Civic Intelligence

Lulac Haven Incorporated

990 • Fiscal year 2015 • EIN 74-1978518

Jul 01, 2014 to Jun 30, 2015 • Filed on May 15, 2016

Organization Profile
4601 JuarezLaredo, TX 78041-5700

(956) 725-8522

Siviq Scores

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

Liabilities / Assets

95th percentile

1.32x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

2.95x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

40th percentile

-0.0%

Higher net margin than 40% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

24th percentile

-5.5%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

33%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$722,695

Down $42,075 (-5.5%) from 2014

Net Assets

Up

-$234,310

Up $30,586 (+12%) from 2014

Liabilities

Down

$957,005

Down $72,661 (-7.1%) from 2014

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin40th percentile

Revenue

Up

$324,454

Up $81,370 (+33%) from 2014

Expenses

Up

$324,493

Up $1,272 (+0.4%) from 2014

Net Income

Up

-$39

Up $80,098 (+100%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $983,677Liabilities 2010: $1,148,047Net Assets 2010: -$164,3702010Assets 2011: $959,620Liabilities 2011: $1,114,056Net Assets 2011: -$154,4362011Assets 2012: $922,983Liabilities 2012: $1,082,823Net Assets 2012: -$159,8402012Assets 2013: $884,879Liabilities 2013: $1,174,186Net Assets 2013: -$289,3072013Assets 2014: $764,770Liabilities 2014: $1,029,666Net Assets 2014: -$264,8962014Assets 2015: $722,695Liabilities 2015: $957,005Net Assets 2015: -$234,3102015Assets 2016: $701,327Liabilities 2016: $909,680Net Assets 2016: -$208,3532016Assets 2017: $726,880Liabilities 2017: $856,547Net Assets 2017: -$129,6672017Assets 2018: $733,301Liabilities 2018: $796,492Net Assets 2018: -$63,1912018Assets 2019: $757,359Liabilities 2019: $743,696Net Assets 2019: $13,6632019Assets 2020: $753,693Liabilities 2020: $669,454Net Assets 2020: $84,2392020Assets 2021: $791,805Liabilities 2021: $607,117Net Assets 2021: $184,6882021Assets 2022: $751,650Liabilities 2022: $513,971Net Assets 2022: $237,6792022Assets 2023: $729,539Liabilities 2023: $425,885Net Assets 2023: $303,6542023Assets 2024: $705,852Liabilities 2024: $351,663Net Assets 2024: $354,1892024

Highlighted filing

2015

Assets$722,695
Liabilities$957,005
Net Assets-$234,310
Open 2015 Filing

Operations Trend

Revenue Growth82nd percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $325,290Expenses 2010: $333,419Net Income 2010: -$8,1292010Revenue 2011: $331,593Expenses 2011: $321,659Net Income 2011: $9,9342011Revenue 2012: $336,581Expenses 2012: $341,985Net Income 2012: -$5,4042012Expenses 2013: $469,1312013Revenue 2014: $243,084Expenses 2014: $323,221Net Income 2014: -$80,1372014Revenue 2015: $324,454Expenses 2015: $324,493Net Income 2015: -$392015Revenue 2016: $349,551Expenses 2016: $323,594Net Income 2016: $25,9572016Revenue 2017: $383,346Expenses 2017: $304,660Net Income 2017: $78,6862017Revenue 2018: $357,072Expenses 2018: $289,863Net Income 2018: $67,2092018Revenue 2019: $369,588Expenses 2019: $293,481Net Income 2019: $76,1072019Revenue 2020: $369,773Expenses 2020: $299,197Net Income 2020: $70,5762020Revenue 2021: $370,900Expenses 2021: $276,820Net Income 2021: $94,0802021Revenue 2022: $371,397Expenses 2022: $318,406Net Income 2022: $52,9912022Revenue 2023: $394,380Expenses 2023: $328,011Net Income 2023: $66,3692023Revenue 2024: $397,030Expenses 2024: $334,392Net Income 2024: $62,6382024

Highlighted filing

2015

Revenue$324,454
Expenses$324,493
Net Income-$39
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 15, 2016
Return Version
2014v6.0
Gross Receipts
$324,454
Mission and Program Overview

Mission

The purpose of this entity is to provide low-cost housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$636,023$607,382▼ $28,641
Cash and Non-Interest-Bearing Accounts$108,969$94,515▼ $14,454
Total Assets$764,770$722,695▼ $42,075
Other Assets Total$19,778$20,798▲ $1,020
Liabilities
Mortgage Notes Payable Secured by Investment Property$983,156$939,791▼ $43,365
Accounts Payable and Accrued Expenses$30,119$8,645▼ $21,474
Other Liabilities$8,147$8,569▲ $422
Deferred Revenue$8,244--
Total Liabilities$1,029,666$957,005▼ $72,661
Net Assets / Fund Balance
Temporarily Rstr Net Assets$96,807$92,820▼ $3,987
Unrestricted Net Assets$-361,703$-327,130▲ $34,573
Total Net Assets Fund Balance$-264,896$-234,310▲ $30,586
Total Liabilities and Net Assets / Fund Balance$764,770$722,695▼ $42,075

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$452,937$785,799$1,238,736
Land$151,500-$151,500
Other Land Buildings$2,230$57,302$59,532
Equipment$715$30,500$31,215
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Larry DovalinaPresident
Abraham RodriguezVice President
Consuelo MontalvoBoard Member
John Peter MontalvoBoard Member
Luis DovalinaBoard Member
Ramiro RodriguezBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$212,289
Program Service Revenue
$111,015
Investment Income
$1,150
Other Revenue
$0
Change in Net Assets
$-39

Audited Revenue Reconciliation

Revenue per Audited Statements
$324,454
Revenue Not Reported on Form 990
$26,270
Total Revenue per Audited Statements
$350,724
Total Revenue per Form 990
$324,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,146
Salaries, Compensation, and Employee Benefits$94,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$126,609--$126,609
Other Salaries and Wages$63,093--$63,093
Depreciation Depletion$28,641--$28,641
Other Employee Benefits$26,311--$26,311
Fees for Services Other$24,606--$24,606
Office Expenses$24,070--$24,070
Fees for Services Accounting$14,835--$14,835
Other Expenses$7,104--$7,104
Payroll Taxes$4,943--$4,943
Conferences and Meetings$2,213--$2,213
Advertising$1,356--$1,356
Insurance$100--$100
Total Functional Expenses$324,493$0$0$324,493

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$324,493
Total Expenses per Audited Statements$324,493
Total Expenses per Form 990$324,493
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
Federal income taxes$8,569
Tenant Security Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Form 990 is reviewed by members of the governing body prior to submission.”

Form 990, Part VI, Section C, Line 19

“The organization maintains governing documents, conflicts of interest policy, and financial statements at its offices. These are available upon request at the discresion of management and the governing body.”

Filing and Contact Details

Filer

Filer Name
Lulac Haven Inc
EIN
74-1978518
Phone
9567258522
Address
4601 JUAREZ, LAREDO, TX 78041-5700

Signing Officer

Name
Larry Dovalina
Title
President
Signed
2016-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Dovalina
Formed
1978
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Leal & Carter PC
Address
16011 University Oak, San Antonio, TX 78249
Preparer
Robert Carter
Phone
2106966206
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“In FY 15, in accordance with HUD Housing Notice H-2012-14, the Project established a liability account to recognize a claim on residual receipts account that will be available to offset future HAP payments, with a corresponding loss on the statement of profit and loss. 21,139 was offset against the liability account residual recceipts available to recapture in FY 15, and this same amount was recognized as miscellaneous rent revenue-recapture of residual receipts. This miscellaneous rent revenue-recapture of residual receipts should not be recorded as revenue for 990 purposes.”

Financial Statement Notes

XI 4B

“In accordance with HUD Housing Notice H-2012-14, the Project established a liability account to recognize a claim on the residual receipts account that will be available to offset future HAP payments with a corresponding loss on the statement of profit and loss. In FY 15 21,139 was offset against the liability account residual receipts available for recapture, in FY 15, and this same amount was reccognized as miscellaneous rent revenue-recapture of residual receipts. This miscellaneous rent revenue-recapture of residual reciepts should not be recorded as revenue for 990 purposes. As a result of this recapture, there was a change in the net restricted assets, in FY 15 5,131 was recorded as revenue from net assets released from restrictions. This amount should not be reccorded as revenue for 990 purposes.”

Raw XML AppendixShowing 400 of 411 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030119
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08645
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The purpose of this entity is to provide low-cost housing for the elderly.
IRS990/AdvertisingGrp/ProgramServicesAmt01356
IRS990/AdvertisingGrp/TotalAmt01356
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FLOR PINZON
IRS990/BooksInCareOfDetail/PhoneNum09567258522
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04601 JUAREZ
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAREDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0790415700
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0108969
IRS990/CashNonInterestBearingGrp/EOYAmt094515
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02213
IRS990/ConferencesMeetingsGrp/TotalAmt02213
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0212289
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01150
IRS990/CYOtherExpensesAmt0230146
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0111015
IRS990/CYRevenuesLessExpensesAmt0-39
IRS990/CYSalariesCompEmpBnftPaidAmt094347
IRS990/CYTotalExpensesAmt0324493
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0324454
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt08244
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028641
IRS990/DepreciationDepletionGrp/TotalAmt028641
IRS990/Desc0To provide low-cost housing for the elderly
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0324493
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014835
IRS990/FeesForServicesAccountingGrp/TotalAmt014835
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024606
IRS990/FeesForServicesOtherGrp/TotalAmt024606
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0009.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Larry Dovalina
IRS990/Form990PartVIISectionAGrp/PersonNm1Abraham Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm2Ramiro Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm3John Peter Montalvo
IRS990/Form990PartVIISectionAGrp/PersonNm4Consuelo Montalvo
IRS990/Form990PartVIISectionAGrp/PersonNm5Luis Dovalina
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0212289
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0324454
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0100
IRS990/InsuranceGrp/TotalAmt0100
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01150
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01150
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0873601
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0636023
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0607382
IRS990/LandBldgEquipCostOrOtherBssAmt01480983
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The purpose of this entity is to provide low-cost housing for the elderly.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0983156
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0939791
IRS990/NetAssetsOrFundBalancesBOYAmt0-264896
IRS990/NetAssetsOrFundBalancesEOYAmt0-234310
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0126609
IRS990/OccupancyGrp/TotalAmt0126609
IRS990/OfficeExpensesGrp/ProgramServicesAmt024070
IRS990/OfficeExpensesGrp/TotalAmt024070
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019778
IRS990/OtherAssetsTotalGrp/EOYAmt020798
IRS990/OtherChangesInNetAssetsAmt021139
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026311
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026311
IRS990/OtherExpensesGrp/Desc0Vehicle Maintenance Equipment Operation Repairs
IRS990/OtherExpensesGrp/Desc1Operating and Maintenance Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt0612
IRS990/OtherExpensesGrp/ProgramServicesAmt17104
IRS990/OtherExpensesGrp/TotalAmt0612
IRS990/OtherExpensesGrp/TotalAmt17104
IRS990/OtherLiabilitiesGrp/BOYAmt08147
IRS990/OtherLiabilitiesGrp/EOYAmt08569
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt063093
IRS990/OtherSalariesAndWagesGrp/TotalAmt063093
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04943
IRS990/PayrollTaxesGrp/TotalAmt04943
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Larry Dovalina
IRS990/PriorPeriodAdjustmentsAmt09486
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0111015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0111015
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0132503
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01445
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0232720
IRS990/PYOtherRevenueAmt025
IRS990/PYProgramServiceRevenueAmt0109111
IRS990/PYRevenuesLessExpensesAmt0-80137
IRS990/PYSalariesCompEmpBnftPaidAmt090501
IRS990/PYTotalExpensesAmt0323221
IRS990/PYTotalRevenueAmt0243084
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-39
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0212289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0132503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0215119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0236222
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0228878
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01025011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01150
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01445
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02499
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02644
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09309
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0111015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0109111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0105494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt097856
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt099305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0522781
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01445
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02499
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02644
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09309
IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.00710
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99290
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01547792
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0323304
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0241614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0320613
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0334078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0328183
IRS990ScheduleA/Total509Grp/TotalAmt01547792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0324454
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0243059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0322184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0336577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0330827
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01557101
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/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0452937
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0785799
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01238736
IRS990ScheduleD/EquipmentGrp/BookValueAmt0715
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031215
IRS990ScheduleD/ExpensesSubtotalAmt0324493
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0151500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0151500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02230
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057302
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/OtherRevenueAmt026270
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt026270
IRS990ScheduleD/RevenueSubtotalAmt0324454
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In accordance with HUD Housing Notice H-2012-14, the Project established a liability account to recognize a claim on the residual receipts account that will be available to offset future HAP payments with a corresponding loss on the statement of profit and loss. In FY 15 21,139 was offset against the liability account residual receipts available for recapture, in FY 15, and this same amount was reccognized as miscellaneous rent revenue-recapture of residual receipts. This miscellaneous rent revenue-recapture of residual reciepts should not be recorded as revenue for 990 purposes. As a result of this recapture, there was a change in the net restricted assets, in FY 15 5,131 was recorded as revenue from net assets released from restrictions. This amount should not be reccorded as revenue for 990 purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0607382
IRS990ScheduleD/TotalExpensesPerForm990Amt0324493
IRS990ScheduleD/TotalLiabilityAmt08569
IRS990ScheduleD/TotalRevenuePerForm990Amt0324454
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0350724
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0324493
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by members of the governing body prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization maintains governing documents, conflicts of interest policy, and financial statements at its offices. These are available upon request at the discresion of management and the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In FY 15, in accordance with HUD Housing Notice H-2012-14, the Project established a liability account to recognize a claim on residual receipts account that will be available to offset future HAP payments, with a corresponding loss on the statement of profit and loss. 21,139 was offset against the liability account residual recceipts available to recapture in FY 15, and this same amount was recognized as miscellaneous rent revenue-recapture of residual receipts. This miscellaneous rent revenue-recapture of residual receipts should not be recorded as revenue for 990 purposes.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt096807
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt092820
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0764770
IRS990/TotalAssetsEOYAmt0722695
IRS990/TotalAssetsGrp/BOYAmt0764770
IRS990/TotalAssetsGrp/EOYAmt0722695
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0212289
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0324493
IRS990/TotalFunctionalExpensesGrp/TotalAmt0324493
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01029666
IRS990/TotalLiabilitiesEOYAmt0957005
IRS990/TotalLiabilitiesGrp/BOYAmt01029666
IRS990/TotalLiabilitiesGrp/EOYAmt0957005
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-264896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-234310
IRS990/TotalProgramServiceExpensesAmt0324493
IRS990/TotalProgramServiceRevenueAmt0111015
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0112165
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0324454
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0764770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0722695
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-361703
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-327130
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02401 Williams Ct
IRS990/USAddress/CityNm0Laredo
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078045
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Larry Dovalina
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LULAC HAVEN INC
ReturnHeader/Filer/BusinessNameControlTxt0LULA
ReturnHeader/Filer/EIN0741978518
ReturnHeader/Filer/PhoneNum09567258522
ReturnHeader/Filer/USAddress/AddressLine1Txt04601 JUAREZ
ReturnHeader/Filer/USAddress/CityNm0LAREDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0780415700
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Leal & Carter PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016011 University Oak

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$722,695
Liabilities
$957,005
Net assets
-$234,310
Revenue
$324,454
Expenses
$324,493
Net income
-$39
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.35$0.35$0.40$0.33$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.43$0.30$0.39$0.33$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.51$0.24$0.37$0.32$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.61$0.18$0.37$0.28$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.67$0.08$0.37$0.30$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.74$0.01$0.37$0.29$0.08
2018Summary only. Only limited summary data is available for this year.$0.73$0.80$0.06$0.36$0.29$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.86$0.13$0.38$0.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.91$0.21$0.35$0.32$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.96$0.23$0.32$0.32$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.76$1.03$0.26$0.24$0.32$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.17$0.29$0.47
2012Summary only. Only limited summary data is available for this year.$0.92$1.08$0.16$0.34$0.34$0.01
2011Summary only. Only limited summary data is available for this year.$0.96$1.11$0.15$0.33$0.32$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$1.15$0.16$0.33$0.33$0.01