Civic Intelligence

Friendship Manor Housing Corp

EIN 42-1115240 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Wellsburg, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

96th percentile

1.14x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

1.96x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

47th percentile

0.1%

Higher net margin than 47% 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

39th percentile

-7.4%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

60th percentile

4.7%

Faster revenue growth than 60% of similar nonprofits.

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

Assets

Down

$176,130

Down $14,069 (-7.4%) from 2023

Liabilities

Down

$200,380

Down $14,143 (-6.6%) from 2023

Net Assets

Up

-$24,250

Up $74 (+0.3%) from 2023

Revenue

Up

$102,139

Up $4,557 (+4.7%) from 2023

Expenses

Up

$102,065

Up $534 (+0.5%) from 2023

Net Income

Up

$74

Up $4,023 (+102%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2011: $247,737Liabilities 2011: $228,0622011Assets 2012: $240,727Liabilities 2012: $223,8112012Assets 2013: $243,862Liabilities 2013: $217,7182013Assets 2014: $242,644Liabilities 2014: $209,7432014Assets 2015: $236,163Liabilities 2015: $202,8862015Assets 2016: $230,091Liabilities 2016: $195,3942016Assets 2017: $221,684Liabilities 2017: $187,9202017Assets 2018: $197,884Liabilities 2018: $178,4512018Assets 2019: $227,575Liabilities 2019: $231,2062019Assets 2020: $215,414Liabilities 2020: $227,859Net Assets 2020: -$12,4452020Assets 2021: $201,842Liabilities 2021: $222,313Net Assets 2021: -$20,4712021Assets 2022: $198,986Liabilities 2022: $219,361Net Assets 2022: -$20,3752022Assets 2023: $190,199Liabilities 2023: $214,523Net Assets 2023: -$24,3242023Assets 2024: $176,130Liabilities 2024: $200,380Net Assets 2024: -$24,2502024

Highlighted filing

2024

Assets$176,130
Liabilities$200,380
Net Assets-$24,250

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $63,874Expenses 2011: $61,076Net Income 2011: $2,7982011Revenue 2012: $63,159Expenses 2012: $65,918Net Income 2012: -$2,7592012Revenue 2013: $75,601Expenses 2013: $66,373Net Income 2013: $9,2282013Revenue 2014: $76,040Expenses 2014: $69,283Net Income 2014: $6,7572014Revenue 2015: $71,577Expenses 2015: $71,201Net Income 2015: $3762015Revenue 2016: $76,632Expenses 2016: $75,212Net Income 2016: $1,4202016Revenue 2017: $76,193Expenses 2017: $77,126Net Income 2017: -$9332017Revenue 2018: $69,549Expenses 2018: $83,880Net Income 2018: -$14,3312018Revenue 2019: $66,275Expenses 2019: $89,339Net Income 2019: -$23,0642019Revenue 2020: $82,236Expenses 2020: $91,050Net Income 2020: -$8,8142020Revenue 2021: $81,700Expenses 2021: $89,726Net Income 2021: -$8,0262021Revenue 2022: $91,143Expenses 2022: $91,047Net Income 2022: $962022Revenue 2023: $97,582Expenses 2023: $101,531Net Income 2023: -$3,9492023Revenue 2024: $102,139Expenses 2024: $102,065Net Income 2024: $742024

Highlighted filing

2024

Revenue$102,139
Expenses$102,065
Net Income$74

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$2.00$0.24$1.02$1.02$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.90$2.15$0.24$0.98$1.02$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.99$2.19$0.20$0.91$0.91$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.02$2.22$0.20$0.82$0.90$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.15$2.28$0.12$0.82$0.91$0.09
2019Summary only. Only limited summary data is available for this year.$2.28$2.31$0.66$0.89$0.23
2018Summary only. Only limited summary data is available for this year.$1.98$1.78$0.70$0.84$0.14
2017Summary only. Only limited summary data is available for this year.$2.22$1.88$0.76$0.77$0.01
2016Summary only. Only limited summary data is available for this year.$2.30$1.95$0.77$0.75$0.01
2015Summary only. Only limited summary data is available for this year.$2.36$2.03$0.72$0.71$0.00
2014Summary only. Only limited summary data is available for this year.$2.43$2.10$0.76$0.69$0.07
2013Summary only. Only limited summary data is available for this year.$2.44$2.18$0.76$0.66$0.09
2012Summary only. Only limited summary data is available for this year.$2.41$2.24$0.63$0.66$0.03
2011Summary only. Only limited summary data is available for this year.$2.48$2.28$0.64$0.61$0.03
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
$102,139
Mission and Program Overview

Mission

To provide low rent housing in Wellsburg, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families in the Wellsburg community.$0$102,065
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald RiekenPresident-$0--
Bob ValentineVice President-$0--
Donna BlytheSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Friendship Manor Housing Corp
EIN
42-1115240
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Ronald Rieken
Title
President
Phone
3194044751
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 $2433 and Tenant Charges $344

Form 990-EZ, Part I, Line 16

Depreciation $16974 and Interest $3667

Form 990-EZ, Part II, Line 26

Mortgage Balance $192956 and Security Deposits $7424

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
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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/BOYAmt026288
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025857
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/GamingGrossIncomeAmt00
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IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ronald Rieken
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Bob Valentine
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Donna Blythe
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020641
IRS990EZ/OtherRevenueTotalAmt02777
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Wellsburg, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt099352
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families in the Wellsburg community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0102065
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt0102065
IRS990EZ/TotalRevenueAmt0102139
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $2433 and Tenant Charges $344
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $192956 and Security Deposits $7424
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03194044751
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-26
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ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0421115240
ReturnHeader/Filer/PhoneNum05152952927
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-26T13:26:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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