Civic Intelligence

T H P Housing Inc.

990 • Fiscal year 2018 • EIN 56-1908374

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 09, 2020

Organization ProfileN/A
2102 Aileen CTHigh Point, NC 27265

(336) 644-1262

Siviq Scores

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

Liabilities / Assets

97th percentile

2.05x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • NTEE P • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

10.34x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • NTEE P • $500k-$1M nonprofits • Source year 2018

Net Margin

25th percentile

-6.7%

Higher net margin than 25% of similar nonprofits.

2018 filings • NTEE P • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2018 filings • NTEE P • $500k-$1M nonprofits • Source year 2018

Asset Growth

44th percentile

-1.0%

Faster asset growth than 44% of similar nonprofits.

2018 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

18%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$767,597

Down $7,501 (-1.0%) from 2017

Net Assets

Down

-$806,928

Down $10,186 (-1.3%) from 2017

Liabilities

Up

$1,574,525

Up $2,685 (+0.2%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin25th percentile

Revenue

Up

$152,248

Up $23,346 (+18%) from 2017

Expenses

Down

$162,434

Down $13,687 (-7.8%) from 2017

Net Income

Up

-$10,186

Up $37,033 (+78%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,028,847Liabilities 2011: $1,577,637Net Assets 2011: -$548,7902011Assets 2012: $988,055Liabilities 2012: $1,571,789Net Assets 2012: -$583,7342012Assets 2013: $963,105Liabilities 2013: $1,575,528Net Assets 2013: -$612,4232013Assets 2014: $927,251Liabilities 2014: $1,570,863Net Assets 2014: -$643,6122014Assets 2015: $875,584Liabilities 2015: $1,569,869Net Assets 2015: -$694,2852015Assets 2016: $826,776Liabilities 2016: $1,576,299Net Assets 2016: -$749,5232016Assets 2017: $775,098Liabilities 2017: $1,571,840Net Assets 2017: -$796,7422017Assets 2018: $767,597Liabilities 2018: $1,574,525Net Assets 2018: -$806,9282018Assets 2019: $759,672Liabilities 2019: $1,569,858Net Assets 2019: -$810,1862019Assets 2020: $743,906Liabilities 2020: $1,570,033Net Assets 2020: -$826,1272020Assets 2021: $733,335Liabilities 2021: $1,573,963Net Assets 2021: -$840,6282021Assets 2022: $709,254Liabilities 2022: $1,573,521Net Assets 2022: -$864,2672022Assets 2023: $681,392Liabilities 2023: $1,571,738Net Assets 2023: -$890,3462023Assets 2024: $691,733Liabilities 2024: $1,632,167Net Assets 2024: -$940,4342024

Highlighted filing

2018

Assets$767,597
Liabilities$1,574,525
Net Assets-$806,928
Open 2018 Filing

Operations Trend

Revenue Growth72nd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $136,195Expenses 2011: $180,079Net Income 2011: -$43,8842011Expenses 2012: $167,4042012Revenue 2013: $131,508Expenses 2013: $160,197Net Income 2013: -$28,6892013Revenue 2014: $147,467Expenses 2014: $178,656Net Income 2014: -$31,1892014Revenue 2015: $145,089Expenses 2015: $195,762Net Income 2015: -$50,6732015Revenue 2016: $127,858Expenses 2016: $183,096Net Income 2016: -$55,2382016Revenue 2017: $128,902Expenses 2017: $176,121Net Income 2017: -$47,2192017Revenue 2018: $152,248Expenses 2018: $162,434Net Income 2018: -$10,1862018Revenue 2019: $154,896Expenses 2019: $158,154Net Income 2019: -$3,2582019Revenue 2020: $145,739Expenses 2020: $161,680Net Income 2020: -$15,9412020Revenue 2021: $167,580Expenses 2021: $182,081Net Income 2021: -$14,5012021Revenue 2022: $172,811Expenses 2022: $196,450Net Income 2022: -$23,6392022Revenue 2023: $169,215Expenses 2023: $195,294Net Income 2023: -$26,0792023Revenue 2024: $179,089Expenses 2024: $229,177Net Income 2024: -$50,0882024

Highlighted filing

2018

Revenue$152,248
Expenses$162,434
Net Income-$10,186
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 9, 2020
Return Version
2017v2.3
Gross Receipts
$152,248
Mission and Program Overview

Mission

To advocate and provide safe, sanitary, affordable housing for very low income persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$669,530$711,731▲ $42,201
Investments Program Related$98,424$45,324▼ $53,100
Prepaid Expenses and Deferred Charges$1,227$2,775▲ $1,548
Accounts Receivable$1,461$2,457▲ $996
Cash and Non-Interest-Bearing Accounts$598$1,244▲ $646
Total Assets$775,098$767,597▼ $7,501
Other Assets Total$3,858$4,066▲ $208
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,557,500$1,557,500→ $0
Accounts Payable and Accrued Expenses$9,091$11,686▲ $2,595
Other Liabilities$3,729$3,351▼ $378
Deferred Revenue$1,520$1,988▲ $468
Total Liabilities$1,571,840$1,574,525▲ $2,685
Net Assets / Fund Balance
Unrestricted Net Assets$-796,742$-806,928▼ $10,186
Total Net Assets Fund Balance$-796,742$-806,928▼ $10,186
Total Liabilities and Net Assets / Fund Balance$775,098$767,597▼ $7,501

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$568,467$601,104$1,169,571
Other Land Buildings$2,940$220,884$223,824
Equipment$44,324$104,049$148,373
Land$96,000-$96,000
Investment Program Related Org$45,324--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Kathy NorcottPresident
Ann BuffingtonVice President
Carrie McclentonDirector
Cassandra DurhamDirector
Joyce SatterfieldDirector
Sonya SibleySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$110,896
Program Service Revenue
$40,995
Investment Income
$122
Other Revenue
$235
Change in Net Assets
$-10,186

Audited Revenue Reconciliation

Revenue per Audited Statements
$152,248
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$152,248
Total Revenue per Form 990
$152,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$58,279--$58,279
Depreciation Depletion$40,653--$40,653
Fees for Services Management-$18,232-$18,232
Fees for Services Accounting-$7,800-$7,800
Office Expenses-$5,488-$5,488
Other Expenses$883--$883
Total Functional Expenses$130,914$31,520$0$162,434

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$162,434
Total Expenses per Audited Statements$162,434
Total Expenses per Form 990$162,434
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$3,351
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The operations of the apartment community are managed by barr residential & development, llc (brd). Brd is a professional property management company. Brd has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development (hud). Under this certification, hud has approved brd to manage the apartment community”

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

“The board of directors reads and reviews form 990 prior to approving the return for filing with the irs.”

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

“The board delegates operation of the apartment community to the management agent, which operates the community to comply with hud and omb regulations, governing conflicts of interest and related party transactions. The management agent is accountable and reports to both the board of directors and to hud.”

Form 990, Part VI, Section C, Line 19

“Form 990, the governing documents, and all related financial and policy information is kept in the organization's central file room with the books and records, and made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Thp Housing Inc
EIN
56-1908374
Phone
3366441262
Address
2102 AILEEN CT, HIGH POINT, NC 27265

Signing Officer

Name
Kathy Norcott
Title
President
Phone
3366441262
Signed
2020-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Norcott
Formed
1996
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Kevin Canfield
Phone
3178485700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal and state income tax under section 501(c)(3) of the internal revenue code and under a similar statute in the state of north carolina. Accordingly, no provisions for federal and state taxes on revenue and income, or related penalties and interest, have been recognized in the accompanying financial statements. At june 30, 2018, the corporation's tax returns for tax years 2015 through 2017 remained open for examination.”

Raw XML AppendixShowing 400 of 426 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09091
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011686
IRS990/AccountsReceivableGrp/BOYAmt01461
IRS990/AccountsReceivableGrp/EOYAmt02457
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVOCATE AND PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS WITH DISABILITIES.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARR RESIDENTIAL AND DEVELOPMENT
IRS990/BooksInCareOfDetail/PhoneNum03366441262
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0302 SURFVIEW PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MYRTLE BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029572
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0598
IRS990/CashNonInterestBearingGrp/EOYAmt01244
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0110896
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0122
IRS990/CYOtherExpensesAmt0162434
IRS990/CYOtherRevenueAmt0235
IRS990/CYProgramServiceRevenueAmt040995
IRS990/CYRevenuesLessExpensesAmt0-10186
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0162434
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0152248
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01520
IRS990/DeferredRevenueGrp/EOYAmt01988
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt040653
IRS990/DepreciationDepletionGrp/TotalAmt040653
IRS990/Desc0OPERATING A 25 UNIT APARTMENT COMMUNITY TO PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING TO VERY LOW INCOME PERSONS WITH DISABILITIES PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0130914
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07800
IRS990/FeesForServicesAccountingGrp/TotalAmt07800
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt018232
IRS990/FeesForServicesManagementGrp/TotalAmt018232
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0KATHY NORCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm1ANN BUFFINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm2SONYA SIBLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3CARRIE MCCLENTON
IRS990/Form990PartVIISectionAGrp/PersonNm4JOYCE SATTERFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm5CASSANDRA DURHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0110896
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0152248
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0122
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0122
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt098424
IRS990/InvestmentsProgramRelatedGrp/EOYAmt045324
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0926037
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0669530
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0711731
IRS990/LandBldgEquipCostOrOtherBssAmt01637768
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVOCATE AND PROVIDE SAFE, SANITARY, AFFORDABLE HOUSING FOR VERY LOW INCOME PERSONS WITH DISABILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01557500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01557500
IRS990/NetAssetsOrFundBalancesBOYAmt0-796742
IRS990/NetAssetsOrFundBalancesEOYAmt0-806928
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt058279
IRS990/OccupancyGrp/TotalAmt058279
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05488
IRS990/OfficeExpensesGrp/TotalAmt05488
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03858
IRS990/OtherAssetsTotalGrp/EOYAmt04066
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt031099
IRS990/OtherExpensesGrp/ProgramServicesAmt1883
IRS990/OtherExpensesGrp/TotalAmt031099
IRS990/OtherExpensesGrp/TotalAmt1883
IRS990/OtherLiabilitiesGrp/BOYAmt03729
IRS990/OtherLiabilitiesGrp/EOYAmt03351
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt0235
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0235
IRS990/OtherRevenueTotalAmt0235
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01227
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02775
IRS990/PrincipalOfficerNm0KATHY NORCOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt040995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt040995
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt096374
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0174
IRS990/PYOtherExpensesAmt0176121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt032354
IRS990/PYRevenuesLessExpensesAmt0-47219
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0176121
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0128902
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-10186
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt040995
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0110896
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt096374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt090098
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt080346
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0110051
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0487765
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0174
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0213
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0213
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040995
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt032354
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt037561
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt049891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt037203
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0198004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0174
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0921
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0235
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt014639
IRS990ScheduleA/OtherIncome509Grp/TotalAmt014874
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97750
IRS990ScheduleA/PublicSupportPY509Pct00.97680
IRS990ScheduleA/PublicSupportTotal509Amt0685769
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0151891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0128728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0127659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0130237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0147254
IRS990ScheduleA/Total509Grp/TotalAmt0685769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0152248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0128902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0127858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0145089
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147467
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0701564
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0568467
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0601104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01169571
IRS990ScheduleD/EquipmentGrp/BookValueAmt044324
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0148373
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0162434
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt045324
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt096000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt096000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02940
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0220884
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0223824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0152248
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND UNDER A SIMILAR STATUTE IN THE STATE OF NORTH CAROLINA. ACCORDINGLY, NO PROVISIONS FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME, OR RELATED PENALTIES AND INTEREST, HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AT JUNE 30, 2018, THE CORPORATION'S TAX RETURNS FOR TAX YEARS 2015 THROUGH 2017 REMAINED OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0711731
IRS990ScheduleD/TotalBookValueProgramRltdAmt045324
IRS990ScheduleD/TotalExpensesPerForm990Amt0162434
IRS990ScheduleD/TotalLiabilityAmt03351
IRS990ScheduleD/TotalRevenuePerForm990Amt0152248
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0152248
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0162434
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OPERATIONS OF THE APARTMENT COMMUNITY ARE MANAGED BY BARR RESIDENTIAL & DEVELOPMENT, LLC (BRD). BRD IS A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BRD HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THIS CERTIFICATION, HUD HAS APPROVED BRD TO MANAGE THE APARTMENT COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS READS AND REVIEWS FORM 990 PRIOR TO APPROVING THE RETURN FOR FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DELEGATES OPERATION OF THE APARTMENT COMMUNITY TO THE MANAGEMENT AGENT, WHICH OPERATES THE COMMUNITY TO COMPLY WITH HUD AND OMB REGULATIONS, GOVERNING CONFLICTS OF INTEREST AND RELATED PARTY TRANSACTIONS. THE MANAGEMENT AGENT IS ACCOUNTABLE AND REPORTS TO BOTH THE BOARD OF DIRECTORS AND TO HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, THE GOVERNING DOCUMENTS, AND ALL RELATED FINANCIAL AND POLICY INFORMATION IS KEPT IN THE ORGANIZATION'S CENTRAL FILE ROOM WITH THE BOOKS AND RECORDS, AND MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0775098
IRS990/TotalAssetsEOYAmt0767597
IRS990/TotalAssetsGrp/BOYAmt0775098
IRS990/TotalAssetsGrp/EOYAmt0767597
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0110896
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031520
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130914
IRS990/TotalFunctionalExpensesGrp/TotalAmt0162434
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01571840
IRS990/TotalLiabilitiesEOYAmt01574525
IRS990/TotalLiabilitiesGrp/BOYAmt01571840
IRS990/TotalLiabilitiesGrp/EOYAmt01574525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-796742
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-806928
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0130914
IRS990/TotalProgramServiceRevenueAmt040995
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0357
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040995
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0152248
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0775098
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0767597
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-796742
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-806928
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02102 AILEEN CT
IRS990/USAddress/CityNm0HIGH POINT
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027265
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY NORCOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03366441262
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THP HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0THPH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$767,597
Liabilities
$1,574,525
Net assets
-$806,928
Revenue
$152,248
Expenses
$162,434
Net income
-$10,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$1.63$0.94$0.18$0.23$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$1.57$0.89$0.17$0.20$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$1.57$0.86$0.17$0.20$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.57$0.84$0.17$0.18$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$1.57$0.83$0.15$0.16$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$1.57$0.81$0.15$0.16$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.77$1.57$0.81$0.15$0.16$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$1.57$0.80$0.13$0.18$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$1.58$0.75$0.13$0.18$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.88$1.57$0.69$0.15$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.93$1.57$0.64$0.15$0.18$0.03
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$1.58$0.61$0.13$0.16$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$1.57$0.58$0.17
2011Summary only. Only limited summary data is available for this year.$1.03$1.58$0.55$0.14$0.18$0.04