Civic Intelligence

Rodney Scheel House Foundation Ltd.

990 • Fiscal year 2017 • EIN 39-1742330

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 28, 2018

2815 Hauk StMadison, WI 53704-5158

(608) 258-2080

Siviq Scores

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

Liabilities / Assets

95th percentile

1.25x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

5.56x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.9%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,268,498

Up $10,797 (+0.9%) from 2016

Net Assets

Up

-$315,649

Up $10,320 (+3.2%) from 2016

Liabilities

Up

$1,584,147

Up $477 (+0.0%) from 2016

Revenue

Up

$285,116

Up $29,748 (+12%) from 2016

Expenses

Up

$274,796

Up $29,275 (+12%) from 2016

Net Income

Up

$10,320

Up $473 (+4.8%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,360,412Liabilities 2010: $1,583,700Net Assets 2010: -$223,2882010Assets 2011: $1,343,288Liabilities 2011: $1,587,735Net Assets 2011: -$244,4472011Assets 2012: $1,338,875Liabilities 2012: $1,585,236Net Assets 2012: -$246,3612012Assets 2013: $1,326,403Liabilities 2013: $1,586,425Net Assets 2013: -$260,0222013Assets 2014: $1,288,258Liabilities 2014: $1,586,703Net Assets 2014: -$298,4452014Assets 2015: $1,243,476Liabilities 2015: $1,579,292Net Assets 2015: -$335,8162015Assets 2016: $1,257,701Liabilities 2016: $1,583,670Net Assets 2016: -$325,9692016Assets 2017: $1,268,498Liabilities 2017: $1,584,147Net Assets 2017: -$315,6492017Assets 2018: $1,220,522Liabilities 2018: $1,590,921Net Assets 2018: -$370,3992018Assets 2019: $1,217,596Liabilities 2019: $1,634,841Net Assets 2019: -$417,2452019Assets 2020: $1,186,548Liabilities 2020: $1,583,368Net Assets 2020: -$396,8202020Assets 2021: $1,172,767Liabilities 2021: $1,600,691Net Assets 2021: -$427,9242021Assets 2022: $1,150,517Liabilities 2022: $1,593,936Net Assets 2022: -$443,4192022Assets 2023: $1,188,675Liabilities 2023: $1,597,807Net Assets 2023: -$409,1322023Assets 2024: $1,190,687Liabilities 2024: $1,597,786Net Assets 2024: -$407,0992024

Highlighted filing

2017

Assets$1,268,498
Liabilities$1,584,147
Net Assets-$315,649

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $223,5212010Expenses 2011: $242,4642011Expenses 2012: $229,8562012Revenue 2013: $218,692Expenses 2013: $232,353Net Income 2013: -$13,6612013Revenue 2014: $217,866Expenses 2014: $256,289Net Income 2014: -$38,4232014Revenue 2015: $235,190Expenses 2015: $272,561Net Income 2015: -$37,3712015Revenue 2016: $255,368Expenses 2016: $245,521Net Income 2016: $9,8472016Revenue 2017: $285,116Expenses 2017: $274,796Net Income 2017: $10,3202017Revenue 2018: $298,512Expenses 2018: $306,819Net Income 2018: -$8,3072018Revenue 2019: $284,730Expenses 2019: $331,576Net Income 2019: -$46,8462019Revenue 2020: $292,190Expenses 2020: $271,765Net Income 2020: $20,4252020Revenue 2021: $282,763Expenses 2021: $313,867Net Income 2021: -$31,1042021Revenue 2022: $324,501Expenses 2022: $339,996Net Income 2022: -$15,4952022Revenue 2023: $330,661Expenses 2023: $296,374Net Income 2023: $34,2872023Revenue 2024: $322,867Expenses 2024: $320,834Net Income 2024: $2,0332024

Highlighted filing

2017

Revenue$285,116
Expenses$274,796
Net Income$10,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 28, 2018
Return Version
2017v2.3
Gross Receipts
$285,116
Mission and Program Overview

Mission

The mission of the rodney scheel house foundation is to make available affordable apartments to be known as the rodney scheel house, where low income families with a member disabled by hiv can make their home and live independently in a caring community.

The rodney scheel house foundation provides affordable housing for low-income individuals with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$866,321$823,631▼ $42,690
Savings and Temporary Cash Investments$302,387$395,113▲ $92,726
Cash and Non-Interest-Bearing Accounts$27,734$32,852▲ $5,118
Prepaid Expenses and Deferred Charges-$6,870-
Pledges and Grants Receivable$8,083$5,846▼ $2,237
Accounts Receivable$53,176$4,186▼ $48,990
Total Assets$1,257,701$1,268,498▲ $10,797
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,572,429$1,572,429→ $0
Other Liabilities$4,439$4,547▲ $108
Deferred Revenue$452$4,194▲ $3,742
Accounts Payable and Accrued Expenses$6,350$2,977▼ $3,373
Total Liabilities$1,583,670$1,584,147▲ $477
Net Assets / Fund Balance
Unrestricted Net Assets$-325,969$-315,649▲ $10,320
Total Net Assets Fund Balance$-325,969$-315,649▲ $10,320
Total Liabilities and Net Assets / Fund Balance$1,257,701$1,268,498▲ $10,797

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$667,025$858,710$1,525,735
Land$154,600-$154,600
Other Land Buildings$2,006$32,882$34,888
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$224,374
Program Service Revenue
$59,965
Investment Income
$777
Other Revenue
$0
All Other Contributions
$42,372
Change in Net Assets
$10,320

Audited Revenue Reconciliation

Revenue per Audited Statements
$285,116
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$285,116
Total Revenue per Form 990
$285,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,796
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$118,056--$118,056
Fees for Services Other$49,768--$49,768
Depreciation Depletion$42,690--$42,690
Office Expenses$32,691$2,525-$35,216
Fees for Services Management-$14,951-$14,951
Fees for Services Accounting-$11,673-$11,673
Travel$1,279$52-$1,331
Information Technology$658--$658
Advertising$383--$383
Conferences and Meetings$67$3-$70
Total Functional Expenses$245,592$29,204$0$274,796

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$274,796
Total Expenses per Audited Statements$274,796
Total Expenses per Form 990$274,796
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
Security Deposits$4,547
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
No

Governance Explanations

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

The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
The Rodney Scheel House Foundation Ltd
EIN
39-1742330
Phone
6082582080
Address
2815 HAUK ST, MADISON, WI 53704-5158

Signing Officer

Name
Curt Peerenboom
Title
Treasurer
Phone
6082582080
Signed
2018-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curt Peerenboom
Formed
1992
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Mike Hablewitz CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Residential property managing services: program service expenses 49,768. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,768.

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IRS990ScheduleA/PublicSupportCY170Pct00.99670
IRS990ScheduleA/PublicSupportPY170Pct00.99690
IRS990ScheduleA/PublicSupportTotal170Amt0923318
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0224374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0192524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0175242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0167284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0163894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0923318
IRS990ScheduleA/TotalSupportAmt0926375
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0667025
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0858710
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01525735
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0274796
IRS990ScheduleD/LandGrp/BookValueAmt0154600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0154600
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02006
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032882
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0285116
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0823631
IRS990ScheduleD/TotalExpensesPerForm990Amt0274796
IRS990ScheduleD/TotalLiabilityAmt04547
IRS990ScheduleD/TotalRevenuePerForm990Amt0285116
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0285116
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0274796
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RESIDENTIAL PROPERTY MANAGING SERVICES: PROGRAM SERVICE EXPENSES 49,768. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,768.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PROJECT HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391279307
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REPAIRS AND WEATHERIZATION FOR LOW-INCOME HOMEOWNERS AND OCCUPANTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03841 KIPP ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MADISON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0537186878
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01257701
IRS990/TotalAssetsEOYAmt01268498
IRS990/TotalAssetsGrp/BOYAmt01257701
IRS990/TotalAssetsGrp/EOYAmt01268498
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0224374
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029204
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0245592
IRS990/TotalFunctionalExpensesGrp/TotalAmt0274796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01583670
IRS990/TotalLiabilitiesEOYAmt01584147
IRS990/TotalLiabilitiesGrp/BOYAmt01583670
IRS990/TotalLiabilitiesGrp/EOYAmt01584147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-325969
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-315649
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0245592
IRS990/TotalProgramServiceRevenueAmt059965
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0777
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt059965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0285116
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01257701
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01268498
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt052
IRS990/TravelGrp/ProgramServicesAmt01279
IRS990/TravelGrp/TotalAmt01331
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-325969
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-315649
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02815 HAUK ST
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0537045158
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CURT PEERENBOOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06082582080
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RODNEY SCHEEL HOUSE FOUNDATION LTD
ReturnHeader/Filer/BusinessNameControlTxt0RODN
ReturnHeader/Filer/EIN0391742330
ReturnHeader/Filer/PhoneNum06082582080
ReturnHeader/Filer/USAddress/AddressLine1Txt02815 HAUK ST
ReturnHeader/Filer/USAddress/CityNm0MADISON

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$1.60$0.41$0.32$0.32$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.19$1.60$0.41$0.33$0.30$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.15$1.59$0.44$0.32$0.34$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.17$1.60$0.43$0.28$0.31$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.19$1.58$0.40$0.29$0.27$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.22$1.63$0.42$0.28$0.33$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.22$1.59$0.37$0.30$0.31$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.27$1.58$0.32$0.29$0.27$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.26$1.58$0.33$0.26$0.25$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.24$1.58$0.34$0.24$0.27$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.29$1.59$0.30$0.22$0.26$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.33$1.59$0.26$0.22$0.23$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.59$0.25$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.59$0.24$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$1.58$0.22$0.22