Civic Intelligence

Lumber River Housing Development Incorporated

990 • Fiscal year 2019 • EIN 56-0988617

Oct 01, 2018 to Sep 30, 2019 • Filed on Dec 11, 2019

Organization ProfileN/A
1000 Parkview DriveLumberton, NC 28358

(910) 814-7338

Siviq Scores

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

Liabilities / Assets

81st percentile

1.47x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

1.89x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Net Margin

39th percentile

-13%

Higher net margin than 39% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Asset Growth

9th percentile

-9.5%

Faster asset growth than 9% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-0.4%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$914,495

Down $96,172 (-9.5%) from 2018

Net Assets

Down

-$431,349

Down $90,483 (-27%) from 2018

Liabilities

Down

$1,345,844

Down $5,689 (-0.4%) from 2018

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin39th percentile

Revenue

Down

$711,330

Down $3,006 (-0.4%) from 2018

Expenses

Up

$801,813

Up $78,404 (+11%) from 2018

Net Income

Down

-$90,483

Down $81,410 (-897%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $991,969Liabilities 2011: $1,324,377Net Assets 2011: -$332,4082011Assets 2012: $986,120Liabilities 2012: $1,316,910Net Assets 2012: -$330,7902012Assets 2013: $993,966Liabilities 2013: $1,305,889Net Assets 2013: -$311,9232013Assets 2014: $966,382Liabilities 2014: $1,271,194Net Assets 2014: -$304,8122014Assets 2015: $975,952Liabilities 2015: $1,281,451Net Assets 2015: -$305,4992015Assets 2016: $976,960Liabilities 2016: $1,277,993Net Assets 2016: -$301,0332016Assets 2017: $981,530Liabilities 2017: $1,313,323Net Assets 2017: -$331,7932017Assets 2018: $1,010,667Liabilities 2018: $1,351,533Net Assets 2018: -$340,8662018Assets 2019: $914,495Liabilities 2019: $1,345,844Net Assets 2019: -$431,3492019Assets 2020: $926,437Liabilities 2020: $1,311,540Net Assets 2020: -$385,1032020Assets 2021: $950,525Liabilities 2021: $1,303,627Net Assets 2021: -$353,1022021Assets 2022: $965,652Liabilities 2022: $1,306,014Net Assets 2022: -$340,3622022Assets 2023: $1,082,450Liabilities 2023: $1,267,929Net Assets 2023: -$185,4792023Assets 2024: $1,178,667Liabilities 2024: $1,256,374Net Assets 2024: -$77,7072024

Highlighted filing

2019

Assets$914,495
Liabilities$1,345,844
Net Assets-$431,349
Open 2019 Filing

Operations Trend

Revenue Growth34th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $620,920Expenses 2011: $635,287Net Income 2011: -$14,3672011Expenses 2012: $633,1552012Expenses 2013: $627,4852013Revenue 2014: $656,870Expenses 2014: $649,759Net Income 2014: $7,1112014Revenue 2015: $670,369Expenses 2015: $671,056Net Income 2015: -$6872015Revenue 2016: $686,659Expenses 2016: $682,193Net Income 2016: $4,4662016Revenue 2017: $834,805Expenses 2017: $865,704Net Income 2017: -$30,8992017Revenue 2018: $714,336Expenses 2018: $723,409Net Income 2018: -$9,0732018Revenue 2019: $711,330Expenses 2019: $801,813Net Income 2019: -$90,4832019Revenue 2020: $735,313Expenses 2020: $689,067Net Income 2020: $46,2462020Revenue 2021: $763,647Expenses 2021: $731,646Net Income 2021: $32,0012021Revenue 2022: $719,259Expenses 2022: $729,426Net Income 2022: -$10,1672022Revenue 2023: $809,496Expenses 2023: $654,613Net Income 2023: $154,8832023Revenue 2024: $809,166Expenses 2024: $701,397Net Income 2024: $107,7692024

Highlighted filing

2019

Revenue$711,330
Expenses$801,813
Net Income-$90,483
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Dec 11, 2019
Return Version
2018v3.2
Gross Receipts
$711,330
Mission and Program Overview

Mission

Provide housing to qualified low to moderate income families under programs supervised and subsidized by hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$642,529$594,733▼ $47,796
Investments Program Related$241,627$177,847▼ $63,780
Cash and Non-Interest-Bearing Accounts$90,781$103,131▲ $12,350
Prepaid Expenses and Deferred Charges$11,238$11,207▼ $31
Accounts Receivable$5,610$7,202▲ $1,592
Total Assets$1,010,667$914,495▼ $96,172
Other Assets Total$18,882$20,375▲ $1,493
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,011,303$1,001,657▼ $9,646
Other Liabilities$201,184$224,515▲ $23,331
Accounts Payable and Accrued Expenses$139,046$119,672▼ $19,374
Total Liabilities$1,351,533$1,345,844▼ $5,689
Net Assets / Fund Balance
Unrestricted Net Assets$-340,866$-431,349▼ $90,483
Total Net Assets Fund Balance$-340,866$-431,349▼ $90,483
Total Liabilities and Net Assets / Fund Balance$1,010,667$914,495▼ $96,172

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$470,140$1,789,409$2,259,549
Equipment$70,716$519,570$590,286
Land$53,877-$53,877
Investment Program Related Org$41,018--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Rev Jerry L Stephens SrPresident
Ernestine H JonesAsst. Secret
Rev Tyrone Watson SrChaplain
Dr Faye LewisMember
Mr Michael VaughanMember
Ms Gloria KeysMember
Rev Jerome BillupsParlimentari
Vicki D FrinkSecretary
Dr Thomas JonesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$711,225
Investment Income
$105
Other Revenue
$0
Change in Net Assets
$-90,483

Audited Revenue Reconciliation

Revenue per Audited Statements
$711,330
Total Revenue per Audited Statements
$711,330
Total Revenue per Form 990
$711,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$602,989
Salaries, Compensation, and Employee Benefits$198,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$164,117--$164,117
Fees for Services Management$79,725--$79,725
Occupancy$51,296--$51,296
Depreciation Depletion$49,334--$49,334
Insurance$43,641--$43,641
Interest$39,306--$39,306
All Other Expenses$25,947--$25,947
Other Employee Benefits$22,609--$22,609
Office Expenses$18,865--$18,865
Payroll Taxes$12,098--$12,098
Fees for Services Accounting$11,700--$11,700
Other Expenses$8,082--$8,082
Conferences and Meetings$808--$808
Advertising$667--$667
Fees for Services Legal$651--$651
Total Functional Expenses$801,813$0$0$801,813

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$801,813
Total Expenses per Audited Statements$801,813
Total Expenses per Form 990$801,813
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
Accrued Interest$204,754
Tenant Security Deposits$19,761
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The board of directors of parkview terrace apartments has contracted with residential properties management, inc to manage all day to day operations of the housing complex. The terms and conditions of the contract are detailed in the management agreement between the two parties.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided to the board for review and signature for the purpose of filing the return.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Lumber River Housing Development
EIN
56-0988617
Phone
9108147338
Address
1000 PARKVIEW DRIVE, LUMBERTON, NC 28358
Doing Business As
Parkview Terrace Apartments

Signing Officer

Name
Rev Jerry L Stephens Sr
Title
President
Phone
9198368888
Signed
2019-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Jerry L Stephens Sr
Formed
1968
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Rives & Associates Llp
Address
4515 FALLS OF NEUSE ROAD SUITE 450, RALEIGH, NC 27609
Preparer
Megan Rushford CPA
Phone
9198326848
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

“Parkview terrace apartments”

Raw XML AppendixShowing 400 of 425 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0139046
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0119672
IRS990/AccountsReceivableGrp/BOYAmt05610
IRS990/AccountsReceivableGrp/EOYAmt07202
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING TO QUALIFIED LOW TO MODERATE INCOME FAMILIES UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/AdvertisingGrp/ProgramServicesAmt0667
IRS990/AdvertisingGrp/TotalAmt0667
IRS990/AllOtherExpensesGrp/ProgramServicesAmt025947
IRS990/AllOtherExpensesGrp/TotalAmt025947
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RESIDENTIAL PROPERTIES MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum09108147338
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1268
IRS990/BooksInCareOfDetail/USAddress/CityNm0GARNER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027529
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt090781
IRS990/CashNonInterestBearingGrp/EOYAmt0103131
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0808
IRS990/ConferencesMeetingsGrp/TotalAmt0808
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0105
IRS990/CYOtherExpensesAmt0602989
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0711225
IRS990/CYRevenuesLessExpensesAmt0-90483
IRS990/CYSalariesCompEmpBnftPaidAmt0198824
IRS990/CYTotalExpensesAmt0801813
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0711330
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt049334
IRS990/DepreciationDepletionGrp/TotalAmt049334
IRS990/Desc0TO PROVIDE HOUSING TO QUALIFIED LOW TO MODERATE INCOME FAMILIES UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0PARKVIEW TERRACE APARTMENTS
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0801813
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011700
IRS990/FeesForServicesAccountingGrp/TotalAmt011700
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0651
IRS990/FeesForServicesLegalGrp/TotalAmt0651
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt079725
IRS990/FeesForServicesManagementGrp/TotalAmt079725
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0REV JERRY L STEPHENS SR
IRS990/Form990PartVIISectionAGrp/PersonNm1DR THOMAS JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2ERNESTINE H JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3REV JEROME BILLUPS
IRS990/Form990PartVIISectionAGrp/PersonNm4DR FAYE LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm5REV TYRONE WATSON SR
IRS990/Form990PartVIISectionAGrp/PersonNm6MS GLORIA KEYS
IRS990/Form990PartVIISectionAGrp/PersonNm7VICKI D FRINK
IRS990/Form990PartVIISectionAGrp/PersonNm8MR MICHAEL VAUGHAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST. SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt3PARLIMENTARI
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAPLAIN
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0711330
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt043641
IRS990/InsuranceGrp/TotalAmt043641
IRS990/InterestGrp/ProgramServicesAmt039306
IRS990/InterestGrp/TotalAmt039306
IRS990/InvestmentIncomeGrp/ExclusionAmt0105
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0105
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0241627
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0177847
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02308979
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0642529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0594733
IRS990/LandBldgEquipCostOrOtherBssAmt02903712
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE HOUSING TO QUALIFIED LOW TO MODERATE INCOME FAMILIES UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01011303
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01001657
IRS990/NetAssetsOrFundBalancesBOYAmt0-340866
IRS990/NetAssetsOrFundBalancesEOYAmt0-431349
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt051296
IRS990/OccupancyGrp/TotalAmt051296
IRS990/OfficeExpensesGrp/ProgramServicesAmt018865
IRS990/OfficeExpensesGrp/TotalAmt018865
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018882
IRS990/OtherAssetsTotalGrp/EOYAmt020375
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022609
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022609
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2TRASH REMOVAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMIN
IRS990/OtherExpensesGrp/ProgramServicesAmt0181566
IRS990/OtherExpensesGrp/ProgramServicesAmt182018
IRS990/OtherExpensesGrp/ProgramServicesAmt29383
IRS990/OtherExpensesGrp/ProgramServicesAmt38082
IRS990/OtherExpensesGrp/TotalAmt0181566
IRS990/OtherExpensesGrp/TotalAmt182018
IRS990/OtherExpensesGrp/TotalAmt29383
IRS990/OtherExpensesGrp/TotalAmt38082
IRS990/OtherLiabilitiesGrp/BOYAmt0201184
IRS990/OtherLiabilitiesGrp/EOYAmt0224515
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0164117
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164117
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt012098
IRS990/PayrollTaxesGrp/TotalAmt012098
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011207
IRS990/PrincipalOfficerNm0REV JERRY L STEPHENS SR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2SPECIAL CLAIMS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc4LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0550137
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1167588
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27177
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35637
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42464
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0550137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1167588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27177
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42464
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt075
IRS990/PYOtherExpensesAmt0517395
IRS990/PYOtherRevenueAmt06543
IRS990/PYProgramServiceRevenueAmt0707718
IRS990/PYRevenuesLessExpensesAmt0-9073
IRS990/PYSalariesCompEmpBnftPaidAmt0206014
IRS990/PYTotalExpensesAmt0723409
IRS990/PYTotalRevenueAmt0714336
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-90483
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0711225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0711225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0707718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0674287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0686596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0670302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03450128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0392
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01425486
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt03450128
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0711225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0707718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0674287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0686596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0670302
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03450128
IRS990ScheduleA/TotalSupportAmt03450520
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0470140
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01789409
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02259549
IRS990ScheduleD/EquipmentGrp/BookValueAmt070716
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0519570
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0590286
IRS990ScheduleD/ExpensesSubtotalAmt0801813
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0136829
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt141018
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt053877
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0204754
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0711330
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0594733
IRS990ScheduleD/TotalBookValueProgramRltdAmt0177847
IRS990ScheduleD/TotalExpensesPerForm990Amt0801813
IRS990ScheduleD/TotalLiabilityAmt0224515
IRS990ScheduleD/TotalRevenuePerForm990Amt0711330
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0711330
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0801813
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARKVIEW TERRACE APARTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF PARKVIEW TERRACE APARTMENTS HAS CONTRACTED WITH RESIDENTIAL PROPERTIES MANAGEMENT, INC TO MANAGE ALL DAY TO DAY OPERATIONS OF THE HOUSING COMPLEX. THE TERMS AND CONDITIONS OF THE CONTRACT ARE DETAILED IN THE MANAGEMENT AGREEMENT BETWEEN THE TWO PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND SIGNATURE FOR THE PURPOSE OF FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01010667
IRS990/TotalAssetsEOYAmt0914495
IRS990/TotalAssetsGrp/BOYAmt01010667
IRS990/TotalAssetsGrp/EOYAmt0914495
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0801813
IRS990/TotalFunctionalExpensesGrp/TotalAmt0801813
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01351533
IRS990/TotalLiabilitiesEOYAmt01345844
IRS990/TotalLiabilitiesGrp/BOYAmt01351533
IRS990/TotalLiabilitiesGrp/EOYAmt01345844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-340866
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-431349
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-21778
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-21778
IRS990/TotalProgramServiceExpensesAmt0801813
IRS990/TotalProgramServiceRevenueAmt0711225
IRS990/TotalRevenueGrp/ExclusionAmt0105
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0711225
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0711330
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01010667
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0914495
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-340866
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-431349
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01000 PARKVIEW DRIVE
IRS990/USAddress/CityNm0LUMBERTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028358
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REV JERRY L STEPHENS SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09198368888
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUMBER RIVER HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0LUMB
ReturnHeader/Filer/EIN0560988617
ReturnHeader/Filer/PhoneNum09108147338

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$914,495
Liabilities
$1,345,844
Net assets
-$431,349
Revenue
$711,330
Expenses
$801,813
Net income
-$90,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$1.26$0.08$0.81$0.70$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.08$1.27$0.19$0.81$0.65$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.97$1.31$0.34$0.72$0.73$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.95$1.30$0.35$0.76$0.73$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.93$1.31$0.39$0.74$0.69$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.91$1.35$0.43$0.71$0.80$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.01$1.35$0.34$0.71$0.72$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.98$1.31$0.33$0.83$0.87$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.98$1.28$0.30$0.69$0.68$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.98$1.28$0.31$0.67$0.67$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.97$1.27$0.30$0.66$0.65$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.31$0.31$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.32$0.33$0.63
2011Summary only. Only limited summary data is available for this year.$0.99$1.32$0.33$0.62$0.64$0.01