Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
EIN 47-0600604 • 501(c)3 • Grand Island, NE
Profile
The coporation was organized to construct and operate an apartment complex of 72 units under section 21218 of the national housing act. It offers hud-assisted housing to elderly and low-income tenants.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Assets
Down$998,814
Down $142,909 (-13%) from 2024
Liabilities
Down$1,697,499
Down $41,336 (-2.4%) from 2024
Net Assets
Down-$698,685
Down $101,573 (-17%) from 2024
Revenue
Down$711,570
Down $27,014 (-3.7%) from 2024
Expenses
Up$813,143
Up $51,505 (+6.8%) from 2024
Net Income
Down-$101,573
Down $78,519 (-341%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
The coporation was organized to construct and operate an apartment complex of 72 units under section 21218 of the national housing act. It offers hud-assisted housing to elderly and low-income tenants.
Elderly and low-income housing
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $935,597 | $874,681 | ▼ $60,916 |
| Savings and Temporary Cash Investments | $84,798 | $53,247 | ▼ $31,551 |
| Accounts Receivable | $47,948 | $500 | ▼ $47,448 |
| Cash and Non-Interest-Bearing Accounts | $45 | $45 | → $0 |
| Total Assets | $1,141,723 | $998,814 | ▼ $142,909 |
| Other Assets Total | $73,335 | $70,341 | ▼ $2,994 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,668,834 | $1,621,127 | ▼ $47,707 |
| Accounts Payable and Accrued Expenses | $48,918 | $54,287 | ▲ $5,369 |
| Other Liabilities | $21,083 | $22,085 | ▲ $1,002 |
| Total Liabilities | $1,738,835 | $1,697,499 | ▼ $41,336 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $28,601 | $10,368 | ▼ $18,233 |
| Net Assets Without Donor Restrictions | $-625,713 | $-709,053 | ▼ $83,340 |
| Total Net Assets Fund Balance | $-597,112 | $-698,685 | ▼ $101,573 |
| Total Liabilities and Net Assets / Fund Balance | $1,141,723 | $998,814 | ▼ $142,909 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $611,378 | $3,271,313 | $3,882,691 |
| Equipment | $188,205 | $435,314 | $623,519 |
| Land | $75,098 | - | $75,098 |
| Other Assets Org | $70,341 | - | - |
| Name | Title |
|---|---|
| Duane Burns | President |
| Dennis Harder | Member of Bo |
| Douglas Lees | Member of Bo |
| James Fandry | Member of Bo |
| Jeff Koch | Member of Bo |
| Linell Schultz | Member of Bo |
| Louann Phipps | Member of Bo |
| Peter Richling | Member of Bo |
| Karen Niedfelt | Secretary |
| Phyllis Eriksen | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $635,523 |
| Salaries, Compensation, and Employee Benefits | $177,620 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $131,936 | $14,660 | - | $146,596 |
| Occupancy | $113,161 | $12,574 | - | $125,735 |
| Depreciation Depletion | $119,392 | - | - | $119,392 |
| Insurance | $77,143 | $8,571 | - | $85,714 |
| All Other Expenses | $63,587 | $7,067 | - | $70,654 |
| Interest | $45,843 | - | - | $45,843 |
| Payroll Taxes | $18,459 | $2,051 | - | $20,510 |
| Office Expenses | $10,329 | $1,148 | - | $11,477 |
| Other Expenses | $10,072 | $1,119 | - | $11,191 |
| Other Employee Benefits | $9,463 | $1,051 | - | $10,514 |
| Fees for Services Accounting | $7,086 | $787 | - | $7,873 |
| Advertising | $2,322 | - | - | $2,322 |
| Conferences and Meetings | $2,249 | - | - | $2,249 |
| Total Functional Expenses | $748,808 | $64,335 | $0 | $813,143 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $813,143 |
| Total Expenses per Audited Statements | $813,143 |
| Total Expenses per Form 990 | $813,143 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Tenant Security Deposits | $22,085 |
“SECTION A, LINE 8B”
“No review was or will be conducted.”
“No documents available to the public”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 54287 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 47948 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 500 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ELDERLY AND LOW-INCOME HOUSING |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2322 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2322 |
| IRS990/AllOtherContributionsAmt | 0 | 22000 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 7067 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 63587 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 70654 |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SUE KROHN-TAYLOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3083817227 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2807 W FAIDLEY AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAND ISLAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 68803 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 45 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 45 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2249 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2249 |
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| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
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| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 22000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 151 |
| IRS990/CYOtherExpensesAmt | 0 | 635523 |
| IRS990/CYOtherRevenueAmt | 0 | 5901 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 683518 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -101573 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 177620 |
| IRS990/CYTotalExpensesAmt | 0 | 813143 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 711570 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 119392 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 119392 |
| IRS990/Desc | 0 | THE CORPORATION WAS ORGANIZED TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 72 UNITS UNDER SECTION 21218 OF THE NATIONAL HOUSING ACT. IT OFFERS HUD-ASSISTED HOUSING TO ELDERLY AND LOW-INCOME TENANTS. |
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| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 28601 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 10368 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 12 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | false |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 748808 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 787 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 7086 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7873 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DUANE BURNS |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DENNIS HARDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LOUANN PHIPPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | LINELL SCHULTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PETER RICHLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMES FANDRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JEFF KOCH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER OF BO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER OF BO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1980 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FSAuditedInd | 0 | true |
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| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
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| IRS990/GrossReceiptsAmt | 0 | 711570 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 8571 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 77143 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 85714 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 45843 |
| IRS990/InterestGrp/TotalAmt | 0 | 45843 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 151 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 151 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4581308 |
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| IRS990/NoListedPersonsCompensatedInd | 0 | X |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 125735 |
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| IRS990/OtherExpensesGrp/Desc | 1 | MISC ADMIN |
| IRS990/OtherExpensesGrp/Desc | 2 | MISC OPERATING |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10115 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3384 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1808 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1119 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 91037 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 30458 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 16271 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 10072 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 33842 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 18079 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11191 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 21083 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 22085 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LAUNDRY AND VENDING |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | DAMAGES AND CLEANING FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | OTHER |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4347 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 939 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 615 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4347 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 939 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 615 |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 18459 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 20510 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | DUANE BURNS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
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| IRS990/PYOtherRevenueAmt | 0 | 6955 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -23054 |
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| IRS990/PYTotalExpensesAmt | 0 | 761638 |
| IRS990/PYTotalRevenueAmt | 0 | 738584 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | -101573 |
| IRS990/RelatedEntityInd | 0 | false |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 53247 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1863 |
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| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 585404 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 229 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 414 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 188 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 2845 |
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| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99920 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 736721 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1299504 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1170808 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 572499 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | FINANCE FEES |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSITS |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/USAddress/CityNm | 0 | GRAND ISLAND |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DUANE BURNS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3083817227 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHRYSALIS LUTHERAN HOMES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHRY |
| ReturnHeader/Filer/EIN | 0 | 470600604 |
| ReturnHeader/Filer/PhoneNum | 0 | 3083817227 |
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