Civic Intelligence

Victory Housing Inc.

990 • Fiscal year 2019 • EIN 52-1261881

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 07, 2020

Organization ProfileN/A
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

57th percentile

0.27x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.67x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$331,495

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

56th percentile

5.5%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$22,798,578

Up $1,181,065 (+5.5%) from 2018

Net Assets

Up

$16,615,710

Up $1,001,461 (+6.4%) from 2018

Liabilities

Up

$6,182,868

Up $179,604 (+3.0%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin84th percentile

Revenue

Down

$3,699,145

Down $2,333,937 (-39%) from 2018

Expenses

Down

$2,554,853

Down $652,276 (-20%) from 2018

Net Income

Down

$1,144,292

Down $1,681,661 (-60%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

2019

Assets$22,798,578
Liabilities$6,182,868
Net Assets$16,615,710
Open 2019 Filing

Operations Trend

Revenue Growth7th percentile

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

2019

Revenue$3,699,145
Expenses$2,554,853
Net Income$1,144,292
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 7, 2020
Return Version
2018v3.1
Gross Receipts
$3,699,145
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 seniors and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,193,071$6,156,154▲ $2,963,083
Investments in Publicly Traded Securities$5,780,078$6,115,405▲ $335,327
Other Notes and Loans Receivable, Net$5,620,486$5,973,017▲ $352,531
Land, Buildings, and Equipment, Net$1,273,389$1,333,365▲ $59,976
Pledges and Grants Receivable$55,990$398,183▲ $342,193
Investments Program Related$286,449$166,796▼ $119,653
Accounts Receivable$38,656$140,254▲ $101,598
Prepaid Expenses and Deferred Charges$7,521$7,288▼ $233
Total Assets$21,617,513$22,798,578▲ $1,181,065
Other Assets Total$5,361,873$2,508,116▼ $2,853,757
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,323,024$3,640,018▲ $316,994
Other Liabilities$2,564,929$2,401,349▼ $163,580
Accounts Payable and Accrued Expenses$102,049$127,841▲ $25,792
Deferred Revenue$13,262$13,660▲ $398
Total Liabilities$6,003,264$6,182,868▲ $179,604
Net Assets / Fund Balance
Unrestricted Net Assets$15,489,249$16,440,710▲ $951,461
Temporarily Rstr Net Assets$125,000$175,000▲ $50,000
Total Net Assets Fund Balance$15,614,249$16,615,710▲ $1,001,461
Total Liabilities and Net Assets / Fund Balance$21,617,513$22,798,578▲ $1,181,065

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,260,000-$1,260,000
Leasehold Improvements$73,365$11,430$84,795
Other Land Buildings$0$64,498$64,498
Equipment$0$62,291$62,291
Other Assets Org$1,071,677--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leila a FinucaneCEO/presidentPT$309,019$22,476$331,495
John D SpencerVice President/secretaryPT$214,683$32,307$246,990
Michelle M Limeres VergneVP, Accounting and Admin ServicesPT$187,759$15,138$202,897
Jeffrey BlackwellVP, Real Estate DevelopmentPT$174,665$19,868$194,533
Jacqueline R SmedleySenior VP, Assisted Living OperationsPT$120,962$2,983$123,945
Jacqueline R SmedleySenior VP, Assisted Living Operation-$120,962$2,983$123,945

Board Members and Trustees

NameTitle
Paul E Johnson JrChairman
Julie SmithVice Chair
Donald C TomassoDirector
Eric SimontisDirector
Jane BelfordDirector
Jay PopeDirector
Michael G GillDirector
Patrick DunneDirector
Rev Michael SalahDirector
Rev Msgr Donald EssexDirector
Sharon Wilson GenoDirector
Kathleen McwilliamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Wiencek Assoc Architects & PlannersArchitectural1100 VERMONT AVENUE NW SUITE 800, Washington, DC 20005$1,182,815
Revenue and Support

Revenue Composition

Contributions and Grants
$1,032,560
Program Service Revenue
$2,153,191
Investment Income
$505,408
Other Revenue
$7,986
All Other Contributions
$166,438
Change in Net Assets
$1,144,292

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,699,145
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-142,831
Total Revenue per Audited Statements
$3,556,314
Total Revenue per Form 990
$3,699,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,820,729
Other Expenses$734,124
Total Fundraising Expense$15,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$757,393$143,458$2,997$903,848
Other Salaries and Wages$546,421$103,135$2,205$651,761
Pension Plan Contributions$95,134$32,091-$127,225
Occupancy$88,399$29,330-$117,729
Payroll Taxes$78,400$10,839$162$89,401
Office Expenses$37,120$34,917$772$72,809
Other Employee Benefits$48,494--$48,494
Fees for Services Management$31,941$11,523-$43,464
Information Technology$20,709$11,702-$32,411
Fees for Services Accounting$21,170$8,805-$29,975
Interest$25,640--$25,640
Conferences and Meetings$16,638$5,315-$21,953
Insurance$6,781$7,474-$14,255
All Other Expenses$5,616$7,429-$13,045
Other Expenses$7,543$5,440-$12,983
Advertising$1,091$505$9,707$11,303
Depreciation Depletion$79$6,829-$6,908
Fees for Services Legal-$1,919-$1,919
Total Functional Expenses$2,066,475$472,535$15,843$2,554,853

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,554,853
Total Expenses per Audited Statements$2,554,853
Total Expenses per Form 990$2,554,853
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
Deferred Grant Income$1,500,000
Deferred Development Fees$867,000
Deferred Rent$34,349
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The audit committee reviews the 990 before it is sent out to the full board and then the full board reviews the 990.”

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

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

Form 990, Part VI, Section B, Line 15

“For all employees over $115,000, we must check salary comparative information. This is done by using guidestar or peer organizations. The information is given to the president and shared with the audit committee. The audit committee reviews and approves all compensation for employees over $115,000.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Victory Housing Inc
EIN
52-1261881
Phone
3014936000
Address
11400 ROCKVILLE PIKE SUITE 505, ROCKVILLE, MD 20852

Signing Officer

Name
Leila a Finucane
Title
CEO/president
Phone
3014936000
Signed
2020-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leila a Finucane
Formed
1979
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
21
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
Glenn M Shelton
Phone
3016529100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Flow through net loss from investment in affiliates -322,581. Temporarily restricted net assets 50,000.”

FORM 990, PART XII, LINE 2C:

“There were no changes from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“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, 2019 and 2018. 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 2016 remain open.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Net assets with donor restrictions 50,000. Flow through net loss from investment in affiliates -322,581.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm15MICHELLE M LIMERES VERGNE
IRS990/Form990PartVIISectionAGrp/PersonNm16JACQUELINE R SMEDLEY
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/ReportableCompFromOrgAmt12309019
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13214683
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14174665
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15187759
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16120962
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/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP, REAL ESTATE DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP, ACCOUNTING AND ADMIN SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR VP, ASSISTED LIVING OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0205358
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0205358
IRS990/GrossReceiptsAmt03699145
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011702
IRS990/InformationTechnologyGrp/ProgramServicesAmt020709
IRS990/InformationTechnologyGrp/TotalAmt032411
IRS990/InsuranceGrp/ManagementAndGeneralAmt07474
IRS990/InsuranceGrp/ProgramServicesAmt06781
IRS990/InsuranceGrp/TotalAmt014255
IRS990/InterestGrp/ProgramServicesAmt025640
IRS990/InterestGrp/TotalAmt025640
IRS990/InvestmentIncomeGrp/ExclusionAmt0300050
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0300050
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0286449
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0166796
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05780078
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06115405
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0138219
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01273389
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01333365
IRS990/LandBldgEquipCostOrOtherBssAmt01471584
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING AND RELATED SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS AND FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03323024
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03640018
IRS990/NetAssetsOrFundBalancesBOYAmt015614249
IRS990/NetAssetsOrFundBalancesEOYAmt016615710
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0205358
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0205358
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0129750
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029330
IRS990/OccupancyGrp/ProgramServicesAmt088399
IRS990/OccupancyGrp/TotalAmt0117729
IRS990/OfficeExpensesGrp/FundraisingAmt0772
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034917
IRS990/OfficeExpensesGrp/ProgramServicesAmt037120
IRS990/OfficeExpensesGrp/TotalAmt072809
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05361873
IRS990/OtherAssetsTotalGrp/EOYAmt02508116
IRS990/OtherChangesInNetAssetsAmt0-272581
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048494
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048494
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS & DISTRIB
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029124
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122700
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25440
IRS990/OtherExpensesGrp/ProgramServicesAmt0277906
IRS990/OtherExpensesGrp/ProgramServicesAmt17543
IRS990/OtherExpensesGrp/TotalAmt0277906
IRS990/OtherExpensesGrp/TotalAmt129124
IRS990/OtherExpensesGrp/TotalAmt222700
IRS990/OtherExpensesGrp/TotalAmt312983
IRS990/OtherLiabilitiesGrp/BOYAmt02564929
IRS990/OtherLiabilitiesGrp/EOYAmt02401349
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBTS RECOVERY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07986
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07986
IRS990/OtherRevenueTotalAmt07986
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02205
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0103135
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0546421
IRS990/OtherSalariesAndWagesGrp/TotalAmt0651761
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05620486
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05973017
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0162
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010839
IRS990/PayrollTaxesGrp/ProgramServicesAmt078400
IRS990/PayrollTaxesGrp/TotalAmt089401
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt032091
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt095134
IRS990/PensionPlanContributionsGrp/TotalAmt0127225
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt055990
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0398183
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07521
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07288
IRS990/PrincipalOfficerNm0LEILA A FINUCANE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1CORPORATE SERVICE FEE
IRS990/ProgramServiceRevenueGrp/Desc2FINANCIAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3GROUND LEASE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt078821
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01846863
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1133063
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253019
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt341425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01846863
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1133063
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt278821
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt353019
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt441425
IRS990/ProgSrvcAccomActy2Grp/Desc0AFFORDABLE HOUSING PROJECT DEVELOPMENT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01241913
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0686407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02965195
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0278327
IRS990/PYOtherExpensesAmt01640627
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02789560
IRS990/PYRevenuesLessExpensesAmt02825953
IRS990/PYSalariesCompEmpBnftPaidAmt01566502
IRS990/PYTotalExpensesAmt03207129
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06033082
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01144292
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0866122
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,798,578
Liabilities
$6,182,868
Net assets
$16,615,710
Revenue
$3,699,145
Expenses
$2,554,853
Net income
$1,144,292
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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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