MOF-PRESERVATION OF AFFORDABILITY CORP: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MOF-PRESERVATION OF AFFORDABILITY CORP (EIN 56-2444917)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-08-29
- IRS object ID
- 201712419349300906
- Schema version
- 2016v3.0
- 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 K
- Schedule K
- Schedule K
- Schedule K
- Schedule K
- Schedule K
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-29T13:30:45-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205556145 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRAZEE IVY DAVIS PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 POPLAR AVE STE 1400 | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 381371499 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562444917 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GMF-PRESERVATION OF AFFORDABILITY CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GMF- | BusinessNameControlTxt |
| Phone | 9016855556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 GERMANTOWN RD NO 409 | AddressLine1Txt |
| City | CORDOVA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD L HAMLET | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 9016845556 | PhoneNum |
| Signature | 2017-08-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | J SLATER SMITHERS CPA | PreparerPersonNm |
| PTIN | P00281055 | PTIN |
| Phone | 9016851040 | PhoneNum |
| Preparation | 2017-08-22 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.151.198.241 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-08-22 | IPDt |
| IP Tm | 15:45:02 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0DF84E611FB38EA135D6757DB688D9B844E9CC06 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0DF84E611FB38EA135D6757DB688D9B844E9CC06 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD HAMLET | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 GERMANTOWN RD NO 409 | AddressLine1Txt |
| City | CORDOVA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $100,656,384 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,300,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $83,533,399 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $80,169,316 | CYProgramServiceRevenueAmt |
| PY Investment Income | $31,363 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,069,058 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $83,564,762 | PYTotalRevenueAmt |
| CY Total Revenue | $85,538,374 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,200,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,463,791 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,969,724 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $81,053,008 | PYOtherExpensesAmt |
| CY Other Expenses | $89,727,788 | CYOtherExpensesAmt |
| PY Total Expenses | $92,716,799 | PYTotalExpensesAmt |
| CY Total Expenses | $100,697,512 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,152,037 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$15,159,138 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $454,488,172 | TotalAssetsBOYAmt |
| Total Assets EOY | $409,848,431 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $488,428,150 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $458,947,547 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$33,939,978 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$49,099,116 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $98,805,075 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $73,173,392 | RevenueAmt |
| Desc | THE ORGANIZATION OPERATED 29 LOW INCOME HOUSING PROJECTS. | Desc |
| Total Program Service Expenses | $98,805,075 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD L HAMLET | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9016845556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 GERMANTOWN COURT STE 409 | AddressLine1Txt |
| City | CORDOVA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38018 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| RICHARD HAMLET | |||||||
| PRESIDENT | 25.00 | 40.00 | Yes (X) | Yes (X) | $0 | $297,000 | $65,000 |
| ALAN SWAFFORD | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS STOVALL | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $297,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $65,000 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| REAC RESOURCES LLC | |||||
| PO BOX 4430 | SARATOGA SPRINGS | NY | 12866 | INSPECTION/CONSULTING | $2,178,003 |
| MULTIFAMILY MANAGEMENT INC | |||||
| 758 ST MICHAELS ST STE D | MOBILE | AL | 36602 | PROPERTY MANAGEMENT | $1,625,185 |
| LEDIC MANAGEMENT GROUP LLC | |||||
| 2650 THOUSAND OAKS STE 3100 | MEMPHIS | TN | 38118 | PROPERTY MANAGEMENT | $614,225 |
| CONTRACTING SOLUTIONS LLC | |||||
| 3845 WATMAN | MEMPHIS | TN | 38118 | PROPERTY REPAIRS | $539,340 |
| HOLLAND & KNIGHT LLP | |||||
| PO BOX 864084 | ORLANDO | FL | 32886 | LEGAL | $486,419 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $4,300,000 | RelatedOrganizationsAmt |
| Total Contributions | $4,300,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 531110 | $79,790,794 | $79,790,794 |
| GAIN ON INVOLUNTARY CONVERSION | 533110 | $378,522 | $378,522 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $80,169,316 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,068 | TotalRevenueColumnAmt |
| Exclusion | $37,068 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $16,150,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $15,118,010 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,031,990 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,031,990 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,031,990 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85,538,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $81,201,306 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $37,068 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,102,424 | TotalAmt |
| Program Services | $9,857,124 | ProgramServicesAmt |
| Management And General | $245,300 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,300 | TotalAmt |
| Program Services | $849,954 | ProgramServicesAmt |
| Management And General | $17,346 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,715,597 | TotalAmt |
| Program Services | $2,715,597 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,663 | TotalAmt |
| Program Services | $186,663 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,911,889 | TotalAmt |
| Program Services | $2,783,538 | ProgramServicesAmt |
| Management And General | $128,351 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,124 | TotalAmt |
| Management And General | $149,124 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,980,993 | TotalAmt |
| Program Services | $26,980,993 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,364,559 | TotalAmt |
| Program Services | $17,351,357 | ProgramServicesAmt |
| Management And General | $13,202 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,652,861 | TotalAmt |
| Program Services | $4,592,704 | ProgramServicesAmt |
| Management And General | $60,157 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ASSET IMPAIRMENT LOSS | $8,027,914 | $8,027,914 | |
| UTILITIES | $7,876,397 | $7,876,397 | |
| REPAIRS AND MAINTENANCE | $7,530,702 | $7,528,277 | $2,425 |
| CONTRACT SERVICES | $4,801,880 | $4,801,880 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,529,209 | TotalAmt |
| Program Services | $5,252,677 | ProgramServicesAmt |
| Management And General | $1,276,532 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,697,512 | TotalAmt |
| Program Services | $98,805,075 | ProgramServicesAmt |
| Management And General | $1,892,437 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,196,461 | BOYAmt |
| EOY | $2,333,123 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,859,321 | BOYAmt |
| EOY | $10,288,275 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $840,255 | BOYAmt |
| EOY | $1,011,564 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $701,531 | BOYAmt |
| EOY | $740,258 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $446,513,262 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $74,089,094 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $399,886,770 | BOYAmt |
| EOY | $372,424,168 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,333,254 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,670,580 | BOYAmt |
| EOY | $23,051,043 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,488,172 | BOYAmt |
| EOY | $409,848,431 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,322,316 | BOYAmt |
| EOY | $12,676,001 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,360 | BOYAmt |
| EOY | $797,577 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $473,697,167 | BOYAmt |
| EOY | $443,560,551 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,988,307 | BOYAmt |
| EOY | $1,913,418 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $488,428,150 | BOYAmt |
| EOY | $458,947,547 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$33,939,978 | BOYAmt |
| EOY | -$49,099,116 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$33,939,978 | BOYAmt |
| EOY | -$49,099,116 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,488,172 | BOYAmt |
| EOY | $409,848,431 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$15,159,138 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL MINISTRIES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562378045 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,207,334 | OtherCostOrOtherBasisAmt |
| Book Value | $33,207,334 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $413,305,928 | OtherCostOrOtherBasisAmt |
| Depreciation | $74,089,094 | DepreciationAmt |
| Book Value | $339,216,834 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $372,424,168 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BOND RESERVES | $20,237,485 |
| REPLACEMENT RESERVE | $1,384,657 |
| TENANT SECURITY DEPOSITS | $1,209,335 |
| ESCROW DEPOSITS | $1,124,225 |
| PROJECT FUND | $1,017 |
| DUE FROM AFFILIATE | -$1,166,416 |
| OPERATING RESERVES | $67,415 |
| UTILITY DEPOSITS | $193,325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $23,051,043 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TENANT SECURITY DEPOSITS | Desc |
| Amt | $1,913,418 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,913,418 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD HAMLET | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $295,000 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $2,000 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $297,000 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CITY OF INDIANAPOLIS INDIANA | ||||||||
| A | 356001063 | 45528TAKC | 2009-03-12 | $6,100,500 | PURCHASE MULTIFAMILY HOUSING KNOWN AS STONEKEY | 0 | 0 | 0 |
| STATE OF LOUISIANA FINANCE AGENCY | ||||||||
| B | 720809967 | 54626XBA5 | 2009-08-26 | $47,830,850 | PURCHASE MULTIFAMILY HOUSING KNOWN AS LOUISIANA CHATEAU | 0 | 0 | 0 |
| CITY OF MEMPHIS TN | ||||||||
| C | 621209024 | 586169EA8 | 2010-06-18 | $6,826,213 | PURCHASE MULTIFAMILY HOUSING KNOWN AS GOODWILL VILLAGE | 0 | 0 | 0 |
| CITY OF INDIANAPOLIS INDIANA | ||||||||
| D | 356001063 | 45528TAS3 | 2010-08-19 | $22,050,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS BERKLEY COMMONS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $465,000 | $6,100,500 | $508,500 | $239,075 | $17,355 | $5,460,322 | 2009 | 0 | 0 | Yes (1) | Yes (1) |
| B | $4,150,000 | $47,830,850 | $4,041,386 | $904,985 | $75,042 | $46,925,865 | 2009 | 0 | 0 | Yes (1) | Yes (1) |
| C | $325,000 | $6,826,213 | $543,550 | $346,495 | $27,741 | $6,131,157 | 2010 | 0 | 0 | Yes (1) | Yes (1) |
| D | $2,090,000 | $22,050,000 | $1,627,981 | $401,000 | $74,000 | $20,072,652 | 2010 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CITY OF INDIANAPOLIS INDIANA | ||||||||
| A | 351485172 | 45506CAC1 | 2011-12-14 | $15,035,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS STONE LAKE APARTMENTS | 0 | 0 | 0 |
| CITY OF GULF BREEZE FL | ||||||||
| B | 593591394 | 10452TCH5 | 2011-12-22 | $17,122,350 | PURCHASE MULTIFAMILY HOUSING KNOWN AS CIVIC TOWERS APARTMENTS | 0 | 0 | 0 |
| CITY OF MEMPHIS TN | ||||||||
| C | 621209024 | 586169EQ3 | 2012-12-11 | $11,450,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS ARBORS OF HICKORY RIDGE APARTMENTS | 0 | 0 | 0 |
| CITY OF GULF BREEZE FL | ||||||||
| D | 593591394 | 14052TCM4 | 2012-04-18 | $13,798,250 | PURCHASE MULTIFAMILY HOUSING KNOWN AS STONYBROOK APARTMENTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $370,000 | $15,035,000 | $1,114,844 | $147,339 | $40,576 | $13,986,968 | 2012 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $865,000 | $17,122,350 | $621,000 | $646,050 | $90,455 | $16,077,916 | 2012 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $98,679 | $11,450,000 | $322,576 | $10,988,465 | 2013 | 0 | 0 | Yes (1) | Yes (1) | $11,109,907 | ||
| D | $785,000 | $13,798,250 | $468,563 | $121,920 | $125,000 | $12,977,084 | 2012 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CAPITAL TRUST AGENCY | ||||||||
| A | 593591394 | 14052TCR3 | 2012-11-20 | $10,912,500 | PURCHASE MULTIFAMILY HOUSING KNOWN AS WINDSOR COVE | 0 | 0 | 0 |
| RENSSELAER HOUSING AUTHORITY | ||||||||
| B | 141537384 | 76008PAC0 | 2012-12-20 | $9,501,150 | PURCHASE MULTIFAMILY HOUSING KNOWN AS VAN RENSSELAER AND RENWYCK APARTMENTS | 0 | 0 | 0 |
| CAPITAL TRUST AGENCY | ||||||||
| C | 593591394 | 14052TCV4 | 2012-12-20 | $32,980,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS JACKSONVILLE POOL PROJECT | 0 | 0 | 0 |
| HOUSING AUTHORITY OF THE CITY OF DURHAM | ||||||||
| D | 566003147 | 266785AE4 | 2012-12-07 | $9,215,535 | PURCHASE MULTIFAMILY HOUSING KNOWN AS JFK TOWERS PROJECT | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $535,000 | $10,912,500 | $352,561 | $58,711 | $145,000 | $9,733,499 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| B | $50,000 | $9,501,150 | $305,471 | $417,270 | $43,839 | $9,040,041 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| C | $1,525,000 | $32,980,000 | $999,601 | $454,182 | $294,350 | $29,106,156 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| D | $9,215,535 | $288,577 | $52,048 | $100,000 | $8,679,707 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PUBLIC FINANCE AUTHORITY | ||||||||
| A | 273866124 | 74441XAF6 | 2013-05-29 | $12,610,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS INDIANNA4 | 0 | 0 | 0 |
| LA GOVERNMENT ENVIRONMENTAL FACILITY | ||||||||
| B | 721416158 | 546276CA2 | 2012-12-19 | $31,525,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS PARC FONTAINE APARTMENTS | 0 | 0 | 0 |
| PUBLIC FINANCE AUTHORITY | ||||||||
| C | 273866124 | 74441XBC2 | 2014-09-11 | $24,680,700 | PURCHASE MULTIFAMILY HOUSING KNOWN AS ALABAMA POOL PROJECT | 0 | 0 | 0 |
| HEALTH EDUCATIONAL AND HOUSING FACILITY | ||||||||
| D | 621209024 | 586169FC3 | 2014-03-05 | $13,580,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS SERENITY TOWERS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $95,000 | $12,610,000 | $402,530 | $91,600 | $40,000 | $11,433,318 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| B | $980,000 | $31,525,000 | $1,910,669 | $248,295 | $195,159 | $28,489,659 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| C | $24,680,700 | $890,930 | $443,364 | $24,237,336 | 2014 | 0 | 0 | Yes (1) | Yes (1) | ||
| D | $13,580,000 | $490,850 | $58,646 | $75,000 | $12,688,702 | 2014 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PUBLIC FINANCE AUTHORITY | ||||||||
| A | 273866124 | 74441XAY5 | 2014-06-26 | $25,320,620 | PURCHASE MULTIFAMILY HOUSING KNOWN AS FLORALA POOL PROJECT | 0 | 0 | 0 |
| PUBLIC FINANCE AUTHORITY | ||||||||
| B | 273866124 | 74441XAP4 | 2014-02-01 | $19,175,147 | PURCHASE MULTIFAMILY HOUSING KNOWN AS FOREST COVE | 0 | 0 | 0 |
| CITY OF MEMPHIS TN | ||||||||
| C | 621209024 | 586169EK6 | 2011-06-17 | $11,815,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS WARREN/TULANE | 0 | 0 | 0 |
| CITY OF MEMPHIS TN | ||||||||
| D | 621209024 | 586169EM2 | 2011-06-17 | $3,810,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS MADISON TOWER APT PROJECT | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $25,320,620 | $864,890 | $496,252 | $100,000 | $24,824,368 | 2014 | 0 | 0 | Yes (1) | Yes (1) |
| B | $19,175,147 | $710,232 | $42,467 | $60,000 | $17,635,808 | 2014 | 0 | 0 | Yes (1) | Yes (1) |
| C | $11,815,000 | $917,219 | $107,218 | $10,849,640 | 2011 | 0 | 0 | Yes (1) | Yes (1) | |
| D | $3,810,000 | $310,638 | $69,995 | $3,282,318 | 2011 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| GULF BREEZE FLORIDA | ||||||||
| A | 593591394 | 14052TBZ6 | 2011-05-31 | $13,807,950 | PURCHASE MULTIFAMILY HOUSING KNOWN AS T M ALEXANDER APT. PROJECT | 0 | 0 | 0 |
| BATON ROUGE LA | ||||||||
| B | 721416158 | 546276BW5 | 2012-02-29 | $10,670,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS PEACE LAKE TOWERS | 0 | 0 | 0 |
| HEALTH EDUCATIONAL AND HOUSING FACILITY | ||||||||
| C | 2015-01-26 | $4,061,000 | PURCHASE MULTIFAMILY HOUSING KNOWN AS BENT TREE APT. PROJECT | 0 | 0 | 0 | ||
| LOUISIANA LOCAL GOVERNMENT | ||||||||
| D | 546276CK0 | 2015-04-02 | $15,580,723 | PURCHASE MULTIFAMILY HOUSING KNOWN AS BELLEMONT APT. PROJECT | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $640,000 | $13,807,950 | $557,623 | $561,550 | $81,400 | $13,165,000 | 2011 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $75,000 | $10,670,000 | $367,344 | $469,200 | $92,126 | $10,200,800 | 2012 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $276,533 | $4,061,000 | $61,000 | 2015 | 0 | 0 | Yes (1) | Yes (1) | $4,000,000 | |||
| D | $240,000 | $15,580,723 | $941,023 | $169,605 | $155,000 | $13,919,440 | 2015 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| B | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| C | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
| D | Yes (1) | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCE AUTHORITY OF NEW ORLEANS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP | 64764AAA7 | CUSIPNum |
| Bond Issued | 2014-11-10 | BondIssuedDt |
| Issue Price | $11,750,000 | IssuePriceAmt |
| Purpose | PURCHASE MULTIFAMILY HOUSING KNOWN AS WILLOWS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $325,000 | RetiredAmt |
| Total Proceeds | $11,750,000 | TotalProceedsAmt |
| In Reserve Fund | $747,689 | InReserveFundAmt |
| Issuance Costs From Proceeds | $107,993 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $103,764 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $10,287,742 | CapitalExpendituresAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | Yes (1) | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF THE ORGANIZATION IS GLOBAL MINISTRIES FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND REVIEWED BY THE BOARD BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A COPY OF THE CONFLICT OF INTEREST POLICY IS FURNISHED TO EACH OFFICER AND SENIOR STAFF MEMBER THAT BEGINS SERVING THE ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (29 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| GMF-PEPPERMILL LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 208364215 | LOW INCOME HOUSING | TN | $1,015,879 | $4,135,911 | GMF-PAC |
| GMF-MANN VILLAGE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 261592332 | LOW INCOME HOUSING | TN | $2,496,975 | $13,991,228 | GMF-PAC |
| GMF-LOUISIANA CHATEAU LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 270509587 | LOW INCOME HOUSING | TN | $7,171,218 | $45,171,875 | GMF-PAC |
| GMF-STONEKEY LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 263706320 | LOW INCOME HOUSING | TN | $1,105,101 | $5,073,990 | GMF-PAC |
| GMF-BERKLEY COMMONS | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 271597588 | LOW INCOME HOUSING | TN | $4,322,388 | $19,102,003 | GMF-PAC |
| GMF-RIVER TRACE | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 264752131 | LOW INCOME HOUSING | TN | $3,081,011 | $18,347,711 | GMF-PAC |
| GMF-GOODWILL VILLAGE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 264794912 | LOW INCOME HOUSING | TN | $1,244,001 | $7,713,652 | GMF-PAC |
| GMF-WARREN-TULANE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 274662635 | LOW INCOME HOUSING | TN | -$7,577,834 | $4,821,992 | GMF-PAC |
| GMF-MADISON TOWERS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 274662762 | LOW INCOME HOUSING | TN | $1,120,665 | $3,373,084 | GMF-PAC |
| GMF-T M ALEXANDER LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 274662865 | LOW INCOME HOUSING | TN | $1,883,825 | $12,954,756 | GMF-PAC |
| GMF-CIVIC TOWERS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 453181502 | LOW INCOME HOUSING | TN | $2,204,196 | $16,166,264 | GMF-PAC |
| GMF-PEACE LAKE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 454147905 | LOW INCOME HOUSING | TN | $1,449,022 | $9,675,363 | GMF-PAC |
| GMF-ARBORS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 454846768 | LOW INCOME HOUSING | TN | $2,430,790 | $9,975,932 | GMF-PAC |
| GMF-STONE LAKE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 453181431 | LOW INCOME HOUSING | TN | $4,184,234 | $14,600,420 | GMF-PAC |
| GMF-STONYBROOK LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 454154790 | LOW INCOME HOUSING | TN | $2,045,966 | $13,902,751 | GMF-PAC |
| GMF-JFK TOWERS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 460779967 | LOW INCOME HOUSING | TN | $1,540,456 | $8,323,504 | GMF-PAC |
| GMF-JACKSONVILLE POOL LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 460786762 | LOW INCOME HOUSING | TN | $6,814,464 | $31,400,798 | GMF-PAC |
| GMF-RENSSELAER HOUSING LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 455293430 | LOW INCOME HOUSING | TN | $1,680,264 | $8,740,980 | GMF-PAC |
| GMF-WINDSOR LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 454611276 | LOW INCOME HOUSING | TN | $1,796,247 | $11,728,745 | GMF-PAC |
| GMF-INDIANA4 LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 461989271 | LOW INCOME HOUSING | TN | $2,277,797 | $11,323,702 | GMF-PAC |
| GMF-BENT TREE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 461784508 | LOW INCOME HOUSING | TN | $1,704,830 | $4,070,406 | GMF-PAC |
| GMF-PARC FONTAINE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 461284832 | LOW INCOME HOUSING | TN | $5,443,668 | $28,435,841 | GMF-PAC |
| GMF-ALABAMA HOUSING LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 464054667 | LOW INCOME HOUSING | TN | $4,735,003 | $26,201,766 | GMF-PAC |
| GMF-SERENITY TOWERS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 900987988 | LOW INCOME HOUSING | TN | $2,427,780 | $12,904,615 | GMF-PAC |
| GMF-FLORALA LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 463249646 | LOW INCOME HOUSING | TN | $4,549,008 | $29,998,783 | GMF-PAC |
| GMF-FOREST COVE LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 461811538 | LOW INCOME HOUSING | TN | $4,353,687 | $20,646,333 | GMF-PAC |
| GMF-PORTOFINOSTRATFORD LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | 471564300 | LOW INCOME HOUSING | TN | $2,351,892 | $0 | GMF-PAC |
| GMF-BELLEMONT LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | LOW INCOME HOUSING | TN | $2,556,539 | $15,500,464 | GMF-PAC | |
| GMF-WILLOWS LLC | |||||||||
| 65 GERMANTOWN CT | CORDOVA | TN | 38018 | LOW INCOME HOUSING | TN | $2,317,995 | $11,791,808 | GMF-PAC | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL MINISTRIES FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 GERMANTOWN CT | AddressLine1Txt |
| City | CORDOVA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562378045 | EIN |
| Primary Activities | LOW INCOME HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL MINISTRIES FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $4,300,000 | InvolvedAmt |
| Method Of Amount Determination | CASH AMOUNT RECEIVED | MethodOfAmountDeterminationTxt |