Civic Intelligence

Jh Floyd Sunshine Village Inc

EIN 58-1737441 • 501(c)3 • Spring Valley, NY

Profile

The organization's mission is to provide housing and services to low-income elderly adults in a 59-unit apartment building which it owns and operates in sarasota, florida.

86 Route 59 EastSpring Valley, NY 10977

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.34x

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

2.95x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

34th percentile

-2.1%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

24th percentile

-5.0%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

6.6%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,594,906

Down $83,346 (-5.0%) from 2021

Liabilities

Down

$2,133,340

Down $68,314 (-3.1%) from 2021

Net Assets

Down

-$538,434

Down $15,032 (-2.9%) from 2021

Operations
Liabilities / Revenue95th percentileNet Margin34th percentile

Revenue

Up

$723,536

Up $44,713 (+6.6%) from 2021

Expenses

Up

$738,568

Up $63,672 (+9.4%) from 2021

Net Income

Down

-$15,032

Down $18,959 (-483%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,959,051Liabilities 2010: $2,768,725Net Assets 2010: -$809,6742010Assets 2011: $1,945,005Liabilities 2011: $2,711,672Net Assets 2011: -$766,6672011Assets 2012: $1,900,272Liabilities 2012: $2,692,403Net Assets 2012: -$792,1312012Assets 2013: $1,877,741Liabilities 2013: $2,669,506Net Assets 2013: -$791,7652013Assets 2014: $1,919,322Liabilities 2014: $2,677,572Net Assets 2014: -$758,2502014Assets 2015: $1,898,496Liabilities 2015: $2,609,860Net Assets 2015: -$711,3642015Assets 2016: $1,894,140Liabilities 2016: $2,568,014Net Assets 2016: -$673,8742016Assets 2017: $1,887,287Liabilities 2017: $2,471,338Net Assets 2017: -$584,0512017Assets 2018: $1,927,632Liabilities 2018: $2,489,532Net Assets 2018: -$561,9002018Assets 2019: $1,756,521Liabilities 2019: $2,302,973Net Assets 2019: -$546,4522019Assets 2020: $1,695,351Liabilities 2020: $2,222,680Net Assets 2020: -$527,3292020Assets 2021: $1,678,252Liabilities 2021: $2,201,654Net Assets 2021: -$523,4022021Assets 2022: $1,594,906Liabilities 2022: $2,133,340Net Assets 2022: -$538,4342022

Highlighted filing

2022

Assets$1,594,906
Liabilities$2,133,340
Net Assets-$538,434
Open 2022 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $622,6042010Expenses 2011: $610,1182011Expenses 2012: $614,2502012Revenue 2013: $619,773Expenses 2013: $619,407Net Income 2013: $3662013Revenue 2014: $629,746Expenses 2014: $596,231Net Income 2014: $33,5152014Revenue 2015: $616,626Expenses 2015: $569,740Net Income 2015: $46,8862015Revenue 2016: $644,786Expenses 2016: $607,296Net Income 2016: $37,4902016Revenue 2017: $651,843Expenses 2017: $562,020Net Income 2017: $89,8232017Revenue 2018: $625,256Expenses 2018: $603,105Net Income 2018: $22,1512018Revenue 2019: $603,996Expenses 2019: $588,548Net Income 2019: $15,4482019Revenue 2020: $623,309Expenses 2020: $604,186Net Income 2020: $19,1232020Revenue 2021: $678,823Expenses 2021: $674,896Net Income 2021: $3,9272021Revenue 2022: $723,536Expenses 2022: $738,568Net Income 2022: -$15,0322022

Highlighted filing

2022

Revenue$723,536
Expenses$738,568
Net Income-$15,032
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,594,906
Liabilities
$2,133,340
Net assets
-$538,434
Revenue
$723,536
Expenses
$738,568
Net income
-$15,032
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.59$2.13$0.54$0.72$0.74$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.68$2.20$0.52$0.68$0.67$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.70$2.22$0.53$0.62$0.60$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.76$2.30$0.55$0.60$0.59$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.93$2.49$0.56$0.63$0.60$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.89$2.47$0.58$0.65$0.56$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.89$2.57$0.67$0.64$0.61$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.90$2.61$0.71$0.62$0.57$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.92$2.68$0.76$0.63$0.60$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.88$2.67$0.79$0.62$0.62$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.69$0.79$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$2.71$0.77$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$2.77$0.81$0.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 24, 2023
Return Version
2022v5.0
Gross Receipts
$723,536
Mission and Program Overview

Mission

The organization's mission is to provide housing and services to low-income elderly adults in a 59-unit apartment building which it owns and operates in sarasota, florida.

The organization provides rental housing to low-income adults ages 62 & older.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,174,166$1,052,406▼ $121,760
Cash and Non-Interest-Bearing Accounts$150,368$98,634▼ $51,734
Prepaid Expenses and Deferred Charges$27,596$38,020▲ $10,424
Accounts Receivable$36,919$19,474▼ $17,445
Savings and Temporary Cash Investments$0$0→ $0
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$1,678,252$1,594,906▼ $83,346
Other Assets Total$289,203$386,372▲ $97,169
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,097,302$2,039,920▼ $57,382
Accounts Payable and Accrued Expenses$89,223$79,086▼ $10,137
Escrow Account Liability$0$12,387▲ $12,387
Other Liabilities$12,192$0▼ $12,192
Deferred Revenue$2,937$1,947▼ $990
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,201,654$2,133,340▼ $68,314
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-523,402$-538,434▼ $15,032
Total Net Assets Fund Balance$-523,402$-538,434▼ $15,032
Total Liabilities and Net Assets / Fund Balance$1,678,252$1,594,906▼ $83,346

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$882,814$1,908,311$2,791,125
Equipment$99,120$327,770$426,890
Other Land Buildings$70,472$0$70,472
Other Assets Org$9,283--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
George a BumbrayPresident
Albert PhillipsDirector
Raymel GrimesDirector
Scott BeilerDirector
James C BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$581,375
Program Service Revenue
$141,995
Investment Income
$166
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-15,032

Audited Revenue Reconciliation

Revenue per Audited Statements
$723,536
Total Revenue per Audited Statements
$723,536
Total Revenue per Form 990
$723,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$641,890
Salaries, Compensation, and Employee Benefits$96,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$389,685--$389,685
Depreciation Depletion$121,760--$121,760
Other Salaries and Wages$80,582--$80,582
Fees for Services Other$37,463$4,156-$41,619
Fees for Services Management-$34,713-$34,713
Office Expenses$22,385--$22,385
Fees for Services Accounting-$14,359-$14,359
Other Employee Benefits$9,388--$9,388
Payroll Taxes$6,708--$6,708
Advertising$3,535--$3,535
Other Expenses$965--$965
Total Functional Expenses$685,340$53,228$0$738,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,568
Total Expenses per Audited Statements$738,568
Total Expenses per Form 990$738,568
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 3

“Management of the organization was performed by capital realty group, inc.under the terms of the management agreement approved by hud, the management agent manages the organization.”

Form 990, Part VI, Section B, Line 11B

“The management agent reviews the 990 and further reviews are conducted by the board president and facility manager.”

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

“The managing organization regularly and consistently monitors and enforces compliance with its conflict of interest policy as follows: 1. The organization's corporate bylaws require that each of the board of director members disclose annually, in writing, interests that could be construed as a conflict of interest. 2. On november 1, 1999, the organization adopted a corporate compliance policy and program applicable to directors, officers, key employees, and all other employees, which is inclusive of a conflict of interest policy. The purpose of the corporate compliance policy, which extends to every facility, proves the organization is committed to conducting its business ethically and in conformance with all applicable laws, regulations, rules and standards. 3. The corporation is a participant in the u.s. Housing and urban development (hud) section 202 low-income, elderly, housing program. The hud 202 program, as a general premise prohibits persons with an "identity of interest", for example, the directors of the organization cannot engage (participate) in any conflict of interest transactions and/or scenarios. Plus, the corporation follows all state and federal law, and it is in compliance with the above mandate.”

Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section A, Line 3

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
JH Floyd Sunshine Village Inc
EIN
58-1737441
In Care Of
% CAPITAL REALTY GROUP INC
Phone
9419559367
Address
86 Route 59 East, Spring Valley, NY 10977

Signing Officer

Name
George Bumbray
Title
President
Phone
8453567773
Signed
2023-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Bumbray
Formed
1991
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
5

Preparer

Firm
Fogel Klein LLP
Address
50 Chestnut Ridge Rd Ste 202, Montvale, NJ 07645-1814
Preparer
Moshe Klein
Phone
2016000026
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors has delegated the current management agent to assume responsibility for oversight of the audit and selection of an independent auditor.”

Financial Statement Notes

PART IV, LINE 2B:

“The tenant security deposit account was established according to hud regulations for safekeeping of the tenant's initial rental deposits. Additions to this account occur when a tenant moves in and as interest accrues. Disbursement of these funds can only be made when a tenant vacates the apartment.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0THE ORGANIZATIONS'S MISSION IT TO PROVIDE HOUSING AND SERVICES TO LOW-INCOME ELDERLY ADULTS IN A 59-UNIT APARTMENT BUILDING WHICH IT OWNS AND OPERATES IN SARASOTA, FLORDIA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02097302
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02039920
IRS990/NetAssetsOrFundBalancesBOYAmt0-523402
IRS990/NetAssetsOrFundBalancesEOYAmt0-538434
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-523402
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-538434
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0389685
IRS990/OccupancyGrp/TotalAmt0389685
IRS990/OfficeExpensesGrp/ProgramServicesAmt022385
IRS990/OfficeExpensesGrp/TotalAmt022385
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0289203
IRS990/OtherAssetsTotalGrp/EOYAmt0386372
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09388
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09388
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1MISC OTHER TAXES
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt012333
IRS990/OtherExpensesGrp/ProgramServicesAmt1536
IRS990/OtherExpensesGrp/ProgramServicesAmt2965
IRS990/OtherExpensesGrp/TotalAmt012333
IRS990/OtherExpensesGrp/TotalAmt1536
IRS990/OtherExpensesGrp/TotalAmt2965
IRS990/OtherLiabilitiesGrp/BOYAmt012192
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080582
IRS990/OtherSalariesAndWagesGrp/TotalAmt080582
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06708
IRS990/PayrollTaxesGrp/TotalAmt06708
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027596
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038020
IRS990/PrincipalOfficerNm0GEORGE BUMBRAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT FROM RESIDENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0141995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0141995
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0530757
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt074
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0588167
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0147992
IRS990/PYRevenuesLessExpensesAmt03927
IRS990/PYSalariesCompEmpBnftPaidAmt086729
IRS990/PYTotalExpensesAmt0674896
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0678823
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-15032
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0141995
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0581375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0530757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0505148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0492493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0525642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02635415
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt093
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0592
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0745150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01191
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016063
IRS990ScheduleA/OtherIncome170Grp/TotalAmt017254
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99327
IRS990ScheduleA/PublicSupportPY170Pct00.99142
IRS990ScheduleA/PublicSupportTotal170Amt02635415
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0581375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0530757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0505148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0492493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0525642
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02635415
IRS990ScheduleA/TotalSupportAmt02653261
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0882814
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01908311
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02791125
IRS990ScheduleD/EquipmentGrp/BookValueAmt099120
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0327770
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0426890
IRS990ScheduleD/ExpensesSubtotalAmt0738568
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012621
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122480
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2147719
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3194269
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt49283
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW- INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW- RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW- REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ESCROW- MIP
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070472
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070472
IRS990ScheduleD/RevenueSubtotalAmt0723536
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TENANT SECURITY DEPOSIT ACCOUNT WAS ESTABLISHED ACCORDING TO HUD REGULATIONS FOR SAFEKEEPING OF THE TENANT'S INITIAL RENTAL DEPOSITS. ADDITIONS TO THIS ACCOUNT OCCUR WHEN A TENANT MOVES IN AND AS INTEREST ACCRUES. DISBURSEMENT OF THESE FUNDS CAN ONLY BE MADE WHEN A TENANT VACATES THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01052406
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0386372
IRS990ScheduleD/TotalExpensesPerForm990Amt0738568
IRS990ScheduleD/TotalRevenuePerForm990Amt0723536
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0723536
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738568
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE ORGANIZATION WAS PERFORMED BY CAPITAL REALTY GROUP, INC.UNDER THE TERMS OF THE MANAGEMENT AGREEMENT APPROVED BY HUD, THE MANAGEMENT AGENT MANAGES THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT AGENT REVIEWS THE 990 AND FURTHER REVIEWS ARE CONDUCTED BY THE BOARD PRESIDENT AND FACILITY MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGING ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AS FOLLOWS: 1. THE ORGANIZATION'S CORPORATE BYLAWS REQUIRE THAT EACH OF THE BOARD OF DIRECTOR MEMBERS DISCLOSE ANNUALLY, IN WRITING, INTERESTS THAT COULD BE CONSTRUED AS A CONFLICT OF INTEREST. 2. ON NOVEMBER 1, 1999, THE ORGANIZATION ADOPTED A CORPORATE COMPLIANCE POLICY AND PROGRAM APPLICABLE TO DIRECTORS, OFFICERS, KEY EMPLOYEES, AND ALL OTHER EMPLOYEES, WHICH IS INCLUSIVE OF A CONFLICT OF INTEREST POLICY. THE PURPOSE OF THE CORPORATE COMPLIANCE POLICY, WHICH EXTENDS TO EVERY FACILITY, PROVES THE ORGANIZATION IS COMMITTED TO CONDUCTING ITS BUSINESS ETHICALLY AND IN CONFORMANCE WITH ALL APPLICABLE LAWS, REGULATIONS, RULES AND STANDARDS. 3. THE CORPORATION IS A PARTICIPANT IN THE U.S. HOUSING AND URBAN DEVELOPMENT (HUD) SECTION 202 LOW-INCOME, ELDERLY, HOUSING PROGRAM. THE HUD 202 PROGRAM, AS A GENERAL PREMISE PROHIBITS PERSONS WITH AN "IDENTITY OF INTEREST", FOR EXAMPLE, THE DIRECTORS OF THE ORGANIZATION CANNOT ENGAGE (PARTICIPATE) IN ANY CONFLICT OF INTEREST TRANSACTIONS AND/OR SCENARIOS. PLUS, THE CORPORATION FOLLOWS ALL STATE AND FEDERAL LAW, AND IT IS IN COMPLIANCE WITH THE ABOVE MANDATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS HAS DELEGATED THE CURRENT MANAGEMENT AGENT TO ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MEADOW PARK INDEPENDENT LIVING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SUNSHINE MEADOWS ASSISTED LIVING FACILIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0651095074
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1271096668
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HEALTH CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01845 18TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11809 18TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SARASOTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SARASOTA

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