Civic Intelligence

Grand Forks Homes Inc.

990 • Fiscal year 2019 • EIN 45-6035977

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 29, 2020

Organization ProfileN/A
1405 1st Ave NGrand Forks, ND 58203

(701) 746-2545

Siviq Scores

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

Liabilities / Assets

69th percentile

0.91x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

3.85x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Net Margin

33rd percentile

-5.8%

Higher net margin than 33% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2019 filings • NTEE L • $10M-$25M nonprofits • Source year 2019

Asset Growth

57th percentile

2.7%

Faster asset growth than 57% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$13,924,989

Up $362,537 (+2.7%) from 2018

Net Assets

Down

$1,184,862

Down $192,689 (-14%) from 2018

Liabilities

Up

$12,740,127

Up $555,226 (+4.6%) from 2018

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin33rd percentile

Revenue

Up

$3,310,276

Up $418,359 (+14%) from 2018

Expenses

Up

$3,502,966

Up $342,660 (+11%) from 2018

Net Income

Up

-$192,690

Up $75,699 (+28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $6,144,890Liabilities 2010: $4,629,105Net Assets 2010: $1,515,7852010Assets 2011: $5,975,211Liabilities 2011: $4,516,860Net Assets 2011: $1,458,3512011Assets 2012: $5,994,176Liabilities 2012: $4,437,806Net Assets 2012: $1,556,3702012Assets 2013: $5,852,866Liabilities 2013: $4,163,414Net Assets 2013: $1,689,4522013Assets 2014: $6,126,082Liabilities 2014: $3,986,916Net Assets 2014: $2,139,1662014Assets 2015: $6,032,094Liabilities 2015: $3,842,649Net Assets 2015: $2,189,4452015Assets 2016: $7,967,824Liabilities 2016: $6,165,064Net Assets 2016: $1,802,7602016Assets 2017: $10,259,084Liabilities 2017: $8,652,770Net Assets 2017: $1,606,3142017Assets 2018: $13,562,452Liabilities 2018: $12,184,901Net Assets 2018: $1,377,5512018Assets 2019: $13,924,989Liabilities 2019: $12,740,127Net Assets 2019: $1,184,8622019Assets 2020: $15,508,002Liabilities 2020: $14,054,777Net Assets 2020: $1,453,2252020Assets 2021: $15,056,790Liabilities 2021: $13,914,768Net Assets 2021: $1,142,0222021Assets 2022: $14,357,840Liabilities 2022: $13,860,968Net Assets 2022: $496,8722022Assets 2023: $14,092,739Liabilities 2023: $14,790,159Net Assets 2023: -$697,4202023

Highlighted filing

2019

Assets$13,924,989
Liabilities$12,740,127
Net Assets$1,184,862
Open 2019 Filing

Operations Trend

Revenue Growth71st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,831,9682010Revenue 2011: $1,776,378Expenses 2011: $1,833,812Net Income 2011: -$57,4342011Expenses 2012: $1,818,5502012Revenue 2013: $1,829,820Expenses 2013: $1,696,738Net Income 2013: $133,0822013Revenue 2014: $2,240,857Expenses 2014: $1,791,143Net Income 2014: $449,7142014Revenue 2015: $1,900,108Expenses 2015: $1,883,606Net Income 2015: $16,5022015Revenue 2016: $1,971,591Expenses 2016: $2,420,514Net Income 2016: -$448,9232016Revenue 2017: $2,393,618Expenses 2017: $2,769,014Net Income 2017: -$375,3962017Revenue 2018: $2,891,917Expenses 2018: $3,160,306Net Income 2018: -$268,3892018Revenue 2019: $3,310,276Expenses 2019: $3,502,966Net Income 2019: -$192,6902019Revenue 2020: $4,473,354Expenses 2020: $4,424,962Net Income 2020: $48,3922020Revenue 2021: $4,689,761Expenses 2021: $5,000,964Net Income 2021: -$311,2032021Revenue 2022: $4,265,696Expenses 2022: $4,910,846Net Income 2022: -$645,1502022Revenue 2023: $4,354,193Expenses 2023: $5,508,236Net Income 2023: -$1,154,0432023

Highlighted filing

2019

Revenue$3,310,276
Expenses$3,502,966
Net Income-$192,690
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.1
Gross Receipts
$3,310,276
Mission and Program Overview

Mission

To provide low income housing to eligible persons in grand forks, nd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,745,353$10,721,261▼ $24,092
Savings and Temporary Cash Investments$1,254,316$1,511,782▲ $257,466
Cash and Non-Interest-Bearing Accounts$1,162,135$1,188,172▲ $26,037
Accounts Receivable$123,172$223,153▲ $99,981
Other Notes and Loans Receivable, Net-$173,800-
Prepaid Expenses and Deferred Charges$74,330$77,475▲ $3,145
Total Assets$13,562,452$13,924,989▲ $362,537
Other Assets Total$203,146$29,346▼ $173,800
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,161,327$11,705,426▲ $544,099
Accounts Payable and Accrued Expenses$838,238$745,765▼ $92,473
Other Liabilities$168,239$275,136▲ $106,897
Deferred Revenue$17,097$13,800▼ $3,297
Total Liabilities$12,184,901$12,740,127▲ $555,226
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$878,182$786,337▼ $91,845
Net Assets With Donor Restrictions$499,369$398,525▼ $100,844
Total Net Assets Fund Balance$1,377,551$1,184,862▼ $192,689
Total Liabilities and Net Assets / Fund Balance$13,562,452$13,924,989▲ $362,537

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,469,532$11,097,469$20,567,001
Land$1,047,663-$1,047,663
Equipment$105,118$693,001$798,119
Leasehold Improvements$61,678$591,101$652,779
Other Land Buildings$37,270-$37,270
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Elton HendricksonPresident
Jon KotbraVice President
Jeffrey GuyMember
Jim WalkerMember
Joani KilberMember
Kristin MillerMember
Pastor Karla Coen TuffMember
Terry HansonSecretary
Adele LaudalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,758,378
Program Service Revenue
$1,534,888
Investment Income
$17,010
Other Revenue
$0
All Other Contributions
$114,794
Change in Net Assets
$-192,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,310,276
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,310,276
Total Revenue per Form 990
$3,310,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,492,966
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,130,266$36-$1,130,302
Depreciation Depletion$495,190--$495,190
Interest$310,191--$310,191
Fees for Services Management-$184,521-$184,521
Insurance$125,874--$125,874
Other Expenses$50,636$7-$50,636
Fees for Services Legal-$42,900-$42,900
Fees for Services Accounting-$39,902-$39,902
Office Expenses-$22,084-$22,084
Grants to Domestic Orgs$10,000--$10,000
Advertising-$594-$594
Total Functional Expenses$2,687,003$815,963$0$3,502,966

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,502,966
Total Expenses per Audited Statements$3,502,966
Total Expenses per Form 990$3,502,966
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Grand Forks Senior Center Association IncGrand Forks, ND501(c)(3)Donations for Meals$10,000
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
Developer Fee Payable$92,889
Deposits Held in Trust$86,146
Due to General Partner$72,083
Prepaid Revenue$24,018
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The project entered into an agreement with the housing authority of the city of grand forks, north dakota to act as its agent in the operation of the project's properties and to make all collections for it.”

Form 990, Part VI, Section A, Line 6

“The organization is equally owned by its 8 separate members.”

Form 990, Part VI, Section A, Line 7A

“The grand forks homes board elects its 9th board member from a pool of residents.”

Form 990, Part VI, Section A, Line 7B

“The members of the organization have the right to approve the addition/removal of a member of the governing body.”

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

“The organization does not have committees with the right to act on the behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The executive director of the grand forks housing authority, the finance manager, and an additional member of the board will review the 990.”

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

“Board members are cognizant of the interest rules and upon discovery of potential conflicts, it is discussed among board members and staff.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Grand Forks Homes Inc
EIN
45-6035977
Phone
7017462545
Address
1405 1ST AVE N, GRAND FORKS, ND 58203

Signing Officer

Name
Terry Hanson
Title
Secretary
Phone
7017462545
Signed
2020-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Hanson
Formed
1969
Legal Domicile
Nd
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Brady Martz and Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Brian Opsahl
Phone
7017754685
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING 1.”

Financial Statement Notes

PART X, LINE 2:

“The project and its nonprofit corporate owners are exempt from income taxes on exempt purpose income under section 501(c)(3) of the internal revenue code. The federal tax returns of the organization for december 31, 2019, 2018, 2017 and 2016 are subject to examination by the internal revenue service. The organization's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the organization has no significant uncertain tax positions that would be subject to change upon examination.”

Raw XML AppendixShowing 400 of 579 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.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27
IRS990/OtherExpensesGrp/ProgramServicesAmt0441503
IRS990/OtherExpensesGrp/ProgramServicesAmt150200
IRS990/OtherExpensesGrp/ProgramServicesAmt273143
IRS990/OtherExpensesGrp/ProgramServicesAmt350636
IRS990/OtherExpensesGrp/TotalAmt0936817
IRS990/OtherExpensesGrp/TotalAmt180805
IRS990/OtherExpensesGrp/TotalAmt273150
IRS990/OtherExpensesGrp/TotalAmt350636
IRS990/OtherLiabilitiesGrp/BOYAmt0168239
IRS990/OtherLiabilitiesGrp/EOYAmt0275136
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0173800
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074330
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077475
IRS990/PrincipalOfficerNm0TERRY HANSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0GROSS RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01534888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01534888
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01401620
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt018291
IRS990/PYInvestmentIncomeAmt016296
IRS990/PYOtherExpensesAmt03142015
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01474001
IRS990/PYRevenuesLessExpensesAmt0-268389
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03160306
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02891917
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-192690
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01534888
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01254316
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01511782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01758378
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01401620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01241395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01147572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01188989
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06737954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016296
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0440
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0520
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034782
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05849573
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99490
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt06737954
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01758378
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01401620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01241395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01147572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01188989
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06737954
IRS990ScheduleA/TotalSupportAmt06772736
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/BookValueAmt09469532
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011097469
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt020567001
IRS990ScheduleD/EquipmentGrp/BookValueAmt0105118
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0693001
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0798119
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03502966
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01047663
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01047663
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061678
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0591101
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0652779
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037270
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt186146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt272083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt392889
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO GENERAL PARTNER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEVELOPER FEE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03310276
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT AND ITS NONPROFIT CORPORATE OWNERS ARE EXEMPT FROM INCOME TAXES ON EXEMPT PURPOSE INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEDERAL TAX RETURNS OF THE ORGANIZATION FOR DECEMBER 31, 2019, 2018, 2017 AND 2016 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010721261
IRS990ScheduleD/TotalExpensesPerForm990Amt03502966
IRS990ScheduleD/TotalLiabilityAmt0275136
IRS990ScheduleD/TotalRevenuePerForm990Amt03310276
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03310276
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03502966
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DONATIONS FOR MEALS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GREATER GRAND FORKS SENIOR CENTER ASSOCIATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0450311269
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0620 4TH AVE S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GRAND FORKS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058201
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MEALS ARE PROVIDED TO TENANTS IN ONE OF OUR BUILDINGS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT ENTERED INTO AN AGREEMENT WITH THE HOUSING AUTHORITY OF THE CITY OF GRAND FORKS, NORTH DAKOTA TO ACT AS ITS AGENT IN THE OPERATION OF THE PROJECT'S PROPERTIES AND TO MAKE ALL COLLECTIONS FOR IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS EQUALLY OWNED BY ITS 8 SEPARATE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GRAND FORKS HOMES BOARD ELECTS ITS 9TH BOARD MEMBER FROM A POOL OF RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO APPROVE THE ADDITION/REMOVAL OF A MEMBER OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE RIGHT TO ACT ON THE BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR OF THE GRAND FORKS HOUSING AUTHORITY, THE FINANCE MANAGER, AND AN ADDITIONAL MEMBER OF THE BOARD WILL REVIEW THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD MEMBERS ARE COGNIZANT OF THE INTEREST RULES AND UPON DISCOVERY OF POTENTIAL CONFLICTS, IT IS DISCUSSED AMONG BOARD MEMBERS AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0GRAND FORKS HOMES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1GRAND FORKS HOMES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2GRAND FORKS HOMES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3GRAND FORKS HOMES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CHOM LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1FAITH AND HOPE LP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2GRAND FORKS HOMES - LAGRAVES PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3GFH WINTERLAND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4GFH CONTINENTAL LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0352525074
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1208853812
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2450310328
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3450310328
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN4371923394
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt04120691
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1277209

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,924,989
Liabilities
$12,740,127
Net assets
$1,184,862
Revenue
$3,310,276
Expenses
$3,502,966
Net income
-$192,690
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$14.8$0.70$4.35$5.51$1.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$13.9$0.50$4.27$4.91$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$13.9$1.14$4.69$5.00$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$14.1$1.45$4.47$4.42$0.05
2019Detailed filing. Detailed filing data is available for this year.$13.9$12.7$1.18$3.31$3.50$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$12.2$1.38$2.89$3.16$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$8.65$1.61$2.39$2.77$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.97$6.17$1.80$1.97$2.42$0.45
2015Detailed filing. Detailed filing data is available for this year.$6.03$3.84$2.19$1.90$1.88$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.13$3.99$2.14$2.24$1.79$0.45
2013Detailed filing. Detailed filing data is available for this year.$5.85$4.16$1.69$1.83$1.70$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$4.44$1.56$1.82
2011Summary only. Only limited summary data is available for this year.$5.98$4.52$1.46$1.78$1.83$0.06
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.14$4.63$1.52$1.83