Civic Intelligence

Vanmew Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 80-0819115

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

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

87th percentile

1.71x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

7.81x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Net Margin

31st percentile

-26%

Higher net margin than 31% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

66th percentile

$190,738

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 59.5% of source-year revenue.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Asset Growth

28th percentile

-4.2%

Faster asset growth than 28% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

9.9%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,466,900

Down $63,925 (-4.2%) from 2022

Net Assets

Down

-$1,034,384

Down $84,732 (-8.9%) from 2022

Liabilities

Up

$2,501,284

Up $20,807 (+0.8%) from 2022

Revenue

Up

$320,460

Up $28,782 (+9.9%) from 2022

Expenses

Down

$405,192

Down $11,378 (-2.7%) from 2022

Net Income

Up

-$84,732

Up $40,160 (+32%) from 2022

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$0-$1.0M-$2.0MAssets 2012: $1,679,539Liabilities 2012: $1,815,124Net Assets 2012: -$135,5852012Assets 2013: $1,661,776Liabilities 2013: $1,808,226Net Assets 2013: -$146,4502013Assets 2014: $1,641,087Liabilities 2014: $1,812,569Net Assets 2014: -$171,4822014Assets 2015: $1,576,887Liabilities 2015: $1,819,244Net Assets 2015: -$242,3572015Assets 2016: $1,534,099Liabilities 2016: $1,838,768Net Assets 2016: -$304,6692016Assets 2017: $1,484,268Liabilities 2017: $1,879,527Net Assets 2017: -$395,2592017Assets 2018: $1,376,522Liabilities 2018: $1,841,974Net Assets 2018: -$465,4522018Assets 2019: $1,312,633Liabilities 2019: $1,825,218Net Assets 2019: -$512,5852019Assets 2020: $1,259,005Liabilities 2020: $1,849,458Net Assets 2020: -$590,4532020Assets 2021: $1,224,313Liabilities 2021: $1,899,895Net Assets 2021: -$675,5822021Assets 2022: $1,530,825Liabilities 2022: $2,480,477Net Assets 2022: -$949,6522022Assets 2023: $1,466,900Liabilities 2023: $2,501,284Net Assets 2023: -$1,034,3842023Assets 2024: $1,400,877Liabilities 2024: $2,529,932Net Assets 2024: -$1,129,0552024

Highlighted filing

2023

Assets$1,466,900
Liabilities$2,501,284
Net Assets-$1,034,384

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $257,6582012Revenue 2013: $291,241Expenses 2013: $302,106Net Income 2013: -$10,8652013Revenue 2014: $288,076Expenses 2014: $313,108Net Income 2014: -$25,0322014Revenue 2015: $288,587Expenses 2015: $359,462Net Income 2015: -$70,8752015Revenue 2016: $285,432Expenses 2016: $347,744Net Income 2016: -$62,3122016Revenue 2017: $287,419Expenses 2017: $378,010Net Income 2017: -$90,5912017Revenue 2018: $304,238Expenses 2018: $374,431Net Income 2018: -$70,1932018Revenue 2019: $299,374Expenses 2019: $346,507Net Income 2019: -$47,1332019Revenue 2020: $285,955Expenses 2020: $363,823Net Income 2020: -$77,8682020Revenue 2021: $288,273Expenses 2021: $373,402Net Income 2021: -$85,1292021Revenue 2022: $291,678Expenses 2022: $416,570Net Income 2022: -$124,8922022Revenue 2023: $320,460Expenses 2023: $405,192Net Income 2023: -$84,7322023Revenue 2024: $334,251Expenses 2024: $428,922Net Income 2024: -$94,6712024

Highlighted filing

2023

Revenue$320,460
Expenses$405,192
Net Income-$84,732
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$320,460
Mission and Program Overview

Mission

Vanmew housing development fund corporation (the "corporation") has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd) to acquire apartment buildings for purposes of operating and maintaining rental properties at approved rates for persons of low-income.

Vanmew housing developmentfund corporation ("the corporation")has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd)to acquire apartment building for purposes of operating and maintaining rental properties at approved rates for persons of low- income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,301,798$1,224,914▼ $76,884
Accounts Receivable$35,559$46,256▲ $10,697
Prepaid Expenses and Deferred Charges$10,818$11,554▲ $736
Cash and Non-Interest-Bearing Accounts$21,093$10,443▼ $10,650
Total Assets$1,530,825$1,466,900▼ $63,925
Other Assets Total$161,557$173,733▲ $12,176
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,242,730$2,242,730→ $0
Accounts Payable and Accrued Expenses$104,404$118,977▲ $14,573
Other Liabilities$103,207$102,010▼ $1,197
Deferred Revenue$30,136$37,567▲ $7,431
Total Liabilities$2,480,477$2,501,284▲ $20,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-949,652$-1,034,384▼ $84,732
Total Net Assets Fund Balance$-949,652$-1,034,384▼ $84,732
Total Liabilities and Net Assets / Fund Balance$1,530,825$1,466,900▼ $63,925

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,223,414$843,526$2,066,940
Land$1,500-$1,500
Other Assets Org$1,840--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Val HenryExecutive Di$190,738$190,738

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$316,743
Investment Income
$2,917
Other Revenue
$800
Change in Net Assets
$-84,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$320,460
Revenue Not Reported on Form 990
$9,384
Total Revenue per Audited Statements
$329,844
Total Revenue per Form 990
$320,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,239
Salaries, Compensation, and Employee Benefits$67,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$88,441--$88,441
Depreciation Depletion$76,884--$76,884
Other Salaries and Wages$46,139$5,127-$51,266
Insurance$41,134--$41,134
Fees for Services Management-$23,901-$23,901
Interest$22,483--$22,483
Fees for Services Accounting-$15,568-$15,568
Other Employee Benefits$11,136$1,237-$12,373
Fees for Services Legal-$11,048-$11,048
Office Expenses$3,178$3,178-$6,356
Payroll Taxes$3,883$431-$4,314
Fees for Services Other$1,323--$1,323
Other Expenses$458$1,815-$458
Total Functional Expenses$329,488$75,704$0$405,192

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$414,576
Expenses per Audited Statements$405,192
Total Expenses per Form 990$405,192
Expenses Not Reported on Form 990$9,384
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
Due to Related Parties$43,775
Accrued Interest Payable, Deferred$37,071
Tenant Security Deposits Payable$21,164
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, Page 6, Part VI, 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, Page 6, Part VI, Line 11B

Form 990 part vi, section b, line 11: the draft form 990 is initially provided to the managing agent for review and comments. Once reviewed and comments addressed, 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, Page 6, Part VI, Line 12C

On 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, Page 6, Part VI, Line 15A

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

Form 990, Page 6, Part VI, Line 15B

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

Form 990, Page 6, Part VI, Line 19

The organization will make the governing documents, conflict of interest and financial statements available to the public upon request by calling telephone 212.665.5500 or at the office of its managing agent, lwc management corporation located at 2090 adam clayton powell, jr. Blvd, new york, ny 10027.

Filing and Contact Details

Filer

Filer Name
Vanmew Housing Development
EIN
80-0819115
Phone
2126655500
Address
230 KINGSTON AVENUE, BROOKLYN, NY 11213

Signing Officer

Name
Val Henry
Title
Executive Director
Phone
2126655500
Signed
2024-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Val Henry
Formed
2012
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Galleros Robinson
Address
115 DAVIS STATION RD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleros
Phone
6469210400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Vanmew housing developmentfund corporation ("the corporation")has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd)to acquire apartment building for purposes of operating and maintaining rental properties at approved rates for persons of low- income.

Form 990, Part XI, Line 9

Rent free unit 9,384 rent free unit -9,384

Form 990, Page 12, Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization recognizes the effect of income tax positions only if those positions are more-likely-than-not be sustained upon examination of taxing authorities. Management has determined that the organization has no uncertain tax positions that would require financial statement recognition or disclosure. The organization is no longer subject to audits by the applicable taxing jurisdictions for years prior to 2020. Currently, there are no audits in progress.

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

RENT FREE UNIT 9,384

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

RENT FREE UNIT 9,384

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IRS990/InterestGrp/ProgramServicesAmt022483
IRS990/InterestGrp/TotalAmt022483
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01224914
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0VANMEW HOUSING DEVELOPMENTFUND CORPORATION ("THE CORPORATION")HAS ENTERED INTO REGULATORY AND FINANCING AGREEMENTS WITH THE NEW YORK STATE HOUSING FINANCE AGENCY AND THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION DEVELOPMENT (HPD)TO ACQUIRE APARTMENT BUILDING FOR PURPOSES OF OPERATING AND MAINTAINING RENTAL PROPERTIES AT APPROVED RATES FOR PERSONS OF LOW- INCOME.
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IRS990/OfficeExpensesGrp/TotalAmt06356
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0161557
IRS990/OtherAssetsTotalGrp/EOYAmt0173733
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01237
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011136
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012373
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2FINES, FEES AND PENALTIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013399
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11815
IRS990/OtherExpensesGrp/ProgramServicesAmt034429
IRS990/OtherExpensesGrp/ProgramServicesAmt1458
IRS990/OtherExpensesGrp/TotalAmt034429
IRS990/OtherExpensesGrp/TotalAmt113399
IRS990/OtherExpensesGrp/TotalAmt21815
IRS990/OtherExpensesGrp/TotalAmt3458
IRS990/OtherLiabilitiesGrp/BOYAmt0103207
IRS990/OtherLiabilitiesGrp/EOYAmt0102010
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0800
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05127
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046139
IRS990/OtherSalariesAndWagesGrp/TotalAmt051266
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0431
IRS990/PayrollTaxesGrp/ProgramServicesAmt03883
IRS990/PayrollTaxesGrp/TotalAmt04314
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010818
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011554
IRS990/PrincipalOfficerNm0VAL HENRY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0LOW-INCOME HOUSING RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0316743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0316743
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01440
IRS990/PYOtherExpensesAmt0344877
IRS990/PYOtherRevenueAmt0282
IRS990/PYProgramServiceRevenueAmt0289956
IRS990/PYRevenuesLessExpensesAmt0-124892
IRS990/PYSalariesCompEmpBnftPaidAmt071693
IRS990/PYTotalExpensesAmt0416570
IRS990/PYTotalRevenueAmt0291678
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-84732
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0317543
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE 4,440
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02917
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01440
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01667
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02063
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09504
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0316743
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0289956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0285238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0284248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0295620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01471805
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02917
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01667
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09504
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0282
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01627
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01691
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99060
IRS990ScheduleA/PublicSupportPY509Pct00.99090
IRS990ScheduleA/PublicSupportTotal509Amt01471805
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0316743
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0289956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0285238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0284248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0295620
IRS990ScheduleA/Total509Grp/TotalAmt01471805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0320460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0291678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0288282
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0285955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0299374
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01485749
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01223414
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0843526
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02066940
IRS990ScheduleD/ExpensesNotReportedAmt09384
IRS990ScheduleD/ExpensesSubtotalAmt0405192
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt083337
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt151751
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt221164
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt38056
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt47585
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt51840
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CAPITAL RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3UTILITIES DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM RELATED PARTIES
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt137071
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt221164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE, DEFERRED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherRevenueAmt09384
IRS990ScheduleD/RevenueNotReportedAmt09384
IRS990ScheduleD/RevenueSubtotalAmt0320460
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION OF TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO 2020. CURRENTLY, THERE ARE NO AUDITS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT FREE UNIT 9,384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT FREE UNIT 9,384
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0173733
IRS990ScheduleD/TotalExpensesPerForm990Amt0405192
IRS990ScheduleD/TotalLiabilityAmt0102010
IRS990ScheduleD/TotalRevenuePerForm990Amt0320460
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0329844
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IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$2.53$1.13$0.33$0.43$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.47$2.50$1.03$0.32$0.41$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$2.48$0.95$0.29$0.42$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$1.90$0.68$0.29$0.37$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.85$0.59$0.29$0.36$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$1.83$0.51$0.30$0.35$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$1.84$0.47$0.30$0.37$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$1.88$0.40$0.29$0.38$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.84$0.30$0.29$0.35$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$1.82$0.24$0.29$0.36$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.64$1.81$0.17$0.29$0.31$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.66$1.81$0.15$0.29$0.30$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$1.82$0.14$0.26