Civic Intelligence

First Baptist Housing Development Corporation I

990 • Fiscal year 2024 • EIN 58-1620954

Apr 01, 2023 to Mar 31, 2024 • Filed on Oct 01, 2024

Organization ProfileN/A
PO Box 480472Charlotte, NC 28269

(980) 376-2238

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.84x

Higher debt load relative to assets than 62% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

3.15x

Higher debt load relative to revenue than 63% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

4.4%

Higher net margin than 63% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

42nd percentile

-2.4%

Faster asset growth than 42% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

3.2%

Faster revenue growth than 46% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$1,202,021

Down $29,197 (-2.4%) from 2023

Net Assets

Up

$191,697

Up $14,037 (+7.9%) from 2023

Liabilities

Down

$1,010,324

Down $43,234 (-4.1%) from 2023

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin63rd percentile

Revenue

Up

$321,156

Up $10,051 (+3.2%) from 2023

Expenses

Down

$307,119

Down $874 (-0.3%) from 2023

Net Income

Up

$14,037

Up $10,925 (+351%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$2.0M$1.0M$0-$1.0MAssets 2012: $938,639Liabilities 2012: $1,355,143Net Assets 2012: -$416,5042012Assets 2013: $899,988Liabilities 2013: $1,336,001Net Assets 2013: -$436,0132013Assets 2014: $873,455Liabilities 2014: $1,314,566Net Assets 2014: -$441,1112014Assets 2015: $837,885Liabilities 2015: $1,298,380Net Assets 2015: -$460,4952015Assets 2016: $815,981Liabilities 2016: $1,271,401Net Assets 2016: -$455,4202016Assets 2017: $1,571,681Liabilities 2017: $1,376,255Net Assets 2017: $195,4262017Assets 2018: $1,511,757Liabilities 2018: $1,222,094Net Assets 2018: $289,6632018Assets 2019: $1,474,508Liabilities 2019: $1,208,159Net Assets 2019: $266,3492019Assets 2020: $1,334,892Liabilities 2020: $1,200,708Net Assets 2020: $134,1842020Assets 2021: $1,308,025Liabilities 2021: $1,151,767Net Assets 2021: $156,2582021Assets 2022: $1,277,238Liabilities 2022: $1,102,690Net Assets 2022: $174,5482022Assets 2023: $1,231,218Liabilities 2023: $1,053,558Net Assets 2023: $177,6602023Assets 2024: $1,202,021Liabilities 2024: $1,010,324Net Assets 2024: $191,6972024Assets 2025: $1,104,175Liabilities 2025: $914,781Net Assets 2025: $189,3942025

Highlighted filing

2024

Assets$1,202,021
Liabilities$1,010,324
Net Assets$191,697
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

$1.0M$500K$0-$500KExpenses 2012: $278,4582012Expenses 2013: $290,9932013Revenue 2014: $274,521Expenses 2014: $279,619Net Income 2014: -$5,0982014Revenue 2015: $257,793Expenses 2015: $277,177Net Income 2015: -$19,3842015Revenue 2016: $275,616Expenses 2016: $270,541Net Income 2016: $5,0752016Revenue 2017: $884,896Expenses 2017: $234,050Net Income 2017: $650,8462017Revenue 2018: $348,547Expenses 2018: $254,261Net Income 2018: $94,2862018Revenue 2019: $287,428Expenses 2019: $310,742Net Income 2019: -$23,3142019Revenue 2020: $294,483Expenses 2020: $426,648Net Income 2020: -$132,1652020Revenue 2021: $295,702Expenses 2021: $273,628Net Income 2021: $22,0742021Revenue 2022: $297,954Expenses 2022: $279,664Net Income 2022: $18,2902022Revenue 2023: $311,105Expenses 2023: $307,993Net Income 2023: $3,1122023Revenue 2024: $321,156Expenses 2024: $307,119Net Income 2024: $14,0372024Revenue 2025: $330,494Expenses 2025: $332,797Net Income 2025: -$2,3032025

Highlighted filing

2024

Revenue$321,156
Expenses$307,119
Net Income$14,037
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Oct 1, 2024
Return Version
2023v5.1
Gross Receipts
$321,156
Mission and Program Overview

Mission

To provide housing and related services to qualified elderly and disabled persons under programs supervised and subsidized by hud.

To provide housing and related services to qualified elderly/disabled persons under programs supervised and subsidized by hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,052,203$1,004,801▼ $47,402
Savings and Temporary Cash Investments$86,133$103,501▲ $17,368
Intangible Assets$63,384$60,007▼ $3,377
Prepaid Expenses and Deferred Charges$10,476$12,365▲ $1,889
Cash and Non-Interest-Bearing Accounts$7,097$7,046▼ $51
Accounts Receivable$1,352$4,591▲ $3,239
Total Assets$1,231,218$1,202,021▼ $29,197
Other Assets Total$10,573$9,710▼ $863
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,029,097$985,855▼ $43,242
Accounts Payable and Accrued Expenses$11,998$12,642▲ $644
Other Liabilities$10,122$10,229▲ $107
Deferred Revenue$2,341$1,598▼ $743
Total Liabilities$1,053,558$1,010,324▼ $43,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$177,660$191,697▲ $14,037
Total Net Assets Fund Balance$177,660$191,697▲ $14,037
Total Liabilities and Net Assets / Fund Balance$1,231,218$1,202,021▼ $29,197

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$892,777$451,660$1,344,437
Other Land Buildings$55,548$182,902$238,450
Equipment$26,476$54,037$80,513
Land$30,000-$30,000
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Wixie StephensChairman
Shelby FoyVice Chairman
James McmillianMember
King EvansMember
Lucille WatsonMember
William EvansMember
Marian CarmichaelSecretary
Mary ColeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$216,031
Program Service Revenue
$101,185
Investment Income
$44
Other Revenue
$3,896
Change in Net Assets
$14,037

Audited Revenue Reconciliation

Revenue per Audited Statements
$321,156
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$321,156
Total Revenue per Form 990
$321,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$307,119
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$50,778--$50,778
Interest$40,937--$40,937
Insurance$31,723--$31,723
Occupancy$27,143--$27,143
Fees for Services Management$25,624--$25,624
All Other Expenses$21,737$921-$22,658
Fees for Services Accounting-$16,770-$16,770
Other Expenses$8,573--$8,573
Fees for Services Other$5,193--$5,193
Office Expenses$4,804--$4,804
Fees for Services Legal$499--$499
Advertising$16--$16
Total Functional Expenses$289,428$17,691$0$307,119

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$307,119
Total Expenses per Audited Statements$307,119
Total Expenses per Form 990$307,119
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$9,610
Escheats$619
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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 presken management, llc. 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
First Baptist Housing Development
EIN
58-1620954
Phone
9803762238
Address
PO BOX 480472, CHARLOTTE, NC 28269

Signing Officer

Name
Wixie Stephens
Title
Chairman
Phone
9803762238
Signed
2024-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wixie Stephens
Formed
1985
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

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.”

Raw XML AppendixShowing 400 of 449 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/BOYAmt011998
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012642
IRS990/AccountsReceivableGrp/BOYAmt01352
IRS990/AccountsReceivableGrp/EOYAmt04591
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY/DISABLED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt016
IRS990/AdvertisingGrp/TotalAmt016
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0921
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021737
IRS990/AllOtherExpensesGrp/TotalAmt022658
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PRESKEN MANAGEMENT LLC
IRS990/BooksInCareOfDetail/PhoneNum09803762238
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 480472
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028269
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt07097
IRS990/CashNonInterestBearingGrp/EOYAmt07046
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0216031
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt044
IRS990/CYOtherExpensesAmt0307119
IRS990/CYOtherRevenueAmt03896
IRS990/CYProgramServiceRevenueAmt0101185
IRS990/CYRevenuesLessExpensesAmt014037
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0307119
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0321156
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02341
IRS990/DeferredRevenueGrp/EOYAmt01598
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt050778
IRS990/DepreciationDepletionGrp/TotalAmt050778
IRS990/Desc0TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY/DISABLED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0289428
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016770
IRS990/FeesForServicesAccountingGrp/TotalAmt016770
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0499
IRS990/FeesForServicesLegalGrp/TotalAmt0499
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt025624
IRS990/FeesForServicesManagementGrp/TotalAmt025624
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05193
IRS990/FeesForServicesOtherGrp/TotalAmt05193
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
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/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0WIXIE STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm1SHELBY FOY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIAN CARMICHAEL
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES MCMILLIAN
IRS990/Form990PartVIISectionAGrp/PersonNm5KING EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm7LUCILLE WATSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0216031
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0321156
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt031723
IRS990/InsuranceGrp/TotalAmt031723
IRS990/IntangibleAssetsGrp/BOYAmt063384
IRS990/IntangibleAssetsGrp/EOYAmt060007
IRS990/InterestGrp/ProgramServicesAmt040937
IRS990/InterestGrp/TotalAmt040937
IRS990/InvestmentIncomeGrp/ExclusionAmt044
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0688599
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01052203
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01004801
IRS990/LandBldgEquipCostOrOtherBssAmt01693400
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY/DISABLED PERSONS UNDER PROGRAMS SUPERVISED AND SUBSIDIZED BY HUD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01029097
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0985855
IRS990/NetAssetsOrFundBalancesBOYAmt0177660
IRS990/NetAssetsOrFundBalancesEOYAmt0191697
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0177660
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0191697
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt027143
IRS990/OccupancyGrp/TotalAmt027143
IRS990/OfficeExpensesGrp/ProgramServicesAmt04804
IRS990/OfficeExpensesGrp/TotalAmt04804
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010573
IRS990/OtherAssetsTotalGrp/EOYAmt09710
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1MANAGER OR SUPERINTENDE
IRS990/OtherExpensesGrp/Desc2HEATING AND COOLING REP
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt035786
IRS990/OtherExpensesGrp/ProgramServicesAmt126380
IRS990/OtherExpensesGrp/ProgramServicesAmt210235
IRS990/OtherExpensesGrp/ProgramServicesAmt38573
IRS990/OtherExpensesGrp/TotalAmt035786
IRS990/OtherExpensesGrp/TotalAmt126380
IRS990/OtherExpensesGrp/TotalAmt210235
IRS990/OtherExpensesGrp/TotalAmt38573
IRS990/OtherLiabilitiesGrp/BOYAmt010122
IRS990/OtherLiabilitiesGrp/EOYAmt010229
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03896
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03896
IRS990/OtherRevenueTotalAmt03896
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010476
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012365
IRS990/PrincipalOfficerNm0WIXIE STEPHENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12117
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12117
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2890
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0216229
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021
IRS990/PYOtherExpensesAmt0307993
IRS990/PYOtherRevenueAmt0448
IRS990/PYProgramServiceRevenueAmt094407
IRS990/PYRevenuesLessExpensesAmt03112
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0307993
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0311105
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt014037
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0105081
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086133
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0216031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0216229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0204634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0205199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207117
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01049210
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0125
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0471065
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01049210
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0216031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0216229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0204634
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0205199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207117
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01049210
IRS990ScheduleA/TotalSupportAmt01049335
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0892777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0451660
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01344437
IRS990ScheduleD/EquipmentGrp/BookValueAmt026476
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054037
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080513
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0307119
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt030000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055548
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0182902
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0238450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCHEATS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0321156
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT 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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01004801
IRS990ScheduleD/TotalExpensesPerForm990Amt0307119
IRS990ScheduleD/TotalLiabilityAmt010229
IRS990ScheduleD/TotalRevenuePerForm990Amt0321156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0321156
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0307119
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO PRESKEN MANAGEMENT, LLC. 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/ExplanationTxt1A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD MEMBERS PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIRST BAPTIST HOUSING DEV CORP II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561918508
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01231218
IRS990/TotalAssetsEOYAmt01202021
IRS990/TotalAssetsGrp/BOYAmt01231218
IRS990/TotalAssetsGrp/EOYAmt01202021
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0216031
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0289428
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307119
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01053558
IRS990/TotalLiabilitiesEOYAmt01010324
IRS990/TotalLiabilitiesGrp/BOYAmt01053558
IRS990/TotalLiabilitiesGrp/EOYAmt01010324
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0177660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0191697
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0289428
IRS990/TotalProgramServiceRevenueAmt0101185
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt044

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,202,021
Liabilities
$1,010,324
Net assets
$191,697
Revenue
$321,156
Expenses
$307,119
Net income
$14,037
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.10$0.91$0.19$0.33$0.33$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.20$1.01$0.19$0.32$0.31$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$1.05$0.18$0.31$0.31$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$1.10$0.17$0.30$0.28$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$1.15$0.16$0.30$0.27$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$1.20$0.13$0.29$0.43$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.21$0.27$0.29$0.31$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.22$0.29$0.35$0.25$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.38$0.20$0.88$0.23$0.65
2016Detailed filing. Detailed filing data is available for this year.$0.82$1.27$0.46$0.28$0.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.84$1.30$0.46$0.26$0.28$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.87$1.31$0.44$0.27$0.28$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$1.34$0.44$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$1.36$0.42$0.28