Civic Intelligence

Assembly Terrace Inc

EIN 58-2044986 • 501(c)3 • Winston Salem, NC

Profile

The not for profit corporation was organized to own and operate a 60 unit apartment community in winston salem, nc known as assembly terrace apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. A project rental assistance contract (prac) provides rent assistance for low income families (or persons).

3731 University ParkwayWinston Salem, NC 27106-4018

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

2.57x

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

NTEE L • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

7.56x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2025

Net Margin

36th percentile

-14%

Higher net margin than 36% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

NTEE L • $1M-$5M nonprofits • Source year 2025

Asset Growth

25th percentile

-4.3%

Faster asset growth than 25% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

3.5%

Faster revenue growth than 50% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,326,079

Down $59,733 (-4.3%) from 2024

Liabilities

Up

$3,413,466

Up $3,862 (+0.1%) from 2024

Net Assets

Down

-$2,087,387

Down $63,595 (-3.1%) from 2024

Operations
Liabilities / Revenue81st percentileNet Margin36th percentile

Revenue

Up

$451,792

Up $15,279 (+3.5%) from 2024

Expenses

Up

$515,387

Up $27,705 (+5.7%) from 2024

Net Income

Down

-$63,595

Down $12,426 (-24%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $2,097,587Liabilities 2011: $3,403,333Net Assets 2011: -$1,305,7462011Assets 2012: $2,050,905Liabilities 2012: $3,403,371Net Assets 2012: -$1,352,4662012Assets 2013: $1,988,346Liabilities 2013: $3,398,564Net Assets 2013: -$1,410,2182013Assets 2014: $1,921,986Liabilities 2014: $3,419,964Net Assets 2014: -$1,497,9782014Assets 2015: $1,838,272Liabilities 2015: $3,401,018Net Assets 2015: -$1,562,7462015Assets 2016: $1,787,358Liabilities 2016: $3,405,837Net Assets 2016: -$1,618,4792016Assets 2017: $1,731,296Liabilities 2017: $3,402,916Net Assets 2017: -$1,671,6202017Assets 2018: $1,703,135Liabilities 2018: $3,418,586Net Assets 2018: -$1,715,4512018Assets 2019: $1,632,504Liabilities 2019: $3,402,870Net Assets 2019: -$1,770,3662019Assets 2020: $1,583,810Liabilities 2020: $3,403,019Net Assets 2020: -$1,819,2092020Assets 2021: $1,546,283Liabilities 2021: $3,402,251Net Assets 2021: -$1,855,9682021Assets 2022: $1,472,361Liabilities 2022: $3,404,463Net Assets 2022: -$1,932,1022022Assets 2023: $1,434,850Liabilities 2023: $3,407,473Net Assets 2023: -$1,972,6232023Assets 2024: $1,385,812Liabilities 2024: $3,409,604Net Assets 2024: -$2,023,7922024Assets 2025: $1,326,079Liabilities 2025: $3,413,466Net Assets 2025: -$2,087,3872025

Highlighted filing

2025

Assets$1,326,079
Liabilities$3,413,466
Net Assets-$2,087,387
Open 2025 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $411,4192011Expenses 2012: $390,5662012Expenses 2013: $413,8542013Revenue 2014: $348,813Expenses 2014: $436,573Net Income 2014: -$87,7602014Revenue 2015: $363,571Expenses 2015: $428,339Net Income 2015: -$64,7682015Revenue 2016: $378,025Expenses 2016: $433,758Net Income 2016: -$55,7332016Revenue 2017: $379,326Expenses 2017: $432,467Net Income 2017: -$53,1412017Revenue 2018: $389,309Expenses 2018: $433,140Net Income 2018: -$43,8312018Revenue 2019: $392,850Expenses 2019: $447,765Net Income 2019: -$54,9152019Revenue 2020: $399,401Expenses 2020: $448,244Net Income 2020: -$48,8432020Revenue 2021: $411,164Expenses 2021: $447,923Net Income 2021: -$36,7592021Revenue 2022: $409,692Expenses 2022: $485,826Net Income 2022: -$76,1342022Revenue 2023: $410,859Expenses 2023: $451,380Net Income 2023: -$40,5212023Revenue 2024: $436,513Expenses 2024: $487,682Net Income 2024: -$51,1692024Revenue 2025: $451,792Expenses 2025: $515,387Net Income 2025: -$63,5952025

Highlighted filing

2025

Revenue$451,792
Expenses$515,387
Net Income-$63,595
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,326,079
Liabilities
$3,413,466
Net assets
-$2,087,387
Revenue
$451,792
Expenses
$515,387
Net income
-$63,595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$3.41$2.09$0.45$0.52$0.06
2024Summary only. Only limited summary data is available for this year.$1.39$3.41$2.02$0.44$0.49$0.05
2023Summary only. Only limited summary data is available for this year.$1.43$3.41$1.97$0.41$0.45$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$3.40$1.93$0.41$0.49$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$3.40$1.86$0.41$0.45$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$3.40$1.82$0.40$0.45$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$3.40$1.77$0.39$0.45$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$3.42$1.72$0.39$0.43$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$3.40$1.67$0.38$0.43$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$3.41$1.62$0.38$0.43$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.84$3.40$1.56$0.36$0.43$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.92$3.42$1.50$0.35$0.44$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$3.40$1.41$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$3.40$1.35$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$3.40$1.31$0.41
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 20, 2022
Return Version
2021v4.2
Gross Receipts
$409,692
Mission and Program Overview

Mission

The not for profit corporation was organized to own and operate a 60 unit apartment community in winston salem, nc known as assembly terrace apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. A project rental assistance contract (prac) provides rent assistance for low income families (or persons).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,281,115$1,203,814▼ $77,301
Investments Program Related$171,515$182,659▲ $11,144
Accounts Receivable$6,367$6,059▼ $308
Cash and Non-Interest-Bearing Accounts$14,954$1,161▼ $13,793
Total Assets$1,546,283$1,472,361▼ $73,922
Other Assets Total$72,332$78,668▲ $6,336
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,367,400$3,367,400→ $0
Other Liabilities$21,837$23,831▲ $1,994
Accounts Payable and Accrued Expenses$12,766$11,856▼ $910
Deferred Revenue$248$1,376▲ $1,128
Total Liabilities$3,402,251$3,404,463▲ $2,212
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,855,968$-1,932,102▼ $76,134
Total Net Assets Fund Balance$-1,855,968$-1,932,102▼ $76,134
Total Liabilities and Net Assets / Fund Balance$1,546,283$1,472,361▼ $73,922

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$942,742$2,051,976$2,994,718
Land$238,765-$238,765
Leasehold Improvements$22,121$126,386$148,507
Equipment$186$50,671$50,857
Investment Program Related Org$161,272--
Other Assets Org$59,429--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Dr Leila VickersPresident
Boris ElderVice President
Briana BrewerDirector
Cynthia EverhartDirector
David HensonDirector
Rodney AshbyDirector
Scipio TuckerDirector
Shirley Rhoades PinnixDirector
Timothy BeemanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$171,213
Program Service Revenue
$230,025
Investment Income
$46
Other Revenue
$8,408
Change in Net Assets
$-76,134

Audited Revenue Reconciliation

Revenue per Audited Statements
$409,692
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$409,692
Total Revenue per Form 990
$409,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$485,826
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
Occupancy$268,002--$268,002
Depreciation Depletion$77,300--$77,300
Fees for Services Management-$54,156-$54,156
Office Expenses-$13,857-$13,857
Fees for Services Accounting-$5,492-$5,492
Information Technology-$2,177-$2,177
Insurance-$1,164-$1,164
Advertising-$792-$792
Other Expenses$733$61,943-$733
Conferences and Meetings-$162-$162
Travel-$48-$48
Total Functional Expenses$346,035$139,791$0$485,826

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$485,826
Expenses per Audited Statements$484,461
Total Expenses per Audited Statements$484,461
Expenses Not Reported on Financial Statements$1,365
Other Expense Adjustments$1,365
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
Security Deposits$19,239
Misc. Current Liabilities$2,457
Accrued Wages Payable$1,996
Accrued Payroll Taxes Payable$139
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“Assembly terrace, inc. Is managed by community management corporation, a professional property management company. Community mangement corporation has a project owner's & management certification for multifamily housing projects with the us department of housing and urban development. Under this certification hud has aproved community management corporation to manage the assembly terrace apartments property. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

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

“The outside independent accountant fowards a draft of form 990 to the management company, which in turn disperses a complete copy of the 990 to the board of directors for their review. Upon board approval, the board president notifies the management company to communicate approval to the outside accountant, which issues a final return for the board president to sign and file.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate officers or directors (see page 7, part vii). If the organization revises their position on compensation of officers and directors, an additional policy will be drafted at that time”

Form 990, Part VI, Section C, Line 19

“Form 990 and all related financial and policy information are made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Assembly Terrace Inc
EIN
58-2044986
Phone
3367650424
Address
3731 UNIVERSITY PARKWAY, WINSTON SALEM, NC 27106-4018

Signing Officer

Name
Dr Leila Vickers
Title
President
Phone
3367650424
Signed
2022-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Leila Vickers
Formed
1993
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Page 12, Part XII Line 2C

“Overview of audit funtion included on page 9 in current year other revenue: the management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”

Financial Statement Notes

PART X, LINE 2:

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

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Book to tax depreciation expense difference 1,365.”

Raw XML AppendixShowing 400 of 472 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012766
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011856
IRS990/AccountsReceivableGrp/BOYAmt06367
IRS990/AccountsReceivableGrp/EOYAmt06059
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0792
IRS990/AdvertisingGrp/TotalAmt0792
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAURA GRIMES
IRS990/BooksInCareOfDetail/PhoneNum03367650424
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 25168
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt014954
IRS990/CashNonInterestBearingGrp/EOYAmt01161
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0162
IRS990/ConferencesMeetingsGrp/TotalAmt0162
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0171213
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt046
IRS990/CYOtherExpensesAmt0485826
IRS990/CYOtherRevenueAmt08408
IRS990/CYProgramServiceRevenueAmt0230025
IRS990/CYRevenuesLessExpensesAmt0-76134
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0485826
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409692
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0248
IRS990/DeferredRevenueGrp/EOYAmt01376
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt077300
IRS990/DepreciationDepletionGrp/TotalAmt077300
IRS990/Desc0THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0346035
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05492
IRS990/FeesForServicesAccountingGrp/TotalAmt05492
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt054156
IRS990/FeesForServicesManagementGrp/TotalAmt054156
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0DR LEILA VICKERS
IRS990/Form990PartVIISectionAGrp/PersonNm1BORIS ELDER
IRS990/Form990PartVIISectionAGrp/PersonNm2CYNTHIA EVERHART
IRS990/Form990PartVIISectionAGrp/PersonNm3RODNEY ASHBY
IRS990/Form990PartVIISectionAGrp/PersonNm4SHIRLEY RHOADES PINNIX
IRS990/Form990PartVIISectionAGrp/PersonNm5TIMOTHY BEEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIANA BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID HENSON
IRS990/Form990PartVIISectionAGrp/PersonNm8SCIPIO TUCKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0171213
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0409692
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02177
IRS990/InformationTechnologyGrp/TotalAmt02177
IRS990/InsuranceGrp/ManagementAndGeneralAmt01164
IRS990/InsuranceGrp/TotalAmt01164
IRS990/InvestmentIncomeGrp/ExclusionAmt046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0171515
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0182659
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02229033
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01281115
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01203814
IRS990/LandBldgEquipCostOrOtherBssAmt03432847
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03367400
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03367400
IRS990/NetAssetsOrFundBalancesBOYAmt0-1855968
IRS990/NetAssetsOrFundBalancesEOYAmt0-1932102
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1855968
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1932102
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0268002
IRS990/OccupancyGrp/TotalAmt0268002
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013857
IRS990/OfficeExpensesGrp/TotalAmt013857
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072332
IRS990/OtherAssetsTotalGrp/EOYAmt078668
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MTG CO EMPLOYEE CHARGEB
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061943
IRS990/OtherExpensesGrp/ProgramServicesAmt0733
IRS990/OtherExpensesGrp/TotalAmt061943
IRS990/OtherExpensesGrp/TotalAmt1733
IRS990/OtherLiabilitiesGrp/BOYAmt021837
IRS990/OtherLiabilitiesGrp/EOYAmt023831
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE-MISC.
IRS990/OtherRevenueMiscGrp/ExclusionAmt04357
IRS990/OtherRevenueMiscGrp/ExclusionAmt13050
IRS990/OtherRevenueMiscGrp/ExclusionAmt21001
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04357
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21001
IRS990/OtherRevenueTotalAmt08408
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR LEILA VICKERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230025
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0170254
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1086
IRS990/PYOtherExpensesAmt0447923
IRS990/PYOtherRevenueAmt014603
IRS990/PYProgramServiceRevenueAmt0227393
IRS990/PYRevenuesLessExpensesAmt0-36759
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0447923
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0411164
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-76134
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0230025
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES, INSURANCE PROCEEDS, AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0171213
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0170254
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0162342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0171840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0164331
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0839980
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0230025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0227393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0229826
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0218433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0217301
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01122978
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0682
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08408
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt014603
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt08331
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010301
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07625
IRS990ScheduleA/OtherIncome509Grp/TotalAmt049268
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97520
IRS990ScheduleA/PublicSupportPY509Pct00.97630
IRS990ScheduleA/PublicSupportTotal509Amt01962958
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0401238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0397647
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0392168
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0390273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0381632
IRS990ScheduleA/Total509Grp/TotalAmt01962958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0412344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0400759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0400804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0389309
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02012908
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/BookValueAmt0942742
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02051976
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02994718
IRS990ScheduleD/EquipmentGrp/BookValueAmt0186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050671
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050857
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01365
IRS990ScheduleD/ExpensesSubtotalAmt0484461
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt021387
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1161272
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE REPLACEMENT FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0238765
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0238765
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt022121
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0126386
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0148507
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt019239
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt159429
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RESERVES
IRS990ScheduleD/OtherExpensesNotIncludedAmt01365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019239
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MISC. CURRENT LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0409692
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK TO TAX DEPRECIATION EXPENSE DIFFERENCE 1,365.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01203814
IRS990ScheduleD/TotalBookValueOtherAssetsAmt078668
IRS990ScheduleD/TotalBookValueProgramRltdAmt0182659
IRS990ScheduleD/TotalExpensesPerForm990Amt0485826
IRS990ScheduleD/TotalLiabilityAmt023831
IRS990ScheduleD/TotalRevenuePerForm990Amt0409692
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0409692
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0484461
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASSEMBLY TERRACE, INC. IS MANAGED BY COMMUNITY MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. COMMUNITY MANGEMENT CORPORATION HAS A PROJECT OWNER'S & MANAGEMENT CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION HUD HAS APROVED COMMUNITY MANAGEMENT CORPORATION TO MANAGE THE ASSEMBLY TERRACE APARTMENTS PROPERTY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OUTSIDE INDEPENDENT ACCOUNTANT FOWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISPERSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES THEIR POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OVERVIEW OF AUDIT FUNTION INCLUDED ON PAGE 9 IN CURRENT YEAR OTHER REVENUE: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01546283
IRS990/TotalAssetsEOYAmt01472361
IRS990/TotalAssetsGrp/BOYAmt01546283
IRS990/TotalAssetsGrp/EOYAmt01472361

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1M-$5M nonprofits