Civic Intelligence

East Carolina Community Development Inc.

990 • Fiscal year 2021 • EIN 56-1909969

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 27, 2022

Organization ProfileWWW.ECCDI.COM

View Organization Page

PO Box 2400Beaufort, NC 28516

(252) 504-3996

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.57x

Higher debt load relative to assets than 43% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

4.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

36th percentile

-0.7%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

65th percentile

$294,390

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

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

Asset Growth

62nd percentile

2.5%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$21,533,184

Up $520,411 (+2.5%) from 2020

Net Assets

Down

$9,223,819

Down $100,276 (-1.1%) from 2020

Liabilities

Up

$12,309,365

Up $620,687 (+5.3%) from 2020

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin36th percentile

Revenue

Down

$3,072,433

Down $609,492 (-17%) from 2020

Expenses

Down

$3,094,027

Down $580,483 (-16%) from 2020

Net Income

Down

-$21,594

Down $29,009 (-391%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$40M$30M$20M$10M$0Assets 2011: $13,393,490Liabilities 2011: $7,712,669Net Assets 2011: $5,680,8212011Assets 2012: $14,178,846Liabilities 2012: $7,585,431Net Assets 2012: $6,593,4152012Assets 2013: $14,291,508Liabilities 2013: $7,946,987Net Assets 2013: $6,344,5212013Assets 2014: $13,533,958Liabilities 2014: $7,770,113Net Assets 2014: $5,763,8452014Assets 2015: $12,680,282Liabilities 2015: $6,435,899Net Assets 2015: $6,244,3832015Assets 2016: $13,258,382Liabilities 2016: $7,190,786Net Assets 2016: $6,067,5962016Assets 2017: $15,643,937Liabilities 2017: $8,126,320Net Assets 2017: $7,517,6172017Assets 2018: $12,682,891Liabilities 2018: $6,788,196Net Assets 2018: $5,894,6952018Assets 2019: $20,757,661Liabilities 2019: $11,072,161Net Assets 2019: $9,685,5002019Assets 2020: $21,012,773Liabilities 2020: $11,688,678Net Assets 2020: $9,324,0952020Assets 2021: $21,533,184Liabilities 2021: $12,309,365Net Assets 2021: $9,223,8192021Assets 2022: $21,056,335Liabilities 2022: $12,347,449Net Assets 2022: $8,708,8862022Assets 2023: $28,723,511Liabilities 2023: $16,284,942Net Assets 2023: $12,438,5692023Assets 2024: $37,594,034Liabilities 2024: $22,747,291Net Assets 2024: $14,846,7432024

Highlighted filing

2021

Assets$21,533,184
Liabilities$12,309,365
Net Assets$9,223,819
Open 2021 Filing

Operations Trend

Revenue Growth15th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,332,002Expenses 2011: $1,688,257Net Income 2011: $643,7452011Revenue 2012: $2,737,109Expenses 2012: $1,814,211Net Income 2012: $922,8982012Revenue 2013: $1,505,275Expenses 2013: $1,754,169Net Income 2013: -$248,8942013Revenue 2014: $999,326Expenses 2014: $1,580,002Net Income 2014: -$580,6762014Revenue 2015: $1,821,247Expenses 2015: $1,340,709Net Income 2015: $480,5382015Revenue 2016: $1,133,642Expenses 2016: $1,310,429Net Income 2016: -$176,7872016Revenue 2017: $1,288,756Expenses 2017: $1,486,227Net Income 2017: -$197,4712017Revenue 2018: $1,249,961Expenses 2018: $1,436,124Net Income 2018: -$186,1632018Revenue 2019: $2,401,417Expenses 2019: $2,399,023Net Income 2019: $2,3942019Revenue 2020: $3,681,925Expenses 2020: $3,674,510Net Income 2020: $7,4152020Revenue 2021: $3,072,433Expenses 2021: $3,094,027Net Income 2021: -$21,5942021Revenue 2022: $2,164,588Expenses 2022: $2,596,811Net Income 2022: -$432,2232022Revenue 2023: $3,018,625Expenses 2023: $3,470,884Net Income 2023: -$452,2592023Revenue 2024: $4,672,865Expenses 2024: $5,882,486Net Income 2024: -$1,209,6212024

Highlighted filing

2021

Revenue$3,072,433
Expenses$3,094,027
Net Income-$21,594
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 27, 2022
Return Version
2020v4.2
Gross Receipts
$3,072,433
Mission and Program Overview

Mission

To improve and enhance the standard of living of the people of north carolina by promoting small business development and developing affordable housing within its service area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,657,094$13,132,123▼ $524,971
Savings and Temporary Cash Investments$1,114,310$1,533,823▲ $419,513
Other Notes and Loans Receivable, Net$753,024$703,372▼ $49,652
Cash and Non-Interest-Bearing Accounts$699,936$454,750▼ $245,186
Accounts Receivable$326,308$370,517▲ $44,209
Prepaid Expenses and Deferred Charges$113,211$80,902▼ $32,309
Total Assets$21,012,773$21,533,184▲ $520,411
Other Assets Total$4,348,890$5,257,697▲ $908,807
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,100,156$11,671,547▲ $571,391
Accounts Payable and Accrued Expenses$559,926$482,558▼ $77,368
Other Liabilities$28,596$155,260▲ $126,664
Total Liabilities$11,688,678$12,309,365▲ $620,687
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,550,241$5,550,241→ $0
Net Assets Without Donor Restrictions$3,773,854$3,673,578▼ $100,276
Total Net Assets Fund Balance$9,324,095$9,223,819▼ $100,276
Total Liabilities and Net Assets / Fund Balance$21,012,773$21,533,184▲ $520,411

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,174,982$2,793,646$12,968,628
Land$2,129,059-$2,129,059
Other Land Buildings$791,013$606,578$1,397,591
Equipment$37,069$409,437$446,506
Other Assets Org$250,521--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith D WalkerCEO & PresidentFT$260,129$34,261$294,390
Lynda E LandCFOFT$94,441$13,792$108,233

Board Members and Trustees

NameTitle
Robert CampbellChairman
Amber K SmithDirector
Brian FikeDirector
Peter CrumleyDirector
Sandy Hewitt-giacobbiDirector
Tyisha TeelDirector
David NatemanSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,048,756
Investment Income
$23,677
Other Revenue
$0
Change in Net Assets
$-21,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,713,229
Salaries, Compensation, and Employee Benefits$1,380,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$720,959--$720,959
Depreciation Depletion$528,705--$528,705
Current Officers, Directors, Trustees, and Key Employees$337,480$158,668-$496,148
Occupancy$174,410--$174,410
Interest$159,993--$159,993
Insurance$158,505--$158,505
Fees for Services Accounting$104,054--$104,054
Payroll Taxes$97,856--$97,856
Fees for Services Legal$91,561--$91,561
Office Expenses$84,740--$84,740
Other Employee Benefits$65,835--$65,835
All Other Expenses$27,955$3,284-$31,239
Travel$13,744--$13,744
Other Expenses$9,438--$9,438
Advertising$1,593--$1,593
Total Functional Expenses$2,932,075$161,952$0$3,094,027
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
Due to Related Parties$131,766
Loans From Shareholders$23,494
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The cfo and outside accountants review the form 990 with both the executive committee and the full board and entertain any questions at a board meeting. Once all questions have been resolved, a motion will be requested for approval of the form 990.”

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

“All board members and key employees are required to submit a conflict of interest questionnaire annually stating potential conflicts of interest. If there is a potential conflict of interest the executive director or, where applicable, chairman of the board shall take such action as is necessary to assure that the transaction is completed in the best interest of east carolina community development inc, without the substantive involvement of the person who has possible conflicts of interest. Board members and key employees are also asked to disclose any potential conflicts of interest at every board meeting.”

Form 990, Part VI, Section B, Line 15

“Compensation for the ceo is reviewed by the board of directors every three years and by the executive committee on an annual basis. The executive committee uses relevant market data to ensure that the ceo's compensation is comparable to other similar organizations.”

Form 990, Part VI, Section C, Line 19

“The organization reports unaudited financial statements on its website. All other governing or reporting documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
East Carolina Community
EIN
56-1909969
Phone
2525043996
Address
PO BOX 2400, BEAUFORT, NC 28516

Signing Officer

Name
Keith D Walker
Title
CEO & President
Phone
2525043996
Signed
2022-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith D Walker
Formed
1995
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
6

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Greta G Meads
Phone
3362944494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Income reported on audited financial statements but on other tax returns -78,682.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior years.”

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 the year ended june 30, 2021 and 2020.”

Raw XML AppendixShowing 400 of 830 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/OtherExpensesGrp/ProgramServicesAmt0259422
IRS990/OtherExpensesGrp/ProgramServicesAmt184503
IRS990/OtherExpensesGrp/ProgramServicesAmt211322
IRS990/OtherExpensesGrp/ProgramServicesAmt39438
IRS990/OtherExpensesGrp/TotalAmt0259422
IRS990/OtherExpensesGrp/TotalAmt184503
IRS990/OtherExpensesGrp/TotalAmt211322
IRS990/OtherExpensesGrp/TotalAmt39438
IRS990/OtherLiabilitiesGrp/BOYAmt028596
IRS990/OtherLiabilitiesGrp/EOYAmt0155260
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0720959
IRS990/OtherSalariesAndWagesGrp/TotalAmt0720959
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0753024
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0703372
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt097856
IRS990/PayrollTaxesGrp/TotalAmt097856
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0113211
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080902
IRS990/PrincipalOfficerNm0KEITH D WALKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2PAYROLL REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01328595
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11043555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2366798
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3181927
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4125481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01330995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11043555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2366798
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3181927
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4125481
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERMEDIARY RELENDING PROGRAM - TO PROVIDE LOAN CAPITAL TO BUSINESSES LOCATED IN RURAL NORTH CAROLINA THROUGH A CONTRACTUAL AGREEMENT WITH THE USDA RURAL DEVELOPMENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09855
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0501
IRS990/ProgSrvcAccomActy3Grp/Desc0MANAGEMENT AND OWNERSHIP IN RENTAL OPERATIONS OF PARACHUTE MANAGEMENT COMPANY, LLC, AN AFFORDABLE HOUSING PROJECT WITH 16 LIHTC COMMUNITIES ACROSS EASTERN NORTH CAROLINA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0773090
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01404239
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DEVELOPMENT AND OWNERSHIP IN RENTAL OPERATIONS OF MEADOW'S GATE, LLC, AN AFFORDABLE HOUSING PROJECT UTILIZING SECTION 1602 TAX CREDIT EXCHANGE FUNDS THROUGH NCHFA.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1DEVELOPMENT AND OWNERSHIP IN RENTAL OPERATIONS OF COMPASS POINTE AT MEADOWS GATE, LLC, AN EIGHT UNIT PROJECT FOR VETERAN SUPPORTIVE HOUSING
IRS990/ProgSrvcAccomActyOtherGrp/Desc2INVESTMENT CORPORATIONS HOLDING GENERAL PARTNERSHIP INTERESTS IN AFFORDABLE HOUSING PROJECTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0601593
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt164825
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt2836192
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0492471
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt146557
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt2803898
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt033720
IRS990/PYOtherExpensesAmt01806721
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03629205
IRS990/PYRevenuesLessExpensesAmt07415
IRS990/PYSalariesCompEmpBnftPaidAmt01867789
IRS990/PYTotalExpensesAmt03674510
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03681925
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-21594
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0298690
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01114310
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01533823
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt069000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt023677
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033720
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt036589
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037737
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt047729
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0179452
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03046356
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03624405
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02644388
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01192224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01231027
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011738400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023677
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt033720
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037737
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt047729
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0179452
IRS990ScheduleA/InvestmentIncomeCYPct00.01500
IRS990ScheduleA/InvestmentIncomePYPct00.00920
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02400
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02400
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.52500
IRS990ScheduleA/PublicSupportPY509Pct00.27650
IRS990ScheduleA/PublicSupportTotal509Amt06297073
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt02352145
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01727543
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0417285
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0542331
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0471023
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt05510327
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt02352145
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01727543
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0417285
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0542331
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0471023
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt05510327
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03046356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03643405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02664388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01212224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01241027
IRS990ScheduleA/Total509Grp/TotalAmt011807400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03072433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03679525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02703377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01249961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01288756
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011994052
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010174982
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02793646
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012968628
IRS990ScheduleD/EquipmentGrp/BookValueAmt037069
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0409437
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0446506
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02129059
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02129059
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018708
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11675000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2654496
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt480070
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt52578602
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6250521
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPMENT SITE COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REAL ESTATE HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED DEVELOPMENT ADVANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4INVESTMENTS IN LIMITED PARTNERSHIPS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0791013
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0606578
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01397591
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1131766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOANS FROM SHAREHOLDERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT 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 THE YEAR ENDED JUNE 30, 2021 AND 2020.

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Filings

Displayed year

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

Open filing
Assets
$21,533,184
Liabilities
$12,309,365
Net assets
$9,223,819
Revenue
$3,072,433
Expenses
$3,094,027
Net income
-$21,594
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.6$22.7$14.8$4.67$5.88$1.21
2023Detailed filing. Detailed filing data is available for this year.$28.7$16.3$12.4$3.02$3.47$0.45
2022Detailed filing. Detailed filing data is available for this year.$21.1$12.3$8.71$2.16$2.60$0.43
2021Detailed filing. Detailed filing data is available for this year.$21.5$12.3$9.22$3.07$3.09$0.02
2020Detailed filing. Detailed filing data is available for this year.$21.0$11.7$9.32$3.68$3.67$0.01
2019Detailed filing. Detailed filing data is available for this year.$20.8$11.1$9.69$2.40$2.40$0.00
2018Detailed filing. Detailed filing data is available for this year.$12.7$6.79$5.89$1.25$1.44$0.19
2017Detailed filing. Detailed filing data is available for this year.$15.6$8.13$7.52$1.29$1.49$0.20
2016Detailed filing. Detailed filing data is available for this year.$13.3$7.19$6.07$1.13$1.31$0.18
2015Detailed filing. Detailed filing data is available for this year.$12.7$6.44$6.24$1.82$1.34$0.48
2014Detailed filing. Detailed filing data is available for this year.$13.5$7.77$5.76$1.00$1.58$0.58
2013Summary only. Only limited summary data is available for this year.$14.3$7.95$6.34$1.51$1.75$0.25
2012Summary only. Only limited summary data is available for this year.$14.2$7.59$6.59$2.74$1.81$0.92
2011Summary only. Only limited summary data is available for this year.$13.4$7.71$5.68$2.33$1.69$0.64