Civic Intelligence

Alpha Arms Apts

990 • Fiscal year 2015 • EIN 56-1082871

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 25, 2016

300 East John Street Suite 138Matthews, NC 28105

(704) 228-5415

Siviq Scores

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

Liabilities / Assets

96th percentile

1.17x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

8.59x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Net Margin

15th percentile

-15%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Asset Growth

28th percentile

-3.0%

Faster asset growth than 28% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-4.8%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,821,208

Down $177,226 (-3.0%) from 2014

Net Assets

Down

-$985,494

Down $121,150 (-14%) from 2014

Liabilities

Down

$6,806,702

Down $56,076 (-0.8%) from 2014

Revenue

Down

$792,798

Down $40,188 (-4.8%) from 2014

Expenses

Down

$913,948

Down $19,952 (-2.1%) from 2014

Net Income

Down

-$121,150

Down $20,236 (-20%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $2,242,144Liabilities 2011: $2,686,362Net Assets 2011: -$444,2182011Assets 2012: $6,498,931Liabilities 2012: $6,985,275Net Assets 2012: -$486,3442012Assets 2013: $6,194,721Liabilities 2013: $6,881,332Net Assets 2013: -$686,6112013Assets 2014: $5,998,434Liabilities 2014: $6,862,778Net Assets 2014: -$864,3442014Assets 2015: $5,821,208Liabilities 2015: $6,806,702Net Assets 2015: -$985,4942015Assets 2016: $5,659,327Liabilities 2016: $6,741,564Net Assets 2016: -$1,082,2372016Assets 2017: $5,486,415Liabilities 2017: $6,668,144Net Assets 2017: -$1,181,7292017Assets 2018: $5,312,205Liabilities 2018: $6,607,219Net Assets 2018: -$1,295,0142018Assets 2019: $5,123,813Liabilities 2019: $6,544,891Net Assets 2019: -$1,421,0782019Assets 2020: $4,982,172Liabilities 2020: $6,489,760Net Assets 2020: -$1,507,5882020Assets 2021: $4,866,337Liabilities 2021: $6,394,970Net Assets 2021: -$1,528,6332021Assets 2022: $4,695,512Liabilities 2022: $6,292,490Net Assets 2022: -$1,596,9782022Assets 2023: $4,531,036Liabilities 2023: $6,203,900Net Assets 2023: -$1,672,8642023Assets 2024: $4,408,784Liabilities 2024: $6,145,735Net Assets 2024: -$1,736,9512024Assets 2025: $4,104,412Liabilities 2025: $5,801,786Net Assets 2025: -$1,697,3742025

Highlighted filing

2015

Assets$5,821,208
Liabilities$6,806,702
Net Assets-$985,494

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $551,134Expenses 2011: $468,190Net Income 2011: $82,9442011Revenue 2012: $559,543Expenses 2012: $601,669Net Income 2012: -$42,1262012Revenue 2013: $754,347Expenses 2013: $954,614Net Income 2013: -$200,2672013Revenue 2014: $832,986Expenses 2014: $933,900Net Income 2014: -$100,9142014Revenue 2015: $792,798Expenses 2015: $913,948Net Income 2015: -$121,1502015Revenue 2016: $810,692Expenses 2016: $907,435Net Income 2016: -$96,7432016Revenue 2017: $814,602Expenses 2017: $914,094Net Income 2017: -$99,4922017Revenue 2018: $819,797Expenses 2018: $933,082Net Income 2018: -$113,2852018Revenue 2019: $830,954Expenses 2019: $957,018Net Income 2019: -$126,0642019Revenue 2020: $845,241Expenses 2020: $931,751Net Income 2020: -$86,5102020Revenue 2021: $871,065Expenses 2021: $892,110Net Income 2021: -$21,0452021Revenue 2022: $833,615Expenses 2022: $901,960Net Income 2022: -$68,3452022Revenue 2023: $863,412Expenses 2023: $939,298Net Income 2023: -$75,8862023Revenue 2024: $839,431Expenses 2024: $903,518Net Income 2024: -$64,0872024Revenue 2025: $1,219,067Expenses 2025: $1,179,490Net Income 2025: $39,5772025

Highlighted filing

2015

Revenue$792,798
Expenses$913,948
Net Income-$121,150
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 25, 2016
Return Version
2014v6.0
Gross Receipts
$792,798
Mission and Program Overview

Mission

To provide safe, sanitary, affordable housing for very low income persons and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,403,576$5,219,620▼ $183,956
Savings and Temporary Cash Investments$0$266,789▲ $266,789
Intangible Assets$273,718$266,515▼ $7,203
Investments Program Related$193,821$0▼ $193,821
Cash and Non-Interest-Bearing Accounts$41,485$36,820▼ $4,665
Prepaid Expenses and Deferred Charges$12,119$16,181▲ $4,062
Accounts Receivable$55,201$15,283▼ $39,918
Total Assets$5,998,434$5,821,208▼ $177,226
Other Assets Total$18,514$0▼ $18,514
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,655,930$6,600,550▼ $55,380
Accounts Payable and Accrued Expenses$138,994$137,060▼ $1,934
Unsecured Notes Loans Payable$43,527$42,411▼ $1,116
Other Liabilities$17,765$17,702▼ $63
Deferred Revenue$6,562$8,979▲ $2,417
Total Liabilities$6,862,778$6,806,702▼ $56,076
Net Assets / Fund Balance
Unrestricted Net Assets$-864,344$-985,494▼ $121,150
Total Net Assets Fund Balance$-864,344$-985,494▼ $121,150
Total Liabilities and Net Assets / Fund Balance$5,998,434$5,821,208▼ $177,226

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,929,699$1,967,750$6,897,449
Leasehold Improvements$180,252$479,923$660,175
Equipment$68,378$65,235$133,613
Land$41,291-$41,291
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jimmie FordChairman
Hughes JonesDirector
Larry JohnsonDirector
Nicky WilliamsDirector
Thomas BondDirector
Samuel LloydSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$598,737
Program Service Revenue
$193,714
Investment Income
$347
Other Revenue
$0
Change in Net Assets
$-121,150

Audited Revenue Reconciliation

Revenue per Audited Statements
$792,798
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$792,798
Total Revenue per Form 990
$792,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$913,948
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$333,201--$333,201
Depreciation Depletion$191,159--$191,159
All Other Expenses$65,550$8,022-$73,572
Fees for Services Management$57,229--$57,229
Occupancy$34,079--$34,079
Insurance$32,462--$32,462
Other Expenses$22,849--$22,849
Office Expenses$21,840--$21,840
Fees for Services Accounting-$16,050-$16,050
Fees for Services Legal-$756-$756
Total Functional Expenses$889,120$24,828$0$913,948

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$913,948
Total Expenses per Audited Statements$913,948
Total Expenses per Form 990$913,948
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$17,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has delegated control over management duties to multifamily select, inc. The affordable housing apartment complex is regulated by the u.s. Department of housing and urban development as to rent charges and operating methods. The management company was chosen due to its experience in management under these guidelines.

Form 990, Part VI, Section B, Line 11

The board of directors reviews form 990 prior to approving the return for filing.

Form 990, Part VI, Section C, Line 19

The information is available upon written request.

Filing and Contact Details

Filer

Filer Name
Alpha Arms Inc
EIN
56-1082871
Phone
7042285415
Address
300 EAST JOHN STREET SUITE 138, MATTHEWS, NC 28105

Signing Officer

Name
Jimmie Ford
Title
Chairman
Phone
9197351222
Signed
2016-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jimmie Ford
Formed
1973
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Rhonda F Skiles
Phone
3362944494
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

It is the corporation's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for 2015.

Raw XML Appendix377 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0138994
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0137060
IRS990/AccountsReceivableGrp/BOYAmt055201
IRS990/AccountsReceivableGrp/EOYAmt015283
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES.
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08022
IRS990/AllOtherExpensesGrp/ProgramServicesAmt065550
IRS990/AllOtherExpensesGrp/TotalAmt073572
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MULTIFAMILY SELECT INC
IRS990/BooksInCareOfDetail/PhoneNum07042285415
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 EAST JOHN STREET SUITE 138
IRS990/BooksInCareOfDetail/USAddress/CityNm0MATTHEWS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028105
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt041485
IRS990/CashNonInterestBearingGrp/EOYAmt036820
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0598737
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0347
IRS990/CYOtherExpensesAmt0913948
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0193714
IRS990/CYRevenuesLessExpensesAmt0-121150
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0913948
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0792798
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt06562
IRS990/DeferredRevenueGrp/EOYAmt08979
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0191159
IRS990/DepreciationDepletionGrp/TotalAmt0191159
IRS990/Desc0TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING TO VERY LOW INCOME PERSONS AND FAMILIES BY OPERATING A 104-UNIT APARTMENT COMMUNITY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0889120
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016050
IRS990/FeesForServicesAccountingGrp/TotalAmt016050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0756
IRS990/FeesForServicesLegalGrp/TotalAmt0756
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt057229
IRS990/FeesForServicesManagementGrp/TotalAmt057229
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JIMMIE FORD
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS BOND
IRS990/Form990PartVIISectionAGrp/PersonNm3HUGHES JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4SAMUEL LLOYD
IRS990/Form990PartVIISectionAGrp/PersonNm5NICKY WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0598737
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0792798
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt032462
IRS990/InsuranceGrp/TotalAmt032462
IRS990/IntangibleAssetsGrp/BOYAmt0273718
IRS990/IntangibleAssetsGrp/EOYAmt0266515
IRS990/InterestGrp/ProgramServicesAmt0333201
IRS990/InterestGrp/TotalAmt0333201
IRS990/InvestmentIncomeGrp/ExclusionAmt0347
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0347
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0193821
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02512908
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05403576
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05219620
IRS990/LandBldgEquipCostOrOtherBssAmt07732528
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06655930
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06600550
IRS990/NetAssetsOrFundBalancesBOYAmt0-864344
IRS990/NetAssetsOrFundBalancesEOYAmt0-985494
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt034079
IRS990/OccupancyGrp/TotalAmt034079
IRS990/OfficeExpensesGrp/ProgramServicesAmt021840
IRS990/OfficeExpensesGrp/TotalAmt021840
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018514
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGER SALARY REIMBURS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE PAYROLL REI
IRS990/OtherExpensesGrp/Desc2CONTRACTS
IRS990/OtherExpensesGrp/Desc3GARBAGE AND TRASH REMOV
IRS990/OtherExpensesGrp/ProgramServicesAmt047964
IRS990/OtherExpensesGrp/ProgramServicesAmt142401
IRS990/OtherExpensesGrp/ProgramServicesAmt240386
IRS990/OtherExpensesGrp/ProgramServicesAmt322849
IRS990/OtherExpensesGrp/TotalAmt047964
IRS990/OtherExpensesGrp/TotalAmt142401
IRS990/OtherExpensesGrp/TotalAmt240386
IRS990/OtherExpensesGrp/TotalAmt322849
IRS990/OtherLiabilitiesGrp/BOYAmt017765
IRS990/OtherLiabilitiesGrp/EOYAmt017702
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012119
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016181
IRS990/PrincipalOfficerNm0JIMMIE FORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1511110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3511110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY AND VENDING RE
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0170572
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114138
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28515
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3489
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0170572
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3489
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0641365
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0250
IRS990/PYOtherExpensesAmt0933900
IRS990/PYOtherRevenueAmt013253
IRS990/PYProgramServiceRevenueAmt0178118
IRS990/PYRevenuesLessExpensesAmt0-100914
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0933900
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0832986
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-121150
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0193714
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0266789
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04929699
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01967750
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06897449
IRS990ScheduleD/EquipmentGrp/BookValueAmt068378
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065235
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0133613
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0913948
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt041291
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041291
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0180252
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0479923
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0660175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0792798
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE CORPORATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05219620
IRS990ScheduleD/TotalExpensesPerForm990Amt0913948
IRS990ScheduleD/TotalLiabilityAmt017702
IRS990ScheduleD/TotalRevenuePerForm990Amt0792798
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0792798
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0913948
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO MULTIFAMILY SELECT, INC. THE AFFORDABLE HOUSING APARTMENT COMPLEX IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. THE MANAGEMENT COMPANY WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO APPROVING THE RETURN FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INFORMATION IS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05998434
IRS990/TotalAssetsEOYAmt05821208
IRS990/TotalAssetsGrp/BOYAmt05998434
IRS990/TotalAssetsGrp/EOYAmt05821208
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0598737
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024828
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0889120
IRS990/TotalFunctionalExpensesGrp/TotalAmt0913948
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06862778
IRS990/TotalLiabilitiesEOYAmt06806702
IRS990/TotalLiabilitiesGrp/BOYAmt06862778
IRS990/TotalLiabilitiesGrp/EOYAmt06806702
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-864344
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-985494
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0889120
IRS990/TotalProgramServiceRevenueAmt0193714
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0347
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0193714
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0792798
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05998434
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05821208
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-864344
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-985494
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt043527
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt042411
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 EAST JOHN STREET SUITE 138
IRS990/USAddress/CityNm0MATTHEWS
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028105
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIMMIE FORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09197351222
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALPHA ARMS INC
ReturnHeader/Filer/BusinessNameControlTxt0ALPH
ReturnHeader/Filer/EIN0561082871
ReturnHeader/Filer/PhoneNum07042285415
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 EAST JOHN STREET SUITE 138
ReturnHeader/Filer/USAddress/CityNm0MATTHEWS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028105
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 19608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274199608
ReturnHeader/PreparerPersonGrp/PhoneNum03362944494
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RHONDA F SKILES
ReturnHeader/ReturnTs02016-02-15T00:00:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.10$5.80$1.70$1.22$1.18$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$6.15$1.74$0.84$0.90$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$6.20$1.67$0.86$0.94$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$6.29$1.60$0.83$0.90$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.87$6.39$1.53$0.87$0.89$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$6.49$1.51$0.85$0.93$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$6.54$1.42$0.83$0.96$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$6.61$1.30$0.82$0.93$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$6.67$1.18$0.81$0.91$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.66$6.74$1.08$0.81$0.91$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.82$6.81$0.99$0.79$0.91$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.00$6.86$0.86$0.83$0.93$0.10
2013Summary only. Only limited summary data is available for this year.$6.19$6.88$0.69$0.75$0.95$0.20
2012Summary only. Only limited summary data is available for this year.$6.50$6.99$0.49$0.56$0.60$0.04
2011Summary only. Only limited summary data is available for this year.$2.24$2.69$0.44$0.55$0.47$0.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • $5M-$10M nonprofits