Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Independence Commons Homeowners Assoc
990EZ • Fiscal year 2012 • EIN 38-2511056
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
93.21x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Balance Sheet
Assets
Down$317
Down $51 (-14%) from 2011
Net Assets
-$29,232
No earlier filing loaded for comparison.
Liabilities
Down$29,549
Down $25,000 (-46%) from 2011
Revenue And Expenses
Revenue
Up$93,301
Up $406 (+0.4%) from 2011
Expenses
Down$68,352
Down $321 (-0.5%) from 2011
Net Income
Up$24,949
Up $727 (+3.0%) from 2011
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Aug 12, 2013
- Return Version
- 2012v2.0
Mission and Program Overview
Mission
Maintenance of common area in sub division 330 residents
Filing and Contact Details
Filer
- EIN
- 38-2511056
Raw XML Appendix142 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | 0 |
| IRS990EZ/AmountOfTaxImposedOnOrgMgr | 0 | 0 |
| IRS990EZ/AmountOfTaxReimbursedByOrg | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembers | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 368 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 317 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 0 |
| IRS990EZ/CostOfGoodsSold | 0 | 0 |
| IRS990EZ/CostOtherBasisAndSalesExpenses | 0 | 0 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | 0 |
| IRS990EZ/DirectIndirectPoliticalExpend | 0 | 0 |
| IRS990EZ/DoesOrgHaveHospital | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | 0 |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 24949 |
| IRS990EZ/FeesAndOthPymtToIndContractors | 0 | 4638 |
| IRS990EZ/ForeignFinancialAccount | 0 | 0 |
| IRS990EZ/ForeignOffice | 0 | 0 |
| IRS990EZ/FundraisingGrossIncome | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssets | 0 | 0 |
| IRS990EZ/GamingGrossIncome | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaid | 0 | 0 |
| IRS990EZ/GroProfitLossSalesOfInventory | 0 | 0 |
| IRS990EZ/GrossAmountFromSaleOfAssets | 0 | 0 |
| IRS990EZ/GrossReceipts | 0 | 93301 |
| IRS990EZ/GrossSalesOfInventory | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InvestmentIncome | 0 | 0 |
| IRS990EZ/LandAndBuildings/BOY | 0 | 0 |
| IRS990EZ/LandAndBuildings/EOY | 0 | 0 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficers | 0 | 0 |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | 0 |
| IRS990EZ/MembershipDues | 0 | 89881 |
| IRS990EZ/MethodOfAccountingCash | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | -54181 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | -54181 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | -29232 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | -29232 |
| IRS990EZ/OccupancyRentUtilitiesAndMaint | 0 | 60151 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 2 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 1 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 1 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 1 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 1 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 5 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | Larry Smentowski |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | Ron Bebes |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | Pat O'Neill |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | Sean Carty |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | Don Petras |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 5 | Emily Lamott |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | Restrictions |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | Vice President/Maintenance |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | President |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | Activities and Communications |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 5 | Secretary |
| IRS990EZ/Organization501c | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | 0 |
| IRS990EZ/OrganizationHadUBI | 0 | 0 |
| IRS990EZ/OtherAssetsTotal/BOY | 0 | 0 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssets | 0 | 0 |
| IRS990EZ/OtherExpensesTotal | 0 | 2591 |
| IRS990EZ/OtherRevenueTotal | 0 | 3420 |
| IRS990EZ/PrimaryExemptPurpose | 0 | See Attachment A |
| IRS990EZ/PrintingPublicationsPostage | 0 | 972 |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | The Independence Commons Association ("Association") presently conducts its business activities through three committees under the direction of its Board of Directors. This structure and associated activities has been used since formation of the Association 1967, and we intend to continue these activities in the future. The financial statements of the Association (see Attachment B) contain detailed information of the financial resources used in the operation of the committees as reported on Form 1024, Part III. The three committees and their activities are described below. 1. Maintenance Committee (80% time and resources) This committee is responsible for the operation and/or maintenance of 50 acres of common parks, facilities and public easements in the Independence Commons subdivision (see map on page 3 of this attachment). The purpose of this activity is to~ provide the community with a beautiful, safe and harmonious environment for the enjoyment of the community. There is no physical, logical or legal barrier to accessing the parks, facilities or the subdivision. Work is performed on the parks, facilities and public easements by various contractors engaged by the Association and members of the Association. Typical maintenance work includes items such grass cutting, fertilizing, flower planting, tree planting, tree trimming, pathway sealing and equipment maintenance for public safety purposes. The property, facilities and easements maintained are listed below. * Public easements (Drake Road and Eleven Mile Road) * Subdivision entrances (4) * Subdivision islands (9) * Parks (50 acres; 5 locations) * Basketball courts (2) * Tennis courts (2) * Picnic pavilion (1) * Pathways in parks (2 miles) * Sprinkler systems (entrances and easements) 1 2. Restrictions Committee (10% time and resources) This committee is responsible for enforcing the covenants contained in the Declaration of Restrictions of the Independence Commons subdivision. The purpose of this activity is to provide the community with an attractive subdivision to enjoy by ensuring a pleasant, uniform appearance of the 334 properties in the subdivision. The committee also reviews, approves and inspects changes as required by the Declaration of Restrictions under authorization by the Board of Directors as requested throughout the year. The covenants enforced relate to the following areas. * Uses of property * Character and size of buildings * Building lines * Animals * Signs * Easements * Refuse * Homeowner's association * Maintenance fund 3. Activities Committee (10% time and resources) This committee is responsible for sponsoring, organizing and conducting various social activities as authorized by the Board of Directors. The purpose of the activity is to provide and enhanced spirit within the community through establishing interpersonal connections at social events. The committee and members of the Association conduct events throughout the year. The following activities and events are currently under sponsorship of the committee. * Association Directory * Association Newsletter * Easter egg hunt * Summer picnic * Octoberfest * Halloween cider and donuts * Christmas sleigh rides |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 0 | 0 |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 0 |
| IRS990EZ/ProgramServiceRevenue | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990EZ/RelatedOrgControlledEntity | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBenefits | 0 | 0 |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLoss | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFiled | 0 | MI |
| IRS990EZ/SubjectToProxyTax | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 54549 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 29549 |
| IRS990EZ/TanningServicesProvided | 0 | 0 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 35555 Old Homestead Drive |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | Farmington Hills |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | MI |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 483352070 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | Lawrence R Smentowski |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 2486154049 |
| IRS990EZ/TotalAssets/BOY | 0 | 368 |
| IRS990EZ/TotalAssets/EOY | 0 | 317 |
| IRS990EZ/TotalExpenses | 0 | 68352 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 0 |
| IRS990EZ/TotalRevenue | 0 | 93301 |
| IRS990EZ/TransactionWithControlEntity | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Description;Amount^Late Penalty Payments for late dues;798|Recoveries from Lien filings for dues unpaid;2622^Total;3420^ |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Description;Amount^Principal repayment and interest for loan;2591^Total;2591^ |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Description;EOY Amount^Balance on Loan payment for Pathway repavement;29549^Total;29549^ |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | F99Z_P01_S00_L08 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | F99Z_P01_S00_L16 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | F99Z_P02_S00_L26 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Form 990-EZ, Part II, Line 26 |
| ReasonableCauseExplanation/Explanation | 0 | Form 8868 was filed for extension. Treasurer was out of the country traveling on business at the time the original 990EZ was due. |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 382511056 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | INDEPENDENCE COMMONS HOMEOWNERS ASSOC |
| ReturnHeader/Filer/NameControl | 0 | INDE |
| ReturnHeader/Filer/Phone | 0 | 2486154049 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 35555 Old Homestead Drive |
| ReturnHeader/Filer/USAddress/City | 0 | Farmington Hills |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 483352070 |
| ReturnHeader/Officer/DateSigned | 0 | 2013-08-12 |
| ReturnHeader/Officer/Name | 0 | Lawrence Smentowski |
| ReturnHeader/Officer/Phone | 0 | 2486154049 |
| ReturnHeader/Officer/Title | 0 | Treasurer |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-08-12T19:31:50-07:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $317
- Liabilities
- $29,549
- Net assets
- -$29,232
- Revenue
- $93,301
- Expenses
- $68,352
- Net income
- $24,949