Civic Intelligence

Prophetstown Good Samaritan Housing Inc.

990 • Fiscal year 2016 • EIN 46-0392943

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 21, 2017

4800 West 57th Street PO Box 5038Sioux Falls, SD 57117-5038

(605) 362-3100

Siviq Scores

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

Liabilities / Assets

97th percentile

2.17x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

3.44x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

100th percentile

$794,251

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 345.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

50th percentile

1.8%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$364,628

Up $6,414 (+1.8%) from 2015

Net Assets

Up

-$428,089

Up $36,676 (+7.9%) from 2015

Liabilities

Down

$792,717

Down $30,262 (-3.7%) from 2015

Revenue

Up

$230,188

Up $22,056 (+11%) from 2015

Expenses

Up

$193,512

Up $14,774 (+8.3%) from 2015

Net Income

Up

$36,676

Up $7,282 (+25%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $390,627Liabilities 2010: $872,232Net Assets 2010: -$481,6052010Assets 2011: $369,114Liabilities 2011: $855,111Net Assets 2011: -$485,9972011Assets 2012: $351,878Liabilities 2012: $857,076Net Assets 2012: -$505,1982012Assets 2013: $339,105Liabilities 2013: $866,433Net Assets 2013: -$527,3282013Assets 2014: $364,940Liabilities 2014: $859,099Net Assets 2014: -$494,1592014Assets 2015: $358,214Liabilities 2015: $822,979Net Assets 2015: -$464,7652015Assets 2016: $364,628Liabilities 2016: $792,717Net Assets 2016: -$428,0892016Assets 2017: $349,574Liabilities 2017: $763,629Net Assets 2017: -$414,0552017Assets 2018: $357,058Liabilities 2018: $734,165Net Assets 2018: -$377,1072018Assets 2019: $349,265Liabilities 2019: $693,362Net Assets 2019: -$344,0972019Assets 2020: $351,039Liabilities 2020: $656,334Net Assets 2020: -$305,2952020Assets 2021: $365,403Liabilities 2021: $634,358Net Assets 2021: -$268,9552021Assets 2022: $370,040Liabilities 2022: $596,050Net Assets 2022: -$226,0102022Assets 2023: $6,269Liabilities 2023: $0Net Assets 2023: $6,2692023Assets 2024: $22Liabilities 2024: $0Net Assets 2024: $222024

Highlighted filing

2016

Assets$364,628
Liabilities$792,717
Net Assets-$428,089

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $195,0882010Expenses 2011: $194,2772011Expenses 2012: $195,1462012Revenue 2013: $172,000Expenses 2013: $194,130Net Income 2013: -$22,1302013Revenue 2014: $220,018Expenses 2014: $186,849Net Income 2014: $33,1692014Revenue 2015: $208,132Expenses 2015: $178,738Net Income 2015: $29,3942015Revenue 2016: $230,188Expenses 2016: $193,512Net Income 2016: $36,6762016Revenue 2017: $206,254Expenses 2017: $192,220Net Income 2017: $14,0342017Revenue 2018: $223,920Expenses 2018: $186,972Net Income 2018: $36,9482018Revenue 2019: $228,161Expenses 2019: $195,151Net Income 2019: $33,0102019Revenue 2020: $218,630Expenses 2020: $179,828Net Income 2020: $38,8022020Revenue 2021: $206,492Expenses 2021: $170,152Net Income 2021: $36,3402021Revenue 2022: $195,772Expenses 2022: $152,827Net Income 2022: $42,9452022Revenue 2023: $630,768Expenses 2023: $123,490Net Income 2023: $507,2782023Revenue 2024: $2,005Expenses 2024: $345Net Income 2024: $1,6602024

Highlighted filing

2016

Revenue$230,188
Expenses$193,512
Net Income$36,676
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 21, 2017
Return Version
2016v3.0
Gross Receipts
$230,757
Mission and Program Overview

Mission

To provide low income housing to elderly and disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$290,372$294,429▲ $4,057
Savings and Temporary Cash Investments$11,932$25,419▲ $13,487
Accounts Receivable$881$1,037▲ $156
Prepaid Expenses and Deferred Charges$659$683▲ $24
Total Assets$358,214$364,628▲ $6,414
Other Assets Total$54,370$43,060▼ $11,310
Liabilities
Mortgage Notes Payable Secured by Investment Property$678,370$654,951▼ $23,419
Other Liabilities$83,700$83,062▼ $638
Accounts Payable and Accrued Expenses$60,831$54,698▼ $6,133
Deferred Revenue$78$6▼ $72
Total Liabilities$822,979$792,717▼ $30,262
Net Assets / Fund Balance
Unrestricted Net Assets$-464,765$-428,089▲ $36,676
Total Net Assets Fund Balance$-464,765$-428,089▲ $36,676
Total Liabilities and Net Assets / Fund Balance$358,214$364,628▲ $6,414

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$214,129$684,358$898,487
Equipment$16,206$49,045$65,251
Other Land Buildings$10,598$47,185$57,783
Land$53,496-$53,496
Other Assets Org$36,843--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Misty Ham-quickAssistant Secretary$60,469$60,469

Board Members and Trustees

NameTitle
David J HorazdovskyChairperson of the Board
Thomas a SyversonPRESIDENT 1/16-10/16; VP 11/16
Raye Nae NylanderVP 1/16-10/16; PRESIDENT 11/16
H Theodore GrindalVice Chairperson
John R RacekVice Chairperson
Connie March-curtisDirector
Dennis SteneDirector
Pat UlherDirector
Steve SwansonDirector
Rev John F HoltDirector Until 6/16
Thomas J KapustaSecretary
G Grant TribbleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$557
Program Service Revenue
$230,122
Investment Income
$-491
Other Revenue
$0
Change in Net Assets
$36,676

Audited Revenue Reconciliation

Revenue per Audited Statements
$230,757
Revenue Not Reported on Financial Statements
$-569
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-569
Total Revenue per Audited Statements
$230,757
Total Revenue per Form 990
$230,188
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,146
Salaries, Compensation, and Employee Benefits$16,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$55,770--$55,770
Occupancy$24,038--$24,038
Depreciation Depletion$22,213--$22,213
Other Salaries and Wages$15,043--$15,043
Fees for Services Management-$11,518-$11,518
Fees for Services Other$11,150--$11,150
Insurance$8,924--$8,924
Fees for Services Accounting-$8,015-$8,015
Office Expenses$4,658--$4,658
Advertising$2,085--$2,085
Conferences and Meetings$1,436--$1,436
Payroll Taxes$1,096--$1,096
Fees for Services Legal-$568-$568
All Other Expenses$527--$527
Other Expenses$237--$237
Other Employee Benefits$227--$227
Total Functional Expenses$173,411$20,101$0$193,512

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$194,081
Expenses per Audited Statements$193,512
Total Expenses per Form 990$193,512
Expenses Not Reported on Form 990$569
Expenses Not Reported on Financial Statements$0
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
Related Party Payable$76,845
Tenant Security Deposits$6,217
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 management duties of the project have been delegated to the project's sponsor, the evangelical lutheran good samaritan society (telgss). Telgss is paid a management fee equal to a percentage of revenue other than investment and gift income. The fee has been approved by the us department of housing and urban development.

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

The board members are appointed by the directors of the evangelical lutheran good samaritan society.

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

Articles of incorporation and by-law changes require the approval of the board of the evangelical lutheran good samaritan society.

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

The organization does not have committees that have the authority to act on behalf of the governing body.

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

Accountants with the managing agent, the evangelical lutheran good samaritan society, review the 990 in detail prior to it being filed. Any questions are resolved with the treasurer and/or the president of the corporation prior to the 990 being filed. A copy of the 990 is provided to the corporation's officers prior to it being filed.

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

The organization has a conflict of interest policy that covers substantially all employees. All employees are required to report any potential conflicts to the appropriate individual as indicated in the policy. All potential conflicts are investigated to determine if a conflict exists. If approval is given to proceed with the action, a copy of the approval is documented in the employee's personnel file. The organization asks that all officers and directors comply with the irs conflict of interest and disclosure certification. The organization requires all officers and directors to provide a signed copy to the corporation's main office annually.

Form 990, Part VI, Section C, Line 19

The project makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990, Part VI, Lines 15A and 15B

The organization does not employ a ceo, an executive director, a top management official, or any key employees. The management functions of the organization have been outsourced to the organization's sponsor, the evangelical lutheran good samaritan society.

Filing and Contact Details

Filer

Filer Name
Prophetstown Good Samaritan Housing Inc
EIN
46-0392943
Phone
6053623100
Address
4800 WEST 57TH STREET PO BOX 5038, SIOUX FALLS, SD 57117-5038
Doing Business As
Prophet Manor

Signing Officer

Name
G Grant Tribble
Title
Treasurer
Phone
6053623100
Signed
2017-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
G Grant Tribble
Formed
1986
Legal Domicile
Sd
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
7

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH STREET SUITE 500, SIOUX FALLS, SD 57104
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The project is organized as a south dakota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(3) and has been determined not to be a private foundation. The project is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the project is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The project has determined it is not subject to unrelated business income for the years ended december 31, 2016 and 2015 and has not filed an exempt organization business income tax return (form 990t) with the irs. The project believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The project will recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if incurred.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on sale of assets -569.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on sale of assets 569.

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IRS990/GainOrLossGrp/OtherAmt0-569
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0230757
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt08924
IRS990/InsuranceGrp/TotalAmt08924
IRS990/InterestGrp/ProgramServicesAmt055770
IRS990/InterestGrp/TotalAmt055770
IRS990/InvestmentIncomeGrp/ExclusionAmt078
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt078
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0780588
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0290372
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0294429
IRS990/LandBldgEquipCostOrOtherBssAmt01075017
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0569
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND DISABLED PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0678370
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0654951
IRS990/NetAssetsOrFundBalancesBOYAmt0-464765
IRS990/NetAssetsOrFundBalancesEOYAmt0-428089
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-569
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-569
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt024038
IRS990/OccupancyGrp/TotalAmt024038
IRS990/OfficeExpensesGrp/ProgramServicesAmt04658
IRS990/OfficeExpensesGrp/TotalAmt04658
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054370
IRS990/OtherAssetsTotalGrp/EOYAmt043060
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0227
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227
IRS990/OtherExpensesGrp/Desc0CONTRACTS - SERVICE PER
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt026007
IRS990/OtherExpensesGrp/ProgramServicesAmt1237
IRS990/OtherExpensesGrp/TotalAmt026007
IRS990/OtherExpensesGrp/TotalAmt1237
IRS990/OtherLiabilitiesGrp/BOYAmt083700
IRS990/OtherLiabilitiesGrp/EOYAmt083062
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015043
IRS990/OtherSalariesAndWagesGrp/TotalAmt015043
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01096
IRS990/PayrollTaxesGrp/TotalAmt01096
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0683
IRS990/PrincipalOfficerNm0G GRANT TRIBBLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL CHARGES
IRS990/ProgramServiceRevenueGrp/Desc1ANCILLARY CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0228487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0228487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11635
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt092
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-622
IRS990/PYOtherExpensesAmt0158997
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0208662
IRS990/PYRevenuesLessExpensesAmt029394
IRS990/PYSalariesCompEmpBnftPaidAmt019741
IRS990/PYTotalExpensesAmt0178738
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0208132
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt036676
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0557
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0230122
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011932
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025419
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03793
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt041142
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0155
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0230122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0208662
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0183299
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0168198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0175748
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0966029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt078
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0155
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.54600
IRS990ScheduleA/PublicSupportPY509Pct00.55230
IRS990ScheduleA/PublicSupportTotal509Amt0550044
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0112966
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt097185
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt081932
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt079171
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt085873
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0457127
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0112966
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt097185
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt081932
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt079171
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt085873
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0457127
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0230679
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0208754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0219999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0171991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0175748
IRS990ScheduleA/Total509Grp/TotalAmt01007171
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0230757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0208774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0220018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0172000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0175777
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01007326
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0214129
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0684358
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0898487
IRS990ScheduleD/EquipmentGrp/BookValueAmt016206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049045
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065251
IRS990ScheduleD/ExpensesNotReportedAmt0569
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0193512
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt053496
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053496
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06217
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt136843
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt0569
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010598
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047185
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt057783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt176845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-569
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-569
IRS990ScheduleD/RevenueSubtotalAmt0230757
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS ORGANIZED AS A SOUTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE PROJECT IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE PROJECT IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE PROJECT HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015 AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. THE PROJECT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE PROJECT WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF ASSETS -569.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON SALE OF ASSETS 569.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$6.31$1.23$5.07
2022Detailed filing. Detailed filing data is available for this year.$3.70$5.96$2.26$1.96$1.53$0.43
2021Detailed filing. Detailed filing data is available for this year.$3.65$6.34$2.69$2.06$1.70$0.36
2020Detailed filing. Detailed filing data is available for this year.$3.51$6.56$3.05$2.19$1.80$0.39
2019Detailed filing. Detailed filing data is available for this year.$3.49$6.93$3.44$2.28$1.95$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.57$7.34$3.77$2.24$1.87$0.37
2017Detailed filing. Detailed filing data is available for this year.$3.50$7.64$4.14$2.06$1.92$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.65$7.93$4.28$2.30$1.94$0.37
2015Detailed filing. Detailed filing data is available for this year.$3.58$8.23$4.65$2.08$1.79$0.29
2014Detailed filing. Detailed filing data is available for this year.$3.65$8.59$4.94$2.20$1.87$0.33
2013Detailed filing. Detailed filing data is available for this year.$3.39$8.66$5.27$1.72$1.94$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$8.57$5.05$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$8.55$4.86$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$8.72$4.82$1.95