Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 58-1394454 • 501(c)3 • Morehead City, NC
Profile
The not for profit corporation was organized to own and operate a 80 unit apartment community in morehead city, nc known as ekklesia apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreemeents, which govern the operation of the community, with the federal housing administration section of hud. A housing assistance payment contract (hap contract) provides rent assistance for low income families (or persons) as provided by the section 8 program of the national housing act.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Assets
Up$1,167,290
Up $72,791 (+6.7%) from 2023
Liabilities
Down$1,185,355
Down $207,708 (-15%) from 2023
Net Assets
Up-$18,065
Up $280,499 (+94%) from 2023
Revenue
Up$772,310
Up $59,695 (+8.4%) from 2023
Expenses
Down$626,645
Down $3,291 (-0.5%) from 2023
Net Income
Up$145,665
Up $62,986 (+76%) from 2023
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The not for profit corporation was organized to own and operate a 80 unit apartment community in morehead city, nc known as ekklesia apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreemeents, which govern the operation of the community, with the federal housing administration section of hud. A housing assistance payment contract (hap contract) provides rent assistance for low income families (or persons) as provided by the section 8 program of the national housing act.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $582,105 | $601,715 | ▲ $19,610 |
| Land, Buildings, and Equipment, Net | $489,447 | $494,624 | ▲ $5,177 |
| Cash and Non-Interest-Bearing Accounts | $12,227 | $13,999 | ▲ $1,772 |
| Accounts Receivable | $3,658 | $13,058 | ▲ $9,400 |
| Intangible Assets | $8,252 | $7,836 | ▼ $416 |
| Prepaid Expenses and Deferred Charges | $3,636 | $1,426 | ▼ $2,210 |
| Total Assets | $1,131,378 | $1,167,290 | ▲ $35,912 |
| Other Assets Total | $32,053 | $34,632 | ▲ $2,579 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,231,318 | $1,120,702 | ▼ $110,616 |
| Other Liabilities | $44,733 | $43,120 | ▼ $1,613 |
| Accounts Payable and Accrued Expenses | $15,634 | $19,625 | ▲ $3,991 |
| Deferred Revenue | $3,423 | $1,908 | ▼ $1,515 |
| Total Liabilities | $1,295,108 | $1,185,355 | ▼ $109,753 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-163,730 | $-18,065 | ▲ $145,665 |
| Total Net Assets Fund Balance | $-163,730 | $-18,065 | ▲ $145,665 |
| Total Liabilities and Net Assets / Fund Balance | $1,131,378 | $1,167,290 | ▲ $35,912 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $408,932 | $2,455,799 | $2,864,731 |
| Leasehold Improvements | $19,170 | $152,234 | $171,404 |
| Land | $66,500 | - | $66,500 |
| Equipment | $22 | $58,900 | $58,922 |
| Investment Program Related Org | $8 | - | - |
| Name | Title |
|---|---|
| John Pollock | Former President |
| Dave Kern | President |
| Tim Bowers-young | Former Vice-president |
| Mary Lee Mackay | Vice President |
| Lynn Kroener | Former Treasurer |
| Barb Chambers | Member |
| Barbara Mccreary | Member |
| Carol Eaton | Member |
| Debbie Butcher | Member |
| Derrell Williams | Member |
| Gail Dengler | Member |
| Gwen Joyner | Member |
| Jessica Avery | Member |
| Noel Costa | Member |
| Vivian Marshall | Member |
| Wendy Lawson | Member |
| Janice Adkinson | Secretary |
| Janice Steinberg | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $626,645 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $396,541 | - | - | $396,541 |
| Other Expenses | $13,039 | $96,954 | - | $109,993 |
| Fees for Services Management | - | $57,995 | - | $57,995 |
| Depreciation Depletion | $30,390 | - | - | $30,390 |
| Office Expenses | - | $17,222 | - | $17,222 |
| Fees for Services Accounting | - | $6,782 | - | $6,782 |
| Information Technology | - | $3,258 | - | $3,258 |
| Insurance | $2,988 | - | - | $2,988 |
| Travel | $972 | - | - | $972 |
| Conferences and Meetings | - | $418 | - | $418 |
| Fees for Services Legal | - | $86 | - | $86 |
| Total Functional Expenses | $443,930 | $182,715 | $0 | $626,645 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $626,645 |
| Total Expenses per Audited Statements | $622,434 |
| Expenses per Audited Statements | $622,167 |
| Expenses Not Reported on Financial Statements | $4,478 |
| Other Expense Adjustments | $4,478 |
| Expenses Not Reported on Form 990 | $267 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits | $33,941 |
| Accrued Wages Payable | $8,175 |
| Accrued Payroll Taxes Payable | $1,004 |
“Ekklesia, inc. Is managed by community management corporation, a professional property management company. Community mangement corporation has a project owner's & management certification for multifamily housing projects with the us department of housing and urban development. Under this certification hud has aproved community management corporation to manage the ekklesia apartments property. 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.”
“The sponsoring organizations of first baptist church, first presbyterian church, st. Andrews episcopal church and first united methodist church, all located in morehead city, nc, each can appoint up to three directors of the corporation. The directors can then appoint up to three at large directors.”
“The sponsoring organizations of first baptist church, first presbyterian church, st. Andrews episcopal church and first united methodist church, all located in morehead city, nc, each can appoint up to three directors of the corporation. The directors can then appoint up to three at large directors.”
“The outside independent accountant fowards a draft of form 990 to the management company, which in turn disperses a complete copy of the 990 to the board of directors for thier review. Upon board approval, the board president notifies the management company to communicate approval to the outside accountant, which issues a final return for the board president to sign and file.”
“The organization does not compensate officers or directors (see page 7, part vii). If the organization revises their position on compensation of officers and directors, an additional policy will be drafted at that time.”
“Form 990 and all related financial and policy information are made available to the public upon written request.”
“Hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.”
“Overview of audit function included on page 9 in current year other revenue: 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.”
“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.”
“Book to tax amortization expense difference 267.”
“Book to tax depreciation expense difference 4,478.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 19625 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3658 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 13058 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 80 UNIT APARTMENT COMMUNITY IN MOREHEAD CITY, NC KNOWN AS EKKLESIA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMEENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. |
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| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LAURA GRIMES |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3367650424 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 25168 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WINSTONSALEM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 271145168 |
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| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 13999 |
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| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 418 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 418 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
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| IRS990/CYContributionsGrantsAmt | 0 | 485756 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 626645 |
| IRS990/CYOtherRevenueAmt | 0 | 1324 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 145665 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 626645 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 772310 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1908 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 30390 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 30390 |
| IRS990/Desc | 0 | THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 80 UNIT APARTMENT COMMUNITY IN MOREHEAD CITY, NC KNOWN AS EKKLESIA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMEENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 443930 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6782 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6782 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 86 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 86 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 57995 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 57995 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 0.50 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOHN POLLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TIM BOWERS-YOUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LYNN KROENER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BARB CHAMBERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GAIL DENGLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NOEL COSTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JANICE STEINBERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BARBARA MCCREARY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JANICE ADKINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GWEN JOYNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | VIVIAN MARSHALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CAROL EATON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MARY LEE MACKAY |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | DERRELL WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | DEBBIE BUTCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JESSICA AVERY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | WENDY LAWSON |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | MEMBER |
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| IRS990/MissionDesc | 0 | THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 80 UNIT APARTMENT COMMUNITY IN MOREHEAD CITY, NC KNOWN AS EKKLESIA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMEENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 127 |
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