Erwin Elderly Housing Inc

990EZ • Fiscal year 2013 • EIN 56-1370854

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 31, 2014

Organization Profile N/A

1004 Bullard CourtRaleigh, NC 27615

(919) 878-0522

Siviq Scores

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

3.17x

Higher debt load relative to assets than 98% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

4.61x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

6.9%

Higher net margin than 59% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-3.9%

Faster asset growth than 37% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

-8.3%

Faster revenue growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets98th percentile

Assets

Down

$229,808

Down $9,450 (-3.9%) from 2012

Net Assets

-$497,773

No earlier filing loaded for comparison.

Liabilities

Down

$727,581

Down $20,318 (-2.7%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin59th percentile

Revenue

Down

$157,971

Down $14,306 (-8.3%) from 2012

Expenses

Down

$147,103

Down $7,214 (-4.7%) from 2012

Net Income

Down

$10,868

Down $7,092 (-39%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

Highlighted filing

2013

Assets$229,808

Liabilities$727,581

Net Assets-$497,773

Open 2013 Filing

Operations Trend

Revenue Growth34th percentile

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

Highlighted filing

2013

Revenue$157,971

Expenses$147,103

Net Income$10,868

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Mar 31, 2014
Return Version: 2013v3.1
Gross Receipts: $157,971

Mission and Program Overview

Mission

Provide housing to qualified elderly / handicapped persons under programs supervised and subsidized by hud.

Program Services

Description	Grants	Expenses
PROVIDE RENTAL HOUSING & RELATED SERVICES TO QUALIFIED ELDERLY/HANDICAPPED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY U.S. DEPT. OF HUD	-	$147,103
PROVIDE RENTAL HOUSING & RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.	-	-

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
OW GODWIN JR	President	-	$0	-	-
SE GODWIN JR	Vice-Preside	-	$0	-	-
DOUGLAS P GODWIN	Secretary/Tr	-	$0	-	-

Filing and Contact Details

Filer

EIN: 56-1370854
Phone: 9198780522

Signing Officer

Name: Ow Godwin Jr
Title: President
Phone: 9198780522
Signed: 2014-03-31

Preparer

Preparer: Leon L Rives Ii
Phone: 3362488281

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising & promotion 1,715 office expense 6,553 interest on mortgage 55,122 insurance expense 6,363 maintenance 22,965 managment fees 11,220 misc admin expenses 692 non-investment depreciation 12,101 total 116,731”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 1,880 prepaid expenses and deferred charges 5,459 1,640 land improvements 208,086 208,086 less accumulated depreciation 208,086 208,086 building equipment - portable 52,010 52,010 less accumulated depreciation 38,749 40,788 furnishings 14,849 14,849 less accumulated depreciation 14,849 14,849 office furniture and equipment 4,717 4,717 less accumulated depreciation 4,589 4,717 buildings 538,581 0 less accumulated depreciation 411,544 0 tenant deposits 5,963 7,244 misc other assets 3,814 3,814 total 155,662 25,800”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 124,605 124,757 deferred revenue 932 113 tenant deposits held in trust 5,963 7,244 loans from officers 6,900 6,900 mortgage and other notes payable 609,499 588,567”

Form 990-ez, Part III

“Provide housing to qualified elderly / handicapped persons under programs supervised and subsidized by hud.”

Form 990-ez, Part III, Line 31

“Provide rental housing & related services to qualified elderly persons under programs supervised and subsidized by hud.”

Raw XML Appendix152 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	OW GODWIN JR
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	SE GODWIN JR
CompensationExplanation/CompensationExplanationGrp/PersonNm	2	DOUGLAS P GODWIN
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1	0	EXCEL PROPERTY MANAGEMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9198780522
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	1004 BULLARD CT
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	RALEIGH
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	27615
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	33644
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	36958
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	10868
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	7212
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	239258
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	229808
IRS990EZ/GrossReceiptsAmt	0	157971
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	52
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	49952
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	167050
IRS990EZ/LoansToFromOfficersAmt	0	6900
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	true
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-508641
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-497773
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-508641
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-497773
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	5205
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	OW GODWIN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	SE GODWIN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	DOUGLAS P GODWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY/TR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	155662
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	25800
IRS990EZ/OtherExpensesTotalAmt	0	116731
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDE HOUSING TO QUALIFIED ELDERLY / HANDICAPPED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990EZ/ProgramServiceRevenueAmt	0	157919
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE RENTAL HOUSING & RELATED SERVICES TO QUALIFIED ELDERLY/HANDICAPPED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY U.S. DEPT. OF HUD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	PROVIDE RENTAL HOUSING & RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	147103
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	17955
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	747899
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	727581
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	147103
IRS990EZ/TotalProgramServiceExpensesAmt	0	147103
IRS990EZ/TotalRevenueAmt	0	157971
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	155804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	169512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	183312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	164743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	163590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	836961
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	52
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	73
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	126
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	369
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	413
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1033
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	836961
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.99880
IRS990ScheduleA/PublicSupportPY170Pct	0	0.99850
IRS990ScheduleA/PublicSupportTotal170Amt	0	836961
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	155804
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	169512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	183312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	164743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	163590
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	836961
IRS990ScheduleA/TotalSupportAmt	0	837994
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	0	6900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd	0	true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd	0	false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt	0	PAYMENT OF IRS PENALTIES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd	0	X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt	0	6900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm	0	NOTE PAYABLE - OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd	0	false
IRS990ScheduleL/TotalBalanceDueAmt	0	6900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING & PROMOTION 1,715 OFFICE EXPENSE 6,553 INTEREST ON MORTGAGE 55,122 INSURANCE EXPENSE 6,363 MAINTENANCE 22,965 MANAGMENT FEES 11,220 MISC ADMIN EXPENSES 692 NON-INVESTMENT DEPRECIATION 12,101 TOTAL 116,731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 0 1,880 PREPAID EXPENSES AND DEFERRED CHARGES 5,459 1,640 LAND IMPROVEMENTS 208,086 208,086 LESS ACCUMULATED DEPRECIATION 208,086 208,086 BUILDING EQUIPMENT - PORTABLE 52,010 52,010 LESS ACCUMULATED DEPRECIATION 38,749 40,788 FURNISHINGS 14,849 14,849 LESS ACCUMULATED DEPRECIATION 14,849 14,849 OFFICE FURNITURE AND EQUIPMENT 4,717 4,717 LESS ACCUMULATED DEPRECIATION 4,589 4,717 BUILDINGS 538,581 0 LESS ACCUMULATED DEPRECIATION 411,544 0 TENANT DEPOSITS 5,963 7,244 MISC OTHER ASSETS 3,814 3,814 TOTAL 155,662 25,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 124,605 124,757 DEFERRED REVENUE 932 113 TENANT DEPOSITS HELD IN TRUST 5,963 7,244 LOANS FROM OFFICERS 6,900 6,900 MORTGAGE AND OTHER NOTES PAYABLE 609,499 588,567
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	PROVIDE HOUSING TO QUALIFIED ELDERLY / HANDICAPPED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	PROVIDE RENTAL HOUSING & RELATED SERVICES TO QUALIFIED ELDERLY PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	OW GODWIN JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9198780522
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	ERWIN ELDERLY HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt	0	ERWI
ReturnHeader/Filer/EIN	0	561370854
ReturnHeader/Filer/PhoneNum	0	9198780522
ReturnHeader/Filer/USAddress/AddressLine1	0	1004 BULLARD COURT
ReturnHeader/Filer/USAddress/City	0	RALEIGH
ReturnHeader/Filer/USAddress/State	0	NC
ReturnHeader/Filer/USAddress/ZIPCode	0	27615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	RIVES & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	212 W CENTER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	272923012
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3362488281
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-04-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	LEON L RIVES II
ReturnHeader/ReturnTs	0	2014-04-15T13:03:32-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $229,808
Liabilities: $727,581
Net assets: -$497,773
Revenue: $157,971
Expenses: $147,103
Net income: $10,868

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$2.02	$6.48	$4.46	$1.63	$1.48	$0.15
2015Detailed filing. Detailed filing data is available for this year.	$2.05	$6.65	$4.60	$1.77	$1.69	$0.08
2014Detailed filing. Detailed filing data is available for this year.	$2.21	$6.90	$4.68	$1.91	$1.61	$0.30
2013Detailed filing. Detailed filing data is available for this year.	$2.30	$7.28	$4.98	$1.58	$1.47	$0.11
2012Summary only. Only limited summary data is available for this year.	$2.39	$7.48		$1.72	$1.54	$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.43	$7.75	$5.31	$1.83	$1.58	$0.25