Civic Intelligence

Lakeside Retirement Corporation

EIN 45-0371447 • 501(c)4 • Powers Lake, ND

990-N Coverage

Profile

Collecting rent pays operating exp. To maintain low income housing status

PO Box 136Powers Lake, ND 58773

n/A

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.67x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.53x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

95th percentile

$6,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

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

Asset Growth

83rd percentile

21%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

94th percentile

99%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$92,070

Up $15,722 (+21%) from 2023

Liabilities

Down

$61,378

Down $10,205 (-14%) from 2023

Net Assets

Up

$30,692

Up $25,927 (+544%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin79th percentile

Revenue

Up

$115,449

Up $57,399 (+99%) from 2023

Expenses

Up

$89,522

Up $33,732 (+60%) from 2023

Net Income

Up

$25,927

Up $23,667 (+1047%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

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

$200K$150K$100K$50K$0-$50KAssets 2012: $132,866Liabilities 2012: $155,4902012Assets 2013: $128,382Liabilities 2013: $150,5242013Assets 2014: $127,451Liabilities 2014: $144,0882014Assets 2016: $118,922Liabilities 2016: $130,650Net Assets 2016: -$11,7282016Assets 2023: $76,348Liabilities 2023: $71,583Net Assets 2023: $4,7652023Assets 2024: $92,070Liabilities 2024: $61,378Net Assets 2024: $30,6922024

Highlighted filing

2024

Assets$92,070
Liabilities$61,378
Net Assets$30,692
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$150K$100K$50K$0Revenue 2012: $58,088Expenses 2012: $46,612Net Income 2012: $11,4762012Revenue 2013: $51,909Expenses 2013: $51,427Net Income 2013: $4822013Revenue 2014: $52,732Expenses 2014: $47,227Net Income 2014: $5,5052014Revenue 2016: $53,941Expenses 2016: $53,220Net Income 2016: $7212016Revenue 2023: $58,050Expenses 2023: $55,790Net Income 2023: $2,2602023Revenue 2024: $115,449Expenses 2024: $89,522Net Income 2024: $25,9272024

Highlighted filing

2024

Revenue$115,449
Expenses$89,522
Net Income$25,927
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$92,070
Liabilities
$61,378
Net assets
$30,692
Revenue
$115,449
Expenses
$89,522
Net income
$25,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.61$0.31$1.15$0.90$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.72$0.05$0.58$0.56$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.19$1.31$0.12$0.54$0.53$0.01
2014Summary only. Only limited summary data is available for this year.$1.27$1.44$0.53$0.47$0.06
2013Summary only. Only limited summary data is available for this year.$1.28$1.51$0.52$0.51$0.00
2012Summary only. Only limited summary data is available for this year.$1.33$1.55$0.58$0.47$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 13, 2025
Return Version
2024v5.1
Gross Receipts
$115,449
Mission and Program Overview

Mission

Collecting rent pays operating exp. To maintain low income housing status

Collecting rent pays operating exp to maintain low income housing status

Program Services

DescriptionGrantsExpenses
PROVIDING FEDERAL SUBSIDIZED LOW INCOME HOUSING. IT BENEFITSTHE INDIVIDUALS AND FAMILIES LIVING IN THE FOURTEENAVAILABLE UNITS$0$80,502
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARLO GREISBACHManagerPT$6,000-$6,000
AMBER FIESELBoard Member-$0--
LINDA ENGETBoard Member-$0--
GARY RAMSDELLBoard Member-$0--
JUNE ENGETBoard Member-$0--
TYLER GRUBBPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lakeside Retirement Corp
EIN
45-0371447
Phone
7014645441
Address
PO BOX 136, POWERS LAKE, ND 58773

Signing Officer

Name
Tyler Grubb
Title
President
Phone
7014645441
Signed
2025-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Western Tax
Address
119A MAIN STREET, POWERS LAKE, ND 58773
Preparer
Naomi Westerness
Phone
7014645441
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Oil royality revenue 115.”

Form 990EZ, Part I, Line 8

“PATR. DIVIDEND 30.”

Form 990EZ, Part I, Line 8

“RA ADJUSTMENT”

Form 990EZ, Part I, Line 16

“Bad debt/uncollected rent 1968.”

Form 990EZ, Part I, Line 16

“INSURANCE 4369.”

Form 990EZ, Part I, Line 16

“LEGAL FEES”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 340.”

Form 990EZ, Part I, Line 16

“RE TAXES 1796.”

Form 990EZ, Part I, Line 16

“SAFE BOX RENT 25.”

Form 990EZ, Part I, Line 16

“Workers compensation 250.”

Form 990EZ, Part I, Line 16

“INTEREST 80.”

Form 990EZ, Part I, Line 16

“Depreciation 6858.”

Form 990EZ, Part II, Line 24

“PREPAYMENTS 427. 46.”

Form 990EZ, Part II, Line 24

“Accounts receivable 1400. 1958.”

Form 990EZ, Part II, Line 26

“Notes payable 66663. 56103.”

Form 990EZ, Part II, Line 26

“Security deposits 4366. 4898.”

Form 990EZ, Part II, Line 26

“Accounts payable 554. 377.”

Raw XML Appendix176 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0POWERS LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARLO GREISBACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AMBER FIESEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA ENGET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GARY RAMSDELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JUNE ENGET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TYLER GRUBB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01827
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02004
IRS990EZ/OtherExpensesTotalAmt015686
IRS990EZ/OtherRevenueTotalAmt0145
IRS990EZ/PrimaryExemptPurposeTxt0COLLECTING RENT PAYS OPERATING EXP TO MAINTAIN LOW INCOME HOUSING STATUS
IRS990EZ/ProgramServiceRevenueAmt069994
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt071583
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt089522
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IRS990EZ/TotalRevenueAmt0115449
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OIL ROYALITY REVENUE 115.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PATR. DIVIDEND 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RA ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BAD DEBT/UNCOLLECTED RENT 1968.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE 4369.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LEGAL FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE EXPENSE 340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RE TAXES 1796.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SAFE BOX RENT 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9WORKERS COMPENSATION 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INTEREST 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Depreciation 6858.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PREPAYMENTS 427. 46.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ACCOUNTS RECEIVABLE 1400. 1958.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14NOTES PAYABLE 66663. 56103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SECURITY DEPOSITS 4366. 4898.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16ACCOUNTS PAYABLE 554. 377.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TYLER GRUBB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07014645441
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKESIDE RETIREMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0450371447
ReturnHeader/Filer/PhoneNum07014645441
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 136
ReturnHeader/Filer/USAddress/CityNm0POWERS LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058773
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272894249
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESTERN TAX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0119A MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0POWERS LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058773
ReturnHeader/PreparerPersonGrp/PhoneNum07014645441
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NAOMI WESTERNESS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-13T16:03:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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