Civic Intelligence

Gladbrook Housing Incorporated

EIN 42-1059155 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Gladbrook, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.07x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

51st percentile

1.7%

Higher net margin than 51% 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

56th percentile

0.9%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

63rd percentile

6.1%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$208,594

Up $1,805 (+0.9%) from 2023

Liabilities

Up

$7,398

Up $61 (+0.8%) from 2023

Net Assets

Up

$201,196

Up $1,744 (+0.9%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin51st percentile

Revenue

Up

$100,725

Up $5,822 (+6.1%) from 2023

Expenses

Up

$98,981

Up $12,795 (+15%) from 2023

Net Income

Down

$1,744

Down $6,973 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$300K$200K$100K$0Assets 2011: $253,141Liabilities 2011: $153,2912011Assets 2012: $241,062Liabilities 2012: $138,4512012Assets 2013: $237,828Liabilities 2013: $125,9782013Assets 2014: $234,242Liabilities 2014: $109,6572014Assets 2015: $227,955Liabilities 2015: $91,3392015Assets 2016: $228,222Liabilities 2016: $74,6602016Assets 2017: $222,593Liabilities 2017: $55,0532017Assets 2018: $198,242Liabilities 2018: $36,7182018Assets 2019: $191,537Liabilities 2019: $21,1022019Assets 2020: $185,959Liabilities 2020: $7,995Net Assets 2020: $177,9642020Assets 2021: $196,906Liabilities 2021: $7,621Net Assets 2021: $189,2852021Assets 2022: $196,407Liabilities 2022: $5,672Net Assets 2022: $190,7352022Assets 2023: $206,789Liabilities 2023: $7,337Net Assets 2023: $199,4522023Assets 2024: $208,594Liabilities 2024: $7,398Net Assets 2024: $201,1962024

Highlighted filing

2024

Assets$208,594
Liabilities$7,398
Net Assets$201,196
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $75,151Expenses 2011: $69,113Net Income 2011: $6,0382011Revenue 2012: $84,822Expenses 2012: $82,061Net Income 2012: $2,7612012Revenue 2013: $76,472Expenses 2013: $67,233Net Income 2013: $9,2392013Revenue 2014: $83,415Expenses 2014: $70,680Net Income 2014: $12,7352014Revenue 2015: $76,015Expenses 2015: $63,984Net Income 2015: $12,0312015Revenue 2016: $90,732Expenses 2016: $73,786Net Income 2016: $16,9462016Revenue 2017: $83,893Expenses 2017: $69,915Net Income 2017: $13,9782017Revenue 2018: $73,693Expenses 2018: $79,709Net Income 2018: -$6,0162018Revenue 2019: $83,203Expenses 2019: $74,292Net Income 2019: $8,9112019Revenue 2020: $82,042Expenses 2020: $74,513Net Income 2020: $7,5292020Revenue 2021: $92,946Expenses 2021: $81,625Net Income 2021: $11,3212021Revenue 2022: $83,188Expenses 2022: $81,738Net Income 2022: $1,4502022Revenue 2023: $94,903Expenses 2023: $86,186Net Income 2023: $8,7172023Revenue 2024: $100,725Expenses 2024: $98,981Net Income 2024: $1,7442024

Highlighted filing

2024

Revenue$100,725
Expenses$98,981
Net Income$1,744
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$208,594
Liabilities
$7,398
Net assets
$201,196
Revenue
$100,725
Expenses
$98,981
Net income
$1,744
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.09$0.07$2.01$1.01$0.99$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.07$1.99$0.95$0.86$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.06$1.91$0.83$0.82$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.08$1.89$0.93$0.82$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.08$1.78$0.82$0.75$0.08
2019Summary only. Only limited summary data is available for this year.$1.92$0.21$0.83$0.74$0.09
2018Summary only. Only limited summary data is available for this year.$1.98$0.37$0.74$0.80$0.06
2017Summary only. Only limited summary data is available for this year.$2.23$0.55$0.84$0.70$0.14
2016Summary only. Only limited summary data is available for this year.$2.28$0.75$0.91$0.74$0.17
2015Summary only. Only limited summary data is available for this year.$2.28$0.91$0.76$0.64$0.12
2014Summary only. Only limited summary data is available for this year.$2.34$1.10$0.83$0.71$0.13
2013Summary only. Only limited summary data is available for this year.$2.38$1.26$0.76$0.67$0.09
2012Summary only. Only limited summary data is available for this year.$2.41$1.38$0.85$0.82$0.03
2011Summary only. Only limited summary data is available for this year.$2.53$1.53$0.75$0.69$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 26, 2025
Return Version
2024v5.0
Gross Receipts
$100,725
Mission and Program Overview

Mission

To provide low rent housing in Gladbrook, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families in the Gladbrook community.$0$98,981
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan WegnerPresident-$0--
Dave SchmitzVice President-$0--
Jackie StephensonSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Gladbrook Housing Incorporated
EIN
42-1059155
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Susan Wegner
Title
President
Phone
6417501517
Signed
2025-04-26
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 $3320 and Tenant Charges $390”

Form 990-EZ, Part I, Line 16

“Depreciation $25912”

Form 990-EZ, Part II, Line 26

“Security Deposits $7398”

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/BOYAmt079345
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041467
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01744
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08000
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0206789
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0208594
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0100725
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt010
IRS990EZ/LandAndBuildingsGrp/BOYAmt0127444
IRS990EZ/LandAndBuildingsGrp/EOYAmt0167127
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0199452
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0201196
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0199452
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0201196
IRS990EZ/OccupancyRentUtltsAndMaintAmt055469
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/PersonNm0Susan Wegner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Dave Schmitz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jackie Stephenson
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/OtherExpensesTotalAmt025912
IRS990EZ/OtherRevenueTotalAmt03710
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Gladbrook, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt097005
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families in the Gladbrook community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt098981
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt09600
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07337
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07398
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt098981
IRS990EZ/TotalProgramServiceExpensesAmt098981
IRS990EZ/TotalRevenueAmt0100725
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $3320 and Tenant Charges $390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $25912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Security Deposits $7398
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/PersonNm0Susan Wegner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06417501517
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLADBROOK HOUSING INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0421059155
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/PreparationDt02025-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-26T13:38:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.