Civic Intelligence

Victory Housing Inc.

990 • Fiscal year 2020 • EIN 52-1261881

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 21, 2021

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

49th percentile

0.26x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

1.09x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$341,234

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

76th percentile

22%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

80%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Flat

$27,741,365

Flat from 2020

Net Assets

Flat

$20,474,261

Flat from 2020

Liabilities

Flat

$7,267,104

Flat from 2020

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin93rd percentile

Revenue

Flat

$6,645,621

Flat from 2020

Expenses

Flat

$2,728,761

Flat from 2020

Net Income

Flat

$3,916,860

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth76th 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 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

2020

Assets$27,741,365
Liabilities$7,267,104
Net Assets$20,474,261
Open 2020 Filing

Operations Trend

Revenue Growth93rd 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 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

2020

Revenue$6,645,621
Expenses$2,728,761
Net Income$3,916,860
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 21, 2021
Return Version
2019v5.1
Gross Receipts
$6,745,767
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$6,156,154$6,843,673▲ $687,519
Investments in Publicly Traded Securities$6,115,405$6,168,681▲ $53,276
Other Notes and Loans Receivable, Net$5,973,017$6,030,093▲ $57,076
Accounts Receivable$140,254$1,654,293▲ $1,514,039
Land, Buildings, and Equipment, Net$1,333,365$1,345,878▲ $12,513
Pledges and Grants Receivable$398,183$670,276▲ $272,093
Investments Program Related$166,796$102,980▼ $63,816
Prepaid Expenses and Deferred Charges$7,288$6,188▼ $1,100
Total Assets$22,798,578$27,741,365▲ $4,942,787
Other Assets Total$2,508,116$4,919,303▲ $2,411,187
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,640,018$5,460,198▲ $1,820,180
Other Liabilities$2,401,349$1,553,425▼ $847,924
Accounts Payable and Accrued Expenses$127,841$253,481▲ $125,640
Deferred Revenue$13,660$0▼ $13,660
Total Liabilities$6,182,868$7,267,104▲ $1,084,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,440,710$20,299,261▲ $3,858,551
Net Assets With Donor Restrictions$175,000$175,000→ $0
Total Net Assets Fund Balance$16,615,710$20,474,261▲ $3,858,551
Total Liabilities and Net Assets / Fund Balance$22,798,578$27,741,365▲ $4,942,787

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,260,000-$1,260,000
Equipment$23,947$63,857$87,804
Leasehold Improvements$61,931$22,864$84,795
Other Land Buildings$0$64,498$64,498
Other Assets Org$1,006,633--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leila a FinucaneCEO/presidentPT$269,350$71,884$341,234
John D SpencerVice President/secretaryPT$195,558$61,194$256,752
Jacqueline R SmedleySenior VP, Assisted LivingPT$191,300$26,208$217,508
Michelle M LimeresVP, Accounting and Admin ServicesPT$167,579$43,895$211,474
Jeffrey BlackwellVP, Real Estate DevelopmentPT$164,363$38,332$202,695
Daniel LukomskyAsset Management DirectorFT$154,500$6,162$160,662
Pedro a Mora ChaconAccounting ManagerFT$127,436$33,163$160,599
David Mcbryde PerrowSenior Project ManagerFT$119,820$15,692$135,512
Geraldine Rogers FlowersClinical Director of Assisted LivingFT$109,665$5,478$115,143

Board Members and Trustees

NameTitle
Julie SmithChair (incoming - January 2020)
Paul E Johnson JrChair (outgoing - December 2019)
Donald C TomassoDirector
Jane BelfordDirector
Jay PopeDirector
Michael G GillDirector
Patrick DunneDirector
Philip DowneyDirector
Rev Msgr Donald EssexDirector
Sharon Wilson GenoDirector
Rev Michael SalahDirector (outgoing - December 2019)
Kathleen McwilliamsTreasurer (outgoing - December 2019)

Highest Paid Contractors

ContractorServicesLocationCompensation
Hines US Value Fund LPOffice LeaseNORTH BETHESDA PLACE I PO BOX 7087, Philadelphia, PA 19176-5872$104,562
Revenue and Support

Revenue Composition

Contributions and Grants
$2,910,802
Program Service Revenue
$3,372,893
Investment Income
$269,501
Other Revenue
$92,425
All Other Contributions
$396,454
Change in Net Assets
$3,916,860

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,645,621
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-58,309
Total Revenue per Audited Statements
$6,587,312
Total Revenue per Form 990
$6,645,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,019,801
Other Expenses$708,960
Total Fundraising Expense$4,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$838,831$136,571$2,599$978,001
Other Salaries and Wages$671,272$106,927$2,224$780,423
Other Employee Benefits$144,603$30,872-$175,475
Office Expenses$81,781$61,006-$142,787
Occupancy$89,613$29,831-$119,444
Information Technology$66,952$41,614-$108,566
Payroll Taxes$79,501$6,239$162$85,902
Fees for Services Management$45,024$24,308-$69,332
Fees for Services Accounting$20,320$6,136-$26,456
Interest$24,034--$24,034
Conferences and Meetings$11,499$4,666-$16,165
All Other Expenses$3,626$11,370-$14,996
Depreciation Depletion$979$12,021-$13,000
Insurance$5,304$6,781-$12,085
Other Expenses$2,378$7,913-$10,291
Fees for Services Legal$2,575$2,575-$5,150
Advertising$375$195-$570
Total Functional Expenses$2,199,790$523,986$4,985$2,728,761

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,728,761
Total Expenses per Audited Statements$2,728,761
Total Expenses per Form 990$2,728,761
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 Development Fees$1,496,000
Deferred Rent$57,425
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
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

“Victory housing has a written conflict of interest policy. The board members and officers of the organization acknowledge and adhere to this policy, and they annually disclose any conflicts of interest. Additionally, any conflicts that arise that are related to transactions considered by the board are discussed at quarterly meetings.”

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
2021-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leila a Finucane
Formed
1979
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
258
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 -197,581. Temporarily restricted net assets 0.”

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, 2020 and 2019. 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 2017 remain open.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Net assets with donor restrictions flow through net loss from investment in affiliates -197,581.”

Raw XML AppendixShowing 400 of 1,504 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.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt176162
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1824163
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1915692
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt205478
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL E JOHNSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHLEEN MCWILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3JAY POPE
IRS990/Form990PartVIISectionAGrp/PersonNm4REV MICHAEL SALAH
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICK DUNNE
IRS990/Form990PartVIISectionAGrp/PersonNm6JANE BELFORD
IRS990/Form990PartVIISectionAGrp/PersonNm7DONALD C TOMASSO
IRS990/Form990PartVIISectionAGrp/PersonNm8SHARON WILSON GENO
IRS990/Form990PartVIISectionAGrp/PersonNm9REV MSGR DONALD ESSEX
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL G GILL
IRS990/Form990PartVIISectionAGrp/PersonNm11PHILIP DOWNEY
IRS990/Form990PartVIISectionAGrp/PersonNm12LEILA A FINUCANE
IRS990/Form990PartVIISectionAGrp/PersonNm13JOHN D SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFFREY BLACKWELL
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHELLE M LIMERES
IRS990/Form990PartVIISectionAGrp/PersonNm16JACQUELINE R SMEDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17DANIEL LUKOMSKY
IRS990/Form990PartVIISectionAGrp/PersonNm18PEDRO A MORA CHACON
IRS990/Form990PartVIISectionAGrp/PersonNm19DAVID MCBRYDE PERROW
IRS990/Form990PartVIISectionAGrp/PersonNm20GERALDINE ROGERS FLOWERS
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/ReportableCompFromOrgAmt12319350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13220558
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14179363
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15192579
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16208800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17154500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18136436
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19119820
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20109665
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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR (OUTGOING - DECEMBER 2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR (INCOMING - JANUARY 2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER (OUTGOING - DECEMBER 2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (OUTGOING - DECEMBER 2019)
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
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSET MANAGEMENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18ACCOUNTING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR PROJECT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CLINICAL DIR. OF ASSISTED LIVING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-100146
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01555000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06745767
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt041614
IRS990/InformationTechnologyGrp/ProgramServicesAmt066952
IRS990/InformationTechnologyGrp/TotalAmt0108566
IRS990/InsuranceGrp/ManagementAndGeneralAmt06781
IRS990/InsuranceGrp/ProgramServicesAmt05304
IRS990/InsuranceGrp/TotalAmt012085
IRS990/InterestGrp/ProgramServicesAmt024034
IRS990/InterestGrp/TotalAmt024034
IRS990/InvestmentIncomeGrp/ExclusionAmt0369647
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0369647
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0166796
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0102980
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06115405
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06168681
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0151219
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01333365
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01345878
IRS990/LandBldgEquipCostOrOtherBssAmt01497097
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0100146
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/BOYAmt03640018
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05460198
IRS990/NetAssetsOrFundBalancesBOYAmt016615710
IRS990/NetAssetsOrFundBalancesEOYAmt020474261
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-100146
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-100146
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0139272
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016440710
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt020299261
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029831
IRS990/OccupancyGrp/ProgramServicesAmt089613
IRS990/OccupancyGrp/TotalAmt0119444
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt061006
IRS990/OfficeExpensesGrp/ProgramServicesAmt081781
IRS990/OfficeExpensesGrp/TotalAmt0142787
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02508116
IRS990/OtherAssetsTotalGrp/EOYAmt04919303
IRS990/OtherChangesInNetAssetsAmt0-197581
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030872
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0144603
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0175475
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3RENTAL & EQUIPMENT LEAS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030692
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27913
IRS990/OtherExpensesGrp/ProgramServicesAmt0101393
IRS990/OtherExpensesGrp/ProgramServicesAmt1562
IRS990/OtherExpensesGrp/ProgramServicesAmt29168
IRS990/OtherExpensesGrp/ProgramServicesAmt32378
IRS990/OtherExpensesGrp/TotalAmt0101393
IRS990/OtherExpensesGrp/TotalAmt131254
IRS990/OtherExpensesGrp/TotalAmt213437
IRS990/OtherExpensesGrp/TotalAmt310291
IRS990/OtherLiabilitiesGrp/BOYAmt02401349
IRS990/OtherLiabilitiesGrp/EOYAmt01553425
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBTS RECOVERY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt092425
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt092425
IRS990/OtherRevenueTotalAmt092425
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02224
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0106927
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0671272
IRS990/OtherSalariesAndWagesGrp/TotalAmt0780423
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05973017
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06030093
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0162
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06239
IRS990/PayrollTaxesGrp/ProgramServicesAmt079501
IRS990/PayrollTaxesGrp/TotalAmt085902
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0398183
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0670276
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07288
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06188
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/ExclusionAmt088060
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03000310
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1163307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt265679
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt355537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03000310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1163307

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$27,741,365
Liabilities
$7,267,104
Net assets
$20,474,261
Revenue
$6,645,621
Expenses
$2,728,761
Net income
$3,916,860
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
2020Detailed filing. Detailed filing data is available for this year.$27.7$7.27$20.5$6.65$2.73$3.92
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
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