Civic Intelligence

Independent Housing Inc. 1700 Pasewalk Ave

990 • Fiscal year 2020 • EIN 47-0607342

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 16, 2020

Organization ProfileN/A
PO Box 1166 1801 Riverside BlvdNorfolk, NE 68702-1166

(402) 371-3214

Siviq Scores

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

Liabilities / Assets

59th percentile

0.17x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.81x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

45th percentile

3.1%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

17%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$3,181,841

Up $454,136 (+17%) from 2019

Net Assets

Up

$2,654,834

Up $20,435 (+0.8%) from 2019

Liabilities

Up

$527,007

Up $433,701 (+465%) from 2019

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin45th percentile

Revenue

Up

$650,418

Up $63,379 (+11%) from 2019

Expenses

Down

$629,986

Down $21,627 (-3.3%) from 2019

Net Income

Up

$20,432

Up $85,006 (+132%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth68th 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

2020

Assets$3,181,841
Liabilities$527,007
Net Assets$2,654,834
Open 2020 Filing

Operations Trend

Revenue Growth66th 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

2020

Revenue$650,418
Expenses$629,986
Net Income$20,432
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 16, 2020
Return Version
2019v5.1
Gross Receipts
$650,418
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$2,130,322$2,477,751▲ $347,429
Savings and Temporary Cash Investments$478,047$479,178▲ $1,131
Cash and Non-Interest-Bearing Accounts$70,981$170,035▲ $99,054
Prepaid Expenses and Deferred Charges$23,369$24,806▲ $1,437
Accounts Receivable$1,912$1,883▼ $29
Total Assets$2,727,705$3,181,841▲ $454,136
Other Assets Total$23,074$28,188▲ $5,114
Liabilities
Other Liabilities$21,872$453,186▲ $431,314
Accounts Payable and Accrued Expenses$71,434$71,811▲ $377
Unsecured Notes Loans Payable-$2,000-
Deferred Revenue-$10-
Total Liabilities$93,306$527,007▲ $433,701
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,634,399$2,654,834▲ $20,435
Total Net Assets Fund Balance$2,634,399$2,654,834▲ $20,435
Total Liabilities and Net Assets / Fund Balance$2,727,705$3,181,841▲ $454,136

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,559,797$2,780,750$4,340,547
Other Land Buildings$410,146$818,009$1,228,155
Land$507,808-$507,808
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Charles TimmerPresident
Kevin GubbelsVice-President
Arlynn BoelmanDirector
Dave FaussDirector
Larry BlaserDirector
Mark WiednerDirector
Mel HoffmannDirector
Ron ChristDirector
Wally SonnenscheinDirector
Frank RobertsSecretary
Rich UhlirTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,962
Program Service Revenue
$638,508
Investment Income
$1,948
Other Revenue
$0
Change in Net Assets
$20,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$650,418
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,655
Total Revenue per Audited Statements
$658,073
Total Revenue per Form 990
$650,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,787
Salaries, Compensation, and Employee Benefits$64,199
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$217,002--$217,002
Depreciation Depletion$154,690--$154,690
Fees for Services Other$69,670--$69,670
Other Salaries and Wages-$60,444-$60,444
Fees for Services Management-$48,034-$48,034
Advertising-$23,374-$23,374
Office Expenses-$12,362-$12,362
Fees for Services Accounting-$10,500-$10,500
Payroll Taxes-$3,755-$3,755
Insurance-$3,260-$3,260
Conferences and Meetings-$2,043-$2,043
Other Expenses$2,028$6,823-$2,028
All Other Expenses$953--$953
Fees for Services Legal-$735-$735
Total Functional Expenses$458,656$171,330$0$629,986

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$637,640
Expenses per Audited Statements$629,986
Total Expenses per Form 990$629,986
Expenses Not Reported on Form 990$7,654
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
Charlie TimmerBoard memberCharlie Timmer is an owner of Tim's Plumbing and Heating, Inc., provided various plumbing repairs and fixtures.No$22,120
Kevin GubbelsBoard memberKevin Gubbels is an owner of K & G Construction, provided concrete work and remodeling services to the organization.No$5,895
Richard UhlirBoard memberRichard Uhlir provided lawn mowing services to the organization.No$2,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes payable$426,042
Security deposits payable$27,144
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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 1801 Riverside Blvd, NORFOLK, NE 68702-1166

Signing Officer

Name
Charles Timmer
Title
President
Phone
4023713214
Signed
2020-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Timmer
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 66,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 66,629. Heating/Cooling Maint Cont : Program service expenses 3,041. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,041.”

Form 990, Part XI, line 9:

“Rounding 3.”

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:

“Adm. Rent Free Unit 7,654. Rounding 1.”

Part XII, Line 2D - Other Adjustments:

“Adm. Rent Free Unit 7,654.”

Raw XML AppendixShowing 400 of 491 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/OtherExpensesGrp/ManagementAndGeneralAmt06823
IRS990/OtherExpensesGrp/ProgramServicesAmt011590
IRS990/OtherExpensesGrp/ProgramServicesAmt12723
IRS990/OtherExpensesGrp/ProgramServicesAmt22028
IRS990/OtherExpensesGrp/TotalAmt011590
IRS990/OtherExpensesGrp/TotalAmt16823
IRS990/OtherExpensesGrp/TotalAmt22723
IRS990/OtherExpensesGrp/TotalAmt32028
IRS990/OtherLiabilitiesGrp/BOYAmt021872
IRS990/OtherLiabilitiesGrp/EOYAmt0453186
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060444
IRS990/OtherSalariesAndWagesGrp/TotalAmt060444
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03755
IRS990/PayrollTaxesGrp/TotalAmt03755
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023369
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024806
IRS990/PrincipalOfficerNm0Charles Timmer
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/RelatedOrExemptFuncIncomeAmt0592765
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145147
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2596
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0592765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145147
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2596
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02371
IRS990/PYOtherExpensesAmt0590009
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0584668
IRS990/PYRevenuesLessExpensesAmt0-64574
IRS990/PYSalariesCompEmpBnftPaidAmt061604
IRS990/PYTotalExpensesAmt0651613
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0587039
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt020432
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0638508
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0478047
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0479178
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09962
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012312
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01948
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01434
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01498
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0638508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0584668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0589290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0624916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0605365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03042747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01948
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01498
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09137
IRS990ScheduleA/InvestmentIncomeCYPct00.00300
IRS990ScheduleA/InvestmentIncomePYPct00.00290
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99700
IRS990ScheduleA/PublicSupportPY509Pct00.99710
IRS990ScheduleA/PublicSupportTotal509Amt03055059
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0648470
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0584668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0589290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0627266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0605365
IRS990ScheduleA/Total509Grp/TotalAmt03055059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0650418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0587039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0591176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0628700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0606863
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03064196
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01559797
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02780750
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04340547
IRS990ScheduleD/ExpensesNotReportedAmt07654
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0629986
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0507808
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0507808
IRS990ScheduleD/OtherExpensesIncludedAmt07654
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0410146
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0818009
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01228155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1426042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security deposits payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Notes payable
IRS990ScheduleD/OtherRevenueAmt07655
IRS990ScheduleD/RevenueNotReportedAmt07655
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0650418
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/ExplanationTxt1Adm. Rent Free Unit 7,654. Rounding 1.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Adm. Rent Free Unit 7,654.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02477751
IRS990ScheduleD/TotalExpensesPerForm990Amt0629986
IRS990ScheduleD/TotalLiabilityAmt0453186
IRS990ScheduleD/TotalRevenuePerForm990Amt0650418
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0658073
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0637640
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Charlie Timmer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Richard Uhlir
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Kevin Gubbels
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt022120
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt12500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt25895
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.
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 66,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 66,629. Heating/Cooling Maint Cont : Program service expenses 3,041. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,041.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding 3.
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

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,181,841
Liabilities
$527,007
Net assets
$2,654,834
Revenue
$650,418
Expenses
$629,986
Net income
$20,432
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