Civic Intelligence

Gmf-Preservation of Affordability Corp

EIN 56-2444917 • 501(c)3 • Cordova, TN

Profile

Develop and operate low-moderate income housing nationwide as a part of the parents charitable outreach/social services plan

65 Germantown CT 409Cordova, TN 38018

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.12x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

5.68x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

4th percentile

-72%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$98,787

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

2nd percentile

-35%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-65%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$56,421,307

Up $3,513,943 (+6.6%) from 2022

Liabilities

Up

$55,524,561

Up $342,168 (+0.6%) from 2022

Net Assets

Up

$896,746

Up $3,171,775 (+139%) from 2022

Operations
Liabilities / Revenue95th percentileNet Margin4th percentile

Revenue

Down

$20,242,196

Down $39,160,597 (-66%) from 2022

Expenses

Up

$17,154,262

Up $1,449,478 (+9.2%) from 2022

Net Income

Down

$3,087,934

Down $40,610,075 (-93%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$600M$400M$200M$0-$200MAssets 2011: $167,263,047Liabilities 2011: $169,135,094Net Assets 2011: -$1,872,0472011Assets 2012: $240,101,137Liabilities 2012: $243,721,280Net Assets 2012: -$3,620,1432012Assets 2013: $349,700,792Liabilities 2013: $357,081,865Net Assets 2013: -$7,381,0732013Assets 2014: $452,181,571Liabilities 2014: $464,283,624Net Assets 2014: -$12,102,0532014Assets 2015: $454,488,172Liabilities 2015: $488,428,150Net Assets 2015: -$33,939,9782015Assets 2016: $409,848,431Liabilities 2016: $458,947,547Net Assets 2016: -$49,099,1162016Assets 2017: $332,157,370Liabilities 2017: $370,739,455Net Assets 2017: -$38,582,0852017Assets 2018: $242,003,440Liabilities 2018: $291,001,934Net Assets 2018: -$48,998,4942018Assets 2019: $198,151,938Liabilities 2019: $248,174,097Net Assets 2019: -$50,022,1592019Assets 2020: $164,267,504Liabilities 2020: $221,911,470Net Assets 2020: -$57,643,9662020Assets 2021: $98,746,932Liabilities 2021: $144,719,970Net Assets 2021: -$45,973,0382021Assets 2022: $52,907,364Liabilities 2022: $55,182,393Net Assets 2022: -$2,275,0292022Assets 2023: $56,421,307Liabilities 2023: $55,524,561Net Assets 2023: $896,7462023

Highlighted filing

2023

Assets$56,421,307
Liabilities$55,524,561
Net Assets$896,746
Open 2023 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150M$100M$50M$0-$50MRevenue 2011: $25,707,053Expenses 2011: $27,444,715Net Income 2011: -$1,737,6622011Revenue 2012: $40,940,332Expenses 2012: $42,652,296Net Income 2012: -$1,711,9642012Revenue 2013: $61,689,852Expenses 2013: $65,340,046Net Income 2013: -$3,650,1942013Revenue 2014: $79,184,331Expenses 2014: $83,324,441Net Income 2014: -$4,140,1102014Revenue 2015: $83,564,762Expenses 2015: $92,716,799Net Income 2015: -$9,152,0372015Revenue 2016: $85,538,374Expenses 2016: $100,697,512Net Income 2016: -$15,159,1382016Revenue 2017: $120,376,774Expenses 2017: $109,187,998Net Income 2017: $11,188,7762017Revenue 2018: $104,726,527Expenses 2018: $115,335,490Net Income 2018: -$10,608,9632018Revenue 2019: $59,740,971Expenses 2019: $60,583,758Net Income 2019: -$842,7872019Revenue 2020: $49,111,075Expenses 2020: $56,732,882Net Income 2020: -$7,621,8072020Revenue 2021: $61,495,964Expenses 2021: $49,825,036Net Income 2021: $11,670,9282021Revenue 2022: $59,402,793Expenses 2022: $15,704,784Net Income 2022: $43,698,0092022Revenue 2023: $20,242,196Expenses 2023: $17,154,262Net Income 2023: $3,087,9342023

Highlighted filing

2023

Revenue$20,242,196
Expenses$17,154,262
Net Income$3,087,934
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$56,421,307
Liabilities
$55,524,561
Net assets
$896,746
Revenue
$20,242,196
Expenses
$17,154,262
Net income
$3,087,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$56.4$55.5$0.90$20.2$17.2$3.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.9$55.2$2.28$59.4$15.7$43.7
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.7$145$46.0$61.5$49.8$11.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$164$222$57.6$49.1$56.7$7.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$198$248$50.0$59.7$60.6$0.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$242$291$49.0$105$115$10.6
2017Summary only. Only limited summary data is available for this year.$332$371$38.6$120$109$11.2
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$410$459$49.1$85.5$101$15.2
2015Detailed filing. Detailed filing data is available for this year.$454$488$33.9$83.6$92.7$9.15
2014Summary only. Only limited summary data is available for this year.$452$464$12.1$79.2$83.3$4.14
2013Detailed filing. Detailed filing data is available for this year.$350$357$7.38$61.7$65.3$3.65
2012Summary only. Only limited summary data is available for this year.$240$244$3.62$40.9$42.7$1.71
2011Summary only. Only limited summary data is available for this year.$167$169$1.87$25.7$27.4$1.74
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$107,736,000
Mission and Program Overview

Mission

Develop and operate low-moderate income housing nationwide as a part of the parent's charitable outreach/social services plan

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$87,349,350$45,969,439▼ $41,379,911
Accounts Receivable$1,478,990$1,802,768▲ $323,778
Savings and Temporary Cash Investments$590,238$593,650▲ $3,412
Cash and Non-Interest-Bearing Accounts$519,714$358,209▼ $161,505
Prepaid Expenses and Deferred Charges$332,715$119,330▼ $213,385
Total Assets$98,746,932$52,907,364▼ $45,839,568
Other Assets Total$8,475,925$4,063,968▼ $4,411,957
Liabilities
Mortgage Notes Payable Secured by Investment Property$129,881,751$52,226,353▼ $77,655,398
Accounts Payable and Accrued Expenses$8,404,284$2,513,347▼ $5,890,937
Deferred Revenue$1,098,000--
Other Liabilities$5,335,935$442,693▼ $4,893,242
Total Liabilities$144,719,970$55,182,393▼ $89,537,577
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-45,973,038$-2,275,029▲ $43,698,009
Total Net Assets Fund Balance$-45,973,038$-2,275,029▲ $43,698,009
Total Liabilities and Net Assets / Fund Balance$98,746,932$52,907,364▼ $45,839,568

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,512,239$17,196,719$59,708,958
Land$3,457,200-$3,457,200
Other Assets Org$309,469--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Richard HamletPresident
Philip RobertsDirector
Thomas StovallDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Steeg Law FirmLegal201 ST CHARLES AVENUE SUITE 320, New Orleans, LA 70170$162,845
Revenue and Support

Revenue Composition

Contributions and Grants
$4,828,000
Program Service Revenue
$19,535,303
Investment Income
$35,039,490
Other Revenue
$0
Change in Net Assets
$43,698,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,719,392
Salaries, Compensation, and Employee Benefits$1,985,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$3,207,142$948-$3,208,090
Depreciation Depletion$2,354,343$3,513-$2,357,856
Other Salaries and Wages$1,807,490$34,615-$1,842,105
Insurance$1,683,580$34,232-$1,717,812
All Other Expenses$1,032,476$4,299-$1,036,775
Office Expenses$408,159$117,799-$525,958
Other Expenses$140,619$332,651-$473,270
Payroll Taxes$139,700$3,587-$143,287
Advertising$48,983--$48,983
Travel$25,914$1,940-$27,854
Fees for Services Management$16,025--$16,025
Total Functional Expenses$15,167,984$536,800$0$15,704,784
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
Lease Obligation$310,390
Tenant Security Deposits$132,303

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALa Government Environmental Facility2012-12-19$31,525,000Purchase multifamily housing known as parc fontaine apartments
BLouisiana Local Government2015-04-02$15,580,723Purchase multifamily housing known as bellemont apt. Project
CFinance Authority of New Orleans2014-11-10$11,750,000Purchase multifamily housing known as willows

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$31,525,000-$4,400,000$248,295
B$15,580,723-$1,230,000$169,605
C$11,750,000-$1,050,000$107,993

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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
No
Other officer compensation reviewed
No
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 A, Line 6

“The sole member of the organization is global ministries foundation.”

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

“The form 990 is prepared by an outside cpa firm and reviewed by the board before filing.”

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

“A copy of the conflict of interest policy is furnished to each officer and senior staff member that begins serving the organization.”

Form 990, Part VI, Section C, Line 19

“The organization's documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mof - Preservation of Affordability Corp
EIN
56-2444917
Phone
9016845556
Address
65 GERMANTOWN CT 409, CORDOVA, TN 38018

Signing Officer

Name
Richard Hamlet
Title
CEO
Phone
9016845556
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Hamlet
Formed
2004
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Frazee Ivy Davis Plc
Address
5100 POPLAR AVE STE 1400, MEMPHIS, TN 38137-1499
Preparer
J Slater Smithers CPA
Phone
9016851040
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Gmf recognizes the tax benefits of uncertain positions only where the position is "more likely than not" to be sustained assuming examination by tax authorities. Management has analyzed gmf's tax positions, and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on returns filed for open years, or expected to be taken in the company's 2022 tax return.”

Raw XML AppendixShowing 400 of 647 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/BOYAmt08404284
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02513347
IRS990/AccountsReceivableGrp/BOYAmt01478990
IRS990/AccountsReceivableGrp/EOYAmt01802768
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN
IRS990/AdvertisingGrp/ProgramServicesAmt048983
IRS990/AdvertisingGrp/TotalAmt048983
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04299
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01032476
IRS990/AllOtherExpensesGrp/TotalAmt01036775
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RICHARD L HAMLET
IRS990/BooksInCareOfDetail/PhoneNum09016845556
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt065 GERMANTOWN COURT STE 409
IRS990/BooksInCareOfDetail/USAddress/CityNm0CORDOVA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038018
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0519714
IRS990/CashNonInterestBearingGrp/EOYAmt0358209
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0162845
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0201 ST CHARLES AVENUE SUITE 320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW ORLEANS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0LA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd070170
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0STEEG LAW FIRM
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04828000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt035039490
IRS990/CYOtherExpensesAmt013719392
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt019535303
IRS990/CYRevenuesLessExpensesAmt043698009
IRS990/CYSalariesCompEmpBnftPaidAmt01985392
IRS990/CYTotalExpensesAmt015704784
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt059402793
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01098000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03513
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02354343
IRS990/DepreciationDepletionGrp/TotalAmt02357856
IRS990/Desc0THE ORGANIZATION OPERATED 10 LOW INCOME MULTIFAMILY HOUSING PROJECTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt015167984
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt016025
IRS990/FeesForServicesManagementGrp/TotalAmt016025
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt065000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD HAMLET
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILIP ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS STOVALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0397000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt035004136
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt083337343
IRS990/GrossReceiptsAmt0107736000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt034232
IRS990/InsuranceGrp/ProgramServicesAmt01683580
IRS990/InsuranceGrp/TotalAmt01717812
IRS990/InterestGrp/ManagementAndGeneralAmt0948
IRS990/InterestGrp/ProgramServicesAmt03207142
IRS990/InterestGrp/TotalAmt03208090
IRS990/InvestmentIncomeGrp/ExclusionAmt035354
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035354
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017196719
IRS990/LandBldgEquipBasisNetGrp/BOYAmt087349350
IRS990/LandBldgEquipBasisNetGrp/EOYAmt045969439
IRS990/LandBldgEquipCostOrOtherBssAmt063166158
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt048333207
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0129881751
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt052226353
IRS990/NetAssetsOrFundBalancesBOYAmt0-45973038
IRS990/NetAssetsOrFundBalancesEOYAmt0-2275029
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt035004136
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt035004136
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-45973038
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2275029
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0117799
IRS990/OfficeExpensesGrp/ProgramServicesAmt0408159
IRS990/OfficeExpensesGrp/TotalAmt0525958
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08475925
IRS990/OtherAssetsTotalGrp/EOYAmt04063968
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11487
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2332651
IRS990/OtherExpensesGrp/ProgramServicesAmt01925327
IRS990/OtherExpensesGrp/ProgramServicesAmt11284754
IRS990/OtherExpensesGrp/ProgramServicesAmt21093472
IRS990/OtherExpensesGrp/ProgramServicesAmt3140619
IRS990/OtherExpensesGrp/TotalAmt01927056
IRS990/OtherExpensesGrp/TotalAmt11286241
IRS990/OtherExpensesGrp/TotalAmt21093472
IRS990/OtherExpensesGrp/TotalAmt3473270
IRS990/OtherLiabilitiesGrp/BOYAmt05335935
IRS990/OtherLiabilitiesGrp/EOYAmt0442693
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034615
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01807490
IRS990/OtherSalariesAndWagesGrp/TotalAmt01842105
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03587
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139700
IRS990/PayrollTaxesGrp/TotalAmt0143287
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0332715
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0119330
IRS990/PrincipalOfficerNm0RICHARD HAMLET
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0GAIN ON EXTINGUISHMENT OF DEBT
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LOSS ON INVOLUNTARY CONVERSION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013998980
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110127531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-4591208
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013998980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110127531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-4591208
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0370520
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07953000
IRS990/PYInvestmentIncomeAmt046333591
IRS990/PYOtherExpensesAmt037088616
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014791853
IRS990/PYRevenuesLessExpensesAmt011670928
IRS990/PYSalariesCompEmpBnftPaidAmt04783420
IRS990/PYTotalExpensesAmt049825036
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt061495964
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt043698009
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt04828000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt054539439
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0590238
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0593650
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0562378045
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MINISTRY OUTREACH FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/BookValueAmt042512239
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017196719
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt059708958
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03457200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03457200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03689246
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt126089
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24210
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32267
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt432687
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5309469
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5RIGHT-OF-USE-ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0132303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1310390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE OBLIGATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GMF RECOGNIZES THE TAX BENEFITS OF UNCERTAIN POSITIONS ONLY WHERE THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED ASSUMING EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS ANALYZED GMF'S TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN YEARS, OR EXPECTED TO BE TAKEN IN THE COMPANY'S 2022 TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045969439
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04063968
IRS990ScheduleD/TotalLiabilityAmt0442693
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0395000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICHARD HAMLET
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0397000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd11
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd21
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-12-19
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12015-04-02
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt22014-11-10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0721416158
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0546276CA2
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1546276CK0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum264764AAA7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt031525000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt115580723
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt211750000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0LA GOVERNMENT ENVIRONMENTAL FACILITY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $50M-$100M nonprofits