Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Crest Street Community Elderly Housing
EIN 58-1528903 • 501(c)4 • Durham, NC
Profile
The not for profit corporation was organized to own and operate a 45 unit apartment community in durham, north carolina, known as new bethel homes for the elderly. It operates under section 207, pusuant to section 223(f) of the national housing act of 1959 and has entered into the standard fha regulatory agreements governing the operation of the community. A housing assistance payment contract with hud provides rent assistance for low income housing families.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.29x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Down$983,847
Down $23,839 (-2.4%) from 2023
Liabilities
Down$1,271,867
Down $36,494 (-2.8%) from 2023
Net Assets
Up-$288,020
Up $12,655 (+4.2%) from 2023
Revenue
Up$448,301
Up $22,015 (+5.2%) from 2023
Expenses
Up$435,646
Up $24,625 (+6.0%) from 2023
Net Income
Down$12,655
Down $2,610 (-17%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $983,847
- Liabilities
- $1,271,867
- Net assets
- -$288,020
- Revenue
- $448,301
- Expenses
- $435,646
- Net income
- $12,655
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 28, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $448,301
Mission and Program Overview
Mission
The not for profit corporation was organized to own and operate a 45 unit apartment community in durham, north carolina, known as new bethel homes for the elderly. It operates under section 207, pusuant to section 223(f) of the national housing act of 1959 and has entered into the standard fha regulatory agreements governing the operation of the community. A housing assistance payment contract with hud provides rent assistance for low income housing families.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $611,951 | $579,898 | ▼ $32,053 |
| Savings and Temporary Cash Investments | $260,264 | $256,954 | ▼ $3,310 |
| Intangible Assets | $99,105 | $94,367 | ▼ $4,738 |
| Cash and Non-Interest-Bearing Accounts | $1,750 | $30,357 | ▲ $28,607 |
| Prepaid Expenses and Deferred Charges | $5,818 | $3,502 | ▼ $2,316 |
| Accounts Receivable | $4,088 | $283 | ▼ $3,805 |
| Total Assets | $1,007,686 | $983,847 | ▼ $23,839 |
| Other Assets Total | $24,710 | $18,486 | ▼ $6,224 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,238,310 | $1,197,879 | ▼ $40,431 |
| Other Liabilities | $39,802 | $40,623 | ▲ $821 |
| Accounts Payable and Accrued Expenses | $26,938 | $27,638 | ▲ $700 |
| Deferred Revenue | $3,311 | $5,727 | ▲ $2,416 |
| Total Liabilities | $1,308,361 | $1,271,867 | ▼ $36,494 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-300,675 | $-288,020 | ▲ $12,655 |
| Total Net Assets Fund Balance | $-300,675 | $-288,020 | ▲ $12,655 |
| Total Liabilities and Net Assets / Fund Balance | $1,007,686 | $983,847 | ▼ $23,839 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $313,881 | $1,064,532 | $1,378,413 |
| Land | $225,749 | - | $225,749 |
| Equipment | $0 | $124,435 | $124,435 |
| Other Land Buildings | $40,268 | $15,997 | $56,265 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Ronald W Odom | President |
| Mary Umstead | Vice President |
| Barbara Bright | Member |
| Chelsie Edwards | Member |
| Donzell Patterson | Member |
| Karl Brodie | Member |
| Reta Scarett | Secretary |
| Joseph Torian | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $278,461
- Program Service Revenue
- $169,555
- Investment Income
- $193
- Other Revenue
- $92
- Change in Net Assets
- $12,655
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $448,301
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $448,301
- Total Revenue per Form 990
- $448,301
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $435,646 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $68,647 | $1,938 | - | $70,585 |
| Interest | $42,578 | - | - | $42,578 |
| Depreciation Depletion | $36,791 | - | - | $36,791 |
| Fees for Services Management | $36,489 | - | - | $36,489 |
| Insurance | $35,962 | - | - | $35,962 |
| Occupancy | $29,039 | - | - | $29,039 |
| Other Expenses | $24,389 | - | - | $24,389 |
| Fees for Services Accounting | - | $23,060 | - | $23,060 |
| Office Expenses | $21,049 | - | - | $21,049 |
| Fees for Services Legal | $200 | - | - | $200 |
| Total Functional Expenses | $410,648 | $24,998 | $0 | $435,646 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $435,646 |
| Total Expenses per Audited Statements | $435,646 |
| Total Expenses per Form 990 | $435,646 |
| 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 Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Notes Payable - Lt | $25,840 |
| Tenant Security Deposits | $14,363 |
| Misc. Current Liabilities | $420 |
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 multifamily select, inc. The affordable housing apartment complex is regulated by the u.s. Department of housing and urban development as to rent charges and operating methods. The management company was chosen due to its experience in management under these guidelines.”
Form 990, Part VI, Section B, Line 11B
“A copy of the form 990 is presented to the board members prior to being filed.”
Form 990, Part VI, Section C, Line 19
“The governing documents and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Crest Street Community Elderly Housing
- EIN
- 58-1528903
- Phone
- 4076444500
- Address
- 2614 CREST STREET, DURHAM, NC 27705
- Doing Business As
- New Bethel Homes for the Elderly
Signing Officer
- Name
- Ronald Odom
- Title
- President
- Phone
- 4076444500
- Signed
- 2025-10-28
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ronald Odom
- Formed
- 1983
- Legal Domicile
- Nc
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 0
- Volunteers
- 8
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
“Security payroll/contract: program service expenses 15,733. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,733. Garbage and trash removal: program service expenses 14,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,088. Heating/cooling repairs and maintenance: program service expenses 9,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,600. Management consultants: program service expenses 8,801. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,801. Other renting expenses: program service expenses 6,754. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,754. Payroll taxes reimbursement: program service expenses 5,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,644. Mortgage insurance premium: program service expenses 5,525. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,525. Miscellaneous administrative expense: program service expenses 0. Management and general expenses 1,938. Fundraising expenses 0. Total expenses 1,938. Bad debt: program service expenses 920. Management and general expenses 0. Fundraising expenses 0. Total expenses 920. Miscellaneous operating and maintenance expense: program service expenses 748. Management and general expenses 0. Fundraising expenses 0. Total expenses 748. Office salaries: program service expenses 660. Management and general expenses 0. Fundraising expenses 0. Total expenses 660. Miscellaneous taxes, license, permits and fees: program service expenses 174. Management and general expenses 0. Fundraising expenses 0. Total expenses 174.”
Financial Statement Notes
PART X, LINE 2:
“It is the corporation'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 2024.”
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| IRS990/MissionDesc | 0 | THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 45 UNIT APARTMENT COMMUNITY IN DURHAM, NORTH CAROLINA, KNOWN AS NEW BETHEL HOMES FOR THE ELDERLY. IT OPERATES UNDER SECTION 207, PUSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT OF 1959 AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY. A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD PROVIDES RENT ASSISTANCE FOR LOW INCOME HOUSING FAMILIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1238310 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1197879 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -300675 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -288020 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -300675 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -288020 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 29039 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 29039 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 21049 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21049 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 24710 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 18486 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTS |
| IRS990/OtherExpensesGrp/Desc | 1 | SALARIES REIMBURSEMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | PAYROLL REIMBURSEMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | SUPPLIES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 52529 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 37826 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 25149 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 24389 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 52529 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 37826 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 25149 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 24389 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 39802 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 40623 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 92 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 92 |
| IRS990/OtherRevenueTotalAmt | 0 | 92 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5818 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3502 |
| IRS990/PrincipalOfficerNm | 0 | RONALD ODOM |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LAUNDRY & VENDING |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 167918 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1386 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 251 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 167918 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1386 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 251 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 273958 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 176 |
| IRS990/PYOtherExpensesAmt | 0 | 411021 |
| IRS990/PYOtherRevenueAmt | 0 | 504 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 151648 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 15265 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 411021 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 426286 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 12655 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 169647 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 260264 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 256954 |
| 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 | 313881 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1064532 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1378413 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 124435 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 124435 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 435646 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 225749 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 225749 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 40268 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 15997 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 56265 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 14363 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 420 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 25840 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | MISC. CURRENT LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | NOTES PAYABLE - LT |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 448301 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS THE CORPORATION'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 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 579898 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 435646 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 40623 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 448301 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 448301 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 435646 |
| 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 MULTIFAMILY SELECT, INC. THE AFFORDABLE HOUSING APARTMENT COMPLEX IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. THE MANAGEMENT COMPANY WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD MEMBERS PRIOR TO BEING FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SECURITY PAYROLL/CONTRACT: PROGRAM SERVICE EXPENSES 15,733. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,733. GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 14,088. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,088. HEATING/COOLING REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 9,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,600. MANAGEMENT CONSULTANTS: PROGRAM SERVICE EXPENSES 8,801. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,801. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 6,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,754. PAYROLL TAXES REIMBURSEMENT: PROGRAM SERVICE EXPENSES 5,644. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,644. MORTGAGE INSURANCE PREMIUM: PROGRAM SERVICE EXPENSES 5,525. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,525. MISCELLANEOUS ADMINISTRATIVE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,938. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,938. BAD DEBT: PROGRAM SERVICE EXPENSES 920. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 920. MISCELLANEOUS OPERATING AND MAINTENANCE EXPENSE: PROGRAM SERVICE EXPENSES 748. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 748. OFFICE SALARIES: PROGRAM SERVICE EXPENSES 660. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 660. MISCELLANEOUS TAXES, LICENSE, PERMITS AND FEES: PROGRAM SERVICE EXPENSES 174. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174. |
| 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 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | CREST STREET COMMUNITY COUNCIL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 581399286 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(4) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | SUBSIDIZED LOW-INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 10 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 2614 CREST STREET |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | DURHAM |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 27750 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 19396 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 3400 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 1 | CASH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | CREST STREET COMMUNITY COUNCIL INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | CREST STREET COMMUNITY COUNCIL INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | E |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 1 | P |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| 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 | 1007686 |
| IRS990/TotalAssetsEOYAmt | 0 | 983847 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1007686 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 983847 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 278461 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 24998 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 410648 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 435646 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1308361 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1271867 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1308361 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1271867 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -300675 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -288020 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 410648 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 169555 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 193 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 169647 |
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