Civic Intelligence

Development Ventures Incorporated

990 • Fiscal year 2022 • EIN 56-1461066

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

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

57th percentile

0.18x

Higher debt load relative to assets than 57% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

5.50x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

7th percentile

-48%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$209,740

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 85.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

46th percentile

-0.3%

Faster asset growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$7,605,902

Down $22,318 (-0.3%) from 2021

Net Assets

Down

$6,257,754

Down $35,485 (-0.6%) from 2021

Liabilities

Up

$1,348,148

Up $13,167 (+1.0%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin7th percentile

Revenue

Up

$244,976

Up $77,934 (+47%) from 2021

Expenses

Up

$361,617

Up $44,740 (+14%) from 2021

Net Income

Up

-$116,641

Up $33,194 (+22%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth46th 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

2022

Assets$7,605,902
Liabilities$1,348,148
Net Assets$6,257,754
Open 2022 Filing

Operations Trend

Revenue Growth84th 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

2022

Revenue$244,976
Expenses$361,617
Net Income-$116,641
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$244,976
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$6,769,204$6,805,615▲ $36,411
Accounts Receivable$517,627$395,542▼ $122,085
Cash and Non-Interest-Bearing Accounts$151,995$261,278▲ $109,283
Inventories for Sale or Use$60$1,444▲ $1,384
Prepaid Expenses and Deferred Charges$72$170▲ $98
Total Assets$7,628,220$7,605,902▼ $22,318
Other Assets Total$189,262$141,853▼ $47,409
Liabilities
Unsecured Notes Loans Payable$850,000$850,000→ $0
Accounts Payable and Accrued Expenses$474,625$484,562▲ $9,937
Escrow Account Liability$5,700$9,300▲ $3,600
Other Liabilities$2,774$2,774→ $0
Deferred Revenue$1,882$1,512▼ $370
Total Liabilities$1,334,981$1,348,148▲ $13,167
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,293,239$6,257,754▼ $35,485
Total Net Assets Fund Balance$6,293,239$6,257,754▼ $35,485
Total Liabilities and Net Assets / Fund Balance$7,628,220$7,605,902▼ $22,318

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,381,101-$4,381,101
Buildings$2,424,514$635,544$3,060,058
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Denita JohnsonChief Operating Officer$148,446$148,446
Anthony SnellDirector of Development$129,774$129,774
Ralph StaleyChief Financial Officer$126,309$126,309
Dominique DunnDirector of Housing$101,625$101,625

Board Members and Trustees

NameTitle
Christine WestfallChair
Kimberly WilliamsChair
Angela HolmesDirector
Daniel C HudginsDirector
Mayme Webb-bledsoeDirector
Pebbles LucasDirector
Robert GlennDirector
Torrell ArmstrongDirector
Anthony ScottChief Executive Officer
Jillian JohnsonCity Liaison
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$244,955
Investment Income
$21
Other Revenue
$0
Change in Net Assets
$-116,641

Audited Revenue Reconciliation

Revenue per Audited Statements
$244,976
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$244,976
Total Revenue per Form 990
$244,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$347,341
Salaries, Compensation, and Employee Benefits$14,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$123,073--$123,073
Occupancy$33,967--$33,967
Fees for Services Legal-$23,153-$23,153
Office Expenses-$18,132-$18,132
Interest-$17,477-$17,477
Fees for Services Management-$16,401-$16,401
Insurance-$16,115-$16,115
Fees for Services Accounting-$14,011-$14,011
Other Salaries and Wages$10,286--$10,286
Other Expenses$7,974--$7,974
Fees for Services Other-$6,401-$6,401
Other Employee Benefits$3,990--$3,990
Total Functional Expenses$249,927$111,690$0$361,617

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$361,617
Total Expenses per Audited Statements$361,617
Total Expenses per Form 990$361,617
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$2,774
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 cfo 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
CFO
Phone
9196831551
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ralph Staley
Formed
1985
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1144 HOOPER AVENUE SUITE 203, TOMS RIVER, NJ 08753
Preparer
Richard M Larsen
Phone
7325034257
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Increase in unrestricted assets 81,156.”

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 725 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/Desc0THE MISSION OF DEVELOPMENT VENTURES INCORPORATED IS TO DEVELOP AND OPERATE AFFORDABLE HOUSING COMMUNITIES SERVING RESIDENTS OF DURHAM. DEVELOPMENT VENTURES INCORPORATED CURRENTLY SERVES AS THE OWNER OF LINCOLN APARTMENTS AND THE GOLEY POINTE PROJECT. THE ENTITY IS INVOLVED IN THE DEVELOPMENT OF 1010 WORTH STREET AND IS THE DEVELOPER FOR THE PREISS-STEELE PLACE REDEVELOPMENT PROJECT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF HOUSING
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0635544
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06769204
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06805615
IRS990/LandBldgEquipCostOrOtherBssAmt07441159
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF DEVELOPMENT VENTURES INCORPORATED IS TO DEVELOP AND OPERATE AFFORDABLE HOUSING COMMUNITIES SERVING RESIDENTS OF DURHAM, NORTH CAROLINA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06293239
IRS990/NetAssetsOrFundBalancesEOYAmt06257754
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06293239
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06257754
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt033967
IRS990/OccupancyGrp/TotalAmt033967
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018132
IRS990/OfficeExpensesGrp/TotalAmt018132
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0189262
IRS990/OtherAssetsTotalGrp/EOYAmt0141853
IRS990/OtherChangesInNetAssetsAmt081156
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03990
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03990
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt070637
IRS990/OtherExpensesGrp/ProgramServicesAmt17974
IRS990/OtherExpensesGrp/TotalAmt070637
IRS990/OtherExpensesGrp/TotalAmt17974
IRS990/OtherLiabilitiesGrp/BOYAmt02774
IRS990/OtherLiabilitiesGrp/EOYAmt02774
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010286
IRS990/OtherSalariesAndWagesGrp/TotalAmt010286
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt072
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0170
IRS990/PrincipalOfficerNm0RALPH STALEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0OTHER TENANT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TENANT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186926
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt158029
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186926
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt158029
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0296795
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0167027
IRS990/PYRevenuesLessExpensesAmt0-149835
IRS990/PYSalariesCompEmpBnftPaidAmt020082
IRS990/PYTotalExpensesAmt0316877
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0167042
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-116641
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0244976
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0334
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01174
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0244955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0166065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0284393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0185647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0507440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01388500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01174
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93240
IRS990ScheduleA/PublicSupportPY509Pct00.81840
IRS990ScheduleA/PublicSupportTotal509Amt01295761
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt014214
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt07057
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt024152
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt036816
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt092739
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt014214
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt07057
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt010500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt024152
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt036816
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt092739
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0244955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0166065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0284393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0185647
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0507440
IRS990ScheduleA/Total509Grp/TotalAmt01388500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0244976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0166080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0284433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0186411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0507774
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01389674
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02424514
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0635544
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03060058
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0361617
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt04381101
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04381101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0244976
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS IN ESCROW. THESE AMOUNTS BELONG TO THE INDIVIDUAL TENANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06805615
IRS990ScheduleD/TotalExpensesPerForm990Amt0361617
IRS990ScheduleD/TotalLiabilityAmt02774
IRS990ScheduleD/TotalRevenuePerForm990Amt0244976
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0244976
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0361617
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/CompensationBasedOnRltdOrgsAmt0209740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY SCOTT

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,605,902
Liabilities
$1,348,148
Net assets
$6,257,754
Revenue
$244,976
Expenses
$361,617
Net income
-$116,641
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