Civic Intelligence

Southeast Technical Institute Housing Foundation

990 • Fiscal year 2015 • EIN 46-2014496

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 06, 2016

Organization ProfileN/A
2320 N Career AveSioux Falls, SD 57107

(605) 367-5751

Siviq Scores

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

Liabilities / Assets

90th percentile

0.94x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

4.61x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

43rd percentile

1.0%

Higher net margin than 43% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

30th percentile

-2.9%

Faster asset growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

0.2%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$5,041,278

Down $148,604 (-2.9%) from 2014

Net Assets

Up

$316,053

Up $25,103 (+8.6%) from 2014

Liabilities

Down

$4,725,225

Down $173,707 (-3.5%) from 2014

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin43rd percentile

Revenue

Up

$1,025,030

Up $1,800 (+0.2%) from 2014

Expenses

Up

$1,014,761

Up $39,375 (+4.0%) from 2014

Net Income

Down

$10,269

Down $37,575 (-79%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,812,152Liabilities 2010: $5,460,929Net Assets 2010: $351,2232010Assets 2011: $5,752,647Liabilities 2011: $5,334,169Net Assets 2011: $418,4782011Assets 2012: $5,693,327Liabilities 2012: $5,211,904Net Assets 2012: $481,4232012Assets 2013: $5,537,851Liabilities 2013: $5,068,604Net Assets 2013: $469,2472013Assets 2014: $5,189,882Liabilities 2014: $4,898,932Net Assets 2014: $290,9502014Assets 2015: $5,041,278Liabilities 2015: $4,725,225Net Assets 2015: $316,0532015Assets 2016: $4,276,171Liabilities 2016: $3,838,954Net Assets 2016: $437,2172016Assets 2017: $4,221,322Liabilities 2017: $3,612,762Net Assets 2017: $608,5602017Assets 2018: $4,188,636Liabilities 2018: $3,423,178Net Assets 2018: $765,4582018Assets 2019: $4,117,254Liabilities 2019: $3,235,720Net Assets 2019: $881,5342019Assets 2020: $3,885,930Liabilities 2020: $3,006,508Net Assets 2020: $879,4222020Assets 2021: $3,866,685Liabilities 2021: $2,782,335Net Assets 2021: $1,084,3502021Assets 2022: $3,865,095Liabilities 2022: $2,575,991Net Assets 2022: $1,289,1042022Assets 2023: $3,909,922Liabilities 2023: $2,502,289Net Assets 2023: $1,407,6332023Assets 2024: $4,109,481Liabilities 2024: $2,611,363Net Assets 2024: $1,498,1182024

Highlighted filing

2015

Assets$5,041,278
Liabilities$4,725,225
Net Assets$316,053
Open 2015 Filing

Operations Trend

Revenue Growth39th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $924,8652010Expenses 2011: $916,2982011Expenses 2012: $937,2892012Revenue 2013: $995,827Expenses 2013: $997,572Net Income 2013: -$1,7452013Revenue 2014: $1,023,230Expenses 2014: $975,386Net Income 2014: $47,8442014Revenue 2015: $1,025,030Expenses 2015: $1,014,761Net Income 2015: $10,2692015Revenue 2016: $1,021,177Expenses 2016: $1,120,601Net Income 2016: -$99,4242016Revenue 2017: $998,312Expenses 2017: $826,972Net Income 2017: $171,3402017Revenue 2018: $1,018,318Expenses 2018: $861,422Net Income 2018: $156,8962018Revenue 2019: $1,017,690Expenses 2019: $901,618Net Income 2019: $116,0722019Revenue 2020: $869,814Expenses 2020: $871,918Net Income 2020: -$2,1042020Revenue 2021: $1,057,444Expenses 2021: $852,516Net Income 2021: $204,9282021Revenue 2022: $1,090,164Expenses 2022: $885,410Net Income 2022: $204,7542022Revenue 2023: $1,119,419Expenses 2023: $1,000,890Net Income 2023: $118,5292023Revenue 2024: $1,259,117Expenses 2024: $1,168,632Net Income 2024: $90,4852024

Highlighted filing

2015

Revenue$1,025,030
Expenses$1,014,761
Net Income$10,269
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 6, 2016
Return Version
2015v2.1
Gross Receipts
$1,025,030
Mission and Program Overview

Mission

Develop, own, manage and operate student housing exclusively for the benefit of southeast technical institute, a public institution, or organizations closely related in purpose to southeast technical institute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,471,493$3,282,843▼ $188,650
Savings and Temporary Cash Investments$1,044,023$1,087,366▲ $43,343
Investments in Publicly Traded Securities$652,946$650,809▼ $2,137
Prepaid Expenses and Deferred Charges$11,222$12,233▲ $1,011
Accounts Receivable$9,398$7,227▼ $2,171
Cash and Non-Interest-Bearing Accounts$800$800→ $0
Total Assets$5,189,882$5,041,278▼ $148,604
Liabilities
Tax Exempt Bond Liabilities$4,725,473$4,583,017▼ $142,456
Other Liabilities$139,614$121,141▼ $18,473
Accounts Payable and Accrued Expenses$33,845$21,067▼ $12,778
Total Liabilities$4,898,932$4,725,225▼ $173,707
Net Assets / Fund Balance
Unrestricted Net Assets$1,544,929$1,616,227▲ $71,298
Temporarily Rstr Net Assets$-1,253,979$-1,300,174▼ $46,195
Total Net Assets Fund Balance$290,950$316,053▲ $25,103
Total Liabilities and Net Assets / Fund Balance$5,189,882$5,041,278▼ $148,604

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,095,185$1,845,943$4,941,128
Equipment$89,076$388,667$477,743
Other Land Buildings$98,582$23,689$122,271
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Tim HouskaPresident
Debbie RiterDirector
Jim SchmidtDirector
Paul FlogstadSecretary/tr
John SognVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Premier Systems INCReplace Roof5421 W 41ST ST 201, Sioux Falls, SD 57106$126,078
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,011,372
Investment Income
$5,102
Other Revenue
$8,556
Change in Net Assets
$10,269

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,025,030
Revenue Not Reported on Form 990
$2,414
Total Revenue per Audited Statements
$1,027,444
Total Revenue per Form 990
$1,025,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,014,761
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$268,968--$268,968
Depreciation Depletion$217,128--$217,128
Payments to Affiliates$178,545--$178,545
All Other Expenses$130,096$582-$130,678
Other Expenses$27,795$31,354-$27,795
Insurance$20,695--$20,695
Fees for Services Accounting-$19,378-$19,378
Information Technology$2,173--$2,173
Fees for Services Legal-$57-$57
Total Functional Expenses$963,390$51,371$0$1,014,761

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,014,761
Expenses per Audited Statements$1,002,341
Total Expenses per Audited Statements$1,002,341
Expenses Not Reported on Financial Statements$12,420
Other Expense Adjustments$12,420
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
Accrued Expenses - Phase 2$66,484
Accrued Expenses - Phase 1$47,307
Security Deposits Payable - Phase 1$7,000
Security Deposits Payable - Phase 2$350

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASeries 2004a Housing Revenue Bonds2004-10-01$3,201,742Construction of 100 bed housng unit

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,201,742--$171,519

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Prior to filing the form 990, it is reviewed by the accounting manager and the vice president of finance & operations.”

Form 990, Page 6, Part VI, Line 19

“The governing documents are available at the business office at southeast technical institute for review upon request.”

Filing and Contact Details

Filer

Filer Name
Southeast Technical Institute
EIN
46-2014496
Phone
6053675751
Address
2320 N CAREER AVE, SIOUX FALLS, SD 57107

Signing Officer

Name
Tim Houska
Title
President
Phone
6053675751
Signed
2016-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Houska
Formed
2001
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Brandt Solomon & Anderson Llp
Address
622 S MINNESOTA AVE, SIOUX FALLS, SD 57104-4825
Preparer
Barbara a Whetham
Phone
6053360935
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Utilities - water & sewer 27,683 0 0 bad debt expense 25,366 0 0 cable tv 17,056 0 0 garbage collection 16,529 0 0 bond fees - sdhda 14,023 0 0 utilities - natural gas 9,027 0 0 repairs & maintenance - g 8,533 0 0 supplies 3,335 0 0 trustee fees 2,504 0 0 telephone 2,499 0 0 activities 2,420 0 0 office expense 1,121 0 0 meals & entertainment 0 582 0”

Form 990, Part XI, Line 9

“Book tax diff - amortization 12,420 total 12,420”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Bond fee amortization 12,420”

Raw XML AppendixShowing 400 of 504 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/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt010269
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01011372
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01044023
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01087366
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt01025030
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt01023230
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt0204703
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt0202433
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt01025030
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt01023230
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt0480784
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt0434649
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt0339543
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt0386148
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0386148
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0328226
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0328226
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0328226
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt057654
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0328226
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt0328226
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt01018389
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt01018389
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt0396122
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt0724348
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt01414511
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt01018389
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt0396122
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt0724348
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt051371
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0950965
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0328226
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0950965
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt01018389
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt016053
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE 950,965 OF MONETARY SUPPORT REPRESENTS PROGRAM EXPENSES PAID FOR BY THE ORGANIZATION RELATED TO THE STUDENT HOUSING PROVIDED FOR THE EXCLUSIVE BENEFIT OF SOUTHEASTERN TECHINICAL INSTITUTE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt01718373
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt01672340
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0651389
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0608944
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt01066984
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt01063396
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt025776
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt025085
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt01692597
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt01647255
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt059241
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt057654
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt01718373
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt01672340
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt059241
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt057654
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0466002586
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0904771
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTHEAST TECHNICAL INSTITUTE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0904771
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03095185
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01845943
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04941128
IRS990ScheduleD/EquipmentGrp/BookValueAmt089076
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0388667
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0477743
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012420
IRS990ScheduleD/ExpensesSubtotalAmt01002341
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02414
IRS990ScheduleD/OtherExpensesNotIncludedAmt012420
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098582
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023689
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0122271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt066484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt147307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES - PHASE 2
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES - PHASE 1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS PAYABLE - PHASE 1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSITS PAYABLE - PHASE 2
IRS990ScheduleD/RevenueNotReportedAmt02414
IRS990ScheduleD/RevenueSubtotalAmt01025030
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOND FEE AMORTIZATION 12,420
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03282843
IRS990ScheduleD/TotalExpensesPerForm990Amt01014761
IRS990ScheduleD/TotalLiabilityAmt0121141
IRS990ScheduleD/TotalRevenuePerForm990Amt01025030
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01027444
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01002341
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02004-10-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0460318668
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03201742
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SERIES 2004A HOUSING REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0SD HOUSING DEVELOPMENT-CITIBANK
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION OF 100 BED HOUSNG UNIT
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,041,278
Liabilities
$4,725,225
Net assets
$316,053
Revenue
$1,025,030
Expenses
$1,014,761
Net income
$10,269
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.11$2.61$1.50$1.26$1.17$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.91$2.50$1.41$1.12$1.00$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.87$2.58$1.29$1.09$0.89$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.87$2.78$1.08$1.06$0.85$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.89$3.01$0.88$0.87$0.87$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.12$3.24$0.88$1.02$0.90$0.12
2018Detailed filing. Detailed filing data is available for this year.$4.19$3.42$0.77$1.02$0.86$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.22$3.61$0.61$1.00$0.83$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.28$3.84$0.44$1.02$1.12$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.04$4.73$0.32$1.03$1.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.19$4.90$0.29$1.02$0.98$0.05
2013Detailed filing. Detailed filing data is available for this year.$5.54$5.07$0.47$1.00$1.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$5.21$0.48$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.75$5.33$0.42$0.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$5.46$0.35$0.92