Civic Intelligence

Rural Housing Services Inc

990EZ • Fiscal year 2022 • EIN 52-1306869

Oct 01, 2021 to Sep 30, 2022 • Filed on May 24, 2023

Organization ProfileN/A
1025 Vermont Avenue NW 606Washington, DC 20005

(202) 842-8600

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

77%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

43rd percentile

-1.6%

Faster asset growth than 43% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

519%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$468,072

Down $7,453 (-1.6%) from 2021

Net Assets

Down

$468,072

Down $7,453 (-1.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin97th percentile

Revenue

Up

$1,708

Up $1,432 (+519%) from 2021

Expenses

Up

$398

Up $10 (+2.6%) from 2021

Net Income

Up

$1,310

Up $1,422 (+1270%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$800K$600K$400K$200K$0Assets 2011: $745,196Liabilities 2011: $616,528Net Assets 2011: $128,6682011Assets 2012: $759,963Liabilities 2012: $616,528Net Assets 2012: $143,4352012Assets 2013: $751,896Liabilities 2013: $616,527Net Assets 2013: $135,3692013Assets 2014: $729,897Liabilities 2014: $628,048Net Assets 2014: $101,8492014Assets 2015: $641,149Liabilities 2015: $540,147Net Assets 2015: $101,0022015Assets 2016: $643,446Liabilities 2016: $184,289Net Assets 2016: $459,1572016Assets 2017: $466,102Liabilities 2017: $0Net Assets 2017: $466,1022017Assets 2018: $457,082Liabilities 2018: $0Net Assets 2018: $457,0822018Assets 2019: $474,451Liabilities 2019: $1,340Net Assets 2019: $473,1112019Assets 2020: $476,220Liabilities 2020: $0Net Assets 2020: $476,2202020Assets 2021: $475,525Liabilities 2021: $0Net Assets 2021: $475,5252021Assets 2022: $468,072Liabilities 2022: $0Net Assets 2022: $468,0722022Assets 2023: $481,026Liabilities 2023: $0Net Assets 2023: $481,0262023Assets 2024: $494,723Liabilities 2024: $0Net Assets 2024: $494,7232024

Highlighted filing

2022

Assets$468,072
Liabilities$0
Net Assets$468,072
Open 2022 Filing

Operations Trend

Revenue Growth97th percentile

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

$100K$50K$0-$50K-$100KRevenue 2011: $17,275Expenses 2011: $25,860Net Income 2011: -$8,5852011Revenue 2012: $21,570Expenses 2012: $6,803Net Income 2012: $14,7672012Revenue 2013: $6,171Expenses 2013: $14,237Net Income 2013: -$8,0662013Revenue 2014: $9,840Expenses 2014: $43,360Net Income 2014: -$33,5202014Revenue 2015: $10,464Expenses 2015: $80,939Net Income 2015: -$70,4752015Revenue 2016: $43,732Expenses 2016: $10,487Net Income 2016: $33,2452016Revenue 2017: $9,786Expenses 2017: $1,893Net Income 2017: $7,8932017Revenue 2018: $6,093Expenses 2018: $12,953Net Income 2018: -$6,8602018Revenue 2019: $16,813Expenses 2019: $3,768Net Income 2019: $13,0452019Revenue 2020: $3,607Expenses 2020: $437Net Income 2020: $3,1702020Revenue 2021: $276Expenses 2021: $388Net Income 2021: -$1122021Revenue 2022: $1,708Expenses 2022: $398Net Income 2022: $1,3102022Revenue 2023: $5,097Expenses 2023: $414Net Income 2023: $4,6832023Revenue 2024: $13,269Expenses 2024: $0Net Income 2024: $13,2692024

Highlighted filing

2022

Revenue$1,708
Expenses$398
Net Income$1,310
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 24, 2023
Return Version
2021v4.2
Gross Receipts
$1,708
Mission and Program Overview

Mission

To promote the social welfare of low-income persons in rural areas and communities of the u.s.

Program Services

DescriptionGrantsExpenses
RURAL HOUSING SERVICES, INC. (RHS) MANAGED THE OPERATIONS OF ALL ITS LOW-INCOME HOUSING PROJECTS.$0$0
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID LIPSETZPresident-$0--
KARIN KLUSMANNAsst. Secretary/Treasurer-$0--
LAURA BUXBAUMDirector-$0--
WAYNE DUCHENEAUXDirector - Until 02/2022-$0--
TOM MANNING-BEAVINDirector-$0--
MARIA LUISA MERCADODirector-$0--
BILL PICOTTEDirector-$0--
NAOMI SCIPIODirector-$0--
Filing and Contact Details

Filer

Filer Name
Rural Housing Services Inc
EIN
52-1306869
Phone
2028428600
Address
1025 VERMONT AVENUE NW 606, WASHINGTON, DC 20005

Signing Officer

Name
David Lipsetz
Title
President
Phone
2028428600
Signed
2023-05-24
Discuss with paid preparer
Yes

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 1,702.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: return to owner income. Amount: 6.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: unrealized loss. Amount: -8,763.”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KARIN KLUSMANN
IRS990EZ/BooksInCareOfDetail/PhoneNum02028428600
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01025 VERMONT AVENUE NW 606
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020005
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0475525
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0468072
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01310
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0398
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0475525
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0468072
IRS990EZ/GrossReceiptsAmt01708
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt01702
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0475525
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0468072
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0475525
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0468072
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID LIPSETZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KARIN KLUSMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURA BUXBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WAYNE DUCHENEAUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TOM MANNING-BEAVIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARIA LUISA MERCADO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BILL PICOTTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7NAOMI SCIPIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1ASST. SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR - UNTIL 02/2022
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-8763
IRS990EZ/OtherRevenueTotalAmt06
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE SOCIAL WELFARE OF LOW-INCOME PERSONS IN RURAL AREAS AND COMMUNITIES OF THE U.S.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RURAL HOUSING SERVICES, INC. (RHS) MANAGED THE OPERATIONS OF ALL ITS LOW-INCOME HOUSING PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0398
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01708
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 1,702.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RETURN TO OWNER INCOME. AMOUNT: 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED LOSS. AMOUNT: -8,763.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LIPSETZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02028428600
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RURAL HOUSING SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0RURA
ReturnHeader/Filer/EIN0521306869
ReturnHeader/Filer/PhoneNum02028428600
ReturnHeader/Filer/USAddress/AddressLine1Txt01025 VERMONT AVENUE NW 606
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020005
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022274000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON M FOX
ReturnHeader/ReturnTs02023-05-25T06:40:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LIPSETZ
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$468,072
Liabilities
$0
Net assets
$468,072
Revenue
$1,708
Expenses
$398
Net income
$1,310
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$0.13$0.00$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$0.00$4.81$0.05$0.00$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.02$0.00$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.00$4.76$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$0.04$0.00$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$0.01$4.73$0.17$0.04$0.13
2018Detailed filing. Detailed filing data is available for this year.$4.57$0.00$4.57$0.06$0.13$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$0.00$4.66$0.10$0.02$0.08
2016Detailed filing. Detailed filing data is available for this year.$6.43$1.84$4.59$0.44$0.10$0.33
2015Detailed filing. Detailed filing data is available for this year.$6.41$5.40$1.01$0.10$0.81$0.70
2014Summary only. Only limited summary data is available for this year.$7.30$6.28$1.02$0.10$0.43$0.34
2013Summary only. Only limited summary data is available for this year.$7.52$6.17$1.35$0.06$0.14$0.08
2012Summary only. Only limited summary data is available for this year.$7.60$6.17$1.43$0.22$0.07$0.15
2011Summary only. Only limited summary data is available for this year.$7.45$6.17$1.29$0.17$0.26$0.09