Civic Intelligence

Beaver Island Community Development

EIN 30-0246447 • 501(c)3 • Beaver Island, MI

Profile

Development and management of a 6-unit low-income senior housing project located on beaver island, mi.

PO Box 447Beaver Island, MI 49782

www.beaverislandcdc.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.54x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

16.69x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

7th percentile

-49%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

28th percentile

-5.3%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

23%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$664,257

Down $36,940 (-5.3%) from 2023

Liabilities

Down

$1,020,544

Down $6,900 (-0.7%) from 2023

Net Assets

Down

-$356,287

Down $30,040 (-9.2%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin7th percentile

Revenue

Up

$61,142

Up $11,237 (+23%) from 2023

Expenses

Up

$91,182

Up $13,857 (+18%) from 2023

Net Income

Down

-$30,040

Down $2,620 (-9.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,115,571Liabilities 2011: $1,068,474Net Assets 2011: $47,0972011Assets 2013: $1,050,596Liabilities 2013: $1,064,976Net Assets 2013: -$14,3802013Assets 2014: $1,022,194Liabilities 2014: $1,060,476Net Assets 2014: -$38,2822014Assets 2015: $987,421Liabilities 2015: $1,055,862Net Assets 2015: -$68,4412015Assets 2016: $959,466Liabilities 2016: $1,052,199Net Assets 2016: -$92,7332016Assets 2017: $906,912Liabilities 2017: $1,046,291Net Assets 2017: -$139,3792017Assets 2018: $876,861Liabilities 2018: $1,044,252Net Assets 2018: -$167,3912018Assets 2019: $832,406Liabilities 2019: $1,041,598Net Assets 2019: -$209,1922019Assets 2020: $802,895Liabilities 2020: $1,042,377Net Assets 2020: -$239,4822020Assets 2021: $762,001Liabilities 2021: $1,034,761Net Assets 2021: -$272,7602021Assets 2022: $732,012Liabilities 2022: $1,030,839Net Assets 2022: -$298,8272022Assets 2023: $701,197Liabilities 2023: $1,027,444Net Assets 2023: -$326,2472023Assets 2024: $664,257Liabilities 2024: $1,020,544Net Assets 2024: -$356,2872024

Highlighted filing

2024

Assets$664,257
Liabilities$1,020,544
Net Assets-$356,287
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

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

$150K$100K$50K$0-$50K-$100KExpenses 2011: $55,3762011Revenue 2013: $39,645Expenses 2013: $96,533Net Income 2013: -$56,8882013Revenue 2014: $65,122Expenses 2014: $89,024Net Income 2014: -$23,9022014Revenue 2015: $59,292Expenses 2015: $89,451Net Income 2015: -$30,1592015Revenue 2016: $55,320Expenses 2016: $79,612Net Income 2016: -$24,2922016Revenue 2017: $57,015Expenses 2017: $103,661Net Income 2017: -$46,6462017Revenue 2018: $55,182Expenses 2018: $83,194Net Income 2018: -$28,0122018Revenue 2019: $55,805Expenses 2019: $97,606Net Income 2019: -$41,8012019Revenue 2020: $46,698Expenses 2020: $76,988Net Income 2020: -$30,2902020Revenue 2021: $48,753Expenses 2021: $82,031Net Income 2021: -$33,2782021Revenue 2022: $48,943Expenses 2022: $75,010Net Income 2022: -$26,0672022Revenue 2023: $49,905Expenses 2023: $77,325Net Income 2023: -$27,4202023Revenue 2024: $61,142Expenses 2024: $91,182Net Income 2024: -$30,0402024

Highlighted filing

2024

Revenue$61,142
Expenses$91,182
Net Income-$30,040
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$664,257
Liabilities
$1,020,544
Net assets
-$356,287
Revenue
$61,142
Expenses
$91,182
Net income
-$30,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$1.02$0.36$0.06$0.09$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.70$1.03$0.33$0.05$0.08$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.73$1.03$0.30$0.05$0.08$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.76$1.03$0.27$0.05$0.08$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.80$1.04$0.24$0.05$0.08$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.83$1.04$0.21$0.06$0.10$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.88$1.04$0.17$0.06$0.08$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.91$1.05$0.14$0.06$0.10$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.96$1.05$0.09$0.06$0.08$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.99$1.06$0.07$0.06$0.09$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.02$1.06$0.04$0.07$0.09$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.05$1.06$0.01$0.04$0.10$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$1.07$0.05$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 10, 2025
Return Version
2024v5.2
Gross Receipts
$61,142
Mission and Program Overview

Mission

Development and management of a 6 unit low-income senior housing project located on beaver island, mi.

Development and management of a 6-unit low-income senior housing project on beaver island, mi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$618,478$581,142▼ $37,336
Savings and Temporary Cash Investments$55,888$60,804▲ $4,916
Cash and Non-Interest-Bearing Accounts$24,976$19,955▼ $5,021
Accounts Receivable$1,243$1,484▲ $241
Prepaid Expenses and Deferred Charges$612$872▲ $260
Total Assets$701,197$664,257▼ $36,940
Liabilities
Mortgage Notes Payable Secured by Investment Property$534,051$527,886▼ $6,165
Other Liabilities$490,498$490,124▼ $374
Accounts Payable and Accrued Expenses$2,895$2,534▼ $361
Total Liabilities$1,027,444$1,020,544▼ $6,900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-326,247$-356,287▼ $30,040
Total Net Assets Fund Balance$-326,247$-356,287▼ $30,040
Total Liabilities and Net Assets / Fund Balance$701,197$664,257▼ $36,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$521,142$505,586$1,026,728
Land$60,000-$60,000
Other Land Buildings$0$38,515$38,515
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Pete LodicoPresident
Jane MackenzieVice President
Alana AndersonDirector
Roberta WelkeDirector
Connie WojanSecretary
Kathy SpeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$60,388
Investment Income
$649
Other Revenue
$105
Change in Net Assets
$-30,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,182
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$37,336--$37,336
Fees for Services Management$5,432$5,431-$10,863
Interest$9,081--$9,081
Fees for Services Accounting$1,400$1,400-$2,800
Insurance$2,408--$2,408
All Other Expenses$2,056--$2,056
Travel$1,654--$1,654
Other Expenses$1,492--$1,492
Office Expenses$245--$245
Total Functional Expenses$84,351$6,831$0$91,182
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jane MackenzieVice President of Bicdc and Executive Director of NhcdcBicdc Assists With Daily Operations of the Apartments, Approves Invoices and the Annual Budget. Bicdc Hired Nhcdc to Provide Site Management Services.No$5,286
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mshda/cdbg$472,000
Other Current Liabilities$18,124
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Kmg prestige is the property management company. They provide contracted maintenance services and provide bookkeeping, compliance, and risk management services. Beaver island community development corporation (bicdc) provides the oversight of the daily operations of the apartments and approves invoices to be paid. Bicdc has hired northern homes cdc (nhcdc) to provide site management services.”

Form 990, Part VI, Section B, Line 11B

“From 990 is reviewed by an officer prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually.”

Form 990, Part VI, Section C, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Beaver Island Community Development
EIN
30-0246447
Phone
2314482004
Address
PO BOX 447, BEAVER ISLAND, MI 49782

Signing Officer

Name
Jane Mackenzie
Title
Vice President
Phone
2314482004
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Mackenzie
Formed
2003
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Amber Rathbun CPA
Phone
5173237500
Raw XML Appendix396 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/BOYAmt02895
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02534
IRS990/AccountsReceivableGrp/BOYAmt01243
IRS990/AccountsReceivableGrp/EOYAmt01484
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DEVELOPMENT AND MANAGEMENT OF A 6-UNIT LOW-INCOME SENIOR HOUSING PROJECT ON BEAVER ISLAND, MI.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02056
IRS990/AllOtherExpensesGrp/TotalAmt02056
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PETE LODICO
IRS990/BooksInCareOfDetail/PhoneNum02314482004
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 447
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEAVER ISLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049782
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt024976
IRS990/CashNonInterestBearingGrp/EOYAmt019955
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0649
IRS990/CYOtherExpensesAmt091182
IRS990/CYOtherRevenueAmt0105
IRS990/CYProgramServiceRevenueAmt060388
IRS990/CYRevenuesLessExpensesAmt0-30040
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt091182
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt061142
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037336
IRS990/DepreciationDepletionGrp/TotalAmt037336
IRS990/Desc0DEVELOPMENT, OWNERSHIP AND MANAGEMENT OF A 6-UNIT SENIOR CITIZEN LOW-INCOME HOUSING PROJECT LOCATED ON BEAVER ISLAND, MI.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt084351
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01400
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01400
IRS990/FeesForServicesAccountingGrp/TotalAmt02800
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05431
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt05432
IRS990/FeesForServicesManagementGrp/TotalAmt010863
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/PersonNm0ALANA ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERTA WELKE
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHY SPECK
IRS990/Form990PartVIISectionAGrp/PersonNm3CONNIE WOJAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JANE MACKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm5PETE LODICO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt061142
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02408
IRS990/InsuranceGrp/TotalAmt02408
IRS990/InterestGrp/ProgramServicesAmt09081
IRS990/InterestGrp/TotalAmt09081
IRS990/InvestmentIncomeGrp/ExclusionAmt0649
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0649
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0544101
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0618478
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0581142
IRS990/LandBldgEquipCostOrOtherBssAmt01125243
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOPMENT AND MANAGEMENT OF A 6-UNIT LOW-INCOME SENIOR HOUSING PROJECT LOCATED ON BEAVER ISLAND, MI.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0534051
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0527886
IRS990/NetAssetsOrFundBalancesBOYAmt0-326247
IRS990/NetAssetsOrFundBalancesEOYAmt0-356287
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-326247
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-356287
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0245
IRS990/OfficeExpensesGrp/TotalAmt0245
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ELECTRICITY
IRS990/OtherExpensesGrp/Desc2REPAIRS
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt010736
IRS990/OtherExpensesGrp/ProgramServicesAmt16409
IRS990/OtherExpensesGrp/ProgramServicesAmt26102
IRS990/OtherExpensesGrp/ProgramServicesAmt31492
IRS990/OtherExpensesGrp/TotalAmt010736
IRS990/OtherExpensesGrp/TotalAmt16409
IRS990/OtherExpensesGrp/TotalAmt26102
IRS990/OtherExpensesGrp/TotalAmt31492
IRS990/OtherLiabilitiesGrp/BOYAmt0490498
IRS990/OtherLiabilitiesGrp/EOYAmt0490124
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0105
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0105
IRS990/OtherRevenueTotalAmt0105
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0612
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0872
IRS990/PrincipalOfficerNm0JANE MACKENZIE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059392
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1996
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0109
IRS990/PYOtherExpensesAmt077325
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt049796
IRS990/PYRevenuesLessExpensesAmt0-27420
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt077325
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt049905
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-30040
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt060493
IRS990/SavingsAndTempCashInvstGrp/BOYAmt055888
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060804
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2024 AMOUNT: $ 105.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0649
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0109
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0814
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt060388
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt049796
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt048924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt048740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0254522
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0109
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0814
IRS990ScheduleA/InvestmentIncomeCYPct00.00320
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0105
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0105
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99640
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt0254522
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt049796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt048924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048740
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046674
IRS990ScheduleA/Total509Grp/TotalAmt0254522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt048943
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt048753
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046698
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0255441
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0521142
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0505586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01026728
IRS990ScheduleD/LandGrp/BookValueAmt060000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038515
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038515
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1472000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MSHDA/CDBG
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0581142
IRS990ScheduleD/TotalLiabilityAmt0490124
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JANE MACKENZIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0VICE PRESIDENT OF BICDC AND EXECUTIVE DIRECTOR OF NHCDC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05286
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BICDC ASSISTS WITH DAILY OPERATIONS OF THE APARTMENTS, APPROVES INVOICES AND THE ANNUAL BUDGET. BICDC HIRED NHCDC TO PROVIDE SITE MANAGEMENT SERVICES.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KMG PRESTIGE IS THE PROPERTY MANAGEMENT COMPANY. THEY PROVIDE CONTRACTED MAINTENANCE SERVICES AND PROVIDE BOOKKEEPING, COMPLIANCE, AND RISK MANAGEMENT SERVICES. BEAVER ISLAND COMMUNITY DEVELOPMENT CORPORATION (BICDC) PROVIDES THE OVERSIGHT OF THE DAILY OPERATIONS OF THE APARTMENTS AND APPROVES INVOICES TO BE PAID. BICDC HAS HIRED NORTHERN HOMES CDC (NHCDC) TO PROVIDE SITE MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FROM 990 IS REVIEWED BY AN OFFICER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0701197
IRS990/TotalAssetsEOYAmt0664257
IRS990/TotalAssetsGrp/BOYAmt0701197
IRS990/TotalAssetsGrp/EOYAmt0664257
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06831
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt084351
IRS990/TotalFunctionalExpensesGrp/TotalAmt091182
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01027444
IRS990/TotalLiabilitiesEOYAmt01020544
IRS990/TotalLiabilitiesGrp/BOYAmt01027444
IRS990/TotalLiabilitiesGrp/EOYAmt01020544
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-326247
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-356287
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt084351
IRS990/TotalProgramServiceRevenueAmt060388
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0649
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt060493
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061142
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0701197
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0664257
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01654
IRS990/TravelGrp/TotalAmt01654
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 447
IRS990/USAddress/CityNm0BEAVER ISLAND
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049782
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTPS://FORESTVIEWCOMMUNITY.COM/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANE MACKENZIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02314482004
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAVER ISLAND COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAV
ReturnHeader/Filer/EIN0300246447
ReturnHeader/Filer/PhoneNum02314482004
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 447
ReturnHeader/Filer/USAddress/CityNm0BEAVER ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049782
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382157642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANER COSTERISAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02425 E GRAND RIVER SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0489123291
ReturnHeader/PreparerPersonGrp/PhoneNum05173237500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMBER RATHBUN CPA
ReturnHeader/ReturnTs02025-07-11T08:14:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.