Civic Intelligence

Colony Housing Authority of Lamoni Iowa

990 • Fiscal year 2019 • EIN 42-1119027

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 26, 2020

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

83rd percentile

0.43x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

1.02x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

25th percentile

-4.5%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

1.2%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$789,569

Down $37,086 (-4.5%) from 2018

Net Assets

Up

$453,323

Up $1,662 (+0.4%) from 2018

Liabilities

Down

$336,246

Down $38,748 (-10%) from 2018

Revenue

Up

$330,676

Up $3,882 (+1.2%) from 2018

Expenses

Up

$329,014

Up $8,685 (+2.7%) from 2018

Net Income

Down

$1,662

Down $4,803 (-74%) from 2018

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

2019

Assets$789,569
Liabilities$336,246
Net Assets$453,323

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

2019

Revenue$330,676
Expenses$329,014
Net Income$1,662
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 26, 2020
Return Version
2019v5.0
Gross Receipts
$352,564
Mission and Program Overview

Mission

Provide affordable housing for elderly and disabled persons

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$713,532$639,305▼ $74,227
Cash and Non-Interest-Bearing Accounts$45,116$79,978▲ $34,862
Savings and Temporary Cash Investments$43,092$49,203▲ $6,111
Prepaid Expenses and Deferred Charges$13,858$15,637▲ $1,779
Other Notes and Loans Receivable, Net$10,332$4,721▼ $5,611
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$826,655$789,569▼ $37,086
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$314,295$277,441▼ $36,854
Accounts Payable and Accrued Expenses$60,699$58,805▼ $1,894
Total Liabilities$374,994$336,246▼ $38,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$451,661$453,323▲ $1,662
Total Net Assets Fund Balance$451,661$453,323▲ $1,662
Total Liabilities and Net Assets / Fund Balance$826,655$789,569▼ $37,086

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$532,169$1,414,743$1,946,912
Other Land Buildings$45,657$198,894$244,551
Land$61,479-$61,479
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$341,767
Investment Income
$-21,412
Other Revenue
$10,321
Change in Net Assets
$1,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,888
Salaries, Compensation, and Employee Benefits$98,126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$83,809--$83,809
Depreciation Depletion$71,710--$71,710
Insurance$23,449--$23,449
Fees for Services Accounting$13,000--$13,000
Interest$8,123--$8,123
Other Employee Benefits$7,266--$7,266
Payroll Taxes$7,051--$7,051
Other Expenses$5,507--$5,507
All Other Expenses$2,984--$2,984
Office Expenses$2,787--$2,787
Advertising$439--$439
Total Functional Expenses$329,014$0$0$329,014
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
2020-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Magle Jones
Formed
1976
Legal Domicile
Ia
Voting Board Members
11
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/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt043611
IRS990/OtherExpensesGrp/ProgramServicesAmt133175
IRS990/OtherExpensesGrp/ProgramServicesAmt226103
IRS990/OtherExpensesGrp/ProgramServicesAmt35507
IRS990/OtherExpensesGrp/TotalAmt043611
IRS990/OtherExpensesGrp/TotalAmt133175
IRS990/OtherExpensesGrp/TotalAmt226103
IRS990/OtherExpensesGrp/TotalAmt35507
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09348
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1973
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09348
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1973
IRS990/OtherRevenueTotalAmt010321
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt083809
IRS990/OtherSalariesAndWagesGrp/TotalAmt083809
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010332
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04721
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07051
IRS990/PayrollTaxesGrp/TotalAmt07051
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013858
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015637
IRS990/PrincipalOfficerNm0PATRICIA MAGLE JONES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0APARTMENT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0341767
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0341767
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01152
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0225058
IRS990/PYOtherRevenueAmt010445
IRS990/PYProgramServiceRevenueAmt0315197
IRS990/PYRevenuesLessExpensesAmt06465
IRS990/PYSalariesCompEmpBnftPaidAmt095271
IRS990/PYTotalExpensesAmt0320329
IRS990/PYTotalRevenueAmt0326794
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01662
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0341767
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043092
IRS990/SavingsAndTempCashInvstGrp/EOYAmt049203
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt025
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0476
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01364
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01525
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05507
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0352088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0325642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0299263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0323228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0305704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01605925
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0476
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01364
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05507
IRS990ScheduleA/InvestmentIncomeCYPct00.00340
IRS990ScheduleA/InvestmentIncomePYPct00.00440
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99660
IRS990ScheduleA/PublicSupportPY509Pct00.99560
IRS990ScheduleA/PublicSupportTotal509Amt01605950
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0352088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0325642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0299263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0323228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0305729
IRS990ScheduleA/Total509Grp/TotalAmt01605950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0352564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0326794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0300253
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0324592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0307254
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01611457
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0532169
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01414743
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01946912
IRS990ScheduleD/LandGrp/BookValueAmt061479
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt061479
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt045657
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0198894
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0244551
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0639305
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PERSONS INTERESTED IN THE MISSION OF THE ORGANIZATION BECOME MEMBERS BY PAYMENT OF A ONE TIME MEMBERSHIP FEE OF $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false

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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
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.34$0.45$0.33$0.33$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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