Trinity Terrace Inc

990 • Fiscal year 2019 • EIN 52-2293450

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 10, 2019

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.

0.08x

Higher debt load relative to assets than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

0.53x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

-22%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

$327,519

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 50.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

-4.0%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

14%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets50th percentile

Assets

Down

$4,291,692

Down $176,759 (-4.0%) from 2018

Net Assets

Down

$3,943,002

Down $140,656 (-3.4%) from 2018

Liabilities

Down

$348,690

Down $36,103 (-9.4%) from 2018

Revenue And Expenses

Liabilities / Revenue80th percentile Net Margin13th percentile

Revenue

$651,952

Up $80,951 (+14%) from 2018

Expenses

$792,608

Up $46,721 (+6.3%) from 2018

Net Income

-$140,656

Up $34,230 (+20%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

Highlighted filing

2019

Assets$4,291,692

Liabilities$348,690

Net Assets$3,943,002

Open 2019 Filing

Operations Trend

Revenue Growth68th percentile

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

Highlighted filing

2019

Revenue$651,952

Expenses$792,608

Net Income-$140,656

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2018 to Jun 30, 2019
Signed: Oct 10, 2019
Return Version: 2018v3.1
Gross Receipts: $651,952

Mission and Program Overview

Mission

Affordable housing and services

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$4,126,136	$3,984,276	▼ $141,860
Accounts Receivable	$34,367	$0	▼ $34,367
Cash and Non-Interest-Bearing Accounts	$22,862	$14,128	▼ $8,734
Prepaid Expenses and Deferred Charges	$9,546	$6,308	▼ $3,238
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	-
Intangible Assets	-	$0	-
Inventories for Sale or Use	-	$0	-
Total Assets	$4,468,451	$4,291,692	▼ $176,759
Other Assets Total	$275,540	$286,980	▲ $11,440
Liabilities
Mortgage Notes Payable Secured by Investment Property	$256,671	$261,804	▲ $5,133
Accounts Payable and Accrued Expenses	$80,793	$44,212	▼ $36,581
Other Liabilities	$41,705	$41,708	▲ $3
Deferred Revenue	$5,624	$966	▼ $4,658
Total Liabilities	$384,793	$348,690	▼ $36,103
Net Assets / Fund Balance
Unrestricted Net Assets	$4,083,658	$3,943,002	▼ $140,656
Total Net Assets Fund Balance	$4,083,658	$3,943,002	▼ $140,656
Total Liabilities and Net Assets / Fund Balance	$4,468,451	$4,291,692	▼ $176,759

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$3,879,647	$2,320,355	-
Other Land Buildings	$7,332	$150,394	-
Land	$36,886	-	-
Equipment	-	$7,189	-
Leasehold Improvements	$60,411	$47,719	-
Other Assets Org	$29,447	-	-

Compensation and Service Providers

Top Officer Pay95th percentile

Board Members and Trustees

Name	Title
Paul E Johnson Jr	Chairman
Leila a Finucane	President & CEO
John D Spencer	Vice President
Eric Simontis	Director
Most Rev Charles Antonicelli	Director
Jeffrey Blackwell	Asst Secretary
KATHLEEN McWILLIAMS	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $650,774
Investment Income: $1,178
Other Revenue: $0
Change in Net Assets: $-140,656

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$661,064
Salaries, Compensation, and Employee Benefits	$131,544
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	$169,976	-	-	$169,976
Other Salaries and Wages	$87,476	-	-	$87,476
All Other Expenses	$58,684	$3,024	-	$61,708
Fees for Services Management	-	$51,552	-	$51,552
Other Employee Benefits	$33,015	-	-	$33,015
Other Expenses	$26,004	-	-	$26,004
Fees for Services Legal	$12,651	-	-	$12,651
Payroll Taxes	$11,053	-	-	$11,053
Fees for Services Accounting	-	$10,000	-	$10,000
Office Expenses	$8,357	-	-	$8,357
Interest	$5,236	-	-	$5,236
Travel	$252	-	-	$252
Total Functional Expenses	$728,032	$64,576	$0	$792,608

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	$2,000	$5,876,021	0.01%	Yes
Victory Forest Lp	Rockville, MD	Real Estate	$551,596	$1,094	0.01%	Yes
Victory Woods LLC	Rockville, MD	Real Estate	$44,665	$900	0.00%	Yes
Victory La Plata Lp	Rockville, MD	Real Estate	$12,911	$825	0.01%	Yes
Victory Crossing Lp	Rockville, MD	Real Estate	$-103	$3,117	0.01%	Yes
Parkside Seniorlp	Rockville, MD	Real Estate	$-10	$2,187	0.01%	Yes
Hampshire Village Assoc Lp	Rockville, MD	Real Estate	$-22	$1,383	0.01%	Yes
Takoma Tower Lp	Rockville, MD	Real Estate	$168	$1,049	0.01%	Yes
Covenant Village Gp	Germantown, MD	Real Estate	$-12	$976	0.01%	Yes
Covenant Village Lp	Germantown, MD	Real Estate	$-12	$976	0.01%	Yes
St Martins Apartments Lp	Rockville, MD	Real Estate	-	$552	-	Yes
Victory Haven Lp	Rockville, MD	Real Estate	-	-	-	No

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Parkfair Associates LLC	Rockville, MD	Real Estate	$24,555	$2,679,554	Victory Housing
Victory Enterprises Inc	Rockville, MD	Real Estate	$24,555	$2,679,554	Victory Hsg
Victory-hampshire LLC	Rockville, MD	Real Estate	$-103	$3,117	Victory Hsg
Ccs - St Martins Apartments LLC	Rockville, MD	Real Estate	-	$552	Victory Hsg
Spring Flats Md LLC	Rockville, MD	Real Estate	-	-	-
Victory Haven LLC	Rockville, MD	Real Estate	-	-	Victory Hsg

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Resident Security Deposits	$28,447
Misc Long-term Liabilities	$7,125
Accrued Interest Payable	$5,236
Misc Current Liabilities	$900

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

“Draft of form 990 is given to board members for review and approval prior to filing.”

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: Trinity Terrace Inc
EIN: 52-2293450
Phone: 3014936000
Address: 11400 ROCKVILLE PIKE /, ROCKVILLE, MD 20852

Signing Officer

Name: Leila a Finucane
Title: President & CEO
Signed: 2019-10-10

Organization Details

Principal Officer: Leila a Finucane
Formed: 2000
Legal Domicile: Md
Voting Board Members: 7
Independent Board Members: 5
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/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	256671
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	261804
IRS990/NetAssetsOrFundBalancesBOYAmt	0	4083658
IRS990/NetAssetsOrFundBalancesEOYAmt	0	3943002
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	8357
IRS990/OfficeExpensesGrp/TotalAmt	0	8357
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	275540
IRS990/OtherAssetsTotalGrp/EOYAmt	0	286980
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	33015
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	33015
IRS990/OtherExpensesGrp/Desc	0	REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc	1	UTILITIES
IRS990/OtherExpensesGrp/Desc	2	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc	3	HAZARD INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	221352
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	49639
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	44337
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	26004
IRS990/OtherExpensesGrp/TotalAmt	0	221352
IRS990/OtherExpensesGrp/TotalAmt	1	49639
IRS990/OtherExpensesGrp/TotalAmt	2	44337
IRS990/OtherExpensesGrp/TotalAmt	3	26004
IRS990/OtherLiabilitiesGrp/BOYAmt	0	41705
IRS990/OtherLiabilitiesGrp/EOYAmt	0	41708
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	87476
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	87476
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	11053
IRS990/PayrollTaxesGrp/TotalAmt	0	11053
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	9546
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	6308
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	249738
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	385006
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	16030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	249738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	385006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	16030
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	1161
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	611415
IRS990/PYProgramServiceRevenueAmt	0	569840
IRS990/PYRevenuesLessExpensesAmt	0	-174886
IRS990/PYSalariesCompEmpBnftPaidAmt	0	134472
IRS990/PYTotalExpensesAmt	0	745887
IRS990/PYTotalRevenueAmt	0	571001
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-140656
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	1178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1161
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	951
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	153
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	3575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	634744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	556413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	556139
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	553747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	530299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	2831342
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	1178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	1161
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	951
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	3575
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00120
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00090
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt	0	16030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt	0	13427
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	12693
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	31045
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	10900
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	84095
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.97000
IRS990ScheduleA/PublicSupportPY509Pct	0	0.96830
IRS990ScheduleA/PublicSupportTotal509Amt	0	2831342
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	634744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	556413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	556139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	553747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	530299
IRS990ScheduleA/Total509Grp/TotalAmt	0	2831342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	651952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	571001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	568964
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	585743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	541352
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	2919012
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	3879647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	2320355
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt	0	6200002
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	7189
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt	0	7189
IRS990ScheduleD/LandGrp/BookValueAmt	0	36886
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt	0	36886
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	60411
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	47719
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt	0	108130
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	48465
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	19993
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	189075
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	29447
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	7332
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	150394
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt	0	157726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	5236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	7125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	28447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	MISC CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	MISC LONG-TERM LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	3984276
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	286980
IRS990ScheduleD/TotalLiabilityAmt	0	41708
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	186646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	223572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	2	327519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	JEFFREY BLACKWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	JOHN D SPENCER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	LEILA A FINUCANE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	ASST SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	2	President & CEO

Document Assets

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Filings

Displayed year

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

Open filing

Assets: $4,291,692
Liabilities: $348,690
Net assets: $3,943,002
Revenue: $651,952
Expenses: $792,608
Net income: -$140,656

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.45	$0.71	$3.74	$1.06	$0.99	$0.08
2023Detailed filing. Detailed filing data is available for this year.	$4.61	$0.94	$3.67	$1.01	$1.02	$0.01
2022Detailed filing. Detailed filing data is available for this year.	$4.05	$0.37	$3.68	$0.97	$1.08	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$4.16	$0.37	$3.79	$0.86	$0.95	$0.09
2020Detailed filing. Detailed filing data is available for this year.	$4.23	$0.35	$3.88	$0.75	$0.82	$0.07
2019Detailed filing. Detailed filing data is available for this year.	$4.29	$0.35	$3.94	$0.65	$0.79	$0.14
2018Detailed filing. Detailed filing data is available for this year.	$4.47	$0.38	$4.08	$0.57	$0.75	$0.17
2017Detailed filing. Detailed filing data is available for this year.	$4.59	$0.33	$4.26	$0.57	$0.73	$0.16
2016Detailed filing. Detailed filing data is available for this year.	$4.77	$0.35	$4.42	$0.59	$0.69	$0.11
2015Detailed filing. Detailed filing data is available for this year.	$4.86	$0.33	$4.52	$0.54	$0.70	$0.15
2014Detailed filing. Detailed filing data is available for this year.	$5.04	$0.36	$4.68	$0.55	$0.68	$0.13
2013Summary only. Only limited summary data is available for this year.	$5.16	$0.36	$4.81	$0.54	$0.68	$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.34	$0.40	$4.95		$0.68
2011Summary only. Only limited summary data is available for this year.	$5.49	$0.40	$5.09	$0.53	$0.66	$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.64	$0.42	$5.22		$0.66