Civic Intelligence

Whittier Falls Inc

990 • Fiscal year 2017 • EIN 47-0985665

Jan 01, 2017 to Dec 31, 2017 • Filed on May 25, 2018

Organization ProfileN/A
62 Whittier StreetDover, NH 03820

(603) 742-5804

Siviq Scores

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

Liabilities / Assets

86th percentile

0.58x

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

2017 filings • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

3.68x

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

2017 filings • $1M-$5M nonprofits • Source year 2017

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$153,619

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 26.1% of source-year revenue.

2017 filings • $1M-$5M nonprofits • Source year 2017

Asset Growth

26th percentile

-2.6%

Faster asset growth than 26% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

1.6%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$3,756,022

Down $101,785 (-2.6%) from 2016

Net Assets

Down

$1,590,640

Down $64,186 (-3.9%) from 2016

Liabilities

Down

$2,165,382

Down $37,599 (-1.7%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin22nd percentile

Revenue

Up

$588,635

Up $9,539 (+1.6%) from 2016

Expenses

Up

$652,821

Up $3,387 (+0.5%) from 2016

Net Income

Up

-$64,186

Up $6,152 (+8.7%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$6.0M$4.0M$2.0M$0Assets 2014: $4,050,957Liabilities 2014: $2,282,767Net Assets 2014: $1,768,1902014Assets 2015: $3,963,192Liabilities 2015: $2,238,028Net Assets 2015: $1,725,1642015Assets 2016: $3,857,807Liabilities 2016: $2,202,981Net Assets 2016: $1,654,8262016Assets 2017: $3,756,022Liabilities 2017: $2,165,382Net Assets 2017: $1,590,6402017Assets 2018: $3,663,918Liabilities 2018: $2,123,757Net Assets 2018: $1,540,1612018Assets 2019: $3,566,345Liabilities 2019: $2,084,089Net Assets 2019: $1,482,2562019Assets 2020: $3,460,715Liabilities 2020: $2,038,448Net Assets 2020: $1,422,2672020Assets 2021: $3,402,140Liabilities 2021: $2,064,896Net Assets 2021: $1,337,2442021Assets 2022: $3,317,629Liabilities 2022: $1,998,960Net Assets 2022: $1,318,6692022Assets 2023: $3,171,461Liabilities 2023: $1,890,869Net Assets 2023: $1,280,5922023Assets 2024: $3,135,106Liabilities 2024: $1,868,813Net Assets 2024: $1,266,2932024

Highlighted filing

2017

Assets$3,756,022
Liabilities$2,165,382
Net Assets$1,590,640
Open 2017 Filing

Operations Trend

Revenue Growth42nd percentile

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

$1.0M$500K$0-$500KRevenue 2014: $310,615Expenses 2014: $285,039Net Income 2014: $25,5762014Revenue 2015: $571,124Expenses 2015: $613,244Net Income 2015: -$42,1202015Revenue 2016: $579,096Expenses 2016: $649,434Net Income 2016: -$70,3382016Revenue 2017: $588,635Expenses 2017: $652,821Net Income 2017: -$64,1862017Revenue 2018: $606,921Expenses 2018: $657,400Net Income 2018: -$50,4792018Revenue 2019: $622,127Expenses 2019: $680,032Net Income 2019: -$57,9052019Revenue 2020: $640,883Expenses 2020: $700,872Net Income 2020: -$59,9892020Revenue 2021: $639,742Expenses 2021: $724,765Net Income 2021: -$85,0232021Revenue 2022: $641,045Expenses 2022: $659,620Net Income 2022: -$18,5752022Revenue 2023: $666,396Expenses 2023: $704,473Net Income 2023: -$38,0772023Revenue 2024: $722,164Expenses 2024: $736,463Net Income 2024: -$14,2992024

Highlighted filing

2017

Revenue$588,635
Expenses$652,821
Net Income-$64,186
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 25, 2018
Return Version
2017v2.2
Gross Receipts
$588,635
Mission and Program Overview

Mission

Provide housing for low income elderly people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,105,826$3,131,966▲ $26,140
Rtn Earn Endowment Incm Other Fnds$1,654,826$1,590,640▼ $64,186
Savings and Temporary Cash Investments$582,748$465,918▼ $116,830
Cash and Non-Interest-Bearing Accounts$90,741$77,388▼ $13,353
Investments Other Securities$41,269$40,230▼ $1,039
Intangible Assets$26,965$25,417▼ $1,548
Accounts Receivable$4,089$8,692▲ $4,603
Prepaid Expenses and Deferred Charges$6,169$6,411▲ $242
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,857,807$3,756,022▼ $101,785
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,114,160$2,075,384▼ $38,776
Accounts Payable and Accrued Expenses$45,412$49,733▲ $4,321
Other Liabilities$41,269$40,230▼ $1,039
Deferred Revenue$2,140$35▼ $2,105
Total Liabilities$2,202,981$2,165,382▼ $37,599
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,654,826$1,590,640▼ $64,186
Total Liabilities and Net Assets / Fund Balance$3,857,807$3,756,022▼ $101,785

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,783,258$446,505$3,229,763
Land$330,458-$330,458
Equipment$18,250$24,945$43,195
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleOtherTotal
Wendy TenneyTreasurer$101,592$101,592

Board Members and Trustees

NameTitle
Allan KransPresident, Secretary, Dire
Jack M BuckleyDirector
Katherine Parker-wrightDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$583,833
Investment Income
$1,174
Other Revenue
$3,628
Change in Net Assets
$-64,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$529,247
Salaries, Compensation, and Employee Benefits$123,574
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$166,950
Other Salaries and Wages---$112,452
Interest---$96,989
Fees for Services Management---$42,995
Insurance---$18,992
Payroll Taxes---$11,122
Office Expenses---$7,649
Fees for Services Accounting---$4,725
Fees for Services Legal---$727
Other Expenses---$376
Advertising---$26
Total Functional Expenses$0$0$0$652,821
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$40,230
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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 A, Line 6

“On may 27, 2014, whittier falls, inc. Issued three hundred (300) shares of common capital stock, without par value, to the dover housing authority, in consideration for the payment of $300. Dover housing authority is the sole shareholder of whittier falls, inc.”

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

“The board treasurer reviews the 990 and provides a copy to all the board members before its is submitted to the irs.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Whittier Falls Inc
EIN
47-0985665
Phone
6037425804
Address
62 WHITTIER STREET, DOVER, NH 03820

Signing Officer

Name
Allan B Krans
Title
President
Phone
6037425804
Signed
2018-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allan B Krans
Formed
2014
Legal Domicile
Nh
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ouellette & Associates Pa
Address
1111 LISBON STREET, LEWISTON, ME 04240
Preparer
Steven R Lamontagne CPA
Phone
2077860328
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Income taxes the corporation has been granted tax-exempt status under section 501(c)(25) of the internal revenue code. Therefore, no provision for income taxes has been charged to operations in the current year. The corporation is not a private foundation because it receives a substantial part of its support from a governmental unit. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the corporation and recognize a tax benefit or liability if the corporation has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a benefit or liability or disclosure in the financial statements. The corporation's tax returns are subject to routine audits by taxing jurisdictions for three years after they were filed which includes the tax years ending december 31, 2015 thru 2017; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix343 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045412
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt049733
IRS990/AccountsReceivableGrp/BOYAmt04089
IRS990/AccountsReceivableGrp/EOYAmt08692
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY PEOPLE.
IRS990/AdvertisingGrp/TotalAmt026
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ALLAN KRANS
IRS990/BooksInCareOfDetail/PhoneNum06037425804
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt062 WHITTIER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DOVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd003820
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt090741
IRS990/CashNonInterestBearingGrp/EOYAmt077388
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01174
IRS990/CYOtherExpensesAmt0529247
IRS990/CYOtherRevenueAmt03628
IRS990/CYProgramServiceRevenueAmt0583833
IRS990/CYRevenuesLessExpensesAmt0-64186
IRS990/CYSalariesCompEmpBnftPaidAmt0123574
IRS990/CYTotalExpensesAmt0652821
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0588635
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02140
IRS990/DeferredRevenueGrp/EOYAmt035
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0166950
IRS990/Desc0PROGRAM PROVIDES HOUSING FOR ELDERLY AND LOW INCOME PEOPLE
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0652821
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt04725
IRS990/FeesForServicesLegalGrp/TotalAmt0727
IRS990/FeesForServicesManagementGrp/TotalAmt042995
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ALLAN KRANS
IRS990/Form990PartVIISectionAGrp/PersonNm1WENDY TENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JACK M BUCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHERINE PARKER-WRIGHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0153619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1101592
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, SECRETARY, DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0588635
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt018992
IRS990/IntangibleAssetsGrp/BOYAmt026965
IRS990/IntangibleAssetsGrp/EOYAmt025417
IRS990/InterestGrp/TotalAmt096989
IRS990/InvestmentIncomeGrp/ExclusionAmt01174
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01174
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt041269
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt040230
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0471450
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03105826
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03131966
IRS990/LandBldgEquipCostOrOtherBssAmt03603416
IRS990/LegalDomicileStateCd0NH
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE HOUSING FOR LOW INCOME ELDERLY PEOPLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02114160
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02075384
IRS990/NetAssetsOrFundBalancesBOYAmt01654826
IRS990/NetAssetsOrFundBalancesEOYAmt01590640
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt07649
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt071197
IRS990/OtherExpensesGrp/TotalAmt170104
IRS990/OtherExpensesGrp/TotalAmt248517
IRS990/OtherExpensesGrp/TotalAmt3376
IRS990/OtherLiabilitiesGrp/BOYAmt041269
IRS990/OtherLiabilitiesGrp/EOYAmt040230
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03628
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03628
IRS990/OtherRevenueTotalAmt03628
IRS990/OtherSalariesAndWagesGrp/TotalAmt0112452
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011122
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06169
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06411
IRS990/PrincipalOfficerNm0ALLAN B KRANS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0578543
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0578543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15290
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01106
IRS990/PYOtherExpensesAmt0526292
IRS990/PYOtherRevenueAmt04117
IRS990/PYProgramServiceRevenueAmt0573873
IRS990/PYRevenuesLessExpensesAmt0-70338
IRS990/PYSalariesCompEmpBnftPaidAmt0123142
IRS990/PYTotalExpensesAmt0649434
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0579096
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-64186
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0587461
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01654826
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01590640
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0582748
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0465918
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02783258
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0446505
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03229763
IRS990ScheduleD/EquipmentGrp/BookValueAmt018250
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024945
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043195
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0330458
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0330458
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040230
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES THE CORPORATION HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(25) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN CHARGED TO OPERATIONS IN THE CURRENT YEAR. THE CORPORATION IS NOT A PRIVATE FOUNDATION BECAUSE IT RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX BENEFIT OR LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A BENEFIT OR LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION'S TAX RETURNS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS FOR THREE YEARS AFTER THEY WERE FILED WHICH INCLUDES THE TAX YEARS ENDING DECEMBER 31, 2015 THRU 2017; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03131966
IRS990ScheduleD/TotalLiabilityAmt040230
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0153619
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALLAN KRANS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, SECRETARY, DIRE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0153619
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON MAY 27, 2014, WHITTIER FALLS, INC. ISSUED THREE HUNDRED (300) SHARES OF COMMON CAPITAL STOCK, WITHOUT PAR VALUE, TO THE DOVER HOUSING AUTHORITY, IN CONSIDERATION FOR THE PAYMENT OF $300. DOVER HOUSING AUTHORITY IS THE SOLE SHAREHOLDER OF WHITTIER FALLS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD TREASURER REVIEWS THE 990 AND PROVIDES A COPY TO ALL THE BOARD MEMBERS BEFORE ITS IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03857807
IRS990/TotalAssetsEOYAmt03756022
IRS990/TotalAssetsGrp/BOYAmt03857807
IRS990/TotalAssetsGrp/EOYAmt03756022
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0652821
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02202981
IRS990/TotalLiabilitiesEOYAmt02165382
IRS990/TotalLiabilitiesGrp/BOYAmt02202981
IRS990/TotalLiabilitiesGrp/EOYAmt02165382
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01654826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01590640
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0652821
IRS990/TotalProgramServiceRevenueAmt0583833
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01174
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0587461
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0588635
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03857807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03756022
IRS990/TotReportableCompRltdOrgAmt0255211
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt062 WHITTIER STREET
IRS990/USAddress/CityNm0DOVER
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003820
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLAN B KRANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06037425804
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WHITTIER FALLS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O DOVER HOUSING AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0WHIT
ReturnHeader/Filer/EIN0470985665
ReturnHeader/Filer/PhoneNum06037425804
ReturnHeader/Filer/USAddress/AddressLine1Txt062 WHITTIER STREET
ReturnHeader/Filer/USAddress/CityNm0DOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003820
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BEA42A9E185F697EC61B6BB0F7A23B5CA1CD933A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.75.105.150
ReturnHeader/FilingSecurityInformation/IPDt02018-05-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:29:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010448675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OUELLETTE & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 LISBON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEWISTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004240
ReturnHeader/PreparerPersonGrp/PhoneNum02077860328
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R LAMONTAGNE CPA
ReturnHeader/ReturnTs02018-06-21T07:21:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,756,022
Liabilities
$2,165,382
Net assets
$1,590,640
Revenue
$588,635
Expenses
$652,821
Net income
-$64,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.14$1.87$1.27$0.72$0.74$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.17$1.89$1.28$0.67$0.70$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.32$2.00$1.32$0.64$0.66$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.40$2.06$1.34$0.64$0.72$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.46$2.04$1.42$0.64$0.70$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.57$2.08$1.48$0.62$0.68$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.66$2.12$1.54$0.61$0.66$0.05
2017Detailed filing. Detailed filing data is available for this year.$3.76$2.17$1.59$0.59$0.65$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.86$2.20$1.65$0.58$0.65$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.96$2.24$1.73$0.57$0.61$0.04
2014Summary only. Only limited summary data is available for this year.$4.05$2.28$1.77$0.31$0.29$0.03