Civic Intelligence

Williamsburg Manor Inc.

990 • Fiscal year 2020 • EIN 58-7155025

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 10, 2020

PO Box 450049Atlanta, GA 31145

(770) 496-0598

Siviq Scores

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

Liabilities / Assets

95th percentile

1.24x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

2.08x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

43rd percentile

2.8%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

26th percentile

-2.4%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

2.1%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

$559,103

No earlier filing loaded for comparison.

Net Assets

-$135,503

No earlier filing loaded for comparison.

Liabilities

$694,606

No earlier filing loaded for comparison.

Revenue

$333,514

No earlier filing loaded for comparison.

Expenses

$324,040

No earlier filing loaded for comparison.

Net Income

$9,474

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2020: $559,103Liabilities 2020: $694,606Net Assets 2020: -$135,5032020

Highlighted filing

2020

Assets$559,103
Liabilities$694,606
Net Assets-$135,503

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2020: $333,514Expenses 2020: $324,040Net Income 2020: $9,4742020

Highlighted filing

2020

Revenue$333,514
Expenses$324,040
Net Income$9,474
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$333,514
Mission and Program Overview

Mission

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$381,951$352,196▼ $29,755
Savings and Temporary Cash Investments$157,237$172,217▲ $14,980
Cash and Non-Interest-Bearing Accounts$22,470$23,182▲ $712
Prepaid Expenses and Deferred Charges$9,689$9,988▲ $299
Accounts Receivable$10$190▲ $180
Total Assets$572,687$559,103▼ $13,584
Other Assets Total$1,330$1,330→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$689,207$660,554▼ $28,653
Accounts Payable and Accrued Expenses$21,753$26,854▲ $5,101
Other Liabilities$6,682$7,193▲ $511
Deferred Revenue$22$5▼ $17
Total Liabilities$717,664$694,606▼ $23,058
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-144,977$-135,503▲ $9,474
Total Net Assets Fund Balance$-144,977$-135,503▲ $9,474
Total Liabilities and Net Assets / Fund Balance$572,687$559,103▼ $13,584

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$281,052$692,740$973,792
Other Land Buildings$16,144$51,315$67,459
Land$55,000-$55,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gerald E EickhoffPresident
Joseph F GlennVice President
Robert ReinhartVice President
Kim DelaceyDirector
Larry Gay ReaganDirector
Elizabeth C GlennSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$332,848
Investment Income
$666
Other Revenue
$0
Change in Net Assets
$9,474

Audited Revenue Reconciliation

Revenue per Audited Statements
$333,514
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$333,514
Total Revenue per Form 990
$333,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$324,040
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
Interest$60,650--$60,650
Depreciation Depletion$29,755--$29,755
Other Expenses$27,135$15,773-$27,135
All Other Expenses$407$23,745-$24,152
Insurance$14,700--$14,700
Total Functional Expenses$284,522$39,518$0$324,040

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$324,040
Total Expenses per Audited Statements$324,040
Total Expenses per Form 990$324,040
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$7,193
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Joseph f. Glenn the vice president is married to elizabeth c. Glenn the secretary/treasurer.

Form 990, Part VI, Section A, Line 3

The organization has engaged a property management company to oversee the day to day operations of the apartment complex owned by the organization. The management company is experienced in the operation of low income rental housing under hud's section 202 program. Employees at the apartment complex are employees of the management company. The management contract has been approved by hud.

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

An officer of the board and the president of the management company review and approve the form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

Officers and directors are reminded of this policy at each board meeting and are asked to disclose any potential conflicts of interest for discussion by the board.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Williamsburg Manor Inc
EIN
58-7155025
Phone
7704960598
Address
PO BOX 450049, ATLANTA, GA 31145

Signing Officer

Name
Gerald E Eickhoff
Title
President
Phone
7704960598
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald E Eickhoff
Formed
1987
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Aprio Llp
Address
5 CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Ed Deck
Phone
4048929651
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

An officer of the board and the president of the management company review and approve the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

There are no uncertain tax positions under fin 48 (asc 740-10) disclosed in the audited financial statements and footnotes.

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IRS990ScheduleD/LandGrp/BookValueAmt055000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016144
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051315
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt067459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0333514
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740-10) DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS AND FOOTNOTES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0352196
IRS990ScheduleD/TotalExpensesPerForm990Amt0324040
IRS990ScheduleD/TotalLiabilityAmt07193
IRS990ScheduleD/TotalRevenuePerForm990Amt0333514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0333514
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0324040
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOSEPH F. GLENN THE VICE PRESIDENT IS MARRIED TO ELIZABETH C. GLENN THE SECRETARY/TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ENGAGED A PROPERTY MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATIONS OF THE APARTMENT COMPLEX OWNED BY THE ORGANIZATION. THE MANAGEMENT COMPANY IS EXPERIENCED IN THE OPERATION OF LOW INCOME RENTAL HOUSING UNDER HUD'S SECTION 202 PROGRAM. EMPLOYEES AT THE APARTMENT COMPLEX ARE EMPLOYEES OF THE MANAGEMENT COMPANY. THE MANAGEMENT CONTRACT HAS BEEN APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN OFFICER OF THE BOARD AND THE PRESIDENT OF THE MANAGEMENT COMPANY REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS ARE REMINDED OF THIS POLICY AT EACH BOARD MEETING AND ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AN OFFICER OF THE BOARD AND THE PRESIDENT OF THE MANAGEMENT COMPANY REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd240
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd260
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd270
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd330
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd360
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd380
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd390
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd400
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd430
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd450
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd460
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AGAPE HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ALA ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ARLINGTON SENIOR HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3BROADWAY APARTMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4BROADWAY TERRACE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5BROADWAY TOWERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6BT OF ARK INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7CA ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8CASTLEWOOD II CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9CASTLEWOOD TERRACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10CHRISTIAN SENIOR HOUSING FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11CHRISTIAN TOWERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12CHRISTIAN TOWERS INC OF ALABAMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13CONTEMPORARY HOUSING FOR THE AGED INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14CSHF OF GEORGIA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15DARLINGTON ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16DAYTONA BEACH ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17FLORIDA ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18FOREST PARK ELDERLY HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19GA ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20GARNETT SENIOR HOUSING FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt21GREENVILLE ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22GREENWOOD ELDERLY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt23HIALEAH ELDERLY HOUSING INC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$5.59$6.95$1.36$3.34$3.24$0.09