Civic Intelligence

Nlh 5 Jl Gray Company

990 • Fiscal year 2022 • EIN 81-0661288

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 24, 2022

Organization ProfileWWW.NEWLIFEHOMESNM.COM
1816 East Mojave StFarmington, NM 87401

(505) 293-7553

Siviq Scores

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

Liabilities / Assets

85th percentile

1.43x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

12.13x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Net Margin

28th percentile

-37%

Higher net margin than 28% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$193,983

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 162.1% of source-year revenue.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Asset Growth

43rd percentile

-3.1%

Faster asset growth than 43% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-2.1%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$1,016,445

Down $32,228 (-3.1%) from 2021

Net Assets

Down

-$435,202

Down $44,521 (-11%) from 2021

Liabilities

Up

$1,451,647

Up $12,293 (+0.9%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin28th percentile

Revenue

Down

$119,673

Down $2,618 (-2.1%) from 2021

Expenses

Up

$164,194

Up $17,113 (+12%) from 2021

Net Income

Down

-$44,521

Down $19,731 (-80%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $1,280,634Liabilities 2012: $1,486,223Net Assets 2012: -$205,5892012Assets 2013: $1,239,444Liabilities 2013: $1,473,056Net Assets 2013: -$233,6122013Assets 2014: $1,209,622Liabilities 2014: $1,446,175Net Assets 2014: -$236,5532014Assets 2015: $1,180,150Liabilities 2015: $1,449,729Net Assets 2015: -$269,5792015Assets 2016: $1,154,266Liabilities 2016: $1,437,160Net Assets 2016: -$282,8942016Assets 2017: $1,130,090Liabilities 2017: $1,435,438Net Assets 2017: -$305,3482017Assets 2018: $1,105,780Liabilities 2018: $1,436,631Net Assets 2018: -$330,8512018Assets 2019: $1,089,285Liabilities 2019: $1,440,796Net Assets 2019: -$351,5112019Assets 2020: $1,072,337Liabilities 2020: $1,438,228Net Assets 2020: -$365,8912020Assets 2021: $1,048,673Liabilities 2021: $1,439,354Net Assets 2021: -$390,6812021Assets 2022: $1,016,445Liabilities 2022: $1,451,647Net Assets 2022: -$435,2022022Assets 2023: $976,844Liabilities 2023: $1,444,864Net Assets 2023: -$468,0202023Assets 2024: $956,659Liabilities 2024: $1,444,471Net Assets 2024: -$487,8122024

Highlighted filing

2022

Assets$1,016,445
Liabilities$1,451,647
Net Assets-$435,202
Open 2022 Filing

Operations Trend

Revenue Growth30th percentile

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

$200K$100K$0-$100KRevenue 2012: $82,327Expenses 2012: $110,815Net Income 2012: -$28,4882012Expenses 2013: $111,8352013Revenue 2014: $81,881Expenses 2014: $114,606Net Income 2014: -$32,7252014Revenue 2015: $106,860Expenses 2015: $139,886Net Income 2015: -$33,0262015Revenue 2016: $106,779Expenses 2016: $117,484Net Income 2016: -$10,7052016Revenue 2017: $105,680Expenses 2017: $128,134Net Income 2017: -$22,4542017Revenue 2018: $116,609Expenses 2018: $142,112Net Income 2018: -$25,5032018Revenue 2019: $120,372Expenses 2019: $141,032Net Income 2019: -$20,6602019Revenue 2020: $121,751Expenses 2020: $136,131Net Income 2020: -$14,3802020Revenue 2021: $122,291Expenses 2021: $147,081Net Income 2021: -$24,7902021Revenue 2022: $119,673Expenses 2022: $164,194Net Income 2022: -$44,5212022Revenue 2023: $111,568Expenses 2023: $144,386Net Income 2023: -$32,8182023Revenue 2024: $119,347Expenses 2024: $158,910Net Income 2024: -$39,5632024

Highlighted filing

2022

Revenue$119,673
Expenses$164,194
Net Income-$44,521
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 24, 2022
Return Version
2021v4.2
Gross Receipts
$119,673
Mission and Program Overview

Mission

Establish, maintain, and operate a program to provide affordable housing for the disabled, indigent and underpriveleged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$978,592$948,343▼ $30,249
Cash and Non-Interest-Bearing Accounts$10,657$8,566▼ $2,091
Accounts Receivable$5,140$7,780▲ $2,640
Total Assets$1,048,673$1,016,445▼ $32,228
Other Assets Total$54,284$51,756▼ $2,528
Liabilities
Other Liabilities$1,433,593$1,433,688▲ $95
Accounts Payable and Accrued Expenses$4,383$14,923▲ $10,540
Deferred Revenue$1,378$3,036▲ $1,658
Total Liabilities$1,439,354$1,451,647▲ $12,293
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-390,681$-435,202▼ $44,521
Total Net Assets Fund Balance$-390,681$-435,202▼ $44,521
Total Liabilities and Net Assets / Fund Balance$1,048,673$1,016,445▼ $32,228

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$723,344$482,228$1,205,572
Land$225,000-$225,000
Other Land Buildings$-1$7,462$7,461
Other Assets Org$51,756--
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Paul Van GulickPresident/treasurer
Chandra DoranDirector
Chase RuffinDirector
Guy GambillDirector
Jake LujanDirector
Parrish CollinsDirector
Russell ThompsonDirector
Will ReardonDirector
John BloomfieldExecutive Director
Patricia RaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$119,668
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-44,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$119,673
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$119,673
Total Revenue per Form 990
$119,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,909
Salaries, Compensation, and Employee Benefits$34,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$59,369--$59,369
Depreciation Depletion$30,249--$30,249
Other Salaries and Wages$24,875--$24,875
Fees for Services Accounting-$12,117-$12,117
Fees for Services Management-$10,071-$10,071
Office Expenses$6,789--$6,789
Other Employee Benefits$6,023--$6,023
Payroll Taxes$3,387--$3,387
Conferences and Meetings-$934-$934
Fees for Services Legal$393--$393
Advertising$178--$178
Other Expenses$25--$25
Total Functional Expenses$141,072$23,122$0$164,194

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$164,194
Total Expenses per Audited Statements$164,194
Total Expenses per Form 990$164,194
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
Hud Captial Advance$1,430,600
Tenant Security Deposits$3,088
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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 board of directors have delegated management duties to jl gray company. Jl gray company has an extensive history in supervising hud properties.”

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

“Form 990 is prepared by the accountant who prepares the annual year end hud audit. After preparation , form 990 is reviewed by the management company's controller. Following the controller's review and approval, tax return copies are distributed to the board of directors and subsequently the original tax return is filed with the irs.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available to the public upon requests made to the managing company, jl gray company.”

Filing and Contact Details

Filer

Filer Name
Nlh 5
EIN
81-0661288
Phone
5052937553
Address
1816 EAST MOJAVE ST, FARMINGTON, NM 87401

Signing Officer

Name
John Bloomfield
Title
Director
Phone
5052937553
Signed
2022-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Bloomfield
Formed
2005
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Palmer & Co Pa
Address
701 OSUNA RD NE STE 100, ALBUQUERQUE, NM 87113
Preparer
Margi Palmer
Phone
5053441040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The project applied for and was granted non-profit status by the internal revenue service under internal revenue code, section 501c(3). Therefore, no provision for income taxes has been made. The project has no uncertain tax positions.”

Raw XML AppendixShowing 400 of 560 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04383
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014923
IRS990/AccountsReceivableGrp/BOYAmt05140
IRS990/AccountsReceivableGrp/EOYAmt07780
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT AND UNDERPRIVELEGED.
IRS990/AdvertisingGrp/ProgramServicesAmt0178
IRS990/AdvertisingGrp/TotalAmt0178
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JL GRAY COMPANY
IRS990/BooksInCareOfDetail/PhoneNum05053256515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01816 EAST MOJAVE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087401
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010657
IRS990/CashNonInterestBearingGrp/EOYAmt08566
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0934
IRS990/ConferencesMeetingsGrp/TotalAmt0934
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0129909
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0119668
IRS990/CYRevenuesLessExpensesAmt0-44521
IRS990/CYSalariesCompEmpBnftPaidAmt034285
IRS990/CYTotalExpensesAmt0164194
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0119673
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01378
IRS990/DeferredRevenueGrp/EOYAmt03036
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030249
IRS990/DepreciationDepletionGrp/TotalAmt030249
IRS990/Desc0HOUSING PROJECT OCCUPIED BY VERY LOW INCOME AND DISABLED PERSONS AND IN COMPLIANCE WITH REGULATORY AGREEMENT
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0141072
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012117
IRS990/FeesForServicesAccountingGrp/TotalAmt012117
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0393
IRS990/FeesForServicesLegalGrp/TotalAmt0393
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010071
IRS990/FeesForServicesManagementGrp/TotalAmt010071
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt98.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BLOOMFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm1PARRISH COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm2JAKE LUJAN
IRS990/Form990PartVIISectionAGrp/PersonNm3GUY GAMBILL
IRS990/Form990PartVIISectionAGrp/PersonNm4RUSSELL THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm5WILL REARDON
IRS990/Form990PartVIISectionAGrp/PersonNm6CHASE RUFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7CHANDRA DORAN
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL VAN GULICK
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICIA RAY
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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0193983
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0119673
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0489690
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0978592
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0948343
IRS990/LandBldgEquipCostOrOtherBssAmt01438033
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESTABLISH, MAINTAIN, AND OPERATE A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR THE DISABLED, INDIGENT AND UNDERPRIVELEGED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-390681
IRS990/NetAssetsOrFundBalancesEOYAmt0-435202
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-390681
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-435202
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt059369
IRS990/OccupancyGrp/TotalAmt059369
IRS990/OfficeExpensesGrp/ProgramServicesAmt06789
IRS990/OfficeExpensesGrp/TotalAmt06789
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054284
IRS990/OtherAssetsTotalGrp/EOYAmt051756
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06023
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06023
IRS990/OtherExpensesGrp/Desc0ADMIN FREE RENT UNIT
IRS990/OtherExpensesGrp/Desc1INSURANCE AND TAXES
IRS990/OtherExpensesGrp/Desc2CRIMINAL REPORTS
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt08100
IRS990/OtherExpensesGrp/ProgramServicesAmt1999
IRS990/OtherExpensesGrp/ProgramServicesAmt2685
IRS990/OtherExpensesGrp/ProgramServicesAmt325
IRS990/OtherExpensesGrp/TotalAmt08100
IRS990/OtherExpensesGrp/TotalAmt1999
IRS990/OtherExpensesGrp/TotalAmt2685
IRS990/OtherExpensesGrp/TotalAmt325
IRS990/OtherLiabilitiesGrp/BOYAmt01433593
IRS990/OtherLiabilitiesGrp/EOYAmt01433688
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024875
IRS990/OtherSalariesAndWagesGrp/TotalAmt024875
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt03387
IRS990/PayrollTaxesGrp/TotalAmt03387
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN BLOOMFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0FUNDS FROM GOV'T AGENC
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME TENANTS
IRS990/ProgramServiceRevenueGrp/Desc2MISC. REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt067575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt067575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2804
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04
IRS990/PYOtherExpensesAmt0109437
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0122287
IRS990/PYRevenuesLessExpensesAmt0-24790
IRS990/PYSalariesCompEmpBnftPaidAmt037644
IRS990/PYTotalExpensesAmt0147081
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0122291
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-44521
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0119673
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt083
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0119668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0122287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0121725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0120338
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0116595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0600613
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt083
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.66850
IRS990ScheduleA/PublicSupportPY509Pct00.68790
IRS990ScheduleA/PublicSupportTotal509Amt0401537
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt041713
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt039013
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt043400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt038000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt036950
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0199076
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt041713
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt039013
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt043400
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt038000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt036950
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0199076
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0119668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0122287
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0121725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0120338
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0116595
IRS990ScheduleA/Total509Grp/TotalAmt0600613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0119673
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0122291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0121751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0120372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0116609
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0600696
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0723344
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0482228
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01205572
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0164194
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0225000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0225000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051756
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED ACCOUNTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07462
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11430600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HUD CAPTIAL ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0119673
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT APPLIED FOR AND WAS GRANTED NON-PROFIT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE, SECTION 501C(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE PROJECT HAS NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0948343
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051756
IRS990ScheduleD/TotalExpensesPerForm990Amt0164194
IRS990ScheduleD/TotalLiabilityAmt01433688
IRS990ScheduleD/TotalRevenuePerForm990Amt0119673
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0119673
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0164194
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt09600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0184383
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN BLOOMFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0193983
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAVE DELEGATED MANAGEMENT DUTIES TO JL GRAY COMPANY. JL GRAY COMPANY HAS AN EXTENSIVE HISTORY IN SUPERVISING HUD PROPERTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY THE ACCOUNTANT WHO PREPARES THE ANNUAL YEAR END HUD AUDIT. AFTER PREPARATION , FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY'S CONTROLLER. FOLLOWING THE CONTROLLER'S REVIEW AND APPROVAL, TAX RETURN COPIES ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND SUBSEQUENTLY THE ORIGINAL TAX RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUESTS MADE TO THE MANAGING COMPANY, JL GRAY COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,016,445
Liabilities
$1,451,647
Net assets
-$435,202
Revenue
$119,673
Expenses
$164,194
Net income
-$44,521
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$1.44$0.49$0.12$0.16$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.98$1.44$0.47$0.11$0.14$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.02$1.45$0.44$0.12$0.16$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.05$1.44$0.39$0.12$0.15$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.07$1.44$0.37$0.12$0.14$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$1.44$0.35$0.12$0.14$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.11$1.44$0.33$0.12$0.14$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.13$1.44$0.31$0.11$0.13$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.15$1.44$0.28$0.11$0.12$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.18$1.45$0.27$0.11$0.14$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$1.45$0.24$0.08$0.11$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$1.47$0.23$0.11
2012Summary only. Only limited summary data is available for this year.$1.28$1.49$0.21$0.08$0.11$0.03