Civic Intelligence

Soat Inc

990 • Fiscal year 2023 • EIN 58-1587426

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileN/A
PO Box 450049Atlanta, GA 31145

(678) 330-2000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.52x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

1.42x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

40th percentile

0.1%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

4.2%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$543,557

Up $789 (+0.1%) from 2022

Net Assets

Up

-$281,449

Up $70,142 (+20%) from 2022

Liabilities

Down

$825,006

Down $69,353 (-7.8%) from 2022

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin64th percentile

Revenue

Up

$579,732

Up $23,174 (+4.2%) from 2022

Expenses

Up

$509,590

Up $22,215 (+4.6%) from 2022

Net Income

Up

$70,142

Up $959 (+1.4%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $912,662Liabilities 2010: $1,363,823Net Assets 2010: -$451,1612010Assets 2011: $869,956Liabilities 2011: $1,344,359Net Assets 2011: -$474,4032011Assets 2012: $820,327Liabilities 2012: $1,321,214Net Assets 2012: -$500,8872012Assets 2013: $778,384Liabilities 2013: $1,295,748Net Assets 2013: -$517,3642013Assets 2014: $744,513Liabilities 2014: $1,268,621Net Assets 2014: -$524,1082014Assets 2015: $692,637Liabilities 2015: $1,221,137Net Assets 2015: -$528,5002015Assets 2016: $641,697Liabilities 2016: $1,190,038Net Assets 2016: -$548,3412016Assets 2017: $618,814Liabilities 2017: $1,157,500Net Assets 2017: -$538,6862017Assets 2018: $578,065Liabilities 2018: $1,101,904Net Assets 2018: -$523,8392018Assets 2019: $584,751Liabilities 2019: $1,075,716Net Assets 2019: -$490,9652019Assets 2020: $559,440Liabilities 2020: $1,003,648Net Assets 2020: -$444,2082020Assets 2021: $544,721Liabilities 2021: $965,495Net Assets 2021: -$420,7742021Assets 2022: $542,768Liabilities 2022: $894,359Net Assets 2022: -$351,5912022Assets 2023: $543,557Liabilities 2023: $825,006Net Assets 2023: -$281,4492023Assets 2024: $552,452Liabilities 2024: $754,653Net Assets 2024: -$202,2012024

Highlighted filing

2023

Assets$543,557
Liabilities$825,006
Net Assets-$281,449
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $495,6342010Expenses 2011: $490,1502011Expenses 2012: $492,6402012Revenue 2013: $479,230Expenses 2013: $495,707Net Income 2013: -$16,4772013Revenue 2014: $491,517Expenses 2014: $498,261Net Income 2014: -$6,7442014Revenue 2015: $495,747Expenses 2015: $500,139Net Income 2015: -$4,3922015Revenue 2016: $502,482Expenses 2016: $522,323Net Income 2016: -$19,8412016Revenue 2017: $515,707Expenses 2017: $506,052Net Income 2017: $9,6552017Revenue 2018: $521,072Expenses 2018: $506,225Net Income 2018: $14,8472018Revenue 2019: $533,725Expenses 2019: $500,851Net Income 2019: $32,8742019Revenue 2020: $541,234Expenses 2020: $494,477Net Income 2020: $46,7572020Revenue 2021: $550,867Expenses 2021: $527,433Net Income 2021: $23,4342021Revenue 2022: $556,558Expenses 2022: $487,375Net Income 2022: $69,1832022Revenue 2023: $579,732Expenses 2023: $509,590Net Income 2023: $70,1422023Revenue 2024: $607,406Expenses 2024: $528,158Net Income 2024: $79,2482024

Highlighted filing

2023

Revenue$579,732
Expenses$509,590
Net Income$70,142
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$579,732
Mission and Program Overview

Mission

Provide elderly affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$261,675$241,230▼ $20,445
Savings and Temporary Cash Investments$189,255$213,980▲ $24,725
Prepaid Expenses and Deferred Charges$49,308$51,960▲ $2,652
Cash and Non-Interest-Bearing Accounts$27,817$20,457▼ $7,360
Accounts Receivable$588$610▲ $22
Total Assets$542,768$543,557▲ $789
Other Assets Total$14,125$15,320▲ $1,195
Liabilities
Mortgage Notes Payable Secured by Investment Property$849,123$782,226▼ $66,897
Accounts Payable and Accrued Expenses$30,665$27,285▼ $3,380
Other Liabilities$13,432$14,446▲ $1,014
Deferred Revenue$1,139$1,049▼ $90
Total Liabilities$894,359$825,006▼ $69,353
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-351,591$-281,449▲ $70,142
Total Net Assets Fund Balance$-351,591$-281,449▲ $70,142
Total Liabilities and Net Assets / Fund Balance$542,768$543,557▲ $789

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,839$1,611,781$1,697,620
Land$136,393-$136,393
Equipment$18,998$60,474$79,472
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Gerald EickhoffPresident
Joseph F GlennVice President
Earleen AbertnathyDirector
Kim DelaceyDirector
Larry Gay ReaginDirector
Robert L ReinhartDirector
Elizabeth C GlennTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$578,046
Investment Income
$1,241
Other Revenue
$445
Change in Net Assets
$70,142

Audited Revenue Reconciliation

Revenue per Audited Statements
$579,732
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$579,732
Total Revenue per Form 990
$579,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$429,712
Salaries, Compensation, and Employee Benefits$79,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$276,637--$276,637
Other Salaries and Wages$73,650--$73,650
Insurance$52,138--$52,138
Fees for Services Management-$38,970-$38,970
Depreciation Depletion$22,581--$22,581
Office Expenses$19,009--$19,009
Fees for Services Accounting-$14,700-$14,700
Payroll Taxes$5,960--$5,960
Advertising$3,063--$3,063
Conferences and Meetings$1,111--$1,111
Travel$489--$489
Other Employee Benefits$268--$268
Other Expenses$14--$14
Total Functional Expenses$455,920$53,670$0$509,590

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$509,590
Total Expenses per Audited Statements$509,590
Total Expenses per Form 990$509,590
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
Security Deposits$14,446
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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 2

“Elizabeth and joseph glenn share a familial relationship.”

Form 990, Part VI, Section A, Line 3

“The organization appoints mansermar inc., 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 B, Line 11B

“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
Soat Inc
EIN
58-1587426
Phone
6783302000
Address
PO BOX 450049, ATLANTA, GA 31145
Doing Business As
Huntwood Terrace

Signing Officer

Name
Gerald Eickhoff
Title
President
Phone
6783302000
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Eickhoff
Formed
1984
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 GALLERIA PKWY SE STE 1700, ATLANTA, GA 30339-5946
Preparer
Mary Jo Alexander
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 an officer 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 corporation's tax positions and concluded that the corporation 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 1,017 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/BOYAmt030665
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027285
IRS990/AccountsReceivableGrp/BOYAmt0588
IRS990/AccountsReceivableGrp/EOYAmt0610
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE ELDERLY AFFORDABLE HOUSING.
IRS990/AdvertisingGrp/ProgramServicesAmt03063
IRS990/AdvertisingGrp/TotalAmt03063
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MANSERMAR INC
IRS990/BooksInCareOfDetail/PhoneNum06783302000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03237 SATELLITE BLVD STE 310
IRS990/BooksInCareOfDetail/USAddress/CityNm0DULUTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030096
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt027817
IRS990/CashNonInterestBearingGrp/EOYAmt020457
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01111
IRS990/ConferencesMeetingsGrp/TotalAmt01111
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01241
IRS990/CYOtherExpensesAmt0429712
IRS990/CYOtherRevenueAmt0445
IRS990/CYProgramServiceRevenueAmt0578046
IRS990/CYRevenuesLessExpensesAmt070142
IRS990/CYSalariesCompEmpBnftPaidAmt079878
IRS990/CYTotalExpensesAmt0509590
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0579732
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01139
IRS990/DeferredRevenueGrp/EOYAmt01049
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022581
IRS990/DepreciationDepletionGrp/TotalAmt022581
IRS990/Desc0OPERATION AND MAINTENANCE OF A 40 UNIT APARTMENT COMPLEX FOR THE ELDERLY AND SELF-SUFFICIENT HANDICAPPED IN ACCORDANCE WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0HUNTWOOD TERRACE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0455920
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014700
IRS990/FeesForServicesAccountingGrp/TotalAmt014700
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt038970
IRS990/FeesForServicesManagementGrp/TotalAmt038970
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0GERALD EICKHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH F GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm2ELIZABETH C GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT L REINHART
IRS990/Form990PartVIISectionAGrp/PersonNm4KIM DELACEY
IRS990/Form990PartVIISectionAGrp/PersonNm5LARRY GAY REAGIN
IRS990/Form990PartVIISectionAGrp/PersonNm6EARLEEN ABERTNATHY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0579732
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt052138
IRS990/InsuranceGrp/TotalAmt052138
IRS990/InvestmentIncomeGrp/ExclusionAmt01241
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01241
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01672255
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0261675
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0241230
IRS990/LandBldgEquipCostOrOtherBssAmt01913485
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE ELDERLY AFFORDABLE HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0849123
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0782226
IRS990/NetAssetsOrFundBalancesBOYAmt0-351591
IRS990/NetAssetsOrFundBalancesEOYAmt0-281449
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-351591
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-281449
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0276637
IRS990/OccupancyGrp/TotalAmt0276637
IRS990/OfficeExpensesGrp/ProgramServicesAmt019009
IRS990/OfficeExpensesGrp/TotalAmt019009
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014125
IRS990/OtherAssetsTotalGrp/EOYAmt015320
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0268
IRS990/OtherExpensesGrp/Desc0MISC TAXES, LICNS, PERM
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3OTHER RENTING EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0625
IRS990/OtherExpensesGrp/ProgramServicesAmt1350
IRS990/OtherExpensesGrp/ProgramServicesAmt225
IRS990/OtherExpensesGrp/ProgramServicesAmt314
IRS990/OtherExpensesGrp/TotalAmt0625
IRS990/OtherExpensesGrp/TotalAmt1350
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/OtherExpensesGrp/TotalAmt314
IRS990/OtherLiabilitiesGrp/BOYAmt013432
IRS990/OtherLiabilitiesGrp/EOYAmt014446
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY, VENDING, ETC
IRS990/OtherRevenueMiscGrp/ExclusionAmt0445
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0445
IRS990/OtherRevenueTotalAmt0445
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073650
IRS990/OtherSalariesAndWagesGrp/TotalAmt073650
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05960
IRS990/PayrollTaxesGrp/TotalAmt05960
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049308
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051960
IRS990/PrincipalOfficerNm0GERALD EICKHOFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0578046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0578046
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt024
IRS990/PYOtherExpensesAmt0374515
IRS990/PYOtherRevenueAmt0449
IRS990/PYProgramServiceRevenueAmt0556085
IRS990/PYRevenuesLessExpensesAmt069183
IRS990/PYSalariesCompEmpBnftPaidAmt0112860
IRS990/PYTotalExpensesAmt0487375
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0556558
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt070142
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0578046
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0189255
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0213980
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0578046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0556085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0550128
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0540240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0532045
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02756544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01374
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0445
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0449
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0711
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0960
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01633
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04198
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68050
IRS990ScheduleA/PublicSupportPY509Pct00.70350
IRS990ScheduleA/PublicSupportTotal509Amt01879635
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0186248
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0193892
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0184484
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0153156
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0159129
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0876909
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0186248
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0193892
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0184484
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0153156
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0159129
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0876909
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0578046
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0556085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0550128
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0540240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0532045
IRS990ScheduleA/Total509Grp/TotalAmt02756544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0579732
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0556558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0550867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0541234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0533725
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02762116
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt085839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01611781
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01697620
IRS990ScheduleD/EquipmentGrp/BookValueAmt018998
IRS990ScheduleD/EquipmentGrp/DepreciationAmt060474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079472
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0509590
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0136393
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0136393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0579732
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION 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/TotalBookValueLandBuildingsAmt0241230
IRS990ScheduleD/TotalExpensesPerForm990Amt0509590
IRS990ScheduleD/TotalLiabilityAmt014446
IRS990ScheduleD/TotalRevenuePerForm990Amt0579732
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0579732
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0509590
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/ExplanationTxt1ELIZABETH AND JOSEPH GLENN SHARE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION APPOINTS MANSERMAR INC., 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/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 AN OFFICER 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 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
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:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd31
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd41
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd51
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd61
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd71
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd81
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd91
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd111
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd121
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd131
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd141
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd161
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd171
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd181
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd191
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd211
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd221
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd231
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd241
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd251
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd261
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd271
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd281
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd291
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd301

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$543,557
Liabilities
$825,006
Net assets
-$281,449
Revenue
$579,732
Expenses
$509,590
Net income
$70,142
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.75$0.20$0.61$0.53$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.83$0.28$0.58$0.51$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.89$0.35$0.56$0.49$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.97$0.42$0.55$0.53$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.56$1.00$0.44$0.54$0.49$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$1.08$0.49$0.53$0.50$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.58$1.10$0.52$0.52$0.51$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.62$1.16$0.54$0.52$0.51$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$1.19$0.55$0.50$0.52$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.69$1.22$0.53$0.50$0.50$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$1.27$0.52$0.49$0.50$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.78$1.30$0.52$0.48$0.50$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$1.32$0.50$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$1.34$0.47$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.36$0.45$0.50