Civic Intelligence

Fair Haven West Inc C/O Darwin T Lynner Co Inc

990 • Fiscal year 2014 • EIN 77-0630779

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 04, 2015

2930 Bell AvenueDes Moines, IA 50321-1421

(515) 243-8300

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

46th percentile

0.09x

Higher debt load relative to revenue than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

4th percentile

-62%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

26th percentile

-3.2%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

42nd percentile

1.1%

Faster revenue growth than 42% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,237,744

Down $73,555 (-3.2%) from 2013

Net Assets

Down

$2,227,012

Down $75,008 (-3.3%) from 2013

Liabilities

Up

$10,732

Up $1,453 (+16%) from 2013

Revenue

Up

$121,092

Up $1,344 (+1.1%) from 2013

Expenses

Up

$196,100

Up $8,405 (+4.5%) from 2013

Net Income

Down

-$75,008

Down $7,061 (-10%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,530,732Liabilities 2010: $12,810Net Assets 2010: $2,517,9222010Assets 2011: $2,458,891Liabilities 2011: $11,708Net Assets 2011: $2,447,1832011Assets 2012: $2,379,154Liabilities 2012: $9,187Net Assets 2012: $2,369,9672012Assets 2013: $2,311,299Liabilities 2013: $9,279Net Assets 2013: $2,302,0202013Assets 2014: $2,237,744Liabilities 2014: $10,732Net Assets 2014: $2,227,0122014Assets 2015: $2,187,584Liabilities 2015: $34,920Net Assets 2015: $2,152,6642015Assets 2016: $2,140,633Liabilities 2016: $39,142Net Assets 2016: $2,101,4912016Assets 2017: $2,079,295Liabilities 2017: $49,321Net Assets 2017: $2,029,9742017Assets 2018: $2,017,872Liabilities 2018: $61,028Net Assets 2018: $1,956,8442018Assets 2019: $1,969,104Liabilities 2019: $57,086Net Assets 2019: $1,912,0182019Assets 2020: $1,933,895Liabilities 2020: $58,144Net Assets 2020: $1,875,7512020Assets 2021: $1,897,762Liabilities 2021: $66,919Net Assets 2021: $1,830,8432021Assets 2022: $1,865,334Liabilities 2022: $106,575Net Assets 2022: $1,758,7592022Assets 2023: $1,772,093Liabilities 2023: $54,881Net Assets 2023: $1,717,2122023Assets 2024: $1,719,295Liabilities 2024: $87,994Net Assets 2024: $1,631,3012024

Highlighted filing

2014

Assets$2,237,744
Liabilities$10,732
Net Assets$2,227,012

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $172,3932010Expenses 2011: $186,0542011Expenses 2012: $186,3782012Revenue 2013: $119,748Expenses 2013: $187,695Net Income 2013: -$67,9472013Revenue 2014: $121,092Expenses 2014: $196,100Net Income 2014: -$75,0082014Revenue 2015: $124,743Expenses 2015: $199,091Net Income 2015: -$74,3482015Revenue 2016: $135,753Expenses 2016: $186,926Net Income 2016: -$51,1732016Revenue 2017: $137,992Expenses 2017: $209,509Net Income 2017: -$71,5172017Revenue 2018: $139,996Expenses 2018: $213,126Net Income 2018: -$73,1302018Revenue 2019: $153,482Expenses 2019: $198,308Net Income 2019: -$44,8262019Revenue 2020: $158,782Expenses 2020: $195,049Net Income 2020: -$36,2672020Revenue 2021: $152,459Expenses 2021: $197,367Net Income 2021: -$44,9082021Revenue 2022: $140,429Expenses 2022: $212,513Net Income 2022: -$72,0842022Revenue 2023: $162,674Expenses 2023: $204,221Net Income 2023: -$41,5472023Revenue 2024: $149,889Expenses 2024: $235,800Net Income 2024: -$85,9112024

Highlighted filing

2014

Revenue$121,092
Expenses$196,100
Net Income-$75,008
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 4, 2015
Return Version
2014v5.0
Gross Receipts
$121,092
Mission and Program Overview

Mission

Fair haven west apartments, inc. Is an iowa not-for-profit corporation that was organized to construct, own and operate a 29 unit apartment community known as fair haven west apartments located in des moines, iowa. The community is being financed with capital advances insured by the department of housing and urban development under section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,088,532$2,007,184▼ $81,348
Investments Program Related$197,543$208,812▲ $11,269
Prepaid Expenses and Deferred Charges$8,189$10,071▲ $1,882
Cash and Non-Interest-Bearing Accounts$8,160$3,301▼ $4,859
Accounts Receivable$1,102$288▼ $814
Total Assets$2,311,299$2,237,744▼ $73,555
Other Assets Total$7,773$8,088▲ $315
Liabilities
Other Liabilities$7,473$7,815▲ $342
Accounts Payable and Accrued Expenses$1,633$2,744▲ $1,111
Deferred Revenue$173$173→ $0
Total Liabilities$9,279$10,732▲ $1,453
Net Assets / Fund Balance
Unrestricted Net Assets$2,302,020$2,227,012▼ $75,008
Total Net Assets Fund Balance$2,302,020$2,227,012▼ $75,008
Total Liabilities and Net Assets / Fund Balance$2,311,299$2,237,744▼ $73,555

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,891,474$511,225$2,402,699
Leasehold Improvements$107,525$79,475$187,000
Equipment$8,185$99,193$107,378
Investment Program Related Org$31,100--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob BuyertPresident
Jerry EllisVice President & Treasurer
Elinor BogaardDirector
John Vander WertDirector
Kay De CookDirector
Morry BlankespoorDirector
Mary GlendeningSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$25,258
Program Service Revenue
$91,503
Investment Income
$991
Other Revenue
$3,340
Change in Net Assets
$-75,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$121,092
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$121,092
Total Revenue per Form 990
$121,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,100
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$81,349--$81,349
Occupancy$75,700--$75,700
Other Expenses$14,654--$14,654
Fees for Services Management-$13,207-$13,207
Fees for Services Accounting-$5,655-$5,655
Office Expenses-$5,506-$5,506
Advertising-$29-$29
Total Functional Expenses$171,703$24,397$0$196,100

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$196,100
Total Expenses per Audited Statements$196,100
Total Expenses per Form 990$196,100
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
Security Deposits$7,815
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Fair haven west, inc. Is managed by darwin t. Lynner, inc., a professional property management company. Darwin t. Lynner, inc. Has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing and urban development. Under this certification, hud has approved darwin t. Lynner, inc. To manage the fair haven west apartment community. The management contract encompasses the day to day operations of the project including, but not limited to collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

Form 990, Part VI, Section B, Line 11

The auditing firm sends a draft of the return to the management company. The management company forwards a copy of the return to each board member for their comments prior to filing.

Form 990, Part VI, Section B, Line 12

Review the policy on an annual basis with the board of directors to make sure that everyone is in compliance.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fair Haven West Inc
EIN
77-0630779
Phone
5152438300
Address
2930 BELL AVENUE, DES MOINES, IA 50321-1421

Signing Officer

Name
Robert E Buyert
Title
President
Phone
5152438300
Signed
2015-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert E Buyert
Formed
2006
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD STE 300, CARMEL, IN 46032
Preparer
Jessica Cooper
Phone
3178485700
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

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IRS990/PYContributionsGrantsAmt018107
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0883
IRS990/PYOtherExpensesAmt0187695
IRS990/PYOtherRevenueAmt04571
IRS990/PYProgramServiceRevenueAmt096187
IRS990/PYRevenuesLessExpensesAmt0-67947
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0187695
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0119748
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-75008
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0122
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt091503
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018107
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06195
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt067282
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0982
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01400
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01792
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01649
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06936
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt091503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt096187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt093895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt098635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0101456
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0481676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0982
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01792
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06936
IRS990ScheduleA/InvestmentIncomeCYPct00.01200
IRS990ScheduleA/InvestmentIncomePYPct00.01420
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03218
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05137
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05896
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04015
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022738
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94870
IRS990ScheduleA/PublicSupportPY509Pct00.92690
IRS990ScheduleA/PublicSupportTotal509Amt0548958
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0116761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0114294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0102625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0107627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0107651
IRS990ScheduleA/Total509Grp/TotalAmt0548958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0121092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0119748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0109162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0115315
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0113315
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0578632
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/BookValueAmt01891474
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0511225
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02402699
IRS990ScheduleD/EquipmentGrp/BookValueAmt08185
IRS990ScheduleD/EquipmentGrp/DepreciationAmt099193
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107378
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0196100
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0177712
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt131100
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESERVE REPLACEMENT FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0107525
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt079475
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0187000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0121092
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02007184
IRS990ScheduleD/TotalBookValueProgramRltdAmt0208812
IRS990ScheduleD/TotalExpensesPerForm990Amt0196100
IRS990ScheduleD/TotalLiabilityAmt07815
IRS990ScheduleD/TotalRevenuePerForm990Amt0121092
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0121092
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0196100
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAIR HAVEN WEST, INC. IS MANAGED BY DARWIN T. LYNNER, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. DARWIN T. LYNNER, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED DARWIN T. LYNNER, INC. TO MANAGE THE FAIR HAVEN WEST APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02311299
IRS990/TotalAssetsEOYAmt02237744
IRS990/TotalAssetsGrp/BOYAmt02311299
IRS990/TotalAssetsGrp/EOYAmt02237744
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt025258
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171703
IRS990/TotalFunctionalExpensesGrp/TotalAmt0196100
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09279
IRS990/TotalLiabilitiesEOYAmt010732
IRS990/TotalLiabilitiesGrp/BOYAmt09279
IRS990/TotalLiabilitiesGrp/EOYAmt010732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02302020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02227012
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171703
IRS990/TotalProgramServiceRevenueAmt091503
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04331
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0121092
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02311299
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02237744
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.72$0.09$1.63$0.15$0.24$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.77$0.05$1.72$0.16$0.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.11$1.76$0.14$0.21$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.07$1.83$0.15$0.20$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.06$1.88$0.16$0.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.06$1.91$0.15$0.20$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.06$1.96$0.14$0.21$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.05$2.03$0.14$0.21$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.04$2.10$0.14$0.19$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.19$0.03$2.15$0.12$0.20$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.01$2.23$0.12$0.20$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.31$0.01$2.30$0.12$0.19$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.01$2.37$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.01$2.45$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.01$2.52$0.17