Civic Intelligence

Midwest Geriatrics Inc.

990 • Fiscal year 2012 • EIN 47-0727974

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 14, 2013

7915 N 30th Street68112
Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

40th percentile

-1.2%

Faster asset growth than 40% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,816,843

Down $21,902 (-1.2%) from 2011

Net Assets

Down

$1,772,551

Down $23,461 (-1.3%) from 2011

Liabilities

Up

$44,292

Up $1,559 (+3.6%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,299,655

Up $69,792 (+5.7%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,007,045Liabilities 2010: $43,419Net Assets 2010: $1,963,6262010Assets 2011: $1,838,745Liabilities 2011: $42,733Net Assets 2011: $1,796,0122011Assets 2012: $1,816,843Liabilities 2012: $44,292Net Assets 2012: $1,772,5512012Assets 2013: $1,793,451Liabilities 2013: $47,908Net Assets 2013: $1,745,5432013Assets 2014: $2,000,355Liabilities 2014: $90,712Net Assets 2014: $1,909,6432014Assets 2015: $1,964,418Liabilities 2015: $83,252Net Assets 2015: $1,881,1662015Assets 2016: $1,506,425Liabilities 2016: $71,807Net Assets 2016: $1,434,6182016Assets 2017: $1,235,919Liabilities 2017: $105,050Net Assets 2017: $1,130,8692017Assets 2018: $1,069,280Liabilities 2018: $101,250Net Assets 2018: $968,0302018Assets 2019: $1,105,909Liabilities 2019: $96,835Net Assets 2019: $1,009,0742019Assets 2020: $1,281,171Liabilities 2020: $313,431Net Assets 2020: $967,7402020Assets 2021: $1,144,302Liabilities 2021: $106,606Net Assets 2021: $1,037,6962021Assets 2022: $930,178Liabilities 2022: $117,800Net Assets 2022: $812,3782022Assets 2023: $940,332Liabilities 2023: $125,263Net Assets 2023: $815,0692023Assets 2024: $975,030Liabilities 2024: $128,141Net Assets 2024: $846,8892024

Highlighted filing

2012

Assets$1,816,843
Liabilities$44,292
Net Assets$1,772,551

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,109,3892010Expenses 2011: $1,229,8632011Expenses 2012: $1,299,6552012Revenue 2013: $1,312,299Expenses 2013: $1,342,464Net Income 2013: -$30,1652013Revenue 2014: $1,683,366Expenses 2014: $1,464,863Net Income 2014: $218,5032014Revenue 2015: $1,520,494Expenses 2015: $1,465,705Net Income 2015: $54,7892015Revenue 2016: $1,497,811Expenses 2016: $1,986,126Net Income 2016: -$488,3152016Revenue 2017: $1,555,899Expenses 2017: $1,859,319Net Income 2017: -$303,4202017Revenue 2018: $1,674,334Expenses 2018: $1,759,719Net Income 2018: -$85,3852018Revenue 2019: $1,580,223Expenses 2019: $1,575,091Net Income 2019: $5,1322019Revenue 2020: $1,714,322Expenses 2020: $1,777,279Net Income 2020: -$62,9572020Revenue 2021: $1,834,083Expenses 2021: $1,782,983Net Income 2021: $51,1002021Revenue 2022: $1,543,733Expenses 2022: $1,706,390Net Income 2022: -$162,6572022Revenue 2023: $1,542,780Expenses 2023: $1,588,445Net Income 2023: -$45,6652023Revenue 2024: $1,608,727Expenses 2024: $1,590,186Net Income 2024: $18,5412024

Highlighted filing

2012

Revenue-
Expenses$1,299,655
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 14, 2013
Return Version
2012v2.1
Gross Receipts
$1,339,181
Mission and Program Overview

Mission

To provide vision, direction, strategic planning and management services for its affiliates and other organizations to ensure the accomplishment of their respective missions.

Filing and Contact Details

Filer

EIN
47-0727974
Raw XML AppendixShowing 400 of 545 raw XML fields

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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0MIDWEST GERIATRICS, INC., ROYALE OAKS HOUSE OF HOPE, GERIMED, INC., FLORENCE HOME AND SENIOR HEALTH FOUNDATION ARE NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THESE NOT-FOR-PROFIT CORPORATIONS HAVE EACH RECEIVED A DETERMINATION LETTER THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. UNIMED, INC. IS A TAXABLE CORPORATION. UNIMED, INC. HAS A NET OPERATING LOSS CARRYFORWARD AS OF DECEMBER 31, 2012 AND 2011, AVAILABLE FOR FEDERAL AND STATE INCOME TAX PURPOSES. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC 740, INCOME TAXES. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT DECEMBER 31, 2012, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS ACCRUED.
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IRS990ScheduleO/GeneralExplanation/Explanation0ONCE THE FORM 990 AND RELATED SCHEDULES HAVE BEEN PREPARED BY THE CONTROLLER, THE CFO OF MIDWEST GERIATRICS, INC. WILL REVIEW IT, MAKE ANY CHANGES AND ACCEPT THE DRAFT FORM 990. THE FINANCE COMMITTEE WILL THEN BE CONTACTED VIA E-MAIL THAT THE DRAFT FORM 990 IS READY FOR REVIEW AND ASK IF THEY WANT IT SENT OUT TO THEM OR IF THEY WILL BE COMING TO THE FACILITY TO REVIEW. ONCE 2/3 OF THE COMMITTEE HAVE REVIEWED AND ACCEPTED THE FORM 990, IT WILL BE FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE ASKED TO REVIEW AND DISCLOSE ANY CONFLICTS OF INTEREST THAT THEY MAY HAVE WITH MIDWEST GERIATRICS INC. OPERATIONS. THEY ARE THEN ASKED TO SIGN A DOCUMENT INDICATING CONFLICTS, IF ANY. THE BOARD CHAIR IS THEN INFORMED OF ANY CURRENT CONFLICTS FOR CONSIDERATION IN FUTURE VOTING MATTERS OF THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation2THE POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF MIDWEST GERIATRICS, INC. APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY MIDWEST GERIATRICS, INC. THE PROCESS IS UTILIZED BY THE EXECUTIVE COMMITTEE OF THE BOARD ON AN ANNUAL BASIS. CHIEF EXECUTIVE OFFICER: LOIS JORDAN CHIEF FINANCIAL OFFICER: DEBRA THACKER THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF MIDWEST GERIATRICS, INC.; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF MIDWEST GERIATRICS, INC., PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation3UPON REQUEST A COPY OF THE REQUESTED DOCUMENT IS PROVIDED WITHIN 72 HOURS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF DIRECTORS SELECT THE INDEPENDENT ACCOUNTANT AND HAS THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. UPON CONCLUSION OF THE AUDIT, THE INDEPENDENT ACCOUNTANT PRESENTS THE RESULTS OF THE AUDIT TO THE BOARD. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0COMMITTEE WITH OVERSIGHT OF THE AUDIT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 12, PART XII, LINE 2C:
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.13$0.85$1.61$1.59$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.13$0.82$1.54$1.59$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.93$0.12$0.81$1.54$1.71$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.11$1.04$1.83$1.78$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.28$0.31$0.97$1.71$1.78$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.10$1.01$1.58$1.58$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.10$0.97$1.67$1.76$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.11$1.13$1.56$1.86$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.07$1.43$1.50$1.99$0.49
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.08$1.88$1.52$1.47$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.09$1.91$1.68$1.46$0.22
2013Detailed filing. Detailed filing data is available for this year.$1.79$0.05$1.75$1.31$1.34$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.04$1.77$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.04$1.80$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.04$1.96$1.11