Civic Intelligence

Pine City Estates

990EZ • Fiscal year 2022 • EIN 41-6080949

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 11, 2023

Organization ProfileN/A
PO Box 101Pine City, MN 55063

(320) 629-6994

Siviq Scores

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

Liabilities / Assets

97th percentile

1.09x

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

7.94x

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

12th percentile

-34%

Higher net margin than 12% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$6,480

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 15.4% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

36th percentile

-4.8%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-27%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$305,066

Down $15,334 (-4.8%) from 2021

Net Assets

Down

-$27,960

Down $14,304 (-105%) from 2021

Liabilities

Down

$333,026

Down $1,030 (-0.3%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin12th percentile

Revenue

Down

$41,966

Down $15,395 (-27%) from 2021

Expenses

Down

$56,270

Down $28,584 (-34%) from 2021

Net Income

Up

-$14,304

Up $13,189 (+48%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $54,461Liabilities 2010: $25,796Net Assets 2010: $28,6652010Assets 2011: $400,420Liabilities 2011: $381,070Net Assets 2011: $19,3502011Assets 2012: $390,805Liabilities 2012: $376,874Net Assets 2012: $13,9312012Assets 2013: $362,106Liabilities 2013: $371,567Net Assets 2013: -$9,4612013Assets 2014: $361,178Liabilities 2014: $366,036Net Assets 2014: -$4,8582014Assets 2015: $354,299Liabilities 2015: $360,342Net Assets 2015: -$6,0432015Assets 2016: $354,856Liabilities 2016: $354,521Net Assets 2016: $3352016Assets 2017: $333,486Liabilities 2017: $348,567Net Assets 2017: -$15,0812017Assets 2018: $326,449Liabilities 2018: $342,955Net Assets 2018: -$16,5062018Assets 2019: $327,131Liabilities 2019: $336,247Net Assets 2019: -$9,1162019Assets 2020: $344,103Liabilities 2020: $330,266Net Assets 2020: $13,8372020Assets 2021: $320,400Liabilities 2021: $334,056Net Assets 2021: -$13,6562021Assets 2022: $305,066Liabilities 2022: $333,026Net Assets 2022: -$27,9602022Assets 2023: $266,887Liabilities 2023: $312,318Net Assets 2023: -$45,4312023Assets 2024: $232,102Liabilities 2024: $306,906Net Assets 2024: -$74,8042024

Highlighted filing

2022

Assets$305,066
Liabilities$333,026
Net Assets-$27,960
Open 2022 Filing

Operations Trend

Revenue Growth15th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $41,149Expenses 2010: $32,939Net Income 2010: $8,2102010Revenue 2011: $36,701Expenses 2011: $46,016Net Income 2011: -$9,3152011Revenue 2012: $40,032Expenses 2012: $45,451Net Income 2012: -$5,4192012Revenue 2013: $43,243Expenses 2013: $66,635Net Income 2013: -$23,3922013Revenue 2014: $49,612Expenses 2014: $45,009Net Income 2014: $4,6032014Revenue 2015: $55,726Expenses 2015: $56,911Net Income 2015: -$1,1852015Revenue 2016: $55,270Expenses 2016: $48,892Net Income 2016: $6,3782016Revenue 2017: $55,883Expenses 2017: $71,299Net Income 2017: -$15,4162017Revenue 2018: $54,726Expenses 2018: $56,151Net Income 2018: -$1,4252018Revenue 2019: $66,029Expenses 2019: $58,639Net Income 2019: $7,3902019Revenue 2020: $73,102Expenses 2020: $50,149Net Income 2020: $22,9532020Revenue 2021: $57,361Expenses 2021: $84,854Net Income 2021: -$27,4932021Revenue 2022: $41,966Expenses 2022: $56,270Net Income 2022: -$14,3042022Revenue 2023: $45,101Expenses 2023: $62,572Net Income 2023: -$17,4712023Revenue 2024: $71,926Expenses 2024: $101,299Net Income 2024: -$29,3732024

Highlighted filing

2022

Revenue$41,966
Expenses$56,270
Net Income-$14,304
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 11, 2023
Return Version
2022v5.0
Gross Receipts
$41,966
Mission and Program Overview

Mission

ELDERLY HOUSING

Program Services

DescriptionGrantsExpenses
SUBSIDIZED HOUSING FOR ELDERLY INDIVIDUALS-$52,795
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEB ROBELIADirector-$6,480-$6,480
DANIEL CARLSONPresident-$0--
SUSAN VALVODASecretary-$0--
Filing and Contact Details

Filer

Filer Name
Pine City Estates
EIN
41-6080949
Address
PO BOX 101, PINE CITY, MN 55063

Signing Officer

Name
Daniel Carlson
Title
President
Signed
2023-07-11

Preparer

Firm
Currie Myers & Associates Ltd
Address
539 MAIN ST S, PINE CITY, MN 55063
Preparer
Krista Currie CPA Ea
Phone
3206292090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies 60 interest expense 5,088 general insurance 7,513 fidelity insurance 111 permits 319 overage charge 395 total 13,486”

Form 990-ez, Part II, Line 24

“Accounts receivable 7,070 5,880 improvement loan receivable 66,811 66,811 total 73,881 72,691”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 9,118 14,781 usda loan 321,803 315,110 security deposits 3,135 3,135”

Raw XML Appendix105 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/PersonNm0DAN CARLSON
IRS990EZ/BooksInCareOfDetail/PhoneNum03206296994
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0905 7TH STREET SW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PINE CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055063
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0153647
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0143524
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14304
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03415
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0320400
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0305066
IRS990EZ/GrossReceiptsAmt041966
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt016
IRS990EZ/LandAndBuildingsGrp/BOYAmt092872
IRS990EZ/LandAndBuildingsGrp/EOYAmt088851
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-13656
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-27960
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-13656
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-27960
IRS990EZ/OccupancyRentUtltsAndMaintAmt032385
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt26480
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL CARLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN VALVODA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEB ROBELIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt073881
IRS990EZ/OtherAssetsTotalDetail/EOYAmt072691
IRS990EZ/OtherExpensesTotalAmt013486
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ELDERLY HOUSING
IRS990EZ/ProgramServiceRevenueAmt041950
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUBSIDIZED HOUSING FOR ELDERLY INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052795
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06984
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0334056
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0333026
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056270
IRS990EZ/TotalProgramServiceExpensesAmt052795
IRS990EZ/TotalRevenueAmt041966
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 60 INTEREST EXPENSE 5,088 GENERAL INSURANCE 7,513 FIDELITY INSURANCE 111 PERMITS 319 OVERAGE CHARGE 395 TOTAL 13,486
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 7,070 5,880 IMPROVEMENT LOAN RECEIVABLE 66,811 66,811 TOTAL 73,881 72,691
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 9,118 14,781 USDA LOAN 321,803 315,110 SECURITY DEPOSITS 3,135 3,135
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
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL CARLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PINE CITY ESTATES
ReturnHeader/Filer/BusinessNameControlTxt0PINE
ReturnHeader/Filer/EIN0416080949
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 101
ReturnHeader/Filer/USAddress/CityNm0PINE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411926228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CURRIE MYERS & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0539 MAIN ST S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PINE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055063
ReturnHeader/PreparerPersonGrp/PhoneNum03206292090
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTA CURRIE CPA EA
ReturnHeader/ReturnTs02023-07-12T17:16:22-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARLSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$305,066
Liabilities
$333,026
Net assets
-$27,960
Revenue
$41,966
Expenses
$56,270
Net income
-$14,304
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.32$3.07$0.75$0.72$1.01$0.29
2023Detailed filing. Detailed filing data is available for this year.$2.67$3.12$0.45$0.45$0.63$0.17
2022Detailed filing. Detailed filing data is available for this year.$3.05$3.33$0.28$0.42$0.56$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.20$3.34$0.14$0.57$0.85$0.27
2020Detailed filing. Detailed filing data is available for this year.$3.44$3.30$0.14$0.73$0.50$0.23
2019Detailed filing. Detailed filing data is available for this year.$3.27$3.36$0.09$0.66$0.59$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.26$3.43$0.17$0.55$0.56$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.33$3.49$0.15$0.56$0.71$0.15
2016Detailed filing. Detailed filing data is available for this year.$3.55$3.55$0.00$0.55$0.49$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.54$3.60$0.06$0.56$0.57$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.61$3.66$0.05$0.50$0.45$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.62$3.72$0.09$0.43$0.67$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$3.77$0.14$0.40$0.45$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$3.81$0.19$0.37$0.46$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.26$0.29$0.41$0.33$0.08