Civic Intelligence

New Life Estates Ltd

EIN 42-1135285 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Forest City, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

88th percentile

0.33x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.51x

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

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

Net Margin

60th percentile

6.8%

Higher net margin than 60% 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

53rd percentile

-0.2%

Faster asset growth than 53% of similar nonprofits.

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

Revenue Growth

50th percentile

-1.3%

Faster revenue growth than 50% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$123,940

Down $199 (-0.2%) from 2023

Liabilities

Down

$40,978

Down $5,671 (-12%) from 2023

Net Assets

$82,962

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue91st percentileNet Margin60th percentile

Revenue

Down

$80,582

Down $1,096 (-1.3%) from 2023

Expenses

Down

$75,110

Down $5,349 (-6.6%) from 2023

Net Income

Up

$5,472

Up $4,253 (+349%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth53rd percentile

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

$200K$150K$100K$50K$0Assets 2011: $154,557Liabilities 2011: $111,6452011Assets 2012: $163,304Liabilities 2012: $106,9822012Assets 2013: $168,315Liabilities 2013: $101,8272013Assets 2014: $173,055Liabilities 2014: $97,2592014Assets 2015: $174,383Liabilities 2015: $91,2652015Assets 2016: $177,513Liabilities 2016: $85,0792016Assets 2017: $177,901Liabilities 2017: $79,8642017Assets 2018: $162,481Liabilities 2018: $73,9502018Assets 2019: $156,038Liabilities 2019: $68,4442019Assets 2020: $142,691Liabilities 2020: $64,022Net Assets 2020: $78,6692020Assets 2021: $133,807Liabilities 2021: $58,717Net Assets 2021: $75,0902021Assets 2022: $130,278Liabilities 2022: $54,007Net Assets 2022: $76,2712022Assets 2023: $124,139Liabilities 2023: $46,6492023Assets 2024: $123,940Liabilities 2024: $40,978Net Assets 2024: $82,9622024

Highlighted filing

2024

Assets$123,940
Liabilities$40,978
Net Assets$82,962
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$100K$50K$0-$50KRevenue 2011: $43,430Expenses 2011: $47,338Net Income 2011: -$3,9082011Revenue 2012: $56,446Expenses 2012: $43,036Net Income 2012: $13,4102012Revenue 2013: $53,378Expenses 2013: $43,212Net Income 2013: $10,1662013Revenue 2014: $53,665Expenses 2014: $44,357Net Income 2014: $9,3082014Revenue 2015: $60,989Expenses 2015: $53,667Net Income 2015: $7,3222015Revenue 2016: $55,403Expenses 2016: $46,087Net Income 2016: $9,3162016Revenue 2017: $55,241Expenses 2017: $49,638Net Income 2017: $5,6032017Revenue 2018: $53,087Expenses 2018: $62,593Net Income 2018: -$9,5062018Revenue 2019: $59,888Expenses 2019: $60,825Net Income 2019: -$9372019Revenue 2020: $54,516Expenses 2020: $63,441Net Income 2020: -$8,9252020Revenue 2021: $57,836Expenses 2021: $61,415Net Income 2021: -$3,5792021Revenue 2022: $70,769Expenses 2022: $69,588Net Income 2022: $1,1812022Revenue 2023: $81,678Expenses 2023: $80,459Net Income 2023: $1,2192023Revenue 2024: $80,582Expenses 2024: $75,110Net Income 2024: $5,4722024

Highlighted filing

2024

Revenue$80,582
Expenses$75,110
Net Income$5,472
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$123,940
Liabilities
$40,978
Net assets
$82,962
Revenue
$80,582
Expenses
$75,110
Net income
$5,472
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.41$0.83$0.81$0.75$0.05
2023Summary only. Only limited summary data is available for this year.$1.24$0.47$0.82$0.80$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.54$0.76$0.71$0.70$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.59$0.75$0.58$0.61$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.64$0.79$0.55$0.63$0.09
2019Summary only. Only limited summary data is available for this year.$1.56$0.68$0.60$0.61$0.01
2018Summary only. Only limited summary data is available for this year.$1.62$0.74$0.53$0.63$0.10
2017Summary only. Only limited summary data is available for this year.$1.78$0.80$0.55$0.50$0.06
2016Summary only. Only limited summary data is available for this year.$1.78$0.85$0.55$0.46$0.09
2015Summary only. Only limited summary data is available for this year.$1.74$0.91$0.61$0.54$0.07
2014Summary only. Only limited summary data is available for this year.$1.73$0.97$0.54$0.44$0.09
2013Summary only. Only limited summary data is available for this year.$1.68$1.02$0.53$0.43$0.10
2012Summary only. Only limited summary data is available for this year.$1.63$1.07$0.56$0.43$0.13
2011Summary only. Only limited summary data is available for this year.$1.55$1.12$0.43$0.47$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.0
Gross Receipts
$80,582
Mission and Program Overview

Mission

To provide low rent housing in Forest City, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 12 families to find safe and affordable housing in Forest City.$0$75,110
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth BilyeuPresident-$0--
Kathy RohlfsenVice President-$0--
Linsey CurrentSecretary/Treasurer-$0--
Steve BakkeDirector-$0--
Scott WilsonDirector-$0--
Eric GuthDirector-$0--
Holly BrinkDirector-$0--
Filing and Contact Details

Filer

Filer Name
New Life Estates Ltd
EIN
42-1135285
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Beth Bilyeu
Title
President
Phone
6415903423
Signed
2025-04-28
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 $1482”

Form 990-EZ, Part I, Line 16

“Depreciation $14446 and Interest $7251”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $33894, Security Deposits $5443, and Deferred Principal & Interest $1641”

Raw XML Appendix156 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/BOYAmt011890
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024529
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt05472
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09548
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0124139
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0123940
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt080582
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0112249
IRS990EZ/LandAndBuildingsGrp/EOYAmt099411
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077490
IRS990EZ/NetAssetsOrFundBalancesEOYAmt082962
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077490
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt082962
IRS990EZ/OccupancyRentUtltsAndMaintAmt040977
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Beth Bilyeu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathy Rohlfsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Linsey Current
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Steve Bakke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Scott Wilson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Eric Guth
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Holly Brink
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt021697
IRS990EZ/OtherRevenueTotalAmt01482
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Forest City, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt079100
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 12 families to find safe and affordable housing in Forest City.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075110
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt02888
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt046649
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt040978
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt075110
IRS990EZ/TotalProgramServiceExpensesAmt075110
IRS990EZ/TotalRevenueAmt080582
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $1482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $14446 and Interest $7251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $33894, Security Deposits $5443, and Deferred Principal & Interest $1641
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/PersonNm0Beth Bilyeu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06415903423
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LIFE ESTATES LTD
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0421135285
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/PreparationDt02025-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-28T13:58:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits