Civic Intelligence

Milford Housing Inc

EIN 23-7315215 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Milford, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

91st percentile

0.47x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.34x

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

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

8.9%

Faster asset growth than 71% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

5.2%

Faster revenue growth than 61% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$323,010

Up $26,471 (+8.9%) from 2023

Liabilities

Down

$150,749

Down $11,062 (-6.8%) from 2023

Net Assets

Up

$172,261

Up $37,533 (+28%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin86th percentile

Revenue

Up

$112,260

Up $5,591 (+5.2%) from 2023

Expenses

Down

$74,727

Down $14,988 (-17%) from 2023

Net Income

Up

$37,533

Up $20,579 (+121%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

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

$400K$300K$200K$100K$0Assets 2020: $258,772Liabilities 2020: $193,807Net Assets 2020: $64,9652020Assets 2021: $267,464Liabilities 2021: $183,717Net Assets 2021: $83,7472021Assets 2022: $291,005Liabilities 2022: $173,231Net Assets 2022: $117,7742022Assets 2023: $296,539Liabilities 2023: $161,811Net Assets 2023: $134,7282023Assets 2024: $323,010Liabilities 2024: $150,749Net Assets 2024: $172,2612024

Highlighted filing

2024

Assets$323,010
Liabilities$150,749
Net Assets$172,261
Open 2024 Filing

Operations Trend

Revenue Growth61st percentile

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

$150K$100K$50K$0Revenue 2020: $96,886Expenses 2020: $90,167Net Income 2020: $6,7192020Revenue 2021: $96,801Expenses 2021: $78,019Net Income 2021: $18,7822021Revenue 2022: $105,957Expenses 2022: $71,930Net Income 2022: $34,0272022Revenue 2023: $106,669Expenses 2023: $89,715Net Income 2023: $16,9542023Revenue 2024: $112,260Expenses 2024: $74,727Net Income 2024: $37,5332024

Highlighted filing

2024

Revenue$112,260
Expenses$74,727
Net Income$37,533
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$323,010
Liabilities
$150,749
Net assets
$172,261
Revenue
$112,260
Expenses
$74,727
Net income
$37,533
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.23$1.51$1.72$1.12$0.75$0.38
2023Detailed filing. Detailed filing data is available for this year.$2.97$1.62$1.35$1.07$0.90$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.91$1.73$1.18$1.06$0.72$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.67$1.84$0.84$0.97$0.78$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.59$1.94$0.65$0.97$0.90$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.0
Gross Receipts
$112,260
Mission and Program Overview

Mission

To provide low rent housing in Milford, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 22 families to find safe and affordable housing in Milford.$0$74,727
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elaine GreenPresident-$0--
David DorenkampVice President-$0--
Bobbi WilliamsSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Milford Housing Inc
EIN
23-7315215
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Elaine Green
Title
President
Phone
7123300449
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $1484”

Form 990-EZ, Part I, Line 16

“Depreciation $17659 and Interest -$769”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $143325 and Security Deposits $7424”

Raw XML Appendix132 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132793
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0167184
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt037533
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt018580
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0296539
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0323010
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0112260
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0154
IRS990EZ/LandAndBuildingsGrp/BOYAmt0163746
IRS990EZ/LandAndBuildingsGrp/EOYAmt0155826
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0134728
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0172261
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0134728
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0172261
IRS990EZ/OccupancyRentUtltsAndMaintAmt039257
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Elaine Green
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Dorenkamp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bobbi Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt016890
IRS990EZ/OtherRevenueTotalAmt01484
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Milford, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0110622
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 22 families to find safe and affordable housing in Milford.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074727
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0161811
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0150749
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt074727
IRS990EZ/TotalProgramServiceExpensesAmt074727
IRS990EZ/TotalRevenueAmt0112260
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $1484
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $17659 and Interest -$769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $143325 and Security Deposits $7424
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Elaine Green
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07123300449
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILFORD HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0MILF
ReturnHeader/Filer/EIN0237315215
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-28T12:54:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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