Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Nonprofit Housing Preservation Inc.
990 • Fiscal year 2013 • EIN 58-1835663
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.5% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Down$789,261
Down $589,611 (-43%) from 2012
Net Assets
Up$484,436
Up $1,299,824 (+159%) from 2012
Liabilities
Down$304,825
Down $1,889,435 (-86%) from 2012
Revenue And Expenses
Revenue
$2,236,677
No earlier filing loaded for comparison.
Expenses
Down$936,853
Down $6,516,931 (-87%) from 2012
Net Income
$1,299,824
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 3, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $2,236,677
Mission and Program Overview
Mission
To facilitate the development and management of affordable housing for low income individuals by identifying those with housing needs and sponsoring projects to address those needs.
To facilitate the development of afforda- ble housing for low income individuals by identifying those with housing needs and sponsoring projects to address those needs.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $558,385 | $600,193 | ▲ $41,808 |
| Other Notes and Loans Receivable, Net | $358,332 | $0 | ▼ $358,332 |
| Land, Buildings, and Equipment, Net | $4,449 | $4,449 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $13,979 | $677 | ▼ $13,302 |
| Intangible Assets | $270 | $0 | ▼ $270 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Accounts Receivable | $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 in Publicly Traded Securities | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $1,378,872 | $789,261 | ▼ $589,611 |
| Other Assets Total | $443,457 | $183,942 | ▼ $259,515 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $767,626 | $0 | ▼ $767,626 |
| Other Liabilities | $1,168,302 | $304,825 | ▼ $863,477 |
| Accounts Payable and Accrued Expenses | $258,332 | $0 | ▼ $258,332 |
| 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 | $2,194,260 | $304,825 | ▼ $1,889,435 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-815,388 | $484,436 | ▲ $1,299,824 |
| Permanently Rstr Net Assets | $0 | $0 | → $0 |
| Temporarily Rstr Net Assets | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $-815,388 | $484,436 | ▲ $1,299,824 |
| Total Liabilities and Net Assets / Fund Balance | $1,378,872 | $789,261 | ▼ $589,611 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $4,449 | $39,861 | $44,310 |
| Leasehold Improvements | - | $15,676 | $15,676 |
| Other Land Buildings | - | $1,186 | $1,186 |
| Investment Program Related Org | $604,640 | - | - |
| Other Assets Org | $0 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Bruce C Gunter | President | FT | $12,000 | $12,000 |
| Lorraine P Mills | Vice President | PT | $6,000 | $6,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Carol Naughton | Chairman/director |
| Robin Meyer | Director |
| Chris Brown | Treasurer/director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $434,403
- Program Service Revenue
- $243,162
- Investment Income
- $2
- Other Revenue
- $1,559,110
- All Other Contributions
- $434,403
- Change in Net Assets
- $1,299,824
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $936,853 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $892,799 | $4,852 | - | $897,651 |
| Fees for Services Accounting | - | $12,030 | - | $12,030 |
| Other Expenses | - | $2,576 | - | $2,576 |
| Travel | - | $409 | - | $409 |
| Fees for Services Legal | - | $20 | - | $20 |
| Total Functional Expenses | $892,799 | $44,054 | $0 | $936,853 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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 Item | Beginning | End | Change |
|---|---|---|---|
| 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
| Liability | Amount |
|---|---|
| Development Fees Payable | $279,738 |
| Note Payable - Other | $25,087 |
| Accrued Interest | $0 |
| Due to Affiliates | $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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
- 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
- No
Governance Explanations
PART VI SECTION B #11
“A copy of the return is provided to the members of the governing body and they are given a deadline in which to review and provide any comments which are addressed before it is sent to the internal revenue service.”
PART VI SECTION C #19
“The organization makes its governing documents and financial statements available to the public upon request.”
PART VI SECTION B #15A & #15B
“The process for determining compensation for the president, chairman, officers, and directors is determined by the board of directors of progressive redevelopment, inc., and approved by the treasurer of the board. To ensure competitiveness, wages are compared to other affordable housing organizations, both for- and not-for-profit, or the local market for positions applicable to a broader competitive market. Annually the board of directors will review executive salaries to ensure competitiveness with external markets and for internal equity in relation to general employee wages and benefits, individual and organizational performance, and the financial resources of the organization.”
PART VI, SECTION B #12C
“The board of directors of progressive redevelopment, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.”
Filing and Contact Details
Filer
- EIN
- 58-1835663
- In Care Of
- % LORRAINE MILLS
- Phone
- 4043711230
Signing Officer
- Name
- Bruce C Gunter
- Title
- President
- Phone
- 4042504011
- Signed
- 2014-11-03
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Bruce C Gunter
- Formed
- 1987
- Legal Domicile
- Ga
- Voting Board Members
- 5
- Independent Board Members
- 3
- Employees
- 0
- Volunteers
- 0
Preparer
- Preparer
- Linda T Rowland CPA
- Phone
- 4042504011
Supplemental Narrative
Additional Explanations
FORM 990, PART XI #9
“Other adjustment due to prior year correction of progressive bradford townhomes, llc equity. Progressive bradford townhomes, llc is a wholly-owned subsidiary of progressive redevelopment, inc.”
Explanation of Other Income
“Developer fee write-off due to the relinquisment of the rights to collect developer fees that were previously expensed.”
Form 990 Part IX Line 24 - Other Expenses
“Description:repairs total expenses:150 management and general:150”
Form 990 Part IX Line 24 - Other Expenses
“Description:supplies total expenses:4702 management and general:4702”
Form 990 Part IX Line 24 - Other Expenses
“Description:bad debt expense total expenses:351998 program services:351998”
Form 990 Part IX Line 24 - Other Expenses
“Description:guaranty payment total expenses:514301 program services:514301”
Form 990 Part IX Line 24 - Other Expenses
“Description:investment write off total expenses:26500 program services:26500”
Raw XML AppendixShowing 400 of 577 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 258332 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO FACILITATE THE DEVELOPMENT OF AFFORDA- BLE HOUSING FOR LOW INCOME INDIVIDUALS BY IDENTIFYING THOSE WITH HOUSING NEEDS AND SPONSORING PROJECTS TO ADDRESS THOSE NEEDS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 434403 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4852 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 892799 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 897651 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LORRAINE MILLS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4043711230 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 321 WEST HILL STREET |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | DECATUR |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 30030 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 13979 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 677 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 434403 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2 |
| IRS990/CYOtherExpensesAmt | 0 | 936853 |
| IRS990/CYOtherRevenueAmt | 0 | 1559110 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 243162 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1299824 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 936853 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2236677 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | THE ORGANIZATION HAS SPONSORED THE DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING UNITS FOR LOW INCOME INDIVIDUALS AND THEIR FAMILIES. THESE UNITS PROVIDE DECENT, SAFE, REASONABLY PRICED APARTMENTS FOR LOW INCOME PERSONS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExcessBusinessHoldingsInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 892799 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 12030 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12030 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 20 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 20 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 20.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBIN MEYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CAROL NAUGHTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRIS BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRUCE C GUNTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LORRAINE P MILLS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 12000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 6000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2236677 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 270 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 558385 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 600193 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 56723 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4449 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 4449 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 61172 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO FACILITATE THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS BY IDENTIFYING THOSE WITH HOUSING NEEDS AND SPONSORING PROJECTS TO ADDRESS THOSE NEEDS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 767626 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -815388 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 484436 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 443457 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 183942 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TAXES, LICENSES AND INSURANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | GENERAL AND ADMINISTRATIVE |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER PROFESSIONAL FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1505 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3608 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 19054 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2576 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1505 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3608 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19054 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2576 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1168302 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 304825 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | CANCELLATION OF DEBT INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1556618 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2492 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1556618 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2492 |
| IRS990/OtherRevenueTotalAmt | 0 | 1559110 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 358332 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | BRUCE C GUNTER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL LOSS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DEVELOPER FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | -234 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 243396 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | -234 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 243396 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 110439 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 832434 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 7163821 |
| IRS990/PYOtherRevenueAmt | 0 | 2998117 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 572050 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -2940744 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 289963 |
| IRS990/PYTotalExpensesAmt | 0 | 7453784 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4513040 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1299824 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 1802272 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 434403 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 110439 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 34462 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 174390 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 70610 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 824304 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8479 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 124884 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 133371 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 1802272 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 4402599 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 284465 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1654486 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1807269 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 9951091 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8479 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 124884 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 133371 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01223 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01603 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.19016 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.36117 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2074383 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 1755745 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 3843523 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 135827 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1409554 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1556363 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 8701012 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt | 0 | 1755745 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt | 0 | 3843523 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt | 0 | 135827 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1409554 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1556363 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 8701012 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 2236675 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4513038 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 318927 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1828876 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1877879 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 10775395 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 2236677 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 4513040 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 318931 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1837355 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2002763 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 10908766 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 4449 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 39861 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 44310 |
| IRS990ScheduleD/FederalIncomeTaxLiabilityAmt | 0 | 0 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | -29358 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | -89 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 25000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 604640 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | EAST POINT INC. |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | APARTMENTS LP |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | MAXWELL HOUSE GA, LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | HERITAGE I INC. |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 4 | INVESTMENT IN HRC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 4 | C |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 15676 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 15676 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 183942 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEVELOPMENT FEES RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | ORGANIZATIONS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | ACCRUED INCOME |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1186 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1186 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 25087 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 279738 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | NOTE PAYABLE - OTHER |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | DEVELOPMENT FEES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | DUE TO AFFILIATES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4449 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 183942 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 600193 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 304825 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE RETURN IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND THEY ARE GIVEN A DEADLINE IN WHICH TO REVIEW AND PROVIDE ANY COMMENTS WHICH ARE ADDRESSED BEFORE IT IS SENT TO THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT, CHAIRMAN, OFFICERS, AND DIRECTORS IS DETERMINED BY THE BOARD OF DIRECTORS OF PROGRESSIVE REDEVELOPMENT, INC., AND APPROVED BY THE TREASURER OF THE BOARD. TO ENSURE COMPETITIVENESS, WAGES ARE COMPARED TO OTHER AFFORDABLE HOUSING ORGANIZATIONS, BOTH FOR- AND NOT-FOR-PROFIT, OR THE LOCAL MARKET FOR POSITIONS APPLICABLE TO A BROADER COMPETITIVE MARKET. ANNUALLY THE BOARD OF DIRECTORS WILL REVIEW EXECUTIVE SALARIES TO ENSURE COMPETITIVENESS WITH EXTERNAL MARKETS AND FOR INTERNAL EQUITY IN RELATION TO GENERAL EMPLOYEE WAGES AND BENEFITS, INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE, AND THE FINANCIAL RESOURCES OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS OF PROGRESSIVE REDEVELOPMENT, INC. REVIEWS PERIODICALLY THE CONFLICT OF INTEREST DISCLOSURES AND DETERMINES WHETHER ANY ACTION IS REQUIRED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OTHER ADJUSTMENT DUE TO PRIOR YEAR CORRECTION OF PROGRESSIVE BRADFORD TOWNHOMES, LLC EQUITY. PROGRESSIVE BRADFORD TOWNHOMES, LLC IS A WHOLLY-OWNED SUBSIDIARY OF PROGRESSIVE REDEVELOPMENT, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DEVELOPER FEE WRITE-OFF DUE TO THE RELINQUISMENT OF THE RIGHTS TO COLLECT DEVELOPER FEES THAT WERE PREVIOUSLY EXPENSED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DESCRIPTION:REPAIRS TOTAL EXPENSES:150 MANAGEMENT AND GENERAL:150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DESCRIPTION:SUPPLIES TOTAL EXPENSES:4702 MANAGEMENT AND GENERAL:4702 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | DESCRIPTION:BAD DEBT EXPENSE TOTAL EXPENSES:351998 PROGRAM SERVICES:351998 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $789,261
- Liabilities
- $304,825
- Net assets
- $484,436
- Revenue
- $2,236,677
- Expenses
- $936,853
- Net income
- $1,299,824