Civic Intelligence

L T C Inc.

990 • Fiscal year 2022 • EIN 31-1190460

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 27, 2022

Organization ProfileN/A

Refreshing map…

240 N Tillotson AveMuncie, IN 47304

(765) 288-1928

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

6.58x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

7th percentile

-47%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

99th percentile

$982,062

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 551.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

33rd percentile

-3.8%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.1%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$1,219,040

Down $48,074 (-3.8%) from 2021

Net Assets

Down

$46,876

Down $84,494 (-64%) from 2021

Liabilities

Up

$1,172,164

Up $36,420 (+3.2%) from 2021

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Down

$178,088

Down $107 (-0.1%) from 2021

Expenses

Up

$262,582

Up $80,514 (+44%) from 2021

Net Income

Down

-$84,494

Down $80,621 (-2082%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$1.5M$1.0M$500K$0Assets 2012: $684,864Liabilities 2012: $590,515Net Assets 2012: $94,3492012Assets 2013: $683,678Liabilities 2013: $582,886Net Assets 2013: $100,7922013Assets 2014: $677,983Liabilities 2014: $564,290Net Assets 2014: $113,6932014Assets 2015: $682,090Liabilities 2015: $559,128Net Assets 2015: $122,9622015Assets 2016: $669,171Liabilities 2016: $542,144Net Assets 2016: $127,0272016Assets 2017: $1,339,163Liabilities 2017: $1,210,411Net Assets 2017: $128,7522017Assets 2019: $1,322,445Liabilities 2019: $1,176,952Net Assets 2019: $145,4932019Assets 2020: $1,294,360Liabilities 2020: $1,159,117Net Assets 2020: $135,2432020Assets 2021: $1,267,114Liabilities 2021: $1,135,744Net Assets 2021: $131,3702021Assets 2022: $1,219,040Liabilities 2022: $1,172,164Net Assets 2022: $46,8762022Assets 2025: $1,112,529Liabilities 2025: $1,066,023Net Assets 2025: $46,5062025

Highlighted filing

2022

Assets$1,219,040
Liabilities$1,172,164
Net Assets$46,876
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$300K$200K$100K$0-$100KExpenses 2012: $128,4642012Expenses 2013: $150,1732013Revenue 2014: $166,386Expenses 2014: $154,559Net Income 2014: $11,8272014Revenue 2015: $164,217Expenses 2015: $154,948Net Income 2015: $9,2692015Revenue 2016: $161,606Expenses 2016: $157,541Net Income 2016: $4,0652016Revenue 2017: $161,738Expenses 2017: $160,013Net Income 2017: $1,7252017Revenue 2019: $168,385Expenses 2019: $166,015Net Income 2019: $2,3702019Revenue 2020: $165,899Expenses 2020: $176,149Net Income 2020: -$10,2502020Revenue 2021: $178,195Expenses 2021: $182,068Net Income 2021: -$3,8732021Revenue 2022: $178,088Expenses 2022: $262,582Net Income 2022: -$84,4942022Revenue 2025: $195,122Expenses 2025: $186,876Net Income 2025: $8,2462025

Highlighted filing

2022

Revenue$178,088
Expenses$262,582
Net Income-$84,494
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 27, 2022
Return Version
2021v4.2
Gross Receipts
$178,088
Mission and Program Overview

Mission

Provide affordable housing for disabled individuals

Provide affordable housing for disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$778,980$733,639▼ $45,341
Prepaid Expenses and Deferred Charges$5,335$5,335→ $0
Cash and Non-Interest-Bearing Accounts$25,027$1,517▼ $23,510
Accounts Receivable$68$330▲ $262
Total Assets$1,267,114$1,219,040▼ $48,074
Other Assets Total$457,704$478,219▲ $20,515
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,124,495$1,162,457▲ $37,962
Other Liabilities$4,053$5,577▲ $1,524
Accounts Payable and Accrued Expenses$7,196$4,130▼ $3,066
Total Liabilities$1,135,744$1,172,164▲ $36,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$131,370$46,876▼ $84,494
Total Net Assets Fund Balance$131,370$46,876▼ $84,494
Total Liabilities and Net Assets / Fund Balance$1,267,114$1,219,040▼ $48,074

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$657,491$637,997$1,295,488
Equipment$30,097$52,708$82,805
Land$30,000-$30,000
Other Land Buildings$16,051$13,733$29,784
Other Assets Org$68,572--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
Teri GrimesSecretary$70,871$70,871

Board Members and Trustees

NameTitle
Hank MiliusPresident
Lisa SuttleVice President
Julie NewhouseBoard Member
Scott RiggsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$177,123
Investment Income
$310
Other Revenue
$655
Change in Net Assets
$-84,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$178,088
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$178,088
Total Revenue per Form 990
$178,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,485
Salaries, Compensation, and Employee Benefits$27,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$102,440--$102,440
Depreciation Depletion$47,632--$47,632
Occupancy$43,734--$43,734
Other Salaries and Wages$24,295--$24,295
Fees for Services Management-$13,852-$13,852
Fees for Services Accounting-$9,498-$9,498
Insurance$8,311--$8,311
Payroll Taxes$1,984--$1,984
Other Expenses$1,198$6,996-$1,198
Other Employee Benefits$818--$818
Total Functional Expenses$232,236$30,346$0$262,582

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$262,582
Total Expenses per Audited Statements$262,582
Total Expenses per Form 990$262,582
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
Security Deposits$3,584
Deferred Revenue$1,993
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

“The apartments are managed by justus property management, inc.”

Form 990, Part VI, Section A, Line 8B

“The organization has no committees.”

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

“The form and related attachments is made available to the full board for their review prior to filing.”

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

“The organization follows-up on any exceptions noted in the annual disclosure and/or on any instances that arise during the year. Any board member with a conflict does not vote on any issue in which a conflict exists.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Ltc Inc
EIN
31-1190460
Phone
7652881928
Address
240 N TILLOTSON AVE, MUNCIE, IN 47304
Doing Business As
Gilbeke Apartments

Signing Officer

Name
Scott Riggs
Title
CFO
Phone
7652545189
Signed
2022-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Riggs
Formed
1986
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Stephen Hurrle CPA
Phone
3177809850
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If the corporation were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense, and penalties on any income tax would be reported as penalties. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof, as well as other factors. The corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The corporation's management believes it is no longer subject to income tax examinations for years prior to june 30, 2019.”

Raw XML AppendixShowing 400 of 517 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/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0479
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01036
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01059
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03738
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99290
IRS990ScheduleA/PublicSupportPY509Pct00.99260
IRS990ScheduleA/PublicSupportTotal509Amt0852831
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0177123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0177325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0164710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0166859
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0166814
IRS990ScheduleA/Total509Grp/TotalAmt0852831
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0178088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0178195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0165899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0168385
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0168399
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0858966
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0657491
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0637997
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01295488
IRS990ScheduleD/EquipmentGrp/BookValueAmt030097
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082805
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0262582
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt030000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0405601
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14046
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt268572
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOAN COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016051
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013733
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0178088
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE CORPORATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CORPORATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0733639
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0478219
IRS990ScheduleD/TotalExpensesPerForm990Amt0262582
IRS990ScheduleD/TotalLiabilityAmt05577
IRS990ScheduleD/TotalRevenuePerForm990Amt0178088
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0178088
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0262582
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0143427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt148400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt241250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0581331
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1210667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2172819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0113258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt112395
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt219679
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt045503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt138595
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt218551
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt098543
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt110732
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt21150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HANK MILIUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SCOTT RIGGS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2LISA SUTTLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0982062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1320789
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2253449
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0MERIDIAN SERVICES CORP PROVIDED A SEVERANCE PAYMENT TO HANK MILIUS IN THE AMOUNT OF $256,070 FOR THE TWELVE MONTHS ENDING JUNE 30, 2021. MERIDIAN SERVICES CORP PROVIDES A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN FOR ITS PRESIDENT-CEO. THE PLAN IS FUNDED ANUALLY AND VESTING ONLY OCCURS IF THE PARTICIPANT IS STILL EMPLOYED ON JANUARY 15, 2022. NO BENEFIT PAYMENTS WERE MADE TO THE PARTICIPANT DURING THE YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINES 4A-B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE APARTMENTS ARE MANAGED BY JUSTUS PROPERTY MANAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM AND RELATED ATTACHMENTS IS MADE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION FOLLOWS-UP ON ANY EXCEPTIONS NOTED IN THE ANNUAL DISCLOSURE AND/OR ON ANY INSTANCES THAT ARISE DURING THE YEAR. ANY BOARD MEMBER WITH A CONFLICT DOES NOT VOTE ON ANY ISSUE IN WHICH A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,219,040
Liabilities
$1,172,164
Net assets
$46,876
Revenue
$178,088
Expenses
$262,582
Net income
-$84,494
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$1.07$0.05$0.20$0.19$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.22$1.17$0.05$0.18$0.26$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$1.14$0.13$0.18$0.18$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$1.16$0.14$0.17$0.18$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.18$0.15$0.17$0.17$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$1.21$0.13$0.16$0.16$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.67$0.54$0.13$0.16$0.16$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.56$0.12$0.16$0.15$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.56$0.11$0.17$0.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.58$0.10$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.59$0.09$0.13
Peer Organizations

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