MULTIFAMILY COALITION FOR AFFORDABLE HOUSING: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MULTIFAMILY COALITION FOR AFFORDABLE HOUSING (EIN 38-2977384)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-20
- IRS object ID
- 201242339349300609
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-20T09:43:59-05:00 | 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 | BORDMAN WINNICK & TRZOS PLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7439 MIDDLEBELT RD STE 3 | AddressLine1 |
| City | W BLOOMFIELD | City |
| State | MI | State |
| ZIP Code | 48322 | 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 | 382977384 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDWEST COALITION FOR AFFORDABLE | BusinessNameLine1 |
| Business Name Line2 | HOUSING | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MIDW | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST MAPLE ROAD SUITE 270 | AddressLine1 |
| City | BIRMINGHAM | City |
| State | MI | State |
| ZIP Code | 48009 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRADLEY J BULLOCK | Name |
| Title | PRESIDENT/DIRECTOR | Title |
| Date Signed | 2012-08-14 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT F WINNICK CPA | Name |
| Phone | 2488515350 | Phone |
| Date Prepared | 2012-08-20 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRADLEY BULLOCK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 SW 1ST AVE SUITE 1090 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 97201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 240500 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | MCFAH AIMS TO IMPROVE THE QUALITY OF LIFE OF PRIMARILY LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES BY PROVIDING THEM WITH RESIDENCES IN SAFE, DECENT AND AFFORDABLE HOUSING COMMUNITIES. WE CARRY OUT OUR MISSION IN THE FOLLOWING WAYS: BY PROVIDING FINANCIAL ASSISTANCE FOR THE REHABILITATION AND OPERATION OF AFFORDABLE HOUSING COMMUNITIES. BY ASSISTING IN THE OPERATION OF AFFORDABLE HOUSING COMMUNITIES THROUGH PARTICIPATION IN THE OWNERSHIP OF COMPANIES THAT ACQUIRE, DEVELOP, REHABILITATE AND/OR OPERATE SUCH COMMUNITIES. BY ASSISTING OWNERS OF AFFORDABLE HOUSING COMMUNITIES IN OBTAINING GOVERNMENTAL AND FOUNDATION GRANTS AND AWARDS TO FUND THE REHABILITATION, IMPROVEMENT, FINANCING AND OPERATION OF THOSE COMMUNITIES. BY ASSISTING IN THE FUNDING OF EDUCATIONAL AND COMMUNITY DEVELOPMENT PROGRAMS FOR RESIDENTS OF AFFORDABLE HOUSING COMMUNITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 4 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 4 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 15753649 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -684 | InvestmentIncomePriorYear |
| Investment Income Current Year | -152 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 50687 | OtherRevenuePriorYear |
| Other Revenue Current Year | 239652 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 15804652 | TotalRevenuePriorYear |
| Total Revenue Current Year | 240500 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 72204 | OtherExpensePriorYear |
| Other Expenses Current Year | 240860 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 72204 | TotalExpensesPriorYear |
| Total Expenses Current Year | 240860 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 15732448 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -360 | RevenuesLessExpensesCY |
| Total Assets BOY | 15799612 | TotalAssetsBOY |
| Total Assets EOY | 15989043 | TotalAssetsEOY |
| Total Liabilities BOY | 63392 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 253183 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 15736220 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15735860 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | MCFAH AIMS TO IMPROVE THE QUALITY OF LIFE OF PRIMARILY LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES BY PROVIDING THEM WITH RESIDENCES IN SAFE, DECENT AND AFFORDABLE HOUSING COMMUNITIES. WE CARRY OUT OUR MISSION IN THE FOLLOWING WAYS: BY PROVIDING FINANCIAL ASSISTANCE FOR THE REHABILITATION AND OPERATION OF AFFORDABLE HOUSING COMMUNITIES. BY ASSISTING IN THE OPERATION OF AFFORDABLE HOUSING COMMUNITIES THROUGH PARTICIPATION IN THE OWNERSHIP OF COMPANIES THAT ACQUIRE, DEVELOP, REHABILITATE AND/OR OPERATE SUCH COMMUNITIES. BY ASSISTING OWNERS OF AFFORDABLE HOUSING COMMUNITIES IN OBTAINING GOVERNMENTAL AND FOUNDATION GRANTS AND AWARDS TO FUND THE REHABILITATION, IMPROVEMENT, FINANCING AND OPERATION OF THOSE COMMUNITIES. BY ASSISTING IN THE FUNDING OF EDUCATIONAL AND COMMUNITY DEVELOPMENT PROGRAMS FOR RESIDENTS OF AFFORDABLE HOUSING COMMUNITIES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 5876 | Expense |
| Revenue | 240500 | Revenue |
| Description | PROVIDE AND ASSIST AFFORDABLE HOUSING AS A PARTICIPANT IN 5 FEDERALLY ASSISTED HOUSING PROJECTS. | Description |
| Total Program Service Expense | 5876 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| 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 | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | false | 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 |
| 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 | true | ComplianceWithBackupWitholding |
| 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 | true | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| 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 | 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 | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRADLEY BULLOCK | NamePerson |
| Telephone Number | 3138818150 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 20250 HARPER AVE | AddressLine1 |
| City | HARPER WOODS | City |
| State | MI | State |
| ZIP Code | 48225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (4 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| BRADLEY BULLOCK | |||||
| PRESIDENT/DI | X | X | 0 | 0 | 0 |
| PHIL MCCAFFERTY | |||||
| VICE-PRES/DI | X | X | 0 | 0 | 0 |
| FRED HASH | |||||
| SEC/DIRECTOR | X | X | 0 | 0 | 0 |
| JACK ZOLLINGER | |||||
| TREAS/DIRECT | X | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NON-PROFIT SERVICE FEE | Description |
| Total Revenue Column | 1000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1000 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -152 | TotalRevenueColumn |
| Related Or Exempt Function Income | -152 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EXEMPT FUNCTION INTEREST | Description |
| Total Revenue Column | 239652 | TotalRevenueColumn |
| Related Or Exempt Function Income | 239652 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 239652 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 240500 | TotalRevenueColumn |
| Related Or Exempt Function Income | 240500 | RelatedOrExemptFunctionIncome |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 205993 | Total |
| Management And General | 205993 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15821 | Total |
| Management And General | 15821 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13170 | Total |
| Management And General | 13170 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242 | Total |
| Program Services | 242 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11 | Total |
| Program Services | 11 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 623 | Total |
| Program Services | 623 | ProgramServices |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DONATION | Description |
| Total | 5000 | Total |
| Program Services | 5000 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240860 | Total |
| Program Services | 5876 | ProgramServices |
| Management And General | 234984 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74259 | BOY |
| EOY | 24439 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50579 | BOY |
| EOY | 290072 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -4775 | BOY |
| EOY | -5017 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15679549 | BOY |
| EOY | 15679549 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15799612 | BOY |
| EOY | 15989043 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46506 | BOY |
| EOY | 253183 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16886 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63392 | BOY |
| EOY | 253183 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15736220 | BOY |
| EOY | 15735860 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15736220 | BOY |
| EOY | 15735860 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15799612 | BOY |
| EOY | 15989043 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -360 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | false | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 15753649 | CurrentTaxYearMinus1Year |
| Total | 15753649 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 15753649 | CurrentTaxYearMinus1Year |
| Total | 15753649 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 15753649 | PublicSupportTotal170 |
| Total Support | 15753649 | TotalSupport |
| Gross Receipts From Admissions Etc | 240500 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 1.00000 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 1.00000 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MORTGAGE NOTE RECEIVABLE | Description |
| Book Value | 15679549 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 15679549 | TotalBookValueOtherAssets |
| Total Revenue | 240500 | TotalRevenue |
| Total Expenses | 240860 | TotalExpenses |
| Excess Or Deficit For Year | -360 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -360 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 240500 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 240500 | RevenueSubtotal |
| Total Revenue Per Form990 | 240500 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 240860 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 240860 | ExpensesSubtotal |
| Total Expenses Per Form990 | 240860 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL FINANCIAL INFORMATION | Identifier |
| Return Reference | SCHEDULE D, PAGE 4, PART XIV | ReturnReference |
| Explanation | FIN 48 DISCLOSURE IN DECEMBER 2008, THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED FASB STAFF POSITION (FSP) FIN 48-3, "EFFECTIVE DATE OF FASB INTERPRETATION NO. 48 FOR CERTAIN NONPUBLIC ENTERPRISES." (FSP) FIN 48-3 PERMITS AN ENTITY WITHIN ITS SCOPE TO DEFER THE EFFECTIVE DATE OF FASB INTERPRETATION 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES), TO ITS ANNUAL FINANCIAL STATEMENTS FOR FISCAL YEARS BEGINNING AFTER DECEMBER 15, 2008. THE COMPANY EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF ASC 450, "CONTINGENCIES." ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMETELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. THE UNRECOGNIZED TAX BENEFITS ARE: "THE AMOUNT OF UNRECOGNIZED TAX BENEFITS THAT, IF RECOGNIZED WOULD AFFECT THE EFFECTIVE TAX RATE: PROGRAM SERVICE REVENUE 1,000 INVESTMENT INCOME (145) OTHER REVENUE - EXEMPT FUNCTION INTEREST 239,652 TOTAL 240,507 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | MCFAH AIMS TO IMPROVE THE QUALITY OF LIFE OF PRIMARILY LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES BY PROVIDING THEM WITH RESIDENCES IN SAFE, DECENT AND AFFORDABLE HOUSING COMMUNITIES. WE CARRY OUT OUR MISSION IN THE FOLLOWING WAYS: BY PROVIDING FINANCIAL ASSISTANCE FOR THE REHABILITATION AND OPERATION OF AFFORDABLE HOUSING COMMUNITIES. BY ASSISTING IN THE OPERATION OF AFFORDABLE HOUSING COMMUNITIES THROUGH PARTICIPATION IN THE OWNERSHIP OF COMPANIES THAT ACQUIRE, DEVELOP, REHABILITATE AND/OR OPERATE SUCH COMMUNITIES. BY ASSISTING OWNERS OF AFFORDABLE HOUSING COMMUNITIES IN OBTAINING GOVERNMENTAL AND FOUNDATION GRANTS AND AWARDS TO FUND THE REHABILITATION, IMPROVEMENT, FINANCING AND OPERATION OF THOSE COMMUNITIES. BY ASSISTING IN THE FUNDING OF EDUCATIONAL AND COMMUNITY DEVELOPMENT PROGRAMS FOR RESIDENTS OF AFFORDABLE HOUSING COMMUNITIES. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION IS IN THE PROCESS OF WRITING A PROCEDURE FOR REVIEW OF THE FORM 990. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY WILL BE AVAILABLE. |
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