Civic Intelligence

Walnut Village Inc.

990 • Fiscal year 2017 • EIN 58-1356349

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 20, 2018

Organization ProfileWWW.HIGHLANDSRS.COM
PO Box 400Cookeville, TN 38503-0400

(931) 526-9793

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

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

Liabilities / Revenue

41st percentile

0.06x

Higher debt load relative to revenue than 41% of similar nonprofits.

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

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

74th percentile

$113,209

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

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

Asset Growth

57th percentile

5.5%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

40th percentile

0.8%

Faster revenue growth than 40% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$2,493,688

Up $129,912 (+5.5%) from 2016

Net Assets

Up

$2,467,411

Up $128,760 (+5.5%) from 2016

Liabilities

Up

$26,277

Up $1,152 (+4.6%) from 2016

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin84th percentile

Revenue

Up

$425,369

Up $3,290 (+0.8%) from 2016

Expenses

Up

$296,609

Up $75,424 (+34%) from 2016

Net Income

Down

$128,760

Down $72,134 (-36%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,503,259Liabilities 2010: $35,405Net Assets 2010: $1,467,8542010Assets 2011: $1,640,921Liabilities 2011: $41,313Net Assets 2011: $1,599,6082011Assets 2012: $1,793,545Liabilities 2012: $40,742Net Assets 2012: $1,752,8032012Assets 2013: $1,956,424Liabilities 2013: $40,696Net Assets 2013: $1,915,7282013Assets 2014: $1,990,015Liabilities 2014: $24,460Net Assets 2014: $1,965,5552014Assets 2015: $2,161,131Liabilities 2015: $23,374Net Assets 2015: $2,137,7572015Assets 2016: $2,363,776Liabilities 2016: $25,125Net Assets 2016: $2,338,6512016Assets 2017: $2,493,688Liabilities 2017: $26,277Net Assets 2017: $2,467,4112017Assets 2018: $2,678,694Liabilities 2018: $26,212Net Assets 2018: $2,652,4822018Assets 2019: $4,462,500Liabilities 2019: $0Net Assets 2019: $4,462,5002019Assets 2020: $4,461,538Liabilities 2020: $0Net Assets 2020: $4,461,5382020Assets 2021: $4,459,922Liabilities 2021: $0Net Assets 2021: $4,459,9222021Assets 2022: $2,582,334Liabilities 2022: $0Net Assets 2022: $2,582,3342022Assets 2023: $3,051,040Liabilities 2023: $143,991Net Assets 2023: $2,907,0492023Assets 2024: $2,783,914Liabilities 2024: $0Net Assets 2024: $2,783,9142024Assets 2025: $2,816,086Liabilities 2025: $14,983Net Assets 2025: $2,801,1032025

Highlighted filing

2017

Assets$2,493,688
Liabilities$26,277
Net Assets$2,467,411
Open 2017 Filing

Operations Trend

Revenue Growth40th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $341,3382010Expenses 2011: $268,5532011Expenses 2012: $249,9092012Revenue 2013: $393,752Expenses 2013: $230,827Net Income 2013: $162,9252013Revenue 2014: $407,023Expenses 2014: $357,196Net Income 2014: $49,8272014Revenue 2015: $412,526Expenses 2015: $240,324Net Income 2015: $172,2022015Revenue 2016: $422,079Expenses 2016: $221,185Net Income 2016: $200,8942016Revenue 2017: $425,369Expenses 2017: $296,609Net Income 2017: $128,7602017Revenue 2018: $426,923Expenses 2018: $241,852Net Income 2018: $185,0712018Revenue 2019: $1,868,447Expenses 2019: $58,429Net Income 2019: $1,810,0182019Revenue 2020: $4,238Expenses 2020: $5,200Net Income 2020: -$9622020Revenue 2021: $1,555Expenses 2021: $3,171Net Income 2021: -$1,6162021Revenue 2022: $8,520Expenses 2022: $1,886,108Net Income 2022: -$1,877,5882022Revenue 2023: $325,405Expenses 2023: $690Net Income 2023: $324,7152023Revenue 2024: $404,959Expenses 2024: $528,094Net Income 2024: -$123,1352024Revenue 2025: $192,167Expenses 2025: $174,978Net Income 2025: $17,1892025

Highlighted filing

2017

Revenue$425,369
Expenses$296,609
Net Income$128,760
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 20, 2018
Return Version
2017v2.2
Gross Receipts
$425,369
Mission and Program Overview

Mission

Walnut village operates a section 8 housing development for low to moderate income, elderly and handicapped persons in putnam county, tennessee.

Walnut village operates a section 8 housing development for low to moderate income, elderly, and handicapped persons in putnam county, tennessee

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,669,056$1,860,792▲ $191,736
Land, Buildings, and Equipment, Net$405,774$392,938▼ $12,836
Cash and Non-Interest-Bearing Accounts$265,391$231,319▼ $34,072
Inventories for Sale or Use$5,686$8,477▲ $2,791
Accounts Receivable$17,869$162▼ $17,707
Total Assets$2,363,776$2,493,688▲ $129,912
Liabilities
Other Liabilities$18,170$18,776▲ $606
Accounts Payable and Accrued Expenses$6,149$6,657▲ $508
Deferred Revenue$806$844▲ $38
Total Liabilities$25,125$26,277▲ $1,152
Net Assets / Fund Balance
Unrestricted Net Assets$2,338,651$2,467,411▲ $128,760
Total Net Assets Fund Balance$2,338,651$2,467,411▲ $128,760
Total Liabilities and Net Assets / Fund Balance$2,363,776$2,493,688▲ $129,912

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$282,559$2,356,584$2,639,143
Leasehold Improvements$5,940$104,841$110,781
Land$104,000-$104,000
Equipment$439$8,450$8,889
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Dow HarrisExecutive DirectorFT$113,209$113,209

Board Members and Trustees

NameTitle
Jim MartinChairman
Robert OwensVice Chairman
Dan HuffinesDirector
David HillDirector
Luke EldridgeDirector
Marjorie JonesDirector
Natalie StoutDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$209,313
Program Service Revenue
$199,129
Investment Income
$16,927
Other Revenue
$0
Change in Net Assets
$128,760

Audited Revenue Reconciliation

Revenue per Audited Statements
$425,369
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$425,369
Total Revenue per Form 990
$425,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,338
Salaries, Compensation, and Employee Benefits$99,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,996$38,451-$85,447
Fees for Services Management$27,315--$27,315
Depreciation Depletion$15,987$7,874-$23,861
Insurance$9,272$4,567-$13,839
Other Employee Benefits-$13,824-$13,824
Office Expenses-$6,910-$6,910
Fees for Services Accounting-$5,750-$5,750
Other Expenses$22,699$4,506-$4,506
Total Functional Expenses$191,613$104,996$0$296,609

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,609
Total Expenses per Audited Statements$296,609
Total Expenses per Form 990$296,609
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Seurity Deposits$18,776
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegates control to highland residential services.”

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

“The return is reviewd by the accounting manager, director of operations, and the executive director of the management company before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Annual memos are distributed and employees disclose interest that could potentially give rise to conflict.”

Form 990, Part VI, Section B, Line 15

“Statistical data for the surrounding area is gathered and reviewed to determine average salary for specific job requirements & responsibilities.”

Form 990, Part VI, Section C, Line 19

“Upon written request the organization will make available the governing documents, policies and/or financial statements.”

Filing and Contact Details

Filer

Filer Name
Walnut Village Inc
EIN
58-1356349
Phone
9315269793
Address
PO BOX 400, COOKEVILLE, TN 38503-0400

Signing Officer

Name
Robert Owens
Title
President
Phone
9315269793
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Owens
Formed
1979
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Smith Marion & Co Llp
Address
1940 ORANGE TREE LANE SUITE 100, REDLANDS, CA 92374
Preparer
Chad Porter
Phone
9093072323
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“In accordance with accounting standards, which provide accounting and disclosure guidance about uncertain tax positions taken by an organization, management believes that all of the positions taken by the organization in its federal income tax return are more likely than not to be sustained upon examination. The organization files returns in the u.s. Federal jurisdiction.”

Raw XML AppendixShowing 400 of 404 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06149
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06657
IRS990/AccountsReceivableGrp/BOYAmt017869
IRS990/AccountsReceivableGrp/EOYAmt0162
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WALNUT VILLAGE OPERATES A SECTION 8 HOUSING DEVELOPMENT FOR LOW TO MODERATE INCOME, ELDERLY, AND HANDICAPPED PERSONS IN PUTNAM COUNTY, TENNESSEE
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0C DOW HARRIS
IRS990/BooksInCareOfDetail/PhoneNum09315269793
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0235 WEST JACKSON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0COOKEVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038503
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0265391
IRS990/CashNonInterestBearingGrp/EOYAmt0231319
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0209313
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt016927
IRS990/CYOtherExpensesAmt0197338
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0199129
IRS990/CYRevenuesLessExpensesAmt0128760
IRS990/CYSalariesCompEmpBnftPaidAmt099271
IRS990/CYTotalExpensesAmt0296609
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0425369
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0806
IRS990/DeferredRevenueGrp/EOYAmt0844
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07874
IRS990/DepreciationDepletionGrp/ProgramServicesAmt015987
IRS990/DepreciationDepletionGrp/TotalAmt023861
IRS990/Desc0WALNUT VILLAGE, INC PROVIDED SUBSIDISED (SECTION 8) HOUSING TO LOW TO MODERATE INCOME, ELDERLY AND HANDICAPPED PERSONS IN PUTNAM COUNTY, TENNESSEE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0191613
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05750
IRS990/FeesForServicesAccountingGrp/TotalAmt05750
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt027315
IRS990/FeesForServicesManagementGrp/TotalAmt027315
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID HILL
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm3LUKE ELDRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAN HUFFINES
IRS990/Form990PartVIISectionAGrp/PersonNm5NATALIE STOUT
IRS990/Form990PartVIISectionAGrp/PersonNm6MARJORIE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm7DOW HARRIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7113209
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0209313
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0425369
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04567
IRS990/InsuranceGrp/ProgramServicesAmt09272
IRS990/InsuranceGrp/TotalAmt013839
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05686
IRS990/InventoriesForSaleOrUseGrp/EOYAmt08477
IRS990/InvestmentIncomeGrp/ExclusionAmt016927
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016927
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02469875
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0405774
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0392938
IRS990/LandBldgEquipCostOrOtherBssAmt02862813
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WALNUT VILLAGE OPERATES A SECTION 8 HOUSING DEVELOPMENT FOR LOW TO MODERATE INCOME, ELDERLY AND HANDICAPPED PERSONS IN PUTNAM COUNTY, TENNESSEE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02338651
IRS990/NetAssetsOrFundBalancesEOYAmt02467411
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06910
IRS990/OfficeExpensesGrp/TotalAmt06910
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013824
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013824
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023114
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14506
IRS990/OtherExpensesGrp/ProgramServicesAmt069344
IRS990/OtherExpensesGrp/ProgramServicesAmt122699
IRS990/OtherExpensesGrp/TotalAmt092458
IRS990/OtherExpensesGrp/TotalAmt122699
IRS990/OtherExpensesGrp/TotalAmt24506
IRS990/OtherLiabilitiesGrp/BOYAmt018170
IRS990/OtherLiabilitiesGrp/EOYAmt018776
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038451
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046996
IRS990/OtherSalariesAndWagesGrp/TotalAmt085447
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT OWENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0DWELLING RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0199129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0199129
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0220437
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06934
IRS990/PYOtherExpensesAmt0125237
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0194708
IRS990/PYRevenuesLessExpensesAmt0200894
IRS990/PYSalariesCompEmpBnftPaidAmt095948
IRS990/PYTotalExpensesAmt0221185
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0422079
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0128760
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0199129
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01669056
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01860792
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0282559
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02356584
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02639143
IRS990ScheduleD/EquipmentGrp/BookValueAmt0439
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08889
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0296609
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0104000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0104000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05940
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0104841
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018776
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SEURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0425369
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH ACCOUNTING STANDARDS, WHICH PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT UNCERTAIN TAX POSITIONS TAKEN BY AN ORGANIZATION, MANAGEMENT BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL INCOME TAX RETURN ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES RETURNS IN THE U.S. FEDERAL JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0392938
IRS990ScheduleD/TotalExpensesPerForm990Amt0296609
IRS990ScheduleD/TotalLiabilityAmt018776
IRS990ScheduleD/TotalRevenuePerForm990Amt0425369
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0425369
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0296609
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES CONTROL TO HIGHLAND RESIDENTIAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWD BY THE ACCOUNTING MANAGER, DIRECTOR OF OPERATIONS, AND THE EXECUTIVE DIRECTOR OF THE MANAGEMENT COMPANY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL MEMOS ARE DISTRIBUTED AND EMPLOYEES DISCLOSE INTEREST THAT COULD POTENTIALLY GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STATISTICAL DATA FOR THE SURROUNDING AREA IS GATHERED AND REVIEWED TO DETERMINE AVERAGE SALARY FOR SPECIFIC JOB REQUIREMENTS & RESPONSIBILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON WRITTEN REQUEST THE ORGANIZATION WILL MAKE AVAILABLE THE GOVERNING DOCUMENTS, POLICIES AND/OR FINANCIAL STATEMENTS.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HIGHLANDS RESIDENTIAL SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0235 W JACKSON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COOKEVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd038501
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt085447
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1127329
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HIGHLANDS RESIDENTIAL SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HIGHLANDS RESIDENTIAL SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02363776
IRS990/TotalAssetsEOYAmt02493688
IRS990/TotalAssetsGrp/BOYAmt02363776
IRS990/TotalAssetsGrp/EOYAmt02493688
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0209313
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104996
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0191613
IRS990/TotalFunctionalExpensesGrp/TotalAmt0296609
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025125
IRS990/TotalLiabilitiesEOYAmt026277
IRS990/TotalLiabilitiesGrp/BOYAmt025125
IRS990/TotalLiabilitiesGrp/EOYAmt026277
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02338651
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02467411
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0191613
IRS990/TotalProgramServiceRevenueAmt0199129
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt016927
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0199129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0425369
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02363776
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02493688
IRS990/TotReportableCompRltdOrgAmt0113209
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02338651
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02467411
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 400
IRS990/USAddress/CityNm0COOKEVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd0385030400
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.HIGHLANDSRS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT OWENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09315269793
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALNUT VILLAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0WALN
ReturnHeader/Filer/EIN0581356349
ReturnHeader/Filer/PhoneNum09315269793
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 400
ReturnHeader/Filer/USAddress/CityNm0COOKEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0385030400
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00C8836EE60B64A66B5585B44BF09417101A99126
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.65.192.2
ReturnHeader/FilingSecurityInformation/IPDt02018-03-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm016:33:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273337428
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH MARION & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01940 ORANGE TREE LANE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REDLANDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092374
ReturnHeader/PreparerPersonGrp/PhoneNum09093072323
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHAD PORTER
ReturnHeader/ReturnTs02018-04-03T15:35:44-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,493,688
Liabilities
$26,277
Net assets
$2,467,411
Revenue
$425,369
Expenses
$296,609
Net income
$128,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.82$0.01$2.80$0.19$0.17$0.02
2024Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.40$0.53$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.14$2.91$0.33$0.00$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.01$1.89$1.88
2021Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$0.00$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$1.87$0.06$1.81
2018Detailed filing. Detailed filing data is available for this year.$2.68$0.03$2.65$0.43$0.24$0.19
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.03$2.47$0.43$0.30$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.36$0.03$2.34$0.42$0.22$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.02$2.14$0.41$0.24$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.02$1.97$0.41$0.36$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.96$0.04$1.92$0.39$0.23$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.04$1.75$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.04$1.60$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.04$1.47$0.34