Civic Intelligence

Heartland Housing Inc.

990 • Fiscal year 2012 • EIN 36-3642952

Jul 01, 2011 to Jun 30, 2012 • Filed on Mar 22, 2013

208 South LaSalle Street No 181860604
Siviq Scores

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

Liabilities / Assets

25th percentile

0.06x

Higher debt load relative to assets than 25% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

68th percentile

7.3%

Faster asset growth than 68% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$23,602,431

Up $1,612,996 (+7.3%) from 2011

Net Assets

Up

$22,139,746

Up $2,845,941 (+15%) from 2011

Liabilities

Down

$1,462,685

Down $1,232,945 (-46%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,111,003

Up $20,664 (+1.9%) from 2011

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.

$100M$50M$0-$50M-$100MAssets 2010: $23,671,407Liabilities 2010: $3,858,454Net Assets 2010: $19,812,9532010Assets 2011: $21,989,435Liabilities 2011: $2,695,630Net Assets 2011: $19,293,8052011Assets 2012: $23,602,431Liabilities 2012: $1,462,685Net Assets 2012: $22,139,7462012Assets 2013: $30,794,164Liabilities 2013: $4,660,897Net Assets 2013: $26,133,2672013Assets 2014: $32,785,144Liabilities 2014: $5,811,314Net Assets 2014: $26,973,8302014Assets 2015: $35,641,037Liabilities 2015: $7,066,300Net Assets 2015: $28,574,7372015Assets 2016: $40,749,543Liabilities 2016: $1,526,316Net Assets 2016: $39,223,2272016Assets 2017: $41,343,397Liabilities 2017: $1,794,537Net Assets 2017: $39,548,8602017Assets 2018: $49,103,335Liabilities 2018: $2,231,457Net Assets 2018: $46,871,8782018Assets 2019: $58,001,709Liabilities 2019: $2,167,275Net Assets 2019: $55,834,4342019Assets 2020: $60,199,671Liabilities 2020: -$76,242Net Assets 2020: $60,275,9132020Assets 2021: $62,362,364Liabilities 2021: -$30,229Net Assets 2021: $62,392,5932021Assets 2022: $62,964,341Liabilities 2022: -$275,756Net Assets 2022: $63,240,0972022Assets 2023: -$9,704,339Liabilities 2023: $84,611,655Net Assets 2023: -$94,315,9942023Assets 2024: $0Liabilities 2024: $74,485,618Net Assets 2024: -$74,485,6182024

Highlighted filing

2012

Assets$23,602,431
Liabilities$1,462,685
Net Assets$22,139,746

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,091,6142010Expenses 2011: $1,090,3392011Expenses 2012: $1,111,0032012Expenses 2013: $1,664,7742013Revenue 2014: $3,751,254Expenses 2014: $2,910,691Net Income 2014: $840,5632014Revenue 2015: $4,753,011Expenses 2015: $3,931,866Net Income 2015: $821,1452015Revenue 2016: $12,913,682Expenses 2016: $4,356,816Net Income 2016: $8,556,8662016Revenue 2017: $5,361,739Expenses 2017: $5,036,106Net Income 2017: $325,6332017Revenue 2018: $12,774,338Expenses 2018: $5,451,320Net Income 2018: $7,323,0182018Revenue 2019: $12,844,783Expenses 2019: $3,774,500Net Income 2019: $9,070,2832019Revenue 2020: $8,424,155Expenses 2020: $3,982,671Net Income 2020: $4,441,4842020Revenue 2021: $6,250,781Expenses 2021: $4,134,099Net Income 2021: $2,116,6822021Revenue 2022: $4,305,004Expenses 2022: $3,457,500Net Income 2022: $847,5042022Revenue 2023: $2,522,693Expenses 2023: $3,224,112Net Income 2023: -$701,4192023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2012

Revenue-
Expenses$1,111,003
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Mar 22, 2013
Return Version
2011v1.5
Gross Receipts
$5,504,676
Mission and Program Overview

Mission

Heartland Housing is a community housing development organization which facilitates the development of people through the preservation and creation of affordable and supportive housing with the priority of meeting the needs of homeless persons and families, very low income individuals and persons with chronic disabilities.

Filing and Contact Details

Filer

EIN
36-3642952
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IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue0341249
IRS990ScheduleD/Buildings/Depreciation02453
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0343702
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, Heartland Housing, Inc. may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of Heartland Housing, Inc., and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. Management has determined that there are no uncertain tax positions during the reporting periods covered by these financial statements. Heartland Housing, Inc. is generally no longer subject to examination by the Internal Revenue Service for tax years before 2009.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0Part X:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue015956736
IRS990ScheduleD/InvestmentsProgramRelated/Description0Receivables Due from Limited Partnerships
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/OtherAssets/BookValue0248637
IRS990ScheduleD/OtherAssets/BookValue16068116
IRS990ScheduleD/OtherAssets/Description0Interagency Balance
IRS990ScheduleD/OtherAssets/Description1Residual Interest in Note Collateral
IRS990ScheduleD/OtherLiabilities/Amount016732
IRS990ScheduleD/OtherLiabilities/Description0Unapplied Cash Receipts

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.$0.00$74.5$74.5$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$9.70$84.6$94.3$2.52$3.22$0.70
2022Detailed filing. Detailed filing data is available for this year.$63.0$0.28$63.2$4.31$3.46$0.85
2021Detailed filing. Detailed filing data is available for this year.$62.4$0.03$62.4$6.25$4.13$2.12
2020Detailed filing. Detailed filing data is available for this year.$60.2$0.08$60.3$8.42$3.98$4.44
2019Detailed filing. Detailed filing data is available for this year.$58.0$2.17$55.8$12.8$3.77$9.07
2018Detailed filing. Detailed filing data is available for this year.$49.1$2.23$46.9$12.8$5.45$7.32
2017Detailed filing. Detailed filing data is available for this year.$41.3$1.79$39.5$5.36$5.04$0.33
2016Detailed filing. Detailed filing data is available for this year.$40.7$1.53$39.2$12.9$4.36$8.56
2015Detailed filing. Detailed filing data is available for this year.$35.6$7.07$28.6$4.75$3.93$0.82
2014Detailed filing. Detailed filing data is available for this year.$32.8$5.81$27.0$3.75$2.91$0.84
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$4.66$26.1$1.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$1.46$22.1$1.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$2.70$19.3$1.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$3.86$19.8$2.09