Civic Intelligence

Trinity Place Apartments Inc

990 • Fiscal year 2018 • EIN 74-2235175

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 08, 2019

Organization ProfileWWW.TRINITYPLACEAPARTMENTS.ORG
PO Box 140767Austin, TX 78714-0767

(512) 459-1000

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

1.91x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

63rd percentile

8.6%

Higher net margin than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-3.7%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$1,295,609

Up $2,011 (+0.2%) from 2017

Net Assets

Up

$41,604

Up $56,219 (+385%) from 2017

Liabilities

Down

$1,254,005

Down $54,208 (-4.1%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin63rd percentile

Revenue

Down

$657,211

Down $25,286 (-3.7%) from 2017

Expenses

Up

$600,992

Up $24,555 (+4.3%) from 2017

Net Income

Down

$56,219

Down $49,841 (-47%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,363,242Liabilities 2010: $1,863,464Net Assets 2010: -$500,2222010Assets 2011: $1,334,378Liabilities 2011: $1,807,648Net Assets 2011: -$473,2702011Assets 2012: $1,260,771Liabilities 2012: $1,752,489Net Assets 2012: -$491,7182012Assets 2013: $1,244,667Liabilities 2013: $1,683,868Net Assets 2013: -$439,2012013Assets 2014: $1,203,368Liabilities 2014: $1,617,346Net Assets 2014: -$413,9782014Assets 2015: $1,353,797Liabilities 2015: $1,520,896Net Assets 2015: -$167,0992015Assets 2016: $1,327,762Liabilities 2016: $1,448,437Net Assets 2016: -$120,6752016Assets 2017: $1,293,598Liabilities 2017: $1,308,213Net Assets 2017: -$14,6152017Assets 2018: $1,295,609Liabilities 2018: $1,254,005Net Assets 2018: $41,6042018Assets 2019: $294,838Liabilities 2019: $6,500Net Assets 2019: $288,3382019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$1,295,609
Liabilities$1,254,005
Net Assets$41,604
Open 2018 Filing

Operations Trend

Revenue Growth31st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $608,5672010Revenue 2011: $676,589Expenses 2011: $649,639Net Income 2011: $26,9502011Expenses 2012: $705,0832012Revenue 2013: $687,793Expenses 2013: $635,275Net Income 2013: $52,5182013Revenue 2014: $685,373Expenses 2014: $660,149Net Income 2014: $25,2242014Revenue 2015: $859,201Expenses 2015: $612,323Net Income 2015: $246,8782015Revenue 2016: $699,016Expenses 2016: $652,592Net Income 2016: $46,4242016Revenue 2017: $682,497Expenses 2017: $576,437Net Income 2017: $106,0602017Revenue 2018: $657,211Expenses 2018: $600,992Net Income 2018: $56,2192018Revenue 2019: $3,332,115Expenses 2019: $235,381Net Income 2019: $3,096,7342019Expenses 2020: $12,4542020

Highlighted filing

2018

Revenue$657,211
Expenses$600,992
Net Income$56,219
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 8, 2019
Return Version
2018v3.1
Gross Receipts
$657,211
Mission and Program Overview

Mission

To provide low cost housing to the elderly and handicapped persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$823,543$811,894▼ $11,649
Cash and Non-Interest-Bearing Accounts$17,086$22,338▲ $5,252
Prepaid Expenses and Deferred Charges$6,985$6,324▼ $661
Total Assets$1,293,598$1,295,609▲ $2,011
Other Assets Total$445,984$455,053▲ $9,069
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,229,104$1,142,303▼ $86,801
Accounts Payable and Accrued Expenses$56,288$92,214▲ $35,926
Other Liabilities$22,821$19,488▼ $3,333
Total Liabilities$1,308,213$1,254,005▼ $54,208
Net Assets / Fund Balance
Unrestricted Net Assets$-14,615$41,604▲ $56,219
Total Net Assets Fund Balance$-14,615$41,604▲ $56,219
Total Liabilities and Net Assets / Fund Balance$1,293,598$1,295,609▲ $2,011

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$476,763$2,648,911$3,125,674
Land$277,705-$277,705
Other Land Buildings$57,426$52,486$109,912
Equipment-$15,522$15,522
Other Assets Org$19,694--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Rick SalvoChair
Vince BrunssenVice Chair
Bill JonesDirector
Cathy ZwernemannDirector
Elroy HaverlahSecretary
Mark ArmstrongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$657,013
Investment Income
$198
Other Revenue
$0
Change in Net Assets
$56,219

Audited Revenue Reconciliation

Revenue per Audited Statements
$657,211
Total Revenue per Audited Statements
$657,211
Total Revenue per Form 990
$657,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$398,023
Salaries, Compensation, and Employee Benefits$202,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,105--$185,105
Occupancy$166,159--$166,159
Depreciation Depletion$73,653--$73,653
Fees for Services Management-$30,557-$30,557
Office Expenses$23,577--$23,577
Payroll Taxes$14,105--$14,105
Fees for Services Accounting-$13,685-$13,685
Other Employee Benefits$3,759--$3,759
Insurance$1,152--$1,152
Other Expenses$638--$638
Total Functional Expenses$556,750$44,242$0$600,992

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$600,992
Total Expenses per Audited Statements$600,992
Total Expenses per Form 990$600,992
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 Security Deposits$19,488
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“At a meeting of the board, the entire board reviews the form 990 in detail and then approves it for filing.”

Form 990, Page 6, Part VI, Line 12C

“The officers, directors and trustees are required to give notice of any potential conflicts of interests as they arise during their term of service. If a conflict of interest exists, then the officer, director and trustee resigns from the board.”

Form 990, Page 6, Part VI, Line 15A

“The board and its management consulting personnel review the compensation of the organization's executive director, compare it to comparable positions, and discuss and approve current compensation packages.”

Form 990, Page 6, Part VI, 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
Trinity Place Apartments Inc
EIN
74-2235175
Phone
5124591000
Address
PO BOX 140767, AUSTIN, TX 78714-0767

Signing Officer

Name
Rick Salvo
Title
Chair
Phone
5124591000
Signed
2019-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Salvo
Formed
1982
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Trinity place is a comfortable, convenient and caring community (68-unit apartment) for the elderly and handicapped who qualify for the hud 202/8 program in round rock, texas. The garden apartments are equipped with individual central heating and air conditioning systems, some flooring options in units for carpet or vinyl planking, refrigerators and electric ranges provided. Ten percent of the units are specifically planned for the handicapped. The large community center provides facilities for recreational/social activities, servcies and leisure. Special features include: library; gazebo and park; gameroom; community center; arts, crafts and hobby area; and coin-operated laundry room. Persons 62 years of age and older, single or married, as well as handicapped or disabled individuals may qualify for residency.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Trinity place is a not-for-profit organization exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except to the extent it has unrelated business activities. No provision for federal income taxes has been made in the accompanying financial statements. Trinity place accounts for uncertainty of income taxes based on a "morelikely-than-not" threshold for the recognition and de-recognition of tax positions, which includes the accounting for interest and penalties relating to tax positions. Trinity place currently does not have any tax positions that management would consider uncertain as of december 31, 2018. The company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. No such interest or penalties were recognized during the years presented. The company had no accruals for interest and penalties at december 31, 2018 or 2017.”

Raw XML AppendixShowing 400 of 422 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/BOYAmt056288
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt092214
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW COST HOUSING TO THE ELDERLY AND HANDICAPPED PERSONS
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LUTHERAN SOC SVCS OF THE SOUTH
IRS990/BooksInCareOfDetail/PhoneNum05124591000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08305 CROSS PARK DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078754
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt017086
IRS990/CashNonInterestBearingGrp/EOYAmt022338
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0198
IRS990/CYOtherExpensesAmt0398023
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0657013
IRS990/CYRevenuesLessExpensesAmt056219
IRS990/CYSalariesCompEmpBnftPaidAmt0202969
IRS990/CYTotalExpensesAmt0600992
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0657211
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt073653
IRS990/DepreciationDepletionGrp/TotalAmt073653
IRS990/Desc0TRINITY PLACE IS A COMFORTABLE, CONVENIENT AND CARING COMMUNITY (68-UNIT APARTMENT) FOR THE ELDERLY AND HANDICAPPED WHO QUALIFY FOR THE HUD 202/8 PROGRAM IN ROUND ROCK, TEXAS. THE GARDEN APARTMENTS ARE EQUIPPED WITH INDIVIDUAL CENTRAL HEATING AND AIR CONDITIONING SYSTEMS, SOME FLOORING OPTIONS IN UNITS FOR CARPET OR VINYL PLANKING, REFRIGERATORS AND ELECTRIC RANGES PROVIDED. TEN PERCENT OF THE UNITS ARE SPECIFICALLY PLANNED FOR THE HANDICAPPED. THE LARGE COMMUNITY CENTER PROVIDES FACILITIES FOR RECREATIONAL/SOCIAL ACTIVITIES, SERVCIES AND LEISURE. SPECIAL FEATURES INCLUDE: LIBRARY; GAZEBO AND PARK; GAMEROOM; COMMUNITY CENTER; ARTS, CRAFTS AND HOBBY AREA; AND COIN-OPERATED LAUNDRY ROOM. PERSONS 62 YEARS OF AGE AND OLDER, SINGLE OR MARRIED, AS WELL AS HANDICAPPED OR DISABLED INDIVIDUALS MAY QUALIFY FOR RESIDENCY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0556750
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013685
IRS990/FeesForServicesAccountingGrp/TotalAmt013685
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030557
IRS990/FeesForServicesManagementGrp/TotalAmt030557
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0RICK SALVO
IRS990/Form990PartVIISectionAGrp/PersonNm1VINCE BRUNSSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm3ELROY HAVERLAH
IRS990/Form990PartVIISectionAGrp/PersonNm4CATHY ZWERNEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm5BILL JONES
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0657211
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01152
IRS990/InsuranceGrp/TotalAmt01152
IRS990/InvestmentIncomeGrp/ExclusionAmt0198
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0198
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02716919
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0823543
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0811894
IRS990/LandBldgEquipCostOrOtherBssAmt03528813
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE LOW COST HOUSING TO THE ELDERLY AND HANDICAPPED PERSONS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01229104
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01142303
IRS990/NetAssetsOrFundBalancesBOYAmt0-14615
IRS990/NetAssetsOrFundBalancesEOYAmt041604
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0166159
IRS990/OccupancyGrp/TotalAmt0166159
IRS990/OfficeExpensesGrp/ProgramServicesAmt023577
IRS990/OfficeExpensesGrp/TotalAmt023577
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0445984
IRS990/OtherAssetsTotalGrp/EOYAmt0455053
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03759
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03759
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING
IRS990/OtherExpensesGrp/Desc1OTHER ADMINISTRATIVE
IRS990/OtherExpensesGrp/ProgramServicesAmt088602
IRS990/OtherExpensesGrp/ProgramServicesAmt1638
IRS990/OtherExpensesGrp/TotalAmt088602
IRS990/OtherExpensesGrp/TotalAmt1638
IRS990/OtherLiabilitiesGrp/BOYAmt022821
IRS990/OtherLiabilitiesGrp/EOYAmt019488
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0185105
IRS990/OtherSalariesAndWagesGrp/TotalAmt0185105
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014105
IRS990/PayrollTaxesGrp/TotalAmt014105
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06985
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06324
IRS990/PrincipalOfficerNm0RICK SALVO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0657013
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0657013
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0145
IRS990/PYOtherExpensesAmt0394865
IRS990/PYProgramServiceRevenueAmt0682352
IRS990/PYRevenuesLessExpensesAmt0106060
IRS990/PYSalariesCompEmpBnftPaidAmt0181572
IRS990/PYTotalExpensesAmt0576437
IRS990/PYTotalRevenueAmt0682497
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt056219
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0657013
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0WORKMAN'S COMP REFUND 14,069
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0624
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0821
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03720
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0198
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0268
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0835
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0657013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0682352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0686319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0692652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0684284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03402620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0198
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0268
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0835
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010313
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03756
IRS990ScheduleA/OtherIncome509Grp/TotalAmt014069
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99560
IRS990ScheduleA/PublicSupportPY509Pct00.99570
IRS990ScheduleA/PublicSupportTotal509Amt03406340
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0657013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0682352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0688594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0693276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0685105
IRS990ScheduleA/Total509Grp/TotalAmt03406340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0657211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0682497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0699016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0697147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0685373
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03421244
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0476763
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02648911
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03125674
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015522
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015522
IRS990ScheduleD/ExpensesSubtotalAmt0600992
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0277705
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0277705
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0400961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt134398
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt219694
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt057426
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt052486
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0109912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0657211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TRINITY PLACE IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS ACTIVITIES. NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. TRINITY PLACE ACCOUNTS FOR UNCERTAINTY OF INCOME TAXES BASED ON A "MORELIKELY-THAN-NOT" THRESHOLD FOR THE RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS, WHICH INCLUDES THE ACCOUNTING FOR INTEREST AND PENALTIES RELATING TO TAX POSITIONS. TRINITY PLACE CURRENTLY DOES NOT HAVE ANY TAX POSITIONS THAT MANAGEMENT WOULD CONSIDER UNCERTAIN AS OF DECEMBER 31, 2018. THE COMPANY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECOGNIZED DURING THE YEARS PRESENTED. THE COMPANY HAD NO ACCRUALS FOR INTEREST AND PENALTIES AT DECEMBER 31, 2018 OR 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0811894
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0455053
IRS990ScheduleD/TotalExpensesPerForm990Amt0600992
IRS990ScheduleD/TotalLiabilityAmt019488
IRS990ScheduleD/TotalRevenuePerForm990Amt0657211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0657211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0600992
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRINITY PLACE IS A COMFORTABLE, CONVENIENT AND CARING COMMUNITY (68-UNIT APARTMENT) FOR THE ELDERLY AND HANDICAPPED WHO QUALIFY FOR THE HUD 202/8 PROGRAM IN ROUND ROCK, TEXAS. THE GARDEN APARTMENTS ARE EQUIPPED WITH INDIVIDUAL CENTRAL HEATING AND AIR CONDITIONING SYSTEMS, SOME FLOORING OPTIONS IN UNITS FOR CARPET OR VINYL PLANKING, REFRIGERATORS AND ELECTRIC RANGES PROVIDED. TEN PERCENT OF THE UNITS ARE SPECIFICALLY PLANNED FOR THE HANDICAPPED. THE LARGE COMMUNITY CENTER PROVIDES FACILITIES FOR RECREATIONAL/SOCIAL ACTIVITIES, SERVCIES AND LEISURE. SPECIAL FEATURES INCLUDE: LIBRARY; GAZEBO AND PARK; GAMEROOM; COMMUNITY CENTER; ARTS, CRAFTS AND HOBBY AREA; AND COIN-OPERATED LAUNDRY ROOM. PERSONS 62 YEARS OF AGE AND OLDER, SINGLE OR MARRIED, AS WELL AS HANDICAPPED OR DISABLED INDIVIDUALS MAY QUALIFY FOR RESIDENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT A MEETING OF THE BOARD, THE ENTIRE BOARD REVIEWS THE FORM 990 IN DETAIL AND THEN APPROVES IT FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS, DIRECTORS AND TRUSTEES ARE REQUIRED TO GIVE NOTICE OF ANY POTENTIAL CONFLICTS OF INTERESTS AS THEY ARISE DURING THEIR TERM OF SERVICE. IF A CONFLICT OF INTEREST EXISTS, THEN THE OFFICER, DIRECTOR AND TRUSTEE RESIGNS FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD AND ITS MANAGEMENT CONSULTING PERSONNEL REVIEW THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR, COMPARE IT TO COMPARABLE POSITIONS, AND DISCUSS AND APPROVE CURRENT COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUTHERAN SOC SERVICES OF THE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0741109745
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MGMT OF PR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08305 CROSS PARK DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078754
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01293598
IRS990/TotalAssetsEOYAmt01295609
IRS990/TotalAssetsGrp/BOYAmt01293598
IRS990/TotalAssetsGrp/EOYAmt01295609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044242
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0556750
IRS990/TotalFunctionalExpensesGrp/TotalAmt0600992
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01308213
IRS990/TotalLiabilitiesEOYAmt01254005
IRS990/TotalLiabilitiesGrp/BOYAmt01308213
IRS990/TotalLiabilitiesGrp/EOYAmt01254005
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-14615
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041604
IRS990/TotalProgramServiceExpensesAmt0556750
IRS990/TotalProgramServiceRevenueAmt0657013
IRS990/TotalRevenueGrp/ExclusionAmt0198
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0657013
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0657211
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01293598
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01295609
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-14615
IRS990/UnrestrictedNetAssetsGrp/EOYAmt041604
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 140767
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0787140767
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.TRINITYPLACEAPARTMENTS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK SALVO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05124591000
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRINITY PLACE APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIN
ReturnHeader/Filer/EIN0742235175
ReturnHeader/Filer/PhoneNum05124591000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 140767
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,295,609
Liabilities
$1,254,005
Net assets
$41,604
Revenue
$657,211
Expenses
$600,992
Net income
$56,219
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.29$3.33$0.24$3.10
2018Detailed filing. Detailed filing data is available for this year.$1.30$1.25$0.04$0.66$0.60$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.29$1.31$0.01$0.68$0.58$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.33$1.45$0.12$0.70$0.65$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.35$1.52$0.17$0.86$0.61$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.20$1.62$0.41$0.69$0.66$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.24$1.68$0.44$0.69$0.64$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$1.75$0.49$0.71
2011Summary only. Only limited summary data is available for this year.$1.33$1.81$0.47$0.68$0.65$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$1.86$0.50$0.61