Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
118 E Second Street Property Inc
EIN 32-0332541 • 501(c)2 • Seymour, IN
Profile
The organization is a 501(c)(2) title holding corporation for knights of columbus council 1252 (ein 35-1081447).
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Balance Sheet
Assets
Down$192,884
Down $31,731 (-14%) from 2021
Liabilities
Down$1,250
Down $64,726 (-98%) from 2021
Net Assets
Up$191,634
Up $32,995 (+21%) from 2021
Revenue
Up$39,892
Up $4,075 (+11%) from 2021
Expenses
Up$29,650
Up $4,885 (+20%) from 2021
Net Income
Down$10,242
Down $810 (-7.3%) from 2021
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $192,884
- Liabilities
- $1,250
- Net assets
- $191,634
- Revenue
- $39,892
- Expenses
- $29,650
- Net income
- $10,242
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 23, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $39,892
Mission and Program Overview
Mission
The organization is a 501(c)(2) title holding corporation for knights of columbus council 1252 (ein 35-1081447).
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION HOLDS TITLE TO REAL ESTATE LOCATED AT 118 EAST SECOND STREET IN SEYMOUR AND LEASES THE SAME TO KNIGHTS OF COLUMBUS COUNCIL 1252, A FRATERNAL ORGANIZATION OF CATHOLIC MEN EXEMPT UNDER IRC SECTION 501(C)(8). | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK NOWLING | Director | - | $0 | - | - |
| SETH DAVIDSON | Director | - | $0 | - | - |
| KENNY MOORE | Director | - | $0 | - | - |
| MARK HANCOCK | President | - | $0 | - | - |
| MATT LEVINE | Vice President | - | $0 | - | - |
| DAVID ROSSI | Secretary/Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- 118 E Second Street Property Inc
- EIN
- 32-0332541
- Phone
- 8125222989
- Address
- PO BOX 1205, SEYMOUR, IN 47274
Signing Officer
- Name
- David Rossi
- Title
- Secretary/treasurer
- Phone
- 8125808390
- Signed
- 2025-06-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Blue & Co LLC
- Address
- 813 WEST SECOND STREET, SEYMOUR, IN 47274
- Preparer
- Thomas E Reinhart CPA
- Phone
- 8125228416
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Rental Income
“Kind and location of property: reception hall - 118 east second street, seymour, in. Amount: 21,166. Total to form 990-ez, line 14: 26,675.”
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: northwest bank savings account interest. Amount: 1.”
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 14,763. Description: other expenses. Amount: 11,912.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: licenses and fees. Amount: 75.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: deposit - sound system. Beg. Of year amount: 3,500. End of year amount: 0. Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 1,075. Description: other depreciable assets. Beg. Of year amount: 3,972. End of year amount: 12,262.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: mortgage loan. Beg. Of year amount: 22,351. End of year amount: 0. Description: deferred revenue. Beg. Of year amount: 12,000. End of year amount: 0. Description: security deposits. Beg. Of year amount: 0. End of year amount: 1,250.”
Raw XML Appendix138 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DAVID ROSSI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8125222989 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1205 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SEYMOUR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 47274 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29068 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13010 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10242 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2900 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 215743 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 192884 |
| IRS990EZ/GrossReceiptsAmt | 0 | 39892 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 21167 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 179203 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 166537 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 181392 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 191634 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 181392 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 191634 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 26675 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK NOWLING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SETH DAVIDSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KENNY MOORE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARK HANCOCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MATT LEVINE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DAVID ROSSI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | SECRETARY/TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationFiled990TInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 1 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 7472 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 13337 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 75 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION IS A 501(C)(2) TITLE HOLDING CORPORATION FOR KNIGHTS OF COLUMBUS COUNCIL 1252 (EIN 35-1081447). |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 18725 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION HOLDS TITLE TO REAL ESTATE LOCATED AT 118 EAST SECOND STREET IN SEYMOUR AND LEASES THE SAME TO KNIGHTS OF COLUMBUS COUNCIL 1252, A FRATERNAL ORGANIZATION OF CATHOLIC MEN EXEMPT UNDER IRC SECTION 501(C)(8). |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 34351 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1250 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 29650 |
| IRS990EZ/TotalRevenueAmt | 0 | 39892 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | KIND AND LOCATION OF PROPERTY: RECEPTION HALL - 118 EAST SECOND STREET, SEYMOUR, IN. AMOUNT: 21,166. TOTAL TO FORM 990-EZ, LINE 14: 26,675. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: NORTHWEST BANK SAVINGS ACCOUNT INTEREST. AMOUNT: 1. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DEPRECIATION. AMOUNT: 14,763. DESCRIPTION: OTHER EXPENSES. AMOUNT: 11,912. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: LICENSES AND FEES. AMOUNT: 75. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: DEPOSIT - SOUND SYSTEM. BEG. OF YEAR AMOUNT: 3,500. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,075. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,972. END OF YEAR AMOUNT: 12,262. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION: MORTGAGE LOAN. BEG. OF YEAR AMOUNT: 22,351. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 12,000. END OF YEAR AMOUNT: 0. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,250. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID ROSSI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8125808390 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | 118 E SECOND STREET PROPERTY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 118E |
| ReturnHeader/Filer/EIN | 0 | 320332541 |
| ReturnHeader/Filer/PhoneNum | 0 | 8125222989 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 1205 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SEYMOUR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 47274 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 351178661 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BLUE & CO LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 813 WEST SECOND STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SEYMOUR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 47274 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8125228416 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS E REINHART CPA |
| ReturnHeader/ReturnTs | 0 | 2025-06-25T14:33:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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