Civic Intelligence

Adel Manor Inc

990 • Fiscal year 2018 • EIN 42-0952944

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 23, 2019

500 Van Fossen LnAdel, IA 50003

(515) 993-4080

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

3.57x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

26th percentile

-3.5%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

26th percentile

-4.2%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

1.0%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,238,826

Down $54,221 (-4.2%) from 2017

Net Assets

Down

$96,803

Down $11,107 (-10%) from 2017

Liabilities

Down

$1,142,023

Down $43,114 (-3.6%) from 2017

Revenue

Up

$320,212

Up $3,309 (+1.0%) from 2017

Expenses

Up

$331,319

Up $35,649 (+12%) from 2017

Net Income

Down

-$11,107

Down $32,340 (-152%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,395,978Liabilities 2011: $1,382,533Net Assets 2011: $13,4452011Assets 2012: $1,388,628Liabilities 2012: $1,359,228Net Assets 2012: $29,4002012Assets 2013: $1,370,867Liabilities 2013: $1,331,439Net Assets 2013: $39,4282013Assets 2014: $1,352,714Liabilities 2014: $1,297,284Net Assets 2014: $55,4302014Assets 2015: $1,326,367Liabilities 2015: $1,260,534Net Assets 2015: $65,8332015Assets 2016: $1,320,961Liabilities 2016: $1,234,284Net Assets 2016: $86,6772016Assets 2017: $1,293,047Liabilities 2017: $1,185,137Net Assets 2017: $107,9102017Assets 2018: $1,238,826Liabilities 2018: $1,142,023Net Assets 2018: $96,8032018Assets 2019: $1,146,014Liabilities 2019: $1,118,214Net Assets 2019: $27,8002019Assets 2020: $1,102,801Liabilities 2020: $1,074,708Net Assets 2020: $28,0932020Assets 2021: $1,231,394Liabilities 2021: $1,010,519Net Assets 2021: $220,8752021Assets 2022: $1,196,581Liabilities 2022: $946,700Net Assets 2022: $249,8812022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$1,238,826
Liabilities$1,142,023
Net Assets$96,803

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $6,732Expenses 2011: $0Net Income 2011: $6,7322011Revenue 2012: $263,435Expenses 2012: $247,480Net Income 2012: $15,9552012Revenue 2013: $275,232Expenses 2013: $265,204Net Income 2013: $10,0282013Revenue 2014: $306,911Expenses 2014: $290,909Net Income 2014: $16,0022014Revenue 2015: $307,115Expenses 2015: $296,712Net Income 2015: $10,4032015Revenue 2016: $312,745Expenses 2016: $291,901Net Income 2016: $20,8442016Revenue 2017: $316,903Expenses 2017: $295,670Net Income 2017: $21,2332017Revenue 2018: $320,212Expenses 2018: $331,319Net Income 2018: -$11,1072018Revenue 2019: $366,915Expenses 2019: $435,918Net Income 2019: -$69,0032019Revenue 2020: $420,478Expenses 2020: $420,185Net Income 2020: $2932020Revenue 2021: $665,891Expenses 2021: $473,109Net Income 2021: $192,7822021Revenue 2022: $447,232Expenses 2022: $418,226Net Income 2022: $29,0062022Revenue 2023: $285,825Expenses 2023: $219,167Net Income 2023: $66,6582023

Highlighted filing

2018

Revenue$320,212
Expenses$331,319
Net Income-$11,107
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 23, 2019
Return Version
2018v3.1
Gross Receipts
$320,212
Mission and Program Overview

Mission

To provide low-income multi-unit housing.

Low-income multi-unit housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,153,157$1,114,140▼ $39,017
Savings and Temporary Cash Investments$43,267$55,752▲ $12,485
Cash and Non-Interest-Bearing Accounts$74,437$47,143▼ $27,294
Prepaid Expenses and Deferred Charges$6,659$5,069▼ $1,590
Accounts Receivable$1,395$2,576▲ $1,181
Total Assets$1,293,047$1,238,826▼ $54,221
Other Assets Total$14,132$14,146▲ $14
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,159,388$1,114,800▼ $44,588
Other Liabilities$14,070$14,077▲ $7
Accounts Payable and Accrued Expenses$11,679$13,146▲ $1,467
Total Liabilities$1,185,137$1,142,023▼ $43,114
Net Assets / Fund Balance
Unrestricted Net Assets$107,910$96,803▼ $11,107
Total Net Assets Fund Balance$107,910$96,803▼ $11,107
Total Liabilities and Net Assets / Fund Balance$1,293,047$1,238,826▼ $54,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$965,430$1,193,336$2,158,766
Equipment$87,748$136,547$224,295
Land$60,962-$60,962
Compensation and Service Providers

Board Members and Trustees

NameTitle
William SandquistPresident
Dan HawkinsVice President
Beth ShieldsDirector
Charles KreagerDirector
Darrell BaumanDirector
Dean BoettcherDirector
Jim PetersDirector
Mary HughesDirector
Linda FullerSecretary
Peg DeboerTop Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$310,100
Investment Income
$162
Other Revenue
$9,950
Change in Net Assets
$-11,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$320,212
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$320,212
Total Revenue per Form 990
$320,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,450
Salaries, Compensation, and Employee Benefits$62,869
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,358--$65,358
Other Salaries and Wages$27,800$27,810-$55,610
Fees for Services Management-$42,050-$42,050
Insurance$16,175--$16,175
Interest$10,767--$10,767
Fees for Services Accounting-$7,675-$7,675
Office Expenses-$5,175-$5,175
Payroll Taxes$2,547$2,547-$5,094
Fees for Services Legal-$2,541-$2,541
Other Employee Benefits$1,082$1,083-$2,165
Advertising-$2,083-$2,083
Other Expenses$7,814$1,698-$1,698
Total Functional Expenses$238,657$92,662$0$331,319

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$331,319
Total Expenses per Audited Statements$331,319
Total Expenses per Form 990$331,319
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$14,077
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has delegated the management of the day to day operations to keyway management (a management company). Keyway management was paid $42,050 to manage the property. In addition, to being reimbursed $62,869 for payroll related costs.

Form 990, Part VI, Section A, Line 6

Members of the organization are both individuals and organizations, entitled to one vote on each matter submitted to a vote of the members.

Form 990, Part VI, Section A, Line 7A

Members elect the board of directors.

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

Prior to filing the return, the return is reviewed with the cpa firm and signed by the board president.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are made available to the public upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

William sandquist - 22155 312th st, adel, ia 50003. Dean boettcher - 25226 pin oak drive, adel, ia 50003. Jim peters - 925 s. 14th st, adel, ia 50003. Linda fuller - 875 s. 14th st, adel, ia 50003. Beth shields - 608 main st., adel, ia 50003. Dan hawkins - 25826 278th pl, dallas center, ia 50063. Charles kreager - 1131 prairie st., adel, ia 50003. Darrell bauman - 1005 s. 12th st, adel, ia 50003. Mary hughes - 915 s. 12th st., adel, ia 50003.

Filing and Contact Details

Filer

Filer Name
Adel Manor Inc
EIN
42-0952944
Phone
5159934080
Address
500 VAN FOSSEN LN, ADEL, IA 50003

Signing Officer

Name
William Sandquist
Title
Board President
Phone
5159934080
Signed
2019-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Sandquist
Formed
1970
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Brooks Lodden Pc
Address
1441 29TH STREET STE 305, WEST DES MOINES, IA 50266-1357
Preparer
John E Lamale
Phone
5152237300
Raw XML AppendixShowing 400 of 443 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011679
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013146
IRS990/AccountsReceivableGrp/BOYAmt01395
IRS990/AccountsReceivableGrp/EOYAmt02576
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW-INCOME MULTI-UNIT HOUSING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02083
IRS990/AdvertisingGrp/TotalAmt02083
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEYWAY MANAGEMENT COMPANY
IRS990/BooksInCareOfDetail/PhoneNum05152254782
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 VALLEY WEST DRIVE SUITE 108
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050266
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt074437
IRS990/CashNonInterestBearingGrp/EOYAmt047143
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0162
IRS990/CYOtherExpensesAmt0268450
IRS990/CYOtherRevenueAmt09950
IRS990/CYProgramServiceRevenueAmt0310100
IRS990/CYRevenuesLessExpensesAmt0-11107
IRS990/CYSalariesCompEmpBnftPaidAmt062869
IRS990/CYTotalExpensesAmt0331319
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0320212
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065358
IRS990/DepreciationDepletionGrp/TotalAmt065358
IRS990/Desc0ADEL MANOR, INC. PROVIDES AFFORDABLE HOUSING TO LOW-INCOME, ELDERLY AND HANDICAPPED INDIVIDUALS THROUGH OPERATION OF 26 UNIT AND 48 UNIT APARTMENT COMPLEXES IN ADEL, IOWA
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0238657
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07675
IRS990/FeesForServicesAccountingGrp/TotalAmt07675
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02541
IRS990/FeesForServicesLegalGrp/TotalAmt02541
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt042050
IRS990/FeesForServicesManagementGrp/TotalAmt042050
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM SANDQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm1DEAN BOETTCHER
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM PETERS
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA FULLER
IRS990/Form990PartVIISectionAGrp/PersonNm4BETH SHIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6CHARLES KREAGER
IRS990/Form990PartVIISectionAGrp/PersonNm7DARRELL BAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm9PEG DEBOER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TOP FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0320212
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt016175
IRS990/InsuranceGrp/TotalAmt016175
IRS990/InterestGrp/ProgramServicesAmt010767
IRS990/InterestGrp/TotalAmt010767
IRS990/InvestmentIncomeGrp/ExclusionAmt0162
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0162
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01329883
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01153157
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01114140
IRS990/LandBldgEquipCostOrOtherBssAmt02444023
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME MULTI-UNIT HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01159388
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01114800
IRS990/NetAssetsOrFundBalancesBOYAmt0107910
IRS990/NetAssetsOrFundBalancesEOYAmt096803
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05175
IRS990/OfficeExpensesGrp/TotalAmt05175
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014132
IRS990/OtherAssetsTotalGrp/EOYAmt014146
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01083
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01082
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02165
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2WASTE REMOVAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01698
IRS990/OtherExpensesGrp/ProgramServicesAmt069595
IRS990/OtherExpensesGrp/ProgramServicesAmt137519
IRS990/OtherExpensesGrp/ProgramServicesAmt27814
IRS990/OtherExpensesGrp/TotalAmt069595
IRS990/OtherExpensesGrp/TotalAmt137519
IRS990/OtherExpensesGrp/TotalAmt27814
IRS990/OtherExpensesGrp/TotalAmt31698
IRS990/OtherLiabilitiesGrp/BOYAmt014070
IRS990/OtherLiabilitiesGrp/EOYAmt014077
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0PRINCIPAL SUBSIDY INCO
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08950
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08950
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11000
IRS990/OtherRevenueTotalAmt09950
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027810
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt027800
IRS990/OtherSalariesAndWagesGrp/TotalAmt055610
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02547
IRS990/PayrollTaxesGrp/ProgramServicesAmt02547
IRS990/PayrollTaxesGrp/TotalAmt05094
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05069
IRS990/PrincipalOfficerNm0WILLIAM SANDQUIST
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1812300
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0305318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14782
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0305318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14782
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0125
IRS990/PYOtherExpensesAmt0261001
IRS990/PYOtherRevenueAmt08941
IRS990/PYProgramServiceRevenueAmt0307837
IRS990/PYRevenuesLessExpensesAmt021233
IRS990/PYSalariesCompEmpBnftPaidAmt034669
IRS990/PYTotalExpensesAmt0295670
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0316903
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-11107
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0320050
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043267
IRS990/SavingsAndTempCashInvstGrp/EOYAmt055752
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0965430
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01193336
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02158766
IRS990ScheduleD/EquipmentGrp/BookValueAmt087748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0136547
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0224295
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0331319
IRS990ScheduleD/LandGrp/BookValueAmt060962
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014077
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0320212
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01114140
IRS990ScheduleD/TotalExpensesPerForm990Amt0331319
IRS990ScheduleD/TotalLiabilityAmt014077
IRS990ScheduleD/TotalRevenuePerForm990Amt0320212
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0320212
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0331319
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED THE MANAGEMENT OF THE DAY TO DAY OPERATIONS TO KEYWAY MANAGEMENT (A MANAGEMENT COMPANY). KEYWAY MANAGEMENT WAS PAID $42,050 TO MANAGE THE PROPERTY. IN ADDITION, TO BEING REIMBURSED $62,869 FOR PAYROLL RELATED COSTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE ORGANIZATION ARE BOTH INDIVIDUALS AND ORGANIZATIONS, ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR TO FILING THE RETURN, THE RETURN IS REVIEWED WITH THE CPA FIRM AND SIGNED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WILLIAM SANDQUIST - 22155 312TH ST, ADEL, IA 50003. DEAN BOETTCHER - 25226 PIN OAK DRIVE, ADEL, IA 50003. JIM PETERS - 925 S. 14TH ST, ADEL, IA 50003. LINDA FULLER - 875 S. 14TH ST, ADEL, IA 50003. BETH SHIELDS - 608 MAIN ST., ADEL, IA 50003. DAN HAWKINS - 25826 278TH PL, DALLAS CENTER, IA 50063. CHARLES KREAGER - 1131 PRAIRIE ST., ADEL, IA 50003. DARRELL BAUMAN - 1005 S. 12TH ST, ADEL, IA 50003. MARY HUGHES - 915 S. 12TH ST., ADEL, IA 50003.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ADEL MANOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ADEL ASSISTED LIVING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0810577942
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO FACILITATE THE DEVELOPMENT AND ASSIST IN THE MANAGEMENT OF A 24-32 UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0504 VAN FOSSEN LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ADEL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01293047
IRS990/TotalAssetsEOYAmt01238826
IRS990/TotalAssetsGrp/BOYAmt01293047
IRS990/TotalAssetsGrp/EOYAmt01238826
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092662
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0238657
IRS990/TotalFunctionalExpensesGrp/TotalAmt0331319
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01185137
IRS990/TotalLiabilitiesEOYAmt01142023
IRS990/TotalLiabilitiesGrp/BOYAmt01185137
IRS990/TotalLiabilitiesGrp/EOYAmt01142023
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0107910
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt096803
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0238657
IRS990/TotalProgramServiceRevenueAmt0310100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0162
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0320050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0320212
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01293047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01238826
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0107910
IRS990/UnrestrictedNetAssetsGrp/EOYAmt096803
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings