Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.08x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Down$5,685,158
Down $246,456 (-4.2%) from 2018
Net Assets
Down-$477,239
Down $125,740 (-36%) from 2018
Liabilities
Down$6,162,397
Down $120,716 (-1.9%) from 2018
Revenue And Expenses
Revenue
Up$326,199
Up $158,155 (+94%) from 2018
Expenses
Up$451,939
Up $17,419 (+4.0%) from 2018
Net Income
Up-$125,740
Up $140,736 (+53%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Mar 31, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $326,199
Mission and Program Overview
Mission
None
To provide affordable housing.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $5,587,733 | $5,464,039 | ▼ $123,694 |
| Savings and Temporary Cash Investments | $229,750 | $116,571 | ▼ $113,179 |
| Intangible Assets | $103,700 | $96,165 | ▼ $7,535 |
| Loans From Officers Directors | $151,318 | $54,252 | ▼ $97,066 |
| Prepaid Expenses and Deferred Charges | $10,431 | $8,383 | ▼ $2,048 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-351,499 | $-477,239 | ▼ $125,740 |
| Total Assets | $5,931,614 | $5,685,158 | ▼ $246,456 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $4,198,490 | $4,198,490 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $1,917,327 | $1,870,647 | ▼ $46,680 |
| Accounts Payable and Accrued Expenses | - | $39,008 | - |
| Other Liabilities | $15,978 | $0 | ▼ $15,978 |
| Total Liabilities | $6,283,113 | $6,162,397 | ▼ $120,716 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-351,499 | $-477,239 | ▼ $125,740 |
| Total Liabilities and Net Assets / Fund Balance | $5,931,614 | $5,685,158 | ▼ $246,456 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,762,327 | $287,241 | $4,049,568 |
| Land | $1,467,718 | - | $1,467,718 |
| Leasehold Improvements | $134,427 | $27,456 | $161,883 |
| Equipment | $36,353 | $52,806 | $89,159 |
| Other Land Buildings | $63,214 | - | $63,214 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Bruce Walker | President |
| Steve Gehrtz | Vice-President |
| Vicki Campbell | Secretary |
| Todd Berning | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $261,988
- Investment Income
- $172
- Other Revenue
- $64,039
- Change in Net Assets
- $-125,740
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $451,939 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $193,963 | - | - | $193,963 |
| Occupancy | $118,795 | - | - | $118,795 |
| Interest | $90,748 | - | - | $90,748 |
| Insurance | $15,634 | - | - | $15,634 |
| Fees for Services Management | - | $13,030 | - | $13,030 |
| Fees for Services Accounting | - | $11,865 | - | $11,865 |
| Advertising | - | $4,690 | - | $4,690 |
| Fees for Services Other | - | $2,330 | - | $2,330 |
| Office Expenses | - | $310 | - | $310 |
| Other Expenses | - | $31 | - | $31 |
| Total Functional Expenses | $419,140 | $32,799 | $0 | $451,939 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $151,318 | $54,252 | ▼ $97,066 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- 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
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, line 2
“Todd Berning, Steve Gehrtz, and Bruce Walker have a business relationship.”
Form 990, Part VI, Section A, line 6
“Membership in this organization is open to all who are previously approved and ratified by the Board of Directors.”
Form 990, Part VI, Section A, line 7B
“The by-laws may be altered, amended, repealed, or added to by an affirmative vote of not less than sixty-six and sixty-seven hundreths (66.67%) percent of the members.”
Form 990, Part VI, Section A, line 8B
“There are no committees which can act on behalf of the governing body.”
Form 990, Part VI, Section B, line 11B
“A draft copy of the Form 990 is provided to the governing body before it is filed and it is reviewed at a board meeting.”
Form 990, Part VI, Section B, line 12C
“Under the Organization's conflict of interest policy an interested person is any director, principal officer or member of a committee with governing board delegated powers who has a direct or indirect financial interest. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable.”
Form 990, Part VI, Section C, line 19
“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Essential Living Inc
- EIN
- 47-5214587
- Phone
- 7018523045
- Address
- 400 10th St SE, Minot, ND 58701
Signing Officer
- Name
- Todd Berning
- Title
- Treasurer
- Phone
- 7018523045
- Signed
- 2020-03-31
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Bruce Walker
- Formed
- 2015
- Legal Domicile
- Nd
- Voting Board Members
- 4
- Independent Board Members
- 1
- Employees
- 0
- Volunteers
- 3
Preparer
- Firm
- Eide Bailly LLP
- Address
- 1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
- Preparer
- Lisa Chaffee CPA
- Phone
- 7012551091
Raw XML Appendix379 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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 39008 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To provide affordable housing. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 4690 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4690 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Todd Berning |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7018523045 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 400 10th St SE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Minot |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 58701 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 172 |
| IRS990/CYOtherExpensesAmt | 0 | 451939 |
| IRS990/CYOtherRevenueAmt | 0 | 64039 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 261988 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -125740 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 451939 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 326199 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 193963 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 193963 |
| IRS990/Desc | 0 | Essential Living, Inc. will provide low-income housing to the citizens of North Dakota who are fifty-five (55) years and older, essential service workers, and/or others who may qualify for affordable housing pursuant to the Department of Housing and Urban Development (HUD) and the North Dakota Housing Finance Agency. The remodel was completed in 2018. There are 41 units and 37 were occupied at the end of 2019. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 419140 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11865 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11865 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 13030 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 13030 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 2330 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 2330 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Bruce Walker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Steve Gehrtz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Todd Berning |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Vicki Campbell |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice-President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 326199 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 15634 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15634 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 103700 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 96165 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 90748 |
| IRS990/InterestGrp/TotalAmt | 0 | 90748 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 172 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 172 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 367503 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5587733 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5464039 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5831542 |
| IRS990/LegalDomicileStateCd | 0 | ND |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 151318 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 54252 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | None |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1917327 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1870647 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -351499 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -477239 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 118795 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 118795 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 310 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 310 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Licenses and Fees |
| IRS990/OtherExpensesGrp/Desc | 1 | Miscellaneous Expenses |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 543 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 31 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 543 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 31 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 15978 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Buydown Interest |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 64039 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 64039 |
| IRS990/OtherRevenueTotalAmt | 0 | 64039 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 10431 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8383 |
| IRS990/PrincipalOfficerNm | 0 | Bruce Walker |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Rental Revenue |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 260610 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 260610 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 50 |
| IRS990/PYOtherExpensesAmt | 0 | 434520 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 167994 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -266476 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 434520 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 168044 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -125740 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 261988 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -351499 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -477239 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 229750 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 116571 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Buydown Interest - 2019 Amount: $ 64,039. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10, Explanation of Other Income: |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 172 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 222 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 476436 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 64039 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 64039 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 64261 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3762327 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 287241 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4049568 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 36353 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 52806 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 89159 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1467718 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1467718 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 134427 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 27456 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 161883 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 63214 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 63214 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5464039 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 13563 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 27126 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 2 | 13563 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 2 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | Gehrtz Property Shares |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 1 | Cardeb |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 2 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | To reclassify Park South loans used to purchase land and property |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | To reclassify Park South loans used to purchase land and property |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 2 | To reclassify Park South loans used to purchase land and property |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 2 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 38563 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 77126 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 2 | 38563 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Bruce Walker |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Steve Gehrtz, board member, owns more than 35% of Gertz Property Shares |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | Board Member |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 2 | Todd Berning, board member, owns more than 35% of Cardeb |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 2 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 54252 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Todd Berning, Steve Gehrtz, and Bruce Walker have a business relationship. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Membership in this organization is open to all who are previously approved and ratified by the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The by-laws may be altered, amended, repealed, or added to by an affirmative vote of not less than sixty-six and sixty-seven hundreths (66.67%) percent of the members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | There are no committees which can act on behalf of the governing body. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A draft copy of the Form 990 is provided to the governing body before it is filed and it is reviewed at a board meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Under the Organization's conflict of interest policy an interested person is any director, principal officer or member of a committee with governing board delegated powers who has a direct or indirect financial interest. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5931614 |
| IRS990/TotalAssetsEOYAmt | 0 | 5685158 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5931614 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5685158 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 32799 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 419140 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 451939 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 6283113 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6162397 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 6283113 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6162397 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -351499 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -477239 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1378 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 1378 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 419140 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 261988 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 64211 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 261988 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 326199 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5931614 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5685158 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 4198490 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 4198490 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 400 10th St SE |
| IRS990/USAddress/CityNm | 0 | Minot |
| IRS990/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/USAddress/ZIPCd | 0 | 58701 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 1 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2020-09-23 17:36:50Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Todd Berning |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7018523045 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-03-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Essential Living Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ESSE |
| ReturnHeader/Filer/EIN | 0 | 475214587 |
| ReturnHeader/Filer/PhoneNum | 0 | 7018523045 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 400 10th St SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Minot |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 58701 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 8F0352E6017984735DB27C84D59710DA177A7AEA |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 69.26.19.73 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-03-31 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:15:15 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450250958 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Eide Bailly LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1730 Burnt Boat Loop Ste 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bismarck |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 585030886 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7012551091 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-03-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lisa Chaffee CPA |
| ReturnHeader/ReturnTs | 0 | 2020-04-21T09:31:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $5,685,158
- Liabilities
- $6,162,397
- Net assets
- -$477,239
- Revenue
- $326,199
- Expenses
- $451,939
- Net income
- -$125,740