QUAIL VALLEY FUND INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: QUAIL VALLEY FUND INC (EIN 74-1707673)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-05-09
IRS object ID: 201741299349301604
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 D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-09T11:33:16-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	760440373	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT J FUMAGALLI PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9977 W SAM HOUSTON PKWY N 150	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77064	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	741707673	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	QUAIL VALLEY FUND INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	QUAI	BusinessNameControlTxt
Phone	2814998371	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3603 GLENN LAKES LANE	AddressLine1Txt
City	MISSOURI CITY	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77459	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANDREW KAYES	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2814998371	PhoneNum
Signature	2017-05-01	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT J FUMAGALLI	PreparerPersonNm
PTIN	P00049504	PTIN
Phone	2814779100	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	216.74.243.46	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-05-01	IPDt
IP Tm	12:10:03	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	194DA4CA6ECA5E8D8EBF3200822C0E01E3151594	AtSubmissionCreationDeviceId
At Submission Filing Device Id	194DA4CA6ECA5E8D8EBF3200822C0E01E3151594	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	ANDREW KAYES	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3603 GLENN LAKES LANE	AddressLine1Txt
City	MISSOURI CITY	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77459	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,475,885	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.QUAILVALLEYFUND.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1969	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	MAINTAIN THE COMMUNITY OF QUAIL VALLEY	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	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	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$1,418,436	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,462,255	CYProgramServiceRevenueAmt
PY Investment Income	$63,744	PYInvestmentIncomeAmt
CY Investment Income	$13,630	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,482,180	PYTotalRevenueAmt
CY Total Revenue	$1,475,885	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	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	$152,205	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$138,542	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,079,215	PYOtherExpensesAmt
CY Other Expenses	$1,586,852	CYOtherExpensesAmt
PY Total Expenses	$1,231,420	PYTotalExpensesAmt
CY Total Expenses	$1,725,394	CYTotalExpensesAmt
PY Revenues Less Expenses	$250,760	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$249,509	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,100,199	TotalAssetsBOYAmt
Total Assets EOY	$2,755,815	TotalAssetsEOYAmt
Total Liabilities BOY	$930,631	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$835,756	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,169,568	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,920,059	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE MAINTENANCE AND GARBAGE COLLECTION SERVICES FOR PROPERTY OWNERS OF 15 SUBDIVISIONS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,389,894	ExpenseAmt
Revenue	$1,475,885	RevenueAmt
Desc	PROVIDE MAINTENANCE AND REPAIR OF PUBLIC AREAS AND TRASH REMOVAL FOR THE COMMUNITY OF QUAIL VALLEY WITHIN MISSOURI CITY, TEXAS	Desc
Total Program Service Expenses	$1,389,894	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
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	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	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	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
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	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	12	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
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
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	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	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FIRSTSERVICE RESIDENTIAL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7139321122	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12234 SHADOW CREEK PARKWAY BLDG 3	AddressLine1Txt
City	PEARLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77584	ZIPCd

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

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ANDREW KAYES
PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
MARK MCINERNAY
VICE-PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
DONNA HASELOW
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
JANET CALVIN
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
DILLON DRAKE
TRUSTEE	2.00	Yes (X)		$0	$0	$0
KENT BUTLER
TRUSTEE	2.00	Yes (X)		$0	$0	$0
ANTOINETTE MAMULA
TRUSTEE	2.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FIRSTSERVICE RESIDENTIAL	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12234 SHADOW CREEK PKWY STE 3112	AddressLine1Txt
City	PEARLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77584	ZIPCd

Field	Value	IRS element (for citing)
Services	MANAGEMENT	ServicesDesc
Compensation	$119,753	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ANNUAL ASSESMENTS	900099	$1,287,673	$1,287,673
LEGAL COLLECTION BILL	900099	$113,181	$113,181
OTHER FEES AND CHARGES	900099	$61,401	$61,401

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,462,255	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,630	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,630	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,475,885	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,475,885	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$138,542	TotalAmt
Program Services	$138,542	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$119,753	TotalAmt
Management And General	$119,753	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$117,518	TotalAmt
Management And General	$117,518	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$12,545	TotalAmt
Management And General	$12,545	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$40,921	TotalAmt
Management And General	$40,921	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$14,754	TotalAmt
Management And General	$14,754	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$24,427	TotalAmt
Program Services	$24,427	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$13,991	TotalAmt
Management And General	$13,991	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
TRASH SERVICES	$506,852	$506,852
CAPITAL IMPROVEMENTS	$480,625	$480,625
LANDSCAPING MAINTENANCE	$153,184	$153,184
HOLIDAY DECORATION	$32,989	$32,989

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$69,293	TotalAmt
Program Services	$53,275	ProgramServicesAmt
Management And General	$16,018	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,725,394	TotalAmt
Program Services	$1,389,894	ProgramServicesAmt
Management And General	$335,500	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,085,317	BOYAmt
EOY	$974,653	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$799,900	BOYAmt
EOY	$499,900	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$387,943	BOYAmt
EOY	$468,373	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,871	BOYAmt
EOY	$176	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$972,166	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$159,453	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$821,168	BOYAmt
EOY	$812,713	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,100,199	BOYAmt
EOY	$2,755,815	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$18,371	BOYAmt
EOY	$26,040	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$596,137	BOYAmt
EOY	$539,933	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$316,123	BOYAmt
EOY	$269,783	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$930,631	BOYAmt
EOY	$835,756	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$2,169,568	BOYAmt
EOY	$1,920,059	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,169,568	BOYAmt
EOY	$1,920,059	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,100,199	BOYAmt
EOY	$2,755,815	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$249,509	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$240,310	OtherCostOrOtherBasisAmt
Book Value	$240,310	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$631,238	OtherCostOrOtherBasisAmt
Depreciation	$78,120	DepreciationAmt
Book Value	$553,118	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$100,618	OtherCostOrOtherBasisAmt
Depreciation	$81,333	DepreciationAmt
Book Value	$19,285	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$812,713	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$1,475,885	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$1,475,885	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,475,885	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,725,394	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,725,394	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,725,394	TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THE FUND HAS CONTRACTED WITH FIRSTSERVICE RESIDENTIAL AS ITS MANAGEMENT COMPANY FOR ITS ONGOING OPERATIONS AND ACCOUNTING AND HAS NO EMPLOYEES OF ITS OWN.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION'S BOARD OF DIRECTORS ARE ALL MEMBERS WHO MAKE GOVERNANCE DECISIONS ON BEHALF OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS INITIALLY REVIEWED BY THE PRESIDENT AND FINAL REVIEW IS BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE ALL AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. DEED RESTRICTIONS BY SUBDIVISION ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.