Civic Intelligence

L T C Inc.

990 • Fiscal year 2023 • EIN 31-1190460

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 18, 2023

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

0.98x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

5.91x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

99th percentile

$1,021,048

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 545.7% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

17th percentile

-7.0%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

5.1%

Faster revenue growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$1,134,098

Down $84,942 (-7.0%) from 2022

Net Assets

Down

$27,999

Down $18,877 (-40%) from 2022

Liabilities

Down

$1,106,099

Down $66,065 (-5.6%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin23rd percentile

Revenue

Up

$187,120

Up $9,032 (+5.1%) from 2022

Expenses

Down

$205,997

Down $56,585 (-22%) from 2022

Net Income

Up

-$18,877

Up $65,617 (+78%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth17th 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 2023: $1,134,098Liabilities 2023: $1,106,099Net Assets 2023: $27,9992023Assets 2025: $1,112,529Liabilities 2025: $1,066,023Net Assets 2025: $46,5062025

Highlighted filing

2023

Assets$1,134,098
Liabilities$1,106,099
Net Assets$27,999
Open 2023 Filing

Operations Trend

Revenue Growth47th 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 2023: $187,120Expenses 2023: $205,997Net Income 2023: -$18,8772023Revenue 2025: $195,122Expenses 2025: $186,876Net Income 2025: $8,2462025

Highlighted filing

2023

Revenue$187,120
Expenses$205,997
Net Income-$18,877
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 18, 2023
Return Version
2022v5.0
Gross Receipts
$187,120
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$733,639$688,298▼ $45,341
Cash and Non-Interest-Bearing Accounts$1,517$10,986▲ $9,469
Prepaid Expenses and Deferred Charges$5,335$5,335→ $0
Accounts Receivable$330$942▲ $612
Total Assets$1,219,040$1,134,098▼ $84,942
Other Assets Total$478,219$428,537▼ $49,682
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,162,457$1,095,852▼ $66,605
Other Liabilities$5,577$5,991▲ $414
Accounts Payable and Accrued Expenses$4,130$4,256▲ $126
Total Liabilities$1,172,164$1,106,099▼ $66,065
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,876$27,999▼ $18,877
Total Net Assets Fund Balance$46,876$27,999▼ $18,877
Total Liabilities and Net Assets / Fund Balance$1,219,040$1,134,098▼ $84,942

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$619,210$676,278$1,295,488
Equipment$25,023$57,782$82,805
Land$30,000-$30,000
Other Land Buildings$14,065$15,719$29,784
Other Assets Org$66,281--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
Teri GrimesSecretary$92,693$92,693

Board Members and Trustees

NameTitle
Hank MiliusPresident
Lisa SuttleVice President
Scott RiggsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,382
Investment Income
$1,154
Other Revenue
$584
Change in Net Assets
$-18,877

Audited Revenue Reconciliation

Revenue per Audited Statements
$187,120
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$187,120
Total Revenue per Form 990
$187,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,186
Salaries, Compensation, and Employee Benefits$29,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$47,632--$47,632
Occupancy$43,010--$43,010
Interest$40,585--$40,585
Other Salaries and Wages$26,097--$26,097
Fees for Services Management-$13,053-$13,053
Fees for Services Accounting-$11,663-$11,663
Insurance$9,163--$9,163
Payroll Taxes$2,144--$2,144
Other Employee Benefits$1,570--$1,570
Other Expenses$1,198$6,957-$1,198
Total Functional Expenses$174,324$31,673$0$205,997

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$205,997
Total Expenses per Audited Statements$205,997
Total Expenses per Form 990$205,997
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$4,306
Deferred Revenue$1,685
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
2023-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Riggs
Formed
1986
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Brad M Feldman 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, 2020.”

Raw XML AppendixShowing 400 of 509 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/BOYAmt04130
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04256
IRS990/AccountsReceivableGrp/BOYAmt0330
IRS990/AccountsReceivableGrp/EOYAmt0942
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOUSING FOR DISABLED
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTUS PROPERTY MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum03178344756
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08 S MAIN ST STE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0WHITESTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046075
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01517
IRS990/CashNonInterestBearingGrp/EOYAmt010986
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/CYInvestmentIncomeAmt01154
IRS990/CYOtherExpensesAmt0176186
IRS990/CYOtherRevenueAmt0584
IRS990/CYProgramServiceRevenueAmt0185382
IRS990/CYRevenuesLessExpensesAmt0-18877
IRS990/CYSalariesCompEmpBnftPaidAmt029811
IRS990/CYTotalExpensesAmt0205997
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0187120
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt047632
IRS990/DepreciationDepletionGrp/TotalAmt047632
IRS990/Desc0THE ORGANIZATION OWNS AND MAINTAINS A 20 UNIT SECTION 202 HOUSING PROJECT
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0GILBEKE APARTMENTS
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0174324
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011663
IRS990/FeesForServicesAccountingGrp/TotalAmt011663
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt013053
IRS990/FeesForServicesManagementGrp/TotalAmt013053
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0160611
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127745
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219017
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt349544
IRS990/Form990PartVIISectionAGrp/PersonNm0HANK MILIUS
IRS990/Form990PartVIISectionAGrp/PersonNm1LISA SUTTLE
IRS990/Form990PartVIISectionAGrp/PersonNm2TERI GRIMES
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT RIGGS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0860437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1246765
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt273676
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3319536
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0187120
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt09163
IRS990/InsuranceGrp/TotalAmt09163
IRS990/InterestGrp/ProgramServicesAmt040585
IRS990/InterestGrp/TotalAmt040585
IRS990/InvestmentIncomeGrp/ExclusionAmt01154
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01154
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0749779
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0733639
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0688298
IRS990/LandBldgEquipCostOrOtherBssAmt01438077
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE AFFORDABLE HOUSING FOR DISABLED INDIVIDUALS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01162457
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01095852
IRS990/NetAssetsOrFundBalancesBOYAmt046876
IRS990/NetAssetsOrFundBalancesEOYAmt027999
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt046876
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt027999
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt043010
IRS990/OccupancyGrp/TotalAmt043010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0478219
IRS990/OtherAssetsTotalGrp/EOYAmt0428537
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01570
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01570
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2TAXES AND LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06957
IRS990/OtherExpensesGrp/ProgramServicesAmt02925
IRS990/OtherExpensesGrp/ProgramServicesAmt11198
IRS990/OtherExpensesGrp/TotalAmt06957
IRS990/OtherExpensesGrp/TotalAmt12925
IRS990/OtherExpensesGrp/TotalAmt21198
IRS990/OtherLiabilitiesGrp/BOYAmt05577
IRS990/OtherLiabilitiesGrp/EOYAmt05991
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING IN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0584
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0584
IRS990/OtherRevenueTotalAmt0584
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026097
IRS990/OtherSalariesAndWagesGrp/TotalAmt026097
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02144
IRS990/PayrollTaxesGrp/TotalAmt02144
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05335
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05335
IRS990/PrincipalOfficerNm0SCOTT RIGGS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0138929
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0138929
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146453
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0310
IRS990/PYOtherExpensesAmt0235485
IRS990/PYOtherRevenueAmt0655
IRS990/PYProgramServiceRevenueAmt0177123
IRS990/PYRevenuesLessExpensesAmt0-84494
IRS990/PYSalariesCompEmpBnftPaidAmt027097
IRS990/PYTotalExpensesAmt0262582
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0178088
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-18877
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0185966
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0710
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0490
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0185382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0177123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0177325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0164710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0166859
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0871399
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01154
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0490
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03025
IRS990ScheduleA/InvestmentIncomeCYPct00.00340
IRS990ScheduleA/InvestmentIncomePYPct00.00280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0584
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0655
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0509
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0479
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01036
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03263
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99280
IRS990ScheduleA/PublicSupportPY509Pct00.99290
IRS990ScheduleA/PublicSupportTotal509Amt0871399
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0185382
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0177123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0177325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0164710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0166859
IRS990ScheduleA/Total509Grp/TotalAmt0871399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0187120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0178088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0178195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0165899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0168385
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0877687
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0619210
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0676278
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01295488
IRS990ScheduleD/EquipmentGrp/BookValueAmt025023
IRS990ScheduleD/EquipmentGrp/DepreciationAmt057782
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082805
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0205997
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt030000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0357950
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14306
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt266281
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS AND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOAN COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014065
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015719
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0187120
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, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0688298
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0428537
IRS990ScheduleD/TotalExpensesPerForm990Amt0205997
IRS990ScheduleD/TotalLiabilityAmt05991
IRS990ScheduleD/TotalRevenuePerForm990Amt0187120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0187120
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0205997
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/BonusRelatedOrganizationsAmt0150600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt148000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt236800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0639498
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1251750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2193587
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/DeferredCompRltdOrgsAmt0113933
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt113725
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt210318
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt046678
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt135819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt217427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt070339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt119786
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt216378
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/TotalCompensationRltdOrgsAmt01021048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1369080
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2274510
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MERIDIAN SERVICES CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LTC II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351302836
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1351862757
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE AND IMPROVE THE MENTAL HEALTH AND QUALITY OF LIFE OF INDIVIDUALS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,134,098
Liabilities
$1,106,099
Net assets
$27,999
Revenue
$187,120
Expenses
$205,997
Net income
-$18,877
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
2023Detailed filing. Detailed filing data is available for this year.$1.13$1.11$0.03$0.19$0.21$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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