Civic Intelligence

Glidden Housing Corporation

EIN 23-7124657 • 501(c)4 • Glidden, IA

Profile

Renting apartments to qualified persons

PO Box 18Glidden, IA 51443

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 2023

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

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

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 2023

Asset Growth

96th percentile

123%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

98th percentile

296%

Faster revenue growth than 98% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$281,589

Up $155,300 (+123%) from 2022

Liabilities

Down

$0

Down $25,657 (-100%) from 2022

Net Assets

Up

$281,589

Up $180,957 (+180%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin98th percentile

Revenue

Up

$199,344

Up $149,017 (+296%) from 2022

Expenses

Down

$22,016

Down $25,814 (-54%) from 2022

Net Income

Up

$177,328

Up $174,831 (+7002%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$300K$200K$100K$0Assets 2019: $132,789Liabilities 2019: $41,359Net Assets 2019: $91,4302019Assets 2020: $134,566Liabilities 2020: $35,533Net Assets 2020: $99,0332020Assets 2021: $128,739Liabilities 2021: $30,604Net Assets 2021: $98,1352021Assets 2022: $126,289Liabilities 2022: $25,657Net Assets 2022: $100,6322022Assets 2023: $281,589Liabilities 2023: $0Net Assets 2023: $281,5892023

Highlighted filing

2023

Assets$281,589
Liabilities$0
Net Assets$281,589
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$200K$100K$0-$100KRevenue 2019: $61,322Expenses 2019: $54,778Net Income 2019: $6,5442019Revenue 2020: $60,124Expenses 2020: $52,521Net Income 2020: $7,6032020Revenue 2021: $55,389Expenses 2021: $56,287Net Income 2021: -$8982021Revenue 2022: $50,327Expenses 2022: $47,830Net Income 2022: $2,4972022Revenue 2023: $199,344Expenses 2023: $22,016Net Income 2023: $177,3282023

Highlighted filing

2023

Revenue$199,344
Expenses$22,016
Net Income$177,328
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$281,589
Liabilities
$0
Net assets
$281,589
Revenue
$199,344
Expenses
$22,016
Net income
$177,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$1.99$0.22$1.77
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.26$1.01$0.50$0.48$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.31$0.98$0.55$0.56$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.36$0.99$0.60$0.53$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.41$0.91$0.61$0.55$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 10, 2024
Return Version
2023v6.0
Gross Receipts
$324,421
Mission and Program Overview

Mission

Creating, preserving, and providing quality affordable housing for members of the community, eliminating insecurities and empowering residents by guiding, couseling, and educating individuals and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,770$281,589▲ $265,819
Land, Buildings, and Equipment, Net$106,493$0▼ $106,493
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$126,289$281,589▲ $155,300
Other Assets Total$4,026$0▼ $4,026
Liabilities
Other Liabilities$25,657--
Total Liabilities$25,657$0▼ $25,657
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,632$281,589▲ $180,957
Total Net Assets Fund Balance$100,632$281,589▲ $180,957
Total Liabilities and Net Assets / Fund Balance$126,289$281,589▲ $155,300
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Verlin BreonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,915
Investment Income
$175,355
Other Revenue
$1,074
Change in Net Assets
$177,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,016
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
All Other Expenses$2,599--$2,599
Other Expenses$2,550--$2,550
Depreciation Depletion$2,203--$2,203
Total Functional Expenses$22,016$0$0$22,016
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Glidden Housing Corporation
EIN
23-7124657
Address
PO BOX 18, GLIDDEN, IA 51443

Signing Officer

Name
Verlin Breon
Title
President
Signed
2024-02-10
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Feldmann & Company CPAs PC
Address
523 N Main St, Carroll, IA 51401
Preparer
Jennifer Reicks
Phone
7127922464
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“BOOKKEEPING: Column (A) - Total = $201; Column (B) - Program Services = $201; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“MAINTENANCE/REPAIRS: Column (A) - Total = $2398; Column (B) - Program Services = $2398; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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ReturnHeader/ReturnTs02026-01-28T08:59:19-08:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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