Civic Intelligence

Glover Plaza Inc

990 • Fiscal year 2015 • EIN 56-1779955

Apr 01, 2014 to Mar 31, 2015 • Filed on Feb 12, 2016

Organization ProfileN/A
PO Box 899Wilmington, NC 28401-0899

(910) 341-7700

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

48th percentile

0.10x

Higher debt load relative to revenue than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

32nd percentile

-2.7%

Higher net margin than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

45th percentile

-0.4%

Faster asset growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$1,850,353

Down $7,188 (-0.4%) from 2014

Net Assets

Down

$1,812,875

Down $10,441 (-0.6%) from 2014

Liabilities

Up

$37,478

Up $3,253 (+9.5%) from 2014

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin32nd percentile

Revenue

Down

$388,737

Down $67,776 (-15%) from 2014

Expenses

Down

$399,178

Down $104,815 (-21%) from 2014

Net Income

Up

-$10,441

Up $37,039 (+78%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,378,849Liabilities 2011: $31,826Net Assets 2011: $1,347,0232011Assets 2012: $1,649,476Liabilities 2012: $44,593Net Assets 2012: $1,604,8832012Assets 2013: $2,002,399Liabilities 2013: $131,603Net Assets 2013: $1,870,7962013Assets 2014: $1,857,541Liabilities 2014: $34,225Net Assets 2014: $1,823,3162014Assets 2015: $1,850,353Liabilities 2015: $37,478Net Assets 2015: $1,812,8752015Assets 2016: $1,861,740Liabilities 2016: $37,126Net Assets 2016: $1,824,6142016Assets 2017: $1,905,811Liabilities 2017: $60,325Net Assets 2017: $1,845,4862017Assets 2018: $1,928,036Liabilities 2018: $79,575Net Assets 2018: $1,848,4612018Assets 2019: $1,858,761Liabilities 2019: $59,194Net Assets 2019: $1,799,5672019Assets 2020: $1,857,278Liabilities 2020: $60,339Net Assets 2020: $1,796,9392020Assets 2021: $1,841,514Liabilities 2021: $71,775Net Assets 2021: $1,769,7392021Assets 2022: $1,741,633Liabilities 2022: $90,211Net Assets 2022: $1,651,4222022

Highlighted filing

2015

Assets$1,850,353
Liabilities$37,478
Net Assets$1,812,875
Open 2015 Filing

Operations Trend

Revenue Growth18th percentile

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

$600K$400K$200K$0-$200KExpenses 2011: $365,9242011Expenses 2012: $369,5892012Expenses 2013: $417,2032013Revenue 2014: $456,513Expenses 2014: $503,993Net Income 2014: -$47,4802014Revenue 2015: $388,737Expenses 2015: $399,178Net Income 2015: -$10,4412015Revenue 2016: $401,894Expenses 2016: $387,123Net Income 2016: $14,7712016Revenue 2017: $408,724Expenses 2017: $387,852Net Income 2017: $20,8722017Revenue 2018: $416,710Expenses 2018: $413,735Net Income 2018: $2,9752018Revenue 2019: $406,880Expenses 2019: $455,774Net Income 2019: -$48,8942019Revenue 2020: $434,669Expenses 2020: $437,297Net Income 2020: -$2,6282020Revenue 2021: $415,267Expenses 2021: $442,467Net Income 2021: -$27,2002021Revenue 2022: $407,716Expenses 2022: $526,033Net Income 2022: -$118,3172022

Highlighted filing

2015

Revenue$388,737
Expenses$399,178
Net Income-$10,441
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$388,737
Mission and Program Overview

Mission

To provide low and moderate income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,475,842$1,375,133▼ $100,709
Cash and Non-Interest-Bearing Accounts$354,202$440,515▲ $86,313
Savings and Temporary Cash Investments$15,382$16,403▲ $1,021
Prepaid Expenses and Deferred Charges$10,223$11,345▲ $1,122
Accounts Receivable$588$4,412▲ $3,824
Inventories for Sale or Use$1,304$2,545▲ $1,241
Total Assets$1,857,541$1,850,353▼ $7,188
Liabilities
Accounts Payable and Accrued Expenses$12,845$19,369▲ $6,524
Other Liabilities$19,382$16,403▼ $2,979
Deferred Revenue$1,998$1,706▼ $292
Total Liabilities$34,225$37,478▲ $3,253
Net Assets / Fund Balance
Unrestricted Net Assets$1,823,316$1,812,875▼ $10,441
Total Net Assets Fund Balance$1,823,316$1,812,875▼ $10,441
Total Liabilities and Net Assets / Fund Balance$1,857,541$1,850,353▼ $7,188

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,248,691$664,639$1,913,330
Buildings$0$1,554,052$1,554,052
Land$96,100-$96,100
Equipment$30,342$18,138$48,480
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Greg NeelChair, Director
Betsy KahnVice Chair, Director
Alfredia McdonaldDirector
Debra H HaysDirector
Heylane LevyDirector
Jeffrey G HovisDirector
Stuart FrankDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$388,610
Investment Income
$127
Other Revenue
$0
Change in Net Assets
$-10,441

Audited Revenue Reconciliation

Revenue per Audited Statements
$388,737
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$388,737
Total Revenue per Form 990
$388,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$122,709--$122,709
Occupancy$108,165--$108,165
Fees for Services Management-$34,415-$34,415
Insurance$14,004--$14,004
Office Expenses-$11,464-$11,464
Fees for Services Accounting-$8,499-$8,499
Other Expenses$9,914$4,686-$4,686
Travel-$1,424-$1,424
Advertising-$645-$645
Fees for Services Legal-$62-$62
Total Functional Expenses$311,086$88,092$0$399,178

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$399,178
Total Expenses per Audited Statements$399,178
Total Expenses per Form 990$399,178
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
Tenant Security Deposits$16,403
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 B, Line 11

“The form 990 and all related statements and disclosures are reviewed by the ceo prior to filing.”

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

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. The organization asks its officers and directors to provide information on an annual basis of anything that may create a conflict of interest. If there is a conflict of interest, the organization then determines what action is required to correct the situation.”

Form 990, Part VI, Section C, Line 19

“The organizations makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Glover Plaza Inc
EIN
56-1779955
Phone
9103417700
Address
PO BOX 899, WILMINGTON, NC 28401-0899

Signing Officer

Name
Michelle Kerwin
Title
Director of Finance
Phone
9103417700
Signed
2016-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katrina H Redmon
Formed
1991
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
1966 GREENSPRING DRIVE, TIMONIUM, MD 21093-4161
Preparer
Melissa Arnie CPA
Phone
4104530900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has a committee that assumes responsibility for oversight of the financial statements and the selection of an independent accountant. This process has not changed from prior years.”

Form 990, Part IV, Section B, Line 15B

“The organization does not have any employees. However, the compensation of independent contractors is reviewed and approved by the board. Comparability data is used in deciding the appropriate compensation amounts.”

Raw XML AppendixShowing 400 of 458 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012845
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019369
IRS990/AccountsReceivableGrp/BOYAmt0588
IRS990/AccountsReceivableGrp/EOYAmt04412
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW AND MODERATE INCOME HOUSING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0645
IRS990/AdvertisingGrp/TotalAmt0645
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHELLE KERWIN
IRS990/BooksInCareOfDetail/PhoneNum09103417700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01524 SOUTH 16TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0354202
IRS990/CashNonInterestBearingGrp/EOYAmt0440515
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0127
IRS990/CYOtherExpensesAmt0399178
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0388610
IRS990/CYRevenuesLessExpensesAmt0-10441
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0399178
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0388737
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01998
IRS990/DeferredRevenueGrp/EOYAmt01706
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0122709
IRS990/DepreciationDepletionGrp/TotalAmt0122709
IRS990/Desc0PROVIDES RENTAL UNITS TO QUALIFIED LOW AND MODERATE INCOME TENANTS WHO ARE ELIGIBLE FOR RENTAL ASSISTANCE BY HUD SECTION 8 HOUSING ASSISTANCE PAYMENT PROGRAMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0311086
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08499
IRS990/FeesForServicesAccountingGrp/TotalAmt08499
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt062
IRS990/FeesForServicesLegalGrp/TotalAmt062
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt034415
IRS990/FeesForServicesManagementGrp/TotalAmt034415
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.40
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0GREG NEEL
IRS990/Form990PartVIISectionAGrp/PersonNm1ALFREDIA MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm2STUART FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm3DEBRA H HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFFREY G HOVIS
IRS990/Form990PartVIISectionAGrp/PersonNm5HEYLANE LEVY
IRS990/Form990PartVIISectionAGrp/PersonNm6BETSY KAHN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR, DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0388737
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014004
IRS990/InsuranceGrp/TotalAmt014004
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01304
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02545
IRS990/InvestmentIncomeGrp/ExclusionAmt0127
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0127
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02236829
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01475842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01375133
IRS990/LandBldgEquipCostOrOtherBssAmt03611962
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW AND MODERATE INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01823316
IRS990/NetAssetsOrFundBalancesEOYAmt01812875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0108165
IRS990/OccupancyGrp/TotalAmt0108165
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011464
IRS990/OfficeExpensesGrp/TotalAmt011464
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED SALARY
IRS990/OtherExpensesGrp/Desc1ALLOCATED BENEFITS & PA
IRS990/OtherExpensesGrp/Desc2MISC. MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PROGRAMING/COMPUTER COS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026897
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14686
IRS990/OtherExpensesGrp/ProgramServicesAmt030414
IRS990/OtherExpensesGrp/ProgramServicesAmt125880
IRS990/OtherExpensesGrp/ProgramServicesAmt29914
IRS990/OtherExpensesGrp/TotalAmt057311
IRS990/OtherExpensesGrp/TotalAmt125880
IRS990/OtherExpensesGrp/TotalAmt29914
IRS990/OtherExpensesGrp/TotalAmt34686
IRS990/OtherLiabilitiesGrp/BOYAmt019382
IRS990/OtherLiabilitiesGrp/EOYAmt016403
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010223
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011345
IRS990/PrincipalOfficerNm0KATRINA H REDMON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0NET TENANT RENTAL PAYM
IRS990/ProgramServiceRevenueGrp/Desc1OTHER TENANT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0382390
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0382390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16220
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0264
IRS990/PYOtherExpensesAmt0503993
IRS990/PYOtherRevenueAmt090641
IRS990/PYProgramServiceRevenueAmt0365608
IRS990/PYRevenuesLessExpensesAmt0-47480
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0503993
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0456513
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-10441
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0388610
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015382
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016403
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0215713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0426564
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0879174
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01521451
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0445
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01610
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02623
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0388610
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0365608
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0337858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0200440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0172519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01465035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0445
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01610
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02623
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt090642
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt096642
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96780
IRS990ScheduleA/PublicSupportPY509Pct00.96820
IRS990ScheduleA/PublicSupportTotal509Amt02986486
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0388610
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0365608
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0553571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0627004
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01051693
IRS990ScheduleA/Total509Grp/TotalAmt02986486
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0388737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0456513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0553749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0627449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01059303
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03085751
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01554052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01554052
IRS990ScheduleD/EquipmentGrp/BookValueAmt030342
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018138
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048480
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0399178
IRS990ScheduleD/LandGrp/BookValueAmt096100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt096100
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01248691
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0664639
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01913330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016403
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0388737
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01375133
IRS990ScheduleD/TotalExpensesPerForm990Amt0399178
IRS990ScheduleD/TotalLiabilityAmt016403
IRS990ScheduleD/TotalRevenuePerForm990Amt0388737
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0388737
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0399178
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 AND ALL RELATED STATEMENTS AND DISCLOSURES ARE REVIEWED BY THE CEO PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION ASKS ITS OFFICERS AND DIRECTORS TO PROVIDE INFORMATION ON AN ANNUAL BASIS OF ANYTHING THAT MAY CREATE A CONFLICT OF INTEREST. IF THERE IS A CONFLICT OF INTEREST, THE ORGANIZATION THEN DETERMINES WHAT ACTION IS REQUIRED TO CORRECT THE SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. HOWEVER, THE COMPENSATION OF INDEPENDENT CONTRACTORS IS REVIEWED AND APPROVED BY THE BOARD. COMPARABILITY DATA IS USED IN DECIDING THE APPROPRIATE COMPENSATION AMOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IV, SECTION B, LINE 15B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WILMINGTON HOUSING AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOUSING AND ECONOMIC OPPORTUNITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0566000566
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1562111502
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01524 SOUTH 16TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11524 SOUTH 16TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WILMINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WILMINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd128401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01857541
IRS990/TotalAssetsEOYAmt01850353
IRS990/TotalAssetsGrp/BOYAmt01857541
IRS990/TotalAssetsGrp/EOYAmt01850353
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088092
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0311086
IRS990/TotalFunctionalExpensesGrp/TotalAmt0399178
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034225
IRS990/TotalLiabilitiesEOYAmt037478
IRS990/TotalLiabilitiesGrp/BOYAmt034225

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,850,353
Liabilities
$37,478
Net assets
$1,812,875
Revenue
$388,737
Expenses
$399,178
Net income
-$10,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.74$0.09$1.65$0.41$0.53$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.07$1.77$0.42$0.44$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.06$1.80$0.43$0.44$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.06$1.80$0.41$0.46$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.93$0.08$1.85$0.42$0.41$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.91$0.06$1.85$0.41$0.39$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.86$0.04$1.82$0.40$0.39$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.04$1.81$0.39$0.40$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.86$0.03$1.82$0.46$0.50$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.13$1.87$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.04$1.60$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.03$1.35$0.37