Civic Intelligence

Csg Residential Inc.

990 • Fiscal year 2015 • EIN 47-2000398

Jul 01, 2014 to Jun 30, 2015 • Filed on May 06, 2016

1000 Wynnton RoadColumbus, GA 31906

(706) 571-2800

Siviq Scores

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

Liabilities / Assets

86th percentile

0.75x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

2.47x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

29th percentile

-4.0%

Higher net margin than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$269,444

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 65.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$1,344,368

No earlier filing loaded for comparison.

Net Assets

$330,117

No earlier filing loaded for comparison.

Liabilities

$1,014,251

No earlier filing loaded for comparison.

Revenue

$411,405

No earlier filing loaded for comparison.

Expenses

$427,766

No earlier filing loaded for comparison.

Net Income

-$16,361

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.

$1.5M$1.0M$500K$0Assets 2015: $1,344,368Liabilities 2015: $1,014,251Net Assets 2015: $330,1172015Assets 2016: $1,234,475Liabilities 2016: $976,894Net Assets 2016: $257,5812016Assets 2017: $1,212,699Liabilities 2017: $966,464Net Assets 2017: $246,2352017Assets 2018: $1,212,063Liabilities 2018: $934,686Net Assets 2018: $277,3772018Assets 2019: $1,210,827Liabilities 2019: $915,176Net Assets 2019: $295,6512019Assets 2020: $1,228,721Liabilities 2020: $882,233Net Assets 2020: $346,4882020Assets 2021: $1,247,606Liabilities 2021: $861,450Net Assets 2021: $386,1562021Assets 2022: $1,270,647Liabilities 2022: $826,048Net Assets 2022: $444,5992022Assets 2024: $1,198,490Liabilities 2024: $742,917Net Assets 2024: $455,5732024

Highlighted filing

2015

Assets$1,344,368
Liabilities$1,014,251
Net Assets$330,117

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $411,405Expenses 2015: $427,766Net Income 2015: -$16,3612015Revenue 2016: $421,137Expenses 2016: $493,673Net Income 2016: -$72,5362016Revenue 2017: $408,639Expenses 2017: $419,985Net Income 2017: -$11,3462017Revenue 2018: $426,017Expenses 2018: $394,875Net Income 2018: $31,1422018Revenue 2019: $442,157Expenses 2019: $423,883Net Income 2019: $18,2742019Revenue 2020: $435,071Expenses 2020: $384,234Net Income 2020: $50,8372020Revenue 2021: $428,596Expenses 2021: $388,928Net Income 2021: $39,6682021Revenue 2022: $437,980Expenses 2022: $379,537Net Income 2022: $58,4432022Revenue 2024: $473,476Expenses 2024: $476,252Net Income 2024: -$2,7762024

Highlighted filing

2015

Revenue$411,405
Expenses$427,766
Net Income-$16,361
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 6, 2016
Return Version
2014v6.0
Gross Receipts
$411,405
Mission and Program Overview

Mission

The corporation is a nonprofit organization and is organized exclusively for charitable purposes,including, but not limited to, building and operating a multifamily rental housing project known as "gentian oak apartments- and any other projects as the board of directors may determine to be in the corporation's best interest.

The coproration is a nonprofit organization and is organized exclusively for charitable purposes, including, but not limited to, building and operating a multifamily rental housing project known as "gentian oaks apartments- and any other projects as the board of directors may determine to be in the corporation's best interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$911,111-
Savings and Temporary Cash Investments-$411,000-
Cash and Non-Interest-Bearing Accounts-$8,562-
Prepaid Expenses and Deferred Charges-$7,653-
Inventories for Sale or Use-$4,243-
Accounts Receivable-$1,799-
Total Assets$0$1,344,368▲ $1,344,368
Liabilities
Unsecured Notes Loans Payable-$925,143-
Accounts Payable and Accrued Expenses-$60,956-
Escrow Account Liability-$18,742-
Deferred Revenue-$9,410-
Total Liabilities$0$1,014,251▲ $1,014,251
Net Assets / Fund Balance
Unrestricted Net Assets-$330,117-
Total Net Assets Fund Balance$0$330,117▲ $330,117
Total Liabilities and Net Assets / Fund Balance$0$1,344,368▲ $1,344,368

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$895,396$26,685$922,081
Equipment$15,715$5,399$21,114
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lisa L WaltersSecretary/tr$115,382$115,382
Sabrina D RichardsVice Preside$83,792$83,792

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$409,877
Investment Income
$1,528
Other Revenue
$0
Change in Net Assets
$-16,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$427,766
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$231,528--$231,528
Fees for Services Other$80,546--$80,546
Office Expenses$35,992--$35,992
Depreciation Depletion$32,084--$32,084
Fees for Services Management-$24,626-$24,626
Information Technology$9,450--$9,450
Insurance$7,467--$7,467
Advertising$2,895--$2,895
Fees for Services Legal$1,937--$1,937
Travel$684--$684
Fees for Services Accounting$557--$557
Total Functional Expenses$403,140$24,626$0$427,766
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The housing authority of columbus, georgia provides services to csg residentail, inc. And charges certain management and maintenance fees for those services.

Form 990, Page 6, Part VI, Line 11B

The return is provided to the comptroller of the columbus housing authority for review prior to being filed.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Csg Residential Inc
EIN
47-2000398
Phone
7065712800
Address
1000 WYNNTON ROAD, COLUMBUS, GA 31906

Signing Officer

Name
J Len Williams
Title
President
Phone
7065712800
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Len Williams
Formed
2014
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
HURLEY O'NEILL & COMPANY PC
Address
36 MILLER STILE RD, QUINCY, MA 02169-5423
Preparer
J Thomas Hurley
Phone
6173766226
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The coproration is a nonprofit organization and is organized exclusively for charitable purposes, including, but not limited to, building and operating a multifamily rental housing project known as "gentian oaks apartments- and any other projects as the board of directors may determine to be in the corporation's best interests.

Form 990, Page 2, Part III, Line 4D

Providing affordable housing to residents of columbus, georgia.

Form 990, Part IX, Line 11G

Management services 80,546 0 0

Form 990, Part XI, Line 9

Equity transfered 346,478 the organization is a successor entity of a for profit corporation. All assets and liabilities have been transferred to the organization.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The escrow account liability on part x line 21 consists of tenant security deposits which are held in a separate bank account. The deposits are refunded to the tenant upon termination of the lease.

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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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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0269444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0J LEN WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0269444
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION, THE HOUSING AUTHORITY OF COLUMBUS, GA, UTILIZES A WRITTEN EMPLOYMENT CONTRACT TO ESTABLISH COMPENSATION OF CEO/EXECUTIVE DIRECTOR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COPRORATION IS A NONPROFIT ORGANIZATION AND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING, BUT NOT LIMITED TO, BUILDING AND OPERATING A MULTIFAMILY RENTAL HOUSING PROJECT KNOWN AS "GENTIAN OAKS APARTMENTS- AND ANY OTHER PROJECTS AS THE BOARD OF DIRECTORS MAY DETERMINE TO BE IN THE CORPORATION'S BEST INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDING AFFORDABLE HOUSING TO RESIDENTS OF COLUMBUS, GEORGIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE HOUSING AUTHORITY OF COLUMBUS, GEORGIA PROVIDES SERVICES TO CSG RESIDENTAIL, INC. AND CHARGES CERTAIN MANAGEMENT AND MAINTENANCE FEES FOR THOSE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS PROVIDED TO THE COMPTROLLER OF THE COLUMBUS HOUSING AUTHORITY FOR REVIEW PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGEMENT SERVICES 80,546 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUITY TRANSFERED 346,478 THE ORGANIZATION IS A SUCCESSOR ENTITY OF A FOR PROFIT CORPORATION. ALL ASSETS AND LIABILITIES HAVE BEEN TRANSFERRED TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING AUTHORITY OF COLUMBUS GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0586002906
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01000 WYNNTON ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COLUMBUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd031906
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt01344368
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01344368
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403140
IRS990/TotalFunctionalExpensesGrp/TotalAmt0427766
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01014251
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01014251
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0330117
IRS990/TotalProgramServiceExpensesAmt0403140
IRS990/TotalProgramServiceRevenueAmt0409877
IRS990/TotalRevenueGrp/ExclusionAmt01528
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0409877
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0411405
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01344368
IRS990/TotReportableCompRltdOrgAmt0468618
IRS990/TravelGrp/ProgramServicesAmt0684
IRS990/TravelGrp/TotalAmt0684
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0330117
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0925143
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01000 WYNNTON ROAD
IRS990/USAddress/CityNm0COLUMBUS
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031906
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0J LEN WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07065712800
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CSG RESIDENTIAL INC
ReturnHeader/Filer/BusinessNameControlTxt0CSGR
ReturnHeader/Filer/EIN0472000398
ReturnHeader/Filer/PhoneNum07065712800
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 WYNNTON ROAD
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031906
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043520245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HURLEY O'NEILL & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036 MILLER STILE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021695423
ReturnHeader/PreparerPersonGrp/PhoneNum06173766226
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J THOMAS HURLEY
ReturnHeader/ReturnTs02016-05-13T10:51:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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