Civic Intelligence

Living Options Inc.

990 • Fiscal year 2018 • EIN 41-1909187

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

Organization ProfileN/A
133 4th Ave EHalstad, MN 56548

(218) 456-2105

Siviq Scores

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

Liabilities / Assets

98th percentile

1.98x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

5.87x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

76th percentile

$120,521

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 29.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

20th percentile

-6.6%

Faster asset growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,197,084

Down $84,722 (-6.6%) from 2017

Net Assets

Up

-$1,171,415

Up $8,912 (+0.8%) from 2017

Liabilities

Down

$2,368,499

Down $93,634 (-3.8%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin48th percentile

Revenue

Up

$403,589

Up $44,027 (+12%) from 2017

Expenses

Down

$394,677

Down $7,230 (-1.8%) from 2017

Net Income

Up

$8,912

Up $51,257 (+121%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2010: $2,012,162Liabilities 2010: $2,919,335Net Assets 2010: -$907,1732010Assets 2011: $1,900,522Liabilities 2011: $2,829,004Net Assets 2011: -$928,4822011Assets 2012: $1,767,274Liabilities 2012: $2,752,219Net Assets 2012: -$984,9452012Assets 2013: $1,649,937Liabilities 2013: $2,703,774Net Assets 2013: -$1,053,8372013Assets 2014: $1,548,255Liabilities 2014: $2,620,823Net Assets 2014: -$1,072,5682014Assets 2015: $1,449,409Liabilities 2015: $2,546,418Net Assets 2015: -$1,097,0092015Assets 2016: $1,373,268Liabilities 2016: $2,511,250Net Assets 2016: -$1,137,9822016Assets 2017: $1,281,806Liabilities 2017: $2,462,133Net Assets 2017: -$1,180,3272017Assets 2018: $1,197,084Liabilities 2018: $2,368,499Net Assets 2018: -$1,171,4152018Assets 2019: $1,087,369Liabilities 2019: $2,254,803Net Assets 2019: -$1,167,4342019Assets 2020: $1,061,830Liabilities 2020: $2,056,855Net Assets 2020: -$995,0252020Assets 2021: $976,954Liabilities 2021: $1,702,845Net Assets 2021: -$725,8912021Assets 2022: $937,038Liabilities 2022: $1,630,701Net Assets 2022: -$693,6632022Assets 2023: $519,433Liabilities 2023: $733,908Net Assets 2023: -$214,4752023

Highlighted filing

2018

Assets$1,197,084
Liabilities$2,368,499
Net Assets-$1,171,415
Open 2018 Filing

Operations Trend

Revenue Growth66th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $402,4032010Expenses 2011: $411,8242011Expenses 2012: $415,5572012Revenue 2013: $360,887Expenses 2013: $429,779Net Income 2013: -$68,8922013Revenue 2014: $393,969Expenses 2014: $412,700Net Income 2014: -$18,7312014Revenue 2015: $367,016Expenses 2015: $391,457Net Income 2015: -$24,4412015Revenue 2016: $353,872Expenses 2016: $394,845Net Income 2016: -$40,9732016Revenue 2017: $359,562Expenses 2017: $401,907Net Income 2017: -$42,3452017Revenue 2018: $403,589Expenses 2018: $394,677Net Income 2018: $8,9122018Revenue 2019: $401,100Expenses 2019: $397,119Net Income 2019: $3,9812019Revenue 2020: $446,169Expenses 2020: $381,945Net Income 2020: $64,2242020Revenue 2021: $678,876Expenses 2021: $411,702Net Income 2021: $267,1742021Revenue 2022: $453,358Expenses 2022: $421,130Net Income 2022: $32,2282022Revenue 2023: $689,241Expenses 2023: $281,626Net Income 2023: $407,6152023

Highlighted filing

2018

Revenue$403,589
Expenses$394,677
Net Income$8,912
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$404,528
Mission and Program Overview

Mission

Provide quality residental rental housing and services to senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$867,068$773,556▼ $93,512
Savings and Temporary Cash Investments$32,087$34,648▲ $2,561
Intangible Assets$32,242$29,018▼ $3,224
Cash and Non-Interest-Bearing Accounts$4,762$19,939▲ $15,177
Prepaid Expenses and Deferred Charges$8,900$8,247▼ $653
Accounts Receivable$8,394$3,323▼ $5,071
Total Assets$1,281,806$1,197,084▼ $84,722
Other Assets Total$328,353$328,353→ $0
Liabilities
Tax Exempt Bond Liabilities$1,935,000$1,825,000▼ $110,000
Other Liabilities$332,087$334,648▲ $2,561
Accounts Payable and Accrued Expenses$195,046$208,851▲ $13,805
Total Liabilities$2,462,133$2,368,499▼ $93,634
Net Assets / Fund Balance
Unrestricted Net Assets$-1,180,327$-1,171,415▲ $8,912
Total Net Assets Fund Balance$-1,180,327$-1,171,415▲ $8,912
Total Liabilities and Net Assets / Fund Balance$1,281,806$1,197,084▼ $84,722

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$758,537$2,128,852$2,887,389
Equipment$7,924$114,372$122,296
Land$7,095-$7,095
Other Assets Org$328,353--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleOtherTotal
Angela NelsonExecutive Directors$120,521$120,521
Shari SchreinerExecutive Directors$67,154$67,154

Board Members and Trustees

NameTitle
Dennis ThorsonPresident
Wally BlomsethVice President
Carol LockhartDirector
Dennis BuengDirector
Harriet AndersenDirector
Jon HellerudDirector
Pastor Al BrooksDirector
Linda LundeSecretary
Dorella LelmTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$399,977
Investment Income
$3,517
Other Revenue
$95
Change in Net Assets
$8,912

Audited Revenue Reconciliation

Revenue per Audited Statements
$403,589
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$403,589
Total Revenue per Form 990
$403,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$394,677
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
Interest$117,998--$117,998
Depreciation Depletion$103,938--$103,938
All Other Expenses$19,627$2,954-$22,581
Insurance$14,932$1,206-$16,138
Other Expenses$11,170$584-$11,754
Fees for Services Accounting-$11,686-$11,686
Advertising-$2,577-$2,577
Total Functional Expenses$369,649$25,028$0$394,677

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$394,677
Total Expenses per Audited Statements$394,677
Total Expenses per Form 990$394,677
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Deficit Guarantee Note Payable$300,000
Tenant Security Deposits$34,648
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
No
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

“Organization is comprised of member lutheran churches”

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

“Board of directors are elected by delegates from member churches”

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

“Board of directors are elected by delegates from member churches adn therefore ultimately answer to the organizations members.”

Form 990, Part VI, Section B, Line 11B

“The governing body does not review a draft of the 990; however, one or more of the officers performs a cursory review prior to signing the form.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Living Options Inc
EIN
41-1909187
Phone
2184562105
Address
133 4TH AVE E, HALSTAD, MN 56548

Signing Officer

Name
Angie Nelson
Title
Administrator
Phone
2184562105
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angie Nelson
Formed
1998
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Brady Martz and Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Nicole Heldstab
Phone
7017754685
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(2). The organization's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the organization has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the organization are subject to examination by the irs, generally for three years after they were filed, all filings are current.”

Raw XML AppendixShowing 400 of 500 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0195046
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0208851
IRS990/AccountsReceivableGrp/BOYAmt08394
IRS990/AccountsReceivableGrp/EOYAmt03323
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE QUALITY RESIDENTAL RENTAL HOUSING AND SERVICES TO SENIOR CITIZENS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02577
IRS990/AdvertisingGrp/TotalAmt02577
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02954
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019627
IRS990/AllOtherExpensesGrp/TotalAmt022581
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum02184562105
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0133 4TH AVE E
IRS990/BooksInCareOfDetail/USAddress/CityNm0HALSTAD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056548
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04762
IRS990/CashNonInterestBearingGrp/EOYAmt019939
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03517
IRS990/CYOtherExpensesAmt0394677
IRS990/CYOtherRevenueAmt095
IRS990/CYProgramServiceRevenueAmt0399977
IRS990/CYRevenuesLessExpensesAmt08912
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0394677
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0403589
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0103938
IRS990/DepreciationDepletionGrp/TotalAmt0103938
IRS990/Desc0ENTITY OWNS AND OPERATES TWO 16 UNIT CONGREGATE HOUSING APARTMENT BUILDINGS WHICH PROVIDES HOUSING AND VARIOUS SERVICES TO SENIOR CITIZENS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0369649
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011686
IRS990/FeesForServicesAccountingGrp/TotalAmt011686
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt96174
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1029429
IRS990/Form990PartVIISectionAGrp/PersonNm0DENNIS THORSON
IRS990/Form990PartVIISectionAGrp/PersonNm1WALLY BLOMSETH
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA LUNDE
IRS990/Form990PartVIISectionAGrp/PersonNm3DORELLA LELM
IRS990/Form990PartVIISectionAGrp/PersonNm4PASTOR AL BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm5HARRIET ANDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS BUENG
IRS990/Form990PartVIISectionAGrp/PersonNm7CAROL LOCKHART
IRS990/Form990PartVIISectionAGrp/PersonNm8JON HELLERUD
IRS990/Form990PartVIISectionAGrp/PersonNm9SHARI SCHREINER
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGELA NELSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt960980
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1091092
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTORS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-939
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0404528
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01206
IRS990/InsuranceGrp/ProgramServicesAmt014932
IRS990/InsuranceGrp/TotalAmt016138
IRS990/IntangibleAssetsGrp/BOYAmt032242
IRS990/IntangibleAssetsGrp/EOYAmt029018
IRS990/InterestGrp/ProgramServicesAmt0117998
IRS990/InterestGrp/TotalAmt0117998
IRS990/InvestmentIncomeGrp/ExclusionAmt04456
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04456
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02243224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0867068
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0773556
IRS990/LandBldgEquipCostOrOtherBssAmt03016780
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0939
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE QUALITY RESIDENTAL RENTAL HOUSING AND SERVICES TO SENIOR CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1180327
IRS990/NetAssetsOrFundBalancesEOYAmt0-1171415
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-939
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-939
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0328353
IRS990/OtherAssetsTotalGrp/EOYAmt0328353
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3OFFICE EXPENES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06021
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1584
IRS990/OtherExpensesGrp/ProgramServicesAmt071430
IRS990/OtherExpensesGrp/ProgramServicesAmt114048
IRS990/OtherExpensesGrp/ProgramServicesAmt216506
IRS990/OtherExpensesGrp/ProgramServicesAmt311170
IRS990/OtherExpensesGrp/TotalAmt071430
IRS990/OtherExpensesGrp/TotalAmt120069
IRS990/OtherExpensesGrp/TotalAmt216506
IRS990/OtherExpensesGrp/TotalAmt311754
IRS990/OtherLiabilitiesGrp/BOYAmt0332087
IRS990/OtherLiabilitiesGrp/EOYAmt0334648
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt095
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt095
IRS990/OtherRevenueTotalAmt095
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08247
IRS990/PrincipalOfficerNm0ANGIE NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER TENANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0388887
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0388887
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111090
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-21507
IRS990/PYOtherExpensesAmt0401907
IRS990/PYOtherRevenueAmt051
IRS990/PYProgramServiceRevenueAmt0381018
IRS990/PYRevenuesLessExpensesAmt0-42345
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0401907
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0359562
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt08912
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0399977
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032087
IRS990/SavingsAndTempCashInvstGrp/EOYAmt034648
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04456
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01369
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0399977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0381018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0353872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0366996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0393304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01895167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04456
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05879
IRS990ScheduleA/InvestmentIncomeCYPct00.00310
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt095
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt051
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0146
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.46900
IRS990ScheduleA/PublicSupportPY509Pct00.47950
IRS990ScheduleA/PublicSupportTotal509Amt0891615
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0223843
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0205700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0172694
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0191281
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0210034
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01003552
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0223843
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0205700
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0172694
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0191281
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0210034
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01003552
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0399977
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0381018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0353872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0366996
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0393304
IRS990ScheduleA/Total509Grp/TotalAmt01895167
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0404528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0381103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0353872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0367016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0394673
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01901192
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0758537
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02128852
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02887389
IRS990ScheduleD/EquipmentGrp/BookValueAmt07924
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114372
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122296
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0394677
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07095
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07095
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0328353
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDS HELD BY BOND TRUSTEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034648
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1300000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFICIT GUARANTEE NOTE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0403589
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED, ALL FILINGS ARE CURRENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0773556
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0328353
IRS990ScheduleD/TotalExpensesPerForm990Amt0394677
IRS990ScheduleD/TotalLiabilityAmt0334648
IRS990ScheduleD/TotalRevenuePerForm990Amt0403589
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0403589
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0394677
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION IS COMPRISED OF MEMBER LUTHERAN CHURCHES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS ARE ELECTED BY DELEGATES FROM MEMBER CHURCHES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS ARE ELECTED BY DELEGATES FROM MEMBER CHURCHES ADN THEREFORE ULTIMATELY ANSWER TO THE ORGANIZATIONS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY DOES NOT REVIEW A DRAFT OF THE 990; HOWEVER, ONE OR MORE OF THE OFFICERS PERFORMS A CURSORY REVIEW PRIOR TO SIGNING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUTHERAN HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410694719
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0CHARITABLE ORGANIZAT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE LIVING ENVIRONMENTS FOR SENIORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 480
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TWIN VALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd056584
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,197,084
Liabilities
$2,368,499
Net assets
-$1,171,415
Revenue
$403,589
Expenses
$394,677
Net income
$8,912
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.73$0.21$0.69$0.28$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.94$1.63$0.69$0.45$0.42$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.98$1.70$0.73$0.68$0.41$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.06$2.06$1.00$0.45$0.38$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.09$2.25$1.17$0.40$0.40$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.20$2.37$1.17$0.40$0.39$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.28$2.46$1.18$0.36$0.40$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.37$2.51$1.14$0.35$0.39$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.45$2.55$1.10$0.37$0.39$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.55$2.62$1.07$0.39$0.41$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.65$2.70$1.05$0.36$0.43$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$2.75$0.98$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$2.83$0.93$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$2.92$0.91$0.40