Civic Intelligence

Forsyth Economic Ventures Inc.

990 • Fiscal year 2015 • EIN 56-1831053

Oct 01, 2014 to Sep 30, 2015 • Filed on May 11, 2016

Organization ProfileN/A
500 West Fourth StreetWinstonsalem, NC 27101

(336) 727-8500

Siviq Scores

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

Liabilities / Assets

80th percentile

0.61x

Higher debt load relative to assets than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

4.98x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

80th percentile

$219,772

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

69th percentile

6.8%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-8.1%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$5,696,165

Up $362,805 (+6.8%) from 2014

Net Assets

Down

$2,203,969

Down $238,585 (-9.8%) from 2014

Liabilities

Up

$3,492,196

Up $601,390 (+21%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin8th percentile

Revenue

Down

$701,890

Down $61,956 (-8.1%) from 2014

Expenses

Up

$940,475

Up $61,791 (+7.0%) from 2014

Net Income

Down

-$238,585

Down $123,747 (-108%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,676,401Liabilities 2010: $3,601,757Net Assets 2010: $1,074,6442010Assets 2011: $4,403,013Liabilities 2011: $3,444,455Net Assets 2011: $958,5582011Assets 2012: $4,659,216Liabilities 2012: $2,774,086Net Assets 2012: $1,885,1302012Assets 2013: $5,507,559Liabilities 2013: $2,950,167Net Assets 2013: $2,557,3922013Assets 2014: $5,333,360Liabilities 2014: $2,890,806Net Assets 2014: $2,442,5542014Assets 2015: $5,696,165Liabilities 2015: $3,492,196Net Assets 2015: $2,203,9692015Assets 2016: $5,770,620Liabilities 2016: $3,791,174Net Assets 2016: $1,979,4462016Assets 2017: $6,422,826Liabilities 2017: $4,634,301Net Assets 2017: $1,788,5252017Assets 2018: $6,533,584Liabilities 2018: $5,058,470Net Assets 2018: $1,475,1142018Assets 2019: $6,347,522Liabilities 2019: $4,995,159Net Assets 2019: $1,352,3632019Assets 2020: $6,064,098Liabilities 2020: $4,848,100Net Assets 2020: $1,215,9982020Assets 2021: $6,068,972Liabilities 2021: $4,562,649Net Assets 2021: $1,506,3232021Assets 2022: $7,226,365Liabilities 2022: $5,856,145Net Assets 2022: $1,370,2202022Assets 2023: $7,144,584Liabilities 2023: $5,619,785Net Assets 2023: $1,524,7992023Assets 2024: $6,991,152Liabilities 2024: $5,850,017Net Assets 2024: $1,141,1352024

Highlighted filing

2015

Assets$5,696,165
Liabilities$3,492,196
Net Assets$2,203,969
Open 2015 Filing

Operations Trend

Revenue Growth23rd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $773,2932010Expenses 2011: $780,9382011Expenses 2012: $799,0752012Revenue 2013: $677,463Expenses 2013: $805,201Net Income 2013: -$127,7382013Revenue 2014: $763,846Expenses 2014: $878,684Net Income 2014: -$114,8382014Revenue 2015: $701,890Expenses 2015: $940,475Net Income 2015: -$238,5852015Revenue 2016: $752,396Expenses 2016: $976,919Net Income 2016: -$224,5232016Revenue 2017: $914,176Expenses 2017: $1,150,097Net Income 2017: -$235,9212017Revenue 2018: $1,146,311Expenses 2018: $1,459,722Net Income 2018: -$313,4112018Revenue 2019: $1,187,713Expenses 2019: $1,310,464Net Income 2019: -$122,7512019Revenue 2020: $1,231,883Expenses 2020: $1,368,248Net Income 2020: -$136,3652020Revenue 2021: $1,557,619Expenses 2021: $1,267,137Net Income 2021: $290,4822021Revenue 2022: $1,405,153Expenses 2022: $1,541,256Net Income 2022: -$136,1032022Revenue 2023: $1,666,695Expenses 2023: $1,512,116Net Income 2023: $154,5792023Revenue 2024: $1,382,226Expenses 2024: $1,765,890Net Income 2024: -$383,6642024

Highlighted filing

2015

Revenue$701,890
Expenses$940,475
Net Income-$238,585
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 11, 2016
Return Version
2014v6.0
Gross Receipts
$701,890
Mission and Program Overview

Mission

In conjunction with the housing authority of winston-salem, to facilitate the organization and administration of innovative projects to provide housing for persons of low and moderate income and improve their quality of life.

To facilitate the organization and administration of innovative projects to provide housing for persons of low and moderate income and improve their quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,409,228$4,118,880▲ $709,652
Prepaid Expenses and Deferred Charges$16,266$63,535▲ $47,269
Accounts Receivable$18,737$37,828▲ $19,091
Savings and Temporary Cash Investments$16,852$18,016▲ $1,164
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Cash and Non-Interest-Bearing Accounts$397,222$-65,862▼ $463,084
Total Assets$5,333,360$5,696,165▲ $362,805
Other Assets Total$1,475,055$1,523,768▲ $48,713
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,969,928$1,828,273▼ $141,655
Other Liabilities$837,669$1,625,298▲ $787,629
Accounts Payable and Accrued Expenses$83,209$38,625▼ $44,584
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,890,806$3,492,196▲ $601,390
Net Assets / Fund Balance
Unrestricted Net Assets$2,442,554$2,203,969▼ $238,585
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,442,554$2,203,969▼ $238,585
Total Liabilities and Net Assets / Fund Balance$5,333,360$5,696,165▲ $362,805

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,178,747$2,524,150$5,702,897
Land$940,133-$940,133
Other Assets Org$1,523,768--
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Walter PittBoard Chairman
Larry WoodsPresident/secretary
Naomi JonesBoard Vice-chair
Arthur KingBoard Secretary
Thomas AdamsBoard Treasurer
Bruce LevinDirector
David TateDirector
Evelyn SaundersDirector
kelly casondirector
sharon covitzdirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$701,890
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-238,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$807,557
Salaries, Compensation, and Employee Benefits$132,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$319,214--$319,214
Other Salaries and Wages$91,442--$91,442
Interest$77,489--$77,489
Office Expenses$61,625--$61,625
Other Employee Benefits$41,476--$41,476
Other Expenses$28,241--$28,241
All Other Expenses$20,485--$20,485
Insurance$15,688--$15,688
Fees for Services Accounting$5,744--$5,744
Fees for Services Legal$3,105--$3,105
Advertising$850--$850
Total Functional Expenses$940,475$0$0$940,475
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interprogram Payable$1,608,930
Other Liabiltiites$16,368
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

PART VI, SECTION B #11A AND #11C

“#11A: The 990 return is reviewed by the CFO and director of finance. The information is discussed with the board and copies of all returns are available for their review. #11C: the organization has a written conflict of interest policy. That policy is distributed and reviewed with all employees and board members yearly. They are required to sign that they have received, read and understand the policy. That information is kept in the personnel files.”

PART VI SECTION C #19

“All information governing the authority and its instrumentalities are available for review at the Housing Authority. Those documents are also included in our Annual Plan that is posted on HUD's website annually.”

Filing and Contact Details

Filer

Filer Name
Forsyth Economic Ventures Inc
EIN
56-1831053
In Care Of
% THE ORGANIZATION
Phone
3367278500
Address
500 WEST FOURTH STREET, WINSTONSALEM, NC 27101

Signing Officer

Name
Larry Woods
Title
President/secretary
Phone
7043329100
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Woods
Formed
1993
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Cohnreznick Llp
Address
525 N TRYON STREET SUITE 1000, CHARLOTTE, NC 28202
Preparer
Kathy Blackburn
Phone
7043329100
Supplemental Narrative

Additional Explanations

Form 990 Part III, Line 1

“In conjunction with the housing authority of winston-salem, to faciliatate the organization and administration of innovative projects to provide housing for persons of low and moderate income and improve their quality of life.”

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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/LoansFromOfficersDirectorsGrp/EOYAmt00
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IN CONJUNCTION WITH THE HOUSING AUTHORITY OF WINSTON-SALEM, TO FACILITATE THE ORGANIZATION AND ADMINISTRATION OF INNOVATIVE PROJECTS TO PROVIDE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME AND IMPROVE THEIR QUALITY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01828273
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IRS990/NetAssetsOrFundBalancesEOYAmt02203969
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficeExpensesGrp/TotalAmt061625
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041476
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041476
IRS990/OtherExpensesGrp/Desc0ELECTRICITY
IRS990/OtherExpensesGrp/Desc1MAINTENANCE - CONTRACTS
IRS990/OtherExpensesGrp/Desc2MAINTENANCE - LABOR
IRS990/OtherExpensesGrp/Desc3FURNITURE & EQUIPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0161850
IRS990/OtherExpensesGrp/ProgramServicesAmt179365
IRS990/OtherExpensesGrp/ProgramServicesAmt233901
IRS990/OtherExpensesGrp/ProgramServicesAmt328241
IRS990/OtherExpensesGrp/TotalAmt0161850
IRS990/OtherExpensesGrp/TotalAmt179365
IRS990/OtherExpensesGrp/TotalAmt233901
IRS990/OtherExpensesGrp/TotalAmt328241
IRS990/OtherLiabilitiesGrp/BOYAmt0837669
IRS990/OtherLiabilitiesGrp/EOYAmt01625298
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091442
IRS990/OtherSalariesAndWagesGrp/TotalAmt091442
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016266
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063535
IRS990/PrincipalOfficerNm0LARRY WOODS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0197308
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0701890
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0504582
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt039
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0772989
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0763807
IRS990/PYRevenuesLessExpensesAmt0-114838
IRS990/PYSalariesCompEmpBnftPaidAmt0105695
IRS990/PYTotalExpensesAmt0878684
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0763846
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-238585
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0701890
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016852
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018016
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566003102
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HAWS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03178747
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02524150
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05702897
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0940133
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0940133
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01523768
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTERCOMPANY RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01608930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERPROGRAM PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILTIITES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04118880
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01523768
IRS990ScheduleD/TotalLiabilityAmt01625298
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0183476
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt036296
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY WOODS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219772
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN CONJUNCTION WITH THE HOUSING AUTHORITY OF WINSTON-SALEM, TO FACILIATATE THE ORGANIZATION AND ADMINISTRATION OF INNOVATIVE PROJECTS TO PROVIDE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME AND IMPROVE THEIR QUALITY OF LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1#11A: The 990 return is reviewed by the CFO and director of finance. The information is discussed with the board and copies of all returns are available for their review. #11C: the organization has a written conflict of interest policy. That policy is distributed and reviewed with all employees and board members yearly. They are required to sign that they have received, read and understand the policy. That information is kept in the personnel files.

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,696,165
Liabilities
$3,492,196
Net assets
$2,203,969
Revenue
$701,890
Expenses
$940,475
Net income
-$238,585
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.99$5.85$1.14$1.38$1.77$0.38
2023Detailed filing. Detailed filing data is available for this year.$7.14$5.62$1.52$1.67$1.51$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$5.86$1.37$1.41$1.54$0.14
2021Detailed filing. Detailed filing data is available for this year.$6.07$4.56$1.51$1.56$1.27$0.29
2020Detailed filing. Detailed filing data is available for this year.$6.06$4.85$1.22$1.23$1.37$0.14
2019Detailed filing. Detailed filing data is available for this year.$6.35$5.00$1.35$1.19$1.31$0.12
2018Detailed filing. Detailed filing data is available for this year.$6.53$5.06$1.48$1.15$1.46$0.31
2017Detailed filing. Detailed filing data is available for this year.$6.42$4.63$1.79$0.91$1.15$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.77$3.79$1.98$0.75$0.98$0.22
2015Detailed filing. Detailed filing data is available for this year.$5.70$3.49$2.20$0.70$0.94$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.33$2.89$2.44$0.76$0.88$0.11
2013Summary only. Only limited summary data is available for this year.$5.51$2.95$2.56$0.68$0.81$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$2.77$1.89$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$3.44$0.96$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$3.60$1.07$0.77