Civic Intelligence

Rock Hill Elderly Housing Inc.

990 • Fiscal year 2014 • EIN 58-1734741

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

PO Box 450049SuiteAtlanta, GA 31145

(770) 496-0598

Siviq Scores

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

Liabilities / Assets

96th percentile

1.47x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

2.58x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

42nd percentile

0.5%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

29th percentile

-3.3%

Faster asset growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

1.6%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$848,262

Down $29,358 (-3.3%) from 2013

Net Assets

Up

-$397,163

Up $2,224 (+0.6%) from 2013

Liabilities

Down

$1,245,425

Down $31,582 (-2.5%) from 2013

Revenue

Up

$482,110

Up $7,711 (+1.6%) from 2013

Expenses

Up

$479,886

Up $267 (+0.1%) from 2013

Net Income

Up

$2,224

Up $7,444 (+143%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $981,163Liabilities 2010: $1,348,857Net Assets 2010: -$367,6942010Assets 2011: $948,103Liabilities 2011: $1,329,094Net Assets 2011: -$380,9912011Assets 2012: $910,645Liabilities 2012: $1,304,812Net Assets 2012: -$394,1672012Assets 2013: $877,620Liabilities 2013: $1,277,007Net Assets 2013: -$399,3872013Assets 2014: $848,262Liabilities 2014: $1,245,425Net Assets 2014: -$397,1632014Assets 2015: $825,127Liabilities 2015: $1,217,243Net Assets 2015: -$392,1162015Assets 2016: $797,346Liabilities 2016: $1,177,534Net Assets 2016: -$380,1882016Assets 2017: $744,330Liabilities 2017: $1,139,473Net Assets 2017: -$395,1432017Assets 2018: $721,386Liabilities 2018: $1,098,797Net Assets 2018: -$377,4112018Assets 2019: $685,438Liabilities 2019: $1,045,312Net Assets 2019: -$359,8742019Assets 2020: $658,903Liabilities 2020: $1,034,016Net Assets 2020: -$375,1132020Assets 2021: $586,087Liabilities 2021: $942,195Net Assets 2021: -$356,1082021Assets 2022: $555,199Liabilities 2022: $876,298Net Assets 2022: -$321,0992022Assets 2023: $547,400Liabilities 2023: $791,356Net Assets 2023: -$243,9562023Assets 2024: $595,897Liabilities 2024: $749,483Net Assets 2024: -$153,5862024

Highlighted filing

2014

Assets$848,262
Liabilities$1,245,425
Net Assets-$397,163

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $462,6982010Expenses 2011: $475,9472011Expenses 2012: $481,8422012Revenue 2013: $474,399Expenses 2013: $479,619Net Income 2013: -$5,2202013Revenue 2014: $482,110Expenses 2014: $479,886Net Income 2014: $2,2242014Revenue 2015: $489,046Expenses 2015: $483,999Net Income 2015: $5,0472015Revenue 2016: $497,872Expenses 2016: $485,944Net Income 2016: $11,9282016Revenue 2017: $506,795Expenses 2017: $521,750Net Income 2017: -$14,9552017Revenue 2018: $514,494Expenses 2018: $496,762Net Income 2018: $17,7322018Revenue 2019: $522,964Expenses 2019: $505,427Net Income 2019: $17,5372019Revenue 2020: $533,209Expenses 2020: $548,448Net Income 2020: -$15,2392020Revenue 2021: $540,476Expenses 2021: $521,471Net Income 2021: $19,0052021Revenue 2022: $551,433Expenses 2022: $516,424Net Income 2022: $35,0092022Revenue 2023: $570,105Expenses 2023: $492,962Net Income 2023: $77,1432023Revenue 2024: $597,543Expenses 2024: $507,173Net Income 2024: $90,3702024

Highlighted filing

2014

Revenue$482,110
Expenses$479,886
Net Income$2,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$482,110
Mission and Program Overview

Mission

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act.

To own and operate a rental housing property for low income elderly person under section 202 of the national housing act

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$655,117$609,332▼ $45,785
Savings and Temporary Cash Investments$171,427$178,110▲ $6,683
Cash and Non-Interest-Bearing Accounts$26,411$33,084▲ $6,673
Prepaid Expenses and Deferred Charges$24,665$27,380▲ $2,715
Accounts Receivable$0$356▲ $356
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$877,620$848,262▼ $29,358
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,207,514$1,175,332▼ $32,182
Other Liabilities$55,189$56,764▲ $1,575
Accounts Payable and Accrued Expenses$14,304$13,329▼ $975
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,277,007$1,245,425▼ $31,582
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-399,387$-397,163▲ $2,224
Total Net Assets Fund Balance$-399,387$-397,163▲ $2,224
Total Liabilities and Net Assets / Fund Balance$877,620$848,262▼ $29,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$419,289$953,869$1,373,158
Land$146,655-$146,655
Other Land Buildings$43,388$49,177$92,565
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph F GlennPresident/director
Jane ReinhartDirector
Kim DelaceyDirector
larRY GAY REAGANDirector
Elizabeth C GlennSec/treas/director.
Robert L ReinhartVP/director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$482,075
Investment Income
$35
Other Revenue
$0
Change in Net Assets
$2,224

Audited Revenue Reconciliation

Revenue per Audited Statements
$482,110
Total Revenue per Audited Statements
$482,110
Total Revenue per Form 990
$482,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$479,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$110,106--$110,106
All Other Expenses$48,680--$48,680
Depreciation Depletion$45,785--$45,785
Other Expenses$31,265$0$0$31,265
Total Functional Expenses$479,886$0$0$479,886

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$479,886
Total Expenses per Audited Statements$479,886
Total Expenses per Form 990$479,886
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
accrued interest$41,661
Tenant Security Deposits$13,453
Accrued Wages Payable$1,547
Accrued Payroll Taxes Payable$103
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
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

Joseph f. Glenn - president/director is married to elizabeth c. Glenn - secretary/treasurer. Robert l. Reinhart - vp/director is married to jane reinhart - director.

Form 990, Part VI, Section A, Line 3

The organization has engaged a property management company to oversee the day to day operation of the apartment complex owned by the organization. The management company is experienced in the operation of low income rental housing under hud's section 202 program. Employees of the apartment complex are employees of the management company. The management contract has been approved by hud.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Form 990, Part VI, Section B, Line 11

The president reviews and approves the 990 before filing.

Form 990, Part VI, Section B, Line 12C

Officers and directors are reminded of this policy at each board meeting and are asked to disclose any potential conflicts of interest for discussion by the board.

Form 990, Part VI, Section B, Line 15

The organization has no paid employees or officers. Directors and officers serve in a volunteer capacity and are not compensated for their service.

Filing and Contact Details

Filer

Filer Name
Rock Hill Elderly Housing Inc
EIN
58-1734741
In Care Of
% MANSERMAR INC
Phone
7704960598
Address
PO BOX 450049, Suite, ATLANTA, GA 31145

Signing Officer

Name
Joseph F Glenn
Title
President
Phone
7704960598
Signed
2015-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph F Glenn
Formed
1987
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Habif Arogeti & Wynne Llp
Address
FIVE CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Ed D Deck
Phone
7704960598
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act.

Form 990, Part X, Line 2

There are no uncertain tax positions under fin 48 (asc 740-10) disclosed in the audited financial statements and footnotes.

Form 990, Part XII, Line 2C

Joseph f. Glenn - president and elizabeth c. Glenn - secretary/treasurer review and approve the audited financial statements.

Form 990 Part IX Line 24 - Other Expenses

Description:administrative expenses total expenses:24784 program services:24784

Form 990 Part IX Line 24 - Other Expenses

DESCRIPTION:insurance TOTAL EXPENSES:23543 PROGRAM SERVICES:23543

Form 990 Part IX Line 24 - Other Expenses

DESCRIPTION:miscellaneous TOTAL EXPENSES:353 PROGRAM SERVICES:353

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IRS990/PYInvestmentIncomeAmt037
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0479619
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0474362
IRS990/PYRevenuesLessExpensesAmt0-5220
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0479619
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0474399
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02224
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0482110
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0171427
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0178110
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0104
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0229
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0482075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0474362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0468598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0462546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0448065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02335646
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0104
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0229
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0473
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.56040
IRS990ScheduleA/PublicSupportPY509Pct00.56020
IRS990ScheduleA/PublicSupportTotal509Amt01309154
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0229338
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0223712
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0174343
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0186820
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0212279
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01026492
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0229338
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0223712
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0174343
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0186820
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0212279
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01026492
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0482075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0474362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0468598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0462546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0448065
IRS990ScheduleA/Total509Grp/TotalAmt02335646
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0482110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0474399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0468666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0462650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0448294
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02336119
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0419289
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0953869
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01373158
IRS990ScheduleD/ExpensesSubtotalAmt0479886
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0146655
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0146655
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043388
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049177
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt141661
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1accrued interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0482110
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0609332
IRS990ScheduleD/TotalExpensesPerForm990Amt0479886
IRS990ScheduleD/TotalLiabilityAmt056764
IRS990ScheduleD/TotalRevenuePerForm990Amt0482110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0482110
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0479886
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OWN AND OPERATE A RENTAL HOUSING PROPERTY FOR LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSEPH F. GLENN - PRESIDENT/DIRECTOR IS MARRIED TO ELIZABETH C. GLENN - SECRETARY/TREASURER. ROBERT L. REINHART - VP/DIRECTOR IS MARRIED TO JANE REINHART - DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ENGAGED A PROPERTY MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATION OF THE APARTMENT COMPLEX OWNED BY THE ORGANIZATION. THE MANAGEMENT COMPANY IS EXPERIENCED IN THE OPERATION OF LOW INCOME RENTAL HOUSING UNDER HUD'S SECTION 202 PROGRAM. EMPLOYEES OF THE APARTMENT COMPLEX ARE EMPLOYEES OF THE MANAGEMENT COMPANY. THE MANAGEMENT CONTRACT HAS BEEN APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740-10) DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS AND FOOTNOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PRESIDENT REVIEWS AND APPROVES THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICERS AND DIRECTORS ARE REMINDED OF THIS POLICY AT EACH BOARD MEETING AND ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NO PAID EMPLOYEES OR OFFICERS. DIRECTORS AND OFFICERS SERVE IN A VOLUNTEER CAPACITY AND ARE NOT COMPENSATED FOR THEIR SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8JOSEPH F. GLENN - PRESIDENT AND ELIZABETH C. GLENN - SECRETARY/TREASURER REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:ADMINISTRATIVE EXPENSES TOTAL EXPENSES:24784 PROGRAM SERVICES:24784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:insurance TOTAL EXPENSES:23543 PROGRAM SERVICES:23543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION:miscellaneous TOTAL EXPENSES:353 PROGRAM SERVICES:353
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART X, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1nA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHRISTIAN SENIOR HOUSING FOUNDATIO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1broadway towers inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581251085
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581354973
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0affordable
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1affordable
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Sec 509A2

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.75$0.15$0.60$0.51$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.79$0.24$0.57$0.49$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.88$0.32$0.55$0.52$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.94$0.36$0.54$0.52$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$1.03$0.38$0.53$0.55$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$1.05$0.36$0.52$0.51$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$1.10$0.38$0.51$0.50$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$1.14$0.40$0.51$0.52$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$1.18$0.38$0.50$0.49$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$1.22$0.39$0.49$0.48$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.85$1.25$0.40$0.48$0.48$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.88$1.28$0.40$0.47$0.48$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.30$0.39$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$1.33$0.38$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$1.35$0.37$0.46