Civic Intelligence

Spring Chase Inc

990 • Fiscal year 2019 • EIN 58-2227138

Jul 01, 2018 to Jun 30, 2019 • Filed on May 14, 2020

Organization ProfileWWW.DEKALBHOUSING.ORG/SPRINGCHASE.HTML
750 Commerce Drive No 201Decatur, GA 30030-2612

(404) 270-2500

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • $10M-$25M nonprofits • Source year 2019

Net Margin

95th percentile

80%

Higher net margin than 95% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • $10M-$25M nonprofits • Source year 2019

Asset Growth

2nd percentile

-35%

Faster asset growth than 2% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

149%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$7,062,604

Down $3,737,911 (-35%) from 2018

Net Assets

Up

$7,062,604

Up $5,926,795 (+522%) from 2018

Liabilities

Down

$0

Down $9,664,706 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin95th percentile

Revenue

Up

$7,442,199

Up $4,453,086 (+149%) from 2018

Expenses

Down

$1,515,404

Down $3,473,194 (-70%) from 2018

Net Income

Up

$5,926,795

Up $7,926,280 (+396%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $13,474,467Liabilities 2010: $8,585,664Net Assets 2010: $4,888,8032010Assets 2012: $13,111,012Liabilities 2012: $8,749,173Net Assets 2012: $4,361,8392012Assets 2013: $15,041,199Liabilities 2013: $9,752,964Net Assets 2013: $5,288,2352013Assets 2014: $12,817,289Liabilities 2014: $8,762,689Net Assets 2014: $4,054,6002014Assets 2015: $12,573,242Liabilities 2015: $8,770,991Net Assets 2015: $3,802,2512015Assets 2016: $11,670,702Liabilities 2016: $8,576,721Net Assets 2016: $3,093,9812016Assets 2017: $11,458,415Liabilities 2017: $8,323,121Net Assets 2017: $3,135,2942017Assets 2018: $10,800,515Liabilities 2018: $9,664,706Net Assets 2018: $1,135,8092018Assets 2019: $7,062,604Liabilities 2019: $0Net Assets 2019: $7,062,6042019Assets 2020: $7,042,083Liabilities 2020: $0Net Assets 2020: $7,042,0832020Assets 2021: $6,774,261Liabilities 2021: $0Net Assets 2021: $6,774,2612021Assets 2022: $6,818,797Liabilities 2022: $0Net Assets 2022: $6,818,7972022Assets 2023: $8,371,883Liabilities 2023: $0Net Assets 2023: $8,371,8832023Assets 2024: $8,261,784Liabilities 2024: $0Net Assets 2024: $8,261,7842024Assets 2025: $8,179,231Liabilities 2025: $0Net Assets 2025: $8,179,2312025

Highlighted filing

2019

Assets$7,062,604
Liabilities$0
Net Assets$7,062,604
Open 2019 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $2,559,105Expenses 2010: $3,288,594Net Income 2010: -$729,4892010Expenses 2012: $3,193,0642012Expenses 2013: $4,077,4012013Revenue 2014: $2,795,902Expenses 2014: $2,910,228Net Income 2014: -$114,3262014Revenue 2015: $2,945,147Expenses 2015: $3,197,496Net Income 2015: -$252,3492015Revenue 2016: $2,895,833Expenses 2016: $3,604,103Net Income 2016: -$708,2702016Revenue 2017: $2,961,296Expenses 2017: $2,919,983Net Income 2017: $41,3132017Revenue 2018: $2,989,113Expenses 2018: $4,988,598Net Income 2018: -$1,999,4852018Revenue 2019: $7,442,199Expenses 2019: $1,515,404Net Income 2019: $5,926,7952019Revenue 2020: $279,536Expenses 2020: $300,057Net Income 2020: -$20,5212020Revenue 2021: $32,168Expenses 2021: $300,000Net Income 2021: -$267,8322021Revenue 2022: $347,504Expenses 2022: $302,968Net Income 2022: $44,5362022Revenue 2023: $369,677Expenses 2023: $383,190Net Income 2023: -$13,5132023Revenue 2024: $193,461Expenses 2024: $303,560Net Income 2024: -$110,0992024Revenue 2025: $268,447Expenses 2025: $301,000Net Income 2025: -$32,5532025

Highlighted filing

2019

Revenue$7,442,199
Expenses$1,515,404
Net Income$5,926,795
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 14, 2020
Return Version
2018v3.1
Gross Receipts
$16,811,951
Mission and Program Overview

Mission

To provide support to entities that provide affordable, decent, safe, and sanitary dwellings and apartments or other living accomodations for persons of low and moderate income.

To provide affordable and safe housing for persons of low and moderate income

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,060,230--
Cash and Non-Interest-Bearing Accounts$1,138,987$7,062,604▲ $5,923,617
Prepaid Expenses and Deferred Charges$34,318--
Accounts Receivable$3,719--
Total Assets$10,800,515$7,062,604▼ $3,737,911
Other Assets Total$563,261$0▼ $563,261
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,361,639--
Accounts Payable and Accrued Expenses$171,150--
Other Liabilities$127,526$0▼ $127,526
Deferred Revenue$4,391--
Total Liabilities$9,664,706$0▼ $9,664,706
Net Assets / Fund Balance
Unrestricted Net Assets$1,135,809$7,062,604▲ $5,926,795
Total Net Assets Fund Balance$1,135,809$7,062,604▲ $5,926,795
Total Liabilities and Net Assets / Fund Balance$10,800,515$7,062,604▼ $3,737,911
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Dr Glewood RossChair
Eugene P Walker JrPresident/CEO
Yvette HudsonVice Chair
John CorcoranVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,301,240
Investment Income
$6,140,959
Other Revenue
$0
Change in Net Assets
$5,926,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,442,199
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,442,199
Total Revenue per Form 990
$7,442,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,339,366
Salaries, Compensation, and Employee Benefits$176,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$600,000--$600,000
Other Salaries and Wages$145,475--$145,475
Occupancy$108,196--$108,196
Fees for Services Management$77,448--$77,448
Interest$65,349--$65,349
Other Employee Benefits$30,563--$30,563
Insurance$29,726--$29,726
Other Expenses$15,000$77,801-$15,000
All Other Expenses$14,748--$14,748
Fees for Services Legal$2,346--$2,346
Office Expenses$854--$854
Advertising$567--$567
Travel$380--$380
Total Functional Expenses$1,437,603$77,801$0$1,515,404

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,515,404
Total Expenses per Audited Statements$1,515,404
Total Expenses per Form 990$1,515,404
Expenses Not Reported on Financial Statements$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The project is managed by hadc, which is paid a fixed fee per unit occupied each month as pursuant to hud guidelines. During the tax year, $294,657 in management fee expense was incurred.”

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

“The accountant forwards the form 990 to the vice president of asset management of the housing development corporation for review and approval.”

Form 990, Part VI, Section C, Line 18

“The form 990 is available upon request.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Spring Chase Inc
EIN
58-2227138
Phone
4042702500
Address
750 COMMERCE DRIVE NO 201, DECATUR, GA 30030-2612

Signing Officer

Name
Eugene P Walker Jr
Title
President/CEO
Phone
4042702500
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene P Walker Jr
Formed
1996
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Aprio Llp
Address
5 CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Rebecca L Mccune
Phone
4048929651
Raw XML Appendix369 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/BOYAmt0171150
IRS990/AccountsReceivableGrp/BOYAmt03719
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE AND SAFE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME
IRS990/AdvertisingGrp/ProgramServicesAmt0567
IRS990/AdvertisingGrp/TotalAmt0567
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014748
IRS990/AllOtherExpensesGrp/TotalAmt014748
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EUGENE P WALKER JR
IRS990/BooksInCareOfDetail/PhoneNum04042702500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0750 COMMERCE DRIVE SUITE 201
IRS990/BooksInCareOfDetail/USAddress/CityNm0DECATUR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0300302012
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01138987
IRS990/CashNonInterestBearingGrp/EOYAmt07062604
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06140959
IRS990/CYOtherExpensesAmt01339366
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01301240
IRS990/CYRevenuesLessExpensesAmt05926795
IRS990/CYSalariesCompEmpBnftPaidAmt0176038
IRS990/CYTotalExpensesAmt01515404
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07442199
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04391
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0SPRING CHASE APARTMENTS ARE CONVENIENTLY LOCATED ACROSS THE STREET FROM PERIMETER COLLEGE'S CLARKSTON CAMPUS ON MEMORIAL DRIVE. THE COMPLEX HAS 380 ONE, TWO AND THREE BEDROOM UNITS IN 20 BUILDINGS. ALSO INCLUDED ON THE PROPERTY ARE LAUNDRY FACILITIES, A COMMUNITY CENTER, A SWIMMING POOL, MAINTENANCE AND PROPERTY MANAGER'S OFFICES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt01437603
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02346
IRS990/FeesForServicesLegalGrp/TotalAmt02346
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt077448
IRS990/FeesForServicesManagementGrp/TotalAmt077448
IRS990/ForeignActivitiesInd00
IRS990/ForeignAddress/AddressLine1Txt0750 COMMERCE DR
IRS990/ForeignAddress/CityNm0DECATUR
IRS990/ForeignAddress/CountryCd0GA
IRS990/ForeignAddress/ForeignPostalCd030030-2612
IRS990/ForeignAddress/ProvinceOrStateNm0GEORGIA
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt315.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0DR GLEWOOD ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm1YVETTE HUDSON
IRS990/Form990PartVIISectionAGrp/PersonNm2EUGENE P WALKER JR
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN CORCORAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt06130248
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt015500000
IRS990/GrossReceiptsAmt016811951
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt029726
IRS990/InsuranceGrp/TotalAmt029726
IRS990/InterestGrp/ProgramServicesAmt065349
IRS990/InterestGrp/TotalAmt065349
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt010711
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010711
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09060230
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09369752
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE, DECENT, SAFE, AND SANITARY DWELLINGS AND APARTMENTS OR OTHER LIVING ACCOMODATIONS FOR PERSONS OF LOW AND MODERATE INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09361639
IRS990/NetAssetsOrFundBalancesBOYAmt01135809
IRS990/NetAssetsOrFundBalancesEOYAmt07062604
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06130248
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06130248
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0108196
IRS990/OccupancyGrp/TotalAmt0108196
IRS990/OfficeExpensesGrp/ProgramServicesAmt0854
IRS990/OfficeExpensesGrp/TotalAmt0854
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0563261
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030563
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030563
IRS990/OtherExpensesGrp/Desc0MAINTENANCE COSTS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE COST
IRS990/OtherExpensesGrp/Desc2PAYROLL SERVICE COSTS
IRS990/OtherExpensesGrp/Desc3PROTECTIVE SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt077801
IRS990/OtherExpensesGrp/ProgramServicesAmt0330846
IRS990/OtherExpensesGrp/ProgramServicesAmt116105
IRS990/OtherExpensesGrp/ProgramServicesAmt215000
IRS990/OtherExpensesGrp/TotalAmt0330846
IRS990/OtherExpensesGrp/TotalAmt177801
IRS990/OtherExpensesGrp/TotalAmt216105
IRS990/OtherExpensesGrp/TotalAmt315000
IRS990/OtherLiabilitiesGrp/BOYAmt0127526
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0145475
IRS990/OtherSalariesAndWagesGrp/TotalAmt0145475
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0600000
IRS990/PaymentsToAffiliatesGrp/TotalAmt0600000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034318
IRS990/PrincipalOfficerNm0EUGENE P WALKER JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVNEUE
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01265763
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01265763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214752
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05926795
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07442199
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01515404
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07442199
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01515404
IRS990ScheduleD/TotalRevenuePerForm990Amt07442199
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07442199
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01515404
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS MANAGED BY HADC, WHICH IS PAID A FIXED FEE PER UNIT OCCUPIED EACH MONTH AS PURSUANT TO HUD GUIDELINES. DURING THE TAX YEAR, $294,657 IN MANAGEMENT FEE EXPENSE WAS INCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ACCOUNTANT FORWARDS THE FORM 990 TO THE VICE PRESIDENT OF ASSET MANAGEMENT OF THE HOUSING DEVELOPMENT CORPORATION FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
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 C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING AUTHORITY OF DEKALB COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOUSING DEVELOPMENT CORPORATION OF DEKALB COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0580899958
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581820981
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING SUPPORT AND DEVELOMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0750 COMMERCE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1750 COMMERCE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DECATUR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1DECATUR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030030
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd130030
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010800515
IRS990/TotalAssetsEOYAmt07062604
IRS990/TotalAssetsGrp/BOYAmt010800515
IRS990/TotalAssetsGrp/EOYAmt07062604
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077801
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01437603
IRS990/TotalFunctionalExpensesGrp/TotalAmt01515404
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09664706
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt09664706
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01135809
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07062604
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01437603
IRS990/TotalProgramServiceRevenueAmt01301240
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07442199
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07442199
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010800515
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07062604
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0380
IRS990/TravelGrp/TotalAmt0380
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01135809
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07062604
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.DEKALBHOUSING.ORG/SPRINGCHASE.HTML
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EUGENE P WALKER JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04042702500
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING CHASE INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0582227138
ReturnHeader/Filer/PhoneNum04042702500
ReturnHeader/Filer/USAddress/AddressLine1Txt0750 COMMERCE DRIVE NO 201
ReturnHeader/Filer/USAddress/CityNm0DECATUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0300302612
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId052056EF0CC402E5842C4C7F489AB8C93F0B64FA0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.87.238.180
ReturnHeader/FilingSecurityInformation/IPDt02020-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:50:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571157523
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APRIO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05 CONCOURSE PARKWAY SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030328
ReturnHeader/PreparerPersonGrp/PhoneNum04048929651
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA L MCCUNE
ReturnHeader/ReturnTs02020-05-14T10:52:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$7,062,604
Liabilities
$0
Net assets
$7,062,604
Revenue
$7,442,199
Expenses
$1,515,404
Net income
$5,926,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.18$0.00$8.18$0.27$0.30$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$0.00$8.26$0.19$0.30$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.37$0.00$8.37$0.37$0.38$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.82$0.00$6.82$0.35$0.30$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.00$6.77$0.03$0.30$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.04$0.00$7.04$0.28$0.30$0.02
2019Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$7.44$1.52$5.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$9.66$1.14$2.99$4.99$2.00
2017Summary only. Only limited summary data is available for this year.$11.5$8.32$3.14$2.96$2.92$0.04
2016Detailed filing. Detailed filing data is available for this year.$11.7$8.58$3.09$2.90$3.60$0.71
2015Detailed filing. Detailed filing data is available for this year.$12.6$8.77$3.80$2.95$3.20$0.25
2014Detailed filing. Detailed filing data is available for this year.$12.8$8.76$4.05$2.80$2.91$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$9.75$5.29$4.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$8.75$4.36$3.19
2010Summary only. Only limited summary data is available for this year.$13.5$8.59$4.89$2.56$3.29$0.73