Civic Intelligence

Staunton United Methodist Housing Corporation

990 • Fiscal year 2015 • EIN 74-3112447

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 16, 2015

220 Laurel StCulpeper, VA 22701

(540) 972-0521

Siviq Scores

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

Liabilities / Assets

94th percentile

1.20x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

27.28x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

5th percentile

-63%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

33rd percentile

-2.7%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-0.2%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,039,033

Down $112,268 (-2.7%) from 2014

Net Assets

Down

-$797,021

Down $112,369 (-16%) from 2014

Liabilities

Up

$4,836,054

Up $101 (+0.0%) from 2014

Revenue

Down

$177,293

Down $444 (-0.2%) from 2014

Expenses

Up

$289,662

Up $2,366 (+0.8%) from 2014

Net Income

Down

-$112,369

Down $2,810 (-2.6%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $4,376,006Liabilities 2012: $4,843,992Net Assets 2012: -$467,9862012Assets 2013: $4,261,211Liabilities 2013: $4,836,304Net Assets 2013: -$575,0932013Assets 2014: $4,151,301Liabilities 2014: $4,835,953Net Assets 2014: -$684,6522014Assets 2015: $4,039,033Liabilities 2015: $4,836,054Net Assets 2015: -$797,0212015Assets 2016: $3,912,885Liabilities 2016: $4,834,829Net Assets 2016: -$921,9442016Assets 2017: $3,813,416Liabilities 2017: $4,845,773Net Assets 2017: -$1,032,3572017Assets 2018: $3,712,633Liabilities 2018: $4,854,770Net Assets 2018: -$1,142,1372018Assets 2019: $3,601,881Liabilities 2019: $4,858,765Net Assets 2019: -$1,256,8842019Assets 2020: $3,496,608Liabilities 2020: $4,856,150Net Assets 2020: -$1,359,5422020Assets 2021: $3,414,868Liabilities 2021: $4,850,834Net Assets 2021: -$1,435,9662021Assets 2022: $3,346,097Liabilities 2022: $4,859,361Net Assets 2022: -$1,513,2642022Assets 2023: $3,294,975Liabilities 2023: $4,893,756Net Assets 2023: -$1,598,7812023Assets 2024: $3,140,007Liabilities 2024: $4,897,827Net Assets 2024: -$1,757,8202024

Highlighted filing

2015

Assets$4,039,033
Liabilities$4,836,054
Net Assets-$797,021

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $277,8472012Expenses 2013: $285,1132013Revenue 2014: $177,737Expenses 2014: $287,296Net Income 2014: -$109,5592014Revenue 2015: $177,293Expenses 2015: $289,662Net Income 2015: -$112,3692015Revenue 2016: $180,456Expenses 2016: $305,379Net Income 2016: -$124,9232016Revenue 2017: $191,867Expenses 2017: $302,280Net Income 2017: -$110,4132017Revenue 2018: $205,091Expenses 2018: $314,871Net Income 2018: -$109,7802018Revenue 2019: $211,770Expenses 2019: $326,517Net Income 2019: -$114,7472019Revenue 2020: $218,597Expenses 2020: $321,252Net Income 2020: -$102,6552020Revenue 2021: $237,262Expenses 2021: $313,686Net Income 2021: -$76,4242021Revenue 2022: $246,346Expenses 2022: $323,644Net Income 2022: -$77,2982022Revenue 2023: $263,375Expenses 2023: $348,892Net Income 2023: -$85,5172023Revenue 2024: $260,977Expenses 2024: $420,016Net Income 2024: -$159,0392024

Highlighted filing

2015

Revenue$177,293
Expenses$289,662
Net Income-$112,369
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 16, 2015
Return Version
2014v5.0
Gross Receipts
$177,293
Mission and Program Overview

Mission

Low-income elderly housing

Low income housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,007,135$3,875,696▼ $131,439
Cash and Non-Interest-Bearing Accounts$9,778$8,848▼ $930
Prepaid Expenses and Deferred Charges$3,354$3,496▲ $142
Accounts Receivable$1$224▲ $223
Total Assets$4,151,301$4,039,033▼ $112,268
Other Assets Total$131,033$150,769▲ $19,736
Liabilities
Other Liabilities$4,827,597$4,827,666▲ $69
Accounts Payable and Accrued Expenses$7,230$8,114▲ $884
Deferred Revenue$1,126$274▼ $852
Total Liabilities$4,835,953$4,836,054▲ $101
Net Assets / Fund Balance
Unrestricted Net Assets$-684,652$-797,021▼ $112,369
Total Net Assets Fund Balance$-684,652$-797,021▼ $112,369
Total Liabilities and Net Assets / Fund Balance$4,151,301$4,039,033▼ $112,268

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,658,861$778,842$4,437,703
Other Land Buildings$106,427$57,306$163,733
Equipment$40,408$92,672$133,080
Land$70,000-$70,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$72,897
Program Service Revenue
$98,857
Investment Income
$107
Other Revenue
$5,432
Change in Net Assets
$-112,369

Audited Revenue Reconciliation

Revenue per Audited Statements
$177,293
Total Revenue per Audited Statements
$177,293
Total Revenue per Form 990
$177,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$289,662
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$133,716--$133,716
Fees for Services Management$73,402--$73,402
Occupancy$67,367--$67,367
Fees for Services Accounting$9,688--$9,688
Office Expenses$2,363--$2,363
Advertising$117--$117
Other Expenses$103--$103
All Other Expenses$2--$2
Total Functional Expenses$289,662$0$0$289,662

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$289,662
Total Expenses per Audited Statements$289,662
Total Expenses per Form 990$289,662
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
Capital Advance-earned$4,816,400
Security Deposit Liab$11,178
Security Deposit Clearing$88
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
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, Page 6, Part VI, Line 3

Apartment managing agent is amurcon realty co.

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

The president, julius malinowski, reviews the prepared copy before signing.

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

NO COMPENSATION PAID.

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

NO COMPENSATION PAID.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Staunton United Methodist Housing C
EIN
74-3112447
Phone
5409720521
Address
220 LAUREL ST, CULPEPER, VA 22701

Signing Officer

Name
Julius Malinowski
Title
President
Phone
5409720521
Signed
2015-09-16

Organization Details

Principal Officer
Julius Malinowski
Formed
2004
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Arehart Associates Ltd
Address
320 FEDERAL ST, WAYNESBORO, VA 22980-4614
Preparer
Jan S Hoover
Phone
5409490124
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IRS990/OtherAssetsTotalGrp/BOYAmt0131033
IRS990/OtherAssetsTotalGrp/EOYAmt0150769
IRS990/OtherExpensesGrp/Desc0MISC. ADMIN EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER ADMINISTRATIVE EXP
IRS990/OtherExpensesGrp/Desc2COPIER EXPENSES
IRS990/OtherExpensesGrp/Desc3MISC ADMIN EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01501
IRS990/OtherExpensesGrp/ProgramServicesAmt11115
IRS990/OtherExpensesGrp/ProgramServicesAmt2288
IRS990/OtherExpensesGrp/ProgramServicesAmt3103
IRS990/OtherExpensesGrp/TotalAmt01501
IRS990/OtherExpensesGrp/TotalAmt11115
IRS990/OtherExpensesGrp/TotalAmt2288
IRS990/OtherExpensesGrp/TotalAmt3103
IRS990/OtherLiabilitiesGrp/BOYAmt04827597
IRS990/OtherLiabilitiesGrp/EOYAmt04827666
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2TENANT DAMAGES COLLECTED
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02446
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12400
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2586
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2586
IRS990/OtherRevenueTotalAmt05432
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03354
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03496
IRS990/PrincipalOfficerNm0JULIUS MALINOWSKI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GROSS POTENTIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc1VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100983
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-2126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100983
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-2126
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071851
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt090
IRS990/PYOtherExpensesAmt0287296
IRS990/PYOtherRevenueAmt05554
IRS990/PYProgramServiceRevenueAmt0100242
IRS990/PYRevenuesLessExpensesAmt0-109559
IRS990/PYTotalExpensesAmt0287296
IRS990/PYTotalRevenueAmt0177737
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-112369
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt071851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056492
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0282488
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0104396
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.98710
IRS990ScheduleA/PublicSupportTotal170Amt0282488
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt071851
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056492
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051617
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029631
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IRS990ScheduleA/TotalSupportAmt0282488
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt03658861
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0778842
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04437703
IRS990ScheduleD/EquipmentGrp/BookValueAmt040408
IRS990ScheduleD/EquipmentGrp/DepreciationAmt092672
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IRS990ScheduleD/ExpensesSubtotalAmt0289662
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057306
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04816400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111178
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt288
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL ADVANCE-EARNED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT LIAB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT CLEARING
IRS990ScheduleD/RevenueSubtotalAmt0177293
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03875696
IRS990ScheduleD/TotalExpensesPerForm990Amt0289662
IRS990ScheduleD/TotalLiabilityAmt04827666
IRS990ScheduleD/TotalRevenuePerForm990Amt0177293
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0APARTMENT MANAGING AGENT IS AMURCON REALTY CO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT, JULIUS MALINOWSKI, REVIEWS THE PREPARED COPY BEFORE SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMPENSATION PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMPENSATION PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
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/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd5false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd9false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd12false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$4.90$1.76$0.26$0.42$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$4.89$1.60$0.26$0.35$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$4.86$1.51$0.25$0.32$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$4.85$1.44$0.24$0.31$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$4.86$1.36$0.22$0.32$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$4.86$1.26$0.21$0.33$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$4.85$1.14$0.21$0.31$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$4.85$1.03$0.19$0.30$0.11
2016Detailed filing. Detailed filing data is available for this year.$3.91$4.83$0.92$0.18$0.31$0.12
2015Detailed filing. Detailed filing data is available for this year.$4.04$4.84$0.80$0.18$0.29$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$4.84$0.68$0.18$0.29$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$4.84$0.58$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$4.84$0.47$0.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits