Civic Intelligence

Bloomfield Community Housing C/O Right Way Mgmt Services LLC

990 • Fiscal year 2023 • EIN 23-7231221

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 24, 2024

Organization ProfileN/A
C/O Rightway Management ServicesMechanicsville, IA 52306

(563) 432-6160

Siviq Scores

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

Liabilities / Assets

96th percentile

0.98x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

1.44x

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

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Asset Growth

15th percentile

-10.0%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$569,018

Down $62,962 (-10.0%) from 2022

Net Assets

Down

$9,792

Down $42,210 (-81%) from 2022

Liabilities

Down

$559,226

Down $20,752 (-3.6%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin20th percentile

Revenue

Up

$388,356

Up $55,646 (+17%) from 2022

Expenses

Up

$430,566

Up $62,247 (+17%) from 2022

Net Income

Down

-$42,210

Down $6,601 (-19%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$1.0M$500K$0Assets 2010: $631,406Liabilities 2010: $592,540Net Assets 2010: $38,8662010Assets 2011: $770,314Liabilities 2011: $697,759Net Assets 2011: $72,5552011Assets 2012: $788,452Liabilities 2012: $693,593Net Assets 2012: $94,8592012Assets 2013: $775,590Liabilities 2013: $689,081Net Assets 2013: $86,5092013Assets 2014: $778,112Liabilities 2014: $682,449Net Assets 2014: $95,6632014Assets 2015: $791,104Liabilities 2015: $676,005Net Assets 2015: $115,0992015Assets 2016: $819,140Liabilities 2016: $682,500Net Assets 2016: $136,6402016Assets 2017: $787,878Liabilities 2017: $657,014Net Assets 2017: $130,8642017Assets 2018: $762,028Liabilities 2018: $637,689Net Assets 2018: $124,3392018Assets 2019: $746,341Liabilities 2019: $624,851Net Assets 2019: $121,4902019Assets 2020: $721,662Liabilities 2020: $608,806Net Assets 2020: $112,8562020Assets 2021: $684,729Liabilities 2021: $597,118Net Assets 2021: $87,6112021Assets 2022: $631,980Liabilities 2022: $579,978Net Assets 2022: $52,0022022Assets 2023: $569,018Liabilities 2023: $559,226Net Assets 2023: $9,7922023

Highlighted filing

2023

Assets$569,018
Liabilities$559,226
Net Assets$9,792
Open 2023 Filing

Operations Trend

Revenue Growth64th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $274,2932010Expenses 2011: $253,3572011Expenses 2012: $296,5652012Revenue 2013: $297,313Expenses 2013: $305,663Net Income 2013: -$8,3502013Revenue 2014: $303,714Expenses 2014: $294,560Net Income 2014: $9,1542014Revenue 2015: $307,333Expenses 2015: $287,897Net Income 2015: $19,4362015Revenue 2016: $310,512Expenses 2016: $288,971Net Income 2016: $21,5412016Revenue 2017: $299,811Expenses 2017: $305,587Net Income 2017: -$5,7762017Revenue 2018: $292,765Expenses 2018: $299,290Net Income 2018: -$6,5252018Revenue 2019: $309,412Expenses 2019: $312,261Net Income 2019: -$2,8492019Revenue 2020: $320,576Expenses 2020: $329,210Net Income 2020: -$8,6342020Revenue 2021: $314,031Expenses 2021: $339,276Net Income 2021: -$25,2452021Revenue 2022: $332,710Expenses 2022: $368,319Net Income 2022: -$35,6092022Revenue 2023: $388,356Expenses 2023: $430,566Net Income 2023: -$42,2102023

Highlighted filing

2023

Revenue$388,356
Expenses$430,566
Net Income-$42,210
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 24, 2024
Return Version
2023v5.0
Gross Receipts
$388,356
Mission and Program Overview

Mission

Provide housing for low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$371,529$432,651▲ $61,122
Savings and Temporary Cash Investments$250,791$124,908▼ $125,883
Cash and Non-Interest-Bearing Accounts$8,623$8,873▲ $250
Prepaid Expenses and Deferred Charges$1,037$2,586▲ $1,549
Total Assets$631,980$569,018▼ $62,962
Liabilities
Mortgage Notes Payable Secured by Investment Property$536,394$516,518▼ $19,876
Accounts Payable and Accrued Expenses$24,516$22,174▼ $2,342
Other Liabilities$19,068$20,534▲ $1,466
Total Liabilities$579,978$559,226▼ $20,752
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,002$9,792▼ $42,210
Total Net Assets Fund Balance$52,002$9,792▼ $42,210
Total Liabilities and Net Assets / Fund Balance$631,980$569,018▼ $62,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$220,492$1,606,570$1,827,062
Equipment$178,044$411,150$589,194
Land$34,115-$34,115
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Tony SpargurPresident
Barbara ColeDirector
Greg BengeDirector
Maryjo JohnsonDirector
Phyllis K BrideSecretary
Don WaltonTreasurer
Mary Lynn StufflebeamVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$386,927
Investment Income
$1,429
Other Revenue
$0
Change in Net Assets
$-42,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,566
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
Occupancy$242,505--$242,505
Depreciation Depletion$67,242--$67,242
Fees for Services Management-$55,424-$55,424
Other Expenses-$25,029-$25,029
Interest$24,513--$24,513
Insurance$14,454--$14,454
Fees for Services Accounting-$1,189-$1,189
Advertising-$210-$210
Total Functional Expenses$348,714$81,852$0$430,566
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
Tenant Security Deposits$20,534
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management duties have been contracted to rightway management services, llc of mechanicsville, iowa. Rightway's compensation is based on occupied units per month that are approved by usda rural development. Duties include accounting, accepting and approving tenant applications and other responsibilities included in an approved agreement with usda rural development.”

Form 990, Page 6, Part VI, Line 11B

“A copy of the form 990 is provided to the management company and the president for review prior to submission to the irs.”

Form 990, Page 6, Part VI, Line 12C

“The organization's housing project is regulated by usda rural development. Usda rural development requires that every 3 years conflict of interest forms are completed by the organization.”

Form 990, Page 6, Part VI, Line 19

“The organizations governing documents, policies, and financial statements are available at the management companies address listed on the form 990.”

Filing and Contact Details

Filer

Filer Name
Bloomfield Community Housing
EIN
23-7231221
Phone
5634326160
Address
C/O RIGHTWAY MANAGEMENT SERVICES, MECHANICSVILLE, IA 52306

Signing Officer

Name
Tony Spargur
Title
President
Phone
5634326160
Signed
2024-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Spargur
Formed
1974
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Forge Financial & Management Consulting
Address
1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
Preparer
Ross Vanlaar CPA
Phone
5156203050
Raw XML Appendix327 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024516
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022174
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0210
IRS990/AdvertisingGrp/TotalAmt0210
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RIGHT WAY MANAGEMENT SERVICES
IRS990/BooksInCareOfDetail/PhoneNum05634326160
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0205 E FIRST ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MECHANICSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052306
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt08623
IRS990/CashNonInterestBearingGrp/EOYAmt08873
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01429
IRS990/CYOtherExpensesAmt0430566
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0386927
IRS990/CYRevenuesLessExpensesAmt0-42210
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0430566
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0388356
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt067242
IRS990/DepreciationDepletionGrp/TotalAmt067242
IRS990/Desc0PROVIDED AFFORDABLE HOUSING FOR A 56 UNIT LOW INCOME ELDERLY PROJECT. PROJECT ACHIEVED 94% OCCUPANCY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0348714
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01189
IRS990/FeesForServicesAccountingGrp/TotalAmt01189
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt055424
IRS990/FeesForServicesManagementGrp/TotalAmt055424
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0TONY SPARGUR
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY LYNN STUFFLEBEAM
IRS990/Form990PartVIISectionAGrp/PersonNm2PHYLLIS K BRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm3DON WALTON
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG BENGE
IRS990/Form990PartVIISectionAGrp/PersonNm5MARYJO JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6BARBARA COLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0388356
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014454
IRS990/InsuranceGrp/TotalAmt014454
IRS990/InterestGrp/ProgramServicesAmt024513
IRS990/InterestGrp/TotalAmt024513
IRS990/InvestmentIncomeGrp/ExclusionAmt01429
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01429
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02017720
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0371529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0432651
IRS990/LandBldgEquipCostOrOtherBssAmt02450371
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0536394
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0516518
IRS990/NetAssetsOrFundBalancesBOYAmt052002
IRS990/NetAssetsOrFundBalancesEOYAmt09792
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt052002
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09792
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0242505
IRS990/OccupancyGrp/TotalAmt0242505
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER ADMINISTRATIVE EXP.
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025029
IRS990/OtherExpensesGrp/TotalAmt025029
IRS990/OtherLiabilitiesGrp/BOYAmt019068
IRS990/OtherLiabilitiesGrp/EOYAmt020534
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01037
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02586
IRS990/PrincipalOfficerNm0TONY SPARGUR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RHS R/A RECEIVED
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INTEREST SUBSIDY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt06455
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230433
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1110820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222192
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314921
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1110820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314921
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46455
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0937
IRS990/PYOtherExpensesAmt0368319
IRS990/PYProgramServiceRevenueAmt0331773
IRS990/PYRevenuesLessExpensesAmt0-35609
IRS990/PYTotalExpensesAmt0368319
IRS990/PYTotalRevenueAmt0332710
IRS990/ReconcilationRevenueExpnssAmt0-42210
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0386927
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0250791
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0124908
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0220492
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01606570
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01827062
IRS990ScheduleD/EquipmentGrp/BookValueAmt0178044
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0589194
IRS990ScheduleD/LandGrp/BookValueAmt034115
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0432651
IRS990ScheduleD/TotalLiabilityAmt020534
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES HAVE BEEN CONTRACTED TO RIGHTWAY MANAGEMENT SERVICES, LLC OF MECHANICSVILLE, IOWA. RIGHTWAY'S COMPENSATION IS BASED ON OCCUPIED UNITS PER MONTH THAT ARE APPROVED BY USDA RURAL DEVELOPMENT. DUTIES INCLUDE ACCOUNTING, ACCEPTING AND APPROVING TENANT APPLICATIONS AND OTHER RESPONSIBILITIES INCLUDED IN AN APPROVED AGREEMENT WITH USDA RURAL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE MANAGEMENT COMPANY AND THE PRESIDENT FOR REVIEW PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S HOUSING PROJECT IS REGULATED BY USDA RURAL DEVELOPMENT. USDA RURAL DEVELOPMENT REQUIRES THAT EVERY 3 YEARS CONFLICT OF INTEREST FORMS ARE COMPLETED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE MANAGEMENT COMPANIES ADDRESS LISTED ON THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0631980
IRS990/TotalAssetsEOYAmt0569018
IRS990/TotalAssetsGrp/BOYAmt0631980
IRS990/TotalAssetsGrp/EOYAmt0569018
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081852
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348714
IRS990/TotalFunctionalExpensesGrp/TotalAmt0430566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0579978
IRS990/TotalLiabilitiesEOYAmt0559226
IRS990/TotalLiabilitiesGrp/BOYAmt0579978
IRS990/TotalLiabilitiesGrp/EOYAmt0559226
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt052002
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09792
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt02106
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02106
IRS990/TotalProgramServiceExpensesAmt0348714
IRS990/TotalProgramServiceRevenueAmt0386927
IRS990/TotalRevenueGrp/ExclusionAmt07884
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0380472
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0388356
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0631980
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0569018
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0408 W LOCUST
IRS990/USAddress/CityNm0BLOOMFIELD
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052537
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY SPARGUR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05634326160
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOOMFIELD COMMUNITY HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O RIGHT WAY MGMT SERVICES LLC
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0237231221
ReturnHeader/Filer/PhoneNum05634326160
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O RIGHTWAY MANAGEMENT SERVICES
ReturnHeader/Filer/USAddress/CityNm0MECHANICSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052306
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882802798
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORGE FINANCIAL & MANAGEMENT CONSULTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01245 JORDAN CREEK PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502662343
ReturnHeader/PreparerPersonGrp/PhoneNum05156203050
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROSS VANLAAR CPA
ReturnHeader/ReturnTs02024-07-25T10:46:28-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TONY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPARGUR
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$569,018
Liabilities
$559,226
Net assets
$9,792
Revenue
$388,356
Expenses
$430,566
Net income
-$42,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.69$5.59$0.10$3.88$4.31$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.32$5.80$0.52$3.33$3.68$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$5.97$0.88$3.14$3.39$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.22$6.09$1.13$3.21$3.29$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.46$6.25$1.21$3.09$3.12$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$6.38$1.24$2.93$2.99$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$6.57$1.31$3.00$3.06$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.19$6.83$1.37$3.11$2.89$0.22
2015Detailed filing. Detailed filing data is available for this year.$7.91$6.76$1.15$3.07$2.88$0.19
2014Detailed filing. Detailed filing data is available for this year.$7.78$6.82$0.96$3.04$2.95$0.09
2013Detailed filing. Detailed filing data is available for this year.$7.76$6.89$0.87$2.97$3.06$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$6.94$0.95$2.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$6.98$0.73$2.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$5.93$0.39$2.74