Civic Intelligence

Victory Housing Inc.

990 • Fiscal year 2017 • EIN 52-1261881

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 12, 2018

11400 Rockville Pike Suite 505Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

Liabilities / Assets

58th percentile

0.30x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

1.67x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

85th percentile

$365,617

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

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

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

90th percentile

70%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Up

$17,813,109

Up $3,431,406 (+24%) from 2016

Net Assets

Up

$12,532,330

Up $1,464,531 (+13%) from 2016

Liabilities

Up

$5,280,779

Up $1,966,875 (+59%) from 2016

Revenue

Up

$3,169,288

Up $1,301,255 (+70%) from 2016

Expenses

Up

$2,097,508

Up $143,343 (+7.3%) from 2016

Net Income

Up

$1,071,780

Up $1,157,912 (+1344%) from 2016

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $14,481,956Liabilities 2011: $2,937,369Net Assets 2011: $11,544,5872011Assets 2012: $14,156,715Liabilities 2012: $2,731,749Net Assets 2012: $11,424,9662012Assets 2013: $8,451,053Liabilities 2013: $3,251,783Net Assets 2013: $5,199,2702013Assets 2014: $11,451,261Liabilities 2014: $3,153,985Net Assets 2014: $8,297,2762014Assets 2015: $14,279,691Liabilities 2015: $3,082,752Net Assets 2015: $11,196,9392015Assets 2016: $14,381,703Liabilities 2016: $3,313,904Net Assets 2016: $11,067,7992016Assets 2017: $17,813,109Liabilities 2017: $5,280,779Net Assets 2017: $12,532,3302017Assets 2018: $21,617,513Liabilities 2018: $6,003,264Net Assets 2018: $15,614,2492018Assets 2019: $22,798,578Liabilities 2019: $6,182,868Net Assets 2019: $16,615,7102019Assets 2020: $27,741,365Liabilities 2020: $7,267,104Net Assets 2020: $20,474,2612020Assets 2021: $39,333,544Liabilities 2021: $10,328,683Net Assets 2021: $29,004,8612021Assets 2022: $43,875,072Liabilities 2022: $12,670,617Net Assets 2022: $31,204,4552022Assets 2023: $44,020,785Liabilities 2023: $14,042,700Net Assets 2023: $29,978,0852023Assets 2024: $67,256,334Liabilities 2024: $39,587,650Net Assets 2024: $27,668,6842024

Highlighted filing

2017

Assets$17,813,109
Liabilities$5,280,779
Net Assets$12,532,330

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $2,480,817Expenses 2011: $2,214,071Net Income 2011: $266,7462011Revenue 2012: $2,520,360Expenses 2012: $2,702,479Net Income 2012: -$182,1192012Revenue 2013: $1,939,750Expenses 2013: $8,130,267Net Income 2013: -$6,190,5172013Revenue 2014: $4,252,152Expenses 2014: $1,899,584Net Income 2014: $2,352,5682014Revenue 2015: $3,550,484Expenses 2015: $1,946,478Net Income 2015: $1,604,0062015Revenue 2016: $1,868,033Expenses 2016: $1,954,165Net Income 2016: -$86,1322016Revenue 2017: $3,169,288Expenses 2017: $2,097,508Net Income 2017: $1,071,7802017Revenue 2018: $6,033,082Expenses 2018: $3,207,129Net Income 2018: $2,825,9532018Revenue 2019: $3,699,145Expenses 2019: $2,554,853Net Income 2019: $1,144,2922019Revenue 2020: $6,645,621Expenses 2020: $2,728,761Net Income 2020: $3,916,8602020Revenue 2021: $5,434,326Expenses 2021: $3,429,493Net Income 2021: $2,004,8332021Revenue 2022: $9,895,856Expenses 2022: $6,241,056Net Income 2022: $3,654,8002022Revenue 2023: $3,710,507Expenses 2023: $5,631,821Net Income 2023: -$1,921,3142023Revenue 2024: $9,930,815Expenses 2024: $9,202,195Net Income 2024: $728,6202024

Highlighted filing

2017

Revenue$3,169,288
Expenses$2,097,508
Net Income$1,071,780
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 12, 2018
Return Version
2016v3.1
Gross Receipts
$3,169,288
Mission and Program Overview

Mission

To provide affordable housing and related services to low- and moderate-income senior citizens and families.

TO PROVIDE AFFORDABLE HOUSING AND RELATED services to low/MODERATE-INCOME SENIOR CITIZENS AND FAMILIES.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,512,799$5,351,605▲ $838,806
Savings and Temporary Cash Investments$3,182,414$4,222,231▲ $1,039,817
Other Notes and Loans Receivable, Net$1,491,186$3,276,186▲ $1,785,000
Land, Buildings, and Equipment, Net$1,275,687$1,262,426▼ $13,261
Investments Program Related$190,127$370,293▲ $180,166
Accounts Receivable$201,249$38,716▼ $162,533
Pledges and Grants Receivable$11,892$16,627▲ $4,735
Prepaid Expenses and Deferred Charges$5,710$5,683▼ $27
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,381,703$17,813,109▲ $3,431,406
Other Assets Total$3,510,639$3,269,342▼ $241,297
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,822,223$2,723,897▼ $98,326
Deferred Revenue$0$1,837,875▲ $1,837,875
Other Liabilities$342,686$614,797▲ $272,111
Accounts Payable and Accrued Expenses$148,995$104,210▼ $44,785
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,313,904$5,280,779▲ $1,966,875
Net Assets / Fund Balance
Unrestricted Net Assets$11,067,799$12,532,330▲ $1,464,531
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$11,067,799$12,532,330▲ $1,464,531
Total Liabilities and Net Assets / Fund Balance$14,381,703$17,813,109▲ $3,431,406

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,260,000-$1,260,000
Equipment$2,426$94,767$97,193
Other Land Buildings-$64,498$64,498
Leasehold Improvements-$4,760$4,760
Other Assets Org$432,088--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
JAMES A BROWN jrCEO/President - outgoingPT$365,617$365,617
JOHN D SPENcERVICE PRESIDENT/secretaryPT$205,818$205,818
Michelle M Limeres VergneKey EmployeePT$169,676$169,676
jeffrey blackwellassistant secretaryPT$150,669$150,669
David M JohnsonKey EmployeeFT$118,248$118,248

Board Members and Trustees

NameTitle
paul e johnson jrchairman
Leila a FinucaneCEO/president - incoming
Donald C TomassoDirector
James S PopeDirector
Jane Golden BelfordDirector
Julie SmithDirector
Michael Gilldirector
REV MSGr JOHN ENZLERDirector
REV michael salahDirector
Stephen Mckennadirector
phillip J downeyDirector
Rev Msgr Ralph J KuehnerDIRECTOR - deceased 10/17
Eric SimontisEX-officio
Kathleen Mcwilliamstreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Soltesz INCengineering2 RESEARCH PLACE SUITE 100, Rockville, MD 20850$202,429
Grimm Parker Architectsarchitectural11720 BELTSVILLE DRIVE SUITE 600, Calverton, MD 20705$166,425
Revenue and Support

Revenue Composition

Contributions and Grants
$678,534
Program Service Revenue
$2,309,695
Investment Income
$181,059
Other Revenue
$0
All Other Contributions
$155,830
Change in Net Assets
$1,071,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,869,902
Revenue Not Reported on Financial Statements
$299,386
Revenue Not Reported on Form 990
$692,137
Other Revenue Adjustments
$299,386
Total Revenue per Audited Statements
$3,562,039
Total Revenue per Form 990
$3,169,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,584,519
Other Expenses$512,989
Total Fundraising Expense$8,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$722,104--$722,104
Other Salaries and Wages$394,526$203,783$7,101$605,410
All Other Expenses$92,159$33,893-$126,052
Pension Plan Contributions$78,309$34,120-$112,429
Occupancy$78,425$26,143-$104,568
Payroll Taxes$69,663$5,877$335$75,875
Other Employee Benefits$66,015$2,686-$68,701
Fees for Services Management$7,156$45,078-$52,234
Information Technology$25,454$14,657-$40,111
Office Expenses$19,509$13,407$666$33,582
Interest$28,582--$28,582
Fees for Services Accounting$16,550$7,995-$24,545
Conferences and Meetings$10,423$6,930-$17,353
Insurance$11,883$3,720-$15,603
Depreciation Depletion$2,027$11,234-$13,261
Other Expenses$1,615$3,048-$4,663
Fees for Services Legal-$1,541-$1,541
Total Functional Expenses$1,669,248$420,158$8,102$2,097,508

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,097,508
Total Expenses per Audited Statements$2,097,508
Total Expenses per Form 990$2,097,508
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Development Fees$599,000
Deferred Rent$15,797
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
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
No

Governance Explanations

Governance-990/part VI/section B/question 11

THE AUDIT COMMITTEE REVIEWS THE 990 BEFORE IT IS SENT OUT TO THE FULL BOARD AND THEN THE FULL BOARD reviews THE 990.

Governance-990/part VI/section B/question 12C

Annual financial audit by outside firm; quarterly board meetings discuss all transactions.

Governance-990/part VI/section B/question 15

for all employees over $115,000, we must check salary compARATIVE INFORMATION. this IS done by using guidestar of peer organizations,independent compensation consultant and/or compensation survey or study. the information is given to the president and shared with the audit/finance committee. the audit/finance committee reviews and approves all compensation for employees over $115,000.

Governance-990/part VI/section C/question 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Victory Housing Inc
EIN
52-1261881
In Care Of
% JOHN SPENCER
Phone
3014936000
Address
11400 ROCKVILLE PIKE SUITE 505, ROCKVILLE, MD 20852

Signing Officer

Name
Leila a Finucane
Title
CEO/president
Signed
2018-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
leila a finucane
Formed
1979
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
13
Employees
18

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE 400E, BETHESDA, MD 20814-6583
Preparer
Ed Ryan CPA
Phone
3016529100
Supplemental Narrative

Additional Explanations

990/part XI/line 9-other Changes in Net Assets/fund Balances

Flow through income from investments in affiliates $ 332,757 flow through income from investments in affiliates $(632,143) net assets released from restricti0n $ 0 ----------------------------------------------------------- total $(299,386)

Financial Statement Notes

fin 48 disclosure

Victory has applied for and received an exception from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2017 and 2016. Due to its tax exempt status, victory is not subject to income taxes. Victory is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and victory has no other tax positions which must be considered for disclosure. Income tax returns filed by victory are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2013 remain open.

Schedule D/part XI/line 4B-revenue on Tax Return Not Books

Flow through income from investments in affiliates $ 191,567 flow through income from investments in affiliates $ (632,143) net assets released from restricti0n $ 0 ----------------------------------------------------------- total $ (299,386)

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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0KATHLEEN MCWILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1REV MSGr JOHN ENZLER
IRS990/Form990PartVIISectionAGrp/PersonNm2REV MSGR RALPH J KUEHNER
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES S POPE
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL GILL
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN MCKENNA
IRS990/Form990PartVIISectionAGrp/PersonNm6REV michael salah
IRS990/Form990PartVIISectionAGrp/PersonNm7phillip J downey
IRS990/Form990PartVIISectionAGrp/PersonNm8JULIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9JANE GOLDEN BELFORD
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIC SIMONTIS
IRS990/Form990PartVIISectionAGrp/PersonNm11DONALD C TOMASSO
IRS990/Form990PartVIISectionAGrp/PersonNm12paul e johnson jr
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES A BROWN jr
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN D SPENcER
IRS990/Form990PartVIISectionAGrp/PersonNm15LEILA A FINUCANE
IRS990/Form990PartVIISectionAGrp/PersonNm16jeffrey blackwell
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID M JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHELLE M LIMERES VERGNE
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/ReportableCompFromOrgAmt13365617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14205818
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16150669
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17118248
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18169676
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR - deceased 10/17
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4director
IRS990/Form990PartVIISectionAGrp/TitleTxt5director
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EX-officio
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13ceo/President - outgoing
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT/secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO/president - incoming
IRS990/Form990PartVIISectionAGrp/TitleTxt16assistant secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17KEY EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18KEY EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt016593
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt016593
IRS990/GrossReceiptsAmt03169288
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014657
IRS990/InformationTechnologyGrp/ProgramServicesAmt025454
IRS990/InformationTechnologyGrp/TotalAmt040111
IRS990/InsuranceGrp/ManagementAndGeneralAmt03720
IRS990/InsuranceGrp/ProgramServicesAmt011883
IRS990/InsuranceGrp/TotalAmt015603
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt028582
IRS990/InterestGrp/TotalAmt028582
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0164466
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0164466
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0190127
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0370293
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04512799
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05351605
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0164024
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01275687
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01262426
IRS990/LandBldgEquipCostOrOtherBssAmt01426450
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING AND RELATED SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS AND FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02822223
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02723897
IRS990/NetAssetsOrFundBalancesBOYAmt011067799
IRS990/NetAssetsOrFundBalancesEOYAmt012532330
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt016593
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt016593
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0692137
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt026143
IRS990/OccupancyGrp/ProgramServicesAmt078425
IRS990/OccupancyGrp/TotalAmt0104568
IRS990/OfficeExpensesGrp/FundraisingAmt0666
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013407
IRS990/OfficeExpensesGrp/ProgramServicesAmt019509
IRS990/OfficeExpensesGrp/TotalAmt033582
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03510639
IRS990/OtherAssetsTotalGrp/EOYAmt03269342
IRS990/OtherChangesInNetAssetsAmt0-299386
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02686
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt066015
IRS990/OtherEmployeeBenefitsGrp/TotalAmt068701
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1CONTRIBUTION
IRS990/OtherExpensesGrp/Desc2MISC TAX/LIC/PERMITS
IRS990/OtherExpensesGrp/Desc3AUTO/LEASE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04845
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2701
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33048
IRS990/OtherExpensesGrp/ProgramServicesAmt05962
IRS990/OtherExpensesGrp/ProgramServicesAmt138500
IRS990/OtherExpensesGrp/ProgramServicesAmt2386
IRS990/OtherExpensesGrp/ProgramServicesAmt31615
IRS990/OtherExpensesGrp/TotalAmt010807
IRS990/OtherExpensesGrp/TotalAmt139000
IRS990/OtherExpensesGrp/TotalAmt21087
IRS990/OtherExpensesGrp/TotalAmt34663
IRS990/OtherLiabilitiesGrp/BOYAmt0342686
IRS990/OtherLiabilitiesGrp/EOYAmt0614797
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07101
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203783
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0394526
IRS990/OtherSalariesAndWagesGrp/TotalAmt0605410
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01491186
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03276186
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0335
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05877
IRS990/PayrollTaxesGrp/ProgramServicesAmt069663
IRS990/PayrollTaxesGrp/TotalAmt075875
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034120
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt078309

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.3$39.6$27.7$9.93$9.20$0.73
2023Summary only. Only limited summary data is available for this year.$44.0$14.0$30.0$3.71$5.63$1.92
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.9$12.7$31.2$9.90$6.24$3.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.3$10.3$29.0$5.43$3.43$2.00
2020Summary only. Only limited summary data is available for this year.$27.7$7.27$20.5$6.65$2.73$3.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$6.18$16.6$3.70$2.55$1.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$6.00$15.6$6.03$3.21$2.83
2017Detailed filing. Detailed filing data is available for this year.$17.8$5.28$12.5$3.17$2.10$1.07
2016Detailed filing. Detailed filing data is available for this year.$14.4$3.31$11.1$1.87$1.95$0.09
2015Detailed filing. Detailed filing data is available for this year.$14.3$3.08$11.2$3.55$1.95$1.60
2014Detailed filing. Detailed filing data is available for this year.$11.5$3.15$8.30$4.25$1.90$2.35
2013Summary only. Only limited summary data is available for this year.$8.45$3.25$5.20$1.94$8.13$6.19
2012Summary only. Only limited summary data is available for this year.$14.2$2.73$11.4$2.52$2.70$0.18
2011Summary only. Only limited summary data is available for this year.$14.5$2.94$11.5$2.48$2.21$0.27