ALLEN A M E HOUSING CORP: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ALLEN A M E HOUSING CORP (EIN 11-2600290)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-15
IRS object ID: 201342329349300914
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 D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-15T09:07:45-00:00	Timestamp
Tax Period End Date	2012-12-31	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	2012-01-01	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	2013-08-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Pauline Tate	Name
Phone	9147120312	Phone
Date Prepared	2013-08-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	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	1226767	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. The organization also works with local development projects on an administrative level to acquire funds used to augment the housing provision.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	5	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	636784	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	507548	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1226767	ProgramServiceRevenueCY
Investment Income Prior Year	287324	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	1431656	TotalRevenuePriorYear
Total Revenue Current Year	1226767	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	464449	SalariesEtcPriorYear
Salaries Etc Current Year	435651	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	576074	OtherExpensePriorYear
Other Expenses Current Year	1201295	OtherExpensesCurrentYear
Total Expenses Prior Year	1040523	TotalExpensesPriorYear
Total Expenses Current Year	1636946	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	391133	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-410179	RevenuesLessExpensesCY
Total Assets BOY	6974370	TotalAssetsBOY
Total Assets EOY	5759549	TotalAssetsEOY
Total Liabilities BOY	2202025	TotalLiabilitiesBOY
Total Liabilities EOY	1342445	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4772345	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4417104	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	1490597	Expense
Revenue	1490597	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	1490597	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
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
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	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
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
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	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	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 (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
Floyd Flake
Board Chairperson	010.00	X	X	X	X	150000	0	0
Simone Price
Secretary	003.00	X	X			0	0	0
Richard McEachen
Treasurer	003.00	X	X			0	0	0
June P Andrews-Henderson
Board Member	002.00	X	X			0	0	0
Sharon Highland
Board Member	002.00	X				0	0	0
Jacqueline E Arrington-Pinkard
Board Member	002.00	X				0	0	0
Gina L Bolden-Rivera
Board Member	002.00	X				0	0	0
Nadine Morency-Mohs
Board Member	002.00	X				0	0	0
Patricia Rubens
Board Member	002.00	X				0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	150000	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Rental Income	531110	413009	413009
Other income	531110	36365	36365
Developers fee	531110	777393	777393

Field	Value	IRS element (for citing)
Total Program Service Revenue	1226767	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1226767	TotalRevenueColumn
Related Or Exempt Function Income	1226767	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	225000	Total
Program Services	180000	ProgramServices
Management And General	45000	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	143769	Total
Program Services	115015	ProgramServices
Management And General	28754	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	37161	Total
Program Services	29694	ProgramServices
Management And General	7467	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	29721	Total
Program Services	23777	ProgramServices
Management And General	5944	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	15954	Total
Program Services	12763	ProgramServices
Management And General	3191	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	18500	Total
Program Services	14800	ProgramServices
Management And General	3700	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	15104	Total
Program Services	12083	ProgramServices
Management And General	3021	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8222	Total
Program Services	6578	ProgramServices
Management And General	1644	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	44472	Total
Program Services	35578	ProgramServices
Management And General	8894	ManagementAndGeneral

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	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	50132	Total
Program Services	40106	ProgramServices
Management And General	10026	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	109450	Total
Program Services	87560	ProgramServices
Management And General	21890	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	34092	Total
Program Services	27274	ProgramServices
Management And General	6818	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Bad debt expense	146754	146754
Real estate taxes	112740	112740
Repair and maintenance	24160	24160
Utilities	16938	16938

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	604777	Total
Program Services	604777	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1636946	Total
Program Services	1490597	ProgramServices
Management And General	146349	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	91804	BOY
EOY	15410	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	426679	BOY
EOY	287751	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4417633	BOY
EOY	4820558	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3241210	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2628099	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1327338	BOY
EOY	613111	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	710916	BOY
EOY	22719	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6974370	BOY
EOY	5759549	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	689283	BOY
EOY	417419	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	90364	BOY
EOY	86089	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	592147	BOY
EOY	15887	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	830231	BOY
EOY	823050	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2202025	BOY
EOY	1342445	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4772345	BOY
EOY	4417104	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4772345	BOY
EOY	4417104	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6974370	BOY
EOY	5759549	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-410179	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

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

Field	Value	IRS element (for citing)
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	true	AuditCommittee
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	4450847	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	119974	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	75225	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	636784	CurrentTaxYearMinus1Year
Total	5282830	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	469449	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	471217	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	416224	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	507548	CurrentTaxYearMinus1Year
Current Tax Year	1226767	CurrentTaxYear
Total	3091205	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	287324	CurrentTaxYearMinus1Year
Total	287324	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4920296	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	591191	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	491449	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1431656	CurrentTaxYearMinus1Year
Current Tax Year	1226767	CurrentTaxYear
Total	8661359	Total

Field	Value	IRS element (for citing)
Public Support Total509	8661359	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	32633	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	349172	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23320	CurrentTaxYearMinus2Years
Total	405125	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	32633	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	349172	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23320	CurrentTaxYearMinus2Years
Total	405125	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8120	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	9100	CurrentTaxYearMinus3Years
Total	17220	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	4961049	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	949463	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	514769	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1431656	CurrentTaxYearMinus1Year
Current Tax Year	1226767	CurrentTaxYear
Total	9083704	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.95350	PublicSupportPercentage509
Prior Year Support Percentage	0.91080	PriorYearSupportPercentage
Investment Income Percentage	0.04460	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.08670	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

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	114621	OtherCostOrOtherBasis
Book Value	114621	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2897894	OtherCostOrOtherBasis
Depreciation	2475478	Depreciation
Book Value	422416	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	215854	OtherCostOrOtherBasis
Depreciation	144971	Depreciation
Book Value	70883	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	613111	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

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

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Federal income taxes
Bank Line Of Credit	$774,079
Security deposits-Tenants	$37,721
Due to other investors	$11,250

Field	Value	IRS element (for citing)
Total Of Amounts	823050	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	1226767	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1226767	RevenueSubtotal
Total Revenue Per Form990	1226767	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1636946	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1636946	ExpensesSubtotal
Total Expenses Per Form990	1636946	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

ExplanationExplanation
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 and the Director of Finance for examination of the content and accuracy of reporting the information. After a preliminary review of the tax return, the Chairman distributes copies to each board member and the finance director for further review. Upon approval of the form, the CPA firm is notified by the Chairperson 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 of director 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 reviews the signed statements and ensures that compliance with the policy is being followed.
Form 990 Part VI Section C Line 19 The organization makes its governing documents, financial statements, tax returns and other related matters available upon written request, either by fax, email or regular mailing.