Civic Intelligence

Nansen Properties Inc

990EZ • Fiscal year 2023 • EIN 13-6162749

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 27, 2024

3441 Victory BlvdStaten Island, NY 10314

(718) 207-9050

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.28x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.20x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Net Margin

33rd percentile

-11%

Higher net margin than 33% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Asset Growth

19th percentile

-14%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

4.1%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$139,410

Flat from 2023

Net Assets

$100,410

No earlier filing loaded for comparison.

Liabilities

Flat

$39,000

Flat from 2023

Revenue

Flat

$199,315

Flat from 2023

Expenses

Flat

$221,548

Flat from 2023

Net Income

Flat

-$22,233

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $358,634Liabilities 2010: $20,000Net Assets 2010: $338,6342010Assets 2011: $338,639Liabilities 2011: $39,000Net Assets 2011: $299,6392011Assets 2012: $313,822Liabilities 2012: $39,000Net Assets 2012: $274,8222012Assets 2013: $291,132Liabilities 2013: $39,000Net Assets 2013: $252,1322013Assets 2014: $259,084Liabilities 2014: $39,4422014Assets 2015: $249,151Liabilities 2015: $39,000Net Assets 2015: $210,1512015Assets 2016: $245,192Liabilities 2016: $63,892Net Assets 2016: $181,3002016Assets 2017: $208,969Liabilities 2017: $39,000Net Assets 2017: $169,9692017Assets 2018: $376,242Liabilities 2018: $39,000Net Assets 2018: $337,2422018Assets 2019: $328,657Liabilities 2019: $39,0002019Assets 2020: $204,978Liabilities 2020: $39,000Net Assets 2020: $165,9782020Assets 2021: $194,284Liabilities 2021: $39,000Net Assets 2021: $155,2842021Assets 2022: $161,643Liabilities 2022: $39,000Net Assets 2022: $122,6432022Assets 2023: $139,410Liabilities 2023: $39,000Net Assets 2023: $100,4102023Assets 2023: $139,410Liabilities 2023: $39,0002023Assets 2024: $166,151Liabilities 2024: $59,077Net Assets 2024: $107,0742024

Highlighted filing

2023

Assets$139,410
Liabilities$39,000
Net Assets$100,410

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $02010Expenses 2011: $02011Revenue 2012: $169,579Expenses 2012: $194,396Net Income 2012: -$24,8172012Revenue 2013: $172,831Expenses 2013: $195,521Net Income 2013: -$22,6902013Revenue 2014: $199,317Expenses 2014: $231,807Net Income 2014: -$32,4902014Revenue 2015: -$9,491Expenses 2015: $0Net Income 2015: -$9,4912015Revenue 2016: -$28,851Expenses 2016: $0Net Income 2016: -$28,8512016Revenue 2017: -$11,331Expenses 2017: $0Net Income 2017: -$11,3312017Revenue 2018: $167,273Expenses 2018: $0Net Income 2018: $167,2732018Revenue 2019: $180,140Expenses 2019: $227,725Net Income 2019: -$47,5852019Revenue 2020: $78,215Expenses 2020: $201,894Net Income 2020: -$123,6792020Revenue 2021: $171,651Expenses 2021: $182,345Net Income 2021: -$10,6942021Revenue 2022: $191,432Expenses 2022: $224,073Net Income 2022: -$32,6412022Revenue 2023: $199,315Expenses 2023: $221,548Net Income 2023: -$22,2332023Revenue 2023: $199,315Expenses 2023: $221,548Net Income 2023: -$22,2332023Revenue 2024: $186,004Expenses 2024: $179,340Net Income 2024: $6,6642024

Highlighted filing

2023

Revenue$199,315
Expenses$221,548
Net Income-$22,233
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 27, 2024
Return Version
2023v4.0
Gross Receipts
$199,315
Mission and Program Overview

Mission

Real estate holding company for exempt fraternal lodge.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
MANAGED REAL ESTATE FOR NON FOR PROFIT FRATERNAL ORGANIZATION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HARRY KUELLTreasurer-$0--
EARNEST THORKILDSENDirector-$0--
RICHARD ECKLANDDirector-$0--
PAUL KORNBREKKEPresident &-$0--
PAULA WEST-MEJIASecretary-$0--
Filing and Contact Details

Filer

Filer Name
Nansen Properties Inc
EIN
13-6162749
Phone
7182079050
Address
3441 VICTORY BLVD, STATEN ISLAND, NY 10314

Signing Officer

Name
Paul Kornbrekke
Title
President & CEO
Phone
7182079050
Signed
2024-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Cowan Gunteski & Co Pa
Address
730 HOPE ROAD, TINTON FALLS, NJ 07724
Preparer
Jeffrey Jpottercpa
Phone
7326764100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Lodge and pinic grounds accounting fees 1,900 insurance 10,280 repairs 11,057 real estate 105,343 utilities 52,868 non-investment depreciation 18,466 refuse removal 11,018 fire prevention 2,979 sewer 484 exterminating services 1,524 misc. Office expense 629 landscaping & groundkeeping 5,000 total 221,548

Form 990-ez, Part II, Line 24

Other loans 1,500 1,500 equipment and improvements 847,825 847,825 less accumulated depreciation 711,489 726,458 total 137,836 122,867

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 38,000 38,000 loans from officers 1,000 1,000

Form 990-ez, Part III

Real estate holding company for exempt fraternal lodge.

Raw XML Appendix121 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HARRY KUELL
IRS990EZ/BooksInCareOfDetail/PhoneNum07182079050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 140122
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATEN ISLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010314
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06567
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02801
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-22233
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0161643
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0139410
IRS990EZ/GrossReceiptsAmt0199315
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0199315
IRS990EZ/LandAndBuildingsGrp/BOYAmt017240
IRS990EZ/LandAndBuildingsGrp/EOYAmt013742
IRS990EZ/LoansToFromOfficersAmt01000
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0122643
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0100410
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0122643
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0100410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HARRY KUELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EARNEST THORKILDSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD ECKLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL KORNBREKKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PAULA WEST-MEJIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0137836
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0122867
IRS990EZ/OtherExpensesTotalAmt0221548
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MANAGED REAL ESTATE FOR NON FOR PROFIT FRATERNAL ORGANIZATION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt039000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0221548
IRS990EZ/TotalRevenueAmt0199315
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0DUE TO OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0HARRY KUELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt01000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LODGE AND PINIC GROUNDS ACCOUNTING FEES 1,900 INSURANCE 10,280 REPAIRS 11,057 REAL ESTATE 105,343 UTILITIES 52,868 NON-INVESTMENT DEPRECIATION 18,466 REFUSE REMOVAL 11,018 FIRE PREVENTION 2,979 SEWER 484 EXTERMINATING SERVICES 1,524 MISC. OFFICE EXPENSE 629 LANDSCAPING & GROUNDKEEPING 5,000 TOTAL 221,548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS 1,500 1,500 EQUIPMENT AND IMPROVEMENTS 847,825 847,825 LESS ACCUMULATED DEPRECIATION 711,489 726,458 TOTAL 137,836 122,867
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 38,000 38,000 LOANS FROM OFFICERS 1,000 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REAL ESTATE HOLDING COMPANY FOR EXEMPT FRATERNAL LODGE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL KORNBREKKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07182079050
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NANSEN PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0NANS
ReturnHeader/Filer/EIN0136162749
ReturnHeader/Filer/PhoneNum07182079050
ReturnHeader/Filer/USAddress/AddressLine1Txt03441 VICTORY BLVD
ReturnHeader/Filer/USAddress/CityNm0STATEN ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010314
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222426149
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COWAN GUNTESKI & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0730 HOPE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TINTON FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007724
ReturnHeader/PreparerPersonGrp/PhoneNum07326764100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY JPOTTERCPA
ReturnHeader/ReturnTs02024-03-05T12:05:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAUL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KORNBREKKE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.59$1.07$1.86$1.79$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.39$1.00$1.99$2.22$0.22
2023Summary only. Only limited summary data is available for this year.$1.39$0.39$1.99$2.22$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.39$1.23$1.91$2.24$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.39$1.55$1.72$1.82$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.39$1.66$0.78$2.02$1.24
2019Summary only. Only limited summary data is available for this year.$3.29$0.39$1.80$2.28$0.48
2018Summary only. Only limited summary data is available for this year.$3.76$0.39$3.37$1.67$0.00$1.67
2017Summary only. Only limited summary data is available for this year.$2.09$0.39$1.70$0.11$0.00$0.11
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.64$1.81$0.29$0.00$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.39$2.10$0.09$0.00$0.09
2014Summary only. Only limited summary data is available for this year.$2.59$0.39$1.99$2.32$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.91$0.39$2.52$1.73$1.96$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.39$2.75$1.70$1.94$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.39$3.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.20$3.39$0.00