WATERVIEW STUDENT HOUSING FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: WATERVIEW STUDENT HOUSING FOUNDATION (EIN 47-0896355)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-10-25
IRS object ID: 201122989349300702
Schema version: 2010v3.4
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 L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-10-25T08:59:44-04:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SALMON SIMS THOMAS & ASSOC PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12720 HILLCREST RD SUITE 900	AddressLine1
City	DALLAS	City
State	TX	State
ZIP Code	75230	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	470896355	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE UTLEY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	UTLE	NameControl
Phone	4692321350	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2800 WATERVIEW PARKWAY	AddressLine1
City	RICHARDSON	City
State	TX	State
ZIP Code	75080	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ANN K UTLEY	Name
Title	PRESIDENT	Title
Date Signed	2011-11-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WILLIAM H SIMS	Name
Phone	9723921143	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	ANN K UTLEY PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2800 WATERVIEW PARKWAY STE 100	AddressLine1
City	RICHARDSON	City
State	TX	State
ZIP Code	75080	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	7558716	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE STUDENT HOUSING FOR THOSE ATTENDING THE UNIVERSITY OF TEXAS AT DALLAS, ALLOWING STUDENTS AN EXCEPTIONAL HOME ENVIRONMENT CONDUCIVE TO AN EXTRAORDINARY LEARNING EXPERIENCE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	27	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	7238296	ProgramServiceRevenuePriorYear
Program Service Revenue CY	7497031	ProgramServiceRevenueCY
Investment Income Prior Year	3358	InvestmentIncomePriorYear
Investment Income Current Year	526	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	61159	OtherRevenueCurrentYear
Total Revenue Prior Year	7241654	TotalRevenuePriorYear
Total Revenue Current Year	7558716	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	668318	SalariesEtcPriorYear
Salaries Etc Current Year	706595	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	7504594	OtherExpensePriorYear
Other Expenses Current Year	7619006	OtherExpensesCurrentYear
Total Expenses Prior Year	8172912	TotalExpensesPriorYear
Total Expenses Current Year	8325601	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-931258	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-766885	RevenuesLessExpensesCY
Total Assets BOY	42846046	TotalAssetsBOY
Total Assets EOY	41145238	TotalAssetsEOY
Total Liabilities BOY	53326038	TotalLiabilitiesBOY
Total Liabilities EOY	52392115	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-10479992	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-11246877	NetAssetsOrFundBalancesEOY
Mission Description	THE UTLEY FOUNDATION'S MISSION IS TO PROVIDE STUDENT HOUSING FOR THOSE ATTENDING THE UNIVERSITY OF TEXAS AT DALLAS, ALLOWING STUDENTS AN EXCEPTIONAL HOME ENVIRONMENT CONDUCIVE TO AN EXTRAORDINARY LEARNING EXPERIENCE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	8280860	Expense
Grants	0	Grants
Revenue	7497031	Revenue
Description	OPERATION OF WATERVIEW PARK APARTMENTS FOR THE BENEFIT OF THE UNIVERSITY OF TEXAS AT DALLAS (UTD) STUDENTS.	Description
Total Program Service Expense	8280860	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	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	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	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	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
Number Of Employees	27	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	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	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	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ANN K UTLEY	NamePerson
Telephone Number	2146938899	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2800 WATERVIEW PARKWAY STE 100	AddressLine1
City	RICHARDSON	City
State	TX	State
ZIP Code	75080	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
DR DAVID E DANIEL
DIRECTOR	0.5	X	0	0	0
STEVE GOTTSACKER
DIRECTOR	0.5	X	0	0	0
STEPHEN C JOHNSON
secretary	0.5	X	0	0	0	X
DR DARRELENE RACHAVONG
DIRECTOR	0.5	X	0	0	0
GEORGE W AUBREY
TREASURER	0.5	X	0	0	0	X
ANN K UTLEY
BOARD CHAIR/PRESIDENT	1.25	X	0	0	0	X
MIMI JOHNSON
DIRECTOR	0.5	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
INLAND AMERICAN COMMUNITIES PARTNER
3890 W NORTHWEST HWY STE 601	DALLAS	TX	752208109	REIMBURSEMNT	170854
AICCO INC
PO BOX 200455	DALLAS	TX	75320	INSURANCE	170151
LONE STAR PAINTING
PO BOX 450589	HOUSTON	TX	772450589	PAINTING	137780
ATT
PO BOX 120220	DALLAS	TX	753120220	WI-FI SERVICE	124928
HD SUPPLY
PO BOX 509058	SAN DIEGO	CA	921509058	MAINTENANCE	108105

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENTAL REVENUE	531110	7465856	7465856
TENANT INTERNET	900099	10454	10454
VENDING MACHINE	900099	785	785
MISCELLANEOUS	900099	19936	19936

Field	Value	IRS element (for citing)
Total Program Service Revenue	7497031	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	526	TotalRevenueColumn
Exclusion	$526	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	PRIOR YEAR REIMBURSEMENT	Description
Business Code	900099	BusinessCode
Total Revenue Column	61159	TotalRevenueColumn
Related Or Exempt Function Income	61159	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	61159	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	7558716	TotalRevenueColumn
Related Or Exempt Function Income	7558190	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$526	ExclusionAmount

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	0	Total

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	585761	Total
Program Services	585761	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	4935	Total
Program Services	4935	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	52331	Total
Program Services	52331	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	63568	Total
Program Services	63568	ProgramServices

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	5283	Total
Management And General	5283	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	14830	Total
Management And General	14830	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

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	158621	Total
Program Services	154121	ProgramServices
Management And General	4500	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	70536	Total
Program Services	70536	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	201278	Total
Program Services	181150	ProgramServices
Management And General	20128	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	2629904	Total
Program Services	2629904	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	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	2506374	Total
Program Services	2506374	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1969179	Total
Program Services	1969179	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	52651	Total
Program Services	52651	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	RENEWAL COMMISSIONS	Description
Total	10350	Total
Program Services	10350	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	8325601	Total
Program Services	8280860	ProgramServices
Management And General	44741	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	56040	BOY
EOY	74685	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	17551	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	6928	BOY
EOY	15472	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	175646	BOY
EOY	166660	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	50094233	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	18017300	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	33717307	BOY
EOY	32076933	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	6173656	BOY
EOY	6273438	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2698918	BOY
EOY	2538050	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	42846046	BOY
EOY	41145238	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1739680	BOY
EOY	1774913	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	228567	BOY
EOY	295313	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	51338491	BOY
EOY	50315989	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	19300	BOY
EOY	5900	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	53326038	BOY
EOY	52392115	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-10479992	BOY
EOY	-11246877	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-10479992	BOY
EOY	-11246877	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	42846046	BOY
EOY	41145238	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-766885	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

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6028957	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6368713	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7059025	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7238296	CurrentTaxYearMinus1Year
Current Tax Year	7497031	CurrentTaxYear
Total	34192022	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6028957	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6368713	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7059025	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7238296	CurrentTaxYearMinus1Year
Current Tax Year	7497031	CurrentTaxYear
Total	34192022	Total

Field	Value	IRS element (for citing)
Public Support Total509	34192022	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	325721	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	276185	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	175236	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3358	CurrentTaxYearMinus1Year
Current Tax Year	526	CurrentTaxYear
Total	781026	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	325721	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	276185	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	175236	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3358	CurrentTaxYearMinus1Year
Current Tax Year	526	CurrentTaxYear
Total	781026	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year	61159	CurrentTaxYear
Total	61159	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6354678	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6644898	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7234261	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7241654	CurrentTaxYearMinus1Year
Current Tax Year	7558716	CurrentTaxYear
Total	35034207	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.97596	PublicSupportPercentage509
Prior Year Support Percentage	0.96888	PriorYearSupportPercentage
Investment Income Percentage	0.02229	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.03112	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Land		Land

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	41886900	OtherCostOrOtherBasis
Depreciation	11402544	Depreciation
Book Value	30484356	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1402285	OtherCostOrOtherBasis
Depreciation	1256300	Depreciation
Book Value	145985	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	721906	OtherCostOrOtherBasis
Depreciation	96254	Depreciation
Book Value	625652	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6083142	OtherCostOrOtherBasis
Depreciation	5262202	Depreciation
Book Value	820940	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	32076933	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities

Field	Value	IRS element (for citing)
Description	ESCROW FUNDS HELD BY TRUSTEE	Description
Book Value	6273438	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	6273438	TotalOfBookValueSecurities

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	LOAN COSTS NET OF AMORTIZATION	Description
Book Value	2538050	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	2538050	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	SECURITY DEPOSITS	Description
Amount	$5,900	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	5900	TotalOfAmounts
Total Revenue	7558716	TotalRevenue
Total Expenses	8325601	TotalExpenses
Excess Or Deficit For Year	-766885	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-766885	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	7497557	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	7497557	RevenueSubtotal
Other Revenues Not Included	61159	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	61159	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	7558716	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	8264442	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	8264442	ExpensesSubtotal
Other Expenses Not Included	61159	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	61159	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	8325601	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PART X	LINE 2	Management has concluded that any tax positions that would not meet the more-likely-than-not criterion of FASB ASC 740-10 would be immaterial to the financial statements taken as a whole. Accordingly, the accompanying financial statements do not include any provision for uncertain tax positions, and no related interest or penalties have been recorded in the statement of operations or accrued on the balance sheet. Federal and state tax returns of the entity are generally open to examination by the relevant taxing authority for a period of three years from the date the returns are filed.
part xII	line 4b	PRIOR YEAR REIMBURSEMENT NETTED WITH EXPENSES FOR FINANCIAL STATEMENT PURPOSES AND REPORTED ON PART VIII FOR FORM 990 PURPOSES.
part xiii	line 4b	PRIOR YEAR REIMBURSEMENT NETTED WITH EXPENSES FOR FINANCIAL STATEMENT PURPOSES AND REPORTED ON PART VIII FOR FORM 990 PURPOSES.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	INLAND AMERICAN COMMUNITIES PARTNER	NamePerson

Field	Value	IRS element (for citing)
Relationship	FAMILY RELATIONSHIP	Relationship
Amount Of Transaction	170854	AmountOfTransaction
Description Of Transaction	REIMBURSEMENT/PRIOR MGMNT CO	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FORM 990	PART VI, SECTION B, LINE 11A	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE COMPLETED FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE APPROVED FORM 990 IS SUBSEQUENTLY FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990	PART VI, SECTION B, LINE 12c	THE ORGANIZATION MAKES INQUIRIES OF THE BOARD OF DIRECTORS ON A REGULAR BASIS REGARDING POSSIBLE CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS OF INTEREST ARE FURTHER INVESTIGATED.
FORM 990	PART VI, SECTION B, LINE 15	THE ORGANIZATION DOES NOT CURRENTLY COMPENSATE ANY OF THE MEMBERS OF THE GOVERNING BODY.
FORM 990	PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	WATERVIEW PARK APARTMENTS LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2800 WATERVIEW PARKWAYSTE 100	AddressLine1
City	RICHARDSON	City
State	TX	State
ZIP Code	75080	ZIPCode

Field	Value	IRS element (for citing)
EIN	223876994	EIN
Primary Activities	REAL ESTATE	PrimaryActivities
Legal Domicile State	TX	LegalDomicileState
Total Income	7558716	TotalIncome
EOY Assets	41145238	EOYAssets

Direct Controlling Entity Name DirectControllingEntityName

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

Form990 Schedule R Part VII Form990ScheduleRPartVII

Field	Value	IRS element (for citing)
Identifier	part i	Identifier
Explanation	THE UTLEY FOUNDATION IS THE SOLE MEMBER OF WATERVIEW PARK APARTMENTS, L.L.C., WHICH OWNS THE WATERVIEW PARK APARTMENTS THAT ARE RENTED TO STUDENTS OF THE UNIVERSITY OF TEXAS AT DALLAS AS OUTLINED IN THE FOUNDATION'S APPLICATION FOR EXEMPTION, FORM 1023.	Explanation