Southeastern Housing Preservation Inc.

990 • Fiscal year 2021 • EIN 56-1856590

Oct 01, 2020 to Sep 30, 2021 • Filed on Dec 13, 2021

Organization Profile N/A

1515 Mockingbird Lane No 1010Charlotte, NC 28209

(704) 335-9112

Siviq Scores

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

0.21x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

1.08x

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

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

56%

Higher net margin than 85% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

9.4%

Faster asset growth than 82% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

56%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets26th percentile

Assets

$14,784,364

Up $1,264,899 (+9.4%) from 2020

Net Assets

$11,749,901

Up $1,513,113 (+15%) from 2020

Liabilities

Down

$3,034,463

Down $248,214 (-7.6%) from 2020

Revenue And Expenses

Liabilities / Revenue30th percentile Net Margin85th percentile

Revenue

$2,809,186

Up $1,006,146 (+56%) from 2020

Expenses

Down

$1,228,287

Down $61,766 (-4.8%) from 2020

Net Income

$1,580,899

Up $1,067,912 (+208%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

Highlighted filing

2021

Assets$14,784,364

Liabilities$3,034,463

Net Assets$11,749,901

Open 2021 Filing

Operations Trend

Revenue Growth89th percentile

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

Highlighted filing

2021

Revenue$2,809,186

Expenses$1,228,287

Net Income$1,580,899

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2020 to Sep 30, 2021
Signed: Dec 13, 2021
Return Version: 2020v4.1
Gross Receipts: $2,828,686

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	$8,780,416	$9,320,919	▲ $540,503
Land, Buildings, and Equipment, Net	$2,591,608	$2,441,003	▼ $150,605
Pledges and Grants Receivable	$500,000	$1,326,282	▲ $826,282
Savings and Temporary Cash Investments	$573,654	$609,363	▲ $35,709
Investments Program Related	$570,292	$550,792	▼ $19,500
Cash and Non-Interest-Bearing Accounts	$473,631	$500,429	▲ $26,798
Accounts Receivable	$18,084	$22,798	▲ $4,714
Prepaid Expenses and Deferred Charges	$11,780	$12,778	▲ $998
Total Assets	$13,519,465	$14,784,364	▲ $1,264,899
Liabilities
Mortgage Notes Payable Secured by Investment Property	$2,871,662	$2,682,869	▼ $188,793
Other Liabilities	$268,858	$243,491	▼ $25,367
Accounts Payable and Accrued Expenses	$140,679	$105,950	▼ $34,729
Deferred Revenue	$1,478	$2,153	▲ $675
Total Liabilities	$3,282,677	$3,034,463	▼ $248,214
Net Assets / Fund Balance
Net Assets With Donor Restrictions	$9,027,252	$10,353,534	▲ $1,326,282
Net Assets Without Donor Restrictions	$1,209,536	$1,396,367	▲ $186,831
Total Net Assets Fund Balance	$10,236,788	$11,749,901	▲ $1,513,113
Total Liabilities and Net Assets / Fund Balance	$13,519,465	$14,784,364	▲ $1,264,899

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$1,988,703	$2,948,476	$4,937,179
Other Land Buildings	$27,230	$280,092	$307,322
Equipment	$128,130	$173,610	$301,740
Land	$296,940	-	$296,940

Compensation and Service Providers

Top Officer Pay22nd percentile

Board Members and Trustees

Name	Title
Ira M Slomka	President
Hollis M Fitch	Vice President
Ginger Kimbrell	Director
Jason Macarthur	Director
Casey Stansbury	Secretary/treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $2,271,484
Program Service Revenue: $551,699
Investment Income: $-13,997
Other Revenue: $0
Change in Net Assets: $1,580,899

Audited Revenue Reconciliation

Revenue per Audited Statements: $2,711,675
Revenue Not Reported on Financial Statements: $97,511
Revenue Not Reported on Form 990: $0
Other Revenue Adjustments: $97,511
Total Revenue per Audited Statements: $2,711,675
Total Revenue per Form 990: $2,809,186

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$1,228,287
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	$627,994	$21,864	-	$649,858
Depreciation Depletion	$150,605	-	-	$150,605
Other Expenses	$68,746	-	-	$68,746
Interest	$19,305	-	-	$19,305
Fees for Services Accounting	-	$13,000	-	$13,000
Office Expenses	$6,786	-	-	$6,786
Fees for Services Legal	-	$881	-	$881
Total Functional Expenses	$1,192,542	$35,745	$0	$1,228,287

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$1,228,287
Total Expenses per Form 990	$1,228,287
Total Expenses per Audited Statements	$1,198,562
Expenses Not Reported on Financial Statements	$0
Expenses Not Reported on Form 990	$-29,725

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

Related Organizations and Partnerships

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Thomas Village Associates Lp	Charlotte, NC	Apartment Rental	$-2,643	$712,275	-	No
Lake City Associates Ltd Partnership	Charlotte, NC	Apartment Rental	$5,606	$514,316	-	Yes
Cross Creek Limited Partnership	Charlotte, NC	Apartment Rental	$-4	$96,124	-	Yes
Phillips Village Ltd	Charlotte, NC	Apartment Rental	$56	$61,735	-	Yes
Ada Park Va LLC	Charlotte, NC	Apartment Rental	$-720	$61,361	-	No
Residential Resources Lp Sign Post Estates	Providence Forge, VA	Apartment Rental	$389	$48,672	-	No
Timberland Park Va LLC	Charlotte, NC	Apartment Rental	-	$47,747	-	No
Woodstock I Limited Partnership	Charlotte, NC	Apartment Rental	$45,072	$24,393	-	Yes
Wintergreen Apartments Ltd	Charlotte, NC	Apartment Rental	$-1	$44,894	-	Yes
Robinson Park Va LLC	Charlotte, NC	Apartment Rental	$-355	$42,783	-	Yes
Lenox Station Apartments Lp	Charlotte, NC	Apartment Rental	$-431	$35,950	-	No
Wood Hill Associates of Mt Sterling	Charlotte, NC	Apartment Rental	-	$34,253	-	No
Blue Sky Limited Partnership	Charlotte, NC	Apartment Rental	$29,823	$-16	-	Yes
Harrison Terrace Nc LLC	Charlotte, NC	Apartment Rental	$369	$28,080	-	No
Lake City Associates Ltd Partnership	Charlotte, NC	Apartment Rental	-	$17,147	-	No
Fields of Toe Nc Limited Partnership	Charlotte, NC	Apartment Rental	-	$16,787	-	Yes
Heritage Village Ltd	Charlotte, NC	Apartment Rental	$585	$14,699	-	Yes
Thmo Limited Partnership	Charlotte, NC	Apartment Rental	$-2	$5,568	-	Yes
Mountain Oak Limited Partnership	Charlotte, NC	Apartment Rental	$-9	$4,924	-	Yes
Westwood Va Limited Partnership	Charlotte, NC	Apartment Rental	$-1	$3,723	-	Yes
Warsaw Manor Va LLC	Charlotte, NC	Apartment Rental	$-2	$2,032	-	No
Pope Field Terrace Sc LLC	Charlotte, NC	Apartment Rental	$-2	$1,901	-	No
Lovingston Ridge Va LLC	Charlotte, NC	Apartment Rental	$-1	$1,885	-	No
Woodstock Iii Limited Partnership	Charlotte, NC	Apartment Rental	$407	$55	-	Yes
Academy Apartments Va LLC	Charlotte, NC	Apartment Rental	$318	$33	-	Yes
Wexford Pointe Apartments LLC	Charlotte, NC	Apartment Rental	$-2	$77	-	Yes
New River Gardens Ii Va Lp	Charlotte, NC	Apartment Rental	$-2	$47	-	Yes
Fieldale Housing LLC	Charlotte, NC	Apartment Rental	$-2	$41	-	No
Highland Rim Apartments Ltd	Charlotte, NC	Apartment Rental	-	$34	-	No
Kings Square Ii Limited Partnership	Charlotte, NC	Apartment Rental	-	$25	-	No
Cooper Terrace Nc LLC	Charlotte, NC	Apartment Rental	$-2	$23	-	No
Brooke Pointe Manor LLC	Cary, NC	Apartment Rental	$-2	$20	-	No
Holly Park Housing LLC	Charlotte, NC	Apartment Rental	$-1	$14	-	No
North Glen Apartments Nc Lp	Charlotte, NC	Apartment Rental	$-6,525	$14	-	Yes
Iron Bridge Road Apartments Va LLC	Charlotte, NC	Apartment Rental	$-675	$13	-	No
Lily Ridge Va LLC	Charlotte, NC	Apartment Rental	$-2	$11	-	No
Aspen Square Va Lp	Charlotte, NC	Apartment Rental	$-3	$10	-	No
New River Overlook Va LLC	Charlotte, NC	Apartment Rental	$-3	$10	-	No
The Shire Va LLC	Charlotte, NC	Apartment Rental	$-1	$9	-	No
Valdese Village Limited Partnership	Charlotte, NC	Apartment Rental	$-1	$8	-	No
Westgate Terrace Nc LLC	Charlotte, NC	Apartment Rental	$-718	$6	-	No
Bailey Gardens Limited Partnership	Charlotte, NC	Apartment Rental	-	$-51,986	-	No
Bickerstaff Mm LLC	Cary, NC	Apartment Rental	-	-	-	No
Dyersburg Associates	Charlotte, NC	Apartment Rental	-	-	-	Yes
Dyersburg Associates	Charlotte, NC	Apartment Rental	-	-	-	No
Flatiron Holdings LLC	Charlotte, NC	General Partner/managing Member Interests	-	-	-	No
Gem Management LLC	Charlotte, NC	Property Management	-	-	-	No
Mountain Laurel Manor Ii Va LLC	Charlotte, NC	Apartment Rental	-	-	-	No
Pecan Lane Limited Partnership	Charlotte, NC	Apartment Rental	-	$-13,057	-	Yes
Scotts Hill Ltd	Charlotte, NC	Apartment Rental	-	$-5	-	Yes
Bellemont Pointe Apartments LLC	Charlotte, NC	Apartment Rental	$-1	$-163	-	No
Bradbury Apartments Limited Partnership	Florence, AL	Apartment Rental	$-1	$-5	-	No
Magnolia Park Limited Partnership	Charlotte, NC	Apartment Rental	$-1	$-5	-	No
Bailey Springs Apartments Lp	Florence, AL	Apartment Rental	$-2	$-2	-	No
Village Green Va LLC	Charlotte, NC	Apartment Rental	$-65	$-51,739	-	Yes
Aviemore Village Ltd Partnership	Charlotte, NC	Apartment Rental	$-827	$-15,837	-	Yes
Woodstock Ii Limited Partnership	Charlotte, NC	Apartment Rental	$-1,832	$-10,727	-	Yes

Transactions with Related Organizations

Organization	Type	Method	Amount
Gem Management LLC	C	-	$33,000

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Note Payable, Affiliate	$201,759
Security Deposits Payable	$41,732

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Audit committee: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: 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: three members of the board of directors of southeastern housing preservation are related through employment and control of fitch irick corporation, where they make up the management team responsible for management decisions of the property managment company and the rental real estate partnerships; ira m. Slomka, hollis m. Finch and casey stansbury.”

Form 990, Part VI, Section A, Line 3

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

Form 990, Part VI, Section B, Line 11B

“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

Filer Name: Southeastern Housing Preservation Inc
EIN: 56-1856590
Phone: 7043359112
Address: 1515 MOCKINGBIRD LANE NO 1010, CHARLOTTE, NC 28209

Signing Officer

Name: Ira M Slomka
Title: President
Phone: 7043359122
Signed: 2021-12-13
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Ira M Slomka
Formed: 1994
Legal Domicile: Nc
Voting Board Members: 5
Independent Board Members: 3
Employees: 0
Volunteers: 0

Preparer

Firm: Bernard Robinson & Company Llp
Address: PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer: Rhonda F Skiles
Phone: 3362944494

Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Springwood - mgmt fee: program service expenses 52,864. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,864. Hillside - utilities: program service expenses 51,090. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,090. Hillside - mgmt fee: program service expenses 45,732. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,732. Springwood - site mgmt payroll: program service expenses 38,265. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,265. Springwood - real estate taxes: program service expenses 30,626. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,626. Sedgefield - utilities: program service expenses 29,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,820. Hillside - real estate taxes: program service expenses 28,667. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,667. Sedgefield - mgmt fee: program service expenses 26,796. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,796. Hillside - site mgmt payroll: program service expenses 24,555. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,555. Springwood - insurance: program service expenses 22,704. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,704. Springfield - repairs and maintenance: program service expenses 22,245. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,245. Sedgefield - real estate taxes: program service expenses 20,876. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,876. Hillside - insurance: program service expenses 19,402. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,402. Sedgefield - reserve expenses: program service expenses 19,282. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,282. Springwood - grounds: program service expenses 18,677. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,677. Sedgefield - site mgmt payroll: program service expenses 18,532. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,532. Springwood - reserve expenses: program service expenses 18,248. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,248. Hillside - reserve expenses: program service expenses 16,333. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,333. Corporate - other admin expenses: program service expenses 0. Management and general expenses 16,090. Fundraising expenses 0. Total expenses 16,090. Hillside - grounds: program service expenses 15,009. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,009. Springfield - reserve expenses: program service expenses 14,137. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,137. Sedgefield - insurance: program service expenses 11,496. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,496. Springwood - payroll tax/benefits: program service expenses 10,955. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,955. Sedgefield - payroll tax/benefits: program service expenses 9,602. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,602. Springfield - mgmt fee: program service expenses 9,286. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,286. Sedgefield - grounds: program service expenses 7,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,250. Hillside - payroll tax/benefits: program service expenses 6,390. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,390. Springfield - site mgmt payroll: program service expenses 4,917. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,917.”

FORM 990, PART XI, LINE 9:

“Rental income from pass-through entities -67,786. Interest income from pass-through entities 0.”

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 financial statements. No material uncertain tax positions were identified for 2021.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental income from pass-through entities 67,786. Loss on disposal of partnership interest shown as expense of financial stmts -14,500. Interest income shown as interest expense on financial statements 44,225.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Interest income shown as interest expense on financial statements -44,225. Loss on disposal of partnership interest shown as expense of financial stmts 14,500.”

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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/Form990PartVIISectionAGrp/TitleTxt	4	DIRECTOR
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IRS990/ScheduleBRequiredInd	0	1
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	173610
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IRS990ScheduleD/ExpensesSubtotalAmt	0	1228287
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	307322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	41732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	201759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	NOTE PAYABLE, AFFILIATE
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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 FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	1	RENTAL INCOME FROM PASS-THROUGH ENTITIES 67,786. LOSS ON DISPOSAL OF PARTNERSHIP INTEREST SHOWN AS EXPENSE OF FINANCIAL STMTS -14,500. INTEREST INCOME SHOWN AS INTEREST EXPENSE ON FINANCIAL STATEMENTS 44,225.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	2	INTEREST INCOME SHOWN AS INTEREST EXPENSE ON FINANCIAL STATEMENTS -44,225. LOSS ON DISPOSAL OF PARTNERSHIP INTEREST SHOWN AS EXPENSE OF FINANCIAL STMTS 14,500.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	1	PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	2	PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	2441003
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	1228287
IRS990ScheduleD/TotalLiabilityAmt	0	243491
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	2809186
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	2711675
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	1198562
IRS990/ScheduleJRequiredInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	RELATED PARTY INFORMATION AMONG OFFICERS: THREE MEMBERS OF THE BOARD OF DIRECTORS OF SOUTHEASTERN HOUSING PRESERVATION ARE RELATED THROUGH EMPLOYMENT AND CONTROL OF FITCH IRICK CORPORATION, WHERE THEY MAKE UP THE MANAGEMENT TEAM RESPONSIBLE FOR MANAGEMENT DECISIONS OF THE PROPERTY MANAGMENT COMPANY AND THE RENTAL REAL ESTATE PARTNERSHIPS; IRA M. SLOMKA, HOLLIS M. FINCH AND CASEY STANSBURY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DAILY OPERATIONS OF THE RENTAL PROPERTIES ARE HANDLED BY GEM MANAGEMENT, LLC 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 - MGMT FEE: PROGRAM SERVICE EXPENSES 52,864. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,864. HILLSIDE - UTILITIES: PROGRAM SERVICE EXPENSES 51,090. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,090. HILLSIDE - MGMT FEE: PROGRAM SERVICE EXPENSES 45,732. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,732. SPRINGWOOD - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 38,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,265. SPRINGWOOD - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 30,626. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,626. SEDGEFIELD - UTILITIES: PROGRAM SERVICE EXPENSES 29,820. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,820. HILLSIDE - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 28,667. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,667. SEDGEFIELD - MGMT FEE: PROGRAM SERVICE EXPENSES 26,796. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,796. HILLSIDE - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 24,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,555. SPRINGWOOD - INSURANCE: PROGRAM SERVICE EXPENSES 22,704. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,704. SPRINGFIELD - REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 22,245. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,245. SEDGEFIELD - REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 20,876. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,876. HILLSIDE - INSURANCE: PROGRAM SERVICE EXPENSES 19,402. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,402. SEDGEFIELD - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 19,282. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,282. SPRINGWOOD - GROUNDS: PROGRAM SERVICE EXPENSES 18,677. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,677. SEDGEFIELD - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 18,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,532. SPRINGWOOD - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 18,248. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,248. HILLSIDE - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 16,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,333. CORPORATE - OTHER ADMIN EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,090. HILLSIDE - GROUNDS: PROGRAM SERVICE EXPENSES 15,009. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,009. SPRINGFIELD - RESERVE EXPENSES: PROGRAM SERVICE EXPENSES 14,137. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,137. SEDGEFIELD - INSURANCE: PROGRAM SERVICE EXPENSES 11,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,496. SPRINGWOOD - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 10,955. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,955. SEDGEFIELD - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 9,602. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,602. SPRINGFIELD - MGMT FEE: PROGRAM SERVICE EXPENSES 9,286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,286. SEDGEFIELD - GROUNDS: PROGRAM SERVICE EXPENSES 7,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,250. HILLSIDE - PAYROLL TAX/BENEFITS: PROGRAM SERVICE EXPENSES 6,390. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,390. SPRINGFIELD - SITE MGMT PAYROLL: PROGRAM SERVICE EXPENSES 4,917. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,917.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	RENTAL INCOME FROM PASS-THROUGH ENTITIES -67,786. INTEREST INCOME FROM PASS-THROUGH ENTITIES 0.
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 11B
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:
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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
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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/DirectControllingNACd	34	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	35	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	36	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	37	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	38	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	39	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	40	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	41	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	42	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	43	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	44	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	45	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	46	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	47	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	48	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	49	N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd	50	N/A

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $14,784,364
Liabilities: $3,034,463
Net assets: $11,749,901
Revenue: $2,809,186
Expenses: $1,228,287
Net income: $1,580,899

	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
2021Detailed filing. Detailed filing data is available for this year.	$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