Civic Intelligence

Independence Square Rhf Housing Inc.

990 • Fiscal year 2013 • EIN 30-0105351

Oct 01, 2012 to Sep 30, 2013 • Filed on Jan 20, 2014

911 N Studebaker Road90815
Siviq Scores

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

Liabilities / Assets

88th percentile

0.87x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

35th percentile

-1.4%

Faster asset growth than 35% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$4,358,117

Down $62,349 (-1.4%) from 2012

Net Assets

Up

$559,736

Up $155,171 (+38%) from 2012

Liabilities

Down

$3,798,381

Down $217,520 (-5.4%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$991,118

Down $29,428 (-2.9%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $4,520,225Liabilities 2010: $4,388,969Net Assets 2010: $131,2562010Assets 2011: $4,511,555Liabilities 2011: $4,224,010Net Assets 2011: $287,5452011Assets 2012: $4,420,466Liabilities 2012: $4,015,901Net Assets 2012: $404,5652012Assets 2013: $4,358,117Liabilities 2013: $3,798,381Net Assets 2013: $559,7362013Assets 2014: $8,643,901Liabilities 2014: $7,975,619Net Assets 2014: $668,2822014Assets 2015: $8,943,377Liabilities 2015: $8,226,984Net Assets 2015: $716,3932015Assets 2016: $8,234,078Liabilities 2016: $7,612,593Net Assets 2016: $621,4852016Assets 2017: $8,060,546Liabilities 2017: $7,512,681Net Assets 2017: $547,8652017Assets 2018: $7,890,858Liabilities 2018: $7,421,485Net Assets 2018: $469,3732018Assets 2019: $7,545,944Liabilities 2019: $7,246,316Net Assets 2019: $299,6282019Assets 2020: $7,300,227Liabilities 2020: $7,088,822Net Assets 2020: $211,4052020Assets 2021: $7,117,274Liabilities 2021: $7,006,708Net Assets 2021: $110,5662021Assets 2022: $6,895,226Liabilities 2022: $7,055,012Net Assets 2022: -$159,7862022Assets 2023: $6,747,988Liabilities 2023: $6,970,973Net Assets 2023: -$222,9852023Assets 2024: $6,342,503Liabilities 2024: $6,611,881Net Assets 2024: -$269,3782024

Highlighted filing

2013

Assets$4,358,117
Liabilities$3,798,381
Net Assets$559,736

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,006,4442010Expenses 2011: $991,0032011Expenses 2012: $1,020,5462012Expenses 2013: $991,1182013Revenue 2014: $1,158,985Expenses 2014: $1,050,439Net Income 2014: $108,5462014Revenue 2015: $1,176,252Expenses 2015: $1,128,141Net Income 2015: $48,1112015Revenue 2016: $1,169,594Expenses 2016: $1,264,502Net Income 2016: -$94,9082016Revenue 2017: $1,210,254Expenses 2017: $1,283,874Net Income 2017: -$73,6202017Revenue 2018: $1,212,696Expenses 2018: $1,291,188Net Income 2018: -$78,4922018Revenue 2019: $1,214,952Expenses 2019: $1,384,697Net Income 2019: -$169,7452019Revenue 2020: $1,230,613Expenses 2020: $1,318,836Net Income 2020: -$88,2232020Revenue 2021: $1,203,343Expenses 2021: $1,304,182Net Income 2021: -$100,8392021Revenue 2022: $1,045,045Expenses 2022: $1,315,397Net Income 2022: -$270,3522022Revenue 2023: $1,321,608Expenses 2023: $1,384,807Net Income 2023: -$63,1992023Revenue 2024: $1,379,769Expenses 2024: $1,426,162Net Income 2024: -$46,3932024

Highlighted filing

2013

Revenue-
Expenses$991,118
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Jan 20, 2014
Return Version
2012v2.1
Gross Receipts
$1,146,289
Mission and Program Overview

Mission

Independence square rhf housing, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of indiana. The corporation was formed for the purpose of operating a 123 unit community known as independence square located in evansville, indiana, which provides housing for low income elderly persons pursuant to section 202 of the national housing act, as amended. During the year ended september 30, 2014, the original mortgage was refinanced under section 207 pursuant to section 223(f) of the national housing act, as amended. The community was previously owned and operated by deaconess housing, inc. Effective march 31, 2003, deaconess transferred ownership to the corporation in exchange for the assumption of certain liabilities.

Filing and Contact Details

Filer

EIN
30-0105351
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IRS990/MissionDescription0INDEPENDENCE SQUARE RHF HOUSING, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 123 UNIT COMMUNITY KNOWN AS INDEPENDENCE SQUARE LOCATED IN EVANSVILLE, INDIANA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE CORPORATION WAS PREVIOUSLY OWNED AND OPERATED BY DEACONESS HOUSING, INC. EFFECTIVE MARCH 31, 2003, DEACONESS TRANSFERRED OWNERSHIP TO THE COMPANY IN EXCHANGE FOR THE ASSUMPTION OF CERTAIN LIABILITIES. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
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IRS990/NetAssetsOrFundBalancesEOY0559736
IRS990/NetRentalIncomeOrLoss/ExclusionAmount011881
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn011881
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096011
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices0612769
IRS990/Occupancy/Total0612769
IRS990/OfficeExpenses/ProgramServices034153
IRS990/OfficeExpenses/Total034153
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY032069
IRS990/OtherAssetsTotal/EOY045944
IRS990/OtherExpensePriorYear01020546
IRS990/OtherExpensesCurrentYear0991118
IRS990/OtherExpenses/Description0MANAGEMENT COMPANY EMPL
IRS990/OtherExpenses/Description1SERVICE COORDINATOR
IRS990/OtherExpenses/Description2BAD DEBTS
IRS990/OtherExpenses/ProgramServices0110026
IRS990/OtherExpenses/ProgramServices1275
IRS990/OtherExpenses/ProgramServices22
IRS990/OtherExpenses/Total0110026
IRS990/OtherExpenses/Total1275
IRS990/OtherExpenses/Total22
IRS990/OtherLiabilities/BOY032069
IRS990/OtherLiabilities/EOY031594
IRS990/OtherRevenueCurrentYear026572
IRS990/OtherRevenueMisc/BusinessCode0531110
IRS990/OtherRevenueMisc/BusinessCode1531110
IRS990/OtherRevenueMisc/Description0TENANT CHARGES
IRS990/OtherRevenueMisc/Description1OTHER REVENUE-MISC.
IRS990/OtherRevenueMisc/ExclusionAmount014607
IRS990/OtherRevenueMisc/ExclusionAmount184
IRS990/OtherRevenueMisc/TotalRevenueColumn014607
IRS990/OtherRevenueMisc/TotalRevenueColumn184
IRS990/OtherRevenuePriorYear022705
IRS990/PartialLiquidation00
IRS990/PoliticalActivities00
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0531110
IRS990/ProgramServiceRevenueCY0278947
IRS990/ProgramServiceRevenue/Description0RENTAL INCOME
IRS990/ProgramServiceRevenuePriorYear0270094
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0278947
IRS990/ProgramServiceRevenue/TotalRevenueColumn0278947
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0155171
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/RentalIncomeOrLoss/Real011881
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/Revenue0278947
IRS990/RevenuesLessExpensesCY0155171
IRS990/RevenuesLessExpensesPriorYear0117020
IRS990/SalariesEtcCurrentYear00
IRS990/SalariesEtcPriorYear00
IRS990/SavingsAndTempCashInvestments/BOY030639
IRS990/SavingsAndTempCashInvestments/EOY041264
IRS990ScheduleA/GeneralExplanation0SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0840469
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0844424
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0853000
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0835527
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0783669
IRS990ScheduleA/GiftsGrantsContribReceived170/Total04157089
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear012182
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0343
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0435
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years0689
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years01535
IRS990ScheduleA/GrossInvestmentIncome170/Total015184

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.34$6.61$0.27$1.38$1.43$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.75$6.97$0.22$1.32$1.38$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$7.06$0.16$1.05$1.32$0.27
2021Detailed filing. Detailed filing data is available for this year.$7.12$7.01$0.11$1.20$1.30$0.10
2020Detailed filing. Detailed filing data is available for this year.$7.30$7.09$0.21$1.23$1.32$0.09
2019Detailed filing. Detailed filing data is available for this year.$7.55$7.25$0.30$1.21$1.38$0.17
2018Detailed filing. Detailed filing data is available for this year.$7.89$7.42$0.47$1.21$1.29$0.08
2017Detailed filing. Detailed filing data is available for this year.$8.06$7.51$0.55$1.21$1.28$0.07
2016Detailed filing. Detailed filing data is available for this year.$8.23$7.61$0.62$1.17$1.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$8.94$8.23$0.72$1.18$1.13$0.05
2014Detailed filing. Detailed filing data is available for this year.$8.64$7.98$0.67$1.16$1.05$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$3.80$0.56$0.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$4.02$0.40$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$4.22$0.29$0.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$4.39$0.13$1.01