Civic Intelligence

Arizona Regional Economic Development Foundation

990 • Fiscal year 2015 • EIN 86-0542973

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

Organization Profilewww.aredf.org
750 E Bartow Dr Ste 16Sierra Vista, AZ 85635

(520) 458-6948

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.21x

Higher debt load relative to assets than 53% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

2.51x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

66th percentile

8.8%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$91,280

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

38th percentile

-1.6%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$7,473,925

Down $122,582 (-1.6%) from 2014

Net Assets

Down

$5,878,937

Down $23,409 (-0.4%) from 2014

Liabilities

Down

$1,594,988

Down $99,173 (-5.9%) from 2014

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin66th percentile

Revenue

Down

$634,546

Down $189,881 (-23%) from 2014

Expenses

Down

$578,676

Down $53,929 (-8.5%) from 2014

Net Income

Down

$55,870

Down $135,952 (-71%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,460,522Liabilities 2010: $2,235,248Net Assets 2010: $5,225,2742010Assets 2011: $7,509,658Liabilities 2011: $2,139,884Net Assets 2011: $5,369,7742011Assets 2012: $7,504,772Liabilities 2012: $1,982,777Net Assets 2012: $5,521,9952012Assets 2013: $7,510,803Liabilities 2013: $1,845,250Net Assets 2013: $5,665,5532013Assets 2014: $7,596,507Liabilities 2014: $1,694,161Net Assets 2014: $5,902,3462014Assets 2015: $7,473,925Liabilities 2015: $1,594,988Net Assets 2015: $5,878,9372015Assets 2016: $7,341,338Liabilities 2016: $1,436,324Net Assets 2016: $5,905,0142016Assets 2017: $7,211,381Liabilities 2017: $1,295,302Net Assets 2017: $5,916,0792017Assets 2018: $7,462,359Liabilities 2018: $1,570,276Net Assets 2018: $5,892,0832018Assets 2019: $7,216,603Liabilities 2019: $1,379,245Net Assets 2019: $5,837,3582019Assets 2020: $6,895,307Liabilities 2020: $1,200,401Net Assets 2020: $5,694,9062020Assets 2021: $6,996,205Liabilities 2021: $1,151,642Net Assets 2021: $5,844,5632021Assets 2022: $6,683,944Liabilities 2022: $1,194,306Net Assets 2022: $5,489,6382022Assets 2023: $6,314,300Liabilities 2023: $1,067,781Net Assets 2023: $5,246,5192023Assets 2024: $5,772,460Liabilities 2024: $774,339Net Assets 2024: $4,998,1212024Assets 2025: $5,336,525Liabilities 2025: $683,578Net Assets 2025: $4,652,9472025

Highlighted filing

2015

Assets$7,473,925
Liabilities$1,594,988
Net Assets$5,878,937
Open 2015 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $552,8602010Revenue 2011: $638,442Expenses 2011: $493,942Net Income 2011: $144,5002011Expenses 2012: $518,7912012Expenses 2013: $542,2662013Revenue 2014: $824,427Expenses 2014: $632,605Net Income 2014: $191,8222014Revenue 2015: $634,546Expenses 2015: $578,676Net Income 2015: $55,8702015Revenue 2016: $658,549Expenses 2016: $637,316Net Income 2016: $21,2332016Revenue 2017: $664,684Expenses 2017: $697,848Net Income 2017: -$33,1642017Revenue 2018: $646,894Expenses 2018: $652,431Net Income 2018: -$5,5372018Revenue 2019: $711,292Expenses 2019: $816,041Net Income 2019: -$104,7492019Revenue 2020: $744,368Expenses 2020: $906,829Net Income 2020: -$162,4612020Revenue 2021: $722,991Expenses 2021: $652,671Net Income 2021: $70,3202021Revenue 2022: $808,902Expenses 2022: $812,265Net Income 2022: -$3,3632022Revenue 2023: $690,328Expenses 2023: $1,042,913Net Income 2023: -$352,5852023Revenue 2024: $907,354Expenses 2024: $1,260,738Net Income 2024: -$353,3842024Revenue 2025: $787,293Expenses 2025: $1,157,307Net Income 2025: -$370,0142025

Highlighted filing

2015

Revenue$634,546
Expenses$578,676
Net Income$55,870
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v6.0
Gross Receipts
$1,285,445
Mission and Program Overview

Mission

Preservation and strengthening of the regional economy through initiatives focused on industry recruitment, expansion and development. The mission is accomplished by providing consulting services, promotion of special events, and leasing of commercial facilities.

To promote economic development in the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,521,207$5,326,795▼ $194,412
Investments in Publicly Traded Securities$1,020,801$1,113,269▲ $92,468
Investments Program Related$781,000--
Savings and Temporary Cash Investments$143,249$155,570▲ $12,321
Cash and Non-Interest-Bearing Accounts$94,437$42,956▼ $51,481
Other Notes and Loans Receivable, Net$30,000$24,119▼ $5,881
Accounts Receivable$1,742$13,495▲ $11,753
Prepaid Expenses and Deferred Charges$4,067$3,865▼ $202
Total Assets$7,596,507$7,473,925▼ $122,582
Other Assets Total$4$793,856▲ $793,852
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,653,278$1,529,971▼ $123,307
Other Liabilities$36,937$39,493▲ $2,556
Accounts Payable and Accrued Expenses$3,946$25,524▲ $21,578
Total Liabilities$1,694,161$1,594,988▼ $99,173
Net Assets / Fund Balance
Unrestricted Net Assets$5,121,346$5,878,937▲ $757,591
Temporarily Rstr Net Assets$781,000--
Total Net Assets Fund Balance$5,902,346$5,878,937▼ $23,409
Total Liabilities and Net Assets / Fund Balance$7,596,507$7,473,925▼ $122,582

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,492,635$2,752,378$7,245,013
Land$693,112-$693,112
Leasehold Improvements$126,418$28,846$155,264
Equipment$7,173$16,231$23,404
Other Land Buildings$7,457$6,931$14,388
Other Assets Org$12,856--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mignonne HollisExecutive DirectorFT$91,280$91,280

Board Members and Trustees

NameTitle
Lynn MattinglyPresident and CEO
Kevin PetersonVice-president
Dr Dean FrenchBoard Member
Gary HaymoreBoard Member
Jonathan WoodruffBoard Member
Paul MeloBoard Member
Rick MuellerBoard Member
Ron CurtisBoard Member
Sheila Devoe HeidmanSecretary
Kirby ChapmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$555,270
Investment Income
$79,193
Other Revenue
$83
Change in Net Assets
$55,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$440,184
Salaries, Compensation, and Employee Benefits$138,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$194,688$896-$195,584
Current Officers, Directors, Trustees, and Key Employees$82,152$9,128-$91,280
Occupancy$59,827$19,942-$79,769
Interest$70,203--$70,203
Other Salaries and Wages$18,685$18,685-$37,370
Advertising$22,271$591-$22,862
Fees for Service Investment Mgmnt Fees-$12,155-$12,155
Payroll Taxes$7,714$2,128-$9,842
Travel$9,364--$9,364
Fees for Services Accounting-$7,550-$7,550
Other Expenses$5,041$446-$5,487
Office Expenses$3,045$2,073-$5,118
Conferences and Meetings$3,809$242-$4,051
Fees for Services Other$1,450--$1,450
Fees for Services Legal$574--$574
Total Functional Expenses$504,551$74,125$0$578,676
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
Tenant Security Deposits$37,687
Accrued Interest$1,806
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

“Organizations process to review form 990-the board of trustees reviews completed forms at monthly meeting before filing.”

Conflict of interest policy compliance Part VI line 12C

“Enforcement of conflicts policy-annual review by board.”

CEO executive director top management comp Part VI line 15A

“Compensation process for top offical-approved by board of directors during executive session.”

Other officer or key employee compensation Part VI line 15B

“Compensation process for officers and key employees-meeting held by board of directors during executive session.”

Governing documents etc available to public Part VI line 19

“Governing documents disclosure explanation-available upon request”

Filing and Contact Details

Filer

Filer Name
Sierra Vista Economic Development
EIN
86-0542973
Address
750 E BARTOW DR STE 16, Sierra Vista, AZ 85635
Doing Business As
Foundation

Signing Officer

Name
Lynn Mattingly
Title
President
Phone
5204586948
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Az
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Schouten & Sullivan Pllc
Address
1857 PASEO SAN LUIS STE 4, Sierra Vista, AZ 85635
Preparer
Peggy a Stoll
Phone
5204581550
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Rounding -2.”

Raw XML AppendixShowing 400 of 477 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/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01653278
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01529971
IRS990/NetAssetsOrFundBalancesBOYAmt05902346
IRS990/NetAssetsOrFundBalancesEOYAmt05878937
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt032479
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt032479
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-62702
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt019942
IRS990/OccupancyGrp/ProgramServicesAmt059827
IRS990/OccupancyGrp/TotalAmt079769
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02073
IRS990/OfficeExpensesGrp/ProgramServicesAmt03045
IRS990/OfficeExpensesGrp/TotalAmt05118
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04
IRS990/OtherAssetsTotalGrp/EOYAmt0793856
IRS990/OtherChangesInNetAssetsAmt0-2
IRS990/OtherExpensesGrp/Desc0Dues license and Permits
IRS990/OtherExpensesGrp/Desc1Project Expense
IRS990/OtherExpensesGrp/Desc2Insurance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0289
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1446
IRS990/OtherExpensesGrp/ProgramServicesAmt05878
IRS990/OtherExpensesGrp/ProgramServicesAmt119850
IRS990/OtherExpensesGrp/ProgramServicesAmt25041
IRS990/OtherExpensesGrp/TotalAmt06167
IRS990/OtherExpensesGrp/TotalAmt119850
IRS990/OtherExpensesGrp/TotalAmt25487
IRS990/OtherLiabilitiesGrp/BOYAmt036937
IRS990/OtherLiabilitiesGrp/EOYAmt039493
IRS990/OtherRevenueMiscGrp/BusinessCd0561439
IRS990/OtherRevenueMiscGrp/Desc0RETURNS AND FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt083
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt083
IRS990/OtherRevenueTotalAmt083
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018685
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018685
IRS990/OtherSalariesAndWagesGrp/TotalAmt037370
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt030000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt024119
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02128
IRS990/PayrollTaxesGrp/ProgramServicesAmt07714
IRS990/PayrollTaxesGrp/TotalAmt09842
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04067
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03865
IRS990/PriorPeriodAdjustmentsAmt0-16575
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/BusinessCd2541610
IRS990/ProgramServiceRevenueGrp/BusinessCd3561439
IRS990/ProgramServiceRevenueGrp/Desc0COMM BUILDING LEASE
IRS990/ProgramServiceRevenueGrp/Desc1BARTOW BUSINESS COMPLEX
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc3TENANT PRINTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0499247
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137635
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0499247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3543
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt081121
IRS990/PYOtherExpensesAmt0497360
IRS990/PYProgramServiceRevenueAmt0743306
IRS990/PYRevenuesLessExpensesAmt0191822
IRS990/PYSalariesCompEmpBnftPaidAmt0135245
IRS990/PYTotalExpensesAmt0632605
IRS990/PYTotalRevenueAmt0824427
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt055870
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0555354
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0143249
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155570
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046714
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt059005
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043973
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09497
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0181196
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0555354
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0743306
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0643830
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0632919
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0628945
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03204354
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046714
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt059005
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043973
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09497
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0181196
IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.05000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94650
IRS990ScheduleA/PublicSupportPY509Pct00.95000
IRS990ScheduleA/PublicSupportTotal509Amt03204354
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0555354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0743306
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0643830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0632919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0628945
IRS990ScheduleA/Total509Grp/TotalAmt03204354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0602068
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0802311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0687803
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0654926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0638442
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03385550
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04492635
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02752378
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07245013
IRS990ScheduleD/EquipmentGrp/BookValueAmt07173
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016231
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023404
IRS990ScheduleD/LandGrp/BookValueAmt0693112
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0693112
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0126418
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028846
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0155264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0781000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112856
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Unrestricted Board Designated Inv
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CLOSING COST NET OF AMORTIZATION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07457
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06931
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014388
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05326795
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0793856
IRS990ScheduleD/TotalLiabilityAmt039493
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATIONS PROCESS TO REVIEW FORM 990-THE BOARD OF TRUSTEES REVIEWS COMPLETED FORMS AT MONTHLY MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY-ANNUAL REVIEW BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICAL-APPROVED BY BOARD OF DIRECTORS DURING EXECUTIVE SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR OFFICERS AND KEY EMPLOYEES-MEETING HELD BY BOARD OF DIRECTORS DURING EXECUTIVE SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION-AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,473,925
Liabilities
$1,594,988
Net assets
$5,878,937
Revenue
$634,546
Expenses
$578,676
Net income
$55,870
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.34$0.68$4.65$0.79$1.16$0.37
2024Detailed filing. Detailed filing data is available for this year.$5.77$0.77$5.00$0.91$1.26$0.35
2023Detailed filing. Detailed filing data is available for this year.$6.31$1.07$5.25$0.69$1.04$0.35
2022Detailed filing. Detailed filing data is available for this year.$6.68$1.19$5.49$0.81$0.81$0.00
2021Detailed filing. Detailed filing data is available for this year.$7.00$1.15$5.84$0.72$0.65$0.07
2020Detailed filing. Detailed filing data is available for this year.$6.90$1.20$5.69$0.74$0.91$0.16
2019Detailed filing. Detailed filing data is available for this year.$7.22$1.38$5.84$0.71$0.82$0.10
2018Detailed filing. Detailed filing data is available for this year.$7.46$1.57$5.89$0.65$0.65$0.01
2017Detailed filing. Detailed filing data is available for this year.$7.21$1.30$5.92$0.66$0.70$0.03
2016Detailed filing. Detailed filing data is available for this year.$7.34$1.44$5.91$0.66$0.64$0.02
2015Detailed filing. Detailed filing data is available for this year.$7.47$1.59$5.88$0.63$0.58$0.06
2014Detailed filing. Detailed filing data is available for this year.$7.60$1.69$5.90$0.82$0.63$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$1.85$5.67$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.50$1.98$5.52$0.52
2011Summary only. Only limited summary data is available for this year.$7.51$2.14$5.37$0.64$0.49$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.46$2.24$5.23$0.55