Civic Intelligence

Good Shepherd Assisted Living Corp

990 • Fiscal year 2014 • EIN 47-0819116

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 19, 2014

2242 Wright St68008

(402) 426-4663

Siviq Scores

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

Liabilities / Assets

56th percentile

0.08x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.71x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

5th percentile

-55%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

90th percentile

$112,573

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 137.9% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

32nd percentile

-2.7%

Faster asset growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$742,944

Down $20,590 (-2.7%) from 2013

Net Assets

Down

$684,929

Down $45,290 (-6.2%) from 2013

Liabilities

Up

$58,015

Up $24,700 (+74%) from 2013

Revenue

$81,633

No earlier filing loaded for comparison.

Expenses

Up

$126,923

Up $12,694 (+11%) from 2013

Net Income

-$45,290

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.

$1.0M$500K$0Assets 2011: $834,215Liabilities 2011: $33,228Net Assets 2011: $800,9872011Assets 2012: $791,763Liabilities 2012: $25,812Net Assets 2012: $765,9512012Assets 2013: $763,534Liabilities 2013: $33,315Net Assets 2013: $730,2192013Assets 2014: $742,944Liabilities 2014: $58,015Net Assets 2014: $684,9292014Assets 2015: $767,898Liabilities 2015: $24,228Net Assets 2015: $743,6702015Assets 2016: $707,890Liabilities 2016: $62,267Net Assets 2016: $645,6232016Assets 2017: $624,283Liabilities 2017: $32,873Net Assets 2017: $591,4102017Assets 2018: $616,677Liabilities 2018: $71,667Net Assets 2018: $545,0102018Assets 2019: $589,054Liabilities 2019: $101,298Net Assets 2019: $487,7562019

Highlighted filing

2014

Assets$742,944
Liabilities$58,015
Net Assets$684,929

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $118,3832011Expenses 2012: $110,2112012Expenses 2013: $114,2292013Revenue 2014: $81,633Expenses 2014: $126,923Net Income 2014: -$45,2902014Revenue 2015: $201,672Expenses 2015: $142,931Net Income 2015: $58,7412015Revenue 2016: $93,739Expenses 2016: $191,786Net Income 2016: -$98,0472016Revenue 2017: $89,302Expenses 2017: $143,515Net Income 2017: -$54,2132017Revenue 2018: $94,139Expenses 2018: $140,539Net Income 2018: -$46,4002018Revenue 2019: $91,851Expenses 2019: $149,105Net Income 2019: -$57,2542019

Highlighted filing

2014

Revenue$81,633
Expenses$126,923
Net Income-$45,290
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 19, 2014
Return Version
2013v4.0
Gross Receipts
$81,633
Mission and Program Overview

Mission

The mission of good shepherd lutheran community is to serve the social, physical, and spiritual needs of god's people, in a manner of love, dignity, and respect reflective of jesus christ, the good shepherd.

Good shepherd assisted living corporation provides low-income independent housing to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$606,242$558,288▼ $47,954
Savings and Temporary Cash Investments$119,777$134,531▲ $14,754
Cash and Non-Interest-Bearing Accounts$33,767$47,340▲ $13,573
Prepaid Expenses and Deferred Charges$3,499$0▼ $3,499
Accounts Receivable$249$2,785▲ $2,536
Total Assets$763,534$742,944▼ $20,590
Liabilities
Accounts Payable and Accrued Expenses$26,648$51,092▲ $24,444
Other Liabilities$6,356$6,923▲ $567
Deferred Revenue$311$0▼ $311
Total Liabilities$33,315$58,015▲ $24,700
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,350,438$1,350,438→ $0
Unrestricted Net Assets$-620,219$-665,509▼ $45,290
Total Net Assets Fund Balance$730,219$684,929▼ $45,290
Total Liabilities and Net Assets / Fund Balance$763,534$742,944▼ $20,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$544,423$746,566$1,290,989
Equipment$1,864$44,640$46,504
Other Land Buildings$3,673$26,737$30,410
Land$8,328-$8,328
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lois PfeifferCEO/administrator (7/1/13 - 5/1/14)$112,573$112,573
Trisha SarverCFO (7/1/13 - 6/13/14)$26,528$26,528

Board Members and Trustees

NameTitle
Jane HeinrichPresident
Rod HansenVice President
Mike MahlendorfInterim CEO (5/2/14 - 6/30/14)
Bill WrichMember
Dianna OlsonMember
John WennekampMember
Ken McelhoseMember
Marvin HeiseMember
Roger NelsonMember
Carol GregorySecretary
Sandy McmullenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,120
Program Service Revenue
$80,438
Investment Income
$75
Other Revenue
$0
Change in Net Assets
$-45,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,633
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$81,633
Total Revenue per Form 990
$81,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,923
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
Depreciation Depletion$55,577--$55,577
Occupancy$30,606--$30,606
Office Expenses$14,235--$14,235
Insurance$9,166--$9,166
Fees for Services Management-$8,773-$8,773
Fees for Services Accounting-$8,566-$8,566
Total Functional Expenses$109,584$17,339$0$126,923

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$126,923
Total Expenses per Audited Statements$126,923
Total Expenses per Form 990$126,923
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
Tenant Security Deposits$6,923
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Part VI, Section B, Line 11

The cfo or the administrator will review the return, notify the tax preparer of approval and the return will be submitted to the irs. The return will be discussed at a monthly board of directors meeting and the cfo and administrator will be available for discussion and questions.

Form 990, Part VI, Section B, Line 12C

The policies and procedures are mandated by hud and follow hud guidelines. The ceo/administrator is in charge of monitoring compliance with the policy. Good shepherd lutheran community employees are asked to disclose any new conflicts of interest annually.

Form 990, Part VI, Section B, Line 15

The organization does not have employees. Good shepherd assisted living corporation pays an annual management fee to good shepherd lutheran community, a related organization, for services rendered. The management fee is a percentage of rent payments received.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

EIN
47-0819116
Phone
4024264663

Signing Officer

Name
Sherri Eddie
Title
CFO
Phone
4024264663
Signed
2014-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amie Clausen
Formed
1999
Legal Domicile
Ne
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Preparer
Barbara J Fajen
Phone
4023302660
Supplemental Narrative

Additional Explanations

FORM 990, PART XII LINE 2C:

The board of directors takes responsiblity for choosing the independent accountant and for the audit of the financial statements. This process has not changed from the prior year.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt080438
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0119777
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0134531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt016218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022088
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt019212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt064368
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0312
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0326643
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99520
IRS990ScheduleA/PublicSupportPY170Pct00.99510
IRS990ScheduleA/PublicSupportTotal170Amt064368
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt016218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt019212
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt064368
IRS990ScheduleA/TotalSupportAmt064680
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0544423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0746566
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01290989
IRS990ScheduleD/EquipmentGrp/BookValueAmt01864
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044640
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046504
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0126923
IRS990ScheduleD/LandGrp/BookValueAmt08328
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08328
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03673
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026737
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06923
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt081633
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0558288
IRS990ScheduleD/TotalExpensesPerForm990Amt0126923
IRS990ScheduleD/TotalLiabilityAmt06923
IRS990ScheduleD/TotalRevenuePerForm990Amt081633
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt081633
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0126923
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CFO OR THE ADMINISTRATOR WILL REVIEW THE RETURN, NOTIFY THE TAX PREPARER OF APPROVAL AND THE RETURN WILL BE SUBMITTED TO THE IRS. THE RETURN WILL BE DISCUSSED AT A MONTHLY BOARD OF DIRECTORS MEETING AND THE CFO AND ADMINISTRATOR WILL BE AVAILABLE FOR DISCUSSION AND QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICIES AND PROCEDURES ARE MANDATED BY HUD AND FOLLOW HUD GUIDELINES. THE CEO/ADMINISTRATOR IS IN CHARGE OF MONITORING COMPLIANCE WITH THE POLICY. GOOD SHEPHERD LUTHERAN COMMUNITY EMPLOYEES ARE ASKED TO DISCLOSE ANY NEW CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE EMPLOYEES. GOOD SHEPHERD ASSISTED LIVING CORPORATION PAYS AN ANNUAL MANAGEMENT FEE TO GOOD SHEPHERD LUTHERAN COMMUNITY, A RELATED ORGANIZATION, FOR SERVICES RENDERED. THE MANAGEMENT FEE IS A PERCENTAGE OF RENT PAYMENTS RECEIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS TAKES RESPONSIBLITY FOR CHOOSING THE INDEPENDENT ACCOUNTANT AND FOR THE AUDIT OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10GOOD SHEPHERD LUTHERAN COMMUNITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470391515
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NURSING FACILITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102242 WRIGHT ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0BLAIR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode068008
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01350438
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01350438
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0763534
IRS990/TotalAssetsEOYAmt0742944
IRS990/TotalAssetsGrp/BOYAmt0763534
IRS990/TotalAssetsGrp/EOYAmt0742944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01120
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017339
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0109584
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126923
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033315
IRS990/TotalLiabilitiesEOYAmt058015
IRS990/TotalLiabilitiesGrp/BOYAmt033315
IRS990/TotalLiabilitiesGrp/EOYAmt058015
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0730219
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0684929
IRS990/TotalOtherCompensationAmt033203

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