Civic Intelligence

Pennock Estates Inc

990EZ • Fiscal year 2023 • EIN 23-7098414

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 17, 2024

Organization ProfileN/A
PO Box 16Pennock, MN 56279

(320) 599-4498

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

1.1%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

39th percentile

-3.3%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

9.1%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$152,345

Down $5,152 (-3.3%) from 2022

Net Assets

Up

$145,025

Up $673 (+0.5%) from 2022

Liabilities

Down

$7,320

Down $5,825 (-44%) from 2022

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin46th percentile

Revenue

Up

$60,201

Up $5,020 (+9.1%) from 2022

Expenses

Down

$59,525

Down $336 (-0.6%) from 2022

Net Income

Up

$676

Up $5,356 (+114%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$200K$150K$100K$50K$0Assets 2012: $127,889Liabilities 2012: $27,749Net Assets 2012: $100,1402012Assets 2013: $132,603Liabilities 2013: $25,243Net Assets 2013: $107,3602013Assets 2014: $135,036Liabilities 2014: $22,947Net Assets 2014: $112,0892014Assets 2015: $144,495Liabilities 2015: $20,404Net Assets 2015: $124,0912015Assets 2016: $152,457Liabilities 2016: $17,855Net Assets 2016: $134,6022016Assets 2018: $155,202Liabilities 2018: $12,627Net Assets 2018: $142,5752018Assets 2019: $151,114Liabilities 2019: $9,990Net Assets 2019: $141,1242019Assets 2020: $153,671Liabilities 2020: $8,819Net Assets 2020: $144,8522020Assets 2021: $156,442Liabilities 2021: $7,411Net Assets 2021: $149,0312021Assets 2022: $157,497Liabilities 2022: $13,145Net Assets 2022: $144,3522022Assets 2023: $152,345Liabilities 2023: $7,320Net Assets 2023: $145,0252023Assets 2025: $168,941Liabilities 2025: $6,050Net Assets 2025: $162,8912025

Highlighted filing

2023

Assets$152,345
Liabilities$7,320
Net Assets$145,025
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2012: $53,323Expenses 2012: $39,809Net Income 2012: $13,5142012Revenue 2013: $49,053Expenses 2013: $41,833Net Income 2013: $7,2202013Revenue 2014: $49,227Expenses 2014: $44,497Net Income 2014: $4,7302014Revenue 2015: $51,525Expenses 2015: $39,524Net Income 2015: $12,0012015Revenue 2016: $51,729Expenses 2016: $41,217Net Income 2016: $10,5122016Revenue 2018: $50,036Expenses 2018: $50,987Net Income 2018: -$9512018Revenue 2019: $51,766Expenses 2019: $53,217Net Income 2019: -$1,4512019Revenue 2020: $51,819Expenses 2020: $48,091Net Income 2020: $3,7282020Revenue 2021: $54,105Expenses 2021: $49,926Net Income 2021: $4,1792021Revenue 2022: $55,181Expenses 2022: $59,861Net Income 2022: -$4,6802022Revenue 2023: $60,201Expenses 2023: $59,525Net Income 2023: $6762023Revenue 2025: $70,882Expenses 2025: $56,780Net Income 2025: $14,1022025

Highlighted filing

2023

Revenue$60,201
Expenses$59,525
Net Income$676
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 17, 2024
Return Version
2023v5.0
Gross Receipts
$60,201
Mission and Program Overview

Mission

AFFORDABLE HOUSING

Program Services

DescriptionGrantsExpenses
AFFORDABLE HOUSING-$59,525
AFFORDABLE HOUSING--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROLLIE BOLLPresident-$0--
KEVIN CROWLEYVice Preside-$0--
SUE KIDROWSKISec/Treasure-$0--
JIM KIDROWSKIBoard Member-$0--
TERRY THOLEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Pennock Estates Inc
EIN
23-7098414
Phone
3205994498
Address
PO BOX 16, PENNOCK, MN 56279

Signing Officer

Name
Sue Kidrowski
Title
Sec/treasurer
Phone
3205994498
Signed
2024-04-17

Preparer

Firm
Westberg-eischens Pllp
Address
2630 1ST ST S, WILLMAR, MN 56201-4218
Preparer
Janell K Williams Ea
Phone
3202353727
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Rental income 39,015 laundry/vending income 920 total 39,935”

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 81 office 720 insurance 5,923 repairs & maintenance 9,754 snow removal 1,394 grounds 1,530 utilities 16,208 workman's comp 1,118 real estate taxes 3,598 miscellaneous expense 507 painting & decorating 1,400 non-investment depreciation 6,993 total 49,226”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,580 1,742 buildings & equipment 373,113 382,036 less accumulated depreciation 246,349 255,822 total 128,344 127,956”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 13,148 7,320”

Form 990-ez, Part III, Line 31

“AFFORDABLE HOUSING”

Raw XML Appendix122 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SUSAN KIDROWSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum03205994498
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 16
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PENNOCK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056279
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026753
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021989
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0676
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0767
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0157497
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0152345
IRS990EZ/GrossReceiptsAmt060201
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt038
IRS990EZ/LandAndBuildingsGrp/BOYAmt02400
IRS990EZ/LandAndBuildingsGrp/EOYAmt02400
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0144349
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0145025
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0144349
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0145025
IRS990EZ/OccupancyRentUtltsAndMaintAmt02482
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROLLIE BOLL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEVIN CROWLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUE KIDROWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM KIDROWSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TERRY THOLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREASURE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0128344
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0127956
IRS990EZ/OtherExpensesTotalAmt049226
IRS990EZ/OtherRevenueTotalAmt039935
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING
IRS990EZ/ProgramServiceRevenueAmt020228
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AFFORDABLE HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AFFORDABLE HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt059525
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07050
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013148
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07320
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059525
IRS990EZ/TotalProgramServiceExpensesAmt059525
IRS990EZ/TotalRevenueAmt060201
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENTAL INCOME 39,015 LAUNDRY/VENDING INCOME 920 TOTAL 39,935
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 81 OFFICE 720 INSURANCE 5,923 REPAIRS & MAINTENANCE 9,754 SNOW REMOVAL 1,394 GROUNDS 1,530 UTILITIES 16,208 WORKMAN'S COMP 1,118 REAL ESTATE TAXES 3,598 MISCELLANEOUS EXPENSE 507 PAINTING & DECORATING 1,400 NON-INVESTMENT DEPRECIATION 6,993 TOTAL 49,226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1,580 1,742 BUILDINGS & EQUIPMENT 373,113 382,036 LESS ACCUMULATED DEPRECIATION 246,349 255,822 TOTAL 128,344 127,956
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,148 7,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AFFORDABLE HOUSING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUE KIDROWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03205994498
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENNOCK ESTATES INC
ReturnHeader/Filer/BusinessNameControlTxt0PENN
ReturnHeader/Filer/EIN0237098414
ReturnHeader/Filer/PhoneNum03205994498
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 16
ReturnHeader/Filer/USAddress/CityNm0PENNOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056279
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411792388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESTBERG-EISCHENS PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02630 1ST ST S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLMAR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0562014218
ReturnHeader/PreparerPersonGrp/PhoneNum03202353727
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANELL K WILLIAMS EA
ReturnHeader/ReturnTs02024-05-14T13:04:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIDROWSKI
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$152,345
Liabilities
$7,320
Net assets
$145,025
Revenue
$60,201
Expenses
$59,525
Net income
$676
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.69$0.06$1.63$0.71$0.57$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.07$1.45$0.60$0.60$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.13$1.44$0.55$0.60$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.07$1.49$0.54$0.50$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.09$1.45$0.52$0.48$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.10$1.41$0.52$0.53$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.13$1.43$0.50$0.51$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.18$1.35$0.52$0.41$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.20$1.24$0.52$0.40$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.23$1.12$0.49$0.44$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.33$0.25$1.07$0.49$0.42$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.28$1.00$0.53$0.40$0.14