Civic Intelligence

Independence Hill Inc.

990 • Fiscal year 2021 • EIN 72-1545927

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 24, 2022

Organization ProfileWWW.MERCYHOUSING.ORG
1600 Broadway Suite 2000Denver, CO 80202-5704

(303) 830-3300

Siviq Scores

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

Liabilities / Assets

84th percentile

0.44x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

2.01x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

98th percentile

$366,859

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 223.7% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

14th percentile

-6.7%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

0.8%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$757,201

Down $54,771 (-6.7%) from 2020

Net Assets

Down

$427,447

Down $57,807 (-12%) from 2020

Liabilities

Up

$329,754

Up $3,036 (+0.9%) from 2020

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin8th percentile

Revenue

Up

$163,993

Up $1,313 (+0.8%) from 2020

Expenses

Up

$221,800

Up $33,280 (+18%) from 2020

Net Income

Down

-$57,807

Down $31,967 (-124%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,246,358Liabilities 2010: $19,377Net Assets 2010: $1,226,9812010Assets 2011: $1,190,149Liabilities 2011: $22,589Net Assets 2011: $1,167,5602011Assets 2012: $1,135,259Liabilities 2012: $311,902Net Assets 2012: $823,3572012Assets 2013: $1,087,181Liabilities 2013: $317,902Net Assets 2013: $769,2792013Assets 2014: $1,034,127Liabilities 2014: $322,325Net Assets 2014: $711,8022014Assets 2015: $980,307Liabilities 2015: $309,580Net Assets 2015: $670,7272015Assets 2016: $946,387Liabilities 2016: $312,536Net Assets 2016: $633,8512016Assets 2017: $895,040Liabilities 2017: $308,204Net Assets 2017: $586,8362017Assets 2018: $862,035Liabilities 2018: $314,242Net Assets 2018: $547,7932018Assets 2019: $840,349Liabilities 2019: $329,255Net Assets 2019: $511,0942019Assets 2020: $811,972Liabilities 2020: $326,718Net Assets 2020: $485,2542020Assets 2021: $757,201Liabilities 2021: $329,754Net Assets 2021: $427,4472021Assets 2022: $704,340Liabilities 2022: $321,930Net Assets 2022: $382,4102022Assets 2023: $692,184Liabilities 2023: $354,234Net Assets 2023: $337,9502023Assets 2024: $642,898Liabilities 2024: $317,973Net Assets 2024: $324,9252024

Highlighted filing

2021

Assets$757,201
Liabilities$329,754
Net Assets$427,447
Open 2021 Filing

Operations Trend

Revenue Growth36th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $137,5222010Expenses 2011: $147,1232011Expenses 2012: $155,3192012Revenue 2013: $97,740Expenses 2013: $151,818Net Income 2013: -$54,0782013Revenue 2014: $106,245Expenses 2014: $163,722Net Income 2014: -$57,4772014Revenue 2015: $98,220Expenses 2015: $139,295Net Income 2015: -$41,0752015Revenue 2016: $115,582Expenses 2016: $152,458Net Income 2016: -$36,8762016Revenue 2017: $114,202Expenses 2017: $161,217Net Income 2017: -$47,0152017Revenue 2018: $137,990Expenses 2018: $177,033Net Income 2018: -$39,0432018Revenue 2019: $141,467Expenses 2019: $178,166Net Income 2019: -$36,6992019Revenue 2020: $162,680Expenses 2020: $188,520Net Income 2020: -$25,8402020Revenue 2021: $163,993Expenses 2021: $221,800Net Income 2021: -$57,8072021Revenue 2022: $174,640Expenses 2022: $219,677Net Income 2022: -$45,0372022Revenue 2023: $194,746Expenses 2023: $239,206Net Income 2023: -$44,4602023Revenue 2024: $199,526Expenses 2024: $212,551Net Income 2024: -$13,0252024

Highlighted filing

2021

Revenue$163,993
Expenses$221,800
Net Income-$57,807
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 24, 2022
Return Version
2021v4.2
Gross Receipts
$163,993
Mission and Program Overview

Mission

To provide housing facilities and services to low-income elderly and handicapped persons.

To provide housing facilities and services to low-income elderly and handicapped persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$693,344$634,064▼ $59,280
Cash and Non-Interest-Bearing Accounts$27,424$30,650▲ $3,226
Prepaid Expenses and Deferred Charges$2,714$3,511▲ $797
Accounts Receivable$6,281$1,635▼ $4,646
Total Assets$811,972$757,201▼ $54,771
Other Assets Total$82,209$87,341▲ $5,132
Liabilities
Mortgage Notes Payable Secured by Investment Property$290,000$290,000→ $0
Accounts Payable and Accrued Expenses$32,620$32,257▼ $363
Deferred Revenue$489$3,885▲ $3,396
Other Liabilities$3,609$3,612▲ $3
Total Liabilities$326,718$329,754▲ $3,036
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$485,254$427,447▼ $57,807
Total Net Assets Fund Balance$485,254$427,447▼ $57,807
Total Liabilities and Net Assets / Fund Balance$811,972$757,201▼ $54,771

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$633,494$854,392$1,487,886
Other Land Buildings$0$6,642$6,642
Equipment$0$968$968
Land$570-$570
Other Assets Org$505--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Bruce SaabVice President$143,382$143,382
Sherif AzabDirector$27,058$27,058

Board Members and Trustees

NameTitle
Joesph ThompsonPresident/director
Melissa ClaytonVice President/director
Colin Morgan-crossDirector
Joe RosenblumSecretary/director
Steve SpearsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,383
Program Service Revenue
$65,605
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-57,807

Audited Revenue Reconciliation

Revenue per Audited Statements
$163,993
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$163,993
Total Revenue per Form 990
$163,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,049
Salaries, Compensation, and Employee Benefits$40,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$59,280--$59,280
Other Salaries and Wages$37,029--$37,029
Occupancy$28,072--$28,072
Fees for Services Management$14,394--$14,394
Fees for Services Accounting-$9,994-$9,994
Fees for Services Other$8,103--$8,103
Office Expenses$6,449--$6,449
Travel$3,301--$3,301
Payroll Taxes$2,957--$2,957
Other Employee Benefits$765--$765
Information Technology$574--$574
Advertising$478--$478
Other Expenses$50--$50
All Other Expenses$18--$18
Total Functional Expenses$211,806$9,994$0$221,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$221,800
Total Expenses per Audited Statements$221,800
Total Expenses per Form 990$221,800
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Tenant Deposits Held in Trust$3,612
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 35% controlled entity
No
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Independence hill, inc is a nonstock, nonprofit corporation with mercy housing idaho, inc as the sole member.”

Form 990, Part VI, Section A, Line 7A

“The board of trustees of mercy housing, inc. Has authority over indpendence hill, inc. In various aspects of operations and management. The reserved rights held by the mercy housing board of trustees, which may be further delegated to the president and ceo of mercy housing, inc., include approval of the following activities: revisions to articles and bylaws; mergers and acquisitions; establishment of new entities; pledging, mortgaging or disposing of all or substantially all assets; obligations of new operating and mortgage debt; and, appointment or removal of governing board members and officers.”

Form 990, Part VI, Section A, Line 7B

“SAME AS LINE 7A”

Form 990, Part VI, Section B, Line 11B

“Each member is given the opportunity to review the return before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The audit committee of mercy housing, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Independence Hill Inc
EIN
72-1545927
Phone
3038303300
Address
1600 BROADWAY SUITE 2000, DENVER, CO 80202-5704

Signing Officer

Name
Chad Payne
Title
Treasurer
Phone
3038303300
Signed
2022-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Thompson
Formed
2004
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
621 CAPITOL MALL SUITE 2150, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the mercy housing, inc. Board of trustees.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has elected tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2021. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the internal revenue service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2018 remain open”

Raw XML AppendixShowing 400 of 5,781 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt032620
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt032257
IRS990/AccountsReceivableGrp/BOYAmt06281
IRS990/AccountsReceivableGrp/EOYAmt01635
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FACILITIES AND SERVICES TO LOW-INCOME ELDERLY AND HANDICAPPED PERSONS
IRS990/AdvertisingGrp/ProgramServicesAmt0478
IRS990/AdvertisingGrp/TotalAmt0478
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018
IRS990/AllOtherExpensesGrp/TotalAmt018
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHAD PAYNE
IRS990/BooksInCareOfDetail/PhoneNum03038303300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01600 BROADWAY SUITE 2000
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0802025704
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt027424
IRS990/CashNonInterestBearingGrp/EOYAmt030650
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt098383
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0181049
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt065605
IRS990/CYRevenuesLessExpensesAmt0-57807
IRS990/CYSalariesCompEmpBnftPaidAmt040751
IRS990/CYTotalExpensesAmt0221800
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0163993
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0489
IRS990/DeferredRevenueGrp/EOYAmt03885
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt059280
IRS990/DepreciationDepletionGrp/TotalAmt059280
IRS990/Desc0OWN AND OPERATE A 14-UNIT LOW-INCOME HOUSING PROJECT KNOWN AS INDEPENDENCE HILL APARTMENTS LOCATED IN MOSCOW, IDAHO, PROVIDING HOUSING TO ELDERLY AND/OR HANDICAPPED PERSONS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0211806
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09994
IRS990/FeesForServicesAccountingGrp/TotalAmt09994
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt014394
IRS990/FeesForServicesManagementGrp/TotalAmt014394
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08103
IRS990/FeesForServicesOtherGrp/TotalAmt08103
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09419
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139267
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230752
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310279
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4105
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt517330
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt633560
IRS990/Form990PartVIISectionAGrp/PersonNm0JOE ROSENBLUM
IRS990/Form990PartVIISectionAGrp/PersonNm1JOESPH THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm2MELISSA CLAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm3COLIN MORGAN-CROSS
IRS990/Form990PartVIISectionAGrp/PersonNm4SHERIF AZAB
IRS990/Form990PartVIISectionAGrp/PersonNm5BRUCE SAAB
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE SPEARS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0204763
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1206833
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2221786
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3150142
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt426953
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5126052
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6333299
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt098383
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0163993
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0574
IRS990/InformationTechnologyGrp/TotalAmt0574
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0862002
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0693344
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0634064
IRS990/LandBldgEquipCostOrOtherBssAmt01496066
IRS990/LegalDomicileStateCd0ID
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FACILITIES AND SERVICES TO LOW-INCOME ELDERLY AND HANDICAPPED PERSONS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0290000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0290000
IRS990/NetAssetsOrFundBalancesBOYAmt0485254
IRS990/NetAssetsOrFundBalancesEOYAmt0427447
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0485254
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0427447
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt028072
IRS990/OccupancyGrp/TotalAmt028072
IRS990/OfficeExpensesGrp/ProgramServicesAmt06449
IRS990/OfficeExpensesGrp/TotalAmt06449
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt082209
IRS990/OtherAssetsTotalGrp/EOYAmt087341
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0765
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0765
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2MISC ADMIN
IRS990/OtherExpensesGrp/Desc3TAXES/LICENSES/PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt046785
IRS990/OtherExpensesGrp/ProgramServicesAmt12529
IRS990/OtherExpensesGrp/ProgramServicesAmt21022
IRS990/OtherExpensesGrp/ProgramServicesAmt350
IRS990/OtherExpensesGrp/TotalAmt046785
IRS990/OtherExpensesGrp/TotalAmt12529
IRS990/OtherExpensesGrp/TotalAmt21022
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherLiabilitiesGrp/BOYAmt03609
IRS990/OtherLiabilitiesGrp/EOYAmt03612
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037029
IRS990/OtherSalariesAndWagesGrp/TotalAmt037029
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02957
IRS990/PayrollTaxesGrp/TotalAmt02957
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02714
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03511
IRS990/PrincipalOfficerNm0JOSEPH THOMPSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt063286
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12319
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12319
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108920
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt0168405
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt053753
IRS990/PYRevenuesLessExpensesAmt0-25840
IRS990/PYSalariesCompEmpBnftPaidAmt020115
IRS990/PYTotalExpensesAmt0188520
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0162680
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-57807
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt065605
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt098383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0108920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0207303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt065605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt053753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0141452
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0137972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0114192
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0512974
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt055
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0720277
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0163988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0162673
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0141452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0137972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0114192
IRS990ScheduleA/Total509Grp/TotalAmt0720277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0163993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0162680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0141467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0137990
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0114202
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0720332
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0633494
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0854392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01487886
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0968
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0968
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0221800
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0570
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0570
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04110
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt182726
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2505
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06642
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0163993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2021. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2018 REMAIN OPEN
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0634064
IRS990ScheduleD/TotalBookValueOtherAssetsAmt087341
IRS990ScheduleD/TotalExpensesPerForm990Amt0221800
IRS990ScheduleD/TotalLiabilityAmt03612
IRS990ScheduleD/TotalRevenuePerForm990Amt0163993
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0163993
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0221800
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt14219
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt21306
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt31389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt41980
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0331893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1217567
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2205527
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3203374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4148162
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013688
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt113380
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt211655
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt38335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt48772
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$757,201
Liabilities
$329,754
Net assets
$427,447
Revenue
$163,993
Expenses
$221,800
Net income
-$57,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.64$0.32$0.32$0.20$0.21$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.35$0.34$0.19$0.24$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.32$0.38$0.17$0.22$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.33$0.43$0.16$0.22$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.33$0.49$0.16$0.19$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.84$0.33$0.51$0.14$0.18$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.31$0.55$0.14$0.18$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.31$0.59$0.11$0.16$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.31$0.63$0.12$0.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.31$0.67$0.10$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.32$0.71$0.11$0.16$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.32$0.77$0.10$0.15$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.31$0.82$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.02$1.17$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.02$1.23$0.14