Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Unknown Organization
EIN 39-1521202 • 501(c)4 • Madison, WI
Profile
Provide low cost housing to persons with special needs
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
2.75x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Balance Sheet
Assets
Down$225,539
Down $8,605 (-3.7%) from 2013
Liabilities
Down$620,792
Down $205 (-0.0%) from 2013
Net Assets
Down-$395,253
Down $8,400 (-2.2%) from 2013
Revenue
Up$93,169
Up $5,880 (+6.7%) from 2013
Expenses
Down$101,569
Down $3,431 (-3.3%) from 2013
Net Income
Up-$8,400
Up $9,311 (+53%) from 2013
Trend Graphs
Filings
Most recent year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $225,539
- Liabilities
- $620,792
- Net assets
- -$395,253
- Revenue
- $93,169
- Expenses
- $101,569
- Net income
- -$8,400
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Jun 17, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $93,169
Mission and Program Overview
Mission
Provide low cost housing to persons with special needs
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED 20 RENTAL UNITS MONTHLY TO LOW-INCOME, ELDERLY, OR HANDICAPPED PERSONS. | $0 | $83,371 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GUY GOSSENS | President | - | $0 | - | - |
| MARY FLAK | Treasurer | - | $0 | - | - |
| DENISE UMLAUFT | Vice President | - | $0 | - | - |
| MARY ANN FREUND | Secretary | - | $0 | - | - |
| DOUGLAS FREUND | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sherwood Cliffs Apartments Inc
- EIN
- 39-1521202
- Phone
- 6082844660
- Address
- 2040 S PARK STREET, MADISON, WI 53713
Signing Officer
- Name
- Bonnie Bartnick
- Title
- Management Agent
- Phone
- 6082582080
- Signed
- 2015-06-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Schenck Sc
- Address
- PO BOX 23819, GREEN BAY, WI 54305-3819
- Preparer
- David L Maccoux
- Phone
- 9204367800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 8.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: miscellaneous income. Amount: 1,460.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising. Amount: 423. Description: management fees. Amount: 9,687. Description: misc. Administrative expenses. Amount: 352. Description: payroll taxes. Amount: 582. Description: office expense. Amount: 1,498. Description: bad debts. Amount: 4,005. Description: insurance. Amount: 872. Description: entity administrative expense. Amount: 1,097. Total to form 990-ez, line 16: 18,516.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other. Beg. Of year amount: 67. End of year amount: 67. Description: accounts receivable. Beg. Of year amount: 1,675. End of year amount: 2,060.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: mortgages payable. Beg. Of year amount: 605,481. End of year amount: 601,747. Description: security deposits. Beg. Of year amount: 2,847. End of year amount: 3,789. Description: accounts payable. Beg. Of year amount: 11,157. End of year amount: 7,950. Description: accrued rent. Beg. Of year amount: 519. End of year amount: 1,640. Description: accrued interest. Beg. Of year amount: 993. End of year amount: 5,666.”
Raw XML Appendix133 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WISCONSIN MANAGEMENT COMPANY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6082844660 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2040 S PARK STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MADISON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 53713 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11530 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19199 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8400 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1762 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 234144 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 225539 |
| IRS990EZ/GrossReceiptsAmt | 0 | 93169 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 8 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 220872 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 204213 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -386853 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -395253 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -386853 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -395253 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 66818 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GUY GOSSENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARY FLAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENISE UMLAUFT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARY ANN FREUND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DOUGLAS FREUND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1742 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2127 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18516 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1460 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE LOW COST HOUSING TO PERSONS WITH SPECIAL NEEDS |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 91701 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED 20 RENTAL UNITS MONTHLY TO LOW-INCOME, ELDERLY, OR HANDICAPPED PERSONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 83371 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 14473 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 620997 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 620792 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 101569 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 83371 |
| IRS990EZ/TotalRevenueAmt | 0 | 93169 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 8. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 1,460. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ADVERTISING. AMOUNT: 423. DESCRIPTION: MANAGEMENT FEES. AMOUNT: 9,687. DESCRIPTION: MISC. ADMINISTRATIVE EXPENSES. AMOUNT: 352. DESCRIPTION: PAYROLL TAXES. AMOUNT: 582. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,498. DESCRIPTION: BAD DEBTS. AMOUNT: 4,005. DESCRIPTION: INSURANCE. AMOUNT: 872. DESCRIPTION: ENTITY ADMINISTRATIVE EXPENSE. AMOUNT: 1,097. TOTAL TO FORM 990-EZ, LINE 16: 18,516. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: OTHER. BEG. OF YEAR AMOUNT: 67. END OF YEAR AMOUNT: 67. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,675. END OF YEAR AMOUNT: 2,060. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: MORTGAGES PAYABLE. BEG. OF YEAR AMOUNT: 605,481. END OF YEAR AMOUNT: 601,747. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,847. END OF YEAR AMOUNT: 3,789. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 11,157. END OF YEAR AMOUNT: 7,950. DESCRIPTION: ACCRUED RENT. BEG. OF YEAR AMOUNT: 519. END OF YEAR AMOUNT: 1,640. DESCRIPTION: ACCRUED INTEREST. BEG. OF YEAR AMOUNT: 993. END OF YEAR AMOUNT: 5,666. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BONNIE BARTNICK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGEMENT AGENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6082582080 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-06-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SHERWOOD CLIFFS APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SHER |
| ReturnHeader/Filer/EIN | 0 | 391521202 |
| ReturnHeader/Filer/PhoneNum | 0 | 6082844660 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2040 S PARK STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MADISON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 53713 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 391173131 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHENCK SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 23819 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREEN BAY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 543053819 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9204367800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-06-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID L MACCOUX |
| ReturnHeader/ReturnTs | 0 | 2015-06-23T11:49:52-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
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