Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Independence Village Inc
EIN 58-1878206 • 501(c)3 • Mountain Home, AR
Profile
HUD HOUSING COMPLEX
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.70x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Up$462,492
Up $6,098 (+1.3%) from 2023
Liabilities
Down$324,123
Down $28,597 (-8.1%) from 2023
Net Assets
$138,369
No earlier filing loaded for comparison.
Revenue
Up$144,336
Up $10,915 (+8.2%) from 2023
Expenses
Up$109,641
Up $9,848 (+9.9%) from 2023
Net Income
Up$34,695
Up $1,067 (+3.2%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $462,492
- Liabilities
- $324,123
- Net assets
- $138,369
- Revenue
- $144,336
- Expenses
- $109,641
- Net income
- $34,695
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 13, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $144,336
Mission and Program Overview
Mission
Operate an apartment complex for elderly tenants with hud assistance
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HUD HOUSING COMPLEX OF 20 UNITS FOR ELDERLY THAT MEET INCOME GUIDELINES | - | $109,641 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRAD CUMMINGS | President | - | $0 | - | - |
| KEN COTTER | Board Member | - | $0 | - | - |
| MIKE HIGGINBOTHAM | Board Member | - | $0 | - | - |
| THOMAS E EMBACH | Manager | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Independence Village Inc
- EIN
- 58-1878206
- Phone
- 8704256076
- Address
- 315 W 6TH STREET SUITE 1, MOUNTAIN HOME, AR 72653
Signing Officer
- Name
- Thomas E Embach
- Title
- Manager
- Phone
- 8704256076
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Miller & Rose Pa
- Address
- 1309 EAST RACE, SEARCY, AR 72143
- Preparer
- L Scott Rose CPA
- Phone
- 5012688692
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 65 office expense 8,115 manager salary reimbursement 7,539 interest expense 3,214 property and liability ins 7,326 workmens compensation 152 misc admin expense 121 maint payroll reimb 5,772 maint supplies 8,834 maint contracts 16,938 garbage and trash removal 2,583 hvac 498 reimburse payroll taxes 1,111 reimburse employee ben 1,152 utilities 13,637 non-investment depreciation 20,627 total 97,684”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 6,830 11,409 equipment 64,098 66,428 less accumulated depreciation 59,833 60,936 security dep cash 4,761 4,157 replacement reserve 85,393 88,184 residual receipts 36,495 78,671 total 137,744 187,913”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 13,695 13,694 tenant security deposits 4,773 4,169 mortgage and other notes payable 334,252 306,260”
Raw XML Appendix157 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | PROFESSIONAL PROPERTY MANAGEMENT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8704256076 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 315 W 6TH STREET SUITE 1 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MOUNTAIN HOME |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72653 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 58255 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 32424 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 93443 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 34695 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11957 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 456394 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 462492 |
| IRS990EZ/GrossReceiptsAmt | 0 | 144336 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2429 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 260395 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 242155 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 103674 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 138369 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 103674 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 138369 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BRAD CUMMINGS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KEN COTTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIKE HIGGINBOTHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | THOMAS E EMBACH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MANAGER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 137744 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 187913 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 97684 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OPERATE AN APARTMENT COMPLEX FOR ELDERLY TENANTS WITH HUD ASSISTANCE |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 48464 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HUD HOUSING COMPLEX OF 20 UNITS FOR ELDERLY THAT MEET INCOME GUIDELINES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 109641 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 352720 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 324123 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 109641 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 109641 |
| IRS990EZ/TotalRevenueAmt | 0 | 144336 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 93443 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 88857 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 85798 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 71064 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83867 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 423029 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 2429 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 661 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 131 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 221 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 282 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 3724 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 48464 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 43903 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 39281 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 32184 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 36993 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 200825 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 2429 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 661 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 131 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 221 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 282 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 3724 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99410 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99740 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 623854 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 141907 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 132760 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 125079 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 103248 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 120860 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 623854 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 144336 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 133421 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 125210 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 103469 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 121142 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 627578 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 65 OFFICE EXPENSE 8,115 MANAGER SALARY REIMBURSEMENT 7,539 INTEREST EXPENSE 3,214 PROPERTY AND LIABILITY INS 7,326 WORKMENS COMPENSATION 152 MISC ADMIN EXPENSE 121 MAINT PAYROLL REIMB 5,772 MAINT SUPPLIES 8,834 MAINT CONTRACTS 16,938 GARBAGE AND TRASH REMOVAL 2,583 HVAC 498 REIMBURSE PAYROLL TAXES 1,111 REIMBURSE EMPLOYEE BEN 1,152 UTILITIES 13,637 NON-INVESTMENT DEPRECIATION 20,627 TOTAL 97,684 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 6,830 11,409 EQUIPMENT 64,098 66,428 LESS ACCUMULATED DEPRECIATION 59,833 60,936 SECURITY DEP CASH 4,761 4,157 REPLACEMENT RESERVE 85,393 88,184 RESIDUAL RECEIPTS 36,495 78,671 TOTAL 137,744 187,913 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,695 13,694 TENANT SECURITY DEPOSITS 4,773 4,169 MORTGAGE AND OTHER NOTES PAYABLE 334,252 306,260 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS E EMBACH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8704256076 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INDEPENDENCE VILLAGE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INDE |
| ReturnHeader/Filer/EIN | 0 | 581878206 |
| ReturnHeader/Filer/PhoneNum | 0 | 8704256076 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 315 W 6TH STREET SUITE 1 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MOUNTAIN HOME |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72653 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 710652947 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MILLER & ROSE PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1309 EAST RACE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SEARCY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 72143 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5012688692 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | L SCOTT ROSE CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T09:19:05-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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