VILLAGE ACQUISITION III: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: VILLAGE ACQUISITION III (EIN 95-4262689)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-11-09
IRS object ID: 201203149349302600
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-09T17:12:52-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	221478099	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COHNREZNICK LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	11755 WILSHIRE BLVD STE 1700	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90025	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	954262689	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VILLAGE ACQUISITION III	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VILL	NameControl
Phone	8185879450	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	20830 SHERMAN WAY	AddressLine1
City	WINNETKA	City
State	CA	State
ZIP Code	913062782	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DEBRA DONOVAN	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	8185879450	Phone
Date Signed	2012-11-06	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEPHEN M DAY	Name
PTIN	P00227737	PTIN
Phone	3104773722	Phone
Date Prepared	2012-11-06	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DEBRA DONOVAN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	20830 SHERMAN WAY	AddressLine1
City	WINNETKA	City
State	CA	State
ZIP Code	91306	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	78915	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	HTTP://WWW.VALLEYVILLAGE.ORG/	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1989	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	TWO RESIDENTIAL HOMES ARE OPERATED FOR THE CARE OF LOW-INCOME DEVELOPMENTALLY DISABLED CLIENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	2	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	2	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	44568	ContributionsGrantsPriorYear
Contributions Grants Current Year	43296	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	34344	ProgramServiceRevenuePriorYear
Program Service Revenue CY	35616	ProgramServiceRevenueCY
Investment Income Prior Year	2	InvestmentIncomePriorYear
Investment Income Current Year	3	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	78914	TotalRevenuePriorYear
Total Revenue Current Year	78915	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	0	SalariesEtcPriorYear
Salaries Etc Current Year	0	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	90451	OtherExpensePriorYear
Other Expenses Current Year	88278	OtherExpensesCurrentYear
Total Expenses Prior Year	90451	TotalExpensesPriorYear
Total Expenses Current Year	88278	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-11537	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-9363	RevenuesLessExpensesCY
Total Assets BOY	626007	TotalAssetsBOY
Total Assets EOY	624596	TotalAssetsEOY
Total Liabilities BOY	208332	TotalLiabilitiesBOY
Total Liabilities EOY	216284	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	417675	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	408312	NetAssetsOrFundBalancesEOY
Mission Description	TWO RESIDENTIAL HOMES ARE OPERATED FOR THE CARE OF LOW-INCOME DEVELOPMENTALLY DISABLED CLIENTS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	88278	Expense
Grants	43296	Grants
Revenue	35616	Revenue
Description	TWO RESIDENTIAL HOMES ARE OPERATED FOR THE CARE OF LOW-INCOME DEVELOPMENTALLY DISABLED CLIENTS.	Description
Total Program Service Expense	88278	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	1	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Excess Business Holdings	0	ExcessBusinessHoldings
Taxable Distributions	0	TaxableDistributions
Distribution To Donor	0	DistributionToDonor
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	2	NbrVotingGoverningBodyMembers
Number Independent Voting Members	2	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	1	LocalChapters
Policies Reference Chapters	1	PoliciesReferenceChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	PHILLIP MOTHERSPAW	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8185879450	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	20830 SHERMAN WAY	AddressLine1
City	WINNETKA	City
State	CA	State
ZIP Code	913062782	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (2 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
JUNE STANTON
BOARD PRESIDENT AND SECRET	0.10	X	X	0	0	0
DOLORES ZIMMERMANN
BOARD VICE-PRESIDENT/TREAS	0.10	X	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	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Government Grants	43296	GovernmentGrants
Total Contributions	43296	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TENANT RENT	Description
Business Code	531110	BusinessCode
Total Revenue Column	35616	TotalRevenueColumn
Related Or Exempt Function Income	35616	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	35616	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3	TotalRevenueColumn
Exclusion	$3	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	78915	TotalRevenueColumn
Related Or Exempt Function Income	35616	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$3	ExclusionAmount

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	3960	Total
Program Services	3960	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	6700	Total
Program Services	6700	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	28302	Total
Program Services	28302	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	4070	Total
Program Services	4070	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
CONTRACTS	26779	26779
UTILITIES	12931	12931
SANITATION/RUBBISH DISP	2566	2566
MAINTENANCE & REPAIRS	2366	2366

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	604	Total
Program Services	604	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	88278	Total
Program Services	88278	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	20402	BOY
EOY	28374	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	23665	BOY
EOY	28503	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1047521	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	479802	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	581940	BOY
EOY	567719	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	626007	BOY
EOY	624596	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	16772	BOY
EOY	26020	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	191560	BOY
EOY	190264	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	208332	BOY
EOY	216284	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-1005441	BOY
EOY	-1025232	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1423116	BOY
EOY	1433544	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	417675	BOY
EOY	408312	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	626007	BOY
EOY	624596	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-9363	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	47990	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	45167	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	44664	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	44568	CurrentTaxYearMinus1Year
Current Tax Year	43296	CurrentTaxYear
Total	225685	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	32352	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	31524	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	34248	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	34344	CurrentTaxYearMinus1Year
Current Tax Year	35616	CurrentTaxYear
Total	168084	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	80342	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	76691	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	78912	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	78912	CurrentTaxYearMinus1Year
Current Tax Year	78912	CurrentTaxYear
Total	393769	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	393769	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	46	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	23	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2	CurrentTaxYearMinus1Year
Current Tax Year	3	CurrentTaxYear
Total	76	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	46	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	23	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2	CurrentTaxYearMinus1Year
Current Tax Year	3	CurrentTaxYear
Total	76	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	80388	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	76714	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	78914	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	78914	CurrentTaxYearMinus1Year
Current Tax Year	78915	CurrentTaxYear
Total	393845	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99980	PublicSupportPercentage509
Prior Year Support Percentage	0.99970	PriorYearSupportPercentage
Investment Income Percentage	0.00020	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00030	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

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

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	340751	OtherCostOrOtherBasis
Book Value	340751	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	296997	OtherCostOrOtherBasis
Depreciation	147708	Depreciation
Book Value	149289	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	409773	OtherCostOrOtherBasis
Depreciation	332094	Depreciation
Book Value	77679	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	567719	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
DUE TO VALLEY VILLAGE	$186,052
OTHER ACCRUED LIABILITIES	$2,526
TENANT DEPOSITS	$1,686

Field	Value	IRS element (for citing)
Total Of Amounts	190264	TotalOfAmounts
Total Revenue	78915	TotalRevenue
Total Expenses	88278	TotalExpenses
Excess Or Deficit For Year	-9363	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-9363	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	78915	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	78915	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	78915	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	88278	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	88278	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	88278	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	Identifier
Return Reference	PART X:	ReturnReference
Explanation	THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2012. THE ORGANIZATION'S U.S. FEDERAL INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2008 ARE CLOSED. THE ORGANIZATION'S STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2007 ARE CLOSED. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS, IF APPLICABLE, AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	THE EXECUTIVE DIRECTOR AND THE CONTROLLER OF THE PROJECT MANAGEMENT COMPANY REVIEW THE TAX RETURN IN ITS ENTIRETY. THE TAX RETURN IS MADE AVAILABLE TO THE AUDIT COMMITTEE OF THE PROJECT MANAGEMENT COMPANY.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION MONITORS AND REQUIRES DISCLOSURE OF POTENTIAL CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	AS APPLICABLE, THE ORGANIZATION REVIEWS SALARY SURVEYS AND DIRECT COMPETITORS' PUBLIC FILINGS.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO NON-PROFIT MONITORING SITES AND IS AVAILABLE UPON REQUEST.
	THE ORGANIZATION HAS AN ACTIVE BOARD OF DIRECTORS AND THE PROJECT MANAGEMENT COMPANY HAS AN AUDIT COMMITTEE THAT RECOMMENDS THE AUDITING FIRM AND REVIEWS THE AUDITED FINANCIAL STATEMENT.
	FORM 990, PART VI, SECTION B, LINE 13: THE MANAGEMENT COMPANY (VALLEY VILLAGE) HAS ADOPTED A WHISTLEBLOWER POLICY THAT IS APPLICABLE TO THE ORGANIZATION.