Civic Intelligence

Hearthstone Congregate Housing

990 • Fiscal year 2022 • EIN 47-0746808

Jan 01, 2022 to Dec 31, 2022 • Filed on May 12, 2023

2222 N Lincoln AveYork, NE 68467-1030

(402) 362-0460

Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

3.92x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

39th percentile

0.9%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

73rd percentile

19%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

59th percentile

17%

Faster revenue growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$694,037

Up $111,156 (+19%) from 2021

Net Assets

Up

-$87,074

Up $1,819 (+2.0%) from 2021

Liabilities

Up

$781,111

Up $109,337 (+16%) from 2021

Revenue

Up

$199,098

Up $28,453 (+17%) from 2021

Expenses

Up

$197,279

Up $15,653 (+8.6%) from 2021

Net Income

Up

$1,819

Up $12,800 (+117%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $730,112Liabilities 2011: $754,086Net Assets 2011: -$23,9742011Assets 2012: $701,638Liabilities 2012: $758,239Net Assets 2012: -$56,6012012Assets 2013: $673,794Liabilities 2013: $745,479Net Assets 2013: -$71,6852013Assets 2014: $691,355Liabilities 2014: $743,251Net Assets 2014: -$51,8962014Assets 2015: $683,563Liabilities 2015: $749,537Net Assets 2015: -$65,9742015Assets 2016: $658,384Liabilities 2016: $735,741Net Assets 2016: -$77,3572016Assets 2017: $646,230Liabilities 2017: $739,109Net Assets 2017: -$92,8792017Assets 2018: $614,530Liabilities 2018: $707,883Net Assets 2018: -$93,3532018Assets 2019: $606,810Liabilities 2019: $694,802Net Assets 2019: -$87,9922019Assets 2020: $602,316Liabilities 2020: $680,228Net Assets 2020: -$77,9122020Assets 2021: $582,881Liabilities 2021: $671,774Net Assets 2021: -$88,8932021Assets 2022: $694,037Liabilities 2022: $781,111Net Assets 2022: -$87,0742022Assets 2023: $708,673Liabilities 2023: $664,503Net Assets 2023: $44,1702023

Highlighted filing

2022

Assets$694,037
Liabilities$781,111
Net Assets-$87,074

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $208,549Expenses 2011: $182,167Net Income 2011: $26,3822011Revenue 2012: $136,454Expenses 2012: $169,081Net Income 2012: -$32,6272012Revenue 2013: $153,767Expenses 2013: $168,850Net Income 2013: -$15,0832013Revenue 2014: $194,508Expenses 2014: $174,721Net Income 2014: $19,7872014Revenue 2015: $178,745Expenses 2015: $192,822Net Income 2015: -$14,0772015Revenue 2016: $163,747Expenses 2016: $175,995Net Income 2016: -$12,2482016Revenue 2017: $172,517Expenses 2017: $188,038Net Income 2017: -$15,5212017Revenue 2018: $183,953Expenses 2018: $185,848Net Income 2018: -$1,8952018Revenue 2019: $186,996Expenses 2019: $181,635Net Income 2019: $5,3612019Revenue 2020: $191,935Expenses 2020: $184,502Net Income 2020: $7,4332020Revenue 2021: $170,645Expenses 2021: $181,626Net Income 2021: -$10,9812021Revenue 2022: $199,098Expenses 2022: $197,279Net Income 2022: $1,8192022Revenue 2023: $226,543Expenses 2023: $201,723Net Income 2023: $24,8202023

Highlighted filing

2022

Revenue$199,098
Expenses$197,279
Net Income$1,819
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$199,098
Mission and Program Overview

Mission

To provide affordable housing for the elderly and/or handicapped

To provide affordable housing for the elderly and or handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$411,417$394,762▼ $16,655
Prepaid Expenses and Deferred Charges$4,556$14,247▲ $9,691
Savings and Temporary Cash Investments$5,393$7,904▲ $2,511
Cash and Non-Interest-Bearing Accounts$4,414$6,772▲ $2,358
Accounts Receivable$1,105$924▼ $181
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$582,881$694,037▲ $111,156
Other Assets Total$155,996$269,428▲ $113,432
Liabilities
Mortgage Notes Payable Secured by Investment Property$646,590$633,768▼ $12,822
Deferred Revenue$0$106,424▲ $106,424
Accounts Payable and Accrued Expenses$19,304$34,862▲ $15,558
Other Liabilities$5,880$6,057▲ $177
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$671,774$781,111▲ $109,337
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-88,893$-87,074▲ $1,819
Total Net Assets Fund Balance$-88,893$-87,074▲ $1,819
Total Liabilities and Net Assets / Fund Balance$582,881$694,037▲ $111,156

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$301,877$526,727-
Land$78,339--
Equipment$14,546$70,016-
Other Assets Org$8,766--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles HarrisChairperson
Kelly ThomasBoard Member
Kristie HolochBoard Member
Shirley WitteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$125,132
Program Service Revenue
$72,105
Investment Income
$1,861
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$1,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$155,591$0$0$155,591
Depreciation Depletion$18,992$0$0$18,992
Fees for Services Management$0$12,180$0$12,180
Fees for Services Accounting$0$4,750$0$4,750
Office Expenses$2,629$0$0$2,629
Advertising$280$0$0$280
Total Functional Expenses$180,349$16,930$0$197,279
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Charles HarrisBoard MemberManagement & SupportNo$34,802
Kelly ThomasBoard MemberManagement & SupportNo$34,802
Kristie HolochBoard MemberManagement & SupportNo$34,802
Shirly WitteBoard MemberManagement & SupportNo$34,802

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$5,152
Accrued Interest Payable$905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

| Employee: Relationship: Employee:| CHARLES HARRIS Business Relationship SHIRLEY WITTE| CHARLES HARRIS Business Relationship KRISTIE HOLOCH| CHARLES HARRIS Business Relationship KELLY THOMAS| SHIRLEY WITTE Business Relationship KRISTIE HOLOCH| SHIRLEY WITTE Business Relationship KELLY THOMAS| KRISTIE HOLOCH Business Relationship KELLY THOMAS|

Part VI, Line 11B

A copy of the form 990 and supporting schedules are sent to board members for their review prior to filing

Part VI, Line 19

The governing documents conflict of interest and financial statements are available upon request.

Part VI, line 9

| Name of the person:, Address of the person:| Charles Harris, 913 W 4th St.,, 913 W 4th St.,, 913 W 4th St.,, NE, 68467| Shirley Witte, 803 W 4th St, 803 W 4th St, 803 W 4th St, NE, 68467| Kristie Holoch, 903 W 4th St, 903 W 4th St, 903 W 4th St, NE, 68467| Kelly Thomas, 1605 Colonial Dr, 1605 Colonial Dr, 1605 Colonial Dr, NE, 68467|

Filing and Contact Details

Filer

Filer Name
Hearthstone Congregate Housing
EIN
47-0746808
In Care Of
% Bob McQuistan
Phone
4023620460
Address
2222 N LINCOLN AVE, YORK, NE 68467-1030

Signing Officer

Name
Bob Mcquistan
Title
CFO
Signed
2023-05-12
Discuss with paid preparer
No

Organization Details

Formed
1991
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0
Raw XML AppendixShowing 400 of 702 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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