Civic Intelligence

Bel-Plex Apartments Inc

990EZ • Fiscal year 2021 • EIN 41-6058468

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 13, 2022

Organization ProfileN/A
PO Box 74Foreston, MN 56330

(320) 493-0562

Siviq Scores

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

Liabilities / Assets

99th percentile

3.43x

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

3.02x

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

32nd percentile

-3.1%

Higher net margin than 32% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

44th percentile

0.6%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

37th percentile

-15%

Faster revenue growth than 37% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$88,161

Up $562 (+0.6%) from 2020

Net Assets

Down

-$214,358

Down $3,072 (-1.5%) from 2020

Liabilities

Up

$302,519

Up $3,634 (+1.2%) from 2020

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin32nd percentile

Revenue

Down

$100,292

Down $17,111 (-15%) from 2020

Expenses

Down

$103,364

Down $51,347 (-33%) from 2020

Net Income

Up

-$3,072

Up $34,236 (+92%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$400K$200K$0-$200K-$400KAssets 2011: $226,216Liabilities 2011: $322,0172011Assets 2012: $206,408Liabilities 2012: $312,6112012Assets 2013: $181,003Liabilities 2013: $311,7032013Assets 2014: $161,845Liabilities 2014: $321,4382014Assets 2015: $140,800Liabilities 2015: $301,1682015Assets 2016: $124,116Liabilities 2016: $293,8582016Assets 2017: $109,449Liabilities 2017: $271,446Net Assets 2017: -$161,9972017Assets 2018: $103,513Liabilities 2018: $264,967Net Assets 2018: -$161,4542018Assets 2019: $87,186Liabilities 2019: $261,164Net Assets 2019: -$173,9782019Assets 2020: $87,599Liabilities 2020: $298,885Net Assets 2020: -$211,2862020Assets 2021: $88,161Liabilities 2021: $302,519Net Assets 2021: -$214,3582021Assets 2022: $74,275Liabilities 2022: $297,233Net Assets 2022: -$222,9582022Assets 2023: $64,976Liabilities 2023: $306,3472023Assets 2024: $64,777Liabilities 2024: $298,920Net Assets 2024: -$234,1432024

Highlighted filing

2021

Assets$88,161
Liabilities$302,519
Net Assets-$214,358
Open 2021 Filing

Operations Trend

Revenue Growth37th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $82,651Expenses 2011: $92,934Net Income 2011: -$10,2832011Revenue 2012: $89,406Expenses 2012: $99,808Net Income 2012: -$10,4022012Revenue 2013: $84,775Expenses 2013: $109,272Net Income 2013: -$24,4972013Revenue 2014: $79,471Expenses 2014: $108,364Net Income 2014: -$28,8932014Revenue 2015: $83,644Expenses 2015: $84,419Net Income 2015: -$7752015Revenue 2016: $71,825Expenses 2016: $81,199Net Income 2016: -$9,3742016Revenue 2017: $81,567Expenses 2017: $73,822Net Income 2017: $7,7452017Revenue 2018: $83,887Expenses 2018: $83,344Net Income 2018: $5432018Revenue 2019: $97,388Expenses 2019: $109,912Net Income 2019: -$12,5242019Revenue 2020: $117,403Expenses 2020: $154,711Net Income 2020: -$37,3082020Revenue 2021: $100,292Expenses 2021: $103,364Net Income 2021: -$3,0722021Revenue 2022: $111,838Expenses 2022: $120,439Net Income 2022: -$8,6012022Revenue 2023: $109,817Expenses 2023: $134,554Net Income 2023: -$24,7372023Revenue 2024: $119,817Expenses 2024: $111,549Net Income 2024: $8,2682024

Highlighted filing

2021

Revenue$100,292
Expenses$103,364
Net Income-$3,072
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 13, 2022
Return Version
2021v4.0
Gross Receipts
$100,292
Mission and Program Overview

Mission

We provided 18 housing units to low and moderate income families, on a non-profit basis.

Program Services

DescriptionGrantsExpenses
WE PROVIDED 18 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS-$81,843
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN ROELIKEBoard Member-$0--
RICK TSCHIDABoard Member-$0--
ROBERT DICKHOFFBoard Member-$0--
DAVE BRAEGELMANBoard Member-$0--
BRIAN ECKSTEINBoard Member-$0--
LEAH FERNELIUSBoard Member-$0--
DAVE BERTRAMBoard Member-$0--
GEORGE BORGERDINGBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bel-plex Apartments Inc
EIN
41-6058468
Phone
3204930562
Address
PO BOX 74, FORESTON, MN 56330

Signing Officer

Name
Tammy Gherke
Title
Accounting Officer
Phone
3204930562
Signed
2022-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Conway Deuth & Schmiesing Pllp
Address
331 3RD ST SW STE 2, WILLMAR, MN 56201-4440
Preparer
KELLY O'FARRELL
Phone
3202353311
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies 110 property insurance 9,243 training 248 miscellaneous 97 other taxes/licenses 150 total 9,848”

Form 990-ez, Part II, Line 24

“Accounts receivable 4,514 501 equipment 15,875 15,875 less accumulated depreciation 15,875 15,875 total 4,514 501”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 8,866 15,268 deferred revenue 52,328 52,328 mortgage and other notes payable 237,691 234,923”

Form 990-ez, Part III

“We provided 18 housing units to low and moderate income families, on a non-profit basis.”

Raw XML Appendix130 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/BusinessName/BusinessNameLine1Txt0INTEGRITY PROPERTY MANAGEMENT
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0INTEGRITY PROPERTY MANAGEMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum03204930562
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 74
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FORESTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056330
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029874
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046239
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3072
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt032900
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt087599
IRS990EZ/Form990TotalAssetsGrp/EOYAmt088161
IRS990EZ/GrossReceiptsAmt0100292
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LandAndBuildingsGrp/BOYAmt053211
IRS990EZ/LandAndBuildingsGrp/EOYAmt041421
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-211286
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-214358
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-211286
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-214358
IRS990EZ/OccupancyRentUtltsAndMaintAmt060616
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN ROELIKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK TSCHIDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT DICKHOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVE BRAEGELMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN ECKSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LEAH FERNELIUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVE BERTRAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GEORGE BORGERDING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04514
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0501
IRS990EZ/OtherExpensesTotalAmt09848
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE PROVIDED 18 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS.
IRS990EZ/ProgramServiceRevenueAmt0100289
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE PROVIDED 18 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt081843
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0298885
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0302519
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103364
IRS990EZ/TotalProgramServiceExpensesAmt081843
IRS990EZ/TotalRevenueAmt0100292
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 110 PROPERTY INSURANCE 9,243 TRAINING 248 MISCELLANEOUS 97 OTHER TAXES/LICENSES 150 TOTAL 9,848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 4,514 501 EQUIPMENT 15,875 15,875 LESS ACCUMULATED DEPRECIATION 15,875 15,875 TOTAL 4,514 501
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,866 15,268 DEFERRED REVENUE 52,328 52,328 MORTGAGE AND OTHER NOTES PAYABLE 237,691 234,923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE PROVIDED 18 HOUSING UNITS TO LOW AND MODERATE INCOME FAMILIES, ON A NON-PROFIT BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMMY GHERKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACCOUNTING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03204930562
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEL-PLEX APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BEL-
ReturnHeader/Filer/EIN0416058468
ReturnHeader/Filer/PhoneNum03204930562
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 74
ReturnHeader/Filer/USAddress/CityNm0FORESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056330
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411539592
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONWAY DEUTH & SCHMIESING PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0331 3RD ST SW STE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLMAR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0562014440
ReturnHeader/PreparerPersonGrp/PhoneNum03202353311
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY O'FARRELL
ReturnHeader/ReturnTs02022-10-17T11:34:29-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TAMMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GHERKE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,161
Liabilities
$302,519
Net assets
-$214,358
Revenue
$100,292
Expenses
$103,364
Net income
-$3,072
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$2.99$2.34$1.20$1.12$0.08
2023Summary only. Only limited summary data is available for this year.$0.65$3.06$1.10$1.35$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.74$2.97$2.23$1.12$1.20$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.88$3.03$2.14$1.00$1.03$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$2.99$2.11$1.17$1.55$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$2.61$1.74$0.97$1.10$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.04$2.65$1.61$0.84$0.83$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.09$2.71$1.62$0.82$0.74$0.08
2016Summary only. Only limited summary data is available for this year.$1.24$2.94$0.72$0.81$0.09
2015Summary only. Only limited summary data is available for this year.$1.41$3.01$0.84$0.84$0.01
2014Summary only. Only limited summary data is available for this year.$1.62$3.21$0.79$1.08$0.29
2013Summary only. Only limited summary data is available for this year.$1.81$3.12$0.85$1.09$0.24
2012Summary only. Only limited summary data is available for this year.$2.06$3.13$0.89$1.00$0.10
2011Summary only. Only limited summary data is available for this year.$2.26$3.22$0.83$0.93$0.10