Civic Intelligence

Springdale Housing Inc.

990 • Fiscal year 2019 • EIN 58-2024539

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 13, 2020

Organization ProfileN/A
Post Office Box 1254Dunn, NC 28335

(910) 892-0436

Siviq Scores

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

Liabilities / Assets

97th percentile

3.42x

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

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

6.54x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Net Margin

40th percentile

-12%

Higher net margin than 40% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Asset Growth

6th percentile

-12%

Faster asset growth than 6% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

3.3%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$589,525

Down $80,560 (-12%) from 2018

Net Assets

Down

-$1,423,726

Down $37,576 (-2.7%) from 2018

Liabilities

Down

$2,013,251

Down $42,984 (-2.1%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin40th percentile

Revenue

Up

$307,746

Up $9,882 (+3.3%) from 2018

Expenses

Down

$345,322

Down $25,909 (-7.0%) from 2018

Net Income

Up

-$37,576

Up $35,791 (+49%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th 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 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

2019

Assets$589,525
Liabilities$2,013,251
Net Assets-$1,423,726
Open 2019 Filing

Operations Trend

Revenue Growth59th percentile

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 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

2019

Revenue$307,746
Expenses$345,322
Net Income-$37,576
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 13, 2020
Return Version
2019v5.1
Gross Receipts
$307,746
Mission and Program Overview

Mission

Reduced Rent Housing for Elderly and Handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$509,960$439,301▼ $70,659
Cash and Non-Interest-Bearing Accounts$461$4,617▲ $4,156
Accounts Receivable$122,956$2,103▼ $120,853
Prepaid Expenses and Deferred Charges$1,905$1,906▲ $1
Total Assets$670,085$589,525▼ $80,560
Other Assets Total$34,803$141,598▲ $106,795
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,979,000$1,979,000→ $0
Accounts Payable and Accrued Expenses$64,420$21,401▼ $43,019
Other Liabilities$12,733$12,848▲ $115
Deferred Revenue$82$2▼ $80
Total Liabilities$2,056,235$2,013,251▼ $42,984
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,386,150$-1,423,726▼ $37,576
Total Net Assets Fund Balance$-1,386,150$-1,423,726▼ $37,576
Total Liabilities and Net Assets / Fund Balance$670,085$589,525▼ $80,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$271,857$1,455,994-
Other Land Buildings$0$50,389-
Land$125,663--
Equipment$15,201$36,713-
Leasehold Improvements$26,580$180,390-
Other Assets Org$141,598--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$307,645
Investment Income
$101
Other Revenue
$0
Change in Net Assets
$-37,576

Audited Revenue Reconciliation

Revenue per Audited Statements
$307,746
Total Revenue per Audited Statements
$307,746
Total Revenue per Form 990
$307,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,008
Salaries, Compensation, and Employee Benefits$79,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$77,180$0$0$77,180
Other Salaries and Wages$0$62,241$0$62,241
Fees for Services Management$0$49,433$0$49,433
Occupancy$23,480$0$0$23,480
Other Employee Benefits$0$11,557$0$11,557
Insurance$10,765$0$0$10,765
Fees for Services Accounting$0$7,620$0$7,620
Office Expenses$0$6,052$0$6,052
Payroll Taxes$0$4,534$0$4,534
Conferences and Meetings$0$1,840$0$1,840
Information Technology$0$1,837$0$1,837
Other Expenses$1,558$0$0$1,558
Advertising$1,490$0$0$1,490
Pension Plan Contributions$0$982$0$982
Travel$0$673$0$673
Total Functional Expenses$198,553$146,769$0$345,322

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$345,322
Total Expenses per Audited Statements$345,322
Total Expenses per Form 990$345,322
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$12,848
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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

Filer Name
Springdale Housing Inc
EIN
58-2024539
Phone
9108920436
Address
Post Office Box 1254, Dunn, NC 28335

Signing Officer

Name
Don G Wellons
Title
President
Phone
9108920436
Signed
2020-04-13
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

Firm
Patterson & Associates PLLC
Address
4248 FAYETTEVILLE ROAD, LUMBERTON, NC 28359
Preparer
Matthew A Patterson CPA
Phone
9107381448
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Several Board members share a family relationship.”

Pt VI, Line 11B

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

Pt VI, Line 12C

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

Pt VI, Line 15A

“Organization reimburses management company for payroll related expenses.”

Pt VI, Line 15B

“Organization reimburses management company for payroll related expenses.”

Pt VI, Line 19

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

Raw XML AppendixShowing 400 of 456 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/BOYAmt064420
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021401
IRS990/AccountsReceivableGrp/BOYAmt0122956
IRS990/AccountsReceivableGrp/EOYAmt02103
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Reduced Rent Housing for Elderly and Handicapped
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt01490
IRS990/AdvertisingGrp/TotalAmt01490
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Wellons Foundation Management Services
IRS990/BooksInCareOfDetail/PhoneNum09108920426
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1254
IRS990/BooksInCareOfDetail/USAddress/CityNm0Dunn
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028335
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0461
IRS990/CashNonInterestBearingGrp/EOYAmt04617
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01840
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt01840
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0101
IRS990/CYOtherExpensesAmt0266008
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0307645
IRS990/CYRevenuesLessExpensesAmt0-37576
IRS990/CYSalariesCompEmpBnftPaidAmt079314
IRS990/CYTotalExpensesAmt0345322
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0307746
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt082
IRS990/DeferredRevenueGrp/EOYAmt02
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt077180
IRS990/DepreciationDepletionGrp/TotalAmt077180
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/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0198553
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07620
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt07620
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt049433
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt049433
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Don G Wellons
IRS990/Form990PartVIISectionAGrp/PersonNm1John H Wellons Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2Leigh Anna Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm3Kathy H Kennedy
IRS990/Form990PartVIISectionAGrp/PersonNm4Sylvia W Craft
IRS990/Form990PartVIISectionAGrp/PersonNm5Gene T Jernigan
IRS990/Form990PartVIISectionAGrp/PersonNm6Llewellyn T Jernigan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
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/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0307746
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01837
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt01837
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt010765
IRS990/InsuranceGrp/TotalAmt010765
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0101
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01723486
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0509960
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0439301
IRS990/LandBldgEquipCostOrOtherBssAmt02162787
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/NetAssetsOrFundBalancesBOYAmt0-1386150
IRS990/NetAssetsOrFundBalancesEOYAmt0-1423726
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1386150
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1423726
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt023480
IRS990/OccupancyGrp/TotalAmt023480
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06052
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt06052
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt034803
IRS990/OtherAssetsTotalGrp/EOYAmt0141598
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011557
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011557
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
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/ProgramServicesAmt071503
IRS990/OtherExpensesGrp/ProgramServicesAmt112577
IRS990/OtherExpensesGrp/ProgramServicesAmt21558
IRS990/OtherExpensesGrp/TotalAmt071503
IRS990/OtherExpensesGrp/TotalAmt112577
IRS990/OtherExpensesGrp/TotalAmt21558
IRS990/OtherLiabilitiesGrp/BOYAmt012733
IRS990/OtherLiabilitiesGrp/EOYAmt012848
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062241
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt062241
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04534
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt04534
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0982
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0982
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01906
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/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1182244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26231
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt060
IRS990/PYOtherExpensesAmt0291722
IRS990/PYProgramServiceRevenueAmt0297804
IRS990/PYRevenuesLessExpensesAmt0-73367
IRS990/PYSalariesCompEmpBnftPaidAmt079509
IRS990/PYTotalExpensesAmt0371231
IRS990/PYTotalRevenueAmt0297864
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-37576
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0345322
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0293
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0307645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0297804
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0268752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0213943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0135002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01223146
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0628
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt01223146
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0307645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0297804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0268752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0213943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0135002
IRS990ScheduleA/Total509Grp/TotalAmt01223146
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01223774
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0271857
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01455994
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01727851
IRS990ScheduleD/EquipmentGrp/BookValueAmt015201
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036713
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt051914
IRS990ScheduleD/ExpensesSubtotalAmt0345322
IRS990ScheduleD/LandGrp/BookValueAmt0125663
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0125663
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026580
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0180390
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0206970
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0141598
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CASH DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050389
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050389
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0307746
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0439301
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0141598
IRS990ScheduleD/TotalExpensesPerForm990Amt0345322
IRS990ScheduleD/TotalLiabilityAmt012848
IRS990ScheduleD/TotalRevenuePerForm990Amt0307746
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0307746
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0345322
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Several Board members share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization makes 990 available to Board members who wish to inspect prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict of interest policy is reviewed annually during Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Organization reimburses management company for payroll related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organization has a copy of 990 available for inspection.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0670085
IRS990/TotalAssetsEOYAmt0589525
IRS990/TotalAssetsGrp/BOYAmt0670085
IRS990/TotalAssetsGrp/EOYAmt0589525
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0146769
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198553
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02056235
IRS990/TotalLiabilitiesEOYAmt02013251
IRS990/TotalLiabilitiesGrp/BOYAmt02056235
IRS990/TotalLiabilitiesGrp/EOYAmt02013251
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1386150
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1423726
IRS990/TotalProgramServiceExpensesAmt0198553
IRS990/TotalProgramServiceRevenueAmt0307645
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0307746

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$589,525
Liabilities
$2,013,251
Net assets
-$1,423,726
Revenue
$307,746
Expenses
$345,322
Net income
-$37,576
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
2019Detailed filing. Detailed filing data is available for this year.$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
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