Civic Intelligence

Rivertree Apartments Inc.

990 • Fiscal year 2015 • EIN 31-1552940

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

2251 Table Rock RdMedford, OR 97501

(541) 779-5785

Siviq Scores

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

Liabilities / Assets

49th percentile

0.04x

Higher debt load relative to assets than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.15x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$133,170

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 83.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

33rd percentile

-2.9%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-3.1%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$587,767

Down $17,773 (-2.9%) from 2014

Net Assets

Up

$564,626

Up $14,700 (+2.7%) from 2014

Liabilities

Down

$23,141

Down $32,473 (-58%) from 2014

Revenue

Down

$158,649

Down $5,061 (-3.1%) from 2014

Expenses

Down

$143,949

Down $9,694 (-6.3%) from 2014

Net Income

Up

$14,700

Up $4,633 (+46%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $702,250Liabilities 2010: $146,520Net Assets 2010: $555,7302010Assets 2012: $659,868Liabilities 2012: $120,812Net Assets 2012: $539,0562012Assets 2013: $629,691Liabilities 2013: $89,832Net Assets 2013: $539,8592013Assets 2014: $605,540Liabilities 2014: $55,614Net Assets 2014: $549,9262014Assets 2015: $587,767Liabilities 2015: $23,141Net Assets 2015: $564,6262015Assets 2016: $599,282Liabilities 2016: $16,752Net Assets 2016: $582,5302016Assets 2017: $618,141Liabilities 2017: $17,884Net Assets 2017: $600,2572017Assets 2018: $664,676Liabilities 2018: $17,134Net Assets 2018: $647,5422018Assets 2019: $650,977Liabilities 2019: $18,783Net Assets 2019: $632,1942019Assets 2020: $654,448Liabilities 2020: $21,066Net Assets 2020: $633,3822020Assets 2021: $627,541Liabilities 2021: $18,604Net Assets 2021: $608,9372021Assets 2022: $614,134Liabilities 2022: $38,652Net Assets 2022: $575,4822022Assets 2024: $518,506Liabilities 2024: $33,011Net Assets 2024: $485,4952024

Highlighted filing

2015

Assets$587,767
Liabilities$23,141
Net Assets$564,626

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $163,5022010Expenses 2012: $173,5362012Revenue 2013: $163,170Expenses 2013: $162,367Net Income 2013: $8032013Revenue 2014: $163,710Expenses 2014: $153,643Net Income 2014: $10,0672014Revenue 2015: $158,649Expenses 2015: $143,949Net Income 2015: $14,7002015Revenue 2016: $157,491Expenses 2016: $139,587Net Income 2016: $17,9042016Revenue 2017: $163,418Expenses 2017: $145,691Net Income 2017: $17,7272017Revenue 2018: $211,806Expenses 2018: $164,521Net Income 2018: $47,2852018Revenue 2019: $162,989Expenses 2019: $178,337Net Income 2019: -$15,3482019Revenue 2020: $164,444Expenses 2020: $163,256Net Income 2020: $1,1882020Revenue 2021: $168,306Expenses 2021: $192,751Net Income 2021: -$24,4452021Revenue 2022: $170,938Expenses 2022: $204,393Net Income 2022: -$33,4552022Revenue 2024: $190,198Expenses 2024: $212,792Net Income 2024: -$22,5942024

Highlighted filing

2015

Revenue$158,649
Expenses$143,949
Net Income$14,700
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.0
Gross Receipts
$158,649
Mission and Program Overview

Mission

AFFORDABLE HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$533,681$507,467▼ $26,214
Accounts Receivable$803$3,847▲ $3,044
Prepaid Expenses and Deferred Charges$2,384$2,392▲ $8
Cash and Non-Interest-Bearing Accounts$1,497$1,282▼ $215
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$605,540$587,767▼ $17,773
Other Assets Total$67,175$72,779▲ $5,604
Liabilities
Other Liabilities$50,306$16,987▼ $33,319
Accounts Payable and Accrued Expenses$5,308$6,154▲ $846
Total Liabilities$55,614$23,141▼ $32,473
Net Assets / Fund Balance
Unrestricted Net Assets$549,926$564,626▲ $14,700
Total Net Assets Fund Balance$549,926$564,626▲ $14,700
Total Liabilities and Net Assets / Fund Balance$605,540$587,767▼ $17,773

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$256,036$464,838$720,874
Land$251,431-$251,431
Equipment-$8,447$8,447
Other Assets Org$10,430--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Scott FosterExecutive Director$133,170$133,170
Brian ConoverFin. Director$88,472$88,472

Board Members and Trustees

NameTitle
Lori MagelChairperson
Joan MiddendorffVice Chair
Cate HartzellCommissioner
Jay StormbergCommissioner
John HansonCommissioner
Pat StoddardCommissioner
Kim ClarkTenant Rep.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$158,520
Investment Income
$129
Other Revenue
$0
Change in Net Assets
$14,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,393
Salaries, Compensation, and Employee Benefits$38,556
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$27,567--$27,567
Depreciation Depletion$26,214--$26,214
Fees for Services Management-$15,968-$15,968
Other Employee Benefits$10,989--$10,989
Other Expenses$5,967--$5,967
Office Expenses$5,541--$5,541
Fees for Services Accounting-$3,300-$3,300
Insurance$2,935--$2,935
Travel$584--$584
All Other Expenses$210--$210
Advertising$103--$103
Total Functional Expenses$124,681$19,268$0$143,949
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$10,430
Due to Related Party$6,557
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed by the director of finance for approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy, and financial statements are made avaliable for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Rivertree Apartments Inc
EIN
31-1552940
Phone
5417795785
Address
2251 TABLE ROCK RD, MEDFORD, OR 97501

Signing Officer

Name
Scott Foster
Title
Executive Director
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Foster
Formed
1996
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
KDP Certified Public Accountants LLP
Address
640 SUPERIOR CT, MEDFORD, OR 97504-6181
Preparer
Stewart C Parmele CPA
Phone
5417736633
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0112654
IRS990/PYProgramServiceRevenueAmt0153410
IRS990/PYRevenuesLessExpensesAmt010067
IRS990/PYSalariesCompEmpBnftPaidAmt040989
IRS990/PYTotalExpensesAmt0153643
IRS990/PYTotalRevenueAmt0163710
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt014700
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0158649
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0256036
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0464838
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0720874
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08447
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08447
IRS990ScheduleD/LandGrp/BookValueAmt0251431
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0251431
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt048339
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114010
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt210430
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110430
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0507467
IRS990ScheduleD/TotalBookValueOtherAssetsAmt072779
IRS990ScheduleD/TotalLiabilityAmt016987
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVALIABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd2false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd3false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd4false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd5false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd6false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd7false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd8false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd9false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0262018181
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1931086939
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2264177504
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3272129046
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN4043820503
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN5593831693
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN6331049115
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN7261908068
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN8454699642
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN9275469586
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd2false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd3false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd4false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd5false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd6false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd7false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd8false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd9false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd4OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd5OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd6OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd7OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd8OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd9OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt4LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt5LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt6LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt7LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt8LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt9LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0ROGUE RIVER APARTMENTS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1WILLOW GLEN LIMITED PARTNERSHIP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2SNOWBERRY BROOK LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt3CANTERBURY HILLS LLC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.33$4.85$1.90$2.13$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.14$0.39$5.75$1.71$2.04$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.19$6.09$1.68$1.93$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$0.21$6.33$1.64$1.63$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.51$0.19$6.32$1.63$1.78$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$0.17$6.48$2.12$1.65$0.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.18$0.18$6.00$1.63$1.46$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.99$0.17$5.83$1.57$1.40$0.18
2015Detailed filing. Detailed filing data is available for this year.$5.88$0.23$5.65$1.59$1.44$0.15
2014Detailed filing. Detailed filing data is available for this year.$6.06$0.56$5.50$1.64$1.54$0.10
2013Detailed filing. Detailed filing data is available for this year.$6.30$0.90$5.40$1.63$1.62$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$1.21$5.39$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$1.47$5.56$1.64