AMERICAN AGAPE FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AMERICAN AGAPE FOUNDATION INC (EIN 30-0783184)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-23
IRS object ID
202401449349301555
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-23T16:58:04-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752057245PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVIS RAY & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 309AddressLine1Txt
CitySEMINOLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP79360ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300783184EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AGAPE WATERFORD PORTFOLIO INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAGAPBusinessNameControlTxt
Phone2103418097PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17334 BLANCO ROAD STE 200AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78216ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID STARRPersonNm
Person TitlePRESIDENT/DIRECTORPersonTitleTxt
Phone2103418097PhoneNum
Signature2024-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVIDPersonFirstNm
Person LastSTARRPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEREK RAYPreparerPersonNm
PTINP01218850PTIN
Phone4327583226PhoneNum
Preparation2024-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID STARRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17334 BLANCO ROAD STE 200AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78216ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,036,215GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO PROVIDE HOUSING TO LOW INCOME INDIVIDUALS AT THREE DIFFERENT APARTMENT COMPLEXES LOCATED IN SAN ANTONIO, TEXAS TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$852,537PYContributionsGrantsAmt
CY Contributions Grants$163,742CYContributionsGrantsAmt
PY Program Service Revenue$4,695,891PYProgramServiceRevenueAmt
CY Program Service Revenue$4,838,871CYProgramServiceRevenueAmt
PY Investment Income$4,791PYInvestmentIncomeAmt
CY Investment Income$33,602CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,553,219PYTotalRevenueAmt
CY Total Revenue$5,036,215CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,131,971PYOtherExpensesAmt
CY Other Expenses$5,214,142CYOtherExpensesAmt
PY Total Expenses$5,131,971PYTotalExpensesAmt
CY Total Expenses$5,214,142CYTotalExpensesAmt
PY Revenues Less Expenses$421,248PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$177,927CYRevenuesLessExpensesAmt
Total Assets BOY$20,064,801TotalAssetsBOYAmt
Total Assets EOY$19,910,615TotalAssetsEOYAmt
Total Liabilities BOY$23,598,387TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,622,128TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$3,533,586NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,711,513NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HOUSING TO LOW INCOME INDIVIDUALS AT THREE DIFFERENT APARTMENT COMPLEXES LOCATED IN SAN ANTONIO, TEXAS TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,000,883ExpenseAmt
Revenue$4,838,871RevenueAmt
DescTO PROVIDE HOUSING TO LOW INCOME INDIVIDUALS AT THREE DIFFERENT APARTMENT COMPLEXES LOCATED IN SAN ANTONIO, TEXAS TO THOSE INDIVIDUALS IN NEED OF PUBLIC HOUSING ASSISTANCE.Desc
Total Program Service Expenses$5,000,883TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORESIGHT ASSET MANAGEMENT LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2103418097PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17334 BLANCO ROAD STE 200AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78216ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MUTHANA MOHAMMED ATTAH
DIRECTOR1.002.00Yes (X)$0$0$0
JAMES SHIPLEY
SECRETARY/DI1.002.00Yes (X)$0$0$0Yes (X)
DAVID STARR
PRESIDENT/DI2.0040.00Yes (X)$0$0$0Yes (X)
JOANNE WOODBURY
DIRECTOR1.002.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$163,742AllOtherContributionsAmt
Total Contributions$163,742TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAPARTMENT RENTSDesc
Total Revenue Column$4,838,871TotalRevenueColumnAmt
Related Or Exempt Func Income$4,838,871RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,838,871TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,602TotalRevenueColumnAmt
Exclusion$33,602ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,036,215TotalRevenueColumnAmt
Related Or Exempt Func Income$4,838,871RelatedOrExemptFuncIncomeAmt
Exclusion$33,602ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$177,466TotalAmt
Management And General$177,466ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,792TotalAmt
Management And General$21,792ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,001TotalAmt
Management And General$14,001ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,292TotalAmt
Program Services$38,292ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$122,732TotalAmt
Program Services$122,732ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,118,267TotalAmt
Program Services$1,118,267ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,463,767TotalAmt
Program Services$1,463,767ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$36,000TotalAmt
Program Services$36,000ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$672,932TotalAmt
Program Services$672,932ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$598,883TotalAmt
Program Services$598,883ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MGT COMPANY PAYROLL COSTS$663,794$663,794
BAD DEBT EXPENSE$108,430$108,430
TRUSTEE, ISSUER AND SERVI$57,875$57,875
COMPLIANCE$40,128$40,128

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$79,783TotalAmt
Program Services$79,783ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,214,142TotalAmt
Program Services$5,000,883ProgramServicesAmt
Management And General$213,259ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$64,530BOYAmt
EOY$65,931EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,886BOYAmt
EOY$48,100EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$246,677BOYAmt
EOY$288,794EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$23,991,170LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,203,155LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$18,235,872BOYAmt
EOY$17,788,015EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$705,567BOYAmt
EOY$677,815EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$745,269BOYAmt
EOY$1,041,960EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,064,801BOYAmt
EOY$19,910,615EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,883,435BOYAmt
EOY$2,199,150EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,306,436BOYAmt
EOY$19,031,301EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,356,015BOYAmt
EOY$2,349,249EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,501BOYAmt
EOY$42,428EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,598,387BOYAmt
EOY$23,622,128EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$3,533,586BOYAmt
EOY-$3,711,513EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$3,533,586BOYAmt
EOY-$3,711,513EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,064,801BOYAmt
EOY$19,910,615EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$177,927ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$852,537CurrentTaxYearMinus1YearAmt
Current Tax Year$163,742CurrentTaxYearAmt
Total$1,016,279TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,328,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,399,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,607,661CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,695,891CurrentTaxYearMinus1YearAmt
Current Tax Year$4,838,871CurrentTaxYearAmt
Total$22,869,814TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,328,116CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,399,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,607,661CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,548,428CurrentTaxYearMinus1YearAmt
Current Tax Year$5,002,613CurrentTaxYearAmt
Total$23,886,093TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$23,886,093PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,616CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,420CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,791CurrentTaxYearMinus1YearAmt
Current Tax Year$33,602CurrentTaxYearAmt
Total$48,459TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,616CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,420CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,791CurrentTaxYearMinus1YearAmt
Current Tax Year$33,602CurrentTaxYearAmt
Total$48,459TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,336,732CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,400,695CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,607,691CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,553,219CurrentTaxYearMinus1YearAmt
Current Tax Year$5,036,215CurrentTaxYearAmt
Total$23,934,552TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99800PublicSupportCY509Pct
Public Support PY5090.99910PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,750,790OtherCostOrOtherBasisAmt
Book Value$2,750,790BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,314,764OtherCostOrOtherBasisAmt
Depreciation$4,917,061DepreciationAmt
Book Value$14,397,703BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,925,616OtherCostOrOtherBasisAmt
Depreciation$1,286,094DepreciationAmt
Book Value$639,522BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,788,015TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescBOND TRUSTEE FUNDSDesc
Book Value$1,041,960BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,041,960TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
PREPAID REVENUE$10,768
PREPAID REVENUE$9,589
TENANT DEPOSIT PAYABLE$9,449
PREPAID REVENUE$9,072
TENANT DEPOSIT PAYABLE$1,900
TENANT DEPOSIT PAYABLE$1,650
FieldValueIRS element (for citing)
Total Liability$42,428TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$5,036,215TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$5,036,215RevenueSubtotalAmt
Total Revenue Per Form990$5,036,215TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,214,142TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$5,214,142ExpensesSubtotalAmt
Total Expenses Per Form990$5,214,142TotalExpensesPerForm990Amt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
BCHFC SENIOR SERIES 2013A BONDS
A5212944300000883792014-06-30$19,924,000PURCHASE APARTMENT COMPLEXfalsefalsefalse
BCHFC SUBORDINATE SERIES 2013B BOND
B5212944300000883792014-06-30$1,011,000PURCHASE APARTMENT COMPLEXfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
Afalsefalsefalsefalse
Bfalsefalsefalsefalse

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalsefalsefalsefalse
Bfalsefalsefalsefalsefalsefalsefalse

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
Afalsefalsefalsefalsefalsefalsefalsefalsefalse
Bfalsefalsefalsefalsefalsefalsefalsefalsefalse

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
Afalse
Bfalse

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PURPOSE OF ISSUE DESCRIPTIONBCHFC SENIOR SERIES 2013A BONDS PURCHASE APARTMENT COMPLEX
PURPOSE OF ISSUE DESCRIPTIONBCHFC SUBORDINATE SERIES 2013B BONDS PURCHASE APARTMENT COMPLEX

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Business Name Line2NameOfInterested/BusinessName/BusinessNameLine2TxtRelationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
AMERICAN AGAPE FOUNDATION INC
AMERICAN AGAPE FOUNDATION INCCOMMON DIRECTOR$36,000ASSET MGT FEESfalse
AMERICAN AGAPE FOUNDATION INC
AMERICAN AGAPE FOUNDATION INCCOMMON DIRECTOR$163,742GRANT REVENUEfalse
AOFH-WATERFORDKINGSWOOD LLC
AOFH-WATERFORD/KINGSWOOD LLCCOMMON DIRECTOR$2,428,079SELLER CARRY NOTEfalse
FORESIGHT ASSET MANAGEMENT LLC
FORESIGHT ASSET MANAGEMENT LLCCOMMON OFFICER$217,594MGT FEES/COMPLIANCEfalse

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 3ALL DAY-TO-DAY OPERATIONS AT THE APARTMENT COMPLEXES ARE MANAGED BY FORESIGHT ASSET MANAGEMENT, LLC.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE FORM 990 IS PROVIDED TO MR. STARR, THE PRESIDENT, BEFORE FILING. MR. STARR REVIEWS AND APPROVES THE FORM 990 BEFORE BEING FILED WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12CIF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH A BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBEL CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PAGE 6, PART VI, LINE 19ALL DOCUMENTS AVAILABLE UPON WRITTEN REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (20 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
AGAPE RAYMONDVILLE PROPERTIES INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216742636695HOUSINGTX50110N/Afalse
AGAPE UVALDE PROPERTIES INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216742745654HOUSINGTX50110N/Afalse
AGAPE CENTRAL TEXAS PROPERTIES INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216742734425HOUSINGTX50110N/Afalse
AMERICAN AGAPE FOUNDATION INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216752249382HOUSINGTX50110N/Afalse
AMERICAN OPPORTUNITY FOR HOUSING
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216481113427HOUSINGTX50110N/Afalse
AGAPE COSTA BISCAYA GP INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216364713005HOUSINGTX50110N/Afalse
AGAPE COSTA CADIZ GP INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216364713008HOUSINGTX50110N/Afalse
AGAPE BEAUVOIR MANOR INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216460668148HOUSINGMS50110N/Afalse
AGAPE COLINAS INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216264622848HOUSINGTX50110N/Afalse
AGAPE PERRIN SQUARE INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216461208874HOUSINGTX50110N/Afalse
AGAPE WILLIAMCREST INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216472042063HOUSINGTX50110N/Afalse
AGAPE GULFGATE INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216371770335HOUSINGTX50110N/Afalse
AGAPE HERITAGE SQUARE INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216611721686HOUSINGTX50110N/Afalse
AGAPE MEADOWCREEK INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216371804350HOUSINGTX50110N/Afalse
AGAPE BERRENDO-LAUREL INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216383979338HOUSINGTX50110N/Afalse
AGAPE HIMBOLA MANOR INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216352545540HOUSINGLA50110N/Afalse
AGAPE CANAAN TOWERS INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216320478583HOUSINGLA50110N/Afalse
AGAPE 2015 PORTFOLIO INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216352526932HOUSINGAR50110N/Afalse
AGAPE VMC INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216364882092HOSP DEVTX50110N/Afalse
AGAPE LAS PALMAS INC
7334 BLANCO ROAD STE 200SAN ANTONIOTX78216371901593HOUSINGTX50110N/Afalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
AMERICAN AGAPE FOUNDATION INC
C$163,742
AOFH-WATERFORDKINGSWOOD LLC
E$2,428,079
AMERICAN AGAPE FOUNDATION INC
M$36,000
FORESIGHT ASSET MANAGEMENT LLC
M$217,594

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