Civic Intelligence

Swap Stop Wasting Abandoned Property

990 • Fiscal year 2013 • EIN 05-0370946

Sep 01, 2012 to Aug 31, 2013 • Filed on Dec 23, 2013

439 Pine StreetProvidence, RI 02907
Siviq Scores

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

Liabilities / Assets

87th percentile

0.84x

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

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

98th percentile

20.28x

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

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

10th percentile

-22%

Higher net margin than 10% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

41st percentile

1.4%

Faster asset growth than 41% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

10th percentile

-25%

Faster revenue growth than 10% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Assets

Up

$14,723,788

Up $207,406 (+1.4%) from 2012

Net Assets

Down

$2,400,448

Down $132,035 (-5.2%) from 2012

Liabilities

Up

$12,323,340

Up $339,441 (+2.8%) from 2012

Revenue

Down

$607,523

Down $205,892 (-25%) from 2012

Expenses

Down

$739,558

Down $243,633 (-25%) from 2012

Net Income

Up

-$132,035

Up $37,741 (+22%) from 2012

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $11,006,311Liabilities 2010: $8,692,471Net Assets 2010: $2,313,8402010Assets 2011: $14,170,645Liabilities 2011: $11,468,386Net Assets 2011: $2,702,2592011Assets 2012: $14,516,382Liabilities 2012: $11,983,899Net Assets 2012: $2,532,4832012Assets 2013: $14,723,788Liabilities 2013: $12,323,340Net Assets 2013: $2,400,4482013Assets 2014: $13,654,058Liabilities 2014: $12,420,093Net Assets 2014: $1,233,9652014Assets 2015: $12,834,527Liabilities 2015: $12,336,087Net Assets 2015: $498,4402015Assets 2017: $14,534,381Liabilities 2017: $13,151,671Net Assets 2017: $1,382,7102017Assets 2018: $11,686,637Liabilities 2018: $11,477,474Net Assets 2018: $209,1632018Assets 2019: $15,691,815Liabilities 2019: $12,110,729Net Assets 2019: $3,581,0862019Assets 2020: $16,771,764Liabilities 2020: $12,259,772Net Assets 2020: $4,511,9922020Assets 2021: $15,144,919Liabilities 2021: $11,422,781Net Assets 2021: $3,722,1382021Assets 2022: $15,764,414Liabilities 2022: $12,504,623Net Assets 2022: $3,259,7912022Assets 2023: $18,102,766Liabilities 2023: $14,908,903Net Assets 2023: $3,193,8632023Assets 2024: $19,547,262Liabilities 2024: $15,867,800Net Assets 2024: $3,679,4622024

Highlighted filing

2013

Assets$14,723,788
Liabilities$12,323,340
Net Assets$2,400,448

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $950,4102010Revenue 2011: $1,455,782Expenses 2011: $1,067,363Net Income 2011: $388,4192011Revenue 2012: $813,415Expenses 2012: $983,191Net Income 2012: -$169,7762012Revenue 2013: $607,523Expenses 2013: $739,558Net Income 2013: -$132,0352013Revenue 2014: -$458,073Expenses 2014: $708,410Net Income 2014: -$1,166,4832014Revenue 2015: -$172,529Expenses 2015: $646,074Net Income 2015: -$818,6032015Revenue 2017: $1,478,008Expenses 2017: $938,383Net Income 2017: $539,6252017Revenue 2018: -$355,975Expenses 2018: $817,572Net Income 2018: -$1,173,5472018Revenue 2019: $4,152,674Expenses 2019: $780,751Net Income 2019: $3,371,9232019Revenue 2020: $1,837,185Expenses 2020: $906,279Net Income 2020: $930,9062020Revenue 2021: $2,283Expenses 2021: $792,137Net Income 2021: -$789,8542021Revenue 2022: $966,295Expenses 2022: $1,428,642Net Income 2022: -$462,3472022Revenue 2023: $4,159,433Expenses 2023: $4,210,361Net Income 2023: -$50,9282023Revenue 2024: $8,084,434Expenses 2024: $7,598,835Net Income 2024: $485,5992024

Highlighted filing

2013

Revenue$607,523
Expenses$739,558
Net Income-$132,035
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Dec 23, 2013
Return Version
2012v2.1
Gross Receipts
$3,431,217
Mission and Program Overview

Mission

The organization promotes the conservation of providence and nearby neighborhoods through preservation and rehabilitation for low and moderate income families.

Major Activities

Activity 2
Tp 10 llc-own and operate a 41 unit apartment complex that serves low and moderate income families.
Activity 3
Southside gateways/500 broad street, llc constructed ten units of commercial condominiums in south providence, through 8/31/12, 3 units have been sold. These condominiums serve to revitalize the area through bringing additional small businesses to its residents.
Filing and Contact Details

Filer

EIN
05-0370946
Raw XML AppendixShowing 400 of 542 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/Activity3/Description0SOUTHSIDE GATEWAYS/500 BROAD STREET, LLC CONSTRUCTED TEN UNITS OF COMMERCIAL CONDOMINIUMS IN SOUTH PROVIDENCE, THROUGH 8/31/12, 3 UNITS HAVE BEEN SOLD. THESE CONDOMINIUMS SERVE TO REVITALIZE THE AREA THROUGH BRINGING ADDITIONAL SMALL BUSINESSES TO ITS RESIDENTS.
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IRS990ScheduleD/ExpensesSubtotal0739558
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0NONE
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue04400270
IRS990ScheduleD/InvestmentsProgramRelated/Description0CONSTRUCTION IN PROG/REAL ESTATE HELD
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/Land/BookValue01228384
IRS990ScheduleD/Land/OtherCostOrOtherBasis01228384
IRS990ScheduleD/OtherLiabilities/Amount029666
IRS990ScheduleD/OtherLiabilities/Description0DEPOSITS HELD
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0607523
IRS990ScheduleD/TotalExpensesPerForm9900739558
IRS990ScheduleD/TotalOfAmounts029666
IRS990ScheduleD/TotalOfBookValueLandBuildings08709868
IRS990ScheduleD/TotalOfBookValueProgramRelated04400270
IRS990ScheduleD/TotalRevenuePerForm9900607523
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0739558
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0607523
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0COPY OF FORM 990 IS AVAILABLE FOR REVIEW BY MEMBERS OF THE GOVERNING BODY UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation1THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY.
IRS990ScheduleO/GeneralExplanation/Explanation2THE EXECUTIVE DIRECTOR AND OTHER KEY MANAGMENT PERSONNEL ARE REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AS TO THEIR COMPENSATION PACKAGES.
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD MAKES AVAILABLE ITS BOARD MEETINGS, FORM 990 AND AUDITED FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S FINANCE COMMITTEE REVIEWS THE ANNUAL AUDIT.
IRS990ScheduleO/GeneralExplanation/Identifier02C
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4XII
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine10439 PINE STREET

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.5$15.9$3.68$8.08$7.60$0.49
2023Detailed filing. Detailed filing data is available for this year.$18.1$14.9$3.19$4.16$4.21$0.05
2022Detailed filing. Detailed filing data is available for this year.$15.8$12.5$3.26$0.97$1.43$0.46
2021Detailed filing. Detailed filing data is available for this year.$15.1$11.4$3.72$0.00$0.79$0.79
2020Detailed filing. Detailed filing data is available for this year.$16.8$12.3$4.51$1.84$0.91$0.93
2019Detailed filing. Detailed filing data is available for this year.$15.7$12.1$3.58$4.15$0.78$3.37
2018Detailed filing. Detailed filing data is available for this year.$11.7$11.5$0.21$0.36$0.82$1.17
2017Detailed filing. Detailed filing data is available for this year.$14.5$13.2$1.38$1.48$0.94$0.54
2015Detailed filing. Detailed filing data is available for this year.$12.8$12.3$0.50$0.17$0.65$0.82
2014Detailed filing. Detailed filing data is available for this year.$13.7$12.4$1.23$0.46$0.71$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$12.3$2.40$0.61$0.74$0.13
2012Summary only. Only limited summary data is available for this year.$14.5$12.0$2.53$0.81$0.98$0.17
2011Summary only. Only limited summary data is available for this year.$14.2$11.5$2.70$1.46$1.07$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$8.69$2.31$0.95