Civic Intelligence

Riverside Elderly Development Corp

EIN 42-1054221 • 501(c)4 • West Liberty, IA

Profile

The organization provides 30 apartments to low to moderate income elderly and disabled individuals on a sliding fee scale.

PO Box 123West Liberty, IA 52776

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.21x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

69th percentile

13%

Higher net margin than 69% 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

17th percentile

-47%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$255,953

Down $36,872 (-13%) from 2022

Liabilities

Down

$172,019

Down $28,836 (-14%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue82nd percentileNet Margin69th percentile

Revenue

Up

$163,833

Up $13,272 (+8.8%) from 2022

Expenses

Up

$171,869

Up $13,803 (+8.7%) from 2022

Net Income

Down

-$8,036

Down $531 (-7.1%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$600K$400K$200K$0Assets 2011: $349,241Liabilities 2011: $283,302Net Assets 2011: $65,9392011Assets 2012: $476,006Liabilities 2012: $372,4982012Assets 2013: $476,471Liabilities 2013: $394,851Net Assets 2013: $81,6202013Assets 2014: $428,743Liabilities 2014: $379,056Net Assets 2014: $49,6872014Assets 2015: $401,649Liabilities 2015: $361,3472015Assets 2016: $364,120Liabilities 2016: $342,5812016Assets 2017: $373,719Liabilities 2017: $333,0282017Assets 2018: $359,894Liabilities 2018: $293,9882018Assets 2019: $355,931Liabilities 2019: $281,3392019Assets 2020: $364,767Liabilities 2020: $262,582Net Assets 2020: $102,1852020Assets 2021: $323,161Liabilities 2021: $223,686Net Assets 2021: $99,4752021Assets 2022: $292,825Liabilities 2022: $200,855Net Assets 2022: $91,9702022Assets 2023: $255,953Liabilities 2023: $172,0192023

Highlighted filing

2023

Assets$255,953
Liabilities$172,019
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $237,821Expenses 2011: $247,259Net Income 2011: -$9,4382011Revenue 2012: $143,550Expenses 2012: $141,276Net Income 2012: $2,2742012Revenue 2013: $146,504Expenses 2013: $168,392Net Income 2013: -$21,8882013Revenue 2014: $139,623Expenses 2014: $171,556Net Income 2014: -$31,9332014Revenue 2015: $147,623Expenses 2015: $157,008Net Income 2015: -$9,3852015Revenue 2016: $141,172Expenses 2016: $159,935Net Income 2016: -$18,7632016Revenue 2017: $139,563Expenses 2017: $139,103Net Income 2017: $4602017Revenue 2018: $90,732Expenses 2018: $112,665Net Income 2018: -$21,9332018Revenue 2019: $145,171Expenses 2019: $136,485Net Income 2019: $8,6862019Revenue 2020: $142,931Expenses 2020: $115,338Net Income 2020: $27,5932020Revenue 2021: $144,230Expenses 2021: $146,940Net Income 2021: -$2,7102021Revenue 2022: $150,561Expenses 2022: $158,066Net Income 2022: -$7,5052022Revenue 2023: $163,833Expenses 2023: $171,869Net Income 2023: -$8,0362023

Highlighted filing

2023

Revenue$163,833
Expenses$171,869
Net Income-$8,036
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$255,953
Liabilities
$172,019
Net assets
-
Revenue
$163,833
Expenses
$171,869
Net income
-$8,036
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.56$1.72$1.64$1.72$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.93$2.01$0.92$1.51$1.58$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.23$2.24$0.99$1.44$1.47$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$2.63$1.02$1.43$1.15$0.28
2019Summary only. Only limited summary data is available for this year.$3.56$2.81$1.45$1.36$0.09
2018Summary only. Only limited summary data is available for this year.$3.60$2.94$0.91$1.13$0.22
2017Summary only. Only limited summary data is available for this year.$3.74$3.33$1.40$1.39$0.00
2016Summary only. Only limited summary data is available for this year.$3.64$3.43$1.41$1.60$0.19
2015Summary only. Only limited summary data is available for this year.$4.02$3.61$1.48$1.57$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.29$3.79$0.50$1.40$1.72$0.32
2013Detailed filing. Detailed filing data is available for this year.$4.76$3.95$0.82$1.47$1.68$0.22
2012Summary only. Only limited summary data is available for this year.$4.76$3.72$1.44$1.41$0.02
2011Summary only. Only limited summary data is available for this year.$3.49$2.83$0.66$2.38$2.47$0.09
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 25, 2023
Return Version
2022v5.0
Gross Receipts
$150,561
Mission and Program Overview

Mission

Provide housing for low to moderate income persons

Program Services

DescriptionGrantsExpenses
Provide housing for low to moderate income persons on sliding fee scale$0$158,066
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcia MusserPresident-$0--
Kelli SchwarzSecretary-$0--
Dale ThompsonTreasurer-$0--
LuAnn WagamonDirector-$0--
John SojkaVice President-$0--
Jeanine ThurstonExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Riverside Elderly Development Corp
EIN
42-1054221
Phone
3196272626
Address
PO Box 123, West Liberty, IA 52776

Signing Officer

Name
Jeanine Thurston
Title
Executive Director
Phone
3196272626
Signed
2023-04-25
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 26

“USDA Rural Development Loan”

Raw XML Appendix138 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/PersonNm0Jeanine Thurston
IRS990EZ/BooksInCareOfDetail/PhoneNum03196272626
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 Gregg Lane
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0West Liberty
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052276
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08009
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09178
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7505
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030094
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0323161
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0292825
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0150561
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt023
IRS990EZ/LandAndBuildingsGrp/BOYAmt0315152
IRS990EZ/LandAndBuildingsGrp/EOYAmt0283647
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt099475
IRS990EZ/NetAssetsOrFundBalancesEOYAmt091970
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt099475
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt091970
IRS990EZ/OccupancyRentUtltsAndMaintAmt0127972
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Marcia Musser
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kelli Schwarz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dale Thompson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LuAnn Wagamon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4John Sojka
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jeanine Thurston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Executive Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Provide housing for low to moderate income persons
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0150538
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide housing for low to moderate income persons on sliding fee scale
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0158066
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0223686
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0200855
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0158066
IRS990EZ/TotalProgramServiceExpensesAmt0158066
IRS990EZ/TotalRevenueAmt0150561
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0USDA Rural Development Loan
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeanine Thurston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03196272626
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERSIDE ELDERLY DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0421054221
ReturnHeader/Filer/PhoneNum03196272626
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 123
ReturnHeader/Filer/USAddress/CityNm0West Liberty
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052776
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-04-25T14:58:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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