Civic Intelligence

Aspen Homes for Elderly Inc.

990 • Fiscal year 2015 • EIN 58-1992910

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 05, 2015

Organization ProfileN/A
PO Box 1218Morristown, TN 37816-1218

(423) 587-4500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.56x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

9.07x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

10th percentile

-32%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

32nd percentile

-2.8%

Faster asset growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$1,151,124

Down $33,138 (-2.8%) from 2014

Net Assets

Down

-$647,819

Down $63,648 (-11%) from 2014

Liabilities

Up

$1,798,943

Up $30,510 (+1.7%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin10th percentile

Revenue

Up

$198,292

Up $19,852 (+11%) from 2014

Expenses

Up

$261,940

Up $42,145 (+19%) from 2014

Net Income

Down

-$63,648

Down $22,293 (-54%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,289,564Liabilities 2011: $1,751,194Net Assets 2011: -$461,6302011Assets 2012: $1,255,685Liabilities 2012: $1,751,368Net Assets 2012: -$495,6832012Assets 2013: $1,210,197Liabilities 2013: $1,753,013Net Assets 2013: -$542,8162013Assets 2014: $1,184,262Liabilities 2014: $1,768,433Net Assets 2014: -$584,1712014Assets 2015: $1,151,124Liabilities 2015: $1,798,943Net Assets 2015: -$647,8192015Assets 2016: $1,092,924Liabilities 2016: $1,753,287Net Assets 2016: -$660,3632016Assets 2017: $1,055,603Liabilities 2017: $1,760,473Net Assets 2017: -$704,8702017Assets 2018: $1,012,076Liabilities 2018: $1,745,093Net Assets 2018: -$733,0172018Assets 2019: $1,011,722Liabilities 2019: $1,767,798Net Assets 2019: -$756,0762019Assets 2020: $956,806Liabilities 2020: $1,750,109Net Assets 2020: -$793,3032020Assets 2021: $928,590Liabilities 2021: $1,760,023Net Assets 2021: -$831,4332021Assets 2022: $891,665Liabilities 2022: $1,768,185Net Assets 2022: -$876,5202022Assets 2023: $850,900Liabilities 2023: $1,803,104Net Assets 2023: -$952,2042023Assets 2024: $826,089Liabilities 2024: $1,835,562Net Assets 2024: -$1,009,4732024Assets 2025: $802,181Liabilities 2025: $1,839,628Net Assets 2025: -$1,037,4472025

Highlighted filing

2015

Assets$1,151,124
Liabilities$1,798,943
Net Assets-$647,819
Open 2015 Filing

Operations Trend

Revenue Growth66th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $180,4572011Expenses 2012: $193,9392012Expenses 2013: $210,6752013Revenue 2014: $178,440Expenses 2014: $219,795Net Income 2014: -$41,3552014Revenue 2015: $198,292Expenses 2015: $261,940Net Income 2015: -$63,6482015Revenue 2016: $202,198Expenses 2016: $214,742Net Income 2016: -$12,5442016Revenue 2017: $203,902Expenses 2017: $248,408Net Income 2017: -$44,5062017Revenue 2018: $202,154Expenses 2018: $230,301Net Income 2018: -$28,1472018Revenue 2019: $232,674Expenses 2019: $255,734Net Income 2019: -$23,0602019Revenue 2020: $225,844Expenses 2020: $263,071Net Income 2020: -$37,2272020Revenue 2021: $242,108Expenses 2021: $280,238Net Income 2021: -$38,1302021Revenue 2022: $251,903Expenses 2022: $296,991Net Income 2022: -$45,0882022Revenue 2023: $247,521Expenses 2023: $323,204Net Income 2023: -$75,6832023Revenue 2024: $255,590Expenses 2024: $312,859Net Income 2024: -$57,2692024Revenue 2025: $270,165Expenses 2025: $298,139Net Income 2025: -$27,9742025

Highlighted filing

2015

Revenue$198,292
Expenses$261,940
Net Income-$63,648
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$198,292
Mission and Program Overview

Mission

To provide housing for low-income elderly or handicapped tenants under section 202 of the national housing act.

Low-income housing for elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$861,850$824,157▼ $37,693
Prepaid Expenses and Deferred Charges$6,501$8,274▲ $1,773
Cash and Non-Interest-Bearing Accounts$1,954$3,945▲ $1,991
Total Assets$1,184,262$1,151,124▼ $33,138
Other Assets Total$313,957$314,748▲ $791
Liabilities
Other Liabilities$1,728,150$1,728,543▲ $393
Accounts Payable and Accrued Expenses$40,283$70,400▲ $30,117
Total Liabilities$1,768,433$1,798,943▲ $30,510
Net Assets / Fund Balance
Unrestricted Net Assets$-584,171$-647,819▼ $63,648
Total Net Assets Fund Balance$-584,171$-647,819▼ $63,648
Total Liabilities and Net Assets / Fund Balance$1,184,262$1,151,124▼ $33,138

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$704,360$781,703$1,486,063
Land$117,998-$117,998
Equipment$1,200$30,441$31,641
Other Land Buildings$599$8,095$8,694
Other Assets Org$10,643--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Susan LukerPresident
Kathy BoatmanExecutive Vice President
Jack YatesVice-president
Barbara MasonDirector
Barbara RaperDirector
Chris HorneDirector
Geneva MyersDirector
Joe BenthalDirector
Kim LovedayDirector
Lane WolfenbargerDirector
Michael CollinsDirector
Stanley WilderSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$67,782
Program Service Revenue
$130,423
Investment Income
$87
Other Revenue
$0
Change in Net Assets
$-63,648

Audited Revenue Reconciliation

Revenue per Audited Statements
$198,292
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$198,292
Total Revenue per Form 990
$198,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$261,940
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
Fees for Services Management$22,799$23,785-$46,584
Depreciation Depletion$37,693--$37,693
Insurance$7,739--$7,739
Fees for Services Accounting-$4,211-$4,211
Office Expenses-$4,192-$4,192
Advertising$2,688--$2,688
Other Expenses$2,665--$2,665
Fees for Services Other-$572-$572
Total Functional Expenses$229,180$32,760$0$261,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$261,940
Total Expenses per Audited Statements$261,940
Total Expenses per Form 990$261,940
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
Hud Capital Advance$1,717,900
Tenant Security Deposits$10,643
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
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

“Day to day operations are performed by a non-profit management agent approved by hud.”

Form 990, Part VI, Section A, Line 6

“One class of members comprised of individuals with an interest in housing for elderly and low-income persons.”

Form 990, Part VI, Section A, Line 7A

“All members have voting right to elect the governing body (board of directors).”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the executive director of the management company.”

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

“Annual training sessions with on-site managers.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Aspen Homes for Elderly Inc
EIN
58-1992910
Phone
4235874500
Address
PO BOX 1218, MORRISTOWN, TN 37816-1218
Doing Business As
Auburn Hills Apartments

Signing Officer

Name
Susan Luker
Title
President
Phone
4235874500
Signed
2015-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Luker
Formed
1992
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Purkey Carter Compton Swann & Carter
Address
PLLC PO BOX 727, MORRISTOWN, TN 37815
Preparer
Doyle Carter CPA
Phone
4235864850
Supplemental Narrative

Additional Explanations

Part IX

“Section 1.263 (a)-1(f) de minimis safe harbor election aspen homes for elderly, inc. P.o. Box 1218 morristown, tn 37816 employer identification number: 58-1992910 for the year ending june 30, 2015 aspen homes for elderly, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263 (a)-1(f).”

Financial Statement Notes

PART X, LINE 2:

“The project is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The project believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. The project is no longer subject to income tax examinations by the u.s. Federal, state, or local authorities for years beyond three years.”

Raw XML AppendixShowing 400 of 1,032 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.

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IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0128079
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0128079
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2753
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt043974
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt089
IRS990/PYOtherExpensesAmt0219795
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0134377
IRS990/PYRevenuesLessExpensesAmt0-41355
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0219795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0178440
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-63648
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130423
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt067782
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt031871
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028393
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022221
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0194241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0344
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01197
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0130423
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0134377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0131434
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0131149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0125220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0652603
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01197
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00280
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99720
IRS990ScheduleA/PublicSupportTotal509Amt0846844
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0178351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0163305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0159542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0147441
IRS990ScheduleA/Total509Grp/TotalAmt0846844
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0198292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0178440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0163542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0159886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147881
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0848041
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0704360
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0781703
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01486063
IRS990ScheduleD/EquipmentGrp/BookValueAmt01200
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031641
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0261940
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0117998
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0117998
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04364
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1246936
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt252805
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310643
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0599
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08095
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11717900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HUD CAPITAL ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0198292
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE PROJECT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL AUTHORITIES FOR YEARS BEYOND THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0824157
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0314748
IRS990ScheduleD/TotalExpensesPerForm990Amt0261940
IRS990ScheduleD/TotalLiabilityAmt01728543
IRS990ScheduleD/TotalRevenuePerForm990Amt0198292
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0198292
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0261940
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAY TO DAY OPERATIONS ARE PERFORMED BY A NON-PROFIT MANAGEMENT AGENT APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE CLASS OF MEMBERS COMPRISED OF INDIVIDUALS WITH AN INTEREST IN HOUSING FOR ELDERLY AND LOW-INCOME PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS HAVE VOTING RIGHT TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL TRAINING SESSIONS WITH ON-SITE MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SECTION 1.263 (A)-1(F) DE MINIMIS SAFE HARBOR ELECTION ASPEN HOMES FOR ELDERLY, INC. P.O. BOX 1218 MORRISTOWN, TN 37816 EMPLOYER IDENTIFICATION NUMBER: 58-1992910 FOR THE YEAR ENDING JUNE 30, 2015 ASPEN HOMES FOR ELDERLY, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263 (A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART IX
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0621328332
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CENTURY PROPERTIES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 1218
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MORRISTOWN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd037816

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,151,124
Liabilities
$1,798,943
Net assets
-$647,819
Revenue
$198,292
Expenses
$261,940
Net income
-$63,648
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$1.84$1.04$0.27$0.30$0.03
2024Summary only. Only limited summary data is available for this year.$0.83$1.84$1.01$0.26$0.31$0.06
2023Summary only. Only limited summary data is available for this year.$0.85$1.80$0.95$0.25$0.32$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$1.77$0.88$0.25$0.30$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$1.76$0.83$0.24$0.28$0.04
2020Summary only. Only limited summary data is available for this year.$0.96$1.75$0.79$0.23$0.26$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$1.77$0.76$0.23$0.26$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$1.75$0.73$0.20$0.23$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$1.76$0.70$0.20$0.25$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.09$1.75$0.66$0.20$0.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.15$1.80$0.65$0.20$0.26$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.18$1.77$0.58$0.18$0.22$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.75$0.54$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$1.75$0.50$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$1.75$0.46$0.18