Civic Intelligence

Community Homes Inc

990 • Fiscal year 2014 • EIN 23-7101435

Sep 01, 2013 to Aug 31, 2014 • Filed on Jul 01, 2015

3255 43rd St SW58104

(701) 365-5000

Siviq Scores

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

Liabilities / Assets

98th percentile

1.72x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

6.53x

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

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Net Margin

12th percentile

-14%

Higher net margin than 12% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2014

Asset Growth

19th percentile

-3.5%

Faster asset growth than 19% of similar nonprofits.

2014 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$5,414,700

Down $196,895 (-3.5%) from 2013

Net Assets

Down

-$3,917,942

Down $202,099 (-5.4%) from 2013

Liabilities

Up

$9,332,642

Up $5,204 (+0.1%) from 2013

Revenue

$1,429,330

No earlier filing loaded for comparison.

Expenses

Up

$1,631,429

Up $64,686 (+4.1%) from 2013

Net Income

-$202,099

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $5,774,633Liabilities 2011: $9,542,361Net Assets 2011: -$3,767,7282011Assets 2012: $5,633,555Liabilities 2012: $9,267,174Net Assets 2012: -$3,633,6192012Assets 2013: $5,611,595Liabilities 2013: $9,327,438Net Assets 2013: -$3,715,8432013Assets 2014: $5,414,700Liabilities 2014: $9,332,642Net Assets 2014: -$3,917,9422014Assets 2015: $5,257,950Liabilities 2015: $9,315,985Net Assets 2015: -$4,058,0352015Assets 2016: $4,979,698Liabilities 2016: $9,216,691Net Assets 2016: -$4,236,9932016Assets 2017: $4,756,739Liabilities 2017: $9,379,998Net Assets 2017: -$4,623,2592017Assets 2018: $4,464,520Liabilities 2018: $9,439,962Net Assets 2018: -$4,975,4422018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2014

Assets$5,414,700
Liabilities$9,332,642
Net Assets-$3,917,942

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,622,4802011Expenses 2012: $1,451,5582012Expenses 2013: $1,566,7432013Revenue 2014: $1,429,330Expenses 2014: $1,631,429Net Income 2014: -$202,0992014Revenue 2015: $1,371,228Expenses 2015: $1,511,321Net Income 2015: -$140,0932015Revenue 2016: $1,452,480Expenses 2016: $1,631,438Net Income 2016: -$178,9582016Revenue 2017: $1,305,064Expenses 2017: $1,828,736Net Income 2017: -$523,6722017Revenue 2018: $1,352,936Expenses 2018: $1,718,014Net Income 2018: -$365,0782018Revenue 2019: $87,933Expenses 2019: $115,133Net Income 2019: -$27,2002019

Highlighted filing

2014

Revenue$1,429,330
Expenses$1,631,429
Net Income-$202,099
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jul 1, 2015
Return Version
2013v4.0
Gross Receipts
$1,429,330
Mission and Program Overview

Mission

To provide housing facilities and service for middle and low income residents of North Dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,598,533$4,467,423▼ $131,110
Accounts Receivable$44,600$78,716▲ $34,116
Savings and Temporary Cash Investments$592,543$48,192▼ $544,351
Prepaid Expenses and Deferred Charges$4,535$3,983▼ $552
Cash and Non-Interest-Bearing Accounts$136,262$295▼ $135,967
Total Assets$5,611,595$5,414,700▼ $196,895
Other Assets Total$235,122$816,091▲ $580,969
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,574,344$7,518,564▼ $55,780
Accounts Payable and Accrued Expenses$1,648,807$1,698,847▲ $50,040
Other Liabilities$102,863$54,912▼ $47,951
Escrow Account Liability-$46,378-
Deferred Revenue$1,424$13,941▲ $12,517
Total Liabilities$9,327,438$9,332,642▲ $5,204
Net Assets / Fund Balance
Unrestricted Net Assets$-3,715,843$-3,917,942▼ $202,099
Total Net Assets Fund Balance$-3,715,843$-3,917,942▼ $202,099
Total Liabilities and Net Assets / Fund Balance$5,611,595$5,414,700▼ $196,895

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,106,246$6,813,500$10,919,746
Equipment$144,472$431,765$576,237
Leasehold Improvements$87,304$168,124$255,428
Land$129,401-$129,401
Other Assets Org$762,016--
Compensation and Service Providers

Board Members and Trustees

NameTitle
George EconomonPresident
Rev Eric RennerVice President
Angie KisserDirector
Dick MaetzoldDirector
Msgr Joseph GoeringAlternate
Paul McNuttAlternate
Rev Kevin KlosterAlternate
Tim StoaAlternate
Diane JorgensonSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Five Star Services IncManagement Agent-$153,061
Revenue and Support

Revenue Composition

Contributions and Grants
$407,687
Program Service Revenue
$1,021,425
Investment Income
$218
Other Revenue
$0
Change in Net Assets
$-202,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,287,361
Salaries, Compensation, and Employee Benefits$344,068
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$416,903--$416,903
Other Salaries and Wages$300,338--$300,338
Depreciation Depletion$289,988--$289,988
Fees for Services Management-$128,083-$128,083
Interest$78,523--$78,523
Fees for Services Other$77,293--$77,293
Office Expenses$77,036--$77,036
Insurance$65,774--$65,774
Fees for Services Accounting-$29,702-$29,702
Payroll Taxes$23,214--$23,214
All Other Expenses$7,650$13,082-$20,732
Other Employee Benefits$20,516--$20,516
Conferences and Meetings$12,857--$12,857
Other Expenses$5,860$46,631-$5,860
Fees for Services Legal-$5,316-$5,316
Advertising$2,371--$2,371
Total Functional Expenses$1,408,615$222,814$0$1,631,429
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Special Assessments Payable$54,912
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The project entered into an agreement with Five Star Services, Inc. to act as its agent in the operation of the project's properties and to make all collections for it. During fiscal year ending August 2014 Community Homes, Inc. paid $128,083 in management fees.

Form 990, Part VI, Section A, line 6

The Organization is equally owned by its five separate members. Each member has equal voting rights.

Form 990, Part VI, Section A, line 7A

Each member is responsible for appointing a representative and an alternate to serve on the board of directors. Each member is entitled to only one vote in the event both the representative and alternate are in attendance.

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

The Organization does not have committees with the right to act on the behalf of the governing body.

Form 990, Part VI, Section B, line 11

Five Star Services, Inc. reviewed the Form 990. The governing board reviewed the 990 at a board meeting prior to the filing of the return.

Form 990, Part VI, Section B, line 15

The Organization does not compensate the Board of Directors or any officers. Five Star Service, Inc. manages and operates the Organization.

Form 990, Part VI, Section C, line 19

The organization makes the governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
23-7101435
Phone
7013655000

Signing Officer

Name
Eric Renner
Title
Vice President
Phone
7013655000
Signed
2015-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Economon
Formed
1977
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
13
Volunteers
9

Preparer

Preparer
Lisa Chaffee CPA
Phone
7012398500
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

Pursuant to management policy, the Project has set aside funds to repay tenant security deposits after lease termination in accordance with requirements established by the state.

Part X, Line 2:

The Organization is organized as a North Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(c)(4) of the Internal Revenue Code. The entity is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Organization is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The entity has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Raw XML AppendixShowing 400 of 409 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01648807
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01698847
IRS990/AccountsReceivableGrp/BOYAmt044600
IRS990/AccountsReceivableGrp/EOYAmt078716
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide housing facilities and service for middle and low income residents of North Dakota.
IRS990/AdvertisingGrp/ProgramServicesAmt02371
IRS990/AdvertisingGrp/TotalAmt02371
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013082
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07650
IRS990/AllOtherExpensesGrp/TotalAmt020732
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10Sarah Neisen
IRS990/BooksInCareOfDetail/PhoneNum07013655000
IRS990/BooksInCareOfDetail/USAddress/AddressLine103255 43rd Street SW
IRS990/BooksInCareOfDetail/USAddress/City0Fargo
IRS990/BooksInCareOfDetail/USAddress/State0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCode058104
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0136262
IRS990/CashNonInterestBearingGrp/EOYAmt0295
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt012857
IRS990/ConferencesMeetingsGrp/TotalAmt012857
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0153061
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine103255 43rd St SW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0Fargo
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0ND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode058104
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10Five Star Services Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Management Agent
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0407687
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0218
IRS990/CYOtherExpensesAmt01287361
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01021425
IRS990/CYRevenuesLessExpensesAmt0-202099
IRS990/CYSalariesCompEmpBnftPaidAmt0344068
IRS990/CYTotalExpensesAmt01631429
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01429330
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01424
IRS990/DeferredRevenueGrp/EOYAmt013941
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0289988
IRS990/DepreciationDepletionGrp/TotalAmt0289988
IRS990/Desc0Community Homes, Inc. is a non-profit corporation organized for the purpose of providing housing facilities and services for middle and low income residents of North Dakota. The corporation's offices and facilities are located in Fargo (Phase I and II) and Wahpeton, North Dakota. Phase I consists of 90 units, Phase II consists of 96 units, and Wahpeton consists of 96 units, all of which are multi-family housing projects. Substantially all of the project's income is derived from the rental of its apartment units. In connection therewith, the project has entered into housing assistance payments contracts with HUD on behalf of qualified tenants.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/EOYAmt046378
IRS990/ExpenseAmt01408615
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029702
IRS990/FeesForServicesAccountingGrp/TotalAmt029702
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05316
IRS990/FeesForServicesLegalGrp/TotalAmt05316
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0128083
IRS990/FeesForServicesManagementGrp/TotalAmt0128083
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt077293
IRS990/FeesForServicesOtherGrp/TotalAmt077293
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0George Economon
IRS990/Form990PartVIISectionAGrp/PersonNm1Rev Eric Renner
IRS990/Form990PartVIISectionAGrp/PersonNm2Diane Jorgenson
IRS990/Form990PartVIISectionAGrp/PersonNm3Dick Maetzold
IRS990/Form990PartVIISectionAGrp/PersonNm4Angie Kisser
IRS990/Form990PartVIISectionAGrp/PersonNm5Msgr Joseph Goering
IRS990/Form990PartVIISectionAGrp/PersonNm6Paul McNutt
IRS990/Form990PartVIISectionAGrp/PersonNm7Tim Stoa
IRS990/Form990PartVIISectionAGrp/PersonNm8Rev Kevin Kloster
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Alternate
IRS990/Form990PartVIISectionAGrp/TitleTxt6Alternate
IRS990/Form990PartVIISectionAGrp/TitleTxt7Alternate
IRS990/Form990PartVIISectionAGrp/TitleTxt8Alternate
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0407687
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01429330
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt065774
IRS990/InsuranceGrp/TotalAmt065774
IRS990/InterestGrp/ProgramServicesAmt078523
IRS990/InterestGrp/TotalAmt078523
IRS990/InvestmentIncomeGrp/ExclusionAmt0218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0218
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07413389
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04598533
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04467423
IRS990/LandBldgEquipCostOrOtherBssAmt011880812
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide housing facilities and service for middle and low income residents of North Dakota.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07574344
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07518564
IRS990/NetAssetsOrFundBalancesBOYAmt0-3715843
IRS990/NetAssetsOrFundBalancesEOYAmt0-3917942
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0416903
IRS990/OccupancyGrp/TotalAmt0416903
IRS990/OfficeExpensesGrp/ProgramServicesAmt077036
IRS990/OfficeExpensesGrp/TotalAmt077036
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0235122
IRS990/OtherAssetsTotalGrp/EOYAmt0816091
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020516
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020516
IRS990/OtherExpensesGrp/Desc0Refinance Expense
IRS990/OtherExpensesGrp/Desc1Bad Debt
IRS990/OtherExpensesGrp/Desc2Repairs and Maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt046631
IRS990/OtherExpensesGrp/ProgramServicesAmt030292
IRS990/OtherExpensesGrp/ProgramServicesAmt15860
IRS990/OtherExpensesGrp/TotalAmt046631
IRS990/OtherExpensesGrp/TotalAmt130292
IRS990/OtherExpensesGrp/TotalAmt25860
IRS990/OtherLiabilitiesGrp/BOYAmt0102863
IRS990/OtherLiabilitiesGrp/EOYAmt054912
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0300338
IRS990/OtherSalariesAndWagesGrp/TotalAmt0300338
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt023214
IRS990/PayrollTaxesGrp/TotalAmt023214
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04535
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03983
IRS990/PrincipalOfficerNm0George Economon
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Other Supporting Reven
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0825310
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1196115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0825310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1196115
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0586685
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0346
IRS990/PYOtherExpensesAmt01237273
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0973698
IRS990/PYRevenuesLessExpensesAmt0-6014
IRS990/PYSalariesCompEmpBnftPaidAmt0329470
IRS990/PYTotalExpensesAmt01566743
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01560729
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-202099
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01021425
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0592543
IRS990/SavingsAndTempCashInvstGrp/EOYAmt048192
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04106246
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06813500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010919746
IRS990ScheduleD/EquipmentGrp/BookValueAmt0144472
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0431765
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0576237
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0129401
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0129401
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt087304
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0168124
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0255428
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt054075
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1762016
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Restricted Deposits and Funded Reserves
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Special Assessments Payable
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Pursuant to management policy, the Project has set aside funds to repay tenant security deposits after lease termination in accordance with requirements established by the state.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization is organized as a North Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(c)(4) of the Internal Revenue Code. The entity is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Organization is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The entity has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entity would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04467423
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0816091
IRS990ScheduleD/TotalLiabilityAmt054912
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The project entered into an agreement with Five Star Services, Inc. to act as its agent in the operation of the project's properties and to make all collections for it. During fiscal year ending August 2014 Community Homes, Inc. paid $128,083 in management fees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization is equally owned by its five separate members. Each member has equal voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each member is responsible for appointing a representative and an alternate to serve on the board of directors. Each member is entitled to only one vote in the event both the representative and alternate are in attendance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization does not have committees with the right to act on the behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Five Star Services, Inc. reviewed the Form 990. The governing board reviewed the 990 at a board meeting prior to the filing of the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization does not compensate the Board of Directors or any officers. Five Star Service, Inc. manages and operates the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization makes the governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05611595
IRS990/TotalAssetsEOYAmt05414700
IRS990/TotalAssetsGrp/BOYAmt05611595
IRS990/TotalAssetsGrp/EOYAmt05414700
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0407687
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0222814
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01408615
IRS990/TotalFunctionalExpensesGrp/TotalAmt01631429
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09327438
IRS990/TotalLiabilitiesEOYAmt09332642
IRS990/TotalLiabilitiesGrp/BOYAmt09327438
IRS990/TotalLiabilitiesGrp/EOYAmt09332642
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3715843
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3917942
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01408615
IRS990/TotalProgramServiceRevenueAmt01021425
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0218
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01021425
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01429330
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05611595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05414700
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3715843
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-3917942
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103255 43rd St SW
IRS990/USAddress/City0Fargo
IRS990/USAddress/State0ND
IRS990/USAddress/ZIPCode058104
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.fivestarservices.biz
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Eric Renner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum07013655000
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10Community Homes Inc
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0237101435
ReturnHeader/Filer/PhoneNum07013655000
ReturnHeader/Filer/USAddress/AddressLine103255 43rd St SW
ReturnHeader/Filer/USAddress/City0Fargo
ReturnHeader/Filer/USAddress/State0ND
ReturnHeader/Filer/USAddress/ZIPCode058104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine104310 17TH AVE S PO BOX 2545
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0FARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0ND

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings