Civic Intelligence

Ncwb Housing Inc

990 • Fiscal year 2017 • EIN 88-0178723

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileN/A
400 Brush StreetLas Vegas, NV 89107

(702) 387-2292

Siviq Scores

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

Liabilities / Assets

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

4.79x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

62nd percentile

7.1%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

35th percentile

-0.0%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$8,305,493

Down $1,025 (-0.0%) from 2016

Net Assets

Up

$1,371,820

Up $102,390 (+8.1%) from 2016

Liabilities

Down

$6,933,673

Down $103,415 (-1.5%) from 2016

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin62nd percentile

Revenue

Up

$1,447,703

Up $146,333 (+11%) from 2016

Expenses

Up

$1,345,313

Up $112,430 (+9.1%) from 2016

Net Income

Up

$102,390

Up $33,903 (+50%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$10M$5.0M$0Assets 2011: $4,169,064Liabilities 2011: $3,216,413Net Assets 2011: $952,6512011Assets 2012: $4,344,049Liabilities 2012: $3,032,709Net Assets 2012: $1,311,3402012Assets 2013: $4,304,796Liabilities 2013: $2,773,139Net Assets 2013: $1,531,6572013Assets 2014: $4,352,151Liabilities 2014: $2,509,820Net Assets 2014: $1,842,3312014Assets 2015: $3,452,819Liabilities 2015: $2,251,876Net Assets 2015: $1,200,9432015Assets 2016: $8,306,518Liabilities 2016: $7,037,088Net Assets 2016: $1,269,4302016Assets 2017: $8,305,493Liabilities 2017: $6,933,673Net Assets 2017: $1,371,8202017Assets 2018: $7,716,117Liabilities 2018: $6,165,260Net Assets 2018: $1,550,8572018Assets 2019: $7,324,570Liabilities 2019: $5,995,839Net Assets 2019: $1,328,7312019Assets 2020: $7,131,672Liabilities 2020: $5,901,958Net Assets 2020: $1,229,7142020Assets 2021: $7,102,587Liabilities 2021: $5,807,931Net Assets 2021: $1,294,6562021Assets 2022: $6,949,532Liabilities 2022: $5,676,130Net Assets 2022: $1,273,4022022Assets 2023: $6,954,503Liabilities 2023: $5,592,846Net Assets 2023: $1,361,6572023Assets 2024: $6,842,347Liabilities 2024: $5,433,367Net Assets 2024: $1,408,9802024

Highlighted filing

2017

Assets$8,305,493
Liabilities$6,933,673
Net Assets$1,371,820
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,811,072Expenses 2011: $1,081,924Net Income 2011: $1,729,1482011Revenue 2012: $1,466,148Expenses 2012: $1,107,459Net Income 2012: $358,6892012Revenue 2013: $1,238,571Expenses 2013: $1,018,254Net Income 2013: $220,3172013Revenue 2014: $1,247,428Expenses 2014: $936,754Net Income 2014: $310,6742014Revenue 2015: $1,257,414Expenses 2015: $1,137,914Net Income 2015: $119,5002015Revenue 2016: $1,301,370Expenses 2016: $1,232,883Net Income 2016: $68,4872016Revenue 2017: $1,447,703Expenses 2017: $1,345,313Net Income 2017: $102,3902017Revenue 2018: $1,318,052Expenses 2018: $1,472,855Net Income 2018: -$154,8032018Revenue 2019: $1,352,397Expenses 2019: $1,574,523Net Income 2019: -$222,1262019Revenue 2020: $1,390,899Expenses 2020: $1,489,916Net Income 2020: -$99,0172020Revenue 2021: $1,497,519Expenses 2021: $1,432,577Net Income 2021: $64,9422021Revenue 2022: $1,408,707Expenses 2022: $1,429,961Net Income 2022: -$21,2542022Revenue 2023: $1,495,235Expenses 2023: $1,406,980Net Income 2023: $88,2552023Revenue 2024: $1,580,248Expenses 2024: $1,532,925Net Income 2024: $47,3232024

Highlighted filing

2017

Revenue$1,447,703
Expenses$1,345,313
Net Income$102,390
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$1,447,703
Mission and Program Overview

Mission

Provide affordable housing to qualified senior citizens in the las vegas, nv area.

Provide affordable housing toqualified senior citizens in the las vegas, nv area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,396,843$5,202,653▲ $1,805,810
Intangible Assets$601,944$584,433▼ $17,511
Prepaid Expenses and Deferred Charges$28,848$34,941▲ $6,093
Cash and Non-Interest-Bearing Accounts$105,046$13,207▼ $91,839
Accounts Receivable$-184$-441▼ $257
Total Assets$8,306,518$8,305,493▼ $1,025
Other Assets Total$4,174,021$2,470,700▼ $1,703,321
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,193,175$6,097,106▼ $96,069
Other Liabilities$788,376$717,579▼ $70,797
Accounts Payable and Accrued Expenses$55,537$118,988▲ $63,451
Total Liabilities$7,037,088$6,933,673▼ $103,415
Net Assets / Fund Balance
Unrestricted Net Assets$1,269,430$1,371,820▲ $102,390
Total Net Assets Fund Balance$1,269,430$1,371,820▲ $102,390
Total Liabilities and Net Assets / Fund Balance$8,306,518$8,305,493▼ $1,025

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,822,264$5,173,267$9,995,531
Equipment$152,418$243,363$395,781
Land$199,990-$199,990
Leasehold Improvements$27,981$21,940$49,921
Other Assets Org$679,144--
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Ned ColePresident
Phillip HollonVice President
Brian MaddoxTrustee
Daniel S AmsterTrustee
Gustavo Ramos JrTrustee
Luther M Snavely Iii EsqTrustee
Wade SimpsonTrustee
Drew ZidzikSecretary/interim Treasurer
Marcus ValerioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,444,578
Investment Income
$3,125
Other Revenue
$0
Change in Net Assets
$102,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,447,703
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,980
Total Revenue per Audited Statements
$1,449,683
Total Revenue per Form 990
$1,447,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,083,625
Salaries, Compensation, and Employee Benefits$261,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$414,177--$414,177
Other Salaries and Wages$220,570--$220,570
Interest$208,808--$208,808
Fees for Services Management$80,040--$80,040
Office Expenses$56,711--$56,711
Insurance$39,760--$39,760
Other Expenses$30,977--$30,977
All Other Expenses$27,678--$27,678
Other Employee Benefits$25,361--$25,361
Payroll Taxes$15,757--$15,757
Fees for Services Accounting$10,250--$10,250
Fees for Services Legal$5,099--$5,099
Advertising$589--$589
Total Functional Expenses$1,345,313$0$0$1,345,313

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,345,313
Total Expenses per Audited Statements$1,345,313
Total Expenses per Form 990$1,345,313
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Developer Fee Payable$352,031
Deferred Loan - City of Las Vegas$333,840
Tenant Security Deposit Liability$27,204
Misc. Current Liabilities$4,504
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization owns and operates an apartment building for low income elderly tenants subject to a us dept of hud regulatory agreement. This apartment is managed by an unrelated independent property management firm.”

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

“A draft of the form 990 is reviewed and approved by the management company and the board prior to filing with the irs.”

Form 990, Part VI, Section C, Line 19

“Copies are available for review upon request at the corporate offices.”

Filing and Contact Details

Filer

Filer Name
Ncwb Housing Inc
EIN
88-0178723
Phone
7023872292
Address
400 BRUSH STREET, LAS VEGAS, NV 89107

Signing Officer

Name
Ned Cole
Title
President
Phone
7023872292
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ned Cole
Formed
1978
Legal Domicile
Nv
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
PO BOX 7833, SAN FRANCISCO, CA 94120-7833
Preparer
Michael Morrison
Phone
4153568000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has been classified as a publicly-supported organization under internal revenue code section 501(c)(3). Therefore, the organization is not subject to income tax. The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. Management has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the organization are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Unearned/deferred revenue”

Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055537
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0118988
IRS990/AccountsReceivableGrp/BOYAmt0-184
IRS990/AccountsReceivableGrp/EOYAmt0-441
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOUSING TOQUALIFIED SENIOR CITIZENS IN THE LAS VEGAS, NV AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt0589
IRS990/AdvertisingGrp/TotalAmt0589
IRS990/AllAffiliatesIncludedInd01
IRS990/AllOtherExpensesGrp/ProgramServicesAmt027678
IRS990/AllOtherExpensesGrp/TotalAmt027678
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HAND PROPERTY MANAGEMENT COMPANY
IRS990/BooksInCareOfDetail/PhoneNum07027393345
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0295 E WARM SPRINGS ROAD SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAS VEGAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd089119
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0105046
IRS990/CashNonInterestBearingGrp/EOYAmt013207
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03125
IRS990/CYOtherExpensesAmt01083625
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01444578
IRS990/CYRevenuesLessExpensesAmt0102390
IRS990/CYSalariesCompEmpBnftPaidAmt0261688
IRS990/CYTotalExpensesAmt01345313
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01447703
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0414177
IRS990/DepreciationDepletionGrp/TotalAmt0414177
IRS990/Desc0TO PROVIDE QUALITY LIVING FOR LOW-INCOME SENIOR CITIZENS IN LAS VEGAS, NEVADA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01345313
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010250
IRS990/FeesForServicesAccountingGrp/TotalAmt010250
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05099
IRS990/FeesForServicesLegalGrp/TotalAmt05099
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt080040
IRS990/FeesForServicesManagementGrp/TotalAmt080040
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0WADE SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILLIP HOLLON
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL S AMSTER
IRS990/Form990PartVIISectionAGrp/PersonNm3NED COLE
IRS990/Form990PartVIISectionAGrp/PersonNm4DREW ZIDZIK
IRS990/Form990PartVIISectionAGrp/PersonNm5GUSTAVO RAMOS JR
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIAN MADDOX
IRS990/Form990PartVIISectionAGrp/PersonNm7LUTHER M SNAVELY III ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm8MARCUS VALERIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/INTERIM TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01447703
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt039760
IRS990/InsuranceGrp/TotalAmt039760
IRS990/IntangibleAssetsGrp/BOYAmt0601944
IRS990/IntangibleAssetsGrp/EOYAmt0584433
IRS990/InterestGrp/ProgramServicesAmt0208808
IRS990/InterestGrp/TotalAmt0208808
IRS990/InvestmentIncomeGrp/ExclusionAmt03125
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03125
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05438570
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03396843
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05202653
IRS990/LandBldgEquipCostOrOtherBssAmt010641223
IRS990/LegalDomicileStateCd0NV
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE AFFORDABLE HOUSING TO QUALIFIED SENIOR CITIZENS IN THE LAS VEGAS, NV AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06193175
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06097106
IRS990/NetAssetsOrFundBalancesBOYAmt01269430
IRS990/NetAssetsOrFundBalancesEOYAmt01371820
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt056711
IRS990/OfficeExpensesGrp/TotalAmt056711
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04174021
IRS990/OtherAssetsTotalGrp/EOYAmt02470700
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025361
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025361
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3CONTRACTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0122831
IRS990/OtherExpensesGrp/ProgramServicesAmt152186
IRS990/OtherExpensesGrp/ProgramServicesAmt234519
IRS990/OtherExpensesGrp/ProgramServicesAmt330977
IRS990/OtherExpensesGrp/TotalAmt0122831
IRS990/OtherExpensesGrp/TotalAmt152186
IRS990/OtherExpensesGrp/TotalAmt234519
IRS990/OtherExpensesGrp/TotalAmt330977
IRS990/OtherLiabilitiesGrp/BOYAmt0788376
IRS990/OtherLiabilitiesGrp/EOYAmt0717579
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0220570
IRS990/OtherSalariesAndWagesGrp/TotalAmt0220570
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt015757
IRS990/PayrollTaxesGrp/TotalAmt015757
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028848
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034941
IRS990/PrincipalOfficerNm0NED COLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0FEES & CONTRACTS GOVER
IRS990/ProgramServiceRevenueGrp/Desc1LOW-INCOME RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0901948
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1542630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0901948
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1542630
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02607
IRS990/PYOtherExpensesAmt0960099
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01298763
IRS990/PYRevenuesLessExpensesAmt068487
IRS990/PYSalariesCompEmpBnftPaidAmt0272784
IRS990/PYTotalExpensesAmt01232883
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01301370
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0102390
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01444578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0901948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0875578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0855777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0831561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04305565
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06253
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99850
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt04305565
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0901948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0875578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0855777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0831561
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04305565
IRS990ScheduleA/TotalSupportAmt04311818
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04822264
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05173267
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09995531
IRS990ScheduleD/EquipmentGrp/BookValueAmt0152418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0243363
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0395781
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01345313
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0199990
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0199990
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt027981
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021940
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049921
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01707030
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt134156
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt227204
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt323166
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4679144
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0333840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt227204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3352031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED LOAN - CITY OF LAS VEGAS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISC. CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEVELOPER FEE PAYABLE
IRS990ScheduleD/OtherRevenueAmt01980
IRS990ScheduleD/RevenueNotReportedAmt01980
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01447703
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THEREFORE, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNEARNED/DEFERRED REVENUE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05202653
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02470700
IRS990ScheduleD/TotalExpensesPerForm990Amt01345313
IRS990ScheduleD/TotalLiabilityAmt0717579
IRS990ScheduleD/TotalRevenuePerForm990Amt01447703
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01449683
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01345313
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OWNS AND OPERATES AN APARTMENT BUILDING FOR LOW INCOME ELDERLY TENANTS SUBJECT TO A US DEPT OF HUD REGULATORY AGREEMENT. THIS APARTMENT IS MANAGED BY AN UNRELATED INDEPENDENT PROPERTY MANAGEMENT FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE MANAGEMENT COMPANY AND THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08306518
IRS990/TotalAssetsEOYAmt08305493
IRS990/TotalAssetsGrp/BOYAmt08306518
IRS990/TotalAssetsGrp/EOYAmt08305493
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01345313
IRS990/TotalFunctionalExpensesGrp/TotalAmt01345313
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07037088
IRS990/TotalLiabilitiesEOYAmt06933673
IRS990/TotalLiabilitiesGrp/BOYAmt07037088
IRS990/TotalLiabilitiesGrp/EOYAmt06933673
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01269430
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01371820
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01345313
IRS990/TotalProgramServiceRevenueAmt01444578
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01444578
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01447703
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08306518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08305493
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01269430
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01371820
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 BRUSH STREET
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089107
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,305,493
Liabilities
$6,933,673
Net assets
$1,371,820
Revenue
$1,447,703
Expenses
$1,345,313
Net income
$102,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$5.43$1.41$1.58$1.53$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.95$5.59$1.36$1.50$1.41$0.09
2022Detailed filing. Detailed filing data is available for this year.$6.95$5.68$1.27$1.41$1.43$0.02
2021Detailed filing. Detailed filing data is available for this year.$7.10$5.81$1.29$1.50$1.43$0.06
2020Detailed filing. Detailed filing data is available for this year.$7.13$5.90$1.23$1.39$1.49$0.10
2019Detailed filing. Detailed filing data is available for this year.$7.32$6.00$1.33$1.35$1.57$0.22
2018Detailed filing. Detailed filing data is available for this year.$7.72$6.17$1.55$1.32$1.47$0.15
2017Detailed filing. Detailed filing data is available for this year.$8.31$6.93$1.37$1.45$1.35$0.10
2016Detailed filing. Detailed filing data is available for this year.$8.31$7.04$1.27$1.30$1.23$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.45$2.25$1.20$1.26$1.14$0.12
2014Summary only. Only limited summary data is available for this year.$4.35$2.51$1.84$1.25$0.94$0.31
2013Summary only. Only limited summary data is available for this year.$4.30$2.77$1.53$1.24$1.02$0.22
2012Summary only. Only limited summary data is available for this year.$4.34$3.03$1.31$1.47$1.11$0.36
2011Summary only. Only limited summary data is available for this year.$4.17$3.22$0.95$2.81$1.08$1.73