Civic Intelligence

Freed-Hardeman Housing Corporation

EIN 58-1396689 • 501(c)3 • Duluth, GA

Profile

Provide elderly affordable housing.

2405 Satellite Blvd 100Duluth, GA 30096

n/A

Siviq Scores

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

Liabilities / Assets

98th percentile

2.09x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

1.66x

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

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

Net Margin

60th percentile

10.0%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

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

Asset Growth

23rd percentile

-8.5%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

45th percentile

3.5%

Faster revenue growth than 45% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$665,669

Down $61,958 (-8.5%) from 2016

Liabilities

Down

$1,389,892

Down $145,424 (-9.5%) from 2016

Net Assets

Up

-$724,223

Up $83,466 (+10%) from 2016

Operations
Liabilities / Revenue94th percentileNet Margin60th percentile

Revenue

Up

$837,355

Up $28,252 (+3.5%) from 2016

Expenses

Up

$753,889

Up $13,777 (+1.9%) from 2016

Net Income

Up

$83,466

Up $14,475 (+21%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,093,368Liabilities 2011: $2,065,629Net Assets 2011: -$972,2612011Assets 2012: $1,008,566Liabilities 2012: $2,009,627Net Assets 2012: -$1,001,0612012Assets 2013: $927,490Liabilities 2013: $1,887,467Net Assets 2013: -$959,9772013Assets 2014: $868,200Liabilities 2014: $1,784,584Net Assets 2014: -$916,3842014Assets 2015: $789,216Liabilities 2015: $1,665,896Net Assets 2015: -$876,6802015Assets 2016: $727,627Liabilities 2016: $1,535,316Net Assets 2016: -$807,6892016Assets 2017: $665,669Liabilities 2017: $1,389,892Net Assets 2017: -$724,2232017

Highlighted filing

2017

Assets$665,669
Liabilities$1,389,892
Net Assets-$724,223
Open 2017 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.0M$500K$0Expenses 2011: $728,3082011Expenses 2012: $783,8492012Expenses 2013: $728,9342013Revenue 2014: $800,209Expenses 2014: $756,616Net Income 2014: $43,5932014Revenue 2015: $810,197Expenses 2015: $770,493Net Income 2015: $39,7042015Revenue 2016: $809,103Expenses 2016: $740,112Net Income 2016: $68,9912016Revenue 2017: $837,355Expenses 2017: $753,889Net Income 2017: $83,4662017

Highlighted filing

2017

Revenue$837,355
Expenses$753,889
Net Income$83,466
Open 2017 Filing

Filings

Most recent year

2017 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$665,669
Liabilities
$1,389,892
Net assets
-$724,223
Revenue
$837,355
Expenses
$753,889
Net income
$83,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.39$0.72$0.84$0.75$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.73$1.54$0.81$0.81$0.74$0.07
2015Summary only. Only limited summary data is available for this year.$0.79$1.67$0.88$0.81$0.77$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.87$1.78$0.92$0.80$0.76$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$1.89$0.96$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$2.01$1.00$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$2.07$0.97$0.73
Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 24, 2016
Return Version
2015v2.1
Gross Receipts
$809,103
Mission and Program Overview

Mission

Provide elderly affordable housing.

Provide housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$327,479$352,644▲ $25,165
Land, Buildings, and Equipment, Net$386,637$307,422▼ $79,215
Cash and Non-Interest-Bearing Accounts$27,757$24,281▼ $3,476
Prepaid Expenses and Deferred Charges$20,208$17,119▼ $3,089
Accounts Receivable$3,964$3,299▼ $665
Total Assets$789,216$727,627▼ $61,589
Other Assets Total$23,171$22,862▼ $309
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,604,538$1,477,838▼ $126,700
Accounts Payable and Accrued Expenses$40,588$37,271▼ $3,317
Other Liabilities$20,237$19,499▼ $738
Deferred Revenue$533$708▲ $175
Total Liabilities$1,665,896$1,535,316▼ $130,580
Net Assets / Fund Balance
Unrestricted Net Assets$-876,680$-807,689▲ $68,991
Total Net Assets Fund Balance$-876,680$-807,689▲ $68,991
Total Liabilities and Net Assets / Fund Balance$789,216$727,627▼ $61,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$226,853$2,599,661$2,826,514
Land$70,000-$70,000
Other Land Buildings$2,598$55,468$58,066
Equipment$7,971$24,240$32,211
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Dr Joe a WileyPresident
Dwayne H Wilson PhdVice President
Dr James O ButtsBoard Member
Dr Larry BloomingburgBoard Member
Dr Michael CravensBoard Member
John Edward TalbottBoard Member
Lisa BeeneBoard Member
Mynonne TateBoard Member
Richard N Taylor JrSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$805,706
Investment Income
$851
Other Revenue
$2,546
Change in Net Assets
$68,991

Audited Revenue Reconciliation

Revenue per Audited Statements
$809,103
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$809,103
Total Revenue per Form 990
$809,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,826
Salaries, Compensation, and Employee Benefits$174,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$370,349--$370,349
Other Salaries and Wages$127,673--$127,673
Depreciation Depletion$85,073--$85,073
Fees for Services Management-$48,129-$48,129
Other Employee Benefits$31,971--$31,971
Insurance$29,263--$29,263
Fees for Services Accounting$850$14,510-$15,360
Office Expenses$11,392--$11,392
Payroll Taxes$8,781--$8,781
Pension Plan Contributions$5,861--$5,861
Information Technology$3,466--$3,466
Conferences and Meetings$835--$835
Travel$823--$823
Advertising$469--$469
Other Expenses$42--$42
Total Functional Expenses$677,473$62,639$0$740,112

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$740,112
Total Expenses per Audited Statements$740,112
Total Expenses per Form 990$740,112
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
Deposits Held in Trust$19,499
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization appoints mid-america apartment mgnt company, the management company, as exclusive agent for the management of housing development consisting of land, buildings, and other improvements. The duties of the management company include, but are not limited to, management input during hud processing, marketing, collections of rent and other receipts, enforcement of lease, repairs and maintenance, utilities, and services.”

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

“The organization documents meetings held by the governing body. There are no committees.”

Form 990, Part VI, Section B, Line 11

“The president of the management company and an officer of the board will review the form prior to filing. The board is provided with a copy subsequent to filing of the return.”

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

“Conflicts are annually disclosed and if necessary discussed at board meetings.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Freed-hardeman Housing Corporation
EIN
58-1396689
Phone
6783302000
Address
2405 SATELLITE BLVD 100, DULUTH, GA 30096
Doing Business As
Heritage Towers

Signing Officer

Name
Richard N Taylor
Title
Secretary
Phone
6783302000
Signed
2016-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard N Taylor
Formed
1982
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 GALLERIA PKWY SE STE 1700, ATLANTA, GA 30339-5946
Preparer
Shannon Macarthur
Phone
7709558600
Supplemental Narrative

Additional Explanations

FORM 990, PART 1, LINE 5 AND PART V, LINE 2A:

“The entity does not have any employees. Rather all individuals working for the entity are employees of the management company. The amounts paid to these individuals by the management company are shown as salaries on part ix, line 7.”

FORM 990, PART XII, LINE 2C:

“The president of the management company will review the audited financial statements and the secretary of the board will review the audited financial statements prior to filing. The board is provided with a copy subsequent to issuance of the audited financial statements.”

Financial Statement Notes

PART X, LINE 2:

“Management evaluated the property's tax positions and concluded that the property had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions on accounting for uncertainty in income taxes.”

Raw XML AppendixShowing 400 of 452 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/BOYAmt040588
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt037271
IRS990/AccountsReceivableGrp/BOYAmt03964
IRS990/AccountsReceivableGrp/EOYAmt03299
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING FOR THE ELDERLY.
IRS990/AdvertisingGrp/ProgramServicesAmt0469
IRS990/AdvertisingGrp/TotalAmt0469
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MID-AMERICA APT MGMT CO
IRS990/BooksInCareOfDetail/PhoneNum06783302000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02405 SATELLITE BLVD STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0DULUTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030096
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IRS990/CashNonInterestBearingGrp/BOYAmt027757
IRS990/CashNonInterestBearingGrp/EOYAmt024281
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0835
IRS990/ConferencesMeetingsGrp/TotalAmt0835
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0851
IRS990/CYOtherExpensesAmt0565826
IRS990/CYOtherRevenueAmt02546
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IRS990/CYRevenuesLessExpensesAmt068991
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt085073
IRS990/DepreciationDepletionGrp/TotalAmt085073
IRS990/Desc0OPERATION AND MAINTENANCE OF A 75 UNIT APARTMENT COMPLEX FOR THE ELDERLY AND SELF-SUFFICIENT HANDICAPPED IN ACCORDANCE WITH THE DEPT OF HOUSING AND URBAN DEVELOPMENT SEC. 202 PROGRAM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0HERITAGE TOWERS
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0677473
IRS990/FamilyOrBusinessRlnInd00
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IRS990/FederalGrantAuditRequiredInd01
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IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0850
IRS990/FeesForServicesAccountingGrp/TotalAmt015360
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt048129
IRS990/FeesForServicesManagementGrp/TotalAmt048129
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD N TAYLOR JR
IRS990/Form990PartVIISectionAGrp/PersonNm1DR JOE A WILEY
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA BEENE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN EDWARD TALBOTT
IRS990/Form990PartVIISectionAGrp/PersonNm4DR MICHAEL CRAVENS
IRS990/Form990PartVIISectionAGrp/PersonNm5MYNONNE TATE
IRS990/Form990PartVIISectionAGrp/PersonNm6DR JAMES O BUTTS
IRS990/Form990PartVIISectionAGrp/PersonNm7DR LARRY BLOOMINGBURG
IRS990/Form990PartVIISectionAGrp/PersonNm8DWAYNE H WILSON PHD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/GrantsToIndividualsInd00
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IRS990/LoanOutstandingInd00
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd00
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/TotalAmt011392
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt031971
IRS990/OtherExpensesGrp/Desc0OTHER RENTING EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
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IRS990/OtherExpensesGrp/ProgramServicesAmt1228
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0RICHARD N TAYLOR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0805706
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0805706
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01439
IRS990/PYOtherExpensesAmt0599635
IRS990/PYOtherRevenueAmt05228
IRS990/PYProgramServiceRevenueAmt0803530
IRS990/PYRevenuesLessExpensesAmt039704
IRS990/PYSalariesCompEmpBnftPaidAmt0170858
IRS990/PYTotalExpensesAmt0770493
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0810197
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt068991
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0805706
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327479
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0352644
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0851
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01439
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01328
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08352
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0805706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0803530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0793590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0768690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0746697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03918213
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt02546
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt05228
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt05583
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt05274
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt04823
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt023454
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0851
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01439
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08352
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013006
IRS990ScheduleA/InvestmentIncomeCYPct00.00330
IRS990ScheduleA/InvestmentIncomePYPct00.00370
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99330
IRS990ScheduleA/PublicSupportPY509Pct00.99370
IRS990ScheduleA/PublicSupportTotal509Amt03928300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt03384
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt02866
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01164
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05953
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt013367
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt03384
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt02866
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01164
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt05953
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt013367
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0808252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0808758
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0799173
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0773964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0751520
IRS990ScheduleA/Total509Grp/TotalAmt03941667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0809103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0810197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0800209
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0775292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0759872
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03954673
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0226853
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02599661
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02826514
IRS990ScheduleD/EquipmentGrp/BookValueAmt07971
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024240
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032211
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0740112
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt070000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02598
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055468
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt058066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0809103
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT EVALUATED THE PROPERTY'S TAX POSITIONS AND CONCLUDED THAT THE PROPERTY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0307422
IRS990ScheduleD/TotalExpensesPerForm990Amt0740112
IRS990ScheduleD/TotalLiabilityAmt019499
IRS990ScheduleD/TotalRevenuePerForm990Amt0809103
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0809103
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0740112
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ENTITY DOES NOT HAVE ANY EMPLOYEES. RATHER ALL INDIVIDUALS WORKING FOR THE ENTITY ARE EMPLOYEES OF THE MANAGEMENT COMPANY. THE AMOUNTS PAID TO THESE INDIVIDUALS BY THE MANAGEMENT COMPANY ARE SHOWN AS SALARIES ON PART IX, LINE 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION APPOINTS MID-AMERICA APARTMENT MGNT COMPANY, THE MANAGEMENT COMPANY, AS EXCLUSIVE AGENT FOR THE MANAGEMENT OF HOUSING DEVELOPMENT CONSISTING OF LAND, BUILDINGS, AND OTHER IMPROVEMENTS. THE DUTIES OF THE MANAGEMENT COMPANY INCLUDE, BUT ARE NOT LIMITED TO, MANAGEMENT INPUT DURING HUD PROCESSING, MARKETING, COLLECTIONS OF RENT AND OTHER RECEIPTS, ENFORCEMENT OF LEASE, REPAIRS AND MAINTENANCE, UTILITIES, AND SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOCUMENTS MEETINGS HELD BY THE GOVERNING BODY. THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT OF THE MANAGEMENT COMPANY AND AN OFFICER OF THE BOARD WILL REVIEW THE FORM PRIOR TO FILING. THE BOARD IS PROVIDED WITH A COPY SUBSEQUENT TO FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS ARE ANNUALLY DISCLOSED AND IF NECESSARY DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND PROCEDURES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PRESIDENT OF THE MANAGEMENT COMPANY WILL REVIEW THE AUDITED FINANCIAL STATEMENTS AND THE SECRETARY OF THE BOARD WILL REVIEW THE AUDITED FINANCIAL STATEMENTS PRIOR TO FILING. THE BOARD IS PROVIDED WITH A COPY SUBSEQUENT TO ISSUANCE OF THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART 1, LINE 5 AND PART V, LINE 2A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0789216
IRS990/TotalAssetsEOYAmt0727627
IRS990/TotalAssetsGrp/BOYAmt0789216
IRS990/TotalAssetsGrp/EOYAmt0727627
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062639
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0677473
IRS990/TotalFunctionalExpensesGrp/TotalAmt0740112
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01665896
IRS990/TotalLiabilitiesEOYAmt01535316
IRS990/TotalLiabilitiesGrp/BOYAmt01665896
IRS990/TotalLiabilitiesGrp/EOYAmt01535316
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-876680
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-807689
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0677473
IRS990/TotalProgramServiceRevenueAmt0805706
IRS990/TotalReportableCompFromOrgAmt00

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