Civic Intelligence

Colony Housing Authority of Lamoni Iowa

990 • Fiscal year 2018 • EIN 42-1119027

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 22, 2019

200 Crown ColonyLamoni, IA 50140

(641) 784-7777

Siviq Scores

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

Liabilities / Assets

84th percentile

0.45x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.15x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

46th percentile

2.0%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

30th percentile

-3.9%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

8.8%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$826,655

Down $33,754 (-3.9%) from 2017

Net Assets

Up

$451,661

Up $6,465 (+1.5%) from 2017

Liabilities

Down

$374,994

Down $40,219 (-9.7%) from 2017

Revenue

Up

$326,794

Up $26,541 (+8.8%) from 2017

Expenses

Up

$320,329

Up $1,165 (+0.4%) from 2017

Net Income

Up

$6,465

Up $25,376 (+134%) 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: $1,151,453Liabilities 2011: $634,033Net Assets 2011: $517,4202011Assets 2012: $1,106,940Liabilities 2012: $600,561Net Assets 2012: $506,3792012Assets 2013: $1,048,201Liabilities 2013: $559,751Net Assets 2013: $488,4502013Assets 2014: $997,059Liabilities 2014: $529,839Net Assets 2014: $467,2202014Assets 2015: $958,578Liabilities 2015: $488,089Net Assets 2015: $470,4892015Assets 2016: $911,613Liabilities 2016: $447,506Net Assets 2016: $464,1072016Assets 2017: $860,409Liabilities 2017: $415,213Net Assets 2017: $445,1962017Assets 2018: $826,655Liabilities 2018: $374,994Net Assets 2018: $451,6612018Assets 2019: $789,569Liabilities 2019: $336,246Net Assets 2019: $453,3232019Assets 2020: $770,075Liabilities 2020: $303,123Net Assets 2020: $466,9522020Assets 2021: $745,751Liabilities 2021: $257,095Net Assets 2021: $488,6562021Assets 2022: $703,620Liabilities 2022: $194,064Net Assets 2022: $509,5562022Assets 2023: $668,958Liabilities 2023: $154,412Net Assets 2023: $514,5462023Assets 2024: $618,600Liabilities 2024: $118,598Net Assets 2024: $500,0022024

Highlighted filing

2018

Assets$826,655
Liabilities$374,994
Net Assets$451,661

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $475,815Expenses 2011: $292,566Net Income 2011: $183,2492011Revenue 2012: $288,215Expenses 2012: $299,256Net Income 2012: -$11,0412012Revenue 2013: $290,671Expenses 2013: $308,600Net Income 2013: -$17,9292013Revenue 2014: $296,740Expenses 2014: $317,970Net Income 2014: -$21,2302014Revenue 2015: $307,254Expenses 2015: $303,985Net Income 2015: $3,2692015Revenue 2016: $324,592Expenses 2016: $330,974Net Income 2016: -$6,3822016Revenue 2017: $300,253Expenses 2017: $319,164Net Income 2017: -$18,9112017Revenue 2018: $326,794Expenses 2018: $320,329Net Income 2018: $6,4652018Revenue 2019: $330,676Expenses 2019: $329,014Net Income 2019: $1,6622019Revenue 2020: $334,014Expenses 2020: $320,385Net Income 2020: $13,6292020Revenue 2021: $344,263Expenses 2021: $322,559Net Income 2021: $21,7042021Revenue 2022: $331,784Expenses 2022: $350,391Net Income 2022: -$18,6072022Revenue 2023: $339,929Expenses 2023: $334,939Net Income 2023: $4,9902023Revenue 2024: $350,239Expenses 2024: $364,783Net Income 2024: -$14,5442024

Highlighted filing

2018

Revenue$326,794
Expenses$320,329
Net Income$6,465
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 22, 2019
Return Version
2018v3.1
Gross Receipts
$326,794
Mission and Program Overview

Mission

Provide affordable housing for elderly and disabled persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$760,384$713,532▼ $46,852
Cash and Non-Interest-Bearing Accounts$27,175$45,116▲ $17,941
Savings and Temporary Cash Investments$39,262$43,092▲ $3,830
Prepaid Expenses and Deferred Charges$17,193$13,858▼ $3,335
Other Notes and Loans Receivable, Net$15,670$10,332▼ $5,338
Accounts Receivable$725$725→ $0
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$860,409$826,655▼ $33,754
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$350,805$314,295▼ $36,510
Accounts Payable and Accrued Expenses$64,408$60,699▼ $3,709
Total Liabilities$415,213$374,994▼ $40,219
Net Assets / Fund Balance
Unrestricted Net Assets$445,196$451,661▲ $6,465
Total Net Assets Fund Balance$445,196$451,661▲ $6,465
Total Liabilities and Net Assets / Fund Balance$860,409$826,655▼ $33,754

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$606,483$1,418,924$2,025,407
Other Land Buildings$45,570$252,530$298,100
Land$61,479-$61,479
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia Magle JonesPresident
Lorrie LongVice President
Amy ShermanDirector
Anne StousDirector
Celeste JonesDirector
Jim FisherDirector
Larry BrunerDirector
Linda McguireDirector
Max PittDirector
Ondrea DoryDirector
Jen RowlandSecretary
Garnet CoulthardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$315,197
Investment Income
$1,152
Other Revenue
$10,445
Change in Net Assets
$6,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$326,794
Total Revenue per Audited Statements
$326,794
Total Revenue per Form 990
$326,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,058
Salaries, Compensation, and Employee Benefits$95,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,368--$81,368
Depreciation Depletion$65,819--$65,819
Insurance$22,834--$22,834
Fees for Services Accounting$13,700--$13,700
Other Employee Benefits$7,055--$7,055
Interest$6,942--$6,942
Payroll Taxes$6,848--$6,848
Other Expenses$5,507--$5,507
Office Expenses$2,219--$2,219
All Other Expenses$2,207--$2,207
Advertising$1,334--$1,334
Total Functional Expenses$320,329$0$0$320,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$320,329
Total Expenses per Audited Statements$320,329
Total Expenses per Form 990$320,329
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Persons interested in the mission of the organization become members by payment of a one time membership fee of $25

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft of form 990 is provided to board members for their review prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies and financial information are made available to the general public upon request

Filing and Contact Details

Filer

Filer Name
Colony Housing Authority
EIN
42-1119027
Phone
6417847777
Address
200 CROWN COLONY, LAMONI, IA 50140

Signing Officer

Name
Patricia Magle Jones
Title
President
Signed
2019-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Magle Jones
Formed
1976
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
40

Preparer

Firm
Shull Schrum Mcclaflin & Co Inc
Address
1111 N Jefferson, Indianola, IA 50125
Preparer
Arlen D Schrum
Phone
5159612571
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0455
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02219
IRS990/OfficeExpensesGrp/TotalAmt02219
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07055
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07055
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt046859
IRS990/OtherExpensesGrp/ProgramServicesAmt135920
IRS990/OtherExpensesGrp/ProgramServicesAmt221717
IRS990/OtherExpensesGrp/ProgramServicesAmt35507
IRS990/OtherExpensesGrp/TotalAmt046859
IRS990/OtherExpensesGrp/TotalAmt135920
IRS990/OtherExpensesGrp/TotalAmt221717
IRS990/OtherExpensesGrp/TotalAmt35507
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08900
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11545
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08900
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11545
IRS990/OtherRevenueTotalAmt010445
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081368
IRS990/OtherSalariesAndWagesGrp/TotalAmt081368
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015670
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010332
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06848
IRS990/PayrollTaxesGrp/TotalAmt06848
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017193
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013858
IRS990/PrincipalOfficerNm0PATRICIA MAGLE JONES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0315197
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0315197
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0990
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0225760
IRS990/PYOtherRevenueAmt09023
IRS990/PYProgramServiceRevenueAmt0290240
IRS990/PYRevenuesLessExpensesAmt0-18911
IRS990/PYSalariesCompEmpBnftPaidAmt093404
IRS990/PYTotalExpensesAmt0319164
IRS990/PYTotalRevenueAmt0300253
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06465
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0315197
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043092
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt025
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01364
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01525
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01873
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06904
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0325642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0299263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0323228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0305704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0294867
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01548704
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01364
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01873
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06904
IRS990ScheduleA/InvestmentIncomeCYPct00.00440
IRS990ScheduleA/InvestmentIncomePYPct00.00520
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99560
IRS990ScheduleA/PublicSupportPY509Pct00.99480
IRS990ScheduleA/PublicSupportTotal509Amt01548729
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0325642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0299263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0323228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0305729
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0294867
IRS990ScheduleA/Total509Grp/TotalAmt01548729
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0326794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0300253
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0324592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0307254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0296740
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01555633
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0606483
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01418924
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02025407
IRS990ScheduleD/ExpensesSubtotalAmt0320329
IRS990ScheduleD/LandGrp/BookValueAmt061479
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt061479
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt045570
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0252530
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0298100

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.12$0.50$0.35$0.36$0.01
2023Summary only. Only limited summary data is available for this year.$0.67$0.15$0.51$0.34$0.33$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.19$0.51$0.33$0.35$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.26$0.49$0.34$0.32$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.30$0.47$0.33$0.32$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.34$0.45$0.33$0.33$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.37$0.45$0.33$0.32$0.01
2017Summary only. Only limited summary data is available for this year.$0.86$0.42$0.45$0.30$0.32$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.45$0.46$0.32$0.33$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.49$0.47$0.31$0.30$0.00
2014Summary only. Only limited summary data is available for this year.$1.00$0.53$0.47$0.30$0.32$0.02
2013Summary only. Only limited summary data is available for this year.$1.05$0.56$0.49$0.29$0.31$0.02
2012Summary only. Only limited summary data is available for this year.$1.11$0.60$0.51$0.29$0.30$0.01
2011Summary only. Only limited summary data is available for this year.$1.15$0.63$0.52$0.48$0.29$0.18