Civic Intelligence

Monona Housing Inc

EIN 23-7171250 • 501(c)4 • Volga, IA

Profile

Low income, elderly, & disabled housing

PO Box 46Volga, IA 52077

n/A

Siviq Scores

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

Liabilities / Assets

87th percentile

0.31x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

1.07x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

55th percentile

4.0%

Higher net margin than 55% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

49th percentile

-1.3%

Faster asset growth than 49% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

6.3%

Faster revenue growth than 62% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$349,684

Down $7,062 (-2.0%) from 2023

Liabilities

Down

$66,554

Down $24,998 (-27%) from 2023

Net Assets

Up

$283,130

Up $17,936 (+6.8%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin55th percentile

Revenue

Up

$133,747

Up $22,244 (+20%) from 2023

Expenses

Up

$115,811

Up $15,775 (+16%) from 2023

Net Income

Up

$17,936

Up $6,469 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$400K$300K$200K$100K$0Assets 2017: $317,764Liabilities 2017: $164,935Net Assets 2017: $152,8292017Assets 2018: $327,562Liabilities 2018: $152,971Net Assets 2018: $174,5912018Assets 2019: $340,059Liabilities 2019: $142,708Net Assets 2019: $197,3512019Assets 2020: $366,425Liabilities 2020: $137,657Net Assets 2020: $228,7682020Assets 2021: $372,151Liabilities 2021: $122,684Net Assets 2021: $249,4672021Assets 2022: $367,484Liabilities 2022: $113,757Net Assets 2022: $253,7272022Assets 2023: $356,746Liabilities 2023: $91,552Net Assets 2023: $265,1942023Assets 2024: $349,684Liabilities 2024: $66,554Net Assets 2024: $283,1302024

Highlighted filing

2024

Assets$349,684
Liabilities$66,554
Net Assets$283,130
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$150K$100K$50K$0Revenue 2017: $84,078Expenses 2017: $81,159Net Income 2017: $2,9192017Revenue 2018: $94,740Expenses 2018: $72,979Net Income 2018: $21,7612018Revenue 2019: $99,705Expenses 2019: $76,944Net Income 2019: $22,7612019Revenue 2020: $105,961Expenses 2020: $74,543Net Income 2020: $31,4182020Revenue 2021: $99,661Expenses 2021: $78,962Net Income 2021: $20,6992021Revenue 2022: $105,918Expenses 2022: $101,658Net Income 2022: $4,2602022Revenue 2023: $111,503Expenses 2023: $100,036Net Income 2023: $11,4672023Revenue 2024: $133,747Expenses 2024: $115,811Net Income 2024: $17,9362024

Highlighted filing

2024

Revenue$133,747
Expenses$115,811
Net Income$17,936
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$349,684
Liabilities
$66,554
Net assets
$283,130
Revenue
$133,747
Expenses
$115,811
Net income
$17,936
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.50$0.67$2.83$1.34$1.16$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.57$0.92$2.65$1.12$1.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.67$1.14$2.54$1.06$1.02$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.72$1.23$2.49$1.00$0.79$0.21
2020Detailed filing. Detailed filing data is available for this year.$3.66$1.38$2.29$1.06$0.75$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.40$1.43$1.97$1.00$0.77$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.28$1.53$1.75$0.95$0.73$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.18$1.65$1.53$0.84$0.81$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 4, 2025
Return Version
2024v5.0
Gross Receipts
$133,747
Mission and Program Overview

Mission

Low income, elderly, & disabled housing

Program Services

DescriptionGrantsExpenses
THIS ORGANIZATION PROVIDES LOW INCOME, ELDERLY, AND DISABLED HOUSING UNITS AND RENTS THEM TO LOW INCOME, ELDERLY, AND DISABLED PEOPLE.-$75,180
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WAYNE R GARMSPresident-$0--
CURTIS FISKVice Preside-$0--
TOM NEUHAUSSecretary-$0--
STEVE HANSONDirector-$0--
SHIRLEY STITZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Monona Housing Inc
EIN
23-7171250
Phone
5639334973
Address
PO BOX 46, VOLGA, IA 52077

Signing Officer

Name
Wayne R Garms
Title
President
Phone
5639334973
Signed
2025-04-04
Discuss with paid preparer
Yes

Preparer

Firm
Gosling & Company Pc
Address
217 N FRANKLIN ST, MANCHESTER, IA 52057-1538
Preparer
Ann O Manson
Phone
5639274810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Laundry income 2,296 total 2,296”

Form 990-ez, Part I, Line 16

“Expenses advertising 47 bank charges 155 depreciation 19,987 management fees 15,368 supplies 987 total 36,544”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 2,544 3,186 mortgages and other notes payable 71,314 54,273 forgiveable loan 10,000 0 other liabilities 7,694 9,095”

Raw XML Appendix114 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0MEYERS PROPERTY MANAGEMENT INC
IRS990EZ/BooksInCareOfDetail/PhoneNum05639334973
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 46
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VOLGA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052077
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0131913
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0114015
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017936
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02325
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0356746
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0349684
IRS990EZ/GrossReceiptsAmt0133747
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0492
IRS990EZ/LandAndBuildingsGrp/BOYAmt0224833
IRS990EZ/LandAndBuildingsGrp/EOYAmt0235669
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0265194
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0283130
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0265194
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0283130
IRS990EZ/OccupancyRentUtltsAndMaintAmt068602
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WAYNE R GARMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CURTIS FISK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TOM NEUHAUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEVE HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHIRLEY STITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt036544
IRS990EZ/OtherRevenueTotalAmt02296
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LOW INCOME, ELDERLY, & DISABLED HOUSING
IRS990EZ/ProgramServiceRevenueAmt0120959
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS ORGANIZATION PROVIDES LOW INCOME, ELDERLY, AND DISABLED HOUSING UNITS AND RENTS THEM TO LOW INCOME, ELDERLY, AND DISABLED PEOPLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075180
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08340
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt091552
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt066554
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115811
IRS990EZ/TotalProgramServiceExpensesAmt075180
IRS990EZ/TotalRevenueAmt0133747
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY INCOME 2,296 TOTAL 2,296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 47 BANK CHARGES 155 DEPRECIATION 19,987 MANAGEMENT FEES 15,368 SUPPLIES 987 TOTAL 36,544
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,544 3,186 MORTGAGES AND OTHER NOTES PAYABLE 71,314 54,273 FORGIVEABLE LOAN 10,000 0 OTHER LIABILITIES 7,694 9,095
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 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE R GARMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05639334973
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONONA HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0MONO
ReturnHeader/Filer/EIN0237171250
ReturnHeader/Filer/PhoneNum05639334973
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 46
ReturnHeader/Filer/USAddress/CityNm0VOLGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052077
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421277818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOSLING & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217 N FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0520571538
ReturnHeader/PreparerPersonGrp/PhoneNum05639274810
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN O MANSON
ReturnHeader/ReturnTs02025-05-09T11:21:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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