Civic Intelligence

Area IV Development Inc.

990 • Fiscal year 2018 • EIN 35-2048630

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

660 North 36th StreetLafayette, IN 47903

(765) 447-7683

Siviq Scores

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

Liabilities / Assets

54th percentile

0.26x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

4.72x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

3rd percentile

-97%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

99th percentile

278%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

126%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$11,531,619

Up $8,478,576 (+278%) from 2017

Net Assets

Up

$8,554,609

Up $6,799,701 (+387%) from 2017

Liabilities

Up

$2,977,010

Up $1,678,875 (+129%) from 2017

Revenue

Up

$630,145

Up $351,426 (+126%) from 2017

Expenses

Up

$1,244,031

Up $1,194,756 (+2425%) from 2017

Net Income

Down

-$613,886

Down $843,330 (-368%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $1,444,577Liabilities 2010: $1,285,089Net Assets 2010: $159,4882010Assets 2011: $1,486,936Liabilities 2011: $1,284,278Net Assets 2011: $202,6582011Assets 2012: $1,530,800Liabilities 2012: $1,269,491Net Assets 2012: $261,3092012Assets 2013: $1,560,970Liabilities 2013: $1,237,690Net Assets 2013: $323,2802013Assets 2014: $1,597,125Liabilities 2014: $1,191,350Net Assets 2014: $405,7752014Assets 2015: $2,613,851Liabilities 2015: $1,906,710Net Assets 2015: $707,1412015Assets 2016: $3,227,051Liabilities 2016: $1,701,587Net Assets 2016: $1,525,4642016Assets 2017: $3,053,043Liabilities 2017: $1,298,135Net Assets 2017: $1,754,9082017Assets 2018: $11,531,619Liabilities 2018: $2,977,010Net Assets 2018: $8,554,6092018Assets 2019: $22,201,679Liabilities 2019: $13,125,787Net Assets 2019: $9,075,8922019Assets 2020: $24,594,833Liabilities 2020: $13,443,143Net Assets 2020: $11,151,6902020Assets 2021: $23,497,239Liabilities 2021: $6,262,357Net Assets 2021: $17,234,8822021Assets 2022: $22,305,697Liabilities 2022: $5,908,406Net Assets 2022: $16,397,2912022Assets 2023: $21,329,911Liabilities 2023: $5,854,581Net Assets 2023: $15,475,3302023Assets 2024: $27,401,443Liabilities 2024: $11,631,299Net Assets 2024: $15,770,1442024

Highlighted filing

2018

Assets$11,531,619
Liabilities$2,977,010
Net Assets$8,554,609

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $171,1982010Expenses 2011: $196,9542011Expenses 2012: $172,3802012Revenue 2013: $140,354Expenses 2013: $78,383Net Income 2013: $61,9712013Revenue 2014: $141,649Expenses 2014: $59,154Net Income 2014: $82,4952014Revenue 2015: $134,972Expenses 2015: $35,431Net Income 2015: $99,5412015Revenue 2016: $814,416Expenses 2016: $41,093Net Income 2016: $773,3232016Revenue 2017: $278,719Expenses 2017: $49,275Net Income 2017: $229,4442017Revenue 2018: $630,145Expenses 2018: $1,244,031Net Income 2018: -$613,8862018Revenue 2019: $831,242Expenses 2019: $1,202,010Net Income 2019: -$370,7682019Revenue 2020: $1,125,713Expenses 2020: $2,084,761Net Income 2020: -$959,0482020Revenue 2021: $1,868,060Expenses 2021: $2,503,636Net Income 2021: -$635,5762021Revenue 2022: $1,143,459Expenses 2022: $2,105,219Net Income 2022: -$961,7602022Revenue 2023: $1,230,068Expenses 2023: $2,134,471Net Income 2023: -$904,4032023Revenue 2024: $1,579,867Expenses 2024: $2,331,089Net Income 2024: -$751,2222024

Highlighted filing

2018

Revenue$630,145
Expenses$1,244,031
Net Income-$613,886
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$630,145
Mission and Program Overview

Mission

Provide community economic development and affordable housing

Provide community economic development and affordable housing projects that will directly benefit low and moderate income persons, older adults physically and mentally disabled persons, homeless persons and special needs populations in mid-northwestern indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$9,913,447▲ $9,913,447
Savings and Temporary Cash Investments$207,604$1,118,348▲ $910,744
Other Notes and Loans Receivable, Net$2,009,636$204,844▼ $1,804,792
Prepaid Expenses and Deferred Charges$0$164,459▲ $164,459
Cash and Non-Interest-Bearing Accounts$267,949$125,113▼ $142,836
Accounts Receivable$0$5,408▲ $5,408
Total Assets$3,053,043$11,531,619▲ $8,478,576
Other Assets Total$567,854$0▼ $567,854
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$1,449,000▲ $1,449,000
Deferred Revenue$1,290,331$1,290,331→ $0
Accounts Payable and Accrued Expenses$7,804$211,533▲ $203,729
Other Liabilities$0$26,146▲ $26,146
Total Liabilities$1,298,135$2,977,010▲ $1,678,875
Net Assets / Fund Balance
Unrestricted Net Assets$1,754,908$8,554,609▲ $6,799,701
Total Net Assets Fund Balance$1,754,908$8,554,609▲ $6,799,701
Total Liabilities and Net Assets / Fund Balance$3,053,043$11,531,619▲ $8,478,576

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,050,814$3,622,930$11,673,744
Equipment$723,313$325,496$1,048,809
Land$673,630-$673,630
Other Land Buildings$465,690-$465,690
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elva JamesPresident
David LahrVice President
Julie HackerdDeputy Director Resources & Operations
Ann BrownDirector
Ann HuntDirector
Anne PainterDirector
Dawn LaytonDirector
Earl CoxDirector
Eric RossDirector
Gale SpryDirector
Gayle GothridgeDirector
Julie GutweinDirector
David RosenthalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$621,775
Investment Income
$3,798
Other Revenue
$4,572
Change in Net Assets
$-613,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$630,145
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,762
Total Revenue per Audited Statements
$635,907
Total Revenue per Form 990
$630,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,244,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$480,977--$480,977
Occupancy$225,925--$225,925
Fees for Services Other$175,298--$175,298
Insurance$103,069--$103,069
Office Expenses$52,898$45,396-$98,294
Interest-$87,722-$87,722
Conferences and Meetings$27,436--$27,436
Other Expenses-$17,128-$17,128
Fees for Services Legal-$13,657-$13,657
Fees for Services Management-$7,525-$7,525
Fees for Services Accounting-$7,000-$7,000
Total Functional Expenses$1,065,603$178,428$0$1,244,031

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,249,793
Expenses per Audited Statements$1,244,031
Total Expenses per Form 990$1,244,031
Expenses Not Reported on Form 990$5,762
Expenses Not Reported on Financial Statements$0
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
Security Deposits$26,146
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11B

The form 990 is reviewed by the executive director and deputy director, resources & operations before it is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All members of the board of directors review and sign the conflict of interest policy annually and make note of any conflicts on that form. When a potential conflict of interest does exist a member of the board must recuse him or herself from all participation in the matter, i.e. From discussing, questioning, commenting and voting on that specific matter. Board members who are found to be in violation of this policy shall be under the authority of the executive board and the by-laws of the agency.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Area Iv Development Inc
EIN
35-2048630
Phone
7654477683
Address
660 NORTH 36TH STREET, LAFAYETTE, IN 47903

Signing Officer

Name
Elva James
Title
President
Phone
7654477683
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elva James
Formed
1998
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
11

Preparer

Firm
Wipfli Llp
Address
PO BOX 8700, MADISON, WI 53708-8700
Preparer
John Hemming
Phone
6082741980
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other contract fees: program service expenses 175,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 175,298.

FORM 990, PART XI, LINE 9:

Noncontrolling interest aquired during the year 630,010. Noncontrolling interest sold during the year -132,733.

Financial Statement Notes

PART X, LINE 2:

The organization is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The organization has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

Raw XML AppendixShowing 400 of 559 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07804
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0211533
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt05408
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE COMMUNITY ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROJECTS THAT WILL DIRECTLY BENEFIT LOW AND MODERATE INCOME PERSONS, OLDER ADULTS PHYSICALLY AND MENTALLY DISABLED PERSONS, HOMELESS PERSONS AND SPECIAL NEEDS POPULATIONS IN MID-NORTHWESTERN INDIANA.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JULIE HACKERD
IRS990/BooksInCareOfDetail/PhoneNum07654477683
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0660 NORTH 36TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAFAYETTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047903
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0267949
IRS990/CashNonInterestBearingGrp/EOYAmt0125113
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt027436
IRS990/ConferencesMeetingsGrp/TotalAmt027436
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03798
IRS990/CYOtherExpensesAmt01244031
IRS990/CYOtherRevenueAmt04572
IRS990/CYProgramServiceRevenueAmt0621775
IRS990/CYRevenuesLessExpensesAmt0-613886
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01244031
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0630145
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01290331
IRS990/DeferredRevenueGrp/EOYAmt01290331
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0480977
IRS990/DepreciationDepletionGrp/TotalAmt0480977
IRS990/Desc0HOUSING - IN 2018, AREA IV DEVELOPMENT, INC. VERIFIED COMPLIANCE ON CURRENT PROJECT AND RECEIVED APPROVAL FOR TWO NEW PROJECTS. THE FIRST NEW INNOVATIVE PROJECT IS WITH ENERGY EFFICIENCY AND TRAINING, INCLUDING ON-SITE SERVICES IN LAFAYETTE. THE SECOND NEW PROJECT IS A MULTI-GENERATIONAL UNIT IN OTTERBEIN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01065603
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07000
IRS990/FeesForServicesAccountingGrp/TotalAmt07000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt013657
IRS990/FeesForServicesLegalGrp/TotalAmt013657
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07525
IRS990/FeesForServicesManagementGrp/TotalAmt07525
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0175298
IRS990/FeesForServicesOtherGrp/TotalAmt0175298
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0ANN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm1EARL COX
IRS990/Form990PartVIISectionAGrp/PersonNm2GAYLE GOTHRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3JULIE GUTWEIN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANN HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm5DAWN LAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm6ANNE PAINTER
IRS990/Form990PartVIISectionAGrp/PersonNm7ERIC ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm8GALE SPRY
IRS990/Form990PartVIISectionAGrp/PersonNm9ELVA JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID LAHR
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID ROSENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm12JULIE HACKERD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DEPUTY DIR. RESOURCES & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0630145
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0103069
IRS990/InsuranceGrp/TotalAmt0103069
IRS990/InterestGrp/ManagementAndGeneralAmt087722
IRS990/InterestGrp/TotalAmt087722
IRS990/InvestmentIncomeGrp/ExclusionAmt03798
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03798
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03948426
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09913447
IRS990/LandBldgEquipCostOrOtherBssAmt013861873
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt04572
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04572
IRS990/MissionDesc0THE MISSION OF AREA IV DEVELOPMENT, INC. IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROJECTS THAT WILL DIRECTLY BENEFIT LOW AND MODERATE INCOME PERSONS, OLDER ADULTS PHYSICALLY AND MENTALLY DISABLED PERSONS, HOMELESS PERSONS AND SPECIAL NEEDS POPULATIONS IN MID-NORTHWESTERN INDIANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01449000
IRS990/NetAssetsOrFundBalancesBOYAmt01754908
IRS990/NetAssetsOrFundBalancesEOYAmt08554609
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0225925
IRS990/OccupancyGrp/TotalAmt0225925
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045396
IRS990/OfficeExpensesGrp/ProgramServicesAmt052898
IRS990/OfficeExpensesGrp/TotalAmt098294
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0567854
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0497277
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017128
IRS990/OtherExpensesGrp/TotalAmt017128
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt026146
IRS990/OtherRevenueTotalAmt04572
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02009636
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0204844
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0164459
IRS990/PrincipalOfficerNm0ELVA JAMES
IRS990/PriorPeriodAdjustmentsAmt06916310
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0621775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0621775
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0400860
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-300000
IRS990/PYOtherExpensesAmt049275
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0177859
IRS990/PYRevenuesLessExpensesAmt0229444
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt049275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0278719
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-613886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0621775
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0207604
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01118348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0400860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0520297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt031210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0981393
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03798
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03798
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01401192
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99610
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0981393
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0400860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0520297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt031210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029026
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0981393
IRS990ScheduleA/TotalSupportAmt0985191
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08050814
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03622930
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011673744
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt05762
IRS990ScheduleD/DonatedServicesUseFcltsAmt05762
IRS990ScheduleD/EquipmentGrp/BookValueAmt0723313
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0325496
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01048809
IRS990ScheduleD/ExpensesNotReportedAmt05762
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01244031
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0673630
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0673630
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0465690
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0465690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt05762
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0630145
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09913447
IRS990ScheduleD/TotalExpensesPerForm990Amt01244031
IRS990ScheduleD/TotalLiabilityAmt026146
IRS990ScheduleD/TotalRevenuePerForm990Amt0630145
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0635907
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01249793
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND DEPUTY DIRECTOR, RESOURCES & OPERATIONS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD OF DIRECTORS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND MAKE NOTE OF ANY CONFLICTS ON THAT FORM. WHEN A POTENTIAL CONFLICT OF INTEREST DOES EXIST A MEMBER OF THE BOARD MUST RECUSE HIM OR HERSELF FROM ALL PARTICIPATION IN THE MATTER, I.E. FROM DISCUSSING, QUESTIONING, COMMENTING AND VOTING ON THAT SPECIFIC MATTER. BOARD MEMBERS WHO ARE FOUND TO BE IN VIOLATION OF THIS POLICY SHALL BE UNDER THE AUTHORITY OF THE EXECUTIVE BOARD AND THE BY-LAWS OF THE AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER CONTRACT FEES: PROGRAM SERVICE EXPENSES 175,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,298.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NONCONTROLLING INTEREST AQUIRED DURING THE YEAR 630,010. NONCONTROLLING INTEREST SOLD DURING THE YEAR -132,733.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0AREA IV DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1AREA IV DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2AREA IV DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3AREA IV DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt4AREA IV DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FRANKFORT PLACE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1WATER TOWER PLACE IV SENIORS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2H38 EAST APARTMENTS GP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3CANAL COMMONS GP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4OTTERBEIN COMMONS GP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0352056030
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1205522140
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2352048630
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3465065360
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN4824761123
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0729180
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt13040433
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt36194265
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt4839716
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt4REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0198357
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1174902
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt3264703
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt40
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0660 NORTH 36TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1660 NORTH 36TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt2660 NORTH 36TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt3660 NORTH 36TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt4660 NORTH 36TH STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0LAFAYETTE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1LAFAYETTE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2LAFAYETTE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm3LAFAYETTE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm4LAFAYETTE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$11.6$15.8$1.58$2.33$0.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$5.85$15.5$1.23$2.13$0.90
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$5.91$16.4$1.14$2.11$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$6.26$17.2$1.87$2.50$0.64
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$13.4$11.2$1.13$2.08$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$13.1$9.08$0.83$1.20$0.37
2018Detailed filing. Detailed filing data is available for this year.$11.5$2.98$8.55$0.63$1.24$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.05$1.30$1.75$0.28$0.05$0.23
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$1.70$1.53$0.81$0.04$0.77
2015Detailed filing. Detailed filing data is available for this year.$2.61$1.91$0.71$0.13$0.04$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.60$1.19$0.41$0.14$0.06$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.56$1.24$0.32$0.14$0.08$0.06
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$1.27$0.26$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$1.28$0.20$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$1.29$0.16$0.17