Civic Intelligence

Maui County Community Television Inc.

990 • Fiscal year 2022 • EIN 99-0300906

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

333 Dairy Road Suite 104Kahului, HI 96732

(808) 871-5554

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.83x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

74th percentile

24%

Higher net margin than 74% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

38th percentile

$97,200

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

63rd percentile

6.2%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

20%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$5,217,765

Up $305,066 (+6.2%) from 2021

Net Assets

Up

$3,172,416

Up $580,427 (+22%) from 2021

Liabilities

Down

$2,045,349

Down $275,361 (-12%) from 2021

Revenue

Up

$2,467,549

Up $407,622 (+20%) from 2021

Expenses

Down

$1,887,122

Down $19,868 (-1.0%) from 2021

Net Income

Up

$580,427

Up $427,490 (+280%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $3,296,701Liabilities 2012: $2,469,431Net Assets 2012: $827,2702012Assets 2013: $3,508,003Liabilities 2013: $2,629,654Net Assets 2013: $878,3492013Assets 2014: $2,886,929Liabilities 2014: $1,841,548Net Assets 2014: $1,045,3812014Assets 2015: $3,648,850Liabilities 2015: $2,339,077Net Assets 2015: $1,309,7732015Assets 2016: $3,822,376Liabilities 2016: $2,223,348Net Assets 2016: $1,599,0282016Assets 2017: $4,224,183Liabilities 2017: $2,488,638Net Assets 2017: $1,735,5452017Assets 2018: $5,007,762Liabilities 2018: $2,772,836Net Assets 2018: $2,234,9262018Assets 2019: $5,100,402Liabilities 2019: $2,762,794Net Assets 2019: $2,337,6082019Assets 2020: $5,297,545Liabilities 2020: $2,858,493Net Assets 2020: $2,439,0522020Assets 2021: $4,912,699Liabilities 2021: $2,320,710Net Assets 2021: $2,591,9892021Assets 2022: $5,217,765Liabilities 2022: $2,045,349Net Assets 2022: $3,172,4162022Assets 2023: $8,567,051Liabilities 2023: $5,250,372Net Assets 2023: $3,316,6792023Assets 2024: $8,583,875Liabilities 2024: $5,204,474Net Assets 2024: $3,379,4012024

Highlighted filing

2022

Assets$5,217,765
Liabilities$2,045,349
Net Assets$3,172,416

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2012: $1,635,5492012Expenses 2013: $1,762,0812013Revenue 2014: $1,812,006Expenses 2014: $1,644,974Net Income 2014: $167,0322014Revenue 2015: $2,115,670Expenses 2015: $1,851,278Net Income 2015: $264,3922015Revenue 2016: $2,124,129Expenses 2016: $1,834,874Net Income 2016: $289,2552016Revenue 2017: $2,087,656Expenses 2017: $1,951,139Net Income 2017: $136,5172017Revenue 2018: $2,189,853Expenses 2018: $2,056,598Net Income 2018: $133,2552018Revenue 2019: $2,178,530Expenses 2019: $2,075,848Net Income 2019: $102,6822019Revenue 2020: $2,033,045Expenses 2020: $1,931,601Net Income 2020: $101,4442020Revenue 2021: $2,059,927Expenses 2021: $1,906,990Net Income 2021: $152,9372021Revenue 2022: $2,467,549Expenses 2022: $1,887,122Net Income 2022: $580,4272022Revenue 2023: $2,309,551Expenses 2023: $2,165,288Net Income 2023: $144,2632023Revenue 2024: $2,198,181Expenses 2024: $2,135,459Net Income 2024: $62,7222024

Highlighted filing

2022

Revenue$2,467,549
Expenses$1,887,122
Net Income$580,427
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.0
Gross Receipts
$3,150,224
Mission and Program Overview

Mission

Empower our community's voice through access to media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,000,508$2,266,378▲ $265,870
Land, Buildings, and Equipment, Net$2,343,870$2,209,278▼ $134,592
Savings and Temporary Cash Investments$77,973$227,989▲ $150,016
Prepaid Expenses and Deferred Charges$219,946$223,691▲ $3,745
Accounts Receivable$83,978$104,871▲ $20,893
Intangible Assets$866--
Total Assets$4,912,699$5,217,765▲ $305,066
Other Assets Total$185,558$185,558→ $0
Liabilities
Deferred Revenue$1,114,825$1,172,577▲ $57,752
Unsecured Notes Loans Payable$1,044,225$719,067▼ $325,158
Accounts Payable and Accrued Expenses$121,069$123,128▲ $2,059
Other Liabilities$40,591$30,577▼ $10,014
Total Liabilities$2,320,710$2,045,349▼ $275,361
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,591,989$3,172,416▲ $580,427
Total Net Assets Fund Balance$2,591,989$3,172,416▲ $580,427
Total Liabilities and Net Assets / Fund Balance$4,912,699$5,217,765▲ $305,066

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$979,256$1,440,586$2,419,842
Buildings$1,023,123$1,376,877$2,400,000
Equipment$206,899$961,098$1,167,997
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John AprilCEO/presidenFT$97,200$97,200
Theresa RobertsControllerFT$60,922$60,922

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$219,519
Program Service Revenue
$1,994,070
Investment Income
$16
Other Revenue
$253,944
All Other Contributions
$6,410
Change in Net Assets
$580,427

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,467,549
Revenue Not Reported on Form 990
$682,675
Total Revenue per Audited Statements
$3,150,224
Total Revenue per Form 990
$2,467,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,032,967
Salaries, Compensation, and Employee Benefits$854,155
Total Fundraising Expense$27,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$416,213$108,140$9,148$533,501
Fees for Services Other$110,775$54,356-$165,131
Depreciation Depletion$107,237$51,749-$158,986
Current Officers, Directors, Trustees, and Key Employees$123,359$32,051$2,712$158,122
Occupancy$12,128$70,670-$82,798
Other Employee Benefits$63,682$16,522$1,398$81,602
All Other Expenses$33,596$10,452$11,955$56,003
Payroll Taxes$41,909$10,889$921$53,719
Insurance$31,509$15,973-$47,482
Pension Plan Contributions$21,228$5,516$467$27,211
Fees for Services Accounting$16,674$5,858-$22,532
Travel$9,397$4,545$1,209$15,151
Office Expenses$10,095$4,327-$14,422
Other Expenses$10,682$1,657-$12,339
Interest-$6,255-$6,255
Advertising$1,899$350$83$2,332
Total Functional Expenses$1,421,229$438,000$27,893$1,887,122

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,569,797
Expenses per Audited Statements$1,887,122
Total Expenses per Form 990$1,887,122
Expenses Not Reported on Form 990$682,675
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
Security Deposits$30,577
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization employs the services of a property management company to oversee the maintenance of the rental property.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the finance committee for approval and then reviewed by the entire board of directors.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest policy exists in the by-laws. Board members are required to disclose any possible conflicts and if any exist, they are brought before the board for a vote on the matter. The interested party shall be absent from the discussion, and subsequent voting procedures of the board members. The outcome is reflected in the minutes. A copy of this policy is reviewed annually and all new board members are advised of the policy.

Form 990, Page 6, Part VI, Line 15A

A review and approval of salary by the governing body exists in the by-laws. National comparable salaries are reviewed for similar positions and deliberations and decisions regarding the compensation arrangement are recorded in the minutes.

Form 990, Page 6, Part VI, Line 15B

National comparable salaries are reviewed for similar positions and deliberations and decisions regarding the compensation arrangement are recorded in the minutes.

Form 990, Page 6, Part VI, Line 19

The organization has all documents on file at their office and available upon request. Most of the other governing documents are in the by-laws which are posted on the organization's website.

Filing and Contact Details

Filer

Filer Name
Maui County Community
EIN
99-0300906
Phone
8088715554
Address
333 DAIRY ROAD SUITE 104, KAHULUI, HI 96732
Doing Business As
Akaku Maui Community Media

Signing Officer

Name
John April
Title
CEO/president
Phone
8088715554
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gene J Zarro Jr
Formed
1992
Legal Domicile
Hi
Voting Board Members
8
Independent Board Members
8
Employees
15
Volunteers
8

Preparer

Firm
Carbonaro Cpas & Management Group
Address
1885 MAIN ST STE 408, WAILUKU, HI 96793
Preparer
Gretchen Kremeyer
Phone
8082425002
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rental expenses 682,675 rental expenses -682,675

Financial Statement Notes

Schedule D, Page 3, Part X

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 company 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. 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% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal years 2022 and 2021. The company's forms 990, return of company exempt from income tax, for the years ending 2019, 2020, and 2021, are subject to examination by the irs, generally for three years after they were filed.

Schedule D, Page 4, Part XI, Line 2D

RENTAL EXPENSES 682,675

Schedule D, Page 4, Part XII, Line 2D

RENTAL EXPENSES 682,675

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02209278
IRS990/LandBldgEquipCostOrOtherBssAmt05987839
IRS990/LegalDomicileStateCd0HI
IRS990/LessRentalExpensesGrp/RealAmt0682675
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EMPOWER OUR COMMUNITY'S VOICE THROUGH ACCESS TO MEDIA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02591989
IRS990/NetAssetsOrFundBalancesEOYAmt03172416
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0241491
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0241491
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02591989
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03172416
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt070670
IRS990/OccupancyGrp/ProgramServicesAmt012128
IRS990/OccupancyGrp/TotalAmt082798
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04327
IRS990/OfficeExpensesGrp/ProgramServicesAmt010095
IRS990/OfficeExpensesGrp/TotalAmt014422
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0185558
IRS990/OtherAssetsTotalGrp/EOYAmt0185558
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01398
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016522
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt063682
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081602
IRS990/OtherExpensesGrp/Desc0EDUCATION SETTLEMENT
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PLAYBACK/PRODUCTION SUPPL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028797
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19893
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21657
IRS990/OtherExpensesGrp/ProgramServicesAmt0356797
IRS990/OtherExpensesGrp/ProgramServicesAmt144925
IRS990/OtherExpensesGrp/ProgramServicesAmt29124
IRS990/OtherExpensesGrp/ProgramServicesAmt310682
IRS990/OtherExpensesGrp/TotalAmt0356797
IRS990/OtherExpensesGrp/TotalAmt173722
IRS990/OtherExpensesGrp/TotalAmt219017
IRS990/OtherExpensesGrp/TotalAmt312339
IRS990/OtherLiabilitiesGrp/BOYAmt040591
IRS990/OtherLiabilitiesGrp/EOYAmt030577
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ELECTRICITY
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012453
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt012453
IRS990/OtherRevenueTotalAmt012453
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09148
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0108140
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0416213
IRS990/OtherSalariesAndWagesGrp/TotalAmt0533501
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0921
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010889
IRS990/PayrollTaxesGrp/ProgramServicesAmt041909
IRS990/PayrollTaxesGrp/TotalAmt053719
IRS990/PensionPlanContributionsGrp/FundraisingAmt0467
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05516
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021228
IRS990/PensionPlanContributionsGrp/TotalAmt027211
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0219946
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0223691
IRS990/PrincipalOfficerNm0GENE J ZARRO JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/BusinessCd1515100
IRS990/ProgramServiceRevenueGrp/Desc0ACCESS OPERATING FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01952378
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt141692
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01952378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt141692
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt091767
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt016
IRS990/PYOtherExpensesAmt0970340
IRS990/PYOtherRevenueAmt0109877
IRS990/PYProgramServiceRevenueAmt01858267
IRS990/PYRevenuesLessExpensesAmt0152937
IRS990/PYSalariesCompEmpBnftPaidAmt0936650
IRS990/PYTotalExpensesAmt01906990
IRS990/PYTotalRevenueAmt02059927
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0580427
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0241491
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01994070
IRS990/SavingsAndTempCashInvstGrp/BOYAmt077973
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0227989
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01728512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01563814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01484619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01442079
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01499807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07718831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0333
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02668
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03918
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02372707
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportPY170Pct00.98640
IRS990ScheduleA/PublicSupportTotal170Amt07718831
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01728512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01563814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01484619
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01442079
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01499807
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07718831
IRS990ScheduleA/TotalSupportAmt07745064
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0945
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0140
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt021230
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt022315
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01023123
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01376877
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02400000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0206899
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0961098
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01167997
IRS990ScheduleD/ExpensesNotReportedAmt0682675
IRS990ScheduleD/ExpensesSubtotalAmt01887122
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0682675
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0979256
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01440586
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02419842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030577
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0682675
IRS990ScheduleD/RevenueNotReportedAmt0682675
IRS990ScheduleD/RevenueSubtotalAmt02467549
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 COMPANY 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. 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% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2022 AND 2021. THE COMPANY'S FORMS 990, RETURN OF COMPANY EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2019, 2020, AND 2021, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 682,675
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 682,675
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02209278
IRS990ScheduleD/TotalExpensesPerForm990Amt01887122
IRS990ScheduleD/TotalLiabilityAmt030577
IRS990ScheduleD/TotalRevenuePerForm990Amt02467549
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03150224
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02569797
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EMPLOYS THE SERVICES OF A PROPERTY MANAGEMENT COMPANY TO OVERSEE THE MAINTENANCE OF THE RENTAL PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE FOR APPROVAL AND THEN REVIEWED BY THE ENTIRE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CONFLICT OF INTEREST POLICY EXISTS IN THE BY-LAWS. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS AND IF ANY EXIST, THEY ARE BROUGHT BEFORE THE BOARD FOR A VOTE ON THE MATTER. THE INTERESTED PARTY SHALL BE ABSENT FROM THE DISCUSSION, AND SUBSEQUENT VOTING PROCEDURES OF THE BOARD MEMBERS. THE OUTCOME IS REFLECTED IN THE MINUTES. A COPY OF THIS POLICY IS REVIEWED ANNUALLY AND ALL NEW BOARD MEMBERS ARE ADVISED OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A REVIEW AND APPROVAL OF SALARY BY THE GOVERNING BODY EXISTS IN THE BY-LAWS. NATIONAL COMPARABLE SALARIES ARE REVIEWED FOR SIMILAR POSITIONS AND DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NATIONAL COMPARABLE SALARIES ARE REVIEWED FOR SIMILAR POSITIONS AND DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS ALL DOCUMENTS ON FILE AT THEIR OFFICE AND AVAILABLE UPON REQUEST. MOST OF THE OTHER GOVERNING DOCUMENTS ARE IN THE BY-LAWS WHICH ARE POSTED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENTAL EXPENSES 682,675 RENTAL EXPENSES -682,675
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.58$5.20$3.38$2.20$2.14$0.06
2023Summary only. Only limited summary data is available for this year.$8.57$5.25$3.32$2.31$2.17$0.14
2022Detailed filing. Detailed filing data is available for this year.$5.22$2.05$3.17$2.47$1.89$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.91$2.32$2.59$2.06$1.91$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.30$2.86$2.44$2.03$1.93$0.10
2019Summary only. Only limited summary data is available for this year.$5.10$2.76$2.34$2.18$2.08$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$2.77$2.23$2.19$2.06$0.13
2017Summary only. Only limited summary data is available for this year.$4.22$2.49$1.74$2.09$1.95$0.14
2016Summary only. Only limited summary data is available for this year.$3.82$2.22$1.60$2.12$1.83$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.65$2.34$1.31$2.12$1.85$0.26
2014Summary only. Only limited summary data is available for this year.$2.89$1.84$1.05$1.81$1.64$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$2.63$0.88$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$2.47$0.83$1.64