Civic Intelligence

Memphis Jewish Housing Development- Plough Towers

990 • Fiscal year 2018 • EIN 62-1027049

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 18, 2018

Organization ProfileMEMJFED.ORG/COMMUNITY/PLOUGH-TOWERS

View Organization Page

6580 Poplar AvenueMemphis, TN 38138

(901) 767-1910

Siviq Scores

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

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.36x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

43rd percentile

-0.7%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

54th percentile

5.3%

Faster revenue growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$4,125,668

Down $29,043 (-0.7%) from 2017

Net Assets

Up

$389,445

Up $57,556 (+17%) from 2017

Liabilities

Down

$3,736,223

Down $86,599 (-2.3%) from 2017

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin52nd percentile

Revenue

Up

$1,582,316

Up $79,826 (+5.3%) from 2017

Expenses

Up

$1,524,760

Up $112,188 (+7.9%) from 2017

Net Income

Down

$57,556

Down $32,362 (-36%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $4,165,506Liabilities 2011: $4,299,023Net Assets 2011: -$133,5172011Assets 2012: $4,194,777Liabilities 2012: $4,272,666Net Assets 2012: -$77,8892012Assets 2013: $4,188,194Liabilities 2013: $4,190,031Net Assets 2013: -$1,8372013Assets 2014: $4,133,046Liabilities 2014: $4,104,719Net Assets 2014: $28,3272014Assets 2015: $4,165,706Liabilities 2015: $4,025,834Net Assets 2015: $139,8722015Assets 2016: $4,167,415Liabilities 2016: $3,925,444Net Assets 2016: $241,9712016Assets 2017: $4,154,711Liabilities 2017: $3,822,822Net Assets 2017: $331,8892017Assets 2018: $4,125,668Liabilities 2018: $3,736,223Net Assets 2018: $389,4452018Assets 2019: $4,069,213Liabilities 2019: $3,637,122Net Assets 2019: $432,0912019Assets 2020: $4,061,831Liabilities 2020: $3,539,885Net Assets 2020: $521,9462020Assets 2021: $4,316,587Liabilities 2021: $3,422,911Net Assets 2021: $893,6762021Assets 2022: $4,575,131Liabilities 2022: $3,314,701Net Assets 2022: $1,260,4302022Assets 2023: $4,563,565Liabilities 2023: $3,163,552Net Assets 2023: $1,400,0132023Assets 2024: $4,547,905Liabilities 2024: $3,022,932Net Assets 2024: $1,524,9732024Assets 2025: $4,504,563Liabilities 2025: $2,872,222Net Assets 2025: $1,632,3412025

Highlighted filing

2018

Assets$4,125,668
Liabilities$3,736,223
Net Assets$389,445
Open 2018 Filing

Operations Trend

Revenue Growth54th percentile

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

$2.0M$1.5M$1.0M$500K$0Expenses 2011: $1,288,5802011Expenses 2012: $1,342,4462012Expenses 2013: $1,345,0532013Revenue 2014: $1,474,454Expenses 2014: $1,449,315Net Income 2014: $25,1392014Revenue 2015: $1,481,441Expenses 2015: $1,369,896Net Income 2015: $111,5452015Revenue 2016: $1,481,212Expenses 2016: $1,379,113Net Income 2016: $102,0992016Revenue 2017: $1,502,490Expenses 2017: $1,412,572Net Income 2017: $89,9182017Revenue 2018: $1,582,316Expenses 2018: $1,524,760Net Income 2018: $57,5562018Revenue 2019: $1,586,681Expenses 2019: $1,544,034Net Income 2019: $42,6472019Revenue 2020: $1,658,617Expenses 2020: $1,568,759Net Income 2020: $89,8582020Revenue 2021: $1,926,460Expenses 2021: $1,554,730Net Income 2021: $371,7302021Revenue 2022: $1,932,123Expenses 2022: $1,565,367Net Income 2022: $366,7562022Revenue 2023: $1,722,884Expenses 2023: $1,583,301Net Income 2023: $139,5832023Revenue 2024: $1,810,959Expenses 2024: $1,685,999Net Income 2024: $124,9602024Revenue 2025: $1,857,039Expenses 2025: $1,749,671Net Income 2025: $107,3682025

Highlighted filing

2018

Revenue$1,582,316
Expenses$1,524,760
Net Income$57,556
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 18, 2018
Return Version
2017v2.3
Gross Receipts
$1,582,316
Mission and Program Overview

Mission

Plough towers is a 150-unit, government rent-assisted, high-rise apartment community which seeks to provide safe, affordable housing for the elderly and mobility impaired in an environment that enhances self worth, dignity and encourages full use of their skills, intelligence and experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,814,758$2,980,304▲ $165,546
Land, Buildings, and Equipment, Net$1,190,504$996,809▼ $193,695
Intangible Assets$105,920$101,314▼ $4,606
Prepaid Expenses and Deferred Charges$37,610$37,610→ $0
Cash and Non-Interest-Bearing Accounts$5,919$9,631▲ $3,712
Total Assets$4,154,711$4,125,668▼ $29,043
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,761,189$3,667,298▼ $93,891
Other Liabilities$46,322$47,499▲ $1,177
Accounts Payable and Accrued Expenses$15,311$20,230▲ $4,919
Deferred Revenue-$1,196-
Total Liabilities$3,822,822$3,736,223▼ $86,599
Net Assets / Fund Balance
Unrestricted Net Assets$331,889$389,445▲ $57,556
Total Net Assets Fund Balance$331,889$389,445▲ $57,556
Total Liabilities and Net Assets / Fund Balance$4,154,711$4,125,668▼ $29,043

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$612,045$4,932,252$5,544,297
Other Land Buildings$86,029$476,393$562,422
Equipment$113,735$309,280$423,015
Land$185,000-$185,000
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
David KruegerPresident
Amy PallerDirector
Anna LevinaDirector
Barbara OstrowDirector
Barry SteinbergDirector
Harleen TagueDirector
Irina OllarDirector
Jody BeckerDirector
Judy RoyalDirector
Judy StephensonDirector
Julie BoshwitDirector
Kate BasarDirector
Ken LeviDirector
Keri UnowskyDirector
Marsha UnderbergDirector
Rick BaerDirector
Steve BaerDirector
Susan StrumingerDirector
Vicki LazarusDirector
Leigh HendryExecutive Di
Diane MendelsonImmediate Pa
Laurie ScheidtSecretary
Scott VogelTreasurer
Jason SalomonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$969,559
Program Service Revenue
$523,393
Investment Income
$6,674
Other Revenue
$82,690
Change in Net Assets
$57,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,582,316
Total Revenue per Audited Statements
$1,582,316
Total Revenue per Form 990
$1,582,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$934,185
Salaries, Compensation, and Employee Benefits$590,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$597,547--$597,547
Other Salaries and Wages$351,357--$351,357
Depreciation Depletion$201,010--$201,010
Current Officers, Directors, Trustees, and Key Employees$120,223--$120,223
Other Employee Benefits$88,306--$88,306
Insurance$74,196--$74,196
Payroll Taxes$30,689--$30,689
Office Expenses$26,655$1,402-$28,057
Fees for Services Accounting-$17,000-$17,000
Conferences and Meetings$11,415--$11,415
Advertising$4,960--$4,960
Total Functional Expenses$1,506,358$18,402$0$1,524,760

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,524,760
Total Expenses per Audited Statements$1,524,760
Total Expenses per Form 990$1,524,760
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$47,499
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the executive director and signed by the designated official.”

Form 990, Page 6, Part VI, Line 15A

“Board of directors review all salaries and compensation.”

Form 990, Page 6, Part VI, Line 15B

“Board of directors review all salaries and compensation.”

Form 990, Page 6, Part VI, Line 19

“Documents are available for inspection upon written request.”

Filing and Contact Details

Filer

Filer Name
Memphis Jewish Housing Development-
EIN
62-1027049
Phone
9017671910
Address
6580 POPLAR AVENUE, MEMPHIS, TN 38138
Doing Business As
Plough Towers

Signing Officer

Name
Leigh Hendry
Title
Executive Director
Phone
9017671910
Signed
2018-12-18

Organization Details

Principal Officer
David Krueger
Formed
1980
Legal Domicile
Tn
Voting Board Members
23
Independent Board Members
23
Employees
11

Preparer

Firm
Scott & Pohlman Pc
Address
5100 POPLAR AVENUE SUITE 617, MEMPHIS, TN 38137-0601
Preparer
Sandy J Friedman
Phone
9017614692
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Plough towers is a 150-unit, government rent-assisted, high-rise apartment community which seeks to provide safe, affordable housing for the elderly and mobility impaired in an environment that enhances self worth, dignity and encourages full use of their skills, intelligence and experiences.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DI
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IRS990/FormationYr01980
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt0969559
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01582316
IRS990/GrossRentsGrp/RealAmt076176
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt023
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt074196
IRS990/InsuranceGrp/TotalAmt074196
IRS990/IntangibleAssetsGrp/BOYAmt0105920
IRS990/IntangibleAssetsGrp/EOYAmt0101314
IRS990/InvestmentIncomeGrp/ExclusionAmt06674
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06674
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05717925
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IRS990/LandBldgEquipCostOrOtherBssAmt06714734
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PLOUGH TOWERS IS A 150-UNIT, GOVERNMENT RENT-ASSISTED, HIGH-RISE APARTMENT COMMUNITY WHICH SEEKS TO PROVIDE SAFE, AFFORDABLE HOUSING FOR THE ELDERLY AND MOBILITY IMPAIRED IN AN ENVIRONMENT THAT ENHANCES SELF WORTH, DIGNITY AND ENCOURAGES FULL USE OF THEIR SKILLS, INTELLIGENCE AND EXPERIENCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03761189
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03667298
IRS990/NetAssetsOrFundBalancesBOYAmt0331889
IRS990/NetAssetsOrFundBalancesEOYAmt0389445
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt076176
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt076176
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0597547
IRS990/OccupancyGrp/TotalAmt0597547
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01402
IRS990/OfficeExpensesGrp/ProgramServicesAmt026655
IRS990/OfficeExpensesGrp/TotalAmt028057
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088306
IRS990/OtherEmployeeBenefitsGrp/TotalAmt088306
IRS990/OtherLiabilitiesGrp/BOYAmt046322
IRS990/OtherLiabilitiesGrp/EOYAmt047499
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06514
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06514
IRS990/OtherRevenueTotalAmt06514
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0351357
IRS990/OtherSalariesAndWagesGrp/TotalAmt0351357
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt030689
IRS990/PayrollTaxesGrp/TotalAmt030689
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037610
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037610
IRS990/PrincipalOfficerNm0DAVID KRUEGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME- APTS
IRS990/ProgramServiceRevenueGrp/Desc1VACANIES-APTS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-11103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0534496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-11103
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0912185
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011308
IRS990/PYOtherExpensesAmt0869524
IRS990/PYOtherRevenueAmt056428
IRS990/PYProgramServiceRevenueAmt0522569
IRS990/PYRevenuesLessExpensesAmt089918
IRS990/PYSalariesCompEmpBnftPaidAmt0543048
IRS990/PYTotalExpensesAmt01412572
IRS990/PYTotalRevenueAmt01502490
IRS990/ReconcilationRevenueExpnssAmt057556
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt076176
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02814758
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02980304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0969559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0912185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0920531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0902151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0848261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04552687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt081950
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt088302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0102109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0116228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0113281
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0501870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0534496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0528765
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0515532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0512080
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0558514
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02649387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt081950
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt088302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0102109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0116228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0113281
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0501870
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93490
IRS990ScheduleA/PublicSupportPY509Pct00.93020
IRS990ScheduleA/PublicSupportTotal509Amt07202074
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01504055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01440950
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01436063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01414231
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01406775
IRS990ScheduleA/Total509Grp/TotalAmt07202074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01586005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01529252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01538172
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01530459
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01520056
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07703944
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0612045
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04932252
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05544297
IRS990ScheduleD/EquipmentGrp/BookValueAmt0113735
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0309280
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0423015
IRS990ScheduleD/ExpensesSubtotalAmt01524760
IRS990ScheduleD/LandGrp/BookValueAmt0185000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0185000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt086029
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0476393
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0562422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01582316
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0996809
IRS990ScheduleD/TotalExpensesPerForm990Amt01524760
IRS990ScheduleD/TotalLiabilityAmt047499
IRS990ScheduleD/TotalRevenuePerForm990Amt01582316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01582316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01524760
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLOUGH TOWERS IS A 150-UNIT, GOVERNMENT RENT-ASSISTED, HIGH-RISE APARTMENT COMMUNITY WHICH SEEKS TO PROVIDE SAFE, AFFORDABLE HOUSING FOR THE ELDERLY AND MOBILITY IMPAIRED IN AN ENVIRONMENT THAT ENHANCES SELF WORTH, DIGNITY AND ENCOURAGES FULL USE OF THEIR SKILLS, INTELLIGENCE AND EXPERIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND SIGNED BY THE DESIGNATED OFFICIAL.

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,125,668
Liabilities
$3,736,223
Net assets
$389,445
Revenue
$1,582,316
Expenses
$1,524,760
Net income
$57,556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.50$2.87$1.63$1.86$1.75$0.11
2024Detailed filing. Detailed filing data is available for this year.$4.55$3.02$1.52$1.81$1.69$0.12
2023Detailed filing. Detailed filing data is available for this year.$4.56$3.16$1.40$1.72$1.58$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.58$3.31$1.26$1.93$1.57$0.37
2021Detailed filing. Detailed filing data is available for this year.$4.32$3.42$0.89$1.93$1.55$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.06$3.54$0.52$1.66$1.57$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.07$3.64$0.43$1.59$1.54$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.13$3.74$0.39$1.58$1.52$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.15$3.82$0.33$1.50$1.41$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.17$3.93$0.24$1.48$1.38$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.17$4.03$0.14$1.48$1.37$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.13$4.10$0.03$1.47$1.45$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$4.19$0.00$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$4.27$0.08$1.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$4.30$0.13$1.29
Peer Organizations

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