BRIGHTON ALLSTON ELDERLY HOMES INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: BRIGHTON ALLSTON ELDERLY HOMES INC (EIN 04-2679926)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-12
IRS object ID: 201943169349306474
Schema version: 2018v3.1
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-12T17:46:26-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	043097400	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KEVIN P MARTIN ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 FORBES WEST	AddressLine1Txt
City	BRAINTREE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02184	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042679926	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRIGHTON ALLSTON ELDERLY HOMES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BRIG	BusinessNameControlTxt
Phone	7818490011	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O CORCORAN MGMT 100 GRANDVIEW RD	AddressLine1Txt
City	BRAINTREE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02184	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KAREN SMITH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7818490011	PhoneNum
Signature	2019-10-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOLANTA TUCK CPA	PreparerPersonNm
PTIN	P01340068	PTIN
Phone	7813803520	PhoneNum
Preparation	2019-10-25	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	70.91.219.129	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-10-25	IPDt
IP Tm	12:52:31	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	D3B801030BFEB0406CB9160AD948ED3FDE4B8125	AtSubmissionCreationDeviceId
At Submission Filing Device Id	998CA6B53565BAA369034A5D283D257FCC86B360	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KAREN SMITH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	59 ALDIE ST	AddressLine1Txt
City	ALLSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02134	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,936,656	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1978	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE EIGHTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY OR HANDICAPPED PERSONS TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,596,040	PYContributionsGrantsAmt
CY Contributions Grants	$1,663,543	CYContributionsGrantsAmt
PY Program Service Revenue	$358,717	PYProgramServiceRevenueAmt
CY Program Service Revenue	$263,395	CYProgramServiceRevenueAmt
PY Investment Income	$541	PYInvestmentIncomeAmt
CY Investment Income	$1,644	CYInvestmentIncomeAmt
PY Other Revenue	$14,325	PYOtherRevenueAmt
CY Other Revenue	$8,074	CYOtherRevenueAmt
PY Total Revenue	$1,969,623	PYTotalRevenueAmt
CY Total Revenue	$1,936,656	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,413,254	PYOtherExpensesAmt
CY Other Expenses	$1,508,759	CYOtherExpensesAmt
PY Total Expenses	$1,413,254	PYTotalExpensesAmt
CY Total Expenses	$1,508,759	CYTotalExpensesAmt
PY Revenues Less Expenses	$556,369	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$427,897	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,339,189	TotalAssetsBOYAmt
Total Assets EOY	$3,357,283	TotalAssetsEOYAmt
Total Liabilities BOY	$3,674,342	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,264,539	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$335,153	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$92,744	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE AFFORDABLE RENTAL UNITS FOR ELDERLY AND HANDICAPPED PERSONS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,367,861	ExpenseAmt
Revenue	$271,469	RevenueAmt
Desc	PROVIDED EIGHTY RENTAL UNITS OF HOUSING ON A NON-PROFIT BASIS FOR ELDERLY OR HANDICAPPED PERSONS TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS	Desc
Total Program Service Expenses	$1,367,861	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORCORAN MANAGEMENT CO INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7818490014	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 GRANDVIEW ROAD SUITE 207	AddressLine1Txt
City	BRAINTREE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02184	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KAREN SMITH
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM CORRIGAN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JANE MCHALE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MARY DOLAN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ROBERT MARSHALL
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
JAMES GIBBONS
CLERK	1.00	Yes (X)	Yes (X)	$0	$0	$0
DAVID MCNAIR
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MILLIE HOLLUM-MCLAUGHLIN
DIRECTOR	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORCORAN MANAGEMENT COMPANY	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 GRANDVIEW ROAD SUITE 207	AddressLine1Txt
City	BRAINTREE	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02184	ZIPCd

Field	Value	IRS element (for citing)
Services	MANAGEMENT SERVICES	ServicesDesc
Compensation	$353,450	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,663,543	GovernmentGrantsAmt
Total Contributions	$1,663,543	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	TENANT RENTAL INCOME	Desc
Business	531110	BusinessCd
Total Revenue Column	$263,395	TotalRevenueColumnAmt
Related Or Exempt Func Income	$263,395	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$263,395	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,644	TotalRevenueColumnAmt
Exclusion	$1,644	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	LAUNDRY & OTHER INCOME	Desc
Business	531110	BusinessCd
Total Revenue Column	$5,527	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,527	RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,547	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,547	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$8,074	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,936,656	TotalRevenueColumnAmt
Related Or Exempt Func Income	$271,469	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,644	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$116,037	TotalAmt
Program Services	$5,600	ProgramServicesAmt
Management And General	$110,437	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$22,575	TotalAmt
Management And General	$22,575	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$243,013	TotalAmt
Program Services	$243,013	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$333	TotalAmt
Program Services	$333	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$63,009	TotalAmt
Program Services	$55,123	ProgramServicesAmt
Management And General	$7,886	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$853,889	TotalAmt
Program Services	$853,889	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$194,435	TotalAmt
Program Services	$194,435	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$14,361	TotalAmt
Program Services	$14,361	ProgramServicesAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	RECAPTURE OF RESIDUAL R	Desc
Total	$9	TotalAmt
Program Services	$9	ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,098	TotalAmt
Program Services	$1,098	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,508,759	TotalAmt
Program Services	$1,367,861	ProgramServicesAmt
Management And General	$140,898	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$428,328	BOYAmt
EOY	$391,925	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,021	BOYAmt
EOY	$486	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$58,194	BOYAmt
EOY	$57,935	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,137,667	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,477,357	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,779,951	BOYAmt
EOY	$1,660,310	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,069,695	BOYAmt
EOY	$1,246,627	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,339,189	BOYAmt
EOY	$3,357,283	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$473,841	BOYAmt
EOY	$366,809	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$318	BOYAmt
EOY	$423	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$19,755	BOYAmt
EOY	$21,786	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$3,180,415	BOYAmt
EOY	$2,875,499	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$13	BOYAmt
EOY	$22	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,674,342	BOYAmt
EOY	$3,264,539	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$335,153	BOYAmt
EOY	$92,744	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$335,153	BOYAmt
EOY	$92,744	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,339,189	BOYAmt
EOY	$3,357,283	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$427,897	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,187,623	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,182,948	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,208,040	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,596,040	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,663,543	CurrentTaxYearAmt
Total	$6,838,194	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$400,016	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$430,256	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$448,474	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$358,717	CurrentTaxYearMinus1YearAmt
Current Tax Year	$263,395	CurrentTaxYearAmt
Total	$1,900,858	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,587,639	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,613,204	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,656,514	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,954,757	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,926,938	CurrentTaxYearAmt
Total	$8,739,052	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$8,739,052	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$638	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$526	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$516	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$541	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,644	CurrentTaxYearAmt
Total	$3,865	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$638	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$526	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$516	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$541	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,644	CurrentTaxYearAmt
Total	$3,865	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$15,632	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$35,158	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,496	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$14,325	CurrentTaxYearMinus1YearAmt
Current Tax Year	$8,074	CurrentTaxYearAmt
Total	$79,685	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,603,909	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,648,888	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,663,526	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,969,623	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,936,656	CurrentTaxYearAmt
Total	$8,822,602	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99050	PublicSupportCY509Pct
Public Support PY509	0.99050	PublicSupportPY509Pct
Investment Income CY	0.00040	InvestmentIncomeCYPct
Investment Income PY	0.00030	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$256,321	OtherCostOrOtherBasisAmt
Book Value	$256,321	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,529,163	OtherCostOrOtherBasisAmt
Depreciation	$2,911,812	DepreciationAmt
Book Value	$617,351	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$815,968	OtherCostOrOtherBasisAmt
Depreciation	$195,768	DepreciationAmt
Book Value	$620,200	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$34,404	OtherCostOrOtherBasisAmt
Depreciation	$34,404	DepreciationAmt
Book Value	$0	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$501,811	OtherCostOrOtherBasisAmt
Depreciation	$335,373	DepreciationAmt
Book Value	$166,438	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,660,310	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt
TAX AND INSURANCE ESCROW	$288,870
RESERVE FOR REPLACEMENT	$861,022
TENANT SECURITY DEPOSIT ESCROW	$27,515
SPECIAL DEVELOPMENT ESCROW	$44,434
RESIDUAL RECEIPTS RESERVE	$19,772
MORTGAGE INSURANCE PREMIUM ESCROW	$5,014

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$1,246,627	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	RESIDUAL RECEIPTS PAYABLE	Desc
Amt	$22	Amt

Field	Value	IRS element (for citing)
Total Liability	$22	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$1,965,072	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$28,416	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$28,416	RevenueNotReportedAmt
Revenue Subtotal	$1,936,656	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,936,656	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,537,175	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$28,416	DonatedServicesUseFcltsAmt
Expenses Not Reported	$28,416	ExpensesNotReportedAmt
Expenses Subtotal	$1,508,759	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,508,759	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART IV, LINE 2B:	FormAndLineReferenceDesc
Explanation	THE ESCROW LIABILITY AMOUNTS OF FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS, WHICH ARE HELD IN A SEPARATE BANK ACCOUNT. THE DEPOSITS ARE REFUNDED TO THE TENANT UPON TERMINATION OF THE LEASE.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THE CORPORATION INCURRED A MANAGEMENT FEE OF $106,597, FOR THE YEAR ENDED DECEMBER 31, 2018 DUE TO CORCORAN MANAGEMENT COMPANY. THE MANAGEMENT FEE IS EQUAL TO 5.5% OF TOTAL GROSS COLLECTIONS. THE AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION, OR THE CORCORAN MANAGEMENT COMPANY. AS APPROVED BY HUD, ADDITIONAL MANAGEMENT FEES WERE INCURRED PER THE BETTER BUILDING CHALLENGE PROGRAM, EFFECTIVE JUNE 2014. THE ADDITIONAL FEES ARE EQUAL TO $4 PER UNIT PER MONTH. DURING THE YEAR ENDED DECEMBER 31, 2018, ADDITIONAL MANAGEMENT FEES OF $3,840 WERE INCURRED AND PAID.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT BEFORE IT IS SIGNED
FORM 990, PART VI, SECTION C, LINE 18	UPON REQUEST
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND THE FORM 990 ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT CURRENTLY HAVE WRITTEN POLICIES RELATED TO CONFLICTS OF INTEREST, WHISTLEBLOWER PROTECTION OR DOCUMENT RETENTION AND DESTRUCTION.
FORM 990, PART IX, LINE 11G	MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 243,013. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,013.