Civic Intelligence

Hearthstone Congregate Housing

990 • Fiscal year 2023 • EIN 47-0746808

Jan 01, 2023 to Dec 31, 2023 • Filed on May 10, 2024

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

93rd percentile

0.94x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

2.93x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

46th percentile

2.1%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

14%

Faster revenue growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$708,673

Up $14,636 (+2.1%) from 2022

Net Assets

Up

$44,170

Up $131,244 (+151%) from 2022

Liabilities

Down

$664,503

Down $116,608 (-15%) from 2022

Revenue

Up

$226,543

Up $27,445 (+14%) from 2022

Expenses

Up

$201,723

Up $4,444 (+2.3%) from 2022

Net Income

Up

$24,820

Up $23,001 (+1264%) from 2022

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

2023

Assets$708,673
Liabilities$664,503
Net Assets$44,170

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

2023

Revenue$226,543
Expenses$201,723
Net Income$24,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.0
Gross Receipts
$226,543
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$394,762$386,911▼ $7,851
Cash and Non-Interest-Bearing Accounts$6,772$15,362▲ $8,590
Savings and Temporary Cash Investments$7,904$7,413▼ $491
Prepaid Expenses and Deferred Charges$14,247$7,324▼ $6,923
Accounts Receivable$924$785▼ $139
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$694,037$708,673▲ $14,636
Other Assets Total$269,428$290,878▲ $21,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$633,768$619,848▼ $13,920
Accounts Payable and Accrued Expenses$34,862$38,386▲ $3,524
Other Liabilities$6,057$6,269▲ $212
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$674,687$664,503▼ $10,184
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,350$44,170▲ $24,820
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$19,350$44,170▲ $24,820
Total Liabilities and Net Assets / Fund Balance$694,037$708,673▲ $14,636

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$286,605$488,959-
Land$78,339--
Equipment$21,967$74,495-
Other Assets Org$17,019--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles HarrisChairperson
Candy OtteBoard Member
Kristie HolochBoard Member
Shirley WitteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$128,586
Program Service Revenue
$92,171
Investment Income
$5,786
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$24,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,723
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$160,063$0$0$160,063
Depreciation Depletion$19,751$0$0$19,751
Fees for Services Management$0$13,108$0$13,108
Fees for Services Accounting$0$5,150$0$5,150
Advertising$804$0$0$804
Office Expenses$708$0$0$708
Total Functional Expenses$183,465$18,258$0$201,723
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
Candy OtteBoard MemberManagement & SupportNo$32,217
Charles HarrisBoard MemberManagement & SupportNo$32,217
Kristie HolochBoard MemberManagement & SupportNo$32,217
Shirley WitteBoard MemberManagement & SupportNo$32,217

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$5,460
Accrued Interest Payable$809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 CANDY OTTE| SHIRLEY WITTE Business Relationship KRISTIE HOLOCH| SHIRLEY WITTE Business Relationship CANDY OTTE| KRISTIE HOLOCH Business Relationship CANDY OTTE|

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 12C

On an annual basis board members are required to complete and signed an affidavit in regards to any potential conflicts of interest.

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.,, York, NE, 68467| Shirley Witte, 803 W 4th St, 803 W 4th St, York, NE, 68467| Kristie Holoch, 903 W 4th St, 903 W 4th St, York, NE, 68467| Candy Otte, 429 Florida Court, 429 Florida Court, York, 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
2024-05-10

Organization Details

Formed
1991
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part XII Line 3

| Explanation:| AT THE TIME OF FILING OF THE FORM 990 THE ANNUAL AUDIT WAS NOT COMPLETE

Raw XML AppendixShowing 400 of 728 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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