Civic Intelligence

Bessemer Non-Profit Development

EIN 63-0866917 • 501(c)3 • Bessemer, AL

Profile

The Bessemer Non-Profit Development Corporation is a not-for-profit in Alabama that provides low-income rental housing for tenants.

PO Box 1390Bessemer, AL 35020

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.90x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

1.45x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

2.0%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

-3.9%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

36%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$2,457,816

Down $100,478 (-3.9%) from 2023

Liabilities

Down

$2,215,096

Down $131,377 (-5.6%) from 2023

Net Assets

Up

$242,720

Up $30,899 (+15%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin44th percentile

Revenue

Up

$1,523,698

Up $401,750 (+36%) from 2023

Expenses

Up

$1,492,799

Up $230,515 (+18%) from 2023

Net Income

Up

$30,899

Up $171,235 (+122%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,114,071Liabilities 2010: $1,506,709Net Assets 2010: $1,607,3622010Assets 2011: $3,105,754Liabilities 2011: $1,504,863Net Assets 2011: $1,600,8912011Assets 2012: $2,527,531Liabilities 2012: $958,458Net Assets 2012: $1,569,0732012Assets 2013: $2,056,734Liabilities 2013: $822,258Net Assets 2013: $1,234,4762013Assets 2014: $2,098,996Liabilities 2014: $822,172Net Assets 2014: $1,276,8242014Assets 2015: $2,280,384Liabilities 2015: $964,912Net Assets 2015: $1,315,4722015Assets 2016: $2,223,132Liabilities 2016: $904,682Net Assets 2016: $1,318,4502016Assets 2017: $3,344,535Liabilities 2017: $1,988,822Net Assets 2017: $1,355,7132017Assets 2018: $2,888,460Liabilities 2018: $1,700,307Net Assets 2018: $1,188,1532018Assets 2019: $2,457,621Liabilities 2019: $1,696,856Net Assets 2019: $760,7652019Assets 2020: $2,445,068Liabilities 2020: $1,782,530Net Assets 2020: $662,5382020Assets 2021: $2,871,332Liabilities 2021: $2,381,793Net Assets 2021: $489,5392021Assets 2022: $2,510,065Liabilities 2022: $2,157,908Net Assets 2022: $352,1572022Assets 2023: $2,558,294Liabilities 2023: $2,346,473Net Assets 2023: $211,8212023Assets 2024: $2,457,816Liabilities 2024: $2,215,096Net Assets 2024: $242,7202024

Highlighted filing

2024

Assets$2,457,816
Liabilities$2,215,096
Net Assets$242,720
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $791,9262010Expenses 2011: $873,0712011Expenses 2012: $927,4952012Revenue 2013: $981,905Expenses 2013: $1,316,502Net Income 2013: -$334,5972013Revenue 2014: $984,935Expenses 2014: $942,587Net Income 2014: $42,3482014Revenue 2015: $1,129,753Expenses 2015: $1,091,105Net Income 2015: $38,6482015Revenue 2016: $1,192,557Expenses 2016: $1,189,579Net Income 2016: $2,9782016Revenue 2017: $995,400Expenses 2017: $958,137Net Income 2017: $37,2632017Revenue 2018: $859,843Expenses 2018: $1,026,003Net Income 2018: -$166,1602018Revenue 2019: $817,001Expenses 2019: $1,166,954Net Income 2019: -$349,9532019Revenue 2020: $998,551Expenses 2020: $1,096,778Net Income 2020: -$98,2272020Revenue 2021: $1,086,684Expenses 2021: $1,240,784Net Income 2021: -$154,1002021Revenue 2022: $1,114,247Expenses 2022: $1,297,833Net Income 2022: -$183,5862022Revenue 2023: $1,121,948Expenses 2023: $1,262,284Net Income 2023: -$140,3362023Revenue 2024: $1,523,698Expenses 2024: $1,492,799Net Income 2024: $30,8992024

Highlighted filing

2024

Revenue$1,523,698
Expenses$1,492,799
Net Income$30,899
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,457,816
Liabilities
$2,215,096
Net assets
$242,720
Revenue
$1,523,698
Expenses
$1,492,799
Net income
$30,899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.46$2.22$0.24$1.52$1.49$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.56$2.35$0.21$1.12$1.26$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.51$2.16$0.35$1.11$1.30$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.87$2.38$0.49$1.09$1.24$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.45$1.78$0.66$1.00$1.10$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.46$1.70$0.76$0.82$1.17$0.35
2018Detailed filing. Detailed filing data is available for this year.$2.89$1.70$1.19$0.86$1.03$0.17
2017Detailed filing. Detailed filing data is available for this year.$3.34$1.99$1.36$1.00$0.96$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.90$1.32$1.19$1.19$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.96$1.32$1.13$1.09$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.10$0.82$1.28$0.98$0.94$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.06$0.82$1.23$0.98$1.32$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.96$1.57$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$1.50$1.60$0.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$1.51$1.61$0.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$1,523,698
Mission and Program Overview

Mission

LOW INCOME HOUSING

The Bessemer Non-Profit Development Corporation is a not-for-profit in Alabama that provides low-income rental housing for tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,268,251$2,201,610▼ $66,641
Cash and Non-Interest-Bearing Accounts$219,553$181,767▼ $37,786
Savings and Temporary Cash Investments$35,809$36,745▲ $936
Prepaid Expenses and Deferred Charges$30,830$31,123▲ $293
Accounts Receivable$3,851$6,571▲ $2,720
Total Assets$2,558,294$2,457,816▼ $100,478
Liabilities
Accounts Payable and Accrued Expenses$1,295,259$1,261,252▼ $34,007
Mortgage Notes Payable Secured by Investment Property$1,019,574$921,153▼ $98,421
Escrow Account Liability$30,382$31,305▲ $923
Deferred Revenue$1,258$1,386▲ $128
Total Liabilities$2,346,473$2,215,096▼ $131,377
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$211,821$242,720▲ $30,899
Total Net Assets Fund Balance$211,821$242,720▲ $30,899
Total Liabilities and Net Assets / Fund Balance$2,558,294$2,457,816▼ $100,478

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,152,998$4,503,178$6,656,176
Equipment$31,116$986,822$1,017,938
Land$17,496-$17,496
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Sadie HarrisPresident
Terry DawsonVice President
Courtney ColemanTreasurer / Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,028,342
Program Service Revenue
$483,955
Investment Income
$52
Other Revenue
$11,349
Change in Net Assets
$30,899

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,523,698
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,523,698
Total Revenue per Form 990
$1,523,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,168,740
Salaries, Compensation, and Employee Benefits$324,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$331,042--$331,042
Other Salaries and Wages$105,199$151,098-$256,297
Fees for Services Other$153,946$5,810-$159,756
Insurance$118,460--$118,460
Depreciation Depletion$93,231--$93,231
Other Employee Benefits$13,144$54,618-$67,762
Fees for Services Accounting$55,733--$55,733
Fees for Service Investment Mgmnt Fees-$54,054-$54,054
Interest$43,867--$43,867
Other Expenses$2,216$19,468-$21,684
Information Technology$20,730--$20,730
All Other Expenses$19,266--$19,266
Travel$18,137--$18,137
Office Expenses$5,411$5,411-$10,822
Fees for Services Legal$3,243--$3,243
Total Functional Expenses$1,202,340$290,459$0$1,492,799

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,492,799
Total Expenses per Audited Statements$1,492,799
Total Expenses per Form 990$1,492,799
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
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 35% controlled entity
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Corporation is under the same management as are other HUD programs which are administered by The Housing Authority of the City of Bessemer. Administrative and other functions are performed by the Housing Authority. During 2023, the corporation incurred property management fees of $53,898 to the Housing Authority.”

Form 990, Part VI, Section B, line 11B

“In accordance with HUD policies and procedures.”

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

“Monitored in accordance with HUD policies and procedures.”

Form 990, Part VI, Section B, line 15

“(Box 55) In accordance with HUD policies and procedures, (Box 56) In accordance with HUD policies and procedures”

Form 990, Part VI, Section C, line 19

“in accordance with HUD policies and procudures”

Filing and Contact Details

Filer

Filer Name
Bessemer Non-Profit Development
EIN
63-0866917
Phone
2054814420
Address
PO Box 1390, Bessemer, AL 35020

Signing Officer

Name
Cortney Coleman
Title
Executive Director
Phone
2054814420
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cortney Coleman
Formed
1981
Legal Domicile
Al
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Aprio Advisory Group LLC
Address
1200 Corporate Dr Suite 200, Birmingham, AL 35242
Preparer
Stacy Cullen
Phone
2059915506
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Temporary Labor: Program service expenses 6,251. Management and general expenses 5,810. Fundraising expenses 0. Total expenses 12,061. Protective Services: Program service expenses 147,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 147,695.”

Part XII, Line 2C

“There have been no changes in either the oversight process or selection process.”

Financial Statement Notes

Part IV, Line 1B:

“The organization maintains security deposits for the tenants.”

Part IV, Line 2B:

“The organization maintains security deposits for the tenants.”

Part X, Line 2:

“The Corporation is exempt from income taxes as a public agency, under Section 501(c)4 of the Internal Revenue Code. As such, only unrelated business income is subject to income tax. Currently, the 2022, 2023 and 2024 tax years are open and subject to examination by the Internal Revenue Service. However, the Corporation is not currently under audit, nor has the Corporation been contacted by any of these jurisdictions. Based on an evaluation of the Corporation's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended December 31,2024.”

Raw XML AppendixShowing 400 of 465 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.

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IRS990/PrincipalOfficerNm0Cortney Coleman
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rents
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0483955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0483955
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0700130
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt0923531
IRS990/PYOtherRevenueAmt012483
IRS990/PYProgramServiceRevenueAmt0409285
IRS990/PYRevenuesLessExpensesAmt0-140336
IRS990/PYSalariesCompEmpBnftPaidAmt0338753
IRS990/PYTotalExpensesAmt01262284
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01121948
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt030899
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0495304
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035809
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Laundry Vending - 2021 Amount: $ 10,000. 2022 Amount: $ 11,985. 2023 Amount: $ 12,483. 2024 Amount: $ 11,349.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01028342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0700130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0689641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0677258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0595460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03690831
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt0483955
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt0409285
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt0412621
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt0399414
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt0403091
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt02108366
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0135
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0135
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt011349
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012483
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011985
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt045817
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99210
IRS990ScheduleA/PublicSupportTotal509Amt05799197
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01512297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01109415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01102262
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01076672
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0998551
IRS990ScheduleA/Total509Grp/TotalAmt05799197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01523698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01121948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01114268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01086684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0998551
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05845149
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/AdditionsDuringYearAmt0923
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt030382
IRS990ScheduleD/BuildingsGrp/BookValueAmt02152998
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04503178
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06656176
IRS990ScheduleD/EndingBalanceAmt031305
IRS990ScheduleD/EquipmentGrp/BookValueAmt031116
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0986822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01017938
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01492799
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt017496
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017496
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01523698
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization maintains security deposits for the tenants.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The organization maintains security deposits for the tenants.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2The Corporation is exempt from income taxes as a public agency, under Section 501(c)4 of the Internal Revenue Code. As such, only unrelated business income is subject to income tax. Currently, the 2022, 2023 and 2024 tax years are open and subject to examination by the Internal Revenue Service. However, the Corporation is not currently under audit, nor has the Corporation been contacted by any of these jurisdictions. Based on an evaluation of the Corporation's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended December 31,2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 1b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02201610
IRS990ScheduleD/TotalExpensesPerForm990Amt01492799
IRS990ScheduleD/TotalRevenuePerForm990Amt01523698
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01523698
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01492799
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Corporation is under the same management as are other HUD programs which are administered by The Housing Authority of the City of Bessemer. Administrative and other functions are performed by the Housing Authority. During 2023, the corporation incurred property management fees of $53,898 to the Housing Authority.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In accordance with HUD policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Monitored in accordance with HUD policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3(Box 55) In accordance with HUD policies and procedures, (Box 56) In accordance with HUD policies and procedures
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4in accordance with HUD policies and procudures
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Temporary Labor: Program service expenses 6,251. Management and general expenses 5,810. Fundraising expenses 0. Total expenses 12,061. Protective Services: Program service expenses 147,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 147,695.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There have been no changes in either the oversight process or selection process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part XII, Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0No
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Bessemer AL Housing Authority
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0636004808
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0Public Agency
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Low Income Housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01515 Fairfax Avenue
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Birmingham
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035020
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01013342
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt154054
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Actual Value
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Actual Value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Bessemer AL Housing Authority
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Bessemer AL Housing Authority
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02558294
IRS990/TotalAssetsEOYAmt02457816
IRS990/TotalAssetsGrp/BOYAmt02558294
IRS990/TotalAssetsGrp/EOYAmt02457816
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01028342
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0290459

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