Civic Intelligence

Key Boulevard Housing Development Corporation

990 • Fiscal year 2022 • EIN 54-1251222

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileWWW.AHCINC.ORG
2230 North Fairfax Drive 100Arlington, VA 22201

(703) 486-0626

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

3.81x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

34th percentile

-0.2%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

95th percentile

$303,097

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 40.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

45th percentile

-0.4%

Faster asset growth than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

9.7%

Faster revenue growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$3,492,815

Down $13,451 (-0.4%) from 2021

Net Assets

Down

$631,877

Down $21,525 (-3.3%) from 2021

Liabilities

Up

$2,860,938

Up $8,074 (+0.3%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin34th percentile

Revenue

Up

$750,768

Up $66,574 (+9.7%) from 2021

Expenses

Down

$751,981

Down $236,115 (-24%) from 2021

Net Income

Up

-$1,213

Up $302,689 (+100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2022

Assets$3,492,815
Liabilities$2,860,938
Net Assets$631,877
Open 2022 Filing

Operations Trend

Revenue Growth56th 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

2022

Revenue$750,768
Expenses$751,981
Net Income-$1,213
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$750,768
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$2,565,264$2,467,760▼ $97,504
Cash and Non-Interest-Bearing Accounts$230,874$295,453▲ $64,579
Accounts Receivable$11,900$19,661▲ $7,761
Prepaid Expenses and Deferred Charges$823$1,998▲ $1,175
Total Assets$3,506,266$3,492,815▼ $13,451
Other Assets Total$697,405$707,943▲ $10,538
Liabilities
Other Liabilities$2,780,362$2,778,184▼ $2,178
Accounts Payable and Accrued Expenses$13,224$34,753▲ $21,529
Deferred Revenue$34,951$24,374▼ $10,577
Escrow Account Liability$24,327$23,627▼ $700
Total Liabilities$2,852,864$2,860,938▲ $8,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$653,402$631,877▼ $21,525
Total Net Assets Fund Balance$653,402$631,877▼ $21,525
Total Liabilities and Net Assets / Fund Balance$3,506,266$3,492,815▼ $13,451

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,463,717$1,347,031$2,810,748
Land$795,372-$795,372
Equipment$52,125$159,613$211,738
Other Land Buildings$156,546$34,067$190,613
Other Assets Org$79,750--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleOtherTotal
Susan CunninghamPresident Until 6/22$143,693$143,693

Board Members and Trustees

NameTitle
Paul BernardPresident
Stephen SmithSr. Vice President Until 6/22
Alan GoldsteinVice President
Jennifer EndoSecretary
John WelshSecretary Until 7/22
Steve YeatmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$750,768
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,213

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,345
Revenue Not Reported on Financial Statements
$-10,577
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-10,577
Total Revenue per Audited Statements
$761,345
Total Revenue per Form 990
$750,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$491,574
Grants and Similar Amounts Paid$188,927
Salaries, Compensation, and Employee Benefits$71,480
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$321,391--$321,391
Grants to Domestic Orgs$188,927--$188,927
Depreciation Depletion$66,615--$66,615
Other Salaries and Wages$64,297--$64,297
Fees for Services Management-$30,676-$30,676
Fees for Services Other$2,760$17,976-$20,736
Office Expenses$19,078--$19,078
Fees for Services Accounting-$11,127-$11,127
Information Technology$9,267--$9,267
Payroll Taxes$4,429--$4,429
Other Employee Benefits$2,754--$2,754
Advertising$2,474--$2,474
Other Expenses$857--$857
Total Functional Expenses$692,202$59,779$0$751,981

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$782,870
Total Expenses per Audited Statements$782,870
Total Expenses per Form 990$751,981
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-30,889
Other Expense Adjustments$-30,889
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ahc IncArlington, VA501(c)(3)To Provide Support for Continuing Operations$188,927
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$2,778,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
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

“On march 28, 2022, the existing property management agreement, in connection with the management of the rental operations of the project, was assigned to paradigm management ii, l.p., an unrelated third party, and amended. The property management fee is based on 4% of the project's gross rent collections, as defined. For the year ended december 31, 2022, fees in the amount of $20,747 were incurred. The corporation was obligated under the terms of a property management agreement with ahc management, llc, an affiliate of the general partner, in connection with the management of the rental operations of the project. The property management fee was based on 5% of the project's gross rent collections, as defined. For the year ended december 31, 2022, fees in the amount of $9,929 were incurred.”

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 11B

“The board reviews the form 990 and approves the form 990 prior to filing with the internal revenue service.”

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

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Key Boulevard Housing Development
EIN
54-1251222
Phone
7034860626
Address
2230 NORTH FAIRFAX DRIVE 100, ARLINGTON, VA 22201

Signing Officer

Name
Steve Yeatman
Title
CFO
Phone
7034860626
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Bernard
Formed
1983
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Sc&h Group Inc
Address
910 RIDGEBROOK ROAD, SPARKS, MD 21152
Preparer
Travis Daniel
Phone
4104031500
Supplemental Narrative

Additional Explanations

FORM 990, PART IX, LINE 16 OCCUPANCY EXPENSE:

“Utilities $108,993 repairs & maintenance 81,765 real estate taxes 47,787 property insurance 21,818 miscellaneous taxes 657 interest expense 60,500 total occupancy expense $321,391”

FORM 990, PART XI, LINE 9:

“Book to tax adjustments -20,312.”

Form 990, Part XII, Line 2C

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

Financial Statement Notes

PART IV, LINE 2B:

“The amounts of $23,627 and $24,327 as of december 31, 2022 and 2021, respectively, represent escrow account of tenant security held in trust. Tenant security deposits are held in a federally insured bank per virginia rent escrow law.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Prepaid rents included for tax -10,577.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“DEPRECIATION -30,889.”

Raw XML AppendixShowing 400 of 1,744 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt2857
IRS990/OtherExpensesGrp/TotalAmt06688
IRS990/OtherExpensesGrp/TotalAmt12665
IRS990/OtherExpensesGrp/TotalAmt2857
IRS990/OtherLiabilitiesGrp/BOYAmt02780362
IRS990/OtherLiabilitiesGrp/EOYAmt02778184
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064297
IRS990/OtherSalariesAndWagesGrp/TotalAmt064297
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04429
IRS990/PayrollTaxesGrp/TotalAmt04429
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0823
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01998
IRS990/PrincipalOfficerNm0PAUL BERNARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0740843
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21568
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0740843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21568
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0233566
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0670690
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0684194
IRS990/PYRevenuesLessExpensesAmt0-303902
IRS990/PYSalariesCompEmpBnftPaidAmt083840
IRS990/PYTotalExpensesAmt0988096
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0684194
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1213
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0750768
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0327
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0222
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0750768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0684194
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0644176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0596379
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0551908
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03227425
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0899
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.46480
IRS990ScheduleA/PublicSupportPY509Pct00.47080
IRS990ScheduleA/PublicSupportTotal509Amt01500466
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0435511
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0334993
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0340013
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0307707
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0308735
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01726959
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0435511
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0334993
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0340013
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0307707
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0308735
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01726959
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0750768
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0684194
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0644176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0596379
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0551908
IRS990ScheduleA/Total509Grp/TotalAmt03227425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0750768
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0684194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0644503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0596729
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0552130
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03228324
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01463717
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01347031
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02810748
IRS990ScheduleD/EquipmentGrp/BookValueAmt052125
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0159613
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211738
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-30889
IRS990ScheduleD/ExpensesSubtotalAmt0782870
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0795372
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0795372
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0601753
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt126440
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt279750
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVES
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-30889
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0156546
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034067
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0190613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02778184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-10577
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-10577
IRS990ScheduleD/RevenueSubtotalAmt0761345
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AMOUNTS OF $23,627 AND $24,327 AS OF DECEMBER 31, 2022 AND 2021, RESPECTIVELY, REPRESENT ESCROW ACCOUNT OF TENANT SECURITY HELD IN TRUST. TENANT SECURITY DEPOSITS ARE HELD IN A FEDERALLY INSURED BANK PER VIRGINIA RENT ESCROW LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PREPAID RENTS INCLUDED FOR TAX -10,577.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION -30,889.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02467760
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0707943
IRS990ScheduleD/TotalExpensesPerForm990Amt0751981
IRS990ScheduleD/TotalLiabilityAmt02778184
IRS990ScheduleD/TotalRevenuePerForm990Amt0750768
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0761345
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0782870
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0188927
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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/SupplementalInformationDetail/ExplanationTxt0KEY BOULEVARD HOUSING DEVELOPMENT CORPORATION WILL MAKE CHARITABLE DONATIONS TO AHC, INC., A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). THE DONATION EACH YEAR IS CONTINGENT UPON THE ORGANIZATION'S BOARD APPROVAL DURING THE BUDGET PROCESS. KEY BOULEVARD HOUSING DEVELOPMENT CORPORATION ACKNOWLEDGES THAT AHC, INC. PROMISES TO USE THE AMOUNT DONATED FOR THE PURPOSES SPECIFIED. KEY BOULEVARD HOUSING DEVELOPMENT CORPORATION DOES NOT TYPICALLY AWARD OUTSIDE GRANTS TO OTHER ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt026000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt19141
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt415000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0249734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1249341
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2224463
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3206692

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,492,815
Liabilities
$2,860,938
Net assets
$631,877
Revenue
$750,768
Expenses
$751,981
Net income
-$1,213
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