Civic Intelligence

Ashby Apartment Association

990EZ • Fiscal year 2015 • EIN 41-1263729

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

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

95th percentile

0.77x

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

5.03x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

96th percentile

116%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

40th percentile

-3.8%

Faster revenue growth than 40% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$443,466

Up $237,971 (+116%) from 2014

Net Assets

Down

$99,980

Down $16,475 (-14%) from 2014

Liabilities

Up

$343,486

Up $254,446 (+286%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin12th percentile

Revenue

Down

$68,228

Down $2,718 (-3.8%) from 2014

Expenses

Up

$84,703

Up $5,053 (+6.3%) from 2014

Net Income

Down

-$16,475

Down $7,771 (-89%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth96th 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

2015

Assets$443,466
Liabilities$343,486
Net Assets$99,980
Open 2015 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

2015

Revenue$68,228
Expenses$84,703
Net Income-$16,475
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.0
Gross Receipts
$68,228
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.$84,703-
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
2016-05-16
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 $2348”

Other Expenses.1002

“Office Expenses $352”

Other Expenses.1008

“Interest $1555”

Other Expenses.1009

“Depreciation $16522”

Other Expenses.1012

“Insurance $8168”

Other Expenses.1

“Contracted services/rprs/maint $12466”

Other Expenses.2

“REAL ESTATE TAX $4158”

Other Expenses.3

“MISCELLANEOUS $1763”

Other Assets.1002

“Furniture and Fixtures - Beginning $3072 Furniture and Fixtures - Ending $16922”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $82740 Secured Mortgages and Notes Payable - Ending $329936”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $5000 Unsecured Notes and Loans Payable - Ending $11262”

Total Liabilities.1

“SECURITY DEPOSITS - Beginning $1300 SECURITY DEPOSITS - Ending $2288”

Raw XML Appendix145 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/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/BOYAmt038707
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042488
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16475
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04370
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0205495
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0443466
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt068228
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt050
IRS990EZ/LandAndBuildingsGrp/BOYAmt0163716
IRS990EZ/LandAndBuildingsGrp/EOYAmt0384056
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0116455
IRS990EZ/NetAssetsOrFundBalancesEOYAmt099980
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0116455
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt099980
IRS990EZ/OccupancyRentUtltsAndMaintAmt034554
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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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/BOYAmt03072
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016922
IRS990EZ/OtherExpensesTotalAmt044984
IRS990EZ/OtherRevenueTotalAmt02348
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/PrintingPublicationsPostageAmt0795
IRS990EZ/ProgramServiceRevenueAmt065830
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/GrantsAndAllocationsAmt084703
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0343486
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084703
IRS990EZ/TotalProgramServiceExpensesAmt084703
IRS990EZ/TotalRevenueAmt068228
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY INCOME $2348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $1555
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $16522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $8168
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED SERVICES/RPRS/MAINT $12466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REAL ESTATE TAX $4158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS $1763
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Furniture and Fixtures - Beginning $3072 Furniture and Fixtures - Ending $16922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Secured Mortgages and Notes Payable - Beginning $82740 Secured Mortgages and Notes Payable - Ending $329936
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Unsecured Notes and Loans Payable - Beginning $5000 Unsecured Notes and Loans Payable - Ending $11262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SECURITY DEPOSITS - Beginning $1300 SECURITY DEPOSITS - Ending $2288
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Evelyn Lang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
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/ReturnTs02016-05-16T11:57:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$443,466
Liabilities
$343,486
Net assets
$99,980
Revenue
$68,228
Expenses
$84,703
Net income
-$16,475
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