118 E Second Street Property Inc

990EZ • Fiscal year 2017 • EIN 32-0332541

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Organization Profile N/A

PO Box 1205Seymour, IN 47274

(812) 522-2989

Siviq Scores

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

0.50x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)2 • <$500k nonprofits • Source year 2017

6.37x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)2 • <$500k nonprofits • Source year 2017

4.1%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)2 • <$500k nonprofits • Source year 2017

Higher top officer pay than 82% of similar nonprofits.

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

2017 filings • 501(c)2 • <$500k nonprofits • Source year 2017

-2.7%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)2 • <$500k nonprofits • Annualized from 2016 to 2017

-1.1%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)2 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets79th percentile

Assets

Down

$255,301

Down $7,020 (-2.7%) from 2016

Net Assets

$127,567

Up $4,699 (+3.8%) from 2016

Liabilities

Down

$127,734

Down $11,719 (-8.4%) from 2016

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin51st percentile

Revenue

Down

$20,048

Down $215 (-1.1%) from 2016

Expenses

$19,224

Up $3,178 (+20%) from 2016

Net Income

Down

$824

Down $3,393 (-80%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

Highlighted filing

2017

Assets$255,301

Liabilities$127,734

Net Assets$127,567

Open 2017 Filing

Operations Trend

Revenue Growth43rd percentile

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

Highlighted filing

2017

Revenue$20,048

Expenses$19,224

Net Income$824

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Nov 12, 2018
Return Version: 2017v2.3
Gross Receipts: $20,048

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	$19,224

Compensation and Service Providers

Top Officer Pay82nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MARK NOWLING	President	-	$0	-	-
CONRAD CALMER	Vice President	-	$0	-	-
TOM MELTON	Secretary/Treasurer	-	$0	-	-
PAUL KEDROWITZ	Director	-	$0	-	-
BOB CHINN	Director	-	$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: Mark Nowling
Title: President
Phone: 8122164081
Signed: 2018-11-12
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 - Other Investment Income

“Description: bloombank savings account interest. Amount: 3. Total to form 990-ez, line 14: 17,861.”

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 11,429. Description: other expenses. Amount: 6,432.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank check orders. Amount: 63.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: additional capital contribution from knights of columbus council 1252. Amount: 3,875.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 1,326.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: mortgage loan. Beg. Of year amount: 119,453. End of year amount: 107,734. Description: deferred revenue. Beg. Of year amount: 20,000. End of year amount: 20,000.”

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	DAVE 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	18511
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	21594
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	824
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1300
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	262321
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	255301
IRS990EZ/GrossReceiptsAmt	0	20048
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	3
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	243810
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	232381
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	122868
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	127567
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	122868
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	127567
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	17861
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/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/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/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/PersonNm	0	MARK NOWLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CONRAD CALMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	TOM MELTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	PAUL KEDROWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	BOB CHINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	1326
IRS990EZ/OtherChangesInNetAssetsAmt	0	3875
IRS990EZ/OtherExpensesTotalAmt	0	63
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	20045
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	19224
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	IN
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	139453
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	127734
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TotalExpensesAmt	0	19224
IRS990EZ/TotalProgramServiceExpensesAmt	0	19224
IRS990EZ/TotalRevenueAmt	0	20048
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: BLOOMBANK SAVINGS ACCOUNT INTEREST. AMOUNT: 3. TOTAL TO FORM 990-EZ, LINE 14: 17,861.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: DEPRECIATION. AMOUNT: 11,429. DESCRIPTION: OTHER EXPENSES. AMOUNT: 6,432.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: BANK CHECK ORDERS. AMOUNT: 63.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: ADDITIONAL CAPITAL CONTRIBUTION FROM KNIGHTS OF COLUMBUS COUNCIL 1252. AMOUNT: 3,875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,326.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	DESCRIPTION: MORTGAGE LOAN. BEG. OF YEAR AMOUNT: 119,453. END OF YEAR AMOUNT: 107,734. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 20,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
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	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MARK NOWLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8122164081
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-11-12
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/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	616E1396044059966A7C9776C4D6C985701502A9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	38.109.186.2
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ES
ReturnHeader/FilingSecurityInformation/IPTm	0	16:31:08
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	2018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	THOMAS E REINHART CPA
ReturnHeader/ReturnTs	0	2018-11-15T08:50:21-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $255,301
Liabilities: $127,734
Net assets: $127,567
Revenue: $20,048
Expenses: $19,224
Net income: $824

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.93	$0.01	$1.92	$0.40	$0.30	$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.25	$0.66	$1.59	$0.36	$0.25	$0.11
2018Detailed filing. Detailed filing data is available for this year.	$2.51	$1.15	$1.35	$0.35	$0.28	$0.08
2017Detailed filing. Detailed filing data is available for this year.	$2.55	$1.28	$1.28	$0.20	$0.19	$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.62	$1.39	$1.23	$0.20	$0.16	$0.04
2014Detailed filing. Detailed filing data is available for this year.	$2.84	$1.64	$1.20	$0.20	$0.21	$0.01
2013Detailed filing. Detailed filing data is available for this year.	$2.93	$1.72	$1.21	$0.19	$0.22	$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.05	$1.81	$1.24	$0.20	$0.23	$0.04