Civic Intelligence

Ashby Apartment Association

990EZ • Fiscal year 2014 • EIN 41-1263729

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileN/A
c/o GRANT CTY HRA 10 2nd St NEElbow Lake, MN 56531

(218) 685-8240

Siviq Scores

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

Liabilities / Assets

89th percentile

0.43x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.26x

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

33rd percentile

-5.1%

Faster asset growth than 33% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

40th percentile

-3.6%

Faster revenue growth than 40% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$205,495

Down $11,112 (-5.1%) from 2013

Net Assets

Down

$116,455

Down $8,704 (-7.0%) from 2013

Liabilities

Down

$89,040

Down $2,408 (-2.6%) from 2013

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin20th percentile

Revenue

Down

$70,946

Down $2,641 (-3.6%) from 2013

Expenses

Down

$79,650

Down $5,951 (-7.0%) from 2013

Net Income

Up

-$8,704

Up $3,310 (+28%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$600K$400K$200K$0Assets 2011: $246,367Liabilities 2011: $105,141Net Assets 2011: $141,2262011Assets 2012: $235,683Liabilities 2012: $98,510Net Assets 2012: $137,1732012Assets 2013: $216,607Liabilities 2013: $91,448Net Assets 2013: $125,1592013Assets 2014: $205,495Liabilities 2014: $89,040Net Assets 2014: $116,4552014Assets 2015: $443,466Liabilities 2015: $343,486Net Assets 2015: $99,9802015Assets 2016: $206,944Liabilities 2016: $170,674Net Assets 2016: $36,2702016Assets 2017: $193,558Liabilities 2017: $167,383Net Assets 2017: $26,1752017Assets 2018: $176,710Liabilities 2018: $163,562Net Assets 2018: $13,1482018

Highlighted filing

2014

Assets$205,495
Liabilities$89,040
Net Assets$116,455
Open 2014 Filing

Operations Trend

Revenue Growth40th percentile

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

$100K$50K$0-$50KRevenue 2011: $71,517Expenses 2011: $78,987Net Income 2011: -$7,4702011Revenue 2012: $74,012Expenses 2012: $78,065Net Income 2012: -$4,0532012Revenue 2013: $73,587Expenses 2013: $85,601Net Income 2013: -$12,0142013Revenue 2014: $70,946Expenses 2014: $79,650Net Income 2014: -$8,7042014Revenue 2015: $68,228Expenses 2015: $84,703Net Income 2015: -$16,4752015Revenue 2016: $70,396Expenses 2016: $83,542Net Income 2016: -$13,1462016Revenue 2017: $37,460Expenses 2017: $47,555Net Income 2017: -$10,0952017Revenue 2018: $38,872Expenses 2018: $51,899Net Income 2018: -$13,0272018

Highlighted filing

2014

Revenue$70,946
Expenses$79,650
Net Income-$8,704
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$70,946
Mission and Program Overview

Mission

Rental income and subsidy received from renting low to moderate income apartments. There are two buildings with nine one bendroom apartments and seven two bedroom apartments. This money is used to pay the operating costs of the apartments.

Program Services

DescriptionGrantsExpenses
Ashby Apartment Association has two buildings (8 Plexes) which are rented to low and moderate income persons. There are nine one bedroom and seven two bedroom apartments.$79,881-
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles AndersonPresident-$0--
Evelyn LangTreasurer-$0--
Tom GroverDirector-$0--
Kathy AkermanDirector-$0--
Bob BorenDirector-$0--
Kathleen JohnsonSecretary-$0--
Gene JensenDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ashby Apartment Association
EIN
41-1263729
Phone
2186858240
Address
c/o GRANT CTY HRA 10 2nd St NE, ELBOW LAKE, MN 56531

Signing Officer

Name
Evelyn Lang
Title
Treasurer
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Swenson Saurer Gerber Anderson & Co Ltd
Address
PO Box 30, Elbow Lake, MN 56531
Preparer
Kelly L Gerber
Phone
2186855314
Supplemental Narrative

Additional Explanations

Other Revenue.1

“LAUNDRY INCOME $2911”

Other Expenses.1008

“Interest $1699”

Other Expenses.1009

“Depreciation $12878”

Other Expenses.1012

“Insurance $6086”

Other Expenses.1

“Contracted services/rprs/maint $12153”

Other Expenses.2

“REAL ESTATE TAX $4198”

Other Expenses.3

“COLLECTION LOSS $1535”

Other Assets.1002

“Furniture and Fixtures - Beginning $2813 Furniture and Fixtures - Ending $3072”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $90048 Secured Mortgages and Notes Payable - Ending $82740”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $5000”

Total Liabilities.1

“SECURITY DEPOSITS - Beginning $1400 SECURITY DEPOSITS - Ending $1300”

Raw XML Appendix143 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GRANT CO HRA JAMES STANDISH
IRS990EZ/BooksInCareOfDetail/PhoneNum02186858240
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010 2ND ST NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ELBOW LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056531
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038338
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038707
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8704
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07270
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0216607
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0205495
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt070946
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0140
IRS990EZ/LandAndBuildingsGrp/BOYAmt0175456
IRS990EZ/LandAndBuildingsGrp/EOYAmt0163716
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0125159
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116455
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0125159
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116455
IRS990EZ/OccupancyRentUtltsAndMaintAmt033091
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Charles Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Evelyn Lang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Tom Grover
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kathy Akerman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Bob Boren
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Kathleen Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Gene Jensen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02813
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03072
IRS990EZ/OtherExpensesTotalAmt038549
IRS990EZ/OtherRevenueTotalAmt02911
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Rental income and subsidy received from renting low to moderate income apartments. There are two buildings with nine one bendroom apartments and seven two bedroom apartments. This money is used to pay the operating costs of the apartments.
IRS990EZ/PrintingPublicationsPostageAmt0740
IRS990EZ/ProgramServiceRevenueAmt067895
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Ashby Apartment Association has two buildings (8 Plexes) which are rented to low and moderate income persons. There are nine one bedroom and seven two bedroom apartments.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt079881
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt091448
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt089040
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079650
IRS990EZ/TotalProgramServiceExpensesAmt079881
IRS990EZ/TotalRevenueAmt070946
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY INCOME $2911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest $1699
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $12878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $6086
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTED SERVICES/RPRS/MAINT $12153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REAL ESTATE TAX $4198
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COLLECTION LOSS $1535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Furniture and Fixtures - Beginning $2813 Furniture and Fixtures - Ending $3072
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Secured Mortgages and Notes Payable - Beginning $90048 Secured Mortgages and Notes Payable - Ending $82740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SECURITY DEPOSITS - Beginning $1400 SECURITY DEPOSITS - Ending $1300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Evelyn Lang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHBY APARTMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ASHB
ReturnHeader/Filer/EIN0411263729
ReturnHeader/Filer/PhoneNum02186858240
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o GRANT CTY HRA 10 2nd St NE
ReturnHeader/Filer/USAddress/CityNm0ELBOW LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056531
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Swenson Saurer Gerber Anderson & Co Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 30
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elbow Lake
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056531
ReturnHeader/PreparerPersonGrp/PhoneNum02186855314
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelly L Gerber
ReturnHeader/ReturnTs02015-11-16T05:18:40-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$205,495
Liabilities
$89,040
Net assets
$116,455
Revenue
$70,946
Expenses
$79,650
Net income
-$8,704
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$1.77$1.64$0.13$0.39$0.52$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.94$1.67$0.26$0.37$0.48$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.07$1.71$0.36$0.70$0.84$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.43$3.43$1.00$0.68$0.85$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.05$0.89$1.16$0.71$0.80$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.17$0.91$1.25$0.74$0.86$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.99$1.37$0.74$0.78$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$1.05$1.41$0.72$0.79$0.07