Civic Intelligence

Mount Carmel Gardens Inc

990 • Fiscal year 2014 • EIN 59-1284358

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 18, 2014

Organization ProfileWWW.MOUNTCARMELGARDENS.ORG
5846 Mount Carmel TerraceJacksonville, FL 32216-4998

(904) 733-6696

Siviq Scores

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

Liabilities / Assets

98th percentile

1.68x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

4.24x

Higher debt load relative to revenue than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

22nd percentile

-9.3%

Faster revenue growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$3,177,077

Down $376,274 (-11%) from 2013

Net Assets

Down

-$2,168,836

Down $313,378 (-17%) from 2013

Liabilities

Down

$5,345,913

Down $62,896 (-1.2%) from 2013

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin11th percentile

Revenue

$1,259,400

No earlier filing loaded for comparison.

Expenses

Down

$1,572,778

Down $124,465 (-7.3%) from 2013

Net Income

-$313,378

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $4,106,219Liabilities 2011: $5,514,600Net Assets 2011: -$1,408,3812011Assets 2012: $3,861,432Liabilities 2012: $5,408,655Net Assets 2012: -$1,547,2232012Assets 2013: $3,553,351Liabilities 2013: $5,408,809Net Assets 2013: -$1,855,4582013Assets 2014: $3,177,077Liabilities 2014: $5,345,913Net Assets 2014: -$2,168,8362014Assets 2015: $3,094,402Liabilities 2015: $5,308,300Net Assets 2015: -$2,213,8982015Assets 2016: $3,017,349Liabilities 2016: $5,283,984Net Assets 2016: -$2,266,6352016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2014

Assets$3,177,077
Liabilities$5,345,913
Net Assets-$2,168,836
Open 2014 Filing

Operations Trend

Revenue Growth22nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,496,245Expenses 2011: $1,599,562Net Income 2011: -$103,3172011Revenue 2012: $1,472,963Expenses 2012: $1,610,444Net Income 2012: -$137,4812012Expenses 2013: $1,697,2432013Revenue 2014: $1,259,400Expenses 2014: $1,572,778Net Income 2014: -$313,3782014Revenue 2015: $1,487,938Expenses 2015: $1,533,000Net Income 2015: -$45,0622015Revenue 2016: $1,585,515Expenses 2016: $1,638,252Net Income 2016: -$52,7372016Revenue 2017: $2,718,851Expenses 2017: $419,634Net Income 2017: $2,299,2172017

Highlighted filing

2014

Revenue$1,259,400
Expenses$1,572,778
Net Income-$313,378
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 18, 2014
Return Version
2013v3.1
Gross Receipts
$1,277,529
Mission and Program Overview

Mission

Mount carmel gardens, inc. Is a non-profit organization formed in 1965. The organization owns and operates a 208 unit apartment complex under code sec 236 of the national housing act. The organization provides housing and other related services to low and moderate income persons and is regulated by the dpeartment of housing and urban development as to rent charges and operating expenses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,786,001$2,672,117▼ $113,884
Intangible Assets$188,516$181,425▼ $7,091
Prepaid Expenses and Deferred Charges$51,040$67,610▲ $16,570
Accounts Receivable$9,633$1,310▼ $8,323
Cash and Non-Interest-Bearing Accounts$46,053$1,124▼ $44,929
Total Assets$3,553,351$3,177,077▼ $376,274
Other Assets Total$472,108$253,491▼ $218,617
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,107,328$5,065,336▼ $41,992
Accounts Payable and Accrued Expenses$161,177$172,207▲ $11,030
Other Liabilities$120,378$88,408▼ $31,970
Deferred Revenue$19,926$19,962▲ $36
Total Liabilities$5,408,809$5,345,913▼ $62,896
Net Assets / Fund Balance
Unrestricted Net Assets$-1,855,458$-2,168,836▼ $313,378
Total Net Assets Fund Balance$-1,855,458$-2,168,836▼ $313,378
Total Liabilities and Net Assets / Fund Balance$3,553,351$3,177,077▼ $376,274

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,341,221$6,002,883$8,344,104
Equipment$65,375$493,343$558,718
Other Land Buildings$171,521$207,135$378,656
Land$94,000-$94,000
Other Assets Org$58,794--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Helen WerkingPresident
Marcy DrossDirector
Mike WeinsteinDirector
Angela PracherSecretary
Ken TannenbaumTreasurer
Neil AmbrusVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$501,779
Program Service Revenue
$667,919
Investment Income
$236
Other Revenue
$89,466
Change in Net Assets
$-313,378

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,259,400
Total Revenue per Audited Statements
$1,259,400
Total Revenue per Form 990
$1,259,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,308,626
Salaries, Compensation, and Employee Benefits$264,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$335,209--$335,209
Depreciation Depletion$277,983--$277,983
Other Salaries and Wages$91,188$137,899-$229,087
Interest$148,206--$148,206
Insurance$110,441--$110,441
Fees for Services Management-$73,019-$73,019
Office Expenses-$38,289-$38,289
Payroll Taxes$8,599$12,899-$21,498
Fees for Services Accounting-$20,407-$20,407
Other Employee Benefits$5,427$8,140-$13,567
Other Expenses$5,324$6,868-$5,324
Advertising-$2,233-$2,233
Fees for Services Legal-$323-$323
Total Functional Expenses$1,272,701$300,077$0$1,572,778

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,572,778
Total Expenses per Audited Statements$1,572,778
Total Expenses per Form 990$1,572,778
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
Deposit Liabilities$58,794
Accrued Interest Long-term$29,614
Other-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is prepared by a certified public accountant and is reviewed by officers and board or board designate.”

Form 990, Page 6, Part VI, Line 12C

“An annual questionaire is distributed.”

Form 990, Page 6, Part VI, Line 15A

“All compensation packages are based on comparability data and are subject to approval of the board of directors. All payroll is handled and processed through a management company. All "employees" are deemed employees of the management company.”

Form 990, Page 6, Part VI, Line 15B

“All compensation packages are based on comparability packages and are subject to approval by the board of directors. All paid positions are handled through a management company and such positions are deemed employees of the management company for reporting purposes.”

Form 990, Page 6, Part VI, Line 19

“Documents are located on premise and available to the public upon request.”

Filing and Contact Details

Filer

EIN
59-1284358
Phone
9047336696

Signing Officer

Name
Helen Werking
Title
President
Phone
9047336696
Signed
2014-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Werking
Formed
1969
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
19

Preparer

Preparer
Michael R Ritch
Phone
9047300440
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Mount carmel gardens, inc. Is a non-profit organization formed in 1965. The organization owns and operates a 208 unit apartment complex under code sec 236 of the national housing act. The organization provides housing and other related services to low and moderate income persons and is regulated by the dpeartment of housing and urban development as to rent charges and operating expenses.”

Raw XML Appendix399 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0161177
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0172207
IRS990/AccountsReceivableGrp/BOYAmt09633
IRS990/AccountsReceivableGrp/EOYAmt01310
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MOUNT CARMEL GARDENS, INC. IS A NON-PROFIT ORGANIZATION FORMED IN 1965. THE ORGANIZATION OWNS AND OPERATES A 208 UNIT APARTMENT COMPLEX UNDER CODE SEC 236 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION PROVIDES HOUSING AND OTHER RELATED SERVICES TO LOW AND MODERATE INCOME PERSONS AND IS REGULATED BY THE DPEARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING EXPENSES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02233
IRS990/AdvertisingGrp/TotalAmt02233
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10SPM LLC
IRS990/BooksInCareOfDetail/PhoneNum09046395130
IRS990/BooksInCareOfDetail/USAddress/AddressLine101103 RICHARD ARRINGTON JR BLVD S
IRS990/BooksInCareOfDetail/USAddress/City0BRIMINGHAM
IRS990/BooksInCareOfDetail/USAddress/State0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode035205
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt046053
IRS990/CashNonInterestBearingGrp/EOYAmt01124
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0501779
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0236
IRS990/CYOtherExpensesAmt01308626
IRS990/CYOtherRevenueAmt089466
IRS990/CYProgramServiceRevenueAmt0667919
IRS990/CYRevenuesLessExpensesAmt0-313378
IRS990/CYSalariesCompEmpBnftPaidAmt0264152
IRS990/CYTotalExpensesAmt01572778
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01259400
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt019926
IRS990/DeferredRevenueGrp/EOYAmt019962
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0277983
IRS990/DepreciationDepletionGrp/TotalAmt0277983
IRS990/Desc0MOUNT CARMEL GARDENS, INC. IS A NON-PROFIT ORGANIZATION FORMED IN 1969. THE ORGANIZATION OWNS AND OPERATES A 208 UNIT APARTMENT COMPLEX UNDER CODE SEC 236 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION PROVIDES HOUSING AND RELATED SERVICES TO LOW AND MODERATE INCOME ELDERLY PERSONS AND IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING EXPENSES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01272701
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020407
IRS990/FeesForServicesAccountingGrp/TotalAmt020407
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0323
IRS990/FeesForServicesLegalGrp/TotalAmt0323
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt073019
IRS990/FeesForServicesManagementGrp/TotalAmt073019
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0HELEN WERKING
IRS990/Form990PartVIISectionAGrp/PersonNm1NEIL AMBRUS
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN TANNENBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm3ANGELA PRACHER
IRS990/Form990PartVIISectionAGrp/PersonNm4MARCY DROSS
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE WEINSTEIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0501779
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01277529
IRS990/GrossRentsGrp/RealAmt086998
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0110441
IRS990/InsuranceGrp/TotalAmt0110441
IRS990/IntangibleAssetsGrp/BOYAmt0188516
IRS990/IntangibleAssetsGrp/EOYAmt0181425
IRS990/InterestGrp/ProgramServicesAmt0148206
IRS990/InterestGrp/TotalAmt0148206
IRS990/InvestmentIncomeGrp/ExclusionAmt0236
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0236
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06703361
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02786001
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02672117
IRS990/LandBldgEquipCostOrOtherBssAmt09375478
IRS990/LegalDomicileStateCd0FL
IRS990/LessRentalExpensesGrp/RealAmt018129
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MOUNT CARMEL GARDENS, INC. IS A NON-PROFIT ORGANIZATION FORMED IN 1965. THE ORGANIZATION OWNS AND OPERATES A 208 UNIT APARTMENT COMPLEX UNDER CODE SEC 236 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION PROVIDES HOUSING AND OTHER RELATED SERVICES TO LOW AND MODERATE INCOME PERSONS AND IS REGULATED BY THE DPEARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING EXPENSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05107328
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05065336
IRS990/NetAssetsOrFundBalancesBOYAmt0-1855458
IRS990/NetAssetsOrFundBalancesEOYAmt0-2168836
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt068869
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt068869
IRS990/NetUnrelatedBusTxblIncmAmt067869
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0335209
IRS990/OccupancyGrp/TotalAmt0335209
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038289
IRS990/OfficeExpensesGrp/TotalAmt038289
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0472108
IRS990/OtherAssetsTotalGrp/EOYAmt0253491
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08140
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05427
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013567
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER TAX/INSURANCE
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06868
IRS990/OtherExpensesGrp/ProgramServicesAmt0269458
IRS990/OtherExpensesGrp/ProgramServicesAmt120866
IRS990/OtherExpensesGrp/ProgramServicesAmt25324
IRS990/OtherExpensesGrp/TotalAmt0269458
IRS990/OtherExpensesGrp/TotalAmt120866
IRS990/OtherExpensesGrp/TotalAmt26868
IRS990/OtherExpensesGrp/TotalAmt35324
IRS990/OtherLiabilitiesGrp/BOYAmt0120378
IRS990/OtherLiabilitiesGrp/EOYAmt088408
IRS990/OtherRevenueMiscGrp/Desc0OTHER RENT RELATED
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020597
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020597
IRS990/OtherRevenueTotalAmt020597
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0137899
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091188
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229087
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012899
IRS990/PayrollTaxesGrp/ProgramServicesAmt08599
IRS990/PayrollTaxesGrp/TotalAmt021498
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051040
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067610
IRS990/PrincipalOfficerNm0HELEN WERKING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS, LESS VACANCIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0667919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0667919
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0523942
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0507
IRS990/PYOtherExpensesAmt01301313
IRS990/PYOtherRevenueAmt080381
IRS990/PYProgramServiceRevenueAmt0784178
IRS990/PYRevenuesLessExpensesAmt0-308235
IRS990/PYSalariesCompEmpBnftPaidAmt0395930
IRS990/PYTotalExpensesAmt01697243
IRS990/PYTotalRevenueAmt01389008
IRS990/ReconcilationRevenueExpnssAmt0-313378
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt068869
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0501779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0523942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0815968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0787031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0838051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03466771
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05911
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0688516
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92860
IRS990ScheduleA/PublicSupportPY170Pct00.94020
IRS990ScheduleA/PublicSupportTotal170Amt03466771
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0501779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0523942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0815968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0787031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0838051
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03466771
IRS990ScheduleA/TotalSupportAmt03733412
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt067868
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt052141
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt054648
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt045420
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt040653
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0260730
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02341221
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06002883
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08344104
IRS990ScheduleD/EquipmentGrp/BookValueAmt065375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0493343
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0558718
IRS990ScheduleD/ExpensesSubtotalAmt01572778
IRS990ScheduleD/LandGrp/BookValueAmt094000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0194697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt158794
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0171521
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0207135
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0378656
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSIT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST LONG-TERM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER
IRS990ScheduleD/RevenueSubtotalAmt01259400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02672117
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0253491
IRS990ScheduleD/TotalExpensesPerForm990Amt01572778
IRS990ScheduleD/TotalLiabilityAmt088408
IRS990ScheduleD/TotalRevenuePerForm990Amt01259400
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01259400
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01572778
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MOUNT CARMEL GARDENS, INC. IS A NON-PROFIT ORGANIZATION FORMED IN 1965. THE ORGANIZATION OWNS AND OPERATES A 208 UNIT APARTMENT COMPLEX UNDER CODE SEC 236 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION PROVIDES HOUSING AND OTHER RELATED SERVICES TO LOW AND MODERATE INCOME PERSONS AND IS REGULATED BY THE DPEARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT AND IS REVIEWED BY OFFICERS AND BOARD OR BOARD DESIGNATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL QUESTIONAIRE IS DISTRIBUTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION PACKAGES ARE BASED ON COMPARABILITY DATA AND ARE SUBJECT TO APPROVAL OF THE BOARD OF DIRECTORS. ALL PAYROLL IS HANDLED AND PROCESSED THROUGH A MANAGEMENT COMPANY. ALL "EMPLOYEES" ARE DEEMED EMPLOYEES OF THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION PACKAGES ARE BASED ON COMPARABILITY PACKAGES AND ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. ALL PAID POSITIONS ARE HANDLED THROUGH A MANAGEMENT COMPANY AND SUCH POSITIONS ARE DEEMED EMPLOYEES OF THE MANAGEMENT COMPANY FOR REPORTING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE LOCATED ON PREMISE AND AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03553351
IRS990/TotalAssetsEOYAmt03177077
IRS990/TotalAssetsGrp/BOYAmt03553351
IRS990/TotalAssetsGrp/EOYAmt03177077
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0501779
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0300077
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01272701
IRS990/TotalFunctionalExpensesGrp/TotalAmt01572778
IRS990/TotalGrossUBIAmt068869
IRS990/TotalLiabilitiesBOYAmt05408809
IRS990/TotalLiabilitiesEOYAmt05345913
IRS990/TotalLiabilitiesGrp/BOYAmt05408809
IRS990/TotalLiabilitiesGrp/EOYAmt05345913
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1855458
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2168836
IRS990/TotalProgramServiceExpensesAmt01272701
IRS990/TotalProgramServiceRevenueAmt0667919
IRS990/TotalRevenueGrp/ExclusionAmt0236
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0688516
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01259400
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt068869
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03553351
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03177077
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1855458
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2168836
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine105846 MOUNT CARMEL TERRACE
IRS990/USAddress/City0JACKSONVILLE
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode0322164998
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MOUNTCARMELGARDENS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HELEN WERKING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09047336696
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine10MOUNT CARMEL GARDENS INC
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0591284358
ReturnHeader/Filer/PhoneNum09047336696
ReturnHeader/Filer/USAddress/AddressLine105846 MOUNT CARMEL TERRACE
ReturnHeader/Filer/USAddress/City0JACKSONVILLE
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode0322164998
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591514060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10RALSTON & COMPANY PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108777 SAN JOSE BLVD BLDG E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0322174213
ReturnHeader/PreparerPersonGrp/PhoneNum09047300440
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R RITCH
ReturnHeader/ReturnTs02014-10-20T14:42:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,177,077
Liabilities
$5,345,913
Net assets
-$2,168,836
Revenue
$1,259,400
Expenses
$1,572,778
Net income
-$313,378
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$2.72$0.42$2.30
2016Detailed filing. Detailed filing data is available for this year.$3.02$5.28$2.27$1.59$1.64$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.09$5.31$2.21$1.49$1.53$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.18$5.35$2.17$1.26$1.57$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$5.41$1.86$1.70
2012Summary only. Only limited summary data is available for this year.$3.86$5.41$1.55$1.47$1.61$0.14
2011Summary only. Only limited summary data is available for this year.$4.11$5.51$1.41$1.50$1.60$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits