Civic Intelligence

Western Nc Housing Partnership Inc

EIN 58-2065033 • 501(c)3 • Hendersonville, NC

Profile

The partnership provides assistance in the development of housing, primarily for older and handicapped adults.

224 Thompson St 181Hendersonville, NC 28792

www.wnchousing.org

Siviq Scores

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

Liabilities / Assets

44th percentile

0.29x

Higher debt load relative to assets than 44% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

1.37x

Higher debt load relative to revenue than 51% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

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 2024

Asset Growth

91st percentile

29%

Faster asset growth than 91% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-3.2%

Faster revenue growth than 26% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$3,815,759

Up $856,935 (+29%) from 2023

Liabilities

Up

$1,115,483

Up $420,366 (+60%) from 2023

Net Assets

Up

$2,700,276

Up $436,569 (+19%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin90th percentile

Revenue

Down

$815,783

Down $26,543 (-3.2%) from 2023

Expenses

Up

$385,598

Up $12,490 (+3.3%) from 2023

Net Income

Down

$430,185

Down $39,033 (-8.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,298,736Liabilities 2011: $1,050,142Net Assets 2011: $1,248,5942011Assets 2012: $2,164,404Liabilities 2012: $1,026,676Net Assets 2012: $1,137,7282012Assets 2013: $2,109,743Liabilities 2013: $1,006,360Net Assets 2013: $1,103,3832013Assets 2014: $2,787,634Liabilities 2014: $980,039Net Assets 2014: $1,807,5952014Assets 2015: $2,823,828Liabilities 2015: $960,841Net Assets 2015: $1,862,9872015Assets 2016: $2,794,817Liabilities 2016: $610,604Net Assets 2016: $2,184,2132016Assets 2017: $2,893,306Liabilities 2017: $586,356Net Assets 2017: $2,306,9502017Assets 2018: $3,001,787Liabilities 2018: $630,937Net Assets 2018: $2,370,8502018Assets 2019: $2,800,597Liabilities 2019: $605,381Net Assets 2019: $2,195,2162019Assets 2020: $2,769,708Liabilities 2020: $615,539Net Assets 2020: $2,154,1692020Assets 2021: $2,552,714Liabilities 2021: $565,229Net Assets 2021: $1,987,4852021Assets 2022: $2,447,111Liabilities 2022: $654,730Net Assets 2022: $1,792,3812022Assets 2023: $2,958,824Liabilities 2023: $695,117Net Assets 2023: $2,263,7072023Assets 2024: $3,815,759Liabilities 2024: $1,115,483Net Assets 2024: $2,700,2762024

Highlighted filing

2024

Assets$3,815,759
Liabilities$1,115,483
Net Assets$2,700,276
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $253,552Expenses 2011: $194,366Net Income 2011: $59,1862011Revenue 2012: $314,480Expenses 2012: $424,326Net Income 2012: -$109,8462012Revenue 2013: $284,240Expenses 2013: $318,065Net Income 2013: -$33,8252013Revenue 2014: $450,376Expenses 2014: $312,942Net Income 2014: $137,4342014Revenue 2015: $319,368Expenses 2015: $262,292Net Income 2015: $57,0762015Revenue 2016: $572,166Expenses 2016: $249,615Net Income 2016: $322,5512016Revenue 2017: $393,053Expenses 2017: $269,262Net Income 2017: $123,7912017Revenue 2018: $363,742Expenses 2018: $298,678Net Income 2018: $65,0642018Revenue 2019: $85,431Expenses 2019: $282,949Net Income 2019: -$197,5182019Revenue 2020: $306,250Expenses 2020: $351,047Net Income 2020: -$44,7972020Revenue 2021: $298,466Expenses 2021: $258,098Net Income 2021: $40,3682021Revenue 2022: $510,872Expenses 2022: $368,012Net Income 2022: $142,8602022Revenue 2023: $842,326Expenses 2023: $373,108Net Income 2023: $469,2182023Revenue 2024: $815,783Expenses 2024: $385,598Net Income 2024: $430,1852024

Highlighted filing

2024

Revenue$815,783
Expenses$385,598
Net Income$430,185
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,815,759
Liabilities
$1,115,483
Net assets
$2,700,276
Revenue
$815,783
Expenses
$385,598
Net income
$430,185
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.82$1.12$2.70$0.82$0.39$0.43
2023Detailed filing. Detailed filing data is available for this year.$2.96$0.70$2.26$0.84$0.37$0.47
2022Detailed filing. Detailed filing data is available for this year.$2.45$0.65$1.79$0.51$0.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.55$0.57$1.99$0.30$0.26$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.62$2.15$0.31$0.35$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.80$0.61$2.20$0.09$0.28$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.00$0.63$2.37$0.36$0.30$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.89$0.59$2.31$0.39$0.27$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.79$0.61$2.18$0.57$0.25$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.82$0.96$1.86$0.32$0.26$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.79$0.98$1.81$0.45$0.31$0.14
2013Summary only. Only limited summary data is available for this year.$2.11$1.01$1.10$0.28$0.32$0.03
2012Summary only. Only limited summary data is available for this year.$2.16$1.03$1.14$0.31$0.42$0.11
2011Summary only. Only limited summary data is available for this year.$2.30$1.05$1.25$0.25$0.19$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$833,703
Mission and Program Overview

Mission

The partnership provides assistance in the development of housing, primarily for older and handicapped adults.

Provide housing for the disadvantaged

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$934,524$1,380,110▲ $445,586
Savings and Temporary Cash Investments$621,899$1,195,412▲ $573,513
Land, Buildings, and Equipment, Net$544,525$515,711▼ $28,814
Accounts Receivable$45,724$53,568▲ $7,844
Pledges and Grants Receivable$40,000--
Prepaid Expenses and Deferred Charges$422$520▲ $98
Total Assets$2,958,824$3,815,759▲ $856,935
Other Assets Total$771,730$670,438▼ $101,292
Liabilities
Mortgage Notes Payable Secured by Investment Property$577,608$604,449▲ $26,841
Other Liabilities$53,275$503,275▲ $450,000
Accounts Payable and Accrued Expenses$3,233$7,710▲ $4,477
Deferred Revenue$61,001$49▼ $60,952
Total Liabilities$695,117$1,115,483▲ $420,366
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,931,204$2,315,983▲ $384,779
Net Assets With Donor Restrictions$332,503$384,293▲ $51,790
Total Net Assets Fund Balance$2,263,707$2,700,276▲ $436,569
Total Liabilities and Net Assets / Fund Balance$2,958,824$3,815,759▲ $856,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$321,888$550,786$872,674
Land$170,300-$170,300
Leasehold Improvements$21,800$15,140$36,940
Other Land Buildings$0$32,457$32,457
Equipment$1,723$5,399$7,122
Other Assets Org$7,422--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Ms Sherry GriffinChairman
Mr James EdwardsVice-chair
Mr Ben WillisDirector
Mr Dan KornelisDirector
Mr Joe WardDirector
Ms Karen KiehnaDirector
Ms Leeanne TuckerDirector
Ms Lenay ShularDirector
Ms Joy StrasselExecutive Director
Ms Olivia CollierEx-officio
Ms Erica AndersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$274,002
Program Service Revenue
$473,968
Investment Income
$23,965
Other Revenue
$43,848
Change in Net Assets
$430,185

Audited Revenue Reconciliation

Revenue per Audited Statements
$694,275
Revenue Not Reported on Financial Statements
$121,508
Revenue Not Reported on Form 990
$1,066,093
Other Revenue Adjustments
$121,508
Total Revenue per Audited Statements
$1,760,368
Total Revenue per Form 990
$815,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,598
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
Depreciation Depletion$28,814--$28,814
Occupancy$27,161--$27,161
Fees for Services Accounting-$19,286-$19,286
Fees for Services Management-$15,728-$15,728
Office Expenses-$13,762-$13,762
Interest$10,723--$10,723
Travel$7,577--$7,577
Insurance$6,796--$6,796
Other Expenses$3,000$5,548-$3,000
Total Functional Expenses$331,274$54,324$0$385,598

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,350,534
Expenses Not Reported on Form 990$964,936
Expenses per Audited Statements$385,598
Total Expenses per Form 990$385,598
Expenses Not Reported on Financial Statements$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
Note Payable$500,000
Tenant Security Deposits$3,275
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the form 990 is provided to the board of directors prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the public at its office.”

Filing and Contact Details

Filer

Filer Name
Western Nc Housing Partnership Inc
EIN
58-2065033
Phone
8282872281
Address
224 THOMPSON ST 181, HENDERSONVILLE, NC 28792

Signing Officer

Name
Joy Strassel
Title
Executive Director
Phone
8282792654
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joy Strassel
Formed
1993
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Olga Oganesov
Phone
3362944494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Investment in cedar bluffs, lp 120,105. Investment in park at cline village 25,707. Rental income from pass-through entities -95,580. Sec 743(b) income from pass-through entities -43,848.”

Financial Statement Notes

PART X, LINE 2:

“It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a 'more-likely-than-not' threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for 2024 and 2023.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Related entity revenues included in financial statements 1,066,093.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Section 743(b) positive adjustment from pass-through entity 43,848. Section 1231 loss from pass-through entity -17,920. Rental income from pass through entities 95,580.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Related entity expenses included in financial statements 964,936.”

Raw XML AppendixShowing 400 of 602 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt017920
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PARTNERSHIP PROVIDES ASSISTANCE IN THE DEVELOPMENT OF HOUSING, PRIMARILY FOR OLDER AND HANDICAPPED ADULTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0577608
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0604449
IRS990/NetAssetsOrFundBalancesBOYAmt02263707
IRS990/NetAssetsOrFundBalancesEOYAmt02700276
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-17920
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-17920
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01931204
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02315983
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt027161
IRS990/OccupancyGrp/TotalAmt027161
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013762
IRS990/OfficeExpensesGrp/TotalAmt013762
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0771730
IRS990/OtherAssetsTotalGrp/EOYAmt0670438
IRS990/OtherChangesInNetAssetsAmt06384
IRS990/OtherExpensesGrp/Desc0CONTRACTOR EXPENSE
IRS990/OtherExpensesGrp/Desc1MAINTENANCE & OPERATING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3PURCHASE OF PARTERNSHIP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05548
IRS990/OtherExpensesGrp/ProgramServicesAmt0200923
IRS990/OtherExpensesGrp/ProgramServicesAmt146280
IRS990/OtherExpensesGrp/ProgramServicesAmt23000
IRS990/OtherExpensesGrp/TotalAmt0200923
IRS990/OtherExpensesGrp/TotalAmt146280
IRS990/OtherExpensesGrp/TotalAmt25548
IRS990/OtherExpensesGrp/TotalAmt33000
IRS990/OtherLiabilitiesGrp/BOYAmt053275
IRS990/OtherLiabilitiesGrp/EOYAmt0503275
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0SEC 743(B) POSITIVE AD
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt043848
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043848
IRS990/OtherRevenueTotalAmt043848
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt040000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0422
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0520
IRS990/PrincipalOfficerNm0JOY STRASSEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1533110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME FROM PAS
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LAND LEASE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0294256
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt195580
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt256710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt327422
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0294256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt195580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt256710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327422
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0319717
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-9379
IRS990/PYOtherExpensesAmt0373108
IRS990/PYOtherRevenueAmt0294736
IRS990/PYProgramServiceRevenueAmt0237252
IRS990/PYRevenuesLessExpensesAmt0469218
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0373108
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0842326
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0430185
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0517816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0621899
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01195412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0274002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0319717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0251320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0133968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0127819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01106826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016359
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07361
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016555
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt091404
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01580982
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66180
IRS990ScheduleA/PublicSupportPY170Pct00.74970
IRS990ScheduleA/PublicSupportTotal170Amt0793002
IRS990ScheduleA/SubstantialContributorsTotAmt0313824
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0274002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0319717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0251320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0127819
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01106826
IRS990ScheduleA/TotalSupportAmt01198230
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/BookValueAmt0321888
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0550786
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0872674
IRS990ScheduleD/EquipmentGrp/BookValueAmt01723
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05399
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07122
IRS990ScheduleD/ExpensesNotReportedAmt0964936
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0385598
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0170300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0170300
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt021800
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015140
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt036940
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013693
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1127235
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2-109726
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3-143289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4192000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5219103
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6125000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7239000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt87422
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPMENT ADVANCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN CEDAR BLUFFS, LP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INVESTMENT IN PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LINVILLE COVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTMENT IN PARK AT CLINE VILLAGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6PARKSIDE COMMONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7VILLAS AT NORTHVIEW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8FINANCE RIGHT-TO-USE LEASED ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt0964936
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032457
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherRevenueAmt01066093
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0121508
IRS990ScheduleD/RevenueNotReportedAmt01066093
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0121508
IRS990ScheduleD/RevenueSubtotalAmt0694275
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A 'MORE-LIKELY-THAN-NOT' THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED ENTITY REVENUES INCLUDED IN FINANCIAL STATEMENTS 1,066,093.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SECTION 743(B) POSITIVE ADJUSTMENT FROM PASS-THROUGH ENTITY 43,848. SECTION 1231 LOSS FROM PASS-THROUGH ENTITY -17,920. RENTAL INCOME FROM PASS THROUGH ENTITIES 95,580.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RELATED ENTITY EXPENSES INCLUDED IN FINANCIAL STATEMENTS 964,936.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0515711
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0670438
IRS990ScheduleD/TotalExpensesPerForm990Amt0385598
IRS990ScheduleD/TotalLiabilityAmt0503275
IRS990ScheduleD/TotalRevenuePerForm990Amt0815783
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01760368
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01350534
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC AT ITS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT IN CEDAR BLUFFS, LP 120,105. INVESTMENT IN PARK AT CLINE VILLAGE 25,707. RENTAL INCOME FROM PASS-THROUGH ENTITIES -95,580. SEC 743(B) INCOME FROM PASS-THROUGH ENTITIES -43,848.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19

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