Civic Intelligence

Independent Housing Inc. 1700 Pasewalk Ave

990 • Fiscal year 2018 • EIN 47-0607342

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 04, 2018

Organization ProfileN/A
PO Box 1166Norfolk, NE 68702-1166

(402) 371-3214

Siviq Scores

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

Liabilities / Assets

37th percentile

0.03x

Higher debt load relative to assets than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.16x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-35%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$2,791,871

Down $492,974 (-15%) from 2017

Net Assets

Down

$2,698,973

Down $113,637 (-4.0%) from 2017

Liabilities

Down

$92,898

Down $379,337 (-80%) from 2017

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin14th percentile

Revenue

Down

$591,176

Down $317,819 (-35%) from 2017

Expenses

Up

$704,812

Up $104,366 (+17%) from 2017

Net Income

Down

-$113,636

Down $422,185 (-137%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,200,492Liabilities 2011: $105,151Net Assets 2011: $2,095,3412011Assets 2012: $2,337,757Liabilities 2012: $136,294Net Assets 2012: $2,201,4632012Assets 2013: $2,411,151Liabilities 2013: $95,223Net Assets 2013: $2,315,9282013Assets 2014: $2,526,247Liabilities 2014: $102,361Net Assets 2014: $2,423,8862014Assets 2015: $2,541,336Liabilities 2015: $87,738Net Assets 2015: $2,453,5982015Assets 2016: $2,595,238Liabilities 2016: $91,178Net Assets 2016: $2,504,0602016Assets 2017: $3,284,845Liabilities 2017: $472,235Net Assets 2017: $2,812,6102017Assets 2018: $2,791,871Liabilities 2018: $92,898Net Assets 2018: $2,698,9732018Assets 2019: $2,727,705Liabilities 2019: $93,306Net Assets 2019: $2,634,3992019Assets 2020: $3,181,841Liabilities 2020: $527,007Net Assets 2020: $2,654,8342020Assets 2021: $3,613,449Liabilities 2021: $895,386Net Assets 2021: $2,718,0632021Assets 2022: $3,580,495Liabilities 2022: $952,842Net Assets 2022: $2,627,6532022Assets 2023: $3,631,347Liabilities 2023: $1,080,190Net Assets 2023: $2,551,1572023Assets 2024: $3,438,357Liabilities 2024: $917,766Net Assets 2024: $2,520,5912024

Highlighted filing

2018

Assets$2,791,871
Liabilities$92,898
Net Assets$2,698,973
Open 2018 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $496,2662011Expenses 2012: $476,5342012Expenses 2013: $502,7142013Revenue 2014: $632,373Expenses 2014: $524,414Net Income 2014: $107,9592014Revenue 2015: $625,854Expenses 2015: $596,145Net Income 2015: $29,7092015Revenue 2016: $606,863Expenses 2016: $556,401Net Income 2016: $50,4622016Revenue 2017: $908,995Expenses 2017: $600,446Net Income 2017: $308,5492017Revenue 2018: $591,176Expenses 2018: $704,812Net Income 2018: -$113,6362018Revenue 2019: $587,039Expenses 2019: $651,613Net Income 2019: -$64,5742019Revenue 2020: $650,418Expenses 2020: $629,986Net Income 2020: $20,4322020Revenue 2021: $697,738Expenses 2021: $634,508Net Income 2021: $63,2302021Revenue 2022: $688,049Expenses 2022: $778,460Net Income 2022: -$90,4112022Revenue 2023: $732,236Expenses 2023: $808,730Net Income 2023: -$76,4942023Revenue 2024: $732,400Expenses 2024: $762,966Net Income 2024: -$30,5662024

Highlighted filing

2018

Revenue$591,176
Expenses$704,812
Net Income-$113,636
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 4, 2018
Return Version
2017v2.3
Gross Receipts
$591,176
Mission and Program Overview

Mission

To provide housing to the elderly & disabled.

Provide housing to elderly & disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,226,937$2,187,411▼ $39,526
Savings and Temporary Cash Investments$437,813$357,087▼ $80,726
Cash and Non-Interest-Bearing Accounts$572,019$198,839▼ $373,180
Prepaid Expenses and Deferred Charges$23,875$24,493▲ $618
Accounts Receivable$2,389$1,132▼ $1,257
Total Assets$3,284,845$2,791,871▼ $492,974
Other Assets Total$21,812$22,909▲ $1,097
Liabilities
Accounts Payable and Accrued Expenses$74,887$71,156▼ $3,731
Other Liabilities$397,344$21,732▼ $375,612
Deferred Revenue$4$10▲ $6
Total Liabilities$472,235$92,898▼ $379,337
Net Assets / Fund Balance
Unrestricted Net Assets$2,812,610$2,698,973▼ $113,637
Total Net Assets Fund Balance$2,812,610$2,698,973▼ $113,637
Total Liabilities and Net Assets / Fund Balance$3,284,845$2,791,871▼ $492,974

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,954,586$3,139,969$5,094,555
Other Land Buildings$106,308$100,252$206,560
Land$115,805-$115,805
Equipment$10,712$53,295$64,007
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Rick KonopasekPresident
Charles Timmer1st Vice-President
Arlynn BoelmanDirector
Dave FaussDirector
Kevin GubbelsDirector
Larry BlaserDirector
Mark WiednerDirector
Ron ChristDirector
Wally SonnenscheinDirector
Frank RobertsSecretary
Rich UhlirTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$589,290
Investment Income
$1,886
Other Revenue
$0
Change in Net Assets
$-113,636

Audited Revenue Reconciliation

Revenue per Audited Statements
$591,175
Revenue Not Reported on Financial Statements
$1
Revenue Not Reported on Form 990
$7,286
Other Revenue Adjustments
$1
Total Revenue per Audited Statements
$598,461
Total Revenue per Form 990
$591,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$646,618
Salaries, Compensation, and Employee Benefits$58,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$217,603--$217,603
Fees for Services Other$195,954--$195,954
Depreciation Depletion$139,888--$139,888
Other Salaries and Wages-$54,753-$54,753
Fees for Services Management-$44,255-$44,255
Office Expenses-$10,079-$10,079
Fees for Services Accounting-$9,090-$9,090
Advertising-$5,960-$5,960
Payroll Taxes-$3,441-$3,441
Other Expenses$2,525$4,424-$2,525
Insurance-$2,241-$2,241
Conferences and Meetings-$1,814-$1,814
All Other Expenses$1,186$226-$1,412
Total Functional Expenses$568,529$136,283$0$704,812

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$712,098
Expenses per Audited Statements$704,812
Total Expenses per Form 990$704,812
Expenses Not Reported on Form 990$7,286
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board memberKevin Gubbels is an owner of K & G Construction, provided concrete work and remodeling services to the organization.;ListTotal 7,995;ListTotal 7995No$56,203
Richard UhlirBoard memberCharlie Timmer is an owner of Tim's Plumbing and Heating, Inc., provided various plumbing repairs and fixtures.No$6,708
-Board memberRick Konopasek provided advertising services through a marketing website.No$4,373
Rick KonopasekBoard memberRichard Uhlir provided lawn mowing services to the organization.No$3,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security deposits payable$21,732
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The organization paid a management fee of 8% of rent collections to Clausen Property Management for preparing the bookkeeping work of the organization.”

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

“A copy of the Form 990 is provided to the organization's governing body to review before signing.”

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

“Any conflicts of interest are brought up at the board meetings and if a board member has a conflict of interest related to a specific topic that person abstains from voting on that subject matter.”

Form 990, Part VI, Section C, line 19

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

Filing and Contact Details

Filer

Filer Name
Independent Housing Inc
EIN
47-0607342
Phone
4023713214
Address
PO BOX 1166, NORFOLK, NE 68702-1166

Signing Officer

Name
Rick Konopasek
Title
President
Phone
4023713214
Signed
2018-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Konopasek
Formed
1978
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
0

Preparer

Firm
McMill CPA PC
Address
PO Box 1264, Norfolk, NE 68702
Preparer
Danny Fuerhoff CPA
Phone
4023711160
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Contracts : Program service expenses 188,406. Management and general expenses 0. Fundraising expenses 0. Total expenses 188,406. Heating/Cooling Maint Cont : Program service expenses 7,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,548.”

Form 990, Part XI, line 9:

“Rounding -1.”

Form 990, Part XI, Line 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Project qualifies as a tax-exempt organization, other than a private foundation, under Code section 501(c)(3) of the Internal Revenue Code and therefore, has no provision for federal income taxes. The Project files required tax returns in the U.S. federal jurisdiction and various states. With few exceptions, the Project is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2011. The Project has concluded no material uncertain tax positions have been taken on any open tax returns. For the current year the Project believes all tax positions are fully supportable by existing Federal law and related interpretations and there are no uncertain tax positions to consider.”

Part XI, Line 2D - Other Adjustments:

“Admin. Rent Free Unit 7,286.”

Part XI, Line 4B - Other Adjustments:

“Rounding 1.”

Part XII, Line 2D - Other Adjustments:

“Adm. Rent Free Unit 7,286.”

Raw XML AppendixShowing 400 of 486 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt074887
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt071156
IRS990/AccountsReceivableGrp/BOYAmt02389
IRS990/AccountsReceivableGrp/EOYAmt01132
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide housing to elderly & disabled
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05960
IRS990/AdvertisingGrp/TotalAmt05960
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0226
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01186
IRS990/AllOtherExpensesGrp/TotalAmt01412
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Clausen Property Management
IRS990/BooksInCareOfDetail/PhoneNum04023711720
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01105 W Norfolk Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Norfolk
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0687021166
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0572019
IRS990/CashNonInterestBearingGrp/EOYAmt0198839
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01814
IRS990/ConferencesMeetingsGrp/TotalAmt01814
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01886
IRS990/CYOtherExpensesAmt0646618
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0589290
IRS990/CYRevenuesLessExpensesAmt0-113636
IRS990/CYSalariesCompEmpBnftPaidAmt058194
IRS990/CYTotalExpensesAmt0704812
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0591176
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04
IRS990/DeferredRevenueGrp/EOYAmt010
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0139888
IRS990/DepreciationDepletionGrp/TotalAmt0139888
IRS990/Desc0Rental of 100 unit apartment complex to persons who are elderly or have disabilities.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0568529
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09090
IRS990/FeesForServicesAccountingGrp/TotalAmt09090
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt044255
IRS990/FeesForServicesManagementGrp/TotalAmt044255
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0195954
IRS990/FeesForServicesOtherGrp/TotalAmt0195954
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Larry Blaser
IRS990/Form990PartVIISectionAGrp/PersonNm1Kevin Gubbels
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles Timmer
IRS990/Form990PartVIISectionAGrp/PersonNm3Dave Fauss
IRS990/Form990PartVIISectionAGrp/PersonNm4Mark Wiedner
IRS990/Form990PartVIISectionAGrp/PersonNm5Wally Sonnenschein
IRS990/Form990PartVIISectionAGrp/PersonNm6Arlynn Boelman
IRS990/Form990PartVIISectionAGrp/PersonNm7Rich Uhlir
IRS990/Form990PartVIISectionAGrp/PersonNm8Frank Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm9Rick Konopasek
IRS990/Form990PartVIISectionAGrp/PersonNm10Ron Christ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21st Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0591176
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02241
IRS990/InsuranceGrp/TotalAmt02241
IRS990/InvestmentIncomeGrp/ExclusionAmt01886
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01886
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03293516
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02226937
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02187411
IRS990/LandBldgEquipCostOrOtherBssAmt05480927
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide housing to the elderly & disabled.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02812610
IRS990/NetAssetsOrFundBalancesEOYAmt02698973
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0217603
IRS990/OccupancyGrp/TotalAmt0217603
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010079
IRS990/OfficeExpensesGrp/TotalAmt010079
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021812
IRS990/OtherAssetsTotalGrp/EOYAmt022909
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Misc. admin. expenses
IRS990/OtherExpensesGrp/Desc2Fire alarm inspection
IRS990/OtherExpensesGrp/Desc3Vehicle maintenance ope
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04424
IRS990/OtherExpensesGrp/ProgramServicesAmt08457
IRS990/OtherExpensesGrp/ProgramServicesAmt12916
IRS990/OtherExpensesGrp/ProgramServicesAmt22525
IRS990/OtherExpensesGrp/TotalAmt08457
IRS990/OtherExpensesGrp/TotalAmt14424
IRS990/OtherExpensesGrp/TotalAmt22916
IRS990/OtherExpensesGrp/TotalAmt32525
IRS990/OtherLiabilitiesGrp/BOYAmt0397344
IRS990/OtherLiabilitiesGrp/EOYAmt021732
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054753
IRS990/OtherSalariesAndWagesGrp/TotalAmt054753
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03441
IRS990/PayrollTaxesGrp/TotalAmt03441
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023875
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024493
IRS990/PrincipalOfficerNm0Rick Konopasek
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Rental income
IRS990/ProgramServiceRevenueGrp/Desc1Miscellaneous program
IRS990/ProgramServiceRevenueGrp/Desc2Tenant charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0545900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2552
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0545900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2552
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0282645
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01434
IRS990/PYOtherExpensesAmt0544030
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0624916
IRS990/PYRevenuesLessExpensesAmt0308549
IRS990/PYSalariesCompEmpBnftPaidAmt056416
IRS990/PYTotalExpensesAmt0600446
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0908995
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-113636
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0589290
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0437813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0357087
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01434
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01498
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01508
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01517
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0589290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0624916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0605365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0624346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0630856
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03074773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01498
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01517
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07843
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00250
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99750
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt03077123
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0589290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0627266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0605365
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0624346
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0630856
IRS990ScheduleA/Total509Grp/TotalAmt03077123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0591176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0628700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0606863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0625854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0632373
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03084966
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01954586
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03139969
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05094555
IRS990ScheduleD/EquipmentGrp/BookValueAmt010712
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053295
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064007
IRS990ScheduleD/ExpensesNotReportedAmt07286
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0704812
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0115805
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0115805
IRS990ScheduleD/OtherExpensesIncludedAmt07286
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0106308
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0100252
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0206560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security deposits payable
IRS990ScheduleD/OtherRevenueAmt07286
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01
IRS990ScheduleD/RevenueNotReportedAmt07286
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01
IRS990ScheduleD/RevenueSubtotalAmt0591175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Project qualifies as a tax-exempt organization, other than a private foundation, under Code section 501(c)(3) of the Internal Revenue Code and therefore, has no provision for federal income taxes. The Project files required tax returns in the U.S. federal jurisdiction and various states. With few exceptions, the Project is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2011. The Project has concluded no material uncertain tax positions have been taken on any open tax returns. For the current year the Project believes all tax positions are fully supportable by existing Federal law and related interpretations and there are no uncertain tax positions to consider.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Admin. Rent Free Unit 7,286.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rounding 1.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Adm. Rent Free Unit 7,286.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02187411
IRS990ScheduleD/TotalExpensesPerForm990Amt0704812
IRS990ScheduleD/TotalLiabilityAmt021732
IRS990ScheduleD/TotalRevenuePerForm990Amt0591176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0598461
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0712098
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Charlie Timmer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1Kevin Gubbels
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Richard Uhlir
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Rick Konopasek
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd30
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06708
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt13500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt256203
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt34373
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Charlie Timmer is an owner of Tim's Plumbing and Heating, Inc., provided various plumbing repairs and fixtures.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Richard Uhlir provided lawn mowing services to the organization.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Kevin Gubbels is an owner of K & G Construction, provided concrete work and remodeling services to the organization.;ListTotal 7,995;ListTotal 7995
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3Rick Konopasek provided advertising services through a marketing website.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization paid a management fee of 8% of rent collections to Clausen Property Management for preparing the bookkeeping work of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the Form 990 is provided to the organization's governing body to review before signing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any conflicts of interest are brought up at the board meetings and if a board member has a conflict of interest related to a specific topic that person abstains from voting on that subject matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contracts : Program service expenses 188,406. Management and general expenses 0. Fundraising expenses 0. Total expenses 188,406. Heating/Cooling Maint Cont : Program service expenses 7,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,548.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,791,871
Liabilities
$92,898
Net assets
$2,698,973
Revenue
$591,176
Expenses
$704,812
Net income
-$113,636
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.44$0.92$2.52$0.73$0.76$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.63$1.08$2.55$0.73$0.81$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.58$0.95$2.63$0.69$0.78$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.61$0.90$2.72$0.70$0.63$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.18$0.53$2.65$0.65$0.63$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.73$0.09$2.63$0.59$0.65$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.79$0.09$2.70$0.59$0.70$0.11
2017Detailed filing. Detailed filing data is available for this year.$3.28$0.47$2.81$0.91$0.60$0.31
2016Detailed filing. Detailed filing data is available for this year.$2.60$0.09$2.50$0.61$0.56$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.54$0.09$2.45$0.63$0.60$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.53$0.10$2.42$0.63$0.52$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.10$2.32$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.14$2.20$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.11$2.10$0.50