2024-10-30T12:23:19-04:00 2024-03-31 510202843 LANK JOHNSON & TULL CPAS 521 N MARKET ST EXT SEAFORD DE 19973 990 2023-04-01 510385897 DIMA VIII INC DIMA 3024270787 2400 WEST FOURTH ST WILMINGTON DE 19805 EDWARD MCNALLY PRESIDENT/SECRETARY 3024270787 2024-10-30 true true RICHARD L TULL CPA P00158719 3026299543 2024-10-30 2023 2024-10-15 13:58:12Z EDWARD MCNALLY 106 MARCELLA RD WILMINGTON DE 198033411 115639 false X N/A X 1998 DE TO PROVIDE SAFE, AFFORDABLE HOUSING TO THOSE IN OUR COMMUNITY WHO ARE LIVING WITH MENTAL ILLNESS. 6 6 0 6 0 58239 58768 47611 56355 68 516 257 0 106175 115639 0 0 24960 21836 0 0 115564 120646 140524 142482 -34349 -26843 661912 629535 1252453 1247662 -590541 -618127 TO PROVIDE SAFE, AFFORDABLE HOUSING TO THOSE IN OUR COMMUNITY WHO ARE LIVING WITH MENTAL ILLNESS. false false 132482 56355 TO PROVIDE SAFE, AFFORDABLE HOUSING FOR THOSE IN OUR COMMUNITY LIVING WITH MENTAL ILLNESS. TO SOLICIT, RECEIVE, INVEST, ADMINISTER AND DISTRIBUTE FUNDS FOR THE STATED PURPOSE. 132482 true false false false false false false false true false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true false false true true true false X MERTON BRIGGS 3024270787 373 CHICKORY WAY NEWARK DE 197111538 X HAROLD BOZEMAN TRUSTEE 0.25 X 0 0 0 MERTON BRIGGS TREASURER 1.00 X X 0 0 0 LISA DELEONARDO TRUSTEE 0.25 X 0 0 0 SARAH GALBRAITH TRUSTEE 0.25 X 0 0 0 EDWARD MCNALLY PRESIDENT/SE 1.00 X X 0 0 0 BURLEY MELTON TRUSTEE 0.25 X 0 0 0 false false false 58768 58768 TENANT RENT 532000 56355 56355 56355 516 516 115639 56355 516 17186 17186 3175 3175 1475 1475 10521 10521 10000 10000 93 93 3151 3151 58447 58447 38434 38434 142482 132482 10000 0 18357 10756 10786 1362 5601 1317702 728946 613910 588756 17527 24392 661912 629535 62282 55525 3989 5955 2759 2759 1169200 1169200 6250 6250 7973 7973 1252453 1247662 X -590541 -618127 -590541 -618127 661912 629535 X -26843 -743 X false true X true true true X 46422 42353 44782 58239 58768 250564 55272 55622 54858 47868 56355 269975 101694 97975 99640 106107 115123 520539 520539 206 10 6 68 516 806 206 10 6 68 516 806 101900 97985 99646 106175 115639 521345 0.99850 0.99910 0.00000 0.00000 X false false 56000 56000 1256312 723556 532756 588756 MINIMUM CAPITAL RESERVE 7973 7973 X 115639 115639 115639 142482 142482 142482 SCHEDULE D, PAGE 3, PART X DIMA VIII, INC. QUALIFIES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE SERVICE (IRS) CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRS SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE FINANCIAL ACCOUNTING STANDARDS BOARD ON STATEMENTS PERTAINING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FEDERAL RETURNS OF THE ORGANIZATION FOR THE PRIOR THREE YEARS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE TAX POSITIONS TAKEN BY THE ORGANIZATION DURING THESE YEARS ARE BASED ON CLEAR AND UNAMBIGUOUS TAX LAW; MANAGEMENT HAS A HIGH LEVEL OF CONFIDENCE IN THE TECHNICAL MERITS OF THE POSTIONS TAKEN. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD APPROVES ALL EXECUTIVE COMPENSATION; CURRENTLY THE ORGANIZATION HAS NO DIRECT EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD APPROVES ALL OTHER COMPENSATION; CURRENTLY THE ORGANIZATION HAS NO DIRECT EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 ALLOWANCE FOR CURRENT EXPECTED CREDIT LOSSES -743