Civic Intelligence

Calvin Community

990 • Fiscal year 2022 • EIN 42-0891140

May 01, 2021 to Apr 30, 2022 • Filed on Mar 01, 2023

4210 Hickman RoadDes Moines, IA 50310-3395

(515) 277-6141

Siviq Scores

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

Liabilities / Assets

85th percentile

0.71x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

1.50x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

48th percentile

6.1%

Higher net margin than 48% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$153,826

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

47th percentile

-0.5%

Faster asset growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.9%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$24,509,760

Down $135,297 (-0.5%) from 2021

Net Assets

Up

$7,209,110

Up $697,194 (+11%) from 2021

Liabilities

Down

$17,300,650

Down $832,491 (-4.6%) from 2021

Revenue

Down

$11,516,352

Down $105,143 (-0.9%) from 2021

Expenses

Up

$10,819,158

Up $383,442 (+3.7%) from 2021

Net Income

Down

$697,194

Down $488,585 (-41%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $8,905,384Liabilities 2011: $4,630,319Net Assets 2011: $4,275,0652011Assets 2012: $9,258,733Liabilities 2012: $5,162,535Net Assets 2012: $4,096,1982012Assets 2013: $8,910,364Liabilities 2013: $4,988,328Net Assets 2013: $3,922,0362013Assets 2014: $9,148,790Liabilities 2014: $5,856,388Net Assets 2014: $3,292,4022014Assets 2015: $9,565,174Liabilities 2015: $5,717,737Net Assets 2015: $3,847,4372015Assets 2016: $9,657,448Liabilities 2016: $5,586,329Net Assets 2016: $4,071,1192016Assets 2017: $10,669,611Liabilities 2017: $6,487,771Net Assets 2017: $4,181,8402017Assets 2018: $13,749,760Liabilities 2018: $9,621,799Net Assets 2018: $4,127,9612018Assets 2019: $19,319,052Liabilities 2019: $14,696,755Net Assets 2019: $4,622,2972019Assets 2020: $23,805,797Liabilities 2020: $18,479,660Net Assets 2020: $5,326,1372020Assets 2021: $24,645,057Liabilities 2021: $18,133,141Net Assets 2021: $6,511,9162021Assets 2022: $24,509,760Liabilities 2022: $17,300,650Net Assets 2022: $7,209,1102022Assets 2023: $24,120,514Liabilities 2023: $18,371,877Net Assets 2023: $5,748,6372023Assets 2025: $5,585,762Liabilities 2025: $9,759,897Net Assets 2025: -$4,174,1352025

Highlighted filing

2022

Assets$24,509,760
Liabilities$17,300,650
Net Assets$7,209,110

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $8,774,7812011Expenses 2012: $9,361,6382012Expenses 2013: $9,348,3522013Revenue 2014: $9,786,610Expenses 2014: $9,537,297Net Income 2014: $249,3132014Revenue 2015: $10,165,842Expenses 2015: $9,610,807Net Income 2015: $555,0352015Revenue 2016: $9,901,626Expenses 2016: $9,677,944Net Income 2016: $223,6822016Revenue 2017: $10,081,318Expenses 2017: $9,970,597Net Income 2017: $110,7212017Revenue 2018: $10,242,910Expenses 2018: $10,296,789Net Income 2018: -$53,8792018Revenue 2019: $10,676,101Expenses 2019: $10,181,765Net Income 2019: $494,3362019Revenue 2020: $10,625,120Expenses 2020: $9,921,280Net Income 2020: $703,8402020Revenue 2021: $11,621,495Expenses 2021: $10,435,716Net Income 2021: $1,185,7792021Revenue 2022: $11,516,352Expenses 2022: $10,819,158Net Income 2022: $697,1942022Revenue 2023: $12,045,556Expenses 2023: $13,506,029Net Income 2023: -$1,460,4732023Revenue 2025: $11,063,133Expenses 2025: $12,109,880Net Income 2025: -$1,046,7472025

Highlighted filing

2022

Revenue$11,516,352
Expenses$10,819,158
Net Income$697,194
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Mar 1, 2023
Return Version
2021v4.0
Gross Receipts
$11,516,352
Mission and Program Overview

Mission

Calvin community mission is to provide, on a nonprofit basis, services to older adults in a caring, christian community designed to meet their physical, social, spiritual and psychological needs and contribut to their health, security and happiness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,614,156$21,906,228▲ $292,072
Cash and Non-Interest-Bearing Accounts$2,231,610$1,487,194▼ $744,416
Accounts Receivable$445,038$562,849▲ $117,811
Prepaid Expenses and Deferred Charges$150,166$297,613▲ $147,447
Total Assets$24,645,057$24,509,760▼ $135,297
Other Assets Total$204,087$255,876▲ $51,789
Liabilities
Unsecured Notes Loans Payable$14,236,860$13,551,289▼ $685,571
Deferred Revenue$2,482,049$2,156,259▼ $325,790
Accounts Payable and Accrued Expenses$1,414,232$1,593,102▲ $178,870
Total Liabilities$18,133,141$17,300,650▼ $832,491
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,511,916$7,209,110▲ $697,194
Total Net Assets Fund Balance$6,511,916$7,209,110▲ $697,194
Total Liabilities and Net Assets / Fund Balance$24,645,057$24,509,760▼ $135,297

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,373,696$13,134,025$34,507,721
Land$532,532-$532,532
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carl KoedamPresident/ceFT$153,826$153,826
Carl KoedamPresident/CEO-$153,826$153,826
Nikki HauckCFOFT$134,558$134,558

Board Members and Trustees

NameTitle
Jim HoffmanBoard Chairm
Beverly EvansDirector
James ObradovichDirector
Rachel MithelmanDirector
Ray GettingDirector
Whitey StangeDirector
Ryan HanserFoundation L
Dwight TomesSecretary
Mike GlynnTreasurer
Candy MorganVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexo INCMaintenance9801 WASHINGTONIAN BLVD, Gaithersburg, MD 20878$1,216,622
Millennium Rehab And ConsultingRehabilitation4725 MERLE HAY ROAD SUITE 107, Urbandale, IA 50322$600,530
Graphite Construction Group INCConstruction Co1955 NE 58TH AVE SUITE 100, Des Moines, IA 50313$378,246
Gtg Construction LLCConstruction6505 MERLE HAY ROAD SUITE A, Johnston, IA 50131$204,368
Sbs Services Group LLCCleaning10530 VICTORY BLVD, North Hollywood, CA 91606$143,102
Revenue and Support

Revenue Composition

Contributions and Grants
$1,435,710
Program Service Revenue
$10,067,106
Investment Income
$13,536
Other Revenue
$0
Change in Net Assets
$697,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,541,053
Other Expenses$4,278,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,033,187$430,361-$5,463,548
Fees for Services Other$869,266$224,736-$1,094,002
Occupancy$829,040$78,428-$907,468
Depreciation Depletion$618,396--$618,396
Payroll Taxes$369,476$55,682-$425,158
Other Employee Benefits$334,262$29,701-$363,963
Other Expenses$221,868$99,124-$320,992
Current Officers, Directors, Trustees, and Key Employees-$288,384-$288,384
Interest$235,318--$235,318
Insurance$45,293$64,400-$109,693
Advertising-$69,487-$69,487
Total Functional Expenses$9,471,610$1,347,548$0$10,819,158
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCity of Windsor Heights2018-12-27$7,000,000-
ACity of Pleasant Hill2013-12-27$1,900,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$1,900,000$1,874,382$593,393$25,618
B$1,827,500-$138,880$26,873

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
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The preparer of form 990will provide a copy of the organization's final form 990 to the ceo and the cfo. Working with the preparer the cfo will thoroughly review form 990 along with the required schedules. Once that reiew has been completed the ceo, cfo, and finance committee will conduct a review of form 990. Once the finance committee has reviewed form 990 a copy of the organization's final form 990 including required schedules, as ultimately filed with the irs, will be provided to each voting member of the governing body of the organization, whether in paper or electronic form, prior to its filing with the irs.

Form 990, Page 6, Part VI, Line 12C

All directors are to disclose to the board any possible conflict of interest at the earliest practical time. Also the director should be absent from discussions of, and abstain from voting on, such matters under consideration by the board of directors or its committees. Any director who is uncertain whether a conflict of interest may exist in any matter may

Form 990, Page 6, Part VI, Line 15A

Compensation for all employees, including key employees, is determined by the board and/or board committee, and /or the individual employee's department manager and is based on comparability data such as leading age.

Form 990, Page 6, Part VI, Line 15B

Compensation for all employees, including key employees, is determined by the board and/or board committee, and /or the individual employee's department manager and is based on comparability data such as leading age.

Form 990, Page 6, Part VI, Line 19

All governing documents, conflict of interest policy, financial statements and form 990 will be made available to the public upon request at the calvin administration offices.

Filing and Contact Details

Filer

Filer Name
Calvin Community
EIN
42-0891140
Phone
5152776141
Address
4210 HICKMAN ROAD, DES MOINES, IA 50310-3395

Signing Officer

Name
Nikki Hauck
Title
CFO
Phone
5152776141
Signed
2023-03-01

Organization Details

Principal Officer
Nikki Hauck
Formed
1962
Legal Domicile
Ia
Voting Board Members
10
Independent Board Members
10
Employees
271
Volunteers
30

Preparer

Firm
Ryun Givens & Company Pc
Address
2900 100TH ST STE 303, URBANDALE, IA 50322-3855
Preparer
Kathy a French
Phone
5152253141
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Calvin community mission is to provide, on a nonprofit basis, services to older adults in a caring, christian community designed to meet their physical, social, spiritual and psychological needs and contribut to their health, security and happiness.

Form 990, Part IX, Line 11G

Professional services 0 223,871 0 purchased services 869,266 865 0 total 869,266 224,736 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the accounting standard regarding accounting for uncertain tax positions.this standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the entitys financial statements.it requires an entity to recognize the financial statement benefit of a tax position when it is more likely than not that the position will be sustained upon examination.the adoption of this standard had no material effect on the organizations financial position, results of operations, or cash flow.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS.THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ENTITYS FINANCIAL STATEMENTS.IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION.THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATIONS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOW.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$9.76$4.17$11.1$12.1$1.05
2023Summary only. Only limited summary data is available for this year.$24.1$18.4$5.75$12.0$13.5$1.46
2022Detailed filing. Detailed filing data is available for this year.$24.5$17.3$7.21$11.5$10.8$0.70
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$18.1$6.51$11.6$10.4$1.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$18.5$5.33$10.6$9.92$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$14.7$4.62$10.7$10.2$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$9.62$4.13$10.2$10.3$0.05
2017Summary only. Only limited summary data is available for this year.$10.7$6.49$4.18$10.1$9.97$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.66$5.59$4.07$9.90$9.68$0.22
2015Summary only. Only limited summary data is available for this year.$9.57$5.72$3.85$10.2$9.61$0.56
2014Detailed filing. Detailed filing data is available for this year.$9.15$5.86$3.29$9.79$9.54$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.91$4.99$3.92$9.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.26$5.16$4.10$9.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.91$4.63$4.28$8.77