Civic Intelligence

Western N C Housing Partnership Inc.

990 • Fiscal year 2015 • EIN 58-2065033

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 19, 2016

Organization ProfileWWW.WNCHOUSING.ORG
PO Box 841Rutherfordton, NC 28139

(828) 287-2281

Siviq Scores

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

Liabilities / Assets

38th percentile

0.34x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

3.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Net Margin

83rd percentile

18%

Higher net margin than 83% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Asset Growth

74th percentile

1.3%

Faster asset growth than 74% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-29%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$2,823,828

Up $36,194 (+1.3%) from 2014

Net Assets

Up

$1,862,987

Up $55,392 (+3.1%) from 2014

Liabilities

Down

$960,841

Down $19,198 (-2.0%) from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin83rd percentile

Revenue

Down

$319,368

Down $131,008 (-29%) from 2014

Expenses

Down

$262,292

Down $50,650 (-16%) from 2014

Net Income

Down

$57,076

Down $80,358 (-58%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$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

2015

Assets$2,823,828
Liabilities$960,841
Net Assets$1,862,987
Open 2015 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$319,368
Expenses$262,292
Net Income$57,076
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$319,368
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
Land, Buildings, and Equipment, Net$752,791$723,848▼ $28,943
Cash and Non-Interest-Bearing Accounts$476,679$483,960▲ $7,281
Savings and Temporary Cash Investments$106,197$101,784▼ $4,413
Accounts Receivable$23,731$53,892▲ $30,161
Prepaid Expenses and Deferred Charges$999$728▼ $271
Total Assets$2,787,634$2,823,828▲ $36,194
Other Assets Total$1,427,237$1,459,616▲ $32,379
Liabilities
Mortgage Notes Payable Secured by Investment Property$974,364$951,362▼ $23,002
Accounts Payable and Accrued Expenses$2,468$6,041▲ $3,573
Other Liabilities$3,200$3,200→ $0
Deferred Revenue$7$238▲ $231
Total Liabilities$980,039$960,841▼ $19,198
Net Assets / Fund Balance
Unrestricted Net Assets$994,744$1,039,423▲ $44,679
Temporarily Rstr Net Assets$812,851$823,564▲ $10,713
Total Net Assets Fund Balance$1,807,595$1,862,987▲ $55,392
Total Liabilities and Net Assets / Fund Balance$2,787,634$2,823,828▲ $36,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$548,754$310,370$859,124
Land$170,300-$170,300
Other Land Buildings$2,453$30,004$32,457
Equipment$0$4,874$4,874
Leasehold Improvements$2,341$2,089$4,430
Other Assets Org$253--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Mr James EdwardsChairman
Ms Sherry LongVice-chair
Mr Dan KornelisDirector
Ms Anita DavieDirector
Ms Olivia CollierEx-officio
Ms Laura LynchSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$152,414
Program Service Revenue
$152,831
Investment Income
$13,860
Other Revenue
$263
Change in Net Assets
$57,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$283,476
Revenue Not Reported on Financial Statements
$35,892
Revenue Not Reported on Form 990
$417,579
Other Revenue Adjustments
$35,892
Total Revenue per Audited Statements
$701,055
Total Revenue per Form 990
$319,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,292
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$28,943--$28,943
Occupancy$16,639--$16,639
Fees for Services Accounting-$15,000-$15,000
Interest$14,340--$14,340
Other Expenses$52,389$11,726-$11,726
Fees for Services Management-$10,560-$10,560
Insurance$5,511--$5,511
Office Expenses-$4,726-$4,726
Fees for Services Legal-$3,555-$3,555
Travel$672--$672
Total Functional Expenses$216,725$45,567$0$262,292

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$646,690
Expenses Not Reported on Form 990$384,398
Expenses per Audited Statements$262,292
Total Expenses per Form 990$262,292
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
Tenant Security Deposits$3,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 is provided to the board of directors at a board meeting prior to filing. The board is given time to review form 990 and ask questions.”

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
PO BOX 841, RUTHERFORDTON, NC 28139

Signing Officer

Name
Mr James Edwards
Title
Chairman
Phone
8282872281
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr James Edwards
Formed
1993
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Investment in cedar bluffs, lp 34,208. Rental losses from pass-through entities -35,892.”

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 2015 and 2014.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Related entity revenues included in financial statements 417,579.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental losses from pass-through entities 35,892.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Related entity expenses included in financial statements 384,398.”

Raw XML AppendixShowing 400 of 600 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0152414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0333500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0144854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0964267
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013860
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012694
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013499
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013840
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt069317
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0633653
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93290
IRS990ScheduleA/PublicSupportPY170Pct00.94510
IRS990ScheduleA/PublicSupportTotal170Amt0964267
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0152414
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0333500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0144854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176442
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0964267
IRS990ScheduleA/TotalSupportAmt01033584
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/BookValueAmt0548754
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0310370
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0859124
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04874
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04874
IRS990ScheduleD/ExpensesNotReportedAmt0384398
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0262292
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0170300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0170300
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02341
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02089
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04430
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1140000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2341450
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3239000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4109564
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt537
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt610000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7325000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt8192000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt9-22688
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt10253
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PARKSIDE COMMONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1WALDEN RIDGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PARK AT CLINE VILLAGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3VILLAS AT NORTHVIEW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTMENT IN PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6LEASE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7CEDAR BLUFFS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8LINVILLE COVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc9INVESTMENT IN CEDAR BLUFFS, LP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc10DEVELOPMENT ADVANCES
IRS990ScheduleD/OtherExpensesIncludedAmt0384398
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02453
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030004
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0417579
IRS990ScheduleD/OtherRevenuesNotIncludedAmt035892
IRS990ScheduleD/RevenueNotReportedAmt0417579
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt035892
IRS990ScheduleD/RevenueSubtotalAmt0283476
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 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED ENTITY REVENUES INCLUDED IN FINANCIAL STATEMENTS 417,579.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL LOSSES FROM PASS-THROUGH ENTITIES 35,892.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RELATED ENTITY EXPENSES INCLUDED IN FINANCIAL STATEMENTS 384,398.
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/TotalBookValueLandBuildingsAmt0723848
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01459616
IRS990ScheduleD/TotalExpensesPerForm990Amt0262292
IRS990ScheduleD/TotalLiabilityAmt03200
IRS990ScheduleD/TotalRevenuePerForm990Amt0319368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0701055
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0646690
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT A BOARD MEETING PRIOR TO FILING. THE BOARD IS GIVEN TIME TO REVIEW FORM 990 AND ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC AT ITS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT IN CEDAR BLUFFS, LP 34,208. RENTAL LOSSES FROM PASS-THROUGH ENTITIES -35,892.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0200470174
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1452815588
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WESTERN NC AFFORDABLE HOUSING CORPORATION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1LINVILLE COVE GP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0-484
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt1244
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-503
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt1-574
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 841
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1PO BOX 841
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0RUTHERFORDTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1RUTHERFORDTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd028139
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd128139
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd40
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd50
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd60
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd70

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,823,828
Liabilities
$960,841
Net assets
$1,862,987
Revenue
$319,368
Expenses
$262,292
Net income
$57,076
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