Civic Intelligence

Accessible Space Inc.

990 • Fiscal year 2021 • EIN 41-1330242

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 23, 2022

2550 University Ave W Rm/Ste 330NSt Paul, MN 55114-1903

(651) 645-7271

Siviq Scores

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

Liabilities / Assets

69th percentile

0.42x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.74x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

26th percentile

1.9%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$515,553

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

88th percentile

39%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

38th percentile

5.0%

Faster revenue growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$38,094,319

Up $10,618,007 (+39%) from 2020

Net Assets

Up

$21,915,070

Up $408,479 (+1.9%) from 2020

Liabilities

Up

$16,179,249

Up $10,209,528 (+171%) from 2020

Revenue

Up

$21,720,630

Up $1,035,399 (+5.0%) from 2020

Expenses

Up

$21,312,151

Up $1,071,874 (+5.3%) from 2020

Net Income

Down

$408,479

Down $36,475 (-8.2%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $16,834,674Liabilities 2010: $3,749,984Net Assets 2010: $13,084,6902010Assets 2011: $28,796,848Liabilities 2011: $14,592,632Net Assets 2011: $14,204,2162011Assets 2012: $29,015,225Liabilities 2012: $14,083,146Net Assets 2012: $14,932,0792012Assets 2013: $29,676,460Liabilities 2013: $13,965,109Net Assets 2013: $15,711,3512013Assets 2014: $29,384,936Liabilities 2014: $13,465,728Net Assets 2014: $15,919,2082014Assets 2015: $32,005,783Liabilities 2015: $13,753,730Net Assets 2015: $18,252,0532015Assets 2016: $21,865,657Liabilities 2016: $2,524,878Net Assets 2016: $19,340,7792016Assets 2017: $22,162,933Liabilities 2017: $2,362,757Net Assets 2017: $19,800,1762017Assets 2018: $22,126,854Liabilities 2018: $2,028,494Net Assets 2018: $20,098,3602018Assets 2019: $23,061,757Liabilities 2019: $2,000,120Net Assets 2019: $21,061,6372019Assets 2020: $27,476,312Liabilities 2020: $5,969,721Net Assets 2020: $21,506,5912020Assets 2021: $38,094,319Liabilities 2021: $16,179,249Net Assets 2021: $21,915,0702021Assets 2022: $39,594,057Liabilities 2022: $17,214,532Net Assets 2022: $22,379,5252022Assets 2023: $40,423,246Liabilities 2023: $17,684,780Net Assets 2023: $22,738,4662023Assets 2024: $42,344,007Liabilities 2024: $17,975,827Net Assets 2024: $24,368,1802024

Highlighted filing

2021

Assets$38,094,319
Liabilities$16,179,249
Net Assets$21,915,070

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2010: $19,006,7222010Expenses 2011: $20,971,5842011Expenses 2012: $20,201,7292012Revenue 2013: $19,393,848Expenses 2013: $18,614,576Net Income 2013: $779,2722013Revenue 2014: $19,123,377Expenses 2014: $18,915,520Net Income 2014: $207,8572014Revenue 2015: $27,018,726Expenses 2015: $24,685,881Net Income 2015: $2,332,8452015Revenue 2016: $26,288,294Expenses 2016: $25,123,809Net Income 2016: $1,164,4852016Revenue 2017: $21,053,851Expenses 2017: $20,594,454Net Income 2017: $459,3972017Revenue 2018: $19,563,587Expenses 2018: $19,265,403Net Income 2018: $298,1842018Revenue 2019: $24,471,046Expenses 2019: $23,507,769Net Income 2019: $963,2772019Revenue 2020: $20,685,231Expenses 2020: $20,240,277Net Income 2020: $444,9542020Revenue 2021: $21,720,630Expenses 2021: $21,312,151Net Income 2021: $408,4792021Revenue 2022: $27,061,468Expenses 2022: $26,597,013Net Income 2022: $464,4552022Revenue 2023: $30,017,732Expenses 2023: $29,658,791Net Income 2023: $358,9412023Revenue 2024: $34,753,180Expenses 2024: $33,123,466Net Income 2024: $1,629,7142024

Highlighted filing

2021

Revenue$21,720,630
Expenses$21,312,151
Net Income$408,479
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 23, 2022
Return Version
2021v4.0
Gross Receipts
$21,720,630
Mission and Program Overview

Mission

To provide accessible housing for adults with disabilities and seniors.

To provide accessible housing with care for adults with disabilities and seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,175,976$21,296,503▲ $12,120,527
Savings and Temporary Cash Investments$9,935,223$7,163,633▼ $2,771,590
Accounts Receivable$2,955,471$3,046,054▲ $90,583
Other Notes and Loans Receivable, Net$2,736,414$2,829,450▲ $93,036
Prepaid Expenses and Deferred Charges$491,993$816,121▲ $324,128
Total Assets$27,476,312$38,094,319▲ $10,618,007
Other Assets Total$2,181,235$2,942,558▲ $761,323
Liabilities
Deferred Revenue$3,466,122$13,828,801▲ $10,362,679
Accounts Payable and Accrued Expenses$2,318,122$2,184,124▼ $133,998
Mortgage Notes Payable Secured by Investment Property$182,477$163,324▼ $19,153
Other Liabilities$3,000$3,000→ $0
Total Liabilities$5,969,721$16,179,249▲ $10,209,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,577,911$20,990,490▲ $412,579
Net Assets With Donor Restrictions$928,680$924,580▼ $4,100
Total Net Assets Fund Balance$21,506,591$21,915,070▲ $408,479
Total Liabilities and Net Assets / Fund Balance$27,476,312$38,094,319▲ $10,618,007

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,366,260$4,306,659$23,672,919
Equipment$1,502,073-$1,502,073
Other Land Buildings$389,621-$389,621
Land$38,549-$38,549
Other Assets Org$641,007--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen Vander SchaafPresident/ceFT$463,180$52,373$515,553
Stephen Vander SchaafPresident/CEO-$463,180$52,373$515,553
Jerry KappelerNcep DirectoFT$190,169$14,941$205,110
Jerry KappelerNcep Director-$190,169$14,941$205,110
Ken BerryDirector Prop MgmFT$175,819$12,388$188,207
Ken BerryDirector Prop Mgmt-$175,819$12,388$188,207
Judy Lemke-klineDirector ofFT$173,308$11,688$184,996
Judy Lemke-klineDirector of Finance-$173,308$11,688$184,996
Loriann GranadosDirector - H/rFT$156,039$11,676$167,715
Lonnie SimsInfo TechnolFT$138,412$2,230$140,642

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
B&h ConstructionConstruction240 E HORIZON SUITE A, Henderson, NV 89015$3,667,059
Worldwide Travel Staffing LimitedTemp Staffing2829 SHERIDIA DRIVE, Tonawanda, NY 14150$933,748
Bestoption Medical StaffingTemp Staffing8500 NORMANDALE LAKE BLVD 350, Bloomington, MN 55427$518,237
Windstream CommunicationsCommunicationPO BOX 9001013, Louisville, KY 40290$387,226
Las Vegas Valley Water DistrictUtility1001 SMITH VALLEY VIEW BLVD, Las Vegas, NV 89153$349,529
Revenue and Support

Revenue Composition

Contributions and Grants
$444,832
Program Service Revenue
$16,015,651
Investment Income
$284,073
Other Revenue
$4,976,074
All Other Contributions
$444,832
Change in Net Assets
$408,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,720,630
Total Revenue per Audited Statements
$21,720,630
Total Revenue per Form 990
$21,720,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,560,136
Other Expenses$5,752,015
Total Fundraising Expense$223,015
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,317,689$2,022,719$219,728$15,560,136
All Other Expenses$718,954$496,210$3,287$1,218,451
Occupancy$326,401$402,933-$729,334
Depreciation Depletion$393,195$127,727-$520,922
Other Expenses$263,271--$263,271
Fees for Services Accounting$1,853$258,393-$260,246
Travel$144,452$7,326-$151,778
Conferences and Meetings$9,130$10,389-$19,519
Interest$7,746$1,339-$9,085
Total Functional Expenses$17,762,100$3,327,036$223,015$21,312,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,312,151
Total Expenses per Audited Statements$21,312,151
Total Expenses per Form 990$21,312,151
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Devin C Vander SchaafPRES/CEO'S SONMktg CoordinatorNo$88,651
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits Payable$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

MEMBERS

Form 990, Page 6, Part VI, Line 7A

Section 2.2 of the organization's bylaws provides that "the board of directors shall be selected by the vote of a majority of the members."

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the board and signed by the director of finance.

Form 990, Page 6, Part VI, Line 12C

The organization regularily and consistently monitors and enforces the compliance of the conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The process for determining the compensation for the organizations ceo is composed of input from an independent compensation consultant, a compensation survey for similar organizations and input and approval by the board.

Form 990, Page 6, Part VI, Line 19

All governing documents of the organization, including federal form 990, conflict of interest policy and financial statements can be reviewed by contacting: accessible space, inc. At 2550 university ave west, suite 330n, st. Paul, mn 55114-1903

Filing and Contact Details

Filer

Filer Name
Accessible Space Inc
EIN
41-1330242
Phone
6516457271
Address
2550 UNIVERSITY AVE W RM/STE 330N, ST PAUL, MN 55114-1903

Signing Officer

Name
Stephen Vander Schaaf
Title
President/CEO
Phone
6516457271
Signed
2022-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Vander Schaaf
Voting Board Members
9
Independent Board Members
9
Employees
778
Volunteers
9

Preparer

Firm
Hinrichs & Associates Ltd
Address
1000 SHELARD PKWY STE 110, MINNEAPOLIS, MN 55426
Preparer
Anthony J Hinrichs
Phone
9525428010
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Community residential services: provides supportive living opportunities for adults with traumatic brain injury. (1,358,227) nevada supportive housing program: provides independent living opportunities and supportive care services for adults with mobility impairments and/or traumatic brain injuries. (1,615,904)

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1NCEP DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR PROP MGM
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIR - H/R
IRS990/Form990PartVIISectionAGrp/TitleTxt5INFO TECHNOL
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0816121
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IRS990/ProgramServiceRevenueGrp/Desc0FEES AND CONTRACTS FROM GOVER
IRS990/ProgramServiceRevenueGrp/Desc1RESIDENT RENTS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13675026
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05123007
IRS990/ProgSrvcAccomActy3Grp/Desc0SPECIAL PROJECTS PROGRAM: ACTIVITIES RELATED TO THE INDEPENDENT LIVING PROGRAM, ACCESSIBLE HOUSING AND PROGRAM DEVELOPMENT.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY RESIDENTIAL SERVICES: PROVIDES SUPPORTIVE LIVING OPPORTUNITIES FOR ADULTS WITH TRAUMATIC BRAIN INJURY. (1,358,227) NEVADA SUPPORTIVE HOUSING PROGRAM: PROVIDES INDEPENDENT LIVING OPPORTUNITIES AND SUPPORTIVE CARE SERVICES FOR ADULTS WITH MOBILITY IMPAIRMENTS AND/OR TRAUMATIC BRAIN INJURIES. (1,615,904)
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt07163633
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT FEES 17,749,837 OTHER INCOME -292,624
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.3$18.0$24.4$34.8$33.1$1.63
2023Detailed filing. Detailed filing data is available for this year.$40.4$17.7$22.7$30.0$29.7$0.36
2022Detailed filing. Detailed filing data is available for this year.$39.6$17.2$22.4$27.1$26.6$0.46
2021Detailed filing. Detailed filing data is available for this year.$38.1$16.2$21.9$21.7$21.3$0.41
2020Detailed filing. Detailed filing data is available for this year.$27.5$5.97$21.5$20.7$20.2$0.44
2019Detailed filing. Detailed filing data is available for this year.$23.1$2.00$21.1$24.5$23.5$0.96
2018Detailed filing. Detailed filing data is available for this year.$22.1$2.03$20.1$19.6$19.3$0.30
2017Detailed filing. Detailed filing data is available for this year.$22.2$2.36$19.8$21.1$20.6$0.46
2016Detailed filing. Detailed filing data is available for this year.$21.9$2.52$19.3$26.3$25.1$1.16
2015Detailed filing. Detailed filing data is available for this year.$32.0$13.8$18.3$27.0$24.7$2.33
2014Detailed filing. Detailed filing data is available for this year.$29.4$13.5$15.9$19.1$18.9$0.21
2013Detailed filing. Detailed filing data is available for this year.$29.7$14.0$15.7$19.4$18.6$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.0$14.1$14.9$20.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$14.6$14.2$21.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$3.75$13.1$19.0