Civic Intelligence

Development Ventures Incorporated

990 • Fiscal year 2019 • EIN 56-1461066

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization ProfileDURHAMHOUSINGAUTHORITY.ORG
330 E Main StreetDurham, NC 27701

(919) 683-1551

Siviq Scores

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

Liabilities / Assets

51st percentile

0.16x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

6.58x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

1st percentile

-245%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$221,643

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 118.9% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

31st percentile

-1.3%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$7,676,452

Down $100,228 (-1.3%) from 2018

Net Assets

Down

$6,449,389

Down $456,163 (-6.6%) from 2018

Liabilities

Up

$1,227,063

Up $355,935 (+41%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin1st percentile

Revenue

Down

$186,411

Down $321,363 (-63%) from 2018

Expenses

Up

$642,574

Up $97,115 (+18%) from 2018

Net Income

Down

-$456,163

Down $418,478 (-1110%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$30M$20M$10M$0Assets 2010: $587,500Liabilities 2010: $38,520Net Assets 2010: $548,9802010Assets 2011: $592,906Liabilities 2011: $115,654Net Assets 2011: $477,2522011Assets 2012: $804,373Liabilities 2012: $8,446Net Assets 2012: $795,9272012Assets 2013: $993,389Liabilities 2013: $66,714Net Assets 2013: $926,6752013Assets 2014: $3,268,644Liabilities 2014: $754,180Net Assets 2014: $2,514,4642014Assets 2015: $4,749,288Liabilities 2015: $1,224,238Net Assets 2015: $3,525,0502015Assets 2016: $4,838,465Liabilities 2016: $1,173,161Net Assets 2016: $3,665,3042016Assets 2017: $8,145,265Liabilities 2017: $1,264,986Net Assets 2017: $6,880,2792017Assets 2018: $7,776,680Liabilities 2018: $871,128Net Assets 2018: $6,905,5522018Assets 2019: $7,676,452Liabilities 2019: $1,227,063Net Assets 2019: $6,449,3892019Assets 2020: $7,717,790Liabilities 2020: $1,379,985Net Assets 2020: $6,337,8052020Assets 2021: $7,628,220Liabilities 2021: $1,334,981Net Assets 2021: $6,293,2392021Assets 2022: $7,605,902Liabilities 2022: $1,348,148Net Assets 2022: $6,257,7542022Assets 2023: $12,661,500Liabilities 2023: $1,626,486Net Assets 2023: $11,035,0142023Assets 2024: $23,990,842Liabilities 2024: $10,876,935Net Assets 2024: $13,113,9072024

Highlighted filing

2019

Assets$7,676,452
Liabilities$1,227,063
Net Assets$6,449,389
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $212,6992010Expenses 2011: $78,3492011Expenses 2012: $11,0592012Revenue 2013: $363,842Expenses 2013: $233,094Net Income 2013: $130,7482013Revenue 2014: $1,824,913Expenses 2014: $237,124Net Income 2014: $1,587,7892014Revenue 2015: $1,509,003Expenses 2015: $498,417Net Income 2015: $1,010,5862015Revenue 2016: $1,228,037Expenses 2016: $932,451Net Income 2016: $295,5862016Revenue 2017: $373,836Expenses 2017: $556,788Net Income 2017: -$182,9522017Revenue 2018: $507,774Expenses 2018: $545,459Net Income 2018: -$37,6852018Revenue 2019: $186,411Expenses 2019: $642,574Net Income 2019: -$456,1632019Revenue 2020: $284,433Expenses 2020: $396,017Net Income 2020: -$111,5842020Revenue 2021: $167,042Expenses 2021: $316,877Net Income 2021: -$149,8352021Revenue 2022: $244,976Expenses 2022: $361,617Net Income 2022: -$116,6412022Revenue 2023: $550,587Expenses 2023: $732,240Net Income 2023: -$181,6532023Revenue 2024: $4,862,543Expenses 2024: $2,315,861Net Income 2024: $2,546,6822024

Highlighted filing

2019

Revenue$186,411
Expenses$642,574
Net Income-$456,163
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$186,411
Mission and Program Overview

Mission

The mission of development ventures incorporated (dvi) is to develop and operate affordable housing communities serving residents of durham, north carolina.

Development of low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,040,045$6,932,475▼ $107,570
Accounts Receivable$469,253$458,225▼ $11,028
Cash and Non-Interest-Bearing Accounts$51,503$44,704▼ $6,799
Prepaid Expenses and Deferred Charges$16,083$15,929▼ $154
Total Assets$7,776,680$7,676,452▼ $100,228
Other Assets Total$199,796$225,119▲ $25,323
Liabilities
Accounts Payable and Accrued Expenses$248,129$617,008▲ $368,879
Unsecured Notes Loans Payable$600,000$600,000→ $0
Escrow Account Liability$5,400$5,400→ $0
Other Liabilities$15,016$2,773▼ $12,243
Deferred Revenue$2,583$1,882▼ $701
Total Liabilities$871,128$1,227,063▲ $355,935
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,905,552$6,449,389▼ $456,163
Total Net Assets Fund Balance$6,905,552$6,449,389▼ $456,163
Total Liabilities and Net Assets / Fund Balance$7,776,680$7,676,452▼ $100,228

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,381,101-$4,381,101
Buildings$2,551,374$406,819$2,958,193
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Barbara NewmanCFOPT$121,804$121,804

Board Members and Trustees

NameTitle
Christine WestfallDirector
Daniel C HudginsDirector
George QuickDirector
Gloria M NottinghamDirector
Jillian JohnsonDirector
Mayme Webb-bledsoeDirector
Robert GlennDirector
Anthony ScottCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,647
Investment Income
$764
Other Revenue
$0
Change in Net Assets
$-456,163

Audited Revenue Reconciliation

Revenue per Audited Statements
$186,411
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$186,411
Total Revenue per Form 990
$186,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$621,095
Salaries, Compensation, and Employee Benefits$21,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$256,842-$256,842
Office Expenses-$112,348-$112,348
Depreciation Depletion$107,570--$107,570
Occupancy$36,742--$36,742
Fees for Services Accounting-$18,146-$18,146
Other Salaries and Wages$16,712--$16,712
Insurance-$15,684-$15,684
Fees for Services Other-$6,146-$6,146
Other Expenses$5,579--$5,579
Other Employee Benefits$4,767--$4,767
Fees for Services Legal-$3,515-$3,515
Advertising-$3-$3
Total Functional Expenses$229,890$412,684$0$642,574

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$642,574
Total Expenses per Audited Statements$642,574
Total Expenses per Form 990$642,574
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$2,773
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization has no committees.”

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

“The ceo reviews the return upon signing. A full copy of the form 990 is shared with the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Officers and key employees are required to annually disclose interests that could give rise to conflict, but board members are not required. The policy was adopted in 2008. The staff has been trained on compliance.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Development Ventures Inc
EIN
56-1461066
Phone
9196831551
Address
330 E MAIN STREET, DURHAM, NC 27701

Signing Officer

Name
Anthony Scott
Title
CEO
Phone
9196831551
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Scott
Formed
1985
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1433 HOOPER AVENUE SUITE 329, TOMS RIVER, NJ 08753
Preparer
Richard M Larsen
Phone
7325034257
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization holds tenant security deposits in escrow. These amounts belong to the individual tenants.”

Raw XML AppendixShowing 400 of 691 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/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0334
IRS990/PYOtherExpensesAmt0523039
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0507440
IRS990/PYRevenuesLessExpensesAmt0-37685
IRS990/PYSalariesCompEmpBnftPaidAmt022420
IRS990/PYTotalExpensesAmt0545459
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0507774
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-456163
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0186411
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01161436
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0980247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02141683
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0403
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01008
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0778
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0185647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0507440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0373433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt065593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0527978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01660091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01008
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0778
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03287
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93170
IRS990ScheduleA/PublicSupportPY509Pct00.95670
IRS990ScheduleA/PublicSupportTotal509Amt03545110
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt024152
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt036816
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0195696
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0256664
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt024152
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt036816
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0195696
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0256664
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0185647
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0507440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0373433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01227029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01508225
IRS990ScheduleA/Total509Grp/TotalAmt03801774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0186411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0507774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0373836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01228037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01509003
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03805061
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02551374
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0406819
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02958193
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0642574
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt04381101
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04381101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02773
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0186411
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS IN ESCROW. THESE AMOUNTS BELONG TO THE INDIVIDUAL TENANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06932475
IRS990ScheduleD/TotalExpensesPerForm990Amt0642574
IRS990ScheduleD/TotalLiabilityAmt02773
IRS990ScheduleD/TotalRevenuePerForm990Amt0186411
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0186411
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0642574
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0213648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt07995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY SCOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0221643
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0OFFICER EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. SALARIES FOR THE OFFICERS OF THE DURHAM HOUSING AUTHORITY ARE DETERMINED BY THE BOARD OF THE DURHAM HOUSING AUTHORITY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO REVIEWS THE RETURN UPON SIGNING. A FULL COPY OF THE FORM 990 IS SHARED WITH THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, BUT BOARD MEMBERS ARE NOT REQUIRED. THE POLICY WAS ADOPTED IN 2008. THE STAFF HAS BEEN TRAINED ON COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0DURHAM HOUSING AUTHORITY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GOLEY POINTE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0900885920
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt02859056
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0330 E MAIN STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DURHAM
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd027702
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0DEVELOPMENT VENTURES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1DEVELOPMENT VENTURES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt2DEVELOPMENT VENTURES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0331213397
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1463593741
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2465479499

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,676,452
Liabilities
$1,227,063
Net assets
$6,449,389
Revenue
$186,411
Expenses
$642,574
Net income
-$456,163
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$10.9$13.1$4.86$2.32$2.55
2023Detailed filing. Detailed filing data is available for this year.$12.7$1.63$11.0$0.55$0.73$0.18
2022Detailed filing. Detailed filing data is available for this year.$7.61$1.35$6.26$0.24$0.36$0.12
2021Detailed filing. Detailed filing data is available for this year.$7.63$1.33$6.29$0.17$0.32$0.15
2020Detailed filing. Detailed filing data is available for this year.$7.72$1.38$6.34$0.28$0.40$0.11
2019Detailed filing. Detailed filing data is available for this year.$7.68$1.23$6.45$0.19$0.64$0.46
2018Detailed filing. Detailed filing data is available for this year.$7.78$0.87$6.91$0.51$0.55$0.04
2017Detailed filing. Detailed filing data is available for this year.$8.15$1.26$6.88$0.37$0.56$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.84$1.17$3.67$1.23$0.93$0.30
2015Detailed filing. Detailed filing data is available for this year.$4.75$1.22$3.53$1.51$0.50$1.01
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.75$2.51$1.82$0.24$1.59
2013Detailed filing. Detailed filing data is available for this year.$0.99$0.07$0.93$0.36$0.23$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.01$0.80$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.12$0.48$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.04$0.55$0.21