Civic Intelligence

Foresight Affordable Housing of Maryland Inc

EIN 52-1962141 • 501(c)3 • Ventnor City, NJ

Profile

Foresight affordable housing of maryland, inc. Was formed under the low-income housing preservation and resident homeownership act of 1990 ("lihprha") to operate an apartment complex of 207 units located in baltimore, maryland.

6601 Ventnor AvenueVentnor City, NJ 08406

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

1st percentile

-1944782%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$92,798

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 32560.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $5,542,630 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $5,542,630 (-100%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Down

$285

Down $55,333 (-99%) from 2020

Expenses

Up

$5,542,915

Up $5,542,055 (+644425%) from 2020

Net Income

Down

-$5,542,630

Down $5,597,388 (-10222%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,940,980Liabilities 2010: $280,573Net Assets 2010: $4,660,4072010Assets 2011: $5,142,110Liabilities 2011: $224,739Net Assets 2011: $4,917,3712011Assets 2012: $5,236,259Liabilities 2012: $200,812Net Assets 2012: $5,035,4472012Assets 2013: $5,543,386Liabilities 2013: $203,765Net Assets 2013: $5,339,6212013Assets 2014: $5,599,533Liabilities 2014: $229,582Net Assets 2014: $5,369,9512014Assets 2015: $5,177,187Liabilities 2015: $0Net Assets 2015: $5,177,1872015Assets 2016: $5,211,759Liabilities 2016: $333Net Assets 2016: $5,211,4262016Assets 2017: $5,258,996Liabilities 2017: $1,730Net Assets 2017: $5,257,2662017Assets 2018: $5,382,691Liabilities 2018: $0Net Assets 2018: $5,382,6912018Assets 2019: $5,487,872Liabilities 2019: $0Net Assets 2019: $5,487,8722019Assets 2020: $5,542,630Liabilities 2020: $0Net Assets 2020: $5,542,6302020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $2,282,9572010Expenses 2011: $2,403,5532011Expenses 2012: $2,551,0632012Revenue 2013: $2,657,091Expenses 2013: $2,352,917Net Income 2013: $304,1742013Revenue 2014: $2,689,370Expenses 2014: $2,659,040Net Income 2014: $30,3302014Revenue 2015: -$14,312Expenses 2015: $178,452Net Income 2015: -$192,7642015Revenue 2016: $50,752Expenses 2016: $16,513Net Income 2016: $34,2392016Revenue 2017: $47,582Expenses 2017: $1,742Net Income 2017: $45,8402017Revenue 2018: $126,105Expenses 2018: $680Net Income 2018: $125,4252018Revenue 2019: $107,992Expenses 2019: $2,811Net Income 2019: $105,1812019Revenue 2020: $55,618Expenses 2020: $860Net Income 2020: $54,7582020Revenue 2021: $285Expenses 2021: $5,542,915Net Income 2021: -$5,542,6302021

Highlighted filing

2021

Revenue$285
Expenses$5,542,915
Net Income-$5,542,630
Open 2021 Filing

Filings

Most recent year

2021 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$285
Expenses
$5,542,915
Net income
-$5,542,630
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$5.54$5.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$0.00$5.54$0.06$0.00$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.00$5.49$0.11$0.00$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$0.00$5.38$0.13$0.00$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$0.00$5.26$0.05$0.00$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.21$0.00$5.21$0.05$0.02$0.03
2015Detailed filing. Detailed filing data is available for this year.$5.18$0.00$5.18$0.01$0.18$0.19
2014Detailed filing. Detailed filing data is available for this year.$5.60$0.23$5.37$2.69$2.66$0.03
2013Detailed filing. Detailed filing data is available for this year.$5.54$0.20$5.34$2.66$2.35$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.20$5.04$2.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$0.22$4.92$2.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$0.28$4.66$2.28
Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 15, 2017
Return Version
2016v3.0
Gross Receipts
$50,752
Mission and Program Overview

Mission

Foresight affordable housing of maryland, inc. Was formed under the low-income housing preservation and resident homeownership act of 1990 ("lihprha") to operate an apartment complex of 207 units located in baltimore, maryland.

Foresight Affordable Housing of Maryland, Inc. was orginially formed to be a provider of affordable housing for a 207 unit community through funding from the Low Income Housing Preservation and Resident Homeownership Act of 1990. The asset was sold on January 12, 2015.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,736,586$2,764,158▲ $27,572
Other Notes and Loans Receivable, Net$2,400,000$2,447,601▲ $47,601
Total Assets$5,177,187$5,211,759▲ $34,572
Other Assets Total$40,601--
Liabilities
Accounts Payable and Accrued Expenses-$333-
Total Liabilities$0$333▲ $333
Net Assets / Fund Balance
Unrestricted Net Assets$5,177,187$5,211,426▲ $34,239
Total Net Assets Fund Balance$5,177,187$5,211,426▲ $34,239
Total Liabilities and Net Assets / Fund Balance$5,177,187$5,211,759▲ $34,572
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Donald ReapePresident$66,648$66,648
Morton SchomerVice President$29,059$29,059
Bruce JohnsonSecretaryTreasurer$14,278$14,278
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$48,189
Other Revenue
$2,563
Change in Net Assets
$34,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,513
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
Fees for Services Accounting$4,200--$4,200
Other Expenses$333--$333
Total Functional Expenses$16,513$0$0$16,513
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The Finance Committee is empowered to approve Form 990 on behalf of the Board.”

Conflict of interest policy compliance Part VI line 12C

“In order to monitor and enforce the organiations conflict of interest policy, the Board Members provide annual disclosure statements to Foresight Affordable Housing of MD, Inc.”

Governing documents etc available to public Part VI line 19

“The governing documents, conflict of interst policy and financial statements of Foresight Affordable Housing of MD, Inc. are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Foresight Affordable Housing of MD Inc
EIN
52-1962141
Address
6601 Ventnor Avenue, Ventnor City, NJ 08406

Signing Officer

Name
Donald J Reape
Title
President
Phone
6098232500
Signed
2017-03-15
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Claire B Kuhar CPA
Address
679 Saint Andrews Drive, Egg Harbor City, NJ 08215
Preparer
Claire B Kuhar CPA
Phone
6099090285
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

“Part III - Line 3Foresight Affordable Housing of MD, Inc. sold the 207 unit Affordable Housing Community on January 12, 2015. No program services have been provided since that date. Organization is currently awaiting the acquisitoin of another affordable housing community.”

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“Schedule D, Part X, Questions 2:As of December 31, 2016, the Organization did not identify and uncertain tax positions taken or expected to be taken on an income tax return which would require adjustment to or disclosure in its financial statements. In addition, Foresight Affordable Housing of Maryland, Inc. believes it has not engaged in any activities for wihich its tax-exempt status would not be sustained under Internal Revenue Service examination. Generally, the Organization is potentially subject to IRS Income Tax examinations for three (3) years.”

Raw XML Appendix353 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0333
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Foresight Affordable Housing of Maryland, Inc. was orginially formed to be a provider of affordable housing for a 207 unit community through funding from the Low Income Housing Preservation and Resident Homeownership Act of 1990. The asset was sold on January 12, 2015.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Foresight Affordable Housing Inc
IRS990/BooksInCareOfDetail/PhoneNum06098232500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06601 Ventnor Avenue Suite 23
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ventnor City
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008406
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02736586
IRS990/CashNonInterestBearingGrp/EOYAmt02764158
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048189
IRS990/CYOtherExpensesAmt016513
IRS990/CYOtherRevenueAmt02563
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt034239
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt016513
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt050752
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Prior to 01/13/2015: To operate and maintain an Affordable Housing Community consisting of 207 units.Currently awaiting the acquistion of another Affordable Housing Community from its sale proceeds.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt016513
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04200
IRS990/FeesForServicesAccountingGrp/TotalAmt04200
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Donald Reape
IRS990/Form990PartVIISectionAGrp/PersonNm1Morton Schomer
IRS990/Form990PartVIISectionAGrp/PersonNm2Bruce Johnson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt066648
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt129059
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt214278
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2SecretaryTreasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt050752
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt048189
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048189
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Foresight Affordable Housing of Maryland, Inc. was orginially formed to be a provider of affordable housing for a 207 unit community through funding from the Low Income Housing Preservation and Resident Homeownership Act of 1990. The asset was sold on January 12, 2015.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05177187
IRS990/NetAssetsOrFundBalancesEOYAmt05211426
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt040601
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Insurance Deductible
IRS990/OtherExpensesGrp/Desc1Injury Claims
IRS990/OtherExpensesGrp/Desc2Registered Agent Fee
IRS990/OtherExpensesGrp/Desc3Office Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt05000
IRS990/OtherExpensesGrp/ProgramServicesAmt16870
IRS990/OtherExpensesGrp/ProgramServicesAmt2110
IRS990/OtherExpensesGrp/ProgramServicesAmt3333
IRS990/OtherExpensesGrp/TotalAmt05000
IRS990/OtherExpensesGrp/TotalAmt16870
IRS990/OtherExpensesGrp/TotalAmt2110
IRS990/OtherExpensesGrp/TotalAmt3333
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0Post Closing Escrow
IRS990/OtherRevenueMiscGrp/ExclusionAmt02563
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02563
IRS990/OtherRevenueTotalAmt02563
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02400000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02447601
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-329174
IRS990/PYOtherExpensesAmt0126061
IRS990/PYOtherRevenueAmt0122929
IRS990/PYProgramServiceRevenueAmt0191933
IRS990/PYRevenuesLessExpensesAmt0-192764
IRS990/PYSalariesCompEmpBnftPaidAmt052391
IRS990/PYTotalExpensesAmt0178452
IRS990/PYTotalRevenueAmt0-14312
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt034239
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TAX YEAR 2012 2013 2014 2015 2016 TotalMiscellaneous 20,517 18,073 122,929 5,685 2,562 169,766
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other income Part II line 10 or Part III line 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt058015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02553
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05561
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07556
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0121874
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0191933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02661383
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02634729
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02641066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08129111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048189
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt058015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02553
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05561
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07556
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0121874
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00710
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02562
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05685
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0122929
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt018073
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt020517
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0169766
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96540
IRS990ScheduleA/PublicSupportPY509Pct00.97650
IRS990ScheduleA/PublicSupportTotal509Amt08129111
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0191933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02661383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02634729
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02641066
IRS990ScheduleA/Total509Grp/TotalAmt08129111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0255633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02786865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02658363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02669139
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08420751
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Schedule D, Part X, Questions 2:As of December 31, 2016, the Organization did not identify and uncertain tax positions taken or expected to be taken on an income tax return which would require adjustment to or disclosure in its financial statements. In addition, Foresight Affordable Housing of Maryland, Inc. believes it has not engaged in any activities for wihich its tax-exempt status would not be sustained under Internal Revenue Service examination. Generally, the Organization is potentially subject to IRS Income Tax examinations for three (3) years.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Finance Committee is empowered to approve Form 990 on behalf of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In order to monitor and enforce the organiations conflict of interest policy, the Board Members provide annual disclosure statements to Foresight Affordable Housing of MD, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents, conflict of interst policy and financial statements of Foresight Affordable Housing of MD, Inc. are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part III - Line 3Foresight Affordable Housing of MD, Inc. sold the 207 unit Affordable Housing Community on January 12, 2015. No program services have been provided since that date. Organization is currently awaiting the acquisitoin of another affordable housing community.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Cessation of or significant change to any program service Part III line 3
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