Civic Intelligence

Rincon De Los Esteros Inc.

990 • Fiscal year 2021 • EIN 77-0329569

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

Organization ProfileWWW.FIRSTHOUSING.ORG
75 E Santa Clara Street 1300San Jose, CA 95113

(408) 291-8650

Siviq Scores

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

Liabilities / Assets

99th percentile

1.89x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

7.09x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

16th percentile

-3.7%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$374,405

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

12th percentile

-4.3%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

24th percentile

-3.6%

Faster revenue growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$17,513,891

Down $785,195 (-4.3%) from 2020

Net Assets

Down

-$15,548,019

Down $172,309 (-1.1%) from 2020

Liabilities

Down

$33,061,910

Down $612,886 (-1.8%) from 2020

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin16th percentile

Revenue

Down

$4,662,633

Down $175,395 (-3.6%) from 2020

Expenses

Down

$4,834,942

Down $244,470 (-4.8%) from 2020

Net Income

Up

-$172,309

Up $69,075 (+29%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$40M$20M$0-$20MAssets 2011: $22,538,109Liabilities 2011: $25,842,396Net Assets 2011: -$3,304,2872011Assets 2012: $22,124,984Liabilities 2012: $25,728,446Net Assets 2012: -$3,603,4622012Assets 2013: $21,843,153Liabilities 2013: $25,795,837Net Assets 2013: -$3,952,6842013Assets 2014: $21,853,028Liabilities 2014: $25,746,157Net Assets 2014: -$3,893,1292014Assets 2015: $21,745,595Liabilities 2015: $25,614,814Net Assets 2015: -$3,869,2192015Assets 2016: $24,292,309Liabilities 2016: $33,425,923Net Assets 2016: -$9,133,6142016Assets 2017: $25,185,092Liabilities 2017: $34,042,602Net Assets 2017: -$8,857,5102017Assets 2018: $24,733,138Liabilities 2018: $34,115,014Net Assets 2018: -$9,381,8762018Assets 2019: $18,647,740Liabilities 2019: $33,782,066Net Assets 2019: -$15,134,3262019Assets 2020: $18,299,086Liabilities 2020: $33,674,796Net Assets 2020: -$15,375,7102020Assets 2021: $17,513,891Liabilities 2021: $33,061,910Net Assets 2021: -$15,548,0192021Assets 2022: $16,687,590Liabilities 2022: $32,614,664Net Assets 2022: -$15,927,0742022Assets 2023: $2,243,652Liabilities 2023: $7,233,702Net Assets 2023: -$4,990,0502023Assets 2024: $39,806Liabilities 2024: $6,971,540Net Assets 2024: -$6,931,7342024

Highlighted filing

2021

Assets$17,513,891
Liabilities$33,061,910
Net Assets-$15,548,019
Open 2021 Filing

Operations Trend

Revenue Growth24th percentile

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

$40M$20M$0-$20MExpenses 2011: $3,675,8212011Expenses 2012: $3,815,0072012Revenue 2013: $3,732,386Expenses 2013: $4,081,608Net Income 2013: -$349,2222013Revenue 2014: $4,012,490Expenses 2014: $3,952,935Net Income 2014: $59,5552014Revenue 2015: $4,034,080Expenses 2015: $4,010,170Net Income 2015: $23,9102015Revenue 2016: $3,937,649Expenses 2016: $9,202,044Net Income 2016: -$5,264,3952016Revenue 2017: $4,303,077Expenses 2017: $4,130,372Net Income 2017: $172,7052017Revenue 2018: $4,375,183Expenses 2018: $4,899,549Net Income 2018: -$524,3662018Revenue 2019: $4,597,151Expenses 2019: $10,349,601Net Income 2019: -$5,752,4502019Revenue 2020: $4,838,028Expenses 2020: $5,079,412Net Income 2020: -$241,3842020Revenue 2021: $4,662,633Expenses 2021: $4,834,942Net Income 2021: -$172,3092021Revenue 2022: $4,686,516Expenses 2022: $5,065,571Net Income 2022: -$379,0552022Revenue 2023: $36,882,846Expenses 2023: $25,945,822Net Income 2023: $10,937,0242023Revenue 2024: -$50,372Expenses 2024: $1,891,312Net Income 2024: -$1,941,6842024

Highlighted filing

2021

Revenue$4,662,633
Expenses$4,834,942
Net Income-$172,309
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.2
Gross Receipts
$4,662,633
Mission and Program Overview

Mission

The corporation is organized to provide housing for low income persons and to serve as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.

Provides housing for low income persons and families and owns and operates apartment complexes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,407,754$18,866,619▼ $541,135
Cash and Non-Interest-Bearing Accounts$728,427$815,602▲ $87,175
Savings and Temporary Cash Investments$1,455,299$548,012▼ $907,287
Prepaid Expenses and Deferred Charges$158,084$186,939▲ $28,855
Accounts Receivable$76,024$128,118▲ $52,094
Investments Program Related$-5,592,441$-5,800,729▼ $208,288
Total Assets$18,299,086$17,513,891▼ $785,195
Other Assets Total$2,065,939$2,769,330▲ $703,391
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,056,380$31,476,878▼ $579,502
Other Liabilities$1,474,499$1,376,746▼ $97,753
Accounts Payable and Accrued Expenses$120,007$179,171▲ $59,164
Deferred Revenue$23,910$29,115▲ $5,205
Total Liabilities$33,674,796$33,061,910▼ $612,886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-15,375,710$-15,548,019▼ $172,309
Total Net Assets Fund Balance$-15,375,710$-15,548,019▼ $172,309
Total Liabilities and Net Assets / Fund Balance$18,299,086$17,513,891▼ $785,195

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,125,429$5,194,718$17,320,147
Land$5,414,594-$5,414,594
Other Land Buildings$1,326,596$1,400,326$2,726,922
Other Assets Org$107,175--
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Gary SchoennauerChairman of the Bod
Geoffrey MorganPresident/CEO of Fch
Dunia NoelDirector
Gerry DeyoungDirector
Jaime AnguloDirector
Jeff GeeDirector
Josh CrossDirector
Kermit ConleyDirector
Robert SherrardDirector
Ru WeerakoonDirector
Sandra Soellner - to Feb 2021Director
David MunsonDirector of Finance of Fch
Matthew JamesSecretary/director
Richard L ConniffVP/treasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$191,756
Program Service Revenue
$4,671,095
Investment Income
$8,070
Other Revenue
$-208,288
Change in Net Assets
$-172,309

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,662,633
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,662,633
Total Revenue per Form 990
$4,662,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,172,871
Salaries, Compensation, and Employee Benefits$662,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,144,517--$1,144,517
Fees for Services Management-$903,116-$903,116
Depreciation Depletion$778,772--$778,772
Occupancy$591,571--$591,571
Other Salaries and Wages$508,346--$508,346
Insurance$203,739--$203,739
Other Employee Benefits$103,864--$103,864
Office Expenses$74,131--$74,131
Fees for Services Other$50,772--$50,772
Payroll Taxes$43,871--$43,871
Fees for Services Accounting-$41,468-$41,468
Information Technology$6,431--$6,431
Pension Plan Contributions$5,990--$5,990
Other Expenses$5,213--$5,213
Advertising$4,006--$4,006
Conferences and Meetings-$2,466-$2,466
Travel$1,631--$1,631
Total Functional Expenses$3,887,892$947,050$0$4,834,942

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,834,942
Total Expenses per Audited Statements$4,834,942
Total Expenses per Form 990$4,834,942
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
Accounts Payable - Affiliates$740,104
Tenant Security Deposits$349,716
Accrued Interest$286,926
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
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 B, Line 11B

“A copy of the form 990 is provided to the board members, and the finance committee and management review and approve the form 990 before filing it.”

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

“Officers, directors and key employees are required to fill out a conflict of interest form annually disclosing any possible conflict. Those forms are given to the bod chairman, who evaluates the possible conflicts and follow the policies procedures.”

Form 990, Part VI, Section B, Line 15

“Form 990, part vi, line 15a and 15b top managment officials of the organization are compensated by first community housing, a related california non-profit organization.”

Form 990, Part VI, Section C, Line 19

“Financial statements and other public documents are provided upon request.”

Form 990 Part VII Section A Column (B)

“All board members attend board meetings of other related organizations. The ceo works 40 hours/week for first community housing, a related non-profit organization.”

Filing and Contact Details

Filer

Filer Name
Rincon De Los Esteros Inc
EIN
77-0329569
Phone
4082918650
Address
75 E SANTA CLARA STREET 1300, SAN JOSE, CA 95113

Signing Officer

Name
Geoffrey Morgan
Title
President & CEO of Fch
Phone
4082918650
Signed
2022-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffrey Morgan
Formed
1992
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Roberto Maragoni
Phone
4082006400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the organization in its federal and state tax returns are more-likely-than-not to be sustained upon examination. The organization files information returns in the u.s. Federal jurisdiction and state of california. The organization's federal returns for the tax years 2018 and beyond remain subject to examination by the internal revenue service. The organization's california returns for the tax years 2017 and beyond remain subject to examination by the franchise tax board.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOD
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/CEO OF FCH
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF FINANCE OF FCH
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0191756
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04662633
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/InsuranceGrp/TotalAmt0203739
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE CORPORATION IS ORGANIZED TO PROVIDE HOUSING FOR LOW INCOME PERSONS AND TO SERVE AS A GENERAL PARTNER IN LIMITED PARTNERSHIPS WHICH OWN AND OPERATE HOUSING FOR THE BENEFIT OF LOW INCOME PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-15375710
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-15548019
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0591571
IRS990/OccupancyGrp/TotalAmt0591571
IRS990/OfficeExpensesGrp/ProgramServicesAmt074131
IRS990/OfficeExpensesGrp/TotalAmt074131
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02065939
IRS990/OtherAssetsTotalGrp/EOYAmt02769330
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0103864
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103864
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ADMINISTRATOR'S UNIT
IRS990/OtherExpensesGrp/Desc2UNIFORM AND LAUNDRY
IRS990/OtherExpensesGrp/ProgramServicesAmt0340151
IRS990/OtherExpensesGrp/ProgramServicesAmt124887
IRS990/OtherExpensesGrp/ProgramServicesAmt25213
IRS990/OtherExpensesGrp/TotalAmt0340151
IRS990/OtherExpensesGrp/TotalAmt124887
IRS990/OtherExpensesGrp/TotalAmt25213
IRS990/OtherLiabilitiesGrp/BOYAmt01474499
IRS990/OtherLiabilitiesGrp/EOYAmt01376746
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0LOSS ON INVESTMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-208288
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-208288
IRS990/OtherRevenueTotalAmt0-208288
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0508346
IRS990/OtherSalariesAndWagesGrp/TotalAmt0508346
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt043871
IRS990/PayrollTaxesGrp/TotalAmt043871
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05990
IRS990/PensionPlanContributionsGrp/TotalAmt05990
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0158084
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0186939
IRS990/PrincipalOfficerNm0GEOFFREY MORGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUDRY AND OTHER TENAN
IRS990/ProgramServiceRevenueGrp/Desc2PARTNERSHIP MGMT FEE
IRS990/ProgramServiceRevenueGrp/Desc3SUSTAINABILITY PROJECT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04582032
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt185461
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04582032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31602
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION SERVES AS GENERAL PARTNER OF TWO LIMITED PARTNERSHIPS AND PROVIDES MANAGEMENT SERVICES TO BOTH PARTNERSHIPS. EACH PARTNERSHIP OWNS AND OPERATES MULTI-FAMILY APARTMENT BUILDINGS FOR A TOTAL OF 87 UNITS IN SAN JOSE AND SUNNYVALE. 209 PEOPLE WERE SERVED DURING THE YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0192239
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04791
IRS990/PYOtherExpensesAmt04411908
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04640998
IRS990/PYRevenuesLessExpensesAmt0-241384
IRS990/PYSalariesCompEmpBnftPaidAmt0667504
IRS990/PYTotalExpensesAmt05079412
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04838028
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-172309
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04460807
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01455299
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0548012
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FIRST COMMUNITY HOUSING
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012125429
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05194718
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017320147
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04834942
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05414594
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05414594
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0493327
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1285939
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21425273
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3101635
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4352231
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt53750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6107175
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RECEIVABLE FROM AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INSURANCE & TAX IMPOUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSIT

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,513,891
Liabilities
$33,061,910
Net assets
-$15,548,019
Revenue
$4,662,633
Expenses
$4,834,942
Net income
-$172,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$6.97$6.93$0.05$1.89$1.94
2023Summary only. Only limited summary data is available for this year.$2.24$7.23$4.99$36.9$25.9$10.9
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$32.6$15.9$4.69$5.07$0.38
2021Detailed filing. Detailed filing data is available for this year.$17.5$33.1$15.5$4.66$4.83$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$33.7$15.4$4.84$5.08$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$33.8$15.1$4.60$10.3$5.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$34.1$9.38$4.38$4.90$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$34.0$8.86$4.30$4.13$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$33.4$9.13$3.94$9.20$5.26
2015Detailed filing. Detailed filing data is available for this year.$21.7$25.6$3.87$4.03$4.01$0.02
2014Summary only. Only limited summary data is available for this year.$21.9$25.7$3.89$4.01$3.95$0.06
2013Detailed filing. Detailed filing data is available for this year.$21.8$25.8$3.95$3.73$4.08$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$25.7$3.60$3.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$25.8$3.30$3.68