Civic Intelligence

Mountainview Homes for Elderly Inc.

990 • Fiscal year 2019 • EIN 31-1486904

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 16, 2019

PO Box 1218Morristown, TN 37816-1218

(423) 587-4500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.80x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

11.98x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

11th percentile

-24%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-7.4%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$500,942

Down $17,493 (-3.4%) from 2018

Net Assets

Down

-$399,202

Down $18,170 (-4.8%) from 2018

Liabilities

Up

$900,144

Up $677 (+0.1%) from 2018

Revenue

Down

$75,117

Down $5,996 (-7.4%) from 2018

Expenses

Up

$93,287

Up $367 (+0.4%) from 2018

Net Income

Down

-$18,170

Down $6,363 (-54%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $631,299Liabilities 2011: $914,507Net Assets 2011: -$283,2082011Assets 2012: $635,631Liabilities 2012: $941,642Net Assets 2012: -$306,0112012Assets 2013: $603,526Liabilities 2013: $915,592Net Assets 2013: -$312,0662013Assets 2014: $577,243Liabilities 2014: $913,061Net Assets 2014: -$335,8182014Assets 2016: $545,914Liabilities 2016: $907,658Net Assets 2016: -$361,7442016Assets 2017: $533,795Liabilities 2017: $903,020Net Assets 2017: -$369,2252017Assets 2018: $518,435Liabilities 2018: $899,467Net Assets 2018: -$381,0322018Assets 2019: $500,942Liabilities 2019: $900,144Net Assets 2019: -$399,2022019Assets 2021: $469,348Liabilities 2021: $886,824Net Assets 2021: -$417,4762021Assets 2022: $455,098Liabilities 2022: $882,802Net Assets 2022: -$427,7042022Assets 2025: $403,023Liabilities 2025: $881,477Net Assets 2025: -$478,4542025

Highlighted filing

2019

Assets$500,942
Liabilities$900,144
Net Assets-$399,202

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $87,1872011Expenses 2012: $97,7472012Expenses 2013: $109,0402013Revenue 2014: $85,546Expenses 2014: $109,298Net Income 2014: -$23,7522014Revenue 2016: $114,774Expenses 2016: $144,073Net Income 2016: -$29,2992016Revenue 2017: $98,111Expenses 2017: $105,592Net Income 2017: -$7,4812017Revenue 2018: $81,113Expenses 2018: $92,920Net Income 2018: -$11,8072018Revenue 2019: $75,117Expenses 2019: $93,287Net Income 2019: -$18,1702019Revenue 2021: $97,939Expenses 2021: $112,324Net Income 2021: -$14,3852021Revenue 2022: $99,917Expenses 2022: $110,145Net Income 2022: -$10,2282022Revenue 2025: $107,932Expenses 2025: $121,395Net Income 2025: -$13,4632025

Highlighted filing

2019

Revenue$75,117
Expenses$93,287
Net Income-$18,170
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 16, 2019
Return Version
2018v3.1
Gross Receipts
$75,117
Mission and Program Overview

Mission

Housing for low-income elderly individuals/families

Housing for low-income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$448,517$427,665▼ $20,852
Cash and Non-Interest-Bearing Accounts$12,154$5,824▼ $6,330
Prepaid Expenses and Deferred Charges$2,152$2,152→ $0
Total Assets$518,435$500,942▼ $17,493
Other Assets Total$55,612$65,301▲ $9,689
Liabilities
Mortgage Notes Payable Secured by Investment Property$858,500$858,500→ $0
Accounts Payable and Accrued Expenses$37,029$38,091▲ $1,062
Other Liabilities$3,938$3,553▼ $385
Total Liabilities$899,467$900,144▲ $677
Net Assets / Fund Balance
Unrestricted Net Assets$-381,032$-399,202▼ $18,170
Total Net Assets Fund Balance$-381,032$-399,202▼ $18,170
Total Liabilities and Net Assets / Fund Balance$518,435$500,942▼ $17,493

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$386,981$428,195$815,176
Land$40,000-$40,000
Other Land Buildings$457$22,241$22,698
Equipment$227$912$1,139
Other Assets Org$435--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan LukerPresident
Kathy BoatmanExecutive Vice President
Jack YatesVice-president
Barbara MasonDirector
Barbara RaperDirector
Bill MitrikDirector
Chris HornDirector
Joe BenthalDirector
Kay HaleDirector
Lane WolfenbargerDirector
Michael CollinsDirector
Stanley WilderSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$39,495
Program Service Revenue
$35,598
Investment Income
$24
Other Revenue
$0
Change in Net Assets
$-18,170

Audited Revenue Reconciliation

Revenue per Audited Statements
$75,117
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$75,117
Total Revenue per Form 990
$75,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,287
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
Fees for Services Management$11,636$12,015-$23,651
Depreciation Depletion$20,852--$20,852
Insurance$5,258--$5,258
Office Expenses-$3,735-$3,735
Fees for Services Other-$3,497-$3,497
Fees for Services Accounting-$3,411-$3,411
Other Expenses$1,999--$1,999
Advertising$508--$508
Total Functional Expenses$70,629$22,658$0$93,287

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$93,287
Total Expenses per Audited Statements$93,287
Total Expenses per Form 990$93,287
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
Tenant Security Deposits$3,553
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
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

Day to day operations are performed by a non-profit management agent approved by hud.

Form 990, Part VI, Section A, Line 6

One class of members comprised of individuals with an interest in housing for elderly and low-income persons.

Form 990, Part VI, Section A, Line 7A

All members have voting right to elect the governing body (board of directors).

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

Form 990 is reviewed by the executive director of the management company.

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

Annual training sessions with on-site managers.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Mountainview Homes for Elderly Inc
EIN
31-1486904
Phone
4235874500
Address
PO BOX 1218, MORRISTOWN, TN 37816-1218
Doing Business As
Brookvale Garden Apartments

Signing Officer

Name
Susan Luker
Title
President
Phone
4235874500
Signed
2019-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Luker
Formed
1997
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Purkey Carter Compton Swann & Carter
Address
PLLC PO BOX 727, MORRISTOWN, TN 37815
Preparer
Paul a Lynch CPA
Phone
4235864850
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt041947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt098631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt039153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt098111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0114774
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0104244
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0391880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt037
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0490511
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075093
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt081100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098111
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0114774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0121433
IRS990ScheduleA/Total509Grp/TotalAmt0490511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt075117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt081113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0114774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0121433
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0490548
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0386981
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0428195
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0815176
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0912
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01139
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt093287
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03553
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15658
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt255655
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3435
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0457
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022241
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt075117
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0427665
IRS990ScheduleD/TotalBookValueOtherAssetsAmt065301
IRS990ScheduleD/TotalExpensesPerForm990Amt093287
IRS990ScheduleD/TotalLiabilityAmt03553
IRS990ScheduleD/TotalRevenuePerForm990Amt075117
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt075117
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt093287
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAY TO DAY OPERATIONS ARE PERFORMED BY A NON-PROFIT MANAGEMENT AGENT APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE CLASS OF MEMBERS COMPRISED OF INDIVIDUALS WITH AN INTEREST IN HOUSING FOR ELDERLY AND LOW-INCOME PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS HAVE VOTING RIGHT TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL TRAINING SESSIONS WITH ON-SITE MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0621328332
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CENTURY PROPERTIES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 1218
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MORRISTOWN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd037816
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd190
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd220

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