Civic Intelligence

West Apartments Inc.

990 • Fiscal year 2015 • EIN 71-0431564

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 24, 2015

8101 I-30 Suite ALittle Rock, AR 72209

(501) 280-0037

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.15x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

2.46x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

52nd percentile

3.1%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

51st percentile

3.8%

Faster revenue growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,667,108

Down $11,624 (-0.7%) from 2014

Net Assets

Up

-$255,169

Up $24,587 (+8.8%) from 2014

Liabilities

Down

$1,922,277

Down $36,211 (-1.8%) from 2014

Revenue

Up

$782,048

Up $28,686 (+3.8%) from 2014

Expenses

Down

$757,461

Down $8,926 (-1.2%) from 2014

Net Income

Up

$24,587

Up $37,612 (+289%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,636,900Liabilities 2011: $1,968,008Net Assets 2011: -$331,1082011Assets 2012: $1,627,105Liabilities 2012: $1,983,912Net Assets 2012: -$356,8072012Assets 2013: $1,841,281Liabilities 2013: $2,108,012Net Assets 2013: -$266,7312013Assets 2014: $1,678,732Liabilities 2014: $1,958,488Net Assets 2014: -$279,7562014Assets 2015: $1,667,108Liabilities 2015: $1,922,277Net Assets 2015: -$255,1692015Assets 2016: $1,695,223Liabilities 2016: $1,890,260Net Assets 2016: -$195,0372016Assets 2017: $1,745,198Liabilities 2017: $1,773,375Net Assets 2017: -$28,1772017Assets 2018: $1,791,858Liabilities 2018: $1,706,654Net Assets 2018: $85,2042018Assets 2019: $1,715,820Liabilities 2019: $1,642,520Net Assets 2019: $73,3002019Assets 2020: $2,018,776Liabilities 2020: $1,375,079Net Assets 2020: $643,6972020Assets 2021: $2,094,183Liabilities 2021: $1,424,630Net Assets 2021: $669,5532021Assets 2022: $1,985,439Liabilities 2022: $1,393,612Net Assets 2022: $591,8272022Assets 2023: $1,875,217Liabilities 2023: $1,372,980Net Assets 2023: $502,2372023Assets 2024: $1,981,660Liabilities 2024: $1,447,655Net Assets 2024: $534,0052024Assets 2025: $1,876,007Liabilities 2025: $1,240,706Net Assets 2025: $635,3012025

Highlighted filing

2015

Assets$1,667,108
Liabilities$1,922,277
Net Assets-$255,169

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $735,002Expenses 2011: $782,260Net Income 2011: -$47,2582011Expenses 2012: $744,7662012Expenses 2013: $654,2652013Revenue 2014: $753,362Expenses 2014: $766,387Net Income 2014: -$13,0252014Revenue 2015: $782,048Expenses 2015: $757,461Net Income 2015: $24,5872015Revenue 2016: $795,447Expenses 2016: $735,315Net Income 2016: $60,1322016Revenue 2017: $837,153Expenses 2017: $717,612Net Income 2017: $119,5412017Revenue 2018: $844,387Expenses 2018: $731,006Net Income 2018: $113,3812018Revenue 2019: $868,216Expenses 2019: $880,120Net Income 2019: -$11,9042019Revenue 2020: $1,396,686Expenses 2020: $851,640Net Income 2020: $545,0462020Revenue 2021: $983,991Expenses 2021: $958,135Net Income 2021: $25,8562021Revenue 2022: $918,241Expenses 2022: $1,022,522Net Income 2022: -$104,2812022Revenue 2023: $995,367Expenses 2023: $1,084,957Net Income 2023: -$89,5902023Revenue 2024: $1,005,696Expenses 2024: $998,658Net Income 2024: $7,0382024Revenue 2025: $1,043,728Expenses 2025: $972,112Net Income 2025: $71,6162025

Highlighted filing

2015

Revenue$782,048
Expenses$757,461
Net Income$24,587
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 24, 2015
Return Version
2014v6.0
Gross Receipts
$782,048
Mission and Program Overview

Mission

Provide low-income housing to families located in ft. Smith, arkansas under u.s. Department of housing and urban development guidelines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$784,345$1,015,245▲ $230,900
Cash and Non-Interest-Bearing Accounts$127,606$220,841▲ $93,235
Accounts Receivable-$13,106-
Intangible Assets$6,658$6,356▼ $302
Prepaid Expenses and Deferred Charges$5,877$1,361▼ $4,516
Total Assets$1,678,732$1,667,108▼ $11,624
Other Assets Total$754,246$410,199▼ $344,047
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,693,142$1,674,882▼ $18,260
Other Liabilities$172,005$158,563▼ $13,442
Accounts Payable and Accrued Expenses$90,280$85,299▼ $4,981
Deferred Revenue$3,061$3,533▲ $472
Total Liabilities$1,958,488$1,922,277▼ $36,211
Net Assets / Fund Balance
Unrestricted Net Assets$-279,756$-255,169▲ $24,587
Total Net Assets Fund Balance$-279,756$-255,169▲ $24,587
Total Liabilities and Net Assets / Fund Balance$1,678,732$1,667,108▼ $11,624

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$720,124$1,823,249$2,543,373
Equipment$201,533-$201,533
Land$93,588-$93,588
Other Assets Org$18,273--
Compensation and Service Providers

Board Members and Trustees

NameTitle
George West IiChairman of
Kenneth WestVice-chairma
Calvin ThomasMember
Jeanette WestMember
Laverne WestMember
Treva WestMember
Geraldine StewartSecretary
Jane WestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$781,800
Investment Income
$178
Other Revenue
$70
Change in Net Assets
$24,587

Audited Revenue Reconciliation

Revenue per Audited Statements
$782,048
Total Revenue per Audited Statements
$782,048
Total Revenue per Form 990
$782,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$594,424
Salaries, Compensation, and Employee Benefits$163,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$177,721$59,240-$236,961
Other Salaries and Wages$108,494$36,165-$144,659
Occupancy$63,736$21,245-$84,981
Interest$62,442$20,814-$83,256
Fees for Services Management$42,310$14,103-$56,413
Depreciation Depletion$40,815$13,605-$54,420
Insurance$24,537$8,179-$32,716
Fees for Services Accounting$19,770$6,590-$26,360
Office Expenses$14,194$4,732-$18,926
Payroll Taxes$8,961$2,987-$11,948
Other Employee Benefits$4,822$1,608-$6,430
Conferences and Meetings$293$98-$391
Total Functional Expenses$568,095$189,366$0$757,461

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$757,461
Total Expenses per Audited Statements$757,461
Total Expenses per Form 990$757,461
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
Interest on Other Notes Pay Long Ter$141,367
Tenant Security Liability$17,196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Page 6, Part VI, Line 2

George west, ii kenneth west chairman member siblings george west, ii jeanette west chairman member spouse george west ii treva west chairman member brother-in-law george west ii laverne west chairman member uncle george west ii jane west chairman member family member

Form 990, Page 6, Part VI, Line 3

Day-to-day operations are delegated to an independent 3rd party management company, united properties management,inc., who has been approved by the u.s. Department of housing and urban development.

Form 990, Page 6, Part VI, Line 7A

The number of directors of the corporation shall be five, at least two of whom shall be members of the quinn chapel african methodist episcopal church. The directors shall be elected or re-elected each for a 5-year term by the board of directors. The election of directors shall be as provided in the by-laws of the corporation. At the expiration of the directors, they may be re-elected. Any vacancy on the board of directors by reason of dealth, incapacity, or resignation shall be filled by the remainder of the directors, the new director so named serving for the remainder of the term of the director dying, resigning or becoming incapacitated.

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

Tax form 990 is prepared by an external 3rd party certified public accounting firm and provided to the management agent and board of directors for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

All related party transactions are disclosed annually in the audited financial statements and submitted to the u.s. Department of housing and urban development for review and approval.

Form 990, Page 6, Part VI, Line 19

Governing document and disclosures are made available upon written request to the management agent and approval by the board of directors unless mandated by legally by a regulatory 3rd party.

Filing and Contact Details

Filer

Filer Name
West Apartmentsinc
EIN
71-0431564
Phone
5012800037
Address
8101 I-30 SUITE A, LITTLE ROCK, AR 72209

Signing Officer

Name
George West Ii
Title
Chairman of the Board
Phone
5012800037
Signed
2015-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George West Ii
Formed
1971
Legal Domicile
Ar
Voting Board Members
7
Independent Board Members
1
Employees
0

Preparer

Firm
The Kemp Firm LLC
Address
8101 I-30 STE B, LITTLE ROCK, AR 72209
Preparer
Michele Kemp CPA
Phone
5012236943
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Miscellaneous office 1,189 396 0 contracts 77,883 25,961 0 real estate taxes 31,207 10,402 0 incentive perf fee 407 136 0 r&m supplies 54,743 18,248 0 r&m 12,292 4,097 0

Raw XML AppendixShowing 400 of 410 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt090280
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt085299
IRS990/AccountsReceivableGrp/EOYAmt013106
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE KEMP FIRM
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0THE KEMP FIRM
IRS990/BooksInCareOfDetail/PhoneNum05012236934
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08101 I-30 SUITE B
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt08101 I-30 SUITE B
IRS990/BooksInCareOfDetail/USAddress/CityNm0LITTLE ROCK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072209
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0127606
IRS990/CashNonInterestBearingGrp/EOYAmt0220841
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt098
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0293
IRS990/ConferencesMeetingsGrp/TotalAmt0391
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0178
IRS990/CYOtherExpensesAmt0594424
IRS990/CYOtherRevenueAmt070
IRS990/CYProgramServiceRevenueAmt0781800
IRS990/CYRevenuesLessExpensesAmt024587
IRS990/CYSalariesCompEmpBnftPaidAmt0163037
IRS990/CYTotalExpensesAmt0757461
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0782048
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03061
IRS990/DeferredRevenueGrp/EOYAmt03533
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt013605
IRS990/DepreciationDepletionGrp/ProgramServicesAmt040815
IRS990/DepreciationDepletionGrp/TotalAmt054420
IRS990/Desc0PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0568095
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06590
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt019770
IRS990/FeesForServicesAccountingGrp/TotalAmt026360
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt014103
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt042310
IRS990/FeesForServicesManagementGrp/TotalAmt056413
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt059240
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0177721
IRS990/FeesForServicesOtherGrp/TotalAmt0236961
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
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/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/PersonNm0GEORGE WEST II
IRS990/Form990PartVIISectionAGrp/PersonNm1KENNETH WEST
IRS990/Form990PartVIISectionAGrp/PersonNm2JANE WEST
IRS990/Form990PartVIISectionAGrp/PersonNm3LAVERNE WEST
IRS990/Form990PartVIISectionAGrp/PersonNm4JEANETTE WEST
IRS990/Form990PartVIISectionAGrp/PersonNm5CALVIN THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm6GERALDINE STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm7TREVA WEST
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0782048
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08179
IRS990/InsuranceGrp/ProgramServicesAmt024537
IRS990/InsuranceGrp/TotalAmt032716
IRS990/IntangibleAssetsGrp/BOYAmt06658
IRS990/IntangibleAssetsGrp/EOYAmt06356
IRS990/InterestGrp/ManagementAndGeneralAmt020814
IRS990/InterestGrp/ProgramServicesAmt062442
IRS990/InterestGrp/TotalAmt083256
IRS990/InvestmentIncomeGrp/ExclusionAmt0178
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0178
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01823249
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0784345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01015245
IRS990/LandBldgEquipCostOrOtherBssAmt02838494
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01693142
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01674882
IRS990/NetAssetsOrFundBalancesBOYAmt0-279756
IRS990/NetAssetsOrFundBalancesEOYAmt0-255169
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt021245
IRS990/OccupancyGrp/ProgramServicesAmt063736
IRS990/OccupancyGrp/TotalAmt084981
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04732
IRS990/OfficeExpensesGrp/ProgramServicesAmt014194
IRS990/OfficeExpensesGrp/TotalAmt018926
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0754246
IRS990/OtherAssetsTotalGrp/EOYAmt0410199
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01608
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04822
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06430
IRS990/OtherLiabilitiesGrp/BOYAmt0172005
IRS990/OtherLiabilitiesGrp/EOYAmt0158563
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0ENTITY REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt070
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070
IRS990/OtherRevenueTotalAmt070
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036165
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0108494
IRS990/OtherSalariesAndWagesGrp/TotalAmt0144659
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02987
IRS990/PayrollTaxesGrp/ProgramServicesAmt08961
IRS990/PayrollTaxesGrp/TotalAmt011948
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05877
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01361
IRS990/PrincipalOfficerNm0GEORGE WEST II
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT AND COLLECTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0781800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0781800
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-13470
IRS990/PYOtherExpensesAmt0586754
IRS990/PYProgramServiceRevenueAmt0766832
IRS990/PYRevenuesLessExpensesAmt0-13025
IRS990/PYSalariesCompEmpBnftPaidAmt0179633
IRS990/PYTotalExpensesAmt0766387
IRS990/PYTotalRevenueAmt0753362
IRS990/ReconcilationRevenueExpnssAmt024587
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0781800
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ENTITY REVENUE 70
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0383
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0635
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0674
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01577
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03447
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0781800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0766832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0743706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0718393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0733425
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03744156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0635
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0674
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01577
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03447
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt070
IRS990ScheduleA/OtherIncome509Grp/TotalAmt070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt03744156
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0781800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0766832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0743706
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0718393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0733425
IRS990ScheduleA/Total509Grp/TotalAmt03744156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0782048
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0767215
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0744341
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0719067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0735002
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03747673
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0720124
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01823249
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02543373
IRS990ScheduleD/EquipmentGrp/BookValueAmt0201533
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0201533
IRS990ScheduleD/ExpensesSubtotalAmt0757461
IRS990ScheduleD/LandGrp/BookValueAmt093588
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt093588
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0320794
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt171132
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt218273
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0141367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST ON OTHER NOTES PAY LONG TER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0782048
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01015245
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0410199
IRS990ScheduleD/TotalExpensesPerForm990Amt0757461
IRS990ScheduleD/TotalLiabilityAmt0158563
IRS990ScheduleD/TotalRevenuePerForm990Amt0782048
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0782048
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0757461
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GEORGE WEST, II KENNETH WEST CHAIRMAN MEMBER SIBLINGS GEORGE WEST, II JEANETTE WEST CHAIRMAN MEMBER SPOUSE GEORGE WEST II TREVA WEST CHAIRMAN MEMBER BROTHER-IN-LAW GEORGE WEST II LAVERNE WEST CHAIRMAN MEMBER UNCLE GEORGE WEST II JANE WEST CHAIRMAN MEMBER FAMILY MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAY-TO-DAY OPERATIONS ARE DELEGATED TO AN INDEPENDENT 3RD PARTY MANAGEMENT COMPANY, UNITED PROPERTIES MANAGEMENT,INC., WHO HAS BEEN APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE FIVE, AT LEAST TWO OF WHOM SHALL BE MEMBERS OF THE QUINN CHAPEL AFRICAN METHODIST EPISCOPAL CHURCH. THE DIRECTORS SHALL BE ELECTED OR RE-ELECTED EACH FOR A 5-YEAR TERM BY THE BOARD OF DIRECTORS. THE ELECTION OF DIRECTORS SHALL BE AS PROVIDED IN THE BY-LAWS OF THE CORPORATION. AT THE EXPIRATION OF THE DIRECTORS, THEY MAY BE RE-ELECTED. ANY VACANCY ON THE BOARD OF DIRECTORS BY REASON OF DEALTH, INCAPACITY, OR RESIGNATION SHALL BE FILLED BY THE REMAINDER OF THE DIRECTORS, THE NEW DIRECTOR SO NAMED SERVING FOR THE REMAINDER OF THE TERM OF THE DIRECTOR DYING, RESIGNING OR BECOMING INCAPACITATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX FORM 990 IS PREPARED BY AN EXTERNAL 3RD PARTY CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT AGENT AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RELATED PARTY TRANSACTIONS ARE DISCLOSED ANNUALLY IN THE AUDITED FINANCIAL STATEMENTS AND SUBMITTED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENT AND DISCLOSURES ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE MANAGEMENT AGENT AND APPROVAL BY THE BOARD OF DIRECTORS UNLESS MANDATED BY LEGALLY BY A REGULATORY 3RD PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS OFFICE 1,189 396 0 CONTRACTS 77,883 25,961 0 REAL ESTATE TAXES 31,207 10,402 0 INCENTIVE PERF FEE 407 136 0 R&M SUPPLIES 54,743 18,248 0 R&M 12,292 4,097 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01678732
IRS990/TotalAssetsEOYAmt01667108
IRS990/TotalAssetsGrp/BOYAmt01678732
IRS990/TotalAssetsGrp/EOYAmt01667108
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0189366
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0568095
IRS990/TotalFunctionalExpensesGrp/TotalAmt0757461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01958488
IRS990/TotalLiabilitiesEOYAmt01922277
IRS990/TotalLiabilitiesGrp/BOYAmt01958488
IRS990/TotalLiabilitiesGrp/EOYAmt01922277
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-279756
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-255169
IRS990/TotalProgramServiceExpensesAmt0568095
IRS990/TotalProgramServiceRevenueAmt0781800
IRS990/TotalRevenueGrp/ExclusionAmt0178
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0781870
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0782048
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01678732
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01667108
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-279756
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-255169
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07302 RAMBLEWOOD DR
IRS990/USAddress/CityNm0GARLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075044
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE WEST II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF THE BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum05012800037
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEST APARTMENTSINC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0710431564
ReturnHeader/Filer/PhoneNum05012800037
ReturnHeader/Filer/USAddress/AddressLine1Txt08101 I-30 SUITE A
ReturnHeader/Filer/USAddress/CityNm0LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274290628
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE KEMP FIRM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08101 I-30 STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$1.24$0.64$1.04$0.97$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.98$1.45$0.53$1.01$1.00$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.88$1.37$0.50$1.00$1.08$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.99$1.39$0.59$0.92$1.02$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.09$1.42$0.67$0.98$0.96$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.02$1.38$0.64$1.40$0.85$0.55
2019Detailed filing. Detailed filing data is available for this year.$1.72$1.64$0.07$0.87$0.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.79$1.71$0.09$0.84$0.73$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.75$1.77$0.03$0.84$0.72$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.70$1.89$0.20$0.80$0.74$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.67$1.92$0.26$0.78$0.76$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.68$1.96$0.28$0.75$0.77$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$2.11$0.27$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$1.98$0.36$0.74
2011Summary only. Only limited summary data is available for this year.$1.64$1.97$0.33$0.74$0.78$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits