Civic Intelligence

The Preserve Association

990 • Fiscal year 2018 • EIN 23-7420212

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 18, 2019

Organization ProfilePRESERVEASSOCIATION.COM
11221 Anderson Lake ParkwayEden Prairie, MN 55344

(952) 941-8400

Siviq Scores

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

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.09x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$8,545

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Asset Growth

92nd percentile

42%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

7.3%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$774,443

Up $230,714 (+42%) from 2017

Net Assets

Up

$720,252

Up $179,659 (+33%) from 2017

Liabilities

Up

$54,191

Up $51,055 (+1628%) from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin80th percentile

Revenue

Up

$622,154

Up $42,400 (+7.3%) from 2017

Expenses

Down

$442,495

Down $75,495 (-15%) from 2017

Net Income

Up

$179,659

Up $117,895 (+191%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $437,472Liabilities 2011: $16,788Net Assets 2011: $420,6842011Assets 2012: $487,133Liabilities 2012: $20,037Net Assets 2012: $467,0962012Assets 2013: $447,735Liabilities 2013: $7,288Net Assets 2013: $440,4472013Assets 2014: $503,895Liabilities 2014: $3,134Net Assets 2014: $500,7612014Assets 2015: $426,600Liabilities 2015: $14,155Net Assets 2015: $412,4452015Assets 2016: $485,591Liabilities 2016: $6,762Net Assets 2016: $478,8292016Assets 2017: $543,729Liabilities 2017: $3,136Net Assets 2017: $540,5932017Assets 2018: $774,443Liabilities 2018: $54,191Net Assets 2018: $720,2522018Assets 2019: $957,592Liabilities 2019: $13,173Net Assets 2019: $944,4192019Assets 2020: $988,835Liabilities 2020: $3,507Net Assets 2020: $985,3282020Assets 2021: $979,552Liabilities 2021: $4,488Net Assets 2021: $975,0642021Assets 2022: $990,318Liabilities 2022: $3,925Net Assets 2022: $986,3932022Assets 2023: $1,349,679Liabilities 2023: $25,930Net Assets 2023: $1,323,7492023Assets 2024: $1,464,068Liabilities 2024: $10,232Net Assets 2024: $1,453,8362024

Highlighted filing

2018

Assets$774,443
Liabilities$54,191
Net Assets$720,252
Open 2018 Filing

Operations Trend

Revenue Growth63rd percentile

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

$1.0M$500K$0-$500KExpenses 2011: $384,7692011Expenses 2012: $429,9222012Revenue 2013: $497,101Expenses 2013: $523,750Net Income 2013: -$26,6492013Revenue 2014: $513,047Expenses 2014: $452,733Net Income 2014: $60,3142014Revenue 2015: $533,954Expenses 2015: $622,270Net Income 2015: -$88,3162015Revenue 2016: $555,818Expenses 2016: $489,434Net Income 2016: $66,3842016Revenue 2017: $579,754Expenses 2017: $517,990Net Income 2017: $61,7642017Revenue 2018: $622,154Expenses 2018: $442,495Net Income 2018: $179,6592018Revenue 2019: $683,103Expenses 2019: $483,568Net Income 2019: $199,5352019Revenue 2020: $643,563Expenses 2020: $602,654Net Income 2020: $40,9092020Revenue 2021: $679,500Expenses 2021: $693,529Net Income 2021: -$14,0292021Revenue 2022: $703,854Expenses 2022: $659,081Net Income 2022: $44,7732022Revenue 2023: $949,294Expenses 2023: $676,557Net Income 2023: $272,7372023Revenue 2024: $841,185Expenses 2024: $770,462Net Income 2024: $70,7232024

Highlighted filing

2018

Revenue$622,154
Expenses$442,495
Net Income$179,659
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 18, 2019
Return Version
2018v3.1
Gross Receipts
$622,154
Mission and Program Overview

Mission

Operation and maintenance of common grounds of association benefitting 5,950 people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$518,940$698,225▲ $179,285
Accounts Receivable$3,978$40,100▲ $36,122
Cash and Non-Interest-Bearing Accounts$19,374$34,869▲ $15,495
Prepaid Expenses and Deferred Charges$1,437$1,249▼ $188
Total Assets$543,729$774,443▲ $230,714
Liabilities
Accounts Payable and Accrued Expenses$2,400$51,027▲ $48,627
Other Liabilities$736$3,164▲ $2,428
Total Liabilities$3,136$54,191▲ $51,055
Net Assets / Fund Balance
Unrestricted Net Assets$540,593$720,252▲ $179,659
Total Net Assets Fund Balance$540,593$720,252▲ $179,659
Total Liabilities and Net Assets / Fund Balance$543,729$774,443▲ $230,714
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleBaseTotal
Paul MusegadesPresident, Grounds Employee$8,545$8,545

Board Members and Trustees

NameTitle
Tom HellerVice President
Bruce HellierMember
Inga BorggreveMember
Ken HallonquistMember
Traci BartzMember
Jim GilbertSecretary
Chris DomnisoruTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$611,669
Investment Income
$10,485
Other Revenue
$0
Change in Net Assets
$179,659

Audited Revenue Reconciliation

Revenue per Audited Statements
$622,154
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$622,154
Total Revenue per Form 990
$622,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$267,059
Other Expenses$175,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$122,676$120,430-$243,106
Occupancy$19,157$6,482-$25,639
Payroll Taxes$10,218$9,320-$19,538
Insurance$12,002$1,000-$13,002
Office Expenses-$11,705-$11,705
Fees for Services Accounting-$5,898-$5,898
Fees for Services Legal-$5,330-$5,330
Pension Plan Contributions-$4,415-$4,415
Advertising-$600-$600
Other Expenses$927$394-$394
All Other Expenses$-2,298--$-2,298
Total Functional Expenses$274,979$167,516$0$442,495

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$442,495
Total Expenses per Audited Statements$442,495
Total Expenses per Form 990$442,495
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$3,164
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Part VI, Section B, Line 11B

“Organization's process used to review form 990 yes.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
The Preserve Association
EIN
23-7420212
Phone
9529418400
Address
11221 ANDERSON LAKE PARKWAY, EDEN PRAIRIE, MN 55344

Signing Officer

Name
Scott Anderson
Title
General Manager
Phone
9529418400
Signed
2019-06-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Scott Anderson
Formed
1972
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
44
Volunteers
0

Preparer

Firm
Casey Menden Faust & Nelson Pa
Address
7900 WEST 78TH STREET SUITE 450, EDINA, MN 55439-2586
Preparer
Scott M Callahan
Phone
9529467900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The preserve association is an exempt organization under section 501(c)(4) of the internal revenue code. Under that code the association pays income taxes only on income generated from unrelated business activities. During 2018 and 2017, the association did not have income from such activities. The association has evaluated for uncertain tax positions and determined there are none. Federal and state taxing authorities generally have the right to examine returns for three years from the date of filing. Any intererst or penalties incurred by the association would be included in operating expenses in the accompanying financial statements. No interest or penalties are reflected in the 2018 or 2017 financial statements.”

Raw XML Appendix367 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02400
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051027
IRS990/AccountsReceivableGrp/BOYAmt03978
IRS990/AccountsReceivableGrp/EOYAmt040100
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATION AND MAINTENANCE OF COMMON GROUNDS OF ASSOCIATION BENEFITTING 5,950 PEOPLE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0600
IRS990/AdvertisingGrp/TotalAmt0600
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-2298
IRS990/AllOtherExpensesGrp/TotalAmt0-2298
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE PRESERVE ASSOCIATION
IRS990/BooksInCareOfDetail/PhoneNum09529418400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011221 ANDERSON LAKES PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0EDEN PRAIRIE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055344
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt019374
IRS990/CashNonInterestBearingGrp/EOYAmt034869
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0120430
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0122676
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0243106
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010485
IRS990/CYOtherExpensesAmt0175436
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0611669
IRS990/CYRevenuesLessExpensesAmt0179659
IRS990/CYSalariesCompEmpBnftPaidAmt0267059
IRS990/CYTotalExpensesAmt0442495
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0622154
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0OPERATION AND MAINTENANCE OF COMMON GROUNDS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt044
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0274979
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05898
IRS990/FeesForServicesAccountingGrp/TotalAmt05898
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05330
IRS990/FeesForServicesLegalGrp/TotalAmt05330
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/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/OfficerInd3X
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/PersonNm0PAUL MUSEGADES
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM HELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM GILBERT
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS DOMNISORU
IRS990/Form990PartVIISectionAGrp/PersonNm4BRUCE HELLIER
IRS990/Form990PartVIISectionAGrp/PersonNm5KEN HALLONQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm6TRACI BARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm7INGA BORGGREVE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt08545
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/TitleTxt0PRESIDENT, GROUNDS EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0622154
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01000
IRS990/InsuranceGrp/ProgramServicesAmt012002
IRS990/InsuranceGrp/TotalAmt013002
IRS990/InvestmentIncomeGrp/ExclusionAmt010485
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010485
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPERATION AND MAINTENANCE OF COMMON GROUNDS OF ASSOCIATION BENEFITTING 5,950 PEOPLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0540593
IRS990/NetAssetsOrFundBalancesEOYAmt0720252
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06482
IRS990/OccupancyGrp/ProgramServicesAmt019157
IRS990/OccupancyGrp/TotalAmt025639
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011705
IRS990/OfficeExpensesGrp/TotalAmt011705
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2EDUCATION AND LICENSES
IRS990/OtherExpensesGrp/Desc3MILEAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01942
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1394
IRS990/OtherExpensesGrp/ProgramServicesAmt085550
IRS990/OtherExpensesGrp/ProgramServicesAmt126747
IRS990/OtherExpensesGrp/ProgramServicesAmt2927
IRS990/OtherExpensesGrp/TotalAmt087492
IRS990/OtherExpensesGrp/TotalAmt126747
IRS990/OtherExpensesGrp/TotalAmt2927
IRS990/OtherExpensesGrp/TotalAmt3394
IRS990/OtherLiabilitiesGrp/BOYAmt0736
IRS990/OtherLiabilitiesGrp/EOYAmt03164
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09320
IRS990/PayrollTaxesGrp/ProgramServicesAmt010218
IRS990/PayrollTaxesGrp/TotalAmt019538
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04415
IRS990/PensionPlanContributionsGrp/TotalAmt04415
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01437
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01249
IRS990/PrincipalOfficerNm0SCOTT ANDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES AND AS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2SWIM MEMBERSHIP AND LE
IRS990/ProgramServiceRevenueGrp/Desc3EASEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0546109
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137716
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217844
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0546109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137716
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03905
IRS990/PYOtherExpensesAmt0273359
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0575849
IRS990/PYRevenuesLessExpensesAmt061764
IRS990/PYSalariesCompEmpBnftPaidAmt0244631
IRS990/PYTotalExpensesAmt0517990
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0579754
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0179659
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0611669
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0518940
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0698225
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0442495
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VACATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0622154
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PRESERVE ASSOCIATION IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. UNDER THAT CODE THE ASSOCIATION PAYS INCOME TAXES ONLY ON INCOME GENERATED FROM UNRELATED BUSINESS ACTIVITIES. DURING 2018 AND 2017, THE ASSOCIATION DID NOT HAVE INCOME FROM SUCH ACTIVITIES. THE ASSOCIATION HAS EVALUATED FOR UNCERTAIN TAX POSITIONS AND DETERMINED THERE ARE NONE. FEDERAL AND STATE TAXING AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE RETURNS FOR THREE YEARS FROM THE DATE OF FILING. ANY INTERERST OR PENALTIES INCURRED BY THE ASSOCIATION WOULD BE INCLUDED IN OPERATING EXPENSES IN THE ACCOMPANYING FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES ARE REFLECTED IN THE 2018 OR 2017 FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0442495
IRS990ScheduleD/TotalLiabilityAmt03164
IRS990ScheduleD/TotalRevenuePerForm990Amt0622154
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0622154
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0442495
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 YES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0543729
IRS990/TotalAssetsEOYAmt0774443
IRS990/TotalAssetsGrp/BOYAmt0543729
IRS990/TotalAssetsGrp/EOYAmt0774443
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0167516
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274979
IRS990/TotalFunctionalExpensesGrp/TotalAmt0442495
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03136
IRS990/TotalLiabilitiesEOYAmt054191
IRS990/TotalLiabilitiesGrp/BOYAmt03136
IRS990/TotalLiabilitiesGrp/EOYAmt054191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0540593
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0720252
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0274979
IRS990/TotalProgramServiceRevenueAmt0611669
IRS990/TotalReportableCompFromOrgAmt08545
IRS990/TotalRevenueGrp/ExclusionAmt010485
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0611669
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0622154
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0543729
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0774443
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0540593
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0720252
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011221 ANDERSON LAKE PARKWAY
IRS990/USAddress/CityNm0EDEN PRAIRIE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055344
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0PRESERVEASSOCIATION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09529418400
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PRESERVE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PRES
ReturnHeader/Filer/EIN0237420212
ReturnHeader/Filer/PhoneNum09529418400
ReturnHeader/Filer/USAddress/AddressLine1Txt011221 ANDERSON LAKE PARKWAY
ReturnHeader/Filer/USAddress/CityNm0EDEN PRAIRIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055344
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FF701FB8327A0C31FF4FD4B1BA3389F88B38FC82
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02DDA8EEA25E32E41E6828491E0799AC1A237CB80
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.11.32.173
ReturnHeader/FilingSecurityInformation/IPDt02019-06-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:49:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411535741
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CASEY MENDEN FAUST & NELSON PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07900 WEST 78TH STREET SUITE 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554392586
ReturnHeader/PreparerPersonGrp/PhoneNum09529467900
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT M CALLAHAN
ReturnHeader/ReturnTs02019-06-18T15:31:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$774,443
Liabilities
$54,191
Net assets
$720,252
Revenue
$622,154
Expenses
$442,495
Net income
$179,659
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.01$1.45$0.84$0.77$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.03$1.32$0.95$0.68$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.70$0.66$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.68$0.69$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.64$0.60$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.94$0.68$0.48$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.05$0.72$0.62$0.44$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.58$0.52$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.56$0.49$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.41$0.53$0.62$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.51$0.45$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$0.50$0.52$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.02$0.42$0.38