Civic Intelligence

Clare Gardens Inc.

990 • Fiscal year 2020 • EIN 23-7200039

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 18, 2021

1600 Broadway Suite 2000Denver, CO 80202-5704

(303) 830-3300

Siviq Scores

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

Liabilities / Assets

98th percentile

1.85x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.74x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

32nd percentile

-2.4%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$379,842

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-6.8%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,977,332

Down $525,578 (-12%) from 2019

Net Assets

Down

-$3,372,031

Down $722,537 (-27%) from 2019

Liabilities

Up

$7,349,363

Up $196,959 (+2.8%) from 2019

Revenue

Down

$1,965,678

Down $142,657 (-6.8%) from 2019

Expenses

Up

$2,013,088

Up $174,227 (+9.5%) from 2019

Net Income

Down

-$47,410

Down $316,884 (-118%) from 2019

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 2010: $3,600,144Liabilities 2010: $2,945,466Net Assets 2010: $654,6782010Assets 2011: $3,720,405Liabilities 2011: $2,918,650Net Assets 2011: $801,7552011Assets 2012: $3,701,876Liabilities 2012: $2,918,817Net Assets 2012: $783,0592012Assets 2013: $3,867,310Liabilities 2013: $2,888,563Net Assets 2013: $978,7472013Assets 2014: $4,494,762Liabilities 2014: $7,995,838Net Assets 2014: -$3,501,0762014Assets 2015: $4,155,803Liabilities 2015: $7,783,947Net Assets 2015: -$3,628,1442015Assets 2016: $4,216,920Liabilities 2016: $7,683,778Net Assets 2016: -$3,466,8582016Assets 2017: $5,187,864Liabilities 2017: $7,893,805Net Assets 2017: -$2,705,9412017Assets 2018: $4,582,502Liabilities 2018: $7,306,970Net Assets 2018: -$2,724,4682018Assets 2019: $4,502,910Liabilities 2019: $7,152,404Net Assets 2019: -$2,649,4942019Assets 2020: $3,977,332Liabilities 2020: $7,349,363Net Assets 2020: -$3,372,0312020Assets 2021: $1,286,934Liabilities 2021: $562,331Net Assets 2021: $724,6032021Assets 2022: $167,400Liabilities 2022: $0Net Assets 2022: $167,4002022Assets 2023: $165,548Liabilities 2023: $0Net Assets 2023: $165,5482023Assets 2024: $165,548Liabilities 2024: $0Net Assets 2024: $165,5482024

Highlighted filing

2020

Assets$3,977,332
Liabilities$7,349,363
Net Assets-$3,372,031

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,668,6842010Expenses 2011: $1,649,6752011Expenses 2012: $1,839,0192012Expenses 2013: $1,680,7512013Revenue 2014: $1,918,660Expenses 2014: $6,398,483Net Income 2014: -$4,479,8232014Revenue 2015: $1,978,816Expenses 2015: $2,105,884Net Income 2015: -$127,0682015Revenue 2016: $2,259,522Expenses 2016: $2,098,236Net Income 2016: $161,2862016Revenue 2017: $2,648,181Expenses 2017: $1,730,126Net Income 2017: $918,0552017Revenue 2018: $2,072,931Expenses 2018: $2,091,458Net Income 2018: -$18,5272018Revenue 2019: $2,108,335Expenses 2019: $1,838,861Net Income 2019: $269,4742019Revenue 2020: $1,965,678Expenses 2020: $2,013,088Net Income 2020: -$47,4102020Revenue 2021: $134,121Expenses 2021: $6,502Net Income 2021: $127,6192021Revenue 2022: -$554,417Expenses 2022: $2,786Net Income 2022: -$557,2032022Revenue 2023: -$1,852Expenses 2023: $0Net Income 2023: -$1,8522023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2020

Revenue$1,965,678
Expenses$2,013,088
Net Income-$47,410
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 18, 2021
Return Version
2020v4.1
Gross Receipts
$1,965,678
Mission and Program Overview

Mission

Clare gardens, inc., a wholly owned subsidiary of franciscan ministries, inc., was formed on september 1, 1972 in accordance with the not-for-profit statutes of the state of colorado for the purpose of providing housing for low - and moderate-income persons in denver, colorado, with the assistance of a mortgage insured by the u.s. Department of housing and urban development pursuant to section 221 of the national housing act.

Own and operate a 128-unit community located in westminster, co to provide housing and related services for low- and moderate-income persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,027,626$2,774,702▼ $252,924
Cash and Non-Interest-Bearing Accounts$823,663$557,407▼ $266,256
Accounts Receivable$84,009$32,050▼ $51,959
Prepaid Expenses and Deferred Charges$19,562$30,208▲ $10,646
Total Assets$4,502,910$3,977,332▼ $525,578
Other Assets Total$548,050$582,965▲ $34,915
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,962,185$6,909,833▼ $52,352
Accounts Payable and Accrued Expenses$139,239$372,860▲ $233,621
Other Liabilities$26,130$51,982▲ $25,852
Deferred Revenue$24,850$14,688▼ $10,162
Total Liabilities$7,152,404$7,349,363▲ $196,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,649,494$-3,372,031▼ $722,537
Total Net Assets Fund Balance$-2,649,494$-3,372,031▼ $722,537
Total Liabilities and Net Assets / Fund Balance$4,502,910$3,977,332▼ $525,578

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,264,461$3,408,534$5,672,995
Equipment$198,222$1,185,767$1,383,989
Leasehold Improvements$146,471$624,634$771,105
Land$165,548-$165,548
Other Assets Org$4,353--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kassidi BoeningVice President/director$141,778$141,778

Board Members and Trustees

NameTitle
Melissa ClaytonPresident/director
Bruce SaabVice President/director
Ron JacksonDirector
Joe RosenblumSecretary/director
Steve SpearsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,640,121
Program Service Revenue
$325,295
Investment Income
$262
Other Revenue
$0
Change in Net Assets
$-47,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,965,678
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,965,678
Total Revenue per Form 990
$1,965,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,728,724
Salaries, Compensation, and Employee Benefits$284,364
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$610,700--$610,700
Depreciation Depletion$259,136--$259,136
Other Salaries and Wages$221,071--$221,071
Fees for Services Management$86,408--$86,408
Other Employee Benefits$44,206--$44,206
Fees for Services Accounting-$26,134-$26,134
Payroll Taxes$16,388--$16,388
Other Expenses$15,752--$15,752
Office Expenses$11,085--$11,085
All Other Expenses$10,023--$10,023
Information Technology$4,423--$4,423
Pension Plan Contributions$2,699--$2,699
Travel$2,235--$2,235
Insurance$1,827--$1,827
Conferences and Meetings$1,692--$1,692
Fees for Services Legal$1,564--$1,564
Advertising$45--$45
Fees for Services Other$10--$10
Total Functional Expenses$1,986,954$26,134$0$2,013,088

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,013,088
Total Expenses per Audited Statements$2,013,088
Total Expenses per Form 990$2,013,088
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$26,801
Tenant Deposits Held in Trust$25,181
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Clare gardens, inc. Is a nonstock, nonprofit corporation with mercy housing wheaton nfp as the sole member.

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

The board of trustees of mercy housing, inc. Has authority over clare gardens in various aspects of operations and management. The reserved rights held by the mercy housing board of trustees, which may be further delegated to the president and ceo of mercy housing, inc., include approval of the following activities: revisions to articles and bylaws; mergers and acquisitions; establishment of new entities; pledging, mortgaging or disposing of all or substantially all assets; obligations of new operating and mortgage debt; and appointment or removal of governing board members and officers.

Form 990, Part VI, Section A, Line 7B

SAME AS LINE 7A

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

Each member is given the opportunity to review the return before it is filed.

Form 990, Part VI, Section B, Line 12C

The audit committee of mercy housing, inc. Reviews periodically the conflict of interest disclosures and determines whether any action is required.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Clare Gardens Inc
EIN
23-7200039
Phone
3038303300
Address
1600 BROADWAY SUITE 2000, DENVER, CO 80202-5704

Signing Officer

Name
Steve Spears
Title
Treasurer
Phone
3038303300
Signed
2021-08-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Clayton
Formed
1972
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
400 CAPITOL MALL SUITE 1200, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Surplus distribution -675,127.

FORM 990, PART XII, LINE 2C:

Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the mercy housing, inc. Board of trustees.

Financial Statement Notes

PART X, LINE 2:

The corporation has elected tax exempt status under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2020. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the internal revenue service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2017 remain open.

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IRS990/OtherExpensesGrp/TotalAmt0281701
IRS990/OtherExpensesGrp/TotalAmt1249343
IRS990/OtherExpensesGrp/TotalAmt2166646
IRS990/OtherExpensesGrp/TotalAmt315752
IRS990/OtherLiabilitiesGrp/BOYAmt026130
IRS990/OtherLiabilitiesGrp/EOYAmt051982
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0221071
IRS990/OtherSalariesAndWagesGrp/TotalAmt0221071
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt016388
IRS990/PayrollTaxesGrp/TotalAmt016388
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02699
IRS990/PensionPlanContributionsGrp/TotalAmt02699
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019562
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030208
IRS990/PrincipalOfficerNm0MELISSA CLAYTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0322898
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0322898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12397
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0105
IRS990/PYOtherExpensesAmt01781508
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02108230
IRS990/PYRevenuesLessExpensesAmt0269474
IRS990/PYSalariesCompEmpBnftPaidAmt057353
IRS990/PYTotalExpensesAmt01838861
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02108335
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-47410
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0325295
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01640121
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01640121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0262
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0325295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02108230
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02072864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02062552
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01027601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07596542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0262
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0482
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99790
IRS990ScheduleA/PublicSupportTotal509Amt09236663
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01965416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02108230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02072864
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02062552
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01027601
IRS990ScheduleA/Total509Grp/TotalAmt09236663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01965678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02108335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02072931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02062587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01027614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09237145
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/BuildingsGrp/BookValueAmt02264461
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03408534
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05672995
IRS990ScheduleD/EquipmentGrp/BookValueAmt0198222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01185767
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01383989
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02013088
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0165548
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0165548
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0146471
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0624634
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0771105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1511041
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26192
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt332261
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt44353
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DUE FROM AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025181
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01965678
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2020. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2017 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02774702
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0582965
IRS990ScheduleD/TotalExpensesPerForm990Amt02013088
IRS990ScheduleD/TotalLiabilityAmt051982
IRS990ScheduleD/TotalRevenuePerForm990Amt01965678
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01965678
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02013088
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt11390
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt21408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt35227
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt412112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0145129
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1164506
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2219301
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3207676
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4332682
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17271

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.55$0.00$0.56
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.56$0.72$0.13$0.01$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.98$7.35$3.37$1.97$2.01$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.50$7.15$2.65$2.11$1.84$0.27
2018Detailed filing. Detailed filing data is available for this year.$4.58$7.31$2.72$2.07$2.09$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.19$7.89$2.71$2.65$1.73$0.92
2016Detailed filing. Detailed filing data is available for this year.$4.22$7.68$3.47$2.26$2.10$0.16
2015Detailed filing. Detailed filing data is available for this year.$4.16$7.78$3.63$1.98$2.11$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.49$8.00$3.50$1.92$6.40$4.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$2.89$0.98$1.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$2.92$0.78$1.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$2.92$0.80$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$2.95$0.65$1.67