Civic Intelligence

Venable Apartments I Inc.

990 • Fiscal year 2018 • EIN 52-2293414

May 01, 2017 to Apr 30, 2018 • Filed on Mar 15, 2019

Organization ProfileN/A
1010 E 33rd StreetBaltimore, MD 21218

(410) 433-2442

Siviq Scores

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

Liabilities / Assets

94th percentile

1.14x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

8.95x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$121,772

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

24th percentile

-4.9%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

0.1%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$4,648,732

Down $240,423 (-4.9%) from 2017

Net Assets

Down

-$638,997

Down $147,775 (-30%) from 2017

Liabilities

Down

$5,287,729

Down $92,648 (-1.7%) from 2017

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin12th percentile

Revenue

Up

$591,049

Up $826 (+0.1%) from 2017

Expenses

Down

$738,824

Down $65,056 (-8.1%) from 2017

Net Income

Up

-$147,775

Up $65,882 (+31%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,549,206Liabilities 2011: $5,258,064Net Assets 2011: $291,1422011Assets 2012: $5,364,523Liabilities 2012: $5,262,989Net Assets 2012: $101,5342012Assets 2013: $5,255,329Liabilities 2013: $5,307,071Net Assets 2013: -$51,7422013Assets 2014: $5,190,056Liabilities 2014: $5,311,597Net Assets 2014: -$121,5412014Assets 2015: $5,037,765Liabilities 2015: $5,261,770Net Assets 2015: -$224,0052015Assets 2016: $4,997,682Liabilities 2016: $5,275,247Net Assets 2016: -$277,5652016Assets 2017: $4,889,155Liabilities 2017: $5,380,377Net Assets 2017: -$491,2222017Assets 2018: $4,648,732Liabilities 2018: $5,287,729Net Assets 2018: -$638,9972018Assets 2019: $4,579,911Liabilities 2019: $5,389,690Net Assets 2019: -$809,7792019Assets 2020: $4,481,703Liabilities 2020: $5,405,947Net Assets 2020: -$924,2442020Assets 2021: $4,372,440Liabilities 2021: $5,392,477Net Assets 2021: -$1,020,0372021Assets 2022: $4,157,121Liabilities 2022: $5,327,229Net Assets 2022: -$1,170,1082022Assets 2023: $3,994,012Liabilities 2023: $5,391,033Net Assets 2023: -$1,397,0212023Assets 2024: $3,824,024Liabilities 2024: $5,389,842Net Assets 2024: -$1,565,8182024Assets 2025: $3,703,415Liabilities 2025: $5,420,326Net Assets 2025: -$1,716,9112025

Highlighted filing

2018

Assets$4,648,732
Liabilities$5,287,729
Net Assets-$638,997
Open 2018 Filing

Operations Trend

Revenue Growth40th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $651,9302011Revenue 2012: $461,739Expenses 2012: $651,347Net Income 2012: -$189,6082012Expenses 2013: $633,3762013Revenue 2014: $551,872Expenses 2014: $621,671Net Income 2014: -$69,7992014Revenue 2015: $551,418Expenses 2015: $653,882Net Income 2015: -$102,4642015Revenue 2016: $586,293Expenses 2016: $639,853Net Income 2016: -$53,5602016Revenue 2017: $590,223Expenses 2017: $803,880Net Income 2017: -$213,6572017Revenue 2018: $591,049Expenses 2018: $738,824Net Income 2018: -$147,7752018Revenue 2019: $586,678Expenses 2019: $757,460Net Income 2019: -$170,7822019Revenue 2020: $684,146Expenses 2020: $798,611Net Income 2020: -$114,4652020Revenue 2021: $722,262Expenses 2021: $818,055Net Income 2021: -$95,7932021Revenue 2022: $709,306Expenses 2022: $859,377Net Income 2022: -$150,0712022Revenue 2023: $714,128Expenses 2023: $941,041Net Income 2023: -$226,9132023Revenue 2024: $711,765Expenses 2024: $880,562Net Income 2024: -$168,7972024Revenue 2025: $720,129Expenses 2025: $871,222Net Income 2025: -$151,0932025

Highlighted filing

2018

Revenue$591,049
Expenses$738,824
Net Income-$147,775
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Mar 15, 2019
Return Version
2017v2.3
Gross Receipts
$591,049
Mission and Program Overview

Mission

To provide affordable housing to the elderly under section 202 of the national housing act.

To provide affordable housing to senior citizens under section 202 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,524,417$4,370,747▼ $153,670
Cash and Non-Interest-Bearing Accounts$69,951$37,608▼ $32,343
Accounts Receivable$532$32,831▲ $32,299
Prepaid Expenses and Deferred Charges$27,074$25,298▼ $1,776
Total Assets$4,889,155$4,648,732▼ $240,423
Other Assets Total$267,181$182,248▼ $84,933
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,201,700$5,201,700→ $0
Accounts Payable and Accrued Expenses$146,344$52,884▼ $93,460
Escrow Account Liability$27,229$27,366▲ $137
Other Liabilities$4,155$4,862▲ $707
Deferred Revenue$949$917▼ $32
Total Liabilities$5,380,377$5,287,729▼ $92,648
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,000$10,000→ $0
Unrestricted Net Assets$-501,222$-648,997▼ $147,775
Total Net Assets Fund Balance$-491,222$-638,997▼ $147,775
Total Liabilities and Net Assets / Fund Balance$4,889,155$4,648,732▼ $240,423

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,884,166$2,045,940$5,930,106
Land$480,000-$480,000
Equipment$6,581$69,731$76,312
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Nichole BattleSecretaryPT$121,772$121,772
Ted GrossBoard MemberPT$87,966$87,966

Board Members and Trustees

NameTitle
Thomas MonahanPresident Starting 4/1/18
Perry P SavoyPresident Until 3/31/18
Andrea Garris-jacksonVice President
Zinnaeah JohnsonVice President
Michael SonnenfeldBoard Member
Michael MaxwellTreasurer Starting 4/1/18
Pam PasqualiniTreasurer Until 3/31/18
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$584,146
Investment Income
$46
Other Revenue
$6,857
Change in Net Assets
$-147,775

Audited Revenue Reconciliation

Revenue per Audited Statements
$591,049
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$591,049
Total Revenue per Form 990
$591,049
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$738,824
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
Occupancy$165,225--$165,225
Depreciation Depletion$159,667--$159,667
Fees for Services Management-$39,251-$39,251
Office Expenses-$12,292-$12,292
Fees for Services Accounting$2,982$7,952-$10,934
Fees for Services Other$3,600--$3,600
Information Technology-$3,533-$3,533
Travel$1,820--$1,820
Other Expenses$1,801--$1,801
All Other Expenses$1,756--$1,756
Advertising-$1,143-$1,143
Fees for Services Legal-$956-$956
Total Functional Expenses$673,697$65,127$0$738,824

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,824
Total Expenses per Audited Statements$738,824
Total Expenses per Form 990$738,824
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
Due to Sponsor$4,862
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The entity is managed by habitat america, llc, pursuant to a management agreement approved by hud. The fee is calculated as 7.16% of gross collections. Management fees totaling $39,251 were incurred during fiscal year 2018.”

Form 990, Part VI, Section A, Line 8A

“There were no board meetings held during the fiscal year.”

Form 990, Part VI, Section A, Line 8B

“No committees were appointed during the fiscal year.”

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

“The board is provided with a complete copy of the return prior to filing with the irs. No further review is conducted.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request. Additionally, the financial statements are filed with the omb under the a-133 provisions.”

Filing and Contact Details

Filer

Filer Name
Venable Apartments I Inc
EIN
52-2293414
Phone
4104332442
Address
1010 E 33RD STREET, BALTIMORE, MD 21218

Signing Officer

Name
Nichole Battle
Title
Secretary
Phone
4104332442
Signed
2019-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Garris-jackson
Formed
2001
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
9

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“Tenant security deposits held in accordance with regulations.”

PART X, LINE 2:

“The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to april 30, 2015.”

Raw XML AppendixShowing 400 of 577 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/BOYAmt0146344
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052884
IRS990/AccountsReceivableGrp/BOYAmt0532
IRS990/AccountsReceivableGrp/EOYAmt032831
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01143
IRS990/AdvertisingGrp/TotalAmt01143
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01756
IRS990/AllOtherExpensesGrp/TotalAmt01756
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HABITAT AMERICA LLC
IRS990/BooksInCareOfDetail/PhoneNum04437162550
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 ADMIRAL COCHRANE DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANNAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt069951
IRS990/CashNonInterestBearingGrp/EOYAmt037608
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt046
IRS990/CYOtherExpensesAmt0738824
IRS990/CYOtherRevenueAmt06857
IRS990/CYProgramServiceRevenueAmt0584146
IRS990/CYRevenuesLessExpensesAmt0-147775
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0738824
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0591049
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0949
IRS990/DeferredRevenueGrp/EOYAmt0917
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0159667
IRS990/DepreciationDepletionGrp/TotalAmt0159667
IRS990/Desc0VENABLE APARTMENTS I, INC. IS A MARYLAND CORPORATION ORGANIZED IN JANUARY 2001 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES, WHICH CONSIST OF 71 UNITS LOCATED IN BALTIMORE, MARYLAND, FOR THE ELDERLY. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt027229
IRS990/EscrowAccountLiabilityGrp/EOYAmt027366
IRS990/ExpenseAmt0673697
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07952
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02982
IRS990/FeesForServicesAccountingGrp/TotalAmt010934
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0956
IRS990/FeesForServicesLegalGrp/TotalAmt0956
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt039251
IRS990/FeesForServicesManagementGrp/TotalAmt039251
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03600
IRS990/FeesForServicesOtherGrp/TotalAmt03600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt635.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt730.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613717
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt7866
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS MONAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm1PERRY P SAVOY
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREA GARRIS-JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm3ZINNAEAH JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm5PAM PASQUALINI
IRS990/Form990PartVIISectionAGrp/PersonNm6NICHOLE BATTLE
IRS990/Form990PartVIISectionAGrp/PersonNm7TED GROSS
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL SONNENFELD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6108055
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt787100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT STARTING 4/1/18
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT UNTIL 3/31/18
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER STARTING 4/1/18
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER UNTIL 3/31/18
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0591049
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03533
IRS990/InformationTechnologyGrp/TotalAmt03533
IRS990/InvestmentIncomeGrp/ExclusionAmt046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02115671
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04524417
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04370747
IRS990/LandBldgEquipCostOrOtherBssAmt06486418
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05201700
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05201700
IRS990/NetAssetsOrFundBalancesBOYAmt0-491222
IRS990/NetAssetsOrFundBalancesEOYAmt0-638997
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0165225
IRS990/OccupancyGrp/TotalAmt0165225
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012292
IRS990/OfficeExpensesGrp/TotalAmt012292
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0267181
IRS990/OtherAssetsTotalGrp/EOYAmt0182248
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED COMPENSATION
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2RESIDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3EMPLOYEE TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt0197409
IRS990/OtherExpensesGrp/ProgramServicesAmt1137169
IRS990/OtherExpensesGrp/ProgramServicesAmt22268
IRS990/OtherExpensesGrp/ProgramServicesAmt31801
IRS990/OtherExpensesGrp/TotalAmt0197409
IRS990/OtherExpensesGrp/TotalAmt1137169
IRS990/OtherExpensesGrp/TotalAmt22268
IRS990/OtherExpensesGrp/TotalAmt31801
IRS990/OtherLiabilitiesGrp/BOYAmt04155
IRS990/OtherLiabilitiesGrp/EOYAmt04862
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1VENDOR COMMISSIONS
IRS990/OtherRevenueMiscGrp/Desc2OTHER TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt05504
IRS990/OtherRevenueMiscGrp/ExclusionAmt11164
IRS990/OtherRevenueMiscGrp/ExclusionAmt2189
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05504
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11164
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2189
IRS990/OtherRevenueTotalAmt06857
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027074
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025298
IRS990/PrincipalOfficerNm0ANDREA GARRIS-JACKSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0584146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0584146
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt060
IRS990/PYOtherExpensesAmt0803880
IRS990/PYOtherRevenueAmt07133
IRS990/PYProgramServiceRevenueAmt0583030
IRS990/PYRevenuesLessExpensesAmt0-213657
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0803880
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0590223
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-147775
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0584146
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FORGIVENESS OF DEBT - 2014 AMOUNT: $ 6,332. LAUNDRY VENDING - 2014 AMOUNT: $ 4,801. 2015 AMOUNT: $ 4,542. 2016 AMOUNT: $ 4,764. 2017 AMOUNT: $ 5,504. VENDOR COMMISSIONS - 2014 AMOUNT: $ 1,297. 2015 AMOUNT: $ 1,399. 2016 AMOUNT: $ 1,317. 2017 AMOUNT: $ 1,164. OTHER TENANT CHARGES - 2014 AMOUNT: $ 258. 2015 AMOUNT: $ 1,010. 2016 AMOUNT: $ 1,052. 2017 AMOUNT: $ 189.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt073500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0205
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0584146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0583030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0579313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0538702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0478330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02763521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0205
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06857
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07133
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06951
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012688
IRS990ScheduleA/OtherIncome509Grp/TotalAmt033629
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98820
IRS990ScheduleA/PublicSupportPY509Pct00.99000
IRS990ScheduleA/PublicSupportTotal509Amt02837021
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0584146
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0583030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0579313
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0538702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0551830
IRS990ScheduleA/Total509Grp/TotalAmt02837021
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0591049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0590223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0586293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0551418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0551872
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02870855
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03884166
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02045940
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05930106
IRS990ScheduleD/EquipmentGrp/BookValueAmt06581
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076312
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0738824
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0480000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0480000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0591049
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO APRIL 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04370747
IRS990ScheduleD/TotalExpensesPerForm990Amt0738824
IRS990ScheduleD/TotalLiabilityAmt04862
IRS990ScheduleD/TotalRevenuePerForm990Amt0591049
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0591049
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738824
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY IS MANAGED BY HABITAT AMERICA, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS CALCULATED AS 7.16% OF GROSS COLLECTIONS. MANAGEMENT FEES TOTALING $39,251 WERE INCURRED DURING FISCAL YEAR 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO BOARD MEETINGS HELD DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMMITTEES WERE APPOINTED DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE RETURN PRIOR TO FILING WITH THE IRS. NO FURTHER REVIEW IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FINANCIAL STATEMENTS ARE FILED WITH THE OMB UNDER THE A-133 PROVISIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0GOVANS ECUMENICAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1GOVANS ECUMENICAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0521389682
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1455161041
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDE AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES TO STABILIZE NEIGHBORHOODS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GOVANS ECUMENICAL HOMES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1GEDCO HOMES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01010 E 33RD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11010 E 33RD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BALTIMORE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1BALTIMORE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1MD

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
$4,648,732
Liabilities
$5,287,729
Net assets
-$638,997
Revenue
$591,049
Expenses
$738,824
Net income
-$147,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.70$5.42$1.72$0.72$0.87$0.15
2024Detailed filing. Detailed filing data is available for this year.$3.82$5.39$1.57$0.71$0.88$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.99$5.39$1.40$0.71$0.94$0.23
2022Detailed filing. Detailed filing data is available for this year.$4.16$5.33$1.17$0.71$0.86$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.37$5.39$1.02$0.72$0.82$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.48$5.41$0.92$0.68$0.80$0.11
2019Detailed filing. Detailed filing data is available for this year.$4.58$5.39$0.81$0.59$0.76$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.65$5.29$0.64$0.59$0.74$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.89$5.38$0.49$0.59$0.80$0.21
2016Detailed filing. Detailed filing data is available for this year.$5.00$5.28$0.28$0.59$0.64$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.04$5.26$0.22$0.55$0.65$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.19$5.31$0.12$0.55$0.62$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.26$5.31$0.05$0.63
2012Summary only. Only limited summary data is available for this year.$5.36$5.26$0.10$0.46$0.65$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$5.26$0.29$0.65