Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.26x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$20,113,398
Down $672,672 (-3.2%) from 2010
Net Assets
Down-$5,289,623
Down $1,282,306 (-32%) from 2010
Liabilities
Up$25,403,021
Up $609,634 (+2.5%) from 2010
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$4,315,217
Up $91,656 (+2.2%) from 2010
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2010 to Sep 30, 2011
- Signed
- May 18, 2012
- Return Version
- 2010v3.4
- Gross Receipts
- $3,032,911
Mission and Program Overview
Mission
The corporation shall provide positive housing opportunities to those families of low and modest financial means and shall strive to promote self-respect and self-reliance among its residents while maintaining the integrity of the properties and the financial goals established by the board of directors.this mission shall be accomplished through the competent, professional management, active participation by the board of directors, the residents and the community, all working together to care for the property and each other.
Major Activities
- Activity 2
- Royale project- provide safe and affordable housing to low and moderate income families in Florida. This project consists of 3 properties with 215 apartment units in Okaloosa County, Florida
Filing and Contact Details
Filer
- EIN
- 59-3316619
Raw XML AppendixShowing 400 of 582 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/AccountantCompileOrReview | 0 | 0 |
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 5403308 |
| IRS990/AccountsReceivable/BOY | 0 | 36385 |
| IRS990/AccountsReceivable/EOY | 0 | 22025 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/Activity2/Description | 0 | Royale project- provide safe and affordable housing to low and moderate income families in Florida. This project consists of 3 properties with 215 apartment units in Okaloosa County, Florida |
| IRS990/Activity2/Expense | 0 | 1974251 |
| IRS990/Activity2/Revenue | 0 | 1094471 |
| IRS990/ActivityOrMissionDescription | 0 | The Corporation shall provide positive housing opportunities to those families of low and modest financial means and shall strive to promote self-respect and self-reliance among its residents while maintaining the integrity of the properties and the financial goals established by the Board of Directors.This mission shall be accomplished through the competent, professional management, active participation by the Board of Directors, the residents and the community, all working together to care for the property and each other. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 205 Brooks Street Suite 201 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Fort Walton Beach |
| IRS990/AddressPrincipalOfficerUS/State | 0 | FL |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 32548 |
| IRS990/Advertising/ProgramServices | 0 | 3896 |
| IRS990/Advertising/Total | 0 | 3896 |
| IRS990/AllOtherContributions | 0 | 70577 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 1 |
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| IRS990/CashNonInterestBearing/BOY | 0 | 174586 |
| IRS990/CashNonInterestBearing/EOY | 0 | 204672 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
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| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 2 | Fort Walton Beach |
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| IRS990/ContractorCompensation/DescriptionOfServices | 0 | Maintenance labor |
| IRS990/ContractorCompensation/DescriptionOfServices | 1 | Administrative labor |
| IRS990/ContractorCompensation/DescriptionOfServices | 2 | Management service & other indirect labo |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 0 | Progressive Management of America Inc |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 1 | Progressive Management of America Inc |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 2 | Progressive Management of America Inc |
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| IRS990/DepreciationDepletion/Total | 0 | 751200 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | Capitains quarters project- provide safe and affordable housing to low and moderate income families in Florida. This project consists of 16 properties with 355 apartment units in Okaloosa County, Florida |
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| IRS990/DocumentRetentionPolicy | 0 | 1 |
| IRS990/DonorAdvisedFunds | 0 | 0 |
| IRS990/ElectionOfBoardMembers | 0 | 0 |
| IRS990/EscrowAccountLiability/BOY | 0 | 136478 |
| IRS990/EscrowAccountLiability/EOY | 0 | 177191 |
| IRS990/ExcessBenefitTransaction | 0 | 0 |
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| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
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| IRS990/FeesForServicesAccounting/Total | 0 | 38406 |
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| IRS990/FeesForServicesManagement/Total | 0 | 187176 |
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| IRS990/FinancialStatementSeparate | 0 | X |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 0.50 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 0.50 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | Benjamin Pearce |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Jeff VanHusan |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Rebecca Freeman |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | Veneta Finley |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | President |
| IRS990/Form990PartVIISectionA/Title | 1 | Vice President |
| IRS990/Form990PartVIISectionA/Title | 2 | Secretary/Treasurer |
| IRS990/Form990PartVIISectionA/Title | 3 | Director |
| IRS990/Form990ProvidedToGoverningBody | 0 | 1 |
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| IRS990/FSAudited | 0 | 1 |
| IRS990/FundraisingActivities | 0 | 0 |
| IRS990/Gaming | 0 | 0 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | 0 |
| IRS990/GrantsToOrganizations | 0 | 0 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
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| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InfoInScheduleOPartXII | 0 | X |
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| IRS990/Interest/Total | 0 | 1442755 |
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| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 4317988 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 21112883 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 17489407 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 16794895 |
| IRS990/LoansFromOfficersDirectors/BOY | 0 | 539844 |
| IRS990/LoansFromOfficersDirectors/EOY | 0 | 539844 |
| IRS990/LoanToOfficerOrDQP | 0 | 1 |
| IRS990/LobbyingActivities | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 0 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | The Corporation shall provide positive housing opportunities to those families of low and modest financial means and shall strive to promote self-respect and self-reliance among its residents while maintaining the integrity of the properties and the financial goals established by the Board of Directors.This mission shall be accomplished through the competent, professional management, active participation by the Board of Directors, the residents and the community, all working together to care for the property and each other. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | Laura Wright |
| IRS990/NbrIndependentVotingMembers | 0 | 4 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 4 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 4 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | -4007317 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | -5289623 |
| IRS990/NetUnrelatedBusinessTxblIncome | 0 | 0 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | 0 |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 10 |
| IRS990/NumberIndependentVotingMembers | 0 | 4 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 3 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ProgramServices | 0 | 598759 |
| IRS990/Occupancy/Total | 0 | 598759 |
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| IRS990/OfficeExpenses/Total | 0 | 18645 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | 1 |
| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 1448413 |
| IRS990/OtherAssetsTotal/EOY | 0 | 1433138 |
| IRS990/OtherExpensePriorYear | 0 | 4223561 |
| IRS990/OtherExpensesCurrentYear | 0 | 4315217 |
| IRS990/OtherExpenses/Description | 0 | Taxes, licenses and fee |
| IRS990/OtherExpenses/Description | 1 | Bad debt |
| IRS990/OtherExpenses/Description | 2 | Miscellaneous admin exp |
| IRS990/OtherExpenses/Description | 3 | Resident relations |
| IRS990/OtherExpenses/Description | 4 | Training and education |
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| IRS990/OtherExpenses/ProgramServices | 3 | 1536 |
| IRS990/OtherExpenses/Total | 0 | 273198 |
| IRS990/OtherExpenses/Total | 1 | 121793 |
| IRS990/OtherExpenses/Total | 2 | 33758 |
| IRS990/OtherExpenses/Total | 3 | 1536 |
| IRS990/OtherExpenses/Total | 4 | 1209 |
| IRS990/OtherLiabilities/BOY | 0 | 11321 |
| IRS990/OtherLiabilities/EOY | 0 | 7049 |
| IRS990/OtherRevenueCurrentYear | 0 | 8444 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 531110 |
| IRS990/OtherRevenueMisc/Description | 0 | Forgiveness of Loan |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 8444 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 8444 |
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| IRS990/PartialLiquidation | 0 | 0 |
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| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 59321 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 61809 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
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| IRS990/ProgramServiceRevenue/Description | 0 | Program Service Revenu |
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| IRS990/ReconcilationRevenueExpenses | 0 | -1282306 |
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| IRS990/RelatedOrgControlledEntity | 0 | 0 |
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| IRS990/ReportOtherLiabilities | 0 | 1 |
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| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 1596859 |
| IRS990ScheduleA/AmtsFromSubstContributors/Total | 0 | 0 |
| IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total | 0 | 0 |
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| IRS990ScheduleA/GiftsGrantsContribReceived509/Total | 0 | 113733 |
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| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 69289 |
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| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years | 0 | 2235272 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years | 0 | 1364984 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 12413518 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years | 0 | 6112 |
| IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years | 0 | 36583 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTI/Total | 0 | 69289 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00410 |
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| IRS990ScheduleA/OtherIncome509/Total | 0 | 4460864 |
| IRS990ScheduleA/PriorYearSupportPercentage | 0 | 0.52940 |
| IRS990ScheduleA/PriorYrInvestIncomePercentage | 0 | 0.00690 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.73440 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 12527251 |
| IRS990ScheduleA/SupportFromDQPsEtc/Total | 0 | 0 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY509 | 0 | X |
| IRS990ScheduleA/Total509/CurrentTaxYear | 0 | 3018388 |
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| IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years | 0 | 1364984 |
| IRS990ScheduleA/Total509/Total | 0 | 12527251 |
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| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year | 0 | 3180561 |
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| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years | 0 | 4335340 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 17057404 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleD/AdditionsDuringYear | 0 | 133282 |
| IRS990ScheduleD/AgentTrusteeEtc | 0 | 0 |
| IRS990ScheduleD/BeginningBalance | 0 | 136478 |
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| IRS990ScheduleD/Buildings/OtherCostOrOtherBasis | 0 | 17971342 |
| IRS990ScheduleD/DistributionsDuringYear | 0 | 91869 |
| IRS990ScheduleD/EndingBalance | 0 | 177891 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -1282306 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -1282306 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 4315217 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | Escrow account for security deposits of tenants. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | Part IV, Line 2b: |
| IRS990ScheduleD/IncludedOnFS | 0 | 1 |
| IRS990ScheduleD/Land/BookValue | 0 | 2646049 |
| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 2646049 |
| IRS990ScheduleD/OtherAssets/BookValue | 0 | 1255247 |
| IRS990ScheduleD/OtherAssets/BookValue | 1 | 177891 |
| IRS990ScheduleD/OtherAssets/Description | 0 | Bond Issue Costs |
| IRS990ScheduleD/OtherAssets/Description | 1 | Security Deposit |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 495492 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 495492 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 7049 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | Deferred payment loan |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 3032911 |
| IRS990ScheduleD/TotalAdjustments | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssets | 0 | 1433138 |
| IRS990ScheduleD/TotalExpenses | 0 | 4315217 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 4315217 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 7049 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 16794895 |
| IRS990ScheduleD/TotalRevenue | 0 | 3032911 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 3032911 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 4315217 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 3032911 |
| IRS990/ScheduleJRequired | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 0 | 9148 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 1 | 467 |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 0 | Entity receives as an independent contractor compensation from all related organizations (reported on Schedule R, Part II) for bond oversight reports. |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 1 | Entity receives as an independent contractor compensation from all related organizations (reported on Schedule R, Part II) from bond oversight reports. |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | Davis and Davis Inc |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson | 0 | Laura B Wright PA |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 0 | Entity is owned 100% by Laura B. Wright, Executive Director |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 1 | Entity is owned 50% by Laura B. Wright, Executive Director |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 1 | 0 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | 1 |
| IRS990ScheduleL/LoanTable/BalanceDue | 0 | 539844 |
| IRS990ScheduleL/LoanTable/Default | 0 | 0 |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 0 | Progressive Management of America |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 0 | 539844 |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDue | 0 | 539844 |
| IRS990ScheduleM/AnyPropertyThatMustBeHeld | 0 | 0 |
| IRS990ScheduleM/OtherNonCashContributionsTable/Description | 0 | Supplies & Residential Building Maintenance |
| IRS990ScheduleM/OtherNonCashContributionsTable/MethodOfDeterminingRevenues | 0 | Fair Market Value |
| IRS990ScheduleM/OtherNonCashContributionsTable/NonCashCheckbox | 0 | X |
| IRS990ScheduleM/OtherNonCashContributionsTable/NoncashContribsRptdF990 | 0 | 70577 |
| IRS990ScheduleM/OtherNonCashContributionsTable/NumberOfContributions | 0 | 1 |
| IRS990ScheduleM/ReviewProcessUnusualNCGifts | 0 | 0 |
| IRS990ScheduleM/ThirdPartiesUsed | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The Royale Project entered into a 5-year contract dated May 19, 2010, with Progressive Management of America, Inc to provide all management services for apartments owned by Blackwater Housing Corporation. The Captains Quarters Project entered into a 5-year contract dated May 19, 2010, with Progressive Management of America, Inc to provide all management services for apartments owned by Emerald Coast Housing II, Inc. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Decisions of the governing body are subject to approval of executive committee or board of directors. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Form 990 is provided to the Board for their review and approval before it is filed with the Internal Revenue Service. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | All policies including the conflict of interest policy are circulated annually to the entire Board of Directors for their review. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | The organization adopted compensation policy on May 27, 2009. The process to determine compensation for the Executive director, key employees and officers includes 3 elements: 1) review and approval by the Board of Directors of the organization; 2) use of data as to comparable compensation; 3) contemporaneous documentation and recordkeeping. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | The organization makes its governing documents available to the public through its website and upon request. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | Form 990, Part XI, Line 2C: The organziation has a committee that assumes responsiblilty for oversight of the audit and selection of an independent accountant. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990, Part VI, Section C, line 19 |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 0 | 205 Brooks Street Ste 201 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 1 | 205 Brooks Street Ste 201 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 2 | 205 Brooks Street Ste 201 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 3 | 205 Brooks Street Ste 201 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 4 | 205 Brooks Street Ste 201 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 0 | Fort Walton Beach |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 1 | Fort Walton Beach |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 2 | Fort Walton Beach |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 3 | Fort Walton Beach |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 4 | Fort Walton Beach |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 0 | FL |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 1 | FL |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 2 | FL |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 3 | FL |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 4 | FL |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $20,113,398
- Liabilities
- $25,403,021
- Net assets
- -$5,289,623
- Revenue
- -
- Expenses
- $4,315,217
- Net income
- -