Civic Intelligence

Shalom Properties

990 • Fiscal year 2020 • EIN 83-4132848

Jul 01, 2019 to Jun 30, 2020 • Filed on May 12, 2021

9 South 15th StreetHarrisburg, PA 17104

(717) 920-4906

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.57x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

1.12x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

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

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

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

Asset Growth

96th percentile

177%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

$1,403,588

No earlier filing loaded for comparison.

Net Assets

$609,324

No earlier filing loaded for comparison.

Liabilities

$794,264

No earlier filing loaded for comparison.

Revenue

$710,466

No earlier filing loaded for comparison.

Expenses

$60,182

No earlier filing loaded for comparison.

Net Income

$650,284

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2020: $1,403,588Liabilities 2020: $794,264Net Assets 2020: $609,3242020Assets 2021: $1,551,242Liabilities 2021: $821,724Net Assets 2021: $729,5182021Assets 2022: $1,426,867Liabilities 2022: $814,290Net Assets 2022: $612,5772022

Highlighted filing

2020

Assets$1,403,588
Liabilities$794,264
Net Assets$609,324

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $710,466Expenses 2020: $60,182Net Income 2020: $650,2842020Revenue 2021: $202,808Expenses 2021: $82,614Net Income 2021: $120,1942021Revenue 2022: -$39,127Expenses 2022: $77,814Net Income 2022: -$116,9412022

Highlighted filing

2020

Revenue$710,466
Expenses$60,182
Net Income$650,284
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 12, 2021
Return Version
2019v5.2
Gross Receipts
$801,954
Mission and Program Overview

Mission

To address the needs for property(ies) as it pertains to serving persons experiencing homelessness and/or poverty issues, and to evaluate if the exisiting properties continue to best serve the needs of such persons and the community overall

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,000$1,316,351▲ $1,276,351
Cash and Non-Interest-Bearing Accounts$11,801$76,813▲ $65,012
Prepaid Expenses and Deferred Charges$1,075--
Total Assets$506,391$1,403,588▲ $897,197
Other Assets Total$453,515$10,424▼ $443,091
Liabilities
Mortgage Notes Payable Secured by Investment Property-$680,000-
Unsecured Notes Loans Payable$522,351--
Other Liabilities$0$106,882▲ $106,882
Accounts Payable and Accrued Expenses$25,000--
Deferred Revenue-$7,382-
Total Liabilities$547,351$794,264▲ $246,913
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-40,960$609,324▲ $650,284
Total Net Assets Fund Balance$-40,960$609,324▲ $650,284
Total Liabilities and Net Assets / Fund Balance$506,391$1,403,588▲ $897,197

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$990,248$29,565$1,019,813
Buildings$301,385$8,732$310,117
Other Land Buildings$24,718$827$25,545
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda DuncanChair
Barbara LabineDirector
Jeff PackardDirector
John LoganDirector
Marsha FortneySecretary
James TatnallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$716,314
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-5,848
All Other Contributions
$65,000
Change in Net Assets
$650,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$801,954
Revenue Not Reported on Financial Statements
$-91,488
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-91,488
Total Revenue per Audited Statements
$801,954
Total Revenue per Form 990
$710,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,182
Total Fundraising Expense$1,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,578$10,314-$12,892
Depreciation Depletion$9,364$826$826$11,016
Interest-$10,452-$10,452
Fees for Services Legal$1,669$6,676-$8,345
Insurance$2,728$164$164$3,056
Fees for Services Accounting$520$2,080-$2,600
Office Expenses$101$9$9$119
Other Expenses$7$1$1$9
Total Functional Expenses$26,906$31,399$1,877$60,182

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$151,670
Expenses Not Reported on Form 990$91,488
Expenses per Audited Statements$60,182
Total Expenses per Form 990$60,182
Expenses Not Reported on Financial Statements$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$99,500
Security Deposits$7,382
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No seperate committees. Only board of directors appointed by shalom house

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

The 990 will be presented to the board of directors to be reviewed for accuracy and completeness prior to filing.

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

Board members of shalom properties are subject to the same conflict of interest policies as shalom house, the controlling entity of shalom properties.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation documents available upon request.

Filing and Contact Details

Filer

Filer Name
Shalom Properties
EIN
83-4132848
Phone
7179204906
Address
9 SOUTH 15TH STREET, HARRISBURG, PA 17104

Signing Officer

Name
Linda Duncan
Title
Board Chair
Phone
7179204906
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Duncan
Formed
2019
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Boyer & Ritter LLC
Address
211 HOUSE AVENUE, CAMP HILL, PA 17011
Preparer
David J Manbeck CPA
Phone
7177617210
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To address the needs for property(ies) as it pertains to servicing persons experiencing homelessness and/or poverty issues, and to evaluate if the existing properties continue to best serve the needs of such persons and the community overall.

Form 990, Part IX, Line 11G

Other legal fees: program service expenses 2,578. Management and general expenses 10,314. Fundraising expenses 0. Total expenses 12,892.

FORM 990, PART XII, LINE 2C:

Shalom properties is a supporting organization of shalom house. Shalom house appoints the board of shalom properties and assumes responsiblity for the oversight of the consolidated audit

Financial Statement Notes

PART X, LINE 2:

Management has assessed the organization's exposure to income taxes at the entity level as a result of uncertain tax positions taken in current and previously-filed tax returns. Examples of uncertain tax positions taken at the entity level include the continuing validity of the organization's exempt status and the prospect of being subject to the filing requirement for unrelated business income. Presently, management believes that it is more likely than not that the organization's tax position will be sustained upon examination, including any appeals and litigation, such that the organization has no exposure to income tax liabilities arising from uncertain tax positions. The organization is subject to routine audits by taxing jurisdictions; however, no audits for any tax periods are currently in progress.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSES -91,488.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 91,488.

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IRS990ScheduleA/SupportSumAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0301385
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08732
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0310117
IRS990ScheduleD/ExpensesNotReportedAmt091488
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt060182
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0990248
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt029565
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01019813
IRS990ScheduleD/OtherExpensesIncludedAmt091488
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024718
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0827
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt199500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-91488
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-91488
IRS990ScheduleD/RevenueSubtotalAmt0801954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ASSESSED THE ORGANIZATION'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY-FILED TAX RETURNS. EXAMPLES OF UNCERTAIN TAX POSITIONS TAKEN AT THE ENTITY LEVEL INCLUDE THE CONTINUING VALIDITY OF THE ORGANIZATION'S EXEMPT STATUS AND THE PROSPECT OF BEING SUBJECT TO THE FILING REQUIREMENT FOR UNRELATED BUSINESS INCOME. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE ORGANIZATION'S TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITIGATION, SUCH THAT THE ORGANIZATION HAS NO EXPOSURE TO INCOME TAX LIABILITIES ARISING FROM UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY TAX PERIODS ARE CURRENTLY IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES -91,488.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 91,488.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01316351
IRS990ScheduleD/TotalExpensesPerForm990Amt060182
IRS990ScheduleD/TotalLiabilityAmt0106882
IRS990ScheduleD/TotalRevenuePerForm990Amt0710466
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0801954
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0151670
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ADDRESS THE NEEDS FOR PROPERTY(IES) AS IT PERTAINS TO SERVICING PERSONS EXPERIENCING HOMELESSNESS AND/OR POVERTY ISSUES, AND TO EVALUATE IF THE EXISTING PROPERTIES CONTINUE TO BEST SERVE THE NEEDS OF SUCH PERSONS AND THE COMMUNITY OVERALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO SEPERATE COMMITTEES. ONLY BOARD OF DIRECTORS APPOINTED BY SHALOM HOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS TO BE REVIEWED FOR ACCURACY AND COMPLETENESS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS OF SHALOM PROPERTIES ARE SUBJECT TO THE SAME CONFLICT OF INTEREST POLICIES AS SHALOM HOUSE, THE CONTROLLING ENTITY OF SHALOM PROPERTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER LEGAL FEES: PROGRAM SERVICE EXPENSES 2,578. MANAGEMENT AND GENERAL EXPENSES 10,314. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,892.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SHALOM PROPERTIES IS A SUPPORTING ORGANIZATION OF SHALOM HOUSE. SHALOM HOUSE APPOINTS THE BOARD OF SHALOM PROPERTIES AND ASSUMES RESPONSIBLITY FOR THE OVERSIGHT OF THE CONSOLIDATED AUDIT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHALOM HOUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232447254
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SHELTER SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09 S 15TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HARRISBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd017104
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0651314
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt199500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SHALOM HOUSE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SHALOM HOUSE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0506391
IRS990/TotalAssetsEOYAmt01403588
IRS990/TotalAssetsGrp/BOYAmt0506391
IRS990/TotalAssetsGrp/EOYAmt01403588
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0716314
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01877
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031399
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt026906
IRS990/TotalFunctionalExpensesGrp/TotalAmt060182

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