Civic Intelligence

Aase Haugen Foundation Inc.

990 • Fiscal year 2014 • EIN 42-1425088

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 05, 2015

Organization ProfileN/A
4 Ohio StreetDecorah, IA 52101

(563) 382-3603

Siviq Scores

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

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

61st percentile

6.3%

Faster asset growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$539,883

Up $31,905 (+6.3%) from 2013

Net Assets

Up

$529,234

Up $21,256 (+4.2%) from 2013

Liabilities

Up

$10,649

Up $10,649 from 2013

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin74th percentile

Revenue

Down

$116,215

Down $204,963 (-64%) from 2013

Expenses

Up

$98,174

Up $57,618 (+142%) from 2013

Net Income

Down

$18,041

Down $262,581 (-94%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$1.5M$1.0M$500K$0Assets 2010: $485,434Liabilities 2010: $0Net Assets 2010: $485,4342010Assets 2011: $165,096Liabilities 2011: $1,338Net Assets 2011: $163,7582011Assets 2012: $223,802Liabilities 2012: $0Net Assets 2012: $223,8022012Assets 2013: $507,978Liabilities 2013: $0Net Assets 2013: $507,9782013Assets 2014: $539,883Liabilities 2014: $10,649Net Assets 2014: $529,2342014Assets 2015: $435,219Liabilities 2015: $3,350Net Assets 2015: $431,8692015Assets 2016: $527,871Liabilities 2016: $28,898Net Assets 2016: $498,9732016Assets 2017: $637,545Liabilities 2017: $12,639Net Assets 2017: $624,9062017Assets 2018: $618,654Liabilities 2018: $3,400Net Assets 2018: $615,2542018Assets 2019: $715,668Liabilities 2019: $21,146Net Assets 2019: $694,5222019Assets 2020: $732,813Liabilities 2020: $10Net Assets 2020: $732,8032020Assets 2021: $810,927Liabilities 2021: $280Net Assets 2021: $810,6472021Assets 2022: $1,444,585Liabilities 2022: $316Net Assets 2022: $1,444,2692022Assets 2023: $1,352,386Liabilities 2023: $2,677Net Assets 2023: $1,349,7092023Assets 2024: $1,085,801Liabilities 2024: $8,856Net Assets 2024: $1,076,9452024

Highlighted filing

2014

Assets$539,883
Liabilities$10,649
Net Assets$529,234
Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0-$500KRevenue 2010: $72,903Expenses 2010: $62,432Net Income 2010: $10,4712010Revenue 2011: $84,820Expenses 2011: $25,091Net Income 2011: $59,7292011Revenue 2012: $121,052Expenses 2012: $64,998Net Income 2012: $56,0542012Revenue 2013: $321,178Expenses 2013: $40,556Net Income 2013: $280,6222013Revenue 2014: $116,215Expenses 2014: $98,174Net Income 2014: $18,0412014Revenue 2015: $124,068Expenses 2015: $190,932Net Income 2015: -$66,8642015Revenue 2016: $82,904Expenses 2016: $42,818Net Income 2016: $40,0862016Revenue 2017: $134,392Expenses 2017: $22,385Net Income 2017: $112,0072017Revenue 2018: $64,500Expenses 2018: $28,992Net Income 2018: $35,5082018Revenue 2019: $77,851Expenses 2019: $39,202Net Income 2019: $38,6492019Revenue 2020: $87,441Expenses 2020: $46,455Net Income 2020: $40,9862020Revenue 2021: $116,213Expenses 2021: $74,701Net Income 2021: $41,5122021Revenue 2022: $735,606Expenses 2022: $29,480Net Income 2022: $706,1262022Revenue 2023: $113,108Expenses 2023: $36,498Net Income 2023: $76,6102023Revenue 2024: $292,791Expenses 2024: $51,195Net Income 2024: $241,5962024

Highlighted filing

2014

Revenue$116,215
Expenses$98,174
Net Income$18,041
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$116,215
Mission and Program Overview

Mission

To assist in providing nursing home care to residents of aase haugen home, inc. To provide a structured approach to the development and supplemental funding of activities of the aase haugen home, inc.

To assist in providing nursing home care to residents of aase haugen homes, inc. To provide a structured approach to the development and supplemental funding of activities of the aase haugen homes, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$324,502$358,725▲ $34,223
Savings and Temporary Cash Investments$152,687$176,111▲ $23,424
Land, Buildings, and Equipment, Net$0$4,919▲ $4,919
Pledges and Grants Receivable$480$128▼ $352
Total Assets$507,978$539,883▲ $31,905
Other Assets Total$30,309$0▼ $30,309
Liabilities
Accounts Payable and Accrued Expenses-$10,649-
Total Liabilities$0$10,649▲ $10,649
Net Assets / Fund Balance
Unrestricted Net Assets$467,185$494,079▲ $26,894
Temporarily Rstr Net Assets$40,793$35,155▼ $5,638
Total Net Assets Fund Balance$507,978$529,234▲ $21,256
Total Liabilities and Net Assets / Fund Balance$507,978$539,883▲ $31,905

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,919$69$4,988
Other Securities$358,725--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Paul HexomPresident
Kari RudeVice-president
James UlringDirector
John NelsonDirector
Steve LanglandDirector
Tracy DostalDirector
Jeffrey SchmidtExecutive Director
Lashelle EvansSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$103,036
Program Service Revenue
$0
Investment Income
$13,179
Other Revenue
$0
All Other Contributions
$103,036
Change in Net Assets
$18,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$116,215
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,215
Total Revenue per Audited Statements
$119,430
Total Revenue per Form 990
$116,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$71,560
Other Expenses$26,614
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,560--$71,560
Office Expenses$15,425--$15,425
Fees for Services Accounting$8,284--$8,284
Other Expenses$2,836--$2,836
Depreciation Depletion-$69-$69
Total Functional Expenses$98,105$69$0$98,174

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$98,174
Total Expenses per Audited Statements$98,174
Total Expenses per Form 990$98,174
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aase Haugen Homes IncDecorah, IA501(c)(3)Provide Assistance to Aase Haugen Homes in Carrying Out Its Mission.$71,560
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The board of directors has contracted with continuum healthcare to provide an executive director for the organization and related organizations. Total wages for the executive director (provided by continuum) were $118,761 in 2014.”

Form 990, Part VI, Section B, line 11

“The board members have ultimate fiduciary responsibility for approving financial documents submitted on behalf of the organization. The board will complete a thorough review of the organization's form 990 prior to submission to the irs.”

Form 990, Part VI, Section B, line 12C

“The conflict of interest policy applies to board members, officers, and executives. Each covered person must acknowledge the existence of the policy and report potential conflicts. If a covered person or any interested party becomes aware of a potential or perceived conflict of interest, it must be disclosed to the executive director or board of directors immediately. The covered person will refrain from using personal influence to encourage the organization for his/her benefit. Decisions on such conflicts be documented in the board minutes.”

Form 990, Part VI, Section C, line 18

“The organization makes its form 990 and form 1023 available upon request at the business office located in decorah, iowa.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request at the business office located in decorah, iowa.”

Filing and Contact Details

Filer

Filer Name
Aase Haugen Foundation Inc
EIN
42-1425088
Phone
5633823603
Address
4 OHIO STREET, DECORAH, IA 52101

Signing Officer

Name
Paul Hexom
Title
Board President
Phone
5633823603
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Schmidt
Formed
1994
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Ryun Givens & Company Plc
Address
2900 100TH STREET SUITE 301, URBANDALE, IA 50322
Preparer
Curtis E Brand CPA
Phone
5152253141
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors is responsible for oversight relating to the audit of the financial statements. The board of directors is also responsible for the selection of the independent accountants. There has been no change in the process from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Organization has adopted the accounting standard regarding "Accounting for Uncertain Tax Positions". This standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the entity's financial statements. It requires an entity to recognize the financial statement benefit of a tax position when it is more likely than not that the position will be sustained upon examination. The adoption of this standard had no material effect on the Organization's financial position, results of operations, or cash flow.”

Raw XML AppendixShowing 400 of 430 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010649
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ASSIST IN PROVIDING NURSING HOME CARE TO RESIDENTS OF AASE HAUGEN HOMES, INC. TO PROVIDE A STRUCTURED APPROACH TO THE DEVELOPMENT AND SUPPLEMENTAL FUNDING OF ACTIVITIES OF THE AASE HAUGEN HOMES, INC.
IRS990/AllOtherContributionsAmt0103036
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEFFREY SCHMIDT
IRS990/BooksInCareOfDetail/PhoneNum05633823603
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04 OHIO STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DECORAH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052101
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0103036
IRS990/CYGrantsAndSimilarPaidAmt071560
IRS990/CYInvestmentIncomeAmt013179
IRS990/CYOtherExpensesAmt026614
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt018041
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt098174
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0116215
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt069
IRS990/DepreciationDepletionGrp/TotalAmt069
IRS990/Desc0SOLICITED AND MANAGED GIFTS OF MONEY AND PROPERTY FOR THE EXCLUSIVE PURPOSE OF GRANTING GIFTS TO AASE HAUGEN HOMES AND RELATED 501(C)(3) ENTITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt098105
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08284
IRS990/FeesForServicesAccountingGrp/TotalAmt08284
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt038.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL HEXOM
IRS990/Form990PartVIISectionAGrp/PersonNm1KARI RUDE
IRS990/Form990PartVIISectionAGrp/PersonNm2LASHELLE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACY DOSTAL
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE LANGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES ULRING
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFFREY SCHMIDT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt071560
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt071560
IRS990/GrantsToDomesticOrgsGrp/TotalAmt071560
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0116215
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt013179
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013179
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0324502
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0358725
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt069
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04919
IRS990/LandBldgEquipCostOrOtherBssAmt04988
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST IN PROVIDING NURSING HOME CARE TO RESIDENTS OF AASE HAUGEN HOME, INC. TO PROVIDE A STRUCTURED APPROACH TO THE DEVELOPMENT AND SUPPLEMENTAL FUNDING OF ACTIVITIES OF THE AASE HAUGEN HOME, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0507978
IRS990/NetAssetsOrFundBalancesEOYAmt0529234
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03215
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt015425
IRS990/OfficeExpensesGrp/TotalAmt015425
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030309
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt02836
IRS990/OtherExpensesGrp/TotalAmt02836
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0480
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0128
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JEFFREY SCHMIDT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0307615
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020000
IRS990/PYInvestmentIncomeAmt013563
IRS990/PYOtherExpensesAmt020556
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0280622
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt040556
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0321178
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt018041
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152687
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0176111
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0420680299
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc0501(c)(3)
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt071560
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AASE HAUGEN HOMES INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt071560
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt098174
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03215
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04919
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04988
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0358725
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt03215
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0116215
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the accounting standard regarding "Accounting for Uncertain Tax Positions". This standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the entity's financial statements. It requires an entity to recognize the financial statement benefit of a tax position when it is more likely than not that the position will be sustained upon examination. The adoption of this standard had no material effect on the Organization's financial position, results of operations, or cash flow.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04919
IRS990ScheduleD/TotalBookValueSecuritiesAmt0358725
IRS990ScheduleD/TotalExpensesPerForm990Amt098174
IRS990ScheduleD/TotalRevenuePerForm990Amt0116215
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0119430
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt098174
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt071560
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE ASSISTANCE TO AASE HAUGEN HOMES IN CARRYING OUT ITS MISSION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AASE HAUGEN HOMES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0420680299
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 510
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DECORAH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd052101
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS CONTRACTED WITH CONTINUUM HEALTHCARE TO PROVIDE AN EXECUTIVE DIRECTOR FOR THE ORGANIZATION AND RELATED ORGANIZATIONS. TOTAL WAGES FOR THE EXECUTIVE DIRECTOR (PROVIDED BY CONTINUUM) WERE $118,761 IN 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS HAVE ULTIMATE FIDUCIARY RESPONSIBILITY FOR APPROVING FINANCIAL DOCUMENTS SUBMITTED ON BEHALF OF THE ORGANIZATION. THE BOARD WILL COMPLETE A THOROUGH REVIEW OF THE ORGANIZATION'S FORM 990 PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, OFFICERS, AND EXECUTIVES. EACH COVERED PERSON MUST ACKNOWLEDGE THE EXISTENCE OF THE POLICY AND REPORT POTENTIAL CONFLICTS. IF A COVERED PERSON OR ANY INTERESTED PARTY BECOMES AWARE OF A POTENTIAL OR PERCEIVED CONFLICT OF INTEREST, IT MUST BE DISCLOSED TO THE EXECUTIVE DIRECTOR OR BOARD OF DIRECTORS IMMEDIATELY. THE COVERED PERSON WILL REFRAIN FROM USING PERSONAL INFLUENCE TO ENCOURAGE THE ORGANIZATION FOR HIS/HER BENEFIT. DECISIONS ON SUCH CONFLICTS BE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE LOCATED IN DECORAH, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE LOCATED IN DECORAH, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT RELATING TO THE AUDIT OF THE FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANTS. THERE HAS BEEN NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AASE HAUGEN HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AASE HAUGEN PROPERTIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420680299
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1421464662
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE A CONTINUUM OF CARE IN A CHRISTIAN ENVIRONMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOLD TITLE TO PROPERTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 510
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 510
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DECORAH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1DECORAH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd052101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd152101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt071560
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AASE HAUGEN HOMES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt040793
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt035155
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0507978
IRS990/TotalAssetsEOYAmt0539883
IRS990/TotalAssetsGrp/BOYAmt0507978
IRS990/TotalAssetsGrp/EOYAmt0539883
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0103036
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098105
IRS990/TotalFunctionalExpensesGrp/TotalAmt098174
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt010649
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt010649
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0507978
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0529234
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt098105
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013179
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0116215
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0507978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0539883
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0467185
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0494079
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04 OHIO STREET
IRS990/USAddress/CityNm0DECORAH
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052101
IRS990/VotingMembersGoverningBodyCnt07

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$539,883
Liabilities
$10,649
Net assets
$529,234
Revenue
$116,215
Expenses
$98,174
Net income
$18,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.01$1.08$0.29$0.05$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.11$0.04$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$0.74$0.03$0.71
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.12$0.07$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.00$0.73$0.09$0.05$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.02$0.69$0.08$0.04$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$0.06$0.03$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.01$0.62$0.13$0.02$0.11
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.03$0.50$0.08$0.04$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.43$0.12$0.19$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.12$0.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.32$0.04$0.28
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$0.12$0.06$0.06
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.16$0.08$0.03$0.06
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.07$0.06$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $500k-$1M nonprofits