Civic Intelligence

Place (Projects Linking Art Community & Environment)

990 • Fiscal year 2016 • EIN 20-4361698

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

100 PORTLAND AVENUE SOUTH No 100Minneapolis, MN 55401

(651) 309-3889

Siviq Scores

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

Liabilities / Assets

75th percentile

0.51x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

3.99x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

88th percentile

36%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

57th percentile

$135,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

68th percentile

7.0%

Faster asset growth than 68% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,755,164

Up $374,166 (+7.0%) from 2015

Net Assets

Up

$2,814,784

Up $267,796 (+11%) from 2015

Liabilities

Up

$2,940,380

Up $106,370 (+3.8%) from 2015

Revenue

Down

$737,069

Down $267,121 (-27%) from 2015

Expenses

Up

$469,273

Up $220,713 (+89%) from 2015

Net Income

Down

$267,796

Down $487,834 (-65%) from 2015

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $2,326,464Liabilities 2010: $1,700,699Net Assets 2010: $625,7652010Assets 2011: $3,923,170Liabilities 2011: $2,214,214Net Assets 2011: $1,708,9562011Assets 2012: $4,015,700Liabilities 2012: $2,345,922Net Assets 2012: $1,669,7782012Assets 2013: $4,304,981Liabilities 2013: $2,518,910Net Assets 2013: $1,786,0712013Assets 2014: $4,613,032Liabilities 2014: $2,732,570Net Assets 2014: $1,880,4622014Assets 2015: $5,380,998Liabilities 2015: $2,834,010Net Assets 2015: $2,546,9882015Assets 2016: $5,755,164Liabilities 2016: $2,940,380Net Assets 2016: $2,814,7842016Assets 2017: $6,314,769Liabilities 2017: $3,167,463Net Assets 2017: $3,147,3062017Assets 2018: $9,327,855Liabilities 2018: $3,983,791Net Assets 2018: $5,344,0642018Assets 2019: $9,674,029Liabilities 2019: $5,857,217Net Assets 2019: $3,816,8122019Assets 2020: $10,578,533Liabilities 2020: $6,274,420Net Assets 2020: $4,304,1132020Assets 2021: $11,978,252Liabilities 2021: $7,309,395Net Assets 2021: $4,668,8572021Assets 2022: $88,063,174Liabilities 2022: $83,498,733Net Assets 2022: $4,564,4412022Assets 2023: $14,803,036Liabilities 2023: $11,972,865Net Assets 2023: $2,830,1712023Assets 2024: $13,659,596Liabilities 2024: $11,078,844Net Assets 2024: $2,580,7522024

Highlighted filing

2016

Assets$5,755,164
Liabilities$2,940,380
Net Assets$2,814,784

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $254,4732010Expenses 2011: $384,1222011Revenue 2012: $252,649Expenses 2012: $291,827Net Income 2012: -$39,1782012Revenue 2013: $414,032Expenses 2013: $297,739Net Income 2013: $116,2932013Revenue 2014: $349,345Expenses 2014: $254,954Net Income 2014: $94,3912014Revenue 2015: $1,004,190Expenses 2015: $248,560Net Income 2015: $755,6302015Revenue 2016: $737,069Expenses 2016: $469,273Net Income 2016: $267,7962016Revenue 2017: $963,152Expenses 2017: $630,630Net Income 2017: $332,5222017Revenue 2018: $2,768,320Expenses 2018: $571,562Net Income 2018: $2,196,7582018Revenue 2019: $870,875Expenses 2019: $2,398,127Net Income 2019: -$1,527,2522019Revenue 2020: $1,098,565Expenses 2020: $611,264Net Income 2020: $487,3012020Revenue 2021: $801,378Expenses 2021: $436,634Net Income 2021: $364,7442021Revenue 2022: $896,204Expenses 2022: $415,664Net Income 2022: $480,5402022Revenue 2023: $2,936,446Expenses 2023: $7,553,724Net Income 2023: -$4,617,2782023Revenue 2024: $1,456,318Expenses 2024: $1,705,737Net Income 2024: -$249,4192024

Highlighted filing

2016

Revenue$737,069
Expenses$469,273
Net Income$267,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$737,069
Mission and Program Overview

Mission

Place is a national nonprofit organization that helps communities create state-of-the-art buildings and more, entire neighborhoods that bring together the arts, environmentalism and social justice.

To build a sustainable, just, and inspiring world, one community at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,034,102$4,336,248▲ $302,146
Other Notes and Loans Receivable, Net$1,163,576$1,163,576→ $0
Accounts Receivable$144,646$225,984▲ $81,338
Loans From Officers Directors$184,361$180,821▼ $3,540
Cash and Non-Interest-Bearing Accounts$26,279$15,584▼ $10,695
Land, Buildings, and Equipment, Net$12,395$13,772▲ $1,377
Total Assets$5,380,998$5,755,164▲ $374,166
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,530,000$1,530,000→ $0
Accounts Payable and Accrued Expenses$1,119,649$1,229,559▲ $109,910
Total Liabilities$2,834,010$2,940,380▲ $106,370
Net Assets / Fund Balance
Unrestricted Net Assets$2,546,988$2,792,284▲ $245,296
Temporarily Rstr Net Assets-$22,500-
Total Net Assets Fund Balance$2,546,988$2,814,784▲ $267,796
Total Liabilities and Net Assets / Fund Balance$5,380,998$5,755,164▲ $374,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,772$12,059$25,831
Investment Program Related Org$585,327--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris VelascoPresident/executive DirectorFT$88,461$46,539$135,000
Elizabeth BowlingDirectorPT$66,769$13,231$80,000

Board Members and Trustees

NameTitle
Garth RockcastleVice President
Charles L Raison MddIRECTOR
Emily KnipplingDirector
Romulo E SamaniegodIRECTOR
Sara KrusensternaDirector
Kerri StahleckerSecretary
Jonathan PearlsteinTreasurer
Brent WebbTreasurer-elect
Revenue and Support

Revenue Composition

Contributions and Grants
$88,935
Program Service Revenue
$647,496
Investment Income
$0
Other Revenue
$638
All Other Contributions
$48,451
Change in Net Assets
$267,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$329,102
Other Expenses$140,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$147,919$67,081-$215,000
Other Salaries and Wages$43,611$35,436-$79,047
Occupancy$43,305$3,618-$46,923
Fees for Services Accounting$11,152$14,969-$26,121
Payroll Taxes$15,095$8,079-$23,174
Travel$20,039--$20,039
Other Employee Benefits$7,739$4,142-$11,881
Office Expenses$7,355$3,919-$11,274
Other Expenses$4,495$2,406-$6,901
Fees for Services Legal$6,204--$6,204
Insurance$3,315$1,774-$5,089
Depreciation Depletion$2,845$1,522-$4,367
Fees for Services Other$1,376$2,410-$3,786
Advertising-$129-$129
Total Functional Expenses$320,534$148,739$0$469,273
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$184,361$180,821▼ $3,540
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Chris velasco (president) and elizabeth bowling (founding board member) have a family relationship.

Form 990, Part VI, Section B, line 11B

Form 990 will be reviewed in detail by the president and treasurer, and will be circulated to the entire board of directors prior to filing.

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

The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.

Form 990, Part VI, Section B, line 15

The process for executive compensation review has not occurred in five years due to the financial position of the organization. In the past, the president/executive director makes a request and presents data, he and elizabeth bowling recuse themselves from board discussions, the board reviews the data and conducts a performance review discussion and independent investigation of compensation, minutes are preserved and the board then votes.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.

Filing and Contact Details

Filer

Filer Name
Place (projects Linking Art Community &
EIN
20-4361698
Phone
6513093889
Address
100 PORTLAND AVENUE SOUTH No 100, MINNEAPOLIS, MN 55401

Signing Officer

Name
Chris Velasco
Title
Executive Director
Phone
6513093889
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Velasco
Formed
2006
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
8
Employees
5
Volunteers
5

Preparer

Firm
MahoneyUlbrichChristiansen & Russ PA
Address
10 River Park Plaza Suite 800, Saint Paul, MN 55107
Preparer
Rozalyn Z Allyson
Phone
6512276695
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

PLACE is a Minnesota nonprofit corporation and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable Minnesota Statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. Management believes the Organization did not have any unrelated business income in 2016. Management continually evaluates tax positions reflected in its tax filings and does not believe it has taken any uncertain tax positions. The Partnership and SLP Company are not taxable entities.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PLACE WORKS WITH LOCAL GOVERNMENTS, FOUNDATIONS, AND COMMUNITY MEMBERS TO CREATE SUSTAINABLE, AFFORDABLE, MIXED-USE, MIXED-INCOME NEIGHBORHOODS FOR ARTISTS, UNDER-SERVED POPULATIONS FACING VARIOUS LIFE CHALLENGES, NONPROFIT ORGANIZATIONS, AND CREATIVE BUSINESSES. WITH PLACE'S GUIDANCE, THESE NEIGHBORHOODS WILL BE CREATED WITH VIGOROUS PUBLIC DIALOG, BUILT TO THE HIGHEST ENVIRONMENTAL STANDARDS, AND FILLED WITH PEOPLE FROM ALL BACKGROUNDS AND ECONOMIC CIRCUMSTANCES. THE PLACE TEAM ASSISTS ITS COMMUNITIES WITH EVERY ASPECT OF THE PROJECT FROM VISIONING TO PLANNING, FROM DESIGN TO FUNDING, FROM CONSTRUCTION TO SERVICE COORDINATION AND PROJECT MAINTENANCE.
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12406
IRS990/OtherExpensesGrp/ProgramServicesAmt06084
IRS990/OtherExpensesGrp/ProgramServicesAmt14495
IRS990/OtherExpensesGrp/TotalAmt09338
IRS990/OtherExpensesGrp/TotalAmt16901
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0638
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0638
IRS990/OtherRevenueTotalAmt0638
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt043611
IRS990/OtherSalariesAndWagesGrp/TotalAmt079047
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01163576
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01163576
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08079
IRS990/PayrollTaxesGrp/ProgramServicesAmt015095
IRS990/PayrollTaxesGrp/TotalAmt023174
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS VELASCO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0technical assistance
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc2PARTNERSHIP FEE
IRS990/ProgramServiceRevenueGrp/Desc3LOSS IN SLP INVESTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0387502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1244253
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-83
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0387502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1244253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-83
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt063287
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt086765
IRS990/PYOtherRevenueAmt04041
IRS990/PYProgramServiceRevenueAmt0936862
IRS990/PYRevenuesLessExpensesAmt0755630
IRS990/PYSalariesCompEmpBnftPaidAmt0161795
IRS990/PYTotalExpensesAmt0248560
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01004190
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0267796
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0648675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt088935
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0163116
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02588953
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0163116
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt088935
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04877
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0163116
IRS990ScheduleA/TotalSupportAmt0163116
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/EquipmentGrp/BookValueAmt013772
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012059
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025831
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03750921
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1585327
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0N/R & ACC. INT. - WAV APT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Investments in LLCs
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PLACE is a Minnesota nonprofit corporation and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable Minnesota Statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. Management believes the Organization did not have any unrelated business income in 2016. Management continually evaluates tax positions reflected in its tax filings and does not believe it has taken any uncertain tax positions. The Partnership and SLP Company are not taxable entities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013772
IRS990ScheduleD/TotalBookValueProgramRltdAmt04336248
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0180821
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt066119
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ELIZABETH BOWLING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR ON THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0180821
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS VELASCO (PRESIDENT) AND ELIZABETH BOWLING (FOUNDING BOARD MEMBER) HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WILL BE REVIEWED IN DETAIL BY THE PRESIDENT AND TREASURER, AND WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR EXECUTIVE COMPENSATION REVIEW HAS NOT OCCURRED IN FIVE YEARS DUE TO THE FINANCIAL POSITION OF THE ORGANIZATION. IN THE PAST, THE PRESIDENT/EXECUTIVE DIRECTOR MAKES A REQUEST AND PRESENTS DATA, HE AND ELIZABETH BOWLING RECUSE THEMSELVES FROM BOARD DISCUSSIONS, THE BOARD REVIEWS THE DATA AND CONDUCTS A PERFORMANCE REVIEW DISCUSSION AND INDEPENDENT INVESTIGATION OF COMPENSATION, MINUTES ARE PRESERVED AND THE BOARD THEN VOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2Place
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WAV PARTNERS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CREST OF THE WAV PARTNERS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2PLACE E-GENERATION ONE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2rENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt015749
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0100 PORTLAND AVE S SUITE 100
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1100 PORTLAND AVE S SUITE 100
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt2100 PORTLAND AVE S SUITE 100
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2mINNEAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2MN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd055401
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd155401
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd255401
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0WAV PARTNERS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt1CREST OF THE WAV PARTNERS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt2Place e-generation
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt3PLace e-generation
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.7$11.1$2.58$1.46$1.71$0.25
2023Summary only. Only limited summary data is available for this year.$14.8$12.0$2.83$2.94$7.55$4.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.1$83.5$4.56$0.90$0.42$0.48
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$7.31$4.67$0.80$0.44$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$6.27$4.30$1.10$0.61$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$5.86$3.82$0.87$2.40$1.53
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.33$3.98$5.34$2.77$0.57$2.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$3.17$3.15$0.96$0.63$0.33
2016Detailed filing. Detailed filing data is available for this year.$5.76$2.94$2.81$0.74$0.47$0.27
2015Detailed filing. Detailed filing data is available for this year.$5.38$2.83$2.55$1.00$0.25$0.76
2014Detailed filing. Detailed filing data is available for this year.$4.61$2.73$1.88$0.35$0.25$0.09
2013Detailed filing. Detailed filing data is available for this year.$4.30$2.52$1.79$0.41$0.30$0.12
2012Summary only. Only limited summary data is available for this year.$4.02$2.35$1.67$0.25$0.29$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$2.21$1.71$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$1.70$0.63$0.25