Civic Intelligence

Rome Apartments Inc.

990 • Fiscal year 2013 • EIN 59-3367808

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 06, 2014

5707 North 22nd Street33610

(813) 239-8270

Siviq Scores

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

Liabilities / Assets

96th percentile

1.51x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

98th percentile

8.86x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

97th percentile

$206,026

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 131.3% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

28th percentile

-3.7%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

42nd percentile

1.1%

Faster revenue growth than 42% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Down

$923,137

Down $35,332 (-3.7%) from 2012

Net Assets

Down

-$467,752

Down $40,146 (-9.4%) from 2012

Liabilities

Up

$1,390,889

Up $4,814 (+0.3%) from 2012

Revenue

$156,944

No earlier filing loaded for comparison.

Expenses

Up

$197,090

Up $31,377 (+19%) from 2012

Net Income

-$40,146

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.

$2.0M$1.0M$0-$1.0MAssets 2010: $1,014,844Liabilities 2010: $1,399,535Net Assets 2010: -$384,6912010Assets 2011: $968,802Liabilities 2011: $1,386,693Net Assets 2011: -$417,8912011Assets 2012: $958,469Liabilities 2012: $1,386,075Net Assets 2012: -$427,6062012Assets 2013: $923,137Liabilities 2013: $1,390,889Net Assets 2013: -$467,7522013Assets 2014: $868,620Liabilities 2014: $1,385,920Net Assets 2014: -$517,3002014Assets 2015: $828,581Liabilities 2015: $1,389,730Net Assets 2015: -$561,1492015Assets 2016: $703,685Liabilities 2016: $1,390,594Net Assets 2016: -$686,9092016Assets 2017: $665,749Liabilities 2017: $1,391,110Net Assets 2017: -$725,3612017Assets 2018: $652,134Liabilities 2018: $1,401,546Net Assets 2018: -$749,4122018Assets 2019: $640,465Liabilities 2019: $1,411,253Net Assets 2019: -$770,7882019Assets 2020: $584,029Liabilities 2020: $1,392,603Net Assets 2020: -$808,5742020Assets 2021: $583,865Liabilities 2021: $1,419,975Net Assets 2021: -$836,1102021Assets 2022: $541,665Liabilities 2022: $1,416,255Net Assets 2022: -$874,5902022Assets 2023: $521,750Liabilities 2023: $1,442,037Net Assets 2023: -$920,2872023Assets 2024: $492,666Liabilities 2024: $1,470,506Net Assets 2024: -$977,8402024

Highlighted filing

2013

Assets$923,137
Liabilities$1,390,889
Net Assets-$467,752

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $167,1832010Revenue 2011: $153,617Expenses 2011: $186,817Net Income 2011: -$33,2002011Expenses 2012: $165,7132012Revenue 2013: $156,944Expenses 2013: $197,090Net Income 2013: -$40,1462013Revenue 2014: $161,369Expenses 2014: $210,917Net Income 2014: -$49,5482014Revenue 2015: $157,238Expenses 2015: $201,087Net Income 2015: -$43,8492015Revenue 2016: $155,307Expenses 2016: $281,067Net Income 2016: -$125,7602016Revenue 2017: $164,850Expenses 2017: $203,302Net Income 2017: -$38,4522017Revenue 2018: $168,108Expenses 2018: $192,159Net Income 2018: -$24,0512018Revenue 2019: $167,259Expenses 2019: $188,635Net Income 2019: -$21,3762019Revenue 2020: $170,509Expenses 2020: $208,295Net Income 2020: -$37,7862020Revenue 2021: $168,555Expenses 2021: $196,091Net Income 2021: -$27,5362021Revenue 2022: $173,145Expenses 2022: $211,625Net Income 2022: -$38,4802022Revenue 2023: $170,930Expenses 2023: $216,627Net Income 2023: -$45,6972023Revenue 2024: $174,060Expenses 2024: $231,613Net Income 2024: -$57,5532024

Highlighted filing

2013

Revenue$156,944
Expenses$197,090
Net Income-$40,146
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 6, 2014
Return Version
2013v3.0
Gross Receipts
$156,944
Mission and Program Overview

Mission

The project provides housing to low-income individuals with disabilities. This qualifies the property to receive section 8 benefits in accordance with regulations of the united states department of housing and urban development (hud).

To provide supportive housing to low-income individuals with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$769,473$729,294▼ $40,179
Savings and Temporary Cash Investments$165,626$190,140▲ $24,514
Cash and Non-Interest-Bearing Accounts$23,370$2,722▼ $20,648
Accounts Receivable-$981-
Total Assets$958,469$923,137▼ $35,332
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,375,600$1,375,600→ $0
Accounts Payable and Accrued Expenses$5,968$9,779▲ $3,811
Other Liabilities$4,507$5,510▲ $1,003
Total Liabilities$1,386,075$1,390,889▲ $4,814
Net Assets / Fund Balance
Unrestricted Net Assets$-427,606$-467,752▼ $40,146
Total Net Assets Fund Balance$-427,606$-467,752▼ $40,146
Total Liabilities and Net Assets / Fund Balance$958,469$923,137▼ $35,332

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$433,918$596,836$1,030,754
Land$288,250-$288,250
Equipment$7,126$104,525$111,651
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$113,022
Program Service Revenue
$42,390
Investment Income
$72
Other Revenue
$1,460
Change in Net Assets
$-40,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$156,944
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$156,944
Total Revenue per Form 990
$156,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,745
Salaries, Compensation, and Employee Benefits$45,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,179--$40,179
Other Salaries and Wages$37,952--$37,952
Occupancy$24,088--$24,088
Fees for Services Management-$15,917-$15,917
Insurance$15,714--$15,714
Fees for Services Other$14,099--$14,099
Office Expenses$8,682$1,184-$9,866
Fees for Services Accounting-$7,200-$7,200
Other Employee Benefits$5,317--$5,317
Other Expenses$3,228--$3,228
Fees for Services Legal-$2,786-$2,786
Payroll Taxes$2,076--$2,076
Interest-$575-$575
Total Functional Expenses$169,428$27,662$0$197,090

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$197,090
Total Expenses per Audited Statements$197,090
Total Expenses per Form 990$197,090
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$5,241
Residual Receipts Available for Recapture$269
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
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 3

The organization contracted with an affiliated organization ("the management company") that provided accounting and other managerial services. The organization pays the management company a fee based on an established rate approved by hud.

Form 990, Part VI, Section B, Line 11

The form 990 will be reviewed by the ceo, cfo and property manager prior to filing with the irs.

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

The board chairman, ceo and supervisors review potential conflicts and are noted by the individual, supervisor or director to the ceo.

Form 990, Part VI, Section C, Line 18

Forms 1023 and 990 will be made available upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

FORM 990, PART VI, SECTION B, LINE 15:

The organization does not have any paid officers or key employees. If the organization finds itself in a position where this changes, a written process that ensures fair and equitable compensation will be adopted.

FORM 990, PART VII, SECTION A, LINE 1A:

Joe rutherford and steve welch worked approximately 45 hours per week as follows: mental health care, inc 40 hours, alexander apartments of plant city, inc 1 hour, armenia-eddy apartments, inc 1 hour, brandon apartments, inc 1 hour, hubert apartments, inc 1 hour, and rome apartments, inc 1 hour. Elizabeth barron, ed ballas, doug arthur, mel carrier, edi erb, dave hunter, and john massolio worked approximately 5 hours per week as follows: alexander apartments of plant city, inc 1 hour, armenia-eddy apartments, inc 1 hour, brandon apartments, inc 1 hour, hubert apartments, inc 1 hour, and rome apartments, inc 1 hour.

Filing and Contact Details

Filer

EIN
59-3367808
Phone
8132398270

Signing Officer

Name
Joe Rutherford
Title
CFO
Phone
8132398270
Signed
2014-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Welch
Formed
1996
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Sam a Lazzara
Phone
8138757774
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Neither the oversight process nor the selection process has changed during the tax year.

Financial Statement Notes

PART X, LINE 2:

The project has been recognized as exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Therefore, no provision for income taxes has been presented in these financial statements. The project has not reported any unrelated business income; however, such status is subject to final determination upon examination, if any, of the related income tax returns by the appropriate taxing authorities. The project is not aware of any tax positions it has taken that are subject to a significant degree of uncertainty. Tax years after december 31, 2009 remain subject to examination by federal and state taxing authorities.

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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0129
IRS990/PYOtherExpensesAmt0123105
IRS990/PYOtherRevenueAmt01264
IRS990/PYProgramServiceRevenueAmt036587
IRS990/PYRevenuesLessExpensesAmt0-9715
IRS990/PYSalariesCompEmpBnftPaidAmt042608
IRS990/PYTotalExpensesAmt0165713
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0155998
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-40146
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt043850
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0165626
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0190140
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0113022
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0118018
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0108016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt099950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0551604
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0129
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0150
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0431
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0998
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01780
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042390
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt039643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt042767
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0204448
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0431
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0998
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01780
IRS990ScheduleA/InvestmentIncomeCYPct00.00230
IRS990ScheduleA/InvestmentIncomePYPct00.00370
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01264
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01226
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02145
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02203
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08298
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98680
IRS990ScheduleA/PublicSupportPY509Pct00.98430
IRS990ScheduleA/PublicSupportTotal509Amt0756052
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0155412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0154605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0151077
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0142717
IRS990ScheduleA/Total509Grp/TotalAmt0756052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0156944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0155998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0153617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0153653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0145918
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0766130
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0433918
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0596836
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01030754
IRS990ScheduleD/EquipmentGrp/BookValueAmt07126
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104525
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111651
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0197090
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0288250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0288250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1269
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL RECEIPTS AVAILABLE FOR RECAPTURE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0156944
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT HAS BEEN RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PRESENTED IN THESE FINANCIAL STATEMENTS. THE PROJECT HAS NOT REPORTED ANY UNRELATED BUSINESS INCOME; HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION, IF ANY, OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE PROJECT IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER DECEMBER 31, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0729294
IRS990ScheduleD/TotalExpensesPerForm990Amt0197090
IRS990ScheduleD/TotalLiabilityAmt05510
IRS990ScheduleD/TotalRevenuePerForm990Amt0156944
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0156944
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0197090
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180183
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1160470
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt025843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt112537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOE RUTHERFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEVEN WELCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0206026
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1173007
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FOR THE PURPOSES OF DETERMINING COMPENSATION, THE FILING ORGANIZATION, HUBERT APARTMENTS, INC RELIED ON RELATED ORGANIZATIONS TO ESTABLISH COMPENSATION OF EXECUTIVES, OFFICERS AND KEY EMPLOYEES. THE RELATED ORGANIZATION, MENTAL HEALTH CARE, INC USED THE FOLLOWING PRACTICES FOR ESTABLISHING COMPENSATION FOR SUCH INDIVIDUALS: WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTED WITH AN AFFILIATED ORGANIZATION ("THE MANAGEMENT COMPANY") THAT PROVIDED ACCOUNTING AND OTHER MANAGERIAL SERVICES. THE ORGANIZATION PAYS THE MANAGEMENT COMPANY A FEE BASED ON AN ESTABLISHED RATE APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE REVIEWED BY THE CEO, CFO AND PROPERTY MANAGER PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CHAIRMAN, CEO AND SUPERVISORS REVIEW POTENTIAL CONFLICTS AND ARE NOTED BY THE INDIVIDUAL, SUPERVISOR OR DIRECTOR TO THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORMS 1023 AND 990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE ANY PAID OFFICERS OR KEY EMPLOYEES. IF THE ORGANIZATION FINDS ITSELF IN A POSITION WHERE THIS CHANGES, A WRITTEN PROCESS THAT ENSURES FAIR AND EQUITABLE COMPENSATION WILL BE ADOPTED.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$1.47$0.98$0.17$0.23$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.52$1.44$0.92$0.17$0.22$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.54$1.42$0.87$0.17$0.21$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.58$1.42$0.84$0.17$0.20$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.58$1.39$0.81$0.17$0.21$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.64$1.41$0.77$0.17$0.19$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.65$1.40$0.75$0.17$0.19$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.67$1.39$0.73$0.16$0.20$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.70$1.39$0.69$0.16$0.28$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.83$1.39$0.56$0.16$0.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.87$1.39$0.52$0.16$0.21$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.92$1.39$0.47$0.16$0.20$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$1.39$0.43$0.17
2011Summary only. Only limited summary data is available for this year.$0.97$1.39$0.42$0.15$0.19$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.40$0.38$0.17