Cambridge Apartments Inc

990 • Fiscal year 2017 • EIN 52-2231301

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 09, 2017

Organization Profile N/A

11400 Rockville Pike /Rockville, MD 20852

(301) 493-6000

Siviq Scores

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

1.12x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

6.24x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

10%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

$356,617

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 86.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

-4.9%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

-2.9%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets93rd percentile

Assets

Down

$2,301,722

Down $118,096 (-4.9%) from 2016

Net Assets

-$279,590

Up $41,910 (+13%) from 2016

Liabilities

Down

$2,581,312

Down $160,006 (-5.8%) from 2016

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin66th percentile

Revenue

Down

$413,476

Down $12,323 (-2.9%) from 2016

Expenses

Down

$371,566

Down $15,003 (-3.9%) from 2016

Net Income

$41,910

Up $2,680 (+6.8%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

Highlighted filing

2017

Assets$2,301,722

Liabilities$2,581,312

Net Assets-$279,590

Open 2017 Filing

Operations Trend

Revenue Growth30th percentile

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

Highlighted filing

2017

Revenue$413,476

Expenses$371,566

Net Income$41,910

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2016 to Jun 30, 2017
Signed: Oct 9, 2017
Return Version: 2016v3.0
Gross Receipts: $413,476

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$1,750,082	$1,700,455	▼ $49,627
Cash and Non-Interest-Bearing Accounts	$333,083	$324,280	▼ $8,803
Intangible Assets	$63,380	$0	▼ $63,380
Accounts Receivable	$21,301	$10,004	▼ $11,297
Prepaid Expenses and Deferred Charges	$8,088	$9,881	▲ $1,793
Savings and Temporary Cash Investments	-	$0	-
Other Notes and Loans Receivable, Net	-	$0	-
Pledges and Grants Receivable	-	$0	-
Receivable From Disqualified Prsn	-	$0	-
Receivables From Officers Etc	-	$0	-
Investments Other Securities	-	$0	-
Investments Program Related	-	$0	-
Investments in Publicly Traded Securities	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$2,419,818	$2,301,722	▼ $118,096
Other Assets Total	$243,884	$257,102	▲ $13,218
Liabilities
Mortgage Notes Payable Secured by Investment Property	$2,655,204	$2,533,513	▼ $121,691
Other Liabilities	$38,898	$37,979	▼ $919
Accounts Payable and Accrued Expenses	$46,818	$9,575	▼ $37,243
Deferred Revenue	$398	$245	▼ $153
Total Liabilities	$2,741,318	$2,581,312	▼ $160,006
Net Assets / Fund Balance
Unrestricted Net Assets	$-321,500	$-279,590	▲ $41,910
Total Net Assets Fund Balance	$-321,500	$-279,590	▲ $41,910
Total Liabilities and Net Assets / Fund Balance	$2,419,818	$2,301,722	▼ $118,096

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$1,442,646	$942,631	$2,385,277
Land	$233,000	-	$233,000
Leasehold Improvements	$6,838	$32,027	$38,865
Other Land Buildings	$17,809	$19,511	$37,320
Equipment	$162	$7,869	$8,031
Other Assets Org	$21,704	-	-

Compensation and Service Providers

Top Officer Pay96th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
James a Brown Jr	President
Leila a Finucane	President & CEO
Eric Simontis	Director
Most Rev Barry Knestout	Director
Jeffrey B Blackwell	Asst. Secretary
John D Spencer	Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $411,368
Investment Income: $2,108
Other Revenue: $0
Change in Net Assets: $41,910

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$324,491
Salaries, Compensation, and Employee Benefits	$47,075
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$71,779	-	-	$71,779
All Other Expenses	$36,184	-	-	$36,184
Other Salaries and Wages	$29,533	-	-	$29,533
Interest	$29,311	-	-	$29,311
Fees for Services Management	-	$21,989	-	$21,989
Other Employee Benefits	$12,995	-	-	$12,995
Other Expenses	$11,000	$15,240	-	$11,000
Fees for Services Accounting	-	$9,600	-	$9,600
Office Expenses	$8,482	-	-	$8,482
Payroll Taxes	$4,547	-	-	$4,547
Fees for Services Legal	$1,675	-	-	$1,675
Advertising	$706	-	-	$706
Total Functional Expenses	$324,737	$46,829	$0	$371,566

Fundraising, Events, and Gaming

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

Fundraising and Gaming Totals

Line Item	Amount
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 Item	Beginning	End	Change
Receivables from Disqualified Persons	-	$0	-
Receivables from Officers, Directors, Trustees, and Key Employees	-	$0	-

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Andrew Kim House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Avondale Park Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Bartholomew House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Byron House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cambridge Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Ccs Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Cheval Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Grace House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Malta House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Manor Apartments Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Marian Assisted Living Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Palmer Park Seniors Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Raphael Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Rollingcrest Commons Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Takoma Tower Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Trinity Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Brookside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Court Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Crest Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Heights Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Housing Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Lakeside Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Oaksinc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Victory Terrace Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No
Winslow House Inc	Rockville, MD	Real Estate	501(c)(3)	509(a)(2)	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Victory Terrace Lp	Rockville, MD	Real Estate	$22,745	$6,375,953	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-104	$3,321	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-23	$2,289	0.00%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-41	$1,497	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$17	$1,238	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-39	$1,090	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$-17	$1,008	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$-25	$974	0.01%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$-18	$918	0.01%	Yes
Covenant Village Gp LLC	Germantown, MD	Real Estate	$-9	$258	25%	Yes
St Martins Apartments Lp	Rockville, MD	-	-	-	0.01%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Entr
Victory Enterprises Inc	Rockville, MD	Real Estate	$-68,159	$2,764,742	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	$-104	$3,321	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-23	$2,289	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$20,704
Misc. Current Liabilities	$15,570
Long-term Deferred Income	$1,705

Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Not applicable - no employees”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name: Cambridge Apartments Inc
EIN: 52-2231301
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: Leila a Finucane
Title: President & CEO
Signed: 2017-10-09

Organization Details

Principal Officer: Leila a Finucane
Formed: 2000
Legal Domicile: Md
Voting Board Members: 3
Independent Board Members: 3
Employees: 0

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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/LandBldgEquipBasisNetGrp/BOYAmt	0	1750082
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	1700455
IRS990/LandBldgEquipCostOrOtherBssAmt	0	2702493
IRS990/LegalDomicileStateCd	0	MD
IRS990/LicensedMoreThanOneStateInd	0	false
IRS990/LoanOutstandingInd	0	false
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	false
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	AFFORDABLE HOUSING AND SERVICES
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	2655204
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	2533513
IRS990/NetAssetsOrFundBalancesBOYAmt	0	-321500
IRS990/NetAssetsOrFundBalancesEOYAmt	0	-279590
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/TotalAmt	0	0
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	8482
IRS990/OfficeExpensesGrp/TotalAmt	0	8482
IRS990/OfficerMailingAddressInd	0	false
IRS990/OnBehalfOfIssuerInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OrgFiledInLieuOfForm1041Ind	0	false
IRS990/OtherAssetsTotalGrp/BOYAmt	0	243884
IRS990/OtherAssetsTotalGrp/EOYAmt	0	257102
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	12995
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	12995
IRS990/OtherExpensesGrp/Desc	0	REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	ASSET MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc	3	HAZARD INSURANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	0	15240
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	87579
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	30946
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	11000
IRS990/OtherExpensesGrp/TotalAmt	0	87579
IRS990/OtherExpensesGrp/TotalAmt	1	30946
IRS990/OtherExpensesGrp/TotalAmt	2	15240
IRS990/OtherExpensesGrp/TotalAmt	3	11000
IRS990/OtherLiabilitiesGrp/BOYAmt	0	38898
IRS990/OtherLiabilitiesGrp/EOYAmt	0	37979
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	29533
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	29533
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	4547
IRS990/PayrollTaxesGrp/TotalAmt	0	4547
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	8088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	9881
IRS990/PrincipalOfficerNm	0	LEILA A FINUCANE
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	AFFORDABLE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc	1	Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	370495
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	12591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	28282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	370495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	12591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	28282
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	2303
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	343703
IRS990/PYProgramServiceRevenueAmt	0	423496
IRS990/PYRevenuesLessExpensesAmt	0	39230
IRS990/PYSalariesCompEmpBnftPaidAmt	0	42866
IRS990/PYTotalExpensesAmt	0	386569
IRS990/PYTotalRevenueAmt	0	425799
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	41910
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	true
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	2108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	2303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	7
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	359
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	373
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	5150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	383086
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	395089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	380735
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	360017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	361029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	1879956
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	2108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	2303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	7
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	359
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	373
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	5150
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00260
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00190
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	28282
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	28407
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	10810
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	10977
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	20899
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	99375
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.94730
IRS990ScheduleA/PublicSupportPY509Pct	0	0.95760
IRS990ScheduleA/PublicSupportTotal509Amt	0	1879956
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	383086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	395089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	380735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	360017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	361029
IRS990ScheduleA/Total509Grp/TotalAmt	0	1879956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	413476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	425799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	391552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	371353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	382301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	1984481
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	1442646
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	942631
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	2385277
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	162
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	7869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	8031
IRS990ScheduleD/LandGrp/BookValueAmt	0	233000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	233000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	6838
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	32027
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt	0	38865
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	21221
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	532
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	213645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	21704
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	MISC. DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	17809
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	19511
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	37320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	1705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	15570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	20704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	LONG-TERM DEFERRED INCOME
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC. CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1700455
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	257102
IRS990ScheduleD/TotalLiabilityAmt	0	37979
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	false
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	false
IRS990ScheduleJ/InitialContractExceptionInd	0	false
IRS990ScheduleJ/RebuttablePresumptionProcInd	0	false
IRS990/ScheduleJRequiredInd	0	true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	356617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	150669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	205818

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $2,301,722
Liabilities: $2,581,312
Net assets: -$279,590
Revenue: $413,476
Expenses: $371,566
Net income: $41,910

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.81	$2.15	$0.34	$0.44	$0.65	$0.22
2023Detailed filing. Detailed filing data is available for this year.	$2.09	$2.25	$0.15	$0.45	$0.45	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$2.12	$2.27	$0.16	$0.44	$0.44	$0.01
2021Detailed filing. Detailed filing data is available for this year.	$2.17	$2.34	$0.16	$0.44	$0.43	$0.01
2020Detailed filing. Detailed filing data is available for this year.	$2.22	$2.40	$0.18	$0.42	$0.41	$0.01
2019Detailed filing. Detailed filing data is available for this year.	$2.28	$2.47	$0.19	$0.42	$0.40	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$2.31	$2.52	$0.21	$0.41	$0.34	$0.07
2017Detailed filing. Detailed filing data is available for this year.	$2.30	$2.58	$0.28	$0.41	$0.37	$0.04
2016Detailed filing. Detailed filing data is available for this year.	$2.42	$2.74	$0.32	$0.43	$0.39	$0.04
2015Detailed filing. Detailed filing data is available for this year.	$2.42	$2.78	$0.36	$0.39	$0.40	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$2.48	$2.84	$0.35	$0.37	$0.35	$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.53	$2.90	$0.37		$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.45	$2.55	$0.10		$0.26
2011Summary only. Only limited summary data is available for this year.	$2.40	$2.59	$0.20	$0.35	$0.41	$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.38	$2.51	$0.14		$0.35