Civic Intelligence

Ncal Winston Salem

EIN 56-2082475 • 501(c)3 • Winstonsalem, NC

Profile

Provide assisted living facilities for low income elderly individuals.

750 Bethesda RoadWinstonsalem, NC 27103

nchsm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $2,718,069 (-100%) from 2015

Liabilities

Down

$0

Down $3,548,639 (-100%) from 2015

Net Assets

Up

$0

Up $830,570 (+100%) from 2015

Revenue

Down

$1,214,478

Down $274,742 (-18%) from 2015

Expenses

Down

$654,305

Down $745,894 (-53%) from 2015

Net Income

Up

$560,173

Up $471,152 (+529%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $3,186,824Liabilities 2011: $3,935,857Net Assets 2011: -$749,0332011Assets 2012: $3,086,937Liabilities 2012: $3,900,357Net Assets 2012: -$813,4202012Assets 2013: $2,843,340Liabilities 2013: $3,867,434Net Assets 2013: -$1,024,0942013Assets 2014: $2,858,433Liabilities 2014: $3,778,024Net Assets 2014: -$919,5912014Assets 2015: $2,718,069Liabilities 2015: $3,548,639Net Assets 2015: -$830,5702015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,253,742Expenses 2011: $1,313,175Net Income 2011: -$59,4332011Revenue 2012: $1,263,344Expenses 2012: $1,327,731Net Income 2012: -$64,3872012Revenue 2013: $1,388,570Expenses 2013: $1,599,244Net Income 2013: -$210,6742013Revenue 2014: $1,469,363Expenses 2014: $1,364,860Net Income 2014: $104,5032014Revenue 2015: $1,489,220Expenses 2015: $1,400,199Net Income 2015: $89,0212015Revenue 2016: $1,214,478Expenses 2016: $654,305Net Income 2016: $560,1732016

Highlighted filing

2016

Revenue$1,214,478
Expenses$654,305
Net Income$560,173

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$4,154,519
Mission and Program Overview

Mission

Provide assisted living facilities for low income elderly individuals.

To provide residential assisted living for principally low income elderly individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,359,753$0▼ $2,359,753
Savings and Temporary Cash Investments$141,687$0▼ $141,687
Cash and Non-Interest-Bearing Accounts$82,713$0▼ $82,713
Intangible Assets$61,197$0▼ $61,197
Prepaid Expenses and Deferred Charges$30,495$0▼ $30,495
Accounts Receivable$27,815$0▼ $27,815
Inventories for Sale or Use$9,838$0▼ $9,838
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$2,718,069$0▼ $2,718,069
Other Assets Total$4,571$0▼ $4,571
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,325,292--
Other Liabilities$152,269$0▼ $152,269
Accounts Payable and Accrued Expenses$71,078--
Total Liabilities$3,548,639$0▼ $3,548,639
Net Assets / Fund Balance
Unrestricted Net Assets$-830,570$0▲ $830,570
Total Net Assets Fund Balance$-830,570$0▲ $830,570
Total Liabilities and Net Assets / Fund Balance$2,718,069$0▼ $2,718,069
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig PeatrossPresident
Joycelyn V JohnsonVice President
Bill BoardDirector
Dr Frank S CelestinoDirector
John NicholsAsst. Secretary/asst. VP
Mallory OatesSecretary
Tammy VernonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$29,019
Investment Income
$1,185,459
Other Revenue
$0
Change in Net Assets
$560,173
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$654,305
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
Fees for Services Legal$97,161--$97,161
Insurance$34,145--$34,145
All Other Expenses$17,578$2,182-$19,760
Office Expenses$16,814--$16,814
Fees for Services Accounting-$12,172-$12,172
Other Expenses$10,512--$10,512
Occupancy$4,787--$4,787
Fees for Services Management$1,915--$1,915
Depreciation Depletion$137--$137
Interest$11--$11
Total Functional Expenses$639,951$14,354$0$654,305
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 3

Property is managed by salem senior housing under agreement with north carolina housing foundation, owner.

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the director of finance of the management company and signed by the assistant vice president of the owner. Both individuals report to the board of directors (governing body).

Form 990, Part VI, Section C, Line 19

The organization has no written conflict of interest policy. Governing documents, financial statements and other pertinent information are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ncal - Winston Salem
EIN
56-2082475
Phone
3367653906
Address
750 BETHESDA ROAD, WINSTONSALEM, NC 27103
Doing Business As
Somerset Court at University Place

Signing Officer

Name
John Nichols
Title
Assistant Vice President
Phone
3367653906
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Nichols
Formed
1998
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

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 XI, LINE 9:

Corporate dissolution 270,397.

Raw XML AppendixShowing 400 of 675 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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01263344
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05640031
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd00
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc06635 E. FIFTH STREET, WINSTON-SALEM, NORTH CAROLINA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0UNIVERSITY SIP 2 LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02015-07-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0473652058
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt04125500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0SALE PRICE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01270 25TH STREET PLACE SE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0HICKORY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd028602
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPERTY IS MANAGED BY SALEM SENIOR HOUSING UNDER AGREEMENT WITH NORTH CAROLINA HOUSING FOUNDATION, OWNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE OF THE MANAGEMENT COMPANY AND SIGNED BY THE ASSISTANT VICE PRESIDENT OF THE OWNER. BOTH INDIVIDUALS REPORT TO THE BOARD OF DIRECTORS (GOVERNING BODY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO WRITTEN CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER PERTINENT INFORMATION ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATE DISSOLUTION 270,397.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTH CAROLINA HOUSING FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1GOLER PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2GLADSTONE HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3GRANVILLE PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4GRANVILLE PLAZA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5HUNTERS HILL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6KORNER HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7LEGACY PLACE OF CATAWBA VALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8MOCK PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9MOUNTAIN PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10TYRO SCHOOL APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11EAST SALEM APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12EAST SALEM HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13VHVH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14MILLBROOK HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15NCAL - MOCKSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16NCAL - CHERRYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17NCAL - ROCKY MOUNT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18NCAL - BOND PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19EAST 5TH STREET APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20COMMONS OF FORSYTH COUNTY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt21NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22NORTH WING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560929051
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1202069681
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2582168448
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3581348601
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4582004370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5263202574
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6581394455
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7200724481
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN8581478146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN9582024187
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN10800368717
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN11550824558
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN12581366719
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN13275554898
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN14561983872
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN15861068239
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN16562082472
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN17562082473
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN18562094942
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN19450705485
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN20460961990
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN21562087570
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN22455043940
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)

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