Civic Intelligence

Zion Hills Apartments Inc

EIN 57-0531124 • 501(c)3 • Matthews, NC

Profile

To provide affordable housing to low-income families.

300 East John Street Suite 114Matthews, NC 28105

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.18x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

5.64x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

53%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$3,725,490

Down $86,344 (-2.3%) from 2024

Liabilities

Down

$4,400,912

Down $71,451 (-1.6%) from 2024

Net Assets

Down

-$675,422

Down $14,893 (-2.3%) from 2024

Operations
Liabilities / Revenue97th percentileNet Margin34th percentile

Revenue

Up

$780,801

Up $271,684 (+53%) from 2024

Expenses

Up

$795,694

Up $201,474 (+34%) from 2024

Net Income

Up

-$14,893

Up $70,210 (+83%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $318,308Liabilities 2012: $49,572Net Assets 2012: $268,7362012Assets 2013: $272,392Liabilities 2013: $25,903Net Assets 2013: $246,4892013Assets 2014: $289,075Liabilities 2014: $23,876Net Assets 2014: $265,1992014Assets 2015: $223,754Liabilities 2015: $18,362Net Assets 2015: $205,3922015Assets 2016: $211,280Liabilities 2016: $16,142Net Assets 2016: $195,1382016Assets 2017: $174,852Liabilities 2017: $43,654Net Assets 2017: $131,1982017Assets 2018: $3,682,975Liabilities 2018: $3,658,034Net Assets 2018: $24,9412018Assets 2019: $4,497,754Liabilities 2019: $4,621,942Net Assets 2019: -$124,1882019Assets 2020: $4,376,395Liabilities 2020: $4,614,962Net Assets 2020: -$238,5672020Assets 2021: $4,227,676Liabilities 2021: $4,565,789Net Assets 2021: -$338,1132021Assets 2022: $4,089,754Liabilities 2022: $4,527,241Net Assets 2022: -$437,4872022Assets 2023: $3,940,518Liabilities 2023: $4,515,944Net Assets 2023: -$575,4262023Assets 2024: $3,811,834Liabilities 2024: $4,472,363Net Assets 2024: -$660,5292024Assets 2025: $3,725,490Liabilities 2025: $4,400,912Net Assets 2025: -$675,4222025

Highlighted filing

2025

Assets$3,725,490
Liabilities$4,400,912
Net Assets-$675,422
Open 2025 Filing

Operations Trend

Revenue Growth84th percentile

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

$1.0M$500K$0-$500KRevenue 2012: $331,030Expenses 2012: $319,535Net Income 2012: $11,4952012Revenue 2013: $336,239Expenses 2013: $318,346Net Income 2013: $17,8932013Revenue 2014: $341,695Expenses 2014: $312,265Net Income 2014: $29,4302014Revenue 2015: $334,831Expenses 2015: $374,638Net Income 2015: -$39,8072015Revenue 2016: $320,794Expenses 2016: $311,048Net Income 2016: $9,7462016Revenue 2017: $219,161Expenses 2017: $262,101Net Income 2017: -$42,9402017Revenue 2018: $116,166Expenses 2018: $222,423Net Income 2018: -$106,2572018Revenue 2019: $411,741Expenses 2019: $575,430Net Income 2019: -$163,6892019Revenue 2020: $493,588Expenses 2020: $607,967Net Income 2020: -$114,3792020Revenue 2021: $486,615Expenses 2021: $586,161Net Income 2021: -$99,5462021Revenue 2022: $507,213Expenses 2022: $606,587Net Income 2022: -$99,3742022Revenue 2023: $482,634Expenses 2023: $620,573Net Income 2023: -$137,9392023Revenue 2024: $509,117Expenses 2024: $594,220Net Income 2024: -$85,1032024Revenue 2025: $780,801Expenses 2025: $795,694Net Income 2025: -$14,8932025

Highlighted filing

2025

Revenue$780,801
Expenses$795,694
Net Income-$14,893
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,725,490
Liabilities
$4,400,912
Net assets
-$675,422
Revenue
$780,801
Expenses
$795,694
Net income
-$14,893
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.73$4.40$0.68$0.78$0.80$0.01
2024Detailed filing. Detailed filing data is available for this year.$3.81$4.47$0.66$0.51$0.59$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.94$4.52$0.58$0.48$0.62$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.09$4.53$0.44$0.51$0.61$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.23$4.57$0.34$0.49$0.59$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.38$4.61$0.24$0.49$0.61$0.11
2019Detailed filing. Detailed filing data is available for this year.$4.50$4.62$0.12$0.41$0.58$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.68$3.66$0.02$0.12$0.22$0.11
2017Summary only. Only limited summary data is available for this year.$0.17$0.04$0.13$0.22$0.26$0.04
2016Summary only. Only limited summary data is available for this year.$0.21$0.02$0.20$0.32$0.31$0.01
2015Summary only. Only limited summary data is available for this year.$0.22$0.02$0.21$0.33$0.37$0.04
2014Summary only. Only limited summary data is available for this year.$0.29$0.02$0.27$0.34$0.31$0.03
2013Summary only. Only limited summary data is available for this year.$0.27$0.03$0.25$0.34$0.32$0.02
2012Summary only. Only limited summary data is available for this year.$0.32$0.05$0.27$0.33$0.32$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 27, 2026
Return Version
2024v5.5
Gross Receipts
$780,801
Mission and Program Overview

Mission

To provide affordable housing to low-income families.

To provide affordable housing for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,545,643$3,418,413▼ $127,230
Intangible Assets$163,992$159,192▼ $4,800
Cash and Non-Interest-Bearing Accounts$20,442$47,741▲ $27,299
Accounts Receivable$10,699$15,963▲ $5,264
Total Assets$3,811,834$3,725,490▼ $86,344
Other Assets Total$71,058$84,181▲ $13,123
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,342,166$4,278,578▼ $63,588
Other Liabilities$81,150$68,560▼ $12,590
Accounts Payable and Accrued Expenses$43,166$46,953▲ $3,787
Deferred Revenue$5,881$6,821▲ $940
Total Liabilities$4,472,363$4,400,912▼ $71,451
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,269$35,940▲ $24,671
Net Assets Without Donor Restrictions$-671,798$-711,362▼ $39,564
Total Net Assets Fund Balance$-660,529$-675,422▼ $14,893
Total Liabilities and Net Assets / Fund Balance$3,811,834$3,725,490▼ $86,344

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,178,939$1,388,342$4,567,281
Equipment$87,348$196,446$283,794
Leasehold Improvements$134,966$80,979$215,945
Land$17,160-$17,160
Other Land Buildings$0$7,009$7,009
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Bryant NormanChairman
Shirley HoltVice-chairman
Calvin TurnerBoard Member
Linda MccombsBoard Member
Mary HardinBoard Member
Robert N Kelley JrBoard Member
Sandra JohnsonBoard Member
Yvonne TraceyBoard Member
Dorothy Gill-smithSecretary
Derrick AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$617,309
Program Service Revenue
$163,438
Investment Income
$54
Other Revenue
$0
Change in Net Assets
$-14,893

Audited Revenue Reconciliation

Revenue per Audited Statements
$780,801
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$780,801
Total Revenue per Form 990
$780,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$795,694
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
Interest$172,844--$172,844
Depreciation Depletion$143,612--$143,612
All Other Expenses$100,376$5,714-$106,090
Fees for Services Management$58,126--$58,126
Occupancy$43,491--$43,491
Other Expenses$39,441--$39,441
Insurance$31,920--$31,920
Fees for Services Accounting-$20,200-$20,200
Office Expenses$13,376--$13,376
Fees for Services Legal-$3,302-$3,302
Total Functional Expenses$766,478$29,216$0$795,694

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$795,694
Total Expenses per Audited Statements$795,694
Total Expenses per Form 990$795,694
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Accrued Management Fees$41,602
Other Liabilities$13,504
Tenant Security Deposits$13,454
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management agent handles the day to day activities of the project. Duties include paying expenses, receipt of rents and depositing said rents, maintenance of the project, hiring and firing of project personnel, and admitting and removing tenants. The board and hud establishes policies for the project.”

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

“The management agent reviews the 990 and the board also reviews and signs before mailing.”

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

“Conflict of interst document will be signed each year by employees and board members.”

Form 990, Part VI, Section C, Line 19

“Documents are disclosed upon request. Person must submit request in writing and an appointment is given to said person.”

Filing and Contact Details

Filer

Filer Name
Zion Hills Apartments Inc
EIN
57-0531124
Phone
7048825415
Address
300 EAST JOHN STREET SUITE 114, MATTHEWS, NC 28105

Signing Officer

Name
Dr Bryant Norman
Title
Chairman
Phone
7048825415
Signed
2026-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Bryant Norman
Formed
1969
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bernard Robinson & Company Llp
Address
1501 HIGHWOODS BLVD SUITE 300, GREENSBORO, NC 27410
Preparer
Casey H Patterson
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Security contract: program service expenses 32,971. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,971. Garbage and trash removal: program service expenses 29,269. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,269. Bad debts: program service expenses 10,871. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,871. Payroll tax reimbursement: program service expenses 7,979. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,979. Management consultants: program service expenses 7,171. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,171. Miscellaneous administrative expenses: program service expenses 0. Management and general expenses 5,714. Fundraising expenses 0. Total expenses 5,714. Other renting expense: program service expenses 5,140. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,140. Office salaries: program service expenses 3,741. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,741. Hvac repair & maintenance: program service expenses 3,234. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,234.”

Financial Statement Notes

PART X, LINE 2:

“It is the corporation'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 financial statements. No material uncertain tax positions were identified for 2025.”

Raw XML AppendixShowing 400 of 443 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/LandBldgEquipCostOrOtherBssAmt05091189
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04342166
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04278578
IRS990/NetAssetsOrFundBalancesBOYAmt0-660529
IRS990/NetAssetsOrFundBalancesEOYAmt0-675422
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-671798
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-711362
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt043491
IRS990/OccupancyGrp/TotalAmt043491
IRS990/OfficeExpensesGrp/ProgramServicesAmt013376
IRS990/OfficeExpensesGrp/TotalAmt013376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt071058
IRS990/OtherAssetsTotalGrp/EOYAmt084181
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1PAYROLL REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2MANAGER SALARIES REIMBU
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt070534
IRS990/OtherExpensesGrp/ProgramServicesAmt148181
IRS990/OtherExpensesGrp/ProgramServicesAmt244577
IRS990/OtherExpensesGrp/ProgramServicesAmt339441
IRS990/OtherExpensesGrp/TotalAmt070534
IRS990/OtherExpensesGrp/TotalAmt148181
IRS990/OtherExpensesGrp/TotalAmt244577
IRS990/OtherExpensesGrp/TotalAmt339441
IRS990/OtherLiabilitiesGrp/BOYAmt081150
IRS990/OtherLiabilitiesGrp/EOYAmt068560
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR BRYANT NORMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1ENTITY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0136412
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124182
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22172
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0136412
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3672
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0368304
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt0594220
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0140769
IRS990/PYRevenuesLessExpensesAmt0-85103
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0594220
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0509117
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-14893
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0163438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0617309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0368304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0352031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0392249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0435046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02164939
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0198
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0601243
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt02164939
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0617309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0368304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0352031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0392249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0435046
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02164939
IRS990ScheduleA/TotalSupportAmt02165137
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/BookValueAmt03178939
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01388342
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04567281
IRS990ScheduleD/EquipmentGrp/BookValueAmt087348
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196446
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283794
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0795694
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt017160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017160
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0134966
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt080979
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0215945
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07009
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041602
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MANAGEMENT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0780801
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE CORPORATION'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 FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2025.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03418413
IRS990ScheduleD/TotalExpensesPerForm990Amt0795694
IRS990ScheduleD/TotalLiabilityAmt068560
IRS990ScheduleD/TotalRevenuePerForm990Amt0780801
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0780801
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0795694
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT AGENT HANDLES THE DAY TO DAY ACTIVITIES OF THE PROJECT. DUTIES INCLUDE PAYING EXPENSES, RECEIPT OF RENTS AND DEPOSITING SAID RENTS, MAINTENANCE OF THE PROJECT, HIRING AND FIRING OF PROJECT PERSONNEL, AND ADMITTING AND REMOVING TENANTS. THE BOARD AND HUD ESTABLISHES POLICIES FOR THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT AGENT REVIEWS THE 990 AND THE BOARD ALSO REVIEWS AND SIGNS BEFORE MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTERST DOCUMENT WILL BE SIGNED EACH YEAR BY EMPLOYEES AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE DISCLOSED UPON REQUEST. PERSON MUST SUBMIT REQUEST IN WRITING AND AN APPOINTMENT IS GIVEN TO SAID PERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 32,971. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,971. GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 29,269. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,269. BAD DEBTS: PROGRAM SERVICE EXPENSES 10,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,871. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 7,979. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,979. MANAGEMENT CONSULTANTS: PROGRAM SERVICE EXPENSES 7,171. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,171. MISCELLANEOUS ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,714. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,714. OTHER RENTING EXPENSE: PROGRAM SERVICE EXPENSES 5,140. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,140. OFFICE SALARIES: PROGRAM SERVICE EXPENSES 3,741. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,741. HVAC REPAIR & MAINTENANCE: PROGRAM SERVICE EXPENSES 3,234. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,234.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03811834
IRS990/TotalAssetsEOYAmt03725490
IRS990/TotalAssetsGrp/BOYAmt03811834
IRS990/TotalAssetsGrp/EOYAmt03725490
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0617309
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029216
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0766478
IRS990/TotalFunctionalExpensesGrp/TotalAmt0795694
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04472363
IRS990/TotalLiabilitiesEOYAmt04400912
IRS990/TotalLiabilitiesGrp/BOYAmt04472363
IRS990/TotalLiabilitiesGrp/EOYAmt04400912
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-660529
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-675422
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0766478
IRS990/TotalProgramServiceRevenueAmt0163438
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt054
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0163438
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0780801
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03811834

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