Civic Intelligence

Volunteer Homes for Elderly

990 • Fiscal year 2014 • EIN 62-1260299

Oct 01, 2013 to Sep 30, 2014 • Filed on Jan 13, 2015

Organization ProfileN/A
PO Box 121837816-1218

(423) 587-4500

Siviq Scores

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

Liabilities / Assets

95th percentile

1.30x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

7.01x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

33rd percentile

-2.3%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

28th percentile

-2.9%

Faster asset growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$3,688,933

Down $109,858 (-2.9%) from 2013

Net Assets

Down

-$1,123,163

Down $15,917 (-1.4%) from 2013

Liabilities

Down

$4,812,096

Down $93,941 (-1.9%) from 2013

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin33rd percentile

Revenue

$686,895

No earlier filing loaded for comparison.

Expenses

Up

$702,812

Up $225,335 (+47%) from 2013

Net Income

-$15,917

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $621,951Liabilities 2010: $1,066,938Net Assets 2010: -$444,9872010Assets 2011: $590,971Liabilities 2011: $1,040,751Net Assets 2011: -$449,7802011Assets 2012: $558,851Liabilities 2012: $1,017,099Net Assets 2012: -$458,2482012Assets 2013: $3,798,791Liabilities 2013: $4,906,037Net Assets 2013: -$1,107,2462013Assets 2014: $3,688,933Liabilities 2014: $4,812,096Net Assets 2014: -$1,123,1632014Assets 2015: $3,564,387Liabilities 2015: $4,741,076Net Assets 2015: -$1,176,6892015Assets 2016: $3,434,704Liabilities 2016: $4,636,905Net Assets 2016: -$1,202,2012016Assets 2017: $3,387,687Liabilities 2017: $4,604,599Net Assets 2017: -$1,216,9122017Assets 2018: $3,025,979Liabilities 2018: $4,274,216Net Assets 2018: -$1,248,2372018Assets 2019: $2,911,822Liabilities 2019: $4,183,321Net Assets 2019: -$1,271,4992019Assets 2020: $2,820,467Liabilities 2020: $4,109,576Net Assets 2020: -$1,289,1092020Assets 2021: $2,797,649Liabilities 2021: $4,011,029Net Assets 2021: -$1,213,3802021Assets 2022: $2,733,346Liabilities 2022: $3,912,875Net Assets 2022: -$1,179,5292022Assets 2023: $2,672,498Liabilities 2023: $3,821,961Net Assets 2023: -$1,149,4632023Assets 2024: $2,575,399Liabilities 2024: $3,718,142Net Assets 2024: -$1,142,7432024Assets 2025: $2,494,565Liabilities 2025: $3,597,114Net Assets 2025: -$1,102,5492025

Highlighted filing

2014

Assets$3,688,933
Liabilities$4,812,096
Net Assets-$1,123,163
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2010: $236,219Expenses 2010: $241,207Net Income 2010: -$4,9882010Expenses 2011: $251,9062011Expenses 2012: $260,0652012Expenses 2013: $477,4772013Revenue 2014: $686,895Expenses 2014: $702,812Net Income 2014: -$15,9172014Revenue 2015: $721,057Expenses 2015: $774,582Net Income 2015: -$53,5252015Revenue 2016: $709,991Expenses 2016: $735,503Net Income 2016: -$25,5122016Revenue 2017: $722,994Expenses 2017: $737,705Net Income 2017: -$14,7112017Revenue 2018: $731,333Expenses 2018: $762,658Net Income 2018: -$31,3252018Revenue 2019: $752,200Expenses 2019: $775,462Net Income 2019: -$23,2622019Revenue 2020: $804,796Expenses 2020: $822,406Net Income 2020: -$17,6102020Revenue 2021: $827,982Expenses 2021: $752,252Net Income 2021: $75,7302021Revenue 2022: $835,920Expenses 2022: $802,067Net Income 2022: $33,8532022Revenue 2023: $871,947Expenses 2023: $841,880Net Income 2023: $30,0672023Revenue 2024: $897,208Expenses 2024: $890,487Net Income 2024: $6,7212024Revenue 2025: $946,540Expenses 2025: $906,346Net Income 2025: $40,1942025

Highlighted filing

2014

Revenue$686,895
Expenses$702,812
Net Income-$15,917
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jan 13, 2015
Return Version
2013v4.0
Gross Receipts
$686,895
Mission and Program Overview

Mission

To provide housing for low-income elderly or handicapped tenants under section 202 of the national housing act.

Housing for low-income elderly & handicapped tenants

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,349,121$3,125,537▲ $1,776,416
Prepaid Expenses and Deferred Charges$42,156$24,143▼ $18,013
Cash and Non-Interest-Bearing Accounts$38,074$18,547▼ $19,527
Accounts Receivable$3,125$7,614▲ $4,489
Total Assets$3,798,791$3,688,933▼ $109,858
Other Assets Total$2,366,315$513,092▼ $1,853,223
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,819,381$4,736,376▼ $83,005
Accounts Payable and Accrued Expenses$68,102$54,606▼ $13,496
Other Liabilities$18,554$21,114▲ $2,560
Total Liabilities$4,906,037$4,812,096▼ $93,941
Net Assets / Fund Balance
Unrestricted Net Assets$-1,107,246$-1,123,163▼ $15,917
Total Net Assets Fund Balance$-1,107,246$-1,123,163▼ $15,917
Total Liabilities and Net Assets / Fund Balance$3,798,791$3,688,933▼ $109,858

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,584,323$2,240,750$4,825,073
Other Land Buildings$354,517$101,009$455,526
Land$186,697-$186,697
Equipment$0$16,119$16,119
Other Assets Org$3,220--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Susan LukerPresident
Kathy BoatmanExecutive Vice President
Jack YatesVice-president
Barbara RaperDirector
Chris HorneDirector
Geneva MyersDirector
Joe BenthalDirector
Kim LovedayDirector
Lane WolfenbargerDirector
Michael CollinsDirector
Nancy BishopDirector
Stanley WilderSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$417,739
Program Service Revenue
$269,014
Investment Income
$142
Other Revenue
$0
Change in Net Assets
$-15,917

Audited Revenue Reconciliation

Revenue per Audited Statements
$686,895
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$686,895
Total Revenue per Form 990
$686,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$702,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$149,350--$149,350
Interest$137,230--$137,230
Fees for Services Management$59,765$46,053-$105,818
Insurance$28,904--$28,904
Fees for Services Accounting-$11,187-$11,187
Office Expenses-$10,502-$10,502
Fees for Services Other-$2,324-$2,324
Advertising$2,134--$2,134
Other Expenses$1,239--$1,239
Total Functional Expenses$632,746$70,066$0$702,812

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$702,812
Total Expenses per Audited Statements$702,812
Total Expenses per Form 990$702,812
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$21,114
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Day to day operations are performed by a non-profit management agent approved by hud.”

Form 990, Part VI, Section A, Line 6

“One class of members comprised of individuals with an interest in housing for elderly and low-income persons.”

Form 990, Part VI, Section A, Line 7A

“All members have voting right to elect the governing body (board of directors).”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the executive director of the management company.”

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

“Annual training sessions with on-site managers.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

EIN
62-1260299
Phone
4235874500

Signing Officer

Name
Susan Luker
Title
President
Phone
4235874500
Signed
2015-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Luker
Formed
1986
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Preparer
Doyle Carter CPA
Phone
4235864850
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project follows the guidance of asc topic 740, income taxes "accounting for uncertainty in income taxes - an interpretation of fasb statement 109" which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. Management evaluated the project's tax positions and concluded that the project had maintained its exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. With few exceptions, the project is no longer subject to income tax examinations by the u.s. Federal, state, or local authorities for years beyond 3 years.”

Raw XML AppendixShowing 400 of 1,008 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt068102
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054606
IRS990/AccountsReceivableGrp/BOYAmt03125
IRS990/AccountsReceivableGrp/EOYAmt07614
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HOUSING FOR LOW-INCOME ELDERLY & HANDICAPPED TENANTS
IRS990/AdvertisingGrp/ProgramServicesAmt02134
IRS990/AdvertisingGrp/TotalAmt02134
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10DOUGLAS-CHEROKEE ECONOMIC AUTHORITY INC
IRS990/BooksInCareOfDetail/PhoneNum04235861494
IRS990/BooksInCareOfDetail/USAddress/AddressLine10407 E MAIN ST
IRS990/BooksInCareOfDetail/USAddress/City0MORRISTOWN
IRS990/BooksInCareOfDetail/USAddress/State0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode037814
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt038074
IRS990/CashNonInterestBearingGrp/EOYAmt018547
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0417739
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0142
IRS990/CYOtherExpensesAmt0702812
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0269014
IRS990/CYRevenuesLessExpensesAmt0-15917
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0702812
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0686895
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0149350
IRS990/DepreciationDepletionGrp/TotalAmt0149350
IRS990/Desc0PROVIDED HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT; REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. 105 RENTAL UNITS IN COMPLEX
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0632746
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011187
IRS990/FeesForServicesAccountingGrp/TotalAmt011187
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt046053
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt059765
IRS990/FeesForServicesManagementGrp/TotalAmt0105818
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02324
IRS990/FeesForServicesOtherGrp/TotalAmt02324
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0GENEVA MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE BENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA RAPER
IRS990/Form990PartVIISectionAGrp/PersonNm3LANE WOLFENBARGER
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS HORNE
IRS990/Form990PartVIISectionAGrp/PersonNm5JACK YATES
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSAN LUKER
IRS990/Form990PartVIISectionAGrp/PersonNm7NANCY BISHOP
IRS990/Form990PartVIISectionAGrp/PersonNm8STANLEY WILDER
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm10KIM LOVEDAY
IRS990/Form990PartVIISectionAGrp/PersonNm11KATHY BOATMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0417739
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0686895
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028904
IRS990/InsuranceGrp/TotalAmt028904
IRS990/InterestGrp/ProgramServicesAmt0137230
IRS990/InterestGrp/TotalAmt0137230
IRS990/InvestmentIncomeGrp/ExclusionAmt0142
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0142
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02357878
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01349121
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03125537
IRS990/LandBldgEquipCostOrOtherBssAmt05483415
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR LOW-INCOME ELDERLY OR HANDICAPPED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04819381
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04736376
IRS990/NetAssetsOrFundBalancesBOYAmt0-1107246
IRS990/NetAssetsOrFundBalancesEOYAmt0-1123163
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010502
IRS990/OfficeExpensesGrp/TotalAmt010502
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02366315
IRS990/OtherAssetsTotalGrp/EOYAmt0513092
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MORTGAGE INSURANCE PREM
IRS990/OtherExpensesGrp/Desc3PROPERTY TAX
IRS990/OtherExpensesGrp/ProgramServicesAmt0156321
IRS990/OtherExpensesGrp/ProgramServicesAmt160580
IRS990/OtherExpensesGrp/ProgramServicesAmt237223
IRS990/OtherExpensesGrp/ProgramServicesAmt31239
IRS990/OtherExpensesGrp/TotalAmt0156321
IRS990/OtherExpensesGrp/TotalAmt160580
IRS990/OtherExpensesGrp/TotalAmt237223
IRS990/OtherExpensesGrp/TotalAmt31239
IRS990/OtherLiabilitiesGrp/BOYAmt018554
IRS990/OtherLiabilitiesGrp/EOYAmt021114
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042156
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024143
IRS990/PrincipalOfficerNm0SUSAN LUKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY & VENDING INCO
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0265937
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12946
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2131
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0265937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12946
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2131
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0290718
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt0477477
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0174690
IRS990/PYRevenuesLessExpensesAmt0-12042
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0477477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0465435
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-15917
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0269014
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0417739
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0290718
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0158999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0152632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0140160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01160248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0142
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0269014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0174690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt094470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt096049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0726811
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0199
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01887059
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0686753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0465408
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0251587
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0247102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0236209
IRS990ScheduleA/Total509Grp/TotalAmt01887059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0686895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0465435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0251596
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0247113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0236219
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01887258
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02584323
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02240750
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04825073
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016119
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016119
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0702812
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0186697
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0186697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt021114
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt143526
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2249737
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3487
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4195008
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt53220
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0354517
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0101009
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0455526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0686895
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT FOLLOWS THE GUIDANCE OF ASC TOPIC 740, INCOME TAXES "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT 109" WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE PROJECT'S TAX POSITIONS AND CONCLUDED THAT THE PROJECT HAD MAINTAINED ITS EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE PROJECT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL AUTHORITIES FOR YEARS BEYOND 3 YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03125537
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0513092
IRS990ScheduleD/TotalExpensesPerForm990Amt0702812
IRS990ScheduleD/TotalLiabilityAmt021114
IRS990ScheduleD/TotalRevenuePerForm990Amt0686895
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0686895
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0702812
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAY TO DAY OPERATIONS ARE PERFORMED BY A NON-PROFIT MANAGEMENT AGENT APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE CLASS OF MEMBERS COMPRISED OF INDIVIDUALS WITH AN INTEREST IN HOUSING FOR ELDERLY AND LOW-INCOME PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS HAVE VOTING RIGHT TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL TRAINING SESSIONS WITH ON-SITE MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A

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
$3,688,933
Liabilities
$4,812,096
Net assets
-$1,123,163
Revenue
$686,895
Expenses
$702,812
Net income
-$15,917
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.49$3.60$1.10$0.95$0.91$0.04
2024Detailed filing. Detailed filing data is available for this year.$2.58$3.72$1.14$0.90$0.89$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.67$3.82$1.15$0.87$0.84$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.73$3.91$1.18$0.84$0.80$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$4.01$1.21$0.83$0.75$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.82$4.11$1.29$0.80$0.82$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.91$4.18$1.27$0.75$0.78$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.03$4.27$1.25$0.73$0.76$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.39$4.60$1.22$0.72$0.74$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.43$4.64$1.20$0.71$0.74$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.56$4.74$1.18$0.72$0.77$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.69$4.81$1.12$0.69$0.70$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$4.91$1.11$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$1.02$0.46$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$1.04$0.45$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$1.07$0.44$0.24$0.24$0.00