Civic Intelligence

Rivertree Apartments Inc.

990 • Fiscal year 2018 • EIN 31-1552940

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 07, 2019

Refreshing map…

2251 Table Rock RoadMedford, OR 97501

(541) 779-5785

Siviq Scores

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

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.08x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

95th percentile

$168,942

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 79.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

64th percentile

7.5%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$664,676

Up $46,535 (+7.5%) from 2017

Net Assets

Up

$647,542

Up $47,285 (+7.9%) from 2017

Liabilities

Down

$17,134

Down $750 (-4.2%) from 2017

Revenue

Up

$211,806

Up $48,388 (+30%) from 2017

Expenses

Up

$164,521

Up $18,830 (+13%) from 2017

Net Income

Up

$47,285

Up $29,558 (+167%) from 2017

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

2018

Assets$664,676
Liabilities$17,134
Net Assets$647,542

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

2018

Revenue$211,806
Expenses$164,521
Net Income$47,285
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 7, 2019
Return Version
2018v3.1
Gross Receipts
$211,806
Mission and Program Overview

Mission

AFFORDABLE HOUSING

AFFORDABLE HOUSING.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$465,303$490,904▲ $25,601
Cash and Non-Interest-Bearing Accounts$39,642$23,135▼ $16,507
Prepaid Expenses and Deferred Charges$3,307$3,255▼ $52
Accounts Receivable$6,902$2,278▼ $4,624
Total Assets$618,141$664,676▲ $46,535
Other Assets Total$102,987$145,104▲ $42,117
Liabilities
Other Liabilities$13,888$13,120▼ $768
Accounts Payable and Accrued Expenses$3,996$4,014▲ $18
Total Liabilities$17,884$17,134▼ $750
Net Assets / Fund Balance
Unrestricted Net Assets$600,257$647,542▲ $47,285
Total Net Assets Fund Balance$600,257$647,542▲ $47,285
Total Liabilities and Net Assets / Fund Balance$618,141$664,676▲ $46,535

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$177,395$543,479$720,874
Land$251,431-$251,431
Leasehold Improvements$62,078$2,196$64,274
Equipment-$8,447$8,447
Other Assets Org$13,120--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jason ElzyExecutive Di$168,942$168,942
Brian ConoverFin. Directo$100,599$100,599

Board Members and Trustees

NameTitle
Joan MiddendorffChair Person
Lori MagelVice Chair
Jason ElzyExecutive Director
Cate HartzellCommissioner
Jay StormbergCommissioner
Milan HansonCommissioner
Pat StoddardCommissioner
Teresa GaglioTenant Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$52,674
Program Service Revenue
$159,056
Investment Income
$76
Other Revenue
$0
All Other Contributions
$52,674
Change in Net Assets
$47,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,635
Salaries, Compensation, and Employee Benefits$50,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$36,343--$36,343
Depreciation Depletion$27,199--$27,199
Fees for Services Management-$16,692-$16,692
Other Employee Benefits$14,543--$14,543
All Other Expenses$11,809--$11,809
Other Expenses$5,927--$5,927
Insurance$4,031--$4,031
Fees for Services Accounting-$3,200-$3,200
Travel$577--$577
Fees for Services Legal-$68-$68
Total Functional Expenses$144,561$19,960$0$164,521
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
Tenants Security Deposits$13,120
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

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

Form 990, Page 6, Part VI, Line 19

The governing documents, conflic 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 ROAD, MEDFORD, OR 97501

Signing Officer

Name
Jason Elzy
Title
Executive Director
Phone
5417795785
Signed
2019-08-07

Organization Details

Principal Officer
Jason Elzy
Formed
1996
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
LOVERIDGE HUNT & CO CPA'S
Address
14725 SE 36TH ST STE 401, BELLEVUE, WA 98006-1682
Preparer
Jie Klemm
Phone
4254532088
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd13false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0262018181
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0OR
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd4OR
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd6OR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd7OR
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd12OR
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt4AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt5AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt6AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt7AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt8AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt9AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt10AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt11AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt12AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt13AFFORD.HSG
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0ROGUE RIVER APARTMENTS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1WILLOW GLEN LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt2SNOWBERRY BROOK LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt3CANTERBURY HILLS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt4QUAIL RUN DEVELOPMENT LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt5MAPLE TERRACE DEVELOPMENT LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt6LILAC MEADOWS PHASE II LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt7SCENIC HEIGHTS DEVELOPMENT LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt8FREEDOM& LIBERTY DEVELOPMENT LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt9CHERRY CREEK PART I LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt10PARKVIEW TERRACE DEVELOPMENT LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt11PATRIOT STATION LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt12SIXTH& GRAPE DEVELOPMENT LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt13NEWBRIDGE PLACE LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt02251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt12251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt22251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt32251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt42251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt52251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt62251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt72251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt82251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt92251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt102251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt112251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt122251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt132251 TABLE ROCK ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0MEDFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1MEDFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm2MEDFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm3MEDFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm4MEDFORD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm5MEDFORD

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
2018Detailed filing. Detailed filing data is available for this year.$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