Civic Intelligence

Midway Apartments Inc.

990 • Fiscal year 2015 • EIN 42-1495047

Jan 01, 2015 to Dec 31, 2015 • Filed on May 05, 2016

Organization ProfileN/A
5400 Kirkwood Blvd SWCedar Rapids, IA 52404

(319) 364-0259

Siviq Scores

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

Liabilities / Assets

95th percentile

1.22x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

11.41x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

27th percentile

-5.2%

Higher net margin than 27% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

49th percentile

0.9%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

6.4%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$519,031

Up $4,765 (+0.9%) from 2014

Net Assets

Down

-$114,158

Down $2,889 (-2.6%) from 2014

Liabilities

Up

$633,189

Up $7,654 (+1.2%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin27th percentile

Revenue

Up

$55,515

Up $3,358 (+6.4%) from 2014

Expenses

Down

$58,404

Down $2,079 (-3.4%) from 2014

Net Income

Up

-$2,889

Up $5,437 (+65%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$1.0M$500K$0-$500KAssets 2012: $527,516Liabilities 2012: $621,605Net Assets 2012: -$94,0892012Assets 2013: $522,085Liabilities 2013: $625,028Net Assets 2013: -$102,9432013Assets 2014: $514,266Liabilities 2014: $625,535Net Assets 2014: -$111,2692014Assets 2015: $519,031Liabilities 2015: $633,189Net Assets 2015: -$114,1582015Assets 2016: $500,586Liabilities 2016: $620,230Net Assets 2016: -$119,6442016Assets 2017: $493,061Liabilities 2017: $622,566Net Assets 2017: -$129,5052017Assets 2018: $477,355Liabilities 2018: $617,667Net Assets 2018: -$140,3122018Assets 2019: $467,692Liabilities 2019: $624,927Net Assets 2019: -$157,2352019Assets 2020: $462,441Liabilities 2020: $633,324Net Assets 2020: -$170,8832020Assets 2021: $454,477Liabilities 2021: $646,719Net Assets 2021: -$192,2422021Assets 2022: $441,814Liabilities 2022: $651,987Net Assets 2022: -$210,1732022Assets 2023: $447,722Liabilities 2023: $688,069Net Assets 2023: -$240,3472023Assets 2024: $431,931Liabilities 2024: $708,751Net Assets 2024: -$276,8202024

Highlighted filing

2015

Assets$519,031
Liabilities$633,189
Net Assets-$114,158
Open 2015 Filing

Operations Trend

Revenue Growth57th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $52,687Expenses 2012: $58,779Net Income 2012: -$6,0922012Revenue 2013: $50,644Expenses 2013: $59,498Net Income 2013: -$8,8542013Revenue 2014: $52,157Expenses 2014: $60,483Net Income 2014: -$8,3262014Revenue 2015: $55,515Expenses 2015: $58,404Net Income 2015: -$2,8892015Revenue 2016: $54,129Expenses 2016: $59,615Net Income 2016: -$5,4862016Revenue 2017: $54,437Expenses 2017: $64,300Net Income 2017: -$9,8632017Revenue 2018: $54,353Expenses 2018: $65,160Net Income 2018: -$10,8072018Revenue 2019: $53,961Expenses 2019: $70,884Net Income 2019: -$16,9232019Revenue 2020: $55,978Expenses 2020: $69,626Net Income 2020: -$13,6482020Revenue 2021: $55,212Expenses 2021: $76,571Net Income 2021: -$21,3592021Revenue 2022: $61,239Expenses 2022: $79,170Net Income 2022: -$17,9312022Revenue 2023: $62,862Expenses 2023: $93,036Net Income 2023: -$30,1742023Revenue 2024: $73,229Expenses 2024: $109,692Net Income 2024: -$36,4632024

Highlighted filing

2015

Revenue$55,515
Expenses$58,404
Net Income-$2,889
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$55,515
Mission and Program Overview

Mission

To provide mentally disabled persons with housing facilities specially designed to meet their needs.

To provide affordable housing to individuals and families in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$448,916$443,280▼ $5,636
Cash and Non-Interest-Bearing Accounts$5,048$6,603▲ $1,555
Accounts Receivable$1$638▲ $637
Prepaid Expenses and Deferred Charges$308$0▼ $308
Total Assets$514,266$519,031▲ $4,765
Other Assets Total$59,993$68,510▲ $8,517
Liabilities
Mortgage Notes Payable Secured by Investment Property$604,700$604,700→ $0
Accounts Payable and Accrued Expenses$17,550$26,799▲ $9,249
Deferred Revenue$1,801$0▼ $1,801
Other Liabilities$1,484$1,690▲ $206
Total Liabilities$625,535$633,189▲ $7,654
Net Assets / Fund Balance
Unrestricted Net Assets$-111,269$-114,158▼ $2,889
Total Net Assets Fund Balance$-111,269$-114,158▼ $2,889
Total Liabilities and Net Assets / Fund Balance$514,266$519,031▲ $4,765

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$395,262$217,415$612,677
Land$38,000-$38,000
Equipment$10,018$898$10,916
Other Assets Org$63,139--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Theresa Graham-mineartBoard Chair
Ann WoodDirector
Diane BrechtDirector
Kathy JohnsonDirector
Marie AndersonDirector
Mechelle DhondtDirector
Rusty GoinsDirector
Shannon DayDirector
Ann HearnSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$17,340
Program Service Revenue
$38,111
Investment Income
$64
Other Revenue
$0
All Other Contributions
$17,340
Change in Net Assets
$-2,889

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,515
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$55,515
Total Revenue per Form 990
$55,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,404
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$16,211--$16,211
Other Expenses$9,686$3,286-$12,972
Occupancy$10,632--$10,632
Fees for Services Accounting-$7,160-$7,160
Fees for Services Management-$6,254-$6,254
Insurance$2,774--$2,774
Office Expenses-$2,151-$2,151
Fees for Services Legal-$250-$250
Total Functional Expenses$39,303$19,101$0$58,404

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$58,404
Total Expenses per Audited Statements$58,404
Total Expenses per Form 990$58,404
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Security Deposits$1,690
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, Part VI, Section A, Line 3

“The organization contracts with four oaks family and children's services to manage the property and provide accounting services. No officers or directors of the filing organization were compensated by the management company during the year.”

Form 990, Part VI, Section A, Line 8B

“The organization has no committees.”

Form 990, Part VI, Section B, Line 11

“The outside tax preparer reviews the form 990 in draft form with the chief financial officer of the management company, four oaks family and children's services. All questions and concerns are addressed to full satisfaction before becoming final. The final form 990 is provided to the full board prior to filing with the irs.”

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

“The organization requires all officers and directors to disclose any conflict of interest upon joining the board of directors as well as report any duality of interest as soon as the interest occurs. The u.s. Department of housing and urban development also actively monitors for conflicts of interest between the organization and its officers and directors. As an additional safeguard, the management company reviews vendor lists and board member lists annually.”

Form 990, Part VI, Section C, Line 19

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

FORM 990, PART VI, SECTION B, LINE 13:

“The organization is managed by an outside management company and does not have employees. The employees of the management company who perform duties for the filing organization are subject to the written whistleblower policy of the outside management company.”

FORM 990, PART VI, SECTION B, LINE 14:

“Documents are retained or destroyed subject to the written document retention and destruction policy of the outside management company.”

Filing and Contact Details

Filer

Filer Name
Midway Apartments Inc
EIN
42-1495047
Phone
3193640259
Address
5400 KIRKWOOD BLVD SW, CEDAR RAPIDS, IA 52404

Signing Officer

Name
Theresa Graham-mineart
Title
Board Chair
Phone
3193640259
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theresa Graham-mineart
Formed
1999
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Rsm US Llp
Address
221 THIRD AVENUE SE STE 300, CEDAR RAPIDS, IA 52401-1512
Preparer
Carley Umstead
Phone
3192985333
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has no committees. The board of directors assumes responsibility for oversight of the audit of the financial statements.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue code and a similar section of the iowa income tax law, which provides income tax exemption for corporations organized and operated exclusively for religious, charitable or educational purposes. The corporation is not a private foundation. Management evaluated the corporation's tax positions and concluded the corporation had taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the corporation is no longer subject to income tax examinations by the u.s. Federal or state tax authorities for years before 2012.”

Raw XML AppendixShowing 400 of 432 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/BOYAmt017550
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026799
IRS990/AccountsReceivableGrp/BOYAmt01
IRS990/AccountsReceivableGrp/EOYAmt0638
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES IN NEED.
IRS990/AllOtherContributionsAmt017340
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SCOTT KRCHAK
IRS990/BooksInCareOfDetail/PhoneNum03193640259
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05400 KIRKWOOD BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CEDAR RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052404
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05048
IRS990/CashNonInterestBearingGrp/EOYAmt06603
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt017340
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt064
IRS990/CYOtherExpensesAmt058404
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt038111
IRS990/CYRevenuesLessExpensesAmt0-2889
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt058404
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt055515
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01801
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016211
IRS990/DepreciationDepletionGrp/TotalAmt016211
IRS990/Desc0TO PROVIDE MENTALLY DISABLED PERSONS WITH HOUSING FACILITIES SPECIALLY DESIGNED TO MEET THEIR NEEDS. THE ORGANIZATION RENTED 10 UNITS TO INDIVIDUALS AND FAMILIES IN NEED DURING THE YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt039303
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07160
IRS990/FeesForServicesAccountingGrp/TotalAmt07160
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0250
IRS990/FeesForServicesLegalGrp/TotalAmt0250
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt06254
IRS990/FeesForServicesManagementGrp/TotalAmt06254
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0THERESA GRAHAM-MINEART
IRS990/Form990PartVIISectionAGrp/PersonNm1ANN HEARN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANE BRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm4SHANNON DAY
IRS990/Form990PartVIISectionAGrp/PersonNm5MECHELLE DHONDT
IRS990/Form990PartVIISectionAGrp/PersonNm6RUSTY GOINS
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm8ANN WOOD
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/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt055515
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02774
IRS990/InsuranceGrp/TotalAmt02774
IRS990/InvestmentIncomeGrp/ExclusionAmt064
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0218313
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0448916
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0443280
IRS990/LandBldgEquipCostOrOtherBssAmt0661593
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MENTALLY DISABLED PERSONS WITH HOUSING FACILITIES SPECIALLY DESIGNED TO MEET THEIR NEEDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0604700
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0604700
IRS990/NetAssetsOrFundBalancesBOYAmt0-111269
IRS990/NetAssetsOrFundBalancesEOYAmt0-114158
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt010632
IRS990/OccupancyGrp/TotalAmt010632
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02151
IRS990/OfficeExpensesGrp/TotalAmt02151
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt059993
IRS990/OtherAssetsTotalGrp/EOYAmt068510
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03286
IRS990/OtherExpensesGrp/ProgramServicesAmt09686
IRS990/OtherExpensesGrp/TotalAmt012972
IRS990/OtherLiabilitiesGrp/BOYAmt01484
IRS990/OtherLiabilitiesGrp/EOYAmt01690
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0308
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0THERESA GRAHAM-MINEART
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY RENTAL INCOM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1452
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022078
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt043
IRS990/PYOtherExpensesAmt060483
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt030036
IRS990/PYRevenuesLessExpensesAmt0-8326
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt060483
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt052157
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2889
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt038111
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021708
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021178
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt038111
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt030036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt028911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt031461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt028860
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0157379
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0232
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt0260450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt055451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt052114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt050619
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt052639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt049627
IRS990ScheduleA/Total509Grp/TotalAmt0260450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt055515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt052157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt050644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt052687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049679
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0260682
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/BuildingsGrp/BookValueAmt0395262
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0217415
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0612677
IRS990ScheduleD/EquipmentGrp/BookValueAmt010018
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0898
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010916
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt058404
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt038000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01690
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13681
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt263139
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURACE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt055515
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES. THE CORPORATION IS NOT A PRIVATE FOUNDATION. MANAGEMENT EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0443280
IRS990ScheduleD/TotalBookValueOtherAssetsAmt068510
IRS990ScheduleD/TotalExpensesPerForm990Amt058404
IRS990ScheduleD/TotalLiabilityAmt01690
IRS990ScheduleD/TotalRevenuePerForm990Amt055515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt055515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt058404
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTS WITH FOUR OAKS FAMILY AND CHILDREN'S SERVICES TO MANAGE THE PROPERTY AND PROVIDE ACCOUNTING SERVICES. NO OFFICERS OR DIRECTORS OF THE FILING ORGANIZATION WERE COMPENSATED BY THE MANAGEMENT COMPANY DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OUTSIDE TAX PREPARER REVIEWS THE FORM 990 IN DRAFT FORM WITH THE CHIEF FINANCIAL OFFICER OF THE MANAGEMENT COMPANY, FOUR OAKS FAMILY AND CHILDREN'S SERVICES. ALL QUESTIONS AND CONCERNS ARE ADDRESSED TO FULL SATISFACTION BEFORE BECOMING FINAL. THE FINAL FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO DISCLOSE ANY CONFLICT OF INTEREST UPON JOINING THE BOARD OF DIRECTORS AS WELL AS REPORT ANY DUALITY OF INTEREST AS SOON AS THE INTEREST OCCURS. THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ALSO ACTIVELY MONITORS FOR CONFLICTS OF INTEREST BETWEEN THE ORGANIZATION AND ITS OFFICERS AND DIRECTORS. AS AN ADDITIONAL SAFEGUARD, THE MANAGEMENT COMPANY REVIEWS VENDOR LISTS AND BOARD MEMBER LISTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS MANAGED BY AN OUTSIDE MANAGEMENT COMPANY AND DOES NOT HAVE EMPLOYEES. THE EMPLOYEES OF THE MANAGEMENT COMPANY WHO PERFORM DUTIES FOR THE FILING ORGANIZATION ARE SUBJECT TO THE WRITTEN WHISTLEBLOWER POLICY OF THE OUTSIDE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE RETAINED OR DESTROYED SUBJECT TO THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE OUTSIDE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NO COMMITTEES. THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 13:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0514266
IRS990/TotalAssetsEOYAmt0519031
IRS990/TotalAssetsGrp/BOYAmt0514266
IRS990/TotalAssetsGrp/EOYAmt0519031
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt017340
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019101
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt039303
IRS990/TotalFunctionalExpensesGrp/TotalAmt058404
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0625535
IRS990/TotalLiabilitiesEOYAmt0633189
IRS990/TotalLiabilitiesGrp/BOYAmt0625535
IRS990/TotalLiabilitiesGrp/EOYAmt0633189
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-111269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-114158
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt039303
IRS990/TotalProgramServiceRevenueAmt038111
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt064
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt038111
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt055515
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0514266
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0519031
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-111269
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-114158
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05400 KIRKWOOD BLVD SW
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$519,031
Liabilities
$633,189
Net assets
-$114,158
Revenue
$55,515
Expenses
$58,404
Net income
-$2,889
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$7.09$2.77$0.73$1.10$0.36
2023Detailed filing. Detailed filing data is available for this year.$4.48$6.88$2.40$0.63$0.93$0.30
2022Detailed filing. Detailed filing data is available for this year.$4.42$6.52$2.10$0.61$0.79$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.54$6.47$1.92$0.55$0.77$0.21
2020Detailed filing. Detailed filing data is available for this year.$4.62$6.33$1.71$0.56$0.70$0.14
2019Detailed filing. Detailed filing data is available for this year.$4.68$6.25$1.57$0.54$0.71$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.77$6.18$1.40$0.54$0.65$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.93$6.23$1.30$0.54$0.64$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.01$6.20$1.20$0.54$0.60$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.19$6.33$1.14$0.56$0.58$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.14$6.26$1.11$0.52$0.60$0.08
2013Detailed filing. Detailed filing data is available for this year.$5.22$6.25$1.03$0.51$0.59$0.09
2012Summary only. Only limited summary data is available for this year.$5.28$6.22$0.94$0.53$0.59$0.06