Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2018 • EIN 64-0693592
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Assets
Down$1,287,851
Down $171,355 (-12%) from 2017
Net Assets
Down-$483,180
Down $49,553 (-11%) from 2017
Liabilities
Down$1,771,031
Down $121,802 (-6.4%) from 2017
Revenue
Up$408,883
Up $33,181 (+8.8%) from 2017
Expenses
Up$458,440
Up $85,011 (+23%) from 2017
Net Income
Down-$49,557
Down $51,830 (-2280%) from 2017
Provide low-income housing to the elderly and/or handicapped under section 202 of the national housing act
Provide low-inome housing to the elderly and/or handicapped under section 202 of the national housing act.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $891,312 | $854,857 | ▼ $36,455 |
| Cash and Non-Interest-Bearing Accounts | $44,743 | $6,368 | ▼ $38,375 |
| Accounts Receivable | $3,124 | $5,885 | ▲ $2,761 |
| Prepaid Expenses and Deferred Charges | $16,944 | $2,262 | ▼ $14,682 |
| Total Assets | $1,459,206 | $1,287,851 | ▼ $171,355 |
| Other Assets Total | $503,083 | $418,479 | ▼ $84,604 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,848,682 | $1,728,609 | ▼ $120,073 |
| Accounts Payable and Accrued Expenses | $33,137 | $30,505 | ▼ $2,632 |
| Other Liabilities | $11,014 | $11,917 | ▲ $903 |
| Total Liabilities | $1,892,833 | $1,771,031 | ▼ $121,802 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-433,627 | $-483,180 | ▼ $49,553 |
| Total Net Assets Fund Balance | $-433,627 | $-483,180 | ▼ $49,553 |
| Total Liabilities and Net Assets / Fund Balance | $1,459,206 | $1,287,851 | ▼ $171,355 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $757,297 | $955,224 | $1,712,521 |
| Equipment | $35,337 | $263,028 | $298,365 |
| Other Land Buildings | $40 | $158,119 | $158,159 |
| Land | $62,183 | - | $62,183 |
| Other Assets Org | $168,896 | - | - |
| Name | Title |
|---|---|
| Lacy Harrell | President |
| Vivian Johnson | Vice President |
| Line Item | Amount |
|---|---|
| Other Expenses | $359,507 |
| Salaries, Compensation, and Employee Benefits | $98,933 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $72,687 | - | - | $72,687 |
| Other Salaries and Wages | $71,680 | - | - | $71,680 |
| Depreciation Depletion | $70,545 | - | - | $70,545 |
| Insurance | $46,201 | - | - | $46,201 |
| Fees for Services Management | $26,980 | - | - | $26,980 |
| Other Employee Benefits | $20,082 | - | - | $20,082 |
| Office Expenses | $13,778 | - | - | $13,778 |
| Fees for Services Accounting | $8,800 | - | - | $8,800 |
| Payroll Taxes | $7,171 | - | - | $7,171 |
| Other Expenses | $5,258 | - | - | $5,258 |
| All Other Expenses | $485 | - | - | $485 |
| Advertising | $45 | - | - | $45 |
| Total Functional Expenses | $458,440 | $0 | $0 | $458,440 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $458,440 |
| Expenses per Audited Statements | $458,438 |
| Total Expenses per Audited Statements | $458,438 |
| Expenses Not Reported on Financial Statements | $2 |
| Other Expense Adjustments | $2 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $11,917 |
“The organization is a hud subsidized housing project and as such management duties are delegated to inventive property management.”
“The organization is a hud subsidized housing project managed by an independent management company and the board does not meet except in emergencies.”
“There are no committees with the authority to act on behalf of the governing body.”
“The organization provides form 990 to its governing body for their review before the return is filed”
“The organization makes its governing documents and financial statements available to the public upon request”
“ROUNDING 4.”
“Due to a change in a gaap accounting principle, asu 2015-03, the secured mortgage is shown net of unamortized debt issuance costs of $87,034 for the year ended may 31, 2018.”
“The project has adopted the provisions of fasb asc topic 740-10, income taxes. Management believes it has no material uncertain tax positions or any related penalties and interest to accrue for the year ended may 31, 2018 and accordingly, there is no liability for unrecognized tax benefits. The project files irs form 990 annually with the federal government and is still open to examination by taxing authorities for fiscal year 2015 and later.”
“ROUNDING”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 33137 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 30505 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3124 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5885 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE LOW-INOME HOUSING TO THE ELDERLY AND/OR HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 45 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 45 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 485 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 485 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | INVENTIVE PROPERTY MANAGEMENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6017148350 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 381 EDGEWOOD TERRACE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | JACKSON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39207 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 44743 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6368 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 973 |
| IRS990/CYOtherExpensesAmt | 0 | 359507 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 407910 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -49557 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 98933 |
| IRS990/CYTotalExpensesAmt | 0 | 458440 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 408883 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 70545 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 70545 |
| IRS990/Desc | 0 | PROVIDE 50 HUD SUBSIDIZED HOUSING UNITS TO QUALIFIED LOW-INCOME TENANTS |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 458440 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 8800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8800 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 26980 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 26980 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LACY HARRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | VIVIAN JOHNSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 2 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 408883 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 46201 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 46201 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 72687 |
| IRS990/InterestGrp/TotalAmt | 0 | 72687 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 973 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 973 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1376371 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 891312 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 854857 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2231228 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 0 |
| IRS990/MissionDesc | 0 | PROVIDE LOW-INCOME HOUSING TO THE ELDERLY AND/OR HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1848682 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1728609 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -433627 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -483180 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 13778 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 13778 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 503083 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 418479 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 4 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 20082 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 20082 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISC ADMIN EXP |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 75809 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 20708 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 18211 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 5258 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 75809 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20708 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 18211 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5258 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 11014 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11917 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 71680 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 71680 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 7171 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 7171 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16944 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2262 |
| IRS990/PrincipalOfficerNm | 0 | LACY HARRELL |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TENANT RENT AND SUBSID |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 399872 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 8038 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 399872 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 8038 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 559 |
| IRS990/PYOtherExpensesAmt | 0 | 294500 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 375143 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2273 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 78929 |
| IRS990/PYTotalExpensesAmt | 0 | 373429 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 375702 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -49557 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 408883 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 287538 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 272112 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 276231 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 277999 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 199591 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1313471 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 973 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 559 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 319 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 276 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2527 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 544053 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99840 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1313471 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 287538 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 272112 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 276231 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 277999 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 199591 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1313471 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1315998 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 757297 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 955224 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1712521 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 35337 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 263028 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 298365 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 2 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 458438 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 62183 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 62183 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 535 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 10805 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 215406 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 22837 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 168896 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | UTILITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | TENANT SECURITY DEPOSITS CASH |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | REPLACEMENT RESERVE CASH |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | TAX AND INSURANCE ESCROW CASH |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 2 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 40 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 158119 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 158159 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11917 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 408883 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROJECT HAS ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE FOR THE YEAR ENDED MAY 31, 2018 AND ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE PROJECT FILES IRS FORM 990 ANNUALLY WITH THE FEDERAL GOVERNMENT AND IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEAR 2015 AND LATER. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | ROUNDING |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 854857 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 418479 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 458440 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 11917 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 408883 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 408883 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 458438 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS A HUD SUBSIDIZED HOUSING PROJECT AND AS SUCH MANAGEMENT DUTIES ARE DELEGATED TO INVENTIVE PROPERTY MANAGEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION IS A HUD SUBSIDIZED HOUSING PROJECT MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY AND THE BOARD DOES NOT MEET EXCEPT IN EMERGENCIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION PROVIDES FORM 990 TO ITS GOVERNING BODY FOR THEIR REVIEW BEFORE THE RETURN IS FILED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ROUNDING 4. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DUE TO A CHANGE IN A GAAP ACCOUNTING PRINCIPLE, ASU 2015-03, THE SECURED MORTGAGE IS SHOWN NET OF UNAMORTIZED DEBT ISSUANCE COSTS OF $87,034 FOR THE YEAR ENDED MAY 31, 2018. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, BALANCE SHEET, LINE 23 SECURED MORTGAGES |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1459206 |
| IRS990/TotalAssetsEOYAmt | 0 | 1287851 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1459206 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1287851 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 458440 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 458440 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1892833 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1771031 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1892833 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1771031 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -433627 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -483180 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 458440 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 407910 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 408883 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 408883 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1459206 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1287851 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -433627 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -483180 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 3570 |
| IRS990/USAddress/CityNm | 0 | JACKSON |
| IRS990/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/USAddress/ZIPCd | 0 | 39207 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 2 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LACY HARRELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6017148350 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-08-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | JOHN AND DAVID MATTHEWS |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | RETIREMENT CENTER II |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | JOHN |
| ReturnHeader/Filer/EIN | 0 | 640693592 |
| ReturnHeader/Filer/PhoneNum | 0 | 6017148350 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 3570 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JACKSON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MS |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 39207 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 6F2BB8194A32C8E655C479E62174A5E1EFA9F445 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | CF6AABF2328AA5E73361BEEC7CD49A4FAE0EC40C |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 76.8.237.131 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-08-31 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:59:21 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 640903390 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GRANTHAMPOOLE PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1062 HIGHLAND COLONY PRKWY STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RIDGELAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 39157 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6014992400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-08-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALAN ARRINGTON CPA |
| ReturnHeader/ReturnTs | 0 | 2018-10-11T06:55:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-05-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.