Civic Intelligence

Prairie View Home

990 • Fiscal year 2015 • EIN 42-6067563

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

750 West Lyon StreetGarner, IA 50438

(641) 923-2607

Siviq Scores

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

Liabilities / Assets

54th percentile

0.14x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.77x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

45th percentile

$53,092

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

27th percentile

-3.9%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,075,036

Down $83,713 (-3.9%) from 2014

Net Assets

Down

$1,790,249

Down $86,324 (-4.6%) from 2014

Liabilities

Up

$284,787

Up $2,611 (+0.9%) from 2014

Revenue

Down

$370,712

Down $85,928 (-19%) from 2014

Expenses

Down

$457,036

Down $8,631 (-1.9%) from 2014

Net Income

Down

-$86,324

Down $77,297 (-856%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $699,603Liabilities 2010: $139,570Net Assets 2010: $560,0332010Assets 2011: $694,432Liabilities 2011: $161,943Net Assets 2011: $532,4892011Assets 2012: $859,968Liabilities 2012: $344,537Net Assets 2012: $515,4312012Assets 2013: $801,890Liabilities 2013: $295,838Net Assets 2013: $506,0522013Assets 2014: $2,158,749Liabilities 2014: $282,176Net Assets 2014: $1,876,5732014Assets 2015: $2,075,036Liabilities 2015: $284,787Net Assets 2015: $1,790,2492015Assets 2016: $2,232,500Liabilities 2016: $284,696Net Assets 2016: $1,947,8042016Assets 2017: $2,258,868Liabilities 2017: $248,954Net Assets 2017: $2,009,9142017Assets 2018: $2,314,345Liabilities 2018: $217,219Net Assets 2018: $2,097,1262018Assets 2019: $2,311,696Liabilities 2019: $172,856Net Assets 2019: $2,138,8402019Assets 2020: $2,424,946Liabilities 2020: $114,811Net Assets 2020: $2,310,1352020Assets 2021: $2,524,609Liabilities 2021: $40,203Net Assets 2021: $2,484,4062021Assets 2022: $1,325,745Liabilities 2022: $62,569Net Assets 2022: $1,263,1762022Assets 2023: $1,429,702Liabilities 2023: $85,032Net Assets 2023: $1,344,6702023Assets 2024: $1,648,670Liabilities 2024: $118,278Net Assets 2024: $1,530,3922024

Highlighted filing

2015

Assets$2,075,036
Liabilities$284,787
Net Assets$1,790,249

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $417,9202010Revenue 2011: $407,083Expenses 2011: $434,627Net Income 2011: -$27,5442011Expenses 2012: $432,5892012Revenue 2013: $440,210Expenses 2013: $449,589Net Income 2013: -$9,3792013Revenue 2014: $456,640Expenses 2014: $465,667Net Income 2014: -$9,0272014Revenue 2015: $370,712Expenses 2015: $457,036Net Income 2015: -$86,3242015Revenue 2016: $509,906Expenses 2016: $438,469Net Income 2016: $71,4372016Revenue 2017: $502,393Expenses 2017: $440,283Net Income 2017: $62,1102017Revenue 2018: $564,743Expenses 2018: $477,531Net Income 2018: $87,2122018Revenue 2019: $565,998Expenses 2019: $524,284Net Income 2019: $41,7142019Revenue 2020: $658,964Expenses 2020: $487,669Net Income 2020: $171,2952020Revenue 2021: $749,553Expenses 2021: $575,282Net Income 2021: $174,2712021Revenue 2022: $833,400Expenses 2022: $654,634Net Income 2022: $178,7662022Revenue 2023: $650,659Expenses 2023: $569,165Net Income 2023: $81,4942023Revenue 2024: $751,170Expenses 2024: $565,448Net Income 2024: $185,7222024

Highlighted filing

2015

Revenue$370,712
Expenses$457,036
Net Income-$86,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$370,712
Mission and Program Overview

Mission

The organization's mission is to provide affordable housing for senior citizens. The organization operates a 52 unit apartment complex for senior citizens in garner, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$704,342$628,040▼ $76,302
Savings and Temporary Cash Investments$47,885$43,885▼ $4,000
Cash and Non-Interest-Bearing Accounts$6,522$3,111▼ $3,411
Total Assets$2,158,749$2,075,036▼ $83,713
Other Assets Total$1,400,000$1,400,000→ $0
Liabilities
Other Liabilities$250,049$250,049→ $0
Accounts Payable and Accrued Expenses$32,127$34,738▲ $2,611
Total Liabilities$282,176$284,787▲ $2,611
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,400,000$1,400,000→ $0
Unrestricted Net Assets$459,294$376,970▼ $82,324
Temporarily Rstr Net Assets$17,279$13,279▼ $4,000
Total Net Assets Fund Balance$1,876,573$1,790,249▼ $86,324
Total Liabilities and Net Assets / Fund Balance$2,158,749$2,075,036▼ $83,713

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$488,957$1,545,898$2,034,855
Equipment$113,578$352,259$465,837
Land$25,505-$25,505
Other Assets Org$1,400,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Luann LautersManagerFT$53,092$53,092

Board Members and Trustees

NameTitle
Luann Gatchel - SmitPresident
Bill PaulusDirector
Bill WaddinghamDirector
Dave BackusDirector
Donald StubbsDirector
Gary LenzDirector
Ivan DoddDirector
Kathy GibbsDirector
Kj HuenemanDirector
Sara DirksDirector
Sharon RockowDirector
Val AndersonDirector
Judee GoddenSecretary
Julia SchultzTreasurer
Marc FritzVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$30,977
Program Service Revenue
$339,735
Investment Income
$0
Other Revenue
$0
All Other Contributions
$200
Change in Net Assets
$-86,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,530
Salaries, Compensation, and Employee Benefits$186,506
Total Fundraising Expense$3,336
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$132,328$14,703-$147,031
Comp Disqual Persons$119,798--$119,798
Depreciation Depletion$75,538$763-$76,301
Current Officers, Directors, Trustees, and Key Employees$39,819$10,618$2,655$53,092
Insurance$22,617$2,513-$25,130
Payroll Taxes$10,212$2,723$681$13,616
Advertising-$5,314-$5,314
Fees for Services Accounting-$5,140-$5,140
Information Technology-$3,838-$3,838
Other Expenses$3,367--$3,367
Travel$1,706--$1,706
Office Expenses-$1,500-$1,500
Fees for Services Legal-$1,203-$1,203
Total Functional Expenses$405,385$48,315$3,336$457,036
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
Advances From Pvh Foundation$221,824
Tenant Security Deposits Payable$28,225
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

A copy of the preliminary 990 form is distributed to board members for review and discussion at a regular monthly meeting prior to filing the return.

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

All board members are required to read and comply with the organization's written conflict of interest policy. Directors facing a potential conflict are asked to abstain from voting on such a measure. The remaining board members will determined if the transaction is in the best interest of the organization.

Form 990, Page 6, Part VI, Line 15A

The executive board of directors meet each year in august to review the executive director's job performance and determine the following year's salary.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Prairie View Home
EIN
42-6067563
Phone
6419232607
Address
750 WEST LYON STREET, GARNER, IA 50438

Signing Officer

Name
Luann Lauters
Title
Manager
Phone
6419232607
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luann Lauters
Formed
1961
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
19

Preparer

Firm
Hogan - Hansen Pc
Address
PO BOX 1318, MASON CITY, IA 50402-1318
Preparer
Dennis J Muyskens CPA
Phone
6414230574
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IRS990/RelatedOrganizationsAmt030777
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IRS990/RevenueAmt0339735
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCES FROM PVH FOUNDATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE PRELIMINARY 990 FORM IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW AND DISCUSSION AT A REGULAR MONTHLY MEETING PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE REQUIRED TO READ AND COMPLY WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY. DIRECTORS FACING A POTENTIAL CONFLICT ARE ASKED TO ABSTAIN FROM VOTING ON SUCH A MEASURE. THE REMAINING BOARD MEMBERS WILL DETERMINED IF THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE BOARD OF DIRECTORS MEET EACH YEAR IN AUGUST TO REVIEW THE EXECUTIVE DIRECTOR'S JOB PERFORMANCE AND DETERMINE THE FOLLOWING YEAR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03336
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01876573
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01790249

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.12$1.53$0.75$0.57$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.43$0.09$1.34$0.65$0.57$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.06$1.26$0.83$0.65$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.52$0.04$2.48$0.75$0.58$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.42$0.11$2.31$0.66$0.49$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.17$2.14$0.57$0.52$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.31$0.22$2.10$0.56$0.48$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.26$0.25$2.01$0.50$0.44$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.23$0.28$1.95$0.51$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.28$1.79$0.37$0.46$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.16$0.28$1.88$0.46$0.47$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.30$0.51$0.44$0.45$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.34$0.52$0.43
2011Summary only. Only limited summary data is available for this year.$0.69$0.16$0.53$0.41$0.43$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.14$0.56$0.42
Peer Organizations

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