Civic Intelligence

Lone Pine Economic Development Corporation and Trust

990 • Fiscal year 2014 • EIN 95-3661244

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 01, 2015

Organization ProfileN/A
P O Box 1227Lone Pine, CA 93545

(760) 920-2547

Siviq Scores

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

Liabilities / Assets

98th percentile

1.98x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

7.09x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

20th percentile

-7.1%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

1.7%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$869,831

Down $66,658 (-7.1%) from 2013

Net Assets

Down

-$856,439

Down $62,411 (-7.9%) from 2013

Liabilities

Down

$1,726,270

Down $4,247 (-0.2%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin11th percentile

Revenue

Up

$243,458

Up $3,973 (+1.7%) from 2013

Expenses

Up

$305,869

Up $42,531 (+16%) from 2013

Net Income

Down

-$62,411

Down $38,558 (-162%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,043,147Liabilities 2011: $1,746,192Net Assets 2011: -$703,0452011Assets 2012: $976,493Liabilities 2012: $1,737,192Net Assets 2012: -$760,6992012Assets 2013: $936,489Liabilities 2013: $1,730,517Net Assets 2013: -$794,0282013Assets 2014: $869,831Liabilities 2014: $1,726,270Net Assets 2014: -$856,4392014Assets 2015: $811,452Liabilities 2015: $1,714,770Net Assets 2015: -$903,3182015Assets 2016: $725,381Liabilities 2016: $1,703,933Net Assets 2016: -$978,5522016Assets 2017: $670,209Liabilities 2017: $1,692,878Net Assets 2017: -$1,022,6692017Assets 2018: $624,625Liabilities 2018: $1,683,363Net Assets 2018: -$1,058,7382018Assets 2019: $601,186Liabilities 2019: $1,678,557Net Assets 2019: -$1,077,3712019Assets 2020: $589,898Liabilities 2020: $1,678,505Net Assets 2020: -$1,088,6072020Assets 2021: $563,878Liabilities 2021: $1,674,683Net Assets 2021: -$1,110,8052021Assets 2022: $507,488Liabilities 2022: $1,651,977Net Assets 2022: -$1,144,4892022Assets 2023: $453,254Liabilities 2023: $1,607,342Net Assets 2023: -$1,154,0882023Assets 2024: $464,466Liabilities 2024: $1,590,443Net Assets 2024: -$1,125,9772024

Highlighted filing

2014

Assets$869,831
Liabilities$1,726,270
Net Assets-$856,439
Open 2014 Filing

Operations Trend

Revenue Growth44th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $229,228Expenses 2011: $280,679Net Income 2011: -$51,4512011Revenue 2012: $239,274Expenses 2012: $296,928Net Income 2012: -$57,6542012Revenue 2013: $239,485Expenses 2013: $263,338Net Income 2013: -$23,8532013Revenue 2014: $243,458Expenses 2014: $305,869Net Income 2014: -$62,4112014Revenue 2015: $221,474Expenses 2015: $268,353Net Income 2015: -$46,8792015Revenue 2016: $236,394Expenses 2016: $311,628Net Income 2016: -$75,2342016Revenue 2017: $246,356Expenses 2017: $290,473Net Income 2017: -$44,1172017Revenue 2018: $257,841Expenses 2018: $293,910Net Income 2018: -$36,0692018Revenue 2019: $264,961Expenses 2019: $283,594Net Income 2019: -$18,6332019Revenue 2020: $279,703Expenses 2020: $290,939Net Income 2020: -$11,2362020Revenue 2021: $279,081Expenses 2021: $301,279Net Income 2021: -$22,1982021Revenue 2022: $297,303Expenses 2022: $330,987Net Income 2022: -$33,6842022Revenue 2023: $304,614Expenses 2023: $314,213Net Income 2023: -$9,5992023Revenue 2024: $433,712Expenses 2024: $405,601Net Income 2024: $28,1112024

Highlighted filing

2014

Revenue$243,458
Expenses$305,869
Net Income-$62,411
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 1, 2015
Return Version
2014v5.0
Gross Receipts
$243,458
Mission and Program Overview

Mission

Provide affordable housing to low income families in Inyo County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$663,276$600,296▼ $62,980
Savings and Temporary Cash Investments$229,063$214,146▼ $14,917
Cash and Non-Interest-Bearing Accounts$35,880$41,519▲ $5,639
Accounts Receivable$3,220$8,712▲ $5,492
Prepaid Expenses and Deferred Charges$5,050$5,158▲ $108
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$936,489$869,831▼ $66,658
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,694,330$1,685,653▼ $8,677
Other Liabilities$34,000$33,411▼ $589
Accounts Payable and Accrued Expenses$2,121$6,397▲ $4,276
Deferred Revenue$66$809▲ $743
Total Liabilities$1,730,517$1,726,270▼ $4,247
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$174,574-
Unrestricted Net Assets$-794,028$-1,031,013▼ $236,985
Total Net Assets Fund Balance$-794,028$-856,439▼ $62,411
Total Liabilities and Net Assets / Fund Balance$936,489$869,831▼ $66,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$370,217$947,259$1,317,476
Leasehold Improvements$103,758$211,143$314,901
Equipment$25,341$116,430$141,771
Land$100,980-$100,980
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ed NiehausPresident
Charles JamesTrustee
Ruth WhitmanTrustee
Doug ThompsonCEO
Beth NiehausSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$243,175
Investment Income
$283
Other Revenue
$0
Change in Net Assets
$-62,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$243,458
Total Revenue per Audited Statements
$243,458
Total Revenue per Form 990
$243,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,247
Salaries, Compensation, and Employee Benefits$68,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$58,664$14,666-$73,330
Other Salaries and Wages$41,036$10,259-$51,295
Interest$28,543$7,136-$35,679
Fees for Services Management$22,441$5,610-$28,051
Insurance$12,548$3,137-$15,685
Other Employee Benefits$9,928$2,482-$12,410
Office Expenses$5,512$1,378-$6,890
Payroll Taxes$3,934$983-$4,917
Fees for Services Accounting$2,920$730-$3,650
Other Expenses$1,058$265-$1,323
Total Functional Expenses$244,695$61,174$0$305,869

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$305,869
Total Expenses per Audited Statements$305,869
Total Expenses per Form 990$305,869
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
Asset management fee$18,000
Security deposit payable$15,411
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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
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
No

Governance Explanations

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

“No review was or will be conducted.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Lone Pine Economic Development
EIN
95-3661244
Phone
7609202547
Address
P O Box 1227, Lone Pine, CA 93545

Signing Officer

Name
Doug Thompson
Title
CEO
Signed
2015-09-01
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
4

Preparer

Firm
Hudson Henderson & Company LLP
Address
55 Shaw Ave Suite 101, Clovis, CA 93612
Preparer
Brian Henderson
Phone
5593224400
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year ending December 31, 2014 and 2013.”

Raw XML AppendixShowing 400 of 432 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02121
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06397
IRS990/AccountsReceivableGrp/BOYAmt03220
IRS990/AccountsReceivableGrp/EOYAmt08712
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide affordable housing to low income families in Inyo County.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Doug Thompson
IRS990/BooksInCareOfDetail/PhoneNum07609202178
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1227
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lone Pine
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093545
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt035880
IRS990/CashNonInterestBearingGrp/EOYAmt041519
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0283
IRS990/CYOtherExpensesAmt0237247
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0243175
IRS990/CYRevenuesLessExpensesAmt0-62411
IRS990/CYSalariesCompEmpBnftPaidAmt068622
IRS990/CYTotalExpensesAmt0305869
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0243458
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt066
IRS990/DeferredRevenueGrp/EOYAmt0809
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014666
IRS990/DepreciationDepletionGrp/ProgramServicesAmt058664
IRS990/DepreciationDepletionGrp/TotalAmt073330
IRS990/Desc0To provide low-income rental housing to income eligible persons residing in Inyo County as non-profit owner of a 34 unit apartment complex located in Lone Pine CA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0244695
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0730
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02920
IRS990/FeesForServicesAccountingGrp/TotalAmt03650
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05610
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt022441
IRS990/FeesForServicesManagementGrp/TotalAmt028051
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Ed Niehaus
IRS990/Form990PartVIISectionAGrp/PersonNm1Doug Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles James
IRS990/Form990PartVIISectionAGrp/PersonNm3Ruth Whitman
IRS990/Form990PartVIISectionAGrp/PersonNm4Beth Niehaus
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/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0243458
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03137
IRS990/InsuranceGrp/ProgramServicesAmt012548
IRS990/InsuranceGrp/TotalAmt015685
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt07136
IRS990/InterestGrp/ProgramServicesAmt028543
IRS990/InterestGrp/TotalAmt035679
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0283
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0283
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01274832
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0663276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0600296
IRS990/LandBldgEquipCostOrOtherBssAmt01875128
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Provide affordable housing to low income families in Inyo County.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01694330
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01685653
IRS990/NetAssetsOrFundBalancesBOYAmt0-794028
IRS990/NetAssetsOrFundBalancesEOYAmt0-856439
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01378
IRS990/OfficeExpensesGrp/ProgramServicesAmt05512
IRS990/OfficeExpensesGrp/TotalAmt06890
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02482
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09928
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012410
IRS990/OtherExpensesGrp/Desc0Repairs
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Taxes & License
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2265
IRS990/OtherExpensesGrp/ProgramServicesAmt036372
IRS990/OtherExpensesGrp/ProgramServicesAmt121739
IRS990/OtherExpensesGrp/ProgramServicesAmt21058
IRS990/OtherExpensesGrp/TotalAmt045465
IRS990/OtherExpensesGrp/TotalAmt127174
IRS990/OtherExpensesGrp/TotalAmt21323
IRS990/OtherLiabilitiesGrp/BOYAmt034000
IRS990/OtherLiabilitiesGrp/EOYAmt033411
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010259
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041036
IRS990/OtherSalariesAndWagesGrp/TotalAmt051295
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0983
IRS990/PayrollTaxesGrp/ProgramServicesAmt03934
IRS990/PayrollTaxesGrp/TotalAmt04917
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05158
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Low Income Housing Rent
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0243175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0243175
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0518
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0199523
IRS990/PYProgramServiceRevenueAmt0238967
IRS990/PYRevenuesLessExpensesAmt0-23853
IRS990/PYSalariesCompEmpBnftPaidAmt063815
IRS990/PYTotalExpensesAmt0263338
IRS990/PYTotalRevenueAmt0239485
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-62411
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0229063
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0214146
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0518
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0404
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0243175
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0238967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0239117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0229070
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0290647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01240976
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0518
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0404
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01519
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt01240976
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0243175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0238967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0239117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0229070
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0290647
IRS990ScheduleA/Total509Grp/TotalAmt01240976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0243458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0239485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0239274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0229227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0291051
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01242495
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0370217
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0947259
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01317476
IRS990ScheduleD/EquipmentGrp/BookValueAmt025341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0116430
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141771
IRS990ScheduleD/ExpensesSubtotalAmt0305869
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100980
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100980
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0103758
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0211143
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0314901
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Asset management fee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security deposit payable
IRS990ScheduleD/RevenueSubtotalAmt0243458
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year ending December 31, 2014 and 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600296
IRS990ScheduleD/TotalExpensesPerForm990Amt0305869
IRS990ScheduleD/TotalLiabilityAmt033411
IRS990ScheduleD/TotalRevenuePerForm990Amt0243458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0243458
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0305869
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0174574
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0936489
IRS990/TotalAssetsEOYAmt0869831
IRS990/TotalAssetsGrp/BOYAmt0936489
IRS990/TotalAssetsGrp/EOYAmt0869831
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061174
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0244695
IRS990/TotalFunctionalExpensesGrp/TotalAmt0305869
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01730517
IRS990/TotalLiabilitiesEOYAmt01726270
IRS990/TotalLiabilitiesGrp/BOYAmt01730517
IRS990/TotalLiabilitiesGrp/EOYAmt01726270
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-794028
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-856439
IRS990/TotalProgramServiceExpensesAmt0244695
IRS990/TotalProgramServiceRevenueAmt0243175
IRS990/TotalRevenueGrp/ExclusionAmt0283
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0243175
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0243458
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0936489
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0869831
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-794028

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$869,831
Liabilities
$1,726,270
Net assets
-$856,439
Revenue
$243,458
Expenses
$305,869
Net income
-$62,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.46$1.59$1.13$0.43$0.41$0.03
2023Summary only. Only limited summary data is available for this year.$0.45$1.61$1.15$0.30$0.31$0.01
2022Summary only. Only limited summary data is available for this year.$0.51$1.65$1.14$0.30$0.33$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$1.67$1.11$0.28$0.30$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$1.68$1.09$0.28$0.29$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$1.68$1.08$0.26$0.28$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$1.68$1.06$0.26$0.29$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.69$1.02$0.25$0.29$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.70$0.98$0.24$0.31$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$1.71$0.90$0.22$0.27$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.87$1.73$0.86$0.24$0.31$0.06
2013Summary only. Only limited summary data is available for this year.$0.94$1.73$0.79$0.24$0.26$0.02
2012Summary only. Only limited summary data is available for this year.$0.98$1.74$0.76$0.24$0.30$0.06
2011Summary only. Only limited summary data is available for this year.$1.04$1.75$0.70$0.23$0.28$0.05