Civic Intelligence

Glover Plaza Inc

990 • Fiscal year 2016 • EIN 56-1779955

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 09, 2017

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.09x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

55th percentile

3.7%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

90th percentile

$200,181

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 49.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

47th percentile

0.6%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

3.4%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$1,861,740

Up $11,387 (+0.6%) from 2015

Net Assets

Up

$1,824,614

Up $11,739 (+0.6%) from 2015

Liabilities

Down

$37,126

Down $352 (-0.9%) from 2015

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin55th percentile

Revenue

Up

$401,894

Up $13,157 (+3.4%) from 2015

Expenses

Down

$387,123

Down $12,055 (-3.0%) from 2015

Net Income

Up

$14,771

Up $25,212 (+241%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth47th 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

2016

Assets$1,861,740
Liabilities$37,126
Net Assets$1,824,614
Open 2016 Filing

Operations Trend

Revenue Growth52nd 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

2016

Revenue$401,894
Expenses$387,123
Net Income$14,771
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 9, 2017
Return Version
2015v3.0
Gross Receipts
$401,894
Mission and Program Overview

Mission

To provide low and moderate income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,375,133$1,254,232▼ $120,901
Cash and Non-Interest-Bearing Accounts$440,515$568,146▲ $127,631
Savings and Temporary Cash Investments$16,403$16,653▲ $250
Prepaid Expenses and Deferred Charges$11,345$12,486▲ $1,141
Inventories for Sale or Use$2,545$2,753▲ $208
Accounts Receivable$4,412$355▼ $4,057
Total Assets$1,850,353$1,861,740▲ $11,387
Other Assets Total$0$7,115▲ $7,115
Liabilities
Other Liabilities$16,403$22,655▲ $6,252
Accounts Payable and Accrued Expenses$19,369$12,771▼ $6,598
Deferred Revenue$1,706$1,700▼ $6
Total Liabilities$37,478$37,126▼ $352
Net Assets / Fund Balance
Unrestricted Net Assets$1,812,875$1,824,614▲ $11,739
Total Net Assets Fund Balance$1,812,875$1,824,614▲ $11,739
Total Liabilities and Net Assets / Fund Balance$1,850,353$1,861,740▲ $11,387

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,133,043$780,287$1,913,330
Buildings$0$1,554,052$1,554,052
Land$96,100-$96,100
Equipment$25,089$23,391$48,480
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleOtherTotal
Michelle KerwinCommissioner$92,354$92,354

Board Members and Trustees

NameTitle
Greg NeelChair, Commissioner
Kenneth Chestnut SrVice Chair, Commissioner
Katrina H RedmonCEO
Alfredia McdonaldCommissioner
Betsy KahnCommissioner
Debra H HaysCommissioner
Heylane LevyCommissioner
Jeffrey G HovisCommissioner
Phillip WebbCommissioner
Stuart FrankCommissioner
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$401,090
Investment Income
$163
Other Revenue
$641
Change in Net Assets
$14,771

Audited Revenue Reconciliation

Revenue per Audited Statements
$401,894
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$401,894
Total Revenue per Form 990
$401,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$307,133
Salaries, Compensation, and Employee Benefits$79,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$120,901--$120,901
Occupancy$103,911--$103,911
Other Salaries and Wages$32,704$25,387-$58,091
Fees for Services Management-$36,593-$36,593
Other Employee Benefits$21,899--$21,899
Insurance$15,404--$15,404
Office Expenses-$9,979-$9,979
Fees for Services Accounting-$8,967-$8,967
Fees for Services Legal-$1,594-$1,594
Advertising-$608-$608
Other Expenses$3,977$199-$199
Total Functional Expenses$298,796$88,327$0$387,123

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$387,123
Total Expenses per Audited Statements$387,123
Total Expenses per Form 990$387,123
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$16,653
Long Term Liability - Unfunded$3,359
Unamortized Pension Net Differ$2,643
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.”

Form 990, Part VI, Section B, Line 11

“The organization will not provide a copy of the form 990 to the full governing body before filing the form. It will be reviewed by the finance director”

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
Katrina Redmon
Title
CEO
Phone
9103417700
Signed
2017-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katrina H Redmon
Formed
1991
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
1966 GREENSPRING DRIVE, TIMONIUM, MD 21093-4161
Preparer
David Trimner
Phone
4104530900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Glover-py adjmt's and equity transf -3,032.”

Raw XML AppendixShowing 400 of 530 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/BOYAmt019369
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012771
IRS990/AccountsReceivableGrp/BOYAmt04412
IRS990/AccountsReceivableGrp/EOYAmt0355
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW AND MODERATE INCOME HOUSING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0608
IRS990/AdvertisingGrp/TotalAmt0608
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0KATRINA H REDMON
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/BOYAmt0440515
IRS990/CashNonInterestBearingGrp/EOYAmt0568146
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/CYInvestmentIncomeAmt0163
IRS990/CYOtherExpensesAmt0307133
IRS990/CYOtherRevenueAmt0641
IRS990/CYProgramServiceRevenueAmt0401090
IRS990/CYRevenuesLessExpensesAmt014771
IRS990/CYSalariesCompEmpBnftPaidAmt079990
IRS990/CYTotalExpensesAmt0387123
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0401894
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01706
IRS990/DeferredRevenueGrp/EOYAmt01700
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0120901
IRS990/DepreciationDepletionGrp/TotalAmt0120901
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/ExpenseAmt0298796
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08967
IRS990/FeesForServicesAccountingGrp/TotalAmt08967
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01594
IRS990/FeesForServicesLegalGrp/TotalAmt01594
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt036593
IRS990/FeesForServicesManagementGrp/TotalAmt036593
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/AverageHoursPerWeekRltdOrgRt72.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.80
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/AverageHoursPerWeekRt71.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.40
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt824342
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt917154
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
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/PersonNm7KENNETH CHESTNUT SR
IRS990/Form990PartVIISectionAGrp/PersonNm8KATRINA H REDMON
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELLE KERWIN
IRS990/Form990PartVIISectionAGrp/PersonNm10PHILLIP WEBB
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8175839
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt975200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR, COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt1COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR, COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMISSIONER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0401894
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt015404
IRS990/InsuranceGrp/TotalAmt015404
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02545
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02753
IRS990/InvestmentIncomeGrp/ExclusionAmt0163
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0163
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02357730
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01375133
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01254232
IRS990/LandBldgEquipCostOrOtherBssAmt03611962
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0641
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0641
IRS990/MissionDesc0TO PROVIDE LOW AND MODERATE INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01812875
IRS990/NetAssetsOrFundBalancesEOYAmt01824614
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0103911
IRS990/OccupancyGrp/TotalAmt0103911
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09979
IRS990/OfficeExpensesGrp/TotalAmt09979
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt07115
IRS990/OtherChangesInNetAssetsAmt0-3032
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021899
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021899
IRS990/OtherExpensesGrp/Desc0MISC. MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROGRAMING/COMPUTER COS
IRS990/OtherExpensesGrp/Desc2GLOVER-EPS REPORTING FE
IRS990/OtherExpensesGrp/Desc3GLOVER-BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03760
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11240
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2199
IRS990/OtherExpensesGrp/ProgramServicesAmt03977
IRS990/OtherExpensesGrp/TotalAmt03977
IRS990/OtherExpensesGrp/TotalAmt13760
IRS990/OtherExpensesGrp/TotalAmt21240
IRS990/OtherExpensesGrp/TotalAmt3199
IRS990/OtherLiabilitiesGrp/BOYAmt016403
IRS990/OtherLiabilitiesGrp/EOYAmt022655
IRS990/OtherRevenueTotalAmt0641
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025387
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032704
IRS990/OtherSalariesAndWagesGrp/TotalAmt058091
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011345
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012486
IRS990/PrincipalOfficerNm0KATRINA H REDMON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0NET TENANT RENTAL PAYM
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY/VENDING/TENANT
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt14300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0396790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0396790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14300
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0127
IRS990/PYOtherExpensesAmt0399178
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0388610
IRS990/PYRevenuesLessExpensesAmt0-10441
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0399178
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0388737
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt014771
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0396790
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016653
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0215713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0426564
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0642277
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0445
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0401731
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0388610
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0365608
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0337858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0200440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01694247
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0163
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0445
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01176
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt090642
IRS990ScheduleA/OtherIncome509Grp/TotalAmt090642
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96220
IRS990ScheduleA/PublicSupportPY509Pct00.96780
IRS990ScheduleA/PublicSupportTotal509Amt02336524
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0401731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0388610
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0365608
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0553571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0627004
IRS990ScheduleA/Total509Grp/TotalAmt02336524
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0401894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0388737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0456513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0553749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0627449
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02428342
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01554052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01554052
IRS990ScheduleD/EquipmentGrp/BookValueAmt025089
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048480
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0387123
IRS990ScheduleD/LandGrp/BookValueAmt096100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt096100
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01133043
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0780287
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01913330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016653
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG TERM LIABILITY - UNFUNDED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED PENSION NET DIFFER
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0401894
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01254232
IRS990ScheduleD/TotalExpensesPerForm990Amt0387123
IRS990ScheduleD/TotalLiabilityAmt022655
IRS990ScheduleD/TotalRevenuePerForm990Amt0401894
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0401894
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0387123
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/CompensationBasedOnRltdOrgsAmt0175839
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/PersonNm0KATRINA H REDMON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0175839
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CEO COMPENSATION IS DETERMINED BY TEH BOARD OF COMISSIONERS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,861,740
Liabilities
$37,126
Net assets
$1,824,614
Revenue
$401,894
Expenses
$387,123
Net income
$14,771
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