Civic Intelligence

The Carter House Inc

990 • Fiscal year 2016 • EIN 95-4294433

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 28, 2017

c/o HDSI 3460 SOUTH BROADWAYLos Angeles, CA 90007

(323) 231-1104

Siviq Scores

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

Liabilities / Assets

98th percentile

2.24x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

11.97x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

21st percentile

-5.1%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

45th percentile

1.0%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,096,846

Down $59,120 (-5.1%) from 2015

Net Assets

Down

-$1,363,803

Down $83,419 (-6.5%) from 2015

Liabilities

Up

$2,460,649

Up $24,299 (+1.0%) from 2015

Revenue

Up

$205,577

Up $1,994 (+1.0%) from 2015

Expenses

Up

$288,996

Up $13,425 (+4.9%) from 2015

Net Income

Down

-$83,419

Down $11,431 (-16%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2011: $1,364,504Liabilities 2011: $2,379,479Net Assets 2011: -$1,014,9752011Assets 2012: $1,309,116Liabilities 2012: $2,395,403Net Assets 2012: -$1,086,2872012Assets 2013: $1,255,345Liabilities 2013: $2,424,826Net Assets 2013: -$1,169,4812013Assets 2014: $1,206,121Liabilities 2014: $2,414,517Net Assets 2014: -$1,208,3962014Assets 2015: $1,155,966Liabilities 2015: $2,436,350Net Assets 2015: -$1,280,3842015Assets 2016: $1,096,846Liabilities 2016: $2,460,649Net Assets 2016: -$1,363,8032016Assets 2017: $1,026,680Liabilities 2017: $2,471,063Net Assets 2017: -$1,444,3832017Assets 2018: $996,955Liabilities 2018: $2,504,543Net Assets 2018: -$1,507,5882018Assets 2019: $955,993Liabilities 2019: $2,513,096Net Assets 2019: -$1,557,1032019Assets 2020: $925,347Liabilities 2020: $2,516,993Net Assets 2020: -$1,591,6462020Assets 2021: $879,762Liabilities 2021: $2,526,434Net Assets 2021: -$1,646,6722021Assets 2022: $861,227Liabilities 2022: $2,547,233Net Assets 2022: -$1,686,0062022Assets 2023: $843,324Liabilities 2023: $2,564,436Net Assets 2023: -$1,721,1122023Assets 2024: $873,236Liabilities 2024: $2,644,265Net Assets 2024: -$1,771,0292024Assets 2025: $776,947Liabilities 2025: $2,660,414Net Assets 2025: -$1,883,4672025

Highlighted filing

2016

Assets$1,096,846
Liabilities$2,460,649
Net Assets-$1,363,803

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $180,349Expenses 2011: $229,295Net Income 2011: -$48,9462011Revenue 2012: $181,973Expenses 2012: $253,285Net Income 2012: -$71,3122012Revenue 2013: $175,632Expenses 2013: $258,826Net Income 2013: -$83,1942013Revenue 2014: $198,879Expenses 2014: $237,794Net Income 2014: -$38,9152014Revenue 2015: $203,583Expenses 2015: $275,571Net Income 2015: -$71,9882015Revenue 2016: $205,577Expenses 2016: $288,996Net Income 2016: -$83,4192016Revenue 2017: $218,458Expenses 2017: $299,038Net Income 2017: -$80,5802017Revenue 2018: $240,830Expenses 2018: $304,035Net Income 2018: -$63,2052018Revenue 2019: $273,649Expenses 2019: $337,791Net Income 2019: -$64,1422019Revenue 2020: $250,835Expenses 2020: $285,378Net Income 2020: -$34,5432020Revenue 2021: $254,223Expenses 2021: $309,249Net Income 2021: -$55,0262021Revenue 2022: $298,419Expenses 2022: $337,753Net Income 2022: -$39,3342022Revenue 2023: $260,131Expenses 2023: $295,237Net Income 2023: -$35,1062023Revenue 2024: $254,326Expenses 2024: $304,243Net Income 2024: -$49,9172024Revenue 2025: $245,892Expenses 2025: $358,330Net Income 2025: -$112,4382025

Highlighted filing

2016

Revenue$205,577
Expenses$288,996
Net Income-$83,419
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 28, 2017
Return Version
2015v3.0
Gross Receipts
$205,577
Mission and Program Overview

Mission

To provide low income housing to very low-income and chronically mentally ill persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,080,665$1,029,797▼ $50,868
Prepaid Expenses and Deferred Charges$5,302$3,231▼ $2,071
Cash and Non-Interest-Bearing Accounts$11,389$3,130▼ $8,259
Accounts Receivable$255$0▼ $255
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$1,155,966$1,096,846▼ $59,120
Other Assets Total$58,355$60,688▲ $2,333
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,170,958$2,170,958→ $0
Other Liabilities$254,148$270,616▲ $16,468
Accounts Payable and Accrued Expenses$11,244$18,860▲ $7,616
Deferred Revenue-$215-
Total Liabilities$2,436,350$2,460,649▲ $24,299
Net Assets / Fund Balance
Unrestricted Net Assets$-1,280,384$-1,363,803▼ $83,419
Total Net Assets Fund Balance$-1,280,384$-1,363,803▼ $83,419
Total Liabilities and Net Assets / Fund Balance$1,155,966$1,096,846▼ $59,120

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$775,360$1,191,481$1,966,841
Land$252,000-$252,000
Other Land Buildings$888$26,738$27,626
Equipment$1,549$2,643$4,192
Other Assets Org$4,017--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ted HandelPresident
Courtney YoungDirector
Dan DoyleDirector
Glenn B White PhDDirector
Karen UhlerDirector
Rev Mark KowalewskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$204,734
Investment Income
$32
Other Revenue
$811
Change in Net Assets
$-83,419

Audited Revenue Reconciliation

Revenue per Audited Statements
$205,577
Total Revenue per Audited Statements
$205,577
Total Revenue per Form 990
$205,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,996
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
All Other Expenses$65,968--$65,968
Depreciation Depletion$50,868--$50,868
Interest$15,748--$15,748
Other Expenses$13,556--$13,556
Fees for Services Management$13,200--$13,200
Insurance$10,575--$10,575
Office Expenses$6,870--$6,870
Fees for Services Accounting$2,220--$2,220
Total Functional Expenses$288,996$0$0$288,996

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$288,996
Total Expenses per Audited Statements$288,996
Total Expenses per Form 990$288,996
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
Accred Interest Payable$266,603
Tenant Security Deposits$4,013
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

The Organization's governing body has delegated this function to HDSI Management, Inc., its managing agent. Any questions and inquiries during the review process are communicated with the preparer and resolved. The President signs the return for filing after review and approval.

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

Organization's managing agent HDSI Management, Inc. is the custodian of governing documents and financial records and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization does not have a written conflict of interest policy and as such cannot be provided for public inspection.

Form 990, Part VI, Section A 3

The Organization owns HUD assisted rental apartments. It is required to retain a HUD-approved property management company, specializing in affordable housing.

Filing and Contact Details

Filer

Filer Name
The Carter House Inc
EIN
95-4294433
Phone
3232311104
Address
c/o HDSI 3460 SOUTH BROADWAY, LOS ANGELES, CA 90007

Signing Officer

Name
Ted Handel
Title
President
Signed
2017-02-28
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Forman Richter RubinAcct Corp
Address
1037 Park View Dr, Covina, CA 91724
Preparer
Aneela DeWinter CPA
Phone
6269157666
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Admin Rent Free Unit: Column (A) - Total = $10353; Column (B) - Program Services = $10353; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Auditing Expense: Column (A) - Total = $7500; Column (B) - Program Services = $7500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Employee Benefits: Column (A) - Total = $8019; Column (B) - Program Services = $8019; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

HVAC Maintenance: Column (A) - Total = $2223; Column (B) - Program Services = $2223; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Misc. Administration Exp.: Column (A) - Total = $2975; Column (B) - Program Services = $2975; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Misc. Operating & Maintenance: Column (A) - Total = $5524; Column (B) - Program Services = $5524; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Misc. Tax, Ins, License: Column (A) - Total = $6265; Column (B) - Program Services = $6265; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous Financial: Column (A) - Total = $373; Column (B) - Program Services = $373; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Operating & Maint. Supplies: Column (A) - Total = $6510; Column (B) - Program Services = $6510; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Other Renting Expenses: Column (A) - Total = $102; Column (B) - Program Services = $102; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Payroll Taxes: Column (A) - Total = $5396; Column (B) - Program Services = $5396; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Real Estate Taxes: Column (A) - Total = $1823; Column (B) - Program Services = $1823; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Workers Compensation: Column (A) - Total = $8905; Column (B) - Program Services = $8905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt06870
IRS990/OfficeExpensesGrp/TotalAmt06870
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt058355
IRS990/OtherAssetsTotalGrp/EOYAmt060688
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Salaries and Wages
IRS990/OtherExpensesGrp/Desc1Operating & Maint. Contracts
IRS990/OtherExpensesGrp/Desc2Utilities Expense
IRS990/OtherExpensesGrp/Desc3Garbage & Trash Removal
IRS990/OtherExpensesGrp/ProgramServicesAmt057937
IRS990/OtherExpensesGrp/ProgramServicesAmt129223
IRS990/OtherExpensesGrp/ProgramServicesAmt222831
IRS990/OtherExpensesGrp/ProgramServicesAmt313556
IRS990/OtherExpensesGrp/TotalAmt057937
IRS990/OtherExpensesGrp/TotalAmt129223
IRS990/OtherExpensesGrp/TotalAmt222831
IRS990/OtherExpensesGrp/TotalAmt313556
IRS990/OtherLiabilitiesGrp/BOYAmt0254148
IRS990/OtherLiabilitiesGrp/EOYAmt0270616
IRS990/OtherRevenueMiscGrp/Desc0Laundry and Vending
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/Desc2Tenant Charges
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0691
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1115
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0691
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1115
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25
IRS990/OtherRevenueTotalAmt0811
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05302
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03231
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1Rental Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0141701
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0141701
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163033
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt020
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0275571
IRS990/PYOtherRevenueAmt01329
IRS990/PYProgramServiceRevenueAmt0202234
IRS990/PYRevenuesLessExpensesAmt0-71988
IRS990/PYTotalExpensesAmt0275571
IRS990/PYTotalRevenueAmt0203583
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-83419
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0205577
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0204734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0202234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0197930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0174567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0180901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0960366
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0176
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0811
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01329
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0919
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01022
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01021
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05102
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99450
IRS990ScheduleA/PublicSupportPY509Pct00.99420
IRS990ScheduleA/PublicSupportTotal509Amt0960366
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0204734
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0202234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0197930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0174567
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0180901
IRS990ScheduleA/Total509Grp/TotalAmt0960366
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0205577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0203583
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0198879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0175632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0181973
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0965644
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0775360
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01191481
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01966841
IRS990ScheduleD/EquipmentGrp/BookValueAmt01549
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02643
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04192
IRS990ScheduleD/ExpensesSubtotalAmt0288996
IRS990ScheduleD/LandGrp/BookValueAmt0252000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0252000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt056671
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14017
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0888
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026738
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027626
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14013
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accred Interest Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0205577
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01029797
IRS990ScheduleD/TotalBookValueOtherAssetsAmt060688
IRS990ScheduleD/TotalExpensesPerForm990Amt0288996
IRS990ScheduleD/TotalLiabilityAmt0270616
IRS990ScheduleD/TotalRevenuePerForm990Amt0205577
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0205577
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0288996
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's governing body has delegated this function to HDSI Management, Inc., its managing agent. Any questions and inquiries during the review process are communicated with the preparer and resolved. The President signs the return for filing after review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization's managing agent HDSI Management, Inc. is the custodian of governing documents and financial records and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization does not have a written conflict of interest policy and as such cannot be provided for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Admin Rent Free Unit: Column (A) - Total = $10353; Column (B) - Program Services = $10353; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Auditing Expense: Column (A) - Total = $7500; Column (B) - Program Services = $7500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Employee Benefits: Column (A) - Total = $8019; Column (B) - Program Services = $8019; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HVAC Maintenance: Column (A) - Total = $2223; Column (B) - Program Services = $2223; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Misc. Administration Exp.: Column (A) - Total = $2975; Column (B) - Program Services = $2975; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Misc. Operating & Maintenance: Column (A) - Total = $5524; Column (B) - Program Services = $5524; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Misc. Tax, Ins, License: Column (A) - Total = $6265; Column (B) - Program Services = $6265; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Miscellaneous Financial: Column (A) - Total = $373; Column (B) - Program Services = $373; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Operating & Maint. Supplies: Column (A) - Total = $6510; Column (B) - Program Services = $6510; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Other Renting Expenses: Column (A) - Total = $102; Column (B) - Program Services = $102; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Payroll Taxes: Column (A) - Total = $5396; Column (B) - Program Services = $5396; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Real Estate Taxes: Column (A) - Total = $1823; Column (B) - Program Services = $1823; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Workers Compensation: Column (A) - Total = $8905; Column (B) - Program Services = $8905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15The Organization owns HUD assisted rental apartments. It is required to retain a HUD-approved property management company, specializing in affordable housing.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$2.66$1.88$0.25$0.36$0.11
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$2.64$1.77$0.25$0.30$0.05
2023Summary only. Only limited summary data is available for this year.$0.84$2.56$1.72$0.26$0.30$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$2.55$1.69$0.30$0.34$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$2.53$1.65$0.25$0.31$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$2.52$1.59$0.25$0.29$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$2.51$1.56$0.27$0.34$0.06
2018Summary only. Only limited summary data is available for this year.$1.00$2.50$1.51$0.24$0.30$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$2.47$1.44$0.22$0.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.10$2.46$1.36$0.21$0.29$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.16$2.44$1.28$0.20$0.28$0.07
2014Summary only. Only limited summary data is available for this year.$1.21$2.41$1.21$0.20$0.24$0.04
2013Summary only. Only limited summary data is available for this year.$1.26$2.42$1.17$0.18$0.26$0.08
2012Summary only. Only limited summary data is available for this year.$1.31$2.40$1.09$0.18$0.25$0.07
2011Summary only. Only limited summary data is available for this year.$1.36$2.38$1.01$0.18$0.23$0.05