Civic Intelligence

Parallel Senior Villas Inc.

990 • Fiscal year 2020 • EIN 80-0740258

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

7920 Ward ParkwayKansas City, MO 64114

(913) 788-9090

Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

15.75x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

7th percentile

-49%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

$3,549,369

No earlier filing loaded for comparison.

Net Assets

-$1,561,809

No earlier filing loaded for comparison.

Liabilities

$5,111,178

No earlier filing loaded for comparison.

Revenue

$324,617

No earlier filing loaded for comparison.

Expenses

$484,632

No earlier filing loaded for comparison.

Net Income

-$160,015

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2020: $3,549,369Liabilities 2020: $5,111,178Net Assets 2020: -$1,561,8092020Assets 2021: $3,384,999Liabilities 2021: $5,118,003Net Assets 2021: -$1,733,0042021Assets 2022: $3,234,475Liabilities 2022: $5,195,247Net Assets 2022: -$1,960,7722022Assets 2023: $3,041,867Liabilities 2023: $5,139,256Net Assets 2023: -$2,097,3892023Assets 2024: $2,907,116Liabilities 2024: $5,128,560Net Assets 2024: -$2,221,4442024

Highlighted filing

2020

Assets$3,549,369
Liabilities$5,111,178
Net Assets-$1,561,809

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $324,617Expenses 2020: $484,632Net Income 2020: -$160,0152020Revenue 2021: $338,170Expenses 2021: $509,365Net Income 2021: -$171,1952021Revenue 2022: $360,598Expenses 2022: $588,366Net Income 2022: -$227,7682022Revenue 2023: $446,442Expenses 2023: $583,059Net Income 2023: -$136,6172023Revenue 2024: $488,355Expenses 2024: $612,410Net Income 2024: -$124,0552024

Highlighted filing

2020

Revenue$324,617
Expenses$484,632
Net Income-$160,015
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$324,617
Mission and Program Overview

Mission

Our mission is to provide affordable housing with supportive services to low income elderly or handicapped persons that will allow them to live independently. Our sole activity is providing housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,626,880$3,467,414▼ $159,466
Investments Program Related$56,152$40,783▼ $15,369
Prepaid Expenses and Deferred Charges$12,886$18,699▲ $5,813
Cash and Non-Interest-Bearing Accounts$2,595$8,467▲ $5,872
Accounts Receivable$23$776▲ $753
Total Assets$3,711,834$3,549,369▼ $162,465
Other Assets Total$13,298$13,230▼ $68
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,085,312$5,085,312→ $0
Escrow Account Liability$13,298$13,230▼ $68
Accounts Payable and Accrued Expenses$13,438$11,279▼ $2,159
Deferred Revenue$1,580$1,357▼ $223
Total Liabilities$5,113,628$5,111,178▼ $2,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,401,794$-1,561,809▼ $160,015
Total Net Assets Fund Balance$-1,401,794$-1,561,809▼ $160,015
Total Liabilities and Net Assets / Fund Balance$3,711,834$3,549,369▼ $162,465

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,300,194$1,307,620$4,607,814
Land$163,990-$163,990
Equipment$3,230$109,542$112,772
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randy GeorgeChair
Alvin WilliamsDirector
Artrell HarrisDirector
Carlton WellsDirector
James MaxwellDirector
Stanley AddisonDirector
Oscar WilliamsFinancial Secretary
William DavisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$324,445
Investment Income
$172
Other Revenue
$0
Change in Net Assets
$-160,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$324,617
Revenue Not Reported on Form 990
$8,051
Total Revenue per Audited Statements
$332,668
Total Revenue per Form 990
$324,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$484,632
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$149,829$16,648-$166,477
Occupancy$80,614$8,957-$89,571
Fees for Services Management$12,507$12,507-$25,014
All Other Expenses$2,671$5,946-$8,617
Fees for Services Accounting-$7,165-$7,165
Other Expenses$2,930$2,732-$5,662
Office Expenses$2,767$2,767-$5,534
Advertising$1,176--$1,176
Conferences and Meetings$280$280-$560
Fees for Services Legal$538--$538
Total Functional Expenses$390,521$94,111$0$484,632

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$492,683
Expenses per Audited Statements$484,632
Total Expenses per Form 990$484,632
Expenses Not Reported on Form 990$8,051
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The Organization employs a management company to oversee the day-to-day rental activities.

Form 990, Part VI, Section A, Line 8B

This question is not applicable because committees cannot bind the Organization without board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable.

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

This tax return was prepared the the external audit firm and reviewed by the management company. Once approved by the management company, the tax return is provided to the entire board for review prior to filing.

Form 990, Part VI, Section B, Line 15A,B

These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary.

Form 990, Part VI, Section C, Line 19

These documents are maintainted at the Organizations corporate office see mailing address and made available upon request to parties at no charge.

Filing and Contact Details

Filer

Filer Name
Parallel Senior Villas Inc
EIN
80-0740258
Phone
9137889090
Address
7920 WARD PARKWAY, KANSAS CITY, MO 64114

Signing Officer

Name
Fred Arreguin
Title
CFO Management Agent
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy George
Formed
2010
Legal Domicile
Ks
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Welch & Associates LLC
Address
920 Main Street Suite 640, Kansas City, MO 64105
Preparer
Brian D Welch
Phone
8167562620
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1C

This question is not applicable however, the question must be answered to electronically file. Accordingly, we checked No as we have not received correspondence from the IRS requiring back-up withholding.

Financial Statement Notes

IV 2B

The Organization collects security deposits from its resident tenants that are refunded/retained at the time the tenant moves out depending on any outstanding charges owed by the tenant.

X 2

The Organization accounts for uncertain tax positions in accordance with the provisions of FASB Codification Topic 740, Income Taxes. Topic 740 clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organizations income tax returns. Under Topic 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization. The Organization has filed all required tax returns in the required jurisdictions in a timely manner. The Organizations income and tax filings are subject to audit by various taxing authorities. The Organizations Federal Return of Organization Exempt from Income Tax Form 990s for the years ended December 31, 2017 through 2019 remain subject to examination by the Internal Revenue Service, generally for three years after they are filed.Management evaluates the Organizations tax positions annually for any potential changes or issues that may result in uncertainty in the accounting for income taxes and makes a determination regarding their likelihood of being upheld under review. Management has reviewed all sources of revenue and believes that none of the activities have produced income subject to tax on unrelated business income. Management believes that the Organizations operations have been conducted in accordance with its tax-exempt status, that all tax positions have been addressed and that there are no unrecorded tax liabilities. The Organization did not record any interest or penalties in the Statement of Activities or Statement of Financial Position as of and during the year ended December 31, 2020.

XI 2D

Rent free unit provided to on-site manager is shown as expense in the audited financial statements. In this tax return, the cost of the rent free unit is shown as a reduction in rental income.

XII 2D

See explanation for Part XI, Line 2d

Raw XML AppendixShowing 400 of 452 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/BOYAmt013438
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011279
IRS990/AccountsReceivableGrp/BOYAmt023
IRS990/AccountsReceivableGrp/EOYAmt0776
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Our mission is to provide affordable housing with supportive services to low income elderly or handicapped persons that will allow them to live independently. Our sole activity is providing housing.
IRS990/AdvertisingGrp/ProgramServicesAmt01176
IRS990/AdvertisingGrp/TotalAmt01176
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05946
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02671
IRS990/AllOtherExpensesGrp/TotalAmt08617
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YARCO COMPANY INC
IRS990/BooksInCareOfDetail/PhoneNum08165614240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07920 WARD PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0KANSAS CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd064114
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02595
IRS990/CashNonInterestBearingGrp/EOYAmt08467
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0280
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0280
IRS990/ConferencesMeetingsGrp/TotalAmt0560
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0172
IRS990/CYOtherExpensesAmt0484632
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0324445
IRS990/CYRevenuesLessExpensesAmt0-160015
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0484632
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0324617
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01580
IRS990/DeferredRevenueGrp/EOYAmt01357
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016648
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0149829
IRS990/DepreciationDepletionGrp/TotalAmt0166477
IRS990/Desc0The Organization operated a 41 unit apartment complex for very low-income elderly persons in Kansas City, Kansas pursuant to Section 202 of the National Housing Act.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt013298
IRS990/EscrowAccountLiabilityGrp/EOYAmt013230
IRS990/ExpenseAmt0352460
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07165
IRS990/FeesForServicesAccountingGrp/TotalAmt07165
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0538
IRS990/FeesForServicesLegalGrp/TotalAmt0538
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt012507
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012507
IRS990/FeesForServicesManagementGrp/TotalAmt025014
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0RANDY GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2OSCAR WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm3STANLEY ADDISON
IRS990/Form990PartVIISectionAGrp/PersonNm4ARTRELL HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5ALVIN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm7CARLTON WELLS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FINANCIAL SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0324617
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0172
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt056152
IRS990/InvestmentsProgramRelatedGrp/EOYAmt040783
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01413526
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03626880
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03467414
IRS990/LandBldgEquipCostOrOtherBssAmt04880940
IRS990/LegalDomicileStateCd0KS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Our mission is to provide affordable housing with supportive services to low income elderly or handicapped persons that will allow them to live independently. Our sole activity is providing housing.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05085312
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05085312
IRS990/NetAssetsOrFundBalancesBOYAmt0-1401794
IRS990/NetAssetsOrFundBalancesEOYAmt0-1561809
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1401794
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1561809
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08957
IRS990/OccupancyGrp/ProgramServicesAmt080614
IRS990/OccupancyGrp/TotalAmt089571
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02767
IRS990/OfficeExpensesGrp/ProgramServicesAmt02767
IRS990/OfficeExpensesGrp/TotalAmt05534
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013298
IRS990/OtherAssetsTotalGrp/EOYAmt013230
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Management company reimbursed expenses
IRS990/OtherExpensesGrp/Desc1Operating/Maintenance expenses
IRS990/OtherExpensesGrp/Desc2Service Coordinator expense
IRS990/OtherExpensesGrp/Desc3Communication
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033199
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13910
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22732
IRS990/OtherExpensesGrp/ProgramServicesAmt063963
IRS990/OtherExpensesGrp/ProgramServicesAmt135185
IRS990/OtherExpensesGrp/ProgramServicesAmt238061
IRS990/OtherExpensesGrp/ProgramServicesAmt32930
IRS990/OtherExpensesGrp/TotalAmt097162
IRS990/OtherExpensesGrp/TotalAmt139095
IRS990/OtherExpensesGrp/TotalAmt238061
IRS990/OtherExpensesGrp/TotalAmt35662
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012886
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018699
IRS990/PrincipalOfficerNm0RANDY GEORGE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental and ancillary Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0324445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0324445
IRS990/ProgSrvcAccomActy2Grp/Desc0Taxpayer also provides various social services and activities for its elderly residents. Specific services/activities include 1 mobile post office, 2 guest speakers and workshops on health and nutritional issues, and 3 other elderly cultural/educational/artistic outing and activities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt038061
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0480
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0505695
IRS990/PYProgramServiceRevenueAmt0318696
IRS990/PYRevenuesLessExpensesAmt0-186519
IRS990/PYTotalExpensesAmt0505695
IRS990/PYTotalRevenueAmt0319176
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-160015
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0332496
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0480
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0324445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0318696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0319292
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0313479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0317295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01593207
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0172
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0480
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01295
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.43960
IRS990ScheduleA/PublicSupportPY509Pct00.43670
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0700866
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0180025
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0173328
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0185763
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0178531
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0174694
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0892341
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0180025
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0173328
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0185763
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0178531
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0174694
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0892341
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0324445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0318696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0319292
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0313479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0317295
IRS990ScheduleA/Total509Grp/TotalAmt01593207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0324617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0319176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0319535
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0313667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0317507
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01594502
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03300194
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01307620
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04607814
IRS990ScheduleD/EquipmentGrp/BookValueAmt03230
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109542
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0112772
IRS990ScheduleD/ExpensesNotReportedAmt08051
IRS990ScheduleD/ExpensesSubtotalAmt0484632
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0163990
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0163990
IRS990ScheduleD/OtherExpensesIncludedAmt08051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenueAmt08051
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt08051
IRS990ScheduleD/RevenueSubtotalAmt0324617
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization collects security deposits from its resident tenants that are refunded/retained at the time the tenant moves out depending on any outstanding charges owed by the tenant.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization accounts for uncertain tax positions in accordance with the provisions of FASB Codification Topic 740, Income Taxes. Topic 740 clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organizations income tax returns. Under Topic 740, the Organization is required to report information regarding its exposure to various tax positions taken by the Organization. The Organization has filed all required tax returns in the required jurisdictions in a timely manner. The Organizations income and tax filings are subject to audit by various taxing authorities. The Organizations Federal Return of Organization Exempt from Income Tax Form 990s for the years ended December 31, 2017 through 2019 remain subject to examination by the Internal Revenue Service, generally for three years after they are filed.Management evaluates the Organizations tax positions annually for any potential changes or issues that may result in uncertainty in the accounting for income taxes and makes a determination regarding their likelihood of being upheld under review. Management has reviewed all sources of revenue and believes that none of the activities have produced income subject to tax on unrelated business income. Management believes that the Organizations operations have been conducted in accordance with its tax-exempt status, that all tax positions have been addressed and that there are no unrecorded tax liabilities. The Organization did not record any interest or penalties in the Statement of Activities or Statement of Financial Position as of and during the year ended December 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rent free unit provided to on-site manager is shown as expense in the audited financial statements. In this tax return, the cost of the rent free unit is shown as a reduction in rental income.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3See explanation for Part XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0IV 2b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1X 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03467414
IRS990ScheduleD/TotalExpensesPerForm990Amt0484632
IRS990ScheduleD/TotalRevenuePerForm990Amt0324617
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0332668
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0492683
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This question is not applicable however, the question must be answered to electronically file. Accordingly, we checked No as we have not received correspondence from the IRS requiring back-up withholding.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization employs a management company to oversee the day-to-day rental activities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This question is not applicable because committees cannot bind the Organization without board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3This tax return was prepared the the external audit firm and reviewed by the management company. Once approved by the management company, the tax return is provided to the entire board for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5These documents are maintainted at the Organizations corporate office see mailing address and made available upon request to parties at no charge.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 1c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a,b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03711834
IRS990/TotalAssetsEOYAmt03549369
IRS990/TotalAssetsGrp/BOYAmt03711834
IRS990/TotalAssetsGrp/EOYAmt03549369
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094111
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0390521
IRS990/TotalFunctionalExpensesGrp/TotalAmt0484632
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05113628
IRS990/TotalLiabilitiesEOYAmt05111178
IRS990/TotalLiabilitiesGrp/BOYAmt05113628
IRS990/TotalLiabilitiesGrp/EOYAmt05111178
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1401794

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings