Civic Intelligence

Newcastle Place Inc

990 • Fiscal year 2014 • EIN 39-2022529

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 13, 2015

2505 E Bradford AveMilwaukee, WI 53211

(414) 963-6151

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

0.33x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

9th percentile

-27%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

77th percentile

$203,484

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 782.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

41st percentile

0.7%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$6,151,255

Up $43,012 (+0.7%) from 2013

Net Assets

Up

$6,142,789

Up $58,854 (+1.0%) from 2013

Liabilities

Down

$8,466

Down $15,842 (-65%) from 2013

Revenue

Down

$26,020

Down $19,258,027 (-100%) from 2013

Expenses

Down

$33,028

Down $1,895,633 (-98%) from 2013

Net Income

Down

-$7,008

Down $17,362,394 (-100%) from 2013

Historical Trend

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2010: $84,845,376Liabilities 2010: $89,678,822Net Assets 2010: -$4,833,4462010Assets 2011: $79,723,730Liabilities 2011: $86,375,566Net Assets 2011: -$6,651,8362011Assets 2012: $72,056,353Liabilities 2012: $83,327,804Net Assets 2012: -$11,271,4512012Assets 2013: $6,108,243Liabilities 2013: $24,308Net Assets 2013: $6,083,9352013Assets 2014: $6,151,255Liabilities 2014: $8,466Net Assets 2014: $6,142,7892014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$6,151,255
Liabilities$8,466
Net Assets$6,142,789

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $16,523,3732010Revenue 2011: $15,663,720Expenses 2011: $17,361,545Net Income 2011: -$1,697,8252011Expenses 2012: $20,773,4522012Revenue 2013: $19,284,047Expenses 2013: $1,928,661Net Income 2013: $17,355,3862013Revenue 2014: $26,020Expenses 2014: $33,028Net Income 2014: -$7,0082014Revenue 2015: $100,690Expenses 2015: $24,773Net Income 2015: $75,9172015

Highlighted filing

2014

Revenue$26,020
Expenses$33,028
Net Income-$7,008
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 13, 2015
Return Version
2013v4.0
Gross Receipts
$26,020
Mission and Program Overview

Mission

Supporting organization of eastcastle place, inc., a senior housing community in milwaukee, wi.

Supporting organization of eastcastle place, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,079,023$5,770,840▲ $4,691,817
Cash and Non-Interest-Bearing Accounts$5,012,889$375,856▼ $4,637,033
Prepaid Expenses and Deferred Charges$14,929$4,559▼ $10,370
Pledges and Grants Receivable$231$0▼ $231
Total Assets$6,108,243$6,151,255▲ $43,012
Other Assets Total$1,171$0▼ $1,171
Liabilities
Other Liabilities$21,906$6,078▼ $15,828
Accounts Payable and Accrued Expenses$2,402$2,388▼ $14
Total Liabilities$24,308$8,466▼ $15,842
Net Assets / Fund Balance
Unrestricted Net Assets$6,083,935$6,142,789▲ $58,854
Total Net Assets Fund Balance$6,083,935$6,142,789▲ $58,854
Total Liabilities and Net Assets / Fund Balance$6,108,243$6,151,255▲ $43,012
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara TiceChairman
James FlanaganVice Chairman/treasurer
Ann JanikowskyDirector
Carmen WittDirector
Christine KrauseDirector
Emily PennerDirector
James NelsenDirector
Judi StroutDirector
Kenneth KernenDirector
LARRY O'TOOLEDirector
Tom SchankeDirector
Tony BesasieDirector
Tyson CiepluchDirector
Matt RadishSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Quarles & BradyLegal-$132,682
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$26,020
Other Revenue
$0
Change in Net Assets
$-7,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,028
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
Insurance-$16,449-$16,449
Fees for Services Legal-$9,884-$9,884
Fees for Services Other-$1,742-$1,742
Other Expenses-$-3,899-$-3,899
Total Functional Expenses$0$33,028$0$33,028
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
Due to Eastcastle Place$6,078
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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 corporation has a single member, milwaukee protestant home, inc.

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

The board of directors must receive approval from the member (milwaukee protestant home) prior to taking the following actions: approval of the annual operating and capital budgets; amendments to the articles of incorporation or by-laws of the corporation; sell, purchase, convey or otherwise dispose of any real estate held by the corporation; change the mission, purpose or scope of the corporation and its operations, or the location, size or scope of its services, programs, or operations; incurrence of debt for money borrowed or guaranteeing of debt of another, either of which is beyond or outside of the approved annual operating and/or capital budgets and beyond delegated amounts; entry into any contract or commitment beyond or outside of the approved annual operating and/or capital budgets and beyond delegated amounts; selection of corporate officers other than the vice president of finance/cfo; adoption or material modification of any employee benefit plans; fundraising campaigns; and administration and investment of endowment funds or restricted gifts.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the director of accounting and the chairman of the board prior to filing. The 990 is also provided to all board members to review prior to filing.

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

Annually the members of the board of directors review the conflict of interest policy and sign a document declaring any related parties they may have. They also sign the document attesting to the fact that they have no conflict of interests (other than if they noted a related party). If any member has a conflict of interest in any meeting regarding a vote the board member removes themselves from the vote.

Form 990, Part VI, Section B, Line 15A

The board periodically engages an outside consultant to assist in determining the compensation for the president/ceo

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

EIN
39-2022529
Phone
4149636151

Signing Officer

Name
Barbara Tice
Title
Chairman of the Board
Phone
4149636151
Signed
2015-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Tice
Formed
2001
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Preparer
Jay Adkisson CPA
Phone
4144319300
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026020
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/InvestmentIncomePYPct00.02330
IRS990ScheduleA/PublicSupportPY509Pct00.97670
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0390830668
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc09
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10EASTCASTLE PLACE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO EASTCASTLE PLACE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt06078
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0126818
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt033454
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03990
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0689
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt038533
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BARBARA TICE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0203484
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS A SINGLE MEMBER, MILWAUKEE PROTESTANT HOME, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MUST RECEIVE APPROVAL FROM THE MEMBER (MILWAUKEE PROTESTANT HOME) PRIOR TO TAKING THE FOLLOWING ACTIONS: APPROVAL OF THE ANNUAL OPERATING AND CAPITAL BUDGETS; AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BY-LAWS OF THE CORPORATION; SELL, PURCHASE, CONVEY OR OTHERWISE DISPOSE OF ANY REAL ESTATE HELD BY THE CORPORATION; CHANGE THE MISSION, PURPOSE OR SCOPE OF THE CORPORATION AND ITS OPERATIONS, OR THE LOCATION, SIZE OR SCOPE OF ITS SERVICES, PROGRAMS, OR OPERATIONS; INCURRENCE OF DEBT FOR MONEY BORROWED OR GUARANTEEING OF DEBT OF ANOTHER, EITHER OF WHICH IS BEYOND OR OUTSIDE OF THE APPROVED ANNUAL OPERATING AND/OR CAPITAL BUDGETS AND BEYOND DELEGATED AMOUNTS; ENTRY INTO ANY CONTRACT OR COMMITMENT BEYOND OR OUTSIDE OF THE APPROVED ANNUAL OPERATING AND/OR CAPITAL BUDGETS AND BEYOND DELEGATED AMOUNTS; SELECTION OF CORPORATE OFFICERS OTHER THAN THE VICE PRESIDENT OF FINANCE/CFO; ADOPTION OR MATERIAL MODIFICATION OF ANY EMPLOYEE BENEFIT PLANS; FUNDRAISING CAMPAIGNS; AND ADMINISTRATION AND INVESTMENT OF ENDOWMENT FUNDS OR RESTRICTED GIFTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE DIRECTOR OF ACCOUNTING AND THE CHAIRMAN OF THE BOARD PRIOR TO FILING. THE 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A DOCUMENT DECLARING ANY RELATED PARTIES THEY MAY HAVE. THEY ALSO SIGN THE DOCUMENT ATTESTING TO THE FACT THAT THEY HAVE NO CONFLICT OF INTERESTS (OTHER THAN IF THEY NOTED A RELATED PARTY). IF ANY MEMBER HAS A CONFLICT OF INTEREST IN ANY MEETING REGARDING A VOTE THE BOARD MEMBER REMOVES THEMSELVES FROM THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD PERIODICALLY ENGAGES AN OUTSIDE CONSULTANT TO ASSIST IN DETERMINING THE COMPENSATION FOR THE PRESIDENT/CEO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10MILWAUKEE PROTESTANT HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10MILWAUKEE PROTESTANT HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11EASTCASTLE PLACE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0392023357
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1390830668
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORTING ORGANIZATION OF EASTCASTLE PLACE, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1RETIREMENT COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102505 E BRADFORD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine112505 E BRADFORD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode053211
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode153211
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00

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