Civic Intelligence

Key Boulevard Housing Development Corporation

990 • Fiscal year 2015 • EIN 54-1251222

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 06, 2016

Organization ProfileWWW.AHCINC.ORG
2230 North Fairfax Drive No 100Arlington, VA 22201

(703) 486-0626

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.64x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

2.23x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

28th percentile

-4.5%

Higher net margin than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$468,040

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 90.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

25th percentile

-4.2%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

2.2%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$1,807,389

Down $80,002 (-4.2%) from 2014

Net Assets

Down

$647,397

Down $31,522 (-4.6%) from 2014

Liabilities

Down

$1,159,992

Down $48,480 (-4.0%) from 2014

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin28th percentile

Revenue

Up

$520,166

Up $11,321 (+2.2%) from 2014

Expenses

Up

$543,559

Up $120,885 (+29%) from 2014

Net Income

Down

-$23,393

Down $109,564 (-127%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,015,055Liabilities 2011: $1,571,356Net Assets 2011: $443,6992011Assets 2012: $2,079,689Liabilities 2012: $1,385,337Net Assets 2012: $694,3522012Assets 2013: $1,923,345Liabilities 2013: $1,336,767Net Assets 2013: $586,5782013Assets 2014: $1,887,391Liabilities 2014: $1,208,472Net Assets 2014: $678,9192014Assets 2015: $1,807,389Liabilities 2015: $1,159,992Net Assets 2015: $647,3972015Assets 2016: $1,883,108Liabilities 2016: $1,174,422Net Assets 2016: $708,6862016Assets 2017: $1,869,596Liabilities 2017: $1,175,894Net Assets 2017: $693,7022017Assets 2018: $1,856,606Liabilities 2018: $1,166,330Net Assets 2018: $690,2762018Assets 2019: $1,892,319Liabilities 2019: $1,182,543Net Assets 2019: $709,7762019Assets 2020: $3,125,785Liabilities 2020: $2,356,231Net Assets 2020: $769,5542020Assets 2021: $3,506,266Liabilities 2021: $2,852,864Net Assets 2021: $653,4022021Assets 2022: $3,492,815Liabilities 2022: $2,860,938Net Assets 2022: $631,8772022Assets 2023: $3,320,685Liabilities 2023: $2,609,351Net Assets 2023: $711,3342023Assets 2024: $3,380,520Liabilities 2024: $2,466,132Net Assets 2024: $914,3882024

Highlighted filing

2015

Assets$1,807,389
Liabilities$1,159,992
Net Assets$647,397
Open 2015 Filing

Operations Trend

Revenue Growth47th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $465,317Expenses 2011: $384,404Net Income 2011: $80,9132011Expenses 2012: $517,5422012Revenue 2013: $472,546Expenses 2013: $578,149Net Income 2013: -$105,6032013Revenue 2014: $508,845Expenses 2014: $422,674Net Income 2014: $86,1712014Revenue 2015: $520,166Expenses 2015: $543,559Net Income 2015: -$23,3932015Revenue 2016: $538,011Expenses 2016: $471,789Net Income 2016: $66,2222016Revenue 2017: $553,918Expenses 2017: $559,628Net Income 2017: -$5,7102017Revenue 2018: $552,130Expenses 2018: $547,261Net Income 2018: $4,8692018Revenue 2019: $596,729Expenses 2019: $561,651Net Income 2019: $35,0782019Revenue 2020: $644,503Expenses 2020: $568,144Net Income 2020: $76,3592020Revenue 2021: $684,194Expenses 2021: $988,096Net Income 2021: -$303,9022021Revenue 2022: $750,768Expenses 2022: $751,981Net Income 2022: -$1,2132022Revenue 2023: $729,559Expenses 2023: $627,057Net Income 2023: $102,5022023Revenue 2024: $839,567Expenses 2024: $611,476Net Income 2024: $228,0912024

Highlighted filing

2015

Revenue$520,166
Expenses$543,559
Net Income-$23,393
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 6, 2016
Return Version
2015v2.1
Gross Receipts
$528,679
Mission and Program Overview

Mission

To assist in the operations of decent, safe, affordable housing for low income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,042,131$1,040,913▼ $1,218
Cash and Non-Interest-Bearing Accounts$160,893$102,122▼ $58,771
Prepaid Expenses and Deferred Charges$3,934$6,383▲ $2,449
Accounts Receivable$30$1,113▲ $1,083
Total Assets$1,887,391$1,807,389▼ $80,002
Other Assets Total$680,403$656,858▼ $23,545
Liabilities
Other Liabilities$1,154,703$1,107,220▼ $47,483
Accounts Payable and Accrued Expenses$19,719$18,504▼ $1,215
Escrow Account Liability$16,469$17,915▲ $1,446
Deferred Revenue$17,581$16,353▼ $1,228
Total Liabilities$1,208,472$1,159,992▼ $48,480
Net Assets / Fund Balance
Unrestricted Net Assets$678,919$647,397▼ $31,522
Total Net Assets Fund Balance$678,919$647,397▼ $31,522
Total Liabilities and Net Assets / Fund Balance$1,887,391$1,807,389▼ $80,002

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$211,962$1,100,524$1,312,486
Land$795,372-$795,372
Equipment$25,709$75,622$101,331
Other Land Buildings$7,870$2,195$10,065
Other Assets Org$35,897--
Compensation and Service Providers
Top Officer Pay97th percentile

Board Members and Trustees

NameTitle
Walter WebdalePresident
Stephen SmithSenior Vice President
Steve YeatmanCFO
John WelshSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$520,441
Investment Income
$-275
Other Revenue
$0
Change in Net Assets
$-23,393

Audited Revenue Reconciliation

Revenue per Audited Statements
$519,336
Revenue Not Reported on Financial Statements
$830
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$830
Total Revenue per Audited Statements
$519,336
Total Revenue per Form 990
$520,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$320,274
Grants and Similar Amounts Paid$126,275
Salaries, Compensation, and Employee Benefits$97,010
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$154,973--$154,973
Grants to Domestic Orgs$126,275--$126,275
Other Salaries and Wages$75,872--$75,872
Interest$66,000--$66,000
Fees for Services Management$28,402--$28,402
Depreciation Depletion$23,774--$23,774
Fees for Services Other$20,407--$20,407
Other Employee Benefits$15,608--$15,608
Fees for Services Accounting$3,996$4,043-$8,039
Office Expenses$7,315--$7,315
Payroll Taxes$5,530--$5,530
Information Technology$4,140--$4,140
Insurance$2,317--$2,317
Advertising$1,128--$1,128
Other Expenses$1,120--$1,120
Fees for Services Legal$167$32-$199
Total Functional Expenses$539,484$4,075$0$543,559

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$550,858
Expenses per Audited Statements$543,559
Total Expenses per Form 990$543,559
Expenses Not Reported on Form 990$7,299
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ahc IncArlington, VA501(c)(3)To Provide Support for Continuing Operations$126,275
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 Affiliate$1,107,220
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The corporation is obligated under the terms of a property management fee agreement with ahc management, llc, an affiliate, for services in connection with the management of the rental operations of the project. The terms of the agreement provide for a monthly fee equal to the lower of $1,600 plus the amount of 5.5% of the gross collections of the project that exceed $1,600 or total monthly fees of $3,195.”

Form 990, Part VI, Section A, Line 7A

“The board of directors are elected annually by the ahc, inc. Board of directors in accordance with the articles of incorporation section 6.”

Form 990, Part VI, Section B, Line 11

“The board reviews the form 990 and approves the form 990.”

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

“The organization monitors and enforces compliance through contracts management or self disclosure, conflicts are identified and related parties are excluded from the decision making process.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Key Boulevard Housing Development
EIN
54-1251222
Phone
7034860626
Address
2230 NORTH FAIRFAX DRIVE NO 100, ARLINGTON, VA 22201

Signing Officer

Name
Steve Yeatman
Title
CFO
Phone
7034860626
Signed
2016-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Webdale
Formed
1983
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
5

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 $47,640 repairs & maintenance 62,222 real estate taxes 31,742 property insurance 13,293 miscellaneous taxes 76 total occupancy expense $154,973”

FORM 990, PART XI, LINE 9:

“Book to tax adjustments -8,129.”

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART IV, LINE 2B:

“Virginia rent escrow law requires the corporation to maintain a separate account for deposits paid by the tenants, and to credit the deposits annually with interest at 4% below the federal reserve bond discount rate as of january 1 of each year. The amount of $19,208 on the accompanying balance sheet represents funds deposited in a savings account with a balance which is at least equal to the tenants' security deposits. Tenant security deposits are held in a federally insured bank.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Prepaid rents excluded for tax -1,228. Insurance reimbursement 2,502. Loss on sale of assets -444.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of assets 851. Adjust for tax depreciation 8,950. Insurance reimbursement -2,502.”

Raw XML AppendixShowing 400 of 1,319 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019719
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018504
IRS990/AccountsReceivableGrp/BOYAmt030
IRS990/AccountsReceivableGrp/EOYAmt01113
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ASSIST IN THE OPERATIONS OF DECENT, SAFE, AFFORDABLE HOUSING FOR LOW INCOME PERSONS.
IRS990/AdvertisingGrp/ProgramServicesAmt01128
IRS990/AdvertisingGrp/TotalAmt01128
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0STEVE YEATMAN
IRS990/BooksInCareOfDetail/PhoneNum07034860626
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02230 NORTH FAIRFAX DRIVE SUITE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0ARLINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0160893
IRS990/CashNonInterestBearingGrp/EOYAmt0102122
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0126275
IRS990/CYInvestmentIncomeAmt0-275
IRS990/CYOtherExpensesAmt0320274
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0520441
IRS990/CYRevenuesLessExpensesAmt0-23393
IRS990/CYSalariesCompEmpBnftPaidAmt097010
IRS990/CYTotalExpensesAmt0543559
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0520166
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt017581
IRS990/DeferredRevenueGrp/EOYAmt016353
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt023774
IRS990/DepreciationDepletionGrp/TotalAmt023774
IRS990/Desc0PROVIDED 41 UNITS OF AFFORDABLE HOUSING TO LOW/MODERATE INCOME FAMILIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt016469
IRS990/EscrowAccountLiabilityGrp/EOYAmt017915
IRS990/ExpenseAmt0539484
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04043
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03996
IRS990/FeesForServicesAccountingGrp/TotalAmt08039
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt032
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0167
IRS990/FeesForServicesLegalGrp/TotalAmt0199
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt028402
IRS990/FeesForServicesManagementGrp/TotalAmt028402
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020407
IRS990/FeesForServicesOtherGrp/TotalAmt020407
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt339.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt095367
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt197677
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt214847
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt351441
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1WALTER WEBDALE
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE YEATMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN WELSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0324818
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1370363
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2193306
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3199185
IRS990/Form990PartVIISectionAGrp/TitleTxt0SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-444
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0126275
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0126275
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0126275
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt08069
IRS990/GrossReceiptsAmt0528679
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04140
IRS990/InformationTechnologyGrp/TotalAmt04140
IRS990/InsuranceGrp/ProgramServicesAmt02317
IRS990/InsuranceGrp/TotalAmt02317
IRS990/InterestGrp/ProgramServicesAmt066000
IRS990/InterestGrp/TotalAmt066000
IRS990/InvestmentIncomeGrp/ExclusionAmt0169
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0169
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01178341
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01042131
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01040913
IRS990/LandBldgEquipCostOrOtherBssAmt02219254
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt08513
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST IN THE OPERATIONS OF DECENT, SAFE, AFFORDABLE HOUSING FOR LOW INCOME PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0678919
IRS990/NetAssetsOrFundBalancesEOYAmt0647397
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-444
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-444
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0154973
IRS990/OccupancyGrp/TotalAmt0154973
IRS990/OfficeExpensesGrp/ProgramServicesAmt07315
IRS990/OfficeExpensesGrp/TotalAmt07315
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0680403
IRS990/OtherAssetsTotalGrp/EOYAmt0656858
IRS990/OtherChangesInNetAssetsAmt0-8129
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015608
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015608
IRS990/OtherExpensesGrp/Desc0COMPLIANCE FEE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS ADMIN EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt02460
IRS990/OtherExpensesGrp/ProgramServicesAmt11120
IRS990/OtherExpensesGrp/TotalAmt02460
IRS990/OtherExpensesGrp/TotalAmt11120
IRS990/OtherLiabilitiesGrp/BOYAmt01154703
IRS990/OtherLiabilitiesGrp/EOYAmt01107220
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075872
IRS990/OtherSalariesAndWagesGrp/TotalAmt075872
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05530
IRS990/PayrollTaxesGrp/TotalAmt05530
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03934
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06383
IRS990/PrincipalOfficerNm0WALTER WEBDALE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INSURANCE REFUND
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0510436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16499
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31004
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0510436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16499
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31004
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt094
IRS990/PYOtherExpensesAmt0307969
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0508751
IRS990/PYRevenuesLessExpensesAmt086171
IRS990/PYSalariesCompEmpBnftPaidAmt0114705
IRS990/PYTotalExpensesAmt0422674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0508845
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-23393
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0519997
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0311643
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0311643
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0517939
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0508751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0472477
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0385399
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0465310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02349876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0382
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.66300
IRS990ScheduleA/PublicSupportPY509Pct00.76770
IRS990ScheduleA/PublicSupportTotal509Amt01764711
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0296271
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0267086
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0259923
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt073528
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0896808
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0296271
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0267086
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0259923
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt073528
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0896808
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0517939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0508751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0472477
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0697042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0465310
IRS990ScheduleA/Total509Grp/TotalAmt02661519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0518108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0508845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0472546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0697085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0465317
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02661901
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0211962
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01100524
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01312486
IRS990ScheduleD/EquipmentGrp/BookValueAmt025709
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075622
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0101331
IRS990ScheduleD/ExpensesNotReportedAmt07299
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0543559
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0795372
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0795372
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0601753
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119208
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt235897
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVES
IRS990ScheduleD/OtherExpensesIncludedAmt07299
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07870
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02195
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01107220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0830
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0830
IRS990ScheduleD/RevenueSubtotalAmt0519336
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VIRGINIA RENT ESCROW LAW REQUIRES THE CORPORATION TO MAINTAIN A SEPARATE ACCOUNT FOR DEPOSITS PAID BY THE TENANTS, AND TO CREDIT THE DEPOSITS ANNUALLY WITH INTEREST AT 4% BELOW THE FEDERAL RESERVE BOND DISCOUNT RATE AS OF JANUARY 1 OF EACH YEAR. THE AMOUNT OF $19,208 ON THE ACCOMPANYING BALANCE SHEET REPRESENTS FUNDS DEPOSITED IN A SAVINGS ACCOUNT WITH A BALANCE WHICH IS AT LEAST EQUAL TO THE TENANTS' SECURITY DEPOSITS. TENANT SECURITY DEPOSITS ARE HELD IN A FEDERALLY INSURED BANK.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PREPAID RENTS EXCLUDED FOR TAX -1,228. INSURANCE REIMBURSEMENT 2,502. LOSS ON SALE OF ASSETS -444.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON SALE OF ASSETS 851. ADJUST FOR TAX DEPRECIATION 8,950. INSURANCE REIMBURSEMENT -2,502.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01040913
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0656858
IRS990ScheduleD/TotalExpensesPerForm990Amt0543559
IRS990ScheduleD/TotalLiabilityAmt01107220
IRS990ScheduleD/TotalRevenuePerForm990Amt0520166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0519336
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0550858
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0126275
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT FOR CONTINUING OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AHC INC
IRS990ScheduleI/RecipientTable/RecipientEIN0541026365
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02230 NORTH FAIRFAX DR STE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022201
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt057838
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt166375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt21015
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt39766
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0266980
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1303988
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2192291
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3189419
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt093033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt195577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt2577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt337172
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,807,389
Liabilities
$1,159,992
Net assets
$647,397
Revenue
$520,166
Expenses
$543,559
Net income
-$23,393
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$2.47$0.91$0.84$0.61$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.32$2.61$0.71$0.73$0.63$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.49$2.86$0.63$0.75$0.75$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.51$2.85$0.65$0.68$0.99$0.30
2020Detailed filing. Detailed filing data is available for this year.$3.13$2.36$0.77$0.64$0.57$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.89$1.18$0.71$0.60$0.56$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.86$1.17$0.69$0.55$0.55$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.87$1.18$0.69$0.55$0.56$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.88$1.17$0.71$0.54$0.47$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.81$1.16$0.65$0.52$0.54$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.89$1.21$0.68$0.51$0.42$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.92$1.34$0.59$0.47$0.58$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.39$0.69$0.52
2011Summary only. Only limited summary data is available for this year.$2.02$1.57$0.44$0.47$0.38$0.08