Managed East Chicago Housing Association in East Chicago, Indiana (IN)

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Managed East Chicago Housing Association
Employer Identification Number (EIN)454702693
Name of OrganizationManaged East Chicago Housing Association
In Care of NameNancy Almason
Address4920 Larkspur St, East Chicago, IN 46312-3736
SubsectionEducational Organization
Ruling Date05/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$69,353
Amount of Income$80,850
Form 990 Revenue Amount$80,850
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2013: $80,850 (it was $0 in 2012)
This organization: 

 $80,850
Other organizations performing similar types of work: 

 $141,278

Assets in 2013: $69,353 (it was $0 in 2012)
Managed East Chicago Housing Association: 

 $69,353
Other organizations performing similar types of work: 

 $740,093

Expenses in 2013: $43,486
This organization: 

 $43,486
Other organizations performing similar types of work: 

 $124,074

Income to expenses ratio in 2013: 1.9
Managed East Chicago Housing Association: 

 1.9
Other organizations performing similar types of work: 

 0.7

Grants share in income in 2013: 92.8%
Managed East Chicago Housing Association: 

 92.8%
Other organizations performing similar types of work: 

 3.7%

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$0$80,850
Contributions, gifts, grants, and similar amounts received$0$75,000
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$5,850
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$0$43,486
Total net assets$0$37,364
Excess/Deficit for the year$0$37,364
Net assets or fund balances at beginning of year$0$0
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$0$37,364
Balance Sheets
20122013
Total assets$0$69,353
Total liabilities$0$31,989
Net assets or fund balances$0$37,364
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$75,000
Subtotal Support$75,000
Gifts, grants, contributions, and membership fees received$75,000
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$75,000
Public Support$75,000
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vf Affordable Housing Inc448 Depot St Ne, Christiansbrg, VA 24073-2050VA2000-11$716,864
2Vine Street Manor Housing Corp2300 Flora, Kansas City, MO 64108MO2004-03$366,819
3Vision Communities Inc8900 Keystone Xing Ste 1200, Indianapolis, IN 46240-2136IN2003-07$3,130,082
4Southlake Tri-City Rba Corp8400 Louisiana Street, Merrillville, IN 46410-6385IN2007-08$2,103,958
5Nhc Hv Pul IncPO BOX 501188, Indianapolis, IN 46250-6188IN1999-05$1,289,020
6Schaadt Apartment Corporation8555 Taft St, Merrillville, IN 46410-6123IN2012-05$751,756
7Aspire Indiana Housing Inc9615 E 148th Street, Noblesville, IN 46060-4360IN2013-04$363,293
8Bloomington Cooperative Living IncorporatedPO BOX 2052, Bloomington, IN 47402-2052IN2011-01$296,275
9Whitley Crossings Neighborhood Corporation301 W Van Buren St Ste 201, Columbia City, IN 46725-2079IN1996-07$177,755
10Flora Apartments Inc115 N Division St, Flora, IN 46929-1013IN2014-09$151,239
11Southern Indiana Housing And Community Development Corporation748 Franklin St, Columbus, IN 47201-6218IN1995-01$123,733
12Waynedale Apartments Inc909 E State Blvd, Fort Wayne, IN 46805-3404IN1996-02$113,353
13Blue River Churubusco Inc904 Blue River Drive, Columbia City, IN 46725-1421IN2009-03$103,809
14Washington Court Redevelopment Corporation414 Citadel Cir, Evansville, IN 47715-4066IN1999-01$103,167
15Seddlemeyer Apartments Inc909 E State Blvd, Fort Wayne, IN 46805-3404IN1999-07$96,828
16Woodside Apartments Inc909 E State Blvd, Fort Wayne, IN 46805-3404IN1995-02$84,219
17Village Of Merici IncPo Box 436, Brownsburg, IN 46112IN2008-06$84,128
18Managed East Chicago Housing Association4920 Larkspur St, East Chicago, IN 46312-3736IN2013-05$80,850
19Watertower Residential Inc8400 Louisiana St, Merrillville, IN 46410-6385IN2003-07$73,214
20Bell Tower North Inc8400 Louisiana St, Merrillville, IN 46410-6385IN2009-05$70,631
Number of organizations performing similar types of work
Alaska15
Alabama79
Arkansas52
Arizona71
California590
Colorado62
Connecticut70
District of Columbia39
Delaware21
Florida278
Georgia199
Hawaii37
Iowa49
Idaho18
Illinois189
Indiana97
Kansas30
Kentucky63
Louisiana165
Massachusetts149
Maryland116
Maine37
Michigan201
Minnesota80
Missouri91
Mississippi47
Montana28
North Carolina133
North Dakota11
Nebraska34
New Hampshire15
New Jersey159
New Mexico19
Nevada27
New York431
Ohio189
Oklahoma55
Oregon47
Pennsylvania186
Rhode Island30
South Carolina70
South Dakota22
Tennessee105
Texas313
Utah33
Virginia114
Vermont10
Washington71
Wisconsin64
West Virginia23
Wyoming10
International36
Total5,080

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