Civic Intelligence

Local 46 Cedar River Housing Corp

EIN 42-1177040 • 501(c)4 • Waterloo, IA

Profile

Providing subsidized housing to elderly

106 E Third StreetWaterloo, IA 50703
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

276%

Faster revenue growth than 97% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $1,828,151 (-100%) from 2016

Liabilities

Down

$0

Down $2,233,171 (-100%) from 2016

Net Assets

Up

$0

Up $405,020 (+100%) from 2016

Revenue

Up

$2,741,232

Up $2,011,519 (+276%) from 2016

Expenses

Down

$182,869

Down $459,220 (-72%) from 2016

Net Income

Up

$2,558,363

Up $2,470,739 (+2820%) from 2016

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,026,500Liabilities 2011: $2,874,612Net Assets 2011: -$848,1122011Assets 2012: $2,012,414Liabilities 2012: $2,766,420Net Assets 2012: -$754,0062012Assets 2013: $1,941,937Liabilities 2013: $2,652,644Net Assets 2013: -$710,7072013Assets 2014: $1,899,615Liabilities 2014: $2,529,927Net Assets 2014: -$630,3122014Assets 2015: $1,892,977Liabilities 2015: $2,385,621Net Assets 2015: -$492,6442015Assets 2016: $1,828,151Liabilities 2016: $2,233,171Net Assets 2016: -$405,0202016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2011: $631,1492011Revenue 2012: $710,202Expenses 2012: $616,096Net Income 2012: $94,1062012Expenses 2013: $643,0252013Revenue 2014: $720,510Expenses 2014: $640,115Net Income 2014: $80,3952014Revenue 2015: $755,362Expenses 2015: $617,694Net Income 2015: $137,6682015Revenue 2016: $729,713Expenses 2016: $642,089Net Income 2016: $87,6242016Revenue 2017: $2,741,232Expenses 2017: $182,869Net Income 2017: $2,558,3632017

Highlighted filing

2017

Revenue$2,741,232
Expenses$182,869
Net Income$2,558,363

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Dec 18, 2017
Return Version
2016v3.0
Gross Receipts
$4,876,890
Mission and Program Overview

Mission

Providing subsidized housing to elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,464,289--
Savings and Temporary Cash Investments$42,547--
Prepaid Expenses and Deferred Charges$7,993--
Cash and Non-Interest-Bearing Accounts$100--
Rtn Earn Endowment Incm Other Fnds$-405,020--
Total Assets$1,828,151$0▼ $1,828,151
Other Assets Total$313,222--
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,190,777--
Other Liabilities$25,412--
Accounts Payable and Accrued Expenses$15,314--
Deferred Revenue$1,668--
Total Liabilities$2,233,171$0▼ $2,233,171
Net Assets / Fund Balance
Total Net Assets Fund Balance$-405,020$0▲ $405,020
Total Liabilities and Net Assets / Fund Balance$1,828,151$0▼ $1,828,151
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott NoydPresident
Betty SeatonBoard Member
Jerry MesserBoard Member
Michael DietzBoard Member
Mike JohnsonBoard Member
Bob WatersRecording Se
Colleen KacherTreasurer
Sam StokesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,872
Investment Income
$2,514,360
Other Revenue
$0
Change in Net Assets
$2,558,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,741,232
Total Revenue per Audited Statements
$2,741,232
Total Revenue per Form 990
$2,741,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$140,028
Salaries, Compensation, and Employee Benefits$42,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$50,042--$50,042
Other Salaries and Wages$39,736--$39,736
Interest$29,439--$29,439
Other Expenses$25,654--$25,654
Fees for Services Management$14,188--$14,188
Insurance$9,732--$9,732
Fees for Services Accounting$8,250--$8,250
Payroll Taxes$3,105--$3,105
Advertising$2,723--$2,723
Total Functional Expenses$182,869$0$0$182,869

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$182,869
Total Expenses per Audited Statements$182,869
Total Expenses per Form 990$182,869
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Property is managed by crv associates, inc.

Form 990, Page 6, Part VI, Line 11B

Form is reviewed by officer prior to signature

Form 990, Page 6, Part VI, Line 12C

All contracts are reviewed by board

Form 990, Page 6, Part VI, Line 15A

Compensation of manager is determined by contract with hud.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Local 46 Cedar River Housing Corp
EIN
42-1177040
Phone
3192340652
Address
106 E THIRD STREET, WATERLOO, IA 50703

Signing Officer

Name
Scott Noyd
Title
President
Phone
3192340652
Signed
2017-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Noyd
Formed
1982
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
4

Preparer

Firm
Moorhead Patterson & Company Pc
Address
3910 LILLIE AVE, DAVENPORT, IA 52806-4401
Preparer
Donald L Moorhead CPA
Phone
5633884744
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT NOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03192340652
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 46 CEDAR RIVER HOUSING CORP
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0421177040
ReturnHeader/Filer/PhoneNum03192340652
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 E THIRD STREET
ReturnHeader/Filer/USAddress/CityNm0WATERLOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BCD964779B2DA7C72FEEEA5A4BA17AF864F14518
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BCD964779B2DA7C72FEEEA5A4BA17AF864F14518
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421092253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOORHEAD PATTERSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03910 LILLIE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DAVENPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0528064401
ReturnHeader/PreparerPersonGrp/PhoneNum05633884744
ReturnHeader/PreparerPersonGrp/PreparationDt02017-12-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD L MOORHEAD CPA
ReturnHeader/ReturnTs02017-12-21T09:18:41-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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