Civic Intelligence

Nasco Properties Inc

990 • Fiscal year 2017 • EIN 38-2801692

May 01, 2016 to Apr 30, 2017 • Filed on Mar 10, 2018

Organization Profilewww.nasco.coop
1100 W Cermak Road No 514Chicago, IL 60608

(734) 945-2424

Siviq Scores

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

Liabilities / Assets

59th percentile

0.62x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

46th percentile

2.50x

Higher debt load relative to revenue than 46% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Net Margin

64th percentile

43%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$43,509

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Asset Growth

88th percentile

17%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$6,537,220

Up $958,417 (+17%) from 2016

Net Assets

Up

$2,503,316

Up $822,015 (+49%) from 2016

Liabilities

Up

$4,033,904

Up $136,402 (+3.5%) from 2016

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin64th percentile

Revenue

Up

$1,610,483

Up $182,524 (+13%) from 2016

Expenses

Up

$911,295

Up $65,302 (+7.7%) from 2016

Net Income

Up

$699,188

Up $117,222 (+20%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$10M$5.0M$0Assets 2011: $5,088,153Liabilities 2011: $4,299,095Net Assets 2011: $789,0582011Assets 2012: $4,596,982Liabilities 2012: $3,681,608Net Assets 2012: $915,3742012Assets 2013: $5,453,144Liabilities 2013: $4,537,236Net Assets 2013: $915,9082013Assets 2014: $5,365,685Liabilities 2014: $4,428,998Net Assets 2014: $936,6872014Assets 2015: $5,341,169Liabilities 2015: $4,241,834Net Assets 2015: $1,099,3352015Assets 2016: $5,578,803Liabilities 2016: $3,897,502Net Assets 2016: $1,681,3012016Assets 2017: $6,537,220Liabilities 2017: $4,033,904Net Assets 2017: $2,503,3162017Assets 2018: $6,694,537Liabilities 2018: $4,120,366Net Assets 2018: $2,574,1712018Assets 2019: $6,569,963Liabilities 2019: $4,010,190Net Assets 2019: $2,559,7732019Assets 2020: $6,034,320Liabilities 2020: $3,946,089Net Assets 2020: $2,088,2312020Assets 2021: $6,982,398Liabilities 2021: $3,960,563Net Assets 2021: $3,021,8352021Assets 2022: $6,977,770Liabilities 2022: $3,863,626Net Assets 2022: $3,114,1442022Assets 2023: $6,789,313Liabilities 2023: $3,832,234Net Assets 2023: $2,957,0792023Assets 2024: $8,052,984Liabilities 2024: $5,239,630Net Assets 2024: $2,813,3542024Assets 2025: $7,649,755Liabilities 2025: $4,092,172Net Assets 2025: $3,557,5832025

Highlighted filing

2017

Assets$6,537,220
Liabilities$4,033,904
Net Assets$2,503,316
Open 2017 Filing

Operations Trend

Revenue Growth69th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $795,007Expenses 2011: $832,030Net Income 2011: -$37,0232011Revenue 2012: $912,035Expenses 2012: $755,072Net Income 2012: $156,9632012Revenue 2013: $736,783Expenses 2013: $767,709Net Income 2013: -$30,9262013Revenue 2014: $847,790Expenses 2014: $827,011Net Income 2014: $20,7792014Revenue 2015: $882,048Expenses 2015: $719,400Net Income 2015: $162,6482015Revenue 2016: $1,427,959Expenses 2016: $845,993Net Income 2016: $581,9662016Revenue 2017: $1,610,483Expenses 2017: $911,295Net Income 2017: $699,1882017Revenue 2018: $1,022,625Expenses 2018: $915,493Net Income 2018: $107,1322018Revenue 2019: $978,309Expenses 2019: $992,707Net Income 2019: -$14,3982019Revenue 2020: $1,036,316Expenses 2020: $1,507,858Net Income 2020: -$471,5422020Revenue 2021: $2,037,235Expenses 2021: $1,102,389Net Income 2021: $934,8462021Revenue 2022: $1,151,857Expenses 2022: $1,061,025Net Income 2022: $90,8322022Revenue 2023: $1,123,682Expenses 2023: $1,280,747Net Income 2023: -$157,0652023Revenue 2024: $2,442,486Expenses 2024: $2,586,211Net Income 2024: -$143,7252024Revenue 2025: $2,454,040Expenses 2025: $1,613,927Net Income 2025: $840,1132025

Highlighted filing

2017

Revenue$1,610,483
Expenses$911,295
Net Income$699,188
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Mar 10, 2018
Return Version
2016v3.0
Gross Receipts
$1,610,483
Mission and Program Overview

Mission

To further the vision of the north american students of cooperation to expand the cooperative movement by providing a property-holding entity to support development.

Holds title to and manages property leased to cooperative housing students and youth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,422,029$5,610,057▲ $1,188,028
Investments in Publicly Traded Securities-$553,424-
Cash and Non-Interest-Bearing Accounts$975,039$157,506▼ $817,533
Accounts Receivable$36,139$102,997▲ $66,858
Other Notes and Loans Receivable, Net$88,914$91,124▲ $2,210
Prepaid Expenses and Deferred Charges$14,550$21,895▲ $7,345
Total Assets$5,578,803$6,537,220▲ $958,417
Other Assets Total$42,132$217▼ $41,915
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,792,287$3,938,259▲ $145,972
Accounts Payable and Accrued Expenses$33,704$93,345▲ $59,641
Other Liabilities$71,511$2,300▼ $69,211
Total Liabilities$3,897,502$4,033,904▲ $136,402
Net Assets / Fund Balance
Unrestricted Net Assets$1,681,301$2,503,316▲ $822,015
Total Net Assets Fund Balance$1,681,301$2,503,316▲ $822,015
Total Liabilities and Net Assets / Fund Balance$5,578,803$6,537,220▲ $958,417

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,248,634$1,246,724$5,495,358
Land$1,315,615-$1,315,615
Other Land Buildings$45,808$30,006$75,814
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Roger D MillerGeneral Manager/SecretaryPT$43,509$43,509

Board Members and Trustees

NameTitle
Rachel SandlePresident
Nico WhiteVice President
Aparaajit SriramDirector
Ari MattelianoDirector
Chiji OchiaghaDirector
Danny MauerDirector
Joel SmithDirector
Jolana WatsonDirector
Meg SeidelDirector
Michael EugenioDirector
Noah CompoDirector
Sam LawDirector
Topaz HooperDirector
Melissa BaberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$700,000
Program Service Revenue
$901,824
Investment Income
$8,659
Other Revenue
$0
All Other Contributions
$700,000
Change in Net Assets
$699,188

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$700,000Fair market value
Total Noncash Contributions1$700,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$911,295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$291,166
Interest---$220,963
Depreciation Depletion---$176,938
Fees for Services Management---$77,750
Insurance---$65,680
Fees for Services Legal---$11,132
Other Expenses---$6,902
Travel---$6,119
All Other Expenses---$6,000
Fees for Services Accounting---$4,980
Total Functional Expenses$0$0$0$911,295
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member deposits$2,300
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Organization has a contract with North American Students of Cooperation for managment services.”

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

“The 990 was provided to the Board prior to filing.”

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

“Included in the Standing Rules of the Organizaiotn is a policy that requires Board members to reproted potential conflicts.”

Form 990, Part VI, Section C, line 19

“All documents are available upon request”

Filing and Contact Details

Filer

Filer Name
NASCO Properties Inc
EIN
38-2801692
Phone
7349452424
Address
1100 W Cermak Road No 514, Chicago, IL 60608

Signing Officer

Name
Roger D Miller
Title
General Manager
Phone
7349452424
Signed
2018-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger D Miller
Formed
1968
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
20

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Paul Betlinski
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part I, #5

“The organization had one employee during the calendar year. The 2016 W-2 and payroll tax returns were prepared by a related 501(c)(3) organizaion, North American Students of Cooperation (FEIN 38-2219436)”

Financial Statement Notes

Part X, Line 2:

“The Organzioation is exempt from income taxes pursuant to Section 501(c)(2) of the Internal Revenue Code. The tax-exempt status and the nature in which the organization operates adheres to the tax-exempt purpose of the organization. There is no uncertain tax position. The Organization's Forms 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 438 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/BOYAmt033704
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt093345
IRS990/AccountsReceivableGrp/BOYAmt036139
IRS990/AccountsReceivableGrp/EOYAmt0102997
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Holds title to and manages property leased to cooperative housing students and youth
IRS990/AllOtherContributionsAmt0700000
IRS990/AllOtherExpensesGrp/TotalAmt06000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Roger Daniel Miller
IRS990/BooksInCareOfDetail/PhoneNum07349452424
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0518 Denver Blvd
IRS990/BooksInCareOfDetail/USAddress/CityNm0San Antonio
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078210
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0975039
IRS990/CashNonInterestBearingGrp/EOYAmt0157506
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0700000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08659
IRS990/CYOtherExpensesAmt0911295
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0901824
IRS990/CYRevenuesLessExpensesAmt0699188
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0911295
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01610483
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt0176938
IRS990/Desc0Held titles and managed properties leased to cooperatives housing students and youth.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt04980
IRS990/FeesForServicesLegalGrp/TotalAmt011132
IRS990/FeesForServicesManagementGrp/TotalAmt077750
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1424.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt144615
IRS990/Form990PartVIISectionAGrp/PersonNm0Rachel Sandle
IRS990/Form990PartVIISectionAGrp/PersonNm1Nico White
IRS990/Form990PartVIISectionAGrp/PersonNm2Melissa Baber
IRS990/Form990PartVIISectionAGrp/PersonNm3Meg Seidel
IRS990/Form990PartVIISectionAGrp/PersonNm4Jolana Watson
IRS990/Form990PartVIISectionAGrp/PersonNm5Ari Matteliano
IRS990/Form990PartVIISectionAGrp/PersonNm6Topaz Hooper
IRS990/Form990PartVIISectionAGrp/PersonNm7Joel Smith
IRS990/Form990PartVIISectionAGrp/PersonNm8Michael Eugenio
IRS990/Form990PartVIISectionAGrp/PersonNm9Chiji Ochiagha
IRS990/Form990PartVIISectionAGrp/PersonNm10Noah Compo
IRS990/Form990PartVIISectionAGrp/PersonNm11Sam Law
IRS990/Form990PartVIISectionAGrp/PersonNm12Danny Mauer
IRS990/Form990PartVIISectionAGrp/PersonNm13Aparaajit Sriram
IRS990/Form990PartVIISectionAGrp/PersonNm14Roger D Miller
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1438894
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14General Manager/Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01610483
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt065680
IRS990/InterestGrp/TotalAmt0220963
IRS990/InvestmentIncomeGrp/ExclusionAmt08659
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08659
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0553424
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01276730
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04422029
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05610057
IRS990/LandBldgEquipCostOrOtherBssAmt06886787
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The primary purpose of NP is to hold title to cooperative properties located throughout the United States, collect rental income and support the activities of NASCO.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03792287
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03938259
IRS990/NetAssetsOrFundBalancesBOYAmt01681301
IRS990/NetAssetsOrFundBalancesEOYAmt02503316
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0700000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0291166
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt042132
IRS990/OtherAssetsTotalGrp/EOYAmt0217
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Board
IRS990/OtherExpensesGrp/Desc2Dues
IRS990/OtherExpensesGrp/Desc3Scholarships
IRS990/OtherExpensesGrp/TotalAmt025500
IRS990/OtherExpensesGrp/TotalAmt110891
IRS990/OtherExpensesGrp/TotalAmt27274
IRS990/OtherExpensesGrp/TotalAmt36902
IRS990/OtherLiabilitiesGrp/BOYAmt071511
IRS990/OtherLiabilitiesGrp/EOYAmt02300
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt088914
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt091124
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014550
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021895
IRS990/PrincipalOfficerNm0Roger D Miller
IRS990/PriorPeriodAdjustmentsAmt0122827
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rent income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0901824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0901824
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0513684
IRS990/PYOtherExpensesAmt0845993
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0914275
IRS990/PYRevenuesLessExpensesAmt0581966
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0845993
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01427959
IRS990/ReconcilationRevenueExpnssAmt0699188
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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/BookValueAmt04248634
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01246724
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05495358
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01315615
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01315615
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt045808
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt075814
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member deposits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organzioation is exempt from income taxes pursuant to Section 501(c)(2) of the Internal Revenue Code. The tax-exempt status and the nature in which the organization operates adheres to the tax-exempt purpose of the organization. There is no uncertain tax position. The Organization's Forms 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05610057
IRS990ScheduleD/TotalLiabilityAmt02300
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0Fair market value
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0700000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has a contract with North American Students of Cooperation for managment services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 was provided to the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Included in the Standing Rules of the Organizaiotn is a policy that requires Board members to reproted potential conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization had one employee during the calendar year. The 2016 W-2 and payroll tax returns were prepared by a related 501(c)(3) organizaion, North American Students of Cooperation (FEIN 38-2219436)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part I, #5
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0North American Students of Cooperation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0382219436
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education regarding cooperatives
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01100 W Cermak Road 514
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060608
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt077750
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0North American Students for Cooperation
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05578803
IRS990/TotalAssetsEOYAmt06537220
IRS990/TotalAssetsGrp/BOYAmt05578803
IRS990/TotalAssetsGrp/EOYAmt06537220
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0700000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0911295
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03897502
IRS990/TotalLiabilitiesEOYAmt04033904
IRS990/TotalLiabilitiesGrp/BOYAmt03897502
IRS990/TotalLiabilitiesGrp/EOYAmt04033904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01681301
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02503316
IRS990/TotalOtherCompensationAmt04615
IRS990/TotalProgramServiceRevenueAmt0901824
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08659
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0901824
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01610483
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05578803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06537220
IRS990/TotReportableCompRltdOrgAmt038894
IRS990/TravelGrp/TotalAmt06119
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01681301
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02503316
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01100 W Cermak Road No 514
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060608
IRS990/VotingMembersGoverningBodyCnt014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,537,220
Liabilities
$4,033,904
Net assets
$2,503,316
Revenue
$1,610,483
Expenses
$911,295
Net income
$699,188
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.65$4.09$3.56$2.45$1.61$0.84
2024Detailed filing. Detailed filing data is available for this year.$8.05$5.24$2.81$2.44$2.59$0.14
2023Detailed filing. Detailed filing data is available for this year.$6.79$3.83$2.96$1.12$1.28$0.16
2022Detailed filing. Detailed filing data is available for this year.$6.98$3.86$3.11$1.15$1.06$0.09
2021Detailed filing. Detailed filing data is available for this year.$6.98$3.96$3.02$2.04$1.10$0.93
2020Detailed filing. Detailed filing data is available for this year.$6.03$3.95$2.09$1.04$1.51$0.47
2019Detailed filing. Detailed filing data is available for this year.$6.57$4.01$2.56$0.98$0.99$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.69$4.12$2.57$1.02$0.92$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.54$4.03$2.50$1.61$0.91$0.70
2016Detailed filing. Detailed filing data is available for this year.$5.58$3.90$1.68$1.43$0.85$0.58
2015Summary only. Only limited summary data is available for this year.$5.34$4.24$1.10$0.88$0.72$0.16
2014Summary only. Only limited summary data is available for this year.$5.37$4.43$0.94$0.85$0.83$0.02
2013Summary only. Only limited summary data is available for this year.$5.45$4.54$0.92$0.74$0.77$0.03
2012Summary only. Only limited summary data is available for this year.$4.60$3.68$0.92$0.91$0.76$0.16
2011Summary only. Only limited summary data is available for this year.$5.09$4.30$0.79$0.80$0.83$0.04