Civic Intelligence

Southeastern Housing Preservation Inc.

990 • Fiscal year 2014 • EIN 56-1856590

Oct 01, 2013 to Sep 30, 2014 • Filed on Jan 12, 2015

Organization Profile N/A

2021 Cross Beam DriveCharlotte, NC 28217

Siviq Scores

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

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • NTEE L • $10M-$25M nonprofits • Source year 2014

Higher debt load relative to revenue than 34% of similar nonprofits.

2014 filings • NTEE L • $10M-$25M nonprofits • Source year 2014

Higher net margin than 89% of similar nonprofits.

2014 filings • NTEE L • $10M-$25M nonprofits • Source year 2014

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2014 filings • NTEE L • $10M-$25M nonprofits • Source year 2014

Faster asset growth than 84% of similar nonprofits.

2014 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2013 to 2014

Faster revenue growth than 92% of similar nonprofits.

2014 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets32nd percentile

Assets

$11,141,731

No earlier filing loaded for comparison.

Net Assets

$5,993,674

No earlier filing loaded for comparison.

Liabilities

$5,148,057

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue34th percentile Net Margin89th percentile

Revenue

$3,533,763

No earlier filing loaded for comparison.

Expenses

$1,354,439

No earlier filing loaded for comparison.

Net Income

$2,179,324

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

Highlighted filing

2014

Assets$11,141,731

Liabilities$5,148,057

Net Assets$5,993,674

Open 2014 Filing

Operations Trend

Revenue Growth92nd percentile

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

Highlighted filing

2014

Revenue$3,533,763

Expenses$1,354,439

Net Income$2,179,324

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2013 to Sep 30, 2014
Signed: Jan 12, 2015
Return Version: 2013v4.0
Gross Receipts: $3,533,763

Mission and Program Overview

Mission

Develop, own, maintain, operate, and provide assistance to rental housing projects for persons of low to moderate income operating under section 515(b) of the national housing act of 1949, as amended.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Other Notes and Loans Receivable, Net	$3,229,449	$5,319,049	▲ $2,089,600
Land, Buildings, and Equipment, Net	$4,696,102	$4,508,544	▼ $187,558
Savings and Temporary Cash Investments	$859,418	$914,713	▲ $55,295
Investments Program Related	$252,610	$235,056	▼ $17,554
Cash and Non-Interest-Bearing Accounts	$65,823	$141,462	▲ $75,639
Accounts Receivable	$10,768	$22,907	▲ $12,139
Total Assets	$9,114,170	$11,141,731	▲ $2,027,561
Liabilities
Mortgage Notes Payable Secured by Investment Property	$5,177,853	$5,017,509	▼ $160,344
Accounts Payable and Accrued Expenses	$76,373	$76,287	▼ $86
Other Liabilities	$55,023	$54,261	▼ $762
Total Liabilities	$5,309,249	$5,148,057	▼ $161,192
Net Assets / Fund Balance
Temporarily Rstr Net Assets	$3,069,775	$5,159,375	▲ $2,089,600
Unrestricted Net Assets	$735,146	$834,299	▲ $99,153
Total Net Assets Fund Balance	$3,804,921	$5,993,674	▲ $2,188,753
Total Liabilities and Net Assets / Fund Balance	$9,114,170	$11,141,731	▲ $2,027,561

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$3,001,363	$2,218,550	$5,219,913
Equipment	$914,733	$754,605	$1,669,338
Other Land Buildings	$200,728	$247,609	$448,337
Land	$391,720	-	$391,720

Compensation and Service Providers

Top Officer Pay43rd percentile

Employees

Name	Title	Other	Total
Melvin B Melton	Director	$73,743	$73,743
Timothy L Gunderman	Director	$73,743	$73,743

Board Members and Trustees

Name	Title
Gary D Ellis	Director

Revenue and Support

Revenue Composition

Contributions and Grants: $3,293,144
Program Service Revenue: $240,483
Investment Income: $136
Other Revenue: $0
Change in Net Assets: $2,179,324

Audited Revenue Reconciliation

Revenue per Audited Statements: $3,543,193
Revenue Not Reported on Financial Statements: $-9,430
Revenue Not Reported on Form 990: $0
Other Revenue Adjustments: $-9,430
Total Revenue per Audited Statements: $3,543,193
Total Revenue per Form 990: $3,533,763

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$1,354,439
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
All Other Expenses	$744,134	$24,436	-	$768,570
Depreciation Depletion	$200,067	-	-	$200,067
Interest	$64,896	-	-	$64,896
Other Expenses	$56,479	-	-	$56,479
Fees for Services Accounting	-	$15,495	-	$15,495
Office Expenses	$12,845	-	-	$12,845
Fees for Services Legal	-	$1,556	-	$1,556
Total Functional Expenses	$1,312,952	$41,487	$0	$1,354,439

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$1,354,439
Total Expenses per Audited Statements	$1,354,439
Total Expenses per Form 990	$1,354,439
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 Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Insider Transactions and Loans

Interested-Person Transactions

Interested Party	Relationship	Description	Shared Revenue	Amount
-	ENTITY MORE THAN 35% OWNED BY CURRENT OFFICERS	Rental Property Mgmt Fees Paid in Accordance With Usda Rd Guidelines.	No	$143,943

Related Organizations and Partnerships

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
56-1314721	-	Apartment Rental	$-465	$51,557	-	Yes
55-0796408	-	Apartment Rental	$1,659	$50,524	-	No
56-1448937	-	Apartment Rental	$-3	$31,132	-	Yes
56-1314723	-	Apartment Rental	$145	$27,519	-	Yes
91-1027725	-	Apartment Rental	$-9	$22,247	-	Yes
58-1750787	-	Apartment Rental	$-674	$11,551	-	Yes
62-1266899	-	Apartment Rental	$-164	$5,021	-	Yes
54-1244268	-	Apartment Rental	$2,106	$-5,443	-	Yes
46-0498203	-	Apartment Rental	$-1	$1,903	-	No
20-0221878	-	Apartment Rental	$-4	$167	-	No
68-0612863	-	Apartment Rental	$-370	$84	-	No
61-1603830	-	Apartment Rental	$82	$12	-	Yes
27-0777031	-	Apartment Rental	$-50	$70	-	Yes
45-2786845	-	Apartment Rental	-	$39	-	Yes
52-1346466	-	Apartment Rental	-	$20	-	No
45-4831457	-	Apartment Rental	-	$20	-	Yes
01-0725888	-	Apartment Rental	$-1,585	$13	-	Yes
27-3369978	-	Apartment Rental	-	$7	-	Yes
20-1847103	-	Apartment Rental	$-1	$5	-	No
20-0182413	-	Apartment Rental	$-1	$3	-	No
54-1959234	-	Apartment Rental	-	$1	-	Yes
30-0579858	-	Apartment Rental	-	$-163	-	No
45-3057649	-	Apartment Rental	-	-	-	No
46-0744688	-	Apartment Rental	-	-	-	No
45-4667957	-	Apartment Rental	-	-	-	No
45-4668063	-	Apartment Rental	-	-	-	No
46-0644256	-	Apartment Rental	-	-	-	No
46-1933037	-	Apartment Rental	-	-	-	No
46-1915790	-	Apartment Rental	-	-	-	No
59-3769977	-	Apartment Rental	$-1	$-9	-	Yes
33-1024533	-	Apartment Rental	$-1	$-36,696	-	No
43-2087409	-	Apartment Rental	$-1,006	$-11,703	-	No
65-1316000	-	Apartment Rental	$-1,968	$-9,370	-	No
56-1604433	-	Apartment Rental	$-7,119	$-34,093	-	Yes

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Security Deposits Payable	$54,261

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Audit committee: Yes
Backup withholding compliance: 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: No
Audited financial statements prepared: No
Key decisions subject to board approval: No
Management duties delegated: Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Related party information among officers: the three members of the board of directors of southeastern housing preservation are related through business. Together, they wholly own the management company, gem management, inc., which manages affordable housing properties, including the properties owned by the entity. Gary d ellis, gem management, inc., owner tim gunderman, gem management, inc., owner melvin melton, gem mangement, inc., owner”

Form 990, Part VI, Section A, Line 3

“Daily operations of the rental properties are handled by gem management, inc. In accordance with u.s. Department of agriculture rural development regulations and procedures.”

Form 990, Part VI, Section B, Line 11

“A copy of this form 990 was provided to the board of directors for review prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available upon request at the organization's office.”

Filing and Contact Details

Filer

EIN: 56-1856590
Phone: 7043576000

Signing Officer

Name: Gary D Ellis
Title: Director
Phone: 7043576000
Signed: 2015-01-12
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Gary D Ellis
Formed: 1994
Legal Domicile: Nc
Voting Board Members: 3
Independent Board Members: 0
Employees: 0
Volunteers: 0

Preparer

Preparer: Rhonda F Skiles
Phone: 3362944494

Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Springwood - utilities: program service expenses 53,614. Management and general expenses 0. Fundraising expenses 0. Total expenses 53,614. Pine forest - utilities: program service expenses 48,901. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,901. Hillside - utilities: program service expenses 45,209. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,209. Springwood - mgmt fee: program service expenses 43,884. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,884. Pine forest - mgmt fee: program service expenses 36,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,300. Hillside - mgmt fee: program service expenses 34,556. Management and general expenses 0. Fundraising expenses 0. Total expenses 34,556. Sedgefield - utilities: program service expenses 33,945. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,945. Hillside - real estate taxes: program service expenses 28,625. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,625. Springwood - site mgmt payroll: program service expenses 28,306. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,306. Springwood - real estate taxes: program service expenses 27,308. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,308. Sedgefield - mgmt fee: program service expenses 21,624. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,624. Pine forest - real estate taxes: program service expenses 20,588. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,588. Sedgefield - real estate taxes: program service expenses 20,102. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,102. Sedgefield - grounds: program service expenses 19,435. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,435. Pine forest - site mgmt payroll: program service expenses 19,316. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,316. Springwood - grounds: program service expenses 19,064. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,064. Springwood - reserve expenses: program service expenses 17,948. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,948. Hillside - grounds: program service expenses 17,591. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,591. Springwood - insurance: program service expenses 16,834. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,834. Pine forest - reserve expenses: program service expenses 15,476. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,476. Hillside - insurance: program service expenses 14,431. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,431. Pine forest - insurance: program service expenses 13,470. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,470. Springfield - repairs & maintenance: program service expenses 13,442. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,442. Hillside - site mgmt payroll: program service expenses 13,352. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,352. Hillside - payroll tax/benefits: program service expenses 13,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,150. Pine forest - payroll tax/benefits: program service expenses 12,305. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,305. Pine forest - grounds: program service expenses 11,222. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,222. Springwood - payroll tax/benefits: program service expenses 8,846. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,846. Sedgefield -”

FORM 990, PART XI, LINE 9:

“Rental losses from pass-through entities 9,449. Interest income from pass-through entities -20.”

Financial Statement Notes

PART X, LINE 2:

“It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the consolidated financial statements. No material uncertain tax positions were identified for 2014 and 2013. Currently, the statute of limitations remains open subsequent to and including 2011; however, no examinations are in process or anticipated.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental losses from pass-through entities -9,449. Interest income from pass-through entities 19.”

Raw XML AppendixShowing 400 of 905 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/OthNotesLoansReceivableNetGrp/EOYAmt	0	5319049
IRS990/PartialLiquidationInd	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrincipalOfficerNm	0	GARY D ELLIS
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	LOW INCOME HOUSING REN
IRS990/ProgramServiceRevenueGrp/Desc	1	LATE CHARGES, LAUNDRY,
IRS990/ProgramServiceRevenueGrp/Desc	2	RENTAL LOSSES FROM PAS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	236525
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	13407
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	-9449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	236525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	13407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	-9449
IRS990/ProgSrvcAccomActy2Grp/Desc	0	USDA RURAL DEVELOPMENT 515 PROGRAM - NONPROFIT ALLOCATION;PINE FOREST APARTMENTS, PLYMOUTH, NC55 UNITS X 12 MONTHS AVAILABLE OCCUPANCY = 660 AVAILABLE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt	0	340007
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt	0	58731
IRS990/ProgSrvcAccomActy3Grp/Desc	0	USDA RURAL DEVELOPMENT 515 PROGRAM - NONPROFIT ALLOCATIONHILLSIDE APARTMENTS, MOORESVILLE, NC60 UNITS X 12 MONTHS AVAILABLE OCCUPANCY = 720 AVAILABLE
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt	0	319023
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt	0	61816
IRS990/ProgSrvcAccomActyOtherGrp/Desc	0	USDA RURAL DEVELOPMENT 515 PROGRAM - NONPROFIT ALLOCATION;SPRINGFIELD APARTMENTS, KINGS MOUNTAIN, NC12 UNITS X 12 MONTHS AVAILABLE OCCUPANCY = 144 AVAILABLE
IRS990/ProgSrvcAccomActyOtherGrp/Desc	1	USDA RURAL DEVELOPMENT 515 PROGRAM - NONPROFIT ALLOCATION;SEDGEFIELD APARTMENTS, MOORESVILLE, NC36 UNITS X 12 MONTHS AVAILABLE OCCUPANCY = 432 AVAILABLE
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt	0	61200
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt	1	212474
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt	0	23167
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt	1	20364
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	1189755
IRS990/PYExcessBenefitTransInd	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	255
IRS990/PYOtherExpensesAmt	0	1299511
IRS990/PYOtherRevenueAmt	0	0
IRS990/PYProgramServiceRevenueAmt	0	286823
IRS990/PYRevenuesLessExpensesAmt	0	177322
IRS990/PYSalariesCompEmpBnftPaidAmt	0	0
IRS990/PYTotalExpensesAmt	0	1299511
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	1476833
IRS990/QuidProQuoContributionsInd	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	2179324
IRS990/RelatedEntityInd	0	1
IRS990/RelatedOrganizationCtrlEntInd	0	0
IRS990/ReportInvestmentsOtherSecInd	0	0
IRS990/ReportLandBuildingEquipmentInd	0	1
IRS990/ReportOtherAssetsInd	0	0
IRS990/ReportOtherLiabilitiesInd	0	1
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	81449
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	859418
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	914713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	3293144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	1189755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	1867224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	1061612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	1034273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	8446008
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	136
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	807
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	2862
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	1683546
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.99970
IRS990ScheduleA/PublicSupportPY170Pct	0	0.99950
IRS990ScheduleA/PublicSupportTotal170Amt	0	8446008
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	3293144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	1189755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	1867224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	1061612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	1034273
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	8446008
IRS990ScheduleA/TotalSupportAmt	0	8448870
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990/ScheduleBRequiredInd	0	1
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	3001363
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	2218550
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	5219913
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	914733
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	754605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	1669338
IRS990ScheduleD/ExpensesNotReportedAmt	0	0
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt	0	0
IRS990ScheduleD/ExpensesSubtotalAmt	0	1354439
IRS990ScheduleD/FootnoteTextInd	0	X
IRS990ScheduleD/LandGrp/BookValueAmt	0	391720
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	391720
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	200728
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	247609
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	448337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	54261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt	0	-9430
IRS990ScheduleD/RevenueNotReportedAmt	0	0
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	-9430
IRS990ScheduleD/RevenueSubtotalAmt	0	3543193
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2014 AND 2013. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING 2011; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	1	RENTAL LOSSES FROM PASS-THROUGH ENTITIES -9,449. INTEREST INCOME FROM PASS-THROUGH ENTITIES 19.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	1	PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	4508544
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	1354439
IRS990ScheduleD/TotalLiabilityAmt	0	54261
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	3533763
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	3543193
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	1354439
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	0
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	0
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	0
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	0
IRS990ScheduleJ/InitialContractExceptionInd	0	0
IRS990/ScheduleJRequiredInd	0	1
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	163743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	GARY D ELLIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	163743
IRS990ScheduleJ/SeverancePaymentInd	0	0
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	0
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1	0	GEM MANAGEMENT INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt	0	ENTITY MORE THAN 35% OWNED BY CURRENT OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd	0	0
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt	0	143943
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc	0	RENTAL PROPERTY MGMT FEES PAID IN ACCORDANCE WITH USDA RD GUIDELINES.
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	RELATED PARTY INFORMATION AMONG OFFICERS: THE THREE MEMBERS OF THE BOARD OF DIRECTORS OF SOUTHEASTERN HOUSING PRESERVATION ARE RELATED THROUGH BUSINESS. TOGETHER, THEY WHOLLY OWN THE MANAGEMENT COMPANY, GEM MANAGEMENT, INC., WHICH MANAGES AFFORDABLE HOUSING PROPERTIES, INCLUDING THE PROPERTIES OWNED BY THE ENTITY. GARY D ELLIS, GEM MANAGEMENT, INC., OWNER TIM GUNDERMAN, GEM MANAGEMENT, INC., OWNER MELVIN MELTON, GEM MANGEMENT, INC., OWNER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DAILY OPERATIONS OF THE RENTAL PROPERTIES ARE HANDLED BY GEM MANAGEMENT, INC. IN ACCORDANCE WITH U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT REGULATIONS AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	A COPY OF THIS FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	SPRINGWOOD - UTILITIES: PROGRAM SERVICE EXPENSES 53,614. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,614. PINE FOREST - UTILITIES: PROGRAM SERVICE EXPENSES 48,901. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,901. HILLSIDE - UTILITIES: PROGRAM SERVICE EXPENSES 45,209. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,209. SPRINGWOOD - MGMT FEE: PROGRAM SERVICE EXPENSES 43,884. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,884. PINE FOREST - MGMT FEE: PROGRAM SERVICE EXPENSES 36,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,300. HILLSIDE - MGMT FEE: PROGRAM SERVICE EXPENSES 34,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,556. SEDGEFIELD - UTILITIES: PROGRAM SERVICE EXPENSES 33,945. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,945. HILLSIDE - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 28,625. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,625. SPRINGWOOD - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 28,306. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,306. SPRINGWOOD - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 27,308. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,308. SEDGEFIELD - MGMT FEE: PROGRAM SERVICE EXPENSES 21,624. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,624. PINE FOREST - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 20,588. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,588. SEDGEFIELD - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 20,102. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,102. SEDGEFIELD - GROUNDS: PROGRAM SERVICE EXPENSES 19,435. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,435. PINE FOREST - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 19,316. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,316. SPRINGWOOD - GROUNDS: PROGRAM SERVICE EXPENSES 19,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,064. SPRINGWOOD - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 17,948. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,948. HILLSIDE - GROUNDS: PROGRAM SERVICE EXPENSES 17,591. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,591. SPRINGWOOD - INSURANCE: PROGRAM SERVICE EXPENSES 16,834. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,834. PINE FOREST - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 15,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,476. HILLSIDE - INSURANCE: PROGRAM SERVICE EXPENSES 14,431. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,431. PINE FOREST - INSURANCE: PROGRAM SERVICE EXPENSES 13,470. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,470. SPRINGFIELD - REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 13,442. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,442. HILLSIDE - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 13,352. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,352. HILLSIDE - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 13,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,150. PINE FOREST - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 12,305. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,305. PINE FOREST - GROUNDS: PROGRAM SERVICE EXPENSES 11,222. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,222. SPRINGWOOD - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 8,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,846. SEDGEFIELD -
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	RENTAL LOSSES FROM PASS-THROUGH ENTITIES 9,449. INTEREST INCOME FROM PASS-THROUGH ENTITIES -20.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd	0	0
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd	0	0
IRS990ScheduleR/AssetSaleToOtherOrgInd	0	0
IRS990ScheduleR/DivRelatedOrganizationInd	0	0
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd	0	0
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd	0	0
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd	0	0
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd	0	N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN	0	561733418
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt	0	S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	0	NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	0	MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1	0	GEM MANAGEMENT INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1	0	2021 CROSS BEAM DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City	0	CHARLOTTE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State	0	NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode	0	28217
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	0	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	1	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	2	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	3	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	4	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	5	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	6	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	7	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	8	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	9	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	10	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	11	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	12	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	13	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	14	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	15	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	16	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	17	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	18	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	19	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	20	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	21	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	22	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	23	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	24	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	25	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	26	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	27	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	28	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	29	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	30	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	31	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	32	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	33	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	0	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	1	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	2	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	3	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	4	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	5	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	6	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	7	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	8	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	9	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	10	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	11	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	12	0
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd	13	0

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Assets: $11,141,731
Liabilities: $5,148,057
Net assets: $5,993,674
Revenue: $3,533,763
Expenses: $1,354,439
Net income: $2,179,324

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$15.2	$1.04	$14.2	$2.58	$1.34	$1.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$15.6	$2.44	$13.2	$1.49	$1.34	$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$15.7	$2.66	$13.1	$2.50	$1.12	$1.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$14.8	$3.03	$11.7	$2.81	$1.23	$1.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$13.5	$3.28	$10.2	$1.80	$1.29	$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$13.4	$3.63	$9.78	$1.78	$0.97	$0.81
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$12.6	$3.56	$9.05	$2.57	$1.36	$1.21
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.	$11.6	$3.76	$7.83	$1.83	$1.45	$0.38
2016Detailed filing. Detailed filing data is available for this year.	$11.1	$3.61	$7.47	$2.01	$1.46	$0.55
2015Detailed filing. Detailed filing data is available for this year.	$11.8	$4.97	$6.82	$2.26	$1.41	$0.86
2014Detailed filing. Detailed filing data is available for this year.	$11.1	$5.15	$5.99	$3.53	$1.35	$2.18