Civic Intelligence

Jubilee Baltimore Inc.

990 • Fiscal year 2017 • EIN 52-1222237

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 19, 2018

Organization ProfileJUBILEEBALTIMORE.ORG
25 E 20th StreetBaltimore, MD 21218

(410) 327-7373

Siviq Scores

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

Liabilities / Assets

69th percentile

0.44x

Higher debt load relative to assets than 69% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

8.47x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

3rd percentile

-91%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

28th percentile

$115,881

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

15th percentile

-4.6%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-71%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$11,292,480

Down $538,332 (-4.6%) from 2016

Net Assets

Up

$6,324,631

Up $1,295,620 (+26%) from 2016

Liabilities

Down

$4,967,849

Down $1,833,952 (-27%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin3rd percentile

Revenue

Down

$586,408

Down $1,411,066 (-71%) from 2016

Expenses

Down

$1,122,172

Down $141,606 (-11%) from 2016

Net Income

Down

-$535,764

Down $1,269,460 (-173%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2012: $3,030,502Liabilities 2012: $1,553,264Net Assets 2012: $1,477,2382012Assets 2013: $3,061,366Liabilities 2013: $1,672,050Net Assets 2013: $1,389,3162013Assets 2014: $13,226,528Liabilities 2014: $9,305,393Net Assets 2014: $3,921,1352014Assets 2015: $31,345,846Liabilities 2015: $26,318,813Net Assets 2015: $5,027,0332015Assets 2016: $11,830,812Liabilities 2016: $6,801,801Net Assets 2016: $5,029,0112016Assets 2017: $11,292,480Liabilities 2017: $4,967,849Net Assets 2017: $6,324,6312017Assets 2018: $11,453,308Liabilities 2018: $4,966,566Net Assets 2018: $6,486,7422018Assets 2019: $10,909,703Liabilities 2019: $5,035,669Net Assets 2019: $5,874,0342019Assets 2020: $9,706,406Liabilities 2020: $4,953,957Net Assets 2020: $4,752,4492020Assets 2021: $3,483,352Liabilities 2021: $5,967,739Net Assets 2021: -$2,484,3872021Assets 2022: $10,610,976Liabilities 2022: $10,259,319Net Assets 2022: $351,6572022Assets 2023: $20,717,327Liabilities 2023: $16,812,243Net Assets 2023: $3,905,0842023Assets 2024: $10,800,797Liabilities 2024: $7,458,707Net Assets 2024: $3,342,0902024

Highlighted filing

2017

Assets$11,292,480
Liabilities$4,967,849
Net Assets$6,324,631
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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

$10M$5.0M$0-$5.0MExpenses 2012: $772,1142012Expenses 2013: $808,3872013Revenue 2014: $3,098,745Expenses 2014: $566,926Net Income 2014: $2,531,8192014Revenue 2015: $2,137,419Expenses 2015: $1,031,521Net Income 2015: $1,105,8982015Revenue 2016: $1,997,474Expenses 2016: $1,263,778Net Income 2016: $733,6962016Revenue 2017: $586,408Expenses 2017: $1,122,172Net Income 2017: -$535,7642017Revenue 2018: $1,447,903Expenses 2018: $969,453Net Income 2018: $478,4502018Revenue 2019: $694,735Expenses 2019: $1,192,415Net Income 2019: -$497,6802019Revenue 2020: $556,066Expenses 2020: $1,188,223Net Income 2020: -$632,1572020Revenue 2021: $985,438Expenses 2021: $1,331,251Net Income 2021: -$345,8132021Revenue 2022: $7,560,511Expenses 2022: $2,218,821Net Income 2022: $5,341,6902022Revenue 2023: $1,486,860Expenses 2023: $2,162,915Net Income 2023: -$676,0552023Revenue 2024: $1,535,805Expenses 2024: $2,123,448Net Income 2024: -$587,6432024

Highlighted filing

2017

Revenue$586,408
Expenses$1,122,172
Net Income-$535,764
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 19, 2018
Return Version
2016v3.0
Gross Receipts
$586,408
Mission and Program Overview

Mission

To purchase, rehabilitate, and lease multi-family dwellings to qualified low income tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,766,008$9,562,235▼ $203,773
Land, Buildings, and Equipment, Net$759,240$727,956▼ $31,284
Cash and Non-Interest-Bearing Accounts$365,392$120,624▼ $244,768
Pledges and Grants Receivable$57,730$50,000▼ $7,730
Accounts Receivable$508$508→ $0
Investments Other Securities$-628,417$-397,622▲ $230,795
Total Assets$11,830,812$11,292,480▼ $538,332
Other Assets Total$1,510,351$1,228,779▼ $281,572
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,349,161$4,628,060▼ $1,721,101
Other Liabilities$255,981$229,497▼ $26,484
Accounts Payable and Accrued Expenses$160,173$73,806▼ $86,367
Deferred Revenue$36,486$36,486→ $0
Total Liabilities$6,801,801$4,967,849▼ $1,833,952
Net Assets / Fund Balance
Unrestricted Net Assets$5,029,011$6,324,631▲ $1,295,620
Total Net Assets Fund Balance$5,029,011$6,324,631▲ $1,295,620
Total Liabilities and Net Assets / Fund Balance$11,830,812$11,292,480▼ $538,332

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$720,362$208,191$928,553
Other Land Buildings$7,594$18,706$26,300
Other Assets Org$537,292--
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles B Duff JrExec DirectorFT$91,881$24,000$115,881
Talya Hord ConstableAssistant SecretaryFT$50,371$6,720$57,091

Board Members and Trustees

NameTitle
Kenneth a Bourne JrChairman & Treasurer
J Joseph ClarkeVice President
Adrian HarpoolDirector
Dennis RichterDirector
Edward M HordDirector
Ernst ValeryDirector
Jon ManekinDirector
Kevin DavidsonDirector
Maureen FlynnDirector
Neal FriedlanderDirector
Richard ManekinDirector
Tracy ClarkDirector
Melissa WarlowSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$280,437
Program Service Revenue
$157,112
Investment Income
$95,336
Other Revenue
$53,523
All Other Contributions
$255,163
Change in Net Assets
$-535,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$701,055
Salaries, Compensation, and Employee Benefits$421,117
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$251,309--$251,309
Other Salaries and Wages$189,476--$189,476
Current Officers, Directors, Trustees, and Key Employees$86,911$86,061-$172,972
Occupancy$8,821$40,087-$48,908
Depreciation Depletion$35,840--$35,840
Other Employee Benefits$23,583$7,343-$30,926
Fees for Services Accounting-$28,091-$28,091
Payroll Taxes$21,156$6,587-$27,743
Fees for Services Legal$22,881--$22,881
Office Expenses-$21,431-$21,431
All Other Expenses$12,471$8,441-$20,912
Insurance$9,944--$9,944
Other Expenses$9,552$7,155-$9,552
Total Functional Expenses$916,976$205,196$0$1,122,172
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
Due to Related Party$225,769
Security Deposits$3,728
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The organization has a committee to review and approve the draft tax return. The committee compares the final tax return with the audited financial statements to determine if the return looks reasonable. Once approved, the tax return is signed and filed with the internal revenue service.”

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

“The organization reviews it's conflict of interest policy every year and requires every employee to review and sign the policy. The organization's management monitors transactions during the year determining if there are any potential conflicts of interest taking place.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 990 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflicts of interest policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Jubilee Baltimore Inc
EIN
52-1222237
Phone
4103277373
Address
25 E 20TH STREET, BALTIMORE, MD 21218

Signing Officer

Name
Charles B Duff Jr
Title
Executive Director
Phone
4103277373
Signed
2018-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles B Duff Jr
Formed
1980
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
13
Employees
5
Volunteers
0

Preparer

Firm
Grandizio Wilkins Little & Matthews
Address
1122 KENILWORTH DRIVE SUITE 413, TOWSON, MD 21204
Preparer
Henry a Grandizio
Phone
4104940885
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The committee's process for oversight of the audit of its financial statements and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization's evaluation on june 30, 2017, revealed no uncertain tax positions that would have a material impact on the consolidated financial statements. The 2013 through 2015 tax years remain subject to examination by the irs. The organization does not believe that any reasonably possible changes will occur within the next twelve (12) months that will have a material impact on the consolidated financial statements.”

Raw XML AppendixShowing 400 of 755 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0160173
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt073806
IRS990/AccountsReceivableGrp/BOYAmt0508
IRS990/AccountsReceivableGrp/EOYAmt0508
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PURCHASE, REHABILITATE, AND LEASE MULTI-FAMILY DWELLINGS TO QUALIFIED LOW INCOME TENANTS.
IRS990/AllOtherContributionsAmt0255163
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08441
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012471
IRS990/AllOtherExpensesGrp/TotalAmt020912
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUBILEE BALTIMORE INC
IRS990/BooksInCareOfDetail/PhoneNum04103277373
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025 E 20TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021218
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0365392
IRS990/CashNonInterestBearingGrp/EOYAmt0120624
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt086061
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt086911
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0172972
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0280437
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt095336
IRS990/CYOtherExpensesAmt0701055
IRS990/CYOtherRevenueAmt053523
IRS990/CYProgramServiceRevenueAmt0157112
IRS990/CYRevenuesLessExpensesAmt0-535764
IRS990/CYSalariesCompEmpBnftPaidAmt0421117
IRS990/CYTotalExpensesAmt01122172
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0586408
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt036486
IRS990/DeferredRevenueGrp/EOYAmt036486
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt035840
IRS990/DepreciationDepletionGrp/TotalAmt035840
IRS990/Desc0HOUSING PROGRAM - DEVELOP AFFORDABLE HOUSING IN THE SOUTHEAST BALTIMORE COMMUNITY; ASSIST LOW INCOME MEMBERS OF THE COMMUNITY IDENTIFY HOUSING ALTERNATIVES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0916976
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt028091
IRS990/FeesForServicesAccountingGrp/TotalAmt028091
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt022881
IRS990/FeesForServicesLegalGrp/TotalAmt022881
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1324000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt146720
IRS990/Form990PartVIISectionAGrp/PersonNm0KENNETH A BOURNE JR
IRS990/Form990PartVIISectionAGrp/PersonNm1J JOSEPH CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWARD M HORD
IRS990/Form990PartVIISectionAGrp/PersonNm3MAUREEN FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD MANEKIN
IRS990/Form990PartVIISectionAGrp/PersonNm5MELISSA WARLOW
IRS990/Form990PartVIISectionAGrp/PersonNm6TRACY CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN DAVIDSON
IRS990/Form990PartVIISectionAGrp/PersonNm8NEAL FRIEDLANDER
IRS990/Form990PartVIISectionAGrp/PersonNm9ADRIAN HARPOOL
IRS990/Form990PartVIISectionAGrp/PersonNm10JON MANEKIN
IRS990/Form990PartVIISectionAGrp/PersonNm11DENNIS RICHTER
IRS990/Form990PartVIISectionAGrp/PersonNm12ERNST VALERY
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLES B DUFF JR
IRS990/Form990PartVIISectionAGrp/PersonNm14TALYA HORD CONSTABLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1391881
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1450371
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt025274
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0586408
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09944
IRS990/InsuranceGrp/TotalAmt09944
IRS990/InterestGrp/ProgramServicesAmt0251309
IRS990/InterestGrp/TotalAmt0251309
IRS990/InvestmentIncomeGrp/ExclusionAmt095336
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt095336
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0-628417
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0-397622
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0226897
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0759240
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0727956
IRS990/LandBldgEquipCostOrOtherBssAmt0954853
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PURCHASE, REHABILITATE, AND LEASE MULTI-FAMILY DWELLINGS TO QUALIFIED LOW INCOME TENANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06349161
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04628060
IRS990/NetAssetsOrFundBalancesBOYAmt05029011
IRS990/NetAssetsOrFundBalancesEOYAmt06324631
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01831384
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt040087
IRS990/OccupancyGrp/ProgramServicesAmt08821
IRS990/OccupancyGrp/TotalAmt048908
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021431
IRS990/OfficeExpensesGrp/TotalAmt021431
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01510351
IRS990/OtherAssetsTotalGrp/EOYAmt01228779
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07343
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023583
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030926
IRS990/OtherExpensesGrp/Desc0FORGIVENESS OF DEBT
IRS990/OtherExpensesGrp/Desc1PROJECT COSTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07155
IRS990/OtherExpensesGrp/ProgramServicesAmt0197023
IRS990/OtherExpensesGrp/ProgramServicesAmt144941
IRS990/OtherExpensesGrp/ProgramServicesAmt23068
IRS990/OtherExpensesGrp/ProgramServicesAmt39552
IRS990/OtherExpensesGrp/TotalAmt0197023
IRS990/OtherExpensesGrp/TotalAmt144941
IRS990/OtherExpensesGrp/TotalAmt210223
IRS990/OtherExpensesGrp/TotalAmt39552
IRS990/OtherLiabilitiesGrp/BOYAmt0255981
IRS990/OtherLiabilitiesGrp/EOYAmt0229497
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt053523
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt053523
IRS990/OtherRevenueTotalAmt053523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0189476
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189476
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09766008
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09562235
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06587
IRS990/PayrollTaxesGrp/ProgramServicesAmt021156
IRS990/PayrollTaxesGrp/TotalAmt027743
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt057730
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES B DUFF JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER'S FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt074405
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142711
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt239996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt239996
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0400983
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0239000
IRS990/PYInvestmentIncomeAmt0241170
IRS990/PYOtherExpensesAmt0624657
IRS990/PYOtherRevenueAmt0466558
IRS990/PYProgramServiceRevenueAmt0888763
IRS990/PYRevenuesLessExpensesAmt0733696
IRS990/PYSalariesCompEmpBnftPaidAmt0400121
IRS990/PYTotalExpensesAmt01263778
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01997474
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-535764
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0210635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0280437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0400983
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01230897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01206848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0499545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03618710
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt095336
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0241170
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0336506
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03588066
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86160
IRS990ScheduleA/PublicSupportPY170Pct00.91700
IRS990ScheduleA/PublicSupportTotal170Amt03407818
IRS990ScheduleA/SubstantialContributorsTotAmt0210892
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0280437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0400983
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01230897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01206848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0499545
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03618710
IRS990ScheduleA/TotalSupportAmt03955216
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0720362
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0208191
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0928553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt050529
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1190482
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2200912
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3139448
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4286
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt543370
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt642636
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt723824
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt8537292
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPMENT PROPERTY AND COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM OTHERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSULTING FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4REAL ESTATE TAX ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DEFERRED LOAN COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6DEVELOPERS FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8MORTGAGE ESCROW DEPOSITS AND FUNDED RESERVES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07594
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018706
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03728
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1225769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S EVALUATION ON JUNE 30, 2017, REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THE 2013 THROUGH 2015 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE ORGANIZATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE (12) MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0727956
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01228779
IRS990ScheduleD/TotalLiabilityAmt0229497
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A COMMITTEE TO REVIEW AND APPROVE THE DRAFT TAX RETURN. THE COMMITTEE COMPARES THE FINAL TAX RETURN WITH THE AUDITED FINANCIAL STATEMENTS TO DETERMINE IF THE RETURN LOOKS REASONABLE. ONCE APPROVED, THE TAX RETURN IS SIGNED AND FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS IT'S CONFLICT OF INTEREST POLICY EVERY YEAR AND REQUIRES EVERY EMPLOYEE TO REVIEW AND SIGN THE POLICY. THE ORGANIZATION'S MANAGEMENT MONITORS TRANSACTIONS DURING THE YEAR DETERMINING IF THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST TAKING PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,292,480
Liabilities
$4,967,849
Net assets
$6,324,631
Revenue
$586,408
Expenses
$1,122,172
Net income
-$535,764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.8$7.46$3.34$1.54$2.12$0.59
2023Detailed filing. Detailed filing data is available for this year.$20.7$16.8$3.91$1.49$2.16$0.68
2022Detailed filing. Detailed filing data is available for this year.$10.6$10.3$0.35$7.56$2.22$5.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$5.97$2.48$0.99$1.33$0.35
2020Detailed filing. Detailed filing data is available for this year.$9.71$4.95$4.75$0.56$1.19$0.63
2019Detailed filing. Detailed filing data is available for this year.$10.9$5.04$5.87$0.69$1.19$0.50
2018Detailed filing. Detailed filing data is available for this year.$11.5$4.97$6.49$1.45$0.97$0.48
2017Detailed filing. Detailed filing data is available for this year.$11.3$4.97$6.32$0.59$1.12$0.54
2016Detailed filing. Detailed filing data is available for this year.$11.8$6.80$5.03$2.00$1.26$0.73
2015Detailed filing. Detailed filing data is available for this year.$31.3$26.3$5.03$2.14$1.03$1.11
2014Detailed filing. Detailed filing data is available for this year.$13.2$9.31$3.92$3.10$0.57$2.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$1.67$1.39$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.55$1.48$0.77