Civic Intelligence

Csg Residential Inc.

990 • Fiscal year 2017 • EIN 47-2000398

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 23, 2018

PO Box 630Columbus, GA 31902

(706) 571-2800

Siviq Scores

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

Liabilities / Assets

88th percentile

0.80x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.37x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

31st percentile

-2.8%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$311,635

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 76.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

31st percentile

-1.8%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-3.0%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,212,699

Down $21,776 (-1.8%) from 2016

Net Assets

Down

$246,235

Down $11,346 (-4.4%) from 2016

Liabilities

Down

$966,464

Down $10,430 (-1.1%) from 2016

Revenue

Down

$408,639

Down $12,498 (-3.0%) from 2016

Expenses

Down

$419,985

Down $73,688 (-15%) from 2016

Net Income

Up

-$11,346

Up $61,190 (+84%) from 2016

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

2017

Assets$1,212,699
Liabilities$966,464
Net Assets$246,235

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

2017

Revenue$408,639
Expenses$419,985
Net Income-$11,346
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 23, 2018
Return Version
2016v3.1
Gross Receipts
$408,639
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 corporation 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$914,548$901,517▼ $13,031
Savings and Temporary Cash Investments$309,000$294,000▼ $15,000
Cash and Non-Interest-Bearing Accounts$4,458$9,054▲ $4,596
Prepaid Expenses and Deferred Charges$5,854$7,614▲ $1,760
Accounts Receivable$382$430▲ $48
Total Assets$1,234,475$1,212,699▼ $21,776
Other Assets Total$233$84▼ $149
Liabilities
Unsecured Notes Loans Payable$904,485$882,985▼ $21,500
Accounts Payable and Accrued Expenses$49,328$57,191▲ $7,863
Escrow Account Liability$19,083$17,938▼ $1,145
Deferred Revenue$3,998$8,350▲ $4,352
Total Liabilities$976,894$966,464▼ $10,430
Net Assets / Fund Balance
Unrestricted Net Assets$257,581$246,235▼ $11,346
Total Net Assets Fund Balance$257,581$246,235▼ $11,346
Total Liabilities and Net Assets / Fund Balance$1,234,475$1,212,699▼ $21,776

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$894,229$84,052$978,281
Equipment$7,288$17,174$24,462
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lisa L WaltersSecretary/tr$147,421$147,421
Sabrina D RichardsVice Preside$116,900$116,900

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
The Housing Authority Of Columbus GMgmt Services1000 WYNTON ROAD, Columbus, GA 31906$151,010
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$406,533
Investment Income
$1,138
Other Revenue
$968
Change in Net Assets
$-11,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$419,985
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$175,999--$175,999
Fees for Services Other$133,714--$133,714
Depreciation Depletion$35,481--$35,481
Fees for Services Management-$23,369-$23,369
Office Expenses$13,559--$13,559
Information Technology$10,969--$10,969
Insurance$6,642--$6,642
Travel$5,008--$5,008
Other Expenses$3,212--$3,212
Advertising$2,988--$2,988
Fees for Services Legal$2,043--$2,043
Fees for Services Accounting$833--$833
Conferences and Meetings$316--$316
Total Functional Expenses$396,616$23,369$0$419,985
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 residential, 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

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Csg Residential Inc
EIN
47-2000398
Phone
7065712800
Address
PO BOX 630, COLUMBUS, GA 31902

Signing Officer

Name
J Len Williams
Title
President
Phone
7065712800
Signed
2018-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Len Williams
Formed
2014
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Guyder Hurley Pc
Address
100 GRANDVIEW RD STE 320, BRAINTREE, MA 02184-2691
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, Part IX, Line 11G

Management services 133,714 0 0

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 residents upon termination of the lease.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01528
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03985
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0407501
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0419818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0409877
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01237196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01528
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03985
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01237196
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0407501
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0419818
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0409877
IRS990ScheduleA/Total509Grp/TotalAmt01237196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0408639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0421137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0411405
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01241181
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0894229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt084052
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0978281
IRS990ScheduleD/EquipmentGrp/BookValueAmt07288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024462
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 RESIDENTS UPON TERMINATION OF THE LEASE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0901517
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt015361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0243901
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt038310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014063
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0J LEN WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0311635
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/ScheduleORequiredInd0true
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/ExplanationTxt1THE HOUSING AUTHORITY OF COLUMBUS, GEORGIA PROVIDES SERVICES TO CSG RESIDENTIAL, INC. AND CHARGES CERTAIN MANAGEMENT AND MAINTENANCE FEES FOR THOSE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS PROVIDED TO THE COMPTROLLER OF THE COLUMBUS HOUSING AUTHORITY FOR REVIEW PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT SERVICES 133,714 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING AUTHORITY OF COLUMBUS GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0586002906
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
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/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
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/TotalAssetsBOYAmt01234475
IRS990/TotalAssetsEOYAmt01212699
IRS990/TotalAssetsGrp/BOYAmt01234475
IRS990/TotalAssetsGrp/EOYAmt01212699
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023369
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0396616
IRS990/TotalFunctionalExpensesGrp/TotalAmt0419985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0976894
IRS990/TotalLiabilitiesEOYAmt0966464
IRS990/TotalLiabilitiesGrp/BOYAmt0976894
IRS990/TotalLiabilitiesGrp/EOYAmt0966464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0257581
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0246235
IRS990/TotalOtherCompensationAmt0119979
IRS990/TotalProgramServiceExpensesAmt0396616
IRS990/TotalProgramServiceRevenueAmt0406533
IRS990/TotalRevenueGrp/ExclusionAmt01138
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0407501
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408639
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01234475
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01212699
IRS990/TotReportableCompRltdOrgAmt0455977
IRS990/TravelGrp/ProgramServicesAmt05008
IRS990/TravelGrp/TotalAmt05008
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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