Civic Intelligence

Ascension Housing Inc

990 • Fiscal year 2017 • EIN 59-3305460

Apr 01, 2016 to Mar 31, 2017 • Filed on May 16, 2017

5300 W Cypress StreetTampa, FL 33607

(727) 578-1174

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.15x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

39th percentile

-0.0%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

38th percentile

-0.0%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

2.7%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,185,577

Down $842 (-0.0%) from 2016

Net Assets

Down

$2,101,179

Down $69 (-0.0%) from 2016

Liabilities

Down

$84,398

Down $773 (-0.9%) from 2016

Revenue

Up

$560,283

Up $14,853 (+2.7%) from 2016

Expenses

Down

$560,352

Down $21,992 (-3.8%) from 2016

Net Income

Up

-$69

Up $36,845 (+100%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,407,790Liabilities 2011: $91,023Net Assets 2011: $2,316,7672011Assets 2012: $2,365,373Liabilities 2012: $100,296Net Assets 2012: $2,265,0772012Assets 2013: $2,339,921Liabilities 2013: $104,071Net Assets 2013: $2,235,8502013Assets 2014: $2,306,484Liabilities 2014: $101,406Net Assets 2014: $2,205,0782014Assets 2015: $2,234,823Liabilities 2015: $96,661Net Assets 2015: $2,138,1622015Assets 2016: $2,186,419Liabilities 2016: $85,171Net Assets 2016: $2,101,2482016Assets 2017: $2,185,577Liabilities 2017: $84,398Net Assets 2017: $2,101,1792017Assets 2018: $2,132,784Liabilities 2018: $90,832Net Assets 2018: $2,041,9522018Assets 2019: $2,144,591Liabilities 2019: $111,471Net Assets 2019: $2,033,1202019Assets 2020: $2,117,988Liabilities 2020: $103,062Net Assets 2020: $2,014,9262020Assets 2021: $2,085,060Liabilities 2021: $95,451Net Assets 2021: $1,989,6092021Assets 2022: $2,056,075Liabilities 2022: $98,423Net Assets 2022: $1,957,6522022Assets 2023: $2,001,210Liabilities 2023: $132,320Net Assets 2023: $1,868,8902023Assets 2024: $1,924,135Liabilities 2024: $246,365Net Assets 2024: $1,677,7702024Assets 2025: $1,756,593Liabilities 2025: $157,490Net Assets 2025: $1,599,1032025

Highlighted filing

2017

Assets$2,185,577
Liabilities$84,398
Net Assets$2,101,179

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $470,091Expenses 2011: $512,310Net Income 2011: -$42,2192011Expenses 2012: $537,9792012Expenses 2013: $534,2382013Revenue 2014: $521,700Expenses 2014: $552,472Net Income 2014: -$30,7722014Revenue 2015: $535,635Expenses 2015: $602,551Net Income 2015: -$66,9162015Revenue 2016: $545,430Expenses 2016: $582,344Net Income 2016: -$36,9142016Revenue 2017: $560,283Expenses 2017: $560,352Net Income 2017: -$692017Revenue 2018: $559,335Expenses 2018: $618,562Net Income 2018: -$59,2272018Revenue 2019: $581,355Expenses 2019: $590,187Net Income 2019: -$8,8322019Revenue 2020: $596,796Expenses 2020: $614,990Net Income 2020: -$18,1942020Revenue 2021: $606,290Expenses 2021: $631,607Net Income 2021: -$25,3172021Revenue 2022: $607,265Expenses 2022: $639,222Net Income 2022: -$31,9572022Revenue 2023: $605,756Expenses 2023: $694,518Net Income 2023: -$88,7622023Revenue 2024: $698,761Expenses 2024: $889,881Net Income 2024: -$191,1202024Revenue 2025: $751,588Expenses 2025: $830,255Net Income 2025: -$78,6672025

Highlighted filing

2017

Revenue$560,283
Expenses$560,352
Net Income-$69
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
May 16, 2017
Return Version
2016v3.0
Gross Receipts
$560,283
Mission and Program Overview

Mission

Ascension housing, inc. Is the owner of a hud subsized apartment complex whose mission is to provide affordable housing and related services to very low income elderly.

Ascension Housing, Inc. is the owner of a HUD subsidized apartment complex whose mission is to provide affordable housing and related services to very low income elderly through participation in the HUD Section 202 PRAC Program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,830,547$1,870,131▲ $39,584
Savings and Temporary Cash Investments$318,652$293,540▼ $25,112
Cash and Non-Interest-Bearing Accounts$28,859$15,095▼ $13,764
Prepaid Expenses and Deferred Charges$7,314$6,295▼ $1,019
Accounts Receivable$702$171▼ $531
Total Assets$2,186,419$2,185,577▼ $842
Other Assets Total$345$345→ $0
Liabilities
Accounts Payable and Accrued Expenses$56,305$55,370▼ $935
Other Liabilities$28,852$28,935▲ $83
Deferred Revenue$14$93▲ $79
Total Liabilities$85,171$84,398▼ $773
Net Assets / Fund Balance
Unrestricted Net Assets$2,101,248--
Temporarily Rstr Net Assets-$2,101,179-
Total Net Assets Fund Balance$2,101,248$2,101,179▼ $69
Total Liabilities and Net Assets / Fund Balance$2,186,419$2,185,577▼ $842

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,276,710$1,938,396$3,215,106
Land$508,504-$508,504
Equipment$84,917$75,000$159,917
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel DooleyPresident
Fr Eamon TobinDirector
Gene DetwilerDirector
John G SheppardDirector
Michael DackoDirector
Joan BerriosSecretary
Francis StewartTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$352,058
Program Service Revenue
$200,441
Investment Income
$473
Other Revenue
$7,311
Change in Net Assets
$-69

Audited Revenue Reconciliation

Revenue per Audited Statements
$560,283
Total Revenue per Audited Statements
$560,283
Total Revenue per Form 990
$560,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$356,490
Salaries, Compensation, and Employee Benefits$203,862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,845$0$0$168,845
Depreciation Depletion$85,890$0$0$85,890
Fees for Services Management$0$67,064$0$67,064
Insurance$31,856$0$0$31,856
Office Expenses$22,525$0$0$22,525
Other Employee Benefits$21,518$0$0$21,518
Payroll Taxes$12,874$0$0$12,874
Fees for Services Accounting$0$7,400$0$7,400
Other Expenses$2,216$0$0$2,216
Conferences and Meetings$1,893$0$0$1,893
Travel$1,277$0$0$1,277
Pension Plan Contributions$625$0$0$625
Advertising$280$0$0$280
Total Functional Expenses$485,888$74,464$0$560,352

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$560,352
Total Expenses per Audited Statements$560,352
Total Expenses per Form 990$560,352
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 with accrued interest$28,935
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
Yes
Filing and Contact Details

Filer

Filer Name
Ascension Housing Inc
EIN
59-3305460
Phone
7275781174
Address
5300 W CYPRESS STREET, TAMPA, FL 33607

Signing Officer

Name
Daniel P Dooley
Title
President
Phone
7275781174
Signed
2017-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Dooley
Formed
1992
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
9
Volunteers
0

Preparer

Firm
Roxanne L Pauley CPA
Address
3819 Logue Road, Myakka City, FL 34251-9742
Preparer
Roxanne L Pauley
Phone
3525150617
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The hud subsidized apartment complex is mamanged by carteret mamangement corporation, 5300 w cypress st #200, tampa, fl 33607, ph 727-578-1174.

Pt VI, Line 11B

Form 990 is reviewed by the board president before it is filed.

Pt VI, Line 12C

The board of directors annually polls each member for compliance with its conflict of interest policy.

Pt VI, Line 15A

The board of directors annually reviews and approves all detailed salaries.

Pt VI, Line 15B

The board of directors annaully reviews and approves all detailed salaries.

Pt VI, Line 19

The organization has its governing documents, conflict of interest policy, and financial statements available at the above management agent.

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IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt01611891
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0352058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0343202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0313514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0310200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0292917
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01611891
IRS990ScheduleA/TotalSupportAmt01614243
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01276710
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01938396
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03215106
IRS990ScheduleD/EquipmentGrp/BookValueAmt084917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0159917
IRS990ScheduleD/ExpensesSubtotalAmt0560352
IRS990ScheduleD/LandGrp/BookValueAmt0508504
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0508504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits with accrued interest
IRS990ScheduleD/RevenueSubtotalAmt0560283
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01870131
IRS990ScheduleD/TotalExpensesPerForm990Amt0560352
IRS990ScheduleD/TotalLiabilityAmt028935
IRS990ScheduleD/TotalRevenuePerForm990Amt0560283
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0560283
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0560352
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HUD SUBSIDIZED APARTMENT COMPLEX IS MAMANGED BY CARTERET MAMANGEMENT CORPORATION, 5300 W CYPRESS ST #200, TAMPA, FL 33607, PH 727-578-1174.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD PRESIDENT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY POLLS EACH MEMBER FOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES ALL DETAILED SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ANNAULLY REVIEWS AND APPROVES ALL DETAILED SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE AT THE ABOVE MANAGEMENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Catholic Diocese of Orlando FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0591215378
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0P O Box 1800
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Orlando
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032802
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025108
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0accrual
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Catholic Diocese of Orlando FL - property insurance
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0p
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02101179
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02186419
IRS990/TotalAssetsEOYAmt02185577
IRS990/TotalAssetsGrp/BOYAmt02186419
IRS990/TotalAssetsGrp/EOYAmt02185577
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0352058
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074464
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0485888
IRS990/TotalFunctionalExpensesGrp/TotalAmt0560352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt085171
IRS990/TotalLiabilitiesEOYAmt084398
IRS990/TotalLiabilitiesGrp/BOYAmt085171
IRS990/TotalLiabilitiesGrp/EOYAmt084398
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02101248
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02101179
IRS990/TotalProgramServiceExpensesAmt0485888
IRS990/TotalProgramServiceRevenueAmt0200441
IRS990/TotalRevenueGrp/ExclusionAmt0473
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0207752
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0560283
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02186419
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02185577
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01277
IRS990/TravelGrp/TotalAmt01277
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02101248
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0870 PALM BROOK DR
IRS990/USAddress/CityNm0MELBOURNE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032940
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL P DOOLEY

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.76$0.16$1.60$0.75$0.83$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.25$1.68$0.70$0.89$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.13$1.87$0.61$0.69$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.06$0.10$1.96$0.61$0.64$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.10$1.99$0.61$0.63$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.10$2.01$0.60$0.61$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.14$0.11$2.03$0.58$0.59$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.13$0.09$2.04$0.56$0.62$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.08$2.10$0.56$0.56$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.19$0.09$2.10$0.55$0.58$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.10$2.14$0.54$0.60$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.10$2.21$0.52$0.55$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.10$2.24$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.10$2.27$0.54
2011Summary only. Only limited summary data is available for this year.$2.41$0.09$2.32$0.47$0.51$0.04