722,542
Liabilities$251,747
Net Assets$470,795

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $12,300Expenses 2013: $0Net Income 2013: $12,3002013Revenue 2014: $462,740Expenses 2014: $4,245Net Income 2014: $458,4952014Revenue 2015: $2,256,220Expenses 2015: $22,656Net Income 2015: $2,233,5642015Revenue 2016: $105,314Expenses 2016: $180,899Net Income 2016: -$75,5852016Revenue 2017: $101,379Expenses 2017: $193,354Net Income 2017: -$91,9752017Revenue 2018: $126,227Expenses 2018: $195,403Net Income 2018: -$69,1762018Revenue 2019: $125,833Expenses 2019: $201,637Net Income 2019: -$75,8042019Revenue 2020: $144,255Expenses 2020: $203,669Net Income 2020: -$59,4142020Revenue 2021: $147,567Expenses 2021: $198,987Net Income 2021: -$51,4202021Revenue 2022: $156,432Expenses 2022: $234,856Net Income 2022: -$78,4242022Revenue 2023: $160,867Expenses 2023: $232,112Net Income 2023: -$71,2452023Revenue 2024: $159,597Expenses 2024: $244,370Net Income 2024: -$84,7732024

Highlighted filing

2014

Revenue$462,740
Expenses$4,245
Net Income$458,495
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$462,740
Mission and Program Overview

Mission

Provide subsidized rental housing to low-income disabled individuals.

Provide affordable rental housing to low-income disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$160,000$160,000→ $0
Cash and Non-Interest-Bearing Accounts-$129,284-
Savings and Temporary Cash Investments$10,000$79,610▲ $69,610
Intangible Assets$4,890$24,624▲ $19,734
Prepaid Expenses and Deferred Charges-$2,425-
Total Assets$201,147$722,542▲ $521,395
Other Assets Total$26,257$326,599▲ $300,342
Liabilities
Accounts Payable and Accrued Expenses$188,847$251,747▲ $62,900
Total Liabilities$188,847$251,747▲ $62,900
Net Assets / Fund Balance
Unrestricted Net Assets$2,300$331,511▲ $329,211
Temporarily Rstr Net Assets$10,000$139,284▲ $129,284
Total Net Assets Fund Balance$12,300$470,795▲ $458,495
Total Liabilities and Net Assets / Fund Balance$201,147$722,542▲ $521,395

Asset Categories

AssetBook ValueDepreciationBasis
Land$160,000-$160,000
Other Assets Org$326,599--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Joshua D SwordSecretary-tr-$122,565$122,565
Kenneth M PerduePresident-$98,542$98,542
Donald R SavageVice-presidePT$81,189$81,189

Board Members and Trustees

NameTitle
Christine CampbellDirector
Chuck MillerDirector
Dan DoyleDirector
Daniel J PolingDirector
Dave EfawDirector
Elaine HarrisDirector
Gary TillisDirector
Joe CarterDirector
Kathy MccormickDirector
Mike CaputoDirector
Randy MooreDirector
Robert BrownDirector
Tommy PlymaleDirector
Vernon SwisherDirector
Mike MatthewsCommunity Re
Revenue and Support

Revenue Composition

Contributions and Grants
$462,740
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$458,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,245
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
Insurance-$1,794-$1,794
Other Expenses-$1,189-$1,189
Fees for Services Accounting-$1,035-$1,035
Office Expenses-$227-$227
Total Functional Expenses$0$4,245$0$4,245
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The corporation's activities are managed by human resource development & employment, inc., an organization exempt from taxation under i.r.c. Section 501(c)(3) and related to the corporation through common control (see schedule r). The management agent provides bookkeeping assistance; prepares periodic financial reports; monitors cash collections; and controls disbursements.

Form 990, Page 6, Part VI, Line 6

The organization's members are comprised of its board of directors and other persons interested in the purpose of the corporation who have made application to and been approved by the board of directors.

Form 990, Page 6, Part VI, Line 7A

The members meet every four years to elect the board of directors and transact such other business as may properly come before them.

Form 990, Page 6, Part VI, Line 11B

The organization's president and/or secretary-treasurer reviews the return with the independent accountant for completeness and accuracy when it is presented for signature. The officer(s) inform the executive board at its next meeting that the return has been filed; a public inspection copy has been made available in the organization's main office; and a copy has been posted to the organization's private secure web-portal for board members. The officer(s) will also typically discuss with the board any significant changes or observations that come from the return preparation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and form 990 are available for inspection in the management agent's main office during normal business hours. Advance notice is requested.

Filing and Contact Details

Filer

EIN
45-4965095
Phone
3042968223

Signing Officer

Name
Joshua D Sword
Title
Secretary-treasurer
Phone
3042968223
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth M Perdue
Formed
2012
Legal Domicile
Wv
Voting Board Members
17
Independent Board Members
15
Employees
0

Preparer

Preparer
John D Blair Jr
Phone
3043434603
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IRS990/OtherAssetsTotalGrp/EOYAmt0326599
IRS990/OtherExpensesGrp/Desc0OTHER ADMINISTRATIVE EXP
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IRS990/OtherExpensesGrp/TotalAmt01189
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02425
IRS990/PrincipalOfficerNm0KENNETH M PERDUE
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IRS990/PYContributionsGrantsAmt012300
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0326599
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0160000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0326599
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S ACTIVITIES ARE MANAGED BY HUMAN RESOURCE DEVELOPMENT & EMPLOYMENT, INC., AN ORGANIZATION EXEMPT FROM TAXATION UNDER I.R.C. SECTION 501(C)(3) AND RELATED TO THE CORPORATION THROUGH COMMON CONTROL (SEE SCHEDULE R). THE MANAGEMENT AGENT PROVIDES BOOKKEEPING ASSISTANCE; PREPARES PERIODIC FINANCIAL REPORTS; MONITORS CASH COLLECTIONS; AND CONTROLS DISBURSEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS ARE COMPRISED OF ITS BOARD OF DIRECTORS AND OTHER PERSONS INTERESTED IN THE PURPOSE OF THE CORPORATION WHO HAVE MADE APPLICATION TO AND BEEN APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS MEET EVERY FOUR YEARS TO ELECT THE BOARD OF DIRECTORS AND TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S PRESIDENT AND/OR SECRETARY-TREASURER REVIEWS THE RETURN WITH THE INDEPENDENT ACCOUNTANT FOR COMPLETENESS AND ACCURACY WHEN IT IS PRESENTED FOR SIGNATURE. THE OFFICER(S) INFORM THE EXECUTIVE BOARD AT ITS NEXT MEETING THAT THE RETURN HAS BEEN FILED; A PUBLIC INSPECTION COPY HAS BEEN MADE AVAILABLE IN THE ORGANIZATION'S MAIN OFFICE; AND A COPY HAS BEEN POSTED TO THE ORGANIZATION'S PRIVATE SECURE WEB-PORTAL FOR BOARD MEMBERS. THE OFFICER(S) WILL ALSO TYPICALLY DISCUSS WITH THE BOARD ANY SIGNIFICANT CHANGES OR OBSERVATIONS THAT COME FROM THE RETURN PREPARATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE FOR INSPECTION IN THE MANAGEMENT AGENT'S MAIN OFFICE DURING NORMAL BUSINESS HOURS. ADVANCE NOTICE IS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0205392565
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INSUR AGY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10UNITY INSURANCE GROUP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine10501 LEON SULLIVAN WAY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0CHARLESTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0WV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode025301
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0261948100
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0HUD HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine10UNITY HOUSING APARTMENTS LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine101644 MILEGROUND
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/City0MORGANTOWN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/State0WV
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCode026505
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10HUMAN RESOURCE DEVELOP FOUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11HUMAN RESOURCE DEVEL & EMPLYMT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine12CABELL-HUNTINGTON UNITY APART INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine13CROSS LANES UNITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine14EASTVIEW UNITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine15FAYETTE HILLS UNITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine16GIHON UNITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine17HIGHVIEW UNITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine18LINCOLN UNITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine19MARION UNITY APARTMENTS INC

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