Civic Intelligence

Lasker Village Apartments

990 • Fiscal year 2017 • EIN 74-2725664

Apr 01, 2016 to Mar 31, 2017 • Filed on May 22, 2017

Organization ProfileN/A
4702-2 West AvenueSan Antonio, TX 78213

(210) 341-9133

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.18x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

33rd percentile

-1.9%

Faster asset growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$695,083

Down $13,377 (-1.9%) from 2016

Net Assets

Down

$674,942

Down $22,610 (-3.2%) from 2016

Liabilities

Up

$20,141

Up $9,233 (+85%) from 2016

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin13th percentile

Revenue

Up

$112,110

Up $13,298 (+13%) from 2016

Expenses

Up

$134,720

Up $7,801 (+6.1%) from 2016

Net Income

Up

-$22,610

Up $5,497 (+20%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$800K$600K$400K$200K$0Assets 2012: $795,274Liabilities 2012: $8,912Net Assets 2012: $786,3622012Assets 2013: $761,332Liabilities 2013: $9,056Net Assets 2013: $752,2762013Assets 2014: $741,968Liabilities 2014: $10,673Net Assets 2014: $731,2952014Assets 2015: $737,791Liabilities 2015: $12,132Net Assets 2015: $725,6592015Assets 2016: $708,460Liabilities 2016: $10,908Net Assets 2016: $697,5522016Assets 2017: $695,083Liabilities 2017: $20,141Net Assets 2017: $674,9422017Assets 2018: $686,496Liabilities 2018: $15,302Net Assets 2018: $671,1942018Assets 2019: $678,464Liabilities 2019: $13,387Net Assets 2019: $665,0772019Assets 2020: $647,771Liabilities 2020: $14,129Net Assets 2020: $633,6422020Assets 2021: $638,531Liabilities 2021: $12,260Net Assets 2021: $626,2712021Assets 2022: $635,943Liabilities 2022: $11,757Net Assets 2022: $624,1862022Assets 2023: $623,292Liabilities 2023: $12,847Net Assets 2023: $610,4452023Assets 2024: $596,277Liabilities 2024: $15,928Net Assets 2024: $580,3492024Assets 2025: $581,335Liabilities 2025: $12,428Net Assets 2025: $568,9072025

Highlighted filing

2017

Assets$695,083
Liabilities$20,141
Net Assets$674,942
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

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

$200K$100K$0-$100KRevenue 2012: $73,947Expenses 2012: $120,545Net Income 2012: -$46,5982012Revenue 2013: $83,849Expenses 2013: $117,935Net Income 2013: -$34,0862013Revenue 2014: $96,506Expenses 2014: $117,487Net Income 2014: -$20,9812014Revenue 2015: $109,738Expenses 2015: $115,374Net Income 2015: -$5,6362015Revenue 2016: $98,812Expenses 2016: $126,919Net Income 2016: -$28,1072016Revenue 2017: $112,110Expenses 2017: $134,720Net Income 2017: -$22,6102017Revenue 2018: $125,617Expenses 2018: $129,365Net Income 2018: -$3,7482018Revenue 2019: $127,874Expenses 2019: $133,991Net Income 2019: -$6,1172019Revenue 2020: $127,858Expenses 2020: $159,293Net Income 2020: -$31,4352020Revenue 2021: $140,557Expenses 2021: $147,928Net Income 2021: -$7,3712021Revenue 2022: $146,685Expenses 2022: $148,770Net Income 2022: -$2,0852022Revenue 2023: $141,715Expenses 2023: $155,456Net Income 2023: -$13,7412023Revenue 2024: $146,638Expenses 2024: $176,734Net Income 2024: -$30,0962024Revenue 2025: $162,330Expenses 2025: $173,772Net Income 2025: -$11,4422025

Highlighted filing

2017

Revenue$112,110
Expenses$134,720
Net Income-$22,610
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
May 22, 2017
Return Version
2016v3.0
Gross Receipts
$112,110
Mission and Program Overview

Mission

Provide affordable housing for elderly and handicapped persons under the hud section 811 program

Provide affordable housing for elderly and handicapped person under the hud section 811 program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$613,295$590,017▼ $23,278
Savings and Temporary Cash Investments$84,730$92,296▲ $7,566
Cash and Non-Interest-Bearing Accounts$8,844$11,772▲ $2,928
Prepaid Expenses and Deferred Charges$1,208$998▼ $210
Accounts Receivable$383--
Total Assets$708,460$695,083▼ $13,377
Liabilities
Accounts Payable and Accrued Expenses$4,190$13,905▲ $9,715
Other Liabilities$6,189$6,003▼ $186
Deferred Revenue$529$233▼ $296
Total Liabilities$10,908$20,141▲ $9,233
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,141,400$1,141,400→ $0
Unrestricted Net Assets$-443,848$-466,458▼ $22,610
Total Net Assets Fund Balance$697,552$674,942▼ $22,610
Total Liabilities and Net Assets / Fund Balance$708,460$695,083▼ $13,377

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$531,558$547,581$1,079,139
Land$55,535-$55,535
Other Land Buildings$2,924$16,861$19,785
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Jesse SandozPresident
Cecil LaraDirector
Daniel SaucedoDirector
James CopelandDirector
Linda GarciaDirector
Rev Darnell DotsonDirector
Rev Nelson TorresDirector
Ruth EstradaDirector
Teresa WilliamsDirector
Linda CavazosSecretary
William SimsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$112,086
Investment Income
$24
Other Revenue
$0
Change in Net Assets
$-22,610

Audited Revenue Reconciliation

Revenue per Audited Statements
$112,110
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$112,110
Total Revenue per Form 990
$112,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$28,942--$28,942
Fees for Services Other$26,180--$26,180
Occupancy$16,563--$16,563
Fees for Services Management-$15,117-$15,117
Insurance$12,322--$12,322
Office Expenses$6,169--$6,169
Fees for Services Accounting$5,491--$5,491
Other Expenses$1,008--$1,008
Fees for Services Legal$413--$413
Advertising$284--$284
Conferences and Meetings$201--$201
All Other Expenses$68--$68
Total Functional Expenses$119,603$15,117$0$134,720

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$134,720
Total Expenses per Audited Statements$134,720
Total Expenses per Form 990$134,720
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
Security Deposits Payable$6,003
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The project pays a management fee of 13.5% of gross revenues to r.c. Management, inc. The management fee p.u.p.m. Was $52.49. The total management fee for the year ended march 31, 2017 was $15,117. All payroll and related activity (payroll taxes,workers compensation insurance, employee benefits and other) of the corporation is transacted through rc management, inc., and totaled $35,155 for the year ended march 31, 2017. Included in these charges were bookkeeping fees of $168 per month, as charged to the property for a total of $2,016 during fiscal year ended march 31, 2017.”

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

“The corporation has directors that can vote on new directors that are a part of the governing body.”

Form 990, Part VI, Section A, Line 8B

“Minutes are prepared for the meetings held by the governing board. There are no other committees, as such, no other minutes are produced. (note: there are very few meetings held during the year, if any.)”

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

“The governing body reviews the form 990 with the property manager, and if there are any questions or concerns, they will be answered prior to filing the return.”

Form 990, Part VI, Section C, Line 19

“The governing body will provide copies of the organizational documents, financial statement or form 990 upon request.”

Filing and Contact Details

Filer

Filer Name
Lasker Village Apartments
EIN
74-2725664
Phone
2103419133
Address
4702-2 WEST AVENUE, SAN ANTONIO, TX 78213

Signing Officer

Name
Jesse Sandoz
Title
President
Phone
2103419133
Signed
2017-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jesse Sandoz
Formed
1994
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Haass Lindow & Campsey Pc
Address
8122 DATAPOINT DR SUITE 830, SAN ANTONIO, TX 78229
Preparer
Caroline Lindow
Phone
2106970660
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Salaries and payroll taxes: program service expenses 25,617. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,617. Other administrative: program service expenses 563. Management and general expenses 0. Fundraising expenses 0. Total expenses 563.”

Raw XML AppendixShowing 400 of 426 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/BOYAmt04190
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013905
IRS990/AccountsReceivableGrp/BOYAmt0383
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOUSING FOR ELDERLY AND HANDICAPPED PERSON UNDER THE HUD SECTION 811 PROGRAM.
IRS990/AdvertisingGrp/ProgramServicesAmt0284
IRS990/AdvertisingGrp/TotalAmt0284
IRS990/AllOtherExpensesGrp/ProgramServicesAmt068
IRS990/AllOtherExpensesGrp/TotalAmt068
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RC MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum02103419133
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04702-2 WEST AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN ANTONIO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078213
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08844
IRS990/CashNonInterestBearingGrp/EOYAmt011772
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0201
IRS990/ConferencesMeetingsGrp/TotalAmt0201
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt024
IRS990/CYOtherExpensesAmt0134720
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0112086
IRS990/CYRevenuesLessExpensesAmt0-22610
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0134720
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0112110
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0529
IRS990/DeferredRevenueGrp/EOYAmt0233
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028942
IRS990/DepreciationDepletionGrp/TotalAmt028942
IRS990/Desc0THE CORPORATION WAS ORGANIZED AS A NONPROFIT ENTITY ON DECEMBER 22, 1994. THE CORPORATION ENTERED INTO AN AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN SAN ANTONIO, TEXAS, AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 24 UNITS, UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990 WITH SEC. 8 HOUSING ASSISTANCE. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT WAS FUNDED BY A CAPITAL ADVANCE UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED. UNDER THIS PROGRAM A MORTGAGE NOTE IS ISSUED THAT SHALL BEAR NO INTEREST AND PAYMENT IS NOT REQUIRED SO LONG AS THE HOUSING REMAINS AVAILABLE FOR VERY LOW-INCOME ELDERLY PERSONS OR VERY LOW-INCOME PERSONS WITH DISABILITIES IN ACCORDANCE WITH SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0119603
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05491
IRS990/FeesForServicesAccountingGrp/TotalAmt05491
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0413
IRS990/FeesForServicesLegalGrp/TotalAmt0413
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt015117
IRS990/FeesForServicesManagementGrp/TotalAmt015117
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt026180
IRS990/FeesForServicesOtherGrp/TotalAmt026180
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0TERESA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1REV DARNELL DOTSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL SAUCEDO
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES COPELAND
IRS990/Form990PartVIISectionAGrp/PersonNm4LINDA GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm5CECIL LARA
IRS990/Form990PartVIISectionAGrp/PersonNm6RUTH ESTRADA
IRS990/Form990PartVIISectionAGrp/PersonNm7REV NELSON TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm8LINDA CAVAZOS
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSE SANDOZ
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM SIMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0112110
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt012322
IRS990/InsuranceGrp/TotalAmt012322
IRS990/InvestmentIncomeGrp/ExclusionAmt024
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0564442
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0613295
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0590017
IRS990/LandBldgEquipCostOrOtherBssAmt01154459
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION WAS ORGANIZED AS A NONPROFIT ENTITY ON DECEMBER 22, 1994. THE CORPORATION ENTERED INTO AN AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN SAN ANTONIO, TEXAS, AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 24 UNITS, UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990 WITH SEC. 8 HOUSING ASSISTANCE. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT WAS FUNDED BY A CAPITAL ADVANCE UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED. UNDER THIS PROGRAM A MORTGAGE NOTE IS ISSUED THAT SHALL BEAR NO INTEREST AND PAYMENT IS NOT REQUIRED SO LONG AS THE HOUSING REMAINS AVAILABLE FOR VERY LOW-INCOME ELDERLY PERSONS OR VERY LOW-INCOME PERSONS WITH DISABILITIES IN ACCORDANCE WITH SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0697552
IRS990/NetAssetsOrFundBalancesEOYAmt0674942
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt016563
IRS990/OccupancyGrp/TotalAmt016563
IRS990/OfficeExpensesGrp/ProgramServicesAmt06169
IRS990/OfficeExpensesGrp/TotalAmt06169
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE AND CONTRAC
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2GARBAGE AND TRASH REMOV
IRS990/OtherExpensesGrp/Desc3SECURITY
IRS990/OtherExpensesGrp/ProgramServicesAmt013832
IRS990/OtherExpensesGrp/ProgramServicesAmt16219
IRS990/OtherExpensesGrp/ProgramServicesAmt21911
IRS990/OtherExpensesGrp/ProgramServicesAmt31008
IRS990/OtherExpensesGrp/TotalAmt013832
IRS990/OtherExpensesGrp/TotalAmt16219
IRS990/OtherExpensesGrp/TotalAmt21911
IRS990/OtherExpensesGrp/TotalAmt31008
IRS990/OtherLiabilitiesGrp/BOYAmt06189
IRS990/OtherLiabilitiesGrp/EOYAmt06003
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01208
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0998
IRS990/PrincipalOfficerNm0JESSE SANDOZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0HUD RENTAL SUBSIDIES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME - TENANT
IRS990/ProgramServiceRevenueGrp/Desc2OTHER CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059053
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151539
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059053
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0126919
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt098789
IRS990/PYRevenuesLessExpensesAmt0-28107
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0126919
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt098812
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22610
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0112086
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084730
IRS990/SavingsAndTempCashInvstGrp/EOYAmt092296
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0112086
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt098789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0109716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0500885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0130
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0500885
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0112086
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt098789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0109716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083814
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0500885
IRS990ScheduleA/TotalSupportAmt0501015
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0531558
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0547581
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01079139
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0134720
IRS990ScheduleD/LandGrp/BookValueAmt055535
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055535
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02924
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016861
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06003
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0112110
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0590017
IRS990ScheduleD/TotalExpensesPerForm990Amt0134720
IRS990ScheduleD/TotalLiabilityAmt06003
IRS990ScheduleD/TotalRevenuePerForm990Amt0112110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0112110
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0134720
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT PAYS A MANAGEMENT FEE OF 13.5% OF GROSS REVENUES TO R.C. MANAGEMENT, INC. THE MANAGEMENT FEE P.U.P.M. WAS $52.49. THE TOTAL MANAGEMENT FEE FOR THE YEAR ENDED MARCH 31, 2017 WAS $15,117. ALL PAYROLL AND RELATED ACTIVITY (PAYROLL TAXES,WORKERS COMPENSATION INSURANCE, EMPLOYEE BENEFITS AND OTHER) OF THE CORPORATION IS TRANSACTED THROUGH RC MANAGEMENT, INC., AND TOTALED $35,155 FOR THE YEAR ENDED MARCH 31, 2017. INCLUDED IN THESE CHARGES WERE BOOKKEEPING FEES OF $168 PER MONTH, AS CHARGED TO THE PROPERTY FOR A TOTAL OF $2,016 DURING FISCAL YEAR ENDED MARCH 31, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS DIRECTORS THAT CAN VOTE ON NEW DIRECTORS THAT ARE A PART OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES ARE PREPARED FOR THE MEETINGS HELD BY THE GOVERNING BOARD. THERE ARE NO OTHER COMMITTEES, AS SUCH, NO OTHER MINUTES ARE PRODUCED. (NOTE: THERE ARE VERY FEW MEETINGS HELD DURING THE YEAR, IF ANY.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY REVIEWS THE FORM 990 WITH THE PROPERTY MANAGER, AND IF THERE ARE ANY QUESTIONS OR CONCERNS, THEY WILL BE ANSWERED PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY WILL PROVIDE COPIES OF THE ORGANIZATIONAL DOCUMENTS, FINANCIAL STATEMENT OR FORM 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARIES AND PAYROLL TAXES: PROGRAM SERVICE EXPENSES 25,617. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,617. OTHER ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 563. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 563.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01141400
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01141400
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0708460
IRS990/TotalAssetsEOYAmt0695083
IRS990/TotalAssetsGrp/BOYAmt0708460
IRS990/TotalAssetsGrp/EOYAmt0695083
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015117
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0119603
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134720
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010908
IRS990/TotalLiabilitiesEOYAmt020141
IRS990/TotalLiabilitiesGrp/BOYAmt010908
IRS990/TotalLiabilitiesGrp/EOYAmt020141
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0697552
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0674942
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0119603
IRS990/TotalProgramServiceRevenueAmt0112086
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt024
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0112086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0112110
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0708460
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0695083
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-443848
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-466458
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04702-2 WEST AVENUE
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078213
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE SANDOZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02103419133
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LASKER VILLAGE APARTMENTS
ReturnHeader/Filer/BusinessNameControlTxt0LASK
ReturnHeader/Filer/EIN0742725664

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$695,083
Liabilities
$20,141
Net assets
$674,942
Revenue
$112,110
Expenses
$134,720
Net income
-$22,610
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.81$0.12$5.69$1.62$1.74$0.11
2024Detailed filing. Detailed filing data is available for this year.$5.96$0.16$5.80$1.47$1.77$0.30
2023Detailed filing. Detailed filing data is available for this year.$6.23$0.13$6.10$1.42$1.55$0.14
2022Detailed filing. Detailed filing data is available for this year.$6.36$0.12$6.24$1.47$1.49$0.02
2021Detailed filing. Detailed filing data is available for this year.$6.39$0.12$6.26$1.41$1.48$0.07
2020Summary only. Only limited summary data is available for this year.$6.48$0.14$6.34$1.28$1.59$0.31
2019Summary only. Only limited summary data is available for this year.$6.78$0.13$6.65$1.28$1.34$0.06
2018Summary only. Only limited summary data is available for this year.$6.86$0.15$6.71$1.26$1.29$0.04
2017Detailed filing. Detailed filing data is available for this year.$6.95$0.20$6.75$1.12$1.35$0.23
2016Detailed filing. Detailed filing data is available for this year.$7.08$0.11$6.98$0.99$1.27$0.28
2015Detailed filing. Detailed filing data is available for this year.$7.38$0.12$7.26$1.10$1.15$0.06
2014Detailed filing. Detailed filing data is available for this year.$7.42$0.11$7.31$0.97$1.17$0.21
2013Summary only. Only limited summary data is available for this year.$7.61$0.09$7.52$0.84$1.18$0.34
2012Summary only. Only limited summary data is available for this year.$7.95$0.09$7.86$0.74$1.21$0.47
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits