ELDERLY CITIZENS HOUSING OPPORTUNITIES INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ELDERLY CITIZENS HOUSING OPPORTUNITIES INC (EIN 20-2038547)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-11-15
IRS object ID: 201123199349310052
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

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

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-15T16:58:44-06:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BARGO MILLS & ASSOCIATES PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	267 TERRELL LN	AddressLine1
City	BARBOURVILLE	City
State	KY	State
ZIP Code	40906	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	202038547	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ELDERLY CITIZEN'S HOUSING	BusinessNameLine1
Business Name Line2	OPPORTUNITIES INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	ELDE	NameControl
Phone	6064324178	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1468	AddressLine1
City	PIKEVILLE	City
State	KY	State
ZIP Code	41502	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GAYE NEWSOME	Name
Title	PRESIDENT	Title
Phone	6064324178	Phone
Date Signed	2011-11-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	TIMONTHY B BARGO	Name
Phone	6062770525	Phone
Date Prepared	2011-11-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GAYE NEWSOME	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1468	AddressLine1
City	PIKEVILLE	City
State	KY	State
ZIP Code	41502	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	71690	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2005	YearFormation
State Legal Domicile	KY	StateLegalDomicile
Activity Or Mission Description	LOW INCOME HOUSING	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	48957	ProgramServiceRevenuePriorYear
Program Service Revenue CY	71519	ProgramServiceRevenueCY
Investment Income Prior Year	59	InvestmentIncomePriorYear
Investment Income Current Year	171	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	49016	TotalRevenuePriorYear
Total Revenue Current Year	71690	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	97680	OtherExpensePriorYear
Other Expenses Current Year	98104	OtherExpensesCurrentYear
Total Expenses Prior Year	97680	TotalExpensesPriorYear
Total Expenses Current Year	98104	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-48664	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-26414	RevenuesLessExpensesCY
Total Assets BOY	2048650	TotalAssetsBOY
Total Assets EOY	2033017	TotalAssetsEOY
Total Liabilities BOY	1957251	TotalLiabilitiesBOY
Total Liabilities EOY	1968032	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	91399	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	64985	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	LOW INCOME HOUSING	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	THE ORGANIZATION OPERATES A 24 UNIT APARTMENT COMPLEX THAT PROVIDES LOW INCOME HOUSING FOR THE ELDERLY. THE CORPORATION OPERATES UNDER THE PROVISIONS OF SECTION 202 OF THE HOUSING ACT OF 1959.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	98104	Expense
Description	LOW INCOME HOUSING FOR THE ELDERLY	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	98104	TotalOfOtherProgramServiceExp
Total Program Service Expense	98104	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	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	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	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	false	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PIKE COUNTY HOUSING	NamePerson
Telephone Number	6064324178	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1468	AddressLine1
City	PIKEVILLE	City
State	KY	State
ZIP Code	41502	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
TONY CHRISTIAN
DIRECTOR	000.00	X	0	0	0
GLORIA HALL
DIRECTOR	000.00	X	0	0	0
GAYE NEWSOME
PRESIDENT	000.00		0	0	0	X
RON WRIGHT
V-PRESIDENT	000.00		0	0	0	X
TERESA BARTLEY
DIRECTOR	000.00		0	0	0	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	RENT INCOME	Description
Total Revenue Column	71519	TotalRevenueColumn
Related Or Exempt Function Income	71519	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	71519	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	171	TotalRevenueColumn
Related Or Exempt Function Income	171	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	71690	TotalRevenueColumn
Related Or Exempt Function Income	71690	RelatedOrExemptFunctionIncome

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	1750	Total
Program Services	1750	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	3081	Total
Program Services	3081	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	857	Total
Program Services	857	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	63721	Total
Program Services	63721	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
MANAGEMENT FEES	8225	8225
CONTRACTED SERVICES	7363	7363
TELEPHONE	3083	3083
AUDIT EXPENSES	3000	3000
PROPERTY INSURANCE	2941	2941

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	4083	Total
Program Services	4083	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	98104	Total
Program Services	98104	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	37046	BOY
EOY	84853	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	5526	BOY
EOY	5687	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1823	BOY
EOY	6087	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	6217	BOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2192941	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	264611	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1992051	BOY
EOY	1928330	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	5987	BOY
EOY	8060	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2048650	BOY
EOY	2033017	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	764	BOY
EOY	3100	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1950500	BOY
EOY	1950500	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	5987	BOY
EOY	14432	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1957251	BOY
EOY	1968032	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	91399	BOY
EOY	64985	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	91399	BOY
EOY	64985	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2048650	BOY
EOY	2033017	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-26414	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1897794	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	52706	CurrentTaxYearMinus3Years
Total	1950500	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1897794	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	52706	CurrentTaxYearMinus3Years
Total	1950500	Total

Field	Value	IRS element (for citing)
Public Support Total170	1950500	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	20347	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	22928	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	49016	CurrentTaxYearMinus1Year
Current Tax Year	71690	CurrentTaxYear
Total	163981	Total

Field	Value	IRS element (for citing)
Total Support	2114481	TotalSupport
Gross Receipts From Admissions Etc	71690	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.92240	PublicSupportPertcentage170
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

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	40000	OtherCostOrOtherBasis
Book Value	40000	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2152941	OtherCostOrOtherBasis
Depreciation	264611	Depreciation
Book Value	1888330	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1928330	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
SECURITY DEPOSITS	$8,060
DUE TO MCKINNEY	$6,372

Field	Value	IRS element (for citing)
Total Of Amounts	14432	TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACHIEVEMENTS DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	LOW INCOME HOUSING FOR THE ELDERLY
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	PIKE COUNTY AFFORDABLE HOUSING, INC. P.O. BOX 1468 PIKEVILLE, KY 41502
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC