Civic Intelligence

Silver Lake Housing Inc.

990 • Fiscal year 2017 • EIN 76-0065440

Jan 01, 2017 to Dec 31, 2017 • Filed on May 21, 2018

Organization ProfileN/A
2211 Norfolk St 740Houston, TX 77098

(713) 526-9470

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

3.66x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

57th percentile

5.7%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

35th percentile

-0.7%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,943,129

Down $14,331 (-0.7%) from 2016

Net Assets

Up

-$495,594

Up $37,944 (+7.1%) from 2016

Liabilities

Down

$2,438,723

Down $52,275 (-2.1%) from 2016

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin57th percentile

Revenue

Up

$667,176

Up $70,928 (+12%) from 2016

Expenses

Up

$629,232

Up $13,648 (+2.2%) from 2016

Net Income

Up

$37,944

Up $57,280 (+296%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,210,920Liabilities 2011: $2,508,097Net Assets 2011: -$297,1772011Assets 2012: $2,191,951Liabilities 2012: $2,460,933Net Assets 2012: -$268,9822012Assets 2013: $2,096,647Liabilities 2013: $2,606,233Net Assets 2013: -$509,5862013Assets 2014: $2,017,408Liabilities 2014: $2,563,582Net Assets 2014: -$546,1742014Assets 2015: $2,013,995Liabilities 2015: $2,528,197Net Assets 2015: -$514,2022015Assets 2016: $1,957,460Liabilities 2016: $2,490,998Net Assets 2016: -$533,5382016Assets 2017: $1,943,129Liabilities 2017: $2,438,723Net Assets 2017: -$495,5942017Assets 2018: $1,924,424Liabilities 2018: $2,400,082Net Assets 2018: -$475,6582018Assets 2019: $1,891,002Liabilities 2019: $2,360,963Net Assets 2019: -$469,9612019Assets 2020: $1,865,085Liabilities 2020: $2,385,119Net Assets 2020: -$520,0342020Assets 2021: $1,733,119Liabilities 2021: $2,322,287Net Assets 2021: -$589,1682021Assets 2022: $1,675,427Liabilities 2022: $2,266,514Net Assets 2022: -$591,0872022Assets 2023: $1,620,306Liabilities 2023: $2,217,498Net Assets 2023: -$597,1922023Assets 2024: $1,589,188Liabilities 2024: $2,164,820Net Assets 2024: -$575,6322024

Highlighted filing

2017

Assets$1,943,129
Liabilities$2,438,723
Net Assets-$495,594
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $710,748Expenses 2011: $758,904Net Income 2011: -$48,1562011Expenses 2012: $654,4062012Revenue 2013: $572,432Expenses 2013: $813,036Net Income 2013: -$240,6042013Revenue 2014: $573,865Expenses 2014: $610,454Net Income 2014: -$36,5892014Revenue 2015: $647,141Expenses 2015: $615,169Net Income 2015: $31,9722015Revenue 2016: $596,248Expenses 2016: $615,584Net Income 2016: -$19,3362016Revenue 2017: $667,176Expenses 2017: $629,232Net Income 2017: $37,9442017Revenue 2018: $679,478Expenses 2018: $659,543Net Income 2018: $19,9352018Revenue 2019: $706,322Expenses 2019: $700,625Net Income 2019: $5,6972019Revenue 2020: $703,416Expenses 2020: $753,486Net Income 2020: -$50,0702020Revenue 2021: $721,336Expenses 2021: $790,627Net Income 2021: -$69,2912021Revenue 2022: $778,990Expenses 2022: $780,843Net Income 2022: -$1,8532022Revenue 2023: $759,492Expenses 2023: $764,639Net Income 2023: -$5,1472023Revenue 2024: $801,786Expenses 2024: $779,833Net Income 2024: $21,9532024

Highlighted filing

2017

Revenue$667,176
Expenses$629,232
Net Income$37,944
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 21, 2018
Return Version
2017v2.3
Gross Receipts
$672,045
Mission and Program Overview

Mission

Silver lake housing corporation provides 91 units for the elderly through hud's rental assistance and loan insured programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,761,657$1,702,731▼ $58,926
Intangible Assets$75,313$72,922▼ $2,391
Prepaid Expenses and Deferred Charges$16,878$16,125▼ $753
Cash and Non-Interest-Bearing Accounts$5,930$14,441▲ $8,511
Total Assets$1,957,460$1,943,129▼ $14,331
Other Assets Total$97,682$136,910▲ $39,228
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,450,020$2,406,110▼ $43,910
Other Liabilities$22,812$23,575▲ $763
Accounts Payable and Accrued Expenses$18,166$9,038▼ $9,128
Total Liabilities$2,490,998$2,438,723▼ $52,275
Net Assets / Fund Balance
Unrestricted Net Assets$-533,538$-495,594▲ $37,944
Total Net Assets Fund Balance$-533,538$-495,594▲ $37,944
Total Liabilities and Net Assets / Fund Balance$1,957,460$1,943,129▼ $14,331

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,493,939$1,439,070$2,933,009
Equipment$15,064$243,558$258,622
Land$193,728-$193,728
Other Assets Org$1--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Wendell Phillips IiiPresident
Jim LemmingSecretary/tr
Tyler D Todd IiVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$670,273
Investment Income
$-4,800
Other Revenue
$1,703
Change in Net Assets
$37,944

Audited Revenue Reconciliation

Revenue per Audited Statements
$667,176
Total Revenue per Audited Statements
$667,176
Total Revenue per Form 990
$667,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,203
Salaries, Compensation, and Employee Benefits$178,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$144,633--$144,633
Other Salaries and Wages$132,347--$132,347
Depreciation Depletion$94,066--$94,066
Interest$82,885--$82,885
Fees for Services Management$16,249$24,373-$40,622
Insurance$39,224--$39,224
Other Employee Benefits$34,750--$34,750
Fees for Services Accounting-$18,319-$18,319
Office Expenses$17,356--$17,356
Payroll Taxes$10,932--$10,932
Information Technology$2,404--$2,404
Other Expenses$810--$810
Conferences and Meetings$495--$495
Travel$275--$275
Total Functional Expenses$586,540$42,692$0$629,232

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$629,232
Total Expenses per Audited Statements$629,232
Total Expenses per Form 990$629,232
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$23,575
Governance and Compliance

Governance Checklist

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

“Management of the apartment project has been delegated to houston housing management company under a formal contract.”

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

“The return is given to the treasurer, who reviews the return as a representative for the entire board. The return is then signed and mailed. The return is given to all board members at the next meeting.”

Form 990, Page 6, Part VI, Line 19

“All documents are made available through third party websites, such as guidestar, as well as through written request to the organization.”

Filing and Contact Details

Filer

Filer Name
Silver Lake Housing Inc
EIN
76-0065440
Phone
7135269470
Address
2211 NORFOLK ST 740, HOUSTON, TX 77098
Doing Business As
Silver Lake Retirement Community

Signing Officer

Name
Wendell Phillips Iii
Title
President
Phone
7135269470
Signed
2018-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendell Phillips Iii
Formed
1985
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
3

Preparer

Firm
Carlos Taboada & Company Pc
Address
1001 S DAIRY ASHFORD STE 370, HOUSTON, TX 77077-2333
Preparer
Carlos Taboada
Phone
2816063011
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Loss from disposition 0 loss from disposition 0”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

“LOSS FROM DISPOSITION 0”

Schedule D, Page 4, Part XII, Line 2D

“LOSS FROM DISPOSITION 0”

Raw XML Appendix387 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018166
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09038
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SILVER LAKE HOUSING CORPORATION PROVIDES 91 UNITS FOR THE ELDERLY THROUGH HUD'S RENTAL ASSISTANCE AND LOAN INSURED PROGRAMS.
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ROBERT LOISEAU
IRS990/BooksInCareOfDetail/PhoneNum07135269470
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02211 NORFOLK ST SUITE 740
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077098
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05930
IRS990/CashNonInterestBearingGrp/EOYAmt014441
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0495
IRS990/ConferencesMeetingsGrp/TotalAmt0495
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-4800
IRS990/CYOtherExpensesAmt0451203
IRS990/CYOtherRevenueAmt01703
IRS990/CYProgramServiceRevenueAmt0670273
IRS990/CYRevenuesLessExpensesAmt037944
IRS990/CYSalariesCompEmpBnftPaidAmt0178029
IRS990/CYTotalExpensesAmt0629232
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0667176
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt094066
IRS990/DepreciationDepletionGrp/TotalAmt094066
IRS990/Desc0SILVER LAKE HOUSING, INC. PROVIDES 91 UNITS FOR THE ELDERLY THROUGH A HUD SECTION 202 ELDERLY HOUSING PROGRAM. ALL PROGRAM SERVICES ARE RELATED TO THIS ACTIVITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SILVER LAKE RETIREMENT COMMUNITY
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0586540
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018319
IRS990/FeesForServicesAccountingGrp/TotalAmt018319
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt024373
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt016249
IRS990/FeesForServicesManagementGrp/TotalAmt040622
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0WENDELL PHILLIPS III
IRS990/Form990PartVIISectionAGrp/PersonNm1TYLER D TODD II
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM LEMMING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-4869
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0672045
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02404
IRS990/InformationTechnologyGrp/TotalAmt02404
IRS990/InsuranceGrp/ProgramServicesAmt039224
IRS990/InsuranceGrp/TotalAmt039224
IRS990/IntangibleAssetsGrp/BOYAmt075313
IRS990/IntangibleAssetsGrp/EOYAmt072922
IRS990/InterestGrp/ProgramServicesAmt082885
IRS990/InterestGrp/TotalAmt082885
IRS990/InvestmentIncomeGrp/ExclusionAmt069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01682628
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01761657
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01702731
IRS990/LandBldgEquipCostOrOtherBssAmt03385359
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04869
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SILVER LAKE HOUSING CORPORATION PROVIDES 91 UNITS FOR THE ELDERLY THROUGH HUD'S RENTAL ASSISTANCE AND LOAN INSURED PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02450020
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02406110
IRS990/NetAssetsOrFundBalancesBOYAmt0-533538
IRS990/NetAssetsOrFundBalancesEOYAmt0-495594
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4869
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4869
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0144633
IRS990/OccupancyGrp/TotalAmt0144633
IRS990/OfficeExpensesGrp/ProgramServicesAmt017356
IRS990/OfficeExpensesGrp/TotalAmt017356
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt097682
IRS990/OtherAssetsTotalGrp/EOYAmt0136910
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034750
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034750
IRS990/OtherExpensesGrp/Desc0MANAGER RENT FREE UNIT
IRS990/OtherExpensesGrp/Desc1RECREATION AND REHAB
IRS990/OtherExpensesGrp/ProgramServicesAmt010114
IRS990/OtherExpensesGrp/ProgramServicesAmt1810
IRS990/OtherExpensesGrp/TotalAmt010114
IRS990/OtherExpensesGrp/TotalAmt1810
IRS990/OtherLiabilitiesGrp/BOYAmt022812
IRS990/OtherLiabilitiesGrp/EOYAmt023575
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01587
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1116
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01587
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1116
IRS990/OtherRevenueTotalAmt01703
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132347
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132347
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt010932
IRS990/PayrollTaxesGrp/TotalAmt010932
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016878
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016125
IRS990/PrincipalOfficerNm0WENDELL PHILLIPS III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0HUD RENT SUPPLEMENT
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0433049
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1237224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0433049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1237224
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-64240
IRS990/PYOtherExpensesAmt0438762
IRS990/PYOtherRevenueAmt02672
IRS990/PYProgramServiceRevenueAmt0657816
IRS990/PYRevenuesLessExpensesAmt0-19336
IRS990/PYSalariesCompEmpBnftPaidAmt0176822
IRS990/PYTotalExpensesAmt0615584
IRS990/PYTotalRevenueAmt0596248
IRS990/ReconcilationRevenueExpnssAmt037944
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0670273
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt023,248
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt058
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0198
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0671976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0657816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0644141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0599133
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0572287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03145353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt058
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0198
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0592
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01703
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02672
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02878
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06379
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09616
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023248
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99250
IRS990ScheduleA/PublicSupportPY509Pct00.99230
IRS990ScheduleA/PublicSupportTotal509Amt03145353
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0671976
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0657816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0644141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0599133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0572287
IRS990ScheduleA/Total509Grp/TotalAmt03145353
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0673748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0660546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0647141
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0605710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0582048
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03169193
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01493939
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01439070
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02933009
IRS990ScheduleD/EquipmentGrp/BookValueAmt015064
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0243558
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0258622
IRS990ScheduleD/ExpensesSubtotalAmt0629232
IRS990ScheduleD/LandGrp/BookValueAmt0193728
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193728
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt087655
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt129467
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt219787
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0667176
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS FROM DISPOSITION 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS FROM DISPOSITION 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01702731
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0136910
IRS990ScheduleD/TotalExpensesPerForm990Amt0629232
IRS990ScheduleD/TotalLiabilityAmt023575
IRS990ScheduleD/TotalRevenuePerForm990Amt0667176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0667176
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0629232
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE APARTMENT PROJECT HAS BEEN DELEGATED TO HOUSTON HOUSING MANAGEMENT COMPANY UNDER A FORMAL CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS GIVEN TO THE TREASURER, WHO REVIEWS THE RETURN AS A REPRESENTATIVE FOR THE ENTIRE BOARD. THE RETURN IS THEN SIGNED AND MAILED. THE RETURN IS GIVEN TO ALL BOARD MEMBERS AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE MADE AVAILABLE THROUGH THIRD PARTY WEBSITES, SUCH AS GUIDESTAR, AS WELL AS THROUGH WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOSS FROM DISPOSITION 0 LOSS FROM DISPOSITION 0
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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01957460
IRS990/TotalAssetsEOYAmt01943129
IRS990/TotalAssetsGrp/BOYAmt01957460
IRS990/TotalAssetsGrp/EOYAmt01943129
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042692
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0586540
IRS990/TotalFunctionalExpensesGrp/TotalAmt0629232
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02490998
IRS990/TotalLiabilitiesEOYAmt02438723
IRS990/TotalLiabilitiesGrp/BOYAmt02490998
IRS990/TotalLiabilitiesGrp/EOYAmt02438723
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-533538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-495594
IRS990/TotalProgramServiceExpensesAmt0586540
IRS990/TotalProgramServiceRevenueAmt0670273
IRS990/TotalRevenueGrp/ExclusionAmt069
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0667107
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0667176
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01957460
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01943129
IRS990/TravelGrp/ProgramServicesAmt0275
IRS990/TravelGrp/TotalAmt0275
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-533538
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-495594
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02211 NORFOLK ST 470
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077098
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WENDELL PHILLIPS III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07135269470
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SILVER LAKE HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0760065440
ReturnHeader/Filer/PhoneNum07135269470
ReturnHeader/Filer/USAddress/AddressLine1Txt02211 NORFOLK ST 740
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077098
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId068391443E8F1BC2764ED7965D92710CBD1985FD8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId068391443E8F1BC2764ED7965D92710CBD1985FD8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.213.39.102
ReturnHeader/FilingSecurityInformation/IPDt02018-05-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:48:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452609906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLOS TABOADA & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 S DAIRY ASHFORD STE 370
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770772333
ReturnHeader/PreparerPersonGrp/PhoneNum02816063011
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLOS TABOADA
ReturnHeader/ReturnTs02018-05-22T08:48:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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
$1,943,129
Liabilities
$2,438,723
Net assets
-$495,594
Revenue
$667,176
Expenses
$629,232
Net income
$37,944
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$2.16$0.58$0.80$0.78$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.62$2.22$0.60$0.76$0.76$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.68$2.27$0.59$0.78$0.78$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.73$2.32$0.59$0.72$0.79$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.87$2.39$0.52$0.70$0.75$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.89$2.36$0.47$0.71$0.70$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.92$2.40$0.48$0.68$0.66$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.94$2.44$0.50$0.67$0.63$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.96$2.49$0.53$0.60$0.62$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.01$2.53$0.51$0.65$0.62$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.02$2.56$0.55$0.57$0.61$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.10$2.61$0.51$0.57$0.81$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$2.46$0.27$0.65
2011Summary only. Only limited summary data is available for this year.$2.21$2.51$0.30$0.71$0.76$0.05