Civic Intelligence

Oakfield Housing Inc.

990EZ • Fiscal year 2016 • EIN 39-1877014

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 18, 2017

2 EAST MIFFLIN STREET No 801Madison, WI 53703

(608) 663-6390

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

47th percentile

0.2%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$413,787

Up $667 (+0.2%) from 2015

Net Assets

Up

$395,312

Up $1,066 (+0.3%) from 2015

Liabilities

Down

$18,475

Down $399 (-2.1%) from 2015

Revenue

Up

$52,387

Up $7,461 (+17%) from 2015

Expenses

Down

$51,321

Down $557 (-1.1%) from 2015

Net Income

Up

$1,066

Up $8,018 (+115%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $459,270Liabilities 2010: $64,982Net Assets 2010: $394,2882010Assets 2011: $451,761Liabilities 2011: $65,734Net Assets 2011: $386,0272011Assets 2012: $457,412Liabilities 2012: $62,075Net Assets 2012: $395,3372012Assets 2013: $440,669Liabilities 2013: $40,667Net Assets 2013: $400,0022013Assets 2014: $428,945Liabilities 2014: $27,747Net Assets 2014: $401,1982014Assets 2015: $413,120Liabilities 2015: $18,874Net Assets 2015: $394,2462015Assets 2016: $413,787Liabilities 2016: $18,475Net Assets 2016: $395,3122016Assets 2017: $400,668Liabilities 2017: $11,496Net Assets 2017: $389,1722017Assets 2018: $391,487Liabilities 2018: $11,133Net Assets 2018: $380,3542018Assets 2019: $377,470Liabilities 2019: $12,880Net Assets 2019: $364,5902019Assets 2020: $366,740Liabilities 2020: $5,952Net Assets 2020: $360,7882020Assets 2021: $364,389Liabilities 2021: $8,799Net Assets 2021: $355,5902021Assets 2022: $359,647Liabilities 2022: $10,284Net Assets 2022: $349,3632022Assets 2023: $338,991Liabilities 2023: $9,833Net Assets 2023: $329,1582023Assets 2024: $331,706Liabilities 2024: $22,907Net Assets 2024: $308,7992024

Highlighted filing

2016

Assets$413,787
Liabilities$18,475
Net Assets$395,312

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $72,713Expenses 2010: $47,434Net Income 2010: $25,2792010Revenue 2011: $44,458Expenses 2011: $52,719Net Income 2011: -$8,2612011Revenue 2012: $60,593Expenses 2012: $51,283Net Income 2012: $9,3102012Revenue 2013: $57,190Expenses 2013: $52,525Net Income 2013: $4,6652013Revenue 2014: $53,118Expenses 2014: $51,922Net Income 2014: $1,1962014Revenue 2015: $44,926Expenses 2015: $51,878Net Income 2015: -$6,9522015Revenue 2016: $52,387Expenses 2016: $51,321Net Income 2016: $1,0662016Revenue 2017: $61,824Expenses 2017: $67,964Net Income 2017: -$6,1402017Revenue 2018: $65,479Expenses 2018: $74,297Net Income 2018: -$8,8182018Revenue 2019: $61,100Expenses 2019: $76,864Net Income 2019: -$15,7642019Revenue 2020: $73,679Expenses 2020: $77,481Net Income 2020: -$3,8022020Revenue 2021: $68,621Expenses 2021: $73,819Net Income 2021: -$5,1982021Revenue 2022: $67,614Expenses 2022: $73,841Net Income 2022: -$6,2272022Revenue 2023: $72,273Expenses 2023: $92,478Net Income 2023: -$20,2052023Revenue 2024: $86,014Expenses 2024: $106,058Net Income 2024: -$20,0442024

Highlighted filing

2016

Revenue$52,387
Expenses$51,321
Net Income$1,066
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 18, 2017
Return Version
2016v3.0
Gross Receipts
$52,387
Mission and Program Overview

Mission

To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness and usefulness in longer living, the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a nonprofit basis.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE LOW-INCOME HOUSING TO ELDERLY AND DISABLED PERSONS. THE WHPC BOARD OF DIRECTORS REPLACED the former Board IN APRIL 2010. AT THAT TIME, ONLY TWO OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS. AS OF DECEMBER 31, 2016, EIGHT OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS.$0$47,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN PETERSEN IIIPresident-$0--
JAMES P HOLTChairman & Treasurer-$0--
ANN F WENZELDirector-$0--
DAVID KRUGERDirector-$0--
PAUL SENTYSecretary-$0--
RICHARD A HANSENDirector-$0--
JAMES P CARTERDirector-$0--
ERBERT JOHNSONDirector-$0--
DAVID STRELITZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Oakfield Housing Inc
EIN
39-1877014
Phone
6086636390
Address
2 EAST MIFFLIN STREET No 801, MADISON, WI 53703

Signing Officer

Name
John Petersen Iii
Title
President
Phone
6086636390
Signed
2017-07-18
Discuss with paid preparer
Yes

Preparer

Firm
Sva Certified Public Accts Sc
Address
1221 JOHN Q HAMMONS DRIVE, MADISON, WI 53717
Preparer
Kirsten Houghton
Phone
6088318181
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: INTEREST INCOME. Amount: 45.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: DEPRECIATION. Amount: 16,080. Description: ADVERTISING. Amount: 2,703. Description: OFFICE EXPENSES. Amount: 1,290. Description: MISC. TAXES, LICSENSES AND PERMITS. Amount: 1,784. Description: MANAGEMENT FEE. Amount: 3,370. Total to Form 990-EZ, line 16: 25,227.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 56. End of Year Amount: 0. Description: PREPAID EXPENSES OR DEFERRED CHARGES. Beg. of Year Amount: 2,560. End of Year Amount: 2,937. Description: TENANTS' SECURITY DEPOSITS. Beg. of Year Amount: 2,002. End of Year Amount: 2,054. Description: INSURANCE ESCROW. Beg. of Year Amount: 2,502. End of Year Amount: 1,865. Description: REPLACEMENT RESERVES. Beg. of Year Amount: 29,438. End of Year Amount: 36,679. Description: Other Depreciable Assets. Beg. of Year Amount: 1,002. End of Year Amount: 1,902.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,876. End of Year Amount: 3,012. Description: MORTGAGES AND OTHER NOTES PAYABLE. Beg. of Year Amount: 15,259. End of Year Amount: 13,551. Description: TENANTS' SECURITY DEPOSITS. Beg. of Year Amount: 1,723. End of Year Amount: 1,874. Description: PREPAID RENT. Beg. of Year Amount: 16. End of Year Amount: 38.

Form 990-EZ, Part V, Line 35

Program service revenue reported in part i, line 2 realtes to revenue received in carrying out the organization's exempt purpose and the program service described in part iii.

Raw XML Appendix224 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN PETERSEN III
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NONPROFIT BASIS.
IRS990EZ/ProgramServiceRevenueAmt024606
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE LOW-INCOME HOUSING TO ELDERLY AND DISABLED PERSONS. THE WHPC BOARD OF DIRECTORS REPLACED the former Board IN APRIL 2010. AT THAT TIME, ONLY TWO OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS. AS OF DECEMBER 31, 2016, EIGHT OF THE NINE UNITS WERE OCCUPIED BY ELDERLY OR DISABLED PERSONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST INCOME. Amount: 45.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: DEPRECIATION. Amount: 16,080. Description: ADVERTISING. Amount: 2,703. Description: OFFICE EXPENSES. Amount: 1,290. Description: MISC. TAXES, LICSENSES AND PERMITS. Amount: 1,784. Description: MANAGEMENT FEE. Amount: 3,370. Total to Form 990-EZ, line 16: 25,227.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 56. End of Year Amount: 0. Description: PREPAID EXPENSES OR DEFERRED CHARGES. Beg. of Year Amount: 2,560. End of Year Amount: 2,937. Description: TENANTS' SECURITY DEPOSITS. Beg. of Year Amount: 2,002. End of Year Amount: 2,054. Description: INSURANCE ESCROW. Beg. of Year Amount: 2,502. End of Year Amount: 1,865. Description: REPLACEMENT RESERVES. Beg. of Year Amount: 29,438. End of Year Amount: 36,679. Description: Other Depreciable Assets. Beg. of Year Amount: 1,002. End of Year Amount: 1,902.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,876. End of Year Amount: 3,012. Description: MORTGAGES AND OTHER NOTES PAYABLE. Beg. of Year Amount: 15,259. End of Year Amount: 13,551. Description: TENANTS' SECURITY DEPOSITS. Beg. of Year Amount: 1,723. End of Year Amount: 1,874. Description: PREPAID RENT. Beg. of Year Amount: 16. End of Year Amount: 38.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SERVICE REVENUE REPORTED IN PART I, LINE 2 REALTES TO REVENUE RECEIVED IN CARRYING OUT THE ORGANIZATION'S EXEMPT PURPOSE AND THE PROGRAM SERVICE DESCRIBED IN PART III.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 35
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PETERSEN III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06086636390
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAKFIELD HOUSING INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O ASTAR CAPITAL MANAGEMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0OAKF
ReturnHeader/Filer/EIN0391877014
ReturnHeader/Filer/PhoneNum06086636390
ReturnHeader/Filer/USAddress/AddressLine1Txt02 EAST MIFFLIN STREET No 801
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B9D72D75531DC738802FCF7D656FA36EF6C2B14C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.128.11.234
ReturnHeader/FilingSecurityInformation/IPDt02017-07-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:16:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391203191
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SVA CERTIFIED PUBLIC ACCTS SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01221 JOHN Q HAMMONS DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053717
ReturnHeader/PreparerPersonGrp/PhoneNum06088318181
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIRSTEN HOUGHTON
ReturnHeader/ReturnTs02017-07-24T08:00:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.32$0.23$3.09$0.86$1.06$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.39$0.10$3.29$0.72$0.92$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.60$0.10$3.49$0.68$0.74$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.64$0.09$3.56$0.69$0.74$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.67$0.06$3.61$0.74$0.77$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.77$0.13$3.65$0.61$0.77$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.91$0.11$3.80$0.65$0.74$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.01$0.11$3.89$0.62$0.68$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.14$0.18$3.95$0.52$0.51$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.13$0.19$3.94$0.45$0.52$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.29$0.28$4.01$0.53$0.52$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.41$0.41$4.00$0.57$0.53$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$0.62$3.95$0.61$0.51$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$0.66$3.86$0.44$0.53$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.59$0.65$3.94$0.73$0.47$0.25