Civic Intelligence

118 E Second Street Property Inc

990EZ • Fiscal year 2023 • EIN 32-0332541

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 08, 2024

PO Box 1205Seymour, IN 47274

(812) 522-2989

Siviq Scores

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

Liabilities / Assets

66th percentile

0.16x

Higher debt load relative to assets than 66% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.87x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Net Margin

80th percentile

33%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • 501(c)2 • <$500k nonprofits • Source year 2023

Asset Growth

50th percentile

-1.4%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

19%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)2 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$215,743

Down $8,872 (-3.9%) from 2021

Net Assets

Up

$181,392

Up $22,753 (+14%) from 2021

Liabilities

Down

$34,351

Down $31,625 (-48%) from 2021

Revenue

Up

$39,506

Up $3,689 (+10%) from 2021

Expenses

Up

$26,309

Up $1,544 (+6.2%) from 2021

Net Income

Up

$13,197

Up $2,145 (+19%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $304,526Liabilities 2012: $180,714Net Assets 2012: $123,8122012Assets 2013: $293,100Liabilities 2013: $172,213Net Assets 2013: $120,8872013Assets 2014: $283,674Liabilities 2014: $164,095Net Assets 2014: $119,5792014Assets 2016: $262,321Liabilities 2016: $139,453Net Assets 2016: $122,8682016Assets 2017: $255,301Liabilities 2017: $127,734Net Assets 2017: $127,5672017Assets 2018: $250,540Liabilities 2018: $115,401Net Assets 2018: $135,1392018Assets 2021: $224,615Liabilities 2021: $65,976Net Assets 2021: $158,6392021Assets 2023: $215,743Liabilities 2023: $34,351Net Assets 2023: $181,3922023Assets 2024: $192,884Liabilities 2024: $1,250Net Assets 2024: $191,6342024

Highlighted filing

2023

Assets$215,743
Liabilities$34,351
Net Assets$181,392

Operations Trend

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

$40K$20K$0-$20KRevenue 2012: $19,507Expenses 2012: $23,339Net Income 2012: -$3,8322012Revenue 2013: $18,895Expenses 2013: $21,820Net Income 2013: -$2,9252013Revenue 2014: $19,553Expenses 2014: $20,861Net Income 2014: -$1,3082014Revenue 2016: $20,263Expenses 2016: $16,046Net Income 2016: $4,2172016Revenue 2017: $20,048Expenses 2017: $19,224Net Income 2017: $8242017Revenue 2018: $35,243Expenses 2018: $27,671Net Income 2018: $7,5722018Revenue 2021: $35,817Expenses 2021: $24,765Net Income 2021: $11,0522021Revenue 2023: $39,506Expenses 2023: $26,309Net Income 2023: $13,1972023Revenue 2024: $39,892Expenses 2024: $29,650Net Income 2024: $10,2422024

Highlighted filing

2023

Revenue$39,506
Expenses$26,309
Net Income$13,197
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 8, 2024
Return Version
2023v5.1
Gross Receipts
$39,506
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

DescriptionGrantsExpenses
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

NameTitleFull / Part TimeBaseOtherTotal
MARK NOWLINGDirector-$0--
PAUL KEDROWITZDirector-$0--
MARK HANCOCKPresident-$0--
MATT LEVINEVice President-$0--
DAVID ROSSISecretary/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
2024-07-08
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: 21,800. Total to form 990-ez, line 14: 23,949.

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: 13,245. Description: other expenses. Amount: 10,704.

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

Description: deposit - sound system. Beg. Of year amount: 0. End of year amount: 3,500. Description: other depreciable assets. Beg. Of year amount: 3,314. End of year amount: 3,972.

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

Description: mortgage loan. Beg. Of year amount: 38,603. End of year amount: 22,351. Description: deferred revenue. Beg. Of year amount: 12,000. End of year amount: 12,000.

Raw XML Appendix134 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID ROSSI
IRS990EZ/BooksInCareOfDetail/PhoneNum08125222989
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1205
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEYMOUR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047274
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031773
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029068
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt013197
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02360
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0218798
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0215743
IRS990EZ/GrossReceiptsAmt039506
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt021801
IRS990EZ/LandAndBuildingsGrp/BOYAmt0183711
IRS990EZ/LandAndBuildingsGrp/EOYAmt0179203
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0168195
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0181392
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0168195
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0181392
IRS990EZ/OccupancyRentUtltsAndMaintAmt023949
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK NOWLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL KEDROWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK HANCOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT LEVINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID ROSSI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationFiled990TInd01
IRS990EZ/OrganizationHadUBIInd01
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03314
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07472
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS A 501(C)(2) TITLE HOLDING CORPORATION FOR KNIGHTS OF COLUMBUS COUNCIL 1252 (EIN 35-1081447).
IRS990EZ/ProgramServiceRevenueAmt017705
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt050603
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034351
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt026309
IRS990EZ/TotalRevenueAmt039506
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIND AND LOCATION OF PROPERTY: RECEPTION HALL - 118 EAST SECOND STREET, SEYMOUR, IN. AMOUNT: 21,800. TOTAL TO FORM 990-EZ, LINE 14: 23,949.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: NORTHWEST BANK SAVINGS ACCOUNT INTEREST. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 13,245. DESCRIPTION: OTHER EXPENSES. AMOUNT: 10,704.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEPOSIT - SOUND SYSTEM. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,500. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,314. END OF YEAR AMOUNT: 3,972.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: MORTGAGE LOAN. BEG. OF YEAR AMOUNT: 38,603. END OF YEAR AMOUNT: 22,351. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 12,000. END OF YEAR AMOUNT: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID ROSSI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08125808390
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0118 E SECOND STREET PROPERTY INC
ReturnHeader/Filer/BusinessNameControlTxt0118E
ReturnHeader/Filer/EIN0320332541
ReturnHeader/Filer/PhoneNum08125222989
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1205
ReturnHeader/Filer/USAddress/CityNm0SEYMOUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047274
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351178661
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0813 WEST SECOND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEYMOUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047274
ReturnHeader/PreparerPersonGrp/PhoneNum08125228416
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E REINHART CPA
ReturnHeader/ReturnTs02024-07-11T08:34:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROSSI
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings