Civic Intelligence

Pilgrim Towers Inc.

990 • Fiscal year 2016 • EIN 23-7425267

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 03, 2017

Organization ProfileWWW.PILGRIMTOWERS.COM
1010 Hope StreetStamford, CT 06907-2199

(203) 653-6538

Siviq Scores

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

Liabilities / Assets

88th percentile

0.82x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

4.02x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

54th percentile

3.6%

Higher net margin than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

30th percentile

-2.9%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-6.9%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$3,508,583

Down $103,536 (-2.9%) from 2015

Net Assets

Up

$620,601

Up $25,539 (+4.3%) from 2015

Liabilities

Down

$2,887,982

Down $129,075 (-4.3%) from 2015

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin54th percentile

Revenue

Down

$717,867

Down $52,914 (-6.9%) from 2015

Expenses

Up

$692,328

Up $13,983 (+2.1%) from 2015

Net Income

Down

$25,539

Down $66,897 (-72%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,849,169Liabilities 2010: $1,658,113Net Assets 2010: $191,0562010Assets 2011: $1,891,190Liabilities 2011: $1,687,042Net Assets 2011: $204,1482011Assets 2012: $2,218,917Liabilities 2012: $1,830,051Net Assets 2012: $388,8662012Assets 2014: $2,487,187Liabilities 2014: $1,984,561Net Assets 2014: $502,6262014Assets 2015: $3,612,119Liabilities 2015: $3,017,057Net Assets 2015: $595,0622015Assets 2016: $3,508,583Liabilities 2016: $2,887,982Net Assets 2016: $620,6012016Assets 2017: $3,598,655Liabilities 2017: $2,933,518Net Assets 2017: $665,1372017Assets 2018: $3,710,294Liabilities 2018: $3,060,723Net Assets 2018: $649,5712018Assets 2020: $3,555,633Liabilities 2020: $2,967,368Net Assets 2020: $588,2652020Assets 2021: $3,499,033Liabilities 2021: $2,963,230Net Assets 2021: $535,8032021Assets 2022: $3,296,029Liabilities 2022: $3,057,017Net Assets 2022: $239,0122022Assets 2024: $3,046,787Liabilities 2024: $2,999,709Net Assets 2024: $47,0782024

Highlighted filing

2016

Assets$3,508,583
Liabilities$2,887,982
Net Assets$620,601
Open 2016 Filing

Operations Trend

Revenue Growth28th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $555,9152010Expenses 2011: $563,3552011Expenses 2012: $592,4912012Revenue 2014: $712,246Expenses 2014: $668,248Net Income 2014: $43,9982014Revenue 2015: $770,781Expenses 2015: $678,345Net Income 2015: $92,4362015Revenue 2016: $717,867Expenses 2016: $692,328Net Income 2016: $25,5392016Revenue 2017: $760,424Expenses 2017: $715,888Net Income 2017: $44,5362017Revenue 2018: $736,457Expenses 2018: $752,023Net Income 2018: -$15,5662018Revenue 2020: $702,675Expenses 2020: $755,454Net Income 2020: -$52,7792020Revenue 2021: $692,566Expenses 2021: $745,028Net Income 2021: -$52,4622021Revenue 2022: $766,378Expenses 2022: $1,000,575Net Income 2022: -$234,1972022Revenue 2024: $938,485Expenses 2024: $985,724Net Income 2024: -$47,2392024

Highlighted filing

2016

Revenue$717,867
Expenses$692,328
Net Income$25,539
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 3, 2017
Return Version
2016v3.0
Gross Receipts
$717,867
Mission and Program Overview

Mission

Provide housing for the elderly and other eligible occupants under section 202 of the national housing act and the regulations thereunder now in effect. It has constructed and operates a ten story apartment building with 72 rental units, known as pilgrim towers, located in stamford, ct. The project is regulated by the department of housing and urban development as to rent charges and operating methods. The agency entered into a contract in 2012 with hud, retroactive to november 1, 2011, whereby hud will provide section 8 housing subsidy payments on 17 units.

To provide housing for the elderly and others under the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,186,065$3,023,432▼ $162,633
Pledges and Grants Receivable$43,060$0▼ $43,060
Prepaid Expenses and Deferred Charges$17,854$20,122▲ $2,268
Cash and Non-Interest-Bearing Accounts$26,627$13,841▼ $12,786
Accounts Receivable$10,268$6,984▼ $3,284
Total Assets$3,612,119$3,508,583▼ $103,536
Other Assets Total$328,245$444,204▲ $115,959
Liabilities
Other Liabilities$2,859,965$2,864,932▲ $4,967
Mortgage Notes Payable Secured by Investment Property$33,114$0▼ $33,114
Accounts Payable and Accrued Expenses$123,978$23,050▼ $100,928
Total Liabilities$3,017,057$2,887,982▼ $129,075
Net Assets / Fund Balance
Unrestricted Net Assets$575,492$601,031▲ $25,539
Temporarily Rstr Net Assets$19,570$19,570→ $0
Total Net Assets Fund Balance$595,062$620,601▲ $25,539
Total Liabilities and Net Assets / Fund Balance$3,612,119$3,508,583▼ $103,536

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,906,029$1,948,920$4,854,949
Equipment$46,403$117,597$164,000
Land$71,000-$71,000
Other Assets Org$16,000--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Alvin E HebertPresident
Graham PowellBoard Member
Jack PenfieldBoard Member
Ken KolbBoard Member
Marilyn OlssonBoard Member
Ray DavisBoard Member
Ellie LowensteinSecretary
Joshua ZiacTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,614
Program Service Revenue
$636,459
Investment Income
$693
Other Revenue
$24,101
All Other Contributions
$48,700
Change in Net Assets
$25,539

Audited Revenue Reconciliation

Revenue per Audited Statements
$717,867
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$92,155
Total Revenue per Audited Statements
$810,022
Total Revenue per Form 990
$717,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$613,253
Salaries, Compensation, and Employee Benefits$79,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$178,916--$178,916
Other Salaries and Wages$72,871--$72,871
Fees for Services Management-$41,160-$41,160
Insurance$41,114--$41,114
Other Expenses$18,711--$18,711
Fees for Services Accounting-$12,108-$12,108
Information Technology-$6,488-$6,488
Payroll Taxes$6,204--$6,204
Interest$4,358--$4,358
Office Expenses-$3,476-$3,476
All Other Expenses-$803-$803
Fees for Services Legal-$43-$43
Total Functional Expenses$628,250$64,078$0$692,328

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$784,483
Expenses per Audited Statements$692,328
Total Expenses per Form 990$692,328
Expenses Not Reported on Form 990$92,155
Expenses Not Reported on Financial Statements$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Improvements Loans Payable$1,566,307
Hud Home Loan$800,000
Flexible Subsidy Loan Payable$463,425
Tenant Restricted Deposits$33,350
Rent Paid in Advance$1,850
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

“The tax return is reviewed by board before filing with the internal revenue service center.”

Form 990, Part VI, Section C, Line 18

“Available at agency's office upon request.”

Form 990, Part VI, Section C, Line 19

“Available at agency's office upon request.”

Filing and Contact Details

Filer

Filer Name
Pilgrim Towers Inc
EIN
23-7425267
Phone
2036536538
Address
1010 HOPE STREET, STAMFORD, CT 06907-2199

Signing Officer

Name
Joshua Ziac
Title
Treasurer
Phone
2036536538
Signed
2017-10-03

Organization Details

Principal Officer
Joshua Ziac
Formed
1962
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Cironefriedberg Llp
Address
855 MAIN STREET 6TH FLR, BRIDGEPORT, CT 06604
Preparer
Thomas Durand
Phone
2033665876
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management of the agency has evaluated all significant tax positions as required by generally accepted accounting principles in the united states of america. Management of the agency is of the opinion that the agency has not taken any material tax positions that would require the recording of any or an additional tax liability by the agency nor is management of the agency of the opinion that there are any unrealized tax benefits that would either increase or decrease materially within the next year. If required, it is the agency's policy to recognize any estimated interest and penalties in the provision for taxes. The tax returns of the agency for the three years ended december 31, 2015 are subject to examination by the taxing authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Below market imputed interest adjustment 92,155.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Below market imputed interest adjustment 92,155.”

Raw XML AppendixShowing 400 of 475 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/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME - APARTMEN
IRS990/ProgramServiceRevenueGrp/Desc1RENT INCOME - TENANT A
IRS990/ProgramServiceRevenueGrp/Desc2PARKING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0400845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1220031
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0400845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1220031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215583
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0107360
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0971
IRS990/PYOtherExpensesAmt0606304
IRS990/PYOtherRevenueAmt021500
IRS990/PYProgramServiceRevenueAmt0640950
IRS990/PYRevenuesLessExpensesAmt092436
IRS990/PYSalariesCompEmpBnftPaidAmt072041
IRS990/PYTotalExpensesAmt0678345
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0770781
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt025539
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0628790
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0107360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt097176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0113328
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0482866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0693
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01063
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0864
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0636459
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0640950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0587941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0620921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0779714
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03265985
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04653
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt024101
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt021500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt026066
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt085482
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt024243
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0181392
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95270
IRS990ScheduleA/PublicSupportPY509Pct00.95360
IRS990ScheduleA/PublicSupportTotal509Amt03748851
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0693073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0748310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0685117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0734249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0888102
IRS990ScheduleA/Total509Grp/TotalAmt03748851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0717867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0770781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0712246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0820793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0913209
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03934896
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/BuildingsGrp/BookValueAmt02906029
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01948920
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04854949
IRS990ScheduleD/EquipmentGrp/BookValueAmt046403
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117597
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164000
IRS990ScheduleD/ExpensesNotReportedAmt092155
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0692328
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt071000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt071000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05964
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119570
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2177584
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3191523
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt433563
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt516000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TAXES AND INSURANCE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH FOR RESTRICTED CONTRIBUTION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherExpensesIncludedAmt092155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11566307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2463425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt333350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4800000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENT PAID IN ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL IMPROVEMENTS LOANS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FLEXIBLE SUBSIDY LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT RESTRICTED DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4HUD HOME LOAN
IRS990ScheduleD/OtherRevenueAmt092155
IRS990ScheduleD/RevenueNotReportedAmt092155
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0717867
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE AGENCY HAS EVALUATED ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. MANAGEMENT OF THE AGENCY IS OF THE OPINION THAT THE AGENCY HAS NOT TAKEN ANY MATERIAL TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY OR AN ADDITIONAL TAX LIABILITY BY THE AGENCY NOR IS MANAGEMENT OF THE AGENCY OF THE OPINION THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE MATERIALLY WITHIN THE NEXT YEAR. IF REQUIRED, IT IS THE AGENCY'S POLICY TO RECOGNIZE ANY ESTIMATED INTEREST AND PENALTIES IN THE PROVISION FOR TAXES. THE TAX RETURNS OF THE AGENCY FOR THE THREE YEARS ENDED DECEMBER 31, 2015 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BELOW MARKET IMPUTED INTEREST ADJUSTMENT 92,155.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BELOW MARKET IMPUTED INTEREST ADJUSTMENT 92,155.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03023432
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0444204
IRS990ScheduleD/TotalExpensesPerForm990Amt0692328
IRS990ScheduleD/TotalLiabilityAmt02864932
IRS990ScheduleD/TotalRevenuePerForm990Amt0717867
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0810022
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0784483
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS REVIEWED BY BOARD BEFORE FILING WITH THE INTERNAL REVENUE SERVICE CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE AT AGENCY'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE AT AGENCY'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt019570
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019570
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03612119
IRS990/TotalAssetsEOYAmt03508583
IRS990/TotalAssetsGrp/BOYAmt03612119

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,508,583
Liabilities
$2,887,982
Net assets
$620,601
Revenue
$717,867
Expenses
$692,328
Net income
$25,539
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$3.00$0.05$0.94$0.99$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$3.06$0.24$0.77$1.00$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$2.96$0.54$0.69$0.75$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$2.97$0.59$0.70$0.76$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$3.06$0.65$0.74$0.75$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$2.93$0.67$0.76$0.72$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.51$2.89$0.62$0.72$0.69$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.61$3.02$0.60$0.77$0.68$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.49$1.98$0.50$0.71$0.67$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$1.83$0.39$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$1.69$0.20$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$1.66$0.19$0.56
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits