Civic Intelligence

Villa Madonna South Elderly Housing Corporation

990 • Fiscal year 2015 • EIN 61-1360816

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 29, 2016

PO Box 588Mayfield, KY 42066

(812) 876-5478

Siviq Scores

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

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

11.86x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

7th percentile

-47%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

25th percentile

-5.3%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$549,703

Down $30,675 (-5.3%) from 2014

Net Assets

Down

-$191,926

Down $29,493 (-18%) from 2014

Liabilities

Down

$741,629

Down $1,182 (-0.2%) from 2014

Revenue

Down

$62,537

Down $25,041 (-29%) from 2014

Expenses

Up

$92,030

Up $5,471 (+6.3%) from 2014

Net Income

Down

-$29,493

Down $30,512 (-2994%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $574,004Liabilities 2011: $762,094Net Assets 2011: -$188,0902011Assets 2012: $629,071Liabilities 2012: $769,870Net Assets 2012: -$140,7992012Assets 2013: $603,620Liabilities 2013: $767,071Net Assets 2013: -$163,4512013Assets 2014: $580,378Liabilities 2014: $742,811Net Assets 2014: -$162,4332014Assets 2015: $549,703Liabilities 2015: $741,629Net Assets 2015: -$191,9262015Assets 2016: $534,268Liabilities 2016: $747,505Net Assets 2016: -$213,2372016Assets 2017: $511,120Liabilities 2017: $743,703Net Assets 2017: -$232,5832017Assets 2018: $503,575Liabilities 2018: $752,430Net Assets 2018: -$248,8552018Assets 2019: $474,596Liabilities 2019: $745,020Net Assets 2019: -$270,4242019Assets 2020: $462,047Liabilities 2020: $778,386Net Assets 2020: -$316,3392020Assets 2021: $441,629Liabilities 2021: $781,406Net Assets 2021: -$339,7772021Assets 2022: $410,809Liabilities 2022: $785,423Net Assets 2022: -$374,6142022Assets 2023: $389,104Liabilities 2023: $778,039Net Assets 2023: -$388,9352023Assets 2024: $403,260Liabilities 2024: $775,559Net Assets 2024: -$372,2992024

Highlighted filing

2015

Assets$549,703
Liabilities$741,629
Net Assets-$191,926

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $52,529Expenses 2011: $73,440Net Income 2011: -$20,9112011Revenue 2012: $121,474Expenses 2012: $74,183Net Income 2012: $47,2912012Revenue 2013: $55,347Expenses 2013: $77,999Net Income 2013: -$22,6522013Revenue 2014: $87,578Expenses 2014: $86,559Net Income 2014: $1,0192014Revenue 2015: $62,537Expenses 2015: $92,030Net Income 2015: -$29,4932015Revenue 2016: $77,459Expenses 2016: $98,770Net Income 2016: -$21,3112016Revenue 2017: $71,119Expenses 2017: $90,465Net Income 2017: -$19,3462017Revenue 2018: $77,306Expenses 2018: $93,578Net Income 2018: -$16,2722018Revenue 2019: $85,320Expenses 2019: $106,889Net Income 2019: -$21,5692019Revenue 2020: $77,179Expenses 2020: $123,094Net Income 2020: -$45,9152020Revenue 2021: $78,807Expenses 2021: $102,245Net Income 2021: -$23,4382021Revenue 2022: $77,578Expenses 2022: $112,415Net Income 2022: -$34,8372022Revenue 2023: $90,919Expenses 2023: $105,240Net Income 2023: -$14,3212023Revenue 2024: $97,829Expenses 2024: $81,193Net Income 2024: $16,6362024

Highlighted filing

2015

Revenue$62,537
Expenses$92,030
Net Income-$29,493
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 29, 2016
Return Version
2015v2.0
Gross Receipts
$62,537
Mission and Program Overview

Mission

Provide low income housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$540,027$513,844▼ $26,183
Savings and Temporary Cash Investments$31,468$26,176▼ $5,292
Accounts Receivable$929$5,958▲ $5,029
Cash and Non-Interest-Bearing Accounts$5,573$0▼ $5,573
Intangible Assets$2,381$2,291▼ $90
Prepaid Expenses and Deferred Charges-$1,434-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$580,378$549,703▼ $30,675
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$729,600$729,600→ $0
Accounts Payable and Accrued Expenses$10,764$9,145▼ $1,619
Other Liabilities$2,422$2,864▲ $442
Deferred Revenue$25$20▼ $5
Total Liabilities$742,811$741,629▼ $1,182
Net Assets / Fund Balance
Unrestricted Net Assets$-162,433$-191,926▼ $29,493
Total Net Assets Fund Balance$-162,433$-191,926▼ $29,493
Total Liabilities and Net Assets / Fund Balance$580,378$549,703▼ $30,675

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$498,344$293,432$791,776
Land$15,500-$15,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joyce ToonChairman
Bill HigdonVice chairman
Leo ThomasDirector
Lois ElliottDirector
Rachel HigginsDirector
Vivian GoatleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$22,466
Program Service Revenue
$40,071
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-29,493

Audited Revenue Reconciliation

Revenue per Audited Statements
$62,537
Total Revenue per Audited Statements
$62,537
Total Revenue per Form 990
$62,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,888
Salaries, Compensation, and Employee Benefits$6,142
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$35,919--$35,919
Depreciation Depletion$26,273--$26,273
Fees for Services Management-$7,737-$7,737
Insurance$6,319--$6,319
Office Expenses$5,853--$5,853
Other Salaries and Wages$3,902--$3,902
Fees for Services Accounting$3,555--$3,555
Other Employee Benefits$1,730--$1,730
Payroll Taxes$510--$510
Fees for Services Legal$232--$232
Total Functional Expenses$84,293$7,737$0$92,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$92,030
Total Expenses per Audited Statements$92,030
Total Expenses per Form 990$92,030
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$2,864
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Management of the Project is provided by Hayes-Gibson International, Inc.

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax return is reviewed and approved by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Villa South Iii
EIN
61-1360816
Phone
8128765478
Address
PO BOX 588, MAYFIELD, KY 42066

Signing Officer

Name
Joyce Toon
Title
President
Signed
2016-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Toon
Formed
2000
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Xiaolin Shi CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The entity adopted Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded.

Raw XML AppendixShowing 400 of 408 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010764
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09145
IRS990/AccountsReceivableGrp/BOYAmt0929
IRS990/AccountsReceivableGrp/EOYAmt05958
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0HAYES-GIBSON INTERNATIONAL
IRS990/BooksInCareOfDetail/PhoneNum08128765478
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05665 W STATE RD 46
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047404
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05573
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022466
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt085888
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt040071
IRS990/CYRevenuesLessExpensesAmt0-29493
IRS990/CYSalariesCompEmpBnftPaidAmt06142
IRS990/CYTotalExpensesAmt092030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt062537
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025
IRS990/DeferredRevenueGrp/EOYAmt020
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026273
IRS990/DepreciationDepletionGrp/TotalAmt026273
IRS990/Desc0EXPENSES DIRECTLY RELATE TO THE CONTINUOUS MAINTENANCE AND OPERATIONS OF A LOW-INCOME HOUSING PROJECT UNDER A CONTRACT WITH AND UNDER SPECIFIC GUIDELINES ADMINISTERED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt084293
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03555
IRS990/FeesForServicesAccountingGrp/TotalAmt03555
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0232
IRS990/FeesForServicesLegalGrp/TotalAmt0232
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07737
IRS990/FeesForServicesManagementGrp/TotalAmt07737
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0RACHEL HIGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm1LOIS ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm2VIVIAN GOATLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3LEO THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOYCE TOON
IRS990/Form990PartVIISectionAGrp/PersonNm5BILL HIGDON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt022466
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt062537
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt06319
IRS990/InsuranceGrp/TotalAmt06319
IRS990/IntangibleAssetsGrp/BOYAmt02381
IRS990/IntangibleAssetsGrp/EOYAmt02291
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0293432
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0540027
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0513844
IRS990/LandBldgEquipCostOrOtherBssAmt0807276
IRS990/LegalDomicileStateCd0KY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0729600
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0729600
IRS990/NetAssetsOrFundBalancesBOYAmt0-162433
IRS990/NetAssetsOrFundBalancesEOYAmt0-191926
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt035919
IRS990/OccupancyGrp/TotalAmt035919
IRS990/OfficeExpensesGrp/ProgramServicesAmt05853
IRS990/OfficeExpensesGrp/TotalAmt05853
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01730
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01730
IRS990/OtherLiabilitiesGrp/BOYAmt02422
IRS990/OtherLiabilitiesGrp/EOYAmt02864
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03902
IRS990/OtherSalariesAndWagesGrp/TotalAmt03902
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0510
IRS990/PayrollTaxesGrp/TotalAmt0510
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01434
IRS990/PrincipalOfficerNm0JOYCE TOON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt040071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt040071
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015194
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt020
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt085599
IRS990/PYOtherRevenueAmt035358
IRS990/PYProgramServiceRevenueAmt037006
IRS990/PYRevenuesLessExpensesAmt01019
IRS990/PYSalariesCompEmpBnftPaidAmt0960
IRS990/PYTotalExpensesAmt086559
IRS990/PYTotalRevenueAmt087578
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-29493
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt040071
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031468
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022466
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt016998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt089871
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt088
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99900
IRS990ScheduleA/PublicSupportPY170Pct00.99890
IRS990ScheduleA/PublicSupportTotal170Amt089871
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt016998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019398
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt089871
IRS990ScheduleA/TotalSupportAmt089959
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0498344
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0293432
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0791776
IRS990ScheduleD/ExpensesSubtotalAmt092030
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt015500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt062537
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The entity adopted Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0513844
IRS990ScheduleD/TotalExpensesPerForm990Amt092030
IRS990ScheduleD/TotalLiabilityAmt02864
IRS990ScheduleD/TotalRevenuePerForm990Amt062537
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt062537
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt092030
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management of the Project is provided by Hayes-Gibson International, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0580378
IRS990/TotalAssetsEOYAmt0549703
IRS990/TotalAssetsGrp/BOYAmt0580378
IRS990/TotalAssetsGrp/EOYAmt0549703
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022466
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07737
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt084293
IRS990/TotalFunctionalExpensesGrp/TotalAmt092030
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0742811
IRS990/TotalLiabilitiesEOYAmt0741629
IRS990/TotalLiabilitiesGrp/BOYAmt0742811
IRS990/TotalLiabilitiesGrp/EOYAmt0741629
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-162433
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-191926
IRS990/TotalProgramServiceExpensesAmt084293
IRS990/TotalProgramServiceRevenueAmt040071
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040071
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt062537
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0580378
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0549703
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-162433
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-191926
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 588
IRS990/USAddress/CityNm0MAYFIELD
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042066
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOYCE TOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VILLA SOUTH III
ReturnHeader/Filer/BusinessNameControlTxt0VILL
ReturnHeader/Filer/EIN0611360816
ReturnHeader/Filer/PhoneNum08128765478
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 588
ReturnHeader/Filer/USAddress/CityNm0MAYFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042066
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CNA Tax Professionals Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08606 Allisonville Rd Ste 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$7.76$3.72$0.98$0.81$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.89$7.78$3.89$0.91$1.05$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.11$7.85$3.75$0.78$1.12$0.35
2021Detailed filing. Detailed filing data is available for this year.$4.42$7.81$3.40$0.79$1.02$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.62$7.78$3.16$0.77$1.23$0.46
2019Detailed filing. Detailed filing data is available for this year.$4.75$7.45$2.70$0.85$1.07$0.22
2018Detailed filing. Detailed filing data is available for this year.$5.04$7.52$2.49$0.77$0.94$0.16
2017Detailed filing. Detailed filing data is available for this year.$5.11$7.44$2.33$0.71$0.90$0.19
2016Detailed filing. Detailed filing data is available for this year.$5.34$7.48$2.13$0.77$0.99$0.21
2015Detailed filing. Detailed filing data is available for this year.$5.50$7.42$1.92$0.63$0.92$0.29
2014Detailed filing. Detailed filing data is available for this year.$5.80$7.43$1.62$0.88$0.87$0.01
2013Summary only. Only limited summary data is available for this year.$6.04$7.67$1.63$0.55$0.78$0.23
2012Summary only. Only limited summary data is available for this year.$6.29$7.70$1.41$1.21$0.74$0.47
2011Summary only. Only limited summary data is available for this year.$5.74$7.62$1.88$0.53$0.73$0.21