Civic Intelligence

Grundy Center Senior Citizens Housing

EIN 23-7410740 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Grundy Center, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

84th percentile

0.21x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.37x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

72nd percentile

15%

Higher net margin than 72% 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

64th percentile

4.5%

Faster asset growth than 64% of similar nonprofits.

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

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$332,242

Up $14,352 (+4.5%) from 2023

Liabilities

Down

$70,035

Down $14,575 (-17%) from 2023

Net Assets

Up

$262,207

Up $28,927 (+12%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin72nd percentile

Revenue

Up

$189,491

Up $20,920 (+12%) from 2023

Expenses

Down

$160,564

Down $8,834 (-5.2%) from 2023

Net Income

Up

$28,927

Up $29,754 (+3598%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$400K$300K$200K$100K$0Assets 2020: $369,782Liabilities 2020: $130,591Net Assets 2020: $239,1912020Assets 2021: $336,319Liabilities 2021: $115,457Net Assets 2021: $220,8622021Assets 2022: $334,693Liabilities 2022: $100,586Net Assets 2022: $234,1072022Assets 2023: $317,890Liabilities 2023: $84,610Net Assets 2023: $233,2802023Assets 2024: $332,242Liabilities 2024: $70,035Net Assets 2024: $262,2072024

Highlighted filing

2024

Assets$332,242
Liabilities$70,035
Net Assets$262,207
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$200K$100K$0-$100KRevenue 2020: $169,120Expenses 2020: $135,603Net Income 2020: $33,5172020Revenue 2021: $154,962Expenses 2021: $173,291Net Income 2021: -$18,3292021Revenue 2022: $179,514Expenses 2022: $166,269Net Income 2022: $13,2452022Revenue 2023: $168,571Expenses 2023: $169,398Net Income 2023: -$8272023Revenue 2024: $189,491Expenses 2024: $160,564Net Income 2024: $28,9272024

Highlighted filing

2024

Revenue$189,491
Expenses$160,564
Net Income$28,927
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$332,242
Liabilities
$70,035
Net assets
$262,207
Revenue
$189,491
Expenses
$160,564
Net income
$28,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.32$0.70$2.62$1.89$1.61$0.29
2023Detailed filing. Detailed filing data is available for this year.$3.18$0.85$2.33$1.69$1.69$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.35$1.01$2.34$1.80$1.66$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.36$1.15$2.21$1.55$1.73$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.70$1.31$2.39$1.69$1.36$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 26, 2025
Return Version
2024v5.0
Gross Receipts
$189,491
Mission and Program Overview

Mission

To provide low rent housing in Grundy Center, 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 36 families to find safe and affordable housing in Grundy Center.$0$160,564
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bruce GordonPresident-$0--
Mary SchmidtVice President-$0--
Richard RiesbergSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Grundy Center Senior Citizens Housing
EIN
23-7410740
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Bruce Gordon
Title
President
Phone
3196101920
Signed
2025-04-26
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 $3830 and Tenant Charges $404”

Form 990-EZ, Part I, Line 16

“Depreciation $32707 and Interest $8199”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $57331 and Security Deposits $12704”

Raw XML Appendix139 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/BOYAmt032002
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034090
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt010000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt028927
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt028220
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0317890
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0332242
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0189491
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt020
IRS990EZ/LandAndBuildingsGrp/BOYAmt0285888
IRS990EZ/LandAndBuildingsGrp/EOYAmt0298152
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0233280
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0262207
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0233280
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0262207
IRS990EZ/OccupancyRentUtltsAndMaintAmt081968
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/PersonNm0Bruce Gordon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mary Schmidt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Richard Riesberg
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/OtherExpensesTotalAmt040906
IRS990EZ/OtherRevenueTotalAmt04234
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Grundy Center, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0175237
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 36 families to find safe and affordable housing in Grundy Center.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0160564
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt09470
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt084610
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt070035
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0160564
IRS990EZ/TotalProgramServiceExpensesAmt0160564
IRS990EZ/TotalRevenueAmt0189491
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $3830 and Tenant Charges $404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $32707 and Interest $8199
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $57331 and Security Deposits $12704
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/PersonNm0Bruce Gordon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03196101920
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRUNDY CENTER SENIOR CITIZENS HOUSING
ReturnHeader/Filer/BusinessNameControlTxt0GRUN
ReturnHeader/Filer/EIN0237410740
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/PreparationDt02025-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-26T13:55:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.