Civic Intelligence

Lucc Ltd of Raleigh

EIN 56-1370891 • 501(c)3 • Raleigh, NC

Profile

The organtization provides low income housing for the elderly and handicapped.

2821 Laodicea DrRaleigh, NC 27610

www.cedarcrestnewlifecenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.75x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

6.91x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

23rd percentile

-5.2%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.0%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$1,746,617

Down $95,741 (-5.2%) from 2023

Liabilities

Down

$3,058,057

Down $27,871 (-0.9%) from 2023

Net Assets

Down

-$1,311,440

Down $67,870 (-5.5%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin17th percentile

Revenue

Up

$442,654

Up $16,953 (+4.0%) from 2023

Expenses

Up

$510,524

Up $626 (+0.1%) from 2023

Net Income

Up

-$67,870

Up $16,327 (+19%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $680,241Liabilities 2011: $1,816,488Net Assets 2011: -$1,136,2472011Assets 2012: $657,459Liabilities 2012: $1,783,933Net Assets 2012: -$1,126,4742012Assets 2013: $634,771Liabilities 2013: $1,763,213Net Assets 2013: -$1,128,4422013Assets 2014: $616,976Liabilities 2014: $1,735,521Net Assets 2014: -$1,118,5452014Assets 2015: $595,814Liabilities 2015: $1,707,014Net Assets 2015: -$1,111,2002015Assets 2016: $553,739Liabilities 2016: $1,674,339Net Assets 2016: -$1,120,6002016Assets 2017: $503,568Liabilities 2017: $1,657,184Net Assets 2017: -$1,153,6162017Assets 2018: $415,651Liabilities 2018: $1,560,537Net Assets 2018: -$1,144,8862018Assets 2019: $392,874Liabilities 2019: $1,529,507Net Assets 2019: -$1,136,6332019Assets 2020: $451,973Liabilities 2020: $1,533,057Net Assets 2020: -$1,081,0842020Assets 2021: $454,261Liabilities 2021: $1,547,978Net Assets 2021: -$1,093,7172021Assets 2022: $1,959,682Liabilities 2022: $3,119,055Net Assets 2022: -$1,159,3732022Assets 2023: $1,842,358Liabilities 2023: $3,085,928Net Assets 2023: -$1,243,5702023Assets 2024: $1,746,617Liabilities 2024: $3,058,057Net Assets 2024: -$1,311,4402024

Highlighted filing

2024

Assets$1,746,617
Liabilities$3,058,057
Net Assets-$1,311,440
Open 2024 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $310,849Expenses 2011: $344,056Net Income 2011: -$33,2072011Expenses 2012: $301,8002012Revenue 2013: $309,367Expenses 2013: $311,335Net Income 2013: -$1,9682013Revenue 2014: $315,691Expenses 2014: $305,794Net Income 2014: $9,8972014Revenue 2015: $325,208Expenses 2015: $317,863Net Income 2015: $7,3452015Revenue 2016: $330,524Expenses 2016: $339,924Net Income 2016: -$9,4002016Revenue 2017: $313,157Expenses 2017: $346,173Net Income 2017: -$33,0162017Revenue 2018: $353,380Expenses 2018: $344,650Net Income 2018: $8,7302018Revenue 2019: $340,319Expenses 2019: $332,066Net Income 2019: $8,2532019Revenue 2020: $373,476Expenses 2020: $317,927Net Income 2020: $55,5492020Revenue 2021: $458,047Expenses 2021: $473,066Net Income 2021: -$15,0192021Revenue 2022: $450,610Expenses 2022: $521,403Net Income 2022: -$70,7932022Revenue 2023: $425,701Expenses 2023: $509,898Net Income 2023: -$84,1972023Revenue 2024: $442,654Expenses 2024: $510,524Net Income 2024: -$67,8702024

Highlighted filing

2024

Revenue$442,654
Expenses$510,524
Net Income-$67,870
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,746,617
Liabilities
$3,058,057
Net assets
-$1,311,440
Revenue
$442,654
Expenses
$510,524
Net income
-$67,870
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$3.06$1.31$0.44$0.51$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.84$3.09$1.24$0.43$0.51$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.96$3.12$1.16$0.45$0.52$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.45$1.55$1.09$0.46$0.47$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.45$1.53$1.08$0.37$0.32$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.39$1.53$1.14$0.34$0.33$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.42$1.56$1.14$0.35$0.34$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.50$1.66$1.15$0.31$0.35$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.55$1.67$1.12$0.33$0.34$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.60$1.71$1.11$0.33$0.32$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.62$1.74$1.12$0.32$0.31$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.63$1.76$1.13$0.31$0.31$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$1.78$1.13$0.30
2011Summary only. Only limited summary data is available for this year.$0.68$1.82$1.14$0.31$0.34$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.2
Gross Receipts
$442,654
Mission and Program Overview

Mission

The organization provides low income housing for the elderly and handicapped.

The organization provides low-income housing for the elderly and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$479,730$844,234▲ $364,504
Investments Program Related$1,273,358$819,748▼ $453,610
Cash and Non-Interest-Bearing Accounts$37,218$20,066▼ $17,152
Prepaid Expenses and Deferred Charges$24,740$17,789▼ $6,951
Accounts Receivable$238$3,258▲ $3,020
Total Assets$1,842,358$1,746,617▼ $95,741
Other Assets Total$27,074$41,522▲ $14,448
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,938,579$2,943,237▲ $4,658
Accounts Payable and Accrued Expenses$135,971$101,319▼ $34,652
Escrow Account Liability$11,036$11,486▲ $450
Deferred Revenue$342$2,015▲ $1,673
Total Liabilities$3,085,928$3,058,057▼ $27,871
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,243,570$-1,311,440▼ $67,870
Total Net Assets Fund Balance$-1,243,570$-1,311,440▼ $67,870
Total Liabilities and Net Assets / Fund Balance$1,842,358$1,746,617▼ $95,741

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$594,159$1,510,667$2,104,826
Equipment$106,455$183,631$290,086
Land$124,927-$124,927
Other Land Buildings$18,693$84,461$103,154
Investment Program Related Org$2,352--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Roosevelt Scott JrPresident
Mary RogersVice President
Debra SmallwoodMember
Gilbert DorseyMember
Marvin RogersMember
Pastor Joe StevensonMember
Thomas DowdyMember
Edrisa HortonSecretary
Lonnetta RaynorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$332,780
Program Service Revenue
$94,662
Investment Income
$541
Other Revenue
$14,671
Change in Net Assets
$-67,870

Audited Revenue Reconciliation

Revenue per Audited Statements
$442,654
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$442,654
Total Revenue per Form 990
$442,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$423,665
Salaries, Compensation, and Employee Benefits$86,859
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$151,366--$151,366
Other Salaries and Wages$19,165$49,861-$69,026
Occupancy$66,433--$66,433
Fees for Services Other$58,366--$58,366
Depreciation Depletion$46,260--$46,260
Fees for Services Management-$31,023-$31,023
Office Expenses$9,733$10,284-$20,017
Other Employee Benefits$11,480--$11,480
Fees for Services Accounting-$7,755-$7,755
Payroll Taxes$6,353--$6,353
Conferences and Meetings-$3,917-$3,917
Advertising-$2,000-$2,000
Insurance$1,352--$1,352
Other Expenses$17,824$498-$498
Total Functional Expenses$388,332$122,192$0$510,524

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$510,524
Total Expenses per Audited Statements$510,524
Total Expenses per Form 990$510,524
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 a management agreement with residential properties management, inc. To handle day-to-day business activities, including bookkeeping and payroll services.”

Form 990, Part VI, Section B, Line 11B

“The organization's form 990 is reviewed and signed by the board president or vice president before it is filed.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lucc Ltd of Raleigh
EIN
56-1370891
Phone
3367241000
Address
2821 LAODICEA DR, RALEIGH, NC 27610
Doing Business As
Cedar Crest New Life Center

Signing Officer

Name
Roosevelt Scott Jr
Title
President
Phone
3367241000
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roosevelt Scott Jr
Formed
1983
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Sharpe Patel CPA
Address
5510 SIX FORKS ROAD SUITE 140, RALEIGH, NC 27609
Preparer
Rebecca Fisher
Phone
7044993893
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other contracted services : program service expenses 58,366. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,366.”

Financial Statement Notes

PART IV, LINE 2B:

“Tenant security deposits are held in a separate bank account, as required by hud. The balance of this account must equal or exceed the total liability to tenants for those deposits.”

PART X, LINE 2:

“The organization has been granted exemption from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been recorded. Under generally accepted accounting principles (gaap), an entity must recognize tax benefits associated with a tax position taken for tax return purposes when it is more likely than not that the position will be sustained. Management has determined that the organization has no uncertain tax positions requiring recognition of a liability for unrecognized tax benefits. Management believes that the organization's tax years ended december 31, 2023, 2022, and 2021 remain subject to examination by federal and state tax authorities; however, no audits are currently in progress. The organization files a tax return annually for informational purposes only.”

Raw XML AppendixShowing 400 of 472 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.

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IRS990/NetAssetsOrFundBalancesBOYAmt0-1243570
IRS990/NetAssetsOrFundBalancesEOYAmt0-1311440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1243570
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1311440
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt066433
IRS990/OccupancyGrp/TotalAmt066433
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010284
IRS990/OfficeExpensesGrp/ProgramServicesAmt09733
IRS990/OfficeExpensesGrp/TotalAmt020017
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027074
IRS990/OtherAssetsTotalGrp/EOYAmt041522
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011480
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011480
IRS990/OtherExpensesGrp/Desc0SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc1OTHER RENTING EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS ADMIN.
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012744
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2498
IRS990/OtherExpensesGrp/ProgramServicesAmt017824
IRS990/OtherExpensesGrp/TotalAmt017824
IRS990/OtherExpensesGrp/TotalAmt112744
IRS990/OtherExpensesGrp/TotalAmt24110
IRS990/OtherExpensesGrp/TotalAmt3498
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014671
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014671
IRS990/OtherRevenueTotalAmt014671
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049861
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019165
IRS990/OtherSalariesAndWagesGrp/TotalAmt069026
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06353
IRS990/PayrollTaxesGrp/TotalAmt06353
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024740
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017789
IRS990/PrincipalOfficerNm0ROOSEVELT SCOTT JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090969
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21818
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0532
IRS990/PYOtherExpensesAmt0436002
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0425169
IRS990/PYRevenuesLessExpensesAmt0-84197
IRS990/PYSalariesCompEmpBnftPaidAmt073896
IRS990/PYTotalExpensesAmt0509898
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0425701
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-67870
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0109333
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0332780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0259589
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0592369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0541
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0532
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0109333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0425169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0450535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0449136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0113822
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01547995
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt08864
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt08864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0541
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0532
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01260
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt027667
IRS990ScheduleA/OtherIncome509Grp/TotalAmt027667
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98670
IRS990ScheduleA/PublicSupportPY509Pct00.98630
IRS990ScheduleA/PublicSupportTotal509Amt02149228
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0442113
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0425169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0450535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0458000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0373411
IRS990ScheduleA/Total509Grp/TotalAmt02149228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0442654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0425701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0450610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0458047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0401143
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02178155
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0594159
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01510667
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02104826
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106455
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0183631
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0290086
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0510524
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0642470
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1174926
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt22352
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1OTHER RESERVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt0124927
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0124927
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018693
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt084461
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0103154
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0442654
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT, AS REQUIRED BY HUD. THE BALANCE OF THIS ACCOUNT MUST EQUAL OR EXCEED THE TOTAL LIABILITY TO TENANTS FOR THOSE DEPOSITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), AN ENTITY MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OF A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S TAX YEARS ENDED DECEMBER 31, 2023, 2022, AND 2021 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES; HOWEVER, NO AUDITS ARE CURRENTLY IN PROGRESS. THE ORGANIZATION FILES A TAX RETURN ANNUALLY FOR INFORMATIONAL PURPOSES ONLY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0844234
IRS990ScheduleD/TotalBookValueProgramRltdAmt0819748
IRS990ScheduleD/TotalExpensesPerForm990Amt0510524
IRS990ScheduleD/TotalRevenuePerForm990Amt0442654
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0442654
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0510524
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH RESIDENTIAL PROPERTIES MANAGEMENT, INC. TO HANDLE DAY-TO-DAY BUSINESS ACTIVITIES, INCLUDING BOOKKEEPING AND PAYROLL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS REVIEWED AND SIGNED BY THE BOARD PRESIDENT OR VICE PRESIDENT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER CONTRACTED SERVICES : PROGRAM SERVICE EXPENSES 58,366. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,366.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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