Civic Intelligence

Community Housing Assistance Program Inc.

990 • Fiscal year 2015 • EIN 95-4346258

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 01, 2018

3803 E Casselle AveOrange, CA 92869

(714) 803-7200

Siviq Scores

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

Liabilities / Assets

68th percentile

0.40x

Higher debt load relative to assets than 68% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.67x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

94th percentile

60%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

266%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,030,198

Down $321,382 (-9.6%) from 2014

Net Assets

Down

$849,307

Down $241,383 (-22%) from 2014

Liabilities

Down

$2,180,891

Down $79,999 (-3.5%) from 2014

Revenue

Down

$497,578

Down $384,675 (-44%) from 2014

Expenses

Down

$739,961

Down $285,868 (-28%) from 2014

Net Income

Down

-$242,383

Down $98,807 (-69%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,383,458Liabilities 2010: $3,556,355Net Assets 2010: -$1,172,8972010Assets 2011: $2,638,267Liabilities 2011: $3,491,043Net Assets 2011: -$852,7762011Assets 2012: $2,711,140Liabilities 2012: $3,336,044Net Assets 2012: -$624,9042012Assets 2013: $3,576,356Liabilities 2013: $2,342,090Net Assets 2013: $1,234,2662013Assets 2014: $3,351,580Liabilities 2014: $2,260,890Net Assets 2014: $1,090,6902014Assets 2015: $3,030,198Liabilities 2015: $2,180,891Net Assets 2015: $849,3072015Assets 2016: $5,281,361Liabilities 2016: $2,029,979Net Assets 2016: $3,251,3822016Assets 2017: $4,974,948Liabilities 2017: $1,925,936Net Assets 2017: $3,049,0122017Assets 2018: $4,389,671Liabilities 2018: $1,429,150Net Assets 2018: $2,960,5212018Assets 2019: $4,854,933Liabilities 2019: $1,422,755Net Assets 2019: $3,432,1782019Assets 2020: $4,821,218Liabilities 2020: $1,381,473Net Assets 2020: $3,439,7452020Assets 2021: $3,803,320Liabilities 2021: $918,355Net Assets 2021: $2,884,9652021Assets 2022: $419,688Liabilities 2022: $0Net Assets 2022: $419,6882022

Highlighted filing

2015

Assets$3,030,198
Liabilities$2,180,891
Net Assets$849,307

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $737,512Expenses 2010: $1,028,455Net Income 2010: -$290,9432010Revenue 2011: $811,338Expenses 2011: $604,944Net Income 2011: $206,3942011Revenue 2012: $825,509Expenses 2012: $597,637Net Income 2012: $227,8722012Revenue 2013: $2,909,772Expenses 2013: $1,048,355Net Income 2013: $1,861,4172013Revenue 2014: $882,253Expenses 2014: $1,025,829Net Income 2014: -$143,5762014Revenue 2015: $497,578Expenses 2015: $739,961Net Income 2015: -$242,3832015Revenue 2016: $1,325,884Expenses 2016: $1,275,530Net Income 2016: $50,3542016Revenue 2017: $1,145,143Expenses 2017: $1,347,513Net Income 2017: -$202,3702017Revenue 2018: $1,513,278Expenses 2018: $1,601,769Net Income 2018: -$88,4912018Revenue 2019: $1,363,024Expenses 2019: $1,133,869Net Income 2019: $229,1552019Revenue 2020: $877,513Expenses 2020: $869,946Net Income 2020: $7,5672020Revenue 2021: $1,424,466Expenses 2021: $1,979,246Net Income 2021: -$554,7802021Revenue 2022: $694,519Expenses 2022: $2,453,684Net Income 2022: -$1,759,1652022

Highlighted filing

2015

Revenue$497,578
Expenses$739,961
Net Income-$242,383
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 1, 2018
Return Version
2015v3.0
Gross Receipts
$3,226,396
Mission and Program Overview

Mission

To foster the creation, management, and preservation of social services and affordable housing for people of lower income. To reduce the burden of government and help those who cannot afford the necessities of life.

Foster the creation, management, and preservation of social services and affordable housing for people of lower income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,421,750$1,844,054▲ $422,304
Accounts Receivable$251,387$701,759▲ $450,372
Savings and Temporary Cash Investments$411,022$0▼ $411,022
Cash and Non-Interest-Bearing Accounts$253,038$133,327▼ $119,711
Investments Program Related$0$10,767▲ $10,767
Intangible Assets$32,002$7,827▼ $24,175
Total Assets$3,351,580$5,355,237▲ $2,003,657
Other Assets Total$982,381$2,657,503▲ $1,675,122
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,222,597$2,079,403▼ $143,194
Accounts Payable and Accrued Expenses$8,111$32,710▲ $24,599
Other Liabilities$28,490$27,915▼ $575
Deferred Revenue$1,692$14,181▲ $12,489
Total Liabilities$2,260,890$2,154,209▼ $106,681
Net Assets / Fund Balance
Unrestricted Net Assets$1,090,690$3,201,028▲ $2,110,338
Total Net Assets Fund Balance$1,090,690$3,201,028▲ $2,110,338
Total Liabilities and Net Assets / Fund Balance$3,351,580$5,355,237▲ $2,003,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,518,752$625,708$2,144,460
Land$290,149-$290,149
Equipment$24,636$113,001$137,637
Leasehold Improvements$10,517$4,872$15,389
Other Assets Org$18,299--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken RobertsonPresident
Ben CornejoDirector
Filipe VosoughDirector
Michael BerkowitzDirector
Ryan GallagherDirector
Penny LarueVP/secretary
Gregg RogersVP/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rivera Gardens Affordable Housing CorporAsset Management758 S ROSALIND, Orange, CA 92869$534,800
Revenue and Support

Revenue Composition

Contributions and Grants
$186,597
Program Service Revenue
$677,509
Investment Income
$2,360,550
Other Revenue
$1,740
Change in Net Assets
$2,037,815

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,226,396
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,226,396
Total Revenue per Form 990
$3,226,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,133,612
Salaries, Compensation, and Employee Benefits$54,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$552,766--$552,766
Depreciation Depletion$74,329--$74,329
Other Salaries and Wages$47,799--$47,799
Other Expenses$46,464--$46,464
All Other Expenses$24,987$11,365-$36,352
Interest$33,268--$33,268
Insurance$31,317--$31,317
Fees for Services Accounting-$20,666-$20,666
Payroll Taxes-$7,170-$7,170
Office Expenses-$4,576-$4,576
Fees for Services Legal-$3,818-$3,818
Advertising-$2,338-$2,338
Travel-$653-$653
Total Functional Expenses$1,137,995$50,586$0$1,188,581

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,188,581
Total Expenses per Audited Statements$1,188,581
Total Expenses per Form 990$1,188,581
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$18,294
Accrued Interest$9,621
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Ken robertson and penny larue are related.

Form 990, Part VI, Section A, Line 8B

The organization did not have any committees.

Form 990, Part VI, Section B, Line 11

The president of the organization e-mails a draft copy of the 990 to each member of the board for their review and comment. The e-mail also includes a notice of the board meeting so members can address the matter. Following discussion and review of the return, it is sent to the preparer with the board's recommendations, if any, for revisions.

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

Officers, directors, trustees, and key employees conducting the day to day business of the organization shall take the responsible steps to identify matters that could give rise to, or appear to be a conflict-of-interest. Each person shall be responsible for voluntarily disclosing and providing a written notice of disclosure statement to the secreatry of the board. Any statement required by this section shall briefly describe the names of the interested persons involved in such transaction, stating each person's interest in the transactions, and where practical the amount of such interest.

Form 990, Part VI, Section B, Line 15B

The following data is used to assist in the evaluation and determining the compensation of the organization's employees. Annual board of directors review of the comparability data is obtained from irs form 990's reported by employers in similar businesses and/or from other resources such as government labor statistics, legal, accounting, and financial service professionals.

Form 990, Part VI, Section C, Line 19

Document available to public upon request.

Filing and Contact Details

Filer

Filer Name
Community Housing Assistance Program
EIN
95-4346258
Phone
7148037200
Address
3803 E CASSELLE AVE, ORANGE, CA 92869

Signing Officer

Name
Ken Robertson
Title
President
Phone
7148037200
Signed
2018-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Robertson
Formed
1992
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Heather L Plake
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period adjustment to convert balance sheet to gaap 72,523.

Page 1 Part B - Reason for Amending Return

This return is being amended to properly show the activity for year ended 12/31/2015. There was an audit prepared after the return had been filed and this return is being amended to reflect the changes. Schedule b has been added to this return. Total revenue and total expenses also changed on this return and subsequently schedules a and d were updated.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns are subject to examinations for the three years after the later of the original or extended due date or the date filed by the applicable tax authority.

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IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE/REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt0148052
IRS990/OtherExpensesGrp/ProgramServicesAmt198427
IRS990/OtherExpensesGrp/ProgramServicesAmt280586
IRS990/OtherExpensesGrp/ProgramServicesAmt346464
IRS990/OtherExpensesGrp/TotalAmt0148052
IRS990/OtherExpensesGrp/TotalAmt198427
IRS990/OtherExpensesGrp/TotalAmt280586
IRS990/OtherExpensesGrp/TotalAmt346464
IRS990/OtherLiabilitiesGrp/BOYAmt028490
IRS990/OtherLiabilitiesGrp/EOYAmt027915
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt01740
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01740
IRS990/OtherRevenueTotalAmt01740
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047799
IRS990/OtherSalariesAndWagesGrp/TotalAmt047799
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07170
IRS990/PayrollTaxesGrp/TotalAmt07170
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEN ROBERTSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0PROJECT FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM DEVELOPMENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0446768
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1219565
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211176
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0446768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1219565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211176
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0429
IRS990/PYOtherExpensesAmt01025829
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0881824
IRS990/PYRevenuesLessExpensesAmt0-143576
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01025829
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0882253
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02037815
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02966125
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0411022
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0186597
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0186597
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt071934
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt071934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0677509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0881824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01702091
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0825193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0811338
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04897955
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt071934
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt071934
IRS990ScheduleA/InvestmentIncomeCYPct00.01130
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01207464
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01209204
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.40100
IRS990ScheduleA/PublicSupportPY509Pct00.31250
IRS990ScheduleA/PublicSupportTotal509Amt02552711
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0547414
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01082947
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0389476
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0512004
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt02531841
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0547414
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01082947
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0389476
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0512004
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt02531841
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0864106
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0881824
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01702091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0825193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0811338
IRS990ScheduleA/Total509Grp/TotalAmt05084552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0937780
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0881824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02909555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0825193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0811338
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06365690
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01518752
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0625708
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02144460
IRS990ScheduleD/EquipmentGrp/BookValueAmt024636
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113001
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137637
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01188581
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0290149
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0290149
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010517
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04872
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015389
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0314227
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12324977
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt218299
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW AND RESTRICTED RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NOTES RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDENT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03226396
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATIONS FOR THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01844054
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02657503
IRS990ScheduleD/TotalExpensesPerForm990Amt01188581
IRS990ScheduleD/TotalLiabilityAmt027915
IRS990ScheduleD/TotalRevenuePerForm990Amt03226396
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03226396
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01188581
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KEN ROBERTSON AND PENNY LARUE ARE RELATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT OF THE ORGANIZATION E-MAILS A DRAFT COPY OF THE 990 TO EACH MEMBER OF THE BOARD FOR THEIR REVIEW AND COMMENT. THE E-MAIL ALSO INCLUDES A NOTICE OF THE BOARD MEETING SO MEMBERS CAN ADDRESS THE MATTER. FOLLOWING DISCUSSION AND REVIEW OF THE RETURN, IT IS SENT TO THE PREPARER WITH THE BOARD'S RECOMMENDATIONS, IF ANY, FOR REVISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES CONDUCTING THE DAY TO DAY BUSINESS OF THE ORGANIZATION SHALL TAKE THE RESPONSIBLE STEPS TO IDENTIFY MATTERS THAT COULD GIVE RISE TO, OR APPEAR TO BE A CONFLICT-OF-INTEREST. EACH PERSON SHALL BE RESPONSIBLE FOR VOLUNTARILY DISCLOSING AND PROVIDING A WRITTEN NOTICE OF DISCLOSURE STATEMENT TO THE SECREATRY OF THE BOARD. ANY STATEMENT REQUIRED BY THIS SECTION SHALL BRIEFLY DESCRIBE THE NAMES OF THE INTERESTED PERSONS INVOLVED IN SUCH TRANSACTION, STATING EACH PERSON'S INTEREST IN THE TRANSACTIONS, AND WHERE PRACTICAL THE AMOUNT OF SUCH INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOLLOWING DATA IS USED TO ASSIST IN THE EVALUATION AND DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EMPLOYEES. ANNUAL BOARD OF DIRECTORS REVIEW OF THE COMPARABILITY DATA IS OBTAINED FROM IRS FORM 990'S REPORTED BY EMPLOYERS IN SIMILAR BUSINESSES AND/OR FROM OTHER RESOURCES SUCH AS GOVERNMENT LABOR STATISTICS, LEGAL, ACCOUNTING, AND FINANCIAL SERVICE PROFESSIONALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENT AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT TO CONVERT BALANCE SHEET TO GAAP 72,523.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THIS RETURN IS BEING AMENDED TO PROPERLY SHOW THE ACTIVITY FOR YEAR ENDED 12/31/2015. THERE WAS AN AUDIT PREPARED AFTER THE RETURN HAD BEEN FILED AND THIS RETURN IS BEING AMENDED TO REFLECT THE CHANGES. SCHEDULE B HAS BEEN ADDED TO THIS RETURN. TOTAL REVENUE AND TOTAL EXPENSES ALSO CHANGED ON THIS RETURN AND SUBSEQUENTLY SCHEDULES A AND D WERE UPDATED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PAGE 1 PART B - REASON FOR AMENDING RETURN
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

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