Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$33,401
Down $36 (-0.1%) from 2015
Net Assets
Down$33,401
Down $36 (-0.1%) from 2015
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$36
Down $24 (-40%) from 2015
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 9, 2017
- Return Version
- 2016v3.0
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. | - | $60 |
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 | - | - |
| JAMES W ROODHOUSE | 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
- 2017-11-09
- 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 36 total 36”
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 Appendix148 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 | 13437 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13401 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -36 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 33437 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33401 |
| 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 | 33437 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 33401 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 33437 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 33401 |
| 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/AverageHrsPerWkDevotedToPosRt | 5 | 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/CompensationAmt | 5 | 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/PersonNm | 5 | JAMES W ROODHOUSE |
| 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/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 36 |
| 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 | 60 |
| 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 | 36 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 60 |
| 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 36 TOTAL 36 |
| 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 | 2017-02-10 21:41:12Z |
| 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 | 2017-11-09 |
| 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 | 73B10574287E3D333EEB6B452A7097A1D4210A0D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 0CA194CBC5E2A2BBF6CDC2BB91C36F06C0C9087E |
| 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 | 2017-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY A MESCHER |
| ReturnHeader/ReturnTs | 0 | 2017-11-13T11:25:50-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $33,401
- Liabilities
- -
- Net assets
- $33,401
- Revenue
- -
- Expenses
- $36
- Net income
- -