Civic Intelligence

Mhany 2004 Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 83-0385829

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

470 Vanderbilt Ave 9th FloorBrooklyn, NY 11238

(718) 246-8080

Siviq Scores

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

Liabilities / Assets

85th percentile

1.13x

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

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

8.88x

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

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Net Margin

24th percentile

-17%

Higher net margin than 24% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • NTEE L • $10M-$25M nonprofits • Source year 2021

Asset Growth

13th percentile

-4.9%

Faster asset growth than 13% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

4.8%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$13,143,487

Down $684,457 (-4.9%) from 2020

Net Assets

Down

-$1,690,061

Down $284,090 (-20%) from 2020

Liabilities

Down

$14,833,548

Down $400,367 (-2.6%) from 2020

Revenue

Up

$1,669,888

Up $77,173 (+4.8%) from 2020

Expenses

Up

$1,953,978

Up $267,961 (+16%) from 2020

Net Income

Down

-$284,090

Down $190,788 (-204%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $8,045,015Liabilities 2011: $9,359,144Net Assets 2011: -$1,314,1292011Assets 2012: $7,816,278Liabilities 2012: $8,725,554Net Assets 2012: -$909,2762012Assets 2013: $7,706,553Liabilities 2013: $8,476,350Net Assets 2013: -$769,7972013Assets 2014: $7,450,554Liabilities 2014: $8,382,157Net Assets 2014: -$931,6032014Assets 2015: $7,162,842Liabilities 2015: $8,122,187Net Assets 2015: -$959,3452015Assets 2016: $7,294,070Liabilities 2016: $8,276,072Net Assets 2016: -$982,0022016Assets 2017: $7,156,994Liabilities 2017: $8,119,173Net Assets 2017: -$962,1792017Assets 2018: $14,043,311Liabilities 2018: $15,316,643Net Assets 2018: -$1,273,3322018Assets 2019: $15,019,939Liabilities 2019: $16,370,708Net Assets 2019: -$1,350,7692019Assets 2020: $13,827,944Liabilities 2020: $15,233,915Net Assets 2020: -$1,405,9712020Assets 2021: $13,143,487Liabilities 2021: $14,833,548Net Assets 2021: -$1,690,0612021Assets 2022: $12,867,940Liabilities 2022: $15,080,098Net Assets 2022: -$2,212,1582022Assets 2023: $12,599,348Liabilities 2023: $15,323,512Net Assets 2023: -$2,724,1642023Assets 2024: $12,201,547Liabilities 2024: $15,639,236Net Assets 2024: -$3,437,6892024

Highlighted filing

2021

Assets$13,143,487
Liabilities$14,833,548
Net Assets-$1,690,061

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,558,2202011Expenses 2012: $1,448,4092012Revenue 2013: $1,503,916Expenses 2013: $1,364,438Net Income 2013: $139,4782013Revenue 2014: $1,497,112Expenses 2014: $1,658,918Net Income 2014: -$161,8062014Revenue 2015: $1,530,467Expenses 2015: $1,558,209Net Income 2015: -$27,7422015Revenue 2016: $1,579,561Expenses 2016: $1,602,218Net Income 2016: -$22,6572016Revenue 2017: $1,541,141Expenses 2017: $1,521,318Net Income 2017: $19,8232017Revenue 2018: $1,580,748Expenses 2018: $1,891,901Net Income 2018: -$311,1532018Revenue 2019: $1,598,623Expenses 2019: $1,676,060Net Income 2019: -$77,4372019Revenue 2020: $1,592,715Expenses 2020: $1,686,017Net Income 2020: -$93,3022020Revenue 2021: $1,669,888Expenses 2021: $1,953,978Net Income 2021: -$284,0902021Revenue 2022: $1,665,025Expenses 2022: $2,187,122Net Income 2022: -$522,0972022Revenue 2023: $1,699,486Expenses 2023: $2,211,492Net Income 2023: -$512,0062023Revenue 2024: $1,795,203Expenses 2024: $2,492,362Net Income 2024: -$697,1592024

Highlighted filing

2021

Revenue$1,669,888
Expenses$1,953,978
Net Income-$284,090
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.2
Gross Receipts
$1,669,888
Mission and Program Overview

Mission

Develop, on a non-profit basis, a housing project for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,786,141$12,428,255▼ $357,886
Intangible Assets$216,380$209,671▼ $6,709
Accounts Receivable$80,244$183,548▲ $103,304
Prepaid Expenses and Deferred Charges$6,186$80,976▲ $74,790
Cash and Non-Interest-Bearing Accounts$95,715$38,083▼ $57,632
Total Assets$13,827,944$13,143,487▼ $684,457
Other Assets Total$643,278$202,954▼ $440,324
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,430,802$14,410,933▼ $19,869
Other Liabilities$684,779$340,236▼ $344,543
Deferred Revenue$13,687$41,357▲ $27,670
Accounts Payable and Accrued Expenses$104,647$41,022▼ $63,625
Total Liabilities$15,233,915$14,833,548▼ $400,367
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,405,971$-1,690,061▼ $284,090
Total Net Assets Fund Balance$-1,405,971$-1,690,061▼ $284,090
Total Liabilities and Net Assets / Fund Balance$13,827,944$13,143,487▼ $684,457

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,346,500$3,320,438$15,666,938
Equipment$1,145$131,323$132,468
Land$80,610-$80,610
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derrick OwensPresident
Bertha LewisBoard Member
Carmen De RielBoard Member
Jenny PachecoBoard Member
Lorna BlakeBoard Member
Marisol MarteBoard Member
Marta TejedaBoard Member
Osiris RodriguezBoard Member
Rolando PerdomoBoard Member
Vaughn ArmorBoard Member
Dorothy AmadiSecretary
Natalie BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,631,397
Investment Income
$0
Other Revenue
$38,491
Change in Net Assets
$-284,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,636,634
Revenue Not Reported on Financial Statements
$33,254
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$33,254
Total Revenue per Audited Statements
$1,636,634
Total Revenue per Form 990
$1,669,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,953,978
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
Interest$559,427--$559,427
Depreciation Depletion$394,869--$394,869
Occupancy$335,056--$335,056
Fees for Services Management$143,541$120,746-$264,287
Insurance$92,157--$92,157
Fees for Services Accounting$24,279--$24,279
Fees for Services Other$15,504--$15,504
Fees for Services Legal$12,922--$12,922
Office Expenses$5,705--$5,705
Other Expenses$902--$902
All Other Expenses$793--$793
Total Functional Expenses$1,833,232$120,746$0$1,953,978

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,953,978
Expenses per Audited Statements$1,920,724
Total Expenses per Audited Statements$1,920,724
Expenses Not Reported on Financial Statements$33,254
Other Expense Adjustments$33,254
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
Due to Affiliate$302,870
Security Deposits$37,366
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegates management responsibilities to mhany management.

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

Organization does not have any committees.

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

Form 990 will be completed annually and copies will be provided to the entire governing board as well as the president of the organization. At that time, the president will review the form 990 with the designated board members. Any necessary changes will then be updated on the form. Once all necessary changes are made and the president is in agreement with designated board members on the finished form 990, it will be signed by the president, dated and submitted by the filing deadline. A copy of the approved form 990 will be provided to all of the officers, directors and trustees before the return is filed.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Mhany 2004 Housing Development Fund Corp
EIN
83-0385829
Phone
7182468080
Address
470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238

Signing Officer

Name
Ismene Speliotis
Title
Executive Director
Phone
7182468080
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ismene Speliotis
Formed
2004
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2021 and for the period july 1, 2020 through december 31, 2020. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file informational returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the corporation are subject to examination by the irs for a period of three years. While no informational returns are currently being examined by the irs, tax years since 2018 remain open.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Income reclassification 33,254.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Income reclassification 33,254.

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1690061
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0335056
IRS990/OccupancyGrp/TotalAmt0335056
IRS990/OfficeExpensesGrp/ProgramServicesAmt05705
IRS990/OfficeExpensesGrp/TotalAmt05705
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0643278
IRS990/OtherAssetsTotalGrp/EOYAmt0202954
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt0158624
IRS990/OtherExpensesGrp/ProgramServicesAmt168245
IRS990/OtherExpensesGrp/ProgramServicesAmt221208
IRS990/OtherExpensesGrp/ProgramServicesAmt3902
IRS990/OtherExpensesGrp/TotalAmt0158624
IRS990/OtherExpensesGrp/TotalAmt168245
IRS990/OtherExpensesGrp/TotalAmt221208
IRS990/OtherExpensesGrp/TotalAmt3902
IRS990/OtherLiabilitiesGrp/BOYAmt0684779
IRS990/OtherLiabilitiesGrp/EOYAmt0340236
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt033254
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13960
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21277
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt033254
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13960
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21277
IRS990/OtherRevenueTotalAmt038491
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06186
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080976
IRS990/PrincipalOfficerNm0ISMENE SPELIOTIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01631397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01631397
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01686017
IRS990/PYOtherRevenueAmt06190
IRS990/PYProgramServiceRevenueAmt01586525
IRS990/PYRevenuesLessExpensesAmt0-93302
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01686017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01592715
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-284090
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01669888
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2017 AMOUNT: $ 4,474. 2018 AMOUNT: $ 3,960. 2019 AMOUNT: $ 1,590. 2020 AMOUNT: $ 5,146. 2021 AMOUNT: $ 3,960. TENANT CHARGES - 2017 AMOUNT: $ 30. 2018 AMOUNT: $ 260. TAX REFUND - 2018 AMOUNT: $ 39,982. 2019 AMOUNT: $ 9,322. 2020 AMOUNT: $ 682. INSURANCE REFUND - 2018 AMOUNT: $ 3,053. MISCELLANEOUS - 2019 AMOUNT: $ 40,636. 2020 AMOUNT: $ 362. 2021 AMOUNT: $ 1,277. OTHER INCOME - 2021 AMOUNT: $ 33,254. OTHER INCOME - 2021 AMOUNT: $ 33,254.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1INFORAMTION FOR 2019 REFELCTS SHORT PERIOD OF 7/1/19-12/31/19.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1FORM 990, PART III:
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01631397
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01586525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0792701
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01551368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01576244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07138235
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt071745
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06190
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt051548
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt047255
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04504
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0181242
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97520
IRS990ScheduleA/PublicSupportPY509Pct00.98260
IRS990ScheduleA/PublicSupportTotal509Amt07138235
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01631397
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01586525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0792701
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01551368
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01576244
IRS990ScheduleA/Total509Grp/TotalAmt07138235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01703142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01592715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0844249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01598623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01580748
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07319477
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012346500
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03320438
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015666938
IRS990ScheduleD/EquipmentGrp/BookValueAmt01145
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0131323
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132468
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt033254
IRS990ScheduleD/ExpensesSubtotalAmt01920724
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080610
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080610
IRS990ScheduleD/OtherExpensesNotIncludedAmt033254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1302870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt033254
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt033254
IRS990ScheduleD/RevenueSubtotalAmt01636634
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2021 AND FOR THE PERIOD JULY 1, 2020 THROUGH DECEMBER 31, 2020. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2018 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCOME RECLASSIFICATION 33,254.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INCOME RECLASSIFICATION 33,254.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012428255
IRS990ScheduleD/TotalExpensesPerForm990Amt01953978
IRS990ScheduleD/TotalLiabilityAmt0340236
IRS990ScheduleD/TotalRevenuePerForm990Amt01669888
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01636634
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01920724
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES MANAGEMENT RESPONSIBILITIES TO MHANY MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME, THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE DESIGNATED BOARD MEMBERS. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH DESIGNATED BOARD MEMBERS ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$15.6$3.44$1.80$2.49$0.70
2023Detailed filing. Detailed filing data is available for this year.$12.6$15.3$2.72$1.70$2.21$0.51
2022Detailed filing. Detailed filing data is available for this year.$12.9$15.1$2.21$1.67$2.19$0.52
2021Detailed filing. Detailed filing data is available for this year.$13.1$14.8$1.69$1.67$1.95$0.28
2020Detailed filing. Detailed filing data is available for this year.$13.8$15.2$1.41$1.59$1.69$0.09
2019Detailed filing. Detailed filing data is available for this year.$15.0$16.4$1.35$1.60$1.68$0.08
2018Detailed filing. Detailed filing data is available for this year.$14.0$15.3$1.27$1.58$1.89$0.31
2017Detailed filing. Detailed filing data is available for this year.$7.16$8.12$0.96$1.54$1.52$0.02
2016Detailed filing. Detailed filing data is available for this year.$7.29$8.28$0.98$1.58$1.60$0.02
2015Detailed filing. Detailed filing data is available for this year.$7.16$8.12$0.96$1.53$1.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$7.45$8.38$0.93$1.50$1.66$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$8.48$0.77$1.50$1.36$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.82$8.73$0.91$1.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.05$9.36$1.31$1.56