Civic Intelligence

Macgregor Housing Development Corporation

990 • Fiscal year 2013 • EIN 56-2237995

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 13, 2014

Organization ProfileN/A
113 South Wilmington Street27601

(336) 765-0424

Siviq Scores

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

Liabilities / Assets

78th percentile

1.27x

Higher debt load relative to assets than 78% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

87th percentile

13.16x

Higher debt load relative to revenue than 87% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Net Margin

25th percentile

-28%

Higher net margin than 25% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

78th percentile

$165,112

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 98.0% of source-year revenue.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Asset Growth

31st percentile

-3.4%

Faster asset growth than 31% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$1,740,188

Down $60,525 (-3.4%) from 2012

Net Assets

Down

-$476,690

Down $47,716 (-11%) from 2012

Liabilities

Down

$2,216,878

Down $12,809 (-0.6%) from 2012

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin25th percentile

Revenue

$168,489

No earlier filing loaded for comparison.

Expenses

Up

$216,205

Up $25,720 (+14%) from 2012

Net Income

-$47,716

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,923,517Liabilities 2010: $2,255,228Net Assets 2010: -$331,7112010Assets 2011: $1,851,752Liabilities 2011: $2,241,200Net Assets 2011: -$389,4482011Assets 2012: $1,800,713Liabilities 2012: $2,229,687Net Assets 2012: -$428,9742012Assets 2013: $1,740,188Liabilities 2013: $2,216,878Net Assets 2013: -$476,6902013Assets 2014: $1,675,502Liabilities 2014: $2,203,934Net Assets 2014: -$528,4322014Assets 2015: $1,631,492Liabilities 2015: $2,193,160Net Assets 2015: -$561,6682015Assets 2016: $1,584,395Liabilities 2016: $2,184,189Net Assets 2016: -$599,7942016Assets 2017: $1,509,865Liabilities 2017: $2,167,415Net Assets 2017: -$657,5502017Assets 2018: $1,459,659Liabilities 2018: $2,157,724Net Assets 2018: -$698,0652018Assets 2019: $1,415,485Liabilities 2019: $2,148,987Net Assets 2019: -$733,5022019Assets 2020: $1,388,826Liabilities 2020: $2,148,581Net Assets 2020: -$759,7552020Assets 2021: $1,372,903Liabilities 2021: $2,141,367Net Assets 2021: -$768,4642021Assets 2022: $1,364,626Liabilities 2022: $2,173,349Net Assets 2022: -$808,7232022Assets 2023: $1,280,421Liabilities 2023: $2,081,407Net Assets 2023: -$800,9862023Assets 2024: $1,255,868Liabilities 2024: $2,078,339Net Assets 2024: -$822,4712024

Highlighted filing

2013

Assets$1,740,188
Liabilities$2,216,878
Net Assets-$476,690
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KExpenses 2010: $197,9532010Expenses 2011: $208,3952011Expenses 2012: $190,4852012Revenue 2013: $168,489Expenses 2013: $216,205Net Income 2013: -$47,7162013Revenue 2014: $169,860Expenses 2014: $221,602Net Income 2014: -$51,7422014Revenue 2015: $170,929Expenses 2015: $204,165Net Income 2015: -$33,2362015Revenue 2016: $173,458Expenses 2016: $211,584Net Income 2016: -$38,1262016Revenue 2017: $187,338Expenses 2017: $245,094Net Income 2017: -$57,7562017Revenue 2018: $182,574Expenses 2018: $223,089Net Income 2018: -$40,5152018Revenue 2019: $188,352Expenses 2019: $223,789Net Income 2019: -$35,4372019Revenue 2020: $197,226Expenses 2020: $223,479Net Income 2020: -$26,2532020Revenue 2021: $230,650Expenses 2021: $239,359Net Income 2021: -$8,7092021Revenue 2022: $181,682Expenses 2022: $221,941Net Income 2022: -$40,2592022Revenue 2023: $213,197Expenses 2023: $205,460Net Income 2023: $7,7372023Revenue 2024: $219,798Expenses 2024: $241,283Net Income 2024: -$21,4852024

Highlighted filing

2013

Revenue$168,489
Expenses$216,205
Net Income-$47,716
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 13, 2014
Return Version
2013v3.0
Gross Receipts
$170,103
Mission and Program Overview

Mission

The organization provides apartments to low-income households in pitt county with preference to victims of hurricane floyd.

To develop, construct, own, and operate a low income housing complex in pitt county, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,580,742$1,524,783▼ $55,959
Cash and Non-Interest-Bearing Accounts$168,625$152,961▼ $15,664
Savings and Temporary Cash Investments$41,297$51,796▲ $10,499
Prepaid Expenses and Deferred Charges$3,420$3,991▲ $571
Accounts Receivable$1,812$2,016▲ $204
Total Assets$1,800,713$1,740,188▼ $60,525
Other Assets Total$4,817$4,641▼ $176
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,196,620$2,182,520▼ $14,100
Accounts Payable and Accrued Expenses$20,463$21,020▲ $557
Other Liabilities$12,604$13,338▲ $734
Total Liabilities$2,229,687$2,216,878▼ $12,809
Net Assets / Fund Balance
Unrestricted Net Assets$-428,974$-476,690▼ $47,716
Total Net Assets Fund Balance$-428,974$-476,690▼ $47,716
Total Liabilities and Net Assets / Fund Balance$1,800,713$1,740,188▼ $60,525

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,329,556$533,405-
Land$147,030--
Equipment$1,393$84,251-
Leasehold Improvements$46,804$60,684-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Sharon LordenTreasurer$127,123$127,123
Natalie B ConnellVP Rental Development$117,320$117,320
Drew RobinsonVP Homeownership Initiativ$95,436$95,436
Shelia PorterAssistant Secretary$91,046$91,046
Saundra HarperSecretary$80,043$80,043

Board Members and Trustees

NameTitle
Gregory F WarrenPresident
Angela ConnorBoard Member
Dr Norman CampBoard Member
Gary BlumBoard Member
Kevin HarrisBoard Member
Roland GammonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$169,544
Investment Income
$-1,055
Other Revenue
$0
Change in Net Assets
$-47,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$168,489
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,614
Total Revenue per Audited Statements
$170,103
Total Revenue per Form 990
$168,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,813
Salaries, Compensation, and Employee Benefits$23,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$68,040--$68,040
Depreciation Depletion$59,670--$59,670
Other Salaries and Wages-$18,750-$18,750
All Other Expenses-$10,292-$10,292
Other Expenses$9,082$10,436-$9,082
Payroll Taxes-$3,313-$3,313
Office Expenses-$2,137-$2,137
Interest$1,440--$1,440
Other Employee Benefits-$1,329-$1,329
Total Functional Expenses$169,948$46,257$0$216,205

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$217,819
Expenses per Audited Statements$216,205
Total Expenses per Form 990$216,205
Expenses Not Reported on Form 990$1,614
Expenses Not Reported on Financial Statements$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$12,461
Prepaid Rent$877
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 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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“A rental management company manages the day to day operations of the apartment complex, personnel supervision, planning and executing budgets.”

Form 990, Part VI, Section A, Line 7A

“The board of dhic has the ability to elect one or more of the board members of the organization.”

Form 990, Part VI, Section B, Line 11

“A draft of form 990 is provided either by email or hard copy to the members of the finance and audit committee for review before finalizing.”

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

“The organization periodically reviews the written conflict of interest policy. The organization asks board members to disclose any conflicts to the executive director and at board meetings.”

Form 990, Part VI, Section B, Line 15

“The organization's officers are paid through dhic which has its own compensation policies.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and conflict of interest policy is available upon request. The financial statements are also available upon request and on guidestar. Form 990 is available upon request and on guidestar.”

Filing and Contact Details

Filer

EIN
56-2237995
Phone
3367650424

Signing Officer

Name
Gregg Warren
Title
President
Phone
3367650424
Signed
2014-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregg Warren
Formed
2001
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Kevin Rayfield
Phone
3368895156
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No change in the process from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The corporation had determined that it does not have any material unrecognized tax benefits or obligations as of december 31, 2012. Fiscal years ending on or after december 31, 2009 remain subject to examination by federal and state tax authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss from disposition of fixed assets included in part viii 1,614.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss from disposition of fixed assets included in part viii 1,614.”

Raw XML AppendixShowing 400 of 898 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/BOYAmt020463
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021020
IRS990/AccountsReceivableGrp/BOYAmt01812
IRS990/AccountsReceivableGrp/EOYAmt02016
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DEVELOP, CONSTRUCT, OWN, AND OPERATE A LOW INCOME HOUSING COMPLEX IN PITT COUNTY, NC.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt010292
IRS990/AllOtherExpensesGrp/TotalAmt010292
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10LAURA GRIMES COMMUNITY MGMT CORP
IRS990/BooksInCareOfDetail/PhoneNum03367650424
IRS990/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 25168
IRS990/BooksInCareOfDetail/USAddress/City0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/State0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode0271145168
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0168625
IRS990/CashNonInterestBearingGrp/EOYAmt0152961
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-1055
IRS990/CYOtherExpensesAmt0192813
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0169544
IRS990/CYRevenuesLessExpensesAmt0-47716
IRS990/CYSalariesCompEmpBnftPaidAmt023392
IRS990/CYTotalExpensesAmt0216205
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0168489
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt059670
IRS990/DepreciationDepletionGrp/TotalAmt059670
IRS990/Desc0THE ORGANIZATION PROVIDES APARTMENTS TO LOW-INCOME HOUSEHOLDS IN PITT COUNTY WITH PREFERENCE TO VICTIMS OF HURRICANE FLOYD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0169948
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt515992
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613372
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt712818
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt811709
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt911180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1011531
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY BLUM
IRS990/Form990PartVIISectionAGrp/PersonNm1DR NORMAN CAMP
IRS990/Form990PartVIISectionAGrp/PersonNm2ROLAND GAMMON
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm4ANGELA CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm5GREGORY F WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm6SHARON LORDEN
IRS990/Form990PartVIISectionAGrp/PersonNm7NATALIE B CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm8DREW ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm9SAUNDRA HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm10SHELIA PORTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5149120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6113751
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7104502
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt883727
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt968863
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1079515
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP RENTAL DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP HOMEOWNERSHIP INITIATIV
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1614
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0170103
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt01440
IRS990/InterestGrp/TotalAmt01440
IRS990/InvestmentIncomeGrp/ExclusionAmt0559
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0559
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0678340
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01580742
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01524783
IRS990/LandBldgEquipCostOrOtherBssAmt02203123
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01614
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROVIDES APARTMENTS TO LOW-INCOME HOUSEHOLDS IN PITT COUNTY WITH PREFERENCE TO VICTIMS OF HURRICANE FLOYD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02196620
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02182520
IRS990/NetAssetsOrFundBalancesBOYAmt0-428974
IRS990/NetAssetsOrFundBalancesEOYAmt0-476690
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1614
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1614
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt068040
IRS990/OccupancyGrp/TotalAmt068040
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02137
IRS990/OfficeExpensesGrp/TotalAmt02137
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04817
IRS990/OtherAssetsTotalGrp/EOYAmt04641
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01329
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01329
IRS990/OtherExpensesGrp/Desc0MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc1ASSET MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3OTHER TAXES & INSURANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010436
IRS990/OtherExpensesGrp/ProgramServicesAmt016716
IRS990/OtherExpensesGrp/ProgramServicesAmt115000
IRS990/OtherExpensesGrp/ProgramServicesAmt29082
IRS990/OtherExpensesGrp/TotalAmt016716
IRS990/OtherExpensesGrp/TotalAmt115000
IRS990/OtherExpensesGrp/TotalAmt210436
IRS990/OtherExpensesGrp/TotalAmt39082
IRS990/OtherLiabilitiesGrp/BOYAmt012604
IRS990/OtherLiabilitiesGrp/EOYAmt013338
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018750
IRS990/OtherSalariesAndWagesGrp/TotalAmt018750
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03313
IRS990/PayrollTaxesGrp/TotalAmt03313
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03420
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03991
IRS990/PrincipalOfficerNm0GREGG WARREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0161310
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18234
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0161310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18234
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-16927
IRS990/PYOtherExpensesAmt0167589
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0167886
IRS990/PYRevenuesLessExpensesAmt0-39526
IRS990/PYSalariesCompEmpBnftPaidAmt022896
IRS990/PYTotalExpensesAmt0190485
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0150959
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-47716
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0169544
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041297
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051796
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0559
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0658
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01196
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02894
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0161310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0161871
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0152870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0154799
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0153452
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0784302
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt08234
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt06015
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt08492
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt08585
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt04700
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt036026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0559
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0658
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06996
IRS990ScheduleA/InvestmentIncomeCYPct00.00850
IRS990ScheduleA/InvestmentIncomePYPct00.01620
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99150
IRS990ScheduleA/PublicSupportPY509Pct00.98380
IRS990ScheduleA/PublicSupportTotal509Amt0820328
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0169544
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0167886
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0161362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0163384
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0158152
IRS990ScheduleA/Total509Grp/TotalAmt0820328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0168544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0162558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0165073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0161046
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0827324
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01329556
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0533405
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01862961
IRS990ScheduleD/EquipmentGrp/BookValueAmt01393
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084251
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt085644
IRS990ScheduleD/ExpensesNotReportedAmt01614
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0216205
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0147030
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0147030
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt046804
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt060684
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0107488
IRS990ScheduleD/OtherExpensesIncludedAmt01614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherRevenueAmt01614
IRS990ScheduleD/RevenueNotReportedAmt01614
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0168489
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE CORPORATION HAD DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2012. FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS FROM DISPOSITION OF FIXED ASSETS INCLUDED IN PART VIII 1,614.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS FROM DISPOSITION OF FIXED ASSETS INCLUDED IN PART VIII 1,614.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01524783
IRS990ScheduleD/TotalExpensesPerForm990Amt0216205
IRS990ScheduleD/TotalLiabilityAmt013338
IRS990ScheduleD/TotalRevenuePerForm990Amt0168489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0170103
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0217819
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0149005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015992
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREGORY F WARREN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0165112
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0NONE OF THE BENEFITS WERE PROVIDED.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A RENTAL MANAGEMENT COMPANY MANAGES THE DAY TO DAY OPERATIONS OF THE APARTMENT COMPLEX, PERSONNEL SUPERVISION, PLANNING AND EXECUTING BUDGETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DHIC HAS THE ABILITY TO ELECT ONE OR MORE OF THE BOARD MEMBERS OF THE ORGANIZATION.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,740,188
Liabilities
$2,216,878
Net assets
-$476,690
Revenue
$168,489
Expenses
$216,205
Net income
-$47,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$2.08$0.82$0.22$0.24$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.28$2.08$0.80$0.21$0.21$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.36$2.17$0.81$0.18$0.22$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.37$2.14$0.77$0.23$0.24$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.39$2.15$0.76$0.20$0.22$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.42$2.15$0.73$0.19$0.22$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.46$2.16$0.70$0.18$0.22$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.51$2.17$0.66$0.19$0.25$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.58$2.18$0.60$0.17$0.21$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.63$2.19$0.56$0.17$0.20$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.68$2.20$0.53$0.17$0.22$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.74$2.22$0.48$0.17$0.22$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$2.23$0.43$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$2.24$0.39$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$2.26$0.33$0.20