AMERICAN AGAPE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AMERICAN AGAPE FOUNDATION INC (EIN 30-0783184)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-06-04
IRS object ID
202531559349300733
Schema version
2024v5.0
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)
Return2025-06-04T11:38:01-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-05-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEREK RAYPreparerPersonNm
PTINP01218850PTIN
Phone4327583226PhoneNum
Preparation2025-05-27PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$4,952,075GrossReceiptsAmt
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$163,742PYContributionsGrantsAmt
CY Contributions Grants$213,667CYContributionsGrantsAmt
PY Program Service Revenue$4,838,871PYProgramServiceRevenueAmt
CY Program Service Revenue$4,691,038CYProgramServiceRevenueAmt
PY Investment Income$33,602PYInvestmentIncomeAmt
CY Investment Income$47,370CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,036,215PYTotalRevenueAmt
CY Total Revenue$4,952,075CYTotalRevenueAmt
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$5,214,142PYOtherExpensesAmt
CY Other Expenses$5,645,922CYOtherExpensesAmt
PY Total Expenses$5,214,142PYTotalExpensesAmt
CY Total Expenses$5,645,922CYTotalExpensesAmt
PY Revenues Less Expenses-$177,927PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$693,847CYRevenuesLessExpensesAmt
Total Assets BOY$19,910,615TotalAssetsBOYAmt
Total Assets EOY$19,755,377TotalAssetsEOYAmt
Total Liabilities BOY$23,622,128TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,160,737TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$3,711,513NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$4,405,360NetAssetsOrFundBalancesEOYAmt
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$5,441,208ExpenseAmt
Revenue$4,691,038RevenueAmt
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$5,441,208TotalProgramServiceExpensesAmt
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$213,667AllOtherContributionsAmt
Total Contributions$213,667TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAPARTMENT RENTSDesc
Total Revenue Column$4,691,038TotalRevenueColumnAmt
Related Or Exempt Func Income$4,691,038RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,691,038TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$47,370TotalRevenueColumnAmt
Exclusion$47,370ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,952,075TotalRevenueColumnAmt
Related Or Exempt Func Income$4,691,038RelatedOrExemptFuncIncomeAmt
Exclusion$47,370ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$174,008TotalAmt
Management And General$174,008ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$16,207TotalAmt
Management And General$16,207ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,499TotalAmt
Management And General$14,499ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$28,352TotalAmt
Program Services$28,352ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$135,606TotalAmt
Program Services$135,606ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,200,791TotalAmt
Program Services$1,200,791ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,698,819TotalAmt
Program Services$1,698,819ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$675,614TotalAmt
Program Services$675,614ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$738,663TotalAmt
Program Services$738,663ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MGT COMPANY PAYROLL COSTS$698,054$698,054
BAD DEBT EXPENSE$72,444$72,444
TRUSTEE, ISSUER AND SERVI$60,333$60,333
COMPLIANCE$40,128$40,128

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$56,404TotalAmt
Program Services$56,404ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,645,922TotalAmt
Program Services$5,441,208ProgramServicesAmt
Management And General$204,714ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$65,931BOYAmt
EOY$74,834EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$48,100BOYAmt
EOY$134,899EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$288,794BOYAmt
EOY$334,128EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,352,051LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,851,017LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,788,015BOYAmt
EOY$17,501,034EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$677,815BOYAmt
EOY$650,064EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,041,960BOYAmt
EOY$1,060,418EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$19,910,615BOYAmt
EOY$19,755,377EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,199,150BOYAmt
EOY$2,539,579EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,031,301BOYAmt
EOY$18,738,931EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,349,249BOYAmt
EOY$2,857,196EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$42,428BOYAmt
EOY$25,031EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,622,128BOYAmt
EOY$24,160,737EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$3,711,513BOYAmt
EOY-$4,405,360EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$3,711,513BOYAmt
EOY-$4,405,360EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,910,615BOYAmt
EOY$19,755,377EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$693,847ReconcilationRevenueExpnssAmt
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 Minus2 Years$852,537CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$163,742CurrentTaxYearMinus1YearAmt
Current Tax Year$213,667CurrentTaxYearAmt
Total$1,229,946TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,399,275CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,607,661CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,695,891CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,838,871CurrentTaxYearMinus1YearAmt
Current Tax Year$4,691,038CurrentTaxYearAmt
Total$23,232,736TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,399,275CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,607,661CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,548,428CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,002,613CurrentTaxYearMinus1YearAmt
Current Tax Year$4,904,705CurrentTaxYearAmt
Total$24,462,682TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$24,462,682PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,420CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,791CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,602CurrentTaxYearMinus1YearAmt
Current Tax Year$47,370CurrentTaxYearAmt
Total$87,213TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,420CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,791CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,602CurrentTaxYearMinus1YearAmt
Current Tax Year$47,370CurrentTaxYearAmt
Total$87,213TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,400,695CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,607,691CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,553,219CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,036,215CurrentTaxYearMinus1YearAmt
Current Tax Year$4,952,075CurrentTaxYearAmt
Total$24,549,895TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99640PublicSupportCY509Pct
Public Support PY5090.99800PublicSupportPY509Pct
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$19,543,479OtherCostOrOtherBasisAmt
Depreciation$5,409,425DepreciationAmt
Book Value$14,134,054BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,057,782OtherCostOrOtherBasisAmt
Depreciation$1,441,592DepreciationAmt
Book Value$616,190BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,501,034TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescBOND TRUSTEE FUNDSDesc
Book Value$1,060,418BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,060,418TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
PREPAID REVENUE$8,985
TENANT DEPOSIT PAYABLE$7,600
PREPAID REVENUE$4,186
TENANT DEPOSIT PAYABLE$1,900
PREPAID REVENUE$1,310
TENANT DEPOSIT PAYABLE$1,050
FieldValueIRS element (for citing)
Total Liability$25,031TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$4,952,075TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$4,952,075RevenueSubtotalAmt
Total Revenue Per Form990$4,952,075TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,645,922TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$5,645,922ExpensesSubtotalAmt
Total Expenses Per Form990$5,645,922TotalExpensesPerForm990Amt

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 (5 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$213,667GRANT REVENUEfalse
AOFH-WATERFORDKINGSWOOD LLC
AOFH-WATERFORD/KINGSWOOD LLCCOMMON DIRECTOR$2,558,894SELLER CARRY NOTEfalse
FORESIGHT ASSET MANAGEMENT LLC
FORESIGHT ASSET MANAGEMENT LLCCOMMON OFFICER$214,136MGT FEES/COMPLIANCEfalse
AMERICAN AGAPE FOUNDATION INC
AMERICAN AGAPE FOUNDATION INCCOMMON DIRECTO$820,657NOTE PAYABLEfalse

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 (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
AMERICAN AGAPE FOUNDATION INC
C$213,667
AOFH-WATERFORDKINGSWOOD LLC
E$2,558,894
AMERICAN AGAPE FOUNDATION INC
M$36,000
FORESIGHT ASSET MANAGEMENT LLC
M$214,136
AMERICAN AGAPE FOUNDATION INC
E$820,657

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