Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
EIN 52-1068302 • 501(c)3 • Kensington, MD
Profile
The organization operates a 112 residential rental units complex for low-incomeresidents.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Down$1,813,312
Down $43,580 (-2.3%) from 2023
Liabilities
Up$1,124,207
Up $333,719 (+42%) from 2023
Net Assets
Down$689,105
Down $377,299 (-35%) from 2023
Revenue
Down$26,828
Down $233,585 (-90%) from 2023
Expenses
Up$404,127
Up $3,488 (+0.9%) from 2023
Net Income
Down-$377,299
Down $237,073 (-169%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The organization operates a 112 residential rental units complex for low-incomeresidents.
The corporation provides housing for low-income housing families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $757,889 | $687,480 | ▼ $70,409 |
| Accounts Receivable | $46,782 | $46,782 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $5,202 | $5,203 | ▲ $1 |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $1,856,892 | $1,813,312 | ▼ $43,580 |
| Other Assets Total | $1,047,019 | $1,073,847 | ▲ $26,828 |
| Liabilities | |||
| Other Liabilities | $576,059 | $910,939 | ▲ $334,880 |
| Mortgage Notes Payable Secured by Investment Property | $196,957 | $196,957 | → $0 |
| Accounts Payable and Accrued Expenses | $13,954 | $12,450 | ▼ $1,504 |
| Deferred Revenue | $3,518 | $3,861 | ▲ $343 |
| Total Liabilities | $790,488 | $1,124,207 | ▲ $333,719 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,066,404 | $689,105 | ▼ $377,299 |
| Total Net Assets Fund Balance | $1,066,404 | $689,105 | ▼ $377,299 |
| Total Liabilities and Net Assets / Fund Balance | $1,856,892 | $1,813,312 | ▼ $43,580 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $518,434 | $4,619,778 | $5,138,212 |
| Equipment | $113,046 | $611,760 | $724,806 |
| Land | $56,000 | - | $56,000 |
| Other Land Buildings | $0 | $1,406 | $1,406 |
| Other Assets Org | $400,387 | - | - |
| Name | Title |
|---|---|
| ROY O'PRIEST | Chair |
| Robin Salomon | Chair Pro Tem |
| Jeff Merkiowitz | Vice Chair |
| Linda Croom | Commissioner |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Condoor Security Consulting INC | Security Contract Services | 10000 VIRGINIA MANOR RD STE 350, Beltsville, MD 20705 | $138,653 |
| Line Item | Amount |
|---|---|
| Other Expenses | $400,013 |
| Salaries, Compensation, and Employee Benefits | $4,114 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $165,479 | - | - | $165,479 |
| Depreciation Depletion | $70,430 | - | - | $70,430 |
| Other Expenses | $5,511 | - | - | $5,511 |
| Other Salaries and Wages | $2,872 | - | - | $2,872 |
| Office Expenses | $1,428 | $382 | - | $1,810 |
| Travel | $1,695 | - | - | $1,695 |
| Other Employee Benefits | $867 | - | - | $867 |
| Insurance | $521 | - | - | $521 |
| Fees for Services Accounting | - | $500 | - | $500 |
| Payroll Taxes | $207 | - | - | $207 |
| Pension Plan Contributions | $168 | - | - | $168 |
| Information Technology | $88 | - | - | $88 |
| Total Functional Expenses | $403,245 | $882 | $0 | $404,127 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Loss Loan Payable-affiliate | $899,334 |
| Tenant Security Deposits | $11,605 |
“The board of directors of town center is the governing body for town center apartments. Inc. The board entered into a management agreement with the housing opportuntities commission of montgomery county, maryland (hoc) whereby it was agreed that hoc is responsible for maintaining the books and records of the company and for reporting requirements including the filing of all tax returns. After the tax returns are prepared by an independent auditor and the returns are reviewed by hoc staff, hoc's executive director approves and signs it.”
“Town center apartments does not have a ceo, executives, top management officials or staff employees. Additionally, its board serves without compensation.”
“These documents are available upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 13954 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 12450 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 46782 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 46782 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE CORPORATION PROVIDES HOUSING FOR LOW-INCOME HOUSING FAMILIES. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CHELSEA ANDREWS ED OF HOC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2407739000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10400 DETRICK AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | KENSINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20895 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 5202 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5203 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 138653 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 10000 VIRGINIA MANOR RD STE 350 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | BELTSVILLE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 20705 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CONDOOR SECURITY CONSULTING INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | SECURITY CONTRACT SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 26828 |
| IRS990/CYOtherExpensesAmt | 0 | 400013 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -377299 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 4114 |
| IRS990/CYTotalExpensesAmt | 0 | 404127 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 26828 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 3518 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3861 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 70430 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 70430 |
| IRS990/Desc | 0 | THE ORGANIZATION OWNS A 112 UNIT RESIDENTIAL LOW-INCOME APARTMENT COMPLEX AT 90 MONROE STREET, ROCKVILLE, MD. THE SPONSOR THE HOUSING OPPORTUNITIES COMMISSION OF MONTGOMERY COUNTY, MARYLAND ("HOC"), THE PHA, HAS CLOSED THE COMPLEX DUE TO AGING AND SAFETY CONCERNS.THE TENANTS HAVE BEEN RELOCATED TO A NEW 150 UNIT MIXED-USE, MIXED-INCOME AFFORDABLE SENIOR APARTMENT COMPLEX LOCATED AROUND THE CORNER AT 2 HELEN HENAGHAN WAY, ROCKVILLE, MD. IT IS THE INTENTION OF HOC TO SELL THE ORGANIZATION'S APARTMENT COMPLEX. IN THE SHORT RUN, THEASSET MY BE USED TEMPORARILY TO RELOCATE TENANTS WHILE OTHER PROPERTIES ARE BEING RENOVATED. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 403245 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 500 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROY O'PRIEST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBIN SALOMON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JEFF MERKIOWITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LINDA CROOM |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR PRO TEM |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | COMMISSIONER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1976 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 26828 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 88 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 88 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 521 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 521 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 26828 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 26828 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5232944 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 757889 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 687480 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5920424 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION OPERATES A 112 RESIDENTIAL RENTAL UNITS COMPLEX FOR LOW-INCOME RESIDENTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 196957 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 196957 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1066404 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 689105 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1066404 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 689105 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 165479 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 165479 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 382 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1428 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1810 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1047019 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1073847 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 867 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 867 |
| IRS990/OtherExpensesGrp/Desc | 0 | MAINTENANCE CONTRACTS |
| IRS990/OtherExpensesGrp/Desc | 1 | MISC OPERATING EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 153979 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5511 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 153979 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5511 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 576059 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 910939 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2872 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2872 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 207 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 207 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 168 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 168 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | CHELSEA ANDREWS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 45 |
| IRS990/PYOtherExpensesAmt | 0 | 345511 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 260368 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -140226 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 55128 |
| IRS990/PYTotalExpensesAmt | 0 | 400639 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 260413 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -377299 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 757757 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 379032 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 359495 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1496284 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 26828 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 45 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 42 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 26931 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 260318 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 245626 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1242455 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 896853 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2645252 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 26828 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 45 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 42 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 26931 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00650 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99350 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4141536 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 260318 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1003383 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1621487 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1256348 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4141536 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 26828 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 260363 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1003391 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1621495 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1256390 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 4168467 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 518434 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4619778 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5138212 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 113046 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 611760 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 724806 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 56000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 56000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 76387 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 76622 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 520451 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 400387 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | MORTGAGE ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | RESERVE FOR REPLACEMENTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | RESIDUAL RECEIPTS RESERVE |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1406 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1406 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11605 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 899334 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | OPERATING LOSS LOAN PAYABLE-AFFILIATE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 687480 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1073847 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 910939 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD OF DIRECTORS OF TOWN CENTER IS THE GOVERNING BODY FOR TOWN CENTER APARTMENTS. INC. THE BOARD ENTERED INTO A MANAGEMENT AGREEMENT WITH THE HOUSING OPPORTUNTITIES COMMISSION OF MONTGOMERY COUNTY, MARYLAND (HOC) WHEREBY IT WAS AGREED THAT HOC IS RESPONSIBLE FOR MAINTAINING THE BOOKS AND RECORDS OF THE COMPANY AND FOR REPORTING REQUIREMENTS INCLUDING THE FILING OF ALL TAX RETURNS. AFTER THE TAX RETURNS ARE PREPARED BY AN INDEPENDENT AUDITOR AND THE RETURNS ARE REVIEWED BY HOC STAFF, HOC'S EXECUTIVE DIRECTOR APPROVES AND SIGNS IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TOWN CENTER APARTMENTS DOES NOT HAVE A CEO, EXECUTIVES, TOP MANAGEMENT OFFICIALS OR STAFF EMPLOYEES. ADDITIONALLY, ITS BOARD SERVES WITHOUT COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | HOUSING OPPORTUNITIES COMMISSION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 10400 DETRICK AVENUE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | KENSINGTON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 20895 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1856892 |
| IRS990/TotalAssetsEOYAmt | 0 | 1813312 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1856892 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1813312 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 882 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 403245 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 404127 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 790488 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1124207 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 790488 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1124207 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1066404 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 689105 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 403245 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 26828 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 26828 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 4 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1856892 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1813312 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1695 |
| IRS990/TravelGrp/TotalAmt | 0 | 1695 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 10400 DETRICK AVENUE |
| IRS990/USAddress/CityNm | 0 | KENSINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/USAddress/ZIPCd | 0 | 20895 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHELSEA ANDREWS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR, HOC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2407739000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TOWN CENTER APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TOWN |
| ReturnHeader/Filer/EIN | 0 | 521068302 |
| ReturnHeader/Filer/PhoneNum | 0 | 2407739000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10400 DETRICK AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KENSINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20895 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521186096 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RUBINO AND COMPANY CHARTERED |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6903 ROCKLEDGE DRIVE SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BETHESDA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 208171818 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3015643636 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GERALD A GOLDMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T13:18:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
No mirrored PDF or thumbnail assets are attached yet.