Civic Intelligence

Preiss-Steele Place Housing Inc.

990 • Fiscal year 2013 • EIN 74-3196122

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 11, 2014

Organization ProfileN/A
330 E Main Street27701

(919) 683-1551

Siviq Scores

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

Liabilities / Assets

89th percentile

1.34x

Higher debt load relative to assets than 89% of similar nonprofits.

2013 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

72nd percentile

6.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Net Margin

28th percentile

-24%

Higher net margin than 28% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

83rd percentile

$240,367

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 50.4% of source-year revenue.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Asset Growth

12th percentile

-5.8%

Faster asset growth than 12% of similar nonprofits.

2013 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$2,159,074

Down $131,848 (-5.8%) from 2012

Net Assets

Down

-$727,124

Down $115,096 (-19%) from 2012

Liabilities

Down

$2,886,198

Down $16,752 (-0.6%) from 2012

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin28th percentile

Revenue

$476,762

No earlier filing loaded for comparison.

Expenses

Down

$591,858

Down $21,105 (-3.4%) from 2012

Net Income

-$115,096

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,626,838Liabilities 2010: $3,026,133Net Assets 2010: -$399,2952010Assets 2011: $2,459,608Liabilities 2011: $2,969,799Net Assets 2011: -$510,1912011Assets 2012: $2,290,922Liabilities 2012: $2,902,950Net Assets 2012: -$612,0282012Assets 2013: $2,159,074Liabilities 2013: $2,886,198Net Assets 2013: -$727,1242013Assets 2014: $1,881,447Liabilities 2014: $827,829Net Assets 2014: $1,053,6182014Assets 2015: $1,724,082Liabilities 2015: $548,164Net Assets 2015: $1,175,9182015Assets 2016: $1,804,805Liabilities 2016: $0Net Assets 2016: $1,804,8052016Assets 2017: $1,657,995Liabilities 2017: $0Net Assets 2017: $1,657,9952017Assets 2018: $1,657,995Liabilities 2018: $0Net Assets 2018: $1,657,9952018Assets 2019: $1,657,995Liabilities 2019: $0Net Assets 2019: $1,657,9952019Assets 2020: $1,657,995Liabilities 2020: $0Net Assets 2020: $1,657,9952020Assets 2021: $1,657,995Liabilities 2021: $0Net Assets 2021: $1,657,9952021Assets 2022: $1,657,995Liabilities 2022: $0Net Assets 2022: $1,657,9952022Assets 2023: $1,657,995Liabilities 2023: $0Net Assets 2023: $1,657,9952023Assets 2024: $1,657,995Liabilities 2024: $0Net Assets 2024: $1,657,9952024

Highlighted filing

2013

Assets$2,159,074
Liabilities$2,886,198
Net Assets-$727,124
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $686,2072010Expenses 2011: $603,0592011Expenses 2012: $612,9632012Revenue 2013: $476,762Expenses 2013: $591,858Net Income 2013: -$115,0962013Revenue 2014: $1,888,274Expenses 2014: $107,532Net Income 2014: $1,780,7422014Revenue 2015: $129,391Expenses 2015: $7,091Net Income 2015: $122,3002015Revenue 2016: $628,967Expenses 2016: $80Net Income 2016: $628,8872016Revenue 2017: $82,900Expenses 2017: $229,710Net Income 2017: -$146,8102017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2013

Revenue$476,762
Expenses$591,858
Net Income-$115,096
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$476,762
Mission and Program Overview

Mission

Preiss-steele place housing, inc. Is a non-profit entity whose mission is to acquire, construct, develop, and maintain affordable housing; and to revitalize communities and neighborhoods within durham, north carolina.

Development of low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,028,117$1,915,571▼ $112,546
Cash and Non-Interest-Bearing Accounts$116,276$116,307▲ $31
Accounts Receivable$18,815$2,175▼ $16,640
Inventories for Sale or Use$1,760$1,839▲ $79
Total Assets$2,290,922$2,159,074▼ $131,848
Other Assets Total$125,954$123,182▼ $2,772
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,270,455$2,145,307▼ $125,148
Other Liabilities$543,688$645,625▲ $101,937
Accounts Payable and Accrued Expenses$75,569$73,601▼ $1,968
Deferred Revenue$13,238$21,665▲ $8,427
Total Liabilities$2,902,950$2,886,198▼ $16,752
Net Assets / Fund Balance
Unrestricted Net Assets$-612,028$-727,124▼ $115,096
Total Net Assets Fund Balance$-612,028$-727,124▼ $115,096
Total Liabilities and Net Assets / Fund Balance$2,290,922$2,159,074▼ $131,848

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,484,152$3,438,203$4,922,355
Land$322,242-$322,242
Leasehold Improvements$109,177$32,940$142,117
Equipment$0$130,191$130,191
Other Assets Org$123,182--
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Thomas M NiemannChairman, Director
David J HaleyVice-president, Director
Barbara F LoftonDirector
George K QuickDirector
Gloria M NottinghamDirector
Isaac a RobinsonDirector
John S RamseyDirector
Dallas J ParksCEO, Secretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,767
Program Service Revenue
$416,965
Investment Income
$30
Other Revenue
$0
Change in Net Assets
$-115,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$476,762
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$476,762
Total Revenue per Form 990
$476,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$591,858
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$172,313--$172,313
Occupancy$79,442--$79,442
Interest$72,624--$72,624
Fees for Services Management-$29,096-$29,096
Insurance$20,237--$20,237
Office Expenses-$18,229-$18,229
Fees for Services Legal-$3,250-$3,250
Fees for Services Accounting-$3,054-$3,054
Travel-$1,862-$1,862
Advertising-$1,622-$1,622
Other Expenses$4,020$377-$377
Total Functional Expenses$504,676$87,182$0$591,858

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$591,858
Total Expenses per Audited Statements$591,858
Total Expenses per Form 990$591,858
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
Due to Affiliates$545,234
DUE TO AUTHORITY'S CENTRAL OFFICE COST CENTER$82,350
Tenant Security Deposits$18,041
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The housing authority for the city of durham is the sole member of the organization.”

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

“The commissioners of the housing authority of the city of durham shall elect the directors of the organization.”

Form 990, Part VI, Section B, Line 11

“The cfo reviews the 990. The ceo then reviews the return upon signing, if needed.”

Form 990, Part VI, Section B, Line 12C

“Officers and key employees are required to annually disclose interests that could give rise to conflict, but board members are not required. The policy was adopted in 2008. The staff has been trained on compliance.”

Form 990, Part VI, Section B, Line 15

“All employees are employed by the durham housing authority. There are no direct employees of this organization. Salaries for the officers of the durham housing authority are determined by the board of the durham housing authority.”

Form 990, Part VI, Section C, Line 19

“The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
74-3196122
Phone
9196831551

Signing Officer

Name
Dallas J Parks
Title
President
Phone
9196831551
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dallas J Parks
Formed
2007
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Preparer
Melissa Lafferty CPA
Phone
4104530900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed it oversight process or selection process for the financial statement audit during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Psphi is exempt from income tax under section 501(c)(3) of the internal revenue code. Accordingly, no federal income taxes have been provided in the accompanying financial statements. Psphi adopted the guidance related to accounting for uncertainty in income taxes. Management has determined that psphi has no material uncertain tax positions that would require recognition under fasb asc 740. The returns for calendar years 2010 through 2012 remain subject to examination by federal and various state tax jurisdictions.”

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

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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0416965
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt033333
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0159767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01316
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0416965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0477755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0427374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0401088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0396120
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02119302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01316
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01786
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00350
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03902
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03902
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95380
IRS990ScheduleA/PublicSupportPY509Pct00.96080
IRS990ScheduleA/PublicSupportTotal509Amt02179281
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt032514
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt023562
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt019596
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt014254
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt09862
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt099788
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt032514
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt023562
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt019596
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt014254
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt09862
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt099788
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0476732
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0511088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0494041
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0401088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0396120
IRS990ScheduleA/Total509Grp/TotalAmt02279069
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0476762
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0511127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0494163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0401367
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0401338
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02284757
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01484152
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03438203
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04922355
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0130191
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0130191
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0591858
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0322242
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0322242
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0109177
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt032940
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0142117
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0123182
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt182350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2545234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AUTHORITY'S CENTRAL OFFICE COST CENTER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0476762
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PSPHI IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO FEDERAL INCOME TAXES HAVE BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PSPHI ADOPTED THE GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS DETERMINED THAT PSPHI HAS NO MATERIAL UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION UNDER FASB ASC 740. THE RETURNS FOR CALENDAR YEARS 2010 THROUGH 2012 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND VARIOUS STATE TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01915571
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0123182
IRS990ScheduleD/TotalExpensesPerForm990Amt0591858
IRS990ScheduleD/TotalLiabilityAmt0645625
IRS990ScheduleD/TotalRevenuePerForm990Amt0476762
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0476762
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0591858
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt017500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0179540
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012690
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt024559
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt06078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALLAS J PARKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO, SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0240367
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HOUSING AUTHORITY FOR THE CITY OF DURHAM IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMISSIONERS OF THE HOUSING AUTHORITY OF THE CITY OF DURHAM SHALL ELECT THE DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CFO REVIEWS THE 990. THE CEO THEN REVIEWS THE RETURN UPON SIGNING, IF NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, BUT BOARD MEMBERS ARE NOT REQUIRED. THE POLICY WAS ADOPTED IN 2008. THE STAFF HAS BEEN TRAINED ON COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. THERE ARE NO DIRECT EMPLOYEES OF THIS ORGANIZATION. SALARIES FOR THE OFFICERS OF THE DURHAM HOUSING AUTHORITY ARE DETERMINED BY THE BOARD OF THE DURHAM HOUSING AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS NOT CHANGED IT OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE FINANCIAL STATEMENT AUDIT DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,159,074
Liabilities
$2,886,198
Net assets
-$727,124
Revenue
$476,762
Expenses
$591,858
Net income
-$115,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.08$0.23$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.63$0.00$0.63
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.55$1.18$0.13$0.01$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.83$1.05$1.89$0.11$1.78
2013Detailed filing. Detailed filing data is available for this year.$2.16$2.89$0.73$0.48$0.59$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$2.90$0.61$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$2.97$0.51$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$3.03$0.40$0.69