Civic Intelligence

St. Lukes Homes Inc.

EIN 52-1685393 • 501(c)3 • Rockville, MD

Pub. 78 Eligible

Profile

To provide affordable housing to the chronically mentally disabled under section 811 of the national affordable housing act.

2 Taft Court 200Rockville, MD 20850

www.cornerstonemontgomery.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.66x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.53x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

52nd percentile

2.6%

Higher net margin than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-3.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$451,173

Down $15,870 (-3.4%) from 2023

Liabilities

Down

$749,962

Down $21,429 (-2.8%) from 2023

Net Assets

Up

-$298,789

Up $5,559 (+1.8%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin52nd percentile

Revenue

Up

$212,235

Up $41,436 (+24%) from 2023

Expenses

Up

$206,676

Up $10,132 (+5.2%) from 2023

Net Income

Up

$5,559

Up $31,304 (+122%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2011: $668,665Liabilities 2011: $932,531Net Assets 2011: -$263,8662011Assets 2012: $652,520Liabilities 2012: $909,173Net Assets 2012: -$256,6532012Assets 2013: $639,805Liabilities 2013: $884,961Net Assets 2013: -$245,1562013Assets 2014: $633,348Liabilities 2014: $859,858Net Assets 2014: -$226,5102014Assets 2015: $609,425Liabilities 2015: $833,988Net Assets 2015: -$224,5632015Assets 2016: $558,967Liabilities 2016: $802,179Net Assets 2016: -$243,2122016Assets 2017: $562,877Liabilities 2017: $783,233Net Assets 2017: -$220,3562017Assets 2018: $530,669Liabilities 2018: $747,225Net Assets 2018: -$216,5562018Assets 2019: $512,714Liabilities 2019: $727,488Net Assets 2019: -$214,7742019Assets 2020: $501,212Liabilities 2020: $733,171Net Assets 2020: -$231,9592020Assets 2021: $479,184Liabilities 2021: $739,772Net Assets 2021: -$260,5882021Assets 2022: $472,290Liabilities 2022: $750,893Net Assets 2022: -$278,6032022Assets 2023: $467,043Liabilities 2023: $771,391Net Assets 2023: -$304,3482023Assets 2024: $451,173Liabilities 2024: $749,962Net Assets 2024: -$298,7892024

Highlighted filing

2024

Assets$451,173
Liabilities$749,962
Net Assets-$298,789
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $178,013Expenses 2011: $181,683Net Income 2011: -$3,6702011Revenue 2012: $185,902Expenses 2012: $178,689Net Income 2012: $7,2132012Revenue 2013: $180,357Expenses 2013: $167,310Net Income 2013: $13,0472013Revenue 2014: $189,572Expenses 2014: $170,926Net Income 2014: $18,6462014Revenue 2015: $180,116Expenses 2015: $178,169Net Income 2015: $1,9472015Revenue 2016: $184,662Expenses 2016: $203,311Net Income 2016: -$18,6492016Revenue 2017: $186,621Expenses 2017: $163,765Net Income 2017: $22,8562017Revenue 2018: $185,492Expenses 2018: $181,692Net Income 2018: $3,8002018Revenue 2019: $188,893Expenses 2019: $187,111Net Income 2019: $1,7822019Revenue 2020: $191,934Expenses 2020: $209,119Net Income 2020: -$17,1852020Revenue 2021: $188,097Expenses 2021: $216,726Net Income 2021: -$28,6292021Revenue 2022: $198,118Expenses 2022: $216,133Net Income 2022: -$18,0152022Revenue 2023: $170,799Expenses 2023: $196,544Net Income 2023: -$25,7452023Revenue 2024: $212,235Expenses 2024: $206,676Net Income 2024: $5,5592024

Highlighted filing

2024

Revenue$212,235
Expenses$206,676
Net Income$5,559
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$451,173
Liabilities
$749,962
Net assets
-$298,789
Revenue
$212,235
Expenses
$206,676
Net income
$5,559
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.51$7.50$2.99$2.12$2.07$0.06
2023Detailed filing. Detailed filing data is available for this year.$4.67$7.71$3.04$1.71$1.97$0.26
2022Detailed filing. Detailed filing data is available for this year.$4.72$7.51$2.79$1.98$2.16$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.79$7.40$2.61$1.88$2.17$0.29
2020Detailed filing. Detailed filing data is available for this year.$5.01$7.33$2.32$1.92$2.09$0.17
2019Detailed filing. Detailed filing data is available for this year.$5.13$7.27$2.15$1.89$1.87$0.02
2018Detailed filing. Detailed filing data is available for this year.$5.31$7.47$2.17$1.85$1.82$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.63$7.83$2.20$1.87$1.64$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.59$8.02$2.43$1.85$2.03$0.19
2015Summary only. Only limited summary data is available for this year.$6.09$8.34$2.25$1.80$1.78$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.33$8.60$2.27$1.90$1.71$0.19
2013Summary only. Only limited summary data is available for this year.$6.40$8.85$2.45$1.80$1.67$0.13
2012Summary only. Only limited summary data is available for this year.$6.53$9.09$2.57$1.86$1.79$0.07
2011Summary only. Only limited summary data is available for this year.$6.69$9.33$2.64$1.78$1.82$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 20, 2025
Return Version
2023v6.0
Gross Receipts
$212,235
Mission and Program Overview

Mission

To provide affordable housing to the chronically mentally disabled under section 811 of the national affordable housing act.

To provide affordable housing to the elderly and persons who suffer from disabilities under section 202 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$312,313$317,555▲ $5,242
Savings and Temporary Cash Investments$128,491$102,845▼ $25,646
Pledges and Grants Receivable$5,817$16,655▲ $10,838
Cash and Non-Interest-Bearing Accounts$17,226$10,917▼ $6,309
Total Assets$467,043$451,173▼ $15,870
Other Assets Total$3,196$3,201▲ $5
Liabilities
Mortgage Notes Payable Secured by Investment Property$551,543$516,241▼ $35,302
Accounts Payable and Accrued Expenses$181,068$194,941▲ $13,873
Other Liabilities$35,807$35,807→ $0
Escrow Account Liability$2,973$2,973→ $0
Total Liabilities$771,391$749,962▼ $21,429
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-304,348$-298,789▲ $5,559
Total Net Assets Fund Balance$-304,348$-298,789▲ $5,559
Total Liabilities and Net Assets / Fund Balance$467,043$451,173▼ $15,870

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$209,555$704,161$913,716
Land$108,000-$108,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Cari Guthrie ChoPresident/board Chair
Chris SintetosVice President
Jim AudasDirector
Rebecca MonziDirector
Stanley EstremskySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$171,179
Program Service Revenue
$40,895
Investment Income
$161
Other Revenue
$0
Change in Net Assets
$5,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$212,235
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$212,235
Total Revenue per Form 990
$212,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$93,389--$93,389
Fees for Services Other-$30,609-$30,609
Fees for Services Accounting-$30,284-$30,284
Depreciation Depletion$24,304--$24,304
Fees for Services Management-$2,657-$2,657
Office Expenses-$1,828-$1,828
Other Expenses$10,136$1,444-$1,444
Information Technology-$770-$770
Total Functional Expenses$139,084$67,592$0$206,676

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$206,676
Total Expenses per Audited Statements$206,676
Total Expenses per Form 990$206,676
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
Due to Cornerstone Montgomery$35,807
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 organization is managed by cornerstone montgomery, the sponsor, pursuant to a management agreement approved by hud. The fee is calculated at the lessor of 1.5% of residential rent collections or a flat fee of $221.40 per month. For the year ended june 30, 2024, management fees of $2,657 were incurred. None of the organization's officers or directors listed in part vii were compensated by the management company.”

Form 990, Part VI, Section A, Line 8A

“No board meetings were held during fy2024.”

Form 990, Part VI, Section A, Line 8B

“The board acted as a whole on all matters and no committee was appointed during the fiscal year.”

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

“The form 990 is reviewed by the president and treasurer prior to filing. After filing the return, it is reviewed by the full board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
St Lukes Homes Inc
EIN
52-1685393
Phone
3017153673
Address
2 TAFT COURT 200, ROCKVILLE, MD 20850

Signing Officer

Name
Stanley Estremsky
Title
Secretary/treasurer
Phone
3017153673
Signed
2025-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cari Guthrie Cho
Formed
1988
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultant fees: program service expenses 0. Management and general expenses 30,609. Fundraising expenses 0. Total expenses 30,609.”

FORM 990, PART XII, LINE 2C:

“The full board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization holds security deposits for tenants in an escrow account. These deposits are returned to the tenants once they move out of the apartment.”

PART X, LINE 2:

“The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to june 30, 2021.”

Raw XML AppendixShowing 400 of 462 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/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0143259
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076
IRS990/PYOtherExpensesAmt0196544
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt027464
IRS990/PYRevenuesLessExpensesAmt0-25745
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0196544
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0170799
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05559
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt040895
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0128491
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102845
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0171179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0143259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0174953
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0158603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0154870
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0802864
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0342
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt027464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt023152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt029480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt036986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0157977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0342
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0960841
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0212074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0170723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0198105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0188083
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0191856
IRS990ScheduleA/Total509Grp/TotalAmt0960841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0212235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0170799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0198118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0188097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0191934
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0961183
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0209555
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0704161
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0913716
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0206676
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0108000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0108000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035807
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CORNERSTONE MONTGOMERY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0212235
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0317555
IRS990ScheduleD/TotalExpensesPerForm990Amt0206676
IRS990ScheduleD/TotalLiabilityAmt035807
IRS990ScheduleD/TotalRevenuePerForm990Amt0212235
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0212235
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0206676
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY CORNERSTONE MONTGOMERY, THE SPONSOR, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS CALCULATED AT THE LESSOR OF 1.5% OF RESIDENTIAL RENT COLLECTIONS OR A FLAT FEE OF $221.40 PER MONTH. FOR THE YEAR ENDED JUNE 30, 2024, MANAGEMENT FEES OF $2,657 WERE INCURRED. NONE OF THE ORGANIZATION'S OFFICERS OR DIRECTORS LISTED IN PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO BOARD MEETINGS WERE HELD DURING FY2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER PRIOR TO FILING. AFTER FILING THE RETURN, IT IS REVIEWED BY THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,609. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,609.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FULL BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WATERSIDE HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SECOND STEP INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SECOND STEP II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0510616354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1521730811
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2522225612
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING AFFORDABLE HOUSING TO PERSONS WITH SERIOUS MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDING AFFORDABLE HOUSING TO PERSONS WITH SERIOUS MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDING AFFORDABLE HOUSING TO PERSONS WITH SERIOUS MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02 TAFT COURT SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12 TAFT COURT SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt22 TAFT COURT SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROCKVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ROCKVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ROCKVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020850
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd120850
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd220850
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0467043
IRS990/TotalAssetsEOYAmt0451173
IRS990/TotalAssetsGrp/BOYAmt0467043
IRS990/TotalAssetsGrp/EOYAmt0451173
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0171179
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067592

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