Civic Intelligence

Five Seasons Senior Housing Inc C/O Homz Management Corporation

990 • Fiscal year 2016 • EIN 42-1390985

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 24, 2017

6515 Grand Teton Plaza Suite 220Madison, WI 53719-1048

(608) 833-8788

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.23x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

31st percentile

-2.6%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

4.9%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,511,406

Down $41,062 (-2.6%) from 2015

Net Assets

Down

$1,445,814

Down $58,090 (-3.9%) from 2015

Liabilities

Up

$65,592

Up $17,028 (+35%) from 2015

Revenue

Up

$280,738

Up $13,202 (+4.9%) from 2015

Expenses

Up

$338,828

Up $11,948 (+3.7%) from 2015

Net Income

Up

-$58,090

Up $1,254 (+2.1%) from 2015

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: $1,840,457Liabilities 2010: $29,037Net Assets 2010: $1,811,4202010Assets 2011: $1,795,334Liabilities 2011: $32,086Net Assets 2011: $1,763,2482011Assets 2012: $1,726,946Liabilities 2012: $31,837Net Assets 2012: $1,695,1092012Assets 2013: $1,665,784Liabilities 2013: $34,685Net Assets 2013: $1,631,0992013Assets 2014: $1,597,979Liabilities 2014: $34,731Net Assets 2014: $1,563,2482014Assets 2015: $1,552,468Liabilities 2015: $48,564Net Assets 2015: $1,503,9042015Assets 2016: $1,511,406Liabilities 2016: $65,592Net Assets 2016: $1,445,8142016Assets 2017: $1,563,620Liabilities 2017: $34,524Net Assets 2017: $1,529,0962017Assets 2018: $1,582,905Liabilities 2018: $77,249Net Assets 2018: $1,505,6562018Assets 2019: $1,535,044Liabilities 2019: $36,976Net Assets 2019: $1,498,0682019Assets 2020: $1,719,018Liabilities 2020: $146,052Net Assets 2020: $1,572,9662020Assets 2021: $1,583,327Liabilities 2021: $38,477Net Assets 2021: $1,544,8502021Assets 2022: $1,522,724Liabilities 2022: $29,672Net Assets 2022: $1,493,0522022Assets 2023: $1,457,334Liabilities 2023: $32,144Net Assets 2023: $1,425,1902023Assets 2024: $1,432,956Liabilities 2024: $32,475Net Assets 2024: $1,400,4812024

Highlighted filing

2016

Assets$1,511,406
Liabilities$65,592
Net Assets$1,445,814

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $309,8482010Revenue 2011: $250,731Expenses 2011: $298,903Net Income 2011: -$48,1722011Expenses 2012: $316,0842012Revenue 2013: $248,585Expenses 2013: $312,595Net Income 2013: -$64,0102013Revenue 2014: $250,447Expenses 2014: $318,298Net Income 2014: -$67,8512014Revenue 2015: $267,536Expenses 2015: $326,880Net Income 2015: -$59,3442015Revenue 2016: $280,738Expenses 2016: $338,828Net Income 2016: -$58,0902016Revenue 2017: $406,231Expenses 2017: $322,949Net Income 2017: $83,2822017Revenue 2018: $343,339Expenses 2018: $366,779Net Income 2018: -$23,4402018Revenue 2019: $341,429Expenses 2019: $349,017Net Income 2019: -$7,5882019Revenue 2020: $345,893Expenses 2020: $353,562Net Income 2020: -$7,6692020Revenue 2021: $343,645Expenses 2021: $371,761Net Income 2021: -$28,1162021Revenue 2022: $352,767Expenses 2022: $404,565Net Income 2022: -$51,7982022Revenue 2023: $388,006Expenses 2023: $455,868Net Income 2023: -$67,8622023Revenue 2024: $451,674Expenses 2024: $476,383Net Income 2024: -$24,7092024

Highlighted filing

2016

Revenue$280,738
Expenses$338,828
Net Income-$58,090
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 24, 2017
Return Version
2016v3.0
Gross Receipts
$280,738
Mission and Program Overview

Mission

To provide elderly persons and handicapped 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.

To provide quality living for low-income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,410,065$1,403,717▼ $6,348
Cash and Non-Interest-Bearing Accounts$18,918$16,087▼ $2,831
Accounts Receivable$984$1,008▲ $24
Prepaid Expenses and Deferred Charges$714$637▼ $77
Total Assets$1,552,468$1,511,406▼ $41,062
Other Assets Total$121,787$89,957▼ $31,830
Liabilities
Accounts Payable and Accrued Expenses$29,405$45,738▲ $16,333
Other Liabilities$19,141$19,836▲ $695
Deferred Revenue$18$18→ $0
Total Liabilities$48,564$65,592▲ $17,028
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,753,300$2,753,300→ $0
Unrestricted Net Assets$-1,249,396$-1,307,486▼ $58,090
Total Net Assets Fund Balance$1,503,904$1,445,814▼ $58,090
Total Liabilities and Net Assets / Fund Balance$1,552,468$1,511,406▼ $41,062

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,289,153$1,553,320$2,842,473
Land$111,827-$111,827
Equipment$2,737$26,500$29,237
Other Assets Org$748--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary PribylDirector
Jack RoederDirector
Phil HershnerDirector
Greg ChristensenTreasurer
Terry SteinbachVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$5,708
Program Service Revenue
$275,017
Investment Income
$13
Other Revenue
$0
All Other Contributions
$5,708
Change in Net Assets
$-58,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$280,738
Total Revenue per Audited Statements
$280,738
Total Revenue per Form 990
$280,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,101
Salaries, Compensation, and Employee Benefits$78,727
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$89,925--$89,925
Depreciation Depletion$72,306--$72,306
Other Salaries and Wages$43,248$24,638-$67,886
Fees for Services Management-$25,920-$25,920
Fees for Services Accounting-$11,368-$11,368
Payroll Taxes$4,776$2,721-$7,497
Office Expenses-$6,799-$6,799
Other Employee Benefits$2,130$1,214-$3,344
Other Expenses$10,494$2,167-$2,167
All Other Expenses-$2,067-$2,067
Advertising-$1,296-$1,296
Conferences and Meetings-$115-$115
Total Functional Expenses$260,523$78,305$0$338,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$338,828
Total Expenses per Audited Statements$338,828
Total Expenses per Form 990$338,828
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 Security Deposits in Trust$19,836
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegated control over management duties to homz management corporation.

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

This form 990 with all applicable schedules completed for five seasons senior housing is reviewed by the board of directors before it is filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 19

Five seasons senior housing makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Five Seasons Senior Housing
EIN
42-1390985
Phone
6088338788
Address
6515 GRAND TETON PLAZA SUITE 220, MADISON, WI 53719-1048

Signing Officer

Name
Terry Steinbach
Title
Vice President
Phone
6088338788
Signed
2017-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Steinbach
Formed
1992
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
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

Financial Statement Notes

Schedule D, Page 3, Part X

Management is unaware of any uncertain tax positions at december 31, 2016 and 2015. 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 2016 and 2015. The organization's prior three years' tax returns reamin subject to examination by the internal revenue service.

Raw XML Appendix392 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.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0248450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0247891
IRS990ScheduleA/Total509Grp/TotalAmt01294279
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0267536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0250447
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0248585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0247945
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01295251
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01289153
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01553320
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02842473
IRS990ScheduleD/EquipmentGrp/BookValueAmt02737
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029237
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111827
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0280738
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2016 AND 2015. 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 2016 AND 2015. THE ORGANIZATION'S PRIOR THREE YEARS' TAX RETURNS REAMIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt089957
IRS990ScheduleD/TotalExpensesPerForm990Amt0338828
IRS990ScheduleD/TotalLiabilityAmt019836
IRS990ScheduleD/TotalRevenuePerForm990Amt0280738
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0280738
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0338828
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO HOMZ MANAGEMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS FORM 990 WITH ALL APPLICABLE SCHEDULES COMPLETED FOR FIVE SEASONS SENIOR HOUSING IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIVE SEASONS SENIOR HOUSING MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02753300
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01552468
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IRS990/TotalContributionsAmt05708
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078305
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0260523
IRS990/TotalFunctionalExpensesGrp/TotalAmt0338828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048564
IRS990/TotalLiabilitiesEOYAmt065592
IRS990/TotalLiabilitiesGrp/BOYAmt048564
IRS990/TotalLiabilitiesGrp/EOYAmt065592
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01503904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01445814
IRS990/TotalProgramServiceExpensesAmt0260523
IRS990/TotalProgramServiceRevenueAmt0275017
IRS990/TotalRevenueGrp/ExclusionAmt013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0275017
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0280738
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01552468
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01511406
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1249396
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1307486
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY STEINBACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06088338788
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIVE SEASONS SENIOR HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HOMZ MANAGEMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FIVE
ReturnHeader/Filer/EIN0421390985
ReturnHeader/Filer/PhoneNum06088338788
ReturnHeader/Filer/USAddress/AddressLine1Txt06515 GRAND TETON PLAZA SUITE 220
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0537191048
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD3585658F7ACE8A9AC096FC131F4E3E0C294268
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00DF7B8545E80D996109A72F1D95F781BE66D6CE2
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421104473
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGOWEN HURST CLARK & SMITH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01601 W LAKES PKWY STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152883279
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL E BRINKER CPA
ReturnHeader/ReturnTs02017-03-08T13:45:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$1.43$0.03$1.40$0.45$0.48$0.02
2023Summary only. Only limited summary data is available for this year.$1.46$0.03$1.43$0.39$0.46$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.03$1.49$0.35$0.40$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.04$1.54$0.34$0.37$0.03
2020Summary only. Only limited summary data is available for this year.$1.72$0.15$1.57$0.35$0.35$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.04$1.50$0.34$0.35$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.08$1.51$0.34$0.37$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.03$1.53$0.41$0.32$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.07$1.45$0.28$0.34$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.05$1.50$0.27$0.33$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.03$1.56$0.25$0.32$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.03$1.63$0.25$0.31$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.03$1.70$0.32
2011Summary only. Only limited summary data is available for this year.$1.80$0.03$1.76$0.25$0.30$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.03$1.81$0.31
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits