Civic Intelligence

Galt Rental Housing Inc

EIN 43-1271234 • 501(c)4 • Galt, MO

Profile

Rental units for seniors and low income

404 South Elm St Apt D1Galt, MO 64641
Siviq Scores

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

Liabilities / Assets

94th percentile

0.78x

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

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

Liabilities / Revenue

95th percentile

1.04x

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

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

Net Margin

38th percentile

-4.1%

Higher net margin than 38% 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

69th percentile

7.6%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

31st percentile

-17%

Faster revenue growth than 31% of similar nonprofits.

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

Assets

Up

$57,848

Up $4,067 (+7.6%) from 2023

Liabilities

Down

$45,148

Down $3,916 (-8.0%) from 2023

Net Assets

$12,700

No earlier filing loaded for comparison.

Revenue

Down

$43,313

Down $8,996 (-17%) from 2023

Expenses

Down

$45,085

Down $346 (-0.8%) from 2023

Net Income

Down

-$1,772

Down $8,650 (-126%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2011: $37,107Liabilities 2011: $89,598Net Assets 2011: -$52,4912011Assets 2012: $36,893Liabilities 2012: $83,879Net Assets 2012: -$46,9862012Assets 2013: $33,280Liabilities 2013: $85,261Net Assets 2013: -$51,9812013Assets 2014: $35,471Liabilities 2014: $79,768Net Assets 2014: -$44,2972014Assets 2015: $41,529Liabilities 2015: $77,997Net Assets 2015: -$36,4682015Assets 2016: $45,619Liabilities 2016: $0Net Assets 2016: $45,6192016Assets 2017: $40,034Liabilities 2017: $70,663Net Assets 2017: -$30,6292017Assets 2018: $47,298Liabilities 2018: $66,677Net Assets 2018: -$19,3792018Assets 2019: $16,732Liabilities 2019: $58,459Net Assets 2019: -$41,7272019Assets 2020: $46,742Liabilities 2020: $55,715Net Assets 2020: -$8,9732020Assets 2021: $54,876Liabilities 2021: $56,152Net Assets 2021: -$1,2762021Assets 2022: $46,679Liabilities 2022: $52,217Net Assets 2022: -$5,5382022Assets 2023: $53,781Liabilities 2023: $49,0642023Assets 2024: $57,848Liabilities 2024: $45,148Net Assets 2024: $12,7002024

Highlighted filing

2024

Assets$57,848
Liabilities$45,148
Net Assets$12,700

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $46,084Expenses 2011: $47,842Net Income 2011: -$1,7582011Revenue 2012: $53,811Expenses 2012: $44,519Net Income 2012: $9,2922012Revenue 2013: $46,270Expenses 2013: $49,989Net Income 2013: -$3,7192013Revenue 2014: $57,954Expenses 2014: $54,556Net Income 2014: $3,3982014Revenue 2015: $56,886Expenses 2015: $43,737Net Income 2015: $13,1492015Revenue 2016: $58,397Expenses 2016: $45,055Net Income 2016: $13,3422016Revenue 2017: $59,537Expenses 2017: $61,080Net Income 2017: -$1,5432017Revenue 2018: $56,277Expenses 2018: $51,292Net Income 2018: $4,9852018Revenue 2019: $45,250Expenses 2019: $48,338Net Income 2019: -$3,0882019Revenue 2020: $53,733Expenses 2020: $51,572Net Income 2020: $2,1612020Revenue 2021: $74,501Expenses 2021: $68,108Net Income 2021: $6,3932021Revenue 2022: $53,223Expenses 2022: $57,706Net Income 2022: -$4,4832022Revenue 2023: $52,309Expenses 2023: $45,431Net Income 2023: $6,8782023Revenue 2024: $43,313Expenses 2024: $45,085Net Income 2024: -$1,7722024

Highlighted filing

2024

Revenue$43,313
Expenses$45,085
Net Income-$1,772

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.8$45.1$12.7$43.3$45.1$1.77
2023Summary only. Only limited summary data is available for this year.$53.8$49.1$52.3$45.4$6.88
2022Detailed filing. Detailed filing data is available for this year.$46.7$52.2$5.54$53.2$57.7$4.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.9$56.2$1.28$74.5$68.1$6.39
2020Detailed filing. Detailed filing data is available for this year.$46.7$55.7$8.97$53.7$51.6$2.16
2019Summary only. Only limited summary data is available for this year.$16.7$58.5$41.7$45.3$48.3$3.09
2018Summary only. Only limited summary data is available for this year.$47.3$66.7$19.4$56.3$51.3$4.99
2017Summary only. Only limited summary data is available for this year.$40.0$70.7$30.6$59.5$61.1$1.54
2016Summary only. Only limited summary data is available for this year.$45.6$0.00$45.6$58.4$45.1$13.3
2015Summary only. Only limited summary data is available for this year.$41.5$78.0$36.5$56.9$43.7$13.1
2014Summary only. Only limited summary data is available for this year.$35.5$79.8$44.3$58.0$54.6$3.40
2013Summary only. Only limited summary data is available for this year.$33.3$85.3$52.0$46.3$50.0$3.72
2012Summary only. Only limited summary data is available for this year.$36.9$83.9$47.0$53.8$44.5$9.29
2011Summary only. Only limited summary data is available for this year.$37.1$89.6$52.5$46.1$47.8$1.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$43,313
Mission and Program Overview

Mission

Rental units for seniors and low income

Program Services

DescriptionGrantsExpenses
TO PROVIDE RENTAL UNITS FOR SENIOR AND LOW INCOME CITIZENS WITH SUITABLE HOUSING-$45,085
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS BONNETTChairman-$0--
MARY H RICHARDSONSecretary-$0--
SHELLY SEARCYTreasurer ManagerPT$0--
JIM WESTERGAARDMember-$0--
Filing and Contact Details

Filer

Filer Name
Galt Rental Housing Inc
EIN
43-1271234
In Care Of
% SHELLY SEARCY
Phone
6603591451
Address
404 SOUTH ELM ST APT D1, GALT, MO 64641

Signing Officer

Name
Shelly Searcy
Title
Treasurer Manager
Phone
6603591451
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Nickels & Dimes
Address
203 N Pearl, Milan, MO 63556
Preparer
Laura Stafford
Phone
6602653090
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountinsurance 5,774miscellaneous 66pest control 3,168loan interest 319depreciation 1,139usda 274bond 100advertising 41

Other changes in net assets or fund balances Part I line 20

Description amountaccount balances, depreciation, etc 9,755

Description of other assets Part II line 24

Category beginning of year end of yearappliances and equipment 1,490 2,485

Description of total liabilities Part II line 26

Category beginning of year end of yearusda loan 3 28,688 25,942usda loan 4 15,149 13,674security deposits 5,227 5,532

Raw XML Appendix122 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0SHELLY SEARCY MANAGER
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0TREASURER RECEIVES RENT FREE FOR THE POSITION WHICH ADDS UP TO $3492
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHELLY SEARCY MANAGER
IRS990EZ/BooksInCareOfDetail/PhoneNum06603591451
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0404 S ELM APT D1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GALT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd064641
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047291
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050363
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1772
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04792
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt053781
IRS990EZ/Form990TotalAssetsGrp/EOYAmt057848
IRS990EZ/GrossReceiptsAmt043313
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt056
IRS990EZ/LandAndBuildingsGrp/BOYAmt05000
IRS990EZ/LandAndBuildingsGrp/EOYAmt05000
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04717
IRS990EZ/NetAssetsOrFundBalancesEOYAmt012700
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04717
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012700
IRS990EZ/OccupancyRentUtltsAndMaintAmt029412
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS BONNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY H RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHELLY SEARCY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM WESTERGAARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01490
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02485
IRS990EZ/OtherChangesInNetAssetsAmt09755
IRS990EZ/OtherExpensesTotalAmt010881
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RENTAL UNITS FOR SENIORS AND LOW INCOME
IRS990EZ/ProgramServiceRevenueAmt043257
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE RENTAL UNITS FOR SENIOR AND LOW INCOME CITIZENS WITH SUITABLE HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt045085
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt049064
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045148
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045085
IRS990EZ/TotalProgramServiceExpensesAmt045085
IRS990EZ/TotalRevenueAmt043313
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 5,774MISCELLANEOUS 66PEST CONTROL 3,168LOAN INTEREST 319DEPRECIATION 1,139USDA 274BOND 100ADVERTISING 41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTACCOUNT BALANCES, DEPRECIATION, ETC 9,755
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARAPPLIANCES AND EQUIPMENT 1,490 2,485
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARUSDA LOAN 3 28,688 25,942USDA LOAN 4 15,149 13,674SECURITY DEPOSITS 5,227 5,532
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLY SEARCY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum06603591451
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GALT RENTAL HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0GALT
ReturnHeader/Filer/EIN0431271234
ReturnHeader/Filer/InCareOfNm0% SHELLY SEARCY
ReturnHeader/Filer/PhoneNum06603591451
ReturnHeader/Filer/USAddress/AddressLine1Txt0404 SOUTH ELM ST APT D1
ReturnHeader/Filer/USAddress/CityNm0GALT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064641
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461655243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Nickels & Dimes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0203 N Pearl
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milan
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063556
ReturnHeader/PreparerPersonGrp/PhoneNum06602653090
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA STAFFORD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-13T16:00:04-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits