Civic Intelligence

Atlantic Housing Foundation Inc.

990 • Fiscal year 2021 • EIN 57-1090154

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

4770 Iberia Avenue Suite 100Dallas, TX 75207

(469) 206-8900

Siviq Scores

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

Liabilities / Assets

96th percentile

1.15x

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

5.56x

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

25th percentile

0.7%

Higher net margin than 25% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

66th percentile

$1,175,176

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

7th percentile

-4.5%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-30%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Assets

Down

$500,012,699

Down $23,682,674 (-4.5%) from 2020

Net Assets

Up

-$76,936,320

Up $576,292 (+0.7%) from 2020

Liabilities

Down

$576,949,019

Down $24,258,966 (-4.0%) from 2020

Revenue

Down

$103,755,815

Down $44,854,585 (-30%) from 2020

Expenses

Up

$103,009,523

Up $9,014,495 (+9.6%) from 2020

Net Income

Down

$746,292

Down $53,869,080 (-99%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0B$500M$0-$500MAssets 2011: $259,661,427Liabilities 2011: $424,271,610Net Assets 2011: -$164,610,1832011Assets 2012: $246,762,863Liabilities 2012: $420,295,578Net Assets 2012: -$173,532,7152012Assets 2013: $242,249,297Liabilities 2013: $418,440,380Net Assets 2013: -$176,191,0832013Assets 2014: $225,774,098Liabilities 2014: $365,705,175Net Assets 2014: -$139,931,0772014Assets 2015: $223,564,974Liabilities 2015: $364,339,223Net Assets 2015: -$140,774,2492015Assets 2016: $221,693,784Liabilities 2016: $362,050,090Net Assets 2016: -$140,356,3062016Assets 2017: $235,622,325Liabilities 2017: $358,039,449Net Assets 2017: -$122,417,1242017Assets 2018: $464,184,556Liabilities 2018: $589,990,872Net Assets 2018: -$125,806,3162018Assets 2019: $554,431,677Liabilities 2019: $686,389,661Net Assets 2019: -$131,957,9842019Assets 2020: $523,695,373Liabilities 2020: $601,207,985Net Assets 2020: -$77,512,6122020Assets 2021: $500,012,699Liabilities 2021: $576,949,019Net Assets 2021: -$76,936,3202021Assets 2022: $540,951,595Liabilities 2022: $625,998,766Net Assets 2022: -$85,047,1712022Assets 2023: $528,140,962Liabilities 2023: $625,952,365Net Assets 2023: -$97,811,4032023Assets 2024: $439,221,223Liabilities 2024: $529,157,055Net Assets 2024: -$89,935,8322024

Highlighted filing

2021

Assets$500,012,699
Liabilities$576,949,019
Net Assets-$76,936,320

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2011: $52,633,812Expenses 2011: $68,832,119Net Income 2011: -$16,198,3072011Revenue 2012: $59,024,599Expenses 2012: $70,174,771Net Income 2012: -$11,150,1722012Revenue 2013: $63,916,276Expenses 2013: $69,523,929Net Income 2013: -$5,607,6532013Revenue 2014: $97,886,807Expenses 2014: $65,182,979Net Income 2014: $32,703,8282014Revenue 2015: $62,370,121Expenses 2015: $64,430,416Net Income 2015: -$2,060,2952015Revenue 2016: $66,862,186Expenses 2016: $65,889,333Net Income 2016: $972,8532016Revenue 2017: $86,041,444Expenses 2017: $67,932,262Net Income 2017: $18,109,1822017Revenue 2018: $65,025,066Expenses 2018: $68,244,258Net Income 2018: -$3,219,1922018Revenue 2019: $101,104,174Expenses 2019: $96,771,729Net Income 2019: $4,332,4452019Revenue 2020: $148,610,400Expenses 2020: $93,995,028Net Income 2020: $54,615,3722020Revenue 2021: $103,755,815Expenses 2021: $103,009,523Net Income 2021: $746,2922021Revenue 2022: $98,028,406Expenses 2022: $106,224,237Net Income 2022: -$8,195,8312022Revenue 2023: $101,000,581Expenses 2023: $112,402,795Net Income 2023: -$11,402,2142023Revenue 2024: $120,912,541Expenses 2024: $117,636,361Net Income 2024: $3,276,1802024

Highlighted filing

2021

Revenue$103,755,815
Expenses$103,009,523
Net Income$746,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$106,871,837
Mission and Program Overview

Mission

To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$396,229,804$374,158,231▼ $22,071,573
Cash and Non-Interest-Bearing Accounts$41,898,471$41,593,908▼ $304,563
Other Notes and Loans Receivable, Net$29,949,186$27,748,112▼ $2,201,074
Intangible Assets$13,295,258$11,828,166▼ $1,467,092
Prepaid Expenses and Deferred Charges$2,010,976$2,126,099▲ $115,123
Accounts Receivable$734,861$1,181,201▲ $446,340
Loans From Officers Directors$450,000$400,000▼ $50,000
Investments Program Related-$300,000-
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$523,695,373$500,012,699▼ $23,682,674
Other Assets Total$39,576,817$41,076,982▲ $1,500,165
Liabilities
Tax Exempt Bond Liabilities$382,915,844$381,186,549▼ $1,729,295
Mortgage Notes Payable Secured by Investment Property$209,722,753$182,573,928▼ $27,148,825
Other Liabilities$6,563,647$10,569,597▲ $4,005,950
Accounts Payable and Accrued Expenses$1,555,741$2,218,945▲ $663,204
Total Liabilities$601,207,985$576,949,019▼ $24,258,966
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-77,512,612$-76,936,320▲ $576,292
Total Net Assets Fund Balance$-77,512,612$-76,936,320▲ $576,292
Total Liabilities and Net Assets / Fund Balance$523,695,373$500,012,699▼ $23,682,674

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$306,868,592$135,783,374$442,651,966
Land$54,648,797-$54,648,797
Other Land Buildings$12,640,842$15,612,557$28,253,399
Investment Program Related Org$300,000--
Other Assets Org$1,234,130--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael NguyenPresident & CEOFT$369,914$800,851$1,170,765
Kent FosterDirector of Dev & AcqFT$147,603$220,638$368,241
Wilfredo SaquetonCFO, Scty,TreasFT$192,972$125,870$318,842
Bryan MarketDirector - ConstructionFT$135,000$31,664$166,664
Shelia ManessDirector Human ResourceFT$125,713$29,076$154,789
Evan NanceControllerFT$142,590$5,577$148,167
Mary JacksonDirector Property MgmtFT$144,312$2,120$146,432
Robert LumprisDeveloperFT$74,182$40,271$114,453
Daniel FrenchChairmanPT$7,500$5,879$13,379
Alan NaulTrustee-$7,500-$7,500
Michael DuffyTrustee-$7,500-$7,500
Rachel HaydenTrustee-$7,500-$7,500
Rev Jeffrey DoveLow Income Rep-$7,500-$7,500
Richard WhaleyTrustee-$7,500-$7,500
Ruth Ann McNeilLow Income Rep-$5,000-$5,000
Amanda PopkenLow Income Rep-$2,500-$2,500

Highest Paid Contractors

ContractorServicesLocationCompensation
FTK Interest LLC FTK Construction ServicesConstruction Services7 Prestige Circle, Allen, TX 75002$1,182,973
HD Supply Facilities Maintenance LtdMaintenance servicesPO Box 509058, San Diego, CA 92150-9058$1,145,047
Impact Floors of Texas LLCFloors contractorPO Box 670658 Suite 200, Dallas, TX 75267-0658$602,205
Waterproofing & Construction Solutions LLCMaintenace SuppliesPO Box 301451, Dallas, TX 75303-1451$463,221
-Construction ServicesPO Box 1436, McKinney, TX 75070$444,319
Revenue and Support

Revenue Composition

Contributions and Grants
$3,002,277
Program Service Revenue
$87,155,004
Investment Income
$13,598,534
Other Revenue
$0
Change in Net Assets
$746,292

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,071,837
Revenue Not Reported on Financial Statements
$12,683,978
Revenue Not Reported on Form 990
$19,157,045
Other Revenue Adjustments
$12,683,978
Total Revenue per Audited Statements
$110,228,882
Total Revenue per Form 990
$103,755,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,754,912
Salaries, Compensation, and Employee Benefits$5,470,241
Grants and Similar Amounts Paid$784,370
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$27,197,765$112,552-$27,310,317
Depreciation Depletion$20,082,091$8,775-$20,090,866
All Other Expenses$8,100,765$410,814-$8,511,579
Other Expenses$6,285,725$131,004-$6,285,725
Insurance$4,621,427$14,469-$4,635,896
Other Salaries and Wages$2,356,778$399,900-$2,756,678
Current Officers, Directors, Trustees, and Key Employees$2,182,265$411,649-$2,593,914
Grants to Domestic Individuals$776,870--$776,870
Fees for Services Management$658,055--$658,055
Fees for Services Legal-$321,037-$321,037
Office Expenses-$214,453-$214,453
Other Employee Benefits-$69,037-$69,037
Payroll Taxes-$50,612-$50,612
Fees for Services Other-$43,480-$43,480
Travel-$35,164-$35,164
Fees for Services Accounting-$16,400-$16,400
Grants to Domestic Orgs$7,500--$7,500
Occupancy-$3,375-$3,375
Total Functional Expenses$100,763,143$2,246,380$0$103,009,523

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$130,813,083
Expenses per Audited Statements$103,009,523
Total Expenses per Form 990$103,009,523
Expenses Not Reported on Form 990$27,803,560
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
FIU Foundation IncMiami, FL501(c)(3)Scholarships$7,500
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$450,000$400,000▼ $50,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Accrued Expenses$3,868,321
Accrued Interest Payable$2,401,945
Prepaid Rent$2,098,866
Security Deposits$1,910,465
LT Rentention$290,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCapital Trust Agency2018-09-25$222,331,482Fl Intl Univ Hsg Development
ACapital Trust Agency2017-12-21$88,334,972Refund Series 2008 Bonds
DPublic Finance Authority2019-03-14$69,616,000Acquire Southeast Portfolio
CPublic Finance Authority2019-03-14$7,000,000Acquire Southeast Portfolio

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$222,331,482-$145,000$2,932,431
A$88,334,972-$5,950,905$1,722,532
D$69,616,000---
C$7,000,000--$879,038

Bond Financing Compliance

No rebate due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Property management for University Bridge, LLC, is delegated to a third party professional property management company. All third party property management employee salaries and benefits are paid by the property management company directly to property management company employees.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by a committee of the board of directors for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each director, officer, executive level employee and contractor affirms annually that such person :a. has received a copy of this Policy of the Corporation,b. has read and understands this Policy,c. has agreed to comply with this Policy, andd. understands that the Corporation is a charitable organization and that inorder to maintain its federal tax exemption, it must engage primarily inactivities which accomplish one or more of its stated tax exempt charitablepurposes and does not result in private inurement or unreasonable orexcessive economic benefit to private individuals or entities.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation Procedures1. No Interested Person shall vote on any matter relating to his or hercompensation, irrespective or whether said compensation is received directly orindirectly from the Corporation. No Interested Person, however, is prohibitedfrom providing information to the Board or a committee regarding compensation,including factual data on comparable compensation for comparable services orproposed compensation.2. The Corporation shall endeavor to ensure that all compensation arrangementsaffecting Interested Persons are objectively reasonable, based on the relevantmarket for persons of comparable skills, training, education and experience andperforming similar duties for comparable organizations under similar conditionsand circumstances. The Corporation shall consider and give due weight to studiespublished by third parties regarding rates of compensation whenever and, to theextent that, such studies are reliable, comparable and available.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available by written request.

Filing and Contact Details

Filer

Filer Name
Atlantic Housing Foundation Inc
EIN
57-1090154
Phone
4692068900
Address
4770 Iberia Avenue Suite 100, DALLAS, TX 75207

Signing Officer

Name
Michael Nguyen
Title
President & CEO
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Nguyen
Formed
1999
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
7
Employees
418

Preparer

Firm
M Group Llp
Address
515 W SOUTHLAKE BLVD Ste 150, SOUTHLAKE, TX 76092
Preparer
Michael C Martin
Phone
8178651360
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Capital distributions to minority partner = -$170000

Financial Statement Notes

Part X : FIN48 Footnote

The rules governing uncertainty in income taxes for nonpublic enterprises require additional disclosures for situations, if any, where the Corporations tax positions are considered uncertain. This did not have a material effect on the Corporations results of operations or financial position. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. There are no examinations currently in progress.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

LIHTC Investments reported separately $19157045

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Gain on Sale of Rental Property $12683978

Part XII, Line 2D: Other expenses and losses per audited F/S

LIHTC investments reported separately $27803560

Raw XML AppendixShowing 400 of 1,804 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01555741
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02218945
IRS990/AccountsReceivableGrp/BOYAmt0734861
IRS990/AccountsReceivableGrp/EOYAmt01181201
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0410814
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08100765
IRS990/AllOtherExpensesGrp/TotalAmt08511579
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL NGUYEN
IRS990/BooksInCareOfDetail/PhoneNum04692068900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04770 Iberia Avenue Suite 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075207
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041898471
IRS990/CashNonInterestBearingGrp/EOYAmt041593908
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt011
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0411649
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt02182265
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02593914
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01182973
IRS990/ContractorCompensationGrp/CompensationAmt11145047
IRS990/ContractorCompensationGrp/CompensationAmt2602205
IRS990/ContractorCompensationGrp/CompensationAmt3463221
IRS990/ContractorCompensationGrp/CompensationAmt4444319
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07 Prestige Circle
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO Box 509058
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO Box 670658 Suite 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO Box 301451
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO Box 1436
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Allen
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1San Diego
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Dallas
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Dallas
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4McKinney
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd075002
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1921509058
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd2752670658
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd3753031451
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd475070
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FTK Interest LLC FTK Construction Services
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1HD Supply Facilities Maintenance Ltd
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Impact Floors of Texas LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3Waterproofing & Construction Solutions LLC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Maintenance Supply Headquarters
IRS990/ContractorCompensationGrp/ServicesDesc0Construction Services
IRS990/ContractorCompensationGrp/ServicesDesc1Maintenance services
IRS990/ContractorCompensationGrp/ServicesDesc2Floors contractor
IRS990/ContractorCompensationGrp/ServicesDesc3Maintenace Supplies
IRS990/ContractorCompensationGrp/ServicesDesc4Construction Services
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03002277
IRS990/CYGrantsAndSimilarPaidAmt0784370
IRS990/CYInvestmentIncomeAmt013598534
IRS990/CYOtherExpensesAmt096754912
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt087155004
IRS990/CYRevenuesLessExpensesAmt0746292
IRS990/CYSalariesCompEmpBnftPaidAmt05470241
IRS990/CYTotalExpensesAmt0103009523
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0103755815
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08775
IRS990/DepreciationDepletionGrp/ProgramServicesAmt020082091
IRS990/DepreciationDepletionGrp/TotalAmt020090866
IRS990/Desc0During 2001 the Foundation acquired two low-income multi-family rental housing projects located in Columbia, South Carolina. Ashton at Longcreek Apartments consists of 220 units and Stoney Creek Apartments consists of 196 units. During 2001 the Foundation also acquired a low-income multi-family project in Ft. Worth, Texas known as Manitoba Apartments (265 units). Manitoba Apartments was sold to a third party during 2019. During 2002 the Foundation acquired a low-income multi-family project in Ft. Worth, Texas known as Quail Ridge Apartments (296 units), a HUD insured low-income multi-family project in San Antonio, Texas known as The Waters at Elm Creek Apartments (200 units) and a HUD insured low-income multi-family project in Austin, Texas known as The Waters at Bluff Springs Apartments (300 units).During 2003 the Foundation acquired fourteen (14) low-income multi-family projectsknown as Villas at Sonterra (156 units) in San Antonio, Texas, Silverleaf Villas (176 units) in Ft. Worth, Texas, Arbors at Denton (191 units of student housing)in Denton, Texas, Arbors at Sam Houston (228 units of student housing) in Huntsville, Texas, Arbors at Sam Houston II (192 units of student housing) in Huntsville, Texas, Westfield Apartments (136 units of student housing) in San Marcos, Texas, Arrowood Apartments (304 units) in Houston, Texas, Waterchase Apartments (134 units) in Dallas, Texas, Redbud Trails Apartments (150 units) in McKinney, Texas, Stone Creek Apartments (200 units) in Lewisville, Texas, Tall Timbers Apartments (256 units) in Houston, Texas, Hillcrest Apartments (298 units) in Ft. Worth, Texas, Heather Ridge Apartments (204 units) in Irving, Texas and Covington Creek Apartments (248 units) in Irving, Texas. During 2012, the Foundation acquired land in Austin, TX. The Foundation serves as the .01% general partner in The Waters at Willow Run, LP, a LIHTC tax-exempt bond project consisting of 242 units. The project was completed and placed in service during 2016. During 2014, the Foundation acquired land in Round Rock, TX. The Foundation serves as the .01% general partner in The Waters at Sunrise, LP, a LIHTC tax-exempt bond project consisting of 300 units. The project was completed and placed in service during 2016 and 2017.During 2016, the Foundation sold Ashton at Long Creek Apartments to a related party. The Foundation formed Waters at Longcreek, LP, a South Carolina Limited partnership to acquire and rehabilitate the property (formerly known as Ashton), using LIHTC tax-exempt bonds and HUD insured financing. The Foundation serves as the .01% general partner. The project was completed and placed in service during 2018 and 2019. During 2016, the Foundation sold Stoney Creek Apartments to a related party. The Foundation formed Waters at Berryhill, LP, a South Carolina Limited partnership to acquire and rehabilitate the property (formerly known as Stoney), using LIHTC equity,tax-exempt bonds and HUD insured financing. The Foundation serves as the .01% general partner. The project was completed and placed in service during 2018 and 2019. During 2015, the Foundation acquired land in Lincolnville, SC. The Foundation serves as the .01% general partner in The Waters at Magnolia Bay, LP, a LIHTC tax-exempt bond and HUD financed project consisting of 300 units. The Project was completed and placed in service during 2017 and 2016. During 2016, the Corporation formed Waters at St. James, LP (St. James), a South Carolina limited partnership, to develop 336 units of low and moderate income housing in Goosecreek, South Carolina. St. James is financed using a combination of tax-exempt bonds, a Freddie Mac mortgage and limited partner LIHTC equity. St. James was placed in service during 2017 and 2018. The Foundation serves as the .01% general partner in The Waters at St. James, LP. During 2016, 100% of the limited partner interest of Stonebriar Village of Plainview, Ltd., a Texas limited partnership was assigned to the Foundation. Subseque
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0418
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0100763143
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016400
IRS990/FeesForServicesAccountingGrp/TotalAmt016400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0321037
IRS990/FeesForServicesLegalGrp/TotalAmt0321037
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0658055
IRS990/FeesForServicesManagementGrp/TotalAmt0658055
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt043480
IRS990/FeesForServicesOtherGrp/TotalAmt043480
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt820.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt014056
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt17267
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt28807
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt360
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt42478
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt55577
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt62120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt76574
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Nguyen
IRS990/Form990PartVIISectionAGrp/PersonNm1Kent Foster
IRS990/Form990PartVIISectionAGrp/PersonNm2Wilfredo Saqueton
IRS990/Form990PartVIISectionAGrp/PersonNm3Bryan Market
IRS990/Form990PartVIISectionAGrp/PersonNm4Shelia Maness
IRS990/Form990PartVIISectionAGrp/PersonNm5Evan Nance
IRS990/Form990PartVIISectionAGrp/PersonNm6Mary Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert Lumpris
IRS990/Form990PartVIISectionAGrp/PersonNm8DANIEL FRENCH
IRS990/Form990PartVIISectionAGrp/PersonNm9Rev Jeffrey Dove
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD WHALEY
IRS990/Form990PartVIISectionAGrp/PersonNm11Michael Duffy
IRS990/Form990PartVIISectionAGrp/PersonNm12Alan Naul
IRS990/Form990PartVIISectionAGrp/PersonNm13Rachel Hayden
IRS990/Form990PartVIISectionAGrp/PersonNm14Ruth Ann McNeil
IRS990/Form990PartVIISectionAGrp/PersonNm15Amanda Popken
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01156709
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1360974
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2310035
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3166604
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4152311
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5142590
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6144312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7107879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt97500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt107500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt117500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt127500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt137500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt145000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt152500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt04411
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt85879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Dir of Dev & Acq
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO, Scty,Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Dir - Construction
IRS990/Form990PartVIISectionAGrp/TitleTxt4Dir-Human Resource
IRS990/Form990PartVIISectionAGrp/TitleTxt5Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt6Dir Property Mgmt
IRS990/Form990PartVIISectionAGrp/TitleTxt7Developer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9LOW INCOME REP
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14LOW INCOME REP
IRS990/Form990PartVIISectionAGrp/TitleTxt15Low Income Rep
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt012683978
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt03002277
IRS990/GrantAmt0784370
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0776870
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0776870
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07500
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt015800000
IRS990/GrossReceiptsAmt0106871837
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt014469
IRS990/InsuranceGrp/ProgramServicesAmt04621427
IRS990/InsuranceGrp/TotalAmt04635896
IRS990/IntangibleAssetsGrp/BOYAmt013295258
IRS990/IntangibleAssetsGrp/EOYAmt011828166
IRS990/InterestGrp/ManagementAndGeneralAmt0112552
IRS990/InterestGrp/ProgramServicesAmt027197765
IRS990/InterestGrp/TotalAmt027310317
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0914556
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0914556
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0300000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt0771
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0151395931
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0396229804
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0374158231
IRS990/LandBldgEquipCostOrOtherBssAmt0525554162
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03116022
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0450000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0400000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0209722753
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0182573928
IRS990/NetAssetsOrFundBalancesBOYAmt0-77512612
IRS990/NetAssetsOrFundBalancesEOYAmt0-76936320
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt012683978
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt012683978
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-77512612
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-76936320
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03375
IRS990/OccupancyGrp/TotalAmt03375
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0214453
IRS990/OfficeExpensesGrp/TotalAmt0214453
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt039576817
IRS990/OtherAssetsTotalGrp/EOYAmt041076982
IRS990/OtherChangesInNetAssetsAmt0-170000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt069037
IRS990/OtherEmployeeBenefitsGrp/TotalAmt069037
IRS990/OtherExpensesGrp/Desc0Property Salaries & Benefits
IRS990/OtherExpensesGrp/Desc1Property Utilities
IRS990/OtherExpensesGrp/Desc2Property Operating & Maint
IRS990/OtherExpensesGrp/Desc3Property Administrative
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03659
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1131004
IRS990/OtherExpensesGrp/ProgramServicesAmt011842919
IRS990/OtherExpensesGrp/ProgramServicesAmt18539189
IRS990/OtherExpensesGrp/ProgramServicesAmt28111794
IRS990/OtherExpensesGrp/ProgramServicesAmt36285725
IRS990/OtherExpensesGrp/TotalAmt011842919
IRS990/OtherExpensesGrp/TotalAmt18542848
IRS990/OtherExpensesGrp/TotalAmt28242798
IRS990/OtherExpensesGrp/TotalAmt36285725
IRS990/OtherLiabilitiesGrp/BOYAmt06563647
IRS990/OtherLiabilitiesGrp/EOYAmt010569597
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0399900
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02356778
IRS990/OtherSalariesAndWagesGrp/TotalAmt02756678
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt029949186
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt027748112
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050612
IRS990/PayrollTaxesGrp/TotalAmt050612
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02010976
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02126099
IRS990/PrincipalOfficerNm0Michael Nguyen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1533110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531310
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0Developer fee income
IRS990/ProgramServiceRevenueGrp/Desc1Other misc Income
IRS990/ProgramServiceRevenueGrp/Desc2Other tenant income
IRS990/ProgramServiceRevenueGrp/Desc3Property management fees
IRS990/ProgramServiceRevenueGrp/Desc4Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0830621
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1493908
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25534975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3863371
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt479432129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0830621
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1493908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25534975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3863371

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$439$529$89.9$121$118$3.28
2023Detailed filing. Detailed filing data is available for this year.$528$626$97.8$101$112$11.4
2022Detailed filing. Detailed filing data is available for this year.$541$626$85.0$98.0$106$8.20
2021Detailed filing. Detailed filing data is available for this year.$500$577$76.9$104$103$0.75
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$524$601$77.5$149$94.0$54.6
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$554$686$132$101$96.8$4.33
2018Detailed filing. Detailed filing data is available for this year.$464$590$126$65.0$68.2$3.22
2017Detailed filing. Detailed filing data is available for this year.$236$358$122$86.0$67.9$18.1
2016Detailed filing. Detailed filing data is available for this year.$222$362$140$66.9$65.9$0.97
2015Detailed filing. Detailed filing data is available for this year.$224$364$141$62.4$64.4$2.06
2014Summary only. Only limited summary data is available for this year.$226$366$140$97.9$65.2$32.7
2013Summary only. Only limited summary data is available for this year.$242$418$176$63.9$69.5$5.61
2012Summary only. Only limited summary data is available for this year.$247$420$174$59.0$70.2$11.2
2011Summary only. Only limited summary data is available for this year.$260$424$165$52.6$68.8$16.2