Civic Intelligence

Wells Homeowners Association Inc

EIN 35-1938998 • 501(c)12 • Peru, IN

Profile

To provide subdivision residents with water service.

PO Box 1034Peru, IN 46970

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

8.9%

Faster asset growth than 74% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.3%

Faster revenue growth than 59% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$57,232

Up $4,684 (+8.9%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$57,232

Up $4,684 (+8.9%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin79th percentile

Revenue

Up

$18,194

Up $923 (+5.3%) from 2023

Expenses

Down

$13,510

Down $1,092 (-7.5%) from 2023

Net Income

Up

$4,684

Up $2,015 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2010: $48,330Net Assets 2010: $48,3302010Assets 2011: $51,252Net Assets 2011: $51,2522011Assets 2012: $54,326Net Assets 2012: $54,3262012Assets 2013: $54,136Liabilities 2013: $921Net Assets 2013: $53,2152013Assets 2014: $54,348Liabilities 2014: $921Net Assets 2014: $53,4272014Assets 2015: $53,885Liabilities 2015: $921Net Assets 2015: $52,9642015Assets 2016: $53,336Liabilities 2016: $921Net Assets 2016: $52,4152016Assets 2017: $57,580Liabilities 2017: $922Net Assets 2017: $56,6582017Assets 2018: $56,855Liabilities 2018: $919Net Assets 2018: $55,9362018Assets 2019: $48,879Liabilities 2019: $922Net Assets 2019: $47,9572019Assets 2020: $47,267Liabilities 2020: $921Net Assets 2020: $46,3462020Assets 2021: $55,596Liabilities 2021: $921Net Assets 2021: $54,6752021Assets 2022: $51,113Liabilities 2022: $1,234Net Assets 2022: $49,8792022Assets 2023: $52,548Net Assets 2023: $52,5482023Assets 2024: $57,232Net Assets 2024: $57,2322024

Highlighted filing

2024

Assets$57,232
Liabilities-
Net Assets$57,232
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2010: $12,069Expenses 2010: $13,863Net Income 2010: -$1,7942010Revenue 2011: $12,769Expenses 2011: $9,847Net Income 2011: $2,9222011Revenue 2012: $12,795Expenses 2012: $9,721Net Income 2012: $3,0742012Revenue 2013: $13,293Expenses 2013: $14,404Net Income 2013: -$1,1112013Revenue 2014: $13,120Expenses 2014: $12,908Net Income 2014: $2122014Revenue 2015: $12,384Expenses 2015: $12,847Net Income 2015: -$4632015Revenue 2016: $13,190Expenses 2016: $13,739Net Income 2016: -$5492016Revenue 2017: $14,060Expenses 2017: $9,817Net Income 2017: $4,2432017Revenue 2018: $13,560Expenses 2018: $14,283Net Income 2018: -$7232018Revenue 2019: $13,435Expenses 2019: $21,412Net Income 2019: -$7,9772019Revenue 2020: $15,124Expenses 2020: $16,736Net Income 2020: -$1,6122020Revenue 2021: $19,530Expenses 2021: $11,201Net Income 2021: $8,3292021Revenue 2022: $16,581Expenses 2022: $21,377Net Income 2022: -$4,7962022Revenue 2023: $17,271Expenses 2023: $14,602Net Income 2023: $2,6692023Revenue 2024: $18,194Expenses 2024: $13,510Net Income 2024: $4,6842024

Highlighted filing

2024

Revenue$18,194
Expenses$13,510
Net Income$4,684
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,232
Liabilities
-
Net assets
$57,232
Revenue
$18,194
Expenses
$13,510
Net income
$4,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.2$57.2$18.2$13.5$4.68
2023Detailed filing. Detailed filing data is available for this year.$52.5$52.5$17.3$14.6$2.67
2022Detailed filing. Detailed filing data is available for this year.$51.1$1.23$49.9$16.6$21.4$4.80
2021Detailed filing. Detailed filing data is available for this year.$55.6$0.92$54.7$19.5$11.2$8.33
2020Detailed filing. Detailed filing data is available for this year.$47.3$0.92$46.3$15.1$16.7$1.61
2019Detailed filing. Detailed filing data is available for this year.$48.9$0.92$48.0$13.4$21.4$7.98
2018Detailed filing. Detailed filing data is available for this year.$56.9$0.92$55.9$13.6$14.3$0.72
2017Detailed filing. Detailed filing data is available for this year.$57.6$0.92$56.7$14.1$9.82$4.24
2016Detailed filing. Detailed filing data is available for this year.$53.3$0.92$52.4$13.2$13.7$0.55
2015Detailed filing. Detailed filing data is available for this year.$53.9$0.92$53.0$12.4$12.8$0.46
2014Detailed filing. Detailed filing data is available for this year.$54.3$0.92$53.4$13.1$12.9$0.21
2013Detailed filing. Detailed filing data is available for this year.$54.1$0.92$53.2$13.3$14.4$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.3$54.3$12.8$9.72$3.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.3$51.3$12.8$9.85$2.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.3$48.3$12.1$13.9$1.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.0
Gross Receipts
$18,194
Mission and Program Overview

Mission

To provide subdivision residents with water service.

Program Services

DescriptionGrantsExpenses
WATER ASSETS REPAIRED AND IMPROVED; MONTHLY WATER SERVICE PROVIDED TO SUBDIVISION RESIDENTS--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WAYNE BRUMBAUGHPresident-$0--
JUSTIN MCGEEVice Preside-$0--
GENNY WEAVERTreasurer-$0--
CHARLIE WELLSBoard Member-$0--
BOB RHODESBoard Member-$0--
STEVE SALAZARBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Wells Homeowners Association Inc
EIN
35-1938998
Phone
7654731718
Address
PO BOX 1034, PERU, IN 46970

Signing Officer

Name
Wayne Brumbaugh
Title
President
Signed
2025-04-16
Discuss with paid preparer
Yes

Preparer

Firm
REA LOGAN & CO LLC CPA'S
Address
825 N BROADWAY, PERU, IN 46970-1618
Preparer
Alan Smith CPA
Phone
7654738840
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 1,407 testing expenses 3,292 bank fees 145 postage and delivery 70 repairs and maintenance 1,579 office supplies 232 utility operations tax 350 non-investment depreciation 1,159 total 8,234”

Form 990-ez, Part II, Line 24

“Building and equipment 87,645 87,645 less accumulated depreciation 81,348 82,509 total 6,297 5,136”

Raw XML Appendix107 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GENNY WEAVER
IRS990EZ/BooksInCareOfDetail/PhoneNum07658604753
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1034
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PERU
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046970
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046251
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052096
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04684
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0970
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt052548
IRS990EZ/Form990TotalAssetsGrp/EOYAmt057232
IRS990EZ/GrossReceiptsAmt018194
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0799
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052548
IRS990EZ/NetAssetsOrFundBalancesEOYAmt057232
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052548
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt057232
IRS990EZ/OccupancyRentUtltsAndMaintAmt04306
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WAYNE BRUMBAUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN MCGEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GENNY WEAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLIE WELLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BOB RHODES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5STEVE SALAZAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06297
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05136
IRS990EZ/OtherExpensesTotalAmt08234
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUBDIVISION RESIDENTS WITH WATER SERVICE.
IRS990EZ/ProgramServiceRevenueAmt017395
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WATER ASSETS REPAIRED AND IMPROVED; MONTHLY WATER SERVICE PROVIDED TO SUBDIVISION RESIDENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013510
IRS990EZ/TotalRevenueAmt018194
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 1,407 TESTING EXPENSES 3,292 BANK FEES 145 POSTAGE AND DELIVERY 70 REPAIRS AND MAINTENANCE 1,579 OFFICE SUPPLIES 232 UTILITY OPERATIONS TAX 350 NON-INVESTMENT DEPRECIATION 1,159 TOTAL 8,234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUILDING AND EQUIPMENT 87,645 87,645 LESS ACCUMULATED DEPRECIATION 81,348 82,509 TOTAL 6,297 5,136
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE BRUMBAUGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLS HOMEOWNERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0351938998
ReturnHeader/Filer/PhoneNum07654731718
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1034
ReturnHeader/Filer/USAddress/CityNm0PERU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046970
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261194602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REA LOGAN & CO LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0825 N BROADWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PERU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0469701618
ReturnHeader/PreparerPersonGrp/PhoneNum07654738840
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN SMITH CPA
ReturnHeader/ReturnTs02025-04-23T09:20:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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