Civic Intelligence

Westend Terzetto'S

990 • Fiscal year 2013 • EIN 20-1948663

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 28, 2014

Organization ProfileN/A
1405 1st Ave N58203

(701) 746-2545

Siviq Scores

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

Liabilities / Assets

45th percentile

0.44x

Higher debt load relative to assets than 45% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

20th percentile

0.14x

Higher debt load relative to revenue than 20% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Net Margin

96th percentile

92%

Higher net margin than 96% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

94th percentile

$136,557

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 23.5% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$189,252

Up $610,737 (+145%) from 2012

Net Assets

Up

$105,696

Up $533,294 (+125%) from 2012

Liabilities

Up

$83,556

Up $77,443 (+1267%) from 2012

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin96th percentile

Revenue

$580,854

No earlier filing loaded for comparison.

Expenses

Up

$47,560

Up $34,659 (+269%) from 2012

Net Income

$533,294

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0-$500KAssets 2010: -$319,319Liabilities 2010: $6,679Net Assets 2010: -$325,9982010Assets 2011: -$365,594Liabilities 2011: $1,787Net Assets 2011: -$367,3812011Assets 2012: -$421,485Liabilities 2012: $6,113Net Assets 2012: -$427,5982012Assets 2013: $189,252Liabilities 2013: $83,556Net Assets 2013: $105,6962013Assets 2014: $235,737Liabilities 2014: $66,525Net Assets 2014: $169,2122014Assets 2015: $229,294Liabilities 2015: $55,096Net Assets 2015: $174,1982015Assets 2016: $244,655Liabilities 2016: $49,709Net Assets 2016: $194,9462016Assets 2017: $238,070Liabilities 2017: $47,096Net Assets 2017: $190,9742017Assets 2018: $270,636Liabilities 2018: $48,498Net Assets 2018: $222,1382018Assets 2019: $287,769Liabilities 2019: $44,196Net Assets 2019: $243,5732019Assets 2020: $288,915Liabilities 2020: $43,725Net Assets 2020: $245,1902020Assets 2021: $278,901Liabilities 2021: $43,499Net Assets 2021: $235,4022021Assets 2022: $251,069Liabilities 2022: $52,221Net Assets 2022: $198,8482022Assets 2023: $522,382Liabilities 2023: $518,005Net Assets 2023: $4,3772023

Highlighted filing

2013

Assets$189,252
Liabilities$83,556
Net Assets$105,696
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KExpenses 2010: $91,4012010Expenses 2011: $18,3832011Expenses 2012: $12,9012012Revenue 2013: $580,854Expenses 2013: $47,560Net Income 2013: $533,2942013Revenue 2014: $150,280Expenses 2014: $86,764Net Income 2014: $63,5162014Revenue 2015: $117,600Expenses 2015: $107,655Net Income 2015: $9,9452015Revenue 2016: $115,364Expenses 2016: $94,616Net Income 2016: $20,7482016Revenue 2017: $107,224Expenses 2017: $111,196Net Income 2017: -$3,9722017Revenue 2018: $113,025Expenses 2018: $81,861Net Income 2018: $31,1642018Revenue 2019: $102,334Expenses 2019: $80,899Net Income 2019: $21,4352019Revenue 2020: $103,679Expenses 2020: $102,062Net Income 2020: $1,6172020Revenue 2021: $102,732Expenses 2021: $112,520Net Income 2021: -$9,7882021Revenue 2022: $86,065Expenses 2022: $122,619Net Income 2022: -$36,5542022Revenue 2023: $108,976Expenses 2023: $141,079Net Income 2023: -$32,1032023

Highlighted filing

2013

Revenue$580,854
Expenses$47,560
Net Income$533,294
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 28, 2014
Return Version
2013v3.0
Gross Receipts
$580,854
Mission and Program Overview

Mission

Own, operate and manage low income housing for the elderly and disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$388,872▲ $388,872
Savings and Temporary Cash Investments-$192,090-
Prepaid Expenses and Deferred Charges-$9,360-
Accounts Receivable-$3,296-
Cash and Non-Interest-Bearing Accounts$-421,485$-404,366▲ $17,119
Total Assets$-421,485$189,252▲ $610,737
Liabilities
Mortgage Notes Payable Secured by Investment Property-$42,719-
Accounts Payable and Accrued Expenses$5$35,773▲ $35,768
Other Liabilities$6,108$3,340▼ $2,768
Deferred Revenue-$1,724-
Total Liabilities$6,113$83,556▲ $77,443
Net Assets / Fund Balance
Unrestricted Net Assets$-427,598$105,696▲ $533,294
Total Net Assets Fund Balance$-427,598$105,696▲ $533,294
Total Liabilities and Net Assets / Fund Balance$-421,485$189,252▲ $610,737

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$341,872-$341,872
Buildings$37,000-$37,000
Land$10,000-$10,000
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleOtherTotal
Terry HansonSecretary$136,557$136,557

Board Members and Trustees

NameTitle
Curt KreunPresident
Joan JohnsonVice President
Duane HafnerDirector
Fayme Stringer-henryDirector
Garth RydlandDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Empire BuildersConstruction-$298,971
Revenue and Support

Revenue Composition

Contributions and Grants
$537,760
Program Service Revenue
$42,264
Investment Income
$21
Other Revenue
$809
All Other Contributions
$521,530
Change in Net Assets
$533,294

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$47,000Appraisal
Total Noncash Contributions1$47,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,560
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
Occupancy$18,728--$18,728
Fees for Services Management$5,606--$5,606
All Other Expenses$278$1,005-$1,283
Interest$1,100--$1,100
Other Expenses$1,057$4,390-$1,057
Fees for Services Accounting$550--$550
Office Expenses-$464-$464
Advertising$98--$98
Total Functional Expenses$41,701$5,859$0$47,560
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$3,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Westend terzetto's entered into an agreement with the housing authority of the city of grand forks, north dakota, to act as its agent in the operation of the project's properties and to make all collections for it. The management agreement provides for a monthly management fee of 5% of gross collections received during the month.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11

“The 990 is reviewed at a board meeting.”

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

“Board members are cognizant of the interest rules and upon discovery of potential conflicts, it is discussed among the board members and staff.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
20-1948663
Phone
7017462545

Signing Officer

Name
Curt Kreun
Title
President
Phone
7017462545
Signed
2014-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curt Kreun
Formed
2005
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Preparer
Mark D Holm
Phone
7017464466
Raw XML AppendixShowing 400 of 426 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035773
IRS990/AccountsReceivableGrp/EOYAmt03296
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED
IRS990/AdvertisingGrp/ProgramServicesAmt098
IRS990/AdvertisingGrp/TotalAmt098
IRS990/AllOtherContributionsAmt0521530
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01005
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0278
IRS990/AllOtherExpensesGrp/TotalAmt01283
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10TERRY HANSON
IRS990/BooksInCareOfDetail/PhoneNum07017462454
IRS990/BooksInCareOfDetail/USAddress/AddressLine101405 1ST AVENUE NORTH
IRS990/BooksInCareOfDetail/USAddress/City0GRAND FORKS
IRS990/BooksInCareOfDetail/USAddress/State0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCode058203
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-421485
IRS990/CashNonInterestBearingGrp/EOYAmt0-404366
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0298971
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10212 SOUTH 4TH STREET SUITE 110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0GRAND FORKS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0ND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode058201
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10EMPIRE BUILDERS
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0537760
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt021
IRS990/CYOtherExpensesAmt047560
IRS990/CYOtherRevenueAmt0809
IRS990/CYProgramServiceRevenueAmt042264
IRS990/CYRevenuesLessExpensesAmt0533294
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt047560
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0580854
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/EOYAmt01724
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0OWN,OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt041701
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0550
IRS990/FeesForServicesAccountingGrp/TotalAmt0550
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt05606
IRS990/FeesForServicesManagementGrp/TotalAmt05606
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CURT KREUN
IRS990/Form990PartVIISectionAGrp/PersonNm1DUANE HAFNER
IRS990/Form990PartVIISectionAGrp/PersonNm2GARTH RYDLAND
IRS990/Form990PartVIISectionAGrp/PersonNm3FAYME STRINGER-HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm4JOAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRY HANSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5136557
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt016230
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0580854
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01100
IRS990/InterestGrp/TotalAmt01100
IRS990/InvestmentIncomeGrp/ExclusionAmt021
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0388872
IRS990/LandBldgEquipCostOrOtherBssAmt0388872
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt042719
IRS990/NetAssetsOrFundBalancesBOYAmt0-427598
IRS990/NetAssetsOrFundBalancesEOYAmt0105696
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt047000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt018728
IRS990/OccupancyGrp/TotalAmt018728
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0464
IRS990/OfficeExpensesGrp/TotalAmt0464
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2BOOKKEEPING FEES
IRS990/OtherExpensesGrp/Desc3MANAGEMENT CONSULTANTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04390
IRS990/OtherExpensesGrp/ProgramServicesAmt09141
IRS990/OtherExpensesGrp/ProgramServicesAmt15143
IRS990/OtherExpensesGrp/ProgramServicesAmt21057
IRS990/OtherExpensesGrp/TotalAmt09141
IRS990/OtherExpensesGrp/TotalAmt15143
IRS990/OtherExpensesGrp/TotalAmt24390
IRS990/OtherExpensesGrp/TotalAmt31057
IRS990/OtherLiabilitiesGrp/BOYAmt06108
IRS990/OtherLiabilitiesGrp/EOYAmt03340
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0Misc. revenue-Related-
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0809
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0809
IRS990/OtherRevenueTotalAmt0809
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09360
IRS990/PrincipalOfficerNm0CURT KREUN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042264
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt012901
IRS990/PYOtherRevenueAmt0-47316
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-60217
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt012901
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-47316
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0533294
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt043073
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0192090
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016230
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0137400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0116900
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0643800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0552750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01450850
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt042264
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt042264
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01509344
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt058494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0137400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0116900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0643800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0552750
IRS990ScheduleA/Total509Grp/TotalAmt01509344
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt058515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0137400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0116900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0643800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0552750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01509365
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/BookValueAmt037000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt037000
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0341872
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0341872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0388872
IRS990ScheduleD/TotalLiabilityAmt03340
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt047000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WESTEND TERZETTO'S ENTERED INTO AN AGREEMENT WITH THE HOUSING AUTHORITY OF THE CITY OF GRAND FORKS, NORTH DAKOTA, TO ACT AS ITS AGENT IN THE OPERATION OF THE PROJECT'S PROPERTIES AND TO MAKE ALL COLLECTIONS FOR IT. THE MANAGEMENT AGREEMENT PROVIDES FOR A MONTHLY MANAGEMENT FEE OF 5% OF GROSS COLLECTIONS RECEIVED DURING THE MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE COGNIZANT OF THE INTEREST RULES AND UPON DISCOVERY OF POTENTIAL CONFLICTS, IT IS DISCUSSED AMONG THE BOARD MEMBERS AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10HOMESTEAD PLACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11GRAND FORKS HOUSING AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0450455374
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1456035977
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1GOVERNMENT UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE MGMT SERVICES FOR AGENCIES WHO PROVIDE HOUSING TO LOW INCOME TENANT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101405 1ST AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine111405 1ST AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0GRAND FORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1GRAND FORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode058203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode158203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
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
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0-421485
IRS990/TotalAssetsEOYAmt0189252
IRS990/TotalAssetsGrp/BOYAmt0-421485
IRS990/TotalAssetsGrp/EOYAmt0189252
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0537760
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05859
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041701
IRS990/TotalFunctionalExpensesGrp/TotalAmt047560
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06113
IRS990/TotalLiabilitiesEOYAmt083556
IRS990/TotalLiabilitiesGrp/BOYAmt06113
IRS990/TotalLiabilitiesGrp/EOYAmt083556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-427598
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105696
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt041701
IRS990/TotalProgramServiceRevenueAmt042264
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt021
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt043073
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0580854
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0-421485
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0189252
IRS990/TotReportableCompRltdOrgAmt0136557
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-427598
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0105696
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101405 1ST AVE N
IRS990/USAddress/City0GRAND FORKS
IRS990/USAddress/State0ND
IRS990/USAddress/ZIPCode058203
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$189,252
Liabilities
$83,556
Net assets
$105,696
Revenue
$580,854
Expenses
$47,560
Net income
$533,294
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.22$5.18$0.04$1.09$1.41$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.51$0.52$1.99$0.86$1.23$0.37
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.43$2.35$1.03$1.13$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.89$0.44$2.45$1.04$1.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.88$0.44$2.44$1.02$0.81$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.71$0.48$2.22$1.13$0.82$0.31
2017Detailed filing. Detailed filing data is available for this year.$2.38$0.47$1.91$1.07$1.11$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.50$1.95$1.15$0.95$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.29$0.55$1.74$1.18$1.08$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.36$0.67$1.69$1.50$0.87$0.64
2013Detailed filing. Detailed filing data is available for this year.$1.89$0.84$1.06$5.81$0.48$5.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.06$4.28$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.02$3.67$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.07$3.26$0.91