Civic Intelligence

Verdugo Tower Inc.

990 • Fiscal year 2011 • EIN 95-4401836

Apr 01, 2010 to Mar 31, 2011 • Filed on Mar 19, 2012

PO Box 707091109-7070
Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$7,593,682

No earlier filing loaded for comparison.

Net Assets

$7,536,575

No earlier filing loaded for comparison.

Liabilities

$57,107

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$952,558

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,593,682Liabilities 2011: $57,107Net Assets 2011: $7,536,5752011Assets 2012: $7,290,042Liabilities 2012: $41,740Net Assets 2012: $7,248,3022012Assets 2013: $7,140,932Liabilities 2013: $56,144Net Assets 2013: $7,084,7882013Assets 2014: $7,051,202Liabilities 2014: $115,224Net Assets 2014: $6,935,9782014Assets 2015: $6,843,417Liabilities 2015: $91,802Net Assets 2015: $6,751,6152015Assets 2016: $6,619,606Liabilities 2016: $60,725Net Assets 2016: $6,558,8812016Assets 2017: $6,147,925Liabilities 2017: $50,948Net Assets 2017: $6,096,9772017Assets 2018: $5,897,263Liabilities 2018: $94,970Net Assets 2018: $5,802,2932018Assets 2019: $5,569,436Liabilities 2019: $82,080Net Assets 2019: $5,487,3562019Assets 2020: $5,330,723Liabilities 2020: $90,233Net Assets 2020: $5,240,4902020Assets 2021: $5,153,076Liabilities 2021: $85,475Net Assets 2021: $5,067,6012021Assets 2022: $4,926,655Liabilities 2022: $99,462Net Assets 2022: $4,827,1932022Assets 2023: $5,170,847Liabilities 2023: $93,974Net Assets 2023: $5,076,8732023Assets 2025: $6,350,937Liabilities 2025: $88,169Net Assets 2025: $6,262,7682025

Highlighted filing

2011

Assets$7,593,682
Liabilities$57,107
Net Assets$7,536,575

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $952,5582011Revenue 2012: $754,573Expenses 2012: $1,042,846Net Income 2012: -$288,2732012Expenses 2013: $951,2062013Revenue 2014: $831,595Expenses 2014: $980,405Net Income 2014: -$148,8102014Revenue 2015: $835,955Expenses 2015: $1,020,318Net Income 2015: -$184,3632015Revenue 2016: $836,465Expenses 2016: $1,029,199Net Income 2016: -$192,7342016Revenue 2017: $839,544Expenses 2017: $1,301,448Net Income 2017: -$461,9042017Revenue 2018: $863,993Expenses 2018: $1,158,677Net Income 2018: -$294,6842018Revenue 2019: $891,639Expenses 2019: $1,206,576Net Income 2019: -$314,9372019Revenue 2020: $914,683Expenses 2020: $1,161,549Net Income 2020: -$246,8662020Revenue 2021: $988,858Expenses 2021: $1,161,747Net Income 2021: -$172,8892021Revenue 2022: $993,944Expenses 2022: $1,234,352Net Income 2022: -$240,4082022Revenue 2023: $1,453,285Expenses 2023: $1,203,605Net Income 2023: $249,6802023Revenue 2025: $2,684,889Expenses 2025: $1,326,590Net Income 2025: $1,358,2992025

Highlighted filing

2011

Revenue-
Expenses$952,558
Net Income-
Jump To
Filing Snapshot
Filing Period
Apr 1, 2010 to Mar 31, 2011
Signed
Mar 19, 2012
Return Version
2010v3.4
Gross Receipts
$710,226
Mission and Program Overview

Mission

To provide low income housing to elderly and handicapped persons.

Filing and Contact Details

Filer

EIN
95-4401836
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IRS990ScheduleO/GeneralExplanation/Explanation0RETAINED FALKENBERG/GILLIAM & ASSOCIATES, INC. AS APPROVED MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT AND OPERATIONS. THE COMPANY OPERATES RESIDENTIAL PROPERTY FOR LOW INCOME FAMILIES AND IS SUBJECT TO RULES AND REGULATIONS OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). FALKENBERG/GILLIAM & ASSOCIATES SPECIALIZED IN MANAGING HUD ASSISTED PROJECTS TO INSURE COMPLIANCE WITH HUD'S RULES AND REGULATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE COMPANY IS AUDITED. DURING THE AUDIT THE AUDITOR WORKS WITH THE MANAGEMENT COMPANY AND A BOARD OFFICER TO OBTAIN THE NECESSARY INFORMATION TO PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY FALKENBERG/GILLIAM FINANCE DEPARTMENT THEN IS FORWARDED TO THE BOARD OFFICER FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/GeneralExplanation/Explanation2IN ADDITION TO THE FORM 990 BEING AVAILABLE UPON REQUEST, IT IS AVAILABLE THROUGH GUIDESTAR.ORG.
IRS990ScheduleO/GeneralExplanation/Explanation3INSURANCE - WORKERS' COMP.: PROGRAM SERVICE EXPENSES 10,364. MANAGEMENT AND GENERAL EXPENSES 8,985. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,349. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 15,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,113. OFFICE SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,055. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,055. HEATING/COOLING REPAIRS & MAIN: PROGRAM SERVICE EXPENSES 12,231. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,231. MISC. TAXES, LICENSES & PERMIT: PROGRAM SERVICE EXPENSES 7,921. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,921. OFFICE HELP: PROGRAM SERVICE EXPENSES 7,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,555. SERVICE COORDINATOR: PROGRAM SERVICE EXPENSES 6,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,600. GARBAGE & TRASH REMOVAL: PROGRAM SERVICE EXPENSES 6,301. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,301. RENT FREE UNIT: PROGRAM SERVICE EXPENSES 5,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,846. BOOKKEEPING & ACCOUNTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,778. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,778. CONVENTIONS AND MEETINGS: PROGRAM SERVICE EXPENSES 2,307. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,307. RESIDENT COUNCIL EXPENSE: PROGRAM SERVICE EXPENSES 650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 650. OTHER RENTING EXPENSE: PROGRAM SERVICE EXPENSES 165. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 165.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier2ALL OTHER FUNCTIONAL EXPENSES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART X, LINE 24F
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10PO BIN 7070
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine11PO BIN 7070
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine12PO BIN 7070
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine13340 HARVARD ROAD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0PASADENA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1PASADENA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City2PASADENA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City3BURBANK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State3CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode091109
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode191109
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode291109
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode391502
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg10
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg20
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg30

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.$6.35$0.09$6.26$2.68$1.33$1.36
2023Summary only. Only limited summary data is available for this year.$5.17$0.09$5.08$1.45$1.20$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.10$4.83$0.99$1.23$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$0.09$5.07$0.99$1.16$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$0.09$5.24$0.91$1.16$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$0.08$5.49$0.89$1.21$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.90$0.09$5.80$0.86$1.16$0.29
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.15$0.05$6.10$0.84$1.30$0.46
2016Detailed filing. Detailed filing data is available for this year.$6.62$0.06$6.56$0.84$1.03$0.19
2015Summary only. Only limited summary data is available for this year.$6.84$0.09$6.75$0.84$1.02$0.18
2014Detailed filing. Detailed filing data is available for this year.$7.05$0.12$6.94$0.83$0.98$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.14$0.06$7.08$0.95
2012Summary only. Only limited summary data is available for this year.$7.29$0.04$7.25$0.75$1.04$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.59$0.06$7.54$0.95