Civic Intelligence

Luther Heights Inc C/O Homz Management

990 • Fiscal year 2017 • EIN 42-1389223

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 12, 2018

6515 Grand Teton Plaza Rm/Ste 220Madison, WI 53719-1048

(563) 332-9250

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

9th percentile

-34%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

17th percentile

-5.9%

Faster asset growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

0.8%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,428,493

Down $89,193 (-5.9%) from 2016

Net Assets

Down

$1,395,283

Down $70,906 (-4.8%) from 2016

Liabilities

Down

$33,210

Down $18,287 (-36%) from 2016

Revenue

Up

$209,973

Up $1,665 (+0.8%) from 2016

Expenses

Up

$280,879

Up $8,360 (+3.1%) from 2016

Net Income

Down

-$70,906

Down $6,695 (-10%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,941,030Liabilities 2010: $30,836Net Assets 2010: $1,910,1942010Assets 2011: $1,857,038Liabilities 2011: $54,283Net Assets 2011: $1,802,7552011Assets 2012: $1,771,700Liabilities 2012: $28,824Net Assets 2012: $1,742,8762012Assets 2013: $1,718,306Liabilities 2013: $29,938Net Assets 2013: $1,688,3682013Assets 2014: $1,655,333Liabilities 2014: $42,406Net Assets 2014: $1,612,9272014Assets 2015: $1,577,837Liabilities 2015: $47,437Net Assets 2015: $1,530,4002015Assets 2016: $1,517,686Liabilities 2016: $51,497Net Assets 2016: $1,466,1892016Assets 2017: $1,428,493Liabilities 2017: $33,210Net Assets 2017: $1,395,2832017Assets 2018: $1,383,396Liabilities 2018: $35,781Net Assets 2018: $1,347,6152018Assets 2019: $1,351,651Liabilities 2019: $42,316Net Assets 2019: $1,309,3352019Assets 2020: $1,295,264Liabilities 2020: $42,269Net Assets 2020: $1,252,9952020Assets 2021: $1,242,690Liabilities 2021: $52,012Net Assets 2021: $1,190,6782021Assets 2022: $1,189,758Liabilities 2022: $103,653Net Assets 2022: $1,086,1052022Assets 2023: $1,101,926Liabilities 2023: $52,017Net Assets 2023: $1,049,9092023Assets 2024: $1,101,462Liabilities 2024: $66,698Net Assets 2024: $1,034,7642024

Highlighted filing

2017

Assets$1,428,493
Liabilities$33,210
Net Assets$1,395,283

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $267,4802010Revenue 2011: $206,225Expenses 2011: $313,664Net Income 2011: -$107,4392011Expenses 2012: $265,4022012Revenue 2013: $208,059Expenses 2013: $262,567Net Income 2013: -$54,5082013Revenue 2014: $210,398Expenses 2014: $285,839Net Income 2014: -$75,4412014Revenue 2015: $204,849Expenses 2015: $287,376Net Income 2015: -$82,5272015Revenue 2016: $208,308Expenses 2016: $272,519Net Income 2016: -$64,2112016Revenue 2017: $209,973Expenses 2017: $280,879Net Income 2017: -$70,9062017Revenue 2018: $244,738Expenses 2018: $292,406Net Income 2018: -$47,6682018Revenue 2019: $256,321Expenses 2019: $294,601Net Income 2019: -$38,2802019Revenue 2020: $255,107Expenses 2020: $311,447Net Income 2020: -$56,3402020Revenue 2021: $249,622Expenses 2021: $311,939Net Income 2021: -$62,3172021Revenue 2022: $271,074Expenses 2022: $375,647Net Income 2022: -$104,5732022Revenue 2023: $333,507Expenses 2023: $369,703Net Income 2023: -$36,1962023Revenue 2024: $346,019Expenses 2024: $361,164Net Income 2024: -$15,1452024

Highlighted filing

2017

Revenue$209,973
Expenses$280,879
Net Income-$70,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 12, 2018
Return Version
2017v2.2
Gross Receipts
$209,973
Mission and Program Overview

Mission

To provide affordable housing for low-income senior citizens

Provide affordable housing for low-income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,337,415$1,270,648▼ $66,767
Cash and Non-Interest-Bearing Accounts$22,620$21,426▼ $1,194
Accounts Receivable-$396-
Total Assets$1,517,686$1,428,493▼ $89,193
Other Assets Total$157,651$136,023▼ $21,628
Liabilities
Other Liabilities$39,037$19,999▼ $19,038
Accounts Payable and Accrued Expenses$10,513$11,606▲ $1,093
Deferred Revenue$1,947$1,605▼ $342
Total Liabilities$51,497$33,210▼ $18,287
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,876,200$2,876,200→ $0
Unrestricted Net Assets$-1,410,011$-1,480,917▼ $70,906
Total Net Assets Fund Balance$1,466,189$1,395,283▼ $70,906
Total Liabilities and Net Assets / Fund Balance$1,517,686$1,428,493▼ $89,193

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,226,352$1,662,567$2,888,919
Land$40,696-$40,696
Equipment$3,600$34,611$38,211
Other Assets Org$11,751--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kim WilkinsPresident
Edwin WootenDirector
Gene ZagerDirector
JERRILEA 'JAY' ELDREDGEDirector
Joyce MarinaccioDirector
Ken WellnitzDirector
Kevin KrebsDirector
Nancy BeaderstadtDirector
Ron PetersonDirector
SUSAN 'SUE' JOHNSONDirector
Terry CavettDirector
Tom SchovilleDirector
Ellen HogbinSecretary
John NewmanTreasurer
George BleichVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$209,916
Investment Income
$57
Other Revenue
$0
Change in Net Assets
$-70,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$209,973
Total Revenue per Audited Statements
$209,973
Total Revenue per Form 990
$209,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,430
Salaries, Compensation, and Employee Benefits$60,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$76,494--$76,494
Occupancy$63,815--$63,815
Other Salaries and Wages$23,762$25,687-$49,449
Fees for Services Management-$22,731-$22,731
Fees for Services Accounting-$10,132-$10,132
Other Employee Benefits$2,868$3,100-$5,968
Payroll Taxes$2,418$2,614-$5,032
Office Expenses-$4,120-$4,120
Advertising-$3,461-$3,461
Other Expenses$7,548$1,681-$1,681
All Other Expenses$871$466-$1,337
Fees for Services Legal-$15-$15
Total Functional Expenses$206,872$74,007$0$280,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$280,879
Total Expenses per Audited Statements$280,879
Total Expenses per Form 990$280,879
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$19,625
Recapture of Residual Receipts$374
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegated control over management duties to homz management corporation. The managment company specializes in providing marketing, rental, collections, maintenance and repair, as well as other services for housing projects.

Form 990, Page 6, Part VI, Line 6

A member of the corporation is any qualified congregation that elects to participate in conducting the affairs of the corporation by selecting at least one (1) voting delegate to represent such qualified congregation in conducting the corporation's affairs. Subject to the conditions of these by-laws, a qualified congregation may select its voting delegate(s) to represent the qualified congregation in any manner as that qualified congregation deems appropriate. A qualified congregation shall not be a member of the corporation unless it selects one or more voting delegates to represent the congregation in conducting the corporation's affairs, and notifies the corporation's board of such selection as provided herein. A qualified corporation shall be any congregation that is affiliated with the evangelical lutheran church of america (elca), and that has its principal place of worship situated in scott county, iowa. A qualified corporation is elgible to be a member of the corporation, but is not necessarily a member of the corporation. A statement of the names and addresses of the qualified congregations, as taken from the records of the southeast iowa synod of the elca as of the date of adoption of these by- laws. The statement separately identifies qualified congregations that are currently members of the corporation and qualified congregations that are not members of the corporation at the time these by-laws are adopted.

Form 990, Page 6, Part VI, Line 7A

The board of directors of each corporation shall consist of not more than fifteen (15) directors. The voting delegates may determine and change the number of director positions that are available to be filled from time to time. Each voting delegate shall be entitled to nominate for election, one or more persons to serve as board member(s) by submitting the name(s) and address(es) of the nominee(s) that the voting delegate desires to serve on the board. A member congregation (qualified congregation with at least one current voting delegate) may have more than one board member, and can nominate more than one person to serve on the board. Until changed by the voting delegates, the projects board shall have fifteen (15) positions. If one or more vacancies occur, the projects board shall consist of the number of established board positions less the number of vacancies until the vacancies are filled as provided herein.

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

The form 990, with all applicable schedules, is reviewed by the board of directors before it is filed with the internal revenue service.

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

Each year, all members of the board review the conflict of interest policy and procurement policy, which expands on the conflict of interest procedures.

Form 990, Page 6, Part VI, Line 19

Luther heights, inc makes its governing documents, conflict of interest policy and financial statements available to the public upon request. These documents are available for the same period of time as described in internal revenue code section 6104(d) for other public disclosure documents.

Filing and Contact Details

Filer

Filer Name
Luther Heights Inc
EIN
42-1389223
Phone
5633329250
Address
6515 GRAND TETON PLAZA RM/STE 220, MADISON, WI 53719-1048

Signing Officer

Name
Kim Wilkins
Title
President
Phone
0056333292
Signed
2018-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Wilkins
Formed
1992
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
10

Preparer

Firm
Mcgowen Hurst Clark & Smith Pc
Address
1601 W LAKES PKWY STE 300, WEST DES MOINES, IA 50266
Preparer
Michael E Brinker CPA
Phone
5152883279
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social and psychological needs, and to promote their health, security, happiness and usefulness in longer living.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has been granted tax-exempt status under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been recognized in the financial statements. Management is unaware of any uncertain income tax positions at december 31, 2017 and 2016. Interest and penalties associated with income tax matters would be presented as components of income tax expense. There were no interest or penalty charges during 2017 or 2016.

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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt057
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01270648
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01395283
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt063815
IRS990/OccupancyGrp/TotalAmt063815
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04120
IRS990/OfficeExpensesGrp/TotalAmt04120
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0136023
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03100
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02868
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05968
IRS990/OtherExpensesGrp/Desc0ELDERLY CARE SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3OTHER RENTING EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01681
IRS990/OtherExpensesGrp/ProgramServicesAmt015820
IRS990/OtherExpensesGrp/ProgramServicesAmt113276
IRS990/OtherExpensesGrp/ProgramServicesAmt27548
IRS990/OtherExpensesGrp/TotalAmt015820
IRS990/OtherExpensesGrp/TotalAmt113276
IRS990/OtherExpensesGrp/TotalAmt27548
IRS990/OtherExpensesGrp/TotalAmt31681
IRS990/OtherLiabilitiesGrp/BOYAmt039037
IRS990/OtherLiabilitiesGrp/EOYAmt019999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025687
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IRS990/OtherSalariesAndWagesGrp/TotalAmt049449
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02614
IRS990/PayrollTaxesGrp/ProgramServicesAmt02418
IRS990/PayrollTaxesGrp/TotalAmt05032
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KIM WILKINS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTS & TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0182717
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127199
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127199
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE SERVICES TO ENHANCE THE QUALITY OF LIVING OF THE RESIDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015820
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt056
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IRS990/PYProgramServiceRevenueAmt0208252
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IRS990/PYSalariesCompEmpBnftPaidAmt059925
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-70906
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0209916
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0209916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0208252
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0204780
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0210138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0207810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01040896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0687
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt01040896
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0209916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0208252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0204780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0210138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0207810
IRS990ScheduleA/Total509Grp/TotalAmt01040896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0209973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0208304
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0204849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0210398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0208059
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01041583
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01226352
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01662567
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02888919
IRS990ScheduleD/EquipmentGrp/BookValueAmt03600
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034611
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038211
IRS990ScheduleD/ExpensesSubtotalAmt0280879
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt040696
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040696
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0104647
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119625
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt211751
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1374
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RECAPTURE OF RESIDUAL RECEIPTS
IRS990ScheduleD/RevenueSubtotalAmt0209973
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECOGNIZED IN THE FINANCIAL STATEMENTS. MANAGEMENT IS UNAWARE OF ANY UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2017 AND 2016. INTEREST AND PENALTIES ASSOCIATED WITH INCOME TAX MATTERS WOULD BE PRESENTED AS COMPONENTS OF INCOME TAX EXPENSE. THERE WERE NO INTEREST OR PENALTY CHARGES DURING 2017 OR 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01270648
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0136023
IRS990ScheduleD/TotalExpensesPerForm990Amt0280879
IRS990ScheduleD/TotalLiabilityAmt019999
IRS990ScheduleD/TotalRevenuePerForm990Amt0209973
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0209973
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0280879
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO HOMZ MANAGEMENT CORPORATION. THE MANAGMENT COMPANY SPECIALIZES IN PROVIDING MARKETING, RENTAL, COLLECTIONS, MAINTENANCE AND REPAIR, AS WELL AS OTHER SERVICES FOR HOUSING PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MEMBER OF THE CORPORATION IS ANY QUALIFIED CONGREGATION THAT ELECTS TO PARTICIPATE IN CONDUCTING THE AFFAIRS OF THE CORPORATION BY SELECTING AT LEAST ONE (1) VOTING DELEGATE TO REPRESENT SUCH QUALIFIED CONGREGATION IN CONDUCTING THE CORPORATION'S AFFAIRS. SUBJECT TO THE CONDITIONS OF THESE BY-LAWS, A QUALIFIED CONGREGATION MAY SELECT ITS VOTING DELEGATE(S) TO REPRESENT THE QUALIFIED CONGREGATION IN ANY MANNER AS THAT QUALIFIED CONGREGATION DEEMS APPROPRIATE. A QUALIFIED CONGREGATION SHALL NOT BE A MEMBER OF THE CORPORATION UNLESS IT SELECTS ONE OR MORE VOTING DELEGATES TO REPRESENT THE CONGREGATION IN CONDUCTING THE CORPORATION'S AFFAIRS, AND NOTIFIES THE CORPORATION'S BOARD OF SUCH SELECTION AS PROVIDED HEREIN. A QUALIFIED CORPORATION SHALL BE ANY CONGREGATION THAT IS AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA), AND THAT HAS ITS PRINCIPAL PLACE OF WORSHIP SITUATED IN SCOTT COUNTY, IOWA. A QUALIFIED CORPORATION IS ELGIBLE TO BE A MEMBER OF THE CORPORATION, BUT IS NOT NECESSARILY A MEMBER OF THE CORPORATION. A STATEMENT OF THE NAMES AND ADDRESSES OF THE QUALIFIED CONGREGATIONS, AS TAKEN FROM THE RECORDS OF THE SOUTHEAST IOWA SYNOD OF THE ELCA AS OF THE DATE OF ADOPTION OF THESE BY- LAWS. THE STATEMENT SEPARATELY IDENTIFIES QUALIFIED CONGREGATIONS THAT ARE CURRENTLY MEMBERS OF THE CORPORATION AND QUALIFIED CONGREGATIONS THAT ARE NOT MEMBERS OF THE CORPORATION AT THE TIME THESE BY-LAWS ARE ADOPTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS OF EACH CORPORATION SHALL CONSIST OF NOT MORE THAN FIFTEEN (15) DIRECTORS. THE VOTING DELEGATES MAY DETERMINE AND CHANGE THE NUMBER OF DIRECTOR POSITIONS THAT ARE AVAILABLE TO BE FILLED FROM TIME TO TIME. EACH VOTING DELEGATE SHALL BE ENTITLED TO NOMINATE FOR ELECTION, ONE OR MORE PERSONS TO SERVE AS BOARD MEMBER(S) BY SUBMITTING THE NAME(S) AND ADDRESS(ES) OF THE NOMINEE(S) THAT THE VOTING DELEGATE DESIRES TO SERVE ON THE BOARD. A MEMBER CONGREGATION (QUALIFIED CONGREGATION WITH AT LEAST ONE CURRENT VOTING DELEGATE) MAY HAVE MORE THAN ONE BOARD MEMBER, AND CAN NOMINATE MORE THAN ONE PERSON TO SERVE ON THE BOARD. UNTIL CHANGED BY THE VOTING DELEGATES, THE PROJECTS BOARD SHALL HAVE FIFTEEN (15) POSITIONS. IF ONE OR MORE VACANCIES OCCUR, THE PROJECTS BOARD SHALL CONSIST OF THE NUMBER OF ESTABLISHED BOARD POSITIONS LESS THE NUMBER OF VACANCIES UNTIL THE VACANCIES ARE FILLED AS PROVIDED HEREIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990, WITH ALL APPLICABLE SCHEDULES, IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH YEAR, ALL MEMBERS OF THE BOARD REVIEW THE CONFLICT OF INTEREST POLICY AND PROCUREMENT POLICY, WHICH EXPANDS ON THE CONFLICT OF INTEREST PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LUTHER HEIGHTS, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUTHER KNOLL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LUTHER MANOR OF SCOTT COUNTY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2LUTHER CREST INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.07$1.03$0.35$0.36$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.05$1.05$0.33$0.37$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.10$1.09$0.27$0.38$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.05$1.19$0.25$0.31$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.04$1.25$0.26$0.31$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.04$1.31$0.26$0.29$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.04$1.35$0.24$0.29$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.03$1.40$0.21$0.28$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.05$1.47$0.21$0.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.05$1.53$0.20$0.29$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.66$0.04$1.61$0.21$0.29$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.72$0.03$1.69$0.21$0.26$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.03$1.74$0.27
2011Summary only. Only limited summary data is available for this year.$1.86$0.05$1.80$0.21$0.31$0.11
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.03$1.91$0.27
Peer Organizations

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