Civic Intelligence

Estate Apartments Inc

EIN 41-6039805 • 501(c)4 • Saint Peter, MN

Profile

This apartment building exits to provide 20 small, well maintained apartments for low income seniors and younger adults with disabilities. It is rental only and no services are provifed from the corporation.

Refreshing map…

409 W Myrtle StSaint Peter, MN 56082

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$7,200

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

58th percentile

1.4%

Faster asset growth than 58% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

9.4%

Faster revenue growth than 67% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$238,071

Down $3,142 (-1.3%) from 2022

Liabilities

Down

$24,013

Down $6,603 (-22%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue84th percentileNet Margin68th percentile

Revenue

Down

$80,943

Down $24,990 (-24%) from 2022

Expenses

Down

$80,168

Down $15,968 (-17%) from 2022

Net Income

Down

$775

Down $9,022 (-92%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2010: $301,573Liabilities 2010: $39,683Net Assets 2010: $261,8902010Assets 2011: $293,164Liabilities 2011: $28,6582011Assets 2012: $246,216Liabilities 2012: $20,0722012Assets 2013: $236,932Liabilities 2013: $11,7052013Assets 2014: $225,291Liabilities 2014: $6,6422014Assets 2015: $231,449Liabilities 2015: $14,3792015Assets 2016: $211,556Liabilities 2016: $12,8062016Assets 2017: $204,530Liabilities 2017: -$4,1052017Assets 2018: $204,339Liabilities 2018: $6,8442018Assets 2019: $204,756Liabilities 2019: $6,8702019Assets 2020: $208,848Liabilities 2020: $7,0882020Assets 2021: $207,903Liabilities 2021: $7,103Net Assets 2021: $200,8002021Assets 2022: $241,213Liabilities 2022: $30,616Net Assets 2022: $210,5972022Assets 2023: $238,071Liabilities 2023: $24,0132023

Highlighted filing

2023

Assets$238,071
Liabilities$24,013
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $71,267Expenses 2010: $65,132Net Income 2010: $6,1352010Revenue 2011: $68,449Expenses 2011: $68,479Net Income 2011: -$302011Revenue 2012: $68,493Expenses 2012: $92,547Net Income 2012: -$24,0542012Revenue 2013: $67,037Expenses 2013: $54,408Net Income 2013: $12,6292013Revenue 2014: $66,130Expenses 2014: $72,709Net Income 2014: -$6,5792014Revenue 2015: $70,408Expenses 2015: $97,512Net Income 2015: -$27,1042015Revenue 2016: $97,840Expenses 2016: $116,160Net Income 2016: -$18,3202016Revenue 2017: $72,151Expenses 2017: $70,476Net Income 2017: $1,6752017Revenue 2018: $122,505Expenses 2018: $125,429Net Income 2018: -$2,9242018Revenue 2019: $76,907Expenses 2019: $76,514Net Income 2019: $3932019Revenue 2020: $79,110Expenses 2020: $75,238Net Income 2020: $3,8722020Revenue 2021: $77,015Expenses 2021: $77,975Net Income 2021: -$9602021Revenue 2022: $105,933Expenses 2022: $96,136Net Income 2022: $9,7972022Revenue 2023: $80,943Expenses 2023: $80,168Net Income 2023: $7752023

Highlighted filing

2023

Revenue$80,943
Expenses$80,168
Net Income$775
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$238,071
Liabilities
$24,013
Net assets
-
Revenue
$80,943
Expenses
$80,168
Net income
$775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.38$0.24$0.81$0.80$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.41$0.31$2.11$1.06$0.96$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.07$2.01$0.77$0.78$0.01
2020Summary only. Only limited summary data is available for this year.$2.09$0.07$0.79$0.75$0.04
2019Summary only. Only limited summary data is available for this year.$2.05$0.07$0.77$0.77$0.00
2018Summary only. Only limited summary data is available for this year.$2.04$0.07$1.23$1.25$0.03
2017Summary only. Only limited summary data is available for this year.$2.05$0.04$0.72$0.70$0.02
2016Summary only. Only limited summary data is available for this year.$2.12$0.13$0.98$1.16$0.18
2015Summary only. Only limited summary data is available for this year.$2.31$0.14$0.70$0.98$0.27
2014Summary only. Only limited summary data is available for this year.$2.25$0.07$0.66$0.73$0.07
2013Summary only. Only limited summary data is available for this year.$2.37$0.12$0.67$0.54$0.13
2012Summary only. Only limited summary data is available for this year.$2.46$0.20$0.68$0.93$0.24
2011Summary only. Only limited summary data is available for this year.$2.93$0.29$0.68$0.68$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.40$2.62$0.71$0.65$0.06
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$105,933
Mission and Program Overview

Mission

Toprovideaffordablehousingtoseniorsoflowincome,oryoungerpersonswithdisabilities

This apartment building exits to provide 20 small, well maintained apartments for low income seniors and younger adults with disabilities. It is rental only and no services are provifed from the corporation.

Program Services

DescriptionGrantsExpenses
This apartment building exists to provide 20 small, well-maintained apartments for low income seniors and younger adults with disabilities. It is rental only and no services are provided from the corporation.-$117,504
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judy SchultzManagerPT$6,000-$6,000
Barry WoodPresident-$0--
Cathy CarlsonTreasurer-$0--
John LammertBoard Member-$0--
Marc BachmannBoard Member-$0--
Sandi FrancisBoard Member-$0--
Don GlimsdahlBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Estate Apartments Inc
EIN
41-6039805
Phone
9529136675
Address
409 W MYRTLE ST, SAINT PETER, MN 56082

Signing Officer

Name
Cathy Carlson
Title
Treasurer
Signed
2023-05-15
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Laundry Receipts $1264”

Other Expenses.1002

“Office Expenses $365”

Other Expenses.1008

“Interest $339”

Other Expenses.1012

“Insurance $6312”

Other Expenses.1

“Carpet $13494”

Other Expenses.2

“Cable provided as part of rent $12471”

Other Expenses.3

“Building Maintenance $7544”

Other Expenses.4

“Appliance Replacements $2345”

Other Expenses.5

“Grounds Maintenance $1641”

Other Expenses.6

“Loan Origination Fee $1388”

Other Expenses.8

“County Asssessments $100”

Other Expenses.9

“Donation $50”

Other Expenses.10

“Safety Deposit Rental $25”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $24953”

Total Liabilities.1

“Security Deposits Held in Reserve - Beginning $6400 Security Deposits Held in Reserve - Ending $4991”

Total Liabilities.2

“Payroll Liabilities - Beginning $703 Payroll Liabilities - Ending $672”

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Barry Wood
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Judy Schultz
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Marc Bachmann
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046074
IRS990EZ/OtherRevenueTotalAmt01264
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry Receipts $1264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $6312
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Loan Origination Fee $1388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10County Asssessments $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Donation $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Safety Deposit Rental $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $24953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Security Deposits Held in Reserve - Beginning $6400 Security Deposits Held in Reserve - Ending $4991
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payroll Liabilities - Beginning $703 Payroll Liabilities - Ending $672
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Cathy Carlson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
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ReturnHeader/Filer/EIN0416039805
ReturnHeader/Filer/PhoneNum09529136675
ReturnHeader/Filer/USAddress/AddressLine1Txt0409 W MYRTLE ST
ReturnHeader/Filer/USAddress/CityNm0SAINT PETER
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ReturnHeader/ReturnTs02023-05-15T15:01:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cathy
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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