Civic Intelligence

Pacific Villa Housing Development Council

990 • Fiscal year 2014 • EIN 91-1703772

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 10, 2015

121 East 96th StreetTacoma, WA 98445

(253) 535-4202

Siviq Scores

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

Liabilities / Assets

97th percentile

1.54x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

8.31x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

22nd percentile

-4.4%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Flat

$1,116,853

Flat from 2014

Net Assets

Flat

-$606,705

Flat from 2014

Liabilities

Flat

$1,723,558

Flat from 2014

Revenue

Flat

$207,331

Flat from 2014

Expenses

Flat

$264,264

Flat from 2014

Net Income

Flat

-$56,933

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2012: $1,254,152Liabilities 2012: $1,708,853Net Assets 2012: -$454,7012012Assets 2013: $1,168,120Liabilities 2013: $1,717,892Net Assets 2013: -$549,7722013Assets 2014: $1,116,853Liabilities 2014: $1,723,558Net Assets 2014: -$606,7052014Assets 2014: $1,116,853Liabilities 2014: $1,723,558Net Assets 2014: -$606,7052014Assets 2015: $1,143,945Liabilities 2015: $1,738,836Net Assets 2015: -$594,8912015Assets 2016: $1,138,017Liabilities 2016: $1,708,876Net Assets 2016: -$570,8592016Assets 2017: $1,185,012Liabilities 2017: $1,736,669Net Assets 2017: -$551,6572017Assets 2018: $1,207,709Liabilities 2018: $1,726,129Net Assets 2018: -$518,4202018Assets 2019: $1,166,852Liabilities 2019: $1,707,023Net Assets 2019: -$540,1712019Assets 2020: $1,152,780Liabilities 2020: $1,711,206Net Assets 2020: -$558,4262020Assets 2021: $1,135,670Liabilities 2021: $1,728,030Net Assets 2021: -$592,3602021Assets 2022: $1,128,229Liabilities 2022: $1,714,703Net Assets 2022: -$586,4742022Assets 2023: $1,099,086Liabilities 2023: $1,716,047Net Assets 2023: -$616,9612023Assets 2024: $1,071,392Liabilities 2024: $1,760,656Net Assets 2024: -$689,2642024

Highlighted filing

2014

Assets$1,116,853
Liabilities$1,723,558
Net Assets-$606,705

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $238,9872012Revenue 2013: $178,800Expenses 2013: $230,966Net Income 2013: -$52,1662013Revenue 2014: $207,331Expenses 2014: $264,264Net Income 2014: -$56,9332014Revenue 2014: $207,331Expenses 2014: $264,264Net Income 2014: -$56,9332014Revenue 2015: $276,012Expenses 2015: $264,198Net Income 2015: $11,8142015Revenue 2016: $308,556Expenses 2016: $284,524Net Income 2016: $24,0322016Revenue 2017: $308,190Expenses 2017: $288,988Net Income 2017: $19,2022017Revenue 2018: $308,651Expenses 2018: $275,414Net Income 2018: $33,2372018Revenue 2019: $308,751Expenses 2019: $330,502Net Income 2019: -$21,7512019Revenue 2020: $307,932Expenses 2020: $326,187Net Income 2020: -$18,2552020Revenue 2021: $324,878Expenses 2021: $358,812Net Income 2021: -$33,9342021Revenue 2022: $351,726Expenses 2022: $345,840Net Income 2022: $5,8862022Revenue 2023: $367,407Expenses 2023: $397,894Net Income 2023: -$30,4872023Revenue 2024: $372,425Expenses 2024: $444,728Net Income 2024: -$72,3032024

Highlighted filing

2014

Revenue$207,331
Expenses$264,264
Net Income-$56,933
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 10, 2015
Return Version
2014v5.0
Gross Receipts
$207,331
Mission and Program Overview

Mission

To provide low income housing to elderly/handicapped persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,099,460$1,054,253▼ $45,207
Cash and Non-Interest-Bearing Accounts$5,572$3,691▼ $1,881
Accounts Receivable-$218-
Total Assets$1,168,120$1,116,853▼ $51,267
Other Assets Total$63,088$58,691▼ $4,397
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,696,000$1,696,000→ $0
Accounts Payable and Accrued Expenses$12,739$17,986▲ $5,247
Other Liabilities$9,153$9,572▲ $419
Total Liabilities$1,717,892$1,723,558▲ $5,666
Net Assets / Fund Balance
Unrestricted Net Assets$-549,772$-606,705▼ $56,933
Total Net Assets Fund Balance$-549,772$-606,705▼ $56,933
Total Liabilities and Net Assets / Fund Balance$1,168,120$1,116,853▼ $51,267

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$953,777$715,691$1,669,468
Land$100,000-$100,000
Other Land Buildings$476$64,551$65,027
Other Assets Org$2,985--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maria HwangPresident
Sulja WarnickDirector
Dori SynnSecretary
Sugin CrowTreasurer
Jennie LeeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$207,172
Investment Income
$159
Other Revenue
$0
Change in Net Assets
$-56,933

Audited Revenue Reconciliation

Revenue per Audited Statements
$207,331
Total Revenue per Audited Statements
$207,331
Total Revenue per Form 990
$207,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,321
Salaries, Compensation, and Employee Benefits$52,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$46,935--$46,935
Other Salaries and Wages$38,561--$38,561
Insurance$20,100--$20,100
Fees for Services Management-$15,128-$15,128
Other Employee Benefits$8,551--$8,551
Payroll Taxes$5,831--$5,831
Fees for Services Accounting$4,500--$4,500
Office Expenses$3,888--$3,888
Other Expenses$1,852--$1,852
All Other Expenses$1,342--$1,342
Fees for Services Other$1,050--$1,050
Conferences and Meetings$888--$888
Advertising$694--$694
Travel$477--$477
Total Functional Expenses$249,136$15,128$0$264,264

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$264,264
Total Expenses per Audited Statements$264,264
Total Expenses per Form 990$264,264
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
Security Deposit Liability$4,673
Residual Liability$4,381
Prepaid Rent$518
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, Page 6, Part VI, Line 3

Quantum management services performs activities relating to day to day management duties.

Form 990, Page 6, Part VI, Line 8B

The organization is not large enough to have committee with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Discussed and reviewed at board meetings.

Form 990, Page 6, Part VI, Line 19

Copies are filed with omb and available upon request.

Filing and Contact Details

Filer

Filer Name
Pacific Villa Housing Development
EIN
91-1703772
Phone
2535354202
Address
121 EAST 96TH STREET, TACOMA, WA 98445

Signing Officer

Name
Maria Hwang
Title
President
Phone
2535354202
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Hwang
Formed
1995
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
5

Preparer

Firm
LOVERIDGE HUNT & CO CPA'S
Address
14725 SE 36TH ST STE 401, BELLEVUE, WA 98006-1682
Preparer
Dan Shao
Phone
4254532088
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IRS990ScheduleA/Total509Grp/TotalAmt0868900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0207331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0178800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0119816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0184573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0179151
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0869671
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0953777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0715691
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01669468
IRS990ScheduleD/ExpensesSubtotalAmt0264264
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051033
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14673
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22985
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MORGAGE ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPT RESERVES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0476
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt064551
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2518
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RESIDUAL LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/RevenueSubtotalAmt0207331
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01054253
IRS990ScheduleD/TotalBookValueOtherAssetsAmt058691
IRS990ScheduleD/TotalExpensesPerForm990Amt0264264
IRS990ScheduleD/TotalLiabilityAmt09572
IRS990ScheduleD/TotalRevenuePerForm990Amt0207331
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0207331
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0264264
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0QUANTUM MANAGEMENT SERVICES PERFORMS ACTIVITIES RELATING TO DAY TO DAY MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS NOT LARGE ENOUGH TO HAVE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AND REVIEWED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES ARE FILED WITH OMB AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0KWA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KOREAN WOMEN'S ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1INTERNATIONAL PLACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0911066806
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1202304455
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFOR. HOU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0121 EAST 96TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11701 E 44TH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TACOMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1TACOMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098445
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd198404
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01168120
IRS990/TotalAssetsEOYAmt01116853
IRS990/TotalAssetsGrp/BOYAmt01168120
IRS990/TotalAssetsGrp/EOYAmt01116853
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015128
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249136
IRS990/TotalFunctionalExpensesGrp/TotalAmt0264264
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01717892
IRS990/TotalLiabilitiesEOYAmt01723558
IRS990/TotalLiabilitiesGrp/BOYAmt01717892
IRS990/TotalLiabilitiesGrp/EOYAmt01723558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-549772
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-606705
IRS990/TotalProgramServiceExpensesAmt0249136
IRS990/TotalProgramServiceRevenueAmt0207172
IRS990/TotalRevenueGrp/ExclusionAmt0159
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0207172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0207331
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01168120
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01116853
IRS990/TravelGrp/ProgramServicesAmt0477
IRS990/TravelGrp/TotalAmt0477
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-549772
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-606705
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0121 EAST 96TH STREET
IRS990/USAddress/CityNm0TACOMA
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098445

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.76$0.69$0.37$0.44$0.07
2023Summary only. Only limited summary data is available for this year.$1.10$1.72$0.62$0.37$0.40$0.03
2022Summary only. Only limited summary data is available for this year.$1.13$1.71$0.59$0.35$0.35$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$1.73$0.59$0.32$0.36$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$1.71$0.56$0.31$0.33$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$1.71$0.54$0.31$0.33$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$1.73$0.52$0.31$0.28$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$1.74$0.55$0.31$0.29$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$1.71$0.57$0.31$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.14$1.74$0.59$0.28$0.26$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.12$1.72$0.61$0.21$0.26$0.06
2014Summary only. Only limited summary data is available for this year.$1.12$1.72$0.61$0.21$0.26$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.17$1.72$0.55$0.18$0.23$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$1.71$0.45$0.24