Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
EIN 61-1228613 • 501(c)3 • Jamestown, KY
Profile
LOW-INCOME HOUSING
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Down$542,867
Down $24,200 (-4.3%) from 2024
Liabilities
Down$1,205,414
Down $3,554 (-0.3%) from 2024
Net Assets
Down-$662,547
Down $20,646 (-3.2%) from 2024
Revenue
Up$154,529
Up $21,995 (+17%) from 2024
Expenses
Up$175,175
Up $140 (+0.1%) from 2024
Net Income
Up-$20,646
Up $21,855 (+51%) from 2024
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
LOW-INCOME HOUSING
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $503,140 | $479,760 | ▼ $23,380 |
| Savings and Temporary Cash Investments | $56,003 | $50,510 | ▼ $5,493 |
| Cash and Non-Interest-Bearing Accounts | $602 | $4,925 | ▲ $4,323 |
| Accounts Receivable | - | $282 | - |
| Total Assets | $567,067 | $542,867 | ▼ $24,200 |
| Other Assets Total | $7,322 | $7,390 | ▲ $68 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,182,000 | $1,182,000 | → $0 |
| Accounts Payable and Accrued Expenses | $19,646 | $16,024 | ▼ $3,622 |
| Escrow Account Liability | $7,322 | $7,390 | ▲ $68 |
| Total Liabilities | $1,208,968 | $1,205,414 | ▼ $3,554 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-641,901 | $-662,547 | ▼ $20,646 |
| Total Net Assets Fund Balance | $-641,901 | $-662,547 | ▼ $20,646 |
| Total Liabilities and Net Assets / Fund Balance | $567,067 | $542,867 | ▼ $24,200 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $411,759 | $932,671 | $1,344,430 |
| Land | $66,700 | - | $66,700 |
| Other Land Buildings | $1,301 | $15,210 | $16,511 |
| Equipment | $0 | $8,300 | $8,300 |
| Name | Title |
|---|---|
| Rodney Ballenger | Chair |
| Bruce Brown | Vice Chair |
| Eddie Glover | Member |
| John Engle | Member |
| Lavonna Phelps | Member |
| Rodney Casada | Member |
| Brenda Russel | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $136,316 |
| Salaries, Compensation, and Employee Benefits | $38,859 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $42,378 | - | - | $42,378 |
| Other Salaries and Wages | $22,720 | $7,574 | - | $30,294 |
| Fees for Services Management | $18,088 | $6,030 | - | $24,118 |
| Occupancy | $14,103 | - | - | $14,103 |
| Insurance | $8,419 | - | - | $8,419 |
| Other Employee Benefits | $4,711 | $1,570 | - | $6,281 |
| Fees for Services Other | - | $6,000 | - | $6,000 |
| Other Expenses | $3,410 | $1,898 | - | $3,410 |
| Office Expenses | $2,525 | $842 | - | $3,367 |
| All Other Expenses | $2,323 | - | - | $2,323 |
| Payroll Taxes | $1,713 | $571 | - | $2,284 |
| Total Functional Expenses | $150,690 | $24,485 | $0 | $175,175 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $175,175 |
| Total Expenses per Audited Statements | $175,175 |
| Total Expenses per Form 990 | $175,175 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Rent activities are managed by a third party - lake cumberland housing agency, inc.”
“A copy of form 990 is provided to the management company for review by the external accounting firm. The form 990 is reviewed by the management company and then provided to the board of directors for final approval.”
“Items are made available upon request.”
“The process has not changed from the prior year.”
“TENANT SECURITY DEPOSITS”
“As of june 30, 2025, the project has no uncertain tax positions that qualify for disclosure in the financial statements. Tax years still open under federal and state statute of limitations remain subject to review and change.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2323 |
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| IRS990/CYTotalRevenueAmt | 0 | 154529 |
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| IRS990/Desc | 0 | TO PROVIDE LOW INCOME HOUSING TO LOW INCOME PERSONS, ELDERLY AND HANDICAPPED PERSONS. |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 6000 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 8419 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 61 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 292 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 482 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 134876 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 727205 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 148462 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 148429 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 141566 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 135358 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 728344 |
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| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 411759 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 932671 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1344430 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 8300 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 8300 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 175175 |
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| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 66700 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1301 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 15210 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 16511 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 154529 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | AS OF JUNE 30, 2025, THE PROJECT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS STILL OPEN UNDER FEDERAL AND STATE STATUTE OF LIMITATIONS REMAIN SUBJECT TO REVIEW AND CHANGE. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 2B: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 175175 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 175175 |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RENT ACTIVITIES ARE MANAGED BY A THIRD PARTY - LAKE CUMBERLAND HOUSING AGENCY, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A COPY OF FORM 990 IS PROVIDED TO THE MANAGEMENT COMPANY FOR REVIEW BY THE EXTERNAL ACCOUNTING FIRM. THE FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ITEMS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XII, LINE 2C: |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 175175 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 1205414 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1208968 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1205414 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -662547 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 542867 |
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| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
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| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 440 |
| IRS990/USAddress/CityNm | 0 | JAMESTOWN |
| IRS990/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/USAddress/ZIPCd | 0 | 42629 |
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| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA MANN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2703434740 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WESTBROOKE APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WEST |
| ReturnHeader/Filer/EIN | 0 | 611228613 |
| ReturnHeader/Filer/PhoneNum | 0 | 2703434740 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 440 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JAMESTOWN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 42629 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 453047226 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HICKS & ASSOCIATES CPAS PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1795 ALYSHEBA WAY STE 6206 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LEXINGTON |
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