Civic Intelligence

Mainestream Finance

990 • Fiscal year 2019 • EIN 01-0539222

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 29, 2020

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

87th percentile

0.81x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

6.90x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

78th percentile

$210,633

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 30.8% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

62nd percentile

6.9%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$5,815,024

Up $376,376 (+6.9%) from 2018

Net Assets

Down

$1,100,914

Down $173,789 (-14%) from 2018

Liabilities

Up

$4,714,110

Up $550,165 (+13%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin11th percentile

Revenue

Down

$683,490

Down $122,228 (-15%) from 2018

Expenses

Down

$857,279

Down $42,127 (-4.7%) from 2018

Net Income

Down

-$173,789

Down $80,101 (-85%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2019

Assets$5,815,024
Liabilities$4,714,110
Net Assets$1,100,914
Open 2019 Filing

Operations Trend

Revenue Growth17th 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

2019

Revenue$683,490
Expenses$857,279
Net Income-$173,789
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 29, 2020
Return Version
2018v3.2
Gross Receipts
$683,490
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$3,742,891$4,079,127▲ $336,236
Savings and Temporary Cash Investments$1,240,792$1,311,971▲ $71,179
Investments Program Related$270,000$270,000→ $0
Accounts Receivable$103,757$72,497▼ $31,260
Inventories for Sale or Use$32,500$68,000▲ $35,500
Prepaid Expenses and Deferred Charges$20,099$11,345▼ $8,754
Land, Buildings, and Equipment, Net$4,584$2,084▼ $2,500
Total Assets$5,438,648$5,815,024▲ $376,376
Other Assets Total$24,025$0▼ $24,025
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,330,004$3,766,166▲ $436,162
Other Liabilities$637,781$849,606▲ $211,825
Escrow Account Liability$37,865$48,973▲ $11,108
Deferred Revenue$76,167$28,546▼ $47,621
Accounts Payable and Accrued Expenses$82,128$20,819▼ $61,309
Total Liabilities$4,163,945$4,714,110▲ $550,165
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,050,060$1,060,380▲ $10,320
Permanently Rstr Net Assets$557,656$683,258▲ $125,602
Unrestricted Net Assets$-333,013$-642,724▼ $309,711
Total Net Assets Fund Balance$1,274,703$1,100,914▼ $173,789
Total Liabilities and Net Assets / Fund Balance$5,438,648$5,815,024▲ $376,376

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,084$50,174$52,258
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Christopher LinderChief Executive OfficerFT$135,089$135,089

Board Members and Trustees

NameTitle
Michelle CobbChair
Kara HayPresident
Geneva LibbyVice Chair
Adam RobertsonDirector
Harvey GosselinDirector
Samantha HillDirector
Scott KilcollinsDirector
Susan HammondDirector
Denice ConaryChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$321,455
Program Service Revenue
$357,535
Investment Income
$4,500
Other Revenue
$0
All Other Contributions
$39,879
Change in Net Assets
$-173,789

Audited Revenue Reconciliation

Revenue per Audited Statements
$683,490
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,678
Total Revenue per Audited Statements
$696,168
Total Revenue per Form 990
$683,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$857,279
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$95,016$48-$95,064
Other Expenses$79,431$170,723-$79,431
Office Expenses$49,437$7,035-$56,472
Occupancy$16,275$36,620-$52,895
Fees for Services Legal-$44,505-$44,505
Information Technology$17,027$6,865-$23,892
Fees for Services Accounting-$12,676-$12,676
Travel$6,656$1,432-$8,088
Insurance$285$7,294-$7,579
Depreciation Depletion$2,000$500-$2,500
Conferences and Meetings-$497-$497
Total Functional Expenses$569,084$288,195$0$857,279

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$869,957
Expenses per Audited Statements$857,279
Total Expenses per Form 990$857,279
Expenses Not Reported on Form 990$12,678
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$849,606
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 11B

“A draft of the MaineStream Finance Form 990 is presented to the Finance Committee by Penquis Chief Financial Officer, Denice Conary. The Committee as designated by the Penquis Board of Directors unanimously approves 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

Filer Name
MaineStream Finance
EIN
01-0539222
Phone
2079733500
Address
PO Box 1162, Bangor, ME 04402-1162

Signing Officer

Name
Denice Conary
Title
Chief Financial Officer
Phone
2079733500
Signed
2020-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kara Hay
Formed
2000
Legal Domicile
Me
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
PO Box 1100, Portland, ME 04104-1100
Preparer
Barbara J McGuan CPA
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment

“Section 1.263(a)-3(n) Election: MaineStream Finance P.O. Box 1162 Bangor, ME 04402-1162 EIN: 01-0539222 MaineStream Finance is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

Financial Statement Notes

Part IV, Line 2B:

“The balance represents loan escrow balances in aggregate collected monthly from the debtor to pay the real estate taxes and homeowners insurance on the property held as collateral.”

Part XI, Line 2D - Other Adjustments:

“Other Reconciling Items 7,310.”

Part XII, Line 2D - Other Adjustments:

“Other Reconciling Items 7,310.”

Raw XML AppendixShowing 400 of 763 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0ECONOMIC DEVELOPMENT: The economic development program of MaineStream Finance provides loans, education, and services to assist individuals to start small businesses and assist existing small businesses to grow. The Incubator Without Walls program is a comprehensive training program that helps entrepreneurs advance their business through increased knowledge and skills in a multitude of business areas. The program centers around group networking among participants rather than 1 on 1 business plan preparation or classroom work. The program includes pre-loan technical assistance, such as writing a business plan, cash flow analysis preparation, and, after the loan has been processed, ongoing support for running a small business. Business 101 classes are offered to prospective self-employed individuals and covers the basics of what it takes to start up a new micro-business. Classes include financial review, assistance with a business plan, foreclosure, debt management, budget and business cash flow counseling. Those businesses that are currently in operation are encouraged to attend the Incubator Without Walls program for classroom and networking support. MaineStream Finance loans funds to day care providers that are used to establish/expand child care businesses in order to create job opportunities for low-income individuals.
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IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03330004
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03766166
IRS990/NetAssetsOrFundBalancesBOYAmt01274703
IRS990/NetAssetsOrFundBalancesEOYAmt01100914
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt036620
IRS990/OccupancyGrp/ProgramServicesAmt016275
IRS990/OccupancyGrp/TotalAmt052895
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07035
IRS990/OfficeExpensesGrp/ProgramServicesAmt049437
IRS990/OfficeExpensesGrp/TotalAmt056472
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024025
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Allocation of Managemen
IRS990/OtherExpensesGrp/Desc1Miscellanous Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0170723
IRS990/OtherExpensesGrp/ProgramServicesAmt0302957
IRS990/OtherExpensesGrp/ProgramServicesAmt179431
IRS990/OtherExpensesGrp/TotalAmt0473680
IRS990/OtherExpensesGrp/TotalAmt179431
IRS990/OtherLiabilitiesGrp/BOYAmt0637781
IRS990/OtherLiabilitiesGrp/EOYAmt0849606
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03742891
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04079127
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0557656
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0683258
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020099
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011345
IRS990/PrincipalOfficerNm0Kara Hay
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Loan Servicing
IRS990/ProgramServiceRevenueGrp/Desc2Homebuyer Education
IRS990/ProgramServiceRevenueGrp/Desc3Economic Development
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0272258
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt230487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0272258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321000
IRS990/ProgSrvcAccomActy2Grp/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/ProgSrvcAccomActy2Grp/ExpenseAmt023882
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt030487
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/ExpenseAmt0463163
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0306048
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0480686
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015688
IRS990/PYInvestmentIncomeAmt04560
IRS990/PYOtherExpensesAmt0883718
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0320472
IRS990/PYRevenuesLessExpensesAmt0-93688
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0899406
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0805718
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-173789
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt050000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt021000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01240792
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01311971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0321455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0480686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0328087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0411428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0562026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02103682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021259
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01644564
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99000
IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt02103682
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0321455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0480686
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0328087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0411428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0562026
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02103682
IRS990ScheduleA/TotalSupportAmt02124941
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/DonatedServicesAndUseFcltsAmt05368
IRS990ScheduleD/DonatedServicesUseFcltsAmt05368
IRS990ScheduleD/ExpensesNotReportedAmt012678
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0857279
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherExpensesIncludedAmt07310
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02084
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050174
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0849606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliate
IRS990ScheduleD/OtherRevenueAmt07310
IRS990ScheduleD/RevenueNotReportedAmt012678
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0683490
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The balance represents loan escrow balances in aggregate collected monthly from the debtor to pay the real estate taxes and homeowners insurance on the property held as collateral.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Other Reconciling Items 7,310.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Other Reconciling Items 7,310.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02084
IRS990ScheduleD/TotalExpensesPerForm990Amt0857279
IRS990ScheduleD/TotalLiabilityAmt0849606
IRS990ScheduleD/TotalRevenuePerForm990Amt0683490
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0696168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0869957
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0154858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1122144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt011519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt044256
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt128111
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,815,024
Liabilities
$4,714,110
Net assets
$1,100,914
Revenue
$683,490
Expenses
$857,279
Net income
-$173,789
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