Civic Intelligence

Wardwell Commons Elderly Housing Inc C/O Wardwell Home for the Aging Inc

990 • Fiscal year 2014 • EIN 01-0508663

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 23, 2014

43 Middle StreetSaco, ME 04072

(207) 284-7061

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.37x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

9.19x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

89th percentile

$107,349

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 105.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

41st percentile

-0.2%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

0.7%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$681,323

Down $1,552 (-0.2%) from 2013

Net Assets

Down

-$254,168

Down $1,858 (-0.7%) from 2013

Liabilities

Up

$935,491

Up $306 (+0.0%) from 2013

Revenue

Up

$101,751

Up $676 (+0.7%) from 2013

Expenses

Down

$103,609

Down $2,941 (-2.8%) from 2013

Net Income

Up

-$1,858

Up $3,617 (+66%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2011: $697,044Liabilities 2011: $943,508Net Assets 2011: -$246,4642011Assets 2012: $690,181Liabilities 2012: $937,016Net Assets 2012: -$246,8352012Assets 2013: $682,875Liabilities 2013: $935,185Net Assets 2013: -$252,3102013Assets 2014: $681,323Liabilities 2014: $935,491Net Assets 2014: -$254,1682014Assets 2015: $678,127Liabilities 2015: $935,935Net Assets 2015: -$257,8082015Assets 2016: $679,613Liabilities 2016: $935,787Net Assets 2016: -$256,1742016Assets 2017: $662,284Liabilities 2017: $953,939Net Assets 2017: -$291,6552017Assets 2018: $622,431Liabilities 2018: $936,486Net Assets 2018: -$314,0552018Assets 2019: $609,275Liabilities 2019: $936,699Net Assets 2019: -$327,4242019Assets 2020: $591,478Liabilities 2020: $937,285Net Assets 2020: -$345,8072020Assets 2021: $577,782Liabilities 2021: $937,215Net Assets 2021: -$359,4332021Assets 2022: $552,433Liabilities 2022: $939,161Net Assets 2022: -$386,7282022Assets 2023: $545,293Liabilities 2023: $937,885Net Assets 2023: -$392,5922023Assets 2024: $534,782Liabilities 2024: $937,874Net Assets 2024: -$403,0922024Assets 2025: $520,299Liabilities 2025: $939,019Net Assets 2025: -$418,7202025

Highlighted filing

2014

Assets$681,323
Liabilities$935,491
Net Assets-$254,168

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2011: $110,4262011Expenses 2012: $99,6962012Revenue 2013: $101,075Expenses 2013: $106,550Net Income 2013: -$5,4752013Revenue 2014: $101,751Expenses 2014: $103,609Net Income 2014: -$1,8582014Revenue 2015: $101,326Expenses 2015: $104,966Net Income 2015: -$3,6402015Revenue 2016: $103,379Expenses 2016: $101,745Net Income 2016: $1,6342016Revenue 2017: $100,961Expenses 2017: $136,442Net Income 2017: -$35,4812017Revenue 2018: $103,498Expenses 2018: $125,898Net Income 2018: -$22,4002018Revenue 2019: $97,961Expenses 2019: $111,330Net Income 2019: -$13,3692019Revenue 2020: $102,358Expenses 2020: $120,741Net Income 2020: -$18,3832020Revenue 2021: $104,015Expenses 2021: $117,641Net Income 2021: -$13,6262021Revenue 2022: $102,225Expenses 2022: $129,520Net Income 2022: -$27,2952022Revenue 2023: $129,678Expenses 2023: $135,542Net Income 2023: -$5,8642023Revenue 2024: $124,291Expenses 2024: $134,791Net Income 2024: -$10,5002024Revenue 2025: $127,018Expenses 2025: $142,646Net Income 2025: -$15,6282025

Highlighted filing

2014

Revenue$101,751
Expenses$103,609
Net Income-$1,858
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 23, 2014
Return Version
2013v3.0
Gross Receipts
$101,751
Mission and Program Overview

Mission

NONE

To develop, own and manage subsidized residential housing units and related facilities for qualified elderly and disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$588,403$583,295▼ $5,108
Cash and Non-Interest-Bearing Accounts$88,985$92,029▲ $3,044
Prepaid Expenses and Deferred Charges$1,399$1,508▲ $109
Total Assets$682,875$681,323▼ $1,552
Other Assets Total$4,088$4,491▲ $403
Liabilities
Mortgage Notes Payable Secured by Investment Property$931,000$931,000→ $0
Other Liabilities$4,088$4,491▲ $403
Accounts Payable and Accrued Expenses$97$0▼ $97
Total Liabilities$935,185$935,491▲ $306
Net Assets / Fund Balance
Unrestricted Net Assets$-252,310$-254,168▼ $1,858
Total Net Assets Fund Balance$-252,310$-254,168▼ $1,858
Total Liabilities and Net Assets / Fund Balance$682,875$681,323▼ $1,552

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$523,295$475,051$998,346
Land$60,000-$60,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Veronica SheehanExecutive DirectorFT$107,349$107,349

Board Members and Trustees

NameTitle
Sarah MoorePresident
Lorraine BouchardVice-president
Christine GuayDirector
Daniel BastaracheDirector
Donald LauzierDirector
Eric CoteDirector
James NelsonDirector
John BrockingtonDirector
Kevin RobertDirector
Larry SmithDirector
Theo CiampaDirector
Mark PetersonAssistant Treasure
Sandra DolbySecretary
Dana LaneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,433
Program Service Revenue
$56,178
Investment Income
$140
Other Revenue
$0
Change in Net Assets
$-1,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$101,751
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$101,751
Total Revenue per Form 990
$101,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$27,702--$27,702
Fees for Services Management$9,072--$9,072
Fees for Services Accounting$5,600--$5,600
Insurance$4,072--$4,072
Other Expenses$3,452--$3,452
Office Expenses$880--$880
Total Functional Expenses$103,609$0$0$103,609

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$103,609
Total Expenses per Audited Statements$103,609
Total Expenses per Form 990$103,609
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,491
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The bod directors are the members.

Form 990, Part VI, Section A, Line 7A

The bod elect the governing body.

Form 990, Part VI, Section A, Line 7B

The decisions of the governing body are subject to approval by the members.

Form 990, Part VI, Section B, Line 11

Form 990 is made available at the annual meeting, and is reviewed by the finance director, executive director and treasurer.

Form 990, Part VI, Section B, Line 12C

There is an annual disclosure statement.

Form 990, Part VI, Section C, Line 19

All organizing and operating documents are available to the public upon request.

Filing and Contact Details

Filer

EIN
01-0508663
Phone
2072847061

Signing Officer

Name
Veronica Sheehan
Title
Executive Director
Phone
2072847061
Signed
2014-10-23

Organization Details

Principal Officer
Veronica Sheehan
Formed
1997
Legal Domicile
Me
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

Preparer
Thomas Gioia
Phone
2077801100
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IRS990/PYContributionsGrantsAmt047672
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0155
IRS990/PYOtherExpensesAmt0106550
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt053248
IRS990/PYRevenuesLessExpensesAmt0-5475
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0106550
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0101075
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1858
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt056318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt053343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0249291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0155
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0742
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0249461
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0470
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0470
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99520
IRS990ScheduleA/PublicSupportPY170Pct00.99530
IRS990ScheduleA/PublicSupportTotal170Amt0249291
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045433
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt053343
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0249291
IRS990ScheduleA/TotalSupportAmt0250503
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0523295
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0475051
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0998346
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0103609
IRS990ScheduleD/LandGrp/BookValueAmt060000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04491
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0101751
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0583295
IRS990ScheduleD/TotalExpensesPerForm990Amt0103609
IRS990ScheduleD/TotalLiabilityAmt04491
IRS990ScheduleD/TotalRevenuePerForm990Amt0101751
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0101751
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0103609
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOD DIRECTORS ARE THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOD ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS MADE AVAILABLE AT THE ANNUAL MEETING, AND IS REVIEWED BY THE FINANCE DIRECTOR, EXECUTIVE DIRECTOR AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS AN ANNUAL DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL ORGANIZING AND OPERATING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0010509109
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PROVIDE LOW INCOME HOUSING FOR THE ELDERLY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine10WARDWELL ASSISTED LIVING SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1043 MIDDLE STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/City0SACO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/State0ME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCode004072
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10WARDWELL HOME FOR THE AGING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0010213987
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt04940 (D)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING HOUSING AND RESIDENTIAL SERVICES FOR THE ELDERLY.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1043 MIDDLE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0SACO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0ME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode004072
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.20$9.39$4.19$1.27$1.43$0.16
2024Detailed filing. Detailed filing data is available for this year.$5.35$9.38$4.03$1.24$1.35$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.45$9.38$3.93$1.30$1.36$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.52$9.39$3.87$1.02$1.30$0.27
2021Detailed filing. Detailed filing data is available for this year.$5.78$9.37$3.59$1.04$1.18$0.14
2020Detailed filing. Detailed filing data is available for this year.$5.91$9.37$3.46$1.02$1.21$0.18
2019Detailed filing. Detailed filing data is available for this year.$6.09$9.37$3.27$0.98$1.11$0.13
2018Detailed filing. Detailed filing data is available for this year.$6.22$9.36$3.14$1.03$1.26$0.22
2017Detailed filing. Detailed filing data is available for this year.$6.62$9.54$2.92$1.01$1.36$0.35
2016Detailed filing. Detailed filing data is available for this year.$6.80$9.36$2.56$1.03$1.02$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.78$9.36$2.58$1.01$1.05$0.04
2014Detailed filing. Detailed filing data is available for this year.$6.81$9.35$2.54$1.02$1.04$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$9.35$2.52$1.01$1.07$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$9.37$2.47$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.97$9.44$2.46$1.10