Civic Intelligence

Ponderosa Apartments Inc

EIN 23-7232223 • 501(c)3 • Spearfish, SD

Profile

To provide housing and related facilities for the elderly and disabled persons of the area. Based upon their respective incomes, rural development provides rental assistance for the low and very low income persons for most buildings

430 Oriole DriveSpearfish, SD 57783

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.15x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

6.16x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

14th percentile

-14%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

18th percentile

-4.8%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

3.9%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$16,244,123

Down $818,646 (-4.8%) from 2023

Liabilities

Down

$18,720,564

Down $388,056 (-2.0%) from 2023

Net Assets

Down

-$2,476,441

Down $430,590 (-21%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin14th percentile

Revenue

Up

$3,037,164

Up $114,688 (+3.9%) from 2023

Expenses

Down

$3,467,754

Down $401,657 (-10%) from 2023

Net Income

Up

-$430,590

Up $516,345 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$20M$10M$0-$10MAssets 2013: $8,151,153Liabilities 2013: $8,765,642Net Assets 2013: -$614,4892013Assets 2014: $8,071,996Liabilities 2014: $8,405,598Net Assets 2014: -$333,6022014Assets 2015: $8,155,363Liabilities 2015: $8,318,053Net Assets 2015: -$162,6902015Assets 2019: $15,570,990Liabilities 2019: $15,993,312Net Assets 2019: -$422,3222019Assets 2020: $17,001,300Liabilities 2020: $17,595,900Net Assets 2020: -$594,6002020Assets 2021: $17,401,762Liabilities 2021: $18,135,628Net Assets 2021: -$733,8662021Assets 2022: $17,012,312Liabilities 2022: $18,111,228Net Assets 2022: -$1,098,9162022Assets 2023: $17,062,769Liabilities 2023: $19,108,620Net Assets 2023: -$2,045,8512023Assets 2024: $16,244,123Liabilities 2024: $18,720,564Net Assets 2024: -$2,476,4412024

Highlighted filing

2024

Assets$16,244,123
Liabilities$18,720,564
Net Assets-$2,476,441
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2013: $2,856,8552013Revenue 2014: $3,160,010Expenses 2014: $2,881,323Net Income 2014: $278,6872014Revenue 2015: $2,938,026Expenses 2015: $2,769,298Net Income 2015: $168,7282015Revenue 2019: $2,678,672Expenses 2019: $2,901,682Net Income 2019: -$223,0102019Revenue 2020: $2,698,633Expenses 2020: $2,870,911Net Income 2020: -$172,2782020Revenue 2021: $2,908,834Expenses 2021: $3,048,100Net Income 2021: -$139,2662021Revenue 2022: $3,089,734Expenses 2022: $3,454,784Net Income 2022: -$365,0502022Revenue 2023: $2,922,476Expenses 2023: $3,869,411Net Income 2023: -$946,9352023Revenue 2024: $3,037,164Expenses 2024: $3,467,754Net Income 2024: -$430,5902024

Highlighted filing

2024

Revenue$3,037,164
Expenses$3,467,754
Net Income-$430,590
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$16,244,123
Liabilities
$18,720,564
Net assets
-$2,476,441
Revenue
$3,037,164
Expenses
$3,467,754
Net income
-$430,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.2$18.7$2.48$3.04$3.47$0.43
2023Detailed filing. Detailed filing data is available for this year.$17.1$19.1$2.05$2.92$3.87$0.95
2022Detailed filing. Detailed filing data is available for this year.$17.0$18.1$1.10$3.09$3.45$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$18.1$0.73$2.91$3.05$0.14
2020Detailed filing. Detailed filing data is available for this year.$17.0$17.6$0.59$2.70$2.87$0.17
2019Detailed filing. Detailed filing data is available for this year.$15.6$16.0$0.42$2.68$2.90$0.22
2015Detailed filing. Detailed filing data is available for this year.$8.16$8.32$0.16$2.94$2.77$0.17
2014Detailed filing. Detailed filing data is available for this year.$8.07$8.41$0.33$3.16$2.88$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.15$8.77$0.61$2.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 5, 2025
Return Version
2023v6.0
Gross Receipts
$3,037,164
Mission and Program Overview

Mission

To provide housing and related facilities for the elderly and disabled persons of the area based upon their respective incomes. Rural development provides rental assistance for the low and very low income persons for most of the buildings.

To provide housing and related facilities for the elderly and disabled persons of the area. Based upon their respective incomes, rural development provides rental assistance for the low and very low income persons for most of the buildings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,759,920$14,394,540▼ $365,380
Savings and Temporary Cash Investments$1,473,865$1,510,344▲ $36,479
Cash and Non-Interest-Bearing Accounts$721,000$248,517▼ $472,483
Accounts Receivable$76,228$49,083▼ $27,145
Prepaid Expenses and Deferred Charges$22,789$29,308▲ $6,519
Inventories for Sale or Use$3,924$7,288▲ $3,364
Total Assets$17,062,769$16,244,123▼ $818,646
Other Assets Total$5,043$5,043→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,644,845$17,408,923▼ $235,922
Accounts Payable and Accrued Expenses$784,763$1,068,414▲ $283,651
Unsecured Notes Loans Payable$430,392$0▼ $430,392
Escrow Account Liability$192,162$189,574▼ $2,588
Deferred Revenue$56,458$53,653▼ $2,805
Total Liabilities$19,108,620$18,720,564▼ $388,056
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,045,851$-2,476,441▼ $430,590
Total Net Assets Fund Balance$-2,045,851$-2,476,441▼ $430,590
Total Liabilities and Net Assets / Fund Balance$17,062,769$16,244,123▼ $818,646

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,398,783$12,231,517$25,630,300
Equipment$499,262$1,296,972$1,796,234
Other Land Buildings$131,535$854,944$986,479
Land$364,960-$364,960
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Darrin DonatPresident
Chris MitchelMember
Kay SchallenkampMember
Terry CaudillMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Evergreen Management ServicesManagement Services430 ORIOLE DR, Spearfish, SD 57783$852,416
Revenue and Support

Revenue Composition

Contributions and Grants
$299,522
Program Service Revenue
$2,703,513
Investment Income
$4,345
Other Revenue
$29,784
All Other Contributions
$156,257
Change in Net Assets
$-430,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,037,164
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,037,164
Total Revenue per Form 990
$3,037,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,467,754
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
Fees for Services Other$720,074--$720,074
Occupancy$528,580--$528,580
Depreciation Depletion$528,420--$528,420
Insurance$399,549--$399,549
Fees for Services Management$339,252--$339,252
Interest$183,712--$183,712
Other Expenses$51,669$3,551-$55,220
Fees for Services Accounting-$37,859-$37,859
Office Expenses-$11,761-$11,761
Information Technology-$7,322-$7,322
Fees for Services Legal-$6,203-$6,203
Advertising$3,382--$3,382
Conferences and Meetings-$131-$131
Total Functional Expenses$3,398,602$69,152$0$3,467,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,467,754
Total Expenses per Audited Statements$3,467,754
Total Expenses per Form 990$3,467,754
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The board of directors has delegated control of management duties to evergreen management services inc.”

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

“The board of directors has delegated control of management duties to evergreen management services, inc. A copy of the 990 was reviewed by the accountant of evergreen management services before filing.”

Form 990, Part VI, Section C, Line 19

“A copy of ponderosa apartments' exemption application and the 990 for each of the previous three years will be made available to any person making a personal and/or written request for these documents.”

Filing and Contact Details

Filer

Filer Name
Ponderosa Apartments Inc
EIN
23-7232223
Phone
6056424744
Address
430 ORIOLE DRIVE, SPEARFISH, SD 57783

Signing Officer

Name
Margaret Richards
Title
Management Agent
Phone
6056424744
Signed
2025-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Richards
Formed
1972
Legal Domicile
Sd
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST STE 101, RAPID CITY, SD 57701
Preparer
Kayla Giesey CPA
Phone
6053481930
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other contracted services - maintenance: program service expenses 117,681. Management and general expenses 0. Fundraising expenses 0. Total expenses 117,681. Contracted personnel: program service expenses 602,393. Management and general expenses 0. Fundraising expenses 0. Total expenses 602,393.”

FORM 990, PART XII, LINE 2C:

“Ponderosa apartments has a committee that oversees the audit. This process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“Ponderosa apartments, inc. Includes a liability on line 21 of form 990 part x for tenant security deposits.”

PART X, LINE 2:

“The organization is a south dakota non-profit corporation and is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The organization is not liable for income taxes if it operates within the confines of its exempt status. However, the organization may be responsible for taxes on unrelated business activities. In the event of an examination of the income tax returns, the tax liability of the organization could be changed if taxing authorities make adjustments to the tax-exempt purpose of the organization or if taxing authorities determine activities are subject to unrelated business income. As of september 30, 2024, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The organization's income tax filings are subject to audit by various taxing authorities. The organization is no longer subject to federal and state income tax examinations by taxing authorities for years before 2021. Management continually evaluates expiring statutes of limitation, audits, proposed settlements, changes in tax law, and new authoritative rulings. The organization believes its estimates are appropriate based on current facts and circumstances. Interest and penalties assessed by income taxing authorities, if any, are included in interest expense.”

Raw XML AppendixShowing 400 of 468 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.

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IRS990/OtherExpensesGrp/TotalAmt1255890
IRS990/OtherExpensesGrp/TotalAmt286270
IRS990/OtherExpensesGrp/TotalAmt355220
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022789
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029308
IRS990/PrincipalOfficerNm0MARGARET RICHARDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1812300
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY & VENDING
IRS990/ProgramServiceRevenueGrp/Desc2MEALS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02654170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02654170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31668
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0277318
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07187
IRS990/PYOtherExpensesAmt03869411
IRS990/PYOtherRevenueAmt029604
IRS990/PYProgramServiceRevenueAmt02608367
IRS990/PYRevenuesLessExpensesAmt0-946935
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03869411
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02922476
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-430590
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt029784
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02733297
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01473865
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01510344
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0299522
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0277318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0382737
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0247438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0272552
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01479567
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034129
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt038086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027425
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt026799
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028191
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0154630
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02703510
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02608367
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02640449
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02487551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02398722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012838599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt038086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027425
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt026799
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0154630
IRS990ScheduleA/InvestmentIncomeCYPct00.01070
IRS990ScheduleA/InvestmentIncomePYPct00.01140
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98930
IRS990ScheduleA/PublicSupportPY509Pct00.98860
IRS990ScheduleA/PublicSupportTotal509Amt014318166
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03003032
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02885685
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03023186
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02734989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02671274
IRS990ScheduleA/Total509Grp/TotalAmt014318166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03037161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02923771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03050611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02761788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02699465
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014472796
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013398783
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012231517
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025630300
IRS990ScheduleD/EquipmentGrp/BookValueAmt0499262
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01296972
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01796234
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03467754
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0364960
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0364960
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0131535
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0854944
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0986479
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03037164
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PONDEROSA APARTMENTS, INC. INCLUDES A LIABILITY ON LINE 21 OF FORM 990 PART X FOR TENANT SECURITY DEPOSITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A SOUTH DAKOTA NON-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT LIABLE FOR INCOME TAXES IF IT OPERATES WITHIN THE CONFINES OF ITS EXEMPT STATUS. HOWEVER, THE ORGANIZATION MAY BE RESPONSIBLE FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. IN THE EVENT OF AN EXAMINATION OF THE INCOME TAX RETURNS, THE TAX LIABILITY OF THE ORGANIZATION COULD BE CHANGED IF TAXING AUTHORITIES MAKE ADJUSTMENTS TO THE TAX-EXEMPT PURPOSE OF THE ORGANIZATION OR IF TAXING AUTHORITIES DETERMINE ACTIVITIES ARE SUBJECT TO UNRELATED BUSINESS INCOME. AS OF SEPTEMBER 30, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2021. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014394540
IRS990ScheduleD/TotalExpensesPerForm990Amt03467754
IRS990ScheduleD/TotalRevenuePerForm990Amt03037164
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03037164
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03467754
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS DELEGATED CONTROL OF MANAGEMENT DUTIES TO EVERGREEN MANAGEMENT SERVICES INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS DELEGATED CONTROL OF MANAGEMENT DUTIES TO EVERGREEN MANAGEMENT SERVICES, INC. A COPY OF THE 990 WAS REVIEWED BY THE ACCOUNTANT OF EVERGREEN MANAGEMENT SERVICES BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF PONDEROSA APARTMENTS' EXEMPTION APPLICATION AND THE 990 FOR EACH OF THE PREVIOUS THREE YEARS WILL BE MADE AVAILABLE TO ANY PERSON MAKING A PERSONAL AND/OR WRITTEN REQUEST FOR THESE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER CONTRACTED SERVICES - MAINTENANCE: PROGRAM SERVICE EXPENSES 117,681. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,681. CONTRACTED PERSONNEL: PROGRAM SERVICE EXPENSES 602,393. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 602,393.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PONDEROSA APARTMENTS HAS A COMMITTEE THAT OVERSEES THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PIONEER MEMORIAL MANOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0460275287
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0930 10TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPEARFISH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd057783
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017062769
IRS990/TotalAssetsEOYAmt016244123
IRS990/TotalAssetsGrp/BOYAmt017062769
IRS990/TotalAssetsGrp/EOYAmt016244123
IRS990/TotalCompGreaterThan150KInd00

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