Civic Intelligence

Living Services Foundation

990 • Fiscal year 2022 • EIN 41-1936717

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 11, 2024

Organization Profilewww.lsfhealth.org

View Organization Page

3109 West 50th Street 133Minneapolis, MN 55410

(763) 231-0410

Siviq Scores

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

Liabilities / Assets

97th percentile

1.23x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

2.18x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$216,160

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-18%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Flat

$9,713,975

Flat from 2022

Net Assets

Flat

-$2,259,412

Flat from 2022

Liabilities

Flat

$11,973,387

Flat from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin61st percentile

Revenue

Flat

$5,482,611

Flat from 2022

Expenses

Flat

$4,786,226

Flat from 2022

Net Income

Flat

$696,385

Flat from 2022

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$60M$40M$20M$0-$20MAssets 2010: $28,324,855Liabilities 2010: $27,918,241Net Assets 2010: $406,6142010Assets 2011: $34,180,217Liabilities 2011: $34,723,033Net Assets 2011: -$542,8162011Assets 2012: $33,567,590Liabilities 2012: $35,253,322Net Assets 2012: -$1,685,7322012Assets 2013: $34,790,428Liabilities 2013: $38,087,772Net Assets 2013: -$3,297,3442013Assets 2014: $37,924,589Liabilities 2014: $42,570,285Net Assets 2014: -$4,645,6962014Assets 2015: $39,744,215Liabilities 2015: $45,934,786Net Assets 2015: -$6,190,5712015Assets 2016: $30,939,425Liabilities 2016: $37,924,240Net Assets 2016: -$6,984,8152016Assets 2017: $10,480,390Liabilities 2017: $12,844,879Net Assets 2017: -$2,364,4892017Assets 2018: $9,477,165Liabilities 2018: $12,143,129Net Assets 2018: -$2,665,9642018Assets 2019: $9,192,649Liabilities 2019: $11,548,921Net Assets 2019: -$2,356,2722019Assets 2020: $9,982,737Liabilities 2020: $11,988,789Net Assets 2020: -$2,006,0522020Assets 2021: $11,713,734Liabilities 2021: $15,388,452Net Assets 2021: -$3,674,7182021Assets 2022: $9,713,975Liabilities 2022: $11,973,387Net Assets 2022: -$2,259,4122022Assets 2022: $9,713,975Liabilities 2022: $11,973,387Net Assets 2022: -$2,259,4122022Assets 2023: $8,510,167Liabilities 2023: $13,850,503Net Assets 2023: -$5,340,3362023

Highlighted filing

2022

Assets$9,713,975
Liabilities$11,973,387
Net Assets-$2,259,412
Open 2022 Filing

Operations Trend

Revenue Growth20th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $20,346,2362010Expenses 2011: $13,027,1472011Expenses 2012: $3,810,6582012Expenses 2013: $4,346,0042013Revenue 2014: $5,633,864Expenses 2014: $7,049,186Net Income 2014: -$1,415,3222014Revenue 2015: $7,416,486Expenses 2015: $8,976,596Net Income 2015: -$1,560,1102015Revenue 2016: $7,925,186Expenses 2016: $10,074,008Net Income 2016: -$2,148,8222016Revenue 2017: $5,585,331Expenses 2017: $6,121,148Net Income 2017: -$535,8172017Revenue 2018: $4,775,899Expenses 2018: $5,084,959Net Income 2018: -$309,0602018Revenue 2019: $6,067,446Expenses 2019: $5,727,726Net Income 2019: $339,7202019Revenue 2020: $6,993,759Expenses 2020: $6,651,219Net Income 2020: $342,5402020Revenue 2021: $6,646,276Expenses 2021: $6,563,182Net Income 2021: $83,0942021Revenue 2022: $5,482,611Expenses 2022: $4,786,226Net Income 2022: $696,3852022Revenue 2022: $5,482,611Expenses 2022: $4,786,226Net Income 2022: $696,3852022Revenue 2023: $2,152,324Expenses 2023: $3,295,500Net Income 2023: -$1,143,1762023

Highlighted filing

2022

Revenue$5,482,611
Expenses$4,786,226
Net Income$696,385
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 11, 2024
Return Version
2021v4.2
Gross Receipts
$5,482,611
Mission and Program Overview

Mission

The Foundation is organized and shall be operated primarily to own, maintain, operate and conduct, directly or indirectly, housing and long-term care facilities for the elderly and to assist and coordinate activities of facilities for health care, social services, education and research, and do any and all other acts and things and exercise any and all other rights and powers which may be reasonably necessary, incidental, desirable or expedient in the accomplishment of such purposes.

Housing and long-term care facilities for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,305,514$5,931,119▼ $374,395
Loans From Officers Directors$1,400,000$1,400,000→ $0
Savings and Temporary Cash Investments$1,913,296$385,437▼ $1,527,859
Accounts Receivable$805,043$65,992▼ $739,051
Prepaid Expenses and Deferred Charges$214,121$14,128▼ $199,993
Total Assets$11,713,734$9,713,975▼ $1,999,759
Other Assets Total$2,475,760$3,317,299▲ $841,539
Liabilities
Tax Exempt Bond Liabilities$7,971,206$6,576,251▼ $1,394,955
Other Liabilities$4,336,830$3,584,621▼ $752,209
Unsecured Notes Loans Payable$843,426--
Mortgage Notes Payable Secured by Investment Property$63,563$229,557▲ $165,994
Accounts Payable and Accrued Expenses$752,823$176,578▼ $576,245
Escrow Account Liability$20,604$6,380▼ $14,224
Total Liabilities$15,388,452$11,973,387▼ $3,415,065
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,674,718$-2,259,412▲ $1,415,306
Total Net Assets Fund Balance$-3,674,718$-2,259,412▲ $1,415,306
Total Liabilities and Net Assets / Fund Balance$11,713,734$9,713,975▼ $1,999,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,148,075$3,868,691$9,016,766
Land$782,122-$782,122
Equipment$0$491,849$491,849
Other Land Buildings$922$22,000$22,922
Other Assets Org$976,483--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer GleasonCOO/Secretary/TreasurerPT$200,559$16,260$216,819
Dennis Kamstra -PresCEOBoard Mem(Jul-Nov)/Chair as of Dec-$201,722$628$202,350
Kimberly CallensRegistered NurseFT$110,383-$110,383
Paul SandersBoard Member-$10,000-$10,000
Robert Sundberg - Chair(Jul-Nov)/Board Member as of Dec-$10,000-$10,000
Rod PakonenBoard Member-$10,000-$10,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Big Stone TherapiesPhysical, occupational, speech therapy500 Cross Street, Big Stone City, SD 57216$297,832
Revenue and Support

Revenue Composition

Contributions and Grants
$2,557,539
Program Service Revenue
$2,923,712
Investment Income
$1,360
Other Revenue
$0
Change in Net Assets
$696,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,405,391
Other Expenses$2,380,485
Grants and Similar Amounts Paid$350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,469,652$184,004-$1,653,656
Interest$596,978--$596,978
Current Officers, Directors, Trustees, and Key Employees$40,146$361,287-$401,433
Depreciation Depletion$381,478--$381,478
Other Employee Benefits$170,091$11,632-$181,723
Occupancy$180,874--$180,874
Fees for Services Accounting-$172,777-$172,777
Payroll Taxes$143,276$7,739-$151,015
Office Expenses$146,742--$146,742
Fees for Services Management-$128,756-$128,756
Insurance$108,391--$108,391
Fees for Services Other$64,898--$64,898
Conferences and Meetings$60,083--$60,083
Other Expenses$53,209--$53,209
All Other Expenses$47,037--$47,037
Travel$27,348--$27,348
Information Technology$19,274--$19,274
Pension Plan Contributions$16,507$1,057-$17,564
Fees for Services Legal-$14,756-$14,756
Advertising$12,292--$12,292
Grants to Domestic Individuals$350--$350
Total Functional Expenses$3,904,218$882,008$0$4,786,226
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,400,000$1,400,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/From Affiliates$1,523,407
Due To/From Parent Company$1,019,714
Accrued Interest$1,013,651
Asset retirement obligation$27,849

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Mora2009-04-30$6,258,382To purchase a nursing & assisted living facility in Mora, MN.
BCity of Mora2013-09-06$4,851,795Refinance a portion of Series 2009 notes issues in 4/30/2009.
CCity of Minneota2013-12-31$4,397,409To purchase a nursing & assisted living facility in Minneota, MN.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,258,382$4,749,701$4,858,382$97,035
B$4,851,795-$1,476,033$34,437
C$4,397,409-$1,138,431-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, line 2

“Dennis Kamstra and Jennifer Gleason have a family relationship.”

Form 990, Part VI, Section A, line 8B

“No committees are able to act on behalf of the board.”

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

“An electronic draft of the Form 990 is distributed to the full board of directors for review and approval prior to filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“The Conflict of Interest policy is enforced and consistently monitored. An interested person must disclose the existence of their financial interest to the board considering the proposed transaction or arrangement. The remaining board members then determine if a conflict of interest exists. Corrective action is taken by the board of directors as deemed necessary when a conflict of interest is determined to have occurred. Disclosure of a conflict of interest would prevent that person from taking part in discussions or voting on related issues.”

Form 990, Part VI, Section B, line 15

“The process for determining compensation for the CEO and COO is determined by a compensation survey and study. The compensation is then approved by the independent members of the Board of Directors. The last review took place during the summer of 2020.”

Form 990, Part VI, Section C, line 19

“The Organization makes the governing documents and conflict of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
Living Services Foundation
EIN
41-1936717
Phone
7632310410
Address
3109 West 50th Street 133, Minneapolis, MN 55410

Signing Officer

Name
Jennifer Gleason
Title
Chief Operating Officer
Phone
7632310410
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Gleason
Formed
1999
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
2
Employees
113
Volunteers
0

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

“In December of 2021, the skilled nursing facility at our Minneota, MN location closed due to the inability to recruit night shift nurses.”

Financial Statement Notes

Part IV, Line 2B:

“The Organization acts as custodian for the funds of the residents and holds tenant security deposits. These funds are included in cash and cash equivalents and current liabilities.”

Raw XML AppendixShowing 400 of 734 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.

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IRS990/Desc0The organization owns and provides management oversight to the following wholly owned subsidiaries:Living Services Foundation/Minneota, LLC consists of a 57-bed skilled nursing facility and 33-unit assisted living facility located in Minneota, Minnesota. Living Services Foundation/Mora, LLC consists of a 65-bed skilled nursing facility, a 35-unit assisted living facility, and clinic space for LSF Mora, LLC, located in Mora, Minnesota. Benedictine Living Community of Mora operates the facilities owned by Living Services Foundation/Mora, LLC and manages a 30 unit assisted living building for a third party in Mora, MN.The organization operates Living Services Foundation - Minneota, Living Services Foundation/Mora, LLC and Benedictine Living Community of Mora.
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation is organized and shall be operated primarily to own, maintain, operate and conduct, directly or indirectly, housing and long-term care facilities for the elderly and to assist and coordinate activities of facilities for health care, social services, education and research, and do any and all other acts and things and exercise any and all other rights and powers which may be reasonably necessary, incidental, desirable or expedient in the accomplishment of such purposes.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt063563
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0229557
IRS990/NetAssetsOrFundBalancesBOYAmt0-3674718
IRS990/NetAssetsOrFundBalancesEOYAmt0-2259412
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3674718
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2259412
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0180874
IRS990/OccupancyGrp/TotalAmt0180874
IRS990/OfficeExpensesGrp/ProgramServicesAmt0146742
IRS990/OfficeExpensesGrp/TotalAmt0146742
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02475760
IRS990/OtherAssetsTotalGrp/EOYAmt03317299
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011632
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0170091
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0181723
IRS990/OtherExpensesGrp/Desc0Medical Expenses
IRS990/OtherExpensesGrp/Desc1DHS Surcharge
IRS990/OtherExpensesGrp/Desc2Food
IRS990/OtherExpensesGrp/Desc3Bad Debt Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt0223765
IRS990/OtherExpensesGrp/ProgramServicesAmt177412
IRS990/OtherExpensesGrp/ProgramServicesAmt264415
IRS990/OtherExpensesGrp/ProgramServicesAmt353209
IRS990/OtherExpensesGrp/TotalAmt0223765
IRS990/OtherExpensesGrp/TotalAmt177412
IRS990/OtherExpensesGrp/TotalAmt264415
IRS990/OtherExpensesGrp/TotalAmt353209
IRS990/OtherLiabilitiesGrp/BOYAmt04336830
IRS990/OtherLiabilitiesGrp/EOYAmt03584621
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0184004
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01469652
IRS990/OtherSalariesAndWagesGrp/TotalAmt01653656
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07739
IRS990/PayrollTaxesGrp/ProgramServicesAmt0143276
IRS990/PayrollTaxesGrp/TotalAmt0151015
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01057
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016507
IRS990/PensionPlanContributionsGrp/TotalAmt017564
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0214121
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014128
IRS990/PrincipalOfficerNm0Jennifer Gleason
IRS990/PriorPeriodAdjustmentsAmt0718921
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2541610
IRS990/ProgramServiceRevenueGrp/Desc0Resident Service Reven
IRS990/ProgramServiceRevenueGrp/Desc1Lease Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Management Fee Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01923914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1517233
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2439969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01923914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1517233
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2439969
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04006
IRS990/PYInvestmentIncomeAmt0514
IRS990/PYOtherExpensesAmt02530997
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06645762
IRS990/PYRevenuesLessExpensesAmt083094
IRS990/PYSalariesCompEmpBnftPaidAmt04028179
IRS990/PYTotalExpensesAmt06563182
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06646276
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0696385
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02923712
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01913296
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0385437
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization made amendments to its governing documents and as of December 17, 2017 is no longer a supporting organization under IRC Section 509(a)(3). As such, the organization is completing Part III as publicly supported organization under IRC Section 509(a)(2) beginning with tax year 2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02557539
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02567539
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01360
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0514
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0475
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0875
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04546
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02923712
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06645762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06992437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06066971
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04765024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt027393906
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01360
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0514
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0875
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04546
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85550
IRS990ScheduleA/PublicSupportPY509Pct00.82480
IRS990ScheduleA/PublicSupportTotal509Amt025636068
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt038439
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0823022
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01190975
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01168220
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01104721
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04325377
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt038439
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0823022
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01190975
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt01168220
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt01104721
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt04325377
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05481251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06645762
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06992437
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06066971
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04775024
IRS990ScheduleA/Total509Grp/TotalAmt029961445
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05482611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06646276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06993759
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06067446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04775899
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt029965991
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05148075
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03868691
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09016766
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0491849
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0491849
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0782122
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0782122
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01490771
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt128829
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2670000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3151216
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4976483
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due To/From Affiliates
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Bed Licenses
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Debt reserve fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ERC Receivable
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0922
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022922
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11523407
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21019714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31013651
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Asset retirement obligation
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due To/From Affiliates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due To/From Parent Company
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Accrued Interest
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization acts as custodian for the funds of the residents and holds tenant security deposits. These funds are included in cash and cash equivalents and current liabilities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05931119
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03317299
IRS990ScheduleD/TotalLiabilityAmt03584621
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,713,975
Liabilities
$11,973,387
Net assets
-$2,259,412
Revenue
$5,482,611
Expenses
$4,786,226
Net income
$696,385
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.51$13.9$5.34$2.15$3.30$1.14
2022Detailed filing. Detailed filing data is available for this year.$9.71$12.0$2.26$5.48$4.79$0.70
2022Summary only. Only limited summary data is available for this year.$9.71$12.0$2.26$5.48$4.79$0.70
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$15.4$3.67$6.65$6.56$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.98$12.0$2.01$6.99$6.65$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.19$11.5$2.36$6.07$5.73$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$12.1$2.67$4.78$5.08$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$12.8$2.36$5.59$6.12$0.54
2016Detailed filing. Detailed filing data is available for this year.$30.9$37.9$6.98$7.93$10.1$2.15
2015Detailed filing. Detailed filing data is available for this year.$39.7$45.9$6.19$7.42$8.98$1.56
2014Detailed filing. Detailed filing data is available for this year.$37.9$42.6$4.65$5.63$7.05$1.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.8$38.1$3.30$4.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.6$35.3$1.69$3.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$34.7$0.54$13.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.3$27.9$0.41$20.3