Civic Intelligence

Galena Park Terrace

990 • Fiscal year 2015 • EIN 37-0975953

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 16, 2015

Organization ProfileN/A
5533 N Galena RoadPeoria Heights, IL 61614

(309) 673-2252

Siviq Scores

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

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.70x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

38th percentile

-0.4%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

36th percentile

-2.1%

Faster asset growth than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-3.4%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$956,748

Down $20,904 (-2.1%) from 2014

Net Assets

Down

$145,893

Down $4,498 (-3.0%) from 2014

Liabilities

Down

$810,855

Down $16,406 (-2.0%) from 2014

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin38th percentile

Revenue

Down

$1,153,948

Down $40,469 (-3.4%) from 2014

Expenses

Up

$1,158,446

Up $32,746 (+2.9%) from 2014

Net Income

Down

-$4,498

Down $73,215 (-107%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,197,796Liabilities 2010: $1,125,447Net Assets 2010: $72,3492010Assets 2011: $1,176,578Liabilities 2011: $1,081,946Net Assets 2011: $94,6322011Assets 2012: $1,066,448Liabilities 2012: $1,019,677Net Assets 2012: $46,7712012Assets 2013: $966,663Liabilities 2013: $884,989Net Assets 2013: $81,6742013Assets 2014: $977,652Liabilities 2014: $827,261Net Assets 2014: $150,3912014Assets 2015: $956,748Liabilities 2015: $810,855Net Assets 2015: $145,8932015Assets 2016: $3,682,779Liabilities 2016: $82,523Net Assets 2016: $3,600,2562016Assets 2017: $3,677,407Liabilities 2017: $0Net Assets 2017: $3,677,4072017Assets 2018: $3,944,247Liabilities 2018: $0Net Assets 2018: $3,944,2472018Assets 2019: $4,221,839Liabilities 2019: $0Net Assets 2019: $4,221,8392019Assets 2020: $4,364,487Liabilities 2020: $0Net Assets 2020: $4,364,4872020Assets 2021: $4,652,046Liabilities 2021: $0Net Assets 2021: $4,652,0462021Assets 2022: $4,639,800Liabilities 2022: $0Net Assets 2022: $4,639,8002022Assets 2023: $4,853,207Liabilities 2023: $0Net Assets 2023: $4,853,2072023Assets 2024: $5,110,673Liabilities 2024: $0Net Assets 2024: $5,110,6732024Assets 2025: $5,315,046Liabilities 2025: $0Net Assets 2025: $5,315,0462025

Highlighted filing

2015

Assets$956,748
Liabilities$810,855
Net Assets$145,893
Open 2015 Filing

Operations Trend

Revenue Growth32nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,053,3592010Expenses 2011: $1,149,0252011Expenses 2012: $1,188,9342012Expenses 2013: $1,138,6842013Revenue 2014: $1,194,417Expenses 2014: $1,125,700Net Income 2014: $68,7172014Revenue 2015: $1,153,948Expenses 2015: $1,158,446Net Income 2015: -$4,4982015Revenue 2016: $4,479,923Expenses 2016: $1,025,560Net Income 2016: $3,454,3632016Revenue 2017: $1,168Expenses 2017: $41,911Net Income 2017: -$40,7432017Revenue 2018: $149,040Expenses 2018: $93Net Income 2018: $148,9472018Revenue 2019: $210,518Expenses 2019: $1,287Net Income 2019: $209,2312019Revenue 2020: $84,730Expenses 2020: $2,331Net Income 2020: $82,3992020Revenue 2021: $79,994Expenses 2021: $7,070Net Income 2021: $72,9242021Revenue 2022: $12,802Expenses 2022: $7,554Net Income 2022: $5,2482022Revenue 2023: $81,721Expenses 2023: $9,810Net Income 2023: $71,9112023Revenue 2024: $21,815Expenses 2024: $8,313Net Income 2024: $13,5022024Revenue 2025: $26,211Expenses 2025: $8,846Net Income 2025: $17,3652025

Highlighted filing

2015

Revenue$1,153,948
Expenses$1,158,446
Net Income-$4,498
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,168,140
Mission and Program Overview

Mission

The purpose of the organization is to provide low rent housing to the elderly and disabled.

To provide low rent housing for the elderly and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$652,126$595,756▼ $56,370
Investments Other Securities$269,141$310,861▲ $41,720
Savings and Temporary Cash Investments$45,176$45,159▼ $17
Cash and Non-Interest-Bearing Accounts$10,695$3,646▼ $7,049
Accounts Receivable$514$1,326▲ $812
Total Assets$977,652$956,748▼ $20,904
Liabilities
Mortgage Notes Payable Secured by Investment Property$756,265$685,341▼ $70,924
Accounts Payable and Accrued Expenses$30,921$87,887▲ $56,966
Other Liabilities$40,075$37,627▼ $2,448
Total Liabilities$827,261$810,855▼ $16,406
Net Assets / Fund Balance
Unrestricted Net Assets$150,391$145,893▼ $4,498
Total Net Assets Fund Balance$150,391$145,893▼ $4,498
Total Liabilities and Net Assets / Fund Balance$977,652$956,748▼ $20,904

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$229,325$2,316,623$2,545,948
Equipment$163,129$1,524,154$1,687,283
Other Land Buildings$203,302$287,025$490,327
Other Securities$310,861--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
William WombacherPresident
James Stowell SrVice President
Dean R Bordeaux MdDirector
Gerald Grawey MdDirector
James W RoodhouseDirector
Judith OakfordDirector
Robert DentonDirector
Dan VonachenSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert Cottingham Property Management CoMgmt/acctg/tech/ins/repair Reimbursement215 WEST SAM J STONE AVENUE, Peoria, IL 61605$142,963
Revenue and Support

Revenue Composition

Contributions and Grants
$681,458
Program Service Revenue
$462,334
Investment Income
$898
Other Revenue
$9,258
Change in Net Assets
$-4,498

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,153,948
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,192
Total Revenue per Audited Statements
$1,168,140
Total Revenue per Form 990
$1,153,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$995,609
Salaries, Compensation, and Employee Benefits$162,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$155,277--$155,277
Other Salaries and Wages$113,517$36,988-$150,505
Fees for Services Management-$99,792-$99,792
Insurance$88,805--$88,805
Depreciation Depletion$72,015--$72,015
Office Expenses-$69,834-$69,834
Advertising-$57,905-$57,905
Interest$21,811--$21,811
Fees for Services Accounting-$13,500-$13,500
Payroll Taxes$9,249$3,083-$12,332
Other Expenses$9,600$54,362-$9,600
Fees for Services Legal-$3,926-$3,926
Conferences and Meetings-$3,780-$3,780
All Other Expenses-$528-$528
Total Functional Expenses$814,748$343,698$0$1,158,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,172,638
Expenses per Audited Statements$1,158,446
Total Expenses per Form 990$1,158,446
Expenses Not Reported on Form 990$14,192
Expenses Not Reported on Financial Statements$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
Tenant Security Deposits$37,627
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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

“Robert cottingham property management corporation performs all management functions related to the organization. The management company employs all personnel of the organization and is reimbursed for those costs.”

Form 990, Part VI, Section B, Line 11

“The 990 is reviewed by the management company and the signing officer.”

Form 990, Part VI, Section C, Line 19

“Documents are avilable upon written or verbal request.”

FORM 990, SHEDULE D, PART VI, LINE 1E - OTHER:

“Land and improvements: (b) cost basis $490,327 (c) accumulated depreciation $287,025 (d) book value $203,302.”

Filing and Contact Details

Filer

Filer Name
Galena Park Terrace
EIN
37-0975953
Phone
3096732252
Address
5533 N GALENA ROAD, PEORIA HEIGHTS, IL 61614

Signing Officer

Name
William Wombacher
Title
President
Phone
3096732252
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Wombacher
Formed
1968
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 2C:

“The process for overseeing the audit and the selection of an independent accountant has not changed from prior years.”

FORM 990, PART V, LINE 2:

“The project has no employees. The personnel who work at the project are employees of the management agent. The management agent allocates payroll and related costs to the project.”

Financial Statement Notes

PART X, LINE 2:

“The terrace does not believe that it has taken any uncertain tax positions and, accordingly, has not recorded any reserves for uncertain tax positions. The terrace's tax return for the years ended 2012, 2013, and 2014 are subject to examination by the internal revenue service, generally for three years after they were filed.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Grocery store income reported net of cost of goods sold on form 990”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Grocery store cost of goods sold reported as net of income on form 990”

Schedule D, Part XI, Line 2D.

“Grocery store income reported net of cost of goods sold on form 990 statement of revenue. Grocery store income reported on gross revenue basis as income with cost of goods sold reported as expense on financial statements.”

Schedule D, Part XII, Line 2D.

“Cost of goods sold deducted from grocery store income and reported as net grocery store income on form 990 statement of revenue. Reported cost of goods sold as expense on financial statements.”

Raw XML AppendixShowing 400 of 465 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.

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IRS990/OtherRevenueMiscGrp/BusinessCd0623990
IRS990/OtherRevenueMiscGrp/BusinessCd1623990
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1FORFEITED SEC. DEPOSIT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08113
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12144
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08113
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12144
IRS990/OtherRevenueTotalAmt010257
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036988
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0113517
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150505
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03083
IRS990/PayrollTaxesGrp/ProgramServicesAmt09249
IRS990/PayrollTaxesGrp/TotalAmt012332
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM WOMBACHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/Desc0LOW INCOME UNIT APT IN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0462334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0462334
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0703097
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0467
IRS990/PYOtherExpensesAmt0968715
IRS990/PYOtherRevenueAmt07174
IRS990/PYProgramServiceRevenueAmt0483679
IRS990/PYRevenuesLessExpensesAmt068717
IRS990/PYSalariesCompEmpBnftPaidAmt0156985
IRS990/PYTotalExpensesAmt01125700
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01194417
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4498
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0471592
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045176
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045159
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0681458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0703097
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0682883
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0666995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0672524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03406957
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0898
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0467
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0471592
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0490853
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0490647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0474028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0498661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02425781
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0898
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01595
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt05832738
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01153050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01193950
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01173530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01141023
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01171185
IRS990ScheduleA/Total509Grp/TotalAmt05832738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01153948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01194417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01173587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01141073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01171308
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05834333
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/BookValueAmt0229325
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02316623
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02545948
IRS990ScheduleD/EquipmentGrp/BookValueAmt0163129
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01524154
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01687283
IRS990ScheduleD/ExpensesNotReportedAmt014192
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01158446
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt014192
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0203302
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0287025
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0490327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037627
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt014192
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0310861
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MONEY MARKET
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt014192
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01153948
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TERRACE DOES NOT BELIEVE THAT IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES FOR UNCERTAIN TAX POSITIONS. THE TERRACE'S TAX RETURN FOR THE YEARS ENDED 2012, 2013, AND 2014 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GROCERY STORE INCOME REPORTED NET OF COST OF GOODS SOLD ON FORM 990
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GROCERY STORE COST OF GOODS SOLD REPORTED AS NET OF INCOME ON FORM 990
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GROCERY STORE INCOME REPORTED NET OF COST OF GOODS SOLD ON FORM 990 STATEMENT OF REVENUE. GROCERY STORE INCOME REPORTED ON GROSS REVENUE BASIS AS INCOME WITH COST OF GOODS SOLD REPORTED AS EXPENSE ON FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4COST OF GOODS SOLD DEDUCTED FROM GROCERY STORE INCOME AND REPORTED AS NET GROCERY STORE INCOME ON FORM 990 STATEMENT OF REVENUE. REPORTED COST OF GOODS SOLD AS EXPENSE ON FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PART XI, LINE 2D.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE D, PART XII, LINE 2D.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0595756
IRS990ScheduleD/TotalBookValueSecuritiesAmt0310861
IRS990ScheduleD/TotalExpensesPerForm990Amt01158446
IRS990ScheduleD/TotalLiabilityAmt037627
IRS990ScheduleD/TotalRevenuePerForm990Amt01153948
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01168140
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01172638
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT COTTINGHAM PROPERTY MANAGEMENT CORPORATION PERFORMS ALL MANAGEMENT FUNCTIONS RELATED TO THE ORGANIZATION. THE MANAGEMENT COMPANY EMPLOYS ALL PERSONNEL OF THE ORGANIZATION AND IS REIMBURSED FOR THOSE COSTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE SIGNING OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVILABLE UPON WRITTEN OR VERBAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR OVERSEEING THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROJECT HAS NO EMPLOYEES. THE PERSONNEL WHO WORK AT THE PROJECT ARE EMPLOYEES OF THE MANAGEMENT AGENT. THE MANAGEMENT AGENT ALLOCATES PAYROLL AND RELATED COSTS TO THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LAND AND IMPROVEMENTS: (B) COST BASIS $490,327 (C) ACCUMULATED DEPRECIATION $287,025 (D) BOOK VALUE $203,302.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART V, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, SHEDULE D, PART VI, LINE 1E - OTHER:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0977652
IRS990/TotalAssetsEOYAmt0956748
IRS990/TotalAssetsGrp/BOYAmt0977652
IRS990/TotalAssetsGrp/EOYAmt0956748
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0681458

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$956,748
Liabilities
$810,855
Net assets
$145,893
Revenue
$1,153,948
Expenses
$1,158,446
Net income
-$4,498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.32$0.00$5.32$0.03$0.01$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$0.00$5.11$0.02$0.01$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$0.00$4.85$0.08$0.01$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$0.01$0.01$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.00$4.65$0.08$0.01$0.07
2020Detailed filing. Detailed filing data is available for this year.$4.36$0.00$4.36$0.08$0.00$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$0.21$0.00$0.21
2018Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$0.15$0.00$0.15
2017Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.00$0.04$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.68$0.08$3.60$4.48$1.03$3.45
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.81$0.15$1.15$1.16$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.83$0.15$1.19$1.13$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.88$0.08$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.02$0.05$1.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$1.08$0.09$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$1.13$0.07$1.05