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THE MOUNT ZION SUBURBAN APARTMENTS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE MOUNT ZION SUBURBAN APARTMENTS INC (EIN 35-1590416)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-30
IRS object ID
202323039349301042
Schema version
2022v5.0
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)
Return2023-10-30T14:06:53-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271235638PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCM CPAS & ADVISORS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19229 DELEGATES ROW SUITE 250AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351590416EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MT ZION SUBURBAN APARTMENTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMTZIBusinessNameControlTxt
Phone3179211950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11712 N MERIDIAN STREET 300AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIS OLDHAMPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3179211950PhoneNum
Signature2023-10-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWILLISPersonFirstNm
Person LastOLDHAMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTINE KEITH CPAPreparerPersonNm
PTINP00963290PTIN
Phone3173475200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIS OLDHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12039 EMILY DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46260ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,160,570GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1974FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTO PROVIDE HOUSING FOR THE ELDERLY & HANDICAPPEDActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$66,031PYContributionsGrantsAmt
CY Contributions Grants$3,669CYContributionsGrantsAmt
PY Program Service Revenue$1,158,373PYProgramServiceRevenueAmt
CY Program Service Revenue$1,119,176CYProgramServiceRevenueAmt
PY Investment Income$4,295PYInvestmentIncomeAmt
CY Investment Income$12,475CYInvestmentIncomeAmt
PY Other Revenue$4,028PYOtherRevenueAmt
CY Other Revenue$25,250CYOtherRevenueAmt
PY Total Revenue$1,232,727PYTotalRevenueAmt
CY Total Revenue$1,160,570CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$234,384PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$191,796CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$816,105PYOtherExpensesAmt
CY Other Expenses$967,081CYOtherExpensesAmt
PY Total Expenses$1,050,489PYTotalExpensesAmt
CY Total Expenses$1,158,877CYTotalExpensesAmt
PY Revenues Less Expenses$182,238PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,693CYRevenuesLessExpensesAmt
Total Assets BOY$1,721,222TotalAssetsBOYAmt
Total Assets EOY$1,677,284TotalAssetsEOYAmt
Total Liabilities BOY$120,803TotalLiabilitiesBOYAmt
Total Liabilities EOY$75,172TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,600,419NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,602,112NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HOUSING FOR THE ELDERLY & HANDICAPPED.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,096,262ExpenseAmt
Revenue$1,144,426RevenueAmt
DescPROVIDED LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED.Desc
Total Program Service Expenses$1,096,262TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIANGLE ASSOCIATES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3179211950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11712 N MERIDIAN STAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
IVAN BAIRD
BOARD MEMBER2.00Yes (X)$0$0$0
PHILLIP CONNOR
BOARD MEMBER2.00Yes (X)$0$0$0
SHEILA COOPER
BOARD MEMBER2.00Yes (X)$0$0$0
ANTHONY DEFORREST
BOARD MEMBER2.00Yes (X)$0$0$0
MALCOLM ORTON
BOARD MEMBER2.00Yes (X)$0$0$0
WILLIS OLDHAM
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
CARL TATE
SECRETARY2.00Yes (X)$0$0$0Yes (X)
DORIS J DOGGETT
TREASURER2.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$3,669GovernmentGrantsAmt
Total Contributions$3,669TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TENANT ASSISTANCE531110$778,777$778,777
RENTAL INCOME531110$340,399$340,399
FieldValueIRS element (for citing)
Total Program Service Revenue$1,119,176TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,475TotalRevenueColumnAmt
Exclusion$12,475ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER TENANT CHARGES531110$19,397$19,397
LAUNDRY & VENDING INCO531110$5,853$5,853
FieldValueIRS element (for citing)
Other Revenue Total$25,250OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,160,570TotalRevenueColumnAmt
Related Or Exempt Func Income$1,144,426RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$12,475ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$112,903TotalAmt
Program Services$100,780ProgramServicesAmt
Management And General$12,123ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,589TotalAmt
Program Services$4,589ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$54,027TotalAmt
Program Services$54,027ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,277TotalAmt
Program Services$18,100ProgramServicesAmt
Management And General$2,177ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$75,429TotalAmt
Program Services$51,951ProgramServicesAmt
Management And General$23,478ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$939TotalAmt
Management And General$939ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,475TotalAmt
Management And General$8,475ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$108,313TotalAmt
Program Services$92,890ProgramServicesAmt
Management And General$15,423ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$618,989TotalAmt
Program Services$618,989ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$30,749TotalAmt
Program Services$30,749ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$63,972TotalAmt
Program Services$63,972ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
ELDERLY CARE EXPENSE$49,216$49,216
MISCELLANEOUS EXPENSE$10,630$10,630
BAD DEBT EXPENSE$369$369

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,158,877TotalAmt
Program Services$1,096,262ProgramServicesAmt
Management And General$62,615ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,814BOYAmt
EOY$7,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$636,596BOYAmt
EOY$701,770EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,706BOYAmt
EOY$69,285EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,049BOYAmt
EOY$43,190EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,644,128LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,273,248LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$351,618BOYAmt
EOY$370,880EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$664,439BOYAmt
EOY$485,159EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,721,222BOYAmt
EOY$1,677,284EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$78,902BOYAmt
EOY$27,695EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,418BOYAmt
EOY$23,179EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,369BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,114BOYAmt
EOY$24,298EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$120,803BOYAmt
EOY$75,172EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,600,419BOYAmt
EOY$1,602,112EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,600,419BOYAmt
EOY$1,602,112EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,721,222BOYAmt
EOY$1,677,284EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,693ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$699,443CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$730,836CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$769,101CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$846,581CurrentTaxYearMinus1YearAmt
Current Tax Year$782,446CurrentTaxYearAmt
Total$3,828,407TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$699,443CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$730,836CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$769,101CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$846,581CurrentTaxYearMinus1YearAmt
Current Tax Year$782,446CurrentTaxYearAmt
Total$3,828,407TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,828,407PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$378,714CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$388,859CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$372,483CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$386,146CurrentTaxYearMinus1YearAmt
Current Tax Year$378,124CurrentTaxYearAmt
Total$1,904,326TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$434CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$87CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,462CurrentTaxYearMinus2YearsAmt
Total$2,983TotalAmt
FieldValueIRS element (for citing)
Total Support$5,735,716TotalSupportAmt
Public Support CY1700.66750PublicSupportCY170Pct
Public Support PY1700.66510PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$94,000OtherCostOrOtherBasisAmt
Book Value$94,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,761,419OtherCostOrOtherBasisAmt
Depreciation$1,595,716DepreciationAmt
Book Value$165,703BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$664,289OtherCostOrOtherBasisAmt
Depreciation$553,112DepreciationAmt
Book Value$111,177BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$67,486OtherCostOrOtherBasisAmt
Depreciation$67,486DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$56,934OtherCostOrOtherBasisAmt
Depreciation$56,934DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$370,880TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
TENANT SECURITY DEPOSITS$26,914
REPLACEMENT RESERVES$458,245
FieldValueIRS element (for citing)
Total Book Value Other Assets$485,159TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITSDesc
Amt$24,298Amt
FieldValueIRS element (for citing)
Total Liability$24,298TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,160,570TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,160,570RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,160,570TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,158,877TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,158,877ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,158,877TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CORPORATION HAS EVALUATED TAX POSITIONS TAKEN IN THE TAX RETURNS FILED AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO TRIANGLE ASSOCIATES, INC., THE MANAGEMENT AGENT OF THE PROJECT.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE MANAGEMENT AGENT OF THE PROJECT.
FORM 990, PART VI, SECTION B, LINE 15PAY INCREASES MUST BE APPROVED BY THE BOARD OF DIRECTORS, MANAGEMENT AGENT APPROVED BY HUD.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE AUDIT AND SELECTS AN INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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