Civic Intelligence

Aase Haugen Properties Inc

990 • Fiscal year 2022 • EIN 42-1464662

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 04, 2023

Organization ProfileWWW.VENNEHJEM.ORG
4 Ohio StreetDecorah, IA 52101-1516

(563) 382-3603

Siviq Scores

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

Liabilities / Assets

90th percentile

1.11x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

10.94x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2022

Net Margin

47th percentile

2.7%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$142,608

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2022

Asset Growth

89th percentile

23%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

1.2%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$11,594,004

Up $2,162,392 (+23%) from 2021

Net Assets

Up

-$1,274,178

Up $31,860 (+2.4%) from 2021

Liabilities

Up

$12,868,182

Up $2,130,532 (+20%) from 2021

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin47th percentile

Revenue

Up

$1,176,435

Up $14,095 (+1.2%) from 2021

Expenses

Down

$1,144,575

Down $11,881 (-1.0%) from 2021

Net Income

Up

$31,860

Up $25,976 (+441%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$20M$10M$0-$10MAssets 2010: $7,210,091Liabilities 2010: $8,615,255Net Assets 2010: -$1,405,1642010Assets 2011: $7,173,231Liabilities 2011: $8,565,485Net Assets 2011: -$1,392,2542011Assets 2012: $6,808,897Liabilities 2012: $8,207,543Net Assets 2012: -$1,398,6462012Assets 2013: $6,534,795Liabilities 2013: $7,800,275Net Assets 2013: -$1,265,4802013Assets 2014: $7,364,017Liabilities 2014: $8,588,363Net Assets 2014: -$1,224,3462014Assets 2015: $7,379,395Liabilities 2015: $8,638,158Net Assets 2015: -$1,258,7632015Assets 2016: $6,922,703Liabilities 2016: $8,108,123Net Assets 2016: -$1,185,4202016Assets 2017: $7,221,385Liabilities 2017: $8,308,162Net Assets 2017: -$1,086,7772017Assets 2018: $8,473,738Liabilities 2018: $9,747,062Net Assets 2018: -$1,273,3242018Assets 2019: $8,830,138Liabilities 2019: $10,098,469Net Assets 2019: -$1,268,3312019Assets 2020: $9,227,733Liabilities 2020: $10,539,655Net Assets 2020: -$1,311,9222020Assets 2021: $9,431,612Liabilities 2021: $10,737,650Net Assets 2021: -$1,306,0382021Assets 2022: $11,594,004Liabilities 2022: $12,868,182Net Assets 2022: -$1,274,1782022Assets 2023: $12,986,343Liabilities 2023: $14,953,550Net Assets 2023: -$1,967,2072023Assets 2024: $12,259,145Liabilities 2024: $18,955,771Net Assets 2024: -$6,696,6262024

Highlighted filing

2022

Assets$11,594,004
Liabilities$12,868,182
Net Assets-$1,274,178
Open 2022 Filing

Operations Trend

Revenue Growth54th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $760,5732010Expenses 2011: $763,1532011Expenses 2012: $795,5722012Revenue 2013: $844,919Expenses 2013: $711,753Net Income 2013: $133,1662013Revenue 2014: $870,318Expenses 2014: $829,184Net Income 2014: $41,1342014Revenue 2015: $921,871Expenses 2015: $935,371Net Income 2015: -$13,5002015Revenue 2016: $1,000,448Expenses 2016: $919,780Net Income 2016: $80,6682016Revenue 2017: $996,650Expenses 2017: $900,985Net Income 2017: $95,6652017Revenue 2018: $960,220Expenses 2018: $861,609Net Income 2018: $98,6112018Revenue 2019: $1,058,803Expenses 2019: $1,053,810Net Income 2019: $4,9932019Revenue 2020: $1,068,179Expenses 2020: $1,111,770Net Income 2020: -$43,5912020Revenue 2021: $1,162,340Expenses 2021: $1,156,456Net Income 2021: $5,8842021Revenue 2022: $1,176,435Expenses 2022: $1,144,575Net Income 2022: $31,8602022Revenue 2023: $1,397,263Expenses 2023: $1,436,075Net Income 2023: -$38,8122023Revenue 2024: $1,422,326Expenses 2024: $1,712,416Net Income 2024: -$290,0902024

Highlighted filing

2022

Revenue$1,176,435
Expenses$1,144,575
Net Income$31,860
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 4, 2023
Return Version
2022v5.0
Gross Receipts
$1,176,435
Mission and Program Overview

Mission

To hold title to property, collect income and distribute the entire amount net of expenses to other exempt organizations.

To hold title to property, collect income and distribute the entire amount net of expeneses to other exempt organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,322,367$6,883,616▲ $561,249
Cash and Non-Interest-Bearing Accounts$1,401,802$2,160,843▲ $759,041
Savings and Temporary Cash Investments$1,653,077$1,668,019▲ $14,942
Prepaid Expenses and Deferred Charges$4,888$74,923▲ $70,035
Accounts Receivable$1,520$52,266▲ $50,746
Total Assets$9,431,612$11,594,004▲ $2,162,392
Other Assets Total$47,958$754,337▲ $706,379
Liabilities
Deferred Revenue$6,525,637$7,230,331▲ $704,694
Mortgage Notes Payable Secured by Investment Property$3,527,845$4,384,876▲ $857,031
Accounts Payable and Accrued Expenses$669,268$1,239,630▲ $570,362
Other Liabilities$14,900$13,345▼ $1,555
Total Liabilities$10,737,650$12,868,182▲ $2,130,532
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,306,038$-1,274,178▲ $31,860
Total Net Assets Fund Balance$-1,306,038$-1,274,178▲ $31,860
Total Liabilities and Net Assets / Fund Balance$9,431,612$11,594,004▲ $2,162,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,772,645$5,473,616$12,246,261
Land$110,971-$110,971
Other Assets Org$754,337--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleOtherTotal
Sam BoekeExecutive Di$142,608$142,608

Board Members and Trustees

NameTitle
Steve LanglandPresident
Deana HagemanDirector
Heidi PechotaDirector
Holly ReillyDirector
Mary PayneDirector
Rev Roger BuhrDirector
Wanda AskelsonSecretary
James UlringTreasurer
Jim SimsVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Carolan ConstructionConstruction301 5TH AVE, Decorah, IA 52101$474,616
Quandahl Custom HomesConstruction2345 US HWY 52, Decorah, IA 52101$238,519
Quandahl Construction INCConstruction1400 ONEOTA, Decorah, IA 52101$107,093
Countrywide PlumbingConstruction107 WILLIAMS ST, Decorah, IA 52101$104,255
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,149,601
Investment Income
$26,834
Other Revenue
$0
Change in Net Assets
$31,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$950,427
Salaries, Compensation, and Employee Benefits$194,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$366,361--$366,361
Occupancy$306,283$1,181-$307,464
Other Salaries and Wages$52,377$126,486-$178,863
Interest$126,819--$126,819
Insurance$42,904--$42,904
Fees for Services Other$1,142$30,143-$31,285
Other Expenses$51,756$14,648-$14,648
Payroll Taxes$11$11,767-$11,778
Advertising-$8,971-$8,971
Other Employee Benefits$3,507--$3,507
Total Functional Expenses$951,160$193,415$0$1,144,575
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Aase Haugen Homes$13,345
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 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“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, Page 6, Part VI, 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 any 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 board immediately. The covered”

Form 990, Page 6, Part VI, Line 18

“The organization makes its form 1024 and form 990 available upon request at the business office located in decorah, iowa.”

Form 990, Page 6, Part VI, 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 Properties Inc
EIN
42-1464662
Phone
5633823603
Address
4 OHIO STREET, DECORAH, IA 52101-1516

Signing Officer

Name
Steve Langland
Title
President
Phone
5633823603
Signed
2023-11-04

Organization Details

Principal Officer
Rose Beardmore
Formed
1996
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Ryun Givens & Company Pc
Address
2900 100TH ST STE 303, URBANDALE, IA 50322-3855
Preparer
Kathy a French
Phone
5152253141
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“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.”

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IRS990/NetAssetsOrFundBalancesEOYAmt0-1274178
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1306038
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1274178
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01181
IRS990/OccupancyGrp/ProgramServicesAmt0306283
IRS990/OccupancyGrp/TotalAmt0307464
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047958
IRS990/OtherAssetsTotalGrp/EOYAmt0754337
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03507
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03507
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114648
IRS990/OtherExpensesGrp/ProgramServicesAmt051756
IRS990/OtherExpensesGrp/TotalAmt051975
IRS990/OtherExpensesGrp/TotalAmt114648
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt014900
IRS990/OtherLiabilitiesGrp/EOYAmt013345
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126486
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052377
IRS990/OtherSalariesAndWagesGrp/TotalAmt0178863
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011767
IRS990/PayrollTaxesGrp/ProgramServicesAmt011
IRS990/PayrollTaxesGrp/TotalAmt011778
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04888
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt074923
IRS990/PrincipalOfficerNm0ROSE BEARDMORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MONTHLY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01149601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01149601
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt020552
IRS990/PYOtherExpensesAmt0980786
IRS990/PYProgramServiceRevenueAmt01141788
IRS990/PYRevenuesLessExpensesAmt05884
IRS990/PYSalariesCompEmpBnftPaidAmt0175670
IRS990/PYTotalExpensesAmt01156456
IRS990/PYTotalRevenueAmt01162340
IRS990/ReconcilationRevenueExpnssAmt031860
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01653077
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01668019
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06772645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05473616
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012246261
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0110971
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110971
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0754337
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CIP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AASE HAUGEN HOMES
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/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06883616
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0754337
IRS990ScheduleD/TotalLiabilityAmt013345
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, OFFICERS, AND EXECUTIVES. EACH COVERED PERSON MUST ACKNOWLEDGE THE EXISTENCE OF THE POLICY AND REPORT ANY 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 BOARD IMMEDIATELY. THE COVERED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 1024 AND FORM 990 AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE LOCATED IN DECORAH, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AASE HAUGEN HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AASE HAUGEN FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420680299
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1421425088
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERATE NU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT AA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt112A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04 OHIO STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14 OHIO STREET
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/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt011781
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AASE HAUGEN HOMES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09431612
IRS990/TotalAssetsEOYAmt011594004
IRS990/TotalAssetsGrp/BOYAmt09431612
IRS990/TotalAssetsGrp/EOYAmt011594004
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0193415
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0951160
IRS990/TotalFunctionalExpensesGrp/TotalAmt01144575
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010737650
IRS990/TotalLiabilitiesEOYAmt012868182
IRS990/TotalLiabilitiesGrp/BOYAmt010737650
IRS990/TotalLiabilitiesGrp/EOYAmt012868182
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1306038
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1274178
IRS990/TotalProgramServiceExpensesAmt0951160
IRS990/TotalProgramServiceRevenueAmt01149601
IRS990/TotalRevenueGrp/ExclusionAmt026834
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01149601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01176435
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09431612
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011594004
IRS990/TotReportableCompRltdOrgAmt0142608
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04 OHIO ST
IRS990/USAddress/CityNm0DECORAH
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052101
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.VENNEHJEM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE LANGLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05633823603
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AASE HAUGEN PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0AASE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,594,004
Liabilities
$12,868,182
Net assets
-$1,274,178
Revenue
$1,176,435
Expenses
$1,144,575
Net income
$31,860
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$19.0$6.70$1.42$1.71$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$15.0$1.97$1.40$1.44$0.04
2022Detailed filing. Detailed filing data is available for this year.$11.6$12.9$1.27$1.18$1.14$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.43$10.7$1.31$1.16$1.16$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.23$10.5$1.31$1.07$1.11$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$10.1$1.27$1.06$1.05$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.47$9.75$1.27$0.96$0.86$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.22$8.31$1.09$1.00$0.90$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$8.11$1.19$1.00$0.92$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$8.64$1.26$0.92$0.94$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.36$8.59$1.22$0.87$0.83$0.04
2013Detailed filing. Detailed filing data is available for this year.$6.53$7.80$1.27$0.84$0.71$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$8.21$1.40$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$8.57$1.39$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.21$8.62$1.41$0.76
Peer Organizations

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