Civic Intelligence

Lumber River Housing Development Incorporated

990 • Fiscal year 2022 • EIN 56-0988617

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 07, 2023

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

74th percentile

1.35x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • NTEE L • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

1.82x

Higher debt load relative to revenue than 57% of similar nonprofits.

2022 filings • NTEE L • $500k-$1M nonprofits • Source year 2022

Net Margin

57th percentile

-1.4%

Higher net margin than 57% of similar nonprofits.

2022 filings • NTEE L • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2022 filings • NTEE L • $500k-$1M nonprofits • Source year 2022

Asset Growth

66th percentile

1.6%

Faster asset growth than 66% of similar nonprofits.

2022 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-5.8%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$965,652

Up $15,127 (+1.6%) from 2021

Net Assets

Up

-$340,362

Up $12,740 (+3.6%) from 2021

Liabilities

Up

$1,306,014

Up $2,387 (+0.2%) from 2021

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin57th percentile

Revenue

Down

$719,259

Down $44,388 (-5.8%) from 2021

Expenses

Down

$729,426

Down $2,220 (-0.3%) from 2021

Net Income

Down

-$10,167

Down $42,168 (-132%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th 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

2022

Assets$965,652
Liabilities$1,306,014
Net Assets-$340,362
Open 2022 Filing

Operations Trend

Revenue Growth25th 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

2022

Revenue$719,259
Expenses$729,426
Net Income-$10,167
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 7, 2023
Return Version
2021v4.0
Gross Receipts
$719,338
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$528,312$481,487▼ $46,825
Investments Program Related$291,103$369,010▲ $77,907
Prepaid Expenses and Deferred Charges$12,179$58,045▲ $45,866
Intangible Assets-$21,149-
Accounts Receivable$9,952$12,019▲ $2,067
Cash and Non-Interest-Bearing Accounts$64,964$3,299▼ $61,665
Total Assets$927,838$965,652▲ $37,814
Other Assets Total$21,328$20,643▼ $685
Liabilities
Mortgage Notes Payable Secured by Investment Property$980,384$968,667▼ $11,717
Accounts Payable and Accrued Expenses$82,595$314,700▲ $232,105
Other Liabilities$217,961$22,647▼ $195,314
Total Liabilities$1,280,940$1,306,014▲ $25,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-353,102$-340,362▲ $12,740
Total Net Assets Fund Balance$-353,102$-340,362▲ $12,740
Total Liabilities and Net Assets / Fund Balance$927,838$965,652▲ $37,814

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$360,606$1,898,943$2,259,549
Land$53,877-$53,877
Investment Program Related Org$66,865--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Rev Jerry L Stephens SrPresident
Michael VaughanDirector
Rev Sammy L ShropshireDirector
Rev Vista JonesDirector
Rev Tyrone Watson SrChaplain
Rev Jerome BillupsModerator
Min Renee B GuinyardRecording Se
Dr Thomas JonesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$525,396
Program Service Revenue
$193,763
Investment Income
$16
Other Revenue
$84
Change in Net Assets
$-10,167

Audited Revenue Reconciliation

Revenue per Audited Statements
$719,259
Total Revenue per Audited Statements
$719,259
Total Revenue per Form 990
$719,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$509,547
Salaries, Compensation, and Employee Benefits$219,879
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,457$101,984-$182,441
Insurance$117,112--$117,112
Fees for Services Management-$60,524-$60,524
Depreciation Depletion$48,283--$48,283
Occupancy$36,345$4,250-$40,595
Interest$37,354--$37,354
Office Expenses-$24,585-$24,585
Fees for Services Accounting-$23,700-$23,700
Other Employee Benefits$21,615--$21,615
Payroll Taxes$6,978$8,845-$15,823
All Other Expenses$2,057$12,732-$14,789
Fees for Services Other$11,290--$11,290
Other Expenses$10,947--$10,947
Advertising-$2,553-$2,553
Conferences and Meetings-$1,931-$1,931
Fees for Services Legal-$496-$496
Total Functional Expenses$487,826$241,600$0$729,426

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$729,426
Total Expenses per Audited Statements$729,426
Total Expenses per Form 990$729,426
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
Tenant Security Deposits$22,647
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
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
7043218076
Signed
2023-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Jerry L Stephens Sr
Formed
1968
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 630, CHARLOTTE, NC 28203
Preparer
Megan Rushford CPA
Phone
7044993893
Supplemental Narrative

Additional Explanations

Form 990

“Doing business as - additional names parkview terrace apartments”

Raw XML AppendixShowing 400 of 414 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/BOYAmt082595
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0314700
IRS990/AccountsReceivableGrp/BOYAmt09952
IRS990/AccountsReceivableGrp/EOYAmt012019
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING TO QUALIFIED LOW TO MODERATE INCOME FAMILIES UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02553
IRS990/AdvertisingGrp/TotalAmt02553
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012732
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02057
IRS990/AllOtherExpensesGrp/TotalAmt014789
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MULTIFAMILY SELECT INC
IRS990/BooksInCareOfDetail/PhoneNum08557917371
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 EAST JOHN STREET STE 138
IRS990/BooksInCareOfDetail/USAddress/CityNm0MATTHEWS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028105
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt064964
IRS990/CashNonInterestBearingGrp/EOYAmt03299
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01931
IRS990/ConferencesMeetingsGrp/TotalAmt01931
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0525396
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt016
IRS990/CYOtherExpensesAmt0509547
IRS990/CYOtherRevenueAmt084
IRS990/CYProgramServiceRevenueAmt0193763
IRS990/CYRevenuesLessExpensesAmt0-10167
IRS990/CYSalariesCompEmpBnftPaidAmt0219879
IRS990/CYTotalExpensesAmt0729426
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0719259
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt048283
IRS990/DepreciationDepletionGrp/TotalAmt048283
IRS990/Desc0PROVIDE 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/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0487826
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023700
IRS990/FeesForServicesAccountingGrp/TotalAmt023700
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0496
IRS990/FeesForServicesLegalGrp/TotalAmt0496
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt060524
IRS990/FeesForServicesManagementGrp/TotalAmt060524
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt011290
IRS990/FeesForServicesOtherGrp/TotalAmt011290
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0REV JERRY L STEPHENS SR
IRS990/Form990PartVIISectionAGrp/PersonNm1DR THOMAS JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2REV JEROME BILLUPS
IRS990/Form990PartVIISectionAGrp/PersonNm3REV TYRONE WATSON SR
IRS990/Form990PartVIISectionAGrp/PersonNm4REV SAMMY L SHROPSHIRE
IRS990/Form990PartVIISectionAGrp/PersonNm5MIN RENEE B GUINYARD
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL VAUGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm7REV VISTA JONES
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2MODERATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAPLAIN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5RECORDING SE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-79
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0525396
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0719338
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0117112
IRS990/InsuranceGrp/TotalAmt0117112
IRS990/IntangibleAssetsGrp/EOYAmt021149
IRS990/InterestGrp/ProgramServicesAmt037354
IRS990/InterestGrp/TotalAmt037354
IRS990/InvestmentIncomeGrp/ExclusionAmt095
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt095
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0291103
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0369010
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02449651
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0528312
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0481487
IRS990/LandBldgEquipCostOrOtherBssAmt02931138
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt079
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/BOYAmt0980384
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0968667
IRS990/NetAssetsOrFundBalancesBOYAmt0-353102
IRS990/NetAssetsOrFundBalancesEOYAmt0-340362
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-79
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-79
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-353102
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-340362
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt04250
IRS990/OccupancyGrp/ProgramServicesAmt036345
IRS990/OccupancyGrp/TotalAmt040595
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024585
IRS990/OfficeExpensesGrp/TotalAmt024585
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021328
IRS990/OtherAssetsTotalGrp/EOYAmt020643
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021615
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021615
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2HVAC MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt052508
IRS990/OtherExpensesGrp/ProgramServicesAmt150825
IRS990/OtherExpensesGrp/ProgramServicesAmt212055
IRS990/OtherExpensesGrp/ProgramServicesAmt310947
IRS990/OtherExpensesGrp/TotalAmt052508
IRS990/OtherExpensesGrp/TotalAmt150825
IRS990/OtherExpensesGrp/TotalAmt212055
IRS990/OtherExpensesGrp/TotalAmt310947
IRS990/OtherLiabilitiesGrp/BOYAmt0217961
IRS990/OtherLiabilitiesGrp/EOYAmt022647
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt084
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt084
IRS990/OtherRevenueTotalAmt084
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101984
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080457
IRS990/OtherSalariesAndWagesGrp/TotalAmt0182441
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08845
IRS990/PayrollTaxesGrp/ProgramServicesAmt06978
IRS990/PayrollTaxesGrp/TotalAmt015823
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012179
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058045
IRS990/PrincipalOfficerNm0REV JERRY L STEPHENS SR
IRS990/PriorPeriodAdjustmentsAmt022907
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY VENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0187618
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14526
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14526
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21619
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt083
IRS990/PYOtherExpensesAmt0512086
IRS990/PYOtherRevenueAmt013654
IRS990/PYProgramServiceRevenueAmt0749910
IRS990/PYRevenuesLessExpensesAmt032001
IRS990/PYSalariesCompEmpBnftPaidAmt0219560
IRS990/PYTotalExpensesAmt0731646
IRS990/PYTotalRevenueAmt0763647
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-10167
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0245801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0525396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0563446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0711225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0707718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02507785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0444
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01840417
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt02507785
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0525396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0563446
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0711225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0707718
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02507785
IRS990ScheduleA/TotalSupportAmt02508229
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0360606
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01898943
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02259549
IRS990ScheduleD/ExpensesSubtotalAmt0729426
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0302145
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt166865
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt053877
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0719259
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0414483
IRS990ScheduleD/TotalBookValueProgramRltdAmt0369010
IRS990ScheduleD/TotalExpensesPerForm990Amt0729426
IRS990ScheduleD/TotalLiabilityAmt022647
IRS990ScheduleD/TotalRevenuePerForm990Amt0719259
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0719259
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0729426
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOING BUSINESS AS - ADDITIONAL NAMES PARKVIEW 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
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/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0927838
IRS990/TotalAssetsEOYAmt0965652
IRS990/TotalAssetsGrp/BOYAmt0927838
IRS990/TotalAssetsGrp/EOYAmt0965652
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0525396
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0241600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0487826
IRS990/TotalFunctionalExpensesGrp/TotalAmt0729426
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01280940
IRS990/TotalLiabilitiesEOYAmt01306014
IRS990/TotalLiabilitiesGrp/BOYAmt01280940
IRS990/TotalLiabilitiesGrp/EOYAmt01306014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-353102
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-340362
IRS990/TotalProgramServiceExpensesAmt0487826
IRS990/TotalProgramServiceRevenueAmt0193763
IRS990/TotalRevenueGrp/ExclusionAmt095
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0193768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0719259
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0927838
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0965652
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01000 PARKVIEW DRIVE
IRS990/USAddress/CityNm0LUMBERTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028358
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REV JERRY L STEPHENS SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07043218076
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUMBER RIVER HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0LUMB
ReturnHeader/Filer/EIN0560988617
ReturnHeader/Filer/PhoneNum09108147338
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 PARKVIEW DRIVE
ReturnHeader/Filer/USAddress/CityNm0LUMBERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028358
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844233121
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARPE PATEL CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$965,652
Liabilities
$1,306,014
Net assets
-$340,362
Revenue
$719,259
Expenses
$729,426
Net income
-$10,167
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