Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
67th percentile
Higher top officer pay than 67% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Assets
Down$918,506
Down $75,387 (-7.6%) from 2014
Net Assets
Down$188,973
Down $57,978 (-23%) from 2014
Liabilities
Down$729,533
Down $17,409 (-2.3%) from 2014
Revenue
Up$523,875
Up $10,773 (+2.1%) from 2014
Expenses
Up$581,853
Up $34,674 (+6.3%) from 2014
Net Income
Down-$57,978
Down $23,901 (-70%) from 2014
To provide low income housing to eligible persons in grand forks, nd
Provide low income housing to eligible persons in grand forks, nd.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $646,125 | $583,101 | ▼ $63,024 |
| Savings and Temporary Cash Investments | $265,911 | $243,174 | ▼ $22,737 |
| Cash and Non-Interest-Bearing Accounts | $60,069 | $47,404 | ▼ $12,665 |
| Accounts Receivable | $6,617 | $28,974 | ▲ $22,357 |
| Prepaid Expenses and Deferred Charges | $15,171 | $15,853 | ▲ $682 |
| Total Assets | $993,893 | $918,506 | ▼ $75,387 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $669,097 | $655,614 | ▼ $13,483 |
| Accounts Payable and Accrued Expenses | $73,458 | $69,262 | ▼ $4,196 |
| Deferred Revenue | $4,387 | $4,657 | ▲ $270 |
| Total Liabilities | $746,942 | $729,533 | ▼ $17,409 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $246,951 | $188,973 | ▼ $57,978 |
| Total Net Assets Fund Balance | $246,951 | $188,973 | ▼ $57,978 |
| Total Liabilities and Net Assets / Fund Balance | $993,893 | $918,506 | ▼ $75,387 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $410,302 | $1,563,442 | $1,973,744 |
| Equipment | $122,332 | $217,321 | $339,653 |
| Land | $50,467 | - | $50,467 |
| Name | Title |
|---|---|
| Jon Kotrba | President |
| Ron Bushy Jr | Vice President |
| Adele Laudal | Director |
| Derek Murph | Director |
| Elton Hendrickson | Director |
| Father Jim Shannon | Director |
| Nick Brown | Director |
| Patricia Phelps | Director |
| Richard Jackson | Director |
| Terry Hanson | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $581,853 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $149,812 | - | - | $149,812 |
| Depreciation Depletion | $63,023 | - | - | $63,023 |
| Fees for Services Management | $49,143 | - | - | $49,143 |
| Other Expenses | $35,555 | - | - | $35,555 |
| Insurance | $23,625 | - | - | $23,625 |
| All Other Expenses | $445 | $6,673 | - | $7,118 |
| Office Expenses | - | $4,597 | - | $4,597 |
| Fees for Services Accounting | - | $3,250 | - | $3,250 |
| Information Technology | $1,203 | - | - | $1,203 |
| Fees for Services Legal | $640 | - | - | $640 |
| Advertising | - | $296 | - | $296 |
| Travel | $43 | - | - | $43 |
| Total Functional Expenses | $567,037 | $14,816 | $0 | $581,853 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $581,853 |
| Expenses per Audited Statements | $581,849 |
| Total Expenses per Audited Statements | $581,849 |
| Expenses Not Reported on Financial Statements | $4 |
| Other Expense Adjustments | $4 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The project entered into an agreement with the housing authority of the city of grand forks, north dakota to act as its agent in the operation of the project's properties and to make all collections for it.”
“The organization is equally owned by its 8 separate members.”
“The grand forks homes board elects its 9th boardmember from a pool of residents.”
“The organization does not have commitee's with the right to act on the behalf of the governing body.”
“The 990 is reviewed at a board of directors meeting.”
“Board members are cognizant of the interest rules and upon discovery of potential conflicts, it is discussed amoung board members and staff.”
“The organization makes governing documents, the conflict of interest policy, and the financial statements available to the public upon request.”
“The project and its nonprofit corporate owner are exempt from income taxes on exempt purpose income under section 501(c)(3) of the internal revenue code. The federal tax returns of the organization for december 31, 2015, 2014, 2013, and 2012 are subject to examination by the internal revenue service. The organization's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the organization has no significant uncertain tax positions that would be subject to change upon examination.”
“ROUNDING 4.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 73458 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 69262 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 6617 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 28974 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 296 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 296 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6673 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 445 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 7118 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CONTINENTAL HOMES INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7017462545 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1405 1ST AVE N |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAND FORKS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 58201 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 60069 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 47404 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 278192 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 84 |
| IRS990/CYOtherExpensesAmt | 0 | 581853 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 245599 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -57978 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 581853 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 523875 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 4387 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 4657 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 63023 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 63023 |
| IRS990/Desc | 0 | CONTINENTAL HOMES, INC. PROVIDES LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 567037 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3250 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3250 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 640 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 640 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 49143 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 49143 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RICHARD JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RON BUSHY JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JON KOTRBA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ADELE LAUDAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ELTON HENDRICKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TERRY HANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | FATHER JIM SHANNON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | NICK BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PATRICIA PHELPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DEREK MURPH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 278192 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 523875 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1203 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1203 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 23625 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 23625 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 84 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 84 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1780763 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 646125 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 583101 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2363864 |
| IRS990/LegalDomicileStateCd | 0 | ND |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 669097 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 655614 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 246951 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 188973 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 149812 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 149812 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4597 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4597 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | RESIDENT COORDINATOR |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRACTS |
| IRS990/OtherExpensesGrp/Desc | 3 | BOOKKEEPING |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 157434 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 49758 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 36356 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 35555 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 157434 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 49758 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 36356 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 35555 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 15171 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 15853 |
| IRS990/PrincipalOfficerNm | 0 | JON KOTRBA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 245599 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 245599 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 280397 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 136 |
| IRS990/PYOtherExpensesAmt | 0 | 547179 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 232569 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -34077 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 547179 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 513102 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -57978 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 245599 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 265911 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 243174 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 410302 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1563442 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1973744 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 122332 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 217321 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 339653 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 4 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 581849 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 50467 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 4 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 523875 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROJECT AND ITS NONPROFIT CORPORATE OWNER ARE EXEMPT FROM INCOME TAXES ON EXEMPT PURPOSE INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEDERAL TAX RETURNS OF THE ORGANIZATION FOR DECEMBER 31, 2015, 2014, 2013, AND 2012 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | ROUNDING 4. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 581853 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 523875 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 581849 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PROJECT ENTERED INTO AN AGREEMENT WITH THE HOUSING AUTHORITY OF THE CITY OF GRAND FORKS, NORTH DAKOTA TO ACT AS ITS AGENT IN THE OPERATION OF THE PROJECT'S PROPERTIES AND TO MAKE ALL COLLECTIONS FOR IT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION IS EQUALLY OWNED BY ITS 8 SEPARATE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE GRAND FORKS HOMES BOARD ELECTS ITS 9TH BOARDMEMBER FROM A POOL OF RESIDENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION DOES NOT HAVE COMMITEE'S WITH THE RIGHT TO ACT ON THE BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE 990 IS REVIEWED AT A BOARD OF DIRECTORS MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BOARD MEMBERS ARE COGNIZANT OF THE INTEREST RULES AND UPON DISCOVERY OF POTENTIAL CONFLICTS, IT IS DISCUSSED AMOUNG BOARD MEMBERS AND STAFF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | ND |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TO PROVIDE LOW INCOME HOUSING TO ELIGIBLE PERSONS IN GRAND FORKS, ND. |
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| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | ND |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 918506 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 993893 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 918506 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 278192 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 14816 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 567037 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 581853 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 746942 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 729533 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 746942 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 729533 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 246951 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 188973 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 245599 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 245599 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 523875 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 918506 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 43 |
| IRS990/TravelGrp/TotalAmt | 0 | 43 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 246951 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 188973 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1405 1ST AVE N |
| IRS990/USAddress/CityNm | 0 | GRAND FORKS |
| IRS990/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/USAddress/ZIPCd | 0 | 58203 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JON KOTRBA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.