Civic Intelligence

Lee Gardens Housing Corporation

990 • Fiscal year 2014 • EIN 54-1516042

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 27, 2015

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

0.74x

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

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.81x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

90th percentile

47%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

70th percentile

$344,140

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

93rd percentile

35%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

326%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$28,576,726

Up $7,404,274 (+35%) from 2013

Net Assets

Up

$7,504,098

Up $12,267,711 (+258%) from 2013

Liabilities

Down

$21,072,628

Down $4,863,437 (-19%) from 2013

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin90th percentile

Revenue

Up

$26,097,330

Up $19,965,922 (+326%) from 2013

Expenses

Up

$13,829,619

Up $8,039,908 (+139%) from 2013

Net Income

Up

$12,267,711

Up $11,926,014 (+3490%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$60M$40M$20M$0-$20MAssets 2011: $20,841,764Liabilities 2011: $25,834,401Net Assets 2011: -$4,992,6372011Assets 2012: $21,275,399Liabilities 2012: $26,381,691Net Assets 2012: -$5,106,2922012Assets 2013: $21,172,452Liabilities 2013: $25,936,065Net Assets 2013: -$4,763,6132013Assets 2014: $28,576,726Liabilities 2014: $21,072,628Net Assets 2014: $7,504,0982014Assets 2015: $23,693,735Liabilities 2015: $19,342,020Net Assets 2015: $4,351,7152015Assets 2016: $24,776,732Liabilities 2016: $19,342,019Net Assets 2016: $5,434,7132016Assets 2017: $25,912,854Liabilities 2017: $19,342,019Net Assets 2017: $6,570,8352017Assets 2018: $27,101,235Liabilities 2018: $19,342,019Net Assets 2018: $7,759,2162018Assets 2019: $27,716,346Liabilities 2019: $19,344,712Net Assets 2019: $8,371,6342019Assets 2020: $27,590,263Liabilities 2020: $19,344,712Net Assets 2020: $8,245,5512020Assets 2021: $33,404,956Liabilities 2021: $23,713,754Net Assets 2021: $9,691,2022021Assets 2022: $40,000,237Liabilities 2022: $23,700,281Net Assets 2022: $16,299,9562022Assets 2023: $40,862,988Liabilities 2023: $23,070,566Net Assets 2023: $17,792,4222023Assets 2024: $41,308,697Liabilities 2024: $22,622,109Net Assets 2024: $18,686,5882024

Highlighted filing

2014

Assets$28,576,726
Liabilities$21,072,628
Net Assets$7,504,098
Open 2014 Filing

Operations Trend

Revenue Growth98th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $5,880,837Expenses 2011: $5,184,837Net Income 2011: $696,0002011Expenses 2012: $6,069,6002012Revenue 2013: $6,131,408Expenses 2013: $5,789,711Net Income 2013: $341,6972013Revenue 2014: $26,097,330Expenses 2014: $13,829,619Net Income 2014: $12,267,7112014Revenue 2015: $1,451,117Expenses 2015: $4,603,500Net Income 2015: -$3,152,3832015Revenue 2016: $1,425,912Expenses 2016: $342,914Net Income 2016: $1,082,9982016Revenue 2017: $1,495,687Expenses 2017: $359,565Net Income 2017: $1,136,1222017Revenue 2018: $1,558,515Expenses 2018: $370,133Net Income 2018: $1,188,3822018Revenue 2019: $1,633,408Expenses 2019: $1,020,990Net Income 2019: $612,4182019Revenue 2020: $1,638,037Expenses 2020: $1,764,120Net Income 2020: -$126,0832020Revenue 2021: $2,498,487Expenses 2021: $2,196,925Net Income 2021: $301,5622021Revenue 2022: $2,872,714Expenses 2022: $2,324,674Net Income 2022: $548,0402022Revenue 2023: $2,944,714Expenses 2023: $1,455,542Net Income 2023: $1,489,1722023Revenue 2024: $3,041,267Expenses 2024: $2,149,157Net Income 2024: $892,1102024

Highlighted filing

2014

Revenue$26,097,330
Expenses$13,829,619
Net Income$12,267,711
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 27, 2015
Return Version
2014v5.0
Gross Receipts
$40,038,981
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$22,573,726-
Land, Buildings, and Equipment, Net$14,212,808$0▼ $14,212,808
Cash and Non-Interest-Bearing Accounts$1,483,313$5,092,627▲ $3,609,314
Intangible Assets$2,362,484$0▼ $2,362,484
Accounts Receivable$71,232$535,329▲ $464,097
Prepaid Expenses and Deferred Charges$24,301$0▼ $24,301
Total Assets$21,172,452$28,576,726▲ $7,404,274
Other Assets Total$3,018,314$375,044▼ $2,643,270
Liabilities
Tax Exempt Bond Liabilities$24,450,000$0▼ $24,450,000
Deferred Revenue$918,270$19,342,020▲ $18,423,750
Other Liabilities$81,606$1,538,157▲ $1,456,551
Escrow Account Liability$238,577$0▼ $238,577
Accounts Payable and Accrued Expenses$247,612$192,451▼ $55,161
Total Liabilities$25,936,065$21,072,628▼ $4,863,437
Net Assets / Fund Balance
Unrestricted Net Assets$-4,763,613$7,504,098▲ $12,267,711
Total Net Assets Fund Balance$-4,763,613$7,504,098▲ $12,267,711
Total Liabilities and Net Assets / Fund Balance$21,172,452$28,576,726▲ $7,404,274
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Steve YeatmanCFOPT$25,141$25,141

Board Members and Trustees

NameTitle
Walter WebdalePresident
Stephen SmithSenior Vice President
John WelshVice President, Multifamily Division

Highest Paid Contractors

ContractorServicesLocationCompensation
Ahc INCFees2230 NORTH FAIRFAX DRIVE SUITE 100, Arlington, VA 22201$1,405,100
Collins & Kronstadt LLPProfessional Services - Redevelopment1111 SPRING STREET, Silver Spring, VA 20910$380,052
Busy Ditch INCCivil Engineering Contractor7840 CESSNA AVENUE UNIT C, Gaithersburg, MD 20879$263,550
Ahc Management LLCProperty Management Fee2230 NORTH FAIRFAX DRIVE SUITE 100, Arlington, VA 22201$205,525
-Contract Cleaning Service2230 NORTH FAIRFAX DRIVE SUITE 909, Arlington, VA 22201$102,900
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,398,810
Investment Income
$20,698,520
Other Revenue
$0
Change in Net Assets
$12,267,711

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,097,330
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$26,097,330
Total Revenue per Form 990
$26,097,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,533,340
Grants and Similar Amounts Paid$4,776,703
Salaries, Compensation, and Employee Benefits$519,576
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,776,703--$4,776,703
Depreciation Depletion$3,268,614--$3,268,614
Occupancy$1,906,685--$1,906,685
Other Salaries and Wages$423,230--$423,230
Fees for Services Management$205,525--$205,525
Fees for Services Other$167,739$1,320-$169,059
Other Employee Benefits$62,389--$62,389
Office Expenses$56,567--$56,567
Payroll Taxes$33,957--$33,957
Information Technology$27,007--$27,007
Insurance$22,275--$22,275
Advertising$17,655--$17,655
Fees for Services Accounting-$11,700-$11,700
Other Expenses$4,803--$4,803
Fees for Services Legal$2,926--$2,926
All Other Expenses$2,606--$2,606
Travel$565--$565
Total Functional Expenses$13,816,599$13,020$0$13,829,619

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,829,619
Total Expenses per Audited Statements$13,829,619
Total Expenses per Form 990$13,829,619
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ahc IncArlington, VA501(c)(3)To Provide Support for Continuing Operations$4,776,703
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
Related Party Payables$1,538,157
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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 management fee equal to 4.0% of effective gross income. The portion of the management fee in excess of 3.25% is referred to as excess management fee and is payable only after the payment of all operating expenses. The agreement was terminated on december 4, 2014. The property managment fee for the year ended december 31, 2014 was $205,525. There was no excess management fee for the year ended december 31, 2014.”

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

“In accordance with the bylaws and articles of incorporation of lee gardens housing corporation, the directors shall be elected annually by the board of directors of ahc, inc., a related party.”

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

“There is an annual acknowledgement of policy and vendor management process.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Lee Gardens Housing Corporation
EIN
54-1516042
Phone
7034860626
Address
2230 NORTH FAIRFAX DRIVE NO 100, ARLINGTON, VA 22201

Signing Officer

Name
Steve Yeatman
Title
CFO
Phone
7034860626
Signed
2015-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Yeatman
Formed
1987
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

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 III, Line 3

“On december 4, 2014, the corporation sold the project, woodbury park apartments.”

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue code , except for unrelated business income as defined in the code. The corporation did not have any unrelated business income during the years ended december 31, 2014 and 2013. Accordingly, the corporation has no tax positions that must be considered for disclosure. The corporation adopted fasb asc 740, income taxes, which clarifies the accounting for uncertainty in income taxes. Based on its evaluation, the corporation has concluded that there are no significant uncertain tax positions requiring recognition in the financial statements. No interest or penalties have been recorded as a result of tax uncertainties. The tax years ended december 31, 2011 through december 31, 2014 remain open to examination by tax jurisdictions to which the corporation is subject.”

Raw XML AppendixShowing 400 of 1,301 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/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt013941651
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/NetAssetsOrFundBalancesBOYAmt0-4763613
IRS990/NetAssetsOrFundBalancesEOYAmt07504098
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt020634599
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020634599
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01906685
IRS990/OccupancyGrp/TotalAmt01906685
IRS990/OfficeExpensesGrp/ProgramServicesAmt056567
IRS990/OfficeExpensesGrp/TotalAmt056567
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03018314
IRS990/OtherAssetsTotalGrp/EOYAmt0375044
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062389
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062389
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1BOND FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3RENTAL EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt02742488
IRS990/OtherExpensesGrp/ProgramServicesAmt174561
IRS990/OtherExpensesGrp/ProgramServicesAmt220304
IRS990/OtherExpensesGrp/ProgramServicesAmt34803
IRS990/OtherExpensesGrp/TotalAmt02742488
IRS990/OtherExpensesGrp/TotalAmt174561
IRS990/OtherExpensesGrp/TotalAmt220304
IRS990/OtherExpensesGrp/TotalAmt34803
IRS990/OtherLiabilitiesGrp/BOYAmt081606
IRS990/OtherLiabilitiesGrp/EOYAmt01538157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0423230
IRS990/OtherSalariesAndWagesGrp/TotalAmt0423230
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022573726
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt033957
IRS990/PayrollTaxesGrp/TotalAmt033957
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024301
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0STEVE YEATMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SUBSIDY RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/Desc4OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04443697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1605132
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2284354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt352776
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04443697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1605132
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2284354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt352776
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412851
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01260140
IRS990/PYInvestmentIncomeAmt03242
IRS990/PYOtherExpensesAmt03965504
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06128166
IRS990/PYRevenuesLessExpensesAmt0341697
IRS990/PYSalariesCompEmpBnftPaidAmt0564067
IRS990/PYTotalExpensesAmt05789711
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06131408
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt012267711
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05398810
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt063921
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03242
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01919
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0789
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt070918
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05398810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06128166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05942833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05879790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05543943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt028893542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt063921
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01919
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt070918
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99760
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt028893542
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05398810
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06128166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05942833
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05879790
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05543943
IRS990ScheduleA/Total509Grp/TotalAmt028893542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05462731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06131408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05944752
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05880837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05544732
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt028964460
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013829619
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01538157
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt026097330
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE , EXCEPT FOR UNRELATED BUSINESS INCOME AS DEFINED IN THE CODE. THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013. ACCORDINGLY, THE CORPORATION HAS NO TAX POSITIONS THAT MUST BE CONSIDERED FOR DISCLOSURE. THE CORPORATION ADOPTED FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. BASED ON ITS EVALUATION, THE CORPORATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. THE TAX YEARS ENDED DECEMBER 31, 2011 THROUGH DECEMBER 31, 2014 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH THE CORPORATION IS SUBJECT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt013829619
IRS990ScheduleD/TotalLiabilityAmt01538157
IRS990ScheduleD/TotalRevenuePerForm990Amt026097330
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt026097330
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013829619
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt04776703
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE SUPPORT FOR CONTINUING OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AHC INC
IRS990ScheduleI/RecipientTable/RecipientEIN0541026365
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02230 NORTH FAIRFAX DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022201
IRS990ScheduleI/Total501c3OrgCnt01
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/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt034745
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt140000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt210000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0255090
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1290539
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2179381
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09328

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,576,726
Liabilities
$21,072,628
Net assets
$7,504,098
Revenue
$26,097,330
Expenses
$13,829,619
Net income
$12,267,711
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$22.6$18.7$3.04$2.15$0.89
2023Detailed filing. Detailed filing data is available for this year.$40.9$23.1$17.8$2.94$1.46$1.49
2022Detailed filing. Detailed filing data is available for this year.$40.0$23.7$16.3$2.87$2.32$0.55
2021Detailed filing. Detailed filing data is available for this year.$33.4$23.7$9.69$2.50$2.20$0.30
2020Detailed filing. Detailed filing data is available for this year.$27.6$19.3$8.25$1.64$1.76$0.13
2019Detailed filing. Detailed filing data is available for this year.$27.7$19.3$8.37$1.63$1.02$0.61
2018Detailed filing. Detailed filing data is available for this year.$27.1$19.3$7.76$1.56$0.37$1.19
2017Detailed filing. Detailed filing data is available for this year.$25.9$19.3$6.57$1.50$0.36$1.14
2016Detailed filing. Detailed filing data is available for this year.$24.8$19.3$5.43$1.43$0.34$1.08
2015Detailed filing. Detailed filing data is available for this year.$23.7$19.3$4.35$1.45$4.60$3.15
2014Detailed filing. Detailed filing data is available for this year.$28.6$21.1$7.50$26.1$13.8$12.3
2013Detailed filing. Detailed filing data is available for this year.$21.2$25.9$4.76$6.13$5.79$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$26.4$5.11$6.07
2011Summary only. Only limited summary data is available for this year.$20.8$25.8$4.99$5.88$5.18$0.70