Civic Intelligence

Progressive Housing Partners Inc C/O Heritage Housing Partners Corp

990 • Fiscal year 2018 • EIN 52-2150802

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

Organization ProfileN/A
9770 Patuxent Woods Drive No 305Columbia, MD 21046

(443) 518-7685

Siviq Scores

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

Liabilities / Assets

97th percentile

1.97x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

12.54x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

37th percentile

-4.6%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

-0.9%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$410,659

Down $19,933 (-4.6%) from 2017

Net Assets

Down

-$399,682

Down $19,400 (-5.1%) from 2017

Liabilities

Down

$810,341

Down $533 (-0.1%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin12th percentile

Revenue

Down

$64,633

Down $589 (-0.9%) from 2017

Expenses

Up

$84,033

Up $3,435 (+4.3%) from 2017

Net Income

Down

-$19,400

Down $4,024 (-26%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2011: $587,425Liabilities 2011: $880,998Net Assets 2011: -$293,5732011Assets 2012: $559,385Liabilities 2012: $881,540Net Assets 2012: -$322,1552012Assets 2013: $541,102Liabilities 2013: $862,495Net Assets 2013: -$321,3932013Assets 2014: $468,871Liabilities 2014: $808,409Net Assets 2014: -$339,5382014Assets 2015: $448,492Liabilities 2015: $805,405Net Assets 2015: -$356,9132015Assets 2016: $439,597Liabilities 2016: $804,503Net Assets 2016: -$364,9062016Assets 2017: $430,592Liabilities 2017: $810,874Net Assets 2017: -$380,2822017Assets 2018: $410,659Liabilities 2018: $810,341Net Assets 2018: -$399,6822018Assets 2019: $389,248Liabilities 2019: $810,853Net Assets 2019: -$421,6052019Assets 2020: $375,406Liabilities 2020: $820,352Net Assets 2020: -$444,9462020Assets 2021: $347,743Liabilities 2021: $811,491Net Assets 2021: -$463,7482021Assets 2022: $323,458Liabilities 2022: $814,356Net Assets 2022: -$490,8982022Assets 2023: $287,046Liabilities 2023: $809,997Net Assets 2023: -$522,9512023Assets 2024: $255,889Liabilities 2024: $818,947Net Assets 2024: -$563,0582024

Highlighted filing

2018

Assets$410,659
Liabilities$810,341
Net Assets-$399,682
Open 2018 Filing

Operations Trend

Revenue Growth46th percentile

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

$100K$50K$0-$50KRevenue 2011: $45,950Expenses 2011: $87,872Net Income 2011: -$41,9222011Expenses 2012: $80,0492012Revenue 2013: $44,317Expenses 2013: $72,883Net Income 2013: -$28,5662013Revenue 2014: $51,346Expenses 2014: $69,491Net Income 2014: -$18,1452014Revenue 2015: $56,058Expenses 2015: $73,433Net Income 2015: -$17,3752015Revenue 2016: $61,716Expenses 2016: $69,709Net Income 2016: -$7,9932016Revenue 2017: $65,222Expenses 2017: $80,598Net Income 2017: -$15,3762017Revenue 2018: $64,633Expenses 2018: $84,033Net Income 2018: -$19,4002018Revenue 2019: $65,102Expenses 2019: $87,025Net Income 2019: -$21,9232019Revenue 2020: $61,175Expenses 2020: $84,516Net Income 2020: -$23,3412020Revenue 2021: $60,463Expenses 2021: $79,265Net Income 2021: -$18,8022021Revenue 2022: $53,816Expenses 2022: $80,966Net Income 2022: -$27,1502022Revenue 2023: $46,487Expenses 2023: $78,540Net Income 2023: -$32,0532023Revenue 2024: $42,974Expenses 2024: $83,081Net Income 2024: -$40,1072024

Highlighted filing

2018

Revenue$64,633
Expenses$84,033
Net Income-$19,400
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$64,633
Mission and Program Overview

Mission

Provide housing assisted units to mentally challenged and developmentally disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$382,129$380,394▼ $1,735
Prepaid Expenses and Deferred Charges$2,155$2,125▼ $30
Accounts Receivable$215$1,848▲ $1,633
Cash and Non-Interest-Bearing Accounts$7,721$825▼ $6,896
Loans From Officers Directors$145--
Total Assets$430,592$410,659▼ $19,933
Other Assets Total$38,372$25,467▼ $12,905
Liabilities
Mortgage Notes Payable Secured by Investment Property$799,100$799,100→ $0
Accounts Payable and Accrued Expenses$7,916$7,428▼ $488
Escrow Account Liability$3,713$3,813▲ $100
Total Liabilities$810,874$810,341▼ $533
Net Assets / Fund Balance
Unrestricted Net Assets$-380,282$-399,682▼ $19,400
Total Net Assets Fund Balance$-380,282$-399,682▼ $19,400
Total Liabilities and Net Assets / Fund Balance$430,592$410,659▼ $19,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$279,969$424,301$704,270
Land$71,994-$71,994
Equipment$28,431$17,809$46,240
Other Assets Org$15,799--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Jay RaksinPresident
Judi OlingerVice President
Gary CarterBoard Member
Nilakanta VenkateshPartial Year Board Member
Karen BoothSecretary
Derwood BrooksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$64,585
Investment Income
$48
Other Revenue
$0
Change in Net Assets
$-19,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$64,633
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$64,633
Total Revenue per Form 990
$64,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,230
Salaries, Compensation, and Employee Benefits$7,803
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$26,641--$26,641
Occupancy$22,082--$22,082
Fees for Services Accounting-$8,125-$8,125
Fees for Services Management-$7,784-$7,784
Other Salaries and Wages$6,665--$6,665
Office Expenses$3,048--$3,048
Payroll Taxes$900--$900
Other Expenses$254--$254
Other Employee Benefits$238--$238
Fees for Services Legal$109--$109
Travel$82--$82
Total Functional Expenses$68,124$15,909$0$84,033

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$84,033
Total Expenses per Audited Statements$84,033
Total Expenses per Form 990$84,033
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$145--
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Day to day operations are performed by the management company”

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

“The 990 will be sent to the board for review and comment”

Form 990, Part VI, Section B, Line 12C

“The corporation's conflict of interest policy requires that no member of the board shall participate in any discussion or vote on any matter in which the member or their immediate family has a potential conflict of interest. The policy requires members with potential conflicts to announce the conflicts and excuse themselves from the meeting until the discussion over said matter is resolved. The president of the meeting is expected to inquire if a potential conflict is apparent but has not been disclosed.”

Form 990, Part VI, Section C, Line 19

“Available on site and upon request”

Filing and Contact Details

Filer

Filer Name
Progressive Housing Partners Inc
EIN
52-2150802
Phone
4435187685
Address
9770 PATUXENT WOODS DRIVE NO 305, COLUMBIA, MD 21046

Signing Officer

Name
Jay Raksin
Title
Board President
Phone
4435187685
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Raksin
Formed
1999
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Hertzbach & Company Pa
Address
800 RED BROOK BLVD SUITE 300, OWINGS MILLS, MD 21117
Preparer
Jeffrey M Kleeman
Phone
4103633200
Supplemental Narrative

Additional Explanations

FORM 990, PART IX, LINE 16 OCCUPANCY EXPENSE:

“Utilities $ 7,377 real estate taxes 1,234 property and liability insurance 3,318 contracts 4,795 supplies 5,358 ___________ total occupancy expense $ 22,082”

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The amount of $3,851 as of december 31, 2018 on the accompanying statement of financial position represents funds deposited in a savings account with a balance which is at least equal to tenants' security deposits. Maryland rent escrow law requires the partnership to maintain a separate account for deposits paid by the tenants, and to credit the deposits with interest at 1.5% a year at six-month intervals. Tenant security deposits are held in a federally insured bank.”

Raw XML AppendixShowing 400 of 531 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07916
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07428
IRS990/AccountsReceivableGrp/BOYAmt0215
IRS990/AccountsReceivableGrp/EOYAmt01848
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING ASSISTED UNITS TO MENTALLY CHALLENGED AND DEVELOPMENTALLY DISABLED PERSONS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARY DRAIN CFO
IRS990/BooksInCareOfDetail/PhoneNum04435187685
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09770 PATUXENT WOODS DRIVE MAIL STOP
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021046
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07721
IRS990/CashNonInterestBearingGrp/EOYAmt0825
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048
IRS990/CYOtherExpensesAmt076230
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt064585
IRS990/CYRevenuesLessExpensesAmt0-19400
IRS990/CYSalariesCompEmpBnftPaidAmt07803
IRS990/CYTotalExpensesAmt084033
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt064633
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026641
IRS990/DepreciationDepletionGrp/TotalAmt026641
IRS990/Desc0TO PROVIDE 9 HOUSING ASSISTED UNITS TO MENTALLY CHALLENGED AND DEVELOPMENTALLY DISABLED PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt03713
IRS990/EscrowAccountLiabilityGrp/EOYAmt03813
IRS990/ExpenseAmt068124
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08125
IRS990/FeesForServicesAccountingGrp/TotalAmt08125
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0109
IRS990/FeesForServicesLegalGrp/TotalAmt0109
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07784
IRS990/FeesForServicesManagementGrp/TotalAmt07784
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JAY RAKSIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JUDI OLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm2KAREN BOOTH
IRS990/Form990PartVIISectionAGrp/PersonNm3DERWOOD BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm5NILAKANTA VENKATESH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PARTIAL YEAR BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt064633
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0442110
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0382129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0380394
IRS990/LandBldgEquipCostOrOtherBssAmt0822504
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0145
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE HOUSING ASSISTED UNITS TO MENTALLY CHALLENGED AND DEVELOPMENTALLY DISABLED PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0799100
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0799100
IRS990/NetAssetsOrFundBalancesBOYAmt0-380282
IRS990/NetAssetsOrFundBalancesEOYAmt0-399682
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt022082
IRS990/OccupancyGrp/TotalAmt022082
IRS990/OfficeExpensesGrp/ProgramServicesAmt03048
IRS990/OfficeExpensesGrp/TotalAmt03048
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038372
IRS990/OtherAssetsTotalGrp/EOYAmt025467
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0238
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0238
IRS990/OtherExpensesGrp/Desc0CONSULTING
IRS990/OtherExpensesGrp/Desc1HOMEOWNERS ASSOCIATION
IRS990/OtherExpensesGrp/Desc2MISC. FINANCIAL EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER TAXES AND INSURAN
IRS990/OtherExpensesGrp/ProgramServicesAmt04676
IRS990/OtherExpensesGrp/ProgramServicesAmt12936
IRS990/OtherExpensesGrp/ProgramServicesAmt2493
IRS990/OtherExpensesGrp/ProgramServicesAmt3254
IRS990/OtherExpensesGrp/TotalAmt04676
IRS990/OtherExpensesGrp/TotalAmt12936
IRS990/OtherExpensesGrp/TotalAmt2493
IRS990/OtherExpensesGrp/TotalAmt3254
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06665
IRS990/OtherSalariesAndWagesGrp/TotalAmt06665
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0900
IRS990/PayrollTaxesGrp/TotalAmt0900
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02155
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02125
IRS990/PrincipalOfficerNm0JAY RAKSIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051554
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051554
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113031
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt026
IRS990/PYOtherExpensesAmt074041
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt065196
IRS990/PYRevenuesLessExpensesAmt0-15376
IRS990/PYSalariesCompEmpBnftPaidAmt06557
IRS990/PYTotalExpensesAmt080598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt065222
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-19400
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt064585
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt064585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt065196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt061689
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt056057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051292
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0298819
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0156
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.76480
IRS990ScheduleA/PublicSupportPY509Pct00.81190
IRS990ScheduleA/PublicSupportTotal509Amt0228661
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt019800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt019972
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt017497
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt010335
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt02554
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt070158
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt019800
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt019972
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt017497
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt010335
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt02554
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt070158
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt065196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt061689
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt056057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt051292
IRS990ScheduleA/Total509Grp/TotalAmt0298819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt065222
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt061716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt056058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt051346
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0298975
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0279969
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0424301
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0704270
IRS990ScheduleD/EquipmentGrp/BookValueAmt028431
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017809
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046240
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt084033
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt071994
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt071994
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03851
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15817
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215799
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt064633
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AMOUNT OF $3,851 AS OF DECEMBER 31, 2018 ON THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION REPRESENTS FUNDS DEPOSITED IN A SAVINGS ACCOUNT WITH A BALANCE WHICH IS AT LEAST EQUAL TO TENANTS' SECURITY DEPOSITS. MARYLAND RENT ESCROW LAW REQUIRES THE PARTNERSHIP TO MAINTAIN A SEPARATE ACCOUNT FOR DEPOSITS PAID BY THE TENANTS, AND TO CREDIT THE DEPOSITS WITH INTEREST AT 1.5% A YEAR AT SIX-MONTH INTERVALS. TENANT SECURITY DEPOSITS ARE HELD IN A FEDERALLY INSURED BANK.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0380394
IRS990ScheduleD/TotalBookValueOtherAssetsAmt025467
IRS990ScheduleD/TotalExpensesPerForm990Amt084033
IRS990ScheduleD/TotalRevenuePerForm990Amt064633
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt064633
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt084033
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAY TO DAY OPERATIONS ARE PERFORMED BY THE MANAGEMENT COMPANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WILL BE SENT TO THE BOARD FOR REVIEW AND COMMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT NO MEMBER OF THE BOARD SHALL PARTICIPATE IN ANY DISCUSSION OR VOTE ON ANY MATTER IN WHICH THE MEMBER OR THEIR IMMEDIATE FAMILY HAS A POTENTIAL CONFLICT OF INTEREST. THE POLICY REQUIRES MEMBERS WITH POTENTIAL CONFLICTS TO ANNOUNCE THE CONFLICTS AND EXCUSE THEMSELVES FROM THE MEETING UNTIL THE DISCUSSION OVER SAID MATTER IS RESOLVED. THE PRESIDENT OF THE MEETING IS EXPECTED TO INQUIRE IF A POTENTIAL CONFLICT IS APPARENT BUT HAS NOT BEEN DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE ON SITE AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES $ 7,377 REAL ESTATE TAXES 1,234 PROPERTY AND LIABILITY INSURANCE 3,318 CONTRACTS 4,795 SUPPLIES 5,358 ___________ TOTAL OCCUPANCY EXPENSE $ 22,082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 16 OCCUPANCY EXPENSE:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0813799243
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0SHALOM HERITAGE DEVELOPMENT LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt09770 PATUXENT WOODS DRIVE 305
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0COLUMBIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd021046
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0813787499
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0SHALOM HERITAGE LIMITED PARTNERSHIP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt09770 PATUXENT WOODS DRIVE 305
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0COLUMBIA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd021046
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RESIDENTIAL OPPORTUNITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1TRANSITIONAL HOUSING RESOURCES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ACCESS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SUPPORTED LIVING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4BB HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521658275
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1522217206
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2562329840
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3521551215
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4264486280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$410,659
Liabilities
$810,341
Net assets
-$399,682
Revenue
$64,633
Expenses
$84,033
Net income
-$19,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$8.19$5.63$0.43$0.83$0.40
2023Summary only. Only limited summary data is available for this year.$2.87$8.10$5.23$0.46$0.79$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$8.14$4.91$0.54$0.81$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$8.11$4.64$0.60$0.79$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$8.20$4.45$0.61$0.85$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$8.11$4.22$0.65$0.87$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.11$8.10$4.00$0.65$0.84$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$8.11$3.80$0.65$0.81$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$8.05$3.65$0.62$0.70$0.08
2015Summary only. Only limited summary data is available for this year.$4.48$8.05$3.57$0.56$0.73$0.17
2014Detailed filing. Detailed filing data is available for this year.$4.69$8.08$3.40$0.51$0.69$0.18
2013Detailed filing. Detailed filing data is available for this year.$5.41$8.62$3.21$0.44$0.73$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$8.82$3.22$0.80
2011Summary only. Only limited summary data is available for this year.$5.87$8.81$2.94$0.46$0.88$0.42