Civic Intelligence

Salem Woods CIVIC Association Inc

EIN 54-1276650 • 501(c)7 • Virginia Beach, VA

Profile

To enforce community rules and deed restrictions for the neighborhood: to provide meeting and entertainment facilities in the clubhouse and to promote community goodwill and spirt.

4549 Revere DriveVirginia Beach, VA 23456

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

1.98x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-119%

Higher net margin than 4% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$4,716

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 51.5% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

39th percentile

-3.4%

Faster asset growth than 39% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-82%

Faster revenue growth than 4% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$272,232

Down $9,478 (-3.4%) from 2014

Liabilities

Down

$18,152

Down $591 (-3.2%) from 2014

Net Assets

Down

$254,080

Down $8,887 (-3.4%) from 2014

Operations
Liabilities / Revenue98th percentileNet Margin4th percentile

Revenue

Down

$9,152

Down $41,742 (-82%) from 2014

Expenses

Down

$20,034

Down $8,895 (-31%) from 2014

Net Income

Down

-$10,882

Down $32,847 (-150%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $289,391Liabilities 2011: $32,8732011Assets 2012: $276,195Liabilities 2012: $32,7232012Assets 2013: $271,152Liabilities 2013: $32,828Net Assets 2013: $238,3242013Assets 2014: $281,710Liabilities 2014: $18,743Net Assets 2014: $262,9672014Assets 2015: $272,232Liabilities 2015: $18,152Net Assets 2015: $254,0802015

Highlighted filing

2015

Assets$272,232
Liabilities$18,152
Net Assets$254,080
Open 2015 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $72,202Expenses 2011: $76,753Net Income 2011: -$4,5512011Revenue 2012: $21,662Expenses 2012: $39,777Net Income 2012: -$18,1152012Revenue 2013: $15,423Expenses 2013: $28,140Net Income 2013: -$12,7172013Revenue 2014: $50,894Expenses 2014: $28,929Net Income 2014: $21,9652014Revenue 2015: $9,152Expenses 2015: $20,034Net Income 2015: -$10,8822015

Highlighted filing

2015

Revenue$9,152
Expenses$20,034
Net Income-$10,882
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$272,232
Liabilities
$18,152
Net assets
$254,080
Revenue
$9,152
Expenses
$20,034
Net income
-$10,882
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.18$2.54$0.09$0.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.82$0.19$2.63$0.51$0.29$0.22
2013Detailed filing. Detailed filing data is available for this year.$2.71$0.33$2.38$0.15$0.28$0.13
2012Summary only. Only limited summary data is available for this year.$2.76$0.33$0.22$0.40$0.18
2011Summary only. Only limited summary data is available for this year.$2.89$0.33$0.72$0.77$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$9,379
Mission and Program Overview

Mission

To enforce community rules and deed restrictions for the neighborhood: to provide meeting and entertainment facilities in the clubhouse and to promote community goodwill and spirt.

Program Services

DescriptionGrantsExpenses
MEMBER DUES AND FEES ARE COLLECTED TO MAINTAIN DAILY OPERATIONS AND TO ALLOW FOR THE ENJOYMENT OF COMMUNITY ACTIVITIES.--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BELINDA TRABEROffice ManagerPT$4,716-$4,716
LIZ COSSOBOONPresident-$0--
MORRIS ELLISONVice President-$0--
LIZ COSSOBOONFundraising-$0--
PETE LEAVITTDeed Enforcement-$0--
JIM PAYNENeighborhood Watch-$0--
Filing and Contact Details

Filer

Filer Name
Salem Woods Civic Association Inc
EIN
54-1276650
Phone
7574677958
Address
4549 REVERE DRIVE, VIRGINIA BEACH, VA 23456

Signing Officer

Name
Liz Cossaboon
Title
President
Phone
7574677958
Signed
2016-11-03

Preparer

Firm
Stanley Accounting Services Inc
Address
3808 VIRGINIA BEACH BLVD, VIRGINIA BEACH, VA 23452
Preparer
Clara L Stanley
Phone
7573403056
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“BANK CHARGES 57.”

Form 990EZ, Part I, Line 16

“SECURITY 372.”

Form 990EZ, Part I, Line 16

“LICENSES/FEES 120.”

Form 990EZ, Part I, Line 16

“INSURANCE 2209.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 686.”

Form 990EZ, Part I, Line 16

“Depreciation 450.”

Form 990EZ, Part I, Line 16

“PAYROLL TAXES 441.”

Form 990EZ, Part I, Line 16

“ADVERTISING 31.”

Form 990EZ, Part I, Line 16

“ACCOUNTING 1385.”

Form 990EZ, Part I, Line 16

“TAX & LICENSES 25.”

Form 990EZ, Part I, Line 20

“AMERICAN CENTURY 1995.”

Form 990EZ, Part II, Line 26

“PAYROLL TAX 94. 104.”

Form 990EZ, Part II, Line 26

“Refundable dues/escrow 18649. 18048.”

Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE ASSOCIATION MANAGEMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum07574954844
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04549 Revere Drive Virginia
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023456
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0208359
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0199331
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10882
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0281710
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0272232
IRS990EZ/FundraisingGrossIncomeAmt0285
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt09379
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0994
IRS990EZ/LandAndBuildingsGrp/BOYAmt073351
IRS990EZ/LandAndBuildingsGrp/EOYAmt072901
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt08100
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0262967
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0254080
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0262967
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0254080
IRS990EZ/OccupancyRentUtltsAndMaintAmt09401
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt56.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt54716
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LIZ COSSOBOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MORRIS ELLISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LIZ COSSOBOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETE LEAVITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIM PAYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BELINDA TRABER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2FUNDRAISING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DEED ENFORCEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4NEIGHBORHOOD WATCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5OFFICE MANAGER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt01995
IRS990EZ/OtherExpensesTotalAmt05776
IRS990EZ/PrimaryExemptPurposeTxt0TO ENFORCE COMMUNITY RULES AND DEED RESTRICTIONS FOR THE NEIGHBORHOOD: TO PROVIDE MEETING AND ENTERTAINMENT FACILITIES IN THE CLUBHOUSE AND TO PROMOTE COMMUNITY GOODWILL AND SPIRT.
IRS990EZ/PrintingPublicationsPostageAmt0141
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEMBER DUES AND FEES ARE COLLECTED TO MAINTAIN DAILY OPERATIONS AND TO ALLOW FOR THE ENJOYMENT OF COMMUNITY ACTIVITIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04716
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt0227
IRS990EZ/SpecialEventsNetIncomeLossAmt058
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018743
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018152
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020034
IRS990EZ/TotalRevenueAmt09152
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK CHARGES 57.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECURITY 372.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LICENSES/FEES 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 2209.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE SUPPLIES 686.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation 450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL TAXES 441.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ADVERTISING 31.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCOUNTING 1385.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TAX & LICENSES 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10AMERICAN CENTURY 1995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PAYROLL TAX 94. 104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12REFUNDABLE DUES/ESCROW 18649. 18048.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LIZ COSSABOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07574677958
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALEM WOODS CIVIC ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SALE
ReturnHeader/Filer/EIN0541276650
ReturnHeader/Filer/PhoneNum07574677958
ReturnHeader/Filer/USAddress/AddressLine1Txt04549 REVERE DRIVE
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023456
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STANLEY ACCOUNTING SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03808 VIRGINIA BEACH BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023452
ReturnHeader/PreparerPersonGrp/PhoneNum07573403056
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLARA L STANLEY
ReturnHeader/ReturnTs02016-11-04T13:43:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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