Civic Intelligence

Altus Residential Inc.

990 • Fiscal year 2015 • EIN 46-2453550

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 09, 2016

PO Box 1477Gadsden, AL 35902

(256) 547-4407

Siviq Scores

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

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

45th percentile

1.3%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$176,286

Up $21,020 (+14%) from 2014

Net Assets

Up

$150,316

Up $10,290 (+7.3%) from 2014

Liabilities

Up

$25,970

Up $10,730 (+70%) from 2014

Revenue

Down

$768,560

Down $269,771 (-26%) from 2014

Expenses

Down

$758,270

Down $268,018 (-26%) from 2014

Net Income

Down

$10,290

Down $1,753 (-15%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $164,220Liabilities 2013: $36,237Net Assets 2013: $127,9832013Assets 2014: $155,266Liabilities 2014: $15,240Net Assets 2014: $140,0262014Assets 2015: $176,286Liabilities 2015: $25,970Net Assets 2015: $150,3162015Assets 2016: $176,229Liabilities 2016: $16,314Net Assets 2016: $159,9152016Assets 2017: $201,546Liabilities 2017: $26,417Net Assets 2017: $175,1292017Assets 2018: $216,213Liabilities 2018: $33,432Net Assets 2018: $182,7812018Assets 2019: $231,357Liabilities 2019: $41,520Net Assets 2019: $189,8372019Assets 2020: $344,612Liabilities 2020: $62,424Net Assets 2020: $282,1882020Assets 2021: $519,523Liabilities 2021: $43,562Net Assets 2021: $475,9612021Assets 2022: $618,461Liabilities 2022: $28,019Net Assets 2022: $590,4422022Assets 2023: $633,778Liabilities 2023: $11,944Net Assets 2023: $621,8342023Assets 2025: $1,408,506Liabilities 2025: $15,719Net Assets 2025: $1,392,7872025

Highlighted filing

2015

Assets$176,286
Liabilities$25,970
Net Assets$150,316

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2013: $529,683Expenses 2013: $401,700Net Income 2013: $127,9832013Revenue 2014: $1,038,331Expenses 2014: $1,026,288Net Income 2014: $12,0432014Revenue 2015: $768,560Expenses 2015: $758,270Net Income 2015: $10,2902015Revenue 2016: $704,271Expenses 2016: $694,672Net Income 2016: $9,5992016Revenue 2017: $920,637Expenses 2017: $905,423Net Income 2017: $15,2142017Revenue 2018: $988,225Expenses 2018: $980,573Net Income 2018: $7,6522018Revenue 2019: $954,693Expenses 2019: $947,637Net Income 2019: $7,0562019Revenue 2020: $1,203,130Expenses 2020: $1,110,779Net Income 2020: $92,3512020Revenue 2021: $1,143,089Expenses 2021: $949,316Net Income 2021: $193,7732021Revenue 2022: $994,476Expenses 2022: $879,995Net Income 2022: $114,4812022Revenue 2023: $903,099Expenses 2023: $871,707Net Income 2023: $31,3922023Revenue 2025: $1,396,112Expenses 2025: $1,005,713Net Income 2025: $390,3992025

Highlighted filing

2015

Revenue$768,560
Expenses$758,270
Net Income$10,290
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 9, 2016
Return Version
2014v6.0
Gross Receipts
$768,560
Mission and Program Overview

Mission

To provide residential habilitation services to disabled citizens in northeast alabama

To provide residential habilitation services to disabled citizens in northeast alabama.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$120,959$106,403▼ $14,556
Cash and Non-Interest-Bearing Accounts$33,563$69,351▲ $35,788
Land, Buildings, and Equipment, Net$744$532▼ $212
Total Assets$155,266$176,286▲ $21,020
Liabilities
Accounts Payable and Accrued Expenses$12,840$25,153▲ $12,313
Other Liabilities$2,400$817▼ $1,583
Total Liabilities$15,240$25,970▲ $10,730
Net Assets / Fund Balance
Unrestricted Net Assets$140,026$150,316▲ $10,290
Total Net Assets Fund Balance$140,026$150,316▲ $10,290
Total Liabilities and Net Assets / Fund Balance$155,266$176,286▲ $21,020

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$532$1,205$1,737
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joey JonesPresident
Keith MartinDirector
Phillip CarrExecutive Di
Kendall WillmoreSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$30
Program Service Revenue
$768,530
Investment Income
$0
Other Revenue
$0
All Other Contributions
$30
Change in Net Assets
$10,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$401,257
Other Expenses$357,013
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,691--$358,691
Fees for Services Management-$174,500-$174,500
Occupancy$151,844--$151,844
Payroll Taxes$34,328--$34,328
Other Employee Benefits$8,238--$8,238
Insurance$7,535--$7,535
All Other Expenses$5,734$1,558-$7,292
Other Expenses$3,584$2,973-$2,973
Fees for Services Accounting-$795-$795
Travel$240--$240
Depreciation Depletion-$212-$212
Total Functional Expenses$575,140$183,130$0$758,270
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-MgmtContract Service IncNo$702,704
-MgmtManagement ContractNo$174,500
-MgmtRent ExpenseNo$134,640
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$817
Payroll Tax Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Form 990 is reviewed by the executive director and shared with the governing body.

Form 990, Page 6, Part VI, Line 12C

Periodic review by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents made available upon request.

Filing and Contact Details

Filer

Filer Name
Altus Residential
EIN
46-2453550
Phone
2565474407
Address
PO BOX 1477, GADSDEN, AL 35902

Signing Officer

Name
Phillip Carr
Title
Executive Director
Phone
2565474407
Signed
2016-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip W Carr
Formed
2013
Legal Domicile
Al
Voting Board Members
3
Independent Board Members
3
Employees
77

Preparer

Firm
Hindsman Pc
Address
PO BOX 1070, GADSDEN, AL 35902-1070
Preparer
M Todd Hindsman CPA
Phone
2565472588
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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/TotLiabNetAssetsFundBalanceGrp/BOYAmt0155266
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0176286
IRS990/TravelGrp/ProgramServicesAmt0240
IRS990/TravelGrp/TotalAmt0240
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0140026
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0150316
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 BROAD STREET
IRS990/USAddress/CityNm0GADSDEN
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035901
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILLIP CARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02565474407
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTUS RESIDENTIAL
ReturnHeader/Filer/BusinessNameControlTxt0ALTU
ReturnHeader/Filer/EIN0462453550
ReturnHeader/Filer/PhoneNum02565474407
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1477
ReturnHeader/Filer/USAddress/CityNm0GADSDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035902
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630585983
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HINDSMAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1070
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GADSDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0359021070
ReturnHeader/PreparerPersonGrp/PhoneNum02565472588
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M TODD HINDSMAN CPA
ReturnHeader/ReturnTs02016-08-11T09:37:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.02$1.39$1.40$1.01$0.39
2023Summary only. Only limited summary data is available for this year.$0.63$0.01$0.62$0.90$0.87$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.03$0.59$0.99$0.88$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.04$0.48$1.14$0.95$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.06$0.28$1.20$1.11$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.04$0.19$0.95$0.95$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.03$0.18$0.99$0.98$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.03$0.18$0.92$0.91$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.02$0.16$0.70$0.69$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.15$0.77$0.76$0.01
2014Summary only. Only limited summary data is available for this year.$0.16$0.02$0.14$1.04$1.03$0.01
2013Summary only. Only limited summary data is available for this year.$0.16$0.04$0.13$0.53$0.40$0.13