Civic Intelligence

Gregene Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 80-0818949

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 20, 2022

Organization ProfileN/A
230 Kingston AvenueBrooklyn, NY 11213

(212) 665-5500

Siviq Scores

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

Liabilities / Assets

96th percentile

1.26x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

6.12x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

12th percentile

-16%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

18th percentile

-2.9%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

-1.0%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,753,171

Down $52,373 (-2.9%) from 2020

Net Assets

Down

-$461,126

Down $58,058 (-14%) from 2020

Liabilities

Up

$2,214,297

Up $5,685 (+0.3%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin12th percentile

Revenue

Down

$361,961

Down $3,792 (-1.0%) from 2020

Expenses

Up

$420,019

Up $35,475 (+9.2%) from 2020

Net Income

Down

-$58,058

Down $39,267 (-209%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $2,069,181Liabilities 2012: $2,180,361Net Assets 2012: -$111,1802012Assets 2013: $2,062,005Liabilities 2013: $2,182,933Net Assets 2013: -$120,9282013Assets 2014: $2,004,340Liabilities 2014: $2,192,386Net Assets 2014: -$188,0462014Assets 2015: $1,963,723Liabilities 2015: $2,183,077Net Assets 2015: -$219,3542015Assets 2016: $1,909,949Liabilities 2016: $2,185,404Net Assets 2016: -$275,4552016Assets 2017: $1,872,247Liabilities 2017: $2,201,408Net Assets 2017: -$329,1612017Assets 2018: $1,814,628Liabilities 2018: $2,190,925Net Assets 2018: -$376,2972018Assets 2019: $1,809,093Liabilities 2019: $2,193,370Net Assets 2019: -$384,2772019Assets 2020: $1,805,544Liabilities 2020: $2,208,612Net Assets 2020: -$403,0682020Assets 2021: $1,753,171Liabilities 2021: $2,214,297Net Assets 2021: -$461,1262021Assets 2022: $2,096,629Liabilities 2022: $2,762,956Net Assets 2022: -$666,3272022Assets 2023: $1,991,291Liabilities 2023: $2,752,104Net Assets 2023: -$760,8132023Assets 2024: $1,908,510Liabilities 2024: $2,728,474Net Assets 2024: -$819,9642024

Highlighted filing

2021

Assets$1,753,171
Liabilities$2,214,297
Net Assets-$461,126
Open 2021 Filing

Operations Trend

Revenue Growth30th percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $259,9302012Revenue 2013: $326,315Expenses 2013: $336,063Net Income 2013: -$9,7482013Revenue 2014: $340,463Expenses 2014: $407,581Net Income 2014: -$67,1182014Revenue 2015: $342,655Expenses 2015: $373,963Net Income 2015: -$31,3082015Revenue 2016: $349,104Expenses 2016: $405,205Net Income 2016: -$56,1012016Revenue 2017: $351,188Expenses 2017: $404,894Net Income 2017: -$53,7062017Revenue 2018: $356,782Expenses 2018: $403,918Net Income 2018: -$47,1362018Revenue 2019: $369,391Expenses 2019: $377,371Net Income 2019: -$7,9802019Revenue 2020: $365,753Expenses 2020: $384,544Net Income 2020: -$18,7912020Revenue 2021: $361,961Expenses 2021: $420,019Net Income 2021: -$58,0582021Revenue 2022: $358,039Expenses 2022: $415,211Net Income 2022: -$57,1722022Revenue 2023: $376,891Expenses 2023: $471,377Net Income 2023: -$94,4862023Revenue 2024: $410,601Expenses 2024: $469,752Net Income 2024: -$59,1512024

Highlighted filing

2021

Revenue$361,961
Expenses$420,019
Net Income-$58,058
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 20, 2022
Return Version
2021v4.2
Gross Receipts
$361,961
Mission and Program Overview

Mission

This Corporation has beeen organized exclusively to assist in the acquisition and operation, on a non-profit basis, of a housing project for persons of low income.

Gregene housing development fund corporation (the "corporation") has been organized exclusively to assist the acquisition and operation, on a nonprofit basis, of a housing project for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,263,445$1,192,569▼ $70,876
Accounts Receivable$54,700$205,995▲ $151,295
Cash and Non-Interest-Bearing Accounts$199,114$69,541▼ $129,573
Prepaid Expenses and Deferred Charges$20,984$16,625▼ $4,359
Total Assets$1,805,544$1,753,171▼ $52,373
Other Assets Total$267,301$268,441▲ $1,140
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,133,566$2,133,566→ $0
Accounts Payable and Accrued Expenses$41,166$47,441▲ $6,275
Other Liabilities$33,880$33,290▼ $590
Total Liabilities$2,208,612$2,214,297▲ $5,685
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-403,068$-461,126▼ $58,058
Total Net Assets Fund Balance$-403,068$-461,126▼ $58,058
Total Liabilities and Net Assets / Fund Balance$1,805,544$1,753,171▼ $52,373

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,099,983$580,548$1,680,531
Leasehold Improvements$83,472$144,336$227,808
Equipment$5,714$2,286$8,000
Land$3,400-$3,400
Other Assets Org$26,853--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Charles ThomasChairman
Val HenryPresident/CEO
Alecia D MasonMember
C Allyson FranklinMember
Mildred SmithMember
Nancy RamosMember
Sonia ClarkeMember
Victoria Powe-bittleMember
Michael BaileySecretary
Edward H King EsqTreasurer Beg 6/2021
Steve CromityTreasurer Until 6/2021
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$359,246
Investment Income
$1,535
Other Revenue
$1,180
Change in Net Assets
$-58,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$361,961
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$361,961
Total Revenue per Form 990
$361,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$350,875
Salaries, Compensation, and Employee Benefits$69,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$91,274--$91,274
Depreciation Depletion$70,876--$70,876
Other Salaries and Wages$57,548$6,394-$63,942
Insurance$44,360--$44,360
Fees for Services Management-$25,632-$25,632
Fees for Services Accounting-$14,567-$14,567
Payroll Taxes$4,682$520-$5,202
Fees for Services Legal$4,002--$4,002
Office Expenses$2,068$624-$2,692
Other Expenses$1,059$36,514-$1,059
Fees for Services Other$893--$893
All Other Expenses$450--$450
Total Functional Expenses$335,768$84,251$0$420,019

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$420,019
Total Expenses per Audited Statements$420,019
Total Expenses per Form 990$420,019
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
Tenant Security Deposits$26,853
Prepaid Rents$6,437
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
Yes
Other officer compensation reviewed
Yes
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

“The board contracted lwc management corporation to manage the rental property through a management contract agreement. The management company reports to the board on a monthly basis.”

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

“The draft form 990 is initially provided to the managing agent for review and comments. Once reviewed and comments adddressed, the draft form 990 in paper form is then provided to the board through the president for review and approval of the full-board for filing with the irs.”

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

“On an annual basis, all board members, managing agent and key employees are required to disclose any conflict or potential conflict of interest. The disclosures are reviewed by the board members. Any member (s) with conflict of interest will not be allowed to vote on matters related to the conflict of interest.”

Form 990, Part VI, Section B, Line 15

“The board reviews the compensation for key employees as recommended by the managing agent based on compensation information for the same positions in similar organizations.”

Form 990, Part VI, Section C, Line 19

“The organization's form 990 is available for public inspection at www.guidestar.org. The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the managing agent, lwc management located at 2090 adam clayton powell, jr. Bldv., suite 203, new york, ny 10027 or by calling (212) 665-5500.”

Filing and Contact Details

Filer

Filer Name
Gregene Housing Development
EIN
80-0818949
Phone
2126655500
Address
230 KINGSTON AVENUE, BROOKLYN, NY 11213

Signing Officer

Name
Val Henry
Title
President/CEO
Phone
2126655500
Signed
2022-09-20

Organization Details

Principal Officer
Val Henry
Formed
2012
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Galleros Robinson Cpas Llp
Address
115 DAVIS STATION ROAD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleroscpa
Phone
7329252608
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“This process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization recognizes the effect of income tax positions only if those positions aree more likely than not of being sutained. Management has determined that the corporation had no uncertain tax positions that would require financial statement recognition. The organization is no longer subject to audits by the applicable taxing jurisdictions for years prior to 2018.”

Raw XML AppendixShowing 400 of 615 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.

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IRS990/NetAssetsOrFundBalancesBOYAmt0-403068
IRS990/NetAssetsOrFundBalancesEOYAmt0-461126
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-403068
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-461126
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt091274
IRS990/OccupancyGrp/TotalAmt091274
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0624
IRS990/OfficeExpensesGrp/ProgramServicesAmt02068
IRS990/OfficeExpensesGrp/TotalAmt02692
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0267301
IRS990/OtherAssetsTotalGrp/EOYAmt0268441
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036514
IRS990/OtherExpensesGrp/ProgramServicesAmt057304
IRS990/OtherExpensesGrp/ProgramServicesAmt11252
IRS990/OtherExpensesGrp/ProgramServicesAmt21059
IRS990/OtherExpensesGrp/TotalAmt057304
IRS990/OtherExpensesGrp/TotalAmt136514
IRS990/OtherExpensesGrp/TotalAmt21252
IRS990/OtherExpensesGrp/TotalAmt31059
IRS990/OtherLiabilitiesGrp/BOYAmt033880
IRS990/OtherLiabilitiesGrp/EOYAmt033290
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01180
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01180
IRS990/OtherRevenueTotalAmt01180
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06394
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057548
IRS990/OtherSalariesAndWagesGrp/TotalAmt063942
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0520
IRS990/PayrollTaxesGrp/ProgramServicesAmt04682
IRS990/PayrollTaxesGrp/TotalAmt05202
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020984
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016625
IRS990/PrincipalOfficerNm0VAL HENRY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0LOW-INCOME HSNG. RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0359246
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0359246
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02577
IRS990/PYOtherExpensesAmt0311252
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0363176
IRS990/PYRevenuesLessExpensesAmt0-18791
IRS990/PYSalariesCompEmpBnftPaidAmt073292
IRS990/PYTotalExpensesAmt0384544
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0365753
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-58058
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0359246
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01535
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02577
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03373
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03032
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02656
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0359246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0363176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0364713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0352573
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0348525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01788233
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01535
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02577
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03373
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013173
IRS990ScheduleA/InvestmentIncomeCYPct00.00730
IRS990ScheduleA/InvestmentIncomePYPct00.00740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0-312
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01305
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01177
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03357
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99080
IRS990ScheduleA/PublicSupportPY509Pct00.99080
IRS990ScheduleA/PublicSupportTotal509Amt01788233
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0359246
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0363176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0364713
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0352573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0348525
IRS990ScheduleA/Total509Grp/TotalAmt01788233
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0361961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0365441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0369391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0356782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0351188
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01804763
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01099983
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0580548
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01680531
IRS990ScheduleD/EquipmentGrp/BookValueAmt05714
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0420019
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03400
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt083472
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0144336
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0227808
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010143
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1132041
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt299404
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt326853
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UTILITIES DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CAPITAL RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0361961
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS AREE MORE LIKELY THAN NOT OF BEING SUTAINED. MANAGEMENT HAS DETERMINED THAT THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01192569
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0268441
IRS990ScheduleD/TotalExpensesPerForm990Amt0420019
IRS990ScheduleD/TotalLiabilityAmt033290
IRS990ScheduleD/TotalRevenuePerForm990Amt0361961
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0361961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0420019
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0208417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt06459
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00

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Filings

Displayed year

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

Open filing
Assets
$1,753,171
Liabilities
$2,214,297
Net assets
-$461,126
Revenue
$361,961
Expenses
$420,019
Net income
-$58,058
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$2.73$0.82$0.41$0.47$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$2.75$0.76$0.38$0.47$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$2.76$0.67$0.36$0.42$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.75$2.21$0.46$0.36$0.42$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.21$0.40$0.37$0.38$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.19$0.38$0.37$0.38$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.19$0.38$0.36$0.40$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$2.20$0.33$0.35$0.40$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$2.19$0.28$0.35$0.41$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.96$2.18$0.22$0.34$0.37$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.00$2.19$0.19$0.34$0.41$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.06$2.18$0.12$0.33$0.34$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$2.18$0.11$0.26