ALLEN A M E HOUSING CORP: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: ALLEN A M E HOUSING CORP (EIN 11-2600290)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2013-06-11
IRS object ID: 201321629349300812
Schema version: 2011v1.2
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 J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-06-11T15:02:29-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Yeboa & Lawrence CPAs LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	629 Fifth Avenue	AddressLine1
City	Pelham	City
State	NY	State
ZIP Code	10803	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	112600290	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ALLEN AME HOUSING CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ALLE	NameControl
Phone	7186571803	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	110-42 MERRICK BOULEVARD	AddressLine1
City	JAMAICA	City
State	NY	State
ZIP Code	11433	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Floyd Flake	Name
Title	Chief Exective Officer	Title
Date Signed	2013-06-11	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Pauline Tate	Name
Phone	9147120312	Phone
Date Prepared	2013-06-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Floyd Flake	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	110-31 Merrick Blvd	AddressLine1
City	Jamaica	City
State	NY	State
ZIP Code	11433	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1580563	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1992	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	The corporation provides affordable housing to the underserved, economically challanged individuals of the South Jamaica Community of Queens, New York.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	6	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	75225	ContributionsGrantsPriorYear
Contributions Grants Current Year	636784	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	439544	ProgramServiceRevenuePriorYear
Program Service Revenue CY	507548	ProgramServiceRevenueCY
Investment Income Current Year	287324	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	514769	TotalRevenuePriorYear
Total Revenue Current Year	1431656	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	788208	SalariesEtcPriorYear
Salaries Etc Current Year	464449	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	680535	OtherExpensePriorYear
Other Expenses Current Year	576074	OtherExpensesCurrentYear
Total Expenses Prior Year	1468743	TotalExpensesPriorYear
Total Expenses Current Year	1040523	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-953974	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	391133	RevenuesLessExpensesCY
Total Assets BOY	6683611	TotalAssetsBOY
Total Assets EOY	7015944	TotalAssetsEOY
Total Liabilities BOY	2174896	TotalLiabilitiesBOY
Total Liabilities EOY	2116096	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4508715	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4899848	NetAssetsOrFundBalancesEOY
Mission Description	The organization provides affordable housing to economically challenged residence of South Queens, New York.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	959910	Expense
Revenue	1288490	Revenue
Description	The Corporation provides affordable housing to eligible applicants residing in the South Queens Neighborhood. Some Commercial spaces are rented to businesses to subsidize the below market rents charged to residence.	Description
Total Program Service Expense	959910	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	true	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	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
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
Transaction Related Entity	false	TransactionRelatedEntity
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
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	5	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
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
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	6	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	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	true	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	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	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	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Kevin Howard	NamePerson
Telephone Number	7186571803	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	110-42 Merrick Blvd	AddressLine1
City	Jamaica	City
State	NY	State
ZIP Code	11433	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Ervin Francis
Board Chairperson	010.00	X	X	0	0	0
Floyd Flake
Corporate CEO	030.00	X	X	150001	0	0	X	X
Steve Roberts
Assist. Chairperson	010.00	X	X	0	0	0
Tarrence Franklin
Treasurer	010.00	X	X	0	0	0
Sharon Highland
Board Member	005.00	X		0	0	0
Donna Atmore -Dolly
Board Member	005.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	150001	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	636784	AllOtherContributions
Total Contributions	636784	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Rental Income	531110	414335	414335
Other income	531110	16713	16713
Developers fee	531110	76500	76500

Field	Value	IRS element (for citing)
Total Program Service Revenue	507548	TotalProgramServiceRevenue

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	436231	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	148907	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	287324	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	287324	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1431656	TotalRevenueColumn
Related Or Exempt Function Income	507548	RelatedOrExemptFunctionIncome

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	150000	Total
Program Services	135000	ProgramServices
Management And General	15000	ManagementAndGeneral

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	242999	Total
Program Services	218699	ProgramServices
Management And General	24300	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	37334	Total
Program Services	33600	ProgramServices
Management And General	3734	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	34116	Total
Program Services	30704	ProgramServices
Management And General	3412	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	31572	Total
Program Services	28415	ProgramServices
Management And General	3157	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	17000	Total
Program Services	15300	ProgramServices
Management And General	1700	ManagementAndGeneral

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	9098	Total
Program Services	8188	ProgramServices
Management And General	910	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	13316	Total
Program Services	11985	ProgramServices
Management And General	1331	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	51884	Total
Program Services	46696	ProgramServices
Management And General	5188	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	1203	Total
Program Services	1203	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	51883	Total
Program Services	46695	ProgramServices
Management And General	5188	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	72400	Total
Program Services	65160	ProgramServices
Management And General	7240	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Bad debt expense	50544	50544
Real estate taxes	182651	182651
Repair and maintenance	14947	13452	1495
Utilities	64510	58059	6451

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	15066	Total
Program Services	13559	ProgramServices
Management And General	1507	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1040523	Total
Program Services	959910	ProgramServices
Management And General	80613	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	90952	BOY
EOY	84171	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	470225	BOY
EOY	459511	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4500749	BOY
EOY	5116615	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3428968	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2090936	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1605671	BOY
EOY	1338032	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	16014	BOY
EOY	17615	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6683611	BOY
EOY	7015944	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	305634	BOY
EOY	568827	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	176097	BOY
EOY	90076	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	707147	BOY
EOY	611189	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	986018	BOY
EOY	846004	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2174896	BOY
EOY	2116096	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4508715	BOY
EOY	4899848	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4508715	BOY
EOY	4899848	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6683611	BOY
EOY	7015944	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	391133	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

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 Minus4 Years	2155000	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4450847	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	119974	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	75225	CurrentTaxYearMinus1Year
Current Tax Year	636784	CurrentTaxYear
Total	7437830	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	479173	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	469449	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	471217	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	416224	CurrentTaxYearMinus1Year
Current Tax Year	507548	CurrentTaxYear
Total	2343611	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year	287324	CurrentTaxYear
Total	287324	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2634173	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4920296	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	591191	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	491449	CurrentTaxYearMinus1Year
Current Tax Year	1431656	CurrentTaxYear
Total	10068765	Total

Field	Value	IRS element (for citing)
Public Support Total509	10068765	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	553797	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	32633	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	349172	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23320	CurrentTaxYearMinus1Year
Total	958922	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	553797	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	32633	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	349172	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23320	CurrentTaxYearMinus1Year
Total	958922	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	10450	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8120	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	9100	CurrentTaxYearMinus2Years
Total	27670	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	3198420	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4961049	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	949463	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	514769	CurrentTaxYearMinus1Year
Current Tax Year	1431656	CurrentTaxYear
Total	11055357	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.91080	PublicSupportPercentage509
Prior Year Support Percentage	0.89590	PriorYearSupportPercentage
Investment Income Percentage	0.08670	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.10130	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)
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	662044	OtherCostOrOtherBasis
Book Value	662044	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2538228	OtherCostOrOtherBasis
Depreciation	1436349	Depreciation
Book Value	519977	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	12841	OtherCostOrOtherBasis
Depreciation	7650	Depreciation
Book Value	5191	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	215855	OtherCostOrOtherBasis
Depreciation	65035	Depreciation
Book Value	150820	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1338032	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
Bank Line Of Credit	$787,310
Security deposits-Tenants	$47,420
Due to other investors	$11,250
Payroll taxes payable	-$4,675
Employee benefits payable	$4,351
Interest payable on security deposits	$348

Field	Value	IRS element (for citing)
Total Of Amounts	846004	TotalOfAmounts
Total Revenue	1431656	TotalRevenue
Total Expenses	1040523	TotalExpenses
Excess Or Deficit For Year	391133	ExcessOrDeficitForYear
Excess Or Deficit Per FS	391133	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1431656	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1431656	RevenueSubtotal
Total Revenue Per Form990	1431656	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1040523	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1040523	ExpensesSubtotal
Total Expenses Per Form990	1040523	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
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

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	Floyd Flake	NamePerson
Base Compensation Filing Org	150001	BaseCompensationFilingOrg
Total Compensation Filing Org	150001	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	11b	The CPA firm prepares the form 990 and delivers a copy to the Chairperson of the board of directors for examination of content and accuracy of reporting information. After a preliminary review of the tax return, the Chairperson distributes copies to each board member and the finance director for further review. Upon approval of the form, the CPA firm is notified to file the form electronically.
Form 990 Part VI	12c	The Organization monitors and enforces compliance of its conflict of interest policy. Each member of the board and key employees are required to file annually, a disclosure as to whether or not their assigned or voluntary service could give rise to any potential conflict of interest relating to matters of the organization. The chairperson of the board reviews the statement and ensures that compliance with the policy is being followed.
Form 990 Part VI	19	The organization makes it governing documents, financial statements and tax returns available upon request, either by fax, email or regular mailing.
		Form 990 Part VI Section B Line 11b The CPA firm prepares the form 990 and delivers a copy to the Chairperson of the board of directors for examination of content and accuracy of reporting information. After a preliminary review of the tax return, the Chairperson distributes copies to each board member and the finance director for further review. Upon approval of the form, the CPA firm is notified to file the form electronically. Form 990 Part VI Section B Line 12c The Organization monitors and enforces compliance of its conflict of interest policy. Each member of the board and key employees are required to file annually, a disclosure as to whether or not their assigned or voluntary service could give rise to any potential conflict of interest relating to matters of the organization. The chairperson of the board reviews the statement and ensures that compliance with the policy is being followed. Form 990 Part VI Section C Line 19 The organization makes it governing documents, financial statements and tax returns available upon request, either by fax, email or regular mailing.