Civic Intelligence

Phyllis Wheatley Homes Inc.

990 • Fiscal year 2014 • EIN 62-0952455

Jan 01, 2014 to Dec 31, 2014 • Filed on May 10, 2016

Organization ProfileN/A
521 Vanderhorst DriveNashville, TN 37207

(615) 259-4332

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

65th percentile

0.12x

Higher debt load relative to revenue than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

24th percentile

-7.2%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$301,718

Down $47,838 (-14%) from 2013

Net Assets

Down

$228,628

Down $16,345 (-6.7%) from 2013

Liabilities

Down

$73,090

Down $31,493 (-30%) from 2013

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin24th percentile

Revenue

Up

$602,292

Up $93,636 (+18%) from 2013

Expenses

Up

$645,570

Up $113,023 (+21%) from 2013

Net Income

Down

-$43,278

Down $19,387 (-81%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$600K$400K$200K$0Assets 2010: $330,420Liabilities 2010: $99,633Net Assets 2010: $230,7872010Assets 2011: $355,994Liabilities 2011: $102,554Net Assets 2011: $253,4402011Assets 2012: $339,657Liabilities 2012: $70,793Net Assets 2012: $268,8642012Assets 2013: $349,556Liabilities 2013: $104,583Net Assets 2013: $244,9732013Assets 2014: $301,718Liabilities 2014: $73,090Net Assets 2014: $228,6282014Assets 2015: $301,882Liabilities 2015: $77,288Net Assets 2015: $224,5942015Assets 2016: $267,656Liabilities 2016: $42,215Net Assets 2016: $225,4412016Assets 2017: $235,118Liabilities 2017: $25,209Net Assets 2017: $209,9092017Assets 2018: $229,553Liabilities 2018: $30,212Net Assets 2018: $199,3412018Assets 2019: $208,048Liabilities 2019: $43,409Net Assets 2019: $164,6392019Assets 2020: $225,618Liabilities 2020: $65,364Net Assets 2020: $160,2542020Assets 2021: $226,198Liabilities 2021: $78,059Net Assets 2021: $148,1392021Assets 2022: $422,612Liabilities 2022: $96,420Net Assets 2022: $326,1922022Assets 2023: $255,874Liabilities 2023: $129,052Net Assets 2023: $126,8222023Assets 2024: $289,699Liabilities 2024: $102,709Net Assets 2024: $186,9902024

Highlighted filing

2014

Assets$301,718
Liabilities$73,090
Net Assets$228,628
Open 2014 Filing

Operations Trend

Revenue Growth71st percentile

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

$1.0M$500K$0-$500KExpenses 2010: $496,1422010Revenue 2011: $527,932Expenses 2011: $505,279Net Income 2011: $22,6532011Expenses 2012: $529,7872012Revenue 2013: $508,656Expenses 2013: $532,547Net Income 2013: -$23,8912013Revenue 2014: $602,292Expenses 2014: $645,570Net Income 2014: -$43,2782014Revenue 2015: $601,380Expenses 2015: $605,414Net Income 2015: -$4,0342015Revenue 2016: $582,349Expenses 2016: $604,084Net Income 2016: -$21,7352016Revenue 2017: $581,624Expenses 2017: $573,357Net Income 2017: $8,2672017Revenue 2018: $598,329Expenses 2018: $609,804Net Income 2018: -$11,4752018Revenue 2019: $612,765Expenses 2019: $647,467Net Income 2019: -$34,7022019Revenue 2020: $615,901Expenses 2020: $620,286Net Income 2020: -$4,3852020Revenue 2021: $611,359Expenses 2021: $623,474Net Income 2021: -$12,1152021Revenue 2022: $819,713Expenses 2022: $641,660Net Income 2022: $178,0532022Revenue 2023: $641,848Expenses 2023: $726,169Net Income 2023: -$84,3212023Revenue 2024: $709,831Expenses 2024: $649,663Net Income 2024: $60,1682024

Highlighted filing

2014

Revenue$602,292
Expenses$645,570
Net Income-$43,278
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 10, 2016
Return Version
2014v6.0
Gross Receipts
$602,292
Mission and Program Overview

Mission

Phyllis Wheatley Homes, Inc. ("Project"), is an 81 unit Apartment complex that provides affordable independent living in an energy efficient, quiet, safe and clean environment.

Phyllis Wheatley Homes, Inc. ("Project"), an apartment project consists of 81 units. The Project offers affordable independent living in an energy efficient, quiet, safe and clean environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$116,085$66,463▼ $49,622
Accounts Receivable$22,166$41,086▲ $18,920
Prepaid Expenses and Deferred Charges$14,431$14,431→ $0
Cash and Non-Interest-Bearing Accounts$66,580$11,641▼ $54,939
Savings and Temporary Cash Investments-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$349,556$301,718▼ $47,838
Other Assets Total$130,294$168,097▲ $37,803
Liabilities
Accounts Payable and Accrued Expenses$79,205$49,447▼ $29,758
Other Liabilities$25,378$23,643▼ $1,735
Total Liabilities$104,583$73,090▼ $31,493
Net Assets / Fund Balance
Unrestricted Net Assets$244,973$228,628▼ $16,345
Total Net Assets Fund Balance$244,973$228,628▼ $16,345
Total Liabilities and Net Assets / Fund Balance$349,556$301,718▼ $47,838

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,463$787,934$806,397
Other Land Buildings-$254,298$254,298
Land$48,000-$48,000
Other Assets Org$26,848--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Theodore LewisPresident
Clara CopelandDirector
Gloria M LewisDirector
JD MartinDirector
Rev Edwin SandersDirector
Susie McclureTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$602,292
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-43,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$518,157
Salaries, Compensation, and Employee Benefits$127,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,491--$107,491
Fees for Services Management$38,200--$38,200
Depreciation Depletion$29,730--$29,730
Insurance$24,978--$24,978
Fees for Services Accounting-$17,710-$17,710
Office Expenses$16,045--$16,045
Payroll Taxes$11,453--$11,453
Other Employee Benefits$8,469--$8,469
Conferences and Meetings-$3,317-$3,317
Other Expenses$695--$695
Occupancy$460--$460
All Other Expenses$135--$135
Total Functional Expenses$624,543$21,027$0$645,570
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 Security Deposits$19,313
Accrued Expenses$4,330
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

“Otey's Real Estate Agency, Inc. manages the Project under contract. Otey's Real Estate , Inc. is compensated for services at the rate of 8% of gross collections, as defined, plus an additional sum for accounting services.”

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

“A copy of the 990 is given to the chairman of the board of trustees for review before it is submitted. A copy of the 990 is kept on file in the management agent office and is available upon request.”

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

“The governing documents and policies pertaining to financial statements are disclosed in the footnotes of the financial statements.”

Filing and Contact Details

Filer

Filer Name
Phyllis Wheatley Homes Inc
EIN
62-0952455
Phone
6152594332
Address
521 Vanderhorst Drive, Nashville, TN 37207

Signing Officer

Name
Theodore Lewis
Title
Chairman
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
1963
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Hoskins & Company PC
Address
1900 Church Street Suite 200, Nashville, TN 37203
Preparer
Harvey E Hoskins CPA
Phone
6153217333
Raw XML AppendixShowing 400 of 423 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/BOYAmt079205
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049447
IRS990/AccountsReceivableGrp/BOYAmt022166
IRS990/AccountsReceivableGrp/EOYAmt041086
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Phyllis Wheatley Homes, Inc. ("Project"), an apartment project consists of 81 units. The Project offers affordable independent living in an energy efficient, quiet, safe and clean environment.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0135
IRS990/AllOtherExpensesGrp/TotalAmt0135
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Otey's Real Estate Agency Inc
IRS990/BooksInCareOfDetail/PhoneNum06153210123
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02701 Jefferson St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Nashville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037208
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt066580
IRS990/CashNonInterestBearingGrp/EOYAmt011641
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03317
IRS990/ConferencesMeetingsGrp/TotalAmt03317
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0518157
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0602292
IRS990/CYRevenuesLessExpensesAmt0-43278
IRS990/CYSalariesCompEmpBnftPaidAmt0127413
IRS990/CYTotalExpensesAmt0645570
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0602292
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt029730
IRS990/DepreciationDepletionGrp/TotalAmt029730
IRS990/Desc0The organization operates a housing apartment complex for low-income tenants and all activities are regulated by the US Department of Housing and Urban Development.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0624543
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017710
IRS990/FeesForServicesAccountingGrp/TotalAmt017710
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt038200
IRS990/FeesForServicesManagementGrp/TotalAmt038200
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/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/PersonNm0Theodore Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm1Susie Mcclure
IRS990/Form990PartVIISectionAGrp/PersonNm2JD Martin
IRS990/Form990PartVIISectionAGrp/PersonNm3Gloria M Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm4Clara Copeland
IRS990/Form990PartVIISectionAGrp/PersonNm5Rev Edwin Sanders
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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0602292
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt024978
IRS990/InsuranceGrp/TotalAmt024978
IRS990/IntangibleAssetsGrp/EOYAmt00
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/LandBldgEquipAccumDeprecAmt01042232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0116085
IRS990/LandBldgEquipBasisNetGrp/EOYAmt066463
IRS990/LandBldgEquipCostOrOtherBssAmt01108695
IRS990/LegalDomicileStateCd0TN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Phyllis Wheatley Homes, Inc. ("Project"), an apartment project consists of 81 units. The Project offers affordable independent living in an energy efficient, quiet, safe and clean environment.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0244973
IRS990/NetAssetsOrFundBalancesEOYAmt0228628
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0460
IRS990/OccupancyGrp/TotalAmt0460
IRS990/OfficeExpensesGrp/ProgramServicesAmt016045
IRS990/OfficeExpensesGrp/TotalAmt016045
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0130294
IRS990/OtherAssetsTotalGrp/EOYAmt0168097
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08469
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08469
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1Operating and Maintenance
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3OTHER TAXES AND INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0176541
IRS990/OtherExpensesGrp/ProgramServicesAmt1171237
IRS990/OtherExpensesGrp/ProgramServicesAmt239109
IRS990/OtherExpensesGrp/ProgramServicesAmt3695
IRS990/OtherExpensesGrp/TotalAmt0176541
IRS990/OtherExpensesGrp/TotalAmt1171237
IRS990/OtherExpensesGrp/TotalAmt239109
IRS990/OtherExpensesGrp/TotalAmt3695
IRS990/OtherLiabilitiesGrp/BOYAmt025378
IRS990/OtherLiabilitiesGrp/EOYAmt023643
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0107491
IRS990/OtherSalariesAndWagesGrp/TotalAmt0107491
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011453
IRS990/PayrollTaxesGrp/TotalAmt011453
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014431
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014431
IRS990/PriorPeriodAdjustmentsAmt026933
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0Laundry
IRS990/ProgramServiceRevenueGrp/Desc1Program Service Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Social Coordinator Grant
IRS990/ProgramServiceRevenueGrp/Desc3Tenant Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01146
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1501877
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt299269
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1501877
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt299269
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt047
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0379248
IRS990/PYProgramServiceRevenueAmt0508609
IRS990/PYRevenuesLessExpensesAmt0-23891
IRS990/PYSalariesCompEmpBnftPaidAmt0153299
IRS990/PYTotalExpensesAmt0532547
IRS990/PYTotalRevenueAmt0508656
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-43278
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0508656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0528254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0527857
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0505094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02069861
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt060
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt042028
IRS990ScheduleA/OtherIncome509Grp/TotalAmt042028
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt02069861
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0508656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0528254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0527857
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0505094
IRS990ScheduleA/Total509Grp/TotalAmt02069861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0508656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0528254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0527857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0547182
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02111949
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt018463
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0787934
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0806397
IRS990ScheduleD/LandGrp/BookValueAmt048000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0109
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19294
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2109890
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt321956
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt426848
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Mortgage Escrow Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement Reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Tenant Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0254298
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0254298
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt066463
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0168097
IRS990ScheduleD/TotalLiabilityAmt023643
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Otey's Real Estate Agency, Inc. manages the Project under contract. Otey's Real Estate , Inc. is compensated for services at the rate of 8% of gross collections, as defined, plus an additional sum for accounting services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the 990 is given to the chairman of the board of trustees for review before it is submitted. A copy of the 990 is kept on file in the management agent office and is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents and policies pertaining to financial statements are disclosed in the footnotes of the financial statements.
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/TotalAssetsBOYAmt0349556
IRS990/TotalAssetsEOYAmt0301718
IRS990/TotalAssetsGrp/BOYAmt0349556
IRS990/TotalAssetsGrp/EOYAmt0301718
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0624543
IRS990/TotalFunctionalExpensesGrp/TotalAmt0645570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0104583
IRS990/TotalLiabilitiesEOYAmt073090
IRS990/TotalLiabilitiesGrp/BOYAmt0104583
IRS990/TotalLiabilitiesGrp/EOYAmt073090
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0244973
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0228628
IRS990/TotalProgramServiceExpensesAmt0624543
IRS990/TotalProgramServiceRevenueAmt0602292
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0602292
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0602292
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0349556
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0301718
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0244973
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0228628
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$301,718
Liabilities
$73,090
Net assets
$228,628
Revenue
$602,292
Expenses
$645,570
Net income
-$43,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.90$1.03$1.87$7.10$6.50$0.60
2023Detailed filing. Detailed filing data is available for this year.$2.56$1.29$1.27$6.42$7.26$0.84
2022Detailed filing. Detailed filing data is available for this year.$4.23$0.96$3.26$8.20$6.42$1.78
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.78$1.48$6.11$6.23$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.26$0.65$1.60$6.16$6.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.43$1.65$6.13$6.47$0.35
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.30$1.99$5.98$6.10$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.35$0.25$2.10$5.82$5.73$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.42$2.25$5.82$6.04$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.02$0.77$2.25$6.01$6.05$0.04
2014Detailed filing. Detailed filing data is available for this year.$3.02$0.73$2.29$6.02$6.46$0.43
2013Detailed filing. Detailed filing data is available for this year.$3.50$1.05$2.45$5.09$5.33$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.71$2.69$5.30
2011Summary only. Only limited summary data is available for this year.$3.56$1.03$2.53$5.28$5.05$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$1.00$2.31$4.96