Civic Intelligence

Jericho House Inc.

990 • Fiscal year 2013 • EIN 38-3030619

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 10, 2014

3390 Pine Tree RoadLansing, MI 48911

(231) 728-5303

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

60th percentile

0.08x

Higher debt load relative to revenue than 60% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

30th percentile

-3.2%

Faster asset growth than 30% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

53rd percentile

6.0%

Faster revenue growth than 53% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Down

$877,116

Down $29,166 (-3.2%) from 2012

Net Assets

Down

$868,934

Down $27,190 (-3.0%) from 2012

Liabilities

Down

$8,182

Down $1,976 (-19%) from 2012

Revenue

Up

$96,566

Up $5,452 (+6.0%) from 2012

Expenses

Up

$123,756

Up $3,210 (+2.7%) from 2012

Net Income

Up

-$27,190

Up $2,242 (+7.6%) from 2012

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $983,142Liabilities 2010: $27,410Net Assets 2010: $955,7322010Assets 2011: $939,106Liabilities 2011: $13,550Net Assets 2011: $925,5562011Assets 2012: $906,282Liabilities 2012: $10,158Net Assets 2012: $896,1242012Assets 2013: $877,116Liabilities 2013: $8,182Net Assets 2013: $868,9342013Assets 2014: $850,960Liabilities 2014: $8,151Net Assets 2014: $842,8092014Assets 2015: $823,119Liabilities 2015: $8,507Net Assets 2015: $814,6122015Assets 2016: $794,449Liabilities 2016: $13,107Net Assets 2016: $781,3422016Assets 2017: $764,742Liabilities 2017: $14,560Net Assets 2017: $750,1822017Assets 2018: $719,950Liabilities 2018: $14,988Net Assets 2018: $704,9622018Assets 2019: $680,617Liabilities 2019: $10,725Net Assets 2019: $669,8922019Assets 2020: $652,640Liabilities 2020: $16,344Net Assets 2020: $636,2962020Assets 2021: $629,422Liabilities 2021: $18,481Net Assets 2021: $610,9412021Assets 2022: $586,526Liabilities 2022: $11,306Net Assets 2022: $575,2202022Assets 2023: $549,723Liabilities 2023: $10,924Net Assets 2023: $538,7992023Assets 2024: $513,279Liabilities 2024: $25,112Net Assets 2024: $488,1672024

Highlighted filing

2013

Assets$877,116
Liabilities$8,182
Net Assets$868,934

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $108,2682010Expenses 2011: $113,2912011Revenue 2012: $91,114Expenses 2012: $120,546Net Income 2012: -$29,4322012Revenue 2013: $96,566Expenses 2013: $123,756Net Income 2013: -$27,1902013Revenue 2014: $94,788Expenses 2014: $120,913Net Income 2014: -$26,1252014Revenue 2015: $98,767Expenses 2015: $126,964Net Income 2015: -$28,1972015Revenue 2016: $101,892Expenses 2016: $135,162Net Income 2016: -$33,2702016Revenue 2017: $102,140Expenses 2017: $133,300Net Income 2017: -$31,1602017Revenue 2018: $100,718Expenses 2018: $145,938Net Income 2018: -$45,2202018Revenue 2019: $98,354Expenses 2019: $133,424Net Income 2019: -$35,0702019Revenue 2020: $94,017Expenses 2020: $127,613Net Income 2020: -$33,5962020Revenue 2021: $113,496Expenses 2021: $138,851Net Income 2021: -$25,3552021Revenue 2022: $105,497Expenses 2022: $141,218Net Income 2022: -$35,7212022Revenue 2023: $111,261Expenses 2023: $147,682Net Income 2023: -$36,4212023Revenue 2024: $119,828Expenses 2024: $170,460Net Income 2024: -$50,6322024

Highlighted filing

2013

Revenue$96,566
Expenses$123,756
Net Income-$27,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 10, 2014
Return Version
2013v3.0
Gross Receipts
$96,566
Mission and Program Overview

Mission

To acquire an interest in real property located in munising, michigan, and to construct and operate thereon an apartment building of 15 units.

To acquire an interest in real property and operate low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$727,577$694,674▼ $32,903
Prepaid Expenses and Deferred Charges$3,061$3,056▼ $5
Cash and Non-Interest-Bearing Accounts$1,117$952▼ $165
Accounts Receivable$54$213▲ $159
Total Assets$906,282$877,116▼ $29,166
Other Assets Total$174,473$178,221▲ $3,748
Liabilities
Other Liabilities$4,262$4,200▼ $62
Accounts Payable and Accrued Expenses$5,588$3,953▼ $1,635
Deferred Revenue$308$29▼ $279
Total Liabilities$10,158$8,182▼ $1,976
Net Assets / Fund Balance
Unrestricted Net Assets$896,124$868,934▼ $27,190
Total Net Assets Fund Balance$896,124$868,934▼ $27,190
Total Liabilities and Net Assets / Fund Balance$906,282$877,116▼ $29,166

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$668,778$532,834$1,201,612
Equipment$5,922$16,240$22,162
Land$19,974-$19,974
Other Assets Org$2,426--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles C NebelPresident
Donald KinnunenBoard Member
Joseph DefrancescoBoard Member
Patricia LacombeBoard Member
Joe Paquette JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$94,527
Investment Income
$2,039
Other Revenue
$0
Change in Net Assets
$-27,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$96,566
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$96,566
Total Revenue per Form 990
$96,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,756
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$38,658--$38,658
Depreciation Depletion$32,903--$32,903
Other Expenses$14,518--$14,518
Fees for Services Management$7,020--$7,020
Fees for Services Accounting$5,775--$5,775
Office Expenses$3,439--$3,439
Insurance$414--$414
Advertising$11--$11
Total Functional Expenses$123,756$0$0$123,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$123,756
Total Expenses per Audited Statements$123,756
Total Expenses per Form 990$123,756
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$4,200
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The management company handles the day to day operations of the organization.

Form 990, Part VI, Section B, Line 11

The 990 is received by the president for review, circulation to board members, and approval. After any concerns are addressed, the president signs and files the return.

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

The property manager facilitates all bi-annual board meetings. As part of the facilitation process, the property manager seeks a verbal statement from board members as to any existing or potential conflict of interest. If a potential conflict of interest is identified, the property manager informs the regional property manager and the vice president of the managing agent. The conflicted or potentially conflicted board member abstains from all discussion and voting related to that potential conflict. No potential conflicts were identified in 2013.

Form 990, Part VI, Section C, Line 19

All information is available upon request. Form 990 is also posted annually on guidestar's website.

Filing and Contact Details

Filer

EIN
38-3030619
Phone
2317285303

Signing Officer

Name
Charles Nebel
Title
President
Phone
2317285303
Signed
2014-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Nebel
Formed
1989
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Preparer
David M Raeck CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

In the preparation of the 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 or four years.

Raw XML Appendix382 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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IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0123756
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt019974
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019974
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04201
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14564
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt244228
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3122802
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt42426
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt096566
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN THE PREPARATION OF THE 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 OR FOUR YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0694674
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0178221
IRS990ScheduleD/TotalExpensesPerForm990Amt0123756
IRS990ScheduleD/TotalLiabilityAmt04200
IRS990ScheduleD/TotalRevenuePerForm990Amt096566
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt096566
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0123756
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT COMPANY HANDLES THE DAY TO DAY OPERATIONS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS RECEIVED BY THE PRESIDENT FOR REVIEW, CIRCULATION TO BOARD MEMBERS, AND APPROVAL. AFTER ANY CONCERNS ARE ADDRESSED, THE PRESIDENT SIGNS AND FILES THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROPERTY MANAGER FACILITATES ALL BI-ANNUAL BOARD MEETINGS. AS PART OF THE FACILITATION PROCESS, THE PROPERTY MANAGER SEEKS A VERBAL STATEMENT FROM BOARD MEMBERS AS TO ANY EXISTING OR POTENTIAL CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, THE PROPERTY MANAGER INFORMS THE REGIONAL PROPERTY MANAGER AND THE VICE PRESIDENT OF THE MANAGING AGENT. THE CONFLICTED OR POTENTIALLY CONFLICTED BOARD MEMBER ABSTAINS FROM ALL DISCUSSION AND VOTING RELATED TO THAT POTENTIAL CONFLICT. NO POTENTIAL CONFLICTS WERE IDENTIFIED IN 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0906282
IRS990/TotalAssetsEOYAmt0877116
IRS990/TotalAssetsGrp/BOYAmt0906282
IRS990/TotalAssetsGrp/EOYAmt0877116
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0123756
IRS990/TotalFunctionalExpensesGrp/TotalAmt0123756
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010158
IRS990/TotalLiabilitiesEOYAmt08182
IRS990/TotalLiabilitiesGrp/BOYAmt010158
IRS990/TotalLiabilitiesGrp/EOYAmt08182
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0896124
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0868934
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0123756
IRS990/TotalProgramServiceRevenueAmt094527
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02039
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt094527
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt096566
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0906282
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0877116
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0896124
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0868934
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103390 PINE TREE ROAD
IRS990/USAddress/City0LANSING
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode048911
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES NEBEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02317285303
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10JERICHO HOUSE INC CO KMG PRESTIGE
ReturnHeader/Filer/BusinessNameControlTxt0JERI
ReturnHeader/Filer/EIN0383030619
ReturnHeader/Filer/PhoneNum02317285303
ReturnHeader/Filer/USAddress/AddressLine103390 PINE TREE ROAD
ReturnHeader/Filer/USAddress/City0LANSING
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048911
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382157642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MANER COSTERISAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102425 E GRAND RIVER SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0489123291
ReturnHeader/PreparerPersonGrp/PhoneNum05173237500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M RAECK CPA
ReturnHeader/ReturnTs02014-11-14T14:36:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$0.25$4.88$1.20$1.70$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$0.11$5.39$1.11$1.48$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.11$5.75$1.05$1.41$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$0.18$6.11$1.13$1.39$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.53$0.16$6.36$0.94$1.28$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$0.11$6.70$0.98$1.33$0.35
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.20$0.15$7.05$1.01$1.46$0.45
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.65$0.15$7.50$1.02$1.33$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.94$0.13$7.81$1.02$1.35$0.33
2015Detailed filing. Detailed filing data is available for this year.$8.23$0.09$8.15$0.99$1.27$0.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.51$0.08$8.43$0.95$1.21$0.26
2013Detailed filing. Detailed filing data is available for this year.$8.77$0.08$8.69$0.97$1.24$0.27
2012Summary only. Only limited summary data is available for this year.$9.06$0.10$8.96$0.91$1.21$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.39$0.14$9.26$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$0.27$9.56$1.08
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $500k-$1M nonprofits