Civic Intelligence

Fsl Rural Development Inc

990 • Fiscal year 2014 • EIN 86-0380470

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

1201 E Thomas Road85014

(602) 285-1800

Siviq Scores

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

Liabilities / Assets

90th percentile

0.94x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

3.19x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$219,015

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

54th percentile

3.9%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$5,544,114

Up $206,961 (+3.9%) from 2013

Net Assets

Up

$321,850

Up $357,562 (+1001%) from 2013

Liabilities

Down

$5,222,264

Down $150,601 (-2.8%) from 2013

Revenue

$1,638,045

No earlier filing loaded for comparison.

Expenses

Down

$1,280,483

Down $106,831 (-7.7%) from 2013

Net Income

$357,562

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.

$10M$5.0M$0-$5.0MAssets 2010: $5,648,908Liabilities 2010: $2,885,702Net Assets 2010: $2,763,2062010Assets 2011: $5,763,123Liabilities 2011: $5,477,533Net Assets 2011: $285,5902011Assets 2012: $5,521,921Liabilities 2012: $5,746,156Net Assets 2012: -$224,2352012Assets 2013: $5,337,153Liabilities 2013: $5,372,865Net Assets 2013: -$35,7122013Assets 2014: $5,544,114Liabilities 2014: $5,222,264Net Assets 2014: $321,8502014Assets 2015: $6,692,584Liabilities 2015: $6,001,261Net Assets 2015: $691,3232015Assets 2016: $7,437,699Liabilities 2016: $6,041,247Net Assets 2016: $1,396,4522016Assets 2017: $7,620,750Liabilities 2017: $5,867,014Net Assets 2017: $1,753,7362017Assets 2018: $7,818,447Liabilities 2018: $5,723,974Net Assets 2018: $2,094,4732018Assets 2019: $8,001,405Liabilities 2019: $5,596,986Net Assets 2019: $2,404,4192019Assets 2020: $8,236,454Liabilities 2020: $5,439,083Net Assets 2020: $2,797,3712020Assets 2021: $8,452,709Liabilities 2021: $5,308,277Net Assets 2021: $3,144,4322021Assets 2022: $8,624,578Liabilities 2022: $5,140,026Net Assets 2022: $3,484,5522022Assets 2023: $8,770,240Liabilities 2023: $5,012,602Net Assets 2023: $3,757,6382023Assets 2024: $9,158,770Liabilities 2024: $5,086,126Net Assets 2024: $4,072,6442024

Highlighted filing

2014

Assets$5,544,114
Liabilities$5,222,264
Net Assets$321,850

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $4,788,1762010Expenses 2011: $4,040,3382011Expenses 2012: $2,114,4912012Expenses 2013: $1,387,3142013Revenue 2014: $1,638,045Expenses 2014: $1,280,483Net Income 2014: $357,5622014Revenue 2015: $1,658,966Expenses 2015: $1,289,493Net Income 2015: $369,4732015Revenue 2016: $2,032,635Expenses 2016: $1,197,647Net Income 2016: $834,9882016Revenue 2017: $1,438,397Expenses 2017: $1,081,113Net Income 2017: $357,2842017Revenue 2018: $1,465,891Expenses 2018: $1,125,154Net Income 2018: $340,7372018Revenue 2019: $1,490,328Expenses 2019: $1,180,382Net Income 2019: $309,9462019Revenue 2020: $1,561,683Expenses 2020: $1,168,731Net Income 2020: $392,9522020Revenue 2021: $1,540,037Expenses 2021: $1,192,976Net Income 2021: $347,0612021Revenue 2022: $1,559,982Expenses 2022: $1,219,862Net Income 2022: $340,1202022Revenue 2023: $1,589,044Expenses 2023: $1,315,958Net Income 2023: $273,0862023Revenue 2024: $1,791,661Expenses 2024: $1,476,655Net Income 2024: $315,0062024

Highlighted filing

2014

Revenue$1,638,045
Expenses$1,280,483
Net Income$357,562
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$1,638,045
Mission and Program Overview

Mission

To provide home and community-based services and develop energy-efficient, affordable housing to promote health, independence and dignity for all.

Provides low-income elderly persons with housing facilities and services (cont. On sch. O) specially designed to meet their physical, social, and psychological needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,041,523$2,016,756▼ $24,767
Savings and Temporary Cash Investments$474,262$798,474▲ $324,212
Accounts Receivable$7,142$6,303▼ $839
Total Assets$5,337,153$5,544,114▲ $206,961
Other Assets Total$2,814,226$2,722,581▼ $91,645
Liabilities
Other Liabilities$5,287,738$5,132,554▼ $155,184
Accounts Payable and Accrued Expenses$55,368$58,109▲ $2,741
Escrow Account Liability$29,759$31,601▲ $1,842
Total Liabilities$5,372,865$5,222,264▼ $150,601
Net Assets / Fund Balance
Unrestricted Net Assets$-35,712$321,850▲ $357,562
Total Net Assets Fund Balance$-35,712$321,850▲ $357,562
Total Liabilities and Net Assets / Fund Balance$5,337,153$5,544,114▲ $206,961

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,647,215$3,000,925$4,648,140
Land$356,973-$356,973
Equipment$12,568$151,067$163,635
Other Assets Org$11,875--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Richard ArmstrongChief Financial Officer$135,438$135,438
Carrie SmithMember$127,309$127,309
Joe SwitalskiSecretary$100,581$100,581
Blanca RuizTreasurer$88,352$88,352

Board Members and Trustees

NameTitle
Guy MikkelsenPresident
Linda MartinVice President
Steve HastingsMember
Revenue and Support

Revenue Composition

Contributions and Grants
$27,510
Program Service Revenue
$1,511,033
Investment Income
$99,502
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$357,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,638,045
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,638,045
Total Revenue per Form 990
$1,638,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,072,523
Salaries, Compensation, and Employee Benefits$207,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$326,216-$326,216
Occupancy$267,285--$267,285
Other Salaries and Wages$174,715--$174,715
Depreciation Depletion$124,065--$124,065
Fees for Services Management-$59,520-$59,520
Office Expenses$26,939--$26,939
Fees for Services Other$23,642--$23,642
Fees for Services Legal$23,066--$23,066
Other Employee Benefits$19,915--$19,915
Fees for Services Accounting$16,000--$16,000
Payroll Taxes$12,930--$12,930
Insurance$11,952--$11,952
Information Technology$7,301--$7,301
Travel$5,482--$5,482
Conferences and Meetings$3,899--$3,899
Other Expenses$2,960--$2,960
All Other Expenses$769--$769
Advertising$711--$711
Pension Plan Contributions$400--$400
Total Functional Expenses$894,747$385,736$0$1,280,483

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,280,483
Total Expenses per Audited Statements$1,280,483
Total Expenses per Form 990$1,280,483
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Guy Mikkelsen JrOFFICER'S FAMILYWages PaidNo$41,643
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable - Affiliate$5,094,622
Due to Affiliates$37,932
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 1B:

The board members are not independent as they are compensated by foundation for senior living (fsl) related organizations for their services provided to the fsl organization as a whole. Foundation for senior living has an independent board and they elect the board members for fsl rural development.

Form 990, Part VI, Section A, Line 3

Fsl rural development pays fsl management, an affiliate, a management fee approved by the department of housing and urban development, in accordance with the management agreement. These services include, but are not limited to, financial, human resources, and risk management oversight.

Form 990, Part VI, Section A, Line 6

The sole member of this organization is foundation for senior living.

Form 990, Part VI, Section A, Line 7A

The directors shall be appointed by the member of the organization. Directors may be removed at any time without cause by the member.

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

Fsl rural development does not have a committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The treasury manager of foundation for senior living (fsl) will review the return prior to being submitted to the governing board. The return will also be provided to the fsl's board of directors.

Form 990, Part VI, Section B, Line 12

Everyone on boards or working for the foundation and its affiliates are covered under the policy. For foundation, conflicts are determined at the fsl board level. For affiliate corporations, conflicts are determined either at the fsl leadership council level or the affiliate board level for both the level at which determinations of whether a conflict exists are made and the level at which actual conflicts are reviewed. All potential conflicts of interest, regardless of how small or insignificant, are to be reported to the president of the board of directors (or committee chair) prior to engaging in a conflict of interest board or committee action. The president will ask the board of directors to make a decision as to whether the relationship is an appropriate one for fsl. The board member declaring the conflict will have no vote on the matter. Moreover, the person having a conflict shall retire from the room in which the board (or its committee) is meeting and shall not participate in the final deliberation regarding the matter under consideration. However, the person shall be permitted to provide the board or committee with any and all relevant information prior to leaving the meeting.

Form 990, Part VI, Section B, Line 15

Guy mikkelsen is compensated by a related organization, fsl management for his services provided to fsl and its related organizations. His compensation is approved by the governing board of fsl. On an annual basis, they are provided with comparability data/compensation studies to determine his compensation. Other officers and directors are provided compensation from fsl and other related organizations for their services, beyond being on the governing board, provided to that entity and other related organizations. Their compensation is approved by guy mikkelsen, president and ceo.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
86-0380470
Phone
6022851800

Signing Officer

Name
Carrie Smith
Title
Treasurer
Phone
6022851800
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Egan
Formed
1979
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
0
Employees
8
Volunteers
0

Preparer

Preparer
Brenda Blunt
Phone
6022645844
Supplemental Narrative

Additional Explanations

Form 990, Part I, Item C

Dba: padua hills apartments, (sch o) dba: vianney villas apartments dba: st. Agnes apartments dba: amy neal retirement center

Financial Statement Notes

PART IV, LINE 2B:

Funds collected as security deposits, under contractual agreements, are maintained in a separate fund. The amount maintained in the trust account is to be at least equal to the related tenant security deposit liability.

PART X, LINE 2:

The management believes that it has appropriate support for any income tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 1,079 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.

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IRS990/Desc0THE HOUSING PROGRAM PROVIDES APPROPRIATE HOME CHOICES FOR SENIORS AND INDIVIDUALS WITH MOBILITY AND SPECIFIC ABILITY REQUIREMENTS. RESIDENTS ARE ENCOURAGED TO PERSONALIZE THEIR SURROUNDINGS AND ENJOY NEIGHBORS AND COMMUNAL ACTIVITIES. FSL RURAL DEVELOPMENT CONSISTS OF FOUR WELL MAINTAINED FACILITIES LOCATED THROUGHOUT THE STATE. RESIDENTS SERVED WERE 153 *(NOT INCLUDING FOOD BANK CLIENTS) AT THE FOLLOWING FACILITIES:AMY NEAL RETIREMENT CENTER - KINGMAN, AZVIANNEY VILLAS - AVONDALE, AZPADUA HILLS - WICKENBURG, AZST. AGNES - WILLIAMS, AZ *IN ADDITION TO HOUSING, THIS SITE SERVED 1500 UNDUPLICATED CLIENTS IN FOOD DISTRIBUTION.
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IRS990/OccupancyGrp/TotalAmt0267285
IRS990/OfficeExpensesGrp/ProgramServicesAmt026939
IRS990/OfficeExpensesGrp/TotalAmt026939
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02814226
IRS990/OtherAssetsTotalGrp/EOYAmt02722581
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019915
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019915
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1LICENSES, FEES, & PERMI
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3COMMUNITY RELATIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt0160046
IRS990/OtherExpensesGrp/ProgramServicesAmt16345
IRS990/OtherExpensesGrp/ProgramServicesAmt26325
IRS990/OtherExpensesGrp/ProgramServicesAmt32960
IRS990/OtherExpensesGrp/TotalAmt0160046
IRS990/OtherExpensesGrp/TotalAmt16345
IRS990/OtherExpensesGrp/TotalAmt26325
IRS990/OtherExpensesGrp/TotalAmt32960
IRS990/OtherLiabilitiesGrp/BOYAmt05287738
IRS990/OtherLiabilitiesGrp/EOYAmt05132554
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0174715
IRS990/OtherSalariesAndWagesGrp/TotalAmt0174715
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt012930
IRS990/PayrollTaxesGrp/TotalAmt012930
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0400
IRS990/PensionPlanContributionsGrp/TotalAmt0400
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TOM EGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623000
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1VENDING AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01508626
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01508626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt026139
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0100000
IRS990/PYInvestmentIncomeAmt0103327
IRS990/PYOtherExpensesAmt01096933
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01446371
IRS990/PYRevenuesLessExpensesAmt0188523
IRS990/PYSalariesCompEmpBnftPaidAmt0190381
IRS990/PYTotalExpensesAmt01387314
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01575837
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0357562
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01511033
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0474262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0798474
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt027510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026139
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015998
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt087131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt099502
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0103327
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt099914
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0121766
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014776
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0439285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01511033
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01446371
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01487268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01424958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01380320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07249950
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt099502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0103327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt099914
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0121766
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014776
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0439285
IRS990ScheduleA/InvestmentIncomeCYPct00.05650
IRS990ScheduleA/InvestmentIncomePYPct00.04840
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94350
IRS990ScheduleA/PublicSupportPY509Pct00.95160
IRS990ScheduleA/PublicSupportTotal509Amt07337081
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01538543
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01472510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01504752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01440956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01380320
IRS990ScheduleA/Total509Grp/TotalAmt07337081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01638045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01575837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01604666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01562722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01395096
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07776366
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01647215
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03000925
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04648140
IRS990ScheduleD/EquipmentGrp/BookValueAmt012568
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0151067
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0163635
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01280483
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0356973
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0356973
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043475
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1326686
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22340545
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt311875
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NOTES RECEIVABLE - AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037932
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15094622
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE - AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01638045
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS COLLECTED AS SECURITY DEPOSITS, UNDER CONTRACTUAL AGREEMENTS, ARE MAINTAINED IN A SEPARATE FUND. THE AMOUNT MAINTAINED IN THE TRUST ACCOUNT IS TO BE AT LEAST EQUAL TO THE RELATED TENANT SECURITY DEPOSIT LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02016756
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02722581
IRS990ScheduleD/TotalExpensesPerForm990Amt01280483
IRS990ScheduleD/TotalLiabilityAmt05132554
IRS990ScheduleD/TotalRevenuePerForm990Amt01638045
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01638045
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01280483
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt16000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0181666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1127112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2137966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.16$5.09$4.07$1.79$1.48$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.77$5.01$3.76$1.59$1.32$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$5.14$3.48$1.56$1.22$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.45$5.31$3.14$1.54$1.19$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.24$5.44$2.80$1.56$1.17$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.00$5.60$2.40$1.49$1.18$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.82$5.72$2.09$1.47$1.13$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$5.87$1.75$1.44$1.08$0.36
2016Detailed filing. Detailed filing data is available for this year.$7.44$6.04$1.40$2.03$1.20$0.83
2015Detailed filing. Detailed filing data is available for this year.$6.69$6.00$0.69$1.66$1.29$0.37
2014Detailed filing. Detailed filing data is available for this year.$5.54$5.22$0.32$1.64$1.28$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.34$5.37$0.04$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$5.75$0.22$2.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$5.48$0.29$4.04
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.65$2.89$2.76$4.79