Civic Intelligence

Staunton United Methodist Housing C

EIN 74-3112447 • 501(c)3 • Roanoke, VA

Profile

Low income housing for the elderly.

1706 Grandin Road SWRoanoke, VA 24015
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.56x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

18.77x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

5th percentile

-61%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$60,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 23.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

-4.7%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

-0.9%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,140,007

Down $154,968 (-4.7%) from 2023

Liabilities

Up

$4,897,827

Up $4,071 (+0.1%) from 2023

Net Assets

Down

-$1,757,820

Down $159,039 (-9.9%) from 2023

Revenue

Down

$260,977

Down $2,398 (-0.9%) from 2023

Expenses

Up

$420,016

Up $71,124 (+20%) from 2023

Net Income

Down

-$159,039

Down $73,522 (-86%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2024

Assets$3,140,007
Liabilities$4,897,827
Net Assets-$1,757,820

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2024

Revenue$260,977
Expenses$420,016
Net Income-$159,039

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
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.2
Gross Receipts
$218,597
Mission and Program Overview

Mission

Low-income elderly housing

Low income elderly housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,395,235$3,270,507▼ $124,728
Cash and Non-Interest-Bearing Accounts$20,521$21,558▲ $1,037
Prepaid Expenses and Deferred Charges$10,507$2,923▼ $7,584
Accounts Receivable$34$31▼ $3
Total Assets$3,601,878$3,496,608▼ $105,270
Other Assets Total$175,581$201,589▲ $26,008
Liabilities
Other Liabilities$4,828,537$4,829,001▲ $464
Accounts Payable and Accrued Expenses$29,901$26,323▼ $3,578
Deferred Revenue$327$826▲ $499
Total Liabilities$4,858,765$4,856,150▼ $2,615
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,256,887$-1,359,542▼ $102,655
Total Net Assets Fund Balance$-1,256,887$-1,359,542▼ $102,655
Total Liabilities and Net Assets / Fund Balance$3,601,878$3,496,608▼ $105,270

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,124,114$1,346,157$4,470,271
Equipment$66,157$98,327$164,484
Other Land Buildings$10,236$138,204$148,440
Land$70,000-$70,000
Other Assets Org$169,668--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Larry DickensonPresident$40,000$40,000
Rev Ernest Herndon JrSecretary$7,200$7,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$90,505
Program Service Revenue
$127,993
Investment Income
$99
Other Revenue
$0
Change in Net Assets
$-102,655

Audited Revenue Reconciliation

Revenue per Audited Statements
$218,597
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$218,597
Total Revenue per Form 990
$218,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,901
Salaries, Compensation, and Employee Benefits$46,351
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$124,728--$124,728
Other Salaries and Wages$37,173--$37,173
Fees for Services Management$31,911--$31,911
Insurance$12,055--$12,055
Fees for Services Accounting$9,767--$9,767
Office Expenses$8,292--$8,292
Other Employee Benefits$6,299--$6,299
Advertising$3,466--$3,466
Payroll Taxes$2,879--$2,879
Other Expenses$49--$49
Fees for Services Legal$14--$14
Total Functional Expenses$321,252$0$0$321,252

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$321,252
Total Expenses per Audited Statements$321,252
Total Expenses per Form 990$321,252
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
Capital Advance$4,816,400
Tenant Security Deposits$12,601
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 apartment managing agent is amurcon realty company

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

The president reviews the prepared copy of form 990 prior to signing and filing.

Form 990, Part VI, Section B, Line 15

The president received 40,000 for board of director fee which is set and approved by the full board of directors annually.

Form 990, Part VI, Section C, Line 19

Documents are available for review upon request

Filing and Contact Details

Filer

Filer Name
Staunton United Methodist Housing
EIN
74-3112447
Phone
5403548022
Address
1706 GRANDIN ROAD SW, ROANOKE, VA 24015

Signing Officer

Name
Larry Dickenson
Title
President
Phone
5403548022
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Dickenson
Formed
2004
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
1829 EASTCHESTER DRIVE, HIGH POINT, NC 27265
Preparer
Kevin Rayfield
Phone
3368895156
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and the tax statutes of the commonwealth of virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes.

Raw XML AppendixShowing 400 of 661 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
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IRS990/AdvertisingGrp/ProgramServicesAmt03466
IRS990/AdvertisingGrp/TotalAmt03466
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMURCON REALTY COMPANY
IRS990/BooksInCareOfDetail/PhoneNum08046441020
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IRS990/Form990PartVIISectionAGrp/PersonNm0LARRY DICKENSON
IRS990/Form990PartVIISectionAGrp/PersonNm1REV ERNEST HERNDON JR
IRS990/Form990PartVIISectionAGrp/PersonNm2DR JAMES G O'QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm3DR ROBERT HINKLE
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IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN R JONES
IRS990/Form990PartVIISectionAGrp/PersonNm10ELIZABETH R HONEA
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IRS990/Form990PartVIISectionAGrp/PersonNm13DR VICTOR GOMEZ
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentInJointVentureInd00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03270507
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOW-INCOME ELDERLY HOUSING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1256887
IRS990/NetAssetsOrFundBalancesEOYAmt0-1359542
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1359542
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IRS990/OfficeExpensesGrp/TotalAmt08292
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IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0175581
IRS990/OtherAssetsTotalGrp/EOYAmt0201589
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06299
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06299
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
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IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE EXPENSES
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IRS990/OtherExpensesGrp/TotalAmt123354
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IRS990/PayrollTaxesGrp/ProgramServicesAmt02879
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02923
IRS990/PrincipalOfficerNm0LARRY DICKENSON
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076665
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076665
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01346157
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IRS990ScheduleD/EquipmentGrp/BookValueAmt066157
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098327
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012601
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119320
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2169668
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0138204
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14816400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL ADVANCE
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0218597
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0201589
IRS990ScheduleD/TotalExpensesPerForm990Amt0321252
IRS990ScheduleD/TotalLiabilityAmt04829001
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE APARTMENT MANAGING AGENT IS AMURCON REALTY COMPANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT REVIEWS THE PREPARED COPY OF FORM 990 PRIOR TO SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT RECEIVED 40,000 FOR BOARD OF DIRECTOR FEE WHICH IS SET AND APPROVED BY THE FULL BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A

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