Civic Intelligence

Liberty Townhomes Association

EIN 20-4706158 • 501(c)4 • New Ulm, MN

Profile

Homeowner's association formed for the purpose of maintaining common areas of a housing development.

16 Liberty StNew Ulm, MN 56073

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-15%

Faster revenue growth than 33% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$23,067

Up $3,293 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$23,067

Up $3,293 (+17%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin73rd percentile

Revenue

Down

$20,554

Down $3,695 (-15%) from 2023

Expenses

Down

$17,261

Down $21,265 (-55%) from 2023

Net Income

Up

$3,293

Up $17,570 (+123%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2011: $15,304Liabilities 2011: $0Net Assets 2011: $15,3042011Assets 2012: $16,033Liabilities 2012: $0Net Assets 2012: $16,0332012Assets 2013: $17,098Liabilities 2013: $0Net Assets 2013: $17,0982013Assets 2014: $16,765Liabilities 2014: $0Net Assets 2014: $16,7652014Assets 2015: $20,457Liabilities 2015: $0Net Assets 2015: $20,4572015Assets 2016: $22,004Liabilities 2016: $0Net Assets 2016: $22,0042016Assets 2017: $24,885Liabilities 2017: $0Net Assets 2017: $24,8852017Assets 2018: $15,876Liabilities 2018: $0Net Assets 2018: $15,8762018Assets 2019: $14,072Liabilities 2019: $0Net Assets 2019: $14,0722019Assets 2020: $21,921Liabilities 2020: $0Net Assets 2020: $21,9212020Assets 2021: $28,614Liabilities 2021: $0Net Assets 2021: $28,6142021Assets 2022: $34,051Liabilities 2022: $0Net Assets 2022: $34,0512022Assets 2023: $19,774Liabilities 2023: $0Net Assets 2023: $19,7742023Assets 2024: $23,067Liabilities 2024: $0Net Assets 2024: $23,0672024

Highlighted filing

2024

Assets$23,067
Liabilities$0
Net Assets$23,067
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20KRevenue 2011: $14,681Expenses 2011: $9,795Net Income 2011: $4,8862011Revenue 2012: $11,888Expenses 2012: $11,159Net Income 2012: $7292012Revenue 2013: $12,031Expenses 2013: $10,966Net Income 2013: $1,0652013Revenue 2014: $12,815Expenses 2014: $13,148Net Income 2014: -$3332014Revenue 2015: $14,054Expenses 2015: $10,362Net Income 2015: $3,6922015Revenue 2016: $13,962Expenses 2016: $12,415Net Income 2016: $1,5472016Revenue 2017: $12,962Expenses 2017: $10,081Net Income 2017: $2,8812017Revenue 2018: $14,998Expenses 2018: $24,007Net Income 2018: -$9,0092018Revenue 2019: $20,020Expenses 2019: $21,824Net Income 2019: -$1,8042019Revenue 2020: $24,659Expenses 2020: $16,810Net Income 2020: $7,8492020Revenue 2021: $25,571Expenses 2021: $18,878Net Income 2021: $6,6932021Revenue 2022: $25,933Expenses 2022: $20,496Net Income 2022: $5,4372022Revenue 2023: $24,249Expenses 2023: $38,526Net Income 2023: -$14,2772023Revenue 2024: $20,554Expenses 2024: $17,261Net Income 2024: $3,2932024

Highlighted filing

2024

Revenue$20,554
Expenses$17,261
Net Income$3,293
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,067
Liabilities
$0
Net assets
$23,067
Revenue
$20,554
Expenses
$17,261
Net income
$3,293
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.1$0.00$23.1$20.6$17.3$3.29
2023Detailed filing. Detailed filing data is available for this year.$19.8$0.00$19.8$24.2$38.5$14.3
2022Detailed filing. Detailed filing data is available for this year.$34.1$0.00$34.1$25.9$20.5$5.44
2021Detailed filing. Detailed filing data is available for this year.$28.6$0.00$28.6$25.6$18.9$6.69
2020Detailed filing. Detailed filing data is available for this year.$21.9$0.00$21.9$24.7$16.8$7.85
2019Detailed filing. Detailed filing data is available for this year.$14.1$0.00$14.1$20.0$21.8$1.80
2018Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$15.0$24.0$9.01
2017Detailed filing. Detailed filing data is available for this year.$24.9$0.00$24.9$13.0$10.1$2.88
2016Detailed filing. Detailed filing data is available for this year.$22.0$0.00$22.0$14.0$12.4$1.55
2015Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$14.1$10.4$3.69
2014Detailed filing. Detailed filing data is available for this year.$16.8$0.00$16.8$12.8$13.1$0.33
2013Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$12.0$11.0$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$0.00$16.0$11.9$11.2$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.00$15.3$14.7$9.80$4.89
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$20,554
Mission and Program Overview

Mission

Homeowner's association formed for the purpose of maintaining common areas of a housing development.

Program Services

DescriptionGrantsExpenses
MAINTAINING COMMON AREAS FOR THE ASSOCIATION.$0$16,833
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MITCH MOREPresident-$0--
JOANNE CHRISTENSENTreasurer-$0--
LUANN LINDMEYERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Liberty Townhomes Association
EIN
20-4706158
Phone
5072763272
Address
16 LIBERTY ST, NEW ULM, MN 56073

Signing Officer

Name
Joanne Christensen
Title
Treasurer
Phone
5072763272
Signed
2025-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Karla Havemeier Ltd
Address
107 S BROADWAY ST, NEW ULM, MN 56073
Preparer
Karla Havemeier CPA
Phone
5073547699
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 4.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 485.”

Raw XML Appendix113 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0JOANNE CHRISTENSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum05072763272
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016 LIBERTY ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW ULM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056073
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019774
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023067
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt03293
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0335
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019774
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023067
IRS990EZ/GrossReceiptsAmt020554
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt020550
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019774
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023067
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019774
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023067
IRS990EZ/OccupancyRentUtltsAndMaintAmt016349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MITCH MORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOANNE CHRISTENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LUANN LINDMEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0485
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HOMEOWNER'S ASSOCIATION FORMED FOR THE PURPOSE OF MAINTAINING COMMON AREAS OF A HOUSING DEVELOPMENT.
IRS990EZ/PrintingPublicationsPostageAmt092
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTAINING COMMON AREAS FOR THE ASSOCIATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016833
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt017261
IRS990EZ/TotalProgramServiceExpensesAmt016833
IRS990EZ/TotalRevenueAmt020554
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 485.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOANNE CHRISTENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05072763272
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIBERTY TOWNHOMES ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O JOANNE CHRISTENSEN
ReturnHeader/Filer/BusinessNameControlTxt0LIBE
ReturnHeader/Filer/EIN0204706158
ReturnHeader/Filer/PhoneNum05072763272
ReturnHeader/Filer/USAddress/AddressLine1Txt016 LIBERTY ST
ReturnHeader/Filer/USAddress/CityNm0NEW ULM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056073
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203836344
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KARLA HAVEMEIER LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 S BROADWAY ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW ULM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056073
ReturnHeader/PreparerPersonGrp/PhoneNum05073547699
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARLA HAVEMEIER CPA
ReturnHeader/ReturnTs02025-05-29T08:17:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits