Civic Intelligence

C-Hp Cove Inc.

990 • Fiscal year 2019 • EIN 52-1949584

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

Organization ProfileN/A
122 East 42nd Street No 4900New York, NY 10168

(646) 336-4936

Siviq Scores

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

Liabilities / Assets

100th percentile

3.11x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

5.08x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Net Margin

65th percentile

7.5%

Higher net margin than 65% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$714,410

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Asset Growth

21st percentile

-4.4%

Faster asset growth than 21% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

2.4%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$8,155,345

Down $379,569 (-4.4%) from 2018

Net Assets

Up

-$17,194,617

Up $375,259 (+2.1%) from 2018

Liabilities

Down

$25,349,962

Down $754,828 (-2.9%) from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin65th percentile

Revenue

Up

$4,990,992

Up $115,432 (+2.4%) from 2018

Expenses

Down

$4,615,733

Down $143,250 (-3.0%) from 2018

Net Income

Up

$375,259

Up $258,682 (+222%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$60M$40M$20M$0-$20M-$40MAssets 2011: $9,427,446Liabilities 2011: $17,165,214Net Assets 2011: -$7,737,7682011Assets 2012: $10,078,057Liabilities 2012: $18,265,737Net Assets 2012: -$8,187,6802012Assets 2013: $10,247,196Liabilities 2013: $18,074,947Net Assets 2013: -$7,827,7512013Assets 2014: $7,690,549Liabilities 2014: $17,920,317Net Assets 2014: -$10,229,7682014Assets 2015: $7,723,167Liabilities 2015: $17,523,954Net Assets 2015: -$9,800,7872015Assets 2016: $7,913,594Liabilities 2016: $17,252,694Net Assets 2016: -$9,339,1002016Assets 2017: $7,868,889Liabilities 2017: $25,555,342Net Assets 2017: -$17,686,4532017Assets 2018: $8,534,914Liabilities 2018: $26,104,790Net Assets 2018: -$17,569,8762018Assets 2019: $8,155,345Liabilities 2019: $25,349,962Net Assets 2019: -$17,194,6172019Assets 2020: $7,937,500Liabilities 2020: $24,583,686Net Assets 2020: -$16,646,1862020Assets 2021: $8,025,727Liabilities 2021: $40,265,404Net Assets 2021: -$32,239,6772021Assets 2022: $7,740,852Liabilities 2022: $39,535,388Net Assets 2022: -$31,794,5362022Assets 2023: $7,423,973Liabilities 2023: $38,704,934Net Assets 2023: -$31,280,9612023Assets 2024: $9,486,037Liabilities 2024: $40,129,441Net Assets 2024: -$30,643,4042024

Highlighted filing

2019

Assets$8,155,345
Liabilities$25,349,962
Net Assets-$17,194,617
Open 2019 Filing

Operations Trend

Revenue Growth55th percentile

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

$30M$20M$10M$0-$10M-$20MRevenue 2011: $4,082,358Expenses 2011: $4,106,936Net Income 2011: -$24,5782011Expenses 2012: $4,593,4482012Revenue 2013: $4,198,669Expenses 2013: $3,838,740Net Income 2013: $359,9292013Revenue 2014: $4,336,689Expenses 2014: $6,738,706Net Income 2014: -$2,402,0172014Revenue 2015: $4,447,791Expenses 2015: $4,018,810Net Income 2015: $428,9812015Revenue 2016: $4,535,006Expenses 2016: $4,073,319Net Income 2016: $461,6872016Revenue 2017: $4,714,697Expenses 2017: $13,062,050Net Income 2017: -$8,347,3532017Revenue 2018: $4,875,560Expenses 2018: $4,758,983Net Income 2018: $116,5772018Revenue 2019: $4,990,992Expenses 2019: $4,615,733Net Income 2019: $375,2592019Revenue 2020: $5,205,396Expenses 2020: $4,656,965Net Income 2020: $548,4312020Revenue 2021: $5,367,385Expenses 2021: $20,960,876Net Income 2021: -$15,593,4912021Revenue 2022: $5,650,588Expenses 2022: $5,205,447Net Income 2022: $445,1412022Revenue 2023: $5,923,256Expenses 2023: $5,409,681Net Income 2023: $513,5752023Revenue 2024: $6,363,986Expenses 2024: $5,726,429Net Income 2024: $637,5572024

Highlighted filing

2019

Revenue$4,990,992
Expenses$4,615,733
Net Income$375,259
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.1
Gross Receipts
$4,990,992
Mission and Program Overview

Mission

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

The corporations's purpose is to provide low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,289,019$6,935,865▼ $353,154
Investments Program Related$293,800$288,275▼ $5,525
Prepaid Expenses and Deferred Charges$183,468$191,404▲ $7,936
Intangible Assets$239,250$179,191▼ $60,059
Cash and Non-Interest-Bearing Accounts$154,001$77,922▼ $76,079
Accounts Receivable$21,445$27,933▲ $6,488
Total Assets$8,534,914$8,155,345▼ $379,569
Other Assets Total$353,931$454,755▲ $100,824
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,233,336$23,704,872▼ $528,464
Other Liabilities$1,690,256$1,472,003▼ $218,253
Accounts Payable and Accrued Expenses$143,653$142,288▼ $1,365
Deferred Revenue$37,545$30,799▼ $6,746
Total Liabilities$26,104,790$25,349,962▼ $754,828
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-17,569,876$-17,194,617▲ $375,259
Total Net Assets Fund Balance$-17,569,876$-17,194,617▲ $375,259
Total Liabilities and Net Assets / Fund Balance$8,534,914$8,155,345▼ $379,569

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,483,256$10,693,835$16,177,091
Other Land Buildings$522,609$2,684,863$3,207,472
Land$930,000-$930,000
Other Assets Org$402,261--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleOtherTotal
Alla EleonTreasurer$92,677$92,677

Board Members and Trustees

NameTitle
Richard F BurnsPresident
Gary ParkinsonPast Treasurer
Karen CaldwellTreasurer
Fred C MitchellVP
Hugh JacobsVP
John CorbettVP
Joseph P Wiedorfer JrVP
Patrick FryVP
Steve GreenVP
Thomas G VaccaroVP/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Partnership INCManagement, Payroll & Social Services2001 W BLUE HERON BLVD, Riviera Beach, FL 33404$829,432
Tropic BuilderRepair & Maintenance2234 N FEDERAL HWY STE 493, Boca Raton, FL 33431$149,165
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,990,992
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$375,259

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,990,992
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,990,992
Total Revenue per Form 990
$4,990,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,071,915
Salaries, Compensation, and Employee Benefits$543,818
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,211,488--$1,211,488
Depreciation Depletion$781,344--$781,344
Occupancy$653,259--$653,259
Insurance$510,793--$510,793
Other Salaries and Wages$424,488--$424,488
Fees for Services Management$169,704$60,688-$230,392
Other Employee Benefits$78,496--$78,496
All Other Expenses$37,964--$37,964
Payroll Taxes$34,697--$34,697
Office Expenses$24,105--$24,105
Fees for Services Accounting-$24,000-$24,000
Other Expenses$42,373$22,911-$22,911
Information Technology$14,056--$14,056
Advertising$13,384--$13,384
Fees for Services Legal-$9,100-$9,100
Pension Plan Contributions$6,137--$6,137
Total Functional Expenses$4,499,034$116,699$0$4,615,733

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,615,733
Total Expenses per Audited Statements$4,615,733
Total Expenses per Form 990$4,615,733
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
Notes Payable Related Parties$1,426,336
Tenant Security Deposits Payable$45,667
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 board delegates the review of the form 990 to the audit committee of the nhp foundation. Nhpf's audit committee reviews the 990 and reports to the full board of nhp foundation its recommendations and then the board of nhpf approves the 990.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“John corbett - 2001 w. Blue heron blvd, riviera beach, fl 33404.”

Filing and Contact Details

Filer

Filer Name
Chp Cove Inc
EIN
52-1949584
Phone
6463364936
Address
122 EAST 42ND STREET NO 4900, NEW YORK, NY 10168

Signing Officer

Name
Alla Eleon
Title
Treasurer
Phone
6463364940
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard F Burns
Formed
1995
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation is classified as exempt from federal income tax under section 501(c)(3) of the internal revenue code. The corporation has adopted the provisions of fasb interpretation no. 48, accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. The corporation does not believe its financial statements include any uncertain tax positions and that no income taxes are due for its activities. Therefore, no provision for income taxes is included in the financial statements.”

Raw XML AppendixShowing 400 of 1,518 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/InformationTechnologyGrp/TotalAmt014056
IRS990/InsuranceGrp/ProgramServicesAmt0510793
IRS990/InsuranceGrp/TotalAmt0510793
IRS990/IntangibleAssetsGrp/BOYAmt0239250
IRS990/IntangibleAssetsGrp/EOYAmt0179191
IRS990/InterestGrp/ProgramServicesAmt01211488
IRS990/InterestGrp/TotalAmt01211488
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0293800
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0288275
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013378698
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07289019
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06935865
IRS990/LandBldgEquipCostOrOtherBssAmt020314563
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt024233336
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt023704872
IRS990/NetAssetsOrFundBalancesBOYAmt0-17569876
IRS990/NetAssetsOrFundBalancesEOYAmt0-17194617
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-17569876
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-17194617
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0653259
IRS990/OccupancyGrp/TotalAmt0653259
IRS990/OfficeExpensesGrp/ProgramServicesAmt024105
IRS990/OfficeExpensesGrp/TotalAmt024105
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0353931
IRS990/OtherAssetsTotalGrp/EOYAmt0454755
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt078496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt078496
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1RESIDENT & SOCIAL SERVI
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022911
IRS990/OtherExpensesGrp/ProgramServicesAmt0367914
IRS990/OtherExpensesGrp/ProgramServicesAmt1128832
IRS990/OtherExpensesGrp/ProgramServicesAmt242373
IRS990/OtherExpensesGrp/TotalAmt0367914
IRS990/OtherExpensesGrp/TotalAmt1128832
IRS990/OtherExpensesGrp/TotalAmt242373
IRS990/OtherExpensesGrp/TotalAmt322911
IRS990/OtherLiabilitiesGrp/BOYAmt01690256
IRS990/OtherLiabilitiesGrp/EOYAmt01472003
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0424488
IRS990/OtherSalariesAndWagesGrp/TotalAmt0424488
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt034697
IRS990/PayrollTaxesGrp/TotalAmt034697
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06137
IRS990/PensionPlanContributionsGrp/TotalAmt06137
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0183468
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0191404
IRS990/PrincipalOfficerNm0RICHARD F BURNS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY & VENDING INCO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04990903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04990903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt189
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04207050
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04875560
IRS990/PYRevenuesLessExpensesAmt0116577
IRS990/PYSalariesCompEmpBnftPaidAmt0551933
IRS990/PYTotalExpensesAmt04758983
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04875560
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0375259
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04990992
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04990992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04875560
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04714697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04535006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04447777
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt023564032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt023564032
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04990992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04875560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04714697
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04535006
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04447777
IRS990ScheduleA/Total509Grp/TotalAmt023564032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04990992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04875560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04714697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04535006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04447791
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023564046
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05483256
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010693835
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016177091
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04615733
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0930000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0930000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt045157
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17337
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2402261
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TAX AND INSURANCE ESCROWS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0522609
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02684863
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03207472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11426336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE RELATED PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04990992
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS CLASSIFIED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06935865
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0454755
IRS990ScheduleD/TotalExpensesPerForm990Amt04615733
IRS990ScheduleD/TotalLiabilityAmt01472003
IRS990ScheduleD/TotalRevenuePerForm990Amt04990992
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04990992
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04615733
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$8,155,345
Liabilities
$25,349,962
Net assets
-$17,194,617
Revenue
$4,990,992
Expenses
$4,615,733
Net income
$375,259
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.49$40.1$30.6$6.36$5.73$0.64
2023Summary only. Only limited summary data is available for this year.$7.42$38.7$31.3$5.92$5.41$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.74$39.5$31.8$5.65$5.21$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.03$40.3$32.2$5.37$21.0$15.6
2020Summary only. Only limited summary data is available for this year.$7.94$24.6$16.6$5.21$4.66$0.55
2019Detailed filing. Detailed filing data is available for this year.$8.16$25.3$17.2$4.99$4.62$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.53$26.1$17.6$4.88$4.76$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.87$25.6$17.7$4.71$13.1$8.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.91$17.3$9.34$4.54$4.07$0.46
2015Summary only. Only limited summary data is available for this year.$7.72$17.5$9.80$4.45$4.02$0.43
2014Detailed filing. Detailed filing data is available for this year.$7.69$17.9$10.2$4.34$6.74$2.40
2013Detailed filing. Detailed filing data is available for this year.$10.2$18.1$7.83$4.20$3.84$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$18.3$8.19$4.59
2011Summary only. Only limited summary data is available for this year.$9.43$17.2$7.74$4.08$4.11$0.02