Civic Intelligence

National Caucus & Ctr on Black Aged Housing Serv of Ms IV Inc.

990 • Fiscal year 2017 • EIN 57-0884935

May 01, 2016 to Apr 30, 2017 • Filed on Sep 07, 2017

Organization ProfileN/A
280 Hernando Street No 205Memphis, TN 38126

(901) 526-7155

Siviq Scores

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

Liabilities / Assets

97th percentile

1.71x

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

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

Liabilities / Revenue

95th percentile

2.70x

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

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

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

97th percentile

$267,734

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 72.1% of source-year revenue.

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

Asset Growth

31st percentile

-2.4%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

58th percentile

8.9%

Faster revenue growth than 58% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$584,778

Down $14,306 (-2.4%) from 2016

Net Assets

Up

-$415,918

Up $64,253 (+13%) from 2016

Liabilities

Down

$1,000,696

Down $78,559 (-7.3%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin74th percentile

Revenue

Up

$371,290

Up $30,257 (+8.9%) from 2016

Expenses

Down

$307,036

Down $25,599 (-7.7%) from 2016

Net Income

Up

$64,254

Up $55,856 (+665%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $677,808Liabilities 2011: $1,196,614Net Assets 2011: -$518,8062011Assets 2012: $662,509Liabilities 2012: $1,174,241Net Assets 2012: -$511,7322012Assets 2013: $641,563Liabilities 2013: $1,153,137Net Assets 2013: -$511,5742013Assets 2014: $635,316Liabilities 2014: $1,135,299Net Assets 2014: -$499,9832014Assets 2015: $626,372Liabilities 2015: $1,114,940Net Assets 2015: -$488,5682015Assets 2016: $599,084Liabilities 2016: $1,079,255Net Assets 2016: -$480,1712016Assets 2017: $584,778Liabilities 2017: $1,000,696Net Assets 2017: -$415,9182017Assets 2018: $549,891Liabilities 2018: $962,323Net Assets 2018: -$412,4322018Assets 2019: $524,298Liabilities 2019: $955,881Net Assets 2019: -$431,5832019Assets 2020: $2,074,016Liabilities 2020: $2,305,868Net Assets 2020: -$231,8522020Assets 2021: $1,986,833Liabilities 2021: $2,258,243Net Assets 2021: -$271,4102021Assets 2022: $1,942,390Liabilities 2022: $2,316,933Net Assets 2022: -$374,5432022Assets 2023: $1,820,482Liabilities 2023: $2,235,824Net Assets 2023: -$415,3422023Assets 2024: $1,746,771Liabilities 2024: $2,184,849Net Assets 2024: -$438,0782024Assets 2025: $1,671,549Liabilities 2025: $2,119,462Net Assets 2025: -$447,9132025

Highlighted filing

2017

Assets$584,778
Liabilities$1,000,696
Net Assets-$415,918
Open 2017 Filing

Operations Trend

Revenue Growth58th percentile

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

$600K$400K$200K$0-$200KExpenses 2011: $294,9522011Revenue 2012: $318,625Expenses 2012: $311,551Net Income 2012: $7,0742012Expenses 2013: $325,7472013Revenue 2014: $328,619Expenses 2014: $317,027Net Income 2014: $11,5922014Revenue 2015: $334,569Expenses 2015: $323,155Net Income 2015: $11,4142015Revenue 2016: $341,033Expenses 2016: $332,635Net Income 2016: $8,3982016Revenue 2017: $371,290Expenses 2017: $307,036Net Income 2017: $64,2542017Revenue 2018: $318,709Expenses 2018: $315,223Net Income 2018: $3,4862018Revenue 2019: $322,402Expenses 2019: $341,552Net Income 2019: -$19,1502019Revenue 2020: $333,523Expenses 2020: $359,316Net Income 2020: -$25,7932020Revenue 2021: $340,445Expenses 2021: $374,059Net Income 2021: -$33,6142021Revenue 2022: $371,072Expenses 2022: $375,804Net Income 2022: -$4,7322022Revenue 2023: $377,877Expenses 2023: $413,486Net Income 2023: -$35,6092023Revenue 2024: $388,078Expenses 2024: $414,538Net Income 2024: -$26,4602024Revenue 2025: $407,795Expenses 2025: $417,630Net Income 2025: -$9,8352025

Highlighted filing

2017

Revenue$371,290
Expenses$307,036
Net Income$64,254
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Sep 7, 2017
Return Version
2016v3.0
Gross Receipts
$371,290
Mission and Program Overview

Mission

Provide low-income housing through the operation of 40 apartment units to the elderly and/or handicapped under section 202 of the national housing act.

Provide low-income housing to the elderly and/or handicapped under section 202 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$528,040$488,311▼ $39,729
Cash and Non-Interest-Bearing Accounts$7,994$31,073▲ $23,079
Prepaid Expenses and Deferred Charges$11,003$4,045▼ $6,958
Accounts Receivable$3,445$236▼ $3,209
Total Assets$599,084$584,778▼ $14,306
Other Assets Total$48,602$61,113▲ $12,511
Liabilities
Mortgage Notes Payable Secured by Investment Property$996,343$963,850▼ $32,493
Accounts Payable and Accrued Expenses$74,526$28,050▼ $46,476
Other Liabilities$8,194$7,456▼ $738
Deferred Revenue$192$1,340▲ $1,148
Total Liabilities$1,079,255$1,000,696▼ $78,559
Net Assets / Fund Balance
Unrestricted Net Assets$-480,171$-415,918▲ $64,253
Total Net Assets Fund Balance$-480,171$-415,918▲ $64,253
Total Liabilities and Net Assets / Fund Balance$599,084$584,778▼ $14,306

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$384,738$677,369$1,062,107
Other Land Buildings$11,819$238,828$250,647
Equipment$15,754$78,644$94,398
Land$76,000-$76,000
Other Assets Org$53,243--
Compensation and Service Providers
Top Officer Pay97th percentile

Board Members and Trustees

NameTitle
Wuhan DansbyChairman
Joan R Mckinley-sheltonVice-chairman
Abdul RasheedDirector
Carl WestDirector
Carol Humphries-jonesDirector
Charles ReynoldsDirector
Irene Packer-halseyDirector
Jarvis StewartDirector
Juan PowellDirector
Karyne JonesDirector
Paul E BridgewaterDirector
Ronnie EdwardsDirector
Elias HusseinAssistant Treasurer
Alicia MarshallSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$371,267
Investment Income
$23
Other Revenue
$0
Change in Net Assets
$64,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$371,289
Revenue Not Reported on Financial Statements
$1
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1
Total Revenue per Audited Statements
$371,289
Total Revenue per Form 990
$371,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,093
Salaries, Compensation, and Employee Benefits$60,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$81,989--$81,989
Other Salaries and Wages$49,857--$49,857
Depreciation Depletion$39,729--$39,729
Fees for Services Management$21,161--$21,161
Insurance$15,059--$15,059
Fees for Services Accounting$9,711--$9,711
Other Expenses$8,562--$8,562
Payroll Taxes$6,980--$6,980
All Other Expenses$6,473--$6,473
Office Expenses$4,517--$4,517
Other Employee Benefits$4,106--$4,106
Conferences and Meetings$685--$685
Total Functional Expenses$307,036$0$0$307,036

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$307,036
Total Expenses per Audited Statements$307,036
Total Expenses per Form 990$307,036
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
Tenant Security Deposits$7,456
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 is a hud subsidized housing project and as such management duties are delegated to northern, inc.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the governing body.”

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

“The organization provides form 990 to its governing body for their review before the return is filed”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Jarvis stewart - 1220 l street, nw suite 800, washington, dc 20005. Carol humphries-jones - 1220 l street, nw suite 800, washington, dc 20005. Joan r. Mckinley-shelton - 1220 l street, nw suite 800, washington, dc 20005. Paul e. Bridgewater - 1220 l street, nw suite 800, washington, dc 20005. Karyne jones - 1220 l street, nw suite 800, washington, dc 20005. Elias hussein - 1220 l street, nw suite 800, washington, dc 20005. Alicia marshall - 1220 l street, nw suite 800, washington, dc 20005. Wuhan dansby - 1220 l street, nw suite 800, washington, dc 20005. Abdul rasheed - 1220 l street, nw suite 800, washington, dc 20005. Irene packer-halsey - 1220 l street, nw suite 800, washington, dc 20005. Juan powell - 1220 l street, nw suite 800, washington, dc 20005. Carl west - 1220 l street, nw suite 800, washington, dc 20005. Charles reynolds - 1220 l street, nw suite 800, washington, dc 20005. Ronnie edwards - 1220 l street, nw suite 800, washington, dc 20005.”

Filing and Contact Details

Filer

Filer Name
National Caucus & Ctr on Black Aged
EIN
57-0884935
Phone
9015267155
Address
280 HERNANDO STREET NO 205, MEMPHIS, TN 38126
Doing Business As
Ezra Towner Sr Estates

Signing Officer

Name
Karyne Jones
Title
Director
Phone
2026378400
Signed
2017-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karyne Jones
Formed
1988
Legal Domicile
Ms
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
0

Preparer

Firm
Grantham Poole Et Al Pllc
Address
1062 HIGHLAND COLONY PARKWAY SUITE, 201, RIDGELAND, MS 39157
Preparer
Alan Arrington CPA
Phone
6014992400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING -1.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The project has adopted the provisions of fasb asc topic 740-10, income taxes. Management believes it has no material uncertain tax positions or any related penalties and interest to accrue for the year ended april 30, 2017, and accordingly, there is no liability for unrecognized tax benefits. The project files irs from 990 annually with the federal government and is still open to examination by taxing authorities for fiscal year 2014 and later.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“ROUNDING 1.”

Raw XML AppendixShowing 400 of 558 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/BOYAmt074526
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028050
IRS990/AccountsReceivableGrp/BOYAmt03445
IRS990/AccountsReceivableGrp/EOYAmt0236
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE LOW-INCOME HOUSING TO THE ELDERLY AND/OR HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06473
IRS990/AllOtherExpensesGrp/TotalAmt06473
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NORTHERN INC DEBRA EDWARDS
IRS990/BooksInCareOfDetail/PhoneNum09015267155
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0280 HERNANDO STREET SUITE 205
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038126
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07994
IRS990/CashNonInterestBearingGrp/EOYAmt031073
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0685
IRS990/ConferencesMeetingsGrp/TotalAmt0685
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt023
IRS990/CYOtherExpensesAmt0246093
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0371267
IRS990/CYRevenuesLessExpensesAmt064254
IRS990/CYSalariesCompEmpBnftPaidAmt060943
IRS990/CYTotalExpensesAmt0307036
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0371290
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0192
IRS990/DeferredRevenueGrp/EOYAmt01340
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039729
IRS990/DepreciationDepletionGrp/TotalAmt039729
IRS990/Desc0PROVIDE 40 HUD SUBSIDIZED HOUSING UNITS TO QUALIFIED LOW-INCOME TENANTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0EZRA TOWNER SR ESTATES
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0307036
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09711
IRS990/FeesForServicesAccountingGrp/TotalAmt09711
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt021161
IRS990/FeesForServicesManagementGrp/TotalAmt021161
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt421790
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1316881
IRS990/Form990PartVIISectionAGrp/PersonNm0JARVIS STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm1CAROL HUMPHRIES-JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2JOAN R MCKINLEY-SHELTON
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL E BRIDGEWATER
IRS990/Form990PartVIISectionAGrp/PersonNm4KARYNE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm5ALICIA MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm6WUHAN DANSBY
IRS990/Form990PartVIISectionAGrp/PersonNm7ABDUL RASHEED
IRS990/Form990PartVIISectionAGrp/PersonNm8IRENE PACKER-HALSEY
IRS990/Form990PartVIISectionAGrp/PersonNm9JUAN POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm10CARL WEST
IRS990/Form990PartVIISectionAGrp/PersonNm11CHARLES REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm12RONNIE EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm13ELIAS HUSSEIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4245944
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13163532
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSISTANT TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0371290
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt015059
IRS990/InsuranceGrp/TotalAmt015059
IRS990/InterestGrp/ProgramServicesAmt081989
IRS990/InterestGrp/TotalAmt081989
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0994841
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0528040
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0488311
IRS990/LandBldgEquipCostOrOtherBssAmt01483152
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE LOW-INCOME HOUSING THROUGH THE OPERATION OF 40 APARTMENT UNITS TO THE ELDERLY AND/OR HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0996343
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0963850
IRS990/NetAssetsOrFundBalancesBOYAmt0-480171
IRS990/NetAssetsOrFundBalancesEOYAmt0-415918
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt04517
IRS990/OfficeExpensesGrp/TotalAmt04517
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt048602
IRS990/OtherAssetsTotalGrp/EOYAmt061113
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04106
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04106
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2MISC RENTING
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt031863
IRS990/OtherExpensesGrp/ProgramServicesAmt117608
IRS990/OtherExpensesGrp/ProgramServicesAmt28736
IRS990/OtherExpensesGrp/ProgramServicesAmt38562
IRS990/OtherExpensesGrp/TotalAmt031863
IRS990/OtherExpensesGrp/TotalAmt117608
IRS990/OtherExpensesGrp/TotalAmt28736
IRS990/OtherExpensesGrp/TotalAmt38562
IRS990/OtherLiabilitiesGrp/BOYAmt08194
IRS990/OtherLiabilitiesGrp/EOYAmt07456
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt049857
IRS990/OtherSalariesAndWagesGrp/TotalAmt049857
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06980
IRS990/PayrollTaxesGrp/TotalAmt06980
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011003
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04045
IRS990/PrincipalOfficerNm0KARYNE JONES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1530000
IRS990/ProgramServiceRevenueGrp/Desc0HUD SUBSIDY AND TENANT
IRS990/ProgramServiceRevenueGrp/Desc1OTHER TENANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0332777
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0332777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138490
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt035
IRS990/PYOtherExpensesAmt0265709
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0340998
IRS990/PYRevenuesLessExpensesAmt08398
IRS990/PYSalariesCompEmpBnftPaidAmt066926
IRS990/PYTotalExpensesAmt0332635
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0341033
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt064254
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0371290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0257163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0255542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0252151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0250781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01266268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0124
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0430462
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01266268
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0257163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0255542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0252151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0250781
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01266268
IRS990ScheduleA/TotalSupportAmt01266392
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0384738
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0677369
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01062107
IRS990ScheduleD/EquipmentGrp/BookValueAmt015754
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078644
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094398
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0307036
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt076000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt076000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0420
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17450
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt253243
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE CASH
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011819
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0238828
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0250647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07456
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01
IRS990ScheduleD/RevenueSubtotalAmt0371289
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT HAS ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE FOR THE YEAR ENDED APRIL 30, 2017, AND ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE PROJECT FILES IRS FROM 990 ANNUALLY WITH THE FEDERAL GOVERNMENT AND IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEAR 2014 AND LATER.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING 1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0488311
IRS990ScheduleD/TotalBookValueOtherAssetsAmt061113
IRS990ScheduleD/TotalExpensesPerForm990Amt0307036
IRS990ScheduleD/TotalLiabilityAmt07456
IRS990ScheduleD/TotalRevenuePerForm990Amt0371290
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0371289
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0307036
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0245944
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1163532
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KARYNE JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ELIAS HUSSEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSISTANT TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0267734

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
$584,778
Liabilities
$1,000,696
Net assets
-$415,918
Revenue
$371,290
Expenses
$307,036
Net income
$64,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.67$2.12$0.45$0.41$0.42$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.75$2.18$0.44$0.39$0.41$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.82$2.24$0.42$0.38$0.41$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.94$2.32$0.37$0.37$0.38$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$2.26$0.27$0.34$0.37$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.07$2.31$0.23$0.33$0.36$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.96$0.43$0.32$0.34$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.96$0.41$0.32$0.32$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.58$1.00$0.42$0.37$0.31$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.60$1.08$0.48$0.34$0.33$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.63$1.11$0.49$0.33$0.32$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.64$1.14$0.50$0.33$0.32$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$1.15$0.51$0.33
2012Summary only. Only limited summary data is available for this year.$0.66$1.17$0.51$0.32$0.31$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$1.20$0.52$0.29