FALMOUTH HOUSING CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: FALMOUTH HOUSING CORPORATION (EIN 04-3333866)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-31
IRS object ID: 201221529349300702
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	2012-05-31T08:35:50-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SANDERS WALSH & EATON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX F	AddressLine1
City	OSTERVILLE	City
State	MA	State
ZIP Code	02655	ZIPCode

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	043333866	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	FALMOUTH HOUSING CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	FALM	NameControl
Phone	5085404009	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	704 MAIN STREET	AddressLine1
City	FALMOUTH	City
State	MA	State
ZIP Code	025402658	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT MURRAY	Name
Title	PRESIDENT	Title
Phone	5085404009	Phone
Date Signed	2012-05-16	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MICHAEL J WALSH CPA	Name
Phone	5084280790	Phone
Date Prepared	2012-05-23	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)
Gross Receipts	1315299	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Activity Or Mission Description	EDUCATE, STIMULATE, RESEARCH AND PROVIDE AFFORDABLE HOUSING IN THE TOWN OF FALMOUTH.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	88922	ContributionsGrantsPriorYear
Contributions Grants Current Year	186200	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	396674	ProgramServiceRevenuePriorYear
Program Service Revenue CY	376495	ProgramServiceRevenueCY
Investment Income Prior Year	345	InvestmentIncomePriorYear
Investment Income Current Year	14522	InvestmentIncomeCurrentYear
Other Revenue Prior Year	182882	OtherRevenuePriorYear
Other Revenue Current Year	119061	OtherRevenueCurrentYear
Total Revenue Prior Year	668823	TotalRevenuePriorYear
Total Revenue Current Year	696278	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	15844	SalariesEtcPriorYear
Salaries Etc Current Year	15984	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	9465	TotalFundrsngExpCurrentYear
Other Expense Prior Year	577416	OtherExpensePriorYear
Other Expenses Current Year	558584	OtherExpensesCurrentYear
Total Expenses Prior Year	593260	TotalExpensesPriorYear
Total Expenses Current Year	574568	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	75563	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	121710	RevenuesLessExpensesCY
Total Assets BOY	5440048	TotalAssetsBOY
Total Assets EOY	4890856	TotalAssetsEOY
Total Liabilities BOY	4306231	TotalLiabilitiesBOY
Total Liabilities EOY	3635329	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1133817	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1255527	NetAssetsOrFundBalancesEOY
Mission Description	EDUCATE, STIMULATE, RESEARCH AND PROVIDE AFFORDABLE HOUSING IN THE TOWN OF FALMOUTH.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	528735	Expense
Description	ACQUIRE, CONSTRUCT, MANAGE, MAINTAIN AND MAKE AVAILABLE, THROUGH ANY AVAILABLE RESOURCE, AFFORDABLE HOUSING IN THE TOWN OF FALMOUTH TO A PERSON OR FAMILIES IN NEED OF ECONOMIC ASSISTANCE.	Description
Total Program Service Expense	528735	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	2	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ROBERT MURRAY	NamePerson
Telephone Number	5085404009	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	704 MAIN STREET	AddressLine1
City	FALMOUTH	City
State	MA	State
ZIP Code	02540	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
THOMAS LACEY
DIRECTOR	5.00	X	0	0	0
EDWARD MARKS
DIRECTOR	5.00	X	0	0	0
JILLIAN GILLICK
DIRECTOR	5.00	X	0	0	0
JESSICA ERICKSON
DIRECTOR	5.00	X	0	0	0
MICHAEL ROSSETTI
DIRECTOR	5.00	X	0	0	0
ROBERT H MURRAY
PRESIDENT	40.00		60000	0	0	X
FRANK K DUFFY JR ESQ
CLERK	10.00		0	0	0	X
SALLY FRITZ
SECRETARY	10.00		0	0	0	X
THOMS LEBACH
TREASURER	10.00		0	0	0	X
ERIC T TURKINGTON
VICE PRESIDE	10.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	60000	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	186200	AllOtherContributions
Total Contributions	186200	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	PROGRAM SERVICE REVENUE	Description
Total Revenue Column	376495	TotalRevenueColumn
Exclusion	$376,495	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	376495	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	218	TotalRevenueColumn
Exclusion	$218	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	633325	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	619021	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	14304	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	14304	TotalRevenueColumn
Related Or Exempt Function Income	14304	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	FEE	Description
Total Revenue Column	119061	TotalRevenueColumn
Exclusion	$119,061	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	119061	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	696278	TotalRevenueColumn
Related Or Exempt Function Income	14304	RelatedOrExemptFunctionIncome
Exclusion	$495,774	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	14545	Total
Program Services	14545	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1439	Total
Program Services	1439	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	12650	Total
Management And General	12650	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	9765	Total
Management And General	9765	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	16166	Total
Program Services	16166	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	922	Total
Program Services	922	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	165698	Total
Program Services	165698	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	103286	Total
Program Services	103286	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	19748	Total
Program Services	19748	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
DESIGNATED GRANT	115000	115000
SUBSIDY RENT	31856	31856
REPAIRS AND MAINTENANCE	23959	23959
TAXES - REAL ESTATE	21862	21862

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	37672	Total
Program Services	14254	ProgramServices
Management And General	13953	ManagementAndGeneral
Fundraising	9465	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	574568	Total
Program Services	528735	ProgramServices
Management And General	36368	ManagementAndGeneral
Fundraising	9465	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	43561	BOY
EOY	396544	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	305239	BOY
EOY	170938	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4427	BOY
EOY	7427	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4674304	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	747872	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4796294	BOY
EOY	3926432	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	121315	BOY
EOY	104471	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	169212	BOY
EOY	285044	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5440048	BOY
EOY	4890856	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14778	BOY
EOY	7428	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	4241645	BOY
EOY	3578093	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	49808	BOY
EOY	49808	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4306231	BOY
EOY	3635329	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	1133817	BOY
EOY	1255527	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1133817	BOY
EOY	1255527	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5440048	BOY
EOY	4890856	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	121710	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

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	119150	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	99500	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	208262	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	88922	CurrentTaxYearMinus1Year
Current Tax Year	186200	CurrentTaxYear
Total	702034	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	291882	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	358820	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	409840	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	579556	CurrentTaxYearMinus1Year
Current Tax Year	495556	CurrentTaxYear
Total	2135654	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	411032	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	458320	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	618102	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	668478	CurrentTaxYearMinus1Year
Current Tax Year	681756	CurrentTaxYear
Total	2837688	Total

Field	Value	IRS element (for citing)
Public Support Total509	2837688	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1611	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	502	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	345	CurrentTaxYearMinus1Year
Current Tax Year	218	CurrentTaxYear
Total	2709	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1611	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	502	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	345	CurrentTaxYearMinus1Year
Current Tax Year	218	CurrentTaxYear
Total	2709	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	411065	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	459931	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	618604	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	668823	CurrentTaxYearMinus1Year
Current Tax Year	681974	CurrentTaxYear
Total	2840397	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99900	PublicSupportPercentage509
Prior Year Support Percentage	0.99900	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
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

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	761850	OtherCostOrOtherBasis
Book Value	761850	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3722202	OtherCostOrOtherBasis
Depreciation	735143	Depreciation
Book Value	2987059	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15544	OtherCostOrOtherBasis
Depreciation	12729	Depreciation
Book Value	2815	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	174708	OtherCostOrOtherBasis
Book Value	174708	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3926432	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
INVESTMENT IN OTHER PROPERTY	236544
DEPOSIT ON PROPERTY	48500

Field	Value	IRS element (for citing)
Total Book Value Other Assets	285044	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
DUE TO RELATED PARTY	$49,058
SECURITY DEPOSITS	$750

Field	Value	IRS element (for citing)
Total Of Amounts	49808	TotalOfAmounts
Total Revenue	696278	TotalRevenue
Total Expenses	574568	TotalExpenses
Excess Or Deficit For Year	121710	ExcessOrDeficitForYear
Other	-$2	OtherAmount
Total Adjustments	-2	TotalAdjustments
Excess Or Deficit Per FS	121708	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	696278	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	696278	RevenueSubtotal
Total Revenue Per Form990	696278	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	574570	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	2	OtherExpensesIncluded
Expenses Not Rptd F990	2	ExpensesNotRptdF990
Expenses Subtotal	574568	ExpensesSubtotal
Total Expenses Per Form990	574568	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	BOOK / TAX DEPRECIATION DIFFERENCE -2
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 2D	BOOK / TAX DEPRECIATION DIFFERENCE 2

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 FILING VIA E-MAIL AND HAVE AUTHORIZED THE PRESIDENT TO REVIEW AND SIGN ON THEIR BEHALF.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE ORGANIZATION APPROVE A CONFLICT OF INTERST POLICY AND FOLLOWS IT AS WRITTEN AND RECORDED IN THE MINUTES. THE BOARD IS RESPONSIBLE TO INSURE COMPLIANCE.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	INDEPENDENT BOARD MEMBERS REVIEWED AND APPROVED THE COMPENSATION OF THE KEY EMPLOYEES AND DOCUMENTED THE PROCESS IN MINUTES OF THE BOARD OF DIRECTORS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.