Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Terrace Foundation
EIN 20-2366003 • 501(c)3 • Washington, IL
Profile
Support of galena park terrace, an irc section 501(c)(3) charitable organization
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$33,313
Down $36 (-0.1%) from 2018
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$33,313
Down $36 (-0.1%) from 2018
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$36
Up $10 (+38%) from 2018
Net Income
-
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2019 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $33,313
- Liabilities
- -
- Net assets
- $33,313
- Revenue
- -
- Expenses
- $36
- Net income
- -
Latest Detailed Filing
The latest 2019 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Nov 15, 2018
- Return Version
- 2017v2.3
Mission and Program Overview
Mission
Support of galena park terrace, an irc section 501(c)(3) charitable organization
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION PROVIDING CARE FOR THE ELDERLY. THE TERRACE FOUNDATION OWNS REAL ESTATE SURROUNDING THE GALENA PARK TERRACE FACILITY PROVIDING GREEN SPACE AND BUFFER AREA FROM ADJACENT IMPROVED AREAS, AS WELL AS MAINTENANCE BUILDINGS USED BY GALENA PARK TERRACE. | - | $25 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM WOMBACHER | President/Di | - | $0 | - | - |
| JAMES STOWELL | V. Pres/Dire | - | $0 | - | - |
| DAN VONACHEN | Secy/Treas/D | - | $0 | - | - |
| JUDITH OAKFORD | Director | - | $0 | - | - |
| DEAN R BORDEAUX | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Terrace Foundation
- EIN
- 20-2366003
- Phone
- 3094445990
- Address
- 108 S WOOD ST, WASHINGTON, IL 61571
Signing Officer
- Name
- William Wombacher
- Title
- President/director
- Phone
- 3094445990
- Signed
- 2018-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Mescher Law Offices Pc
- Address
- 108 S WOOD ST, WASHINGTON, IL 61571-2547
- Preparer
- Gregory a Mescher
- Phone
- 3094445990
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses bank service charges 26 total 26”
Form 990-ez, Part III
“Support of galena park terrace, an irc section 501(c)(3) charitable organization”
Form 990-ez, Part III, Line 28
“Support of galena park terrace, an irc section 501(c)(3) charitable organization providing care for the elderly. The terrace foundation owns real estate surrounding the galena park terrace facility providing green space and buffer area from adjacent improved areas, as well as maintenance buildings used by galena park terrace.”
Form 990-ez, Part V
“Personal benefit contracts statement did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ..........no did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..........................no”
Raw XML Appendix149 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GREGORY A MESCHER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3094445990 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 108 S WOOD ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WASHINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61571 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 13401 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13375 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -26 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 33401 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33375 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 20000 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 20000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 33401 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33375 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 33401 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33375 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM WOMBACHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAMES STOWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAN VONACHEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JUDITH OAKFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DEAN R BORDEAUX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | V. PRES/DIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECY/TREAS/D |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION PROVIDING CARE FOR THE ELDERLY. THE TERRACE FOUNDATION OWNS REAL ESTATE SURROUNDING THE GALENA PARK TERRACE FACILITY PROVIDING GREEN SPACE AND BUFFER AREA FROM ADJACENT IMPROVED AREAS, AS WELL AS MAINTENANCE BUILDINGS USED BY GALENA PARK TERRACE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 26 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE TERRACE FOUNDATION PROVIDES SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION PROVIDING CARE FOR THE ELDERLY, BY OWNING REAL ESTATE SURROUNDING THE GALENA PARK TERRACE FACILITY WHICH PROVIDES GREEN SPACE AND BUFFER AREA FROM ADJACENT IMPROVED AREAS, AS WELL AS MAINTENANCE BUILDINGS USED BY GALENA PARK TERRACE. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SUPPLEMENTAL INFORMATION |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 370975953 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | GALENA PARK TERRACE |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt | 0 | GALENA PARK TERRACE |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES BANK SERVICE CHARGES 26 TOTAL 26 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SUPPORT OF GALENA PARK TERRACE, AN IRC SECTION 501(C)(3) CHARITABLE ORGANIZATION PROVIDING CARE FOR THE ELDERLY. THE TERRACE FOUNDATION OWNS REAL ESTATE SURROUNDING THE GALENA PARK TERRACE FACILITY PROVIDING GREEN SPACE AND BUFFER AREA FROM ADJACENT IMPROVED AREAS, AS WELL AS MAINTENANCE BUILDINGS USED BY GALENA PARK TERRACE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PERSONAL BENEFIT CONTRACTS STATEMENT DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT? ..........NO DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT? ..........................NO |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM WOMBACHER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3094445990 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TERRACE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TERR |
| ReturnHeader/Filer/EIN | 0 | 202366003 |
| ReturnHeader/Filer/PhoneNum | 0 | 3094445990 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 108 S WOOD ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WASHINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 61571 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9FAAF1616B4CCCDB4442939EE88CB87B1EA87359 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | F61130B5F35C9D26257A625420DA459B316176E7 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 00:04:46 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 364256876 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MESCHER LAW OFFICES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 108 S WOOD ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WASHINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 615712547 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3094445990 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY A MESCHER |
| ReturnHeader/ReturnTs | 0 | 2018-11-15T00:04:46-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.