Asmara Affordable Housing Inc

990 • Fiscal year 2016 • EIN 52-1928713

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization Profile N/A

122 east 42nd street ste 3500 Suitnew york, NY 10168

(202) 789-5300

Siviq Scores

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

1.26x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

2.45x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

1.5%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

$687,394

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

-6.2%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

6.4%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets97th percentile

Assets

Down

$13,972,264

Down $916,352 (-6.2%) from 2015

Net Assets

-$3,662,665

Up $109,970 (+2.9%) from 2015

Liabilities

Down

$17,634,929

Down $1,026,322 (-5.5%) from 2015

Revenue And Expenses

Liabilities / Revenue89th percentile Net Margin46th percentile

Revenue

$7,204,325

Up $435,744 (+6.4%) from 2015

Expenses

$7,094,355

Up $1,017,075 (+17%) from 2015

Net Income

Down

$109,970

Down $581,331 (-84%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

Highlighted filing

2016

Assets$13,972,264

Liabilities$17,634,929

Net Assets-$3,662,665

Open 2016 Filing

Operations Trend

Revenue Growth60th percentile

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

Highlighted filing

2016

Revenue$7,204,325

Expenses$7,094,355

Net Income$109,970

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Nov 15, 2017
Return Version: 2016v3.1
Gross Receipts: $7,204,325

Mission and Program Overview

Mission

To provide for the acquisition, development, ownership, and operation of affordable housing for low income families.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$11,133,641	$11,091,292	▼ $42,349
Savings and Temporary Cash Investments	$2,105,170	$2,263,312	▲ $158,142
Intangible Assets	$551,633	$0	▼ $551,633
Cash and Non-Interest-Bearing Accounts	$613,646	$194,315	▼ $419,331
Prepaid Expenses and Deferred Charges	$97,086	$103,475	▲ $6,389
Accounts Receivable	$201,892	$44,727	▼ $157,165
Other Notes and Loans Receivable, Net	$0	$0	→ $0
Pledges and Grants Receivable	$0	$0	→ $0
Receivable From Disqualified Prsn	$0	$0	→ $0
Receivables From Officers Etc	$0	$0	→ $0
Investments Other Securities	$0	$0	→ $0
Investments Program Related	$0	$0	→ $0
Investments in Publicly Traded Securities	$0	$0	→ $0
Inventories for Sale or Use	$0	$0	→ $0
Loans From Officers Directors	$0	$0	→ $0
Total Assets	$14,888,616	$13,972,264	▼ $916,352
Other Assets Total	$185,548	$275,143	▲ $89,595
Liabilities
Mortgage Notes Payable Secured by Investment Property	$17,710,000	$16,639,541	▼ $1,070,459
Accounts Payable and Accrued Expenses	$317,763	$611,638	▲ $293,875
Other Liabilities	$557,853	$306,042	▼ $251,811
Deferred Revenue	$75,635	$77,708	▲ $2,073
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	$18,661,251	$17,634,929	▼ $1,026,322
Net Assets / Fund Balance
Permanently Rstr Net Assets	$0	$0	→ $0
Temporarily Rstr Net Assets	$0	$0	→ $0
Unrestricted Net Assets	$-3,772,635	$-3,662,665	▲ $109,970
Total Net Assets Fund Balance	$-3,772,635	$-3,662,665	▲ $109,970
Total Liabilities and Net Assets / Fund Balance	$14,888,616	$13,972,264	▼ $916,352

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$8,536,907	$13,758,614	$22,295,521
Land	$2,554,385	-	$2,554,385

Compensation and Service Providers

Top Officer Pay93rd percentile

Board Members and Trustees

Name	Title
Fred C Mitchell	Vice President
Joseph P Wiedorfer	Vice President
steve green	Vice President
Desurra Huckaby	Board Member
Herman Brown	Board Member
Richard Burns	CEO and Board Member
Gary Parkinson	treasurer
Thomas G Vaccaro	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $7,203,616
Investment Income: $709
Other Revenue: $0
Change in Net Assets: $109,970

Audited Revenue Reconciliation

Revenue per Audited Statements: $7,204,325
Total Revenue per Audited Statements: $7,204,325
Total Revenue per Form 990: $7,204,325

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$5,879,216
Salaries, Compensation, and Employee Benefits	$1,215,139
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Office Expenses	$1,520,958	$115,645	-	$1,636,603
Other Salaries and Wages	$978,620	-	-	$978,620
Occupancy	$705,174	-	-	$705,174
Depreciation Depletion	$697,701	-	-	$697,701
Fees for Services Management	-	$281,238	-	$281,238
Insurance	$264,123	-	-	$264,123
Fees for Services Legal	-	$147,877	-	$147,877
All Other Expenses	-	$141,009	-	$141,009
Payroll Taxes	$122,271	-	-	$122,271
Other Employee Benefits	$114,248	-	-	$114,248
Other Expenses	$82,787	-	-	$82,787
Advertising	-	$74,393	-	$74,393
Interest	$39,292	-	$0	$39,292
Total Functional Expenses	$6,334,193	$760,162	$0	$7,094,355

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$7,094,355
Total Expenses per Audited Statements	$7,094,355
Total Expenses per Form 990	$7,094,355

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
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 Item	Beginning	End	Change
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

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Act Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
CORNERSTONEST LUKE'S INC	Washington, DC	Real Estate	501(c)(3)	509(a)(2)	No
Cau Cedars Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(2)	No
Cherry Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Chp Cove Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(2)	No
Cornerstonebayview Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(1)	No
Cornerstonerobbins Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(2)	No
Fchc Virginia Cdc	Washington, DC	Real Estate	501(c)(3)	509(a)(1)	No
Forest Park Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Foxwood Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Hollybush Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Interstate I Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Jamestown Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Miliken Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Orange Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
Plaza Borinquen 88 Housing Development F	Washington, DC	real estate	501(c)(3)	509 (a)(2)	No
The Nhp Foundation	Washington, DC	Real Estate	501(c)(3)	509(a)(2)	No
Walnut Affordable Housing Inc	Washington, DC	Real Estate	501(c)(3)	509(a)(3)	No
falls church housing corporation	washington, DC	real estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Orange Preservation Partners Lp	Washington, DC	Real Estate	$-151	$3,692	0.01%	No
Preservation Housing Iv LLC	Washington, DC	real estate	$-109	$3,237	0.01%	No
Ddg-nhpf I LLC	Washington Dc, DC	real estate	$-14	$2,819	0.51%	No
Foxwood Preservation Partners Lp	Washington, DC	real estate	$-145	$2,799	0.01%	No
ST LUKE'S PRESERVATION PARTNERS LP	Washington, DC	Real Estate	$-60	$1,967	0.01%	No
Preservation Housing Ii LLC	Washington, DC	real estate	$-23	$1,475	0.01%	No
Alabama Avenue Affordable Housing Lp	Washington, DC	real estate	$-45	$1,393	0.01%	No
ST LUKE'S MASTER TENANT LLC	Washington, DC	Real Estate	$3	$112	0.01%	No
250 Lp peppertree Manor	washington, DC	real estate	-	-	0.01%	Yes
Bayview Preservation Parners Limited Pa	Washington, DC	Real Estate	-	-	0.01%	No
Hollybush preservation partners	washington, DC	real estate	-	-	0.01%	Yes
Plaza Borinquen 88 Owner Lp	Washington, DC	Real estate	-	-	99%	No

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
PRESERVING LOUISIANA'S AFFORDABLE HSG I	Washington, DC	Real Estate	-	$6,348,088	Nhp Foundatn
PRESERVING LOUISIANA'S AFFORDABLE HSG II	Washington, DC	Real Estate	-	$5,468,515	Nhp Foundatn

Transactions with Related Organizations

Organization	Type	Method	Amount
The Nhp Foundation	N	-	$1,435,000

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Tenant Security Dep. Liability	$184,385
Interest Swap Liability	$77,397
Deferred Revenue, Net of Curre	$27,058
Due to Affiliate	$17,202
Accrued Interest Payable	$0

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: 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: No
Other officer compensation reviewed: No
Conflict-of-interest policy: Yes
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Part VI Section A Question 11

“THE BoarD reviews the form 990 and approves the form 990 on a phone call.”

Part VI Section B Questions 12, 13, and 14

“All policies are made at the nhp foundation level the organization supported by asmara affordable housing, inc. Asmara follows all of these policies as stated.”

Part VI Sectiob B Question 15

“All employees are compensated by the nhp foundation the organization supported by asmara affordable housing, inc.”

Part VI Section C Question 19C

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name: Asmara Affordable Housing Inc
EIN: 52-1928713
In Care Of: % THE LYND COMPANY
Phone: 2027895300
Address: 122 east 42nd street ste 3500 Suit, new york, NY 10168

Signing Officer

Name: Gary Parkinson
Title: Tmp
Signed: 2017-11-15
Discuss with paid preparer: Yes

Organization Details

Principal Officer: gary parkinson
Formed: 1995
Legal Domicile: TX
Voting Board Members: 5
Independent Board Members: 2
Employees: 0

Preparer

Firm: Cohnreznick Llp
Address: 7501 WISCONSIN AVENUE 400E, BETHESDA, MD 20814-6583
Preparer: Anne Schrantz CPA
Phone: 3016529100

Supplemental Narrative

Financial Statement Notes

fin 48

“Income Taxes The Corporation has applied for and received a determination letter 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 year ended December 31, 2016. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation 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 the Corporation has no other tax positions which must be considered for disclosure.”

Raw XML AppendixShowing 400 of 1,098 raw XML fields

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

Path	#	Value
IRS990/AccountantCompileOrReviewInd	0	false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt	0	317763
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt	0	611638
IRS990/AccountsReceivableGrp/BOYAmt	0	201892
IRS990/AccountsReceivableGrp/EOYAmt	0	44727
IRS990/ActivitiesConductedPrtshpInd	0	false
IRS990/ActivityOrMissionDesc	0	TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP, AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt	0	74393
IRS990/AdvertisingGrp/TotalAmt	0	74393
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt	0	141009
IRS990/AllOtherExpensesGrp/TotalAmt	0	141009
IRS990/AnnualDisclosureCoveredPrsnInd	0	true
IRS990/AuditCommitteeInd	0	true
IRS990/BenefitsToMembersGrp/TotalAmt	0	0
IRS990/BooksInCareOfDetail/PersonNm	0	THE LYND COMPANY
IRS990/BooksInCareOfDetail/PhoneNum	0	2107988146
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	8000 IH-10WEST SUITE 1200
IRS990/BooksInCareOfDetail/USAddress/CityNm	0	san antonio
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd	0	78230
IRS990/BusinessRlnWithFamMemInd	0	false
IRS990/BusinessRlnWithOfficerEntInd	0	false
IRS990/BusinessRlnWithOrgMemInd	0	false
IRS990/CashNonInterestBearingGrp/BOYAmt	0	613646
IRS990/CashNonInterestBearingGrp/EOYAmt	0	194315
IRS990/ChangeToOrgDocumentsInd	0	false
IRS990/CntrctRcvdGreaterThan100KCnt	0	0
IRS990/CollectionsOfArtInd	0	false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt	0	0
IRS990/CompDisqualPersonsGrp/TotalAmt	0	0
IRS990/CompensationFromOtherSrcsInd	0	false
IRS990/CompensationProcessCEOInd	0	false
IRS990/CompensationProcessOtherInd	0	false
IRS990/ConferencesMeetingsGrp/TotalAmt	0	0
IRS990/ConflictOfInterestPolicyInd	0	true
IRS990/ConservationEasementsInd	0	false
IRS990/ConsolidatedAuditFinclStmtInd	0	false
IRS990/CostOfGoodsSoldAmt	0	0
IRS990/CreditCounselingInd	0	false
IRS990/CYBenefitsPaidToMembersAmt	0	0
IRS990/CYContributionsGrantsAmt	0	0
IRS990/CYGrantsAndSimilarPaidAmt	0	0
IRS990/CYInvestmentIncomeAmt	0	709
IRS990/CYOtherExpensesAmt	0	5879216
IRS990/CYOtherRevenueAmt	0	0
IRS990/CYProgramServiceRevenueAmt	0	7203616
IRS990/CYRevenuesLessExpensesAmt	0	109970
IRS990/CYSalariesCompEmpBnftPaidAmt	0	1215139
IRS990/CYTotalExpensesAmt	0	7094355
IRS990/CYTotalFundraisingExpenseAmt	0	0
IRS990/CYTotalProfFndrsngExpnsAmt	0	0
IRS990/CYTotalRevenueAmt	0	7204325
IRS990/DAFExcessBusinessHoldingsInd	0	false
IRS990/DecisionsSubjectToApprovaInd	0	false
IRS990/DeductibleArtContributionInd	0	false
IRS990/DeductibleNonCashContriInd	0	false
IRS990/DeferredRevenueGrp/BOYAmt	0	75635
IRS990/DeferredRevenueGrp/EOYAmt	0	77708
IRS990/DelegationOfMgmtDutiesInd	0	false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt	0	697701
IRS990/DepreciationDepletionGrp/TotalAmt	0	697701
IRS990/Desc	0	PROVIDED 892 UNITS OF LOW INCOME HOUSING
IRS990/DescribedInSection501c3Ind	0	true
IRS990/DisregardedEntityInd	0	true
IRS990/DocumentRetentionPolicyInd	0	false
IRS990/DonorAdvisedFundInd	0	false
IRS990/ElectionOfBoardMembersInd	0	false
IRS990/EmployeeCnt	0	0
IRS990/EngagedInExcessBenefitTransInd	0	false
IRS990/EscrowAccountLiabilityGrp/BOYAmt	0	0
IRS990/EscrowAccountLiabilityGrp/EOYAmt	0	0
IRS990/ExpenseAmt	0	6334193
IRS990/FamilyOrBusinessRlnInd	0	false
IRS990/FederalGrantAuditRequiredInd	0	false
IRS990/FeesForServicesAccountingGrp/TotalAmt	0	0
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt	0	147877
IRS990/FeesForServicesLegalGrp/TotalAmt	0	147877
IRS990/FeesForServicesLobbyingGrp/TotalAmt	0	0
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt	0	281238
IRS990/FeesForServicesManagementGrp/TotalAmt	0	281238
IRS990/FeesForServicesOtherGrp/TotalAmt	0	0
IRS990/FeesForServicesProfFundraising/TotalAmt	0	0
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt	0	0
IRS990/ForeignActivitiesInd	0	false
IRS990/ForeignFinancialAccountInd	0	false
IRS990/ForeignGrantsGrp/TotalAmt	0	0
IRS990/ForeignOfficeInd	0	false
IRS990/Form8282PropertyDisposedOfInd	0	false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	0	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	1	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	2	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	3	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	4	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	5	34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	6	0.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	7	0.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	0	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	1	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	2	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	3	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	4	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	5	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	6	2.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	7	2.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	0	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	1	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	2	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	3	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	4	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	5	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	6	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	7	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	0	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	1	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	2	X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	0	22912
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	1	14092
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	2	29429
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	3	2000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	4	4248
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	5	27756
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	6	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	7	0
IRS990/Form990PartVIISectionAGrp/PersonNm	0	JOSEPH P WIEDORFER
IRS990/Form990PartVIISectionAGrp/PersonNm	1	RICHARD BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm	2	Thomas G Vaccaro
IRS990/Form990PartVIISectionAGrp/PersonNm	3	FRED C MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm	4	Gary Parkinson
IRS990/Form990PartVIISectionAGrp/PersonNm	5	steve green
IRS990/Form990PartVIISectionAGrp/PersonNm	6	Herman Brown
IRS990/Form990PartVIISectionAGrp/PersonNm	7	Desurra Huckaby
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	0	258807
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	1	673302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	2	229969
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	3	256346
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	4	234884
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	5	397700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	CEO and Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	4	treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	Board Member
IRS990/Form990ProvidedToGvrnBodyInd	0	true
IRS990/FormationYr	0	1995
IRS990/FormerOfcrEmployeesListedInd	0	false
IRS990/FSAuditedInd	0	true
IRS990/FundraisingActivitiesInd	0	false
IRS990/FundraisingDirectExpensesAmt	0	0
IRS990/FundraisingGrossIncomeAmt	0	0
IRS990/GamingActivitiesInd	0	false
IRS990/GamingDirectExpensesAmt	0	0
IRS990/GamingGrossIncomeAmt	0	0
IRS990/GoverningBodyVotingMembersCnt	0	5
IRS990/GrantsPayableGrp/BOYAmt	0	0
IRS990/GrantsPayableGrp/EOYAmt	0	0
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt	0	0
IRS990/GrantsToDomesticOrgsGrp/TotalAmt	0	0
IRS990/GrantsToIndividualsInd	0	false
IRS990/GrantsToOrganizationsInd	0	false
IRS990/GrantToRelatedPersonInd	0	false
IRS990/GrossReceiptsAmt	0	7204325
IRS990/GrossSalesOfInventoryAmt	0	0
IRS990/GroupReturnForAffiliatesInd	0	false
IRS990/IncludeFIN48FootnoteInd	0	true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt	0	0
IRS990/IndependentAuditFinclStmtInd	0	true
IRS990/IndependentVotingMemberCnt	0	2
IRS990/IndivRcvdGreaterThan100KCnt	0	0
IRS990/IndoorTanningServicesInd	0	false
IRS990/InfoInScheduleOPartIIIInd	0	X
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InformationTechnologyGrp/TotalAmt	0	0
IRS990/InsuranceGrp/ProgramServicesAmt	0	264123
IRS990/InsuranceGrp/TotalAmt	0	264123
IRS990/IntangibleAssetsGrp/BOYAmt	0	551633
IRS990/IntangibleAssetsGrp/EOYAmt	0	0
IRS990/InterestGrp/FundraisingAmt	0	0
IRS990/InterestGrp/ProgramServicesAmt	0	39292
IRS990/InterestGrp/TotalAmt	0	39292
IRS990/InventoriesForSaleOrUseGrp/BOYAmt	0	0
IRS990/InventoriesForSaleOrUseGrp/EOYAmt	0	0
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	709
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	709
IRS990/InvestmentInJointVentureInd	0	false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt	0	0
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/BOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/EOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/BOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	13758614
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	11133641
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	11091292
IRS990/LandBldgEquipCostOrOtherBssAmt	0	24849906
IRS990/LegalDomicileStateCd	0	TX
IRS990/LoanOutstandingInd	0	false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt	0	0
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt	0	0
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	true
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP, AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	17710000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	16639541
IRS990/NetAssetsOrFundBalancesBOYAmt	0	-3772635
IRS990/NetAssetsOrFundBalancesEOYAmt	0	-3662665
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/ProgramServicesAmt	0	705174
IRS990/OccupancyGrp/TotalAmt	0	705174
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt	0	115645
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	1520958
IRS990/OfficeExpensesGrp/TotalAmt	0	1636603
IRS990/OfficerMailingAddressInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	185548
IRS990/OtherAssetsTotalGrp/EOYAmt	0	275143
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	114248
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	114248
IRS990/OtherExpensesGrp/Desc	0	OTHER TAXES & LICENSES
IRS990/OtherExpensesGrp/Desc	1	REPAIRS/MAINTENANCE
IRS990/OtherExpensesGrp/Desc	2	OTHER FINANCIAL FEES
IRS990/OtherExpensesGrp/Desc	3	OTHER RENTING EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	6736
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	1438566
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	363717
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	82787
IRS990/OtherExpensesGrp/TotalAmt	0	6736
IRS990/OtherExpensesGrp/TotalAmt	1	1438566
IRS990/OtherExpensesGrp/TotalAmt	2	363717
IRS990/OtherExpensesGrp/TotalAmt	3	82787
IRS990/OtherLiabilitiesGrp/BOYAmt	0	557853
IRS990/OtherLiabilitiesGrp/EOYAmt	0	306042
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	978620
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	978620
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt	0	0
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/OwnWebsiteInd	0	X
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	122271
IRS990/PayrollTaxesGrp/TotalAmt	0	122271
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt	0	0
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	97086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	103475
IRS990/PrincipalOfficerNm	0	gary parkinson
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc	1	OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	6578171
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	625445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	6578171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	625445
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	0
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	454
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	4837610
IRS990/PYOtherRevenueAmt	0	0
IRS990/PYProgramServiceRevenueAmt	0	6768127
IRS990/PYRevenuesLessExpensesAmt	0	691301
IRS990/PYSalariesCompEmpBnftPaidAmt	0	1239670
IRS990/PYTotalExpensesAmt	0	6077280
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	6768581
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt	0	0
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	109970
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/RentalIncomeOrLossGrp/PersonalAmt	0	0
IRS990/RentalIncomeOrLossGrp/RealAmt	0	0
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RevenueAmt	0	7203616
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	2105170
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	2263312
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgClassDesignatedInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd	0	true
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	521636004
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	7
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	THE NHP FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType1Ind	0	X
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	8536907
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	13758614
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	22295521
IRS990ScheduleD/ExpensesSubtotalAmt	0	7094355
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt	0	0
IRS990ScheduleD/FootnoteTextInd	0	X
IRS990ScheduleD/LandGrp/BookValueAmt	0	2554385
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	2554385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	184385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	17202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	77397
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	27058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	4	0
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	TENANT SECURITY DEP. LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	INTEREST SWAP LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	DEFERRED REVENUE, NET OF CURRE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	4	ACCRUED INTEREST PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt	0	7204325
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	Income Taxes The Corporation has applied for and received a determination letter 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 year ended December 31, 2016. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation 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 the Corporation has no other tax positions which must be considered for disclosure.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	fin 48
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	11091292
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	7094355
IRS990ScheduleD/TotalLiabilityAmt	0	306042
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	7204325
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	7204325
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	7094355
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd	0	X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/CompensationCommitteeInd	0	X
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	0	80000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	1	225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	2	65000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	3	75000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	4	65000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	5	100000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	154807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	448302

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $13,972,264
Liabilities: $17,634,929
Net assets: -$3,662,665
Revenue: $7,204,325
Expenses: $7,094,355
Net income: $109,970

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2023Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2021Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2017Detailed filing. Detailed filing data is available for this year.	$1.53	$0.13	$1.39	$39.0	$33.9	$5.06
2016Detailed filing. Detailed filing data is available for this year.	$14.0	$17.6	$3.66	$7.20	$7.09	$0.11
2015Detailed filing. Detailed filing data is available for this year.	$14.9	$18.7	$3.77	$6.77	$6.08	$0.69
2014Detailed filing. Detailed filing data is available for this year.	$15.1	$19.6	$4.46	$6.39	$5.55	$0.84
2013Summary only. Only limited summary data is available for this year.	$15.4	$20.7	$5.30	$6.15	$5.26	$0.89
2012Summary only. Only limited summary data is available for this year.	$16.0	$22.2	$6.20	$5.83	$5.24	$0.59
2011Summary only. Only limited summary data is available for this year.	$16.5	$23.3	$6.78	$5.42	$5.72	$0.31