Civic Intelligence

Emerald Coast Housing II Inc.

990 • Fiscal year 2010 • EIN 59-3316619

Oct 01, 2009 to Sep 30, 2010 • Filed on Jun 15, 2011

205 Brooks Street No 20132548
Siviq Scores

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

Liabilities / Assets

96th percentile

1.19x

Higher debt load relative to assets than 96% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$20,786,070

No earlier filing loaded for comparison.

Net Assets

-$4,007,317

No earlier filing loaded for comparison.

Liabilities

$24,793,387

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$4,223,561

No earlier filing loaded for comparison.

Net Income

-

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.

$30M$20M$10M$0-$10M-$20MAssets 2010: $20,786,070Liabilities 2010: $24,793,387Net Assets 2010: -$4,007,3172010Assets 2011: $20,113,398Liabilities 2011: $25,403,021Net Assets 2011: -$5,289,6232011Assets 2012: $19,096,069Liabilities 2012: $25,609,038Net Assets 2012: -$6,512,9692012Assets 2013: $18,569,610Liabilities 2013: $26,138,824Net Assets 2013: -$7,569,2142013Assets 2014: $18,117,827Liabilities 2014: $26,290,358Net Assets 2014: -$8,172,5312014Assets 2015: $17,472,906Liabilities 2015: $26,401,234Net Assets 2015: -$8,928,3282015Assets 2016: $17,251,585Liabilities 2016: $27,737,199Net Assets 2016: -$10,485,6142016Assets 2017: $16,537,269Liabilities 2017: $28,030,992Net Assets 2017: -$11,493,7232017Assets 2018: $9,276,854Liabilities 2018: $12,319,272Net Assets 2018: -$3,042,4182018Assets 2019: $9,092,329Liabilities 2019: $12,147,747Net Assets 2019: -$3,055,4182019Assets 2020: $9,442,513Liabilities 2020: $11,862,958Net Assets 2020: -$2,420,4452020Assets 2021: $9,400,072Liabilities 2021: $11,735,000Net Assets 2021: -$2,334,9282021Assets 2022: $10,205,346Liabilities 2022: $11,570,698Net Assets 2022: -$1,365,3522022

Highlighted filing

2010

Assets$20,786,070
Liabilities$24,793,387
Net Assets-$4,007,317

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,223,5612010Expenses 2011: $4,315,2172011Expenses 2012: $4,150,7552012Expenses 2013: $4,160,9272013Revenue 2014: $3,607,130Expenses 2014: $4,210,447Net Income 2014: -$603,3172014Revenue 2015: $3,605,463Expenses 2015: $4,361,260Net Income 2015: -$755,7972015Revenue 2016: $3,555,599Expenses 2016: $5,112,878Net Income 2016: -$1,557,2792016Revenue 2017: $3,449,410Expenses 2017: $4,457,519Net Income 2017: -$1,008,1092017Revenue 2018: $12,209,189Expenses 2018: $3,757,884Net Income 2018: $8,451,3052018Revenue 2019: $2,238,814Expenses 2019: $2,251,814Net Income 2019: -$13,0002019Revenue 2020: $3,012,001Expenses 2020: $2,377,028Net Income 2020: $634,9732020Revenue 2021: $2,502,765Expenses 2021: $2,417,248Net Income 2021: $85,5172021Revenue 2022: $3,402,859Expenses 2022: $2,433,283Net Income 2022: $969,5762022

Highlighted filing

2010

Revenue-
Expenses$4,223,561
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2009 to Sep 30, 2010
Signed
Jun 15, 2011
Return Version
2009v1.7
Gross Receipts
$3,180,561
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
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IRS990ScheduleO/GeneralExplanation/Explanation0The Royale Project entered into a 5-year contract dated May 9, 2010, with Progressive Management of America, Inc to provide all management services for apartments owned by Emerald Coast Housing II. 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.
IRS990ScheduleO/GeneralExplanation/Explanation1Decisions of the governing body are subject to approval of executive committee or board of directors.
IRS990ScheduleO/GeneralExplanation/Explanation2Form 990 is provided to the Board for their review and approval before it is filed with the Internal Revenue Service.
IRS990ScheduleO/GeneralExplanation/Explanation3All policies including the conflict of interest policy are circulated annually to the entire Board of Directors for their review.
IRS990ScheduleO/GeneralExplanation/Explanation4The 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/Explanation5The organization makes its governing documents available to the public through its website and upon request.
IRS990ScheduleO/GeneralExplanation/Explanation6Form 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/Identifier0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Section C, line 19
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IRS990ScheduleR/Form990ScheduleRPartI/EOYAssets011772546
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10205 Brooks Street Ste 201
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine11205 Brooks Street Ste 201
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine12205 Brooks Street Ste 201
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine13205 Brooks Street Ste 201
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine14205 Brooks Street Ste 201
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0Fort Walton Beach
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1Fort Walton Beach
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City2Fort Walton Beach
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City3Fort Walton Beach
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City4Fort Walton Beach
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State3FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State4FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode032548
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode132548
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode232548
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode332548
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode432548
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection1501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection2501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection3501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection4501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0FL
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1FL
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState2FL
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState3FL
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState4FL
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10Perdido Housing Corporation
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11Bayshore Housing Corporation

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$11.6$1.37$3.40$2.43$0.97
2021Detailed filing. Detailed filing data is available for this year.$9.40$11.7$2.33$2.50$2.42$0.09
2020Detailed filing. Detailed filing data is available for this year.$9.44$11.9$2.42$3.01$2.38$0.63
2019Detailed filing. Detailed filing data is available for this year.$9.09$12.1$3.06$2.24$2.25$0.01
2018Detailed filing. Detailed filing data is available for this year.$9.28$12.3$3.04$12.2$3.76$8.45
2017Detailed filing. Detailed filing data is available for this year.$16.5$28.0$11.5$3.45$4.46$1.01
2016Detailed filing. Detailed filing data is available for this year.$17.3$27.7$10.5$3.56$5.11$1.56
2015Detailed filing. Detailed filing data is available for this year.$17.5$26.4$8.93$3.61$4.36$0.76
2014Detailed filing. Detailed filing data is available for this year.$18.1$26.3$8.17$3.61$4.21$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$26.1$7.57$4.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$25.6$6.51$4.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$25.4$5.29$4.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$24.8$4.01$4.22