Civic Intelligence

St Edmund'S Tower Inc

990 • Fiscal year 2019 • EIN 36-4053482

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 23, 2020

PO Box 53332Chicago, IL 60653

(773) 752-8893

Siviq Scores

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

Liabilities / Assets

98th percentile

1.95x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

19th percentile

-5.3%

Faster asset growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Down

$2,414,464

Down $135,095 (-5.3%) from 2018

Net Assets

Down

-$2,282,015

Down $151,119 (-7.1%) from 2018

Liabilities

Up

$4,696,479

Up $16,024 (+0.3%) from 2018

Revenue

Down

-$151,119

Down $97,327 (-181%) from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Down

-$151,119

Down $97,327 (-181%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2013: $3,013,448Liabilities 2013: $4,715,701Net Assets 2013: -$1,702,2532013Assets 2014: $2,929,541Liabilities 2014: $4,729,884Net Assets 2014: -$1,800,3432014Assets 2015: $2,879,481Liabilities 2015: $4,724,967Net Assets 2015: -$1,845,4862015Assets 2016: $2,751,377Liabilities 2016: $4,700,803Net Assets 2016: -$1,949,4262016Assets 2017: $2,619,818Liabilities 2017: $4,696,922Net Assets 2017: -$2,077,1042017Assets 2018: $2,549,559Liabilities 2018: $4,680,455Net Assets 2018: -$2,130,8962018Assets 2019: $2,414,464Liabilities 2019: $4,696,479Net Assets 2019: -$2,282,0152019Assets 2020: $2,339,777Liabilities 2020: $4,690,483Net Assets 2020: -$2,350,7062020Assets 2021: $2,270,873Liabilities 2021: $4,702,891Net Assets 2021: -$2,432,0182021Assets 2022: $2,190,562Liabilities 2022: $4,761,308Net Assets 2022: -$2,570,7462022Assets 2023: $2,056,712Liabilities 2023: $4,728,642Net Assets 2023: -$2,671,9302023Assets 2024: $2,020,514Liabilities 2024: $4,793,404Net Assets 2024: -$2,772,8902024

Highlighted filing

2019

Assets$2,414,464
Liabilities$4,696,479
Net Assets-$2,282,015

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: -$104,100Expenses 2013: $0Net Income 2013: -$104,1002013Revenue 2014: -$98,090Expenses 2014: $0Net Income 2014: -$98,0902014Revenue 2015: -$45,143Expenses 2015: $0Net Income 2015: -$45,1432015Revenue 2016: -$103,940Expenses 2016: $0Net Income 2016: -$103,9402016Revenue 2017: -$127,678Expenses 2017: $0Net Income 2017: -$127,6782017Revenue 2018: -$53,792Expenses 2018: $0Net Income 2018: -$53,7922018Revenue 2019: -$151,119Expenses 2019: $0Net Income 2019: -$151,1192019Revenue 2020: -$68,691Expenses 2020: $0Net Income 2020: -$68,6912020Revenue 2021: -$81,312Expenses 2021: $0Net Income 2021: -$81,3122021Revenue 2022: -$138,728Expenses 2022: $0Net Income 2022: -$138,7282022Revenue 2023: $884,660Expenses 2023: $985,844Net Income 2023: -$101,1842023Revenue 2024: $971,568Expenses 2024: $1,072,528Net Income 2024: -$100,9602024

Highlighted filing

2019

Revenue-$151,119
Expenses$0
Net Income-$151,119
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 23, 2020
Return Version
2019v5.1
Gross Receipts
$822,384
Mission and Program Overview

Mission

To provide affordable, quality housing for senior citizens.

Charitable purposes: in furtherance thereof, the corporation shall be empowered to provide housing facilities and in-house assisted living services for senior citizens and to do all things necessary or appropriate thereto.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,134,794$2,028,759▼ $106,035
Cash and Non-Interest-Bearing Accounts$33,432$34,896▲ $1,464
Accounts Receivable$10,561$5,060▼ $5,501
Prepaid Expenses and Deferred Charges-$1,770-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-2,130,896$-2,282,015▼ $151,119
Total Assets$2,549,559$2,414,464▼ $135,095
Other Assets Total$370,772$343,979▼ $26,793
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,617,150$4,618,150▲ $1,000
Accounts Payable and Accrued Expenses$46,849$57,123▲ $10,274
Other Liabilities$16,456$21,206▲ $4,750
Total Liabilities$4,680,455$4,696,479▲ $16,024
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,130,896$-2,282,015▼ $151,119
Total Liabilities and Net Assets / Fund Balance$2,549,559$2,414,464▼ $135,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,914,350$2,165,441$4,079,791
Equipment$9,234$208,312$217,546
Land$105,175-$105,175
Other Land Buildings$0$56,692$56,692
Other Assets Org$26,859--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard L TolliverPresident
Andrea FlynnVice President
Michelle MurraySecretary
Cecelia HuntTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$935
Other Revenue
$-152,054
Change in Net Assets
$-151,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$822,384
Revenue Not Reported on Financial Statements
$-973,503
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-973,503
Total Revenue per Audited Statements
$822,384
Total Revenue per Form 990
$-151,119
Expenses and Functional Allocation

Major Expense Lines

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

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$973,503
Total Expenses per Audited Statements$973,503
Expenses Not Reported on Form 990$0
Total Expenses per Form 990$0
Expenses Not Reported on Financial Statements$-973,503
Other Expense Adjustments$-973,503
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
Tenant Security Deposits$15,510
Prepaid Rents$3,117
Accrued Property Management Fee$2,579
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization only has the governing body and does not have any other committees.

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

A copy of the form 990 is provided to the board for review. However, the review is done after the return has been filed with the internal revenue service.

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

The board members are required to review the annual conflict of interest policy and then sign a conflict of interest disclosure statement.

Form 990, Part VI, Section C, Line 19

Upon written request, the organization provides the requested documents.

Filing and Contact Details

Filer

Filer Name
St Edmunds Tower Inc
EIN
36-4053482
Phone
7737528893
Address
PO BOX 53332, CHICAGO, IL 60653

Signing Officer

Name
Richard L Tolliver
Title
President
Phone
7737528893
Signed
2020-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard L Tolliver
Formed
1995
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Tarwater & Company Pc
Address
PO BOX 11622, KNOXVILLE, TN 37939
Preparer
Joe Tarwater CPA
Phone
8655840294
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSES

PART XII, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSES

Form 990, Schedule D, Part XII, Line 4B

RENTAL EXPENSES -$973503

Form 990, Schedule D, Part XI, Line 4B

RENTAL EXPENSES -$973503

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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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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-973503
IRS990ScheduleD/RevenueSubtotalAmt0822384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES -$973503
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES -$973503
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, SCHEDULE D, PART XII, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, SCHEDULE D, PART XI, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02028759
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0343979
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt021206
IRS990ScheduleD/TotalRevenuePerForm990Amt0-151119
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0822384
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0973503
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ONLY HAS THE GOVERNING BODY AND DOES NOT HAVE ANY OTHER COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW. HOWEVER, THE REVIEW IS DONE AFTER THE RETURN HAS BEEN FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ARE REQUIRED TO REVIEW THE ANNUAL CONFLICT OF INTEREST POLICY AND THEN SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST, THE ORGANIZATION PROVIDES THE REQUESTED DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ST EDMUND'S REDEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ST EDMUND'S TOWER ANNEX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363701311
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1300783857
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06105 S MICHIGAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt16105 S MICHIGAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060637
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160637
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02549559
IRS990/TotalAssetsEOYAmt02414464
IRS990/TotalAssetsGrp/BOYAmt02549559
IRS990/TotalAssetsGrp/EOYAmt02414464
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04680455
IRS990/TotalLiabilitiesEOYAmt04696479
IRS990/TotalLiabilitiesGrp/BOYAmt04680455
IRS990/TotalLiabilitiesGrp/EOYAmt04696479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2130896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2282015
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-151119
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-151119
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02549559
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02414464
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 53332
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060653
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD L TOLLIVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07737528893
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST EDMUNDS TOWER INC
ReturnHeader/Filer/BusinessNameControlTxt0STED
ReturnHeader/Filer/EIN0364053482
ReturnHeader/Filer/PhoneNum07737528893
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 53332
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060653
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03CFF0010FF5DB88EC039FC6484213A291BE7879A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.88.41.21
ReturnHeader/FilingSecurityInformation/IPDt02020-07-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:24:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562397000

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