Civic Intelligence

Stewart Park Housing Development Fund Company Inc

990 • Fiscal year 2018 • EIN 51-0180570

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 31, 2018

Organization ProfileN/A
101 Columbia StreetCorning, NY 14830

(607) 937-5361

Siviq Scores

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

Liabilities / Assets

15th percentile

0.02x

Higher debt load relative to assets than 15% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

11th percentile

0.05x

Higher debt load relative to revenue than 11% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Net Margin

82nd percentile

16%

Higher net margin than 82% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

5.5%

Faster asset growth than 83% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

3.7%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$3,826,242

Up $199,148 (+5.5%) from 2017

Net Assets

Up

$3,753,080

Up $210,764 (+5.9%) from 2017

Liabilities

Down

$73,162

Down $11,616 (-14%) from 2017

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin82nd percentile

Revenue

Up

$1,334,041

Up $47,243 (+3.7%) from 2017

Expenses

Up

$1,123,277

Up $30,666 (+2.8%) from 2017

Net Income

Up

$210,764

Up $16,577 (+8.5%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,937,024Liabilities 2011: $923,214Net Assets 2011: $2,013,8102011Assets 2012: $2,950,539Liabilities 2012: $691,869Net Assets 2012: $2,258,6702012Assets 2013: $3,113,831Liabilities 2013: $491,153Net Assets 2013: $2,622,6782013Assets 2014: $2,998,438Liabilities 2014: $73,539Net Assets 2014: $2,924,8992014Assets 2015: $3,172,051Liabilities 2015: $54,006Net Assets 2015: $3,118,0452015Assets 2016: $3,415,668Liabilities 2016: $67,539Net Assets 2016: $3,348,1292016Assets 2017: $3,627,094Liabilities 2017: $84,778Net Assets 2017: $3,542,3162017Assets 2018: $3,826,242Liabilities 2018: $73,162Net Assets 2018: $3,753,0802018Assets 2019: $4,195,005Liabilities 2019: $152,597Net Assets 2019: $4,042,4082019Assets 2020: $4,404,465Liabilities 2020: $68,052Net Assets 2020: $4,336,4132020Assets 2021: $4,617,518Liabilities 2021: $73,712Net Assets 2021: $4,543,8062021Assets 2022: $5,007,883Liabilities 2022: $194,941Net Assets 2022: $4,812,9422022Assets 2023: $5,228,812Liabilities 2023: $254,161Net Assets 2023: $4,974,6512023Assets 2024: $5,346,097Liabilities 2024: $75,212Net Assets 2024: $5,270,8852024Assets 2025: $5,882,042Liabilities 2025: $292,380Net Assets 2025: $5,589,6622025

Highlighted filing

2018

Assets$3,826,242
Liabilities$73,162
Net Assets$3,753,080
Open 2018 Filing

Operations Trend

Revenue Growth62nd percentile

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

$2.0M$1.5M$1.0M$500K$0Revenue 2011: $1,187,960Expenses 2011: $968,072Net Income 2011: $219,8882011Expenses 2012: $950,3082012Expenses 2013: $851,9682013Revenue 2014: $1,238,070Expenses 2014: $935,849Net Income 2014: $302,2212014Revenue 2015: $1,248,424Expenses 2015: $1,055,278Net Income 2015: $193,1462015Revenue 2016: $1,277,751Expenses 2016: $1,047,667Net Income 2016: $230,0842016Revenue 2017: $1,286,798Expenses 2017: $1,092,611Net Income 2017: $194,1872017Revenue 2018: $1,334,041Expenses 2018: $1,123,277Net Income 2018: $210,7642018Revenue 2019: $1,340,260Expenses 2019: $1,050,932Net Income 2019: $289,3282019Revenue 2020: $1,391,871Expenses 2020: $1,097,866Net Income 2020: $294,0052020Revenue 2021: $1,454,853Expenses 2021: $1,247,460Net Income 2021: $207,3932021Revenue 2022: $1,554,262Expenses 2022: $1,285,126Net Income 2022: $269,1362022Revenue 2023: $1,517,720Expenses 2023: $1,356,011Net Income 2023: $161,7092023Revenue 2024: $1,682,196Expenses 2024: $1,385,962Net Income 2024: $296,2342024Revenue 2025: $1,805,653Expenses 2025: $1,486,876Net Income 2025: $318,7772025

Highlighted filing

2018

Revenue$1,334,041
Expenses$1,123,277
Net Income$210,764
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 31, 2018
Return Version
2017v2.3
Gross Receipts
$1,334,041
Mission and Program Overview

Mission

To provide safe and affordable housing for low-income individuals and families who qualify under federal guidelines.

To provide safe and affordable housing for low-income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,892,892$1,781,342▼ $111,550
Savings and Temporary Cash Investments$221,045$221,265▲ $220
Cash and Non-Interest-Bearing Accounts$64,613$54,504▼ $10,109
Prepaid Expenses and Deferred Charges$99,971$28,466▼ $71,505
Accounts Receivable$6,208$12,468▲ $6,260
Total Assets$3,627,094$3,826,242▲ $199,148
Other Assets Total$1,342,365$1,728,197▲ $385,832
Liabilities
Accounts Payable and Accrued Expenses$49,926$35,829▼ $14,097
Other Liabilities$27,454$31,830▲ $4,376
Deferred Revenue$7,398$5,503▼ $1,895
Total Liabilities$84,778$73,162▼ $11,616
Net Assets / Fund Balance
Unrestricted Net Assets$3,542,316$3,753,080▲ $210,764
Temporarily Rstr Net Assets-$0-
Total Net Assets Fund Balance$3,542,316$3,753,080▲ $210,764
Total Liabilities and Net Assets / Fund Balance$3,627,094$3,826,242▲ $199,148

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,502,615$4,256,950$5,759,565
Other Land Buildings$215,000$217,312$432,312
Land$50,600-$50,600
Equipment$13,127$29,663$42,790
Other Assets Org$1,563,943--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Rev Troy PrestonPresident
David SmithVice President
Doris RoyDirector
Jessica HoodDirector
John PeckDirector
Rev Charles TyoDirector
Rev Kit TobinDirector
Steve MonroeDirector
Thomas HartDirector
Sara AltmansbergerSecretary
Daniel MinsterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$862,570
Program Service Revenue
$466,314
Investment Income
$5,157
Other Revenue
$0
All Other Contributions
$14,130
Change in Net Assets
$210,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,334,041
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,334,041
Total Revenue per Form 990
$1,334,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$859,216
Salaries, Compensation, and Employee Benefits$264,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,692$45,977-$184,669
Occupancy$169,394--$169,394
Depreciation Depletion$165,353--$165,353
Insurance$89,778--$89,778
Fees for Services Management-$83,304-$83,304
Other Employee Benefits$49,887$16,629-$66,516
Office Expenses$25,537$12,902-$38,439
Payroll Taxes$9,657$3,219-$12,876
Fees for Services Other-$12,650-$12,650
Fees for Services Accounting-$10,500-$10,500
Fees for Services Legal-$9,205-$9,205
Advertising$1,045--$1,045
Other Expenses$278--$278
Total Functional Expenses$928,891$194,386$0$1,123,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,123,277
Total Expenses per Audited Statements$1,123,277
Total Expenses per Form 990$1,123,277
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 Deposits$27,110
Accrued Wages$4,720
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section A, Line 3

“The entity has contracted with edc management inc., the managing agent, to provide management servcies for a fee of 6.5% of gross collections which amounted to $83,304.”

Form 990, Part VI, Section A, Line 8B

“The organization only has a board of directors with no sub-committees.”

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

“Form 990 provided to wayne fairbanks for review prior to being presented at the monthly board of directors meeting.”

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

“Board members sign annual statements.”

Form 990, Part VI, Section C, Line 19

“Copies provided upon request.”

Filing and Contact Details

Filer

Filer Name
Stewart Park Housing Development
EIN
51-0180570
Phone
6079375361
Address
101 COLUMBIA STREET, CORNING, NY 14830

Signing Officer

Name
Rev Troy Preston
Title
President
Phone
6079375361
Signed
2018-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Troy Preston
Formed
1971
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
333 EAST WATER ST STE 200, ELMIRA, NY 14901
Preparer
Katherine E Stickler CPA
Phone
6077344183
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors selects the independent accountant and oversees audit work performed. This process has not changed.”

Form 990, Part IV, Lines 7-10

“Salaries and related costs are included in part ix even though part v item 2a indicates zero employees. The organization's personnel are employees of the managing agent and the salaries, payroll taxes and benefits are billed by the managing agent to the organization. The organization has reported these amounts in part ix lines 7-10.”

Financial Statement Notes

PART X, LINE 2:

“The company is exempt from federal and state income taxes under internal revenue code section 501(c)(3) and applicable state tax regulations. The organization files form 990 tax returns in the u.s. Federal jurisdiction. With few exceptions, as of june 30, 2018, the organization is no longer subject to u.s. Federal examinations by tax authorities for years ended prior to june 30, 2015. The tax returns for the years ended june 30, 2015 through june 30, 2018 are still subject to potential audit by the irs. Management of the organization believes it has no material uncertain tax positions and, accordingly it has not recognized any liability for unrecognized tax benefits.”

Raw XML AppendixShowing 400 of 458 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.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt066516
IRS990/OtherExpensesGrp/Desc0PROPERTY TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS PROGRAM
IRS990/OtherExpensesGrp/Desc3SNOW REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0197688
IRS990/OtherExpensesGrp/ProgramServicesAmt172398
IRS990/OtherExpensesGrp/ProgramServicesAmt29184
IRS990/OtherExpensesGrp/ProgramServicesAmt3278
IRS990/OtherExpensesGrp/TotalAmt0197688
IRS990/OtherExpensesGrp/TotalAmt172398
IRS990/OtherExpensesGrp/TotalAmt29184
IRS990/OtherExpensesGrp/TotalAmt3278
IRS990/OtherLiabilitiesGrp/BOYAmt027454
IRS990/OtherLiabilitiesGrp/EOYAmt031830
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045977
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0138692
IRS990/OtherSalariesAndWagesGrp/TotalAmt0184669
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03219
IRS990/PayrollTaxesGrp/ProgramServicesAmt09657
IRS990/PayrollTaxesGrp/TotalAmt012876
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt099971
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028466
IRS990/PrincipalOfficerNm0REV TROY PRESTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1OTHER
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0453809
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0453809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22490
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0872085
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03164
IRS990/PYOtherExpensesAmt0846348
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0411549
IRS990/PYRevenuesLessExpensesAmt0194187
IRS990/PYSalariesCompEmpBnftPaidAmt0246263
IRS990/PYTotalExpensesAmt01092611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01286798
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0210764
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01314754
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0221045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0221265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0862570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0872085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0855178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0791720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0782750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04164303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01406
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014231
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02206550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportPY170Pct00.99770
IRS990ScheduleA/PublicSupportTotal170Amt04164303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0862570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0872085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0855178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0791720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0782750
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04164303
IRS990ScheduleA/TotalSupportAmt04178534
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01502615
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04256950
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05759565
IRS990ScheduleD/EquipmentGrp/BookValueAmt013127
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042790
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01123277
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027110
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1137144
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21563943
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0215000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0217312
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0432312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01334041
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE STATE TAX REGULATIONS. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2018, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2015. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2018 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01781342
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01728197
IRS990ScheduleD/TotalExpensesPerForm990Amt01123277
IRS990ScheduleD/TotalLiabilityAmt031830
IRS990ScheduleD/TotalRevenuePerForm990Amt01334041
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01334041
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01123277
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY HAS CONTRACTED WITH EDC MANAGEMENT INC., THE MANAGING AGENT, TO PROVIDE MANAGEMENT SERVCIES FOR A FEE OF 6.5% OF GROSS COLLECTIONS WHICH AMOUNTED TO $83,304.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ONLY HAS A BOARD OF DIRECTORS WITH NO SUB-COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PROVIDED TO WAYNE FAIRBANKS FOR REVIEW PRIOR TO BEING PRESENTED AT THE MONTHLY BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS SIGN ANNUAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS SELECTS THE INDEPENDENT ACCOUNTANT AND OVERSEES AUDIT WORK PERFORMED. THIS PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SALARIES AND RELATED COSTS ARE INCLUDED IN PART IX EVEN THOUGH PART V ITEM 2A INDICATES ZERO EMPLOYEES. THE ORGANIZATION'S PERSONNEL ARE EMPLOYEES OF THE MANAGING AGENT AND THE SALARIES, PAYROLL TAXES AND BENEFITS ARE BILLED BY THE MANAGING AGENT TO THE ORGANIZATION. THE ORGANIZATION HAS REPORTED THESE AMOUNTS IN PART IX LINES 7-10.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IV, LINES 7-10
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03627094
IRS990/TotalAssetsEOYAmt03826242
IRS990/TotalAssetsGrp/BOYAmt03627094
IRS990/TotalAssetsGrp/EOYAmt03826242
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0862570
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0194386
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0928891
IRS990/TotalFunctionalExpensesGrp/TotalAmt01123277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084778
IRS990/TotalLiabilitiesEOYAmt073162
IRS990/TotalLiabilitiesGrp/BOYAmt084778
IRS990/TotalLiabilitiesGrp/EOYAmt073162
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03542316
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03753080
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0928891
IRS990/TotalProgramServiceRevenueAmt0466314
IRS990/TotalReportableCompFromOrgAmt00

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,826,242
Liabilities
$73,162
Net assets
$3,753,080
Revenue
$1,334,041
Expenses
$1,123,277
Net income
$210,764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.88$0.29$5.59$1.81$1.49$0.32
2024Detailed filing. Detailed filing data is available for this year.$5.35$0.08$5.27$1.68$1.39$0.30
2023Detailed filing. Detailed filing data is available for this year.$5.23$0.25$4.97$1.52$1.36$0.16
2022Detailed filing. Detailed filing data is available for this year.$5.01$0.19$4.81$1.55$1.29$0.27
2021Detailed filing. Detailed filing data is available for this year.$4.62$0.07$4.54$1.45$1.25$0.21
2020Detailed filing. Detailed filing data is available for this year.$4.40$0.07$4.34$1.39$1.10$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.20$0.15$4.04$1.34$1.05$0.29
2018Detailed filing. Detailed filing data is available for this year.$3.83$0.07$3.75$1.33$1.12$0.21
2017Detailed filing. Detailed filing data is available for this year.$3.63$0.08$3.54$1.29$1.09$0.19
2016Detailed filing. Detailed filing data is available for this year.$3.42$0.07$3.35$1.28$1.05$0.23
2015Detailed filing. Detailed filing data is available for this year.$3.17$0.05$3.12$1.25$1.06$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.00$0.07$2.92$1.24$0.94$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.49$2.62$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.69$2.26$0.95
2011Summary only. Only limited summary data is available for this year.$2.94$0.92$2.01$1.19$0.97$0.22