Civic Intelligence

Rainbow Village Apts Inc.

990 • Fiscal year 2019 • EIN 23-7240503

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization ProfileRAINBOWVILLAGEAPARTMENTS.COM
1250 Rainbow DriveSpringfield, OR 97477

(541) 344-6444

Siviq Scores

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

Liabilities / Assets

45th percentile

0.06x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

60th percentile

7.2%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

60th percentile

6.8%

Faster asset growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

19%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$1,101,559

Up $70,158 (+6.8%) from 2018

Net Assets

Up

$1,040,895

Up $52,418 (+5.3%) from 2018

Liabilities

Up

$60,664

Up $17,740 (+41%) from 2018

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin60th percentile

Revenue

Up

$718,556

Up $115,636 (+19%) from 2018

Expenses

Up

$666,932

Up $60,135 (+9.9%) from 2018

Net Income

Up

$51,624

Up $55,501 (+1432%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $704,520Liabilities 2011: $237,944Net Assets 2011: $466,5762011Assets 2012: $702,281Liabilities 2012: $151,836Net Assets 2012: $550,4452012Assets 2013: $713,532Liabilities 2013: $69,771Net Assets 2013: $643,7612013Assets 2014: $796,495Liabilities 2014: $61,552Net Assets 2014: $734,9432014Assets 2015: $839,991Liabilities 2015: $63,569Net Assets 2015: $776,4222015Assets 2016: $971,226Liabilities 2016: $68,456Net Assets 2016: $902,7702016Assets 2017: $1,094,904Liabilities 2017: $102,550Net Assets 2017: $992,3542017Assets 2018: $1,031,401Liabilities 2018: $42,924Net Assets 2018: $988,4772018Assets 2019: $1,101,559Liabilities 2019: $60,664Net Assets 2019: $1,040,8952019Assets 2020: $1,338,389Liabilities 2020: $64,391Net Assets 2020: $1,273,9982020Assets 2021: $1,549,424Liabilities 2021: $50,448Net Assets 2021: $1,498,9762021Assets 2022: $1,744,489Liabilities 2022: $58,246Net Assets 2022: $1,686,2432022Assets 2023: $1,812,625Liabilities 2023: $77,031Net Assets 2023: $1,735,5942023Assets 2024: $2,187,960Liabilities 2024: $221,422Net Assets 2024: $1,966,5382024

Highlighted filing

2019

Assets$1,101,559
Liabilities$60,664
Net Assets$1,040,895
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $465,5722011Expenses 2012: $474,5452012Revenue 2013: $576,104Expenses 2013: $482,788Net Income 2013: $93,3162013Revenue 2014: $532,020Expenses 2014: $440,838Net Income 2014: $91,1822014Revenue 2015: $544,028Expenses 2015: $502,549Net Income 2015: $41,4792015Revenue 2016: $600,075Expenses 2016: $473,727Net Income 2016: $126,3482016Revenue 2017: $590,367Expenses 2017: $500,783Net Income 2017: $89,5842017Revenue 2018: $602,920Expenses 2018: $606,797Net Income 2018: -$3,8772018Revenue 2019: $718,556Expenses 2019: $666,932Net Income 2019: $51,6242019Revenue 2020: $867,722Expenses 2020: $634,619Net Income 2020: $233,1032020Revenue 2021: $896,909Expenses 2021: $671,931Net Income 2021: $224,9782021Revenue 2022: $897,465Expenses 2022: $710,198Net Income 2022: $187,2672022Revenue 2023: $925,106Expenses 2023: $875,755Net Income 2023: $49,3512023Revenue 2024: $1,088,600Expenses 2024: $857,656Net Income 2024: $230,9442024

Highlighted filing

2019

Revenue$718,556
Expenses$666,932
Net Income$51,624
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$718,556
Mission and Program Overview

Mission

A non-profit apartment complex run by the local presbyterian churches to provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$888,163$858,335▼ $29,828
Cash and Non-Interest-Bearing Accounts$108,949$190,586▲ $81,637
Accounts Receivable$12,433$12,749▲ $316
Prepaid Expenses and Deferred Charges-$4,962-
Total Assets$1,044,735$1,101,559▲ $56,824
Other Assets Total$35,190$34,927▼ $263
Liabilities
Other Liabilities$47,506$44,295▼ $3,211
Accounts Payable and Accrued Expenses$7,958$16,369▲ $8,411
Total Liabilities$55,464$60,664▲ $5,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$989,271$1,040,895▲ $51,624
Total Net Assets Fund Balance$989,271$1,040,895▲ $51,624
Total Liabilities and Net Assets / Fund Balance$1,044,735$1,101,559▲ $56,824

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$764,284$1,849,784$2,614,068
Equipment$15,051$129,244$144,295
Land$79,000-$79,000
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Jerry KalinaPresident
Betty Jean BurnettDirector
Bob SandersDirector
Delayne MartysusDirector
Howard RulandDirector
Valjean TurkDirector
Quentin HolmesSecretary/tr
Lu-nita HawkinsVice-pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$276,144
Program Service Revenue
$442,412
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$51,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$666,932
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$111,731--$111,731
Depreciation Depletion$66,915--$66,915
Fees for Services Management$46,091--$46,091
Other Expenses$15,675--$15,675
Office Expenses$15,016--$15,016
Fees for Services Other$10,369--$10,369
All Other Expenses$7,460--$7,460
Fees for Services Legal$4,925--$4,925
Fees for Services Accounting$4,343--$4,343
Advertising$643--$643
Total Functional Expenses$666,932$0$0$666,932
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
Tenant Deposit Liability$34,927
Prepaid Rent$9,368
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No

Governance Explanations

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

“Form 990 is reviewed by the executive board.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are available to the public by request form the organization. Financial information is also avaialable from the oregon department of justice.”

Filing and Contact Details

Filer

Filer Name
Rainbow Village Apts Inc
EIN
23-7240503
Phone
5413446444
Address
1250 RAINBOW DRIVE, SPRINGFIELD, OR 97477

Signing Officer

Name
Jerry Kalina
Title
President
Phone
5413446444
Signed
2020-11-12

Organization Details

Principal Officer
Jerry Kalina
Formed
1976
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
BJORKLUND & MONTPLAISIR CPA'S
Address
9020 SW WASHINGTON SQ RD SUITE 46, PORTLAND, OR 97223
Preparer
Steven R Bjorklund
Phone
5036436400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The corporation provides low income housing under section 236 of the national housing act. Operations are subject rules and regulations of hud. There are 80 units.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Federal and state taxes - the corporation is a non-profit tax-exempt corporation under irc 501(c)(3) for federal purposes, and as a non-profit tax-exempt corporation is not required to file a state corporate tax return. Management of the project has analyzed the tax positions taken by the project and has concluded that as of december 31, 2019 there are no uncertain positions taken or expected to be taken that would require disclosure in the financial statements. The project is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax period in progress. The project's management believes it is no longer subject to income tax examinations for years prior to december 31, 2016.”

Raw XML Appendix380 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07958
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016369
IRS990/AccountsReceivableGrp/BOYAmt012433
IRS990/AccountsReceivableGrp/EOYAmt012749
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0A NON-PROFIT APARTMENT COMPLEX RUN BY THE LOCAL PRESBYTERIAN CHURCHES TO PROVIDE LOW-INCOME HOUSING.
IRS990/AdvertisingGrp/ProgramServicesAmt0643
IRS990/AdvertisingGrp/TotalAmt0643
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07460
IRS990/AllOtherExpensesGrp/TotalAmt07460
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAINBOW VILLAGE
IRS990/BooksInCareOfDetail/PhoneNum05416883934
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01250 RAINBOW DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097477
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0108949
IRS990/CashNonInterestBearingGrp/EOYAmt0190586
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0276144
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0666932
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0442412
IRS990/CYRevenuesLessExpensesAmt051624
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0666932
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0718556
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt066915
IRS990/DepreciationDepletionGrp/TotalAmt066915
IRS990/Desc0THE CORPORATION PROVIDES LOW INCOME HOUSING UNDER SECTION 236 OF THE NATIONAL HOUSING ACT. OPERATIONS ARE SUBJECT RULES AND REGULATIONS OF HUD. THERE ARE 80 UNITS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0666932
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04343
IRS990/FeesForServicesAccountingGrp/TotalAmt04343
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04925
IRS990/FeesForServicesLegalGrp/TotalAmt04925
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt046091
IRS990/FeesForServicesManagementGrp/TotalAmt046091
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010369
IRS990/FeesForServicesOtherGrp/TotalAmt010369
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0BETTY JEAN BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm1LU-NITA HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2QUENTIN HOLMES
IRS990/Form990PartVIISectionAGrp/PersonNm3JERRY KALINA
IRS990/Form990PartVIISectionAGrp/PersonNm4DELAYNE MARTYSUS
IRS990/Form990PartVIISectionAGrp/PersonNm5HOWARD RULAND
IRS990/Form990PartVIISectionAGrp/PersonNm6BOB SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm7VALJEAN TURK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0276144
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0718556
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01979028
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0888163
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0858335
IRS990/LandBldgEquipCostOrOtherBssAmt02837363
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A NON-PROFIT APARTMENT COMPLEX RUN BY THE LOCAL PRESBYTERIAN CHURCHES TO PROVIDE LOW-INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0989271
IRS990/NetAssetsOrFundBalancesEOYAmt01040895
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0989271
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01040895
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0111731
IRS990/OccupancyGrp/TotalAmt0111731
IRS990/OfficeExpensesGrp/ProgramServicesAmt015016
IRS990/OfficeExpensesGrp/TotalAmt015016
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt035190
IRS990/OtherAssetsTotalGrp/EOYAmt034927
IRS990/OtherExpensesGrp/Desc0LABOR COSTS MANAGEMENT
IRS990/OtherExpensesGrp/Desc1OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/Desc3EMPLOYEE BENEFITS
IRS990/OtherExpensesGrp/ProgramServicesAmt0145086
IRS990/OtherExpensesGrp/ProgramServicesAmt1124061
IRS990/OtherExpensesGrp/ProgramServicesAmt2114617
IRS990/OtherExpensesGrp/ProgramServicesAmt315675
IRS990/OtherExpensesGrp/TotalAmt0145086
IRS990/OtherExpensesGrp/TotalAmt1124061
IRS990/OtherExpensesGrp/TotalAmt2114617
IRS990/OtherExpensesGrp/TotalAmt315675
IRS990/OtherLiabilitiesGrp/BOYAmt047506
IRS990/OtherLiabilitiesGrp/EOYAmt044295
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04962
IRS990/PrincipalOfficerNm0JERRY KALINA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0426840
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0426840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27128
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CORPORATION PROVIDES LOW INCOME HOUSING UNDER SECTION 236 OF THE NATIONAL HOUSING ACT. OPERATIONS ARE SUBJECT RULES AND REGULATIONS OF HUD. THERE ARE 80 UNITS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0209174
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0603752
IRS990/PYProgramServiceRevenueAmt0391450
IRS990/PYRevenuesLessExpensesAmt0-3083
IRS990/PYTotalExpensesAmt0603752
IRS990/PYTotalRevenueAmt0600669
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051624
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0442412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0276144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0209174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0218733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0187720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0216766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01108537
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0137
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01945061
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt01108537
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0276144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0209174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0218733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0187720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0216766
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01108537
IRS990ScheduleA/TotalSupportAmt01108674
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0764284
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01849784
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02614068
IRS990ScheduleD/EquipmentGrp/BookValueAmt015051
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0129244
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0144295
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt079000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt079000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FEDERAL AND STATE TAXES - THE CORPORATION IS A NON-PROFIT TAX-EXEMPT CORPORATION UNDER IRC 501(C)(3) FOR FEDERAL PURPOSES, AND AS A NON-PROFIT TAX-EXEMPT CORPORATION IS NOT REQUIRED TO FILE A STATE CORPORATE TAX RETURN. MANAGEMENT OF THE PROJECT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PROJECT AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PROJECT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. THE PROJECT'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0858335
IRS990ScheduleD/TotalLiabilityAmt044295
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION PROVIDES LOW INCOME HOUSING UNDER SECTION 236 OF THE NATIONAL HOUSING ACT. OPERATIONS ARE SUBJECT RULES AND REGULATIONS OF HUD. THERE ARE 80 UNITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST FORM THE ORGANIZATION. FINANCIAL INFORMATION IS ALSO AVAIALABLE FROM THE OREGON DEPARTMENT OF JUSTICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01044735
IRS990/TotalAssetsEOYAmt01101559
IRS990/TotalAssetsGrp/BOYAmt01044735
IRS990/TotalAssetsGrp/EOYAmt01101559
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0276144
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0666932
IRS990/TotalFunctionalExpensesGrp/TotalAmt0666932
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055464
IRS990/TotalLiabilitiesEOYAmt060664
IRS990/TotalLiabilitiesGrp/BOYAmt055464
IRS990/TotalLiabilitiesGrp/EOYAmt060664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0989271
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01040895
IRS990/TotalProgramServiceExpensesAmt0666932
IRS990/TotalProgramServiceRevenueAmt0442412
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0442412
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0718556
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01044735
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01101559
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02506 MOON MT DRIVE
IRS990/USAddress/CityNm0EUGENE
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097403
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY KALINA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05413446444
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINBOW VILLAGE APTS INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0237240503
ReturnHeader/Filer/PhoneNum05413446444
ReturnHeader/Filer/USAddress/AddressLine1Txt01250 RAINBOW DRIVE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097477
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CEE0E9ED9D72243329741AB28EDF699F0E4B4116
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CEE0E9ED9D72243329741AB28EDF699F0E4B4116
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.203.59.35
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:54:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931015766
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BJORKLUND & MONTPLAISIR CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09020 SW WASHINGTON SQ RD SUITE 46
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097223
ReturnHeader/PreparerPersonGrp/PhoneNum05036436400
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R BJORKLUND
ReturnHeader/ReturnTs02020-11-13T10:54:44-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,101,559
Liabilities
$60,664
Net assets
$1,040,895
Revenue
$718,556
Expenses
$666,932
Net income
$51,624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.22$1.97$1.09$0.86$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.08$1.74$0.93$0.88$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.74$0.06$1.69$0.90$0.71$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.05$1.50$0.90$0.67$0.22
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.06$1.27$0.87$0.63$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.06$1.04$0.72$0.67$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.99$0.60$0.61$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.10$0.99$0.59$0.50$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.07$0.90$0.60$0.47$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.06$0.78$0.54$0.50$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.06$0.73$0.53$0.44$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.07$0.64$0.58$0.48$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.15$0.55$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.24$0.47$0.47
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits