Civic Intelligence

Black River Area Housing Development Corporation for Clay County

990 • Fiscal year 2016 • EIN 71-0586053

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 16, 2017

Organization ProfileN/A
1403 Hospital DrivePocahontas, AR 72455

(870) 892-4547

Siviq Scores

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

Liabilities / Assets

91st percentile

0.66x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

1.72x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

51st percentile

3.7%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$102,586

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 54.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

40th percentile

-2.4%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

-4.3%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$487,972

Down $12,249 (-2.4%) from 2015

Net Assets

Up

$165,095

Up $6,961 (+4.4%) from 2015

Liabilities

Down

$322,877

Down $19,210 (-5.6%) from 2015

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin51st percentile

Revenue

Down

$188,074

Down $8,551 (-4.3%) from 2015

Expenses

Down

$181,113

Down $3,190 (-1.7%) from 2015

Net Income

Down

$6,961

Down $5,361 (-44%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$600K$400K$200K$0Assets 2011: $499,193Liabilities 2011: $406,451Net Assets 2011: $92,7422011Assets 2012: $500,229Liabilities 2012: $392,504Net Assets 2012: $107,7252012Assets 2013: $496,565Liabilities 2013: $377,993Net Assets 2013: $118,5722013Assets 2014: $501,922Liabilities 2014: $356,110Net Assets 2014: $145,8122014Assets 2015: $500,221Liabilities 2015: $342,087Net Assets 2015: $158,1342015Assets 2016: $487,972Liabilities 2016: $322,877Net Assets 2016: $165,0952016Assets 2017: $485,383Liabilities 2017: $304,491Net Assets 2017: $180,8922017Assets 2018: $466,888Liabilities 2018: $280,321Net Assets 2018: $186,5672018Assets 2019: $458,036Liabilities 2019: $265,091Net Assets 2019: $192,9452019Assets 2020: $434,150Liabilities 2020: $234,262Net Assets 2020: $199,8882020Assets 2021: $497,254Liabilities 2021: $258,054Net Assets 2021: $239,2002021Assets 2022: $494,308Liabilities 2022: $209,124Net Assets 2022: $285,1842022Assets 2023: $531,177Liabilities 2023: $181,783Net Assets 2023: $349,3942023Assets 2024: $539,351Liabilities 2024: $141,671Net Assets 2024: $397,6802024

Highlighted filing

2016

Assets$487,972
Liabilities$322,877
Net Assets$165,095
Open 2016 Filing

Operations Trend

Revenue Growth42nd percentile

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

$300K$200K$100K$0Revenue 2011: $182,264Expenses 2011: $172,581Net Income 2011: $9,6832011Revenue 2012: $181,599Expenses 2012: $166,616Net Income 2012: $14,9832012Revenue 2013: $174,645Expenses 2013: $163,798Net Income 2013: $10,8472013Revenue 2014: $195,561Expenses 2014: $168,321Net Income 2014: $27,2402014Revenue 2015: $196,625Expenses 2015: $184,303Net Income 2015: $12,3222015Revenue 2016: $188,074Expenses 2016: $181,113Net Income 2016: $6,9612016Revenue 2017: $199,978Expenses 2017: $184,181Net Income 2017: $15,7972017Revenue 2018: $198,587Expenses 2018: $192,912Net Income 2018: $5,6752018Revenue 2019: $179,579Expenses 2019: $173,201Net Income 2019: $6,3782019Revenue 2020: $184,100Expenses 2020: $177,157Net Income 2020: $6,9432020Revenue 2021: $212,288Expenses 2021: $172,976Net Income 2021: $39,3122021Revenue 2022: $218,906Expenses 2022: $172,922Net Income 2022: $45,9842022Revenue 2023: $232,731Expenses 2023: $168,521Net Income 2023: $64,2102023Revenue 2024: $239,277Expenses 2024: $190,991Net Income 2024: $48,2862024

Highlighted filing

2016

Revenue$188,074
Expenses$181,113
Net Income$6,961
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 16, 2017
Return Version
2016v3.0
Gross Receipts
$188,074
Mission and Program Overview

Mission

To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and physchological needs, and to promote their health, security, happiness and usefulness in longer living, the charges for such facilities and services to be predicated upon the provision, maintenance and operating thereof on a nonprofit basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$246,021$257,285▲ $11,264
Land, Buildings, and Equipment, Net$230,563$214,494▼ $16,069
Cash and Non-Interest-Bearing Accounts$21,898$15,278▼ $6,620
Accounts Receivable$824$0▼ $824
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$500,221$487,972▼ $12,249
Other Assets Total$915$915→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$325,242$307,142▼ $18,100
Accounts Payable and Accrued Expenses$11,355$10,319▼ $1,036
Other Liabilities$5,490$5,416▼ $74
Total Liabilities$342,087$322,877▼ $19,210
Net Assets / Fund Balance
Unrestricted Net Assets$158,134$165,095▲ $6,961
Total Net Assets Fund Balance$158,134$165,095▲ $6,961
Total Liabilities and Net Assets / Fund Balance$500,221$487,972▼ $12,249

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$150,228$400,308$550,536
Land$48,000-$48,000
Equipment$9,350$16,213$25,563
Other Land Buildings$5,937$9,759$15,696
Leasehold Improvements$979$1,631$2,610
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim JansenDirector--$102,586$102,586
Hassel PattersonVice PresidentPT$13,284$30,617$43,901

Board Members and Trustees

NameTitle
Carol PhillipsPresident
Amanda TrevillionSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$106,503
Program Service Revenue
$78,526
Investment Income
$965
Other Revenue
$2,080
Change in Net Assets
$6,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,789
Salaries, Compensation, and Employee Benefits$37,324
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$29,191--$29,191
Depreciation Depletion$23,795--$23,795
Other Salaries and Wages-$17,020-$17,020
Current Officers, Directors, Trustees, and Key Employees-$13,284-$13,284
Fees for Services Management-$10,581-$10,581
Insurance$5,347--$5,347
Other Employee Benefits-$4,371-$4,371
Fees for Services Accounting-$3,107-$3,107
Payroll Taxes-$2,649-$2,649
Office Expenses-$2,185-$2,185
Other Expenses$17,320$1,674-$1,674
Advertising-$1,303-$1,303
Conferences and Meetings-$1,201-$1,201
All Other Expenses-$737-$737
Total Functional Expenses$123,001$58,112$0$181,113
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$5,416
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Jim Jansen is the Director of Black River Area Development Corporation. Hassel Patterson is the Accountant/Project Manager for the HUD Project managed by Black River Area Development Corporation.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The information on form 990 is pulled from the compilation report. A copy of the compilation is given to the Board of Directors and approved before the 990 is filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Compliance with the conflict of interest policy is monitored on a daily basis through various internal procedures. The Southwest Housing Compliance Corporation reviews daily operations.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Wage compensation studies are performed to determine pay scale and position chart recommendations. These recommendations are presented to the Board of Directors for approval.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Wage compensation studies are performed to determine pay scale and position chart recommendations. These recommendations are presented to the Board of Directors for approval.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, conflict of interst policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Black River Area Housing Development
EIN
71-0586053
Phone
8708924547
Address
1403 HOSPITAL DRIVE, POCAHONTAS, AR 72455

Signing Officer

Name
Jim Jansen
Title
Executive Director
Signed
2017-10-16
Discuss with paid preparer
Yes

Organization Details

Formed
1983
Legal Domicile
Ar
Voting Board Members
4
Independent Board Members
2
Employees
0

Preparer

Firm
Welch Couch & Company PA
Address
410 Barnett Dr, Batesville, AR 72501
Preparer
John Ed Welch
Phone
8707935231
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Project is exempt from federal income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Project is subject to federal income tax on any unrelated business taxable income. Management regularly reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements. The Project is required to file, as a tax exempt organization; an IRS Form 990 which will be open for review by relevant taxing authorities for a period of three years from the later of the date the returns were filed or the returns were due (including approved extensions).”

Raw XML AppendixShowing 400 of 543 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011355
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010319
IRS990/AccountsReceivableGrp/BOYAmt0824
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and physchological needs, and to promote their health, security, happiness and usefulness in longer living, the charges for such facilities and services to be predicated upon the provision, maintenance and operating thereof on a nonprofit basis.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01303
IRS990/AdvertisingGrp/TotalAmt01303
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0737
IRS990/AllOtherExpensesGrp/TotalAmt0737
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0HASSEL PATTERSON
IRS990/BooksInCareOfDetail/PhoneNum08708924547
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01403 HOSPITAL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0POCAHONTAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072455
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt021898
IRS990/CashNonInterestBearingGrp/EOYAmt015278
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013284
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt013284
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01201
IRS990/ConferencesMeetingsGrp/TotalAmt01201
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0106503
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0965
IRS990/CYOtherExpensesAmt0143789
IRS990/CYOtherRevenueAmt02080
IRS990/CYProgramServiceRevenueAmt078526
IRS990/CYRevenuesLessExpensesAmt06961
IRS990/CYSalariesCompEmpBnftPaidAmt037324
IRS990/CYTotalExpensesAmt0181113
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0188074
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt023795
IRS990/DepreciationDepletionGrp/TotalAmt023795
IRS990/Desc0To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and physchological needs, and to promote their health, security, happiness and usefulness in longer living, the charges for such facilities and services to be predicated upon the provision, maintenance and opeartiong thereof on a nonprofit basis.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0123001
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03107
IRS990/FeesForServicesAccountingGrp/TotalAmt03107
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010581
IRS990/FeesForServicesManagementGrp/TotalAmt010581
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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/PersonNm0CAROL PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm1HASSEL PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2AMANDA TREVILLION
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM JANSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt113284
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3102586
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0106503
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0188074
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt05347
IRS990/InsuranceGrp/TotalAmt05347
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt029191
IRS990/InterestGrp/TotalAmt029191
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0965
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0965
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0427911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0230563
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0214494
IRS990/LandBldgEquipCostOrOtherBssAmt0642405
IRS990/LegalDomicileStateCd0AR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and physchological needs, and to promote their health, security, happiness and usefulness in longer living, the charges for such facilities and services to be predicated upon the provision, maintenance and operating thereof on a nonprofit basis.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0325242
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0307142
IRS990/NetAssetsOrFundBalancesBOYAmt0158134
IRS990/NetAssetsOrFundBalancesEOYAmt0165095
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02185
IRS990/OfficeExpensesGrp/TotalAmt02185
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0915
IRS990/OtherAssetsTotalGrp/EOYAmt0915
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04371
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04371
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2HUD SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01674
IRS990/OtherExpensesGrp/ProgramServicesAmt028848
IRS990/OtherExpensesGrp/ProgramServicesAmt118500
IRS990/OtherExpensesGrp/ProgramServicesAmt217320
IRS990/OtherExpensesGrp/TotalAmt028848
IRS990/OtherExpensesGrp/TotalAmt118500
IRS990/OtherExpensesGrp/TotalAmt217320
IRS990/OtherExpensesGrp/TotalAmt31674
IRS990/OtherLiabilitiesGrp/BOYAmt05490
IRS990/OtherLiabilitiesGrp/EOYAmt05416
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01381
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1699
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01381
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1699
IRS990/OtherRevenueTotalAmt02080
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017020
IRS990/OtherSalariesAndWagesGrp/TotalAmt017020
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02649
IRS990/PayrollTaxesGrp/TotalAmt02649
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt078526
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt078526
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128704
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0618
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0158728
IRS990/PYOtherRevenueAmt01448
IRS990/PYProgramServiceRevenueAmt065855
IRS990/PYRevenuesLessExpensesAmt012322
IRS990/PYSalariesCompEmpBnftPaidAmt025575
IRS990/PYTotalExpensesAmt0184303
IRS990/PYTotalRevenueAmt0196625
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06961
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0246021
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0257285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0106503
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0128704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0129057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0124768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0610597
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0965
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0618
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0978
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03761
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01448
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01666
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01841
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01586
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08621
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98010
IRS990ScheduleA/PublicSupportPY170Pct00.98120
IRS990ScheduleA/PublicSupportTotal170Amt0610597
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0106503
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0128704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0129057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0121565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0124768
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0610597
IRS990ScheduleA/TotalSupportAmt0622979
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0150228
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0400308
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0550536
IRS990ScheduleD/EquipmentGrp/BookValueAmt09350
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025563
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt048000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0979
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01631
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02610
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05937
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09759
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05416
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Project is exempt from federal income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Project is subject to federal income tax on any unrelated business taxable income. Management regularly reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements. The Project is required to file, as a tax exempt organization; an IRS Form 990 which will be open for review by relevant taxing authorities for a period of three years from the later of the date the returns were filed or the returns were due (including approved extensions).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0214494
IRS990ScheduleD/TotalLiabilityAmt05416
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Jim Jansen is the Director of Black River Area Development Corporation. Hassel Patterson is the Accountant/Project Manager for the HUD Project managed by Black River Area Development Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The information on form 990 is pulled from the compilation report. A copy of the compilation is given to the Board of Directors and approved before the 990 is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compliance with the conflict of interest policy is monitored on a daily basis through various internal procedures. The Southwest Housing Compliance Corporation reviews daily operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Wage compensation studies are performed to determine pay scale and position chart recommendations. These recommendations are presented to the Board of Directors for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Wage compensation studies are performed to determine pay scale and position chart recommendations. These recommendations are presented to the Board of Directors for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, conflict of interst policy, and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CORNING ILC 30-0229364
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BRAD - LAWRENCE COUNTY 71-0586047
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2BRAD HOXIE AREA DEVELOPMNET 58-1736418
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3BLACK ROCK AREA DEVELOPMENT 58-1736420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4BRAD- GROUP HOME 58-1736420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5PIGGOTT HOUSING DEVELOPMENT 71-0597729
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6BLACK RIVER AREA DEVELOPMENT 71-0387337
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300229364
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1710586047
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2581736418
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3581736417
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4581736420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5710597729
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6710387337
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501 (c) 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5LOW INCOME HOUSING

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$487,972
Liabilities
$322,877
Net assets
$165,095
Revenue
$188,074
Expenses
$181,113
Net income
$6,961
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.39$1.42$3.98$2.39$1.91$0.48
2023Detailed filing. Detailed filing data is available for this year.$5.31$1.82$3.49$2.33$1.69$0.64
2022Detailed filing. Detailed filing data is available for this year.$4.94$2.09$2.85$2.19$1.73$0.46
2021Detailed filing. Detailed filing data is available for this year.$4.97$2.58$2.39$2.12$1.73$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.34$2.34$2.00$1.84$1.77$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.58$2.65$1.93$1.80$1.73$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.67$2.80$1.87$1.99$1.93$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.85$3.04$1.81$2.00$1.84$0.16
2016Detailed filing. Detailed filing data is available for this year.$4.88$3.23$1.65$1.88$1.81$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.00$3.42$1.58$1.97$1.84$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.02$3.56$1.46$1.96$1.68$0.27
2013Detailed filing. Detailed filing data is available for this year.$4.97$3.78$1.19$1.75$1.64$0.11
2012Summary only. Only limited summary data is available for this year.$5.00$3.93$1.08$1.82$1.67$0.15
2011Summary only. Only limited summary data is available for this year.$4.99$4.06$0.93$1.82$1.73$0.10