Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
61st percentile
Higher top officer pay than 61% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Assets
Down$4,531,036
Down $164,476 (-3.5%) from 2022
Net Assets
Down-$1,672,864
Down $75,886 (-4.8%) from 2022
Liabilities
Down$6,203,900
Down $88,590 (-1.4%) from 2022
Revenue
Up$863,412
Up $29,797 (+3.6%) from 2022
Expenses
Up$939,298
Up $37,338 (+4.1%) from 2022
Net Income
Down-$75,886
Down $7,541 (-11%) from 2022
To provide safe, sanitary, affordable housing for very low income persons and families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $4,095,534 | $3,957,655 | ▼ $137,879 |
| Savings and Temporary Cash Investments | $327,185 | $308,912 | ▼ $18,273 |
| Intangible Assets | $224,224 | $216,750 | ▼ $7,474 |
| Prepaid Expenses and Deferred Charges | $22,636 | $22,636 | → $0 |
| Accounts Receivable | $24,660 | $15,452 | ▼ $9,208 |
| Cash and Non-Interest-Bearing Accounts | $1,273 | $9,631 | ▲ $8,358 |
| Total Assets | $4,695,512 | $4,531,036 | ▼ $164,476 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $6,032,501 | $5,812,683 | ▼ $219,818 |
| Accounts Payable and Accrued Expenses | $181,427 | $312,293 | ▲ $130,866 |
| Unsecured Notes Loans Payable | $43,527 | $43,527 | → $0 |
| Other Liabilities | $20,425 | $20,426 | ▲ $1 |
| Deferred Revenue | $14,610 | $14,971 | ▲ $361 |
| Total Liabilities | $6,292,490 | $6,203,900 | ▼ $88,590 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-1,596,978 | $-1,672,864 | ▼ $75,886 |
| Total Net Assets Fund Balance | $-1,596,978 | $-1,672,864 | ▼ $75,886 |
| Total Liabilities and Net Assets / Fund Balance | $4,695,512 | $4,531,036 | ▼ $164,476 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,860,753 | $3,036,696 | $6,897,449 |
| Leasehold Improvements | $44,182 | $659,658 | $703,840 |
| Equipment | $11,429 | $163,474 | $174,903 |
| Land | $41,291 | - | $41,291 |
| Name | Title |
|---|---|
| Jimmie Ford | Chairman |
| Christopher Griffin | Director |
| Earl Moore Jr | Director |
| Hugh Jones | Director |
| John Stokes | Director |
| Larry Johnson | Director |
| Rashad Hinnant | Director |
| Tarik Fisher | Director |
| Samuel Lloyd | Secretary |
| Nicky Williams | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $939,298 |
| 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 |
|---|---|---|---|---|
| Interest | $179,950 | - | - | $179,950 |
| Depreciation Depletion | $149,945 | - | - | $149,945 |
| All Other Expenses | $78,485 | $15,680 | - | $94,165 |
| Occupancy | $78,762 | - | - | $78,762 |
| Insurance | $73,245 | - | - | $73,245 |
| Fees for Services Management | - | $62,821 | - | $62,821 |
| Other Expenses | $42,948 | $48,585 | - | $42,948 |
| Fees for Services Other | $36,766 | - | - | $36,766 |
| Fees for Services Accounting | - | $32,984 | - | $32,984 |
| Office Expenses | - | $20,333 | - | $20,333 |
| Fees for Services Legal | - | $2,321 | - | $2,321 |
| Advertising | - | $102 | - | $102 |
| Total Functional Expenses | $730,485 | $208,813 | $0 | $939,298 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $939,298 |
| Total Expenses per Audited Statements | $939,298 |
| Total Expenses per Form 990 | $939,298 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Other Liability | $20,426 |
“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.”
“The board of directors reviews form 990 prior to approving the return for filing”
“The information is available upon written request.”
“Supplies 40,278 0 0 bad debt expense 0 14,680 0 real estate taxes 14,173 0 0 repairs & maintenance 13,311 0 0 payroll tax reimbursement 10,723 0 0 office salary reimburseme 0 1,000 0 total 78,485 15,680 0”
“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 2023.”
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 | 181427 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 312293 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 24660 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 15452 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 102 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 102 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 15680 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 78485 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 94165 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MULTIFAMILY SELECT INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7042285415 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 300 EAST JOHN STREET SUITE 138 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MATTHEWS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28105 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1273 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 9631 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 626164 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 141 |
| IRS990/CYOtherExpensesAmt | 0 | 939298 |
| IRS990/CYOtherRevenueAmt | 0 | 1108 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 235999 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -75886 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 939298 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 863412 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 14610 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 14971 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 149945 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 149945 |
| IRS990/Desc | 0 | TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES BY OPERATING A 104-UNIT APARTMENT COMMUNITY. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 730485 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 32984 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 32984 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2321 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2321 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 62821 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 62821 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 36766 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 36766 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.05 |
| 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/AverageHoursPerWeekRt | 6 | 0.05 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 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/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | 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/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TARIK FISHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JIMMIE FORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRISTOPHER GRIFFIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RASHAD HINNANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LARRY JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | HUGH JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | EARL MOORE JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SAMUEL LLOYD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOHN STOKES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | 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/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 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/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| 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 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 626164 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 863412 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 73245 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 73245 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 224224 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 216750 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 179950 |
| IRS990/InterestGrp/TotalAmt | 0 | 179950 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 141 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 141 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3859828 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4095534 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3957655 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7817483 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 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 | 6032501 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 5812683 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -1596978 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1672864 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -1596978 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -1672864 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 78762 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 78762 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 20333 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 20333 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER |
| IRS990/OtherExpensesGrp/Desc | 1 | MAINTENANCE PAYROLL REI |
| IRS990/OtherExpensesGrp/Desc | 2 | MANAGER SALARY REIMBURS |
| IRS990/OtherExpensesGrp/Desc | 3 | GARBAGE AND TRASH REMOV |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 25987 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 48585 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 33172 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 57212 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 42948 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 59159 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 57212 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 48585 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 42948 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 20425 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 20426 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1108 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1108 |
| IRS990/OtherRevenueTotalAmt | 0 | 1108 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 22636 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 22636 |
| IRS990/PrincipalOfficerNm | 0 | JIMMIE FORD |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LAUNDRY AND VENDING RE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 226184 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 6792 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 3023 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 226184 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 6792 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 3023 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 599454 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 95 |
| IRS990/PYOtherExpensesAmt | 0 | 901960 |
| IRS990/PYOtherRevenueAmt | 0 | 69 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 233997 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -68345 |
| IRS990/PYTotalExpensesAmt | 0 | 901960 |
| IRS990/PYTotalRevenueAmt | 0 | 833615 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -75886 |
| 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 | 235999 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 327185 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 308912 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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 2023. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO APPROVING THE RETURN FOR FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE INFORMATION IS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SUPPLIES 40,278 0 0 BAD DEBT EXPENSE 0 14,680 0 REAL ESTATE TAXES 14,173 0 0 REPAIRS & MAINTENANCE 13,311 0 0 PAYROLL TAX REIMBURSEMENT 10,723 0 0 OFFICE SALARY REIMBURSEME 0 1,000 0 TOTAL 78,485 15,680 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART IX, LINE 24E |
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| IRS990/USAddress/CityNm | 0 | MATTHEWS |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 28105 |
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| ReasonableCauseExplanation/ExplanationTxt | 0 | ALPHA ARMS INC CHANGED TAX PREPARERS THIS YEAR. UNFORTUNATELY, IT TOOK MORE TIME THAN EXPECTED TO UNDERSTAND THE NEW PREPARATION PROCESS, OBTAIN AND PROVIDE ALL INFORMATION REQUIRED TO PREPARE A COMPLETE AND ACCURATE RETURN. FOR THIS REASON, WE ARE REQUESTING NON-ASSERTION OF ANY LATE FILING PENALTY AS THE DELAY IN FILING WAS UNINTENTIONAL AND NOT DUE TO WILLFUL NEGLECT (IRC SECTION 6652(C)). AN EXTENSION WAS TIMELY FILED AND THIS FORM 990 WAS PREPARED AND ELECTRONICALLY SUBMITTED AS SOON AS POSSIBLE. ALL OTHER NORMAL BUSINESS CARE AND PRUDENCE HAS BEEN TAKEN TO COMPLY WITH ALL FILING REQUIREMENTS, AND LATE FILING WAS COMPLETELY INADVERTENT AND IN NO WAY DUE TO WILLFUL NEGLECT. THE ORGANIZATION HAS A GOOD FILING HISTORY AND THIS IS NOT NORMAL PRACTICE. PROCEDURES HAVE BEEN PUT INTO PLACE TO ENSURE A LATE FILING WILL NOT OCCUR IN THE FUTURE. ALPHA ARMS IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDING SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS AND FAMILIES. THE |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIMMIE FORD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7042285415 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-06-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALPHA ARMS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALPH |
| ReturnHeader/Filer/EIN | 0 | 561082871 |
| ReturnHeader/Filer/PhoneNum | 0 | 7042285415 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 300 EAST JOHN STREET SUITE 138 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MATTHEWS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28105 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 844233121 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SHARPE PATEL CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 325 ARLINGTON AVE STE 630 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHARLOTTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28203 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7044993893 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-06-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MEGAN A RIDGLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2024-07-03T15:46:35-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JIMMIE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | FORD |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
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