Civic Intelligence

Riverview Apartments Inc C/O National Church Residences

990 • Fiscal year 2018 • EIN 55-0681150

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 16, 2018

2335 North Bank DriveColumbus, OH 43220

(614) 451-2151

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.11x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.46x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Net Margin

66th percentile

15%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Asset Growth

78th percentile

12%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

7.3%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$680,963

Up $70,624 (+12%) from 2017

Net Assets

Up

$606,167

Up $24,466 (+4.2%) from 2017

Liabilities

Up

$74,796

Up $46,158 (+161%) from 2017

Revenue

Up

$161,446

Up $10,945 (+7.3%) from 2017

Expenses

Down

$136,980

Down $25,020 (-15%) from 2017

Net Income

Up

$24,466

Up $35,965 (+313%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $766,844Liabilities 2010: $52,962Net Assets 2010: $713,8822010Assets 2011: $720,695Liabilities 2011: $60,648Net Assets 2011: $660,0472011Assets 2012: $688,516Liabilities 2012: $64,835Net Assets 2012: $623,6812012Assets 2013: $653,361Liabilities 2013: $42,810Net Assets 2013: $610,5512013Assets 2014: $656,846Liabilities 2014: $46,820Net Assets 2014: $610,0262014Assets 2015: $641,455Liabilities 2015: $39,911Net Assets 2015: $601,5442015Assets 2016: $617,322Liabilities 2016: $24,122Net Assets 2016: $593,2002016Assets 2017: $610,339Liabilities 2017: $28,638Net Assets 2017: $581,7012017Assets 2018: $680,963Liabilities 2018: $74,796Net Assets 2018: $606,1672018Assets 2019: $618,176Liabilities 2019: $18,754Net Assets 2019: $599,4222019Assets 2020: $602,281Liabilities 2020: $22,856Net Assets 2020: $579,4252020Assets 2021: $647,647Liabilities 2021: $35,289Net Assets 2021: $612,3582021Assets 2022: $654,882Liabilities 2022: $31,571Net Assets 2022: $623,3112022Assets 2023: $738,780Liabilities 2023: $27,941Net Assets 2023: $710,8392023Assets 2024: $819,919Liabilities 2024: $28,434Net Assets 2024: $791,4852024Assets 2025: $882,860Liabilities 2025: $35,174Net Assets 2025: $847,6862025

Highlighted filing

2018

Assets$680,963
Liabilities$74,796
Net Assets$606,167

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $59,656Expenses 2010: $122,484Net Income 2010: -$62,8282010Expenses 2011: $129,2982011Expenses 2012: $127,4512012Expenses 2013: $155,4062013Revenue 2014: $153,978Expenses 2014: $154,503Net Income 2014: -$5252014Revenue 2015: $153,180Expenses 2015: $161,662Net Income 2015: -$8,4822015Revenue 2016: $163,005Expenses 2016: $171,349Net Income 2016: -$8,3442016Revenue 2017: $150,501Expenses 2017: $162,000Net Income 2017: -$11,4992017Revenue 2018: $161,446Expenses 2018: $136,980Net Income 2018: $24,4662018Revenue 2019: $165,797Expenses 2019: $172,542Net Income 2019: -$6,7452019Revenue 2020: $155,166Expenses 2020: $175,163Net Income 2020: -$19,9972020Revenue 2021: $209,050Expenses 2021: $176,117Net Income 2021: $32,9332021Revenue 2022: $203,388Expenses 2022: $192,435Net Income 2022: $10,9532022Revenue 2023: $270,969Expenses 2023: $183,441Net Income 2023: $87,5282023Revenue 2024: $299,202Expenses 2024: $218,556Net Income 2024: $80,6462024Revenue 2025: $313,981Expenses 2025: $257,780Net Income 2025: $56,2012025

Highlighted filing

2018

Revenue$161,446
Expenses$136,980
Net Income$24,466
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 16, 2018
Return Version
2017v2.3
Gross Receipts
$161,446
Mission and Program Overview

Mission

To provide housing to low-income, elderly and/or disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$492,319$506,724▲ $14,405
Accounts Receivable$483$38,122▲ $37,639
Savings and Temporary Cash Investments$23,746$26,099▲ $2,353
Prepaid Expenses and Deferred Charges$3,279$2,624▼ $655
Cash and Non-Interest-Bearing Accounts$150$150→ $0
Total Assets$610,339$680,963▲ $70,624
Other Assets Total$90,362$107,244▲ $16,882
Liabilities
Accounts Payable and Accrued Expenses$15,293$68,008▲ $52,715
Other Liabilities$6,559$6,781▲ $222
Mortgage Notes Payable Secured by Investment Property$6,774$0▼ $6,774
Deferred Revenue$12$7▼ $5
Total Liabilities$28,638$74,796▲ $46,158
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,170,500$1,170,500→ $0
Unrestricted Net Assets$-588,799$-564,333▲ $24,466
Total Net Assets Fund Balance$581,701$606,167▲ $24,466
Total Liabilities and Net Assets / Fund Balance$610,339$680,963▲ $70,624

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$496,446$548,087$1,044,533
Other Land Buildings$1,827$71,373$73,200
Equipment$0$21,443$21,443
Land$8,451-$8,451
Other Assets Org$407--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tracy SummersVice President
Joseph JonesDirector
Rocky RomineDirector
Thomas GilliganDirector
Joseph GriffithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$96,111
Program Service Revenue
$63,286
Investment Income
$350
Other Revenue
$1,699
Change in Net Assets
$24,466

Audited Revenue Reconciliation

Revenue per Audited Statements
$161,446
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$161,446
Total Revenue per Form 990
$161,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,980
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
Depreciation Depletion$28,651--$28,651
Office Expenses$26,751--$26,751
Occupancy$25,154--$25,154
Other Expenses$23,204--$23,204
Fees for Services Management-$12,096-$12,096
Fees for Services Accounting$5,210$3,973-$9,183
Insurance$8,819--$8,819
Conferences and Meetings$1,705--$1,705
Travel$940--$940
Advertising$477--$477
Total Functional Expenses$120,911$16,069$0$136,980

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$136,980
Total Expenses per Audited Statements$136,980
Total Expenses per Form 990$136,980
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$6,781
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The management agent acts as a bookkeeper for the organization. They prepare monthly financial statements, review vacancies, and control disbursements with the exception of petty cash.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is provided to the board of directors before it is filed.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Riverview Apartments Inc
EIN
55-0681150
Phone
6144512151
Address
2335 NORTH BANK DRIVE, COLUMBUS, OH 43220

Signing Officer

Name
Tracy Summers
Title
President
Phone
6144512151
Signed
2018-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Summers
Formed
1988
Legal Domicile
Wv
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
2

Preparer

Firm
Tidwell Group LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Chadd Weisert Jd
Phone
6145281465
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The organization has an audit committee which oversees the audit of the financial statements and is involved in the selection of the independent accountant which performs the audit. This process has not changed from the prior year.

Raw XML Appendix353 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT AGENT ACTS AS A BOOKKEEPER FOR THE ORGANIZATION. THEY PREPARE MONTHLY FINANCIAL STATEMENTS, REVIEW VACANCIES, AND CONTROL DISBURSEMENTS WITH THE EXCEPTION OF PETTY CASH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND IS INVOLVED IN THE SELECTION OF THE INDEPENDENT ACCOUNTANT WHICH PERFORMS THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 2C
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01170500
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01170500
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0610339
IRS990/TotalAssetsEOYAmt0680963
IRS990/TotalAssetsGrp/BOYAmt0610339
IRS990/TotalAssetsGrp/EOYAmt0680963
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt096111
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016069
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120911
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028638
IRS990/TotalLiabilitiesEOYAmt074796
IRS990/TotalLiabilitiesGrp/BOYAmt028638
IRS990/TotalLiabilitiesGrp/EOYAmt074796
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0581701
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0606167
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0120911
IRS990/TotalProgramServiceRevenueAmt063286
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0350
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064985
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0161446
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0610339
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0680963
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0940
IRS990/TravelGrp/TotalAmt0940
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-588799
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-564333
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 RIVERSIDE DRIVE
IRS990/USAddress/CityNm0SISTERSVILLE
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd026175
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY SUMMERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06144512151
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERVIEW APARTMENTS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O NATIONAL CHURCH RESIDENCES
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0550681150
ReturnHeader/Filer/PhoneNum06144512151
ReturnHeader/Filer/USAddress/AddressLine1Txt02335 NORTH BANK DRIVE
ReturnHeader/Filer/USAddress/CityNm0COLUMBUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043220
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId063A2112FDD3B9F7D8A3E4E6258CE34EBD7127A08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.0.87.214
ReturnHeader/FilingSecurityInformation/IPDt02018-10-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm007:27:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271490692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIDWELL GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04249 EASTON WAY STE 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043219
ReturnHeader/PreparerPersonGrp/PhoneNum06145281465
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHADD WEISERT JD
ReturnHeader/ReturnTs02018-10-16T13:50:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.83$0.35$8.48$3.14$2.58$0.56
2024Detailed filing. Detailed filing data is available for this year.$8.20$0.28$7.91$2.99$2.19$0.81
2023Detailed filing. Detailed filing data is available for this year.$7.39$0.28$7.11$2.71$1.83$0.88
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.32$6.23$2.03$1.92$0.11
2021Detailed filing. Detailed filing data is available for this year.$6.48$0.35$6.12$2.09$1.76$0.33
2020Detailed filing. Detailed filing data is available for this year.$6.02$0.23$5.79$1.55$1.75$0.20
2019Detailed filing. Detailed filing data is available for this year.$6.18$0.19$5.99$1.66$1.73$0.07
2018Detailed filing. Detailed filing data is available for this year.$6.81$0.75$6.06$1.61$1.37$0.24
2017Detailed filing. Detailed filing data is available for this year.$6.10$0.29$5.82$1.51$1.62$0.11
2016Detailed filing. Detailed filing data is available for this year.$6.17$0.24$5.93$1.63$1.71$0.08
2015Detailed filing. Detailed filing data is available for this year.$6.41$0.40$6.02$1.53$1.62$0.08
2014Detailed filing. Detailed filing data is available for this year.$6.57$0.47$6.10$1.54$1.55$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$0.43$6.11$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$0.65$6.24$1.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.21$0.61$6.60$1.29
2010Summary only. Only limited summary data is available for this year.$7.67$0.53$7.14$0.60$1.22$0.63