Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
EIN 58-2168448 • 501(c)3 • Winstonsalem, NC
Profile
Operate a section 811 apartment complex for the physically handicapped
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
Liabilities / Revenue
34th percentile
Higher debt load relative to revenue than 34% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 83.5% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Assets
Down$552,010
Down $51,006 (-8.5%) from 2024
Liabilities
Down$26,219
Down $8,204 (-24%) from 2024
Net Assets
Down$525,791
Down $42,802 (-7.5%) from 2024
Revenue
Up$145,674
Up $9,797 (+7.2%) from 2024
Expenses
Up$188,476
Up $23,110 (+14%) from 2024
Net Income
Down-$42,802
Down $13,313 (-45%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Operate a section 811 apartment complex for the physically handicapped
Own and operate a 12 unit apartment complex under section 811 of the national housing act of 1959 for the physically handicapped.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $494,318 | $458,888 | ▼ $35,430 |
| Savings and Temporary Cash Investments | $97,595 | $84,105 | ▼ $13,490 |
| Cash and Non-Interest-Bearing Accounts | $5,993 | $4,523 | ▼ $1,470 |
| Accounts Receivable | $1,670 | $1,470 | ▼ $200 |
| Prepaid Expenses and Deferred Charges | $144 | $107 | ▼ $37 |
| Total Assets | $603,016 | $552,010 | ▼ $51,006 |
| Other Assets Total | $3,296 | $2,917 | ▼ $379 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $31,123 | $23,136 | ▼ $7,987 |
| Other Liabilities | $3,296 | $2,917 | ▼ $379 |
| Deferred Revenue | $4 | $166 | ▲ $162 |
| Total Liabilities | $34,423 | $26,219 | ▼ $8,204 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $568,593 | $525,791 | ▼ $42,802 |
| Total Net Assets Fund Balance | $568,593 | $525,791 | ▼ $42,802 |
| Total Liabilities and Net Assets / Fund Balance | $603,016 | $552,010 | ▼ $51,006 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $433,888 | $897,984 | $1,331,872 |
| Equipment | $0 | $25,552 | $25,552 |
| Land | $25,000 | - | $25,000 |
| Name | Title | Other | Total |
|---|---|---|---|
| Tammy Vernon | Outgoing Treasurer | $121,695 | $121,695 |
| Name | Title |
|---|---|
| Craig Peatross | President |
| Diane Evans | Director |
| Garry Merritt | Director |
| Mallory M Oldham | Secretary |
| Ahaz Armstrong | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $188,476 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $35,430 | - | - | $35,430 |
| Occupancy | $26,049 | - | - | $26,049 |
| Insurance | $16,607 | - | - | $16,607 |
| Fees for Services Management | $14,794 | - | - | $14,794 |
| Office Expenses | $11,297 | - | - | $11,297 |
| All Other Expenses | $9,259 | $2,005 | - | $11,264 |
| Other Expenses | $9,718 | - | - | $9,718 |
| Fees for Services Accounting | - | $5,836 | - | $5,836 |
| Fees for Services Legal | $2,096 | - | - | $2,096 |
| Conferences and Meetings | $165 | - | - | $165 |
| Advertising | $131 | - | - | $131 |
| Total Functional Expenses | $180,635 | $7,841 | $0 | $188,476 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $188,476 |
| Total Expenses per Audited Statements | $188,476 |
| Total Expenses per Form 990 | $188,476 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $2,917 |
“The tax return is reviewed by the director of finance of the management company and signed by the treasurer of the owner. Both individuals report to the board of directors.”
“The organization has no written conflict of interest policy. Governing documents, financial statements and other pertinent information are provided to the public upon request.”
“It is the corporation'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 2025.”
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/CYTotalExpensesAmt | 0 | 188476 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 145674 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 166 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 35430 |
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| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 180635 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
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| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5836 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 2096 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2096 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 14794 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 14794 |
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| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 145487 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 137114 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 133168 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 134048 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 134483 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 684300 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 145494 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 137123 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 133178 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 134058 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 134491 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 684344 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 897984 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1331872 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 25552 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 25552 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 188476 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 25000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 25000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2917 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 145674 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS THE CORPORATION'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 2025. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 458888 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 188476 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2917 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 145674 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 145674 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 188476 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE OF THE MANAGEMENT COMPANY AND SIGNED BY THE TREASURER OF THE OWNER. BOTH INDIVIDUALS REPORT TO THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS NO WRITTEN CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER PERTINENT INFORMATION ARE PROVIDED TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 3 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 4 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 5 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 6 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 7 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 8 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 9 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 10 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 11 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 12 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 13 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 14 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 15 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 16 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 17 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 18 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 19 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | NORTH CAROLINA HOUSING FOUNDATION INC DBA ANCHOR |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | GRANVILLE PLACE INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | GRANVILLE PLAZA INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 3 | HUNTERS HILL INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 4 | KORNER HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 5 | LEGACY PLACE OF CATAWBA VALLEY INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 6 | MOCK PLACE INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 7 | MOUNTAIN PLACE INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 8 | TYRO SCHOOL APARTMENTS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 9 | EAST SALEM APARTMENTS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 10 | EAST SALEM HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 11 | VHVH INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 12 | MILLBROOK HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 13 | EAST 5TH STREET APARTMENTS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 14 | NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP DBA ANCHOR SERVICES & MAN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 15 | NORTH WING INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 16 | ARP PLACE - GASTONIA INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 17 | ARP MANOR - KINGS MOUNTAIN INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 18 | ARP MANOR - MOORESVILLE INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 19 | THE ASSOCIATE REFORMED PRESBYTERIAN HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 560929051 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 581348601 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 2 | 582004370 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 3 | 263202574 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 4 | 581394455 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 5 | 200724481 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 6 | 581478146 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 7 | 582024187 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 8 | 800368717 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 9 | 550824558 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 10 | 581366719 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 11 | 275554898 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 12 | 561983872 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 13 | 450705485 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 14 | 562087570 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 15 | 455043940 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 16 | 204336551 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 17 | 200550401 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 18 | 300028163 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 19 | 570673290 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 2 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 3 | 501(C)(3) |
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