Civic Intelligence

Area IV Development Inc.

990 • Fiscal year 2020 • EIN 35-2048630

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 20, 2021

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

75th percentile

0.55x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

11.94x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

4th percentile

-85%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$92,363

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

60th percentile

11%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$24,594,833

Up $2,393,154 (+11%) from 2019

Net Assets

Up

$11,151,690

Up $2,075,798 (+23%) from 2019

Liabilities

Up

$13,443,143

Up $317,356 (+2.4%) from 2019

Revenue

Up

$1,125,713

Up $294,471 (+35%) from 2019

Expenses

Up

$2,084,761

Up $882,751 (+73%) from 2019

Net Income

Down

-$959,048

Down $588,280 (-159%) from 2019

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

2020

Assets$24,594,833
Liabilities$13,443,143
Net Assets$11,151,690

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

2020

Revenue$1,125,713
Expenses$2,084,761
Net Income-$959,048
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 20, 2021
Return Version
2020v4.1
Gross Receipts
$1,125,713
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$20,160,493$22,279,754▲ $2,119,261
Savings and Temporary Cash Investments$1,502,021$1,607,304▲ $105,283
Prepaid Expenses and Deferred Charges$206,255$308,752▲ $102,497
Cash and Non-Interest-Bearing Accounts$146,746$215,533▲ $68,787
Other Notes and Loans Receivable, Net$179,753$170,753▼ $9,000
Accounts Receivable$6,411$12,737▲ $6,326
Total Assets$22,201,679$24,594,833▲ $2,393,154
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,019,098$10,463,104▲ $444,006
Deferred Revenue$1,790,331$1,950,331▲ $160,000
Accounts Payable and Accrued Expenses$1,290,162$997,161▼ $293,001
Other Liabilities$26,196$32,547▲ $6,351
Total Liabilities$13,125,787$13,443,143▲ $317,356
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,075,892$11,151,690▲ $2,075,798
Total Net Assets Fund Balance$9,075,892$11,151,690▲ $2,075,798
Total Liabilities and Net Assets / Fund Balance$22,201,679$24,594,833▲ $2,393,154

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,685,255$4,249,454$18,934,709
Other Land Buildings$3,579,990$1,035,937$4,615,927
Land$3,369,643-$3,369,643
Equipment$644,866$186,604$831,470
Compensation and Service Providers

Employees

NameTitleOtherTotal
Elva JamesPresident$92,363$92,363
Julie HackerdDeputy Director Resources & Ops$68,704$68,704
Theresa BradleyController$54,682$54,682

Board Members and Trustees

NameTitle
David LahrVice President
Anne PainterDirector
Dawn LaytonDirector
Earl CoxDirector
Eric RossDirector
Gale SpryDirector
Joe RedmanDirector
Julie GutweinDirector
Sherry FischerDirector
David RosentholSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$16,000
Program Service Revenue
$1,105,529
Investment Income
$4,184
Other Revenue
$0
Change in Net Assets
$-959,048

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,125,713
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,125,713
Total Revenue per Form 990
$1,125,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,084,761
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$1,056,077--$1,056,077
Occupancy$365,697--$365,697
Fees for Services Management-$362,436-$362,436
Interest$11,140$233,506-$244,646
Other Expenses-$31,838-$31,838
Fees for Services Accounting-$14,250-$14,250
Office Expenses-$7,866-$7,866
Fees for Services Legal-$1,649-$1,649
Conferences and Meetings-$302-$302
Total Functional Expenses$1,432,914$651,847$0$2,084,761

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,084,761
Total Expenses per Audited Statements$2,084,761
Total Expenses per Form 990$2,084,761
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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$32,547
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
2021-10-20
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
10

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

Capital contributions 3,034,846.

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.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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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.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010463104
IRS990/NetAssetsOrFundBalancesBOYAmt09075892
IRS990/NetAssetsOrFundBalancesEOYAmt011151690
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09075892
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011151690
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0365697
IRS990/OccupancyGrp/TotalAmt0365697
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07866
IRS990/OfficeExpensesGrp/TotalAmt07866
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt03034846
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031838
IRS990/OtherExpensesGrp/TotalAmt031838
IRS990/OtherLiabilitiesGrp/BOYAmt026196
IRS990/OtherLiabilitiesGrp/EOYAmt032547
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0179753
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0170753
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0206255
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0308752
IRS990/PrincipalOfficerNm0ELVA JAMES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01105529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01105529
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0144000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt037232
IRS990/PYOtherExpensesAmt01202010
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0650010
IRS990/PYRevenuesLessExpensesAmt0-370768
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01202010
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0831242
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-959048
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01105529
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01502021
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01607304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0144000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0400860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0520297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01081157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03798
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt045214
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02853864
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95990
IRS990ScheduleA/PublicSupportPY170Pct00.96390
IRS990ScheduleA/PublicSupportTotal170Amt01081157
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0144000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0400860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0520297
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01081157
IRS990ScheduleA/TotalSupportAmt01126371
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014685255
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04249454
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018934709
IRS990ScheduleD/EquipmentGrp/BookValueAmt0644866
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0186604
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0831470
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02084761
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03369643
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03369643
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03579990
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01035937
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04615927
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01125713
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/TotalBookValueLandBuildingsAmt022279754
IRS990ScheduleD/TotalExpensesPerForm990Amt02084761
IRS990ScheduleD/TotalLiabilityAmt032547
IRS990ScheduleD/TotalRevenuePerForm990Amt01125713
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01125713
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02084761
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/ExplanationTxt3CAPITAL CONTRIBUTIONS 3,034,846.
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 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/EndOfYearAssetsAmt0903829
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt12861472
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt28932165
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt35626394
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt45459199
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/TotalIncomeAmt0-79538
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1-113039
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt230114
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt3-274544
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt42237062
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
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1IN

Document Assets

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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
2020Detailed filing. Detailed filing data is available for this year.$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
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$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