Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
990 • Fiscal year 2024 • EIN 56-1336437
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Assets
Down$752,018
Down $18,071 (-2.3%) from 2023
Net Assets
Up-$636,593
Up $43,052 (+6.3%) from 2023
Liabilities
Down$1,388,611
Down $61,123 (-4.2%) from 2023
Revenue
Up$475,440
Up $17,695 (+3.9%) from 2023
Expenses
Up$432,388
Up $6,406 (+1.5%) from 2023
Net Income
Up$43,052
Up $11,289 (+36%) from 2023
To provide housing and related services to qualified elderly persons under programs supervised and subsidized by hud.
To provide housing and related services to qualified elderly persons under programs supervised and subsidized by hud
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $394,125 | $447,676 | ▲ $53,551 |
| Land, Buildings, and Equipment, Net | $270,789 | $231,190 | ▼ $39,599 |
| Intangible Assets | $61,706 | $58,264 | ▼ $3,442 |
| Prepaid Expenses and Deferred Charges | $12,686 | $8,391 | ▼ $4,295 |
| Cash and Non-Interest-Bearing Accounts | $30,761 | $5,864 | ▼ $24,897 |
| Accounts Receivable | - | $633 | - |
| Pledges and Grants Receivable | $22 | - | - |
| Total Assets | $770,089 | $752,018 | ▼ $18,071 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,357,787 | $1,357,787 | → $0 |
| Accounts Payable and Accrued Expenses | $78,971 | $17,874 | ▼ $61,097 |
| Escrow Account Liability | $12,929 | $12,905 | ▼ $24 |
| Other Liabilities | $47 | $45 | ▼ $2 |
| Total Liabilities | $1,449,734 | $1,388,611 | ▼ $61,123 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-679,645 | $-636,593 | ▲ $43,052 |
| Total Net Assets Fund Balance | $-679,645 | $-636,593 | ▲ $43,052 |
| Total Liabilities and Net Assets / Fund Balance | $770,089 | $752,018 | ▼ $18,071 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $127,052 | $1,581,195 | $1,708,247 |
| Leasehold Improvements | $0 | $354,381 | $354,381 |
| Equipment | $26,508 | $68,778 | $95,286 |
| Land | $77,630 | - | $77,630 |
| Investment Program Related Org | $12,941 | - | - |
| Name | Title |
|---|---|
| Beatrice M Walker | President |
| Ilean H Mattocks | Vice President |
| Artelia E Trice | Board Member |
| Ernestine Granison | Board Member |
| William Evans | Board Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $338,052 |
| Salaries, Compensation, and Employee Benefits | $94,336 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $85,157 | - | - | $85,157 |
| Other Salaries and Wages | $31,053 | $45,846 | - | $76,899 |
| Depreciation Depletion | $53,877 | - | - | $53,877 |
| Interest | $53,124 | - | - | $53,124 |
| Insurance | $38,569 | - | - | $38,569 |
| Fees for Services Management | - | $31,499 | - | $31,499 |
| Occupancy | $22,987 | $2,132 | - | $25,119 |
| Office Expenses | - | $14,356 | - | $14,356 |
| Other Employee Benefits | $9,129 | - | - | $9,129 |
| Payroll Taxes | $8,308 | - | - | $8,308 |
| Fees for Services Accounting | - | $8,100 | - | $8,100 |
| Conferences and Meetings | - | $5,683 | - | $5,683 |
| Other Expenses | $4,674 | $5,289 | - | $4,674 |
| Advertising | - | $493 | - | $493 |
| Total Functional Expenses | $318,990 | $113,398 | $0 | $432,388 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $432,388 |
| Total Expenses per Audited Statements | $432,388 |
| Total Expenses per Form 990 | $432,388 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Prepaid Rent Revenue | $45 |
“The corporation has contracted with residential properties management, inc. To manage all day to day activities of the apartment complex”
“Form 990 is provided to the board of directors for review, approval, and signature for the purpose of filing the return”
“UPON REQUEST”
“Contracts: program service expenses 43,570. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,570. Security: program service expenses 6,060. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,060. Service coordinator expenses: program service expenses 35,527. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,527.”
“To provide housing and related services to qualified elderly persons under programs supervised and subsidized by hud”
“The organization has been granted an exemption from federal income taxes under section 501(c)(4) of the internal revenue code. Accordingly, no provision for income taxes has been recorded. Under generally accepted accounting principles, an entity must recognize tax benefits associated with a tax position taken for tax return purposes when it is more likely than not the position will be sustained. Management has determined that the organization has no uncertain tax positions that would require the organization to record a liability for unrecognized tax benefits. Management believes that the organization's tax years ended june 30, 2023, 2022 and 2021 remain subject to examination by federal and state tax jurisdictions; however, there are currently no audits for any tax periods. The organization files a tax return annually for informational purposes only.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 78971 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 17874 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 633 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 493 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 493 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | RESIDENTIAL PROPERTIES MANAGEMENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9108147338 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1268 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GARNER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27529 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 30761 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 5864 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 5683 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 5683 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 1 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 327814 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 450 |
| IRS990/CYOtherExpensesAmt | 0 | 338052 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 147176 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 43052 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 94336 |
| IRS990/CYTotalExpensesAmt | 0 | 432388 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 475440 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 53877 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 53877 |
| IRS990/Desc | 0 | TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 12929 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 12905 |
| IRS990/ExpenseAmt | 0 | 318990 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8100 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8100 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 31499 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 31499 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 85157 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 85157 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| 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/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/PersonNm | 0 | BEATRICE M WALKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ILEAN H MATTOCKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ERNESTINE GRANISON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ARTELIA E TRICE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WILLIAM EVANS |
| 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/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/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1982 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 327814 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 475440 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 38569 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 38569 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 61706 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 58264 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 53124 |
| IRS990/InterestGrp/TotalAmt | 0 | 53124 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 450 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 450 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 394125 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 447676 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2004354 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 270789 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 231190 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2235544 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1357787 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1357787 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -679645 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -636593 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -679645 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -636593 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2132 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 22987 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 25119 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 14356 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 14356 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 9129 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 9129 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES AND MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5289 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 12112 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 4674 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 12112 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5289 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4674 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 47 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 45 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 45846 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 31053 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 76899 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8308 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8308 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 22 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 12686 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8391 |
| IRS990/PrincipalOfficerNm | 0 | BEATRICE M WALKER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | GROSS RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 144574 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2602 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 144574 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 2602 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 329714 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 188 |
| IRS990/PYOtherExpensesAmt | 0 | 336431 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 127843 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 31763 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 89551 |
| IRS990/PYTotalExpensesAmt | 0 | 425982 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 457745 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 43052 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 147176 |
| 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 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 127052 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1581195 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1708247 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 26508 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 68778 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 95286 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 432388 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 0 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 374648 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 32444 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 27643 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 12941 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | REPLACEMENT RESERVE |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | ESCROW DEPOSITS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 77630 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 77630 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 354381 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 354381 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 45 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PREPAID RENT REVENUE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 475440 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AN ENTITY MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE THE ORGANIZATION TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S TAX YEARS ENDED JUNE 30, 2023, 2022 AND 2021 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS. THE ORGANIZATION FILES A TAX RETURN ANNUALLY FOR INFORMATIONAL PURPOSES ONLY. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 1B: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 231190 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 447676 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 432388 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 45 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 475440 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 475440 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 432388 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CORPORATION HAS CONTRACTED WITH RESIDENTIAL PROPERTIES MANAGEMENT, INC. TO MANAGE ALL DAY TO DAY ACTIVITIES OF THE APARTMENT COMPLEX |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, APPROVAL, AND SIGNATURE FOR THE PURPOSE OF FILING THE RETURN |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CONTRACTS: PROGRAM SERVICE EXPENSES 43,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,570. SECURITY: PROGRAM SERVICE EXPENSES 6,060. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,060. SERVICE COORDINATOR EXPENSES: PROGRAM SERVICE EXPENSES 35,527. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,527. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 770089 |
| IRS990/TotalAssetsEOYAmt | 0 | 752018 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 770089 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 752018 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 327814 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 113398 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 318990 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 432388 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1449734 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1388611 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1449734 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1388611 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -679645 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -636593 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 318990 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 147176 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 450 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 147176 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 475440 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 770089 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 752018 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 351 KEENE STREET |
| IRS990/USAddress/CityNm | 0 | HENDERSON |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27536 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BEATRICE M WALKER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2524929091 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VANCE COUNTY ELDERLY HOUSING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION T/A HERITAGE HOMES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VANC |
| ReturnHeader/Filer/EIN | 0 | 561336437 |
| ReturnHeader/Filer/PhoneNum | 0 | 2524929091 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 351 KEENE STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HENDERSON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27536 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 844233121 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SHARPE PATEL CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5510 SIX FORKS ROAD SUITE 140 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27609 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7044993893 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | REBECCA FISHER |
| ReturnHeader/ReturnTs | 0 | 2025-03-19T17:07:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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