Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
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
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| 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 | - | - |
| Name | Title |
|---|---|
| Ann Mullis | President |
| Roy Sweezy | Vice President |
| Ann Blackwell | Director |
| Cindy Stephens | Director |
| Gary Mast | Director |
| Jeff Farrah | Director |
| Jerry Murray | Director |
| Katherine Fletcher | Director |
| Susan Stevenson | Director |
| Woody Poor | Outgoing Treasurer |
| Pam Pons | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $276,709 |
| 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 |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $11,987 |
| Accrued Interest | $2,705 |
| Accrued Management Fee | $1,815 |
“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.”
“Before filing, form 990 is reviewed by the president of rpm, which manages the organization.”
“The organization's governing documents are available for public inspection upon request.”
“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.”
“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.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 8476 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 25492 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 11 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 134 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO OPERATE A 30-UNIT APARTMENT COMPLEX FOR THE ELDERLY. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 7704 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 24237 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 31941 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | RESIDENTIAL PROPERTY MANAGEMENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3367241000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1105 BROOKSTOWN AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WINSTONSALEM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27101 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 7828 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 24788 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 1126 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1126 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 207227 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 134 |
| IRS990/CYOtherExpensesAmt | 0 | 276709 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 105848 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 36500 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 276709 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 313209 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 10099 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 10099 |
| IRS990/Desc | 0 | THIRTY HOUSING UNITS ARE PROVIDED TO ELDERLY PERSONS AS DEFINED IN SECTION 207 OF THE NATIONAL HOUSING ACT. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 261285 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 7720 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7720 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 22771 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 22771 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| 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 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| 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 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ANN MULLIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROY SWEEZY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAM PONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WOODY POOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SUSAN STEVENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CINDY STEPHENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JEFF FARRAH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JERRY MURRAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | GARY MAST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KATHERINE FLETCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ANN BLACKWELL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| 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/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | OUTGOING TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 207227 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 313209 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 21738 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 21738 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 47065 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 44556 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 33029 |
| IRS990/InterestGrp/TotalAmt | 0 | 33029 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 134 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 134 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 980655 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 223402 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 215812 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1196467 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 877347 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 845356 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -431401 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -394901 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -431401 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -394901 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 7590 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 7590 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9495 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9495 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 189623 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 205060 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTS |
| IRS990/OtherExpensesGrp/Desc | 1 | MANAGER SALARY REIMBURS |
| IRS990/OtherExpensesGrp/Desc | 2 | GENERAL REPAIRS & MAINT |
| IRS990/OtherExpensesGrp/Desc | 3 | SERVICE COORDINATOR |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 44939 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 38221 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 30778 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 17262 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 44939 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 38221 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 30778 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 17262 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 16262 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 16507 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2755 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2104 |
| IRS990/PrincipalOfficerNm | 0 | ANN MULLIS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TENANT RENTAL PAYMENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LAUNDRY AND VENDING RE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 102533 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 3048 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 267 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 102533 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 3048 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 267 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 204458 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 138 |
| IRS990/PYOtherExpensesAmt | 0 | 276613 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 96922 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 24905 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 276613 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 301518 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 36500 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 105848 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 207227 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 204458 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 196847 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 196630 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 198644 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1003806 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 134 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 138 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 95 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 39 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 38 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 444 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 454331 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1003806 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 207227 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 204458 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 196847 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 196630 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 198644 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1003806 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1004250 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 133768 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 903621 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1037389 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 53184 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 53184 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 276709 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 59920 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 59920 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 25369 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 163659 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 1515 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 14517 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | MORTGAGE ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESERVE FOR REPLACEMENT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | RESIDUAL RECEIPTS RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 22124 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 23850 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 45974 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1815 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 11987 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 2705 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED MANAGEMENT FEE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED INTEREST |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 313209 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 215812 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 205060 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 276709 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 16507 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 313209 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 313209 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 276709 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BEFORE FILING, FORM 990 IS REVIEWED BY THE PRESIDENT OF RPM, WHICH MANAGES THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 470684 |
| IRS990/TotalAssetsEOYAmt | 0 | 492454 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 470684 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 492454 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 207227 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 15424 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 261285 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 276709 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 902085 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 887355 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 902085 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 887355 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -431401 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -394901 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 261285 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 105848 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 134 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 105848 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 313209 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
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