Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Down$5,998,434
Down $196,287 (-3.2%) from 2013
Net Assets
Down-$864,344
Down $177,733 (-26%) from 2013
Liabilities
Down$6,862,778
Down $18,554 (-0.3%) from 2013
Revenue
Up$832,986
Up $78,639 (+10%) from 2013
Expenses
Down$933,900
Down $20,714 (-2.2%) from 2013
Net Income
Up-$100,914
Up $99,353 (+50%) from 2013
To provide safe, sanitary, affordable housing for very low income persons and families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $5,598,968 | $5,403,576 | ▼ $195,392 |
| Intangible Assets | $280,918 | $273,718 | ▼ $7,200 |
| Investments Program Related | $270,694 | $193,821 | ▼ $76,873 |
| Accounts Receivable | $10,119 | $55,201 | ▲ $45,082 |
| Cash and Non-Interest-Bearing Accounts | $5,291 | $41,485 | ▲ $36,194 |
| Prepaid Expenses and Deferred Charges | $11,421 | $12,119 | ▲ $698 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $6,194,721 | $5,998,434 | ▼ $196,287 |
| Other Assets Total | $17,310 | $18,514 | ▲ $1,204 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $6,708,652 | $6,655,930 | ▼ $52,722 |
| Accounts Payable and Accrued Expenses | $142,651 | $138,994 | ▼ $3,657 |
| Unsecured Notes Loans Payable | - | $43,527 | - |
| Other Liabilities | $17,226 | $17,765 | ▲ $539 |
| Deferred Revenue | $12,803 | $6,562 | ▼ $6,241 |
| Total Liabilities | $6,881,332 | $6,862,778 | ▼ $18,554 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-686,611 | $-864,344 | ▼ $177,733 |
| Total Net Assets Fund Balance | $-686,611 | $-864,344 | ▼ $177,733 |
| Total Liabilities and Net Assets / Fund Balance | $6,194,721 | $5,998,434 | ▼ $196,287 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,063,317 | $1,834,132 | $6,897,449 |
| Other Land Buildings | $213,261 | $446,914 | $660,175 |
| Equipment | $85,707 | $47,906 | $133,613 |
| Land | $41,291 | - | $41,291 |
| Investment Program Related Org | $50,524 | - | - |
| Name | Title |
|---|---|
| Jimmie Ford | Chairman |
| Hughes Jones | Director |
| Larry Johnson | Director |
| Nicky Williams | Director |
| Thomas Bond | Director |
| Samuel Lloyd | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $933,900 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $561,615 | - | - | $561,615 |
| Depreciation Depletion | $203,841 | - | - | $203,841 |
| Fees for Services Management | - | $56,029 | - | $56,029 |
| Office Expenses | - | $17,872 | - | $17,872 |
| Other Expenses | $9,972 | - | - | $9,972 |
| Fees for Services Accounting | - | $5,800 | - | $5,800 |
| Fees for Services Legal | $1,618 | - | - | $1,618 |
| Advertising | - | $365 | - | $365 |
| Total Functional Expenses | $853,834 | $80,066 | $0 | $933,900 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $933,900 |
| Total Expenses per Audited Statements | $933,900 |
| Total Expenses per Form 990 | $933,900 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Security deposits held | $17,765 |
“The operations of the apartment community are managed by Multifamily Select, Inc. (MSI). MSI is a professional property management company. MSI has a project owner's and management agent's certification for multifamily housing projects with the U.S. Department of Housing and Urban Development (HUD). Under this certification, HUD has approved MSI to manage the apartment community.”
“The Board of Directors reads and reviews Form 990 prior to approving the return for filing with the IRS.”
“Form 990, the governing documents, and all related financial and policy information is kept in the organization's central file room with the books and records, and made available to the public upon written request.”
“Accounting for uncertainty in income taxes: The Corporation is exempt from federal income tax under Section 501(c)(4) of the Internal Revenue Code, and from state income tax. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 142651 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 138994 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 10119 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 55201 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To provide safe, sanitary, affordable housing for very low income persons and families. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 365 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 365 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 51900 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Multifamily Select Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7047711696 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 300 East John Street Suite 138 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Matthews |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 28105 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 5291 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 41485 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 641365 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 250 |
| IRS990/CYOtherExpensesAmt | 0 | 933900 |
| IRS990/CYOtherRevenueAmt | 0 | 13253 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 178118 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -100914 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 933900 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 832986 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 12803 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 6562 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 203841 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 203841 |
| IRS990/Desc | 0 | To provide safe, sanitary, affordable housing to very low income persons and families by operating a 104-unit apartment community pursuant to Section 8 of the National Housing Act. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | false |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExcessBusinessHoldingsInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 853834 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5800 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1618 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1618 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 56029 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 56029 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Jimmie Ford |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Larry Johnson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Thomas Bond |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Hughes Jones |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Samuel Lloyd |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Nicky Williams |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1973 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 589465 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 832986 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 280918 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 273718 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 250 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 250 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 270694 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 193821 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2328952 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5598968 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5403576 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7732528 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To provide safe, sanitary, affordable housing for very low income persons and families. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 6708652 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 6655930 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -686611 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -864344 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 561615 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 561615 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 17872 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 17872 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 17310 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 18514 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Management co. personnel costs |
| IRS990/OtherExpensesGrp/Desc | 1 | Bad debts |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 76788 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 9972 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 76788 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 9972 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 17226 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 17765 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Laundry & vending |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Tenant charges |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 10466 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 2787 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 10466 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2787 |
| IRS990/OtherRevenueTotalAmt | 0 | 13253 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11421 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 12119 |
| IRS990/PrincipalOfficerNm | 0 | Jimmie Ford |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -76819 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Rental income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 178118 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 178118 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 585697 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 25000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 475 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 929614 |
| IRS990/PYOtherRevenueAmt | 0 | 9474 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 158701 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -200267 |
| IRS990/PYTotalExpensesAmt | 0 | 954614 |
| IRS990/PYTotalRevenueAmt | 0 | 754347 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -100914 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 178118 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 5063317 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1834132 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6897449 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 85707 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 47906 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 133613 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 933900 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 143297 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 50524 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Replacement reserve fund |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Restricted escrows |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 41291 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 41291 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 213261 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 446914 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 660175 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 17765 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Security deposits held |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 832986 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Accounting for uncertainty in income taxes: The Corporation is exempt from federal income tax under Section 501(c)(4) of the Internal Revenue Code, and from state income tax. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5403576 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 933900 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 17765 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 832986 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 832986 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 933900 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The operations of the apartment community are managed by Multifamily Select, Inc. (MSI). MSI is a professional property management company. MSI has a project owner's and management agent's certification for multifamily housing projects with the U.S. Department of Housing and Urban Development (HUD). Under this certification, HUD has approved MSI to manage the apartment community. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Board of Directors reads and reviews Form 990 prior to approving the return for filing with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Form 990, the governing documents, and all related financial and policy information is kept in the organization's central file room with the books and records, and made available to the public upon written request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 6194721 |
| IRS990/TotalAssetsEOYAmt | 0 | 5998434 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6194721 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5998434 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 641365 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 80066 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 853834 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 933900 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 6881332 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6862778 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 6881332 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6862778 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -686611 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -864344 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 853834 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 178118 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 13503 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 178118 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 832986 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6194721 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5998434 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -686611 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -864344 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 43527 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 201 Alpha Court |
| IRS990/USAddress/City | 0 | Goldsboro |
| IRS990/USAddress/State | 0 | NC |
| IRS990/USAddress/ZIPCode | 0 | 27530 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jimmie Ford |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-12-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | Alpha Arms Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALPH |
| ReturnHeader/Filer/EIN | 0 | 561082871 |
| ReturnHeader/Filer/PhoneNum | 0 | 9197351222 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 201 Alpha Court |
| ReturnHeader/Filer/USAddress/City | 0 | Goldsboro |
| ReturnHeader/Filer/USAddress/State | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 27530 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | Edgley PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 5216 Central Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | Indianapolis |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 462203039 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3177211727 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.