Civic Intelligence

Forman Housing Association

EIN 45-6038728 • 501(c)4 • Forman, ND

Profile

To provide affordable housing for low-income and elderly tenants.

610 6th Street SWForman, ND 58032-9701
Siviq Scores

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

Liabilities / Assets

88th percentile

0.33x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

0.36x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

55th percentile

3.9%

Higher net margin than 55% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$9,600

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

63rd percentile

4.0%

Faster asset growth than 63% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

4.0%

Faster revenue growth than 59% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$89,171

Down $1,659 (-1.8%) from 2022

Liabilities

Down

$32,676

Down $3,216 (-9.0%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue89th percentileNet Margin55th percentile

Revenue

Up

$87,453

Up $4,236 (+5.1%) from 2022

Expenses

Up

$85,747

Up $4,004 (+4.9%) from 2022

Net Income

Up

$1,706

Up $232 (+16%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$150K$100K$50K$0Assets 2011: $139,979Liabilities 2011: $86,0352011Assets 2012: $136,259Liabilities 2012: $80,3512012Assets 2013: $132,447Liabilities 2013: $73,5842013Assets 2014: $121,492Liabilities 2014: $65,1462014Assets 2015: $121,234Liabilities 2015: $57,8062015Assets 2016: $120,434Liabilities 2016: $47,041Net Assets 2016: $73,3932016Assets 2017: $118,323Liabilities 2017: $39,901Net Assets 2017: $78,4222017Assets 2018: $105,291Liabilities 2018: $51,556Net Assets 2018: $53,7352018Assets 2019: $92,974Liabilities 2019: $46,5962019Assets 2020: $91,905Liabilities 2020: $41,8932020Assets 2021: $93,636Liabilities 2021: $40,173Net Assets 2021: $53,4632021Assets 2022: $90,830Liabilities 2022: $35,8922022Assets 2023: $89,171Liabilities 2023: $32,6762023

Highlighted filing

2023

Assets$89,171
Liabilities$32,676
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $76,833Expenses 2011: $82,430Net Income 2011: -$5,5972011Revenue 2012: $82,046Expenses 2012: $80,082Net Income 2012: $1,9642012Revenue 2013: $83,252Expenses 2013: $80,297Net Income 2013: $2,9552013Revenue 2014: $80,931Expenses 2014: $83,448Net Income 2014: -$2,5172014Revenue 2015: $85,838Expenses 2015: $78,756Net Income 2015: $7,0822015Revenue 2016: $88,542Expenses 2016: $78,577Net Income 2016: $9,9652016Revenue 2017: $82,755Expenses 2017: $77,726Net Income 2017: $5,0292017Revenue 2018: $83,263Expenses 2018: $107,950Net Income 2018: -$24,6872018Revenue 2019: $77,724Expenses 2019: $85,081Net Income 2019: -$7,3572019Revenue 2020: $91,262Expenses 2020: $87,628Net Income 2020: $3,6342020Revenue 2021: $84,428Expenses 2021: $80,981Net Income 2021: $3,4472021Revenue 2022: $83,217Expenses 2022: $81,743Net Income 2022: $1,4742022Revenue 2023: $87,453Expenses 2023: $85,747Net Income 2023: $1,7062023

Highlighted filing

2023

Revenue$87,453
Expenses$85,747
Net Income$1,706
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$89,171
Liabilities
$32,676
Net assets
-
Revenue
$87,453
Expenses
$85,747
Net income
$1,706
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.89$0.33$0.87$0.86$0.02
2022Summary only. Only limited summary data is available for this year.$0.91$0.36$0.83$0.82$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.40$0.53$0.84$0.81$0.03
2020Summary only. Only limited summary data is available for this year.$0.92$0.42$0.91$0.88$0.04
2019Summary only. Only limited summary data is available for this year.$0.93$0.47$0.78$0.85$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.05$0.52$0.54$0.83$1.08$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.40$0.78$0.83$0.78$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.47$0.73$0.89$0.79$0.10
2015Summary only. Only limited summary data is available for this year.$1.21$0.58$0.86$0.79$0.07
2014Summary only. Only limited summary data is available for this year.$1.21$0.65$0.81$0.83$0.03
2013Summary only. Only limited summary data is available for this year.$1.32$0.74$0.83$0.80$0.03
2012Summary only. Only limited summary data is available for this year.$1.36$0.80$0.82$0.80$0.02
2011Summary only. Only limited summary data is available for this year.$1.40$0.86$0.77$0.82$0.06
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 8, 2019
Return Version
2018v3.1
Gross Receipts
$83,263
Mission and Program Overview

Mission

To provide affordable housing for low-income and elderly tenants

To provide affordable housing for low-income and elderly tenants.

Program Services

DescriptionGrantsExpenses
We are a housing project that offers 16 apartments to low income and elderly tenants.-$98,272
We provide housing to low income and elderly tenant in buildings that are financed through the USDAs Rural Development.-$9,678
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave MartinsenPresident-$0--
Wallace HermanVice President-$0--
Benita ZieglerSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Forman Housing Association
EIN
45-6038728
Phone
7017243967
Address
610 6TH STREET SW, FORMAN, ND 58032-9701

Signing Officer

Name
Ann Nelson
Title
Treasurer
Signed
2019-04-08
Discuss with paid preparer
Yes

Preparer

Firm
V Nelson CPA Ltd
Address
516 Main Ave, Oakes, ND 58474
Preparer
Versella A Nelson
Phone
7017423375
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

“LAUNDRY 2,047”

Form 990-EZ, Part I, Line 8, Other Revenue

“DEBT DISCHARGE 12”

Form 990-EZ, Part I, Line 8, Other Revenue

“REFUND 99”

Form 990-EZ, Part I, Line 16, Other Expenses

“Interest 673”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 12,637”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising 527”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Supplies 586”

Form 990-EZ, Part I, Line 16, Other Expenses

“Overage 324”

Form 990-EZ, Part I, Line 16, Other Expenses

“Other Employee Costs taxes 1,339”

Form 990-EZ, Part I, Line 16, Other Expenses

“Workmans Compensation 250”

Form 990-EZ, Part I, Line 16, Other Expenses

“Other office administrative 279”

Form 990-EZ, Part I, Line 16, Other Expenses

“Repair 23,615”

Form 990-EZ, Part II, Line 26, Liabilities

“MORTGAGE PAYABLE Beginning of year 35,238, End of year 33,965”

Form 990-EZ, Part II, Line 26, Liabilities

“TENANT SECURITY DEPOSITS Beginning of year 4,663, End of year 4,091”

Form 990-EZ, Part II, Line 26, Liabilities

“JDA LOAN Beginning of year 0, End of year 13,500”

Raw XML Appendix138 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/CityNm0Forman
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0580329701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028922
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0925
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt053735
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt040230
IRS990EZ/OtherRevenueTotalAmt02158
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide affordable housing for low-income and elderly tenants.
IRS990EZ/ProgramServiceRevenueAmt081099
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We are a housing project that offers 16 apartments to low income and elderly tenants.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1We provide housing to low income and elderly tenant in buildings that are financed through the USDAs Rural Development.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt098272
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19678
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt017109
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt039901
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051556
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0107950
IRS990EZ/TotalProgramServiceExpensesAmt0107950
IRS990EZ/TotalRevenueAmt083263
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY 2,047
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEBT DISCHARGE 12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REFUND 99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest 673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 12,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising 527
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Supplies 586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Overage 324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Employee Costs taxes 1,339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Workmans Compensation 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other office administrative 279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Repair 23,615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MORTGAGE PAYABLE Beginning of year 35,238, End of year 33,965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TENANT SECURITY DEPOSITS Beginning of year 4,663, End of year 4,091
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14JDA LOAN Beginning of year 0, End of year 13,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANN NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORMAN HOUSING ASSOCIATION
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ReturnHeader/Filer/EIN0456038728
ReturnHeader/Filer/PhoneNum07017243967
ReturnHeader/Filer/USAddress/AddressLine1Txt0610 6TH STREET SW
ReturnHeader/Filer/USAddress/CityNm0FORMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd0580329701
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt063.141.4.21
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:52:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0V Nelson CPA Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0516 Main Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oakes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058474
ReturnHeader/PreparerPersonGrp/PhoneNum07017423375
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Versella A Nelson
ReturnHeader/ReturnTs02019-04-08T10:48:29-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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