Civic Intelligence

Forman Housing Association

990EZ • Fiscal year 2017 • EIN 45-6038728

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 26, 2018

Organization ProfileN/A
610 6th Street SWForman, ND 58032-9701

(701) 724-3967

Siviq Scores

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

Liabilities / Assets

88th percentile

0.34x

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.48x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

57th percentile

6.1%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.8%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-6.5%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$118,323

Down $2,111 (-1.8%) from 2016

Net Assets

Up

$78,422

Up $5,029 (+6.9%) from 2016

Liabilities

Down

$39,901

Down $7,140 (-15%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin57th percentile

Revenue

Down

$82,755

Down $5,787 (-6.5%) from 2016

Expenses

Down

$77,726

Down $851 (-1.1%) from 2016

Net Income

Down

$5,029

Down $4,936 (-50%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$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

2017

Assets$118,323
Liabilities$39,901
Net Assets$78,422
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$82,755
Expenses$77,726
Net Income$5,029
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 26, 2018
Return Version
2017v2.3
Gross Receipts
$82,755
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.-$62,965
We provide housing to low income and elderly tenant in buildings that are financed through the USDAs Rural Development.-$14,761
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave MartinsenPresident-$0--
Wally 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
2018-03-26
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

“LAUNDRY 2,480”

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

“Rural development subsidy 3,210”

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

“Interest 3,146”

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

“Depreciation 13,014”

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

“Advertising 484”

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

“Office Supplies 754”

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

“Workmans Compensation 250”

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

“Other office administrative 1,429”

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

“MORTGAGE PAYABLE Beginning of year 42,955, End of year 35,238”

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

“TENANT SECURITY DEPOSITS Beginning of year 4,086, End of year 4,663”

Raw XML Appendix127 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Ann Nelson
IRS990EZ/BooksInCareOfDetail/PhoneNum07017243967
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0610 6th St SW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Forman
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0580329701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018020
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028922
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05029
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01425
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0120434
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0118323
IRS990EZ/GrossReceiptsAmt082755
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt06
IRS990EZ/LandAndBuildingsGrp/BOYAmt0102414
IRS990EZ/LandAndBuildingsGrp/EOYAmt089401
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073393
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078422
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073393
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078422
IRS990EZ/OccupancyRentUtltsAndMaintAmt042187
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dave Martinsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Wally Herman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Benita Ziegler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019077
IRS990EZ/OtherRevenueTotalAmt05690
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide affordable housing for low-income and elderly tenants.
IRS990EZ/ProgramServiceRevenueAmt077059
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/ProgramServiceExpensesAmt062965
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt114761
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt015037
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt047041
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039901
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077726
IRS990EZ/TotalProgramServiceExpensesAmt077726
IRS990EZ/TotalRevenueAmt082755
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAUNDRY 2,480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RURAL DEVELOPMENT SUBSIDY 3,210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest 3,146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 13,014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising 484
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office Supplies 754
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Workmans Compensation 250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other office administrative 1,429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MORTGAGE PAYABLE Beginning of year 42,955, End of year 35,238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TENANT SECURITY DEPOSITS Beginning of year 4,086, End of year 4,663
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
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 II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORMAN HOUSING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FORM
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
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AD3651C2608F5AA134321C1DB2D2913AD5DC9B05
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AD3651C2608F5AA134321C1DB2D2913AD5DC9B05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt063.141.4.43
ReturnHeader/FilingSecurityInformation/IPDt02018-03-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:39:42
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/PreparationDt02018-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Versella A Ruff-Nelson
ReturnHeader/ReturnTs02018-03-26T12:42:33-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,323
Liabilities
$39,901
Net assets
$78,422
Revenue
$82,755
Expenses
$77,726
Net income
$5,029
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
2017Detailed filing. Detailed filing data is available for this year.$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