Victory Lakeside Inc

990 • Fiscal year 2015 • EIN 46-2901904

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 02, 2016

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.

0.96x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

5.82x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

13%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

$365,893

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 63.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

-0.4%

Faster asset growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

3.0%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets90th percentile

Assets

Down

$3,464,268

Down $12,860 (-0.4%) from 2014

Net Assets

$130,097

Up $74,815 (+135%) from 2014

Liabilities

Down

$3,334,171

Down $87,675 (-2.6%) from 2014

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin72nd percentile

Revenue

$572,420

Up $16,850 (+3.0%) from 2014

Expenses

Down

$497,605

Down $26,637 (-5.1%) from 2014

Net Income

$74,815

Up $43,487 (+139%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

Highlighted filing

2015

Assets$3,464,268

Liabilities$3,334,171

Net Assets$130,097

Open 2015 Filing

Operations Trend

Revenue Growth49th percentile

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

Highlighted filing

2015

Revenue$572,420

Expenses$497,605

Net Income$74,815

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Apr 2, 2016
Return Version: 2015v2.0
Gross Receipts: $572,420

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$3,260,663	$3,183,817	▼ $76,846
Cash and Non-Interest-Bearing Accounts	$64,160	$120,280	▲ $56,120
Intangible Assets	$50,488	$44,185	▼ $6,303
Prepaid Expenses and Deferred Charges	$17,054	$20,908	▲ $3,854
Accounts Receivable	$382	$745	▲ $363
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	-
Inventories for Sale or Use	-	$0	-
Total Assets	$3,477,128	$3,464,268	▼ $12,860
Other Assets Total	$84,381	$94,333	▲ $9,952
Liabilities
Mortgage Notes Payable Secured by Investment Property	$2,990,644	$2,913,366	▼ $77,278
Other Liabilities	$408,915	$386,859	▼ $22,056
Accounts Payable and Accrued Expenses	$15,654	$17,123	▲ $1,469
Deferred Revenue	$6,633	$16,823	▲ $10,190
Total Liabilities	$3,421,846	$3,334,171	▼ $87,675
Net Assets / Fund Balance
Unrestricted Net Assets	$55,282	$130,097	▲ $74,815
Total Net Assets Fund Balance	$55,282	$130,097	▲ $74,815
Total Liabilities and Net Assets / Fund Balance	$3,477,128	$3,464,268	▼ $12,860

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$2,130,086	$136,968	$2,267,054
Land	$990,000	-	$990,000
Leasehold Improvements	$37,939	$21,014	$58,953
Other Land Buildings	$18,062	$9,912	$27,974
Equipment	$7,730	$6,187	$13,917

Compensation and Service Providers

Top Officer Pay96th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
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: $572,395
Investment Income: $25
Other Revenue: $0
Change in Net Assets: $74,815

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$443,154
Salaries, Compensation, and Employee Benefits	$54,451
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Interest	$159,753	-	-	$159,753
Depreciation Depletion	$83,149	-	-	$83,149
Other Salaries and Wages	$42,109	-	-	$42,109
Fees for Services Management	-	$26,043	-	$26,043
Other Employee Benefits	$12,342	-	-	$12,342
All Other Expenses	$11,010	-	-	$11,010
Other Expenses	$6,118	-	-	$6,118
Insurance	$2,561	-	-	$2,561
Office Expenses	$1,588	-	-	$1,588
Advertising	$622	-	-	$622
Fees for Services Accounting	-	$150	-	$150
Travel	$147	-	-	$147
Total Functional Expenses	$471,412	$26,193	$0	$497,605

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
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	-	$3,541	0.00%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-97	$1,540	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$-3	$1,255	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-15	$1,141	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-55	$1,080	0.01%	Yes
Victory Terrace Lp	Rockville, MD	Real Estate	$-42	$1,059	0.01%	Yes
Covenant Village Gp	Germantown, MD	Real Estate	$-26	$949	25%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-10	$731	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	-	-	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$5,170	$2,954,621	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-97	$3,541	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-44	$2,426	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Due to Victory Housing (equity)	$349,508
Resident Security Deposits	$20,030
Victory Housing Accrued Interest	$16,175
Misc. Current Assets	$1,144
Rounding	$2

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 Lakeside Inc
EIN: 46-2901904
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: James A Brown Jr
Title: President
Signed: 2016-04-02

Organization Details

Formed: 2012
Legal Domicile: Md
Voting Board Members: 3
Independent Board Members: 3
Employees: 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/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	2990644
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	2913366
IRS990/NetAssetsOrFundBalancesBOYAmt	0	55282
IRS990/NetAssetsOrFundBalancesEOYAmt	0	130097
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	1588
IRS990/OfficeExpensesGrp/TotalAmt	0	1588
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	84381
IRS990/OtherAssetsTotalGrp/EOYAmt	0	94333
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	12342
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	12342
IRS990/OtherExpensesGrp/Desc	0	OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc	2	UTILITIES
IRS990/OtherExpensesGrp/Desc	3	MISC. ADMIN EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	95844
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	34110
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	22059
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	6118
IRS990/OtherExpensesGrp/TotalAmt	0	95844
IRS990/OtherExpensesGrp/TotalAmt	1	34110
IRS990/OtherExpensesGrp/TotalAmt	2	22059
IRS990/OtherExpensesGrp/TotalAmt	3	6118
IRS990/OtherLiabilitiesGrp/BOYAmt	0	408915
IRS990/OtherLiabilitiesGrp/EOYAmt	0	386859
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	42109
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	42109
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/TotalAmt	0	0
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	17054
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	20908
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 RENTS
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	447108
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	119198
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	6089
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	447108
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	119198
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	6089
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	4
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	423492
IRS990/PYProgramServiceRevenueAmt	0	555566
IRS990/PYRevenuesLessExpensesAmt	0	31328
IRS990/PYSalariesCompEmpBnftPaidAmt	0	100750
IRS990/PYTotalExpensesAmt	0	524242
IRS990/PYTotalRevenueAmt	0	555570
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	74815
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	374508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	374508
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	25
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	4
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	29
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	572395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	555666
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	228160
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1356221
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	25
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	4
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	29
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	1730729
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	572395
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	555666
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	602668
IRS990ScheduleA/Total509Grp/TotalAmt	0	1730729
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	572420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	555670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	602668
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1730758
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	2130086
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	136968
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	2267054
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	7730
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	6187
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	13917
IRS990ScheduleD/LandGrp/BookValueAmt	0	990000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	990000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	37939
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	21014
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	58953
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	18062
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	9912
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	27974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	349508
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	1144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	20030
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	4	16175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	DUE TO VICTORY HOUSING (EQUITY)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. CURRENT ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	4	VICTORY HOUSING ACCRUED INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	3183817
IRS990ScheduleD/TotalLiabilityAmt	0	386859
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	365893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	161929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205246
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	365893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	161929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	2	205246
IRS990ScheduleJ/SeverancePaymentInd	0	false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	false
IRS990/ScheduleORequiredInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd	0	false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	false
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	false
IRS990ScheduleR/DivRelatedOrganizationInd	0	false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	0	VICTORY ENTR
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	1	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	2	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt	3	VICTORY HSG
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	0	PARKFAIR ASSOCIATES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	1	VICTORY ENTERPRISES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	2	VICTORY-HAMPSHIRE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt	3	CCS - ST MARTINS APARTMENTS LLC

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,464,268
Liabilities: $3,334,171
Net assets: $130,097
Revenue: $572,420
Expenses: $497,605
Net income: $74,815

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.31	$2.80	$0.51	$0.73	$0.68	$0.05
2023Detailed filing. Detailed filing data is available for this year.	$3.31	$2.80	$0.51	$0.69	$0.81	$0.12
2022Detailed filing. Detailed filing data is available for this year.	$3.04	$2.42	$0.63	$0.73	$0.63	$0.10
2021Detailed filing. Detailed filing data is available for this year.	$3.04	$2.51	$0.53	$0.73	$0.64	$0.09
2020Detailed filing. Detailed filing data is available for this year.	$3.04	$2.60	$0.44	$0.66	$0.65	$0.01
2019Detailed filing. Detailed filing data is available for this year.	$3.16	$2.73	$0.43	$0.69	$0.61	$0.08
2018Detailed filing. Detailed filing data is available for this year.	$3.25	$2.90	$0.35	$0.61	$0.53	$0.09
2017Detailed filing. Detailed filing data is available for this year.	$3.31	$3.04	$0.27	$0.70	$0.62	$0.08
2016Detailed filing. Detailed filing data is available for this year.	$3.38	$3.19	$0.18	$0.58	$0.53	$0.05
2015Detailed filing. Detailed filing data is available for this year.	$3.46	$3.33	$0.13	$0.57	$0.50	$0.07
2014Detailed filing. Detailed filing data is available for this year.	$3.48	$3.42	$0.06	$0.56	$0.52	$0.03
2013Summary only. Only limited summary data is available for this year.	$3.50	$3.48	$0.02	$0.23	$0.20	$0.02