Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Assets
Down$2,279,743
Down $79,779 (-3.4%) from 2021
Net Assets
Down-$1,487,052
Down $75,459 (-5.3%) from 2021
Liabilities
Down$3,766,795
Down $4,320 (-0.1%) from 2021
Revenue
Up$382,602
Up $1,060 (+0.3%) from 2021
Expenses
Down$458,061
Down $4,079 (-0.9%) from 2021
Net Income
Up-$75,459
Up $5,139 (+6.4%) from 2021
Providing housing for elderly persons by operating a hud-assisted aparment community regulated under section 202 of the national housing act of 1959.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,270,190 | $2,186,749 | ▼ $83,441 |
| Cash and Non-Interest-Bearing Accounts | $2,261 | $19,090 | ▲ $16,829 |
| Accounts Receivable | $2,753 | $729 | ▼ $2,024 |
| Total Assets | $2,359,522 | $2,279,743 | ▼ $79,779 |
| Other Assets Total | $84,318 | $73,175 | ▼ $11,143 |
| Liabilities | |||
| Other Liabilities | $3,703,355 | $3,703,397 | ▲ $42 |
| Accounts Payable and Accrued Expenses | $66,416 | $59,578 | ▼ $6,838 |
| Deferred Revenue | $1,344 | $3,820 | ▲ $2,476 |
| Total Liabilities | $3,771,115 | $3,766,795 | ▼ $4,320 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-1,411,593 | $-1,487,052 | ▼ $75,459 |
| Total Net Assets Fund Balance | $-1,411,593 | $-1,487,052 | ▼ $75,459 |
| Total Liabilities and Net Assets / Fund Balance | $2,359,522 | $2,279,743 | ▼ $79,779 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,939,883 | $1,321,610 | $3,261,493 |
| Other Land Buildings | $6,866 | $269,828 | $276,694 |
| Land | $240,000 | - | $240,000 |
| Name | Title |
|---|---|
| Michelle Ferreyra | Chairman |
| Anthony Roark | Director |
| Diana Plazas | Director |
| Elizabeth Ji | Director |
| Erin Chun | Director |
| Kelly Kim | Director |
| Robert Williams | Director |
| Yosef Ohayon | Director |
| Seungjun Stephen Lee | CEO |
| Misoon Lee | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $384,562 |
| Salaries, Compensation, and Employee Benefits | $73,499 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $88,831 | - | - | $88,831 |
| Other Salaries and Wages | $49,633 | - | - | $49,633 |
| Fees for Services Management | - | $44,133 | - | $44,133 |
| Other Expenses | $20,131 | $15,770 | - | $35,901 |
| Other Employee Benefits | $18,229 | - | - | $18,229 |
| Insurance | $15,126 | - | - | $15,126 |
| Payroll Taxes | $5,637 | - | - | $5,637 |
| Total Functional Expenses | $398,158 | $59,903 | $0 | $458,061 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $458,061 |
| Total Expenses per Audited Statements | $458,061 |
| Total Expenses per Form 990 | $458,061 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Capital Advance | $3,690,500 |
| Tenant Security Deposits | $12,897 |
“The organization has entered into a managment agreement with a management company for day-to-day management of the apartment community as is common practice for owners/operators of hud-assisted rental communities.”
“The return is prepard by a certified public accounting firm and provided to the management company for initial review and approval. After any questions and comments from the management company are addressed, the return is provided to the board of directors for final review and approval. After any questions and comments from the board of director are addressed, the final approved return is signed my the designated board officer and filed.”
“Compliance is monitored at regularly scheduled meetings of the board of directors and at other times, if needed.”
“Documents are maintained by the board of directors and copies are provided upon request.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 66416 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 59578 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2753 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 729 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDING HOUSING FOR ELDERLY PERSONS BY OPERATING A HUD-ASSISTED APARMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HOUSING RESOURCE CENTER INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4048169770 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 53274 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30355 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2261 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 19090 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 29 |
| IRS990/CYOtherExpensesAmt | 0 | 384562 |
| IRS990/CYOtherRevenueAmt | 0 | 37 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 382536 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -75459 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 73499 |
| IRS990/CYTotalExpensesAmt | 0 | 458061 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 382602 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1344 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3820 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 88831 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 88831 |
| IRS990/Desc | 0 | PROVIDING HOUSING FOR ELDERLY PERSONS BY OPERATING A HUD-ASSISTED APARMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 398158 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 44133 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 44133 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MICHELLE FERREYRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SEUNGJUN STEPHEN LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MISOON LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ANTHONY ROARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KELLY KIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ERIN CHUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROBERT WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | YOSEF OHAYON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ELIZABETH JI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DIANA PLAZAS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 382602 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 15126 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15126 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 29 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 29 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1591438 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2270190 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2186749 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3778187 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | PROVIDING HOUSING FOR ELDERLY PERSONS BY OPERATING A HUD-ASSISTED APARMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -1411593 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1487052 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -1411593 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -1487052 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 84318 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 73175 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 18229 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 18229 |
| IRS990/OtherExpensesGrp/Desc | 0 | OPERATING AND MAINTENAN |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILITIES EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | ADMINISTRATIVE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 15770 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 137943 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 62628 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 20131 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 137943 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 62628 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 35901 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3703355 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3703397 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 37 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 37 |
| IRS990/OtherRevenueTotalAmt | 0 | 37 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 49633 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 49633 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 5637 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 5637 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | SEUNGJUN STEPHEN LEE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENT REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 382536 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 382536 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 30 |
| IRS990/PYOtherExpensesAmt | 0 | 356502 |
| IRS990/PYOtherRevenueAmt | 0 | 549 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 380963 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -80598 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 105638 |
| IRS990/PYTotalExpensesAmt | 0 | 462140 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 381542 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -75459 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 382573 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 29 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 30 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 37 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 146 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 382573 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 381512 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 375782 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 342132 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 325057 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1807056 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 29 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 30 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 31 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 37 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 19 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 146 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00010 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00010 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1807056 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 382573 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 381512 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 375782 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 342132 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 325057 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1807056 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 382602 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 381542 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 375813 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 342169 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 325076 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1807202 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1939883 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1321610 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3261493 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 458061 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 240000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 240000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 6866 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 269828 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 276694 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 3690500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 12897 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CAPITAL ADVANCE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 382602 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2186749 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 458061 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3703397 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 382602 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 382602 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 458061 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS ENTERED INTO A MANAGMENT AGREEMENT WITH A MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS COMMON PRACTICE FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE RETURN IS PREPARD BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT COMPANY FOR INITIAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE MANAGEMENT COMPANY ARE ADDRESSED, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD OF DIRECTOR ARE ADDRESSED, THE FINAL APPROVED RETURN IS SIGNED MY THE DESIGNATED BOARD OFFICER AND FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPLIANCE IS MONITORED AT REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS AND AT OTHER TIMES, IF NEEDED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2359522 |
| IRS990/TotalAssetsEOYAmt | 0 | 2279743 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2359522 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2279743 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 59903 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 398158 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 458061 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3771115 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3766795 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3771115 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3766795 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -1411593 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1487052 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 398158 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 382536 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 29 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 382573 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 382602 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 9 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2359522 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2279743 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 53274 |
| IRS990/USAddress/CityNm | 0 | ATLANTA |
| IRS990/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/USAddress/ZIPCd | 0 | 30355 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SEUNGJUN STEPHEN LEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4048169770 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-07-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RAINBOW HEIGHTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RAIN |
| ReturnHeader/Filer/EIN | 0 | 900086217 |
| ReturnHeader/Filer/PhoneNum | 0 | 4048169770 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 53274 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30355 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.