Civic Intelligence

Ahepa 310-VII Inc.

990 • Fiscal year 2020 • EIN 63-1194202

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 09, 2020

2550 Hillcrest Road No C-1Mobile, AL 36695

(251) 661-0371

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.08x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

50th percentile

5.2%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

34th percentile

0.7%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

4.7%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,299,455

Up $15,050 (+0.7%) from 2019

Net Assets

Up

$2,261,424

Up $3,437,681 (+292%) from 2019

Liabilities

Down

$38,031

Down $3,422,631 (-99%) from 2019

Revenue

Up

$497,664

Up $22,252 (+4.7%) from 2019

Expenses

Down

$471,583

Down $5,273 (-1.1%) from 2019

Net Income

Up

$26,081

Up $27,525 (+1906%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $2,630,408Liabilities 2011: $3,445,981Net Assets 2011: -$815,5732011Assets 2012: $2,609,450Liabilities 2012: $3,446,323Net Assets 2012: -$836,8732012Assets 2013: $2,592,348Liabilities 2013: $3,484,133Net Assets 2013: -$891,7852013Assets 2014: $2,505,667Liabilities 2014: $3,459,012Net Assets 2014: -$953,3452014Assets 2015: $2,484,418Liabilities 2015: $3,476,460Net Assets 2015: -$992,0422015Assets 2016: $2,414,027Liabilities 2016: $3,461,587Net Assets 2016: -$1,047,5602016Assets 2017: $2,333,750Liabilities 2017: $3,493,505Net Assets 2017: -$1,159,7552017Assets 2018: $2,297,070Liabilities 2018: $3,471,883Net Assets 2018: -$1,174,8132018Assets 2019: $2,284,405Liabilities 2019: $3,460,662Net Assets 2019: -$1,176,2572019Assets 2020: $2,299,455Liabilities 2020: $38,031Net Assets 2020: $2,261,4242020Assets 2021: $2,333,009Liabilities 2021: $63,363Net Assets 2021: $2,269,6462021Assets 2022: $2,315,615Liabilities 2022: $59,870Net Assets 2022: $2,255,7452022Assets 2023: $2,282,109Liabilities 2023: $48,085Net Assets 2023: $2,234,0242023Assets 2024: $2,803,010Liabilities 2024: $0Net Assets 2024: $2,803,0102024

Highlighted filing

2020

Assets$2,299,455
Liabilities$38,031
Net Assets$2,261,424

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $434,6842011Expenses 2012: $460,5892012Expenses 2013: $486,2102013Revenue 2014: $427,715Expenses 2014: $489,275Net Income 2014: -$61,5602014Revenue 2015: $415,534Expenses 2015: $454,231Net Income 2015: -$38,6972015Revenue 2016: $430,064Expenses 2016: $485,582Net Income 2016: -$55,5182016Revenue 2017: $430,110Expenses 2017: $542,305Net Income 2017: -$112,1952017Revenue 2018: $446,183Expenses 2018: $461,241Net Income 2018: -$15,0582018Revenue 2019: $475,412Expenses 2019: $476,856Net Income 2019: -$1,4442019Revenue 2020: $497,664Expenses 2020: $471,583Net Income 2020: $26,0812020Revenue 2021: $519,936Expenses 2021: $511,714Net Income 2021: $8,2222021Revenue 2022: $548,241Expenses 2022: $562,142Net Income 2022: -$13,9012022Revenue 2023: $542,146Expenses 2023: $563,867Net Income 2023: -$21,7212023Revenue 2024: $807,078Expenses 2024: $238,092Net Income 2024: $568,9862024

Highlighted filing

2020

Revenue$497,664
Expenses$471,583
Net Income$26,081
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.1
Gross Receipts
$497,664
Mission and Program Overview

Mission

The corporation is organized exclusively for charitable purposes including, but not limited to, providing affordable housing and related services to individuals with a preference for elderly or disabled persons. The corporation aims to improve the quality of life for elderly or disabled individuals by offering safe, affordable, and supportive housing options, primarily by participating in the ownership group of tax credit projects formed to invert in affordable housing. Additionally, the corportaion seeks to enhance the well-being of the local community in which the housing is located by fostering community engagement, awarding scholarships to individuals in the local community needing financial assistance in order to achieve an education, supporting local initiatives, and collaborating with other organizations to address the needs of the community, on a non-profit basis.

Ahepa 310-vii, inc. (the "corporation") is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of alabama. The corporation was organized to construct, own and operate a 59-unit apartment community in mobile, alabama, known as ahepa 310-vii apartments (the "property"), pursuant to section 202 of the national affordable housing act, as amended. The sponsor of the corporation is ahepa national housing corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,868,769$1,773,060▼ $95,709
Investments Program Related-$468,444-
Prepaid Expenses and Deferred Charges$24,773$28,505▲ $3,732
Cash and Non-Interest-Bearing Accounts$2,948$12,937▲ $9,989
Accounts Receivable$106$1▼ $105
Total Assets$2,284,405$2,299,455▲ $15,050
Other Assets Total$387,809$16,508▼ $371,301
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,411,600--
Other Liabilities$0$37,156▲ $37,156
Accounts Payable and Accrued Expenses$48,794$868▼ $47,926
Deferred Revenue$268$7▼ $261
Total Liabilities$3,460,662$38,031▼ $3,422,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,176,257$2,261,424▲ $3,437,681
Total Net Assets Fund Balance$-1,176,257$2,261,424▲ $3,437,681
Total Liabilities and Net Assets / Fund Balance$2,284,405$2,299,455▲ $15,050

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,472,348$1,694,463$3,166,811
Land$269,220-$269,220
Equipment$31,492$203,347$234,839
Investment Program Related Org$60,001--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christ CoumanisPresident
Jim LignosVice President
Dale GreensteinDirector
Jim PafudakisDirector
John MoralisDirector
Leesa VroscherDirector
Michael HartzesDirector
Mike KaravokirosDirector
Nick TsounisDirector
Paul PlatisDirector
Terry PalamoytisDirector
Tommy LutherDirector
Doug FrazierSecretary
Booby ForopoulosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$309,239
Program Service Revenue
$174,199
Investment Income
$3,499
Other Revenue
$10,727
Change in Net Assets
$26,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$497,664
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$497,664
Total Revenue per Form 990
$497,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$471,583
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
Occupancy$166,022--$166,022
Depreciation Depletion$95,710--$95,710
Office Expenses$9,203$38,441-$47,644
Insurance$40,400$1,622-$42,022
Fees for Services Accounting-$7,986-$7,986
Fees for Services Legal-$1,301-$1,301
Other Expenses$261$12,500-$261
Total Functional Expenses$377,108$94,475$0$471,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$471,583
Total Expenses per Audited Statements$471,583
Total Expenses per Form 990$471,583
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$16,420
Accrued Wages Payable$15,856
Misc. Other Liabilities$4,800
Due to Hud$80
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
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

The corporation is managed by ahepa affordable management company, inc., an affiliate of ahepa national housing corporation. Ahepa affordable management company, inc. Has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing and urban development. Under this certification, hud has approved ahepa affordable management company, inc. To manage the underlying project of the corporation. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

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

The auditing firm sends a draft of the return to the management company. The management company forwards a copy of the return to each board member for their comments prior to filing.

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

The conflict of interest policy is included in the bylaws. Each board member is required to sign a conflict of interest statement. Contracts are reviewed for possible violations.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B:

All of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.

Filing and Contact Details

Filer

Filer Name
Ahepa 310-vii Inc
EIN
63-1194202
Phone
2516610371
Address
2550 HILLCREST ROAD NO C-1, MOBILE, AL 36695

Signing Officer

Name
Christ Coumanis
Title
President
Phone
2516610371
Signed
2020-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christ Coumains
Formed
1998
Legal Domicile
Al
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Jonathan B Scott
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns are subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/InsuranceGrp/ProgramServicesAmt040400
IRS990/InsuranceGrp/TotalAmt042022
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03499
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01773060
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AHEPA 310-VII, INC. (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF ALABAMA. THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 59-UNIT APARTMENT COMMUNITY IN MOBILE, ALABAMA, KNOWN AS AHEPA 310-VII APARTMENTS (THE "PROPERTY"), PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE SPONSOR OF THE CORPORATION IS AHEPA NATIONAL HOUSING CORPORATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0166022
IRS990/OccupancyGrp/TotalAmt0166022
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0387809
IRS990/OtherAssetsTotalGrp/EOYAmt016508
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112500
IRS990/OtherExpensesGrp/ProgramServicesAmt034417
IRS990/OtherExpensesGrp/ProgramServicesAmt131095
IRS990/OtherExpensesGrp/ProgramServicesAmt2261
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IRS990/OtherExpensesGrp/TotalAmt143595
IRS990/OtherExpensesGrp/TotalAmt2261
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt037156
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11416
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2268
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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024773
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028505
IRS990/PrincipalOfficerNm0CHRIST COUMAINS
IRS990/PriorPeriodAdjustmentsAmt03411600
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174199
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0412288
IRS990/PYOtherRevenueAmt01456
IRS990/PYProgramServiceRevenueAmt0470599
IRS990/PYRevenuesLessExpensesAmt0-1444
IRS990/PYSalariesCompEmpBnftPaidAmt064568
IRS990/PYTotalExpensesAmt0476856
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0475412
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt026081
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0174199
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0309239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0470599
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0444020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0426756
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0428623
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02079237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03499
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03357
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0489
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0596
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0174199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0174199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03499
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03357
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0596
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08910
IRS990ScheduleA/InvestmentIncomeCYPct00.00390
IRS990ScheduleA/InvestmentIncomePYPct00.00260
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt010727
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01456
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01194
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02865
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0845
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017087
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98860
IRS990ScheduleA/PublicSupportPY509Pct00.99340
IRS990ScheduleA/PublicSupportTotal509Amt02253436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0483438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0470599
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0444020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0426756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0428623
IRS990ScheduleA/Total509Grp/TotalAmt02253436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0497664
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0475412
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0446183
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0430110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0430064
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02279433
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/BookValueAmt01472348
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01694463
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03166811
IRS990ScheduleD/EquipmentGrp/BookValueAmt031492
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0203347
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0234839
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0471583
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0408443
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt160001
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE FOR REPLACEMENTS FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0269220
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0269220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt315856
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO HUD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MISC. OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED WAGES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0497664
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01773060
IRS990ScheduleD/TotalBookValueProgramRltdAmt0468444
IRS990ScheduleD/TotalExpensesPerForm990Amt0471583
IRS990ScheduleD/TotalLiabilityAmt037156
IRS990ScheduleD/TotalRevenuePerForm990Amt0497664

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$0.81$0.24$0.57
2023Detailed filing. Detailed filing data is available for this year.$2.28$0.05$2.23$0.54$0.56$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.32$0.06$2.26$0.55$0.56$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.33$0.06$2.27$0.52$0.51$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.04$2.26$0.50$0.47$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.28$3.46$1.18$0.48$0.48$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.30$3.47$1.17$0.45$0.46$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.33$3.49$1.16$0.43$0.54$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.41$3.46$1.05$0.43$0.49$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.48$3.48$0.99$0.42$0.45$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.51$3.46$0.95$0.43$0.49$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$3.48$0.89$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$3.45$0.84$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$3.45$0.82$0.43
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits