Civic Intelligence

Ncal - Mocksville Inc

EIN 86-1068239 • 501(c)3 • Winstonsalem, NC

Profile

Operate a hud section 232 assisted living complex for the low income elderly.

750 Bethesda RoadWinstonsalem, NC 27103

nchsm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

2.29x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

60th percentile

9.6%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

38th percentile

1.3%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $3,026,382 (-100%) from 2015

Liabilities

Down

$0

Down $3,361,250 (-100%) from 2015

Net Assets

Up

$0

Up $334,868 (+100%) from 2015

Revenue

Down

$1,423,482

Down $41,389 (-2.8%) from 2015

Expenses

Down

$708,127

Down $616,226 (-47%) from 2015

Net Income

Up

$715,355

Up $574,837 (+409%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $3,426,510Liabilities 2011: $3,848,345Net Assets 2011: -$421,8352011Assets 2012: $3,270,030Liabilities 2012: $3,725,953Net Assets 2012: -$455,9232012Assets 2013: $3,175,765Liabilities 2013: $3,744,234Net Assets 2013: -$568,4692013Assets 2014: $3,074,990Liabilities 2014: $3,550,376Net Assets 2014: -$475,3862014Assets 2015: $3,026,382Liabilities 2015: $3,361,250Net Assets 2015: -$334,8682015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,262,679Expenses 2011: $1,295,927Net Income 2011: -$33,2482011Revenue 2012: $1,316,803Expenses 2012: $1,350,891Net Income 2012: -$34,0882012Revenue 2013: $1,366,746Expenses 2013: $1,479,292Net Income 2013: -$112,5462013Revenue 2014: $1,446,076Expenses 2014: $1,352,993Net Income 2014: $93,0832014Revenue 2015: $1,464,871Expenses 2015: $1,324,353Net Income 2015: $140,5182015Revenue 2016: $1,423,482Expenses 2016: $708,127Net Income 2016: $715,3552016

Highlighted filing

2016

Revenue$1,423,482
Expenses$708,127
Net Income$715,355

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$4,626,337
Mission and Program Overview

Mission

Operate a hud section 232 assisted living complex for the low income elderly.

Provides assisted living to low income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,585,186$0▼ $2,585,186
Savings and Temporary Cash Investments$163,177$0▼ $163,177
Cash and Non-Interest-Bearing Accounts$154,359$0▼ $154,359
Intangible Assets$60,921$0▼ $60,921
Prepaid Expenses and Deferred Charges$29,571$0▼ $29,571
Accounts Receivable$17,182$0▼ $17,182
Inventories for Sale or Use$10,329$0▼ $10,329
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$3,026,382$0▼ $3,026,382
Other Assets Total$5,657$0▼ $5,657
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,915,622--
Other Liabilities$359,375$0▼ $359,375
Accounts Payable and Accrued Expenses$79,516--
Deferred Revenue$6,737--
Total Liabilities$3,361,250$0▼ $3,361,250
Net Assets / Fund Balance
Unrestricted Net Assets$-334,868$0▲ $334,868
Total Net Assets Fund Balance$-334,868$0▲ $334,868
Total Liabilities and Net Assets / Fund Balance$3,026,382$0▼ $3,026,382
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig PeatrossPresident
Joycelyn JohnsonVice President
Bill BoardDirector
Dr Frank CelestinoDirector
John NicholsAsst. Secretary/asst VP
Mallory OatesSecretary
Tammy VernonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$32,537
Investment Income
$1,390,945
Other Revenue
$0
Change in Net Assets
$715,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$708,127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$107,464--$107,464
Insurance$35,563--$35,563
All Other Expenses$19,968$1,665-$21,633
Office Expenses$17,506--$17,506
Other Expenses$13,256--$13,256
Fees for Services Accounting-$12,412-$12,412
Occupancy$4,439--$4,439
Fees for Services Management$2,054--$2,054
Depreciation Depletion$158--$158
Total Functional Expenses$694,050$14,077$0$708,127
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The property is managed by salem senior housing under agreement with the north carolina housing foundation, owner of the property.

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the director of finance of the management company and signed by the assistant vice president of the owner. Both individuals report to the board of directors (governing body).

Form 990, Part VI, Section C, Line 19

The organization has no written conflict of interest policy. Governing documents, financial statements and other pertinent information are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ncal - Mocksville Inc
EIN
86-1068239
Phone
3367653906
Address
750 BETHESDA ROAD, WINSTONSALEM, NC 27103
Doing Business As
Somerset Court of Mocksville

Signing Officer

Name
John Nichols
Title
Assistant Vice President
Phone
3367653906
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Nichols
Formed
2003
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Rhonda F Skiles
Phone
3362944494
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Corporate dissolution -380,487.

Raw XML AppendixShowing 400 of 674 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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01316803
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05627033
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd00
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0150 KEN DWIGGINS DRIVE, MOCKSVILLE, NORTH CAROLINA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0MOCKSVILLE SIP 2 LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02015-07-09
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0473665720
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt04593800
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0SALE PRICE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01270 25TH STREET PLACE SE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0HICKORY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd028602
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROPERTY IS MANAGED BY SALEM SENIOR HOUSING UNDER AGREEMENT WITH THE NORTH CAROLINA HOUSING FOUNDATION, OWNER OF THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE OF THE MANAGEMENT COMPANY AND SIGNED BY THE ASSISTANT VICE PRESIDENT OF THE OWNER. BOTH INDIVIDUALS REPORT TO THE BOARD OF DIRECTORS (GOVERNING BODY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO WRITTEN CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER PERTINENT INFORMATION ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATE DISSOLUTION -380,487.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTH CAROLINA HOUSING FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1GOLER PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2GLADSTONE HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3GRANVILLE PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4GRANVILLE PLAZA INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5HUNTERS HILL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6KORNER HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7LEGACY PLACE OF CATAWBA VALLEY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8MOCK PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9MOUNTAIN PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10TYRO SCHOOL APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11EAST SALEM APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12EAST SALEM HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13VHVH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14MILLBROOK HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15NCAL - CHERRYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16NCAL - ROCKY MOUNT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17NCAL - BOND PROPERTIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18NCAL - WINSTON SALEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19EAST 5TH STREET APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20COMMONS OF FORSYTH COUNTY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt21NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22NORTH WING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560929051
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1202069681
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2582168448
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3581348601
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4582004370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5263202574
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6581394455
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7200724481
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN8281478146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN9582024187
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN10800368717
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN11550824558
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN12581366719
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN13275554898
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN14561983872
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN15562082472
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN16562082473
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN17562094942
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN18562082475
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN19450705485
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN20460961990
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN21562087570
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN22455043940
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)

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