Civic Intelligence

Maisons Denree II Inc

990 • Fiscal year 2013 • EIN 36-3522463

Oct 01, 2012 to Sep 30, 2013 • Filed on Jul 11, 2014

16910 Frances Street No 20068130
Siviq Scores

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

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$748,739

No earlier filing loaded for comparison.

Net Assets

-$264,582

No earlier filing loaded for comparison.

Liabilities

$1,013,321

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$210,120

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2013: $748,739Liabilities 2013: $1,013,321Net Assets 2013: -$264,5822013Assets 2014: $1,381,947Liabilities 2014: $1,600,250Net Assets 2014: -$218,3032014Assets 2015: $1,265,381Liabilities 2015: $1,470,980Net Assets 2015: -$205,5992015Assets 2016: $1,254,298Liabilities 2016: $1,540,509Net Assets 2016: -$286,2112016Assets 2017: $1,225,775Liabilities 2017: $1,519,649Net Assets 2017: -$293,8742017Assets 2018: $1,208,878Liabilities 2018: $1,553,837Net Assets 2018: -$344,9592018Assets 2019: $1,174,558Liabilities 2019: $1,503,823Net Assets 2019: -$329,2652019Assets 2020: $1,109,462Liabilities 2020: $1,460,683Net Assets 2020: -$351,2212020Assets 2021: $1,030,436Liabilities 2021: $1,424,470Net Assets 2021: -$394,0342021Assets 2022: $995,461Liabilities 2022: $1,406,034Net Assets 2022: -$410,5732022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2013

Assets$748,739
Liabilities$1,013,321
Net Assets-$264,582

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2013: $210,1202013Revenue 2014: $275,473Expenses 2014: $229,194Net Income 2014: $46,2792014Revenue 2015: $243,252Expenses 2015: $239,930Net Income 2015: $3,3222015Revenue 2016: $244,259Expenses 2016: $324,871Net Income 2016: -$80,6122016Revenue 2017: $255,809Expenses 2017: $263,471Net Income 2017: -$7,6622017Revenue 2018: $248,507Expenses 2018: $299,592Net Income 2018: -$51,0852018Revenue 2019: $281,033Expenses 2019: $265,339Net Income 2019: $15,6942019Revenue 2020: $259,652Expenses 2020: $281,608Net Income 2020: -$21,9562020Revenue 2021: $262,314Expenses 2021: $305,138Net Income 2021: -$42,8242021Revenue 2022: $273,030Expenses 2022: $289,569Net Income 2022: -$16,5392022Revenue 2023: $612,870Expenses 2023: $202,297Net Income 2023: $410,5732023

Highlighted filing

2013

Revenue-
Expenses$210,120
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Jul 11, 2014
Return Version
2012v2.1
Gross Receipts
$244,217
Mission and Program Overview

Mission

The not-for-profit organization, formed under the not-for-profit statutes of the state of iowa, owns and operates a 30-unit community of accessible apartments for low income disabled veterans. The community, known as plain view apartments is located in council bluffs, iowa. The corporation is affiliated with the great plains chapter of paralyzed verterans of america. The corporation was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. The corporation has entered into a housing assistance payment contract (hap contract) with hud under the section 8 program of the national housing act, as amended. The hap contract provides assistance for all 30 units.

Filing and Contact Details

Filer

EIN
36-3522463
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue0125565
IRS990ScheduleD/InvestmentsProgramRelated/BookValue12
IRS990ScheduleD/InvestmentsProgramRelated/Description0REPLACEMENT RESERVE
IRS990ScheduleD/InvestmentsProgramRelated/Description1RESIDUAL RECEIPTS
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1C
IRS990ScheduleD/Land/BookValue071979
IRS990ScheduleD/Land/OtherCostOrOtherBasis071979
IRS990ScheduleD/OtherLiabilities/Amount07908
IRS990ScheduleD/OtherLiabilities/Description0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0244217
IRS990ScheduleD/TotalExpensesPerForm9900210120
IRS990ScheduleD/TotalOfAmounts07908
IRS990ScheduleD/TotalOfBookValueLandBuildings0581151
IRS990ScheduleD/TotalOfBookValueProgramRelated0125567
IRS990ScheduleD/TotalRevenuePerForm9900244217
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0210120
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0244217
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0MAISONS DENREE II, INC. IS MANAGED BY SELDIN CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. SELDIN CORPORATION HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED SELDIN CORPORATION TO MANAGE THE PLAIN VIEW APARTMENTS COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE AND SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERSHIP IN THE CORPORATION SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER (1) DIRECTORS OF THE GREAT PLAINS CHAPTER OF PARALYZED VETERANS OF AMERICA, OR (2) MEMBERS OF GREAT PLAINS CHAPTER OF PARALYZED VETERANS OF AMERICA, AND WHO HAVE THE APPROVAL OF THE DIRECTORS OF GREAT PLAINS CHAPTER OF PARALYZED VETERANS OF AMERICAN.
IRS990ScheduleO/GeneralExplanation/Explanation2THE DIRECTORS OF THE CORPORATION SHALL BE SELECTED BY THE MEMBERS OF THE CORPORATION FROM THE MEMBERSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation3THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation4REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE.
IRS990ScheduleO/GeneralExplanation/Explanation5THE OFFICERS AND DIRECTORS OF GREAT PLAINS PLATTE VALLEY APARTMENTS, INC. RECEIVED NO COMPENSATION FROM GREAT PLAINS PLATTE VALLEY APARTMENTS, INC. OR ANY RELATED ENTITY.
IRS990ScheduleO/GeneralExplanation/Explanation6THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation7AVERAGE NUMBER OF HOURS WORKED: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED.
IRS990ScheduleO/GeneralExplanation/Explanation8THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/GeneralExplanation/Identifier0OVERSIGHT OF AUDITING FUNCTION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6PART VII, SECTION A, LINE 1A, COLUMN B
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XII: LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1016910 FRANCES STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1116910 FRANCES STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1216910 FRANCES STREET
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0OMAHA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1OMAHA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City2OMAHA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0NE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1NE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2NE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode068130
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode168130
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode268130

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