Civic Intelligence

Perkins Co Retirement Assoc Westview Retirement Community

990 • Fiscal year 2016 • EIN 47-0718611

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 26, 2017

One Westview DriveGrant, NE 69140

(308) 352-2133

Siviq Scores

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

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

2.68x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

56th percentile

4.3%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

43rd percentile

$45,642

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

34th percentile

-2.2%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

35th percentile

-2.6%

Faster revenue growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,751,225

Down $38,502 (-2.2%) from 2015

Net Assets

Up

$337,925

Up $22,694 (+7.2%) from 2015

Liabilities

Down

$1,413,300

Down $61,196 (-4.2%) from 2015

Revenue

Down

$527,573

Down $14,034 (-2.6%) from 2015

Expenses

Up

$504,879

Up $18,334 (+3.8%) from 2015

Net Income

Down

$22,694

Down $32,368 (-59%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,660,341Liabilities 2011: $1,616,429Net Assets 2011: $43,9122011Assets 2012: $1,696,032Liabilities 2012: $1,535,709Net Assets 2012: $160,3232012Assets 2013: $1,758,485Liabilities 2013: $1,502,168Net Assets 2013: $256,3172013Assets 2014: $1,763,939Liabilities 2014: $1,503,770Net Assets 2014: $260,1692014Assets 2015: $1,789,727Liabilities 2015: $1,474,496Net Assets 2015: $315,2312015Assets 2016: $1,751,225Liabilities 2016: $1,413,300Net Assets 2016: $337,9252016Assets 2017: $1,691,948Liabilities 2017: $1,352,749Net Assets 2017: $339,1992017Assets 2018: $1,631,445Liabilities 2018: $1,333,348Net Assets 2018: $298,0972018Assets 2019: $1,548,366Liabilities 2019: $1,308,096Net Assets 2019: $240,2702019Assets 2020: $1,467,388Liabilities 2020: $1,295,620Net Assets 2020: $171,7682020Assets 2021: $1,474,201Liabilities 2021: $1,261,045Net Assets 2021: $213,1562021Assets 2022: $1,282,231Liabilities 2022: $1,138,690Net Assets 2022: $143,5412022Assets 2023: $1,266,781Liabilities 2023: $1,109,313Net Assets 2023: $157,4682023Assets 2024: $1,395,660Liabilities 2024: $1,195,990Net Assets 2024: $199,6702024

Highlighted filing

2016

Assets$1,751,225
Liabilities$1,413,300
Net Assets$337,925

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $517,897Expenses 2011: $471,943Net Income 2011: $45,9542011Revenue 2012: $601,401Expenses 2012: $484,990Net Income 2012: $116,4112012Revenue 2013: $581,343Expenses 2013: $485,349Net Income 2013: $95,9942013Revenue 2014: $495,822Expenses 2014: $491,970Net Income 2014: $3,8522014Revenue 2015: $541,607Expenses 2015: $486,545Net Income 2015: $55,0622015Revenue 2016: $527,573Expenses 2016: $504,879Net Income 2016: $22,6942016Revenue 2017: $527,507Expenses 2017: $526,233Net Income 2017: $1,2742017Revenue 2018: $527,953Expenses 2018: $569,055Net Income 2018: -$41,1022018Revenue 2019: $496,440Expenses 2019: $554,267Net Income 2019: -$57,8272019Revenue 2020: $469,777Expenses 2020: $538,279Net Income 2020: -$68,5022020Revenue 2021: $580,060Expenses 2021: $538,672Net Income 2021: $41,3882021Revenue 2022: $484,420Expenses 2022: $554,035Net Income 2022: -$69,6152022Revenue 2023: $651,532Expenses 2023: $637,605Net Income 2023: $13,9272023Revenue 2024: $699,352Expenses 2024: $657,150Net Income 2024: $42,2022024

Highlighted filing

2016

Revenue$527,573
Expenses$504,879
Net Income$22,694
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 26, 2017
Return Version
2016v3.0
Gross Receipts
$527,573
Mission and Program Overview

Mission

To provide an elderly congregate living program

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,177,525$1,113,742▼ $63,783
Savings and Temporary Cash Investments$604,791$628,268▲ $23,477
Prepaid Expenses and Deferred Charges$0$6,312▲ $6,312
Cash and Non-Interest-Bearing Accounts$7,247$2,795▼ $4,452
Accounts Receivable$164$108▼ $56
Total Assets$1,789,727$1,751,225▼ $38,502
Liabilities
Mortgage Notes Payable Secured by Investment Property$903,957$863,630▼ $40,327
Other Liabilities$519,261$498,201▼ $21,060
Accounts Payable and Accrued Expenses$51,278$51,469▲ $191
Total Liabilities$1,474,496$1,413,300▼ $61,196
Net Assets / Fund Balance
Unrestricted Net Assets$315,231$337,925▲ $22,694
Total Net Assets Fund Balance$315,231$337,925▲ $22,694
Total Liabilities and Net Assets / Fund Balance$1,789,727$1,751,225▼ $38,502

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$986,053$1,522,438$2,508,491
Equipment$94,122$210,259$304,381
Land$33,567-$33,567
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ronda HuttExecutive DirectorFT$45,642$45,642

Board Members and Trustees

NameTitle
Sandy GlennPresident
Gary NewthVice President
Candi HarmsBoard Member
Marian GlunzBoard Member
Rhonda KroekerBoard Member
Jessie FarberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,550
Program Service Revenue
$523,529
Investment Income
$1,494
Other Revenue
$0
All Other Contributions
$2,550
Change in Net Assets
$22,694

Audited Revenue Reconciliation

Revenue per Audited Statements
$527,573
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$527,573
Total Revenue per Form 990
$527,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$328,666
Salaries, Compensation, and Employee Benefits$176,213
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,108--$118,108
Occupancy$99,369--$99,369
Depreciation Depletion$69,764--$69,764
Current Officers, Directors, Trustees, and Key Employees$45,642--$45,642
Interest$39,429--$39,429
Fees for Services Other$20,385--$20,385
Payroll Taxes$12,463--$12,463
Fees for Services Accounting$4,300--$4,300
Other Expenses$3,983$0$0$3,983
Insurance$3,781--$3,781
Advertising$2,410--$2,410
All Other Expenses$878--$878
Travel$782--$782
Office Expenses$219--$219
Total Functional Expenses$504,879$0$0$504,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$504,879
Total Expenses per Audited Statements$504,879
Total Expenses per Form 990$504,879
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contracts Payable-residents$440,250
Residents Security Deposits$37,471
Deferred Duplex Equity$20,480
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the 990 was made available to all board members for their review prior to filing a final copy.

Form 990, Part VI, Section C, line 19

Governing documents are available for public inspection at the business office in grant, ne.

Filing and Contact Details

Filer

Filer Name
Perkins County Retirement Association
EIN
47-0718611
Phone
3083522133
Address
ONE WESTVIEW DRIVE, GRANT, NE 69140

Signing Officer

Name
Jessie Faber
Title
Treasurer
Phone
3083522133
Signed
2017-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessie Faber
Formed
1988
Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
0

Preparer

Firm
Dana F Cole & Company Llp
Address
315 N DEWEY SUITE 219 PO BOX 70, NORTH PLATTE, NE 69101
Preparer
Harry Branting
Phone
3085341860
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization has adopted the provisions of FASB ASC 740-10, Accounting for Uncertain Tax Positions. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Returns for the tax years 2013 and forward are open to examination by the taxing authorities.

Raw XML AppendixShowing 400 of 435 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt023452
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0119176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01494
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01411
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0803
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0522074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0466839
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0484298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0544007
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0592471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02609689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01494
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01411
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0803
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06065
IRS990ScheduleA/InvestmentIncomeCYPct00.00220
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012816
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012816
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99310
IRS990ScheduleA/PublicSupportPY509Pct00.99340
IRS990ScheduleA/PublicSupportTotal509Amt02728865
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0526079
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0540196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0494533
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0567459
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0600598
IRS990ScheduleA/Total509Grp/TotalAmt02728865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0527573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0541607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0495822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0581343
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0601401
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02747746
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0986053
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01522438
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02508491
IRS990ScheduleD/EquipmentGrp/BookValueAmt094122
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0210259
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0304381
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0504879
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt033567
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt033567
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0440250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120480
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt237471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRACTS PAYABLE-RESIDENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED DUPLEX EQUITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RESIDENTS SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0527573
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the provisions of FASB ASC 740-10, Accounting for Uncertain Tax Positions. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Returns for the tax years 2013 and forward are open to examination by the taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01113742
IRS990ScheduleD/TotalExpensesPerForm990Amt0504879
IRS990ScheduleD/TotalLiabilityAmt0498201
IRS990ScheduleD/TotalRevenuePerForm990Amt0527573
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0527573
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0504879
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 WAS MADE AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING A FINAL COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE BUSINESS OFFICE IN GRANT, NE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01789727
IRS990/TotalAssetsEOYAmt01751225
IRS990/TotalAssetsGrp/BOYAmt01789727
IRS990/TotalAssetsGrp/EOYAmt01751225
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02550
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0504879
IRS990/TotalFunctionalExpensesGrp/TotalAmt0504879
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01474496
IRS990/TotalLiabilitiesEOYAmt01413300
IRS990/TotalLiabilitiesGrp/BOYAmt01474496
IRS990/TotalLiabilitiesGrp/EOYAmt01413300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0315231
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0337925
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0504879
IRS990/TotalProgramServiceRevenueAmt0523529
IRS990/TotalReportableCompFromOrgAmt045642
IRS990/TotalRevenueGrp/ExclusionAmt01494
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0523529
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0527573
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01789727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01751225
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0782
IRS990/TravelGrp/TotalAmt0782
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0315231
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0337925
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE WESTVIEW DRIVE
IRS990/USAddress/CityNm0GRANT
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd069140
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$1.20$0.20$0.70$0.66$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$1.11$0.16$0.65$0.64$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$1.14$0.14$0.48$0.55$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.26$0.21$0.58$0.54$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$1.30$0.17$0.47$0.54$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$1.31$0.24$0.50$0.55$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.33$0.30$0.53$0.57$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$1.35$0.34$0.53$0.53$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.75$1.41$0.34$0.53$0.50$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.79$1.47$0.32$0.54$0.49$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.76$1.50$0.26$0.50$0.49$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.76$1.50$0.26$0.58$0.49$0.10
2012Summary only. Only limited summary data is available for this year.$1.70$1.54$0.16$0.60$0.48$0.12
2011Summary only. Only limited summary data is available for this year.$1.66$1.62$0.04$0.52$0.47$0.05