Civic Intelligence

Christopher Inn Apartments

990 • Fiscal year 2013 • EIN 72-0764648

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 03, 2014

1000 Howard Avenue 100New Orleans, LA 70113

(504) 596-3460

Siviq Scores

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

Liabilities / Assets

68th percentile

0.32x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

83rd percentile

0.96x

Higher debt load relative to revenue than 83% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

33rd percentile

-2.4%

Higher net margin than 33% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

77th percentile

$111,663

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$3,553,841

Down $62,815 (-1.7%) from 2012

Net Assets

Down

$2,415,891

Down $27,908 (-1.1%) from 2012

Liabilities

Down

$1,137,950

Down $34,907 (-3.0%) from 2012

Revenue

$1,182,473

No earlier filing loaded for comparison.

Expenses

Up

$1,210,381

Up $84,622 (+7.5%) from 2012

Net Income

-$27,908

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,765,719Liabilities 2010: $1,595,856Net Assets 2010: $169,8632010Assets 2011: $2,989,518Liabilities 2011: $2,029,307Net Assets 2011: $960,2112011Assets 2012: $3,616,656Liabilities 2012: $1,172,857Net Assets 2012: $2,443,7992012Assets 2013: $3,553,841Liabilities 2013: $1,137,950Net Assets 2013: $2,415,8912013Assets 2014: $5,417,556Liabilities 2014: $3,012,156Net Assets 2014: $2,405,4002014Assets 2015: $5,600,881Liabilities 2015: $3,332,278Net Assets 2015: $2,268,6032015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2013

Assets$3,553,841
Liabilities$1,137,950
Net Assets$2,415,891

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $940,2042010Expenses 2011: $947,3472011Expenses 2012: $1,125,7592012Revenue 2013: $1,182,473Expenses 2013: $1,210,381Net Income 2013: -$27,9082013Revenue 2014: $1,190,955Expenses 2014: $1,201,446Net Income 2014: -$10,4912014Revenue 2015: $1,148,769Expenses 2015: $1,285,566Net Income 2015: -$136,7972015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2013

Revenue$1,182,473
Expenses$1,210,381
Net Income-$27,908
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 3, 2014
Return Version
2013v3.1
Gross Receipts
$1,182,473
Mission and Program Overview

Mission

Provides housing for elderly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud.

Provides housing for edlerly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,805,497$2,670,875▼ $134,622
Cash and Non-Interest-Bearing Accounts$29,111$63,919▲ $34,808
Accounts Receivable$5,812$2,789▼ $3,023
Prepaid Expenses and Deferred Charges$3,906$1,801▼ $2,105
Savings and Temporary Cash Investments-$0-
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-
Total Assets$3,616,656$3,553,841▼ $62,815
Other Assets Total$772,330$814,457▲ $42,127
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,002,929$933,397▼ $69,532
Accounts Payable and Accrued Expenses$66,520$97,583▲ $31,063
Deferred Revenue$60,217$63,273▲ $3,056
Other Liabilities$43,191$43,697▲ $506
Total Liabilities$1,172,857$1,137,950▼ $34,907
Net Assets / Fund Balance
Unrestricted Net Assets$2,443,799$2,415,891▼ $27,908
Total Net Assets Fund Balance$2,443,799$2,415,891▼ $27,908
Total Liabilities and Net Assets / Fund Balance$3,616,656$3,553,841▼ $62,815

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,291,877$2,555,259$4,847,136
Equipment$118,323$698,331$816,654
Other Land Buildings$101,813$234,779$336,592
Land$158,862-$158,862
Other Assets Org$44,197--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Deacon Dennis F AdamsExecutive Direc$111,663$111,663

Board Members and Trustees

NameTitle
Most Rev G M AymondPresident
John EckholdtSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,182,114
Investment Income
$359
Other Revenue
$0
Change in Net Assets
$-27,908

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,182,473
Total Revenue per Audited Statements
$1,182,473
Total Revenue per Form 990
$1,182,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$909,483
Salaries, Compensation, and Employee Benefits$300,898
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$267,958--$267,958
Occupancy$260,685--$260,685
Other Salaries and Wages$231,348--$231,348
Fees for Services Management-$64,122-$64,122
Other Employee Benefits$52,109--$52,109
Office Expenses$22,698--$22,698
Payroll Taxes$17,441--$17,441
Fees for Services Accounting-$16,838-$16,838
Insurance$9,395--$9,395
Conferences and Meetings$3,663--$3,663
Fees for Services Legal-$3,498-$3,498
Interest$1,935--$1,935
Advertising$585--$585
Other Expenses$245--$245
Total Functional Expenses$1,125,923$84,458$0$1,210,381

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,210,381
Total Expenses per Audited Statements$1,210,381
Total Expenses per Form 990$1,210,381
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
Tenant Security Deposits$43,697
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Christopher homes, inc. Is the management agent.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The archbishop or administrator of the archdiocese of new orleans shall be a member of the corporation.

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

Form 990 is not provided to the organization's governing body prior to filing but is reviewed by the organization's managing agent.

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

The governing board meets annually and discusses any possible conflicts of interest.

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

The board of directors of the management company reviews and authorizes the process for determining compensation for the executive director of the management company.

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

Upon request, at office of managing agent:christopher homes, inc.1000 howard avenue, suite 100new orleans, la 70113

Form 990, Part VI, Line 15B

The organization does not compensate officers and has no employees. Salaries and wages, other employee benefits, and payroll taxes shown on this return are reimbursements of such expenses incurred by the organization's managing agent and reimbursed by the organization to the agent.

Filing and Contact Details

Filer

EIN
72-0764648
Phone
5045963460

Signing Officer

Name
Deacon Dennis F Adams
Title
Executive Director
Signed
2014-06-03
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
La
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Preparer
William B Beale
Phone
2259263360
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0963655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0879847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05230514
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0359
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0183
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IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00030
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0121089
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0121089
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.97700
IRS990ScheduleA/PublicSupportPY509Pct00.95690
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0963655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0879847
IRS990ScheduleA/Total509Grp/TotalAmt05230514
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01182473
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05353492
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02291877
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02555259
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04847136
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118323
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0698331
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0816654
IRS990ScheduleD/ExpensesSubtotalAmt01210381
IRS990ScheduleD/LandGrp/BookValueAmt0158862
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0158862
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1743760
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244197
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0101813
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0234779
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0336592
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043697
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01182473
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02670875
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0814457
IRS990ScheduleD/TotalExpensesPerForm990Amt01210381
IRS990ScheduleD/TotalLiabilityAmt043697
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTOPHER HOMES, INC. IS THE MANAGEMENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ARCHBISHOP OR ADMINISTRATOR OF THE ARCHDIOCESE OF NEW ORLEANS SHALL BE A MEMBER OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING BUT IS REVIEWED BY THE ORGANIZATION'S MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BOARD MEETS ANNUALLY AND DISCUSSES ANY POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS OF THE MANAGEMENT COMPANY REVIEWS AND AUTHORIZES THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST, AT OFFICE OF MANAGING AGENT:CHRISTOPHER HOMES, INC.1000 HOWARD AVENUE, SUITE 100NEW ORLEANS, LA 70113
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT COMPENSATE OFFICERS AND HAS NO EMPLOYEES. SALARIES AND WAGES, OTHER EMPLOYEE BENEFITS, AND PAYROLL TAXES SHOWN ON THIS RETURN ARE REIMBURSEMENTS OF SUCH EXPENSES INCURRED BY THE ORGANIZATION'S MANAGING AGENT AND REIMBURSED BY THE ORGANIZATION TO THE AGENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, LINE 15B
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10ROMAN CATHOLIC ARCHDIOCESE NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11CHRISTOPHER HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0720408966
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1720684725
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CATHOLIC MINISTRIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine107887 WAMSLEY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine111000 HOWARD AVE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1NEW ORLEANS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode070125
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode170113
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
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IRS990/SchoolOperatingInd0false
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