Civic Intelligence

Sem Villa I Inc

990 • Fiscal year 2018 • EIN 31-0818431

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 27, 2019

201 Mound AvenueMilford, OH 45150

(513) 831-3399

Siviq Scores

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

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-2.5%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,692,159

Up $239,637 (+16%) from 2017

Net Assets

Up

$1,528,370

Up $253,536 (+20%) from 2017

Liabilities

Down

$163,789

Down $13,899 (-7.8%) from 2017

Revenue

Down

$1,740,049

Down $44,108 (-2.5%) from 2017

Expenses

Up

$1,486,513

Up $111,283 (+8.1%) from 2017

Net Income

Down

$253,536

Down $155,391 (-38%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,110,824Liabilities 2010: $180,939Net Assets 2010: $929,8852010Assets 2011: $1,166,553Liabilities 2011: $178,871Net Assets 2011: $987,6822011Assets 2012: $1,118,339Liabilities 2012: $188,760Net Assets 2012: $929,5792012Assets 2013: $1,011,912Liabilities 2013: $198,530Net Assets 2013: $813,3822013Assets 2014: $741,067Liabilities 2014: $204,427Net Assets 2014: $536,6402014Assets 2015: $607,181Liabilities 2015: $213,683Net Assets 2015: $393,4982015Assets 2016: $1,047,384Liabilities 2016: $181,477Net Assets 2016: $865,9072016Assets 2017: $1,452,522Liabilities 2017: $177,688Net Assets 2017: $1,274,8342017Assets 2018: $1,692,159Liabilities 2018: $163,789Net Assets 2018: $1,528,3702018Assets 2019: $2,096,577Liabilities 2019: $141,595Net Assets 2019: $1,954,9822019Assets 2020: $2,376,114Liabilities 2020: $132,053Net Assets 2020: $2,244,0612020Assets 2021: $2,502,839Liabilities 2021: $143,794Net Assets 2021: $2,359,0452021Assets 2022: $2,827,721Liabilities 2022: $119,294Net Assets 2022: $2,708,4272022Assets 2023: $3,250,527Liabilities 2023: $165,928Net Assets 2023: $3,084,5992023Assets 2024: $3,641,404Liabilities 2024: $148,069Net Assets 2024: $3,493,3352024

Highlighted filing

2018

Assets$1,692,159
Liabilities$163,789
Net Assets$1,528,370

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,337,0802010Expenses 2011: $1,340,8822011Expenses 2012: $1,328,0902012Revenue 2013: $1,209,721Expenses 2013: $1,345,893Net Income 2013: -$136,1722013Revenue 2014: $1,154,253Expenses 2014: $1,430,994Net Income 2014: -$276,7412014Revenue 2015: $1,393,683Expenses 2015: $1,536,824Net Income 2015: -$143,1412015Revenue 2016: $1,815,853Expenses 2016: $1,343,444Net Income 2016: $472,4092016Revenue 2017: $1,784,157Expenses 2017: $1,375,230Net Income 2017: $408,9272017Revenue 2018: $1,740,049Expenses 2018: $1,486,513Net Income 2018: $253,5362018Revenue 2019: $1,867,199Expenses 2019: $1,440,587Net Income 2019: $426,6122019Revenue 2020: $1,878,900Expenses 2020: $1,589,821Net Income 2020: $289,0792020Revenue 2021: $1,738,609Expenses 2021: $1,623,625Net Income 2021: $114,9842021Revenue 2022: $1,912,150Expenses 2022: $1,562,768Net Income 2022: $349,3822022Revenue 2023: $2,044,949Expenses 2023: $1,668,777Net Income 2023: $376,1722023Revenue 2024: $2,211,025Expenses 2024: $1,802,289Net Income 2024: $408,7362024

Highlighted filing

2018

Revenue$1,740,049
Expenses$1,486,513
Net Income$253,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 27, 2019
Return Version
2018v3.1
Gross Receipts
$1,740,049
Mission and Program Overview

Mission

Retirement Community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$666,196$829,569▲ $163,373
Land, Buildings, and Equipment, Net$529,870$549,503▲ $19,633
Prepaid Expenses and Deferred Charges$29,984$29,984→ $0
Accounts Receivable$6,346$14,416▲ $8,070
Total Assets$1,452,522$1,692,159▲ $239,637
Other Assets Total$220,126$268,687▲ $48,561
Liabilities
Other Liabilities$79,283$130,282▲ $50,999
Accounts Payable and Accrued Expenses$98,405$33,507▼ $64,898
Total Liabilities$177,688$163,789▼ $13,899
Net Assets / Fund Balance
Unrestricted Net Assets$1,274,834$1,528,370▲ $253,536
Total Net Assets Fund Balance$1,274,834$1,528,370▲ $253,536
Total Liabilities and Net Assets / Fund Balance$1,452,522$1,692,159▲ $239,637

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$401,780$3,630,840$4,032,620
Other Land Buildings$35,854$124,966$160,820
Equipment$2,426$109,082$111,508
Leasehold Improvements$58,830$246$59,076
Land$50,613-$50,613
Other Assets Org$44,344--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,736,696
Investment Income
$3,353
Other Revenue
$0
Change in Net Assets
$253,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,740,049
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,740,049
Total Revenue per Form 990
$1,740,049
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$943,070
Salaries, Compensation, and Employee Benefits$543,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$396,139$103,315-$499,454
Fees for Services Management-$92,026-$92,026
Other Expenses$80,005--$80,005
Depreciation Depletion$58,302--$58,302
Fees for Services Other$56,113--$56,113
Insurance$47,956--$47,956
Payroll Taxes$43,989--$43,989
All Other Expenses$32,397$3,290-$35,687
Office Expenses-$24,189-$24,189
Fees for Services Accounting-$19,146-$19,146
Fees for Services Legal-$15,058-$15,058
Advertising-$8,051-$8,051
Total Functional Expenses$1,221,438$265,075$0$1,486,513

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,486,512
Total Expenses per Audited Statements$1,486,512
Total Expenses per Form 990$1,486,512
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Real Estate Taxes$82,314
Tenant Security Deposits$40,322
Accrued Management Fees$7,646
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 2

Some Board Members have spouses serving on the Board.

Form 990, Part VI, Section A, line 3

Romar Management Co. 4770 Cornell Rd. Cincinnati, OH 45241

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

The 990 was not provided to the Board prior to filing.

Form 990, Part VI, Section C, line 19

Available Upon Request.

Filing and Contact Details

Filer

Filer Name
SEM Villa I Inc
EIN
31-0818431
Phone
5138313399
Address
201 Mound Avenue, Milford, OH 45150

Signing Officer

Name
Gerald Halvorsen
Title
President
Phone
5138313399
Signed
2019-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Halvorsen
Formed
1971
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
63
Volunteers
5

Preparer

Firm
Barnes Dennig & Co LTD
Address
150 East Fourth Street, Cincinnati, OH 45202
Preparer
Paula Hume
Phone
5132418313
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Project is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Ohio law. However, the Project is subject to federal income tax on any unrelated business taxable income. The Project's IRS Form 990 is subject to review and examination by federal and status authorities. The Project believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 454 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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IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt07794244
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01736696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01782169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01815807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01393466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01066106
IRS990ScheduleA/Total509Grp/TotalAmt07794244
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01740049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01784157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01815853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01393684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01066556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07800299
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0401780
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03630840
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04032620
IRS990ScheduleD/EquipmentGrp/BookValueAmt02426
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109082
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111508
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01486512
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050613
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050613
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt058830
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0246
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt059076
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt041129
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1183214
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244344
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Escrow Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt035854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0124966
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0160820
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt240322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Real Estate Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Management Fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant Security Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01740049
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Project is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Ohio law. However, the Project is subject to federal income tax on any unrelated business taxable income. The Project's IRS Form 990 is subject to review and examination by federal and status authorities. The Project believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0549503
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0268687
IRS990ScheduleD/TotalExpensesPerForm990Amt01486512
IRS990ScheduleD/TotalLiabilityAmt0130282
IRS990ScheduleD/TotalRevenuePerForm990Amt01740049
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01740049
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01486512
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Some Board Members have spouses serving on the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Romar Management Co. 4770 Cornell Rd. Cincinnati, OH 45241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 990 was not provided to the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available Upon Request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEM Villa Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311021483
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Support Retirement Community
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 12b, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01077 Hawkstone Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Cincinnati
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045230
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01452522
IRS990/TotalAssetsEOYAmt01692159
IRS990/TotalAssetsGrp/BOYAmt01452522
IRS990/TotalAssetsGrp/EOYAmt01692159
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt063
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0265075
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01221438
IRS990/TotalFunctionalExpensesGrp/TotalAmt01486513
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0177688
IRS990/TotalLiabilitiesEOYAmt0163789
IRS990/TotalLiabilitiesGrp/BOYAmt0177688
IRS990/TotalLiabilitiesGrp/EOYAmt0163789
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01274834
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01528370
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt02376
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt02376
IRS990/TotalProgramServiceExpensesAmt01221438
IRS990/TotalProgramServiceRevenueAmt01736696
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03353
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01736696

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.64$0.15$3.49$2.21$1.80$0.41
2023Detailed filing. Detailed filing data is available for this year.$3.25$0.17$3.08$2.04$1.67$0.38
2022Detailed filing. Detailed filing data is available for this year.$2.83$0.12$2.71$1.91$1.56$0.35
2021Detailed filing. Detailed filing data is available for this year.$2.50$0.14$2.36$1.74$1.62$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.38$0.13$2.24$1.88$1.59$0.29
2019Detailed filing. Detailed filing data is available for this year.$2.10$0.14$1.95$1.87$1.44$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.16$1.53$1.74$1.49$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.18$1.27$1.78$1.38$0.41
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.18$0.87$1.82$1.34$0.47
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.21$0.39$1.39$1.54$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.20$0.54$1.15$1.43$0.28
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.20$0.81$1.21$1.35$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.19$0.93$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.18$0.99$1.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.18$0.93$1.34