Civic Intelligence

Ausable Valley Apartments Inc

EIN 38-2261258 • 501(c)3 • Flint, MI

Profile

Rental of hud subsidized apartment building

4100 Pier North Blvd AFlint, MI 48504

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.22x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

3.21x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$1,396,983

Up $7,557 (+0.5%) from 2023

Liabilities

Down

$1,698,830

Down $53,500 (-3.1%) from 2023

Net Assets

Up

-$301,847

Up $61,057 (+17%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin63rd percentile

Revenue

Up

$528,940

Up $61,025 (+13%) from 2023

Expenses

Up

$467,883

Up $21,436 (+4.8%) from 2023

Net Income

Up

$61,057

Up $39,589 (+184%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$2.0M$1.0M$0-$1.0MAssets 2011: $756,100Liabilities 2011: $1,006,729Net Assets 2011: -$250,6292011Assets 2012: $705,843Liabilities 2012: $899,107Net Assets 2012: -$193,2642012Assets 2013: $646,688Liabilities 2013: $1,038,538Net Assets 2013: -$391,8502013Assets 2014: $576,593Liabilities 2014: $934,437Net Assets 2014: -$357,8442014Assets 2015: $1,554,957Liabilities 2015: $1,835,936Net Assets 2015: -$280,9792015Assets 2016: $1,539,479Liabilities 2016: $1,799,149Net Assets 2016: -$259,6702016Assets 2017: $1,428,687Liabilities 2017: $1,693,415Net Assets 2017: -$264,7282017Assets 2018: $1,413,719Liabilities 2018: $1,673,946Net Assets 2018: -$260,2272018Assets 2019: $1,385,122Liabilities 2019: $1,642,146Net Assets 2019: -$257,0242019Assets 2020: $1,374,804Liabilities 2020: $1,746,387Net Assets 2020: -$371,5832020Assets 2021: $1,363,518Liabilities 2021: $1,753,160Net Assets 2021: -$389,6422021Assets 2022: $1,368,379Liabilities 2022: $1,752,751Net Assets 2022: -$384,3722022Assets 2023: $1,389,426Liabilities 2023: $1,752,330Net Assets 2023: -$362,9042023Assets 2024: $1,396,983Liabilities 2024: $1,698,830Net Assets 2024: -$301,8472024

Highlighted filing

2024

Assets$1,396,983
Liabilities$1,698,830
Net Assets-$301,847
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $422,415Expenses 2011: $383,407Net Income 2011: $39,0082011Expenses 2012: $360,6412012Revenue 2013: $380,859Expenses 2013: $406,667Net Income 2013: -$25,8082013Revenue 2014: $410,731Expenses 2014: $376,713Net Income 2014: $34,0182014Revenue 2015: $462,005Expenses 2015: $387,304Net Income 2015: $74,7012015Revenue 2016: $448,950Expenses 2016: $427,258Net Income 2016: $21,6922016Revenue 2017: $419,626Expenses 2017: $424,721Net Income 2017: -$5,0952017Revenue 2018: $436,030Expenses 2018: $431,529Net Income 2018: $4,5012018Revenue 2019: $433,061Expenses 2019: $429,858Net Income 2019: $3,2032019Revenue 2020: $424,826Expenses 2020: $539,385Net Income 2020: -$114,5592020Revenue 2021: $446,688Expenses 2021: $464,747Net Income 2021: -$18,0592021Revenue 2022: $441,961Expenses 2022: $436,691Net Income 2022: $5,2702022Revenue 2023: $467,915Expenses 2023: $446,447Net Income 2023: $21,4682023Revenue 2024: $528,940Expenses 2024: $467,883Net Income 2024: $61,0572024

Highlighted filing

2024

Revenue$528,940
Expenses$467,883
Net Income$61,057
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,396,983
Liabilities
$1,698,830
Net assets
-$301,847
Revenue
$528,940
Expenses
$467,883
Net income
$61,057
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$1.70$0.30$0.53$0.47$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$1.75$0.36$0.47$0.45$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$1.75$0.38$0.44$0.44$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$1.75$0.39$0.45$0.46$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.75$0.37$0.42$0.54$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$1.64$0.26$0.43$0.43$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$1.67$0.26$0.44$0.43$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$1.69$0.26$0.42$0.42$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.54$1.80$0.26$0.45$0.43$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.55$1.84$0.28$0.46$0.39$0.07
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.93$0.36$0.41$0.38$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$1.04$0.39$0.38$0.41$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.90$0.19$0.36
2011Summary only. Only limited summary data is available for this year.$0.76$1.01$0.25$0.42$0.38$0.04
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 5, 2022
Return Version
2021v4.2
Gross Receipts
$441,961
Mission and Program Overview

Mission

Rental of hud subsidized apartment building

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$899,200$895,642▼ $3,558
Cash and Non-Interest-Bearing Accounts$49,097$56,529▲ $7,432
Prepaid Expenses and Deferred Charges$16,809$20,500▲ $3,691
Accounts Receivable$1,405$5,326▲ $3,921
Total Assets$1,363,518$1,368,379▲ $4,861
Other Assets Total$397,007$390,382▼ $6,625
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,545,531$1,515,215▼ $30,316
Accounts Payable and Accrued Expenses$186,436$216,441▲ $30,005
Other Liabilities$21,193$21,095▼ $98
Total Liabilities$1,753,160$1,752,751▼ $409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-389,642$-384,372▲ $5,270
Total Net Assets Fund Balance$-389,642$-384,372▲ $5,270
Total Liabilities and Net Assets / Fund Balance$1,363,518$1,368,379▲ $4,861

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$765,728$2,063,028$2,828,756
Other Land Buildings$83,563$126,781$210,344
Leasehold Improvements$2,478$174,395$176,873
Equipment$0$82,376$82,376
Land$43,873-$43,873
Other Assets Org$211,933--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ritch CushwayChair
David M GehmPresident/CEO
Amy BenkoDirector
Carl SchoenowDirector
Karen StorckDirector
Paul NyquistDirector
Darrell R ZoltonDirector (ended 6/27/22)
Timothy KalbfleischSr. VP Finance/CFO
Peter J BenderTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$441,526
Investment Income
$64
Other Revenue
$371
Change in Net Assets
$5,270

Audited Revenue Reconciliation

Revenue per Audited Statements
$441,961
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$441,961
Total Revenue per Form 990
$441,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,851
Salaries, Compensation, and Employee Benefits$49,840
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$61,762--$61,762
Other Salaries and Wages-$49,395-$49,395
Insurance$39,691--$39,691
Depreciation Depletion$33,411--$33,411
Other Expenses$33,101$26,613-$26,613
Fees for Services Management-$21,563-$21,563
All Other Expenses$5,796$1,860-$7,656
Fees for Services Accounting-$7,500-$7,500
Advertising-$4,946-$4,946
Office Expenses-$3,677-$3,677
Information Technology-$3,482-$3,482
Fees for Services Legal-$1,671-$1,671
Travel$963--$963
Other Employee Benefits$270--$270
Payroll Taxes$148--$148
Pension Plan Contributions$27--$27
Total Functional Expenses$311,475$125,216$0$436,691

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$436,691
Total Expenses per Audited Statements$436,691
Total Expenses per Form 990$436,691
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$20,570
Prepaid Rent$525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management company is employed for day to day operation.”

Form 990, Part VI, Section A, Line 6

“The sole member of the corporation is ausable valley continuing care retirement community, inc. Dba wellspring lutheran services, formerly dba ausable valley community, formerly known as ausable valley nursing home, inc., a michigan nonprofit, nonstock corporation.”

Form 990, Part VI, Section A, Line 7A

“The sole member has the exclusive power to elect or replace and to remove, with or without cause, directors of the corporation. The sole member also has the power to elect directors to fill vacancies on the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The sole member has the exclusive power to amend or repeal the bylaws or adopt new bylaws of the corporation, and to approval all amendments of the articles of incorporation and all restarted articles of incorporation. The sole member has the right to vote on all matters in which the vote of members with voting rights is required by law, the articles of incorporation, and the bylaws.”

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

“The 990 is reviewed and signed by the board president or cfo.”

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

“Conflict of interest forms are collected in the beginning of each new board year. The forms are reviewed by the ceo. If a conflict exists, the ceo reviews with the board chair and determines the appropriate action, which is typically to remove the individual from the position of conflict for the specific transaction/process.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request at the corporate office of wellspring lutheran services by contacting the chief financial officer.”

Filing and Contact Details

Filer

Filer Name
Ausable Valley Apartments Inc
EIN
38-2261258
Phone
9898608080
Address
4100 PIER NORTH BLVD A, FLINT, MI 48504

Signing Officer

Name
Timothy Kalbfleisch
Title
Senior Vice President/CFO
Phone
9898608080
Signed
2022-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Kalbfleisch
Formed
1979
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Amber Rathbun CPA
Phone
5173237500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.”

Raw XML AppendixShowing 400 of 516 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0186436
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0216441
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IRS990/AccountsReceivableGrp/EOYAmt05326
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04946
IRS990/AdvertisingGrp/TotalAmt04946
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01860
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05796
IRS990/AllOtherExpensesGrp/TotalAmt07656
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IRS990/AuditCommitteeInd01
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IRS990/BooksInCareOfDetail/PhoneNum09898608080
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04100 PIER NORTH BLVD STE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLINT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048504
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IRS990/BusinessRlnWithFamMemInd00
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IRS990/CashNonInterestBearingGrp/BOYAmt049097
IRS990/CashNonInterestBearingGrp/EOYAmt056529
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/EmployeeCnt00
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IRS990/FederalGrantAuditRequiredInd01
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IRS990/FeesForServicesAccountingGrp/TotalAmt07500
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IRS990/FeesForServicesLegalGrp/TotalAmt01671
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/PersonNm5RITCH CUSHWAY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (ENDED 6/27/22)
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8SR. VP FINANCE/CFO
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0441961
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt03482
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IRS990/InterestGrp/TotalAmt061762
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02446580
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0899200
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0895642
IRS990/LandBldgEquipCostOrOtherBssAmt03342222
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01545531
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01515215
IRS990/NetAssetsOrFundBalancesBOYAmt0-389642
IRS990/NetAssetsOrFundBalancesEOYAmt0-384372
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-389642
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-384372
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03677
IRS990/OfficeExpensesGrp/TotalAmt03677
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0397007
IRS990/OtherAssetsTotalGrp/EOYAmt0390382
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0270
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0270
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc3RESIDUAL RECEIPTS RECAP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04509
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126613
IRS990/OtherExpensesGrp/ProgramServicesAmt076360
IRS990/OtherExpensesGrp/ProgramServicesAmt159946
IRS990/OtherExpensesGrp/ProgramServicesAmt233101
IRS990/OtherExpensesGrp/TotalAmt080869
IRS990/OtherExpensesGrp/TotalAmt159946
IRS990/OtherExpensesGrp/TotalAmt233101
IRS990/OtherExpensesGrp/TotalAmt326613
IRS990/OtherLiabilitiesGrp/BOYAmt021193
IRS990/OtherLiabilitiesGrp/EOYAmt021095
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0371
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0371
IRS990/OtherRevenueTotalAmt0371
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049395
IRS990/OtherSalariesAndWagesGrp/TotalAmt049395
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0148
IRS990/PayrollTaxesGrp/TotalAmt0148
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027
IRS990/PensionPlanContributionsGrp/TotalAmt027
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016809
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020500
IRS990/PrincipalOfficerNm0TIMOTHY KALBFLEISCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CABLE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER TENANT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0428805
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26172
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3231
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0428805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3231
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0112
IRS990/PYOtherExpensesAmt0420926
IRS990/PYOtherRevenueAmt01700
IRS990/PYProgramServiceRevenueAmt0444876
IRS990/PYRevenuesLessExpensesAmt0-18059
IRS990/PYSalariesCompEmpBnftPaidAmt043821
IRS990/PYTotalExpensesAmt0464747
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0446688
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05270
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0441897
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0135
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0441526
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0444876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0424548
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0432807
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0435685
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02179442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0135
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0655
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0371
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01700
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt085
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0210
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02469
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99660
IRS990ScheduleA/PublicSupportTotal509Amt02179442
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0441526
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0444876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0424548
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0432807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0435685
IRS990ScheduleA/Total509Grp/TotalAmt02179442
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0441961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0446688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0424826
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0433061
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0436030
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02182566
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0765728
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02063028
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02828756
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082376
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082376
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0436691
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt043873
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043873
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02478
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0174395
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0176873
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0137490
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120570
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt220389
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3211933
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPAIR & REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt083563
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0126781
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0210344
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0441961
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0895642
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0390382
IRS990ScheduleD/TotalExpensesPerForm990Amt0436691
IRS990ScheduleD/TotalLiabilityAmt021095
IRS990ScheduleD/TotalRevenuePerForm990Amt0441961
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0441961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0436691
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT COMPANY IS EMPLOYED FOR DAY TO DAY OPERATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER OF THE CORPORATION IS AUSABLE VALLEY CONTINUING CARE RETIREMENT COMMUNITY, INC. DBA WELLSPRING LUTHERAN SERVICES, FORMERLY DBA AUSABLE VALLEY COMMUNITY, FORMERLY KNOWN AS AUSABLE VALLEY NURSING HOME, INC., A MICHIGAN NONPROFIT, NONSTOCK CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE MEMBER HAS THE EXCLUSIVE POWER TO ELECT OR REPLACE AND TO REMOVE, WITH OR WITHOUT CAUSE, DIRECTORS OF THE CORPORATION. THE SOLE MEMBER ALSO HAS THE POWER TO ELECT DIRECTORS TO FILL VACANCIES ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SOLE MEMBER HAS THE EXCLUSIVE POWER TO AMEND OR REPEAL THE BYLAWS OR ADOPT NEW BYLAWS OF THE CORPORATION, AND TO APPROVAL ALL AMENDMENTS OF THE ARTICLES OF INCORPORATION AND ALL RESTARTED ARTICLES OF INCORPORATION. THE SOLE MEMBER HAS THE RIGHT TO VOTE ON ALL MATTERS IN WHICH THE VOTE OF MEMBERS WITH VOTING RIGHTS IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, AND THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED AND SIGNED BY THE BOARD PRESIDENT OR CFO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFLICT OF INTEREST FORMS ARE COLLECTED IN THE BEGINNING OF EACH NEW BOARD YEAR. THE FORMS ARE REVIEWED BY THE CEO. IF A CONFLICT EXISTS, THE CEO REVIEWS WITH THE BOARD CHAIR AND DETERMINES THE APPROPRIATE ACTION, WHICH IS TYPICALLY TO REMOVE THE INDIVIDUAL FROM THE POSITION OF CONFLICT FOR THE SPECIFIC TRANSACTION/PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE CORPORATE OFFICE OF WELLSPRING LUTHERAN SERVICES BY CONTACTING THE CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00

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