Civic Intelligence

Ashby Apartment Association

990EZ • Fiscal year 2017 • EIN 41-1263729

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 27, 2018

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

0.86x

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

4.47x

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

31st percentile

-6.5%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-47%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$193,558

Down $13,386 (-6.5%) from 2016

Net Assets

Down

$26,175

Down $10,095 (-28%) from 2016

Liabilities

Down

$167,383

Down $3,291 (-1.9%) from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin12th percentile

Revenue

Down

$37,460

Down $32,936 (-47%) from 2016

Expenses

Down

$47,555

Down $35,987 (-43%) from 2016

Net Income

Up

-$10,095

Up $3,051 (+23%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2017

Assets$193,558
Liabilities$167,383
Net Assets$26,175
Open 2017 Filing

Operations Trend

Revenue Growth8th 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

2017

Revenue$37,460
Expenses$47,555
Net Income-$10,095
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 27, 2018
Return Version
2017v2.2
Gross Receipts
$37,460
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.

Rental income and subsidy received from renting low to moderate income apartments. This money is used to pay the operating costs of the apartments.

Program Services

DescriptionGrantsExpenses
Ashby Apartment Association apartments which are rented to low and moderate income persons.$47,555-
Compensation and Service Providers
Top Officer Pay86th 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
2018-03-27
Discuss with paid preparer
Yes

Preparer

Firm
Swenson Saurer Gerber Anderson & Co Ltd
Address
26 Central Avenue South, Elbow Lake, MN 56531
Preparer
Denise R Sundblad
Phone
2186855314
Supplemental Narrative

Additional Explanations

Other Revenue.1

“LAUNDRY INCOME $1845”

Other Expenses.1002

“Office Expenses $205”

Other Expenses.1008

“Interest $1196”

Other Expenses.1009

“Depreciation $14390”

Other Expenses.1012

“Insurance $4237”

Other Expenses.1

“Contracted services/rprs/maint $5591”

Other Expenses.2

“REAL ESTATE TAX $2154”

Other Assets.1002

“Furniture and Fixtures - Beginning $7873 Furniture and Fixtures - Ending $5566”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $169999 Secured Mortgages and Notes Payable - Ending $166358”

Total Liabilities.1

“SECURITY DEPOSITS - Beginning $675 SECURITY DEPOSITS - Ending $1025”

Raw XML Appendix142 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/BOYAmt031205
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032210
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10095
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05312
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0206944
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0193558
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt037460
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt041
IRS990EZ/LandAndBuildingsGrp/BOYAmt0167866
IRS990EZ/LandAndBuildingsGrp/EOYAmt0155782
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036270
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026175
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036270
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026175
IRS990EZ/OccupancyRentUtltsAndMaintAmt014072
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
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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/BOYAmt07873
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05566
IRS990EZ/OtherExpensesTotalAmt027773
IRS990EZ/OtherRevenueTotalAmt01845
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Rental income and subsidy received from renting low to moderate income apartments. This money is used to pay the operating costs of the apartments.
IRS990EZ/PrintingPublicationsPostageAmt0398
IRS990EZ/ProgramServiceRevenueAmt035574
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Ashby Apartment Association apartments which are rented to low and moderate income persons.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt047555
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0170674
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0167383
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt047555
IRS990EZ/TotalProgramServiceExpensesAmt047555
IRS990EZ/TotalRevenueAmt037460
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY INCOME $1845
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $1196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $14390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $4237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED SERVICES/RPRS/MAINT $5591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REAL ESTATE TAX $2154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Furniture and Fixtures - Beginning $7873 Furniture and Fixtures - Ending $5566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Secured Mortgages and Notes Payable - Beginning $169999 Secured Mortgages and Notes Payable - Ending $166358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SECURITY DEPOSITS - Beginning $675 SECURITY DEPOSITS - Ending $1025
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 Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Evelyn Lang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-27
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/PreparerFirmEIN0911315373
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Swenson Saurer Gerber Anderson & Co Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 Central Avenue South
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elbow Lake
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056531
ReturnHeader/PreparerPersonGrp/PhoneNum02186855314
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Denise R Sundblad
ReturnHeader/ReturnTs02018-04-06T07:50:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$193,558
Liabilities
$167,383
Net assets
$26,175
Revenue
$37,460
Expenses
$47,555
Net income
-$10,095
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