Civic Intelligence

College Town Apartments

EIN 94-1665562 • 501(c)3 • Sacramento, CA

Profile

To provide low income housing to college students and their families.

2150 River Plaza Drive 120Sacramento, CA 95833

n/A

Siviq Scores

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

Liabilities / Assets

80th percentile

0.53x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.21x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

42nd percentile

2.3%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.8%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$6,195,648

Up $140,918 (+2.3%) from 2023

Liabilities

Down

$3,278,964

Down $163,631 (-4.8%) from 2023

Net Assets

Up

$2,916,684

Up $304,549 (+12%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin63rd percentile

Revenue

Up

$2,704,857

Up $22,585 (+0.8%) from 2023

Expenses

Down

$2,400,308

Down $270,472 (-10%) from 2023

Net Income

Up

$304,549

Up $293,057 (+2550%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,708,332Liabilities 2011: $5,088,407Net Assets 2011: $619,9252011Assets 2012: $5,676,009Liabilities 2012: $5,024,569Net Assets 2012: $651,4402012Assets 2013: $5,497,937Liabilities 2013: $4,999,278Net Assets 2013: $498,6592013Assets 2014: $5,461,655Liabilities 2014: $4,956,568Net Assets 2014: $505,0872014Assets 2015: $5,381,626Liabilities 2015: $4,905,933Net Assets 2015: $475,6932015Assets 2016: $5,418,717Liabilities 2016: $4,861,737Net Assets 2016: $556,9802016Assets 2017: $5,389,837Liabilities 2017: $4,755,901Net Assets 2017: $633,9362017Assets 2018: $5,662,338Liabilities 2018: $4,676,112Net Assets 2018: $986,2262018Assets 2019: $7,134,876Liabilities 2019: $4,581,606Net Assets 2019: $2,553,2702019Assets 2020: $6,844,978Liabilities 2020: $4,457,519Net Assets 2020: $2,387,4592020Assets 2021: $6,721,022Liabilities 2021: $4,173,940Net Assets 2021: $2,547,0822021Assets 2022: $6,190,732Liabilities 2022: $3,590,089Net Assets 2022: $2,600,6432022Assets 2023: $6,054,730Liabilities 2023: $3,442,595Net Assets 2023: $2,612,1352023Assets 2024: $6,195,648Liabilities 2024: $3,278,964Net Assets 2024: $2,916,6842024

Highlighted filing

2024

Assets$6,195,648
Liabilities$3,278,964
Net Assets$2,916,684
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,856,9492011Expenses 2012: $1,836,6462012Revenue 2013: $1,882,324Expenses 2013: $2,035,105Net Income 2013: -$152,7812013Revenue 2014: $1,913,330Expenses 2014: $1,906,902Net Income 2014: $6,4282014Revenue 2015: $1,970,090Expenses 2015: $1,999,484Net Income 2015: -$29,3942015Revenue 2016: $2,105,943Expenses 2016: $2,024,656Net Income 2016: $81,2872016Revenue 2017: $2,377,549Expenses 2017: $2,300,593Net Income 2017: $76,9562017Revenue 2018: $2,439,120Expenses 2018: $2,086,830Net Income 2018: $352,2902018Revenue 2019: $3,852,726Expenses 2019: $2,285,682Net Income 2019: $1,567,0442019Revenue 2020: $2,303,304Expenses 2020: $2,469,115Net Income 2020: -$165,8112020Revenue 2021: $2,502,439Expenses 2021: $2,342,816Net Income 2021: $159,6232021Revenue 2022: $2,509,478Expenses 2022: $2,455,917Net Income 2022: $53,5612022Revenue 2023: $2,682,272Expenses 2023: $2,670,780Net Income 2023: $11,4922023Revenue 2024: $2,704,857Expenses 2024: $2,400,308Net Income 2024: $304,5492024

Highlighted filing

2024

Revenue$2,704,857
Expenses$2,400,308
Net Income$304,549
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,195,648
Liabilities
$3,278,964
Net assets
$2,916,684
Revenue
$2,704,857
Expenses
$2,400,308
Net income
$304,549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$3.28$2.92$2.70$2.40$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.05$3.44$2.61$2.68$2.67$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.19$3.59$2.60$2.51$2.46$0.05
2021Detailed filing. Detailed filing data is available for this year.$6.72$4.17$2.55$2.50$2.34$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$4.46$2.39$2.30$2.47$0.17
2019Detailed filing. Detailed filing data is available for this year.$7.13$4.58$2.55$3.85$2.29$1.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.66$4.68$0.99$2.44$2.09$0.35
2017Detailed filing. Detailed filing data is available for this year.$5.39$4.76$0.63$2.38$2.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.42$4.86$0.56$2.11$2.02$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$4.91$0.48$1.97$2.00$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.46$4.96$0.51$1.91$1.91$0.01
2013Detailed filing. Detailed filing data is available for this year.$5.50$5.00$0.50$1.88$2.04$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$5.02$0.65$1.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$5.09$0.62$1.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,704,857
Mission and Program Overview

Mission

To provide low income housing to college students and their families.

To provide low-income housing to college students and their families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,834,747$1,654,904▼ $179,843
Cash and Non-Interest-Bearing Accounts$739,917$871,672▲ $131,755
Prepaid Expenses and Deferred Charges$127,294$127,606▲ $312
Accounts Receivable$731$731→ $0
Total Assets$6,054,730$6,195,648▲ $140,918
Other Assets Total$3,352,041$3,540,735▲ $188,694
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,081,086$2,945,202▼ $135,884
Escrow Account Liability$203,511$212,231▲ $8,720
Accounts Payable and Accrued Expenses$148,374$99,580▼ $48,794
Deferred Revenue$9,624$21,951▲ $12,327
Total Liabilities$3,442,595$3,278,964▼ $163,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,612,135$2,916,684▲ $304,549
Total Net Assets Fund Balance$2,612,135$2,916,684▲ $304,549
Total Liabilities and Net Assets / Fund Balance$6,054,730$6,195,648▲ $140,918

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$788,204$7,753,717$8,541,921
Equipment$353,314$1,140,029$1,493,343
Land$453,761-$453,761
Leasehold Improvements$59,625$23,654$83,279
Other Assets Org$1,957,612--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Doug PopePresident
Linda MartinVice President
Dawn CorneliusDirector
Tania NunezDirector (until 05/02/24)
John MelikianSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,615,157
Investment Income
$34,602
Other Revenue
$55,098
Change in Net Assets
$304,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,704,857
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$43,055
Total Revenue per Audited Statements
$2,747,912
Total Revenue per Form 990
$2,704,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,400,308
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
Occupancy$1,619,740--$1,619,740
Fees for Services Management$354,297$174,872-$529,169
Depreciation Depletion$179,843--$179,843
Office Expenses$34,867--$34,867
Fees for Services Accounting-$16,310-$16,310
Advertising$4,810--$4,810
Conferences and Meetings$4,106--$4,106
Other Expenses$1,534--$1,534
Insurance$533--$533
Total Functional Expenses$2,209,126$191,182$0$2,400,308

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,443,363
Expenses per Audited Statements$2,400,308
Total Expenses per Form 990$2,400,308
Expenses Not Reported on Form 990$43,055
Expenses Not Reported on Financial Statements$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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 is managed by the natoma company, an unrelated party. Pursuant to a management agreement approved by hud, the current management agreement provides for a management fee of 6% of monthly rental collections. Such fees charged to operations for the year ended december 31, 2024 were $174,872, all of which have been paid.”

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

“A complete copy of the form 990 is provided to all members of the board before it is finalized.”

Form 990, Part VI, Section B, Line 12C

“Directors, officers and key management employees are required to sign a conflict of interest statement that is circulated annually by the organization. If a conflict arises, the individual would be required to recuse his/herself from discussion and voting on the issue.”

Form 990, Part VI, Section C, Line 19

“Availability of organization's governing documents: governing documents and financial statements are available for public inspection by contacting the natoma company at 916-567-9500.”

Filing and Contact Details

Filer

Filer Name
College Town Apartments
EIN
94-1665562
Phone
9165679500
Address
2150 RIVER PLAZA DRIVE 120, SACRAMENTO, CA 95833

Signing Officer

Name
Doug Pope
Title
President
Phone
9165679500
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Pope
Formed
1969
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Cohnreznick Advisory LLC
Address
621 CAPITOL MALL SUITE 2150, SACRAMENTO, CA 95814
Preparer
Jolanta Tuck
Phone
9164429100
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The escrow liability amounts on form 990, part x, line 21 consist of tenant security deposits.”

PART X, LINE 2:

“The organization has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2024. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 2024 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the organization are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2021 remain open.”

Raw XML AppendixShowing 400 of 417 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/BOYAmt0148374
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt099580
IRS990/AccountsReceivableGrp/BOYAmt0731
IRS990/AccountsReceivableGrp/EOYAmt0731
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LOW-INCOME HOUSING TO COLLEGE STUDENTS AND THEIR FAMILIES
IRS990/AdvertisingGrp/ProgramServicesAmt04810
IRS990/AdvertisingGrp/TotalAmt04810
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0TRICIA GAIDUK
IRS990/BooksInCareOfDetail/PhoneNum09165679500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02150 RIVER PLAZA DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SACRAMENTO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095833
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0739917
IRS990/CashNonInterestBearingGrp/EOYAmt0871672
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04106
IRS990/ConferencesMeetingsGrp/TotalAmt04106
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt034602
IRS990/CYOtherExpensesAmt02400308
IRS990/CYOtherRevenueAmt055098
IRS990/CYProgramServiceRevenueAmt02615157
IRS990/CYRevenuesLessExpensesAmt0304549
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02400308
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02704857
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt09624
IRS990/DeferredRevenueGrp/EOYAmt021951
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0179843
IRS990/DepreciationDepletionGrp/TotalAmt0179843
IRS990/Desc0LOW-INCOME HOUSING FOR COLLEGE STUDENTS AND THEIR FAMILIES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0203511
IRS990/EscrowAccountLiabilityGrp/EOYAmt0212231
IRS990/ExpenseAmt02209126
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016310
IRS990/FeesForServicesAccountingGrp/TotalAmt016310
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0174872
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0354297
IRS990/FeesForServicesManagementGrp/TotalAmt0529169
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUG POPE
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDA MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN MELIKIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAWN CORNELIUS
IRS990/Form990PartVIISectionAGrp/PersonNm4TANIA NUNEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (UNTIL 05/02/24)
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02704857
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/IRPDocumentW2GCnt00
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IRS990/OccupancyGrp/TotalAmt01619740
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IRS990/OfficeExpensesGrp/TotalAmt034867
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03352041
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1MISC. TAXES, LICENSES,
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IRS990/OtherExpensesGrp/TotalAmt11534
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IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055098
IRS990/OtherRevenueTotalAmt055098
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0127294
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IRS990/PrincipalOfficerNm0DOUG POPE
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02603801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17070
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02603801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24286
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt038307
IRS990/PYOtherExpensesAmt02670780
IRS990/PYOtherRevenueAmt044913
IRS990/PYProgramServiceRevenueAmt02599052
IRS990/PYRevenuesLessExpensesAmt011492
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02670780
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02682272
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0304549
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02670255
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING MISC REVENUE - 2020 AMOUNT: $ 28,024. 2021 AMOUNT: $ 43,987. 2022 AMOUNT: $ 53,432. 2023 AMOUNT: $ 44,913. 2024 AMOUNT: $ 55,098.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt057466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt057466
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034602
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt038307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05989
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt013536
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021573
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114007
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02615157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02599052
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02450057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02387450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02253707
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012305423
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034602
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt038307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05989
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt013536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021573
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114007
IRS990ScheduleA/InvestmentIncomeCYPct00.00900
IRS990ScheduleA/InvestmentIncomePYPct00.00880
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt055098
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt044913
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt053432
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt043987
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt028024
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0225454
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97330
IRS990ScheduleA/PublicSupportPY509Pct00.87400
IRS990ScheduleA/PublicSupportTotal509Amt012362889
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02615157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02599052
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02450057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02444916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02253707
IRS990ScheduleA/Total509Grp/TotalAmt012362889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02704857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02682272
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02509478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02502439
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02303304
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012702350
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0788204
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07753717
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08541921
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt043055
IRS990ScheduleD/DonatedServicesUseFcltsAmt043055
IRS990ScheduleD/EquipmentGrp/BookValueAmt0353314
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01140029
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01493343
IRS990ScheduleD/ExpensesNotReportedAmt043055
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02400308
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0453761
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0453761
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt059625
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023654
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083279
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0197755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11172417
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2212951
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31957612
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/RevenueNotReportedAmt043055
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02704857
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01654904
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03540735
IRS990ScheduleD/TotalExpensesPerForm990Amt02400308
IRS990ScheduleD/TotalRevenuePerForm990Amt02704857
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02747912
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02443363
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY THE NATOMA COMPANY, AN UNRELATED PARTY. PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD, THE CURRENT MANAGEMENT AGREEMENT PROVIDES FOR A MANAGEMENT FEE OF 6% OF MONTHLY RENTAL COLLECTIONS. SUCH FEES CHARGED TO OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2024 WERE $174,872, ALL OF WHICH HAVE BEEN PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD BEFORE IT IS FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS, OFFICERS AND KEY MANAGEMENT EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT THAT IS CIRCULATED ANNUALLY BY THE ORGANIZATION. IF A CONFLICT ARISES, THE INDIVIDUAL WOULD BE REQUIRED TO RECUSE HIS/HERSELF FROM DISCUSSION AND VOTING ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABILITY OF ORGANIZATION'S GOVERNING DOCUMENTS: GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION BY CONTACTING THE NATOMA COMPANY AT 916-567-9500.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06054730
IRS990/TotalAssetsEOYAmt06195648
IRS990/TotalAssetsGrp/BOYAmt06054730
IRS990/TotalAssetsGrp/EOYAmt06195648
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0191182
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02209126
IRS990/TotalFunctionalExpensesGrp/TotalAmt02400308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03442595
IRS990/TotalLiabilitiesEOYAmt03278964
IRS990/TotalLiabilitiesGrp/BOYAmt03442595
IRS990/TotalLiabilitiesGrp/EOYAmt03278964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02612135
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02916684
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02209126
IRS990/TotalProgramServiceRevenueAmt02615157
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt034602
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02670255
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02704857
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06054730
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06195648
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02150 RIVER PLAZA DRIVE 120
IRS990/USAddress/CityNm0SACRAMENTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095833
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG POPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09165679500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLLEGE TOWN APARTMENTS
ReturnHeader/Filer/BusinessNameControlTxt0COLL
ReturnHeader/Filer/EIN0941665562
ReturnHeader/Filer/PhoneNum09165679500
ReturnHeader/Filer/USAddress/AddressLine1Txt02150 RIVER PLAZA DRIVE 120
ReturnHeader/Filer/USAddress/CityNm0SACRAMENTO

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