Civic Intelligence

Gilmore City Housing Corporation

EIN 42-0992333 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Gilmore City, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

94th percentile

0.82x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

0.27x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

22nd percentile

-20%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

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

Asset Growth

18th percentile

-42%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

71st percentile

13%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$34,405

Down $24,551 (-42%) from 2023

Liabilities

Down

$28,258

Down $3,521 (-11%) from 2023

Net Assets

Down

$6,147

Down $21,030 (-77%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin22nd percentile

Revenue

Up

$104,419

Up $11,722 (+13%) from 2023

Expenses

Down

$125,449

Down $4,910 (-3.8%) from 2023

Net Income

Up

-$21,030

Up $16,632 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$100K$50K$0-$50KAssets 2010: $52,625Liabilities 2010: $73,787Net Assets 2010: -$21,1622010Assets 2011: $48,418Liabilities 2011: $69,746Net Assets 2011: -$21,3282011Assets 2012: $43,204Liabilities 2012: $64,300Net Assets 2012: -$21,0962012Assets 2013: $56,983Liabilities 2013: $50,9062013Assets 2014: $63,833Liabilities 2014: $59,7372014Assets 2015: $66,657Liabilities 2015: $56,7292015Assets 2016: $94,147Liabilities 2016: $53,5252016Assets 2017: $55,804Liabilities 2017: $51,5632017Assets 2018: $52,737Liabilities 2018: $49,2652018Assets 2019: $53,210Liabilities 2019: $46,3502019Assets 2020: $50,160Liabilities 2020: $43,154Net Assets 2020: $7,0062020Assets 2021: $66,438Liabilities 2021: $39,382Net Assets 2021: $27,0562021Assets 2022: $99,908Liabilities 2022: $35,069Net Assets 2022: $64,8392022Assets 2023: $58,956Liabilities 2023: $31,779Net Assets 2023: $27,1772023Assets 2024: $34,405Liabilities 2024: $28,258Net Assets 2024: $6,1472024

Highlighted filing

2024

Assets$34,405
Liabilities$28,258
Net Assets$6,147
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$200K$100K$0-$100KExpenses 2010: $57,8902010Expenses 2011: $55,4122011Expenses 2012: $51,5792012Revenue 2013: $45,687Expenses 2013: $62,476Net Income 2013: -$16,7892013Revenue 2014: $66,588Expenses 2014: $58,569Net Income 2014: $8,0192014Revenue 2015: $70,862Expenses 2015: $65,030Net Income 2015: $5,8322015Revenue 2016: $104,993Expenses 2016: $74,299Net Income 2016: $30,6942016Revenue 2017: $73,214Expenses 2017: $109,595Net Income 2017: -$36,3812017Revenue 2018: $80,537Expenses 2018: $81,306Net Income 2018: -$7692018Revenue 2019: $97,601Expenses 2019: $94,213Net Income 2019: $3,3882019Revenue 2020: $93,817Expenses 2020: $93,671Net Income 2020: $1462020Revenue 2021: $101,123Expenses 2021: $81,073Net Income 2021: $20,0502021Revenue 2022: $165,857Expenses 2022: $128,074Net Income 2022: $37,7832022Revenue 2023: $92,697Expenses 2023: $130,359Net Income 2023: -$37,6622023Revenue 2024: $104,419Expenses 2024: $125,449Net Income 2024: -$21,0302024

Highlighted filing

2024

Revenue$104,419
Expenses$125,449
Net Income-$21,030
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,405
Liabilities
$28,258
Net assets
$6,147
Revenue
$104,419
Expenses
$125,449
Net income
-$21,030
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.28$0.06$1.04$1.25$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.32$0.27$0.93$1.30$0.38
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.35$0.65$1.66$1.28$0.38
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.39$0.27$1.01$0.81$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.43$0.07$0.94$0.94$0.00
2019Summary only. Only limited summary data is available for this year.$0.53$0.46$0.98$0.94$0.03
2018Summary only. Only limited summary data is available for this year.$0.53$0.49$0.81$0.81$0.01
2017Summary only. Only limited summary data is available for this year.$0.56$0.52$0.73$1.10$0.36
2016Summary only. Only limited summary data is available for this year.$0.94$0.54$1.05$0.74$0.31
2015Summary only. Only limited summary data is available for this year.$0.67$0.57$0.71$0.65$0.06
2014Summary only. Only limited summary data is available for this year.$0.64$0.60$0.67$0.59$0.08
2013Summary only. Only limited summary data is available for this year.$0.57$0.51$0.46$0.62$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.64$0.21$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.70$0.21$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.74$0.21$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.0
Gross Receipts
$104,419
Mission and Program Overview

Mission

To provide low rent housing in Gilmore City, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 14 families to find safe and affordable housing in Gilmore City.$0$125,449
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patti CirksPresident-$0--
Melissa UbbenVice President-$0--
Donna HodgellSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Gilmore City Housing Corporation
EIN
42-0992333
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Patti Cirks
Title
President
Phone
5153680103
Signed
2025-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $1944”

Form 990-EZ, Part I, Line 16

“Interest $1529 and Capital Improvements $24909”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $21418 and Security Deposits $6840”

Raw XML Appendix132 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049956
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025405
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-21030
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012332
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt058956
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034405
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0104419
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt09000
IRS990EZ/LandAndBuildingsGrp/EOYAmt09000
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027177
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06147
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027177
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06147
IRS990EZ/OccupancyRentUtltsAndMaintAmt079577
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patti Cirks
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Melissa Ubben
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Donna Hodgell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt026438
IRS990EZ/OtherRevenueTotalAmt01944
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Gilmore City, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0102475
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 14 families to find safe and affordable housing in Gilmore City.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0125449
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt07102
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031779
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028258
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0125449
IRS990EZ/TotalProgramServiceExpensesAmt0125449
IRS990EZ/TotalRevenueAmt0104419
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $1944
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest $1529 and Capital Improvements $24909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $21418 and Security Deposits $6840
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Patti Cirks
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05153680103
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GILMORE CITY HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GILM
ReturnHeader/Filer/EIN0420992333
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-30T17:34:11-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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