Civic Intelligence

Ocean View Foundation DBA Ocean View Plaza

990 • Fiscal year 2016 • EIN 94-1665936

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 01, 2017

Organization ProfileWWW.LESLEYFOUNDATION.ORG
701 Arnold WayHalf Moon Bay, CA 94019

(650) 726-4888

Siviq Scores

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

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

30.29x

Higher debt load relative to revenue than 99% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

9th percentile

-37%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$171,974

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 69.3% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

98th percentile

217%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-14%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$7,597,541

Up $5,198,488 (+217%) from 2015

Net Assets

Down

$77,602

Down $91,339 (-54%) from 2015

Liabilities

Up

$7,519,939

Up $5,289,827 (+237%) from 2015

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$248,259

Down $40,192 (-14%) from 2015

Expenses

Down

$339,598

Down $33,293 (-8.9%) from 2015

Net Income

Down

-$91,339

Down $6,899 (-8.2%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $518,389Liabilities 2010: $178,453Net Assets 2010: $339,9362010Assets 2011: $516,241Liabilities 2011: $168,604Net Assets 2011: $347,6372011Assets 2012: $518,642Liabilities 2012: $181,119Net Assets 2012: $337,5232012Assets 2013: $484,924Liabilities 2013: $218,001Net Assets 2013: $266,9232013Assets 2014: $707,472Liabilities 2014: $454,091Net Assets 2014: $253,3812014Assets 2015: $2,399,053Liabilities 2015: $2,230,112Net Assets 2015: $168,9412015Assets 2016: $7,597,541Liabilities 2016: $7,519,939Net Assets 2016: $77,6022016Assets 2017: $9,880,191Liabilities 2017: $9,901,415Net Assets 2017: -$21,2242017Assets 2018: $9,474,838Liabilities 2018: $9,617,906Net Assets 2018: -$143,0682018Assets 2019: $9,117,799Liabilities 2019: $9,452,591Net Assets 2019: -$334,7922019Assets 2020: $8,890,007Liabilities 2020: $9,304,145Net Assets 2020: -$414,1382020Assets 2021: $8,971,988Liabilities 2021: $9,211,371Net Assets 2021: -$239,3832021Assets 2022: $8,865,948Liabilities 2022: $8,964,038Net Assets 2022: -$98,0902022Assets 2023: $8,749,091Liabilities 2023: $8,711,127Net Assets 2023: $37,9642023Assets 2024: $8,512,549Liabilities 2024: $8,292,323Net Assets 2024: $220,2262024

Highlighted filing

2016

Assets$7,597,541
Liabilities$7,519,939
Net Assets$77,602
Open 2016 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $276,354Expenses 2010: $224,098Net Income 2010: $52,2562010Revenue 2011: $277,386Expenses 2011: $269,685Net Income 2011: $7,7012011Revenue 2012: $289,552Expenses 2012: $299,666Net Income 2012: -$10,1142012Revenue 2013: $289,420Expenses 2013: $360,020Net Income 2013: -$70,6002013Revenue 2014: $304,212Expenses 2014: $317,754Net Income 2014: -$13,5422014Revenue 2015: $288,451Expenses 2015: $372,891Net Income 2015: -$84,4402015Revenue 2016: $248,259Expenses 2016: $339,598Net Income 2016: -$91,3392016Revenue 2017: $827,685Expenses 2017: $1,105,320Net Income 2017: -$277,6352017Revenue 2018: $931,675Expenses 2018: $1,053,519Net Income 2018: -$121,8442018Revenue 2019: $936,293Expenses 2019: $1,128,017Net Income 2019: -$191,7242019Revenue 2020: $1,061,719Expenses 2020: $1,141,065Net Income 2020: -$79,3462020Revenue 2021: $1,379,588Expenses 2021: $1,204,833Net Income 2021: $174,7552021Revenue 2022: $1,412,276Expenses 2022: $1,270,983Net Income 2022: $141,2932022Revenue 2023: $1,457,282Expenses 2023: $1,321,228Net Income 2023: $136,0542023Revenue 2024: $1,481,415Expenses 2024: $1,299,153Net Income 2024: $182,2622024

Highlighted filing

2016

Revenue$248,259
Expenses$339,598
Net Income-$91,339
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 1, 2017
Return Version
2016v3.0
Gross Receipts
$248,259
Mission and Program Overview

Mission

The organization's mission is to provide quality, affordable housing for senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$196,642$175,143▼ $21,499
Accounts Receivable$36,302$31,009▼ $5,293
Cash and Non-Interest-Bearing Accounts$90,003$20,553▼ $69,450
Prepaid Expenses and Deferred Charges$21,455$18,579▼ $2,876
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,399,053$7,597,541▲ $5,198,488
Other Assets Total$2,054,651$7,352,257▲ $5,297,606
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,817,445$6,610,427▲ $4,792,982
Accounts Payable and Accrued Expenses$204,344$699,979▲ $495,635
Deferred Revenue$199,757$199,757→ $0
Other Liabilities$8,566$9,776▲ $1,210
Total Liabilities$2,230,112$7,519,939▲ $5,289,827
Net Assets / Fund Balance
Unrestricted Net Assets$168,941$77,602▼ $91,339
Total Net Assets Fund Balance$168,941$77,602▼ $91,339
Total Liabilities and Net Assets / Fund Balance$2,399,053$7,597,541▲ $5,198,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$120,440$810,480$930,920
Equipment$3,238$63,462$66,700
Land$51,465-$51,465
Other Assets Org$6,892,796--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleOtherTotal
Catherine EvansDirector of Oper.$134,543$134,543

Board Members and Trustees

NameTitle
Barbara EversPresident
Sue WinksVice President
Sarah CarringtonExecutive Director
Naomi PatridgeMember
Sandy CouncilMember
Linda AvelarSecretary
George MetropulosTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bbi ConstructionConstruction1155 THIRD STREET 230, Oakland, CA 94607$4,620,985
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$247,653
Investment Income
$550
Other Revenue
$56
Change in Net Assets
$-91,339

Audited Revenue Reconciliation

Revenue per Audited Statements
$248,259
Revenue Not Reported on Form 990
$6,960
Total Revenue per Audited Statements
$255,219
Total Revenue per Form 990
$248,259
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,633
Salaries, Compensation, and Employee Benefits$151,965
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,632$60,555-$98,187
Occupancy$53,779--$53,779
Other Employee Benefits$17,627$28,759-$46,386
Fees for Services Management-$33,000-$33,000
Depreciation Depletion$21,499--$21,499
Fees for Services Accounting-$17,130-$17,130
Insurance$16,777--$16,777
Office Expenses-$9,789-$9,789
Fees for Services Other-$8,825-$8,825
Payroll Taxes$2,809$4,583-$7,392
All Other Expenses$3,983$917-$4,900
Other Expenses$2,823--$2,823
Advertising-$477-$477
Total Functional Expenses$175,563$164,035$0$339,598

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$346,558
Expenses per Audited Statements$339,598
Total Expenses per Form 990$339,598
Expenses Not Reported on Form 990$6,960
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$9,776
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of the form is distributed to the board of directors for approval prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Organization receives signed document from members that certifies no conflicts of interest occurred.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Organization has a policy that requires the analysis of compensation of the Executive Director on at least an annual basis. The salary shall be compared to equivalent organizations based on mission, budget size, job description and demands, or other factors specified by the Board of Directors. Based on the analysis, the Board shall conclude on whether the Executive Director's compensation is appropriate. Such analysis shall be documented and filed in the Corporation's records.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The financial statements, governing documents, and policies are all available upon request.”

Filing and Contact Details

Filer

Filer Name
Ocean View Foundation
EIN
94-1665936
Phone
6507264888
Address
701 ARNOLD WAY, HALF MOON BAY, CA 94019

Signing Officer

Name
Catherine Evans
Title
Director of Oper.
Signed
2017-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Evans
Formed
1968
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Doran & Associates
Address
55 MITCHELL BOULEVARD STE 3, SAN RAFAEL, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

PART I, LINE 5, Part V, Lines 1 & 2, & PART IX, LINES 7, 9, 10

“THE OCEAN VIEW FOUNDATION UTILIZES THE contractors and STAFF OF A RELATED PARTY, THE LESLEY FOUNDATION. ON AN ONGOING BASIS, THE OCEAN VIEW FOUNDATION REIMBURSES THE LESLEY FOUNDATION FOR contractor payments and staff PAYROLL AND BENEFIT COSTS. ALL REQUIRED PAYROLL TAX REMITTANCE AND REPORTING IS PERFORMED BY THE LESLEY FOUNDATION.”

Financial Statement Notes

Part X : FIN48 Footnote

“ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and have measured the Corporation's exposure to those tax positions. Management believes that the Corporation 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 Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE QUALITY, AFFORDABLE HOUSING FOR SENIOR CITIZENS.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06610427
IRS990/NetAssetsOrFundBalancesBOYAmt0168941
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/TotalAmt053779
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09789
IRS990/OfficeExpensesGrp/TotalAmt09789
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt02054651
IRS990/OtherAssetsTotalGrp/EOYAmt07352257
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028759
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017627
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046386
IRS990/OtherExpensesGrp/Desc0CABLE TV
IRS990/OtherExpensesGrp/Desc1MORTGAGE INSURANCE PREMIUM
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt08998
IRS990/OtherExpensesGrp/ProgramServicesAmt16675
IRS990/OtherExpensesGrp/ProgramServicesAmt22961
IRS990/OtherExpensesGrp/ProgramServicesAmt32823
IRS990/OtherExpensesGrp/TotalAmt08998
IRS990/OtherExpensesGrp/TotalAmt16675
IRS990/OtherExpensesGrp/TotalAmt22961
IRS990/OtherExpensesGrp/TotalAmt32823
IRS990/OtherLiabilitiesGrp/BOYAmt08566
IRS990/OtherLiabilitiesGrp/EOYAmt09776
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt056
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt056
IRS990/OtherRevenueTotalAmt056
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060555
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037632
IRS990/OtherSalariesAndWagesGrp/TotalAmt098187
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04583
IRS990/PayrollTaxesGrp/ProgramServicesAmt02809
IRS990/PayrollTaxesGrp/TotalAmt07392
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021455
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018579
IRS990/PrincipalOfficerNm0CATHERINE EVANS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0247653
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0247653
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-1977
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0217139
IRS990/PYOtherRevenueAmt01955
IRS990/PYProgramServiceRevenueAmt0288473
IRS990/PYRevenuesLessExpensesAmt0-84440
IRS990/PYSalariesCompEmpBnftPaidAmt0155752
IRS990/PYTotalExpensesAmt0372891
IRS990/PYTotalRevenueAmt0288451
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-91339
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0247653
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-1977
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0233
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0247653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0288473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0302878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0289057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0289350
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01417411
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-1977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0202
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0233
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt01417411
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0288473
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0302878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0289057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0289350
IRS990ScheduleA/Total509Grp/TotalAmt01417411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0248203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0286496
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0304212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0289181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0289552
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01417644
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0120440
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0810480
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0930920
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt06960
IRS990ScheduleD/DonatedServicesUseFcltsAmt06960
IRS990ScheduleD/EquipmentGrp/BookValueAmt03238
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063462
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066700
IRS990ScheduleD/ExpensesNotReportedAmt06960
IRS990ScheduleD/ExpensesSubtotalAmt0339598
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt051465
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051465
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0273400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1176167
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt39776
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt46892796
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4WORK IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09776
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt06960
IRS990ScheduleD/RevenueSubtotalAmt0248259
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and have measured the Corporation's exposure to those tax positions. Management believes that the Corporation 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 Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0175143
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07352257
IRS990ScheduleD/TotalExpensesPerForm990Amt0339598
IRS990ScheduleD/TotalLiabilityAmt09776
IRS990ScheduleD/TotalRevenuePerForm990Amt0248259

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,597,541
Liabilities
$7,519,939
Net assets
$77,602
Revenue
$248,259
Expenses
$339,598
Net income
-$91,339
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.51$8.29$0.22$1.48$1.30$0.18
2023Detailed filing. Detailed filing data is available for this year.$8.75$8.71$0.04$1.46$1.32$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.87$8.96$0.10$1.41$1.27$0.14
2021Detailed filing. Detailed filing data is available for this year.$8.97$9.21$0.24$1.38$1.20$0.17
2020Detailed filing. Detailed filing data is available for this year.$8.89$9.30$0.41$1.06$1.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.12$9.45$0.33$0.94$1.13$0.19
2018Detailed filing. Detailed filing data is available for this year.$9.47$9.62$0.14$0.93$1.05$0.12
2017Detailed filing. Detailed filing data is available for this year.$9.88$9.90$0.02$0.83$1.11$0.28
2016Detailed filing. Detailed filing data is available for this year.$7.60$7.52$0.08$0.25$0.34$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.40$2.23$0.17$0.29$0.37$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.45$0.25$0.30$0.32$0.01
2013Summary only. Only limited summary data is available for this year.$0.48$0.22$0.27$0.29$0.36$0.07
2012Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.29$0.30$0.01
2011Summary only. Only limited summary data is available for this year.$0.52$0.17$0.35$0.28$0.27$0.01
2010Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.28$0.22$0.05