Civic Intelligence

Mainestream Finance

990 • Fiscal year 2014 • EIN 01-0539222

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 14, 2015

Organization Profilewww.mainestreamfinance.org
PO Box 1162Bangor, ME 04402-1162

(207) 973-3500

Siviq Scores

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

Liabilities / Assets

84th percentile

0.74x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.85x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$162,521

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

64th percentile

9.7%

Faster revenue growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$6,171,100

Up $1,195,721 (+24%) from 2013

Net Assets

Up

$1,624,715

Up $218,556 (+16%) from 2013

Liabilities

Up

$4,546,385

Up $977,165 (+27%) from 2013

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin77th percentile

Revenue

Up

$1,181,716

Up $104,501 (+9.7%) from 2013

Expenses

Up

$963,160

Up $360,951 (+60%) from 2013

Net Income

Down

$218,556

Down $256,450 (-54%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,411,851Liabilities 2010: $1,361,527Net Assets 2010: $1,050,3242010Assets 2011: $2,898,088Liabilities 2011: $1,943,469Net Assets 2011: $954,6192011Assets 2012: $3,850,688Liabilities 2012: $2,919,535Net Assets 2012: $931,1532012Assets 2013: $4,975,379Liabilities 2013: $3,569,220Net Assets 2013: $1,406,1592013Assets 2014: $6,171,100Liabilities 2014: $4,546,385Net Assets 2014: $1,624,7152014Assets 2015: $7,482,330Liabilities 2015: $5,770,041Net Assets 2015: $1,712,2892015Assets 2016: $6,678,912Liabilities 2016: $5,172,023Net Assets 2016: $1,506,8892016Assets 2017: $5,511,379Liabilities 2017: $4,142,989Net Assets 2017: $1,368,3902017Assets 2018: $5,438,648Liabilities 2018: $4,163,945Net Assets 2018: $1,274,7032018Assets 2019: $5,815,024Liabilities 2019: $4,714,110Net Assets 2019: $1,100,9142019Assets 2020: $5,933,338Liabilities 2020: $4,787,173Net Assets 2020: $1,146,1652020Assets 2021: $6,924,505Liabilities 2021: $4,888,459Net Assets 2021: $2,036,0462021Assets 2022: $6,730,189Liabilities 2022: $3,895,092Net Assets 2022: $2,835,0972022Assets 2023: $6,908,881Liabilities 2023: $4,172,612Net Assets 2023: $2,736,2692023Assets 2024: $7,474,375Liabilities 2024: $4,629,798Net Assets 2024: $2,844,5772024

Highlighted filing

2014

Assets$6,171,100
Liabilities$4,546,385
Net Assets$1,624,715
Open 2014 Filing

Operations Trend

Revenue Growth64th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $314,2802010Expenses 2011: $548,9462011Expenses 2012: $474,1312012Revenue 2013: $1,077,215Expenses 2013: $602,209Net Income 2013: $475,0062013Revenue 2014: $1,181,716Expenses 2014: $963,160Net Income 2014: $218,5562014Revenue 2015: $892,280Expenses 2015: $804,706Net Income 2015: $87,5742015Revenue 2016: $753,799Expenses 2016: $959,199Net Income 2016: -$205,4002016Revenue 2017: $661,099Expenses 2017: $799,598Net Income 2017: -$138,4992017Revenue 2018: $805,718Expenses 2018: $899,406Net Income 2018: -$93,6882018Revenue 2019: $683,490Expenses 2019: $857,279Net Income 2019: -$173,7892019Revenue 2020: $659,119Expenses 2020: $613,868Net Income 2020: $45,2512020Revenue 2021: $1,591,851Expenses 2021: $701,970Net Income 2021: $889,8812021Revenue 2022: $1,442,234Expenses 2022: $643,183Net Income 2022: $799,0512022Revenue 2023: $484,821Expenses 2023: $583,649Net Income 2023: -$98,8282023Revenue 2024: $615,035Expenses 2024: $506,727Net Income 2024: $108,3082024

Highlighted filing

2014

Revenue$1,181,716
Expenses$963,160
Net Income$218,556
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 14, 2015
Return Version
2013v4.0
Gross Receipts
$1,181,716
Mission and Program Overview

Mission

To promote community development and perform all functions permitted as community development financial institution, primarily through financing activities servicing the low income targeted population of the state of Maine.

To promote community development and perform all functions permitted as community development financial institution, primarily through financing activities, servicing the low income targeted population of the state of Maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,664,207$4,422,873▲ $758,666
Savings and Temporary Cash Investments$960,345$1,444,843▲ $484,498
Inventories for Sale or Use$160,644$150,044▼ $10,600
Accounts Receivable$110,405$106,324▼ $4,081
Land, Buildings, and Equipment, Net$39,758$31,806▼ $7,952
Prepaid Expenses and Deferred Charges$4,683$8,986▲ $4,303
Cash and Non-Interest-Bearing Accounts$3,503$3,503→ $0
Total Assets$4,975,379$6,171,100▲ $1,195,721
Other Assets Total$31,834$2,721▼ $29,113
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,405,970$4,044,440▲ $638,470
Other Liabilities$58,817$304,506▲ $245,689
Deferred Revenue$42,789$148,370▲ $105,581
Accounts Payable and Accrued Expenses$39,635$39,226▼ $409
Escrow Account Liability$22,009$9,843▼ $12,166
Total Liabilities$3,569,220$4,546,385▲ $977,165
Net Assets / Fund Balance
Temporarily Rstr Net Assets$487,976$852,842▲ $364,866
Permanently Rstr Net Assets$439,133$439,556▲ $423
Unrestricted Net Assets$479,050$332,317▼ $146,733
Total Net Assets Fund Balance$1,406,159$1,624,715▲ $218,556
Total Liabilities and Net Assets / Fund Balance$4,975,379$6,171,100▲ $1,195,721

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$31,806$7,952$39,758
Equipment$0$5,200$5,200
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Denice ConaryChief Financial Officer-$105,509$105,509
Jayne GilesChief Executive OfficerFT$104,533$104,533
Kara HayPresident-$58,341$58,341

Board Members and Trustees

NameTitle
John MooreBoard Member & Chair
Charles NewtonPast President
Michelle CobbBoard Member & Vice Chair
Fred BrownVice Chair
Geneva LibbyBoard Member
Erin HustusBoard Member & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$805,420
Program Service Revenue
$317,062
Investment Income
$59,234
Other Revenue
$0
All Other Contributions
$49,203
Change in Net Assets
$218,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,181,716
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$33,152
Total Revenue per Audited Statements
$1,214,868
Total Revenue per Form 990
$1,181,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$963,160
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
Interest$110,154--$110,154
Occupancy$39,987--$39,987
Other Expenses$32,556$54,318-$32,556
Office Expenses$27,145$931-$28,076
Information Technology$17,602--$17,602
Travel$11,523$5,214-$16,737
Fees for Services Accounting-$16,238-$16,238
Fees for Services Other$12,227--$12,227
Depreciation Depletion$7,952--$7,952
Insurance$4,382--$4,382
Fees for Services Legal-$1,876-$1,876
Conferences and Meetings$326--$326
Advertising$269--$269
Total Functional Expenses$884,583$78,577$0$963,160

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$996,312
Expenses per Audited Statements$963,160
Total Expenses per Form 990$963,160
Expenses Not Reported on Form 990$33,152
Expenses Not Reported on Financial Statements$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
Due to Affiliate$304,506
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“On August 13, 2015, a draft of the MaineStream Finance Form 990 was presented to the Finance Committee by Penquis Chief Financial Officer, Denice Conary. The Committee as designated by the Penquis Board of Directors unanimously approved the filing of the tax return.”

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

“No person shall be at once an employee of the corporation and a member of the Board of Directors. No person may serve as a member of the Board of Directors while that person's husband, wife, child, sibling or parent is an employee of the corporation. Members of the Board of Directors may not apply for employment with the corporation, its subsidiaries or delegates. Board of Directors may not directly or indirectly solicit or accept gratuities of a monetary value from any recipient of the corporation's services or from any organization with which the corporation has a contractual relationship. Board of Directors may not have a financial conflict of interest with the agency. Board of Directors may not receive compensation for serving on the Board of Directors. Board of Directors members shall operate as an entity independent of staff employed by the agency. MaineStream Finance also has a specific Conflict of Interest Policy which further defines the corporate policy and related practices.”

Form 990, Part VI, Section B, line 15

“The CEO's compensation is determined by Human Resources of the parent organization utilizing an independent compensation survey which is completed every 3 years.”

Form 990, Part VI, Section C, line 19

“Governing documents, policies, and financial statements are made available to the public upon written request. The documents are copied and mailed to the requestor as soon as they are available.”

Filing and Contact Details

Filer

EIN
01-0539222
Phone
2079733500

Signing Officer

Name
Denice Conary
Title
Chief Financial Officer
Phone
2079733500
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kara Hay
Formed
2000
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Preparer
Barbara J McGuan CPA
Phone
2079421600
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“The $9,843 represents loan escrow balances inaggregate collected monthly from the debtor to pay the real estate taxes and homeowners insurance on the property held as collateral.”

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IRS990/NetAssetsOrFundBalancesBOYAmt01406159
IRS990/NetAssetsOrFundBalancesEOYAmt01624715
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt054478
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt054478
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt039987
IRS990/OccupancyGrp/TotalAmt039987
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0931
IRS990/OfficeExpensesGrp/ProgramServicesAmt027145
IRS990/OfficeExpensesGrp/TotalAmt028076
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt031834
IRS990/OtherAssetsTotalGrp/EOYAmt02721
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Allocation of Managemen
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2Miscellanous Expense
IRS990/OtherExpensesGrp/Desc3Foreclosed Property Ren
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt054318
IRS990/OtherExpensesGrp/ProgramServicesAmt0403768
IRS990/OtherExpensesGrp/ProgramServicesAmt1159600
IRS990/OtherExpensesGrp/ProgramServicesAmt257092
IRS990/OtherExpensesGrp/ProgramServicesAmt332556
IRS990/OtherExpensesGrp/TotalAmt0458086
IRS990/OtherExpensesGrp/TotalAmt1159600
IRS990/OtherExpensesGrp/TotalAmt257092
IRS990/OtherExpensesGrp/TotalAmt332556
IRS990/OtherLiabilitiesGrp/BOYAmt058817
IRS990/OtherLiabilitiesGrp/EOYAmt0304506
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03664207
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04422873
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0439133
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0439556
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04683
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08986
IRS990/PrincipalOfficerNm0Kara Hay
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/BusinessCd4525990
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Economic Development
IRS990/ProgramServiceRevenueGrp/Desc2Loan Servicing
IRS990/ProgramServiceRevenueGrp/Desc3Homebuyer Education
IRS990/ProgramServiceRevenueGrp/Desc4Foreclosure Prevention
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0236474
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143459
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310680
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0236474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143459
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43146
IRS990/ProgSrvcAccomActy2Grp/Desc0FORECLOSURE PREVENTION: Foreclosure prevention counseling is offered to help individuals prepare a plan that will assist them to retain their homes. Counseling includes: how to deal with the lender, letters to and from lenders and how to act on them, as well as various methods to suggest to lenders to rectify any mortgage arrears, and how to become current and in good standing again.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt089285
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03146
IRS990/ProgSrvcAccomActy3Grp/Desc0LOAN SERVICING: MaineStream Finance offers loans to those who can not qualify for other loan products at an affordable rate. First mortgage loans are available to purchase, rehabilitate or refinance residential owner-occupied properties. Through education programs, MaineStream Finance fosters successful homeownership, entrepreneurship, and wealth creation. Financial counseling occurs pre- and post-loan closing. If borrowers qualify for USDA/RD loans and /or Maine Housing's loans, MaineStream Finance encourages and assists them to apply for those products if appropriate.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0457510
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0259777
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Homebuyer Education: Classes for individuals seeking to purchase a home to learn the process and calculations involved in loan processing, home owners insurance, escrows, home inspections, and all other aspects of a home purchase.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt019815
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt010680
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0760086
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08212
IRS990/PYOtherExpensesAmt0602209
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0308917
IRS990/PYRevenuesLessExpensesAmt0475006
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0602209
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01077215
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0218556
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt02700
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt043459
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0960345
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01444843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0805420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0760086
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0251763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0280885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0177400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02275554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01936
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01715
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01837
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013489
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01233364
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99410
IRS990ScheduleA/PublicSupportPY170Pct00.99170
IRS990ScheduleA/PublicSupportTotal170Amt02275554
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0805420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0760086
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0251763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0280885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02275554
IRS990ScheduleA/TotalSupportAmt02289043
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/AgentTrusteeEtcInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt033152
IRS990ScheduleD/DonatedServicesUseFcltsAmt033152
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05200
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05200
IRS990ScheduleD/ExpensesNotReportedAmt033152
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0963160
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031806
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07952
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0304506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliate
IRS990ScheduleD/RevenueNotReportedAmt033152
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01181716
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The $9,843 represents loan escrow balances inaggregate collected monthly from the debtor to pay the real estate taxes and homeowners insurance on the property held as collateral.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031806
IRS990ScheduleD/TotalExpensesPerForm990Amt0963160
IRS990ScheduleD/TotalLiabilityAmt0304506
IRS990ScheduleD/TotalRevenuePerForm990Amt01181716
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01214868
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0996312
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0148734
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04952
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Charles Newton
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Past President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0162521
IRS990ScheduleJ/SeverancePaymentInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,171,100
Liabilities
$4,546,385
Net assets
$1,624,715
Revenue
$1,181,716
Expenses
$963,160
Net income
$218,556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.47$4.63$2.84$0.62$0.51$0.11
2023Detailed filing. Detailed filing data is available for this year.$6.91$4.17$2.74$0.48$0.58$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.73$3.90$2.84$1.44$0.64$0.80
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.92$4.89$2.04$1.59$0.70$0.89
2020Detailed filing. Detailed filing data is available for this year.$5.93$4.79$1.15$0.66$0.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.82$4.71$1.10$0.68$0.86$0.17
2018Detailed filing. Detailed filing data is available for this year.$5.44$4.16$1.27$0.81$0.90$0.09
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.51$4.14$1.37$0.66$0.80$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.68$5.17$1.51$0.75$0.96$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.48$5.77$1.71$0.89$0.80$0.09
2014Detailed filing. Detailed filing data is available for this year.$6.17$4.55$1.62$1.18$0.96$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$3.57$1.41$1.08$0.60$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$2.92$0.93$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$1.94$0.95$0.55
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$1.36$1.05$0.31
Peer Organizations

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