Civic Intelligence

Wellspring Bridge Apartments

EIN 20-8284525 • 501(c)3 • Louisville, KY

Profile

To provide affordable housing for eight men and women with mental illness

PO Box 1927Louisville, KY 40201

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

1.38x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

-1.9%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

67th percentile

19%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$689,058

Down $16,653 (-2.4%) from 2023

Liabilities

Up

$84,611

Up $4,057 (+5.0%) from 2023

Net Assets

Down

$604,447

Down $20,710 (-3.3%) from 2023

Revenue

Up

$66,927

Up $8,749 (+15%) from 2023

Expenses

Down

$87,637

Down $928 (-1.0%) from 2023

Net Income

Up

-$20,710

Up $9,677 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $927,538Liabilities 2011: $22,239Net Assets 2011: $905,2992011Assets 2012: $951,498Liabilities 2012: $70,251Net Assets 2012: $881,2472012Assets 2013: $898,759Liabilities 2013: $30,685Net Assets 2013: $868,0742013Assets 2014: $881,323Liabilities 2014: $31,479Net Assets 2014: $849,8442014Assets 2015: $867,191Liabilities 2015: $30,395Net Assets 2015: $836,7962015Assets 2016: $856,888Liabilities 2016: $44,593Net Assets 2016: $812,2952016Assets 2017: $827,148Liabilities 2017: $33,607Net Assets 2017: $793,5412017Assets 2018: $801,919Liabilities 2018: $43,450Net Assets 2018: $758,4692018Assets 2019: $774,777Liabilities 2019: $34,456Net Assets 2019: $740,3212019Assets 2020: $755,359Liabilities 2020: $43,942Net Assets 2020: $711,4172020Assets 2021: $739,473Liabilities 2021: $59,846Net Assets 2021: $679,6272021Assets 2022: $719,471Liabilities 2022: $63,927Net Assets 2022: $655,5442022Assets 2023: $705,711Liabilities 2023: $80,554Net Assets 2023: $625,1572023Assets 2024: $689,058Liabilities 2024: $84,611Net Assets 2024: $604,4472024

Highlighted filing

2024

Assets$689,058
Liabilities$84,611
Net Assets$604,447

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $37,370Expenses 2011: $62,289Net Income 2011: -$24,9192011Revenue 2012: $41,643Expenses 2012: $65,695Net Income 2012: -$24,0522012Revenue 2013: $50,902Expenses 2013: $64,075Net Income 2013: -$13,1732013Revenue 2014: $47,791Expenses 2014: $66,021Net Income 2014: -$18,2302014Revenue 2015: $47,105Expenses 2015: $60,153Net Income 2015: -$13,0482015Revenue 2016: $47,530Expenses 2016: $72,031Net Income 2016: -$24,5012016Revenue 2017: $47,520Expenses 2017: $66,274Net Income 2017: -$18,7542017Revenue 2018: $46,328Expenses 2018: $81,400Net Income 2018: -$35,0722018Revenue 2019: $47,612Expenses 2019: $65,760Net Income 2019: -$18,1482019Revenue 2020: $45,197Expenses 2020: $74,101Net Income 2020: -$28,9042020Revenue 2021: $47,333Expenses 2021: $79,123Net Income 2021: -$31,7902021Revenue 2022: $48,706Expenses 2022: $72,789Net Income 2022: -$24,0832022Revenue 2023: $58,178Expenses 2023: $88,565Net Income 2023: -$30,3872023Revenue 2024: $66,927Expenses 2024: $87,637Net Income 2024: -$20,7102024

Highlighted filing

2024

Revenue$66,927
Expenses$87,637
Net Income-$20,710

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.89$0.85$6.04$0.67$0.88$0.21
2023Detailed filing. Detailed filing data is available for this year.$7.06$0.81$6.25$0.58$0.89$0.30
2022Detailed filing. Detailed filing data is available for this year.$7.19$0.64$6.56$0.49$0.73$0.24
2021Detailed filing. Detailed filing data is available for this year.$7.39$0.60$6.80$0.47$0.79$0.32
2020Detailed filing. Detailed filing data is available for this year.$7.55$0.44$7.11$0.45$0.74$0.29
2019Detailed filing. Detailed filing data is available for this year.$7.75$0.34$7.40$0.48$0.66$0.18
2018Detailed filing. Detailed filing data is available for this year.$8.02$0.43$7.58$0.46$0.81$0.35
2017Detailed filing. Detailed filing data is available for this year.$8.27$0.34$7.94$0.48$0.66$0.19
2016Summary only. Only limited summary data is available for this year.$8.57$0.45$8.12$0.48$0.72$0.25
2015Summary only. Only limited summary data is available for this year.$8.67$0.30$8.37$0.47$0.60$0.13
2014Summary only. Only limited summary data is available for this year.$8.81$0.31$8.50$0.48$0.66$0.18
2013Summary only. Only limited summary data is available for this year.$8.99$0.31$8.68$0.51$0.64$0.13
2012Summary only. Only limited summary data is available for this year.$9.51$0.70$8.81$0.42$0.66$0.24
2011Summary only. Only limited summary data is available for this year.$9.28$0.22$9.05$0.37$0.62$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 7, 2025
Return Version
2023v6.0
Gross Receipts
$66,927
Mission and Program Overview

Mission

To provide affordable housing for eight men and women with mental illness

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$647,343$623,583▼ $23,760
Savings and Temporary Cash Investments$48,372$47,671▼ $701
Cash and Non-Interest-Bearing Accounts$559$14,409▲ $13,850
Accounts Receivable$9,377$3,315▼ $6,062
Prepaid Expenses and Deferred Charges$60$80▲ $20
Total Assets$705,711$689,058▼ $16,653
Liabilities
Accounts Payable and Accrued Expenses$41,501$82,464▲ $40,963
Other Liabilities$38,865$1,667▼ $37,198
Deferred Revenue$188$480▲ $292
Total Liabilities$80,554$84,611▲ $4,057
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$625,157$604,447▼ $20,710
Total Net Assets Fund Balance$625,157$604,447▼ $20,710
Total Liabilities and Net Assets / Fund Balance$705,711$689,058▼ $16,653

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$556,496$354,905$911,401
Land$52,000-$52,000
Equipment$15,087$10,514$25,601
Compensation and Service Providers

Employees

NameTitleOtherTotal
Katharine DobbinsChief Executive Officer$147,818$147,818
John AlexanderChief Financial Officer$118,284$118,284

Board Members and Trustees

NameTitle
George RappDirector
Jack TrawickDirector
Steve KerrickDirector
William FrielDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,620
Investment Income
$93
Other Revenue
$214
Change in Net Assets
$-20,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$66,927
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$66,927
Total Revenue per Form 990
$66,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,637
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$26,818--$26,818
Depreciation Depletion$23,760--$23,760
Fees for Services Accounting-$12,791-$12,791
Fees for Services Management$4,722$7,376-$12,098
Insurance$6,001--$6,001
Office Expenses$1,229$2,300-$3,529
Other Expenses$923$670-$923
Information Technology$464--$464
Total Functional Expenses$64,500$23,137$0$87,637

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$87,637
Total Expenses per Audited Statements$87,637
Total Expenses per Form 990$87,637
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Security Deposits$1,667
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization uses new directions housing corporation as its management agent. The management agent handles the accounting and day to day operations of the organization for a fee.

Form 990, Part VI, Section A, Line 8B

The organization does not have any sub-committees. The governing body makes all decisions.

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

The board of directors is provided a copy of the 990 prior to the filing deadline.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wellspring Bridge Apartments
EIN
20-8284525
Phone
5026374361
Address
PO BOX 1927, LOUISVILLE, KY 40201

Signing Officer

Name
Katharine Dobbins
Title
CEO
Phone
5026374361
Signed
2025-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katharine Dobbins
Formed
2008
Legal Domicile
Ky
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Jones Nale & Mattingly Plc
Address
401 WEST MAIN STREET SUITE 1100, LOUISVILLE, KY 40202
Preparer
Larry Gumbel
Phone
5025830248
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

Wellspring bridge apartments, inc. Is a related organization of wellspring, inc. D/b/a sfk. The finance commitee of wellspring, inc. D/b/a sfk is responsible for interviewing, qualifying, and monitoring the auditors for the independent financial statement audit. The finance commitee reviews findings and recommendations to the organization's board of directors.

Financial Statement Notes

PART X, LINE 2:

Wellspring bridge apartments, inc. Qualifies as a tax exempt organization under section 501(c)(3) of the internal revenue code (irc) and, accordingly, no provision for federal or state income taxes has been made in these financial statements. The project's accounting policy provides that a tax expense/benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The organization has no uncertain tax positions resulting in an accrual of tax expense or benefit. The project's federal return of organization exempt from income tax is subject to examination by the taxing authorities until the expiration of the related statute of limitations on the return, which is generally three years.

Raw XML AppendixShowing 400 of 485 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/BOYAmt041501
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt082464
IRS990/AccountsReceivableGrp/BOYAmt09377
IRS990/AccountsReceivableGrp/EOYAmt03315
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR EIGHT MEN AND WOMEN WITH MENTAL ILLNESS
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NEW DIRECTIONS HOUSING CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum05025892272
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01617 MAPLE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040210
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0559
IRS990/CashNonInterestBearingGrp/EOYAmt014409
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt093
IRS990/CYOtherExpensesAmt087637
IRS990/CYOtherRevenueAmt0214
IRS990/CYProgramServiceRevenueAmt066620
IRS990/CYRevenuesLessExpensesAmt0-20710
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt087637
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt066927
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0188
IRS990/DeferredRevenueGrp/EOYAmt0480
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt023760
IRS990/DepreciationDepletionGrp/TotalAmt023760
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING FOR EIGHT MEN AND WOMEN WITH MENTAL ILLNESS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt064500
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012791
IRS990/FeesForServicesAccountingGrp/TotalAmt012791
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07376
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt04722
IRS990/FeesForServicesManagementGrp/TotalAmt012098
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt413611
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt56172
IRS990/Form990PartVIISectionAGrp/PersonNm0JACK TRAWICK
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE RAPP
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM FRIEL
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE KERRICK
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHARINE DOBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN ALEXANDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4134207
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5112112
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt066927
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0464
IRS990/InformationTechnologyGrp/TotalAmt0464
IRS990/InsuranceGrp/ProgramServicesAmt06001
IRS990/InsuranceGrp/TotalAmt06001
IRS990/InvestmentIncomeGrp/ExclusionAmt093
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt093
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0365419
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0647343
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0623583
IRS990/LandBldgEquipCostOrOtherBssAmt0989002
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR EIGHT MEN AND WOMEN WITH MENTAL ILLNESS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0625157
IRS990/NetAssetsOrFundBalancesEOYAmt0604447
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0625157
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0604447
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt026818
IRS990/OccupancyGrp/TotalAmt026818
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02300
IRS990/OfficeExpensesGrp/ProgramServicesAmt01229
IRS990/OfficeExpensesGrp/TotalAmt03529
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0670
IRS990/OtherExpensesGrp/ProgramServicesAmt0583
IRS990/OtherExpensesGrp/ProgramServicesAmt1923
IRS990/OtherExpensesGrp/TotalAmt01253
IRS990/OtherExpensesGrp/TotalAmt1923
IRS990/OtherLiabilitiesGrp/BOYAmt038865
IRS990/OtherLiabilitiesGrp/EOYAmt01667
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0214
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0214
IRS990/OtherRevenueTotalAmt0214
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080
IRS990/PrincipalOfficerNm0KATHARINE DOBBINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt066620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt066620
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076
IRS990/PYOtherExpensesAmt088565
IRS990/PYOtherRevenueAmt036
IRS990/PYProgramServiceRevenueAmt058066
IRS990/PYRevenuesLessExpensesAmt0-30387
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt088565
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt058178
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-20710
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt066834
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048372
IRS990/SavingsAndTempCashInvstGrp/EOYAmt047671
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt093
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt066620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt048676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt047279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt045137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0265778
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt093
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0237
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0214
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0326
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct00.99820
IRS990ScheduleA/PublicSupportTotal509Amt0265778
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt048676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt047279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt045137
IRS990ScheduleA/Total509Grp/TotalAmt0265778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt066927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058178
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt048706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt047333
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt045197
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0266341
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0556496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0354905
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0911401
IRS990ScheduleD/EquipmentGrp/BookValueAmt015087
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010514
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025601
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt087637
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt052000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt052000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt066927
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WELLSPRING BRIDGE APARTMENTS, INC. QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND, ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE PROJECT'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. THE PROJECT'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THE RETURN, WHICH IS GENERALLY THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0623583
IRS990ScheduleD/TotalExpensesPerForm990Amt087637
IRS990ScheduleD/TotalLiabilityAmt01667
IRS990ScheduleD/TotalRevenuePerForm990Amt066927
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt066927
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt087637
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES NEW DIRECTIONS HOUSING CORPORATION AS ITS MANAGEMENT AGENT. THE MANAGEMENT AGENT HANDLES THE ACCOUNTING AND DAY TO DAY OPERATIONS OF THE ORGANIZATION FOR A FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY SUB-COMMITTEES. THE GOVERNING BODY MAKES ALL DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE 990 PRIOR TO THE FILING DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WELLSPRING BRIDGE APARTMENTS, INC. IS A RELATED ORGANIZATION OF WELLSPRING, INC. D/B/A SFK. THE FINANCE COMMITEE OF WELLSPRING, INC. D/B/A SFK IS RESPONSIBLE FOR INTERVIEWING, QUALIFYING, AND MONITORING THE AUDITORS FOR THE INDEPENDENT FINANCIAL STATEMENT AUDIT. THE FINANCE COMMITEE REVIEWS FINDINGS AND RECOMMENDATIONS TO THE ORGANIZATION'S BOARD OF DIRECTORS.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0WELLSPRING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1WELLSPRING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2WELLSPRING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3WELLSPRING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4WELLSPRING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WELLSPRING INC DBA SFK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AMITY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SPECIALIZED HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3PATRICK HENRY APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4CLOVER HILL APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5WELLSPRING TONINI APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311020023
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1611121090
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2311071152
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3611197663
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4611175674
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5452943885
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PSYCHOLOGICAL REHABILITATION AND HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE APARTMENTS FOR PERSONS WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDE APARTMENTS FOR PERSONS WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3PROVIDE APARTMENTS FOR PERSONS WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4PROVIDE APARTMENTS FOR PERSONS WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5PROVIDE APARTMENTS FOR PERSONS WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt29
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt39
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt49
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt59
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5PO BOX 1927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd140201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd240201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd340201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd440201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd540201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.