Civic Intelligence

Agape Retirement Home Inc

EIN 58-1522484 • 501(c)3 • Valdese, NC

Profile

To operate a 30-unit apartment complex, located in valdese, north carolina under section 207 pursuant to section 223(f) of the national housing act of 1959.

222 NW Church StreetValdese, NC 28690

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.80x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

2.83x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

58th percentile

2.0%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

57th percentile

3.9%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Up

$492,454

Up $21,770 (+4.6%) from 2024

Liabilities

Down

$887,355

Down $14,730 (-1.6%) from 2024

Net Assets

Up

-$394,901

Up $36,500 (+8.5%) from 2024

Revenue

Up

$313,209

Up $11,691 (+3.9%) from 2024

Expenses

Up

$276,709

Up $96 (+0.0%) from 2024

Net Income

Up

$36,500

Up $11,595 (+47%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $687,132Liabilities 2011: $1,183,457Net Assets 2011: -$496,3252011Assets 2012: $663,476Liabilities 2012: $1,171,148Net Assets 2012: -$507,6722012Assets 2013: $629,353Liabilities 2013: $1,157,880Net Assets 2013: -$528,5272013Assets 2014: $587,599Liabilities 2014: $1,145,280Net Assets 2014: -$557,6812014Assets 2015: $556,928Liabilities 2015: $1,135,744Net Assets 2015: -$578,8162015Assets 2016: $523,071Liabilities 2016: $1,113,747Net Assets 2016: -$590,6762016Assets 2017: $430,703Liabilities 2017: $1,024,861Net Assets 2017: -$594,1582017Assets 2018: $483,866Liabilities 2018: $1,064,679Net Assets 2018: -$580,8132018Assets 2019: $477,518Liabilities 2019: $1,045,887Net Assets 2019: -$568,3692019Assets 2020: $465,361Liabilities 2020: $1,022,015Net Assets 2020: -$556,6542020Assets 2021: $458,409Liabilities 2021: $985,846Net Assets 2021: -$527,4372021Assets 2022: $463,797Liabilities 2022: $960,363Net Assets 2022: -$496,5662022Assets 2023: $473,581Liabilities 2023: $929,887Net Assets 2023: -$456,3062023Assets 2024: $470,684Liabilities 2024: $902,085Net Assets 2024: -$431,4012024Assets 2025: $492,454Liabilities 2025: $887,355Net Assets 2025: -$394,9012025

Highlighted filing

2025

Assets$492,454
Liabilities$887,355
Net Assets-$394,901

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $229,137Expenses 2011: $247,100Net Income 2011: -$17,9632011Revenue 2012: $244,178Expenses 2012: $255,525Net Income 2012: -$11,3472012Revenue 2013: $241,150Expenses 2013: $262,005Net Income 2013: -$20,8552013Revenue 2014: $246,448Expenses 2014: $275,602Net Income 2014: -$29,1542014Revenue 2015: $253,699Expenses 2015: $274,834Net Income 2015: -$21,1352015Revenue 2016: $255,394Expenses 2016: $267,254Net Income 2016: -$11,8602016Revenue 2017: $256,037Expenses 2017: $259,519Net Income 2017: -$3,4822017Revenue 2018: $265,030Expenses 2018: $251,685Net Income 2018: $13,3452018Revenue 2019: $271,104Expenses 2019: $258,660Net Income 2019: $12,4442019Revenue 2020: $274,346Expenses 2020: $262,631Net Income 2020: $11,7152020Revenue 2021: $276,138Expenses 2021: $246,921Net Income 2021: $29,2172021Revenue 2022: $280,309Expenses 2022: $249,438Net Income 2022: $30,8712022Revenue 2023: $289,956Expenses 2023: $249,696Net Income 2023: $40,2602023Revenue 2024: $301,518Expenses 2024: $276,613Net Income 2024: $24,9052024Revenue 2025: $313,209Expenses 2025: $276,709Net Income 2025: $36,5002025

Highlighted filing

2025

Revenue$313,209
Expenses$276,709
Net Income$36,500

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.49$0.89$0.39$0.31$0.28$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.90$0.43$0.30$0.28$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.47$0.93$0.46$0.29$0.25$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.96$0.50$0.28$0.25$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.99$0.53$0.28$0.25$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.47$1.02$0.56$0.27$0.26$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.48$1.05$0.57$0.27$0.26$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.48$1.06$0.58$0.27$0.25$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.43$1.02$0.59$0.26$0.26$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.52$1.11$0.59$0.26$0.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.56$1.14$0.58$0.25$0.27$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.59$1.15$0.56$0.25$0.28$0.03
2013Summary only. Only limited summary data is available for this year.$0.63$1.16$0.53$0.24$0.26$0.02
2012Summary only. Only limited summary data is available for this year.$0.66$1.17$0.51$0.24$0.26$0.01
2011Summary only. Only limited summary data is available for this year.$0.69$1.18$0.50$0.23$0.25$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 2, 2026
Return Version
2024v5.5
Gross Receipts
$313,209
Mission and Program Overview

Mission

To operate a 30-unit apartment complex, located in valdese, north carolina under section 207 pursuant to section 223(f) of the national housing act of 1959.

To operate a 30-unit apartment complex for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$223,402$215,812▼ $7,590
Intangible Assets$47,065$44,556▼ $2,509
Cash and Non-Interest-Bearing Accounts$7,828$24,788▲ $16,960
Prepaid Expenses and Deferred Charges$2,755$2,104▼ $651
Accounts Receivable$11$134▲ $123
Total Assets$470,684$492,454▲ $21,770
Other Assets Total$189,623$205,060▲ $15,437
Liabilities
Mortgage Notes Payable Secured by Investment Property$877,347$845,356▼ $31,991
Accounts Payable and Accrued Expenses$8,476$25,492▲ $17,016
Other Liabilities$16,262$16,507▲ $245
Total Liabilities$902,085$887,355▼ $14,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-431,401$-394,901▲ $36,500
Total Net Assets Fund Balance$-431,401$-394,901▲ $36,500
Total Liabilities and Net Assets / Fund Balance$470,684$492,454▲ $21,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$133,768$903,621$1,037,389
Land$59,920-$59,920
Equipment$0$53,184$53,184
Other Land Buildings$22,124$23,850$45,974
Other Assets Org$14,517--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ann MullisPresident
Roy SweezyVice President
Ann BlackwellDirector
Cindy StephensDirector
Gary MastDirector
Jeff FarrahDirector
Jerry MurrayDirector
Katherine FletcherDirector
Susan StevensonDirector
Woody PoorOutgoing Treasurer
Pam PonsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$207,227
Program Service Revenue
$105,848
Investment Income
$134
Other Revenue
$0
Change in Net Assets
$36,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$313,209
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$313,209
Total Revenue per Form 990
$313,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$276,709
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$33,029--$33,029
All Other Expenses$24,237$7,704-$31,941
Fees for Services Management$22,771--$22,771
Insurance$21,738--$21,738
Other Expenses$17,262--$17,262
Depreciation Depletion$10,099--$10,099
Office Expenses$9,495--$9,495
Fees for Services Legal-$7,720-$7,720
Occupancy$7,590--$7,590
Conferences and Meetings$1,126--$1,126
Total Functional Expenses$261,285$15,424$0$276,709

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$276,709
Total Expenses per Audited Statements$276,709
Total Expenses per Form 990$276,709
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$11,987
Accrued Interest$2,705
Accrued Management Fee$1,815
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The board of directors has delegated the management of the rental apartments to residential property management, inc. The apartment complex for low-income and elderly individuals is regulated by u.s. Department of housing & urban development as to rent charges and operating methods. Residential property management, inc. Was chosen due to its experience in management under these guidelines.

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

Before filing, form 990 is reviewed by the president of rpm, which manages the organization.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Agape Retirement Home Inc
EIN
58-1522484
Phone
3367241000
Address
222 NW CHURCH STREET, VALDESE, NC 28690

Signing Officer

Name
Ann Mullis
Title
Chairman
Phone
3367241000
Signed
2026-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Mullis
Formed
1985
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Casey H Patterson
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Misc administrative expenses: program service expenses 0. Management and general expenses 7,704. Fundraising expenses 0. Total expenses 7,704. Heating and cooling repairs and maintenance: program service expenses 7,005. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,005. Payroll tax reimbursement: program service expenses 5,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,088. Mortgage insurance premiums: program service expenses 3,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,906. Garbage & trash removal: program service expenses 2,751. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,751. Snow removal: program service expenses 2,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,400. Other renting expenses: program service expenses 1,173. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,173. Security contract: program service expenses 1,034. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,034. Misc taxes, licenses, permits: program service expenses 880. Management and general expenses 0. Fundraising expenses 0. Total expenses 880.

Financial Statement Notes

PART X, LINE 2:

It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for fiscal year 2025.

Raw XML AppendixShowing 400 of 444 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.

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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE A 30-UNIT APARTMENT COMPLEX, LOCATED IN VALDESE, NORTH CAROLINA UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT OF 1959.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0877347
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0845356
IRS990/NetAssetsOrFundBalancesBOYAmt0-431401
IRS990/NetAssetsOrFundBalancesEOYAmt0-394901
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-431401
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-394901
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt07590
IRS990/OccupancyGrp/TotalAmt07590
IRS990/OfficeExpensesGrp/ProgramServicesAmt09495
IRS990/OfficeExpensesGrp/TotalAmt09495
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0189623
IRS990/OtherAssetsTotalGrp/EOYAmt0205060
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1MANAGER SALARY REIMBURS
IRS990/OtherExpensesGrp/Desc2GENERAL REPAIRS & MAINT
IRS990/OtherExpensesGrp/Desc3SERVICE COORDINATOR
IRS990/OtherExpensesGrp/ProgramServicesAmt044939
IRS990/OtherExpensesGrp/ProgramServicesAmt138221
IRS990/OtherExpensesGrp/ProgramServicesAmt230778
IRS990/OtherExpensesGrp/ProgramServicesAmt317262
IRS990/OtherExpensesGrp/TotalAmt044939
IRS990/OtherExpensesGrp/TotalAmt138221
IRS990/OtherExpensesGrp/TotalAmt230778
IRS990/OtherExpensesGrp/TotalAmt317262
IRS990/OtherLiabilitiesGrp/BOYAmt016262
IRS990/OtherLiabilitiesGrp/EOYAmt016507
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02755
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02104
IRS990/PrincipalOfficerNm0ANN MULLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING RE
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0102533
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13048
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0102533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13048
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2267
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0204458
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0138
IRS990/PYOtherExpensesAmt0276613
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt096922
IRS990/PYRevenuesLessExpensesAmt024905
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0276613
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0301518
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt036500
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0105848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0207227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0204458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0196847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0196630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0198644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01003806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0444
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0454331
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt01003806
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0207227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0204458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0196847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0196630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0198644
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01003806
IRS990ScheduleA/TotalSupportAmt01004250
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0133768
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0903621
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01037389
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053184
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053184
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0276709
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt059920
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059920
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025369
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1163659
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21515
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt314517
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022124
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023850
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MANAGEMENT FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0313209
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR FISCAL YEAR 2025.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0215812
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0205060
IRS990ScheduleD/TotalExpensesPerForm990Amt0276709
IRS990ScheduleD/TotalLiabilityAmt016507
IRS990ScheduleD/TotalRevenuePerForm990Amt0313209
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0313209
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0276709
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO RESIDENTIAL PROPERTY MANAGEMENT, INC. THE APARTMENT COMPLEX FOR LOW-INCOME AND ELDERLY INDIVIDUALS IS REGULATED BY U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. RESIDENTIAL PROPERTY MANAGEMENT, INC. WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE FILING, FORM 990 IS REVIEWED BY THE PRESIDENT OF RPM, WHICH MANAGES THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISC ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,704. HEATING AND COOLING REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 7,005. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,005. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 5,088. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,088. MORTGAGE INSURANCE PREMIUMS: PROGRAM SERVICE EXPENSES 3,906. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,906. GARBAGE & TRASH REMOVAL: PROGRAM SERVICE EXPENSES 2,751. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,751. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 2,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,400. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 1,173. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,173. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 1,034. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,034. MISC TAXES, LICENSES, PERMITS: PROGRAM SERVICE EXPENSES 880. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 880.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0470684
IRS990/TotalAssetsEOYAmt0492454
IRS990/TotalAssetsGrp/BOYAmt0470684
IRS990/TotalAssetsGrp/EOYAmt0492454
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0207227
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015424
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0261285
IRS990/TotalFunctionalExpensesGrp/TotalAmt0276709
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0902085
IRS990/TotalLiabilitiesEOYAmt0887355
IRS990/TotalLiabilitiesGrp/BOYAmt0902085
IRS990/TotalLiabilitiesGrp/EOYAmt0887355
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-431401
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-394901
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0261285
IRS990/TotalProgramServiceRevenueAmt0105848
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0134
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0313209
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010

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