Civic Intelligence

Cedar Court Apartments

EIN 39-1412339 • 501(c)3 • Medford, WI

Profile

To provide low-income housing to the elderly and handicapped persons regardless of their ability to pay.

135 South Gibson StreetMedford, WI 54451

n/A

Siviq Scores

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

Liabilities / Assets

65th percentile

0.08x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.14x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

63rd percentile

9.0%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

88th percentile

75%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$777,427

Up $64,148 (+9.0%) from 2024

Liabilities

Down

$60,383

Down $166,899 (-73%) from 2024

Net Assets

Up

$717,044

Up $231,047 (+48%) from 2024

Revenue

Up

$418,532

Up $179,855 (+75%) from 2024

Expenses

Up

$187,485

Up $30,310 (+19%) from 2024

Net Income

Up

$231,047

Up $149,545 (+183%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2014: $448,970Liabilities 2014: $488,117Net Assets 2014: -$39,1472014Assets 2015: $448,897Liabilities 2015: $454,366Net Assets 2015: -$5,4692015Assets 2016: $457,789Liabilities 2016: $435,194Net Assets 2016: $22,5952016Assets 2017: $471,112Liabilities 2017: $417,460Net Assets 2017: $53,6522017Assets 2018: $463,037Liabilities 2018: $369,197Net Assets 2018: $93,8402018Assets 2019: $490,883Liabilities 2019: $350,039Net Assets 2019: $140,8442019Assets 2020: $511,236Liabilities 2020: $315,617Net Assets 2020: $195,6192020Assets 2021: $554,451Liabilities 2021: $299,878Net Assets 2021: $254,5732021Assets 2022: $614,274Liabilities 2022: $287,273Net Assets 2022: $327,0012022Assets 2023: $653,862Liabilities 2023: $249,367Net Assets 2023: $404,4952023Assets 2024: $713,279Liabilities 2024: $227,282Net Assets 2024: $485,9972024Assets 2025: $777,427Liabilities 2025: $60,383Net Assets 2025: $717,0442025

Highlighted filing

2025

Assets$777,427
Liabilities$60,383
Net Assets$717,044

Operations Trend

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

$600K$400K$200K$0Revenue 2014: $221,415Expenses 2014: $200,228Net Income 2014: $21,1872014Revenue 2015: $215,614Expenses 2015: $181,936Net Income 2015: $33,6782015Revenue 2016: $211,723Expenses 2016: $183,659Net Income 2016: $28,0642016Revenue 2017: $220,593Expenses 2017: $189,536Net Income 2017: $31,0572017Revenue 2018: $222,363Expenses 2018: $182,175Net Income 2018: $40,1882018Revenue 2019: $224,932Expenses 2019: $177,928Net Income 2019: $47,0042019Revenue 2020: $231,961Expenses 2020: $177,186Net Income 2020: $54,7752020Revenue 2021: $235,105Expenses 2021: $176,151Net Income 2021: $58,9542021Revenue 2022: $244,106Expenses 2022: $171,678Net Income 2022: $72,4282022Revenue 2023: $232,330Expenses 2023: $154,836Net Income 2023: $77,4942023Revenue 2024: $238,677Expenses 2024: $157,175Net Income 2024: $81,5022024Revenue 2025: $418,532Expenses 2025: $187,485Net Income 2025: $231,0472025

Highlighted filing

2025

Revenue$418,532
Expenses$187,485
Net Income$231,047

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$0.60$7.17$4.19$1.87$2.31
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.13$2.27$4.86$2.39$1.57$0.82
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$2.49$4.04$2.32$1.55$0.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.14$2.87$3.27$2.44$1.72$0.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$3.00$2.55$2.35$1.76$0.59
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$3.16$1.96$2.32$1.77$0.55
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$3.50$1.41$2.25$1.78$0.47
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.63$3.69$0.94$2.22$1.82$0.40
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$4.17$0.54$2.21$1.90$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$4.35$0.23$2.12$1.84$0.28
2015Summary only. Only limited summary data is available for this year.$4.49$4.54$0.05$2.16$1.82$0.34
2014Detailed filing. Detailed filing data is available for this year.$4.49$4.88$0.39$2.21$2.00$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Jul 31, 2025
Return Version
2024v5.2
Gross Receipts
$418,532
Mission and Program Overview

Mission

The mission of cedar court apartments, inc. Is to provide elderly and disabled persons with housing facilities and services specifically designed to meet their physical, social and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$146,634$346,680▲ $200,046
Savings and Temporary Cash Investments$42,689$50,879▲ $8,190
Accounts Receivable$809$0▼ $809
Prepaid Expenses and Deferred Charges$1,572$565▼ $1,007
Total Assets$713,279$777,427▲ $64,148
Other Assets Total$521,575$379,303▼ $142,272
Liabilities
Other Liabilities$173,129$42,731▼ $130,398
Mortgage Notes Payable Secured by Investment Property$36,577$0▼ $36,577
Accounts Payable and Accrued Expenses$9,735$9,686▼ $49
Escrow Account Liability$7,841$7,956▲ $115
Deferred Revenue$0$10▲ $10
Total Liabilities$227,282$60,383▼ $166,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$485,997$717,044▲ $231,047
Total Net Assets Fund Balance$485,997$717,044▲ $231,047
Total Liabilities and Net Assets / Fund Balance$713,279$777,427▲ $64,148

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$303,634$1,158,851$1,462,485
Equipment$9,182$30,765$39,947
Land$33,864-$33,864
Other Assets Org$1,241--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John LangeChairperson
Jason TroxellPresident
Dale HustedtPresident (thru 10/2024)
Candice GrunsethVice Chairperson
Beth Van Der BergDirector
Colton FreibergDirector
Len HammanDirector
Randi WernerDirector
William KlingbeilDirector
Greg ShawCFO
Randy JuedesSecretary
Jason SteligaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$301,004
Program Service Revenue
$107,995
Investment Income
$9,533
Other Revenue
$0
Change in Net Assets
$231,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,485
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$88,034--$88,034
Depreciation Depletion$26,353--$26,353
Fees for Services Management-$13,340-$13,340
Fees for Services Accounting-$8,332-$8,332
Interest-$881-$881
Fees for Services Other-$355-$355
Other Expenses$148--$148
Total Functional Expenses$164,577$22,908$0$187,485
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
Residual Receipts Available for Recapture$42,731
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization's members are the board of directors of fulcrum foundation, inc. (fka memorial member association)

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

The organization's board of directors are elected by the members of fulcrum foundation, inc. (fka memorial member association)

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

Amendments to the organization's governing documents must be approved by a majority of the members.

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

The accounting department accumulates all form 990 information. These documents are reviewed by the cfo prior to submission to the internal revenue service and are made available to the board of directors through director's desk or other means of electronic retrieval.

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

The organization's conflict of interest policy covers members of the board of directors or committees thereof. The board or committee to which such disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor use personal influence on, or participate (other than to present factual information to or respond to questions) in the discussions and deliberations with respect to such contract or transactions. Such person may be counted in determining the existence of a quorum at any meeting where the contract or transaction is under discussions or is being voted upon. The minutes of the meeting shall reflect the disclosure made, the vote thereon and, where applicable, the abstention from voting and participation, and whether a quorum was present.

Form 990, Part VI, Section B, Line 15

Cedar court apartments, inc. Does not have any employees. Cedar court apartments, inc. Is managed and operated by the management of aspirus medford hospital & clinics, inc. Aspirus medford hospital & clinics, inc. Used the following practices for establishing compensation for such individuals: compensation committee, independent compensation consultant, written employment contract, compensation survey or study, and approval by the board or compensation committee.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Form 990, Part VII, Section A

All members of the fulcrum foundation, inc.'s board of directors serve on the board of cedar court apartments, inc. Matters involving cedar court apartments, inc. Are resolved during regularly scheduled meetings of the fulcrum foundation, inc.'s board; as such, no additional time has been allocated to the additional related organization. In addition, some officers and directors also provided service to other related organizations other than cedar court apartments, inc. And fulcrum foundation, inc. These hours are reflected in line 2 of column b.

Filing and Contact Details

Filer

Filer Name
Cedar Court Apartments Inc
EIN
39-1412339
Phone
7157488100
Address
135 SOUTH GIBSON STREET, MEDFORD, WI 54451

Signing Officer

Name
Greg Shaw
Title
CFO
Phone
7157488100
Signed
2025-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Lange
Formed
1982
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
12

Preparer

Firm
Wipfli Llp
Address
1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
Preparer
Michael J Peterson CPA
Phone
2187224705
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The organization holds tenant security deposits as a matching asset and liability.

Raw XML AppendixShowing 400 of 510 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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IRS990/ActivityOrMissionDesc0THE MISSION OF CEDAR COURT APARTMENTS, INC. IS TO PROVIDE ELDERLY AND DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE MISSION OF CEDAR COURT APARTMENTS, INC. IS TO PROVIDE ELDERLY AND DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01572
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0565
IRS990/PrincipalOfficerNm0JOHN LANGE
IRS990/ProfessionalFundraisingInd00
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IRS990ScheduleA/InvestmentIncomePYPct00.01190
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94800
IRS990ScheduleA/PublicSupportPY509Pct00.95350
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt013956
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt07214
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt06374
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt049019
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0303634
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IRS990ScheduleD/ExplanationProvidedInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt033864
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07956
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1370106
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21241
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDUAL RECEIPTS AVAILABLE FOR RECAPTURE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS AS A MATCHING ASSET AND LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0379303
IRS990ScheduleD/TotalLiabilityAmt042731
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS ARE THE BOARD OF DIRECTORS OF FULCRUM FOUNDATION, INC. (FKA MEMORIAL MEMBER ASSOCIATION)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF FULCRUM FOUNDATION, INC. (FKA MEMORIAL MEMBER ASSOCIATION)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AMENDMENTS TO THE ORGANIZATION'S GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ACCOUNTING DEPARTMENT ACCUMULATES ALL FORM 990 INFORMATION. THESE DOCUMENTS ARE REVIEWED BY THE CFO PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE AND ARE MADE AVAILABLE TO THE BOARD OF DIRECTORS THROUGH DIRECTOR'S DESK OR OTHER MEANS OF ELECTRONIC RETRIEVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS MEMBERS OF THE BOARD OF DIRECTORS OR COMMITTEES THEREOF. THE BOARD OR COMMITTEE TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, BY MAJORITY VOTE, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE PERSONAL INFLUENCE ON, OR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION TO OR RESPOND TO QUESTIONS) IN THE DISCUSSIONS AND DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTIONS. SUCH PERSON MAY BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHERE THE CONTRACT OR TRANSACTION IS UNDER DISCUSSIONS OR IS BEING VOTED UPON. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CEDAR COURT APARTMENTS, INC. DOES NOT HAVE ANY EMPLOYEES. CEDAR COURT APARTMENTS, INC. IS MANAGED AND OPERATED BY THE MANAGEMENT OF ASPIRUS MEDFORD HOSPITAL & CLINICS, INC. ASPIRUS MEDFORD HOSPITAL & CLINICS, INC. USED THE FOLLOWING PRACTICES FOR ESTABLISHING COMPENSATION FOR SUCH INDIVIDUALS: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL MEMBERS OF THE FULCRUM FOUNDATION, INC.'S BOARD OF DIRECTORS SERVE ON THE BOARD OF CEDAR COURT APARTMENTS, INC. MATTERS INVOLVING CEDAR COURT APARTMENTS, INC. ARE RESOLVED DURING REGULARLY SCHEDULED MEETINGS OF THE FULCRUM FOUNDATION, INC.'S BOARD; AS SUCH, NO ADDITIONAL TIME HAS BEEN ALLOCATED TO THE ADDITIONAL RELATED ORGANIZATION. IN ADDITION, SOME OFFICERS AND DIRECTORS ALSO PROVIDED SERVICE TO OTHER RELATED ORGANIZATIONS OTHER THAN CEDAR COURT APARTMENTS, INC. AND FULCRUM FOUNDATION, INC. THESE HOURS ARE REFLECTED IN LINE 2 OF COLUMN B.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII, SECTION A
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

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