Civic Intelligence

Springdale Housing Inc.

990 • Fiscal year 2013 • EIN 58-2024539

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

Organization ProfileN/A
Post Office Box 125428335

(910) 892-0436

Siviq Scores

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

Liabilities / Assets

95th percentile

1.78x

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

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

88th percentile

13.46x

Higher debt load relative to revenue than 88% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Net Margin

8th percentile

-65%

Higher net margin than 8% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Asset Growth

10th percentile

-7.8%

Faster asset growth than 10% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets95th percentile

Assets

Flat

$1,128,817

Flat from 2013

Net Assets

Flat

-$876,335

Flat from 2013

Liabilities

Flat

$2,005,152

Flat from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin8th percentile

Revenue

Flat

$148,949

Flat from 2013

Expenses

Flat

$246,235

Flat from 2013

Net Income

Flat

-$97,286

Flat from 2013

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,349,717Liabilities 2011: $2,041,971Net Assets 2011: -$692,2542011Assets 2012: $1,224,229Liabilities 2012: $2,003,277Net Assets 2012: -$779,0482012Assets 2013: $1,128,817Liabilities 2013: $2,005,152Net Assets 2013: -$876,3352013Assets 2013: $1,128,817Liabilities 2013: $2,005,152Net Assets 2013: -$876,3352013Assets 2014: $988,245Liabilities 2014: $2,001,303Net Assets 2014: -$1,013,0582014Assets 2015: $827,130Liabilities 2015: $2,017,894Net Assets 2015: -$1,190,7642015Assets 2016: $735,043Liabilities 2016: $2,016,336Net Assets 2016: -$1,281,2932016Assets 2017: $695,831Liabilities 2017: $2,008,614Net Assets 2017: -$1,312,7832017Assets 2018: $670,085Liabilities 2018: $2,056,235Net Assets 2018: -$1,386,1502018Assets 2019: $589,525Liabilities 2019: $2,013,251Net Assets 2019: -$1,423,7262019Assets 2020: $563,020Liabilities 2020: $2,009,022Net Assets 2020: -$1,446,0022020Assets 2021: $510,887Liabilities 2021: $2,005,384Net Assets 2021: -$1,494,4972021Assets 2022: $480,403Liabilities 2022: $2,018,908Net Assets 2022: -$1,538,5052022Assets 2023: $484,128Liabilities 2023: $2,012,775Net Assets 2023: -$1,528,6472023

Highlighted filing

2013

Assets$1,128,817
Liabilities$2,005,152
Net Assets-$876,335
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KExpenses 2011: $196,9642011Expenses 2012: $220,2992012Revenue 2013: $148,949Expenses 2013: $246,235Net Income 2013: -$97,2862013Revenue 2013: $148,949Expenses 2013: $246,235Net Income 2013: -$97,2862013Revenue 2014: $129,731Expenses 2014: $266,454Net Income 2014: -$136,7232014Revenue 2015: $135,295Expenses 2015: $313,000Net Income 2015: -$177,7052015Revenue 2016: $214,033Expenses 2016: $304,562Net Income 2016: -$90,5292016Revenue 2017: $268,836Expenses 2017: $300,326Net Income 2017: -$31,4902017Revenue 2018: $297,864Expenses 2018: $371,231Net Income 2018: -$73,3672018Revenue 2019: $307,746Expenses 2019: $345,322Net Income 2019: -$37,5762019Revenue 2020: $313,656Expenses 2020: $335,932Net Income 2020: -$22,2762020Revenue 2021: $325,218Expenses 2021: $373,713Net Income 2021: -$48,4952021Revenue 2022: $324,219Expenses 2022: $368,227Net Income 2022: -$44,0082022Revenue 2023: $334,573Expenses 2023: $324,715Net Income 2023: $9,8582023

Highlighted filing

2013

Revenue$148,949
Expenses$246,235
Net Income-$97,286
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.1
Gross Receipts
$148,949
Mission and Program Overview

Mission

Reduced Rent Housing for Elderly and Handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$809,940$765,575▼ $44,365
Cash and Non-Interest-Bearing Accounts$2,224$6,412▲ $4,188
Prepaid Expenses and Deferred Charges$4,777$5,020▲ $243
Accounts Receivable$710$19▼ $691
Total Assets$1,224,229$1,128,817▼ $95,412
Other Assets Total$406,578$351,791▼ $54,787
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,979,000$1,979,000→ $0
Accounts Payable and Accrued Expenses$12,743$14,468▲ $1,725
Other Liabilities$11,337$11,684▲ $347
Deferred Revenue$198--
Total Liabilities$2,003,278$2,005,152▲ $1,874
Net Assets / Fund Balance
Unrestricted Net Assets$-779,049$-876,335▼ $97,286
Total Net Assets Fund Balance$-779,049$-876,335▼ $97,286
Total Liabilities and Net Assets / Fund Balance$1,224,229$1,128,817▼ $95,412

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$548,290$993,472-
Other Land Buildings$2,361$47,728-
Land$125,663--
Equipment$47,038$114,891-
Leasehold Improvements$42,223$159,471-
Other Assets Org$351,791--
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Kathy H KennedyAsst Sec/Director
Gene T JerniganDirector
Llewellyn T JerniganDirector
Sylvia W CraftDirector
Don G WellonsPres/Director
Tammy L HowardSec/Treas/Director
John H Wellons JrVP/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$148,393
Investment Income
$556
Other Revenue
$0
Change in Net Assets
$-97,286

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,949
Total Revenue per Audited Statements
$148,949
Total Revenue per Form 990
$148,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,372
Salaries, Compensation, and Employee Benefits$29,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,094$0$0$65,094
Other Salaries and Wages$0$27,570$0$27,570
Fees for Services Management$0$20,727$0$20,727
Occupancy$20,214$0$0$20,214
Insurance$11,003$0$0$11,003
Fees for Services Accounting$0$7,620$0$7,620
Office Expenses$0$3,974$0$3,974
Payroll Taxes$0$2,183$0$2,183
Information Technology$0$1,015$0$1,015
Advertising$860$0$0$860
Other Expenses$468$0$0$468
Conferences and Meetings$0$295$0$295
Other Employee Benefits$0$110$0$110
Travel$0$80$0$80
Total Functional Expenses$182,661$63,574$0$246,235

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$246,235
Total Expenses per Audited Statements$246,235
Total Expenses per Form 990$246,235
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 Deposits$11,684
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Filing and Contact Details

Filer

EIN
58-2024539
Phone
9108920436

Signing Officer

Name
Don G Wellons
Title
President
Phone
9108920436
Signed
2014-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don G Wellons
Formed
1992
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Matthew a Patterson CPA
Phone
9107381448
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Organization makes 990 available to Board Members who wish to inspect prior to filing.”

Pt VI, Line 15A

“Organization reimburses management company for payroll related expenses.”

Pt VI, Line 19

“Organization has a copy of 990 available for inspection.”

Pt VI, Line 2

“Several Board Members share a family relationship.”

Pt VI, Line 12C

“Conflict of interest policy is reviewed annually during board meetings.”

Pt VI, Line 15B

“Organization reimburses management company for payroll related expenses.”

Raw XML AppendixShowing 400 of 405 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012743
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014468
IRS990/AccountsReceivableGrp/BOYAmt0710
IRS990/AccountsReceivableGrp/EOYAmt019
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Reduced Rent Housing for Elderly and Handicapped
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0860
IRS990/AdvertisingGrp/TotalAmt0860
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10Wellons Foundation Management Services
IRS990/BooksInCareOfDetail/PhoneNum09108920426
IRS990/BooksInCareOfDetail/USAddress/AddressLine10PO Box 1254
IRS990/BooksInCareOfDetail/USAddress/City0Dunn
IRS990/BooksInCareOfDetail/USAddress/State0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode028335
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02224
IRS990/CashNonInterestBearingGrp/EOYAmt06412
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0295
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt0295
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0556
IRS990/CYOtherExpensesAmt0216372
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0148393
IRS990/CYRevenuesLessExpensesAmt0-97286
IRS990/CYSalariesCompEmpBnftPaidAmt029863
IRS990/CYTotalExpensesAmt0246235
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0148949
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0198
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065094
IRS990/DepreciationDepletionGrp/TotalAmt065094
IRS990/Desc0PROVIDE ELDERLY & HANDICAPPED PERSONS WITH REDUCED RENT HOUSING & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, & USEFULNESS IN LONGER LIVING. 40 UNITS PROVIDED
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0182661
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07620
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt07620
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt020727
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt020727
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/PersonNm0DON G WELLONS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN H WELLONS JR
IRS990/Form990PartVIISectionAGrp/PersonNm2TAMMY L HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHY H KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm4SYLVIA W CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm5GENE T JERNIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6LLEWELLYN T JERNIGAN
IRS990/Form990PartVIISectionAGrp/TitleTxt0Pres/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treas/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Asst Sec/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0148949
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01015
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt01015
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt011003
IRS990/InsuranceGrp/TotalAmt011003
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0556
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01315562
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0809940
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0765575
IRS990/LandBldgEquipCostOrOtherBssAmt02081137
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Reduced Rent Housing for Elderly and Handicapped
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01979000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01979000
IRS990/NetAssetsOrFundBalancesBOYAmt0-779049
IRS990/NetAssetsOrFundBalancesEOYAmt0-876335
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt020214
IRS990/OccupancyGrp/TotalAmt020214
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03974
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03974
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0406578
IRS990/OtherAssetsTotalGrp/EOYAmt0351791
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0110
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0110
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt077451
IRS990/OtherExpensesGrp/ProgramServicesAmt17571
IRS990/OtherExpensesGrp/ProgramServicesAmt2468
IRS990/OtherExpensesGrp/TotalAmt077451
IRS990/OtherExpensesGrp/TotalAmt17571
IRS990/OtherExpensesGrp/TotalAmt2468
IRS990/OtherLiabilitiesGrp/BOYAmt011337
IRS990/OtherLiabilitiesGrp/EOYAmt011684
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027570
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt027570
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02183
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt02183
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04777
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05020
IRS990/PrincipalOfficerNm0DON G WELLONS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0Rent - Tenants
IRS990/ProgramServiceRevenueGrp/Desc1HUD Rental Assistance
IRS990/ProgramServiceRevenueGrp/Desc2Related Service Income
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224052
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01262
IRS990/PYOtherExpensesAmt0189283
IRS990/PYProgramServiceRevenueAmt0132243
IRS990/PYRevenuesLessExpensesAmt0-86794
IRS990/PYSalariesCompEmpBnftPaidAmt031016
IRS990/PYTotalExpensesAmt0220299
IRS990/PYTotalRevenueAmt0133505
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-97286
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0148393
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0556
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01262
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02713
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05772
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010534
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0148393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0132243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0128265
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0125263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0126826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0660990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0556
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01262
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02713
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05772
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010534
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020837
IRS990ScheduleA/InvestmentIncomeCYPct00.03060
IRS990ScheduleA/InvestmentIncomePYPct00.05700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.96940
IRS990ScheduleA/PublicSupportPY509Pct00.94300
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0660990
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0148393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0132243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0128265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0125263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0126826
IRS990ScheduleA/Total509Grp/TotalAmt0660990
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0681827
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0548290
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0993472
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01541762
IRS990ScheduleD/EquipmentGrp/BookValueAmt047038
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114891
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0161929
IRS990ScheduleD/ExpensesSubtotalAmt0246235
IRS990ScheduleD/LandGrp/BookValueAmt0125663
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0125663
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt042223
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0159471
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0201694
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0351791
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CASH DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02361
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047728
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0148949
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0765575
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0351791
IRS990ScheduleD/TotalExpensesPerForm990Amt0246235
IRS990ScheduleD/TotalLiabilityAmt011684
IRS990ScheduleD/TotalRevenuePerForm990Amt0148949
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0148949
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0246235
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization makes 990 available to Board Members who wish to inspect prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization has a copy of 990 available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Several Board Members share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conflict of interest policy is reviewed annually during board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01224229
IRS990/TotalAssetsEOYAmt01128817
IRS990/TotalAssetsGrp/BOYAmt01224229
IRS990/TotalAssetsGrp/EOYAmt01128817
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063574
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182661
IRS990/TotalFunctionalExpensesGrp/TotalAmt0246235
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02003278
IRS990/TotalLiabilitiesEOYAmt02005152
IRS990/TotalLiabilitiesGrp/BOYAmt02003278
IRS990/TotalLiabilitiesGrp/EOYAmt02005152
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-779049
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-876335
IRS990/TotalProgramServiceExpensesAmt0182661
IRS990/TotalProgramServiceRevenueAmt0148393
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0148949
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0148949
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01224229
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01128817
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt080
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt080
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-779049
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-876335
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 1254
IRS990/USAddress/City0DUNN
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode028335
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON G WELLONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09108920436
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10Springdale Housing Inc
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0582024539
ReturnHeader/Filer/PhoneNum09108920436
ReturnHeader/Filer/USAddress/AddressLine10Post Office Box 1254
ReturnHeader/Filer/USAddress/City0Dunn
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode028335
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10COLLINS KEMP & PATTERSON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 1105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0LUMBERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode028359
ReturnHeader/PreparerPersonGrp/PhoneNum09107381448
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW A PATTERSON CPA

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.

Open filing
Assets
$1,128,817
Liabilities
$2,005,152
Net assets
-$876,335
Revenue
$148,949
Expenses
$246,235
Net income
-$97,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.48$2.01$1.53$0.33$0.32$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$2.02$1.54$0.32$0.37$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$2.01$1.49$0.33$0.37$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$2.01$1.45$0.31$0.34$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$2.01$1.42$0.31$0.35$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$2.06$1.39$0.30$0.37$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$2.01$1.31$0.27$0.30$0.03
2016Summary only. Only limited summary data is available for this year.$0.74$2.02$1.28$0.21$0.30$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$2.02$1.19$0.14$0.31$0.18
2014Summary only. Only limited summary data is available for this year.$0.99$2.00$1.01$0.13$0.27$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.13$2.01$0.88$0.15$0.25$0.10
2013Summary only. Only limited summary data is available for this year.$1.13$2.01$0.88$0.15$0.25$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$2.00$0.78$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$2.04$0.69$0.20