Civic Intelligence

Residential Facilities Corporation

EIN 36-3682153 • 501(c)3 • Galesburg, IL

Profile

To provide housing to the elderly and the disabled.

2323 N Windish DriveGalesburg, IL 61401

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

2.86x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

3.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

54th percentile

3.7%

Higher net margin than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

33rd percentile

-16%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$265,821

Down $3,976 (-1.5%) from 2023

Liabilities

Down

$737,024

Down $23,049 (-3.0%) from 2023

Net Assets

Up

-$471,203

Up $19,073 (+3.9%) from 2023

Revenue

Up

$204,999

Up $8,818 (+4.5%) from 2023

Expenses

Down

$185,926

Down $4,079 (-2.1%) from 2023

Net Income

Up

$19,073

Up $12,897 (+209%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2011: $490,436Liabilities 2011: $840,137Net Assets 2011: -$349,7012011Assets 2012: $470,999Liabilities 2012: $836,234Net Assets 2012: -$365,2352012Assets 2013: $438,672Liabilities 2013: $820,520Net Assets 2013: -$381,8482013Assets 2014: $410,974Liabilities 2014: $815,221Net Assets 2014: -$404,2472014Assets 2015: $377,407Liabilities 2015: $803,000Net Assets 2015: -$425,5932015Assets 2016: $341,206Liabilities 2016: $808,627Net Assets 2016: -$467,4212016Assets 2017: $258,527Liabilities 2017: $747,488Net Assets 2017: -$488,9612017Assets 2018: $225,758Liabilities 2018: $739,517Net Assets 2018: -$513,7592018Assets 2019: $320,898Liabilities 2019: $825,175Net Assets 2019: -$504,2772019Assets 2020: $278,957Liabilities 2020: $755,581Net Assets 2020: -$476,6242020Assets 2021: $316,834Liabilities 2021: $820,532Net Assets 2021: -$503,6982021Assets 2022: $266,491Liabilities 2022: $762,943Net Assets 2022: -$496,4522022Assets 2023: $269,797Liabilities 2023: $760,073Net Assets 2023: -$490,2762023Assets 2024: $265,821Liabilities 2024: $737,024Net Assets 2024: -$471,2032024

Highlighted filing

2024

Assets$265,821
Liabilities$737,024
Net Assets-$471,203

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $187,8992011Expenses 2012: $187,9422012Expenses 2013: $191,4642013Revenue 2014: $170,581Expenses 2014: $192,980Net Income 2014: -$22,3992014Revenue 2015: $171,935Expenses 2015: $193,281Net Income 2015: -$21,3462015Revenue 2016: $156,576Expenses 2016: $198,404Net Income 2016: -$41,8282016Revenue 2017: $166,755Expenses 2017: $188,295Net Income 2017: -$21,5402017Revenue 2018: $188,532Expenses 2018: $213,330Net Income 2018: -$24,7982018Revenue 2019: $204,350Expenses 2019: $194,868Net Income 2019: $9,4822019Revenue 2020: $207,413Expenses 2020: $179,760Net Income 2020: $27,6532020Revenue 2021: $160,175Expenses 2021: $187,249Net Income 2021: -$27,0742021Revenue 2022: $194,551Expenses 2022: $187,305Net Income 2022: $7,2462022Revenue 2023: $196,181Expenses 2023: $190,005Net Income 2023: $6,1762023Revenue 2024: $204,999Expenses 2024: $185,926Net Income 2024: $19,0732024

Highlighted filing

2024

Revenue$204,999
Expenses$185,926
Net Income$19,073

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$7.37$4.71$2.05$1.86$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$7.60$4.90$1.96$1.90$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$7.63$4.96$1.95$1.87$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$8.21$5.04$1.60$1.87$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$7.56$4.77$2.07$1.80$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$8.25$5.04$2.04$1.95$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$7.40$5.14$1.89$2.13$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$7.47$4.89$1.67$1.88$0.22
2016Detailed filing. Detailed filing data is available for this year.$3.41$8.09$4.67$1.57$1.98$0.42
2015Detailed filing. Detailed filing data is available for this year.$3.77$8.03$4.26$1.72$1.93$0.21
2014Detailed filing. Detailed filing data is available for this year.$4.11$8.15$4.04$1.71$1.93$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$8.21$3.82$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$8.36$3.65$1.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$8.40$3.50$1.88
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 10, 2022
Return Version
2020v4.1
Gross Receipts
$160,175
Mission and Program Overview

Mission

To provide housing to the elderly and the disabled.

To provide housing to elderly and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$201,152$224,929▲ $23,777
Prepaid Expenses and Deferred Charges$14,137$13,889▼ $248
Cash and Non-Interest-Bearing Accounts$17,992$2,024▼ $15,968
Accounts Receivable-$98-
Total Assets$278,957$316,834▲ $37,877
Other Assets Total$45,676$75,894▲ $30,218
Liabilities
Mortgage Notes Payable Secured by Investment Property$678,076$662,580▼ $15,496
Accounts Payable and Accrued Expenses$73,979$153,961▲ $79,982
Other Liabilities$3,526$3,991▲ $465
Total Liabilities$755,581$820,532▲ $64,951
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-476,624$-503,698▼ $27,074
Total Net Assets Fund Balance$-476,624$-503,698▼ $27,074
Total Liabilities and Net Assets / Fund Balance$278,957$316,834▲ $37,877

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$180,643$879,689$1,060,332
Land$43,000-$43,000
Other Land Buildings$0$29,553$29,553
Equipment$1,286$22,417$23,703
Other Assets Org$47,452--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David GarnerChairman
William NelsonCEO/president
Steve TibbittsVice Chairman
Chris ButcherBoard Member
Jason DuncanBoard Member
Jim GrayBoard Member
Wayne AllenBoard Member
Jennifer DaltonSecretary
Staci DannerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$158,928
Investment Income
$8
Other Revenue
$1,239
Change in Net Assets
$-27,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$160,175
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$160,175
Total Revenue per Form 990
$160,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$170,698
Salaries, Compensation, and Employee Benefits$16,551
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$42,331--$42,331
Other Salaries and Wages$13,171$3,380-$16,551
Occupancy$16,013--$16,013
Insurance$15,181--$15,181
Depreciation Depletion$13,992--$13,992
Fees for Services Management-$11,167-$11,167
Fees for Services Accounting-$11,059-$11,059
Office Expenses-$2,321-$2,321
Other Expenses$272$243-$243
Total Functional Expenses$159,079$28,170$0$187,249

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$187,249
Total Expenses per Audited Statements$187,249
Total Expenses per Form 990$187,249
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Organizations Listed in Part D BeloOfficers of This Organization Are Officers of Organizations Listed BelowTHE AMOUNT DISCLOSED INCLUDES THE AMOUNT OWED FROM THIS ORGANIZATION TO THE LISTED ORGANIZATIONS AT YEAR-END AND THE EXPENSE PAID/INCURRED TO THESE ORGANIZATIONS DURING THE CURRENT YEAR.AMOUNT DUE AT 6/30/2021 TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS, LLC: MAINTENANCE FEE = $16,820 MANAGEMENT SALARY = $37,410 OTHER = $23,640 TOTAL = $77,870EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS LLC: MANAGEMENT AGREEMENT = $11,167 MAINTENANCE CONTRACT = $ 6,960 BOOKKEEPING FEES = $ 3,240 SALARY REIMBURSEMENT = $16,551 CLEANING EXPENSE = $ 9,697 TOTAL = $47,615Yes$125,485
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$3,991
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Daily management services are performed by human service professionals, llc and bridgeway, inc.

Form 990, Part VI, Section A, Line 8B

Due to the size of the board, there are no committees.

Form 990, Part VI, Section B, Line 11B

The form is reviewed by the treasurer and president before signature. The return is approved by the board prior to or after filing depending upon timing.

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

All board members go through independence training and are required to report any conflicts to the board.

Form 990, Part VI, Section C, Line 19

Documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Residential Facilities Corporation
EIN
36-3682153
Phone
3093442323
Address
2323 N WINDISH DRIVE, GALESBURG, IL 61401

Signing Officer

Name
William Nelson
Title
CEO
Phone
3093442323
Signed
2022-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Nelson
Formed
1989
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Samuel a Cigelnik
Phone
3096714500
Supplemental Narrative

Additional Explanations

Schedule R, Part V, Line 2

Transactions with related party: at june 30, 2021, residential facilities corporation owed to bridgeway, inc. The following: resident management salary $37,410 maintenance fees $16,820 other $23,640 total amount due $77,870 amounts reported on schedule r, part v, line 2 other than the amount detailed above, reflect expenses incurred and/or paid to bridgeway, inc. For the period ended june 30, 2021.

Financial Statement Notes

PART X, LINE 2:

Provision for income taxes is not required since the corporation is a nonprofit organization established under section 501(c)(3) of the internal revenue code and, accordingly, income taxes are not provided in the accompanying financial statements. The corporation does not believe that it has taken any uncertain tax positions and, accordingly, has not recorded any reserves for uncertain tax positions.

Raw XML AppendixShowing 400 of 616 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
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045676
IRS990/OtherAssetsTotalGrp/EOYAmt075894
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1MORTGAGE INSURANCE PREM
IRS990/OtherExpensesGrp/Desc2MISC TAXES/LICENSES/PER
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0243
IRS990/OtherExpensesGrp/ProgramServicesAmt054858
IRS990/OtherExpensesGrp/ProgramServicesAmt13261
IRS990/OtherExpensesGrp/ProgramServicesAmt2272
IRS990/OtherExpensesGrp/TotalAmt054858
IRS990/OtherExpensesGrp/TotalAmt13261
IRS990/OtherExpensesGrp/TotalAmt2272
IRS990/OtherExpensesGrp/TotalAmt3243
IRS990/OtherLiabilitiesGrp/BOYAmt03526
IRS990/OtherLiabilitiesGrp/EOYAmt03991
IRS990/OtherRevenueMiscGrp/BusinessCd0623990
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01239
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01239
IRS990/OtherRevenueTotalAmt01239
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03380
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt013171
IRS990/OtherSalariesAndWagesGrp/TotalAmt016551
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014137
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013889
IRS990/PrincipalOfficerNm0WILLIAM NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING ASSISTANCE PMT
IRS990/ProgramServiceRevenueGrp/Desc1APARTMENT CARRY CHARGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0117466
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt141462
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0117466
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt141462
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt0163209
IRS990/PYOtherRevenueAmt01014
IRS990/PYProgramServiceRevenueAmt0206369
IRS990/PYRevenuesLessExpensesAmt027653
IRS990/PYSalariesCompEmpBnftPaidAmt016551
IRS990/PYTotalExpensesAmt0179760
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0207413
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-27074
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0158928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0158928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0206369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0203332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0187264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0165727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0921620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0153
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01239
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01014
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0965
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01234
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05452
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99400
IRS990ScheduleA/PublicSupportPY170Pct00.99370
IRS990ScheduleA/PublicSupportTotal170Amt0921620
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0158928
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0206369
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0203332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0187264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0165727
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0921620
IRS990ScheduleA/TotalSupportAmt0927225
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0180643
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0879689
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01060332
IRS990ScheduleD/EquipmentGrp/BookValueAmt01286
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022417
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023703
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0187249
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt043000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014018
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24209
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36465
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt447452
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4COMPLETION/REPAIR RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029553
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0160175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVISION FOR INCOME TAXES IS NOT REQUIRED SINCE THE CORPORATION IS A NONPROFIT ORGANIZATION ESTABLISHED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CORPORATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0224929
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075894
IRS990ScheduleD/TotalExpensesPerForm990Amt0187249
IRS990ScheduleD/TotalLiabilityAmt03991
IRS990ScheduleD/TotalRevenuePerForm990Amt0160175
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0160175
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0187249
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ORGANIZATIONS LISTED IN PART D BELO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS OF THIS ORGANIZATION ARE OFFICERS OF ORGANIZATIONS LISTED BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0125485
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE AMOUNT DISCLOSED INCLUDES THE AMOUNT OWED FROM THIS ORGANIZATION TO THE LISTED ORGANIZATIONS AT YEAR-END AND THE EXPENSE PAID/INCURRED TO THESE ORGANIZATIONS DURING THE CURRENT YEAR.AMOUNT DUE AT 6/30/2021 TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS, LLC: MAINTENANCE FEE = $16,820 MANAGEMENT SALARY = $37,410 OTHER = $23,640 TOTAL = $77,870EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. AND HUMAN SERVICE PROFESSIONALS LLC: MANAGEMENT AGREEMENT = $11,167 MAINTENANCE CONTRACT = $ 6,960 BOOKKEEPING FEES = $ 3,240 SALARY REIMBURSEMENT = $16,551 CLEANING EXPENSE = $ 9,697 TOTAL = $47,615
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAILY MANAGEMENT SERVICES ARE PERFORMED BY HUMAN SERVICE PROFESSIONALS, LLC AND BRIDGEWAY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE BOARD, THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM IS REVIEWED BY THE TREASURER AND PRESIDENT BEFORE SIGNATURE. THE RETURN IS APPROVED BY THE BOARD PRIOR TO OR AFTER FILING DEPENDING UPON TIMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS GO THROUGH INDEPENDENCE TRAINING AND ARE REQUIRED TO REPORT ANY CONFLICTS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSACTIONS WITH RELATED PARTY: AT JUNE 30, 2021, RESIDENTIAL FACILITIES CORPORATION OWED TO BRIDGEWAY, INC. THE FOLLOWING: RESIDENT MANAGEMENT SALARY $37,410 MAINTENANCE FEES $16,820 OTHER $23,640 TOTAL AMOUNT DUE $77,870 AMOUNTS REPORTED ON SCHEDULE R, PART V, LINE 2 OTHER THAN THE AMOUNT DETAILED ABOVE, REFLECT EXPENSES INCURRED AND/OR PAID TO BRIDGEWAY, INC. FOR THE PERIOD ENDED JUNE 30, 2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5SCHEDULE R, PART V, LINE 2
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BRIDGEWAY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BRIDGEWAY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2BRIDGEWAY TRAINING SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MCRC REHABILITATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4BRIDGEWAY SANDBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5BRIDGEWAY HOMES 02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6MCRC HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7BRIDGEWAY HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8BRIDGEWAY KEWANEE 04
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9BRIDGEWAY MCKINLEY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10MIDWEST SPECIAL RECREATION ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11BRIDGEWAY PROPERTIES CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12ILLINOIS GROWTH ENTERPRISES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0370984175
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1371030683
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2371121014
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3363558388
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4371358634
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5352196816
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6371182243

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