Independence Square Apartments II Inc

990EZ • Fiscal year 2011 • EIN 38-3295366

Jan 01, 2011 to Dec 31, 2011 • Filed on Feb 27, 2012

Organization Profile N/A

3051 Commerce DriveRoom/Suite Ste 548059

Siviq Scores

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

0.03x

Higher debt load relative to assets than 66% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

0.15x

Higher debt load relative to revenue than 84% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

-5.3%

Higher net margin than 32% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-0.0%

Faster asset growth than 49% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

2.6%

Faster revenue growth than 54% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets66th percentile

Assets

Down

$336,420

Down $142 (-0.0%) from 2010

Net Assets

Down

$326,856

Down $3,336 (-1.0%) from 2010

Liabilities

$9,564

Up $3,194 (+50%) from 2010

Revenue And Expenses

Liabilities / Revenue84th percentile Net Margin32nd percentile

Revenue

$62,503

Up $1,612 (+2.6%) from 2010

Expenses

$65,839

Up $2,742 (+4.3%) from 2010

Net Income

Down

-$3,336

Down $1,130 (-51%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

Highlighted filing

2011

Assets$336,420

Liabilities$9,564

Net Assets$326,856

Open 2011 Filing

Operations Trend

Revenue Growth54th percentile

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

Highlighted filing

2011

Revenue$62,503

Expenses$65,839

Net Income-$3,336

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Feb 27, 2012
Return Version: 2011v1.2

Mission and Program Overview

Mission

To provide elderly persons and handicapped persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs.

Filing and Contact Details

Filer

EIN: 38-3295366

Raw XML Appendix184 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
CompensationExplanation/Compensation/PersonName	0	JUDY WORTHINGTON
CompensationExplanation/Compensation/PersonName	1	FRANK BACON
CompensationExplanation/Compensation/PersonName	2	RICH WARD
CompensationExplanation/Compensation/PersonName	3	HELEN RUFFING
CompensationExplanation/Compensation/PersonName	4	HARRY OLDENBURG
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	245
IRS990EZ/CashSavingsAndInvestments/EOY	0	9435
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-3336
IRS990EZ/FeesAndOthPymtToIndContractors	0	8727
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GrossReceipts	0	62503
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InvestmentIncome	0	4047
IRS990EZ/LandAndBuildings/BOY	0	272705
IRS990EZ/LandAndBuildings/EOY	0	263064
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	330192
IRS990EZ/NetAssetsOrFundBalancesBOY	0	330192
IRS990EZ/NetAssetsOrFundBalances/EOY	0	326856
IRS990EZ/NetAssetsOrFundBalancesEOY	0	326856
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	5943
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	0	8614 ANCHOR BAY DRIVE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	1	701 EDISON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	2	3051 COMMERCE DRIVE SUITE 3
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	3	4163 QUAKER HILL
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	4	73 LODEWYCK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	0	ALGONAC
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	1	PORT HURON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	2	FORT GRATIOT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	3	FORT GRATIOT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	4	MT CLEMENS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	0	MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	1	MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	2	MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	3	MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	4	MI
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	0	48001
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	1	48060
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	2	48059
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	3	48059
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	4	48043
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	4	1.00
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/PersonName	0	JUDY WORTHINGTON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	FRANK BACON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	RICH WARD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	HELEN RUFFING
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	HARRY OLDENBURG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	V. PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	BOARD MEMBER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	63612
IRS990EZ/OtherAssetsTotal/EOY	0	63921
IRS990EZ/OtherExpensesTotal	0	51169
IRS990EZ/OtherRevenueTotal	0	2296
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO PROVIDE LOW INCOME, HANDICAPPED HOUSING THROUGH H.U.D. CONTRACTS
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	TO PROVIDE HOUSING TO LOW INCOME, HANDICAPPED ADULT INDIVIDUALS THRU A CONTRACT WITH H.U.D. (5 TENANTS)
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	34567
IRS990EZ/ProgramServiceRevenue	0	56160
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	MI
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	6370
IRS990EZ/SumOfTotalLiabilities/EOY	0	9564
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	3051 COMMERCE DR SUITE 5
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	FORT GRATIOT
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	48059
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	RENAE KIEHLER
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8103854463
IRS990EZ/TotalAssets/BOY	0	336562
IRS990EZ/TotalAssets/EOY	0	336420
IRS990EZ/TotalExpenses	0	65839
IRS990EZ/TotalProgramServiceExpenses	0	34567
IRS990EZ/TotalRevenue	0	62503
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	37692
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	36911
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years	0	33463
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	46038
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years	0	40311
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	194415
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear	0	22515
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year	0	21786
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years	0	20292
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years	0	20102
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years	0	19733
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	104428
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc	0	58456
IRS990ScheduleA/OtherIncome170/CurrentTaxYear	0	2296
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year	0	2194
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years	0	3075
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years	0	2541
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years	0	1830
IRS990ScheduleA/OtherIncome170/Total	0	11936
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPertcentage170	0	0.62560
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	0.61940
IRS990ScheduleA/PublicSupportTotal170	0	194415
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYear	0	37692
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year	0	36911
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years	0	33463
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	46038
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years	0	40311
IRS990ScheduleA/Total170/Total	0	194415
IRS990ScheduleA/TotalSupport	0	310779
IRS990ScheduleO/GeneralExplanation/Explanation	0	LAUNDRY & VENDING 2,296 TOTAL 2,296
IRS990ScheduleO/GeneralExplanation/Explanation	1	EXPENSES SUPPLIES 1,005 INSURANCE 1,950 MANAGEMENT FEE 3,168 MGR./SUPER FREE RENT 9,360 CONTRACTS 14,883 TAXES & LICENSES 868 MISCELLANEOUS 780 RESIDENT MANAGER EXPENSE 4,800 CONTRACT WAGES AND EXPENS 4,714 NON-INVESTMENT DEPRECIATION 9,641 TOTAL 51,169
IRS990ScheduleO/GeneralExplanation/Explanation	2	GRANTS RECEIVABLE 3,981 0 ACCOUNTS RECEIVABLE 721 584 PREPAID EXPENSES AND DEFERRED CHARGES 1,523 1,696 TENANT SECURITY DEPOSITS 1,036 1,036 RESTRICTED DEPOSITS/REPLACEMENT 13,855 14,947 RESTRICTED DEPOSITS/RESIDUAL 42,496 45,658 TOTAL 63,612 63,921
IRS990ScheduleO/GeneralExplanation/Explanation	3	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,226 8,368 DEFERRED REVENUE 108 160 TENANT SECURITY DEPOSITS 1,036 1,036
IRS990ScheduleO/GeneralExplanation/Explanation	4	TO PROVIDE LOW INCOME, HANDICAPPED HOUSING THROUGH H.U.D. CONTRACTS
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER REVENUE
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	3	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier	4	PRIMARY EXEMPT PURPOSE
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 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	383295366
ReturnHeader/Filer/Name/BusinessNameLine1	0	INDEPENDENCE SQUARE APARTMENTS II
ReturnHeader/Filer/Name/BusinessNameLine2	0	INC
ReturnHeader/Filer/NameControl	0	INDE
ReturnHeader/Filer/Phone	0	8103854463
ReturnHeader/Filer/USAddress/AddressLine1	0	3051 COMMERCE DRIVE
ReturnHeader/Filer/USAddress/AddressLine2	0	ROOM/SUITE STE 5
ReturnHeader/Filer/USAddress/City	0	FORT GRATIOT
ReturnHeader/Filer/USAddress/State	0	MI
ReturnHeader/Filer/USAddress/ZIPCode	0	48059
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2012-02-27
ReturnHeader/Officer/Name	0	HELEN RUFFING
ReturnHeader/Officer/Phone	0	8103854463
ReturnHeader/Officer/Title	0	SECRETARY
ReturnHeader/Preparer/DatePrepared	0	2012-03-19
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	STEWART BEAUVAIS & WHIPPLE PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	1979 HOLLAND AVE SUITE A
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	PORT HURON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	480608639
ReturnHeader/Preparer/Name	0	CHRISTINE I LATOUR CPA MST
ReturnHeader/Preparer/Phone	0	8109843829
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-03-19T14:55:44-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $336,420
Liabilities: $9,564
Net assets: $326,856
Revenue: $62,503
Expenses: $65,839
Net income: -$3,336

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.67	$0.11	$1.56	$0.67	$0.74	$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.71	$0.08	$1.63	$0.69	$0.74	$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.76	$0.09	$1.67	$0.83	$0.92	$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.85	$0.08	$1.77	$0.80	$0.90	$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.00	$0.11	$1.89	$1.08	$1.10	$0.02
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$2.27	$0.34	$1.93	$0.73	$0.76	$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.38	$0.43	$1.95	$0.79	$0.90	$0.11
2018Detailed filing. Detailed filing data is available for this year.	$2.67	$0.62	$2.05	$0.64	$0.78	$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.75	$0.55	$2.20	$0.63	$0.71	$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.86	$0.59	$2.27	$0.64	$0.75	$0.12
2015Detailed filing. Detailed filing data is available for this year.	$2.90	$0.51	$2.40	$0.64	$1.21	$0.58
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.07	$0.09	$2.98	$0.64	$0.79	$0.15
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$3.14	$0.03	$3.11	$0.59	$0.63	$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.27	$0.08	$3.18	$0.60	$0.68	$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.36	$0.10	$3.27	$0.63	$0.66	$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.37	$0.06	$3.30	$0.61	$0.63	$0.02