{"success":true,"data":{"_id":542189693,"filings":[{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The purposes and powers of trosa commercial, inc. Are confined to holding title to property, collecting income from the property, and turning the income over to trosa, inc., which is a tax exempt 501(c)3 corporation.","primary_activities":"Obtained funding to provide affordable housing to low income individuals and families in durham county, north carolina.","year":2009,"name":"TROSA COMMERCIAL INC","phone":"9194191059","website":"WWW.TROSAINC.ORG","type":"990","principal_officer":"ALAN SEAWELL","year_formation":2005,"state_legal_domicile":"NC","tax_period_begin":"2009-07-01T00:00:00","tax_period_end":"2010-06-30T00:00:00","address":"1820 JAMES STREET, DURHAM, NC, 277072024, USA","city":"DURHAM","state":"NC","country":"USA","zip_code":"277072024"},"Governance":{"501c determination":true,"Number of voting members":5,"Number of independent voting members":5,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":true,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":true,"Accountant compile or review":false,"Financial statements audited by independent accountant":true,"Audit committee":true,"Federal grant audit required":true,"Federal grant audit performed":true,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":1160225,"Contributions":{"value":1038725,"Related organizations":1038725},"Program revenue":{"value":121500,"Total revenue":121500},"Investment income":{"value":0},"Other revenues":{"value":0}},"Expenses":{"value":135844,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":135844,"Interest":60097,"Depreciation and depletion":75747}},"Assets":{"value":1797520,"Accounts receivable":758795,"Land, building, equipment":1038725},"Liabilities":{"value":1811864,"Unsecured notes loans payable":1811864},"Fund balance":{"value":-14344},"Form990Details":{"program_service_accomplishments":[{"description":"OBTAINED FUNDING TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES IN DURHAM COUNTY, NORTH CAROLINA.","expense":135844,"revenue":121500}],"program_service_revenue_detail":[{"description":"RENTAL INCOME","total_revenue":121500,"related_or_exempt_function_income":121500}],"functional_expense_allocations":{"interest":{"program_services":60097,"total":60097},"depreciation_depletion":{"program_services":75747,"total":75747}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true},"principal_officer_detail":{"person_name":"ALAN SEAWELL","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"277072024"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"audited_financial_statement_separate":true,"federal_grant_audit_required":true,"federal_grant_audit_performed":true},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":true,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_are_in_care_of":{"person_name":"KIM CHAMBERS","phone":"9194191059","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707"},"officers_directors_key_employees":[{"title":"PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":52258,"other_compensation":0,"individual_trustee_or_director":true},{"title":"TREASURER","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":44287,"other_compensation":0,"individual_trustee_or_director":true},{"title":"SECRETARY","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"DIRECTOR","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"DIRECTOR","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"donor_advised_funds":{"disclosed_organization_legal_control":false,"disclosed_for_charitable_purposes":false},"conservation_easements":{"written_policy_monitoring":false,"section_170h_requirements_satisfied":false},"collections":{"solicited_assets_sale":false},"escrow_accounts":{"agent_trustee_etc":false,"included_on_financial_statements":false},"endowment_funds":{"held_by_unrelated_organizations":false,"held_by_related_organizations":false,"related_organizations_listed_schedule_r":false},"land_buildings_equipment":{"land":{"other_cost_or_other_basis":288003,"book_value":288003},"buildings":{"other_cost_or_other_basis":1384407,"book_value":750722,"depreciation":633685},"total_book_value":1038725},"net_assets_reconciliation":{"total_revenue":1160225,"total_expenses":135844,"excess_or_deficit_for_year":1024381,"other_amount":-1038725,"total_adjustments":-1038725,"excess_or_deficit_per_financial_statements":-14344},"revenue_reconciliation":{"total_revenue_audited_financial_statements":121500,"revenue_subtotal":121500,"other_revenues_not_included":1038725,"revenue_not_reported_financial_statement":1038725,"total_revenue_per_990":1160225},"expense_reconciliation":{"total_expenses_audited_financial_statements":135844,"expenses_subtotal":135844,"total_expenses_per_990":135844},"supplemental_information":[{"identifier":"LIABILITY UNDER FIN 48 FOOTNOTE","form_and_line_reference":"SCHEDULE D, PAGE 3, PART X","explanation":"THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-25, RECOGNITION OF A TAX POSITION. ACCORDINGLY, IT IS THE ORGANIZATION'S POLICY TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2010. TAX YEARS SUBSEQUENT TO 2006 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS."},{"identifier":"RECONCILIATION OF CHANGES - OTHER","form_and_line_reference":"SCHEDULE D, PAGE 4, PART XI, LINE 8","explanation":"INTERCOMPANY CONTRIBUTION -1,038,725"},{"identifier":"REVENUE AMOUNTS INCLUDED ON RETURN - OTHER","form_and_line_reference":"SCHEDULE D, PAGE 4, PART XII, LINE 4B","explanation":"INTERCOMPANY CONTRIBUTION 1,038,725"}]},"ScheduleR":{"tax_exempt_organizations":[{"ein":561861158,"primary_activities":"R/E HSING","exempt_code_section":"501","public_charity_status":"9","legal_domicile_state":"NC","direct_controlling_business_name_line1":"NA","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":562133504,"business_name_line1":"TROSA HOUSING INC","primary_activities":"R/E HSING","exempt_code_section":"501","public_charity_status":"9","legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA HOUSING INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":542189695,"business_name_line1":"TROSA RESIDENTIAL INC","primary_activities":"R/E HSING","exempt_code_section":"501","legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA RESIDENTIAL INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"taxable_corporations_and_trusts":[{"ein":200142949,"business_name_line1":"NORTH STREET VENTURES","primary_activity":"LANDHOLDI","ownership_percentage":1.0,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","type_of_entity":"C CORP","name":"NORTH STREET VENTURES","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"transaction_flags":{"gift_grant_or_capital_contribution_from_other_org":true,"gift_grant_or_capital_contribution_to_other_org":false,"loans_or_guarantees_from_other_org":false,"loans_or_guarantees_to_other_org":true,"performance_of_services_by_other_orgs":false,"performance_of_services_for_other_orgs":false,"sharing_of_facilities":false,"sharing_of_paid_employees":false,"reimbursement_paid_by_other_org":false,"reimbursement_paid_to_other_org":false,"rental_of_facilities_from_other_orgs":false,"rental_of_facilities_to_other_orgs":true,"purchase_of_assets_from_other_org":false,"sale_of_assets_to_other_org":false,"exchange_of_assets":false,"receipt_of_interest_annuities_rents_royalties":false,"other_transfer_from_other_org":false,"other_transfer_to_other_org":false},"transactions":[{"business_name_line1":"TROSA INC","amount_involved":1038725,"transaction_type":"C","name":"TROSA INC"},{"business_name_line1":"TROSA HOUSING","amount_involved":440449,"transaction_type":"D","name":"TROSA HOUSING"},{"business_name_line1":"TROSA INC","amount_involved":318296,"transaction_type":"D","name":"TROSA INC"},{"business_name_line1":"TROSA INC","amount_involved":121500,"transaction_type":"I","name":"TROSA INC"}]},"source_xml":"201110899349300001_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The purposes and powers of trosa commercial, inc. Are confined to holding title to property, collecting income from the property, and remitting any excess of revenues less debt service + depreciation reserve to trosa, inc., the tax exempt 501(c)3 organization that this organization supports.","primary_activities":"Received intercompany rental income from its i.r.c. 501(c)(3) parent organization in order to maintain certain real estate with which it conducts its program services. This rent revenue is reported as \"related or exempt function revenue\" on part viii, statement of revenue (see also schedule r).\n\nThe purposes and powers of trosa commercial, inc. Are confined to holding title to property, collecting income from the property, and remitting any excess of revenues less debt service + depreciation reserve to trosa, inc., the tax exempt 501(c)3 organization that this organization supports.","year":2010,"name":"TROSA COMMERCIAL INC","phone":"9194191059","website":"WWW.TROSAINC.ORG","type":"990","principal_officer":"KEVIN MCDONALD","year_formation":2005,"state_legal_domicile":"NC","tax_period_begin":"2010-07-01T00:00:00","tax_period_end":"2011-06-30T00:00:00","address":"1820 JAMES STREET, DURHAM, NC, 277072024, USA","city":"DURHAM","state":"NC","country":"USA","zip_code":"277072024"},"Governance":{"501c determination":true,"Number of voting members":4,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":true,"Accountant compile or review":false,"Financial statements audited by independent accountant":true,"Audit committee":true,"Federal grant audit required":true,"Federal grant audit performed":true,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":295200,"Contributions":{"value":0},"Program revenue":{"value":295200,"Total revenue":295200},"Investment income":{"value":0},"Other revenues":{"value":0}},"Expenses":{"value":206408,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":206408,"Interest":116790,"Depreciation and depletion":75421,"Insurance":14197}},"Assets":{"value":2748556,"Non-interest bearing cash":1,"Accounts receivable":1783552,"Land, building, equipment":965003},"Liabilities":{"value":1635382,"Unsecured notes loans payable":1635382},"Fund balance":{"value":1113174},"Form990Details":{"program_service_accomplishments":[{"description":"RECEIVED INTERCOMPANY RENTAL INCOME FROM ITS I.R.C. 501(C)(3) PARENT ORGANIZATION IN ORDER TO MAINTAIN CERTAIN REAL ESTATE WITH WHICH IT CONDUCTS ITS PROGRAM SERVICES. THIS RENT REVENUE IS REPORTED AS \"RELATED OR EXEMPT FUNCTION REVENUE\" ON PART VIII, STATEMENT OF REVENUE (SEE ALSO SCHEDULE R).","expense":206408,"revenue":295200}],"program_service_revenue_detail":[{"description":"RENTAL INCOME","total_revenue":295200,"related_or_exempt_function_income":295200}],"functional_expense_allocations":{"interest":{"program_services":116790,"total":116790},"depreciation_depletion":{"program_services":75421,"total":75421},"insurance":{"program_services":14197,"total":14197}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"KEVIN MCDONALD","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"277072024"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"audited_financial_statement_separate":true,"federal_grant_audit_required":true,"federal_grant_audit_performed":true},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":true,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_are_in_care_of":{"person_name":"KIM CHAMBERS","phone":"9194191059","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707"},"officers_directors_key_employees":[{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":150210,"other_compensation":10416,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":57277,"other_compensation":9266,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":56695,"other_compensation":11129,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"donor_advised_funds":{"disclosed_organization_legal_control":false,"disclosed_for_charitable_purposes":false},"conservation_easements":{"written_policy_monitoring":false,"section_170h_requirements_satisfied":false},"collections":{"solicited_assets_sale":false},"escrow_accounts":{"agent_trustee_etc":false,"included_on_financial_statements":false},"endowment_funds":{"held_by_unrelated_organizations":false,"held_by_related_organizations":false,"related_organizations_listed_schedule_r":false},"land_buildings_equipment":{"land":{"other_cost_or_other_basis":288003,"book_value":288003},"buildings":{"other_cost_or_other_basis":1386107,"book_value":677000,"depreciation":709107},"total_book_value":965003},"net_assets_reconciliation":{"total_revenue":295200,"total_expenses":206408,"excess_or_deficit_for_year":88792,"excess_or_deficit_per_financial_statements":88792},"revenue_reconciliation":{"total_revenue_audited_financial_statements":295200,"revenue_subtotal":295200,"total_revenue_per_990":295200},"expense_reconciliation":{"total_expenses_audited_financial_statements":206408,"expenses_subtotal":206408,"total_expenses_per_990":206408},"supplemental_information":[{"identifier":"LIABILITY UNDER FIN 48 FOOTNOTE","form_and_line_reference":"SCHEDULE D, PAGE 3, PART X","explanation":"THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-25, RECOGNITION OF A TAX POSITION. ACCORDINGLY, IT IS THE ORGANIZATION'S POLICY TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2011. TAX YEARS SUBSEQUENT TO 2007 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS."}]},"ScheduleJ":{"compensation_process":{"board_or_committee_approval":true},"compensation_arrangements":{"severance_payment":false,"supplemental_nonqualified_retirement_plan":false,"equity_based_compensation_arrangement":false},"compensation":[{"person_name":"KEVIN MCDONALD","compensation_based_on_related_orgs":150210,"nontaxable_benefits_related_orgs":10416,"total_compensation_related_orgs":160626,"name":"KEVIN MCDONALD"}]},"ScheduleR":{"tax_exempt_organizations":[{"ein":561861158,"primary_activities":"R/E HSING","exempt_code_section":"501C3","public_charity_status":"9","controlled_organization":false,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"NA","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":562133504,"business_name_line1":"TROSA HOUSING INC","primary_activities":"R/E HSING","exempt_code_section":"501C3","public_charity_status":"9","controlled_organization":true,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA HOUSING INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":542189695,"business_name_line1":"TROSA RESIDENTIAL INC","primary_activities":"R/E HSING","exempt_code_section":"501C2","controlled_organization":true,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA RESIDENTIAL INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"taxable_corporations_and_trusts":[{"ein":200142949,"business_name_line1":"NORTH STREET VENTURES (DISSOLVED)","primary_activity":"LANDHOLDI","ownership_percentage":1.0,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","type_of_entity":"C CORP","name":"NORTH STREET VENTURES (DISSOLVED)","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"transaction_flags":{"gift_grant_or_capital_contribution_from_other_org":false,"gift_grant_or_capital_contribution_to_other_org":false,"loans_or_guarantees_from_other_org":false,"loans_or_guarantees_to_other_org":false,"performance_of_services_by_other_orgs":false,"performance_of_services_for_other_orgs":false,"sharing_of_facilities":false,"sharing_of_paid_employees":false,"reimbursement_paid_by_other_org":false,"reimbursement_paid_to_other_org":false,"rental_of_facilities_from_other_orgs":false,"rental_of_facilities_to_other_orgs":true,"purchase_of_assets_from_other_org":false,"sale_of_assets_to_other_org":false,"exchange_of_assets":false,"receipt_of_interest_annuities_rents_royalties":false,"other_transfer_from_other_org":false,"other_transfer_to_other_org":false},"transactions":[{"business_name_line1":"TROSA INC","amount_involved":295200,"method_of_amount_determination":"FMV","transaction_type":"I","name":"TROSA INC"}],"supplemental_information":[{"identifier":"ADDITIONAL INFORMATION","form_and_line_reference":"SCHEDULE R","explanation":"NORTH STREET VENTURES DISSOLVED AS OF FEBRUARY 2011 THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC TROSA INC TROSA HOUSING INC TROSA COMMERCIAL INC AND TROSA RESIDENTIAL INC TROSA HOUSING INC TROSA COMMERCIAL INC AND TROSA RESIDENTIAL INC ARE CONSOLIDATED DUE TO TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC HAVING BOTH AN ECONOMIC INTEREST AND CONTROL OF APPOINTMENTS TO THE GOVERNING BOARDS ALL MATERIAL INTRAENTITY BALANCES AND TRANSACTIONS HAVE BEEN ELIMINATED CURRENTLY THE ONLY TENANTS OCCUPYING THE REAL ESTATE HELD BY THE ORGANIZATION IS THE PARENT ENTITY TROSA INC IN ACCORDANCE WITH THE LEASE EXECUTED AMONGST THE PARTIES AND CONSISTENT WITH THE INTERNAL BOOKS AND RECORDS RENTAL INCOME HAS BEEN REPORTED ON PART VIII LINE 2A NOTE THAT THE RENTAL INCOME RECORDED ON THE INTERNAL RECORDS IS NONETHELESS A RESULT OF THE USE OF THE PREMISES SOLELY IN FURTHERANCE OF THE EXEMPT PURPOSE OF THE PARENT ORGANIZATION AND AS SUCH IS DULY REPORTED AS RELATED OR EXEMPT FUNCTION REVENUE CONSISTENT WITH THE INTERNAL REVENUE CODE AND RELATED TREASURY REGULATIONS PERTAINING TO IRC 501C2 TITLE HOLDING COMPANY ACTIVITIES THE EXPENSES REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES RELATE ONLY TO THE OWNERSHIP AND MAINTENANCE OF THIS REAL ESTATE IN ADDITION FOR FINANCIAL STATEMENT PURPOSES ANY INTERORGANIZATION INCOME AND EXPENSES ARE PROPERLY ELIMINATED UPON CONSOLIDATION"}]},"source_xml":"201113509349300106_public.xml"}],"Latest":{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The purposes and powers of trosa commercial, inc. Are confined to holding title to property, collecting income from the property, and remitting any excess of revenues less debt service + depreciation reserve to trosa, inc., the tax exempt 501(c)3 organization that this organization supports.","primary_activities":"Received intercompany rental income from its i.r.c. 501(c)(3) parent organization in order to maintain certain real estate with which it conducts its program services. This rent revenue is reported as \"related or exempt function revenue\" on part viii, statement of revenue (see also schedule r).\n\nThe purposes and powers of trosa commercial, inc. Are confined to holding title to property, collecting income from the property, and remitting any excess of revenues less debt service + depreciation reserve to trosa, inc., the tax exempt 501(c)3 organization that this organization supports.","year":2010,"name":"TROSA COMMERCIAL INC","phone":"9194191059","website":"WWW.TROSAINC.ORG","type":"990","principal_officer":"KEVIN MCDONALD","year_formation":2005,"state_legal_domicile":"NC","tax_period_begin":"2010-07-01T00:00:00","tax_period_end":"2011-06-30T00:00:00","address":"1820 JAMES STREET, DURHAM, NC, 277072024, USA","city":"DURHAM","state":"NC","country":"USA","zip_code":"277072024"},"Governance":{"501c determination":true,"Number of voting members":4,"Number of independent voting members":1,"Number of employees total":0,"Total Gross UBI":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":false,"Election of board members":false,"Decisions subject to approval":false,"Minutes of governing body":true,"Local chapters":false,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":true,"Accountant compile or review":false,"Financial statements audited by independent accountant":true,"Audit committee":true,"Federal grant audit required":true,"Federal grant audit performed":true,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":295200,"Contributions":{"value":0},"Program revenue":{"value":295200,"Total revenue":295200},"Investment income":{"value":0},"Other revenues":{"value":0}},"Expenses":{"value":206408,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":206408,"Interest":116790,"Depreciation and depletion":75421,"Insurance":14197}},"Assets":{"value":2748556,"Non-interest bearing cash":1,"Accounts receivable":1783552,"Land, building, equipment":965003},"Liabilities":{"value":1635382,"Unsecured notes loans payable":1635382},"Fund balance":{"value":1113174},"Form990Details":{"program_service_accomplishments":[{"description":"RECEIVED INTERCOMPANY RENTAL INCOME FROM ITS I.R.C. 501(C)(3) PARENT ORGANIZATION IN ORDER TO MAINTAIN CERTAIN REAL ESTATE WITH WHICH IT CONDUCTS ITS PROGRAM SERVICES. THIS RENT REVENUE IS REPORTED AS \"RELATED OR EXEMPT FUNCTION REVENUE\" ON PART VIII, STATEMENT OF REVENUE (SEE ALSO SCHEDULE R).","expense":206408,"revenue":295200}],"program_service_revenue_detail":[{"description":"RENTAL INCOME","total_revenue":295200,"related_or_exempt_function_income":295200}],"functional_expense_allocations":{"interest":{"program_services":116790,"total":116790},"depreciation_depletion":{"program_services":75421,"total":75421},"insurance":{"program_services":14197,"total":14197}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true,"schedule_o_part_xi":true},"principal_officer_detail":{"person_name":"KEVIN MCDONALD","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"277072024"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"audited_financial_statement_separate":true,"federal_grant_audit_required":true,"federal_grant_audit_performed":true},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":true,"related_org_controlled_entity":false,"compensation_from_other_sources":false,"annual_disclosure_covered_persons":true},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_are_in_care_of":{"person_name":"KIM CHAMBERS","phone":"9194191059","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707"},"officers_directors_key_employees":[{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":150210,"other_compensation":10416,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":57277,"other_compensation":9266,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":56695,"other_compensation":11129,"individual_trustee_or_director":true},{"title":"DIRECTOR","average_hours_per_week":1.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleD":{"donor_advised_funds":{"disclosed_organization_legal_control":false,"disclosed_for_charitable_purposes":false},"conservation_easements":{"written_policy_monitoring":false,"section_170h_requirements_satisfied":false},"collections":{"solicited_assets_sale":false},"escrow_accounts":{"agent_trustee_etc":false,"included_on_financial_statements":false},"endowment_funds":{"held_by_unrelated_organizations":false,"held_by_related_organizations":false,"related_organizations_listed_schedule_r":false},"land_buildings_equipment":{"land":{"other_cost_or_other_basis":288003,"book_value":288003},"buildings":{"other_cost_or_other_basis":1386107,"book_value":677000,"depreciation":709107},"total_book_value":965003},"net_assets_reconciliation":{"total_revenue":295200,"total_expenses":206408,"excess_or_deficit_for_year":88792,"excess_or_deficit_per_financial_statements":88792},"revenue_reconciliation":{"total_revenue_audited_financial_statements":295200,"revenue_subtotal":295200,"total_revenue_per_990":295200},"expense_reconciliation":{"total_expenses_audited_financial_statements":206408,"expenses_subtotal":206408,"total_expenses_per_990":206408},"supplemental_information":[{"identifier":"LIABILITY UNDER FIN 48 FOOTNOTE","form_and_line_reference":"SCHEDULE D, PAGE 3, PART X","explanation":"THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-25, RECOGNITION OF A TAX POSITION. ACCORDINGLY, IT IS THE ORGANIZATION'S POLICY TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2011. TAX YEARS SUBSEQUENT TO 2007 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS."}]},"ScheduleJ":{"compensation_process":{"board_or_committee_approval":true},"compensation_arrangements":{"severance_payment":false,"supplemental_nonqualified_retirement_plan":false,"equity_based_compensation_arrangement":false},"compensation":[{"person_name":"KEVIN MCDONALD","compensation_based_on_related_orgs":150210,"nontaxable_benefits_related_orgs":10416,"total_compensation_related_orgs":160626,"name":"KEVIN MCDONALD"}]},"ScheduleR":{"tax_exempt_organizations":[{"ein":561861158,"primary_activities":"R/E HSING","exempt_code_section":"501C3","public_charity_status":"9","controlled_organization":false,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"NA","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":562133504,"business_name_line1":"TROSA HOUSING INC","primary_activities":"R/E HSING","exempt_code_section":"501C3","public_charity_status":"9","controlled_organization":true,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA HOUSING INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"},{"ein":542189695,"business_name_line1":"TROSA RESIDENTIAL INC","primary_activities":"R/E HSING","exempt_code_section":"501C2","controlled_organization":true,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","name":"TROSA RESIDENTIAL INC","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"taxable_corporations_and_trusts":[{"ein":200142949,"business_name_line1":"NORTH STREET VENTURES (DISSOLVED)","primary_activity":"LANDHOLDI","ownership_percentage":1.0,"legal_domicile_state":"NC","direct_controlling_business_name_line1":"TROSA INC","address_line1":"1820 JAMES STREET","city":"DURHAM","state":"NC","zip":"27707","type_of_entity":"C CORP","name":"NORTH STREET VENTURES (DISSOLVED)","address":"1820 JAMES STREET, DURHAM, NC, 27707"}],"transaction_flags":{"gift_grant_or_capital_contribution_from_other_org":false,"gift_grant_or_capital_contribution_to_other_org":false,"loans_or_guarantees_from_other_org":false,"loans_or_guarantees_to_other_org":false,"performance_of_services_by_other_orgs":false,"performance_of_services_for_other_orgs":false,"sharing_of_facilities":false,"sharing_of_paid_employees":false,"reimbursement_paid_by_other_org":false,"reimbursement_paid_to_other_org":false,"rental_of_facilities_from_other_orgs":false,"rental_of_facilities_to_other_orgs":true,"purchase_of_assets_from_other_org":false,"sale_of_assets_to_other_org":false,"exchange_of_assets":false,"receipt_of_interest_annuities_rents_royalties":false,"other_transfer_from_other_org":false,"other_transfer_to_other_org":false},"transactions":[{"business_name_line1":"TROSA INC","amount_involved":295200,"method_of_amount_determination":"FMV","transaction_type":"I","name":"TROSA INC"}],"supplemental_information":[{"identifier":"ADDITIONAL INFORMATION","form_and_line_reference":"SCHEDULE R","explanation":"NORTH STREET VENTURES DISSOLVED AS OF FEBRUARY 2011 THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC TROSA INC TROSA HOUSING INC TROSA COMMERCIAL INC AND TROSA RESIDENTIAL INC TROSA HOUSING INC TROSA COMMERCIAL INC AND TROSA RESIDENTIAL INC ARE CONSOLIDATED DUE TO TRIANGLE RESIDENTIAL OPTIONS FOR SUBSTANCE ABUSERS INC HAVING BOTH AN ECONOMIC INTEREST AND CONTROL OF APPOINTMENTS TO THE GOVERNING BOARDS ALL MATERIAL INTRAENTITY BALANCES AND TRANSACTIONS HAVE BEEN ELIMINATED CURRENTLY THE ONLY TENANTS OCCUPYING THE REAL ESTATE HELD BY THE ORGANIZATION IS THE PARENT ENTITY TROSA INC IN ACCORDANCE WITH THE LEASE EXECUTED AMONGST THE PARTIES AND CONSISTENT WITH THE INTERNAL BOOKS AND RECORDS RENTAL INCOME HAS BEEN REPORTED ON PART VIII LINE 2A NOTE THAT THE RENTAL INCOME RECORDED ON THE INTERNAL RECORDS IS NONETHELESS A RESULT OF THE USE OF THE PREMISES SOLELY IN FURTHERANCE OF THE EXEMPT PURPOSE OF THE PARENT ORGANIZATION AND AS SUCH IS DULY REPORTED AS RELATED OR EXEMPT FUNCTION REVENUE CONSISTENT WITH THE INTERNAL REVENUE CODE AND RELATED TREASURY REGULATIONS PERTAINING TO IRC 501C2 TITLE HOLDING COMPANY ACTIVITIES THE EXPENSES REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES RELATE ONLY TO THE OWNERSHIP AND MAINTENANCE OF THIS REAL ESTATE IN ADDITION FOR FINANCIAL STATEMENT PURPOSES ANY INTERORGANIZATION INCOME AND EXPENSES ARE PROPERLY ELIMINATED UPON CONSOLIDATION"}]},"Ratings":{"Mission Deployment Rate":{"score":null},"Program Expense Ratio":{"score":null},"Fundraising Efficiency":{"score":null,"percentile":null},"Filing Consistency Score":{"score":1.0},"Grant Itemization Coverage":{"score":null},"Independent Voting Board Pct":{"score":0.25},"Operating Margin":{"score":0.3007859078590786,"percentile":0.8298296313085525},"Operating Reserve Ratio":{"score":13.316131157707066,"percentile":0.9184859642323238},"Liabilities to Assets Ratio":{"score":0.5949967910422782,"percentile":0.12516220175805776},"Officer Compensation Ratio":{"score":0.14927231502654936,"percentile":0.3879634630067599},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Foreign Oversight Score":{"score":null},"Major-Donor Itemization":{"score":null},"Related-Party Transparency":{"score":null},"Pay-Setting Controls":{"score":0.16666666666666666,"weight":5,"atoms":{"Compensation committee":{"value":false},"Independent compensation consultant":{"value":false},"Form 990 of other organizations reviewed":{"value":false},"Written employment contract":{"value":false},"Compensation survey or study":{"value":false},"Board or committee approval":{"value":true}}},"Governance Policy Score":{"score":0.7777777777777778,"weight":5,"atoms":{"Conflict of interest policy":{"value":true},"Whistle blower policy":{"value":true},"Document retention policy":{"value":true},"Compensation process for CEO":{"value":false},"Compensation process for other employees":{"value":false},"Form 990 provided to governing body":{"value":true},"Minutes of governing body":{"value":true},"Audit committee":{"value":true},"Independent audit financial statements":{"value":true}}},"Categories":{"Financial Efficiency":{"score":null,"weight":45},"Transparency & Controls":{"score":0.7023809523809524,"weight":20},"Accountability":{"score":0.46990740740740744,"weight":14},"Sustainability":{"score":0.7210187177152749,"weight":13},"Growth":{"score":null,"weight":8}},"Overall Score":{"score":0.6382886400344964,"percentile":0.20712723888099896}},"source_xml":"201113509349300106_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}