Civic Intelligence

Sixty Two Plaza Central Inc.

990 • Fiscal year 2017 • EIN 57-0847464

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 28, 2017

Organization ProfileN/A
PO Box 1323Pickens, SC 29671

(803) 536-1056

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.98x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

2.31x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

59th percentile

7.0%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

51st percentile

3.7%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

6.0%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$627,418

Up $22,537 (+3.7%) from 2016

Net Assets

Up

$11,214

Up $18,760 (+249%) from 2016

Liabilities

Up

$616,204

Up $3,777 (+0.6%) from 2016

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin59th percentile

Revenue

Up

$267,242

Up $15,230 (+6.0%) from 2016

Expenses

Up

$248,482

Up $10,189 (+4.3%) from 2016

Net Income

Up

$18,760

Up $5,041 (+37%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$800K$600K$400K$200K$0-$200KAssets 2011: $672,583Liabilities 2011: $685,145Net Assets 2011: -$12,5622011Assets 2012: $672,592Liabilities 2012: $673,227Net Assets 2012: -$6352012Assets 2013: $676,049Liabilities 2013: $655,347Net Assets 2013: $20,7022013Assets 2014: $649,678Liabilities 2014: $639,391Net Assets 2014: $10,2872014Assets 2015: $628,579Liabilities 2015: $649,844Net Assets 2015: -$21,2652015Assets 2016: $604,881Liabilities 2016: $612,427Net Assets 2016: -$7,5462016Assets 2017: $627,418Liabilities 2017: $616,204Net Assets 2017: $11,2142017Assets 2018: $614,707Liabilities 2018: $599,528Net Assets 2018: $15,1792018Assets 2019: $614,843Liabilities 2019: $580,880Net Assets 2019: $33,9632019Assets 2020: $588,297Liabilities 2020: $554,350Net Assets 2020: $33,9472020Assets 2021: $603,331Liabilities 2021: $531,671Net Assets 2021: $71,6602021Assets 2022: $579,823Liabilities 2022: $506,129Net Assets 2022: $73,6942022Assets 2023: $605,374Liabilities 2023: $458,891Net Assets 2023: $146,4832023Assets 2024: $690,306Liabilities 2024: $471,144Net Assets 2024: $219,1622024Assets 2025: $657,849Liabilities 2025: $398,417Net Assets 2025: $259,4322025

Highlighted filing

2017

Assets$627,418
Liabilities$616,204
Net Assets$11,214
Open 2017 Filing

Operations Trend

Revenue Growth53rd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $231,541Expenses 2011: $216,183Net Income 2011: $15,3582011Revenue 2012: $238,435Expenses 2012: $226,508Net Income 2012: $11,9272012Expenses 2013: $222,5962013Revenue 2014: $216,709Expenses 2014: $227,124Net Income 2014: -$10,4152014Revenue 2015: $230,322Expenses 2015: $261,874Net Income 2015: -$31,5522015Revenue 2016: $252,012Expenses 2016: $238,293Net Income 2016: $13,7192016Revenue 2017: $267,242Expenses 2017: $248,482Net Income 2017: $18,7602017Revenue 2018: $255,139Expenses 2018: $251,174Net Income 2018: $3,9652018Revenue 2019: $266,552Expenses 2019: $247,768Net Income 2019: $18,7842019Revenue 2020: $265,379Expenses 2020: $265,395Net Income 2020: -$162020Revenue 2021: $296,798Expenses 2021: $259,085Net Income 2021: $37,7132021Revenue 2022: $276,359Expenses 2022: $274,325Net Income 2022: $2,0342022Revenue 2023: $275,295Expenses 2023: $202,506Net Income 2023: $72,7892023Revenue 2024: $292,621Expenses 2024: $219,942Net Income 2024: $72,6792024Revenue 2025: $299,314Expenses 2025: $259,044Net Income 2025: $40,2702025

Highlighted filing

2017

Revenue$267,242
Expenses$248,482
Net Income$18,760
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 28, 2017
Return Version
2016v3.0
Gross Receipts
$267,242
Mission and Program Overview

Mission

Sixty-two plaza central, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 24-unit project known as sixty-two plaza apartments located in central, south carolina, which provides housing for low income elderly persons, pursuant to section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$461,263$442,558▼ $18,705
Investments Program Related$106,322$136,678▲ $30,356
Cash and Non-Interest-Bearing Accounts$10,496$21,351▲ $10,855
Accounts Receivable$9,241$15,635▲ $6,394
Prepaid Expenses and Deferred Charges$4,582$4,500▼ $82
Total Assets$604,881$627,418▲ $22,537
Other Assets Total$12,977$6,696▼ $6,281
Liabilities
Mortgage Notes Payable Secured by Investment Property$586,623$566,372▼ $20,251
Other Liabilities$12,672$34,750▲ $22,078
Accounts Payable and Accrued Expenses$13,035$14,957▲ $1,922
Deferred Revenue$97$125▲ $28
Total Liabilities$612,427$616,204▲ $3,777
Net Assets / Fund Balance
Unrestricted Net Assets$-7,546$11,214▲ $18,760
Total Net Assets Fund Balance$-7,546$11,214▲ $18,760
Total Liabilities and Net Assets / Fund Balance$604,881$627,418▲ $22,537

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$344,985$574,348$919,333
Equipment$78,573$55,752$134,325
Land$19,000-$19,000
Investment Program Related Org$12,300--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Steve CroweChairman
Revenue and Support

Revenue Composition

Contributions and Grants
$205,440
Program Service Revenue
$60,440
Investment Income
$67
Other Revenue
$1,295
Change in Net Assets
$18,760

Audited Revenue Reconciliation

Revenue per Audited Statements
$267,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$267,242
Total Revenue per Form 990
$267,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,482
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
Occupancy$98,317--$98,317
Depreciation Depletion$39,739--$39,739
Fees for Services Management-$14,688-$14,688
Office Expenses-$7,517-$7,517
Fees for Services Accounting-$4,500-$4,500
Insurance$1,008--$1,008
Travel-$494-$494
Other Expenses$181--$181
Advertising-$23-$23
Total Functional Expenses$221,260$27,222$0$248,482

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$248,482
Expenses per Audited Statements$248,135
Total Expenses per Audited Statements$248,135
Expenses Not Reported on Financial Statements$347
Other Expense Adjustments$347
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
Residual Receipts Recapture$28,054
Tenant Security Deposits$6,696
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has entered into a management agreement with a management agent for day-to-day management of the apartment community as is customary for owners/operators of hud-assisted rental communities. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

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

“The return is prepared by a cpa firm and sent to the management agent for initial review and approval. The management agent then sends the return to the board of directors for final review, approval and signature.”

Form 990, Part VI, Section C, Line 19

“Documents are maintained by the board of directors and copies are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Sixty-two Plaza Central Inc
EIN
57-0847464
Phone
8035361056
Address
PO BOX 1323, PICKENS, SC 29671
Doing Business As
Sixty-two Plaza Apartments

Signing Officer

Name
Steve Crowe
Title
Chairman
Phone
8035361056
Signed
2017-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Crowe
Formed
1990
Legal Domicile
Sc
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD STE 300, CARMEL, IN 46032
Preparer
Steven R Hise
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Book/tax depreciation expense difference 347.”

Raw XML AppendixShowing 400 of 410 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/BOYAmt013035
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014957
IRS990/AccountsReceivableGrp/BOYAmt09241
IRS990/AccountsReceivableGrp/EOYAmt015635
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SIXTY-TWO PLAZA CENTRAL, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 24-UNIT PROJECT KNOWN AS SIXTY-TWO PLAZA APARTMENTS LOCATED IN CENTRAL, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt023
IRS990/AdvertisingGrp/TotalAmt023
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0N & H ENTERPRISES INC
IRS990/BooksInCareOfDetail/PhoneNum08035361056
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1184
IRS990/BooksInCareOfDetail/USAddress/CityNm0ORANGEBRUG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029116
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010496
IRS990/CashNonInterestBearingGrp/EOYAmt021351
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0205440
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt067
IRS990/CYOtherExpensesAmt0248482
IRS990/CYOtherRevenueAmt01295
IRS990/CYProgramServiceRevenueAmt060440
IRS990/CYRevenuesLessExpensesAmt018760
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0248482
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0267242
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt097
IRS990/DeferredRevenueGrp/EOYAmt0125
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039739
IRS990/DepreciationDepletionGrp/TotalAmt039739
IRS990/Desc0SIXTY-TWO PLAZA CENTRAL, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 24-UNIT PROJECT KNOWN AS SIXTY-TWO PLAZA APARTMENTS LOCATED IN CENTRAL, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SIXTY-TWO PLAZA APARTMENTS
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0221260
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt014688
IRS990/FeesForServicesManagementGrp/TotalAmt014688
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE CROWE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GovernmentGrantsAmt0205440
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0267242
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01008
IRS990/InsuranceGrp/TotalAmt01008
IRS990/InvestmentIncomeGrp/ExclusionAmt067
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt067
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0106322
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0136678
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0630100
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0461263
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0442558
IRS990/LandBldgEquipCostOrOtherBssAmt01072658
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SIXTY-TWO PLAZA CENTRAL, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 24-UNIT PROJECT KNOWN AS SIXTY-TWO PLAZA APARTMENTS LOCATED IN CENTRAL, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0586623
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0566372
IRS990/NetAssetsOrFundBalancesBOYAmt0-7546
IRS990/NetAssetsOrFundBalancesEOYAmt011214
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt098317
IRS990/OccupancyGrp/TotalAmt098317
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07517
IRS990/OfficeExpensesGrp/TotalAmt07517
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012977
IRS990/OtherAssetsTotalGrp/EOYAmt06696
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc1MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc2RESIDUAL RECEIPTS RECAP
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt036469
IRS990/OtherExpensesGrp/ProgramServicesAmt123767
IRS990/OtherExpensesGrp/ProgramServicesAmt221779
IRS990/OtherExpensesGrp/ProgramServicesAmt3181
IRS990/OtherExpensesGrp/TotalAmt036469
IRS990/OtherExpensesGrp/TotalAmt123767
IRS990/OtherExpensesGrp/TotalAmt221779
IRS990/OtherExpensesGrp/TotalAmt3181
IRS990/OtherLiabilitiesGrp/BOYAmt012672
IRS990/OtherLiabilitiesGrp/EOYAmt034750
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc2OTHER MISC REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0677
IRS990/OtherRevenueMiscGrp/ExclusionAmt1558
IRS990/OtherRevenueMiscGrp/ExclusionAmt260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0677
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1558
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt260
IRS990/OtherRevenueTotalAmt01295
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04582
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04500
IRS990/PrincipalOfficerNm0STEVE CROWE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060440
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0189205
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0116
IRS990/PYOtherExpensesAmt0238293
IRS990/PYOtherRevenueAmt01317
IRS990/PYProgramServiceRevenueAmt061374
IRS990/PYRevenuesLessExpensesAmt013719
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0238293
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0252012
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt018760
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt060440
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0205440
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0189205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0175041
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0166648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0186541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0922875
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0116
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0170
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt060440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt061374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt053125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt048661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt056083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0279683
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0116
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0170
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0211
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0792
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01295
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01317
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01986
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01189
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01081
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06868
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99310
IRS990ScheduleA/PublicSupportTotal509Amt01202558
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0265880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0228166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0215309
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0242624
IRS990ScheduleA/Total509Grp/TotalAmt01202558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0267242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0252012
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0230322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0216709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0243933
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01210218
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/BookValueAmt0344985
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0574348
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0919333
IRS990ScheduleD/EquipmentGrp/BookValueAmt078573
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055752
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0134325
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0347
IRS990ScheduleD/ExpensesSubtotalAmt0248135
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0110110
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt114268
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt212300
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt019000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019000
IRS990ScheduleD/OtherExpensesNotIncludedAmt0347
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128054
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS RECAPTURE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0267242
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 347.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0442558
IRS990ScheduleD/TotalBookValueProgramRltdAmt0136678
IRS990ScheduleD/TotalExpensesPerForm990Amt0248482
IRS990ScheduleD/TotalLiabilityAmt034750
IRS990ScheduleD/TotalRevenuePerForm990Amt0267242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0267242
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0248135
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT AGENT FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS CUSTOMARY FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A CPA FIRM AND SENT TO THE MANAGEMENT AGENT FOR INITIAL REVIEW AND APPROVAL. THE MANAGEMENT AGENT THEN SENDS THE RETURN TO THE BOARD OF DIRECTORS FOR FINAL REVIEW, APPROVAL AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0604881
IRS990/TotalAssetsEOYAmt0627418
IRS990/TotalAssetsGrp/BOYAmt0604881
IRS990/TotalAssetsGrp/EOYAmt0627418
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0205440
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027222
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0221260
IRS990/TotalFunctionalExpensesGrp/TotalAmt0248482
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0612427
IRS990/TotalLiabilitiesEOYAmt0616204
IRS990/TotalLiabilitiesGrp/BOYAmt0612427
IRS990/TotalLiabilitiesGrp/EOYAmt0616204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-7546
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011214
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0221260
IRS990/TotalProgramServiceRevenueAmt060440
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01362
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt060440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0267242
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0604881
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0627418
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0494
IRS990/TravelGrp/TotalAmt0494
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-7546
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011214
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1323
IRS990/USAddress/CityNm0PICKENS
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029671
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE CROWE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08035361056
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIXTY-TWO PLAZA CENTRAL INC
ReturnHeader/Filer/BusinessNameControlTxt0SIXT
ReturnHeader/Filer/EIN0570847464
ReturnHeader/Filer/PhoneNum08035361056
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1323
ReturnHeader/Filer/USAddress/CityNm0PICKENS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029671
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AEEF48E423275B98DB195DB32BAFA4ED227D5665
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E7FACD3EB3103D5D2D299B6BC3E74BFAA5E88247
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.78.195.178
ReturnHeader/FilingSecurityInformation/IPDt02017-08-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:30:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351750664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAUBY O'CONNOR & ZALESKI LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0501 CONGRESSIONAL BLVD STE 300

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$627,418
Liabilities
$616,204
Net assets
$11,214
Revenue
$267,242
Expenses
$248,482
Net income
$18,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$3.98$2.59$2.99$2.59$0.40
2024Detailed filing. Detailed filing data is available for this year.$6.90$4.71$2.19$2.93$2.20$0.73
2023Detailed filing. Detailed filing data is available for this year.$6.05$4.59$1.46$2.75$2.03$0.73
2022Detailed filing. Detailed filing data is available for this year.$5.80$5.06$0.74$2.76$2.74$0.02
2021Detailed filing. Detailed filing data is available for this year.$6.03$5.32$0.72$2.97$2.59$0.38
2020Detailed filing. Detailed filing data is available for this year.$5.88$5.54$0.34$2.65$2.65$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.15$5.81$0.34$2.67$2.48$0.19
2018Detailed filing. Detailed filing data is available for this year.$6.15$6.00$0.15$2.55$2.51$0.04
2017Detailed filing. Detailed filing data is available for this year.$6.27$6.16$0.11$2.67$2.48$0.19
2016Detailed filing. Detailed filing data is available for this year.$6.05$6.12$0.08$2.52$2.38$0.14
2015Detailed filing. Detailed filing data is available for this year.$6.29$6.50$0.21$2.30$2.62$0.32
2014Detailed filing. Detailed filing data is available for this year.$6.50$6.39$0.10$2.17$2.27$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$6.55$0.21$2.23
2012Summary only. Only limited summary data is available for this year.$6.73$6.73$0.01$2.38$2.27$0.12
2011Summary only. Only limited summary data is available for this year.$6.73$6.85$0.13$2.32$2.16$0.15