Civic Intelligence

Williams Apartments Inc

EIN 42-6251158 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Williams, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.79x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.40x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-35%

Higher net margin than 16% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-22%

Faster asset growth than 26% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-18%

Faster revenue growth than 31% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$85,512

Down $24,192 (-22%) from 2023

Liabilities

Down

$67,802

Down $7,399 (-9.8%) from 2023

Net Assets

Down

$17,710

Down $16,793 (-49%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin16th percentile

Revenue

Down

$48,335

Down $10,792 (-18%) from 2023

Expenses

Up

$65,128

Up $11,257 (+21%) from 2023

Net Income

Down

-$16,793

Down $22,049 (-420%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $136,679Liabilities 2011: $103,0292011Assets 2012: $136,525Liabilities 2012: $97,9062012Assets 2013: $134,930Liabilities 2013: $92,5322013Assets 2014: $128,807Liabilities 2014: $88,3952014Assets 2015: $139,211Liabilities 2015: $114,8082015Assets 2016: $124,015Liabilities 2016: $111,9042016Assets 2017: $121,893Liabilities 2017: $107,0182017Assets 2018: $111,009Liabilities 2018: $102,6042018Assets 2019: $102,177Liabilities 2019: $98,9682019Assets 2020: $100,687Liabilities 2020: $91,825Net Assets 2020: $8,8622020Assets 2021: $105,082Liabilities 2021: $85,975Net Assets 2021: $19,1072021Assets 2022: $110,201Liabilities 2022: $80,954Net Assets 2022: $29,2472022Assets 2023: $109,704Liabilities 2023: $75,201Net Assets 2023: $34,5032023Assets 2024: $85,512Liabilities 2024: $67,802Net Assets 2024: $17,7102024

Highlighted filing

2024

Assets$85,512
Liabilities$67,802
Net Assets$17,710
Open 2024 Filing

Operations Trend

Revenue Growth31st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $41,302Expenses 2011: $37,138Net Income 2011: $4,1642011Revenue 2012: $46,029Expenses 2012: $41,060Net Income 2012: $4,9692012Revenue 2013: $51,146Expenses 2013: $47,367Net Income 2013: $3,7792013Revenue 2014: $47,598Expenses 2014: $49,584Net Income 2014: -$1,9862014Revenue 2015: $40,497Expenses 2015: $56,473Net Income 2015: -$15,9762015Revenue 2016: $31,741Expenses 2016: $50,033Net Income 2016: -$18,2922016Revenue 2017: $49,128Expenses 2017: $46,364Net Income 2017: $2,7642017Revenue 2018: $44,618Expenses 2018: $51,088Net Income 2018: -$6,4702018Revenue 2019: $38,497Expenses 2019: $43,693Net Income 2019: -$5,1962019Revenue 2020: $45,921Expenses 2020: $40,268Net Income 2020: $5,6532020Revenue 2021: $53,247Expenses 2021: $43,002Net Income 2021: $10,2452021Revenue 2022: $54,897Expenses 2022: $44,757Net Income 2022: $10,1402022Revenue 2023: $59,127Expenses 2023: $53,871Net Income 2023: $5,2562023Revenue 2024: $48,335Expenses 2024: $65,128Net Income 2024: -$16,7932024

Highlighted filing

2024

Revenue$48,335
Expenses$65,128
Net Income-$16,793
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,512
Liabilities
$67,802
Net assets
$17,710
Revenue
$48,335
Expenses
$65,128
Net income
-$16,793
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.86$0.68$0.18$0.48$0.65$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.75$0.35$0.59$0.54$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.81$0.29$0.55$0.45$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.86$0.19$0.53$0.43$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.92$0.09$0.46$0.40$0.06
2019Summary only. Only limited summary data is available for this year.$1.02$0.99$0.38$0.44$0.05
2018Summary only. Only limited summary data is available for this year.$1.11$1.03$0.45$0.51$0.06
2017Summary only. Only limited summary data is available for this year.$1.22$1.07$0.49$0.46$0.03
2016Summary only. Only limited summary data is available for this year.$1.24$1.12$0.32$0.50$0.18
2015Summary only. Only limited summary data is available for this year.$1.39$1.15$0.40$0.56$0.16
2014Summary only. Only limited summary data is available for this year.$1.29$0.88$0.48$0.50$0.02
2013Summary only. Only limited summary data is available for this year.$1.35$0.93$0.51$0.47$0.04
2012Summary only. Only limited summary data is available for this year.$1.37$0.98$0.46$0.41$0.05
2011Summary only. Only limited summary data is available for this year.$1.37$1.03$0.41$0.37$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.0
Gross Receipts
$48,335
Mission and Program Overview

Mission

To provide low rent housing in Williams, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families in the Williams community.$0$65,128
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John KeanePresident-$0--
Sandy RigterVice President-$0--
Linda SolbergSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Williams Apartments Inc
EIN
42-6251158
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
John Keane
Title
President
Phone
5152906448
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $2289 and Tenant Charges $2498”

Form 990-EZ, Part I, Line 16

“Depreciation $12524 and Interest $4476”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $64534 and Security Deposits $3268”

Raw XML Appendix132 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031386
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06407
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-16793
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05271
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0109704
IRS990EZ/Form990TotalAssetsGrp/EOYAmt085512
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt048335
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt078318
IRS990EZ/LandAndBuildingsGrp/EOYAmt079105
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034503
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017710
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034503
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017710
IRS990EZ/OccupancyRentUtltsAndMaintAmt042857
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0John Keane
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sandy Rigter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Linda Solberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017000
IRS990EZ/OtherRevenueTotalAmt04787
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Williams, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt043548
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families in the Williams community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt065128
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt075201
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt067802
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065128
IRS990EZ/TotalProgramServiceExpensesAmt065128
IRS990EZ/TotalRevenueAmt048335
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $2289 and Tenant Charges $2498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $12524 and Interest $4476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $64534 and Security Deposits $3268
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0John Keane
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05152906448
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLIAMS APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0426251158
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-28T16:22:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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