Civic Intelligence

St. Mark Manor Inc.

990 • Fiscal year 2018 • EIN 58-1747759

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 14, 2019

1615 Appling RoadCordova, TN 38016

(901) 380-4900

Siviq Scores

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

Liabilities / Assets

96th percentile

1.63x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

3.3%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

36th percentile

-5.2%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

-1.2%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$378,716

Down $20,832 (-5.2%) from 2017

Net Assets

Up

-$237,375

Up $7,048 (+2.9%) from 2017

Liabilities

Down

$616,091

Down $27,880 (-4.3%) from 2017

Revenue

Down

$210,936

Down $2,592 (-1.2%) from 2017

Expenses

Down

$203,888

Down $8,342 (-3.9%) from 2017

Net Income

Up

$7,048

Up $5,750 (+443%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $532,697Liabilities 2010: $790,713Net Assets 2010: -$258,0162010Assets 2011: $523,299Liabilities 2011: $770,609Net Assets 2011: -$247,3102011Assets 2012: $505,254Liabilities 2012: $736,618Net Assets 2012: -$231,3642012Assets 2013: $478,502Liabilities 2013: $719,496Net Assets 2013: -$240,9942013Assets 2014: $451,332Liabilities 2014: $698,982Net Assets 2014: -$247,6502014Assets 2015: $427,589Liabilities 2015: $678,890Net Assets 2015: -$251,3012015Assets 2016: $414,767Liabilities 2016: $660,488Net Assets 2016: -$245,7212016Assets 2017: $399,548Liabilities 2017: $643,971Net Assets 2017: -$244,4232017Assets 2018: $378,716Liabilities 2018: $616,091Net Assets 2018: -$237,3752018Assets 2019: $348,998Liabilities 2019: $604,076Net Assets 2019: -$255,0782019Assets 2020: $325,864Liabilities 2020: $566,525Net Assets 2020: -$240,6612020Assets 2021: $313,646Liabilities 2021: $553,684Net Assets 2021: -$240,0382021Assets 2022: $331,378Liabilities 2022: $528,378Net Assets 2022: -$197,0002022Assets 2023: $2,608,722Liabilities 2023: $2,297,310Net Assets 2023: $311,4122023Assets 2024: $2,221,818Liabilities 2024: $2,038,728Net Assets 2024: $183,0902024

Highlighted filing

2018

Assets$378,716
Liabilities$616,091
Net Assets-$237,375

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $190,8682010Expenses 2011: $191,3822011Expenses 2012: $195,5392012Expenses 2013: $217,8302013Revenue 2014: $203,598Expenses 2014: $210,254Net Income 2014: -$6,6562014Revenue 2015: $204,733Expenses 2015: $208,384Net Income 2015: -$3,6512015Revenue 2016: $205,977Expenses 2016: $200,397Net Income 2016: $5,5802016Revenue 2017: $213,528Expenses 2017: $212,230Net Income 2017: $1,2982017Revenue 2018: $210,936Expenses 2018: $203,888Net Income 2018: $7,0482018Revenue 2019: $214,390Expenses 2019: $232,093Net Income 2019: -$17,7032019Revenue 2020: $242,326Expenses 2020: $227,909Net Income 2020: $14,4172020Revenue 2021: $237,135Expenses 2021: $236,512Net Income 2021: $6232021Revenue 2022: $280,811Expenses 2022: $237,773Net Income 2022: $43,0382022Revenue 2023: $809,426Expenses 2023: $301,014Net Income 2023: $508,4122023Revenue 2024: $434,161Expenses 2024: $562,483Net Income 2024: -$128,3222024

Highlighted filing

2018

Revenue$210,936
Expenses$203,888
Net Income$7,048
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 14, 2019
Return Version
2017v2.3
Gross Receipts
$210,936
Mission and Program Overview

Mission

Housing for low income elderly

Housing for low-income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$301,485$276,474▼ $25,011
Intangible Assets$30,016$28,250▼ $1,766
Cash and Non-Interest-Bearing Accounts$6,928$3,688▼ $3,240
Prepaid Expenses and Deferred Charges$1,030$1,029▼ $1
Accounts Receivable$1,486$255▼ $1,231
Total Assets$399,548$378,716▼ $20,832
Other Assets Total$58,603$69,020▲ $10,417
Liabilities
Mortgage Notes Payable Secured by Investment Property$590,173$564,558▼ $25,615
Accounts Payable and Accrued Expenses$48,274$45,898▼ $2,376
Other Liabilities$5,524$5,635▲ $111
Total Liabilities$643,971$616,091▼ $27,880
Net Assets / Fund Balance
Unrestricted Net Assets$-244,423$-237,375▲ $7,048
Total Net Assets Fund Balance$-244,423$-237,375▲ $7,048
Total Liabilities and Net Assets / Fund Balance$399,548$378,716▼ $20,832

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$234,077$546,724$780,801
Equipment$26,147$51,967$78,114
Land$16,250-$16,250
Other Assets Org$33,703--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wallace McalexanderPresident
Scott BlountVice President
Amanda WardBoard Member
Dr Cynthia DavisBoard Member
Dwight DavisBoard Member
Eddie SmithBoard Member
Nancy AlbonettiBoard Member
Rev Andrew ThompsonBoard Member
William KeithBoard Member
James NassoNon-voting CEO
Donald OllioNon-voting CFO
Ronald BudynasNon-voting COO
Mary Lou CushingSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,200
Program Service Revenue
$86,253
Investment Income
$22
Other Revenue
$461
Change in Net Assets
$7,048

Audited Revenue Reconciliation

Revenue per Audited Statements
$210,936
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$210,936
Total Revenue per Form 990
$210,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,922
Salaries, Compensation, and Employee Benefits$22,966
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$68,975--$68,975
Depreciation Depletion$30,772--$30,772
Interest$27,007--$27,007
Other Salaries and Wages$17,575--$17,575
Fees for Services Management-$13,231-$13,231
Insurance$10,462--$10,462
Office Expenses-$9,600-$9,600
Other Expenses$9,132--$9,132
Fees for Services Accounting-$8,191-$8,191
Payroll Taxes$3,145--$3,145
Conferences and Meetings$1,909--$1,909
Travel$1,497--$1,497
Pension Plan Contributions$1,165--$1,165
Other Employee Benefits$1,081--$1,081
Advertising$146--$146
Total Functional Expenses$172,866$31,022$0$203,888

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$203,888
Total Expenses per Audited Statements$203,888
Total Expenses per Form 990$203,888
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$5,635
Governance and Compliance

Governance Checklist

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

St. Mark manor, inc. Is managed by wesley housing corporation of memphis, inc., a professional property management company. Wesley housing corporation of memphis, inc. Has a project owner's and management agent's certification for multifamily housing projects with the us department of housing and urban development. Under this certification, hud has approved wesley housing corporation of memphis, inc. To manage the st. Mark manor, inc. Apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment

Form 990, Part VI, Section A, Line 4

The charter and bylaws were amended to eliminate the three different classes of directors, standardizing and naming of a nomination committee and changing the annual meeting to be held in the last quarter of the year.

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

A copy of the form 990 is reviewed by an officer of the organization prior to filing.

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

Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.

Form 990, Part VI, Section B, Line 15

The compensation of all employees is determined through the approval of the budget.

Form 990, Part VI, Section C, Line 19

Information is available through www.guidestar.org or upon request.

FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B:

Hours worked for related organizations: all of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.

Filing and Contact Details

Filer

Filer Name
St Mark Manor Inc
EIN
58-1747759
Phone
9013804900
Address
1615 APPLING ROAD, CORDOVA, TN 38016

Signing Officer

Name
Don Ollio
Title
CFO
Phone
9013804900
Signed
2019-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald D Ollio Jr
Formed
1989
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Abby Shafer
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Oversight of auditing function: an audit committee reviews the audit results and selection of the auditing firm through a periodic competitive bidding process.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed by the applicable tax authority.

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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt068975
IRS990/OccupancyGrp/TotalAmt068975
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09600
IRS990/OfficeExpensesGrp/TotalAmt09600
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt058603
IRS990/OtherAssetsTotalGrp/EOYAmt069020
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01081
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01081
IRS990/OtherExpensesGrp/Desc0ADMIN RENT FREE UNIT EX
IRS990/OtherExpensesGrp/ProgramServicesAmt09132
IRS990/OtherExpensesGrp/TotalAmt09132
IRS990/OtherLiabilitiesGrp/BOYAmt05524
IRS990/OtherLiabilitiesGrp/EOYAmt05635
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017575
IRS990/OtherSalariesAndWagesGrp/TotalAmt017575
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt03145
IRS990/PayrollTaxesGrp/TotalAmt03145
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01165
IRS990/PensionPlanContributionsGrp/TotalAmt01165
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01030
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01029
IRS990/PrincipalOfficerNm0DONALD D OLLIO JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt086253
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0190281
IRS990/PYOtherRevenueAmt04995
IRS990/PYProgramServiceRevenueAmt083850
IRS990/PYRevenuesLessExpensesAmt01298
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt07048
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt086714
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0124200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0124666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0127782
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0376648
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt086714
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt083850
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt078179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0204711
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0203556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0657010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0119
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04995
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04995
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99510
IRS990ScheduleA/PublicSupportPY509Pct00.98990
IRS990ScheduleA/PublicSupportTotal509Amt01033658
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0210914
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0208516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0205961
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0204711
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0203556
IRS990ScheduleA/Total509Grp/TotalAmt01033658
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0210936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0213528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0205977
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0204733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0203598
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01038772
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0234077
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0546724
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0780801
IRS990ScheduleD/EquipmentGrp/BookValueAmt026147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051967
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt078114
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0203888
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt016250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06442
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt128875
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233703
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0210936
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0276474
IRS990ScheduleD/TotalBookValueOtherAssetsAmt069020
IRS990ScheduleD/TotalExpensesPerForm990Amt0203888
IRS990ScheduleD/TotalLiabilityAmt05635
IRS990ScheduleD/TotalRevenuePerForm990Amt0210936
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0210936
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0203888
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ST. MARK MANOR, INC. IS MANAGED BY WESLEY HOUSING CORPORATION OF MEMPHIS, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. WESLEY HOUSING CORPORATION OF MEMPHIS, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED WESLEY HOUSING CORPORATION OF MEMPHIS, INC. TO MANAGE THE ST. MARK MANOR, INC. APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHARTER AND BYLAWS WERE AMENDED TO ELIMINATE THE THREE DIFFERENT CLASSES OF DIRECTORS, STANDARDIZING AND NAMING OF A NOMINATION COMMITTEE AND CHANGING THE ANNUAL MEETING TO BE HELD IN THE LAST QUARTER OF THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY AN OFFICER OF THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF ALL EMPLOYEES IS DETERMINED THROUGH THE APPROVAL OF THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INFORMATION IS AVAILABLE THROUGH WWW.GUIDESTAR.ORG OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HOURS WORKED FOR RELATED ORGANIZATIONS: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OVERSIGHT OF AUDITING FUNCTION: AN AUDIT COMMITTEE REVIEWS THE AUDIT RESULTS AND SELECTION OF THE AUDITING FIRM THROUGH A PERIODIC COMPETITIVE BIDDING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.22$2.04$0.18$0.43$0.56$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.61$2.30$0.31$0.81$0.30$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.53$0.20$0.28$0.24$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.55$0.24$0.24$0.24$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.57$0.24$0.24$0.23$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.60$0.26$0.21$0.23$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.62$0.24$0.21$0.20$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.64$0.24$0.21$0.21$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.66$0.25$0.21$0.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.68$0.25$0.20$0.21$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.70$0.25$0.20$0.21$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.72$0.24$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.74$0.23$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.77$0.25$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.79$0.26$0.19
Peer Organizations

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