INDEPENDENT HOUSING ADVOCATES INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: INDEPENDENT HOUSING ADVOCATES INC (EIN 74-2731735)
Tax period: 2012-02-01 to 2013-01-31
Filed: 2013-12-11
IRS object ID: 201303459349300340
Schema version: 2012v2.2
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 G
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-12-11T04:12:01-00:00	Timestamp
Tax Period End Date	2013-01-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Leal & Carter PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	16011 University Oak	AddressLine1
City	San Antonio	City
State	TX	State
ZIP Code	78249	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-02-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	742731735	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Independent Housing Advocates Inc Regal Village Apartments	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	INDE	NameControl
Phone	8067973162	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5001 W Loop 289	AddressLine1
City	Lubbock	City
State	TX	State
ZIP Code	79414	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Travis Pearson	Name
Title	President	Title
Phone	8067973162	Phone
Date Signed	2013-12-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Roberto Carter	Name
Phone	2106966206	Phone
Date Prepared	2013-12-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Travis Pearson	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	535 Bandera Rd	AddressLine1
City	San Antonio	City
State	TX	State
ZIP Code	78228	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	161784	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1994	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	To provide low income housing to those individuals who are physically or mentally disabled who need public housing assistance, as required by U.S. Department of Housing and Urban Development.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	83390	ContributionsGrantsPriorYear
Contributions Grants Current Year	81919	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	37596	ProgramServiceRevenuePriorYear
Program Service Revenue CY	40010	ProgramServiceRevenueCY
Investment Income Prior Year	74	InvestmentIncomePriorYear
Investment Income Current Year	30	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1999	OtherRevenuePriorYear
Other Revenue Current Year	39825	OtherRevenueCurrentYear
Total Revenue Prior Year	123059	TotalRevenuePriorYear
Total Revenue Current Year	161784	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	41766	SalariesEtcPriorYear
Salaries Etc Current Year	44269	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	111706	OtherExpensePriorYear
Other Expenses Current Year	157000	OtherExpensesCurrentYear
Total Expenses Prior Year	153472	TotalExpensesPriorYear
Total Expenses Current Year	201269	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-30413	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-39485	RevenuesLessExpensesCY
Total Assets BOY	992834	TotalAssetsBOY
Total Assets EOY	978897	TotalAssetsEOY
Total Liabilities BOY	1389349	TotalLiabilitiesBOY
Total Liabilities EOY	1414843	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-396515	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-435946	NetAssetsOrFundBalancesEOY
Mission Description	To provide low income housing to those individuals who are physically or mentally disabled who need public housing assistance, as required by U.S. Department of Housing and Urban Development.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	190153	Expense
Description	To provide low income housing to those individuals who are physically or mentally disabled who need public housing assistance, as required by U.S. Department of HUD.	Description
Total Program Service Expense	190153	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	false	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	TX	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Mc Dougal Property Managment LC	NamePerson
Telephone Number	8067973162	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5001 W Loop 289	AddressLine1
City	Lubbock	City
State	TX	State
ZIP Code	79414	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
Pete Ortiz
Director	001.00	X	0	0	0
Courtney Nevill
Treasurer	001.00		0	0	0	X
Travis Pearson
President	001.00		0	0	0	X
Kym Bolado
Vice President	001.00		0	0	0	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	81919	GovernmentGrants
Total Contributions	81919	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Rent Revenue	Description
Total Revenue Column	40010	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Program Service Revenue	40010	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	30	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn
Laundry and Vending Revenue	694
Tenant Charges	850
Miscellaneous Revenue	38281

Field	Value	IRS element (for citing)
Total Other Revenue	39825	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	161784	TotalRevenueColumn

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	34882	Total
Program Services	34882	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	0	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	6362	Total
Program Services	6362	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3025	Total
Program Services	3025	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	11116	Total
Management And General	11116	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	8852	Total
Program Services	8852	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	8640	Total
Program Services	8640	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	50	Total
Program Services	50	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	9909	Total
Program Services	9909	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	368	Total
Program Services	368	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	26231	Total
Program Services	26231	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	492	Total
Program Services	492	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	37347	Total
Program Services	37347	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Resident Activities	3848	3848
Repair Expenses	39565	39565
Operating and Maintenance Contracts	9752	9752

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	830	Total
Program Services	830	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	201269	Total
Program Services	190153	ProgramServices
Management And General	11116	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2638	BOY
EOY	18004	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	154	BOY
EOY	2240	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4585	BOY
EOY	4701	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1485235	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	568719	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	950007	BOY
EOY	916516	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	35450	BOY
EOY	37436	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	992834	BOY
EOY	978897	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	30	BOY
EOY	24813	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1496	BOY
EOY	1661	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1384767	BOY
EOY	1384876	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3056	BOY
EOY	3493	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1389349	BOY
EOY	1414843	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-396515	BOY
EOY	-435946	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-396515	BOY
EOY	-435946	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	992834	BOY
EOY	978897	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-39485	ReconcilationRevenueExpenses
Reconcilation Prior Adjustment	54	ReconcilationPriorAdjustment
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2
Public Support Total170	0	PublicSupportTotal170
Public Support Pertcentage170	0.00000	PublicSupportPertcentage170

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	83390	CurrentTaxYearMinus1Year
Current Tax Year	81919	CurrentTaxYear
Total	165309	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	130397	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	129680	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	127545	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	37596	CurrentTaxYearMinus1Year
Current Tax Year	40010	CurrentTaxYear
Total	465228	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	130397	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	129680	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	127545	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	120986	CurrentTaxYearMinus1Year
Current Tax Year	121929	CurrentTaxYear
Total	630537	Total

Field	Value	IRS element (for citing)
Public Support Total509	630537	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	150	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	68	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	62	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	74	CurrentTaxYearMinus1Year
Current Tax Year	30	CurrentTaxYear
Total	384	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	150	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	68	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	62	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	74	CurrentTaxYearMinus1Year
Current Tax Year	30	CurrentTaxYear
Total	384	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Total	0	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	130547	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	129748	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	127607	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	121060	CurrentTaxYearMinus1Year
Current Tax Year	121959	CurrentTaxYear
Total	630921	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99940	PublicSupportPercentage509
Prior Year Support Percentage	0.99900	PriorYearSupportPercentage
Investment Income Percentage	0.00060	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00100	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

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

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	129732	OtherCostOrOtherBasis
Book Value	129732	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1265740	OtherCostOrOtherBasis
Depreciation	521606	Depreciation
Book Value	744134	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	23093	OtherCostOrOtherBasis
Depreciation	19954	Depreciation
Book Value	3139	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	66670	OtherCostOrOtherBasis
Depreciation	27159	Depreciation
Book Value	39511	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	916516	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
Federal income taxes
Prepaid Revenue
Tenant Security Deposits	$3,493

Field	Value	IRS element (for citing)
Total Of Amounts	3493	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	161784	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	161784	RevenueSubtotal
Total Revenue Per Form990	161784	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	201269	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	201269	ExpensesSubtotal
Total Expenses Per Form990	201269	TotalExpensesPerForm990

Schedule G IRS990ScheduleG

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

ExplanationExplanation
Form 990 Part VI Section A Line 3 McDougal Property Managemet, LC serves as the organizations management company.
Form 990 Part VI Section A Line 8b The organization had no committees during this fiscal year.
Form 990 Part VI Section B Line 11b The Form 990 is reviewed by members of the governing body prior to submission.
Form 990 Part VI Section C Line 19 The organization maintains governing documents, conflict of interest policy, and financial statements at its offices and with the management company. These are available upon request at the discretion of management of the governing body.