Civic Intelligence

R S & V P Property One Inc.

990 • Fiscal year 2020 • EIN 85-0465107

Oct 01, 2019 to Sep 30, 2020 • Filed on Mar 09, 2021

Organization Profile
1001 Valencia Dr SEAlbuquerque, NM 87108

(505) 452-1553

Siviq Scores

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

Liabilities / Assets

85th percentile

1.63x

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

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

9.52x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Net Margin

33rd percentile

-14%

Higher net margin than 33% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Asset Growth

28th percentile

-3.1%

Faster asset growth than 28% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

8.8%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$920,025

Down $29,864 (-3.1%) from 2019

Net Assets

Down

-$578,494

Down $21,553 (-3.9%) from 2019

Liabilities

Down

$1,498,519

Down $8,311 (-0.6%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin33rd percentile

Revenue

Up

$157,354

Up $12,785 (+8.8%) from 2019

Expenses

Down

$178,907

Down $2,015 (-1.1%) from 2019

Net Income

Up

-$21,553

Up $14,800 (+41%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2016: $1,053,570Liabilities 2016: $1,495,730Net Assets 2016: -$442,1602016Assets 2017: $1,020,489Liabilities 2017: $1,496,422Net Assets 2017: -$475,9332017Assets 2018: $987,305Liabilities 2018: $1,507,893Net Assets 2018: -$520,5882018Assets 2019: $949,889Liabilities 2019: $1,506,830Net Assets 2019: -$556,9412019Assets 2020: $920,025Liabilities 2020: $1,498,519Net Assets 2020: -$578,4942020Assets 2021: $880,022Liabilities 2021: $1,498,935Net Assets 2021: -$618,9132021Assets 2022: $841,141Liabilities 2022: $1,503,032Net Assets 2022: -$661,8912022Assets 2023: $800,014Liabilities 2023: $1,508,052Net Assets 2023: -$708,0382023Assets 2024: $750,349Liabilities 2024: $1,541,412Net Assets 2024: -$791,0632024

Highlighted filing

2020

Assets$920,025
Liabilities$1,498,519
Net Assets-$578,494
Open 2020 Filing

Operations Trend

Revenue Growth71st percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $130,547Expenses 2016: $171,821Net Income 2016: -$41,2742016Revenue 2017: $141,467Expenses 2017: $175,240Net Income 2017: -$33,7732017Revenue 2018: $138,679Expenses 2018: $183,334Net Income 2018: -$44,6552018Revenue 2019: $144,569Expenses 2019: $180,922Net Income 2019: -$36,3532019Revenue 2020: $157,354Expenses 2020: $178,907Net Income 2020: -$21,5532020Revenue 2021: $156,105Expenses 2021: $196,524Net Income 2021: -$40,4192021Revenue 2022: $180,003Expenses 2022: $222,981Net Income 2022: -$42,9782022Revenue 2023: $181,270Expenses 2023: $227,416Net Income 2023: -$46,1462023Revenue 2024: $181,341Expenses 2024: $264,366Net Income 2024: -$83,0252024

Highlighted filing

2020

Revenue$157,354
Expenses$178,907
Net Income-$21,553
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Mar 9, 2021
Return Version
2019v5.0
Gross Receipts
$157,354
Mission and Program Overview

Mission

To provide affordable housing for low income disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$903,058$866,805▼ $36,253
Intangible Assets$16,033$15,351▼ $682
Cash and Non-Interest-Bearing Accounts$480$1,061▲ $581
Accounts Receivable$24$36▲ $12
Total Assets$949,889$920,025▼ $29,864
Other Assets Total$30,294$36,772▲ $6,478
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,484,427$1,484,427→ $0
Accounts Payable and Accrued Expenses$17,867$8,243▼ $9,624
Other Liabilities$3,869$3,987▲ $118
Deferred Revenue$667$1,862▲ $1,195
Total Liabilities$1,506,830$1,498,519▼ $8,311
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-556,941$-578,494▼ $21,553
Total Net Assets Fund Balance$-556,941$-578,494▼ $21,553
Total Liabilities and Net Assets / Fund Balance$949,889$920,025▼ $29,864

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$810,055$617,746$1,427,801
Land$56,750-$56,750
Equipment-$7,745$7,745
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Kara SummersPresident
Michelle DrumSecretary
Allen DrumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$157,333
Investment Income
$21
Other Revenue
$0
Change in Net Assets
$-21,553

Audited Revenue Reconciliation

Revenue per Audited Statements
$157,354
Total Revenue per Audited Statements
$157,354
Total Revenue per Form 990
$157,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,572
Salaries, Compensation, and Employee Benefits$28,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$36,935--$36,935
Other Salaries and Wages$23,949--$23,949
Insurance$14,581--$14,581
Fees for Services Management$12,692--$12,692
Fees for Services Accounting$7,722--$7,722
Other Expenses$6,259--$6,259
Office Expenses$5,649--$5,649
All Other Expenses$5,468--$5,468
Payroll Taxes$4,054--$4,054
Travel$632--$632
Interest$475--$475
Advertising$334--$334
Other Employee Benefits$332--$332
Total Functional Expenses$178,907$0$0$178,907

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$178,907
Total Expenses per Audited Statements$178,907
Total Expenses per Form 990$178,907
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-OwnerManagement FeeNo$12,692
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$3,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Allen drum kara summers treasurer president father and daughter allen drum michelle drum treasurer secretary father and daughter”

Form 990, Page 6, Part VI, Line 3

“Management is provided by managing agent under a contract approved by us department of hud.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 12C

“Discussed at board meetings.”

Form 990, Page 6, Part VI, Line 19

“Copy of tax return provided free of charge upon request.”

Filing and Contact Details

Filer

Filer Name
Rs & Vp Property One
EIN
85-0465107
Phone
5054521553
Address
1001 VALENCIA DR SE, ALBUQUERQUE, NM 87108
Doing Business As
Gene Gilbert Manor

Signing Officer

Name
Kara Summers
Title
President
Phone
5054521553
Signed
2021-03-09

Organization Details

Principal Officer
Kara Summers
Formed
1998
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
LOVERIDGE HUNT & CO CPA'S
Address
14725 SE 36TH ST STE 401, BELLEVUE, WA 98006-1682
Preparer
Hoa Thi Tran
Phone
4254532088
Raw XML Appendix392 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017867
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08243
IRS990/AccountsReceivableGrp/BOYAmt024
IRS990/AccountsReceivableGrp/EOYAmt036
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSONS.
IRS990/AdvertisingGrp/ProgramServicesAmt0334
IRS990/AdvertisingGrp/TotalAmt0334
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05468
IRS990/AllOtherExpensesGrp/TotalAmt05468
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HIGH DESERT HOUSING
IRS990/BooksInCareOfDetail/PhoneNum05054521553
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 80009
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBUQUERQUE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087198
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0480
IRS990/CashNonInterestBearingGrp/EOYAmt01061
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt021
IRS990/CYOtherExpensesAmt0150572
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0157333
IRS990/CYRevenuesLessExpensesAmt0-21553
IRS990/CYSalariesCompEmpBnftPaidAmt028335
IRS990/CYTotalExpensesAmt0178907
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0157354
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0667
IRS990/DeferredRevenueGrp/EOYAmt01862
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036935
IRS990/DepreciationDepletionGrp/TotalAmt036935
IRS990/Desc0TO PROVIDE HOUSING TO LOW/MODERATE INCOME PERSONS WHO HAVE, AND CAN VERIFY, A MENTAL, PHYSICAL, OR DEVELOPMENTAL DISABILITY. THE HOUSING COMPLEX CONSISTS OF 18 UNITS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0GENE GILBERT MANOR
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0178907
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07722
IRS990/FeesForServicesAccountingGrp/TotalAmt07722
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012692
IRS990/FeesForServicesManagementGrp/TotalAmt012692
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ALLEN DRUM
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHELLE DRUM
IRS990/Form990PartVIISectionAGrp/PersonNm2KARA SUMMERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0157354
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014581
IRS990/InsuranceGrp/TotalAmt014581
IRS990/IntangibleAssetsGrp/BOYAmt016033
IRS990/IntangibleAssetsGrp/EOYAmt015351
IRS990/InterestGrp/ProgramServicesAmt0475
IRS990/InterestGrp/TotalAmt0475
IRS990/InvestmentIncomeGrp/ExclusionAmt021
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0625491
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0903058
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0866805
IRS990/LandBldgEquipCostOrOtherBssAmt01492296
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01484427
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01484427
IRS990/NetAssetsOrFundBalancesBOYAmt0-556941
IRS990/NetAssetsOrFundBalancesEOYAmt0-578494
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-556941
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-578494
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt05649
IRS990/OfficeExpensesGrp/TotalAmt05649
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030294
IRS990/OtherAssetsTotalGrp/EOYAmt036772
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0332
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0332
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1CLEANING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER TAXES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt029588
IRS990/OtherExpensesGrp/ProgramServicesAmt123235
IRS990/OtherExpensesGrp/ProgramServicesAmt27002
IRS990/OtherExpensesGrp/ProgramServicesAmt36259
IRS990/OtherExpensesGrp/TotalAmt029588
IRS990/OtherExpensesGrp/TotalAmt123235
IRS990/OtherExpensesGrp/TotalAmt27002
IRS990/OtherExpensesGrp/TotalAmt36259
IRS990/OtherLiabilitiesGrp/BOYAmt03869
IRS990/OtherLiabilitiesGrp/EOYAmt03987
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023949
IRS990/OtherSalariesAndWagesGrp/TotalAmt023949
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04054
IRS990/PayrollTaxesGrp/TotalAmt04054
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KARA SUMMERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0157333
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0157333
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014
IRS990/PYOtherExpensesAmt0145055
IRS990/PYProgramServiceRevenueAmt0144555
IRS990/PYRevenuesLessExpensesAmt0-36353
IRS990/PYSalariesCompEmpBnftPaidAmt035867
IRS990/PYTotalExpensesAmt0180922
IRS990/PYTotalRevenueAmt0144569
IRS990/ReconcilationRevenueExpnssAmt0-21553
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0157333
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt087
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0157333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0144555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0138664
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0140363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0130527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0711442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt087
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt0711442
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0157333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0144555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0138664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0140363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0130527
IRS990ScheduleA/Total509Grp/TotalAmt0711442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0157354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0144569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0138679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0140380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0130547
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0711529
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0810055
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0617746
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01427801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07745
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07745
IRS990ScheduleD/ExpensesSubtotalAmt0178907
IRS990ScheduleD/LandGrp/BookValueAmt056750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt056750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0157354
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0866805
IRS990ScheduleD/TotalExpensesPerForm990Amt0178907
IRS990ScheduleD/TotalLiabilityAmt03987
IRS990ScheduleD/TotalRevenuePerForm990Amt0157354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0157354
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0178907
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CION HOUSING SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012692
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT FEE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALLEN DRUM KARA SUMMERS TREASURER PRESIDENT FATHER AND DAUGHTER ALLEN DRUM MICHELLE DRUM TREASURER SECRETARY FATHER AND DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT IS PROVIDED BY MANAGING AGENT UNDER A CONTRACT APPROVED BY US DEPARTMENT OF HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPY OF TAX RETURN PROVIDED FREE OF CHARGE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AGUA AZUL HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1WILLOW TERRACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0850481429
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1742835142
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORD.HSG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORD.HSG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 80009
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 19035
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd087198
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd187119
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0949889
IRS990/TotalAssetsEOYAmt0920025
IRS990/TotalAssetsGrp/BOYAmt0949889
IRS990/TotalAssetsGrp/EOYAmt0920025
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0178907
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178907
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01506830
IRS990/TotalLiabilitiesEOYAmt01498519
IRS990/TotalLiabilitiesGrp/BOYAmt01506830
IRS990/TotalLiabilitiesGrp/EOYAmt01498519
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-556941
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-578494
IRS990/TotalProgramServiceExpensesAmt0178907
IRS990/TotalProgramServiceRevenueAmt0157333
IRS990/TotalRevenueGrp/ExclusionAmt021
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0157333
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0157354
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0949889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0920025
IRS990/TravelGrp/ProgramServicesAmt0632
IRS990/TravelGrp/TotalAmt0632
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 80009
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087198
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KARA SUMMERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05054521553
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RS & VP PROPERTY ONE
ReturnHeader/Filer/BusinessNameControlTxt0RS&V
ReturnHeader/Filer/EIN0850465107
ReturnHeader/Filer/PhoneNum05054521553
ReturnHeader/Filer/USAddress/AddressLine1Txt01001 VALENCIA DR SE
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087108
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911347576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOVERIDGE HUNT & CO CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014725 SE 36TH ST STE 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980061682
ReturnHeader/PreparerPersonGrp/PhoneNum04254532088
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOA THI TRAN
ReturnHeader/ReturnTs02021-03-09T11:01:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$920,025
Liabilities
$1,498,519
Net assets
-$578,494
Revenue
$157,354
Expenses
$178,907
Net income
-$21,553
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$1.54$0.79$0.18$0.26$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.80$1.51$0.71$0.18$0.23$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.84$1.50$0.66$0.18$0.22$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.88$1.50$0.62$0.16$0.20$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.92$1.50$0.58$0.16$0.18$0.02
2019Summary only. Only limited summary data is available for this year.$0.95$1.51$0.56$0.14$0.18$0.04
2018Summary only. Only limited summary data is available for this year.$0.99$1.51$0.52$0.14$0.18$0.04
2017Summary only. Only limited summary data is available for this year.$1.02$1.50$0.48$0.14$0.18$0.03
2016Summary only. Only limited summary data is available for this year.$1.05$1.50$0.44$0.13$0.17$0.04