Civic Intelligence

Southwest Florida Gwi Housing Inc

EIN 31-1469227 • 501(c)3 • Fort Myers, FL

Profile

Provide hud sponsored independent living facilities for low income disabled individuals.

5100 Tice StreetFort Myers, FL 33905

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

1.87x

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

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

Liabilities / Revenue

97th percentile

4.03x

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

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

Net Margin

86th percentile

41%

Higher net margin than 86% 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

85th percentile

39%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

93rd percentile

129%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$777,311

Up $219,126 (+39%) from 2023

Liabilities

Up

$1,453,813

Up $70,052 (+5.1%) from 2023

Net Assets

Up

-$676,502

Up $149,074 (+18%) from 2023

Revenue

Up

$360,369

Up $202,665 (+129%) from 2023

Expenses

Down

$211,295

Down $7,967 (-3.6%) from 2023

Net Income

Up

$149,074

Up $210,632 (+342%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $955,334Liabilities 2010: $1,268,292Net Assets 2010: -$312,9582010Assets 2011: $911,412Liabilities 2011: $1,259,254Net Assets 2011: -$347,8422011Assets 2012: $869,615Liabilities 2012: $1,252,651Net Assets 2012: -$383,0362012Assets 2013: $835,464Liabilities 2013: $1,246,796Net Assets 2013: -$411,3322013Assets 2014: $800,559Liabilities 2014: $1,247,908Net Assets 2014: -$447,3492014Assets 2015: $773,435Liabilities 2015: $1,247,359Net Assets 2015: -$473,9242015Assets 2016: $748,596Liabilities 2016: $1,247,476Net Assets 2016: -$498,8802016Assets 2017: $723,533Liabilities 2017: $1,250,570Net Assets 2017: -$527,0372017Assets 2018: $809,788Liabilities 2018: $1,385,424Net Assets 2018: -$575,6362018Assets 2019: $765,713Liabilities 2019: $1,384,156Net Assets 2019: -$618,4432019Assets 2020: $730,036Liabilities 2020: $1,384,843Net Assets 2020: -$654,8072020Assets 2021: $671,449Liabilities 2021: $1,380,855Net Assets 2021: -$709,4062021Assets 2022: $618,317Liabilities 2022: $1,382,335Net Assets 2022: -$764,0182022Assets 2023: $558,185Liabilities 2023: $1,383,761Net Assets 2023: -$825,5762023Assets 2024: $777,311Liabilities 2024: $1,453,813Net Assets 2024: -$676,5022024

Highlighted filing

2024

Assets$777,311
Liabilities$1,453,813
Net Assets-$676,502

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $125,5192010Expenses 2011: $122,4242011Expenses 2012: $125,7262012Revenue 2013: $99,000Expenses 2013: $127,296Net Income 2013: -$28,2962013Revenue 2014: $102,159Expenses 2014: $138,176Net Income 2014: -$36,0172014Revenue 2015: $102,104Expenses 2015: $128,679Net Income 2015: -$26,5752015Revenue 2016: $111,896Expenses 2016: $136,852Net Income 2016: -$24,9562016Revenue 2017: $110,144Expenses 2017: $138,301Net Income 2017: -$28,1572017Revenue 2018: $109,427Expenses 2018: $158,026Net Income 2018: -$48,5992018Revenue 2019: $117,732Expenses 2019: $160,539Net Income 2019: -$42,8072019Revenue 2020: $131,660Expenses 2020: $168,024Net Income 2020: -$36,3642020Revenue 2021: $136,206Expenses 2021: $190,805Net Income 2021: -$54,5992021Revenue 2022: $136,170Expenses 2022: $190,782Net Income 2022: -$54,6122022Revenue 2023: $157,704Expenses 2023: $219,262Net Income 2023: -$61,5582023Revenue 2024: $360,369Expenses 2024: $211,295Net Income 2024: $149,0742024

Highlighted filing

2024

Revenue$360,369
Expenses$211,295
Net Income$149,074

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$1.45$0.68$0.36$0.21$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.56$1.38$0.83$0.16$0.22$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.62$1.38$0.76$0.14$0.19$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.67$1.38$0.71$0.14$0.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.73$1.38$0.65$0.13$0.17$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.77$1.38$0.62$0.12$0.16$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.81$1.39$0.58$0.11$0.16$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.72$1.25$0.53$0.11$0.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.75$1.25$0.50$0.11$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.77$1.25$0.47$0.10$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.80$1.25$0.45$0.10$0.14$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.84$1.25$0.41$0.10$0.13$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$1.25$0.38$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$1.26$0.35$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$1.27$0.31$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 25, 2025
Return Version
2024v5.0
Gross Receipts
$360,369
Mission and Program Overview

Mission

Provide hud sponsored independent living facilities for low income disabled individuals.

Providing hud sponsored independent living facilities for low income disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$383,552$608,220▲ $224,668
Prepaid Expenses and Deferred Charges$3,687$7,853▲ $4,166
Cash and Non-Interest-Bearing Accounts$2,132$5,324▲ $3,192
Accounts Receivable$14,530$4,974▼ $9,556
Total Assets$558,185$777,311▲ $219,126
Other Assets Total$154,284$150,940▼ $3,344
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,372,375$1,441,691▲ $69,316
Accounts Payable and Accrued Expenses$6,563$7,753▲ $1,190
Other Liabilities$4,746$4,287▼ $459
Deferred Revenue$77$82▲ $5
Total Liabilities$1,383,761$1,453,813▲ $70,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-825,576$-676,502▲ $149,074
Total Net Assets Fund Balance$-825,576$-676,502▲ $149,074
Total Liabilities and Net Assets / Fund Balance$558,185$777,311▲ $219,126

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$104,124$1,042,615$1,146,739
Other Land Buildings$365,204$116,967$482,171
Land$138,892-$138,892
Equipment-$12,733$12,733
Other Assets Org$3,970--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jennifer FisherChair
Dale SchneiderVice Chair
Daniel AdamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$360,356
Investment Income
$13
Other Revenue
$0
Change in Net Assets
$149,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$360,369
Total Revenue per Audited Statements
$360,369
Total Revenue per Form 990
$360,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,283
Salaries, Compensation, and Employee Benefits$22,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$69,196--$69,196
Occupancy$42,612--$42,612
Fees for Services Management-$20,544-$20,544
Other Salaries and Wages$17,259--$17,259
Fees for Services Accounting-$7,616-$7,616
Office Expenses$6,573--$6,573
Other Employee Benefits$3,331--$3,331
Payroll Taxes$1,422--$1,422
Fees for Services Legal-$667-$667
Insurance$426--$426
Conferences and Meetings-$351-$351
Other Expenses$186--$186
Advertising$50--$50
Total Functional Expenses$182,117$29,178$0$211,295

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$211,295
Total Expenses per Audited Statements$211,295
Total Expenses per Form 990$211,295
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
Tenant Security Deposits Held in Tru$4,287
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 3

The management company is the columbia group. The columbia group manages the rental units, provides maintenance services and manages financial operations of all associated hud properties. The management company did not compensate any employee or director of the company.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the chief operating officer of the sponsor organization. After the return is approved by the chief operating officer, it is presented to the president/ceo of the sponsor organization for final review. Once it is approved, it is signed by the chief operating officer of the sponsoring organization and it is ready for filing.

Form 990, Page 6, Part VI, Line 12C

All potential conflicts are disclosed to the board in advance of any presentation. Conflicted board members, if any, are prohibited from voting or discussing the issue during the debate period except to answer questions about the proposal. The conflicted member is noted in the approved minutes.

Form 990, Page 6, Part VI, Line 19

Other organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Southwest Florida Gwi Housing Inc
EIN
31-1469227
Phone
2399952106
Address
5100 TICE STREET, FORT MYERS, FL 33905
Doing Business As
Park Villas

Signing Officer

Name
Douglas a Stewart
Title
Chief Operat Officer
Phone
2399952106
Signed
2025-03-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Fisher
Formed
1996
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
Scott Robin
Phone
2259263360
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS HELD IN TRU
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT COMPANY IS THE COLUMBIA GROUP. THE COLUMBIA GROUP MANAGES THE RENTAL UNITS, PROVIDES MAINTENANCE SERVICES AND MANAGES FINANCIAL OPERATIONS OF ALL ASSOCIATED HUD PROPERTIES. THE MANAGEMENT COMPANY DID NOT COMPENSATE ANY EMPLOYEE OR DIRECTOR OF THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE CHIEF OPERATING OFFICER OF THE SPONSOR ORGANIZATION. AFTER THE RETURN IS APPROVED BY THE CHIEF OPERATING OFFICER, IT IS PRESENTED TO THE PRESIDENT/CEO OF THE SPONSOR ORGANIZATION FOR FINAL REVIEW. ONCE IT IS APPROVED, IT IS SIGNED BY THE CHIEF OPERATING OFFICER OF THE SPONSORING ORGANIZATION AND IT IS READY FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POTENTIAL CONFLICTS ARE DISCLOSED TO THE BOARD IN ADVANCE OF ANY PRESENTATION. CONFLICTED BOARD MEMBERS, IF ANY, ARE PROHIBITED FROM VOTING OR DISCUSSING THE ISSUE DURING THE DEBATE PERIOD EXCEPT TO ANSWER QUESTIONS ABOUT THE PROPOSAL. THE CONFLICTED MEMBER IS NOTED IN THE APPROVED MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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