Civic Intelligence

Westend Terzetto'S

990 • Fiscal year 2020 • EIN 20-1948663

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

Organization ProfileN/A
1405 1st Ave NGrand Forks, ND 58203

(701) 746-2545

Siviq Scores

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

Liabilities / Assets

56th percentile

0.15x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.42x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Net Margin

51st percentile

1.6%

Higher net margin than 51% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$168,048

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 162.1% of source-year revenue.

2020 filings • NTEE L20 • <$500k nonprofits • Source year 2020

Asset Growth

59th percentile

0.4%

Faster asset growth than 59% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

1.3%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$288,915

Up $1,146 (+0.4%) from 2019

Net Assets

Up

$245,190

Up $1,617 (+0.7%) from 2019

Liabilities

Down

$43,725

Down $471 (-1.1%) from 2019

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin51st percentile

Revenue

Up

$103,679

Up $1,345 (+1.3%) from 2019

Expenses

Up

$102,062

Up $21,163 (+26%) from 2019

Net Income

Down

$1,617

Down $19,818 (-92%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

2020

Assets$288,915
Liabilities$43,725
Net Assets$245,190
Open 2020 Filing

Operations Trend

Revenue Growth59th percentile

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

2020

Revenue$103,679
Expenses$102,062
Net Income$1,617
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Gross Receipts
$103,679
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$523,000$523,000→ $0
Savings and Temporary Cash Investments$92,696$111,326▲ $18,630
Prepaid Expenses and Deferred Charges$10,169$8,121▼ $2,048
Accounts Receivable$6,686$3,973▼ $2,713
Cash and Non-Interest-Bearing Accounts$-344,782$-357,505▼ $12,723
Total Assets$287,769$288,915▲ $1,146
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,325$39,880▼ $445
Other Liabilities$3,570$3,570→ $0
Accounts Payable and Accrued Expenses$201$227▲ $26
Deferred Revenue$100$48▼ $52
Total Liabilities$44,196$43,725▼ $471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$243,573$245,190▲ $1,617
Total Net Assets Fund Balance$243,573$245,190▲ $1,617
Total Liabilities and Net Assets / Fund Balance$287,769$288,915▲ $1,146

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$476,000-$476,000
Buildings$37,000-$37,000
Land$10,000-$10,000
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Curt KreunPresident
Joan JohnsonVice President
Bret WeberDirector
David EngenDirector
Fayme Stringer-henryDirector
Jeremy MorrisDirector
Terry HansonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$56,651
Program Service Revenue
$46,761
Investment Income
$267
Other Revenue
$0
Change in Net Assets
$1,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,062
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$41,581--$41,581
Fees for Services Management$10,342--$10,342
Fees for Services Accounting$715--$715
Office Expenses-$662-$662
Interest$649--$649
Other Expenses$644$8,861-$644
All Other Expenses-$432-$432
Travel$186--$186
Total Functional Expenses$92,107$9,955$0$102,062
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$3,570
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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 11B

“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

Filer Name
WESTEND TERZETTO'S
EIN
20-1948663
Phone
7017462545
Address
1405 1ST AVE N, GRAND FORKS, ND 58203

Signing Officer

Name
Curt Kreun
Title
President
Phone
7017462545
Signed
2021-05-05
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

Firm
Brady Martz & Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Brian Opsahl
Phone
7017754685
Raw XML AppendixShowing 400 of 467 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/BOYAmt0201
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0227
IRS990/AccountsReceivableGrp/BOYAmt06686
IRS990/AccountsReceivableGrp/EOYAmt03973
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0432
IRS990/AllOtherExpensesGrp/TotalAmt0432
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERRY HANSON
IRS990/BooksInCareOfDetail/PhoneNum07017462454
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01405 1ST AVENUE NORTH
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND FORKS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-344782
IRS990/CashNonInterestBearingGrp/EOYAmt0-357505
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056651
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0267
IRS990/CYOtherExpensesAmt0102062
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt046761
IRS990/CYRevenuesLessExpensesAmt01617
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0102062
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0103679
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0100
IRS990/DeferredRevenueGrp/EOYAmt048
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0OWN, OPERATE AND MANAGE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt092107
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0715
IRS990/FeesForServicesAccountingGrp/TotalAmt0715
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt010342
IRS990/FeesForServicesManagementGrp/TotalAmt010342
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt414893
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CURT KREUN
IRS990/Form990PartVIISectionAGrp/PersonNm1BRET WEBER
IRS990/Form990PartVIISectionAGrp/PersonNm2FAYME STRINGER-HENRY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JEREMY MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID ENGEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4153155
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt056651
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0103679
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt0649
IRS990/InterestGrp/TotalAmt0649
IRS990/InvestmentIncomeGrp/ExclusionAmt0267
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0267
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0523000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0523000
IRS990/LandBldgEquipCostOrOtherBssAmt0523000
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/BOYAmt040325
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt039880
IRS990/NetAssetsOrFundBalancesBOYAmt0243573
IRS990/NetAssetsOrFundBalancesEOYAmt0245190
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0243573
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0245190
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt041581
IRS990/OccupancyGrp/TotalAmt041581
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0662
IRS990/OfficeExpensesGrp/TotalAmt0662
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BOOKKEEPING FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08861
IRS990/OtherExpensesGrp/ProgramServicesAmt025291
IRS990/OtherExpensesGrp/ProgramServicesAmt112699
IRS990/OtherExpensesGrp/ProgramServicesAmt2644
IRS990/OtherExpensesGrp/TotalAmt025291
IRS990/OtherExpensesGrp/TotalAmt112699
IRS990/OtherExpensesGrp/TotalAmt28861
IRS990/OtherExpensesGrp/TotalAmt3644
IRS990/OtherLiabilitiesGrp/BOYAmt03570
IRS990/OtherLiabilitiesGrp/EOYAmt03570
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010169
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08121
IRS990/PrincipalOfficerNm0CURT KREUN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046761
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt052385
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0431
IRS990/PYOtherExpensesAmt080899
IRS990/PYOtherRevenueAmt073
IRS990/PYProgramServiceRevenueAmt049445
IRS990/PYRevenuesLessExpensesAmt021435
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt080899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0102334
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01617
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt046761
IRS990/SavingsAndTempCashInvstGrp/BOYAmt092696
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0111326
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056651
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt052385
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt052656
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050666
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0277738
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0431
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0180
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01054
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt046761
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt049445
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt047465
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt054455
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt064631
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0262757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0431
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0180
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01054
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt073
IRS990ScheduleA/OtherIncome509Grp/TotalAmt073
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct00.99830
IRS990ScheduleA/PublicSupportTotal509Amt0540495
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0103412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0101830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112845
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0107111
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0115297
IRS990ScheduleA/Total509Grp/TotalAmt0540495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0102334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0113025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0107220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0115364
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0541622
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/BookValueAmt0476000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0476000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0523000
IRS990ScheduleD/TotalLiabilityAmt03570
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/CompensationBasedOnRltdOrgsAmt0153155
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERRY HANSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0168048
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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 11B
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/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOMESTEAD PLACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1GRAND 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/AddressLine1Txt01405 1ST AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11405 1ST AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND FORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1GRAND FORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd058203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd158203
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0287769
IRS990/TotalAssetsEOYAmt0288915
IRS990/TotalAssetsGrp/BOYAmt0287769
IRS990/TotalAssetsGrp/EOYAmt0288915
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt056651
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092107

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$288,915
Liabilities
$43,725
Net assets
$245,190
Revenue
$103,679
Expenses
$102,062
Net income
$1,617
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