Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
52nd percentile
Higher top officer pay than 52% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Down$650,479
Down $15,066 (-2.3%) from 2020
Net Assets
Down$623,890
Down $13,026 (-2.0%) from 2020
Liabilities
Down$26,589
Down $2,040 (-7.1%) from 2020
Revenue
Down$159,007
Down $1,991 (-1.2%) from 2020
Expenses
Down$172,031
Down $6,356 (-3.6%) from 2020
Net Income
Up-$13,024
Up $4,365 (+25%) from 2020
Provide low-income housing to persons with disabilities located in helena, arkansas in accourdance with u.s. Department of housing and urban development.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $464,585 | $437,461 | ▼ $27,124 |
| Cash and Non-Interest-Bearing Accounts | $845 | $1,586 | ▲ $741 |
| Accounts Receivable | $636 | $1,162 | ▲ $526 |
| Total Assets | $665,545 | $650,479 | ▼ $15,066 |
| Other Assets Total | $199,479 | $210,270 | ▲ $10,791 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $24,223 | $22,332 | ▼ $1,891 |
| Other Liabilities | $4,352 | $4,195 | ▼ $157 |
| Deferred Revenue | $54 | $62 | ▲ $8 |
| Total Liabilities | $28,629 | $26,589 | ▼ $2,040 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,007,919 | $1,007,919 | → $0 |
| Net Assets Without Donor Restrictions | $-371,003 | $-384,029 | ▼ $13,026 |
| Total Net Assets Fund Balance | $636,916 | $623,890 | ▼ $13,026 |
| Total Liabilities and Net Assets / Fund Balance | $665,545 | $650,479 | ▼ $15,066 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $387,642 | $636,129 | $1,023,771 |
| Land | $49,819 | - | $49,819 |
| Equipment | - | $11,089 | $11,089 |
| Other Assets Org | $4,368 | - | - |
| Name | Title |
|---|---|
| C Carl Schultz | President |
| Cynthia Wheeler | Secretary |
| Jeffrey Owens | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $141,919 |
| Salaries, Compensation, and Employee Benefits | $30,112 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $31,979 | - | - | $31,979 |
| Other Salaries and Wages | $27,951 | - | - | $27,951 |
| Depreciation Depletion | $27,123 | - | - | $27,123 |
| Fees for Services Management | - | $18,622 | - | $18,622 |
| All Other Expenses | $17,288 | $187 | - | $17,475 |
| Insurance | $8,786 | - | - | $8,786 |
| Fees for Services Accounting | - | $8,587 | - | $8,587 |
| Office Expenses | $6,368 | - | - | $6,368 |
| Other Expenses | $4,653 | - | - | $4,653 |
| Payroll Taxes | $2,161 | - | - | $2,161 |
| Conferences and Meetings | - | $133 | - | $133 |
| Total Functional Expenses | $144,502 | $27,529 | $0 | $172,031 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $172,033 |
| Expenses per Audited Statements | $172,031 |
| Total Expenses per Form 990 | $172,031 |
| Expenses Not Reported on Form 990 | $2 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Arkansas Cons Payroll Processing | Owner | Payroll | No | $36,615 |
| Intrepid Management Inc | Owner | Management Agent | Yes | $18,626 |
| Certified Heat Air | Sibling | Heat and Air Repair | No | $9,695 |
| United Properties Management Inc | Owner | Admin Services | No | $1,692 |
| Intrepid Investments Inc | Owner | Background Checks | No | $84 |
| Liability | Amount |
|---|---|
| Tenant Security Dep (contra) | $4,195 |
“C. Carl schultz cynthia wheeler president secretary siblings c. Carl schultz jeffrey owens president treasurer employer and employee”
“Day-to-day operations have been delegated to a management agent, intrepid management, inc., who has been approved by the u.s. Department of housing and urban development.”
“The number of directors of the corporation shall be three (3), who shall elect their successors, in the event of a vacancy, and who shall elect the officers of the corporation. All directors and officers shall serve one year terms, but shall serve until their successors are elected.”
“Form 990 prepared by an external cpa firm and provided to the board of directors for review and approval prior to filing.”
“All related party transactions are disclosed in the annual financial report which is submitted to the u.s. Department of housing and urban development for review and approval.”
“Documentation is not available for public view but can be made available upon written request.”
“Supplies-appliances 3,902 0 0 repair materials 3,657 0 0 contracts-repairs 2,452 0 0 contracts-exterminating 2,287 0 0 heating/cooling maint 2,147 0 0 contracts-it services 1,422 0 0 auto fuel 612 0 0 contracts - payroll/human 266 0 0 supplies-paint 262 0 0 service and late fees 0 145 0 contracts-plumbing 120 0 0 other renting expenses 86 0 0 contracts-misc 72 0 0 bad debts 0 51 0 misc taxes, lic, permit a 3 0 0 bank service charges/nsf 0 -9 0 total 17,288 187 0”
“Book / tax depreciation difference -2”
“Book / tax depreciation difference 2”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 24223 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 22332 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 636 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1162 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 187 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 17288 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 17475 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | INTREPID MANAGEMENT INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5102800037 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8101 INTERSTATE 30 SUITE A |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72209 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 845 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1586 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 133 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 133 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 169 |
| IRS990/CYOtherExpensesAmt | 0 | 141919 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 158838 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -13024 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 30112 |
| IRS990/CYTotalExpensesAmt | 0 | 172031 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 159007 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 54 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 62 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 27123 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 27123 |
| IRS990/Desc | 0 | PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1007919 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1007919 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 144502 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8587 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8587 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 18622 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 18622 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JEFFREY OWENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | C CARL SCHULTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CYNTHIA WHEELER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 159007 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 8786 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8786 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 169 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 169 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 647218 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 464585 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 437461 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1084679 |
| IRS990/LegalDomicileStateCd | 0 | AR |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 636916 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 623890 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -371003 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -384029 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 31979 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 31979 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 6368 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6368 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 199479 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 210270 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -2 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTS-GROUNDS |
| IRS990/OtherExpensesGrp/Desc | 1 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | REHAB |
| IRS990/OtherExpensesGrp/Desc | 3 | GARBAGE AND TRASH REMOVAL |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 6722 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 6697 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 4774 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4653 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6722 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6697 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4774 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4653 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4352 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4195 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 27951 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 27951 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 2161 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 2161 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | C CARL SCHULTZ |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | NET RENTAL REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TENANT CHARGES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | LAUNDRY AND VENDING REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 157457 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 815 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 566 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 157457 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 815 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 566 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 186 |
| IRS990/PYOtherExpensesAmt | 0 | 141768 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 160812 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -17389 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 36619 |
| IRS990/PYTotalExpensesAmt | 0 | 178387 |
| IRS990/PYTotalRevenueAmt | 0 | 160998 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -13024 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 158838 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | MISCELLANEOUS REVENUE 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART III, LINE 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 169 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 186 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 161 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 130 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 129 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 775 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 158838 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 160812 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 155601 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 158213 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 153692 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 787156 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 169 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 186 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 161 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 130 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 129 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 775 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99900 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99910 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 787156 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 158838 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 160812 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 155601 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 158213 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 153692 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 787156 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 159007 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 160998 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 155762 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 158343 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 153821 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 787931 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 387642 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 636129 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1023771 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 11089 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 11089 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 2 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 172031 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 49819 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 49819 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 186218 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 13668 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 6016 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 4368 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESERVE FOR REPLACEMENT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | ESCROW ACCOUNTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | SECURITY DEPOSIT CASH |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 2 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4195 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEP (CONTRA) |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 159007 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | BOOK / TAX DEPRECIATION DIFFERENCE 2 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 437461 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 210270 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 172031 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4195 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 159007 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 159007 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 172033 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | INTREPID INVESTMENTS INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | INTREPID MANAGEMENT INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 2 | UNITED PROPERTIES MANAGEMENT INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 3 | ARKANSAS CONS PAYROLL PROCESSING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 4 | CERTIFIED HEAT AIR |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 4 | SIBLING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | true |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 4 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 84 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 18626 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 2 | 1692 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 3 | 36615 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 4 | 9695 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | BACKGROUND CHECKS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | MANAGEMENT AGENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | ADMIN SERVICES |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | PAYROLL |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 4 | HEAT AND AIR REPAIR |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | C. CARL SCHULTZ AND CYNTHIA WHEELER ARE SIBLINGS AND OFFICERS OF THE ENTITY. THEY ARE OWNERS OF INTREPID INVESTMENTS, INC. AND INTREPID MANAGEMENT, INC. C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS AN OWNER OF UNITED PROPERTIES MANAGEMENT, INC. C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS SOLE OWNER OF ARKANSAS CONSOLIDATED PAYROLL PROCESSING. SERVICES PROVIDED INCLUDE PAYROLL PROCESSING AND LEASING OF EMPLOYEES. C. CARL SCHULTZ IS THE PRESIDENT OF THE ENTITY. HIS BROTHER IS THE SOLE OWNER OF CERTIFIED HEAT & AIR. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | C. CARL SCHULTZ CYNTHIA WHEELER PRESIDENT SECRETARY SIBLINGS C. CARL SCHULTZ JEFFREY OWENS PRESIDENT TREASURER EMPLOYER AND EMPLOYEE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DAY-TO-DAY OPERATIONS HAVE BEEN DELEGATED TO A MANAGEMENT AGENT, INTREPID MANAGEMENT, INC., WHO HAS BEEN APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE THREE (3), WHO SHALL ELECT THEIR SUCCESSORS, IN THE EVENT OF A VACANCY, AND WHO SHALL ELECT THE OFFICERS OF THE CORPORATION. ALL DIRECTORS AND OFFICERS SHALL SERVE ONE YEAR TERMS, BUT SHALL SERVE UNTIL THEIR SUCCESSORS ARE ELECTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 PREPARED BY AN EXTERNAL CPA FIRM AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ALL RELATED PARTY TRANSACTIONS ARE DISCLOSED IN THE ANNUAL FINANCIAL REPORT WHICH IS SUBMITTED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DOCUMENTATION IS NOT AVAILABLE FOR PUBLIC VIEW BUT CAN BE MADE AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SUPPLIES-APPLIANCES 3,902 0 0 REPAIR MATERIALS 3,657 0 0 CONTRACTS-REPAIRS 2,452 0 0 CONTRACTS-EXTERMINATING 2,287 0 0 HEATING/COOLING MAINT 2,147 0 0 CONTRACTS-IT SERVICES 1,422 0 0 AUTO FUEL 612 0 0 CONTRACTS - PAYROLL/HUMAN 266 0 0 SUPPLIES-PAINT 262 0 0 SERVICE AND LATE FEES 0 145 0 CONTRACTS-PLUMBING 120 0 0 OTHER RENTING EXPENSES 86 0 0 CONTRACTS-MISC 72 0 0 BAD DEBTS 0 51 0 MISC TAXES, LIC, PERMIT A 3 0 0 BANK SERVICE CHARGES/NSF 0 -9 0 TOTAL 17,288 187 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BOOK / TAX DEPRECIATION DIFFERENCE -2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 665545 |
| IRS990/TotalAssetsEOYAmt | 0 | 650479 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 665545 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 650479 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 27529 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 144502 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 172031 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 28629 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 26589 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 28629 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 26589 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 636916 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 623890 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 144502 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 158838 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 169 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 158838 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 159007 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 665545 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 650479 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 8101 INTERSTATE 30 SUITE A |
| IRS990/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/USAddress/ZIPCd | 0 | 72209 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | C CARL SCHULTZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5012800037 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FIRST STEP APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FIRS |
| ReturnHeader/Filer/EIN | 0 | 710773527 |
| ReturnHeader/Filer/PhoneNum | 0 | 5012800037 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8101 INTERSTATE 30 SUITE A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LITTLE ROCK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72209 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 621868414 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FLEET FIRM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 759 TEALWOOD LN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CORDOVA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 380186334 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9013364602 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-09-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NELSON K FLEET CPA |
| ReturnHeader/ReturnTs | 0 | 2021-09-22T17:17:14-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | C CARL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SCHULTZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.