Civic Intelligence

Marywood Inc.

990 • Fiscal year 2020 • EIN 52-1225107

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 02, 2021

Organization ProfileWWW.CSMMANAGEMENT.COM
3333 Peters Creek RoadRoanoke, VA 24019

(540) 563-4565

Siviq Scores

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

Liabilities / Assets

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

1.56x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

34th percentile

0.5%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

51st percentile

1.4%

Faster revenue growth than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$3,036,060

Up $15,063 (+0.5%) from 2019

Net Assets

Up

$1,101,855

Up $177,832 (+19%) from 2019

Liabilities

Down

$1,934,205

Down $162,769 (-7.8%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin66th percentile

Revenue

Up

$1,239,676

Up $16,862 (+1.4%) from 2019

Expenses

Up

$1,061,844

Up $25,997 (+2.5%) from 2019

Net Income

Down

$177,832

Down $9,135 (-4.9%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $3,386,019Liabilities 2011: $3,511,326Net Assets 2011: -$125,3072011Assets 2012: $3,273,295Liabilities 2012: $3,369,243Net Assets 2012: -$95,9482012Assets 2013: $3,295,507Liabilities 2013: $3,291,200Net Assets 2013: $4,3072013Assets 2014: $3,276,859Liabilities 2014: $3,141,197Net Assets 2014: $135,6622014Assets 2015: $3,248,497Liabilities 2015: $2,958,813Net Assets 2015: $289,6842015Assets 2016: $3,157,126Liabilities 2016: $2,739,555Net Assets 2016: $417,5712016Assets 2017: $3,080,369Liabilities 2017: $2,493,047Net Assets 2017: $587,3222017Assets 2018: $3,006,358Liabilities 2018: $2,269,302Net Assets 2018: $737,0562018Assets 2019: $3,020,997Liabilities 2019: $2,096,974Net Assets 2019: $924,0232019Assets 2020: $3,036,060Liabilities 2020: $1,934,205Net Assets 2020: $1,101,8552020Assets 2021: $3,039,872Liabilities 2021: $1,696,357Net Assets 2021: $1,343,5152021Assets 2022: $2,978,118Liabilities 2022: $1,499,708Net Assets 2022: $1,478,4102022Assets 2023: $2,826,445Liabilities 2023: $1,219,720Net Assets 2023: $1,606,7252023Assets 2024: $2,747,557Liabilities 2024: $984,049Net Assets 2024: $1,763,5082024

Highlighted filing

2020

Assets$3,036,060
Liabilities$1,934,205
Net Assets$1,101,855
Open 2020 Filing

Operations Trend

Revenue Growth51st percentile

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

$1.5M$1.0M$500K$0Revenue 2011: $1,067,667Expenses 2011: $935,841Net Income 2011: $131,8262011Revenue 2012: $1,046,491Expenses 2012: $1,016,635Net Income 2012: $29,8562012Revenue 2013: $1,095,477Expenses 2013: $995,040Net Income 2013: $100,4372013Revenue 2014: $1,070,097Expenses 2014: $938,544Net Income 2014: $131,5532014Revenue 2015: $1,120,997Expenses 2015: $966,957Net Income 2015: $154,0402015Revenue 2016: $1,127,004Expenses 2016: $998,968Net Income 2016: $128,0362016Revenue 2017: $1,157,910Expenses 2017: $988,159Net Income 2017: $169,7512017Revenue 2018: $1,187,620Expenses 2018: $1,037,886Net Income 2018: $149,7342018Revenue 2019: $1,222,814Expenses 2019: $1,035,847Net Income 2019: $186,9672019Revenue 2020: $1,239,676Expenses 2020: $1,061,844Net Income 2020: $177,8322020Revenue 2021: $1,261,448Expenses 2021: $1,019,788Net Income 2021: $241,6602021Revenue 2022: $1,263,078Expenses 2022: $1,128,183Net Income 2022: $134,8952022Revenue 2023: $1,319,081Expenses 2023: $1,190,766Net Income 2023: $128,3152023Revenue 2024: $1,384,198Expenses 2024: $1,227,415Net Income 2024: $156,7832024

Highlighted filing

2020

Revenue$1,239,676
Expenses$1,061,844
Net Income$177,832
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 2, 2021
Return Version
2020v4.0
Gross Receipts
$1,244,622
Mission and Program Overview

Mission

To provide housing for elderly and handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,929,922$1,942,045▲ $12,123
Accounts Receivable$25,701$41,704▲ $16,003
Savings and Temporary Cash Investments$53,224$36,212▼ $17,012
Prepaid Expenses and Deferred Charges$18,516$25,782▲ $7,266
Investments Other Securities$5,583$5,604▲ $21
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$3,020,997$3,036,060▲ $15,063
Other Assets Total$987,851$984,513▼ $3,338
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,983,866$1,782,240▼ $201,626
Accounts Payable and Accrued Expenses$75,028$113,016▲ $37,988
Other Liabilities$36,437$36,748▲ $311
Deferred Revenue$1,643$2,201▲ $558
Total Liabilities$2,096,974$1,934,205▼ $162,769
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$924,023$1,101,855▲ $177,832
Total Net Assets Fund Balance$924,023$1,101,855▲ $177,832
Total Liabilities and Net Assets / Fund Balance$3,020,997$3,036,060▲ $15,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,027,567$3,352,721$4,380,288
Equipment$554,532$803,580$1,358,112
Other Land Buildings$78,147$442,341$520,488
Land$281,799-$281,799
Other Assets Org$1,867--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
M James WallacePresident
Louise HartzVice President
Amanda BuckleyBoard Member
Eric a GregoryBoard Member
Francesca J WashingtonBoard Member
Marian DolliverBoard Member
Megan BeanBoard Member
Wayne T HalbleibBoard Member
Ellen S KnerrSecretary
Frank J Stumpf JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,243,070
Investment Income
$-3,394
Other Revenue
$0
Change in Net Assets
$177,832

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,239,676
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,239,676
Total Revenue per Form 990
$1,239,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$756,992
Salaries, Compensation, and Employee Benefits$304,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,642$91,697-$246,339
Depreciation Depletion$238,925--$238,925
Fees for Services Management-$82,928-$82,928
Interest$82,136--$82,136
Occupancy$65,964--$65,964
Insurance$62,769--$62,769
Other Employee Benefits$27,690$16,419-$44,109
Office Expenses$30,679$11,895-$42,574
All Other Expenses$31,652--$31,652
Other Expenses$18,215--$18,215
Fees for Services Accounting-$16,880-$16,880
Payroll Taxes$9,042$5,362-$14,404
Advertising-$4,637-$4,637
Travel$1,110--$1,110
Fees for Services Legal-$566-$566
Total Functional Expenses$831,460$230,384$0$1,061,844

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,061,844
Total Expenses per Audited Statements$1,061,844
Total Expenses per Form 990$1,061,844
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$36,748
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 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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 corporation paid a monthly management fee equal to 6.9% of gross receipts to an independent management agent. In addition, the corporation paid the management agent a financial accounting fee equal to $7.50 per dwelling unit per month. The current management contract is automatically renewed annually unless either party elects to terminate the agreement at the end of any annual period.”

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

“It is the practice of the independent auditor to present the form 990 to the entire board of directors and to explain in detail each part of the form 990, prior to its filing. During this meeting, the board is given the opportunity to ask questions related to items presented on the form 990.”

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

“The conflict of interest policy is reviewed with the board at one of the meetings held throughout the year. Any conflicts of interest are identified and required to be disclosed immediately.”

Form 990, Part VI, Section B, Line 15

“As part of the annual budgeting process, all salaries are reviewed for reasonableness and all changes are approved by the board.”

Form 990, Part VI, Section C, Line 19

“The organization makes their conflict of interest policy and financial statements available to the public upon request. The organization does not make public its governing documents.”

Filing and Contact Details

Filer

Filer Name
Marywood Inc
EIN
52-1225107
Phone
5405634565
Address
3333 PETERS CREEK ROAD, ROANOKE, VA 24019

Signing Officer

Name
M James Wallace
Title
President
Phone
5405634565
Signed
2021-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M James Wallace
Formed
1981
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
18

Preparer

Firm
Brown Edwards & Co Llp
Address
319 MCCLANAHAN ST SW, ROANOKE, VA 24014
Preparer
John Aldridge
Phone
5403450936
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“This process has not changed form the prior year.”

Raw XML AppendixShowing 400 of 525 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/BOYAmt075028
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113016
IRS990/AccountsReceivableGrp/BOYAmt025701
IRS990/AccountsReceivableGrp/EOYAmt041704
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04637
IRS990/AdvertisingGrp/TotalAmt04637
IRS990/AllOtherExpensesGrp/ProgramServicesAmt031652
IRS990/AllOtherExpensesGrp/TotalAmt031652
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COORDINATED SERVICES MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum05405634565
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03333 PETERS CREEK RD ROANOKE VA
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROANOKE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024019
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0200
IRS990/CashNonInterestBearingGrp/EOYAmt0200
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-3394
IRS990/CYOtherExpensesAmt0756992
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01243070
IRS990/CYRevenuesLessExpensesAmt0177832
IRS990/CYSalariesCompEmpBnftPaidAmt0304852
IRS990/CYTotalExpensesAmt01061844
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01239676
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01643
IRS990/DeferredRevenueGrp/EOYAmt02201
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0238925
IRS990/DepreciationDepletionGrp/TotalAmt0238925
IRS990/Desc0TO PROVIDE HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS. MARYWOOD DOES NOT DESCRIMINATE ON THE BASIS OF RACE, SEX, RELIGION, OR NATIONAL ORIGIN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0831460
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016880
IRS990/FeesForServicesAccountingGrp/TotalAmt016880
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0566
IRS990/FeesForServicesLegalGrp/TotalAmt0566
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt082928
IRS990/FeesForServicesManagementGrp/TotalAmt082928
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
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/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/PersonNm0M JAMES WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm1LOUISE HARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK J STUMPF JR
IRS990/Form990PartVIISectionAGrp/PersonNm3MARIAN DOLLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm4WAYNE T HALBLEIB
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC A GREGORY
IRS990/Form990PartVIISectionAGrp/PersonNm6AMANDA BUCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7FRANCESCA J WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm8MEGAN BEAN
IRS990/Form990PartVIISectionAGrp/PersonNm9ELLEN S KNERR
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-4946
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01244622
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt062769
IRS990/InsuranceGrp/TotalAmt062769
IRS990/InterestGrp/ProgramServicesAmt082136
IRS990/InterestGrp/TotalAmt082136
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01552
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01552
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05583
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05604
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04598642
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01929922
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01942045
IRS990/LandBldgEquipCostOrOtherBssAmt06540687
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04946
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR ELDERLY AND HANDICAPPED INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01983866
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01782240
IRS990/NetAssetsOrFundBalancesBOYAmt0924023
IRS990/NetAssetsOrFundBalancesEOYAmt01101855
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4946
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4946
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0924023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01101855
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt065964
IRS990/OccupancyGrp/TotalAmt065964
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011895
IRS990/OfficeExpensesGrp/ProgramServicesAmt030679
IRS990/OfficeExpensesGrp/TotalAmt042574
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0987851
IRS990/OtherAssetsTotalGrp/EOYAmt0984513
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016419
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027690
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044109
IRS990/OtherExpensesGrp/Desc0GROUNDS CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIR CONTRACT
IRS990/OtherExpensesGrp/Desc2REPAIR MATERIALS
IRS990/OtherExpensesGrp/Desc3ELEVATOR MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt041089
IRS990/OtherExpensesGrp/ProgramServicesAmt140669
IRS990/OtherExpensesGrp/ProgramServicesAmt226878
IRS990/OtherExpensesGrp/ProgramServicesAmt318215
IRS990/OtherExpensesGrp/TotalAmt041089
IRS990/OtherExpensesGrp/TotalAmt140669
IRS990/OtherExpensesGrp/TotalAmt226878
IRS990/OtherExpensesGrp/TotalAmt318215
IRS990/OtherLiabilitiesGrp/BOYAmt036437
IRS990/OtherLiabilitiesGrp/EOYAmt036748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt091697
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0154642
IRS990/OtherSalariesAndWagesGrp/TotalAmt0246339
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05362
IRS990/PayrollTaxesGrp/ProgramServicesAmt09042
IRS990/PayrollTaxesGrp/TotalAmt014404
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018516
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025782
IRS990/PrincipalOfficerNm0M JAMES WALLACE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PMTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENT PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE COORDINATOR GR
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0826254
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1365546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt239461
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0826254
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1365546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt239461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311809
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02695
IRS990/PYOtherExpensesAmt0756587
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01220119
IRS990/PYRevenuesLessExpensesAmt0186967
IRS990/PYSalariesCompEmpBnftPaidAmt0279260
IRS990/PYTotalExpensesAmt01035847
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01222814
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0177832
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01239676
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053224
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036212
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0865715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0870648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0862132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0845604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0834329
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04278428
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01853
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09677
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0365546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0334375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0318943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0310135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0307421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01636420
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01239
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09677
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt011809
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015096
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07102
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06187
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08518
IRS990ScheduleA/OtherIncome509Grp/TotalAmt048712
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99020
IRS990ScheduleA/PublicSupportPY509Pct00.99040
IRS990ScheduleA/PublicSupportTotal509Amt05914848
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01231261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01205023
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01181075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01155739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01141750
IRS990ScheduleA/Total509Grp/TotalAmt05914848
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01244608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01224166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01190030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01163165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01151268
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05973237
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01027567
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03352721
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04380288
IRS990ScheduleD/EquipmentGrp/BookValueAmt0554532
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0803580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01358112
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01061844
IRS990ScheduleD/LandGrp/BookValueAmt0281799
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0281799
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt050984
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1438156
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2493506
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31867
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt078147
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0442341
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0520488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01239676
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01942045
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0984513
IRS990ScheduleD/TotalExpensesPerForm990Amt01061844
IRS990ScheduleD/TotalLiabilityAmt036748
IRS990ScheduleD/TotalRevenuePerForm990Amt01239676
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01239676
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01061844
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION PAID A MONTHLY MANAGEMENT FEE EQUAL TO 6.9% OF GROSS RECEIPTS TO AN INDEPENDENT MANAGEMENT AGENT. IN ADDITION, THE CORPORATION PAID THE MANAGEMENT AGENT A FINANCIAL ACCOUNTING FEE EQUAL TO $7.50 PER DWELLING UNIT PER MONTH. THE CURRENT MANAGEMENT CONTRACT IS AUTOMATICALLY RENEWED ANNUALLY UNLESS EITHER PARTY ELECTS TO TERMINATE THE AGREEMENT AT THE END OF ANY ANNUAL PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS THE PRACTICE OF THE INDEPENDENT AUDITOR TO PRESENT THE FORM 990 TO THE ENTIRE BOARD OF DIRECTORS AND TO EXPLAIN IN DETAIL EACH PART OF THE FORM 990, PRIOR TO ITS FILING. DURING THIS MEETING, THE BOARD IS GIVEN THE OPPORTUNITY TO ASK QUESTIONS RELATED TO ITEMS PRESENTED ON THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD AT ONE OF THE MEETINGS HELD THROUGHOUT THE YEAR. ANY CONFLICTS OF INTEREST ARE IDENTIFIED AND REQUIRED TO BE DISCLOSED IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS PART OF THE ANNUAL BUDGETING PROCESS, ALL SALARIES ARE REVIEWED FOR REASONABLENESS AND ALL CHANGES ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THEIR CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE PUBLIC ITS GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,036,060
Liabilities
$1,934,205
Net assets
$1,101,855
Revenue
$1,239,676
Expenses
$1,061,844
Net income
$177,832
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.98$1.76$1.38$1.23$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.22$1.61$1.32$1.19$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$1.50$1.48$1.26$1.13$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$1.70$1.34$1.26$1.02$0.24
2020Detailed filing. Detailed filing data is available for this year.$3.04$1.93$1.10$1.24$1.06$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.02$2.10$0.92$1.22$1.04$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$2.27$0.74$1.19$1.04$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$2.49$0.59$1.16$0.99$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$2.74$0.42$1.13$1.00$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.25$2.96$0.29$1.12$0.97$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.28$3.14$0.14$1.07$0.94$0.13
2013Summary only. Only limited summary data is available for this year.$3.30$3.29$0.00$1.10$1.00$0.10
2012Summary only. Only limited summary data is available for this year.$3.27$3.37$0.10$1.05$1.02$0.03
2011Summary only. Only limited summary data is available for this year.$3.39$3.51$0.13$1.07$0.94$0.13