Independence Village Inc.

990EZ • Fiscal year 2013 • EIN 58-1878206

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 30, 2013

Organization Profile N/A

351 East 4th StreetRoom/Suite 172653

Siviq Scores

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

1.65x

Higher debt load relative to assets than 96% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

11.63x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-86%

Higher net margin than 5% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

28%

Faster asset growth than 77% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

-12%

Faster revenue growth than 30% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets96th percentile

Assets

$443,863

Up $96,622 (+28%) from 2012

Net Assets

Down

-$289,815

Down $54,269 (-23%) from 2012

Liabilities

$733,678

Up $150,891 (+26%) from 2012

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin5th percentile

Revenue

Down

$63,079

Down $8,766 (-12%) from 2012

Expenses

$117,348

Up $13,213 (+13%) from 2012

Net Income

Down

-$54,269

Down $21,979 (-68%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

Highlighted filing

2013

Assets$443,863

Liabilities$733,678

Net Assets-$289,815

Open 2013 Filing

Operations Trend

Revenue Growth30th percentile

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

Highlighted filing

2013

Revenue$63,079

Expenses$117,348

Net Income-$54,269

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Oct 30, 2013
Return Version: 2012v2.3

Mission and Program Overview

Mission

HUD HOUSING COMPLEX

Filing and Contact Details

Filer

EIN: 58-1878206

Raw XML Appendix166 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
CompensationExplanation/Compensation/PersonName	0	BRAD CUMMINGS
CompensationExplanation/Compensation/PersonName	1	ROBERT HULEN
CompensationExplanation/Compensation/PersonName	2	KEN COTTER
CompensationExplanation/Compensation/PersonName	3	DICKIE WATERS
CompensationExplanation/Compensation/PersonName	4	SUE TODD
CompensationExplanation/Compensation/PersonName	5	MIKE HIGGINBOTHAM
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	55332
IRS990EZ/CashSavingsAndInvestments/EOY	0	66850
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-54269
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GrossReceipts	0	63079
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InvestmentIncome	0	233
IRS990EZ/LandAndBuildings/BOY	0	281364
IRS990EZ/LandAndBuildings/EOY	0	266701
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	-235546
IRS990EZ/NetAssetsOrFundBalancesBOY	0	-235546
IRS990EZ/NetAssetsOrFundBalances/EOY	0	-289815
IRS990EZ/NetAssetsOrFundBalancesEOY	0	-289815
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	72199
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	4	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	5	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	5	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	BRAD CUMMINGS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	ROBERT HULEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	KEN COTTER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	DICKIE WATERS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	SUE TODD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	MIKE HIGGINBOTHAM
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	5	BOARD MEMBER
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	10545
IRS990EZ/OtherAssetsTotal/EOY	0	110312
IRS990EZ/OtherExpensesTotal	0	45149
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	HUD HOUSING COMPLEX
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	HUD HOUSING COMPLEX WITH 20 UNITS FOR ELDERLY THAT MEET INCOME GUIDELINES
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	117348
IRS990EZ/ProgramServiceRevenue	0	62846
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	582787
IRS990EZ/SumOfTotalLiabilities/EOY	0	733678
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	351 EAST 4TH STREET SUITE 1
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	MOUNTAIN HOME
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	AR
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	72653
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	PROFESSIONAL PROPERTY MANAGEMENT I
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8704256076
IRS990EZ/TotalAssets/BOY	0	347241
IRS990EZ/TotalAssets/EOY	0	443863
IRS990EZ/TotalExpenses	0	117348
IRS990EZ/TotalProgramServiceExpenses	0	117348
IRS990EZ/TotalRevenue	0	63079
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	7500
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	7500
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear	0	233
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year	0	121
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years	0	216
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years	0	206
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years	0	264
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	1040
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	62846
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	64224
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	60894
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	70174
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	74894
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	333032
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear	0	233
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year	0	121
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	216
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	206
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	264
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	1040
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/PriorYearSupportPercentage	0	0.99700
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.99700
IRS990ScheduleA/PublicSupportTotal509	0	340532
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	62846
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	71724
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	60894
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	70174
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	74894
IRS990ScheduleA/Total509/Total	0	340532
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	63079
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	71845
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	61110
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	70380
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	75158
IRS990ScheduleA/TotalSupportTotal/Total	0	341572
IRS990ScheduleO/GeneralExplanation/Explanation	0	EXPENSES 2,932 INTEREST EXPENSE 34,068 ADMINISTRATIVE EXPENSE 8,149 TOTAL 45,149
IRS990ScheduleO/GeneralExplanation/Explanation	1	ACCOUNTS RECEIVABLE 8,229 1,157 PREPAID EXPENSES AND DEFERRED CHARGES 2,316 2,288 WIP FHLB REHAB 0 106,867 TOTAL 10,545 110,312
IRS990ScheduleO/GeneralExplanation/Explanation	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 46,446 47,789 MORTGAGE PAYABLE 534,390 683,620 SECURITY DEPOSIT LIABILITY 1,951 2,269
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	581878206
ReturnHeader/Filer/Name/BusinessNameLine1	0	INDEPENDENCE VILLAGE INC
ReturnHeader/Filer/NameControl	0	INDE
ReturnHeader/Filer/Phone	0	8704256076
ReturnHeader/Filer/USAddress/AddressLine1	0	351 EAST 4TH STREET
ReturnHeader/Filer/USAddress/AddressLine2	0	ROOM/SUITE 1
ReturnHeader/Filer/USAddress/City	0	MOUNTAIN HOME
ReturnHeader/Filer/USAddress/State	0	AR
ReturnHeader/Filer/USAddress/ZIPCode	0	72653
ReturnHeader/Officer/AuthorizeThirdParty	0	false
ReturnHeader/Officer/DateSigned	0	2013-10-30
ReturnHeader/Officer/Name	0	BRAD CUMMINGS
ReturnHeader/Officer/Phone	0	8704256076
ReturnHeader/Officer/Title	0	PRESIDENT
ReturnHeader/Preparer/DatePrepared	0	2013-11-04
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	FLEET FIRM
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	759 TEALWOOD LN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	CORDOVA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	TN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	380186334
ReturnHeader/Preparer/Name	0	NELSON K FLEET CPA
ReturnHeader/Preparer/Phone	0	9013364602
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-04T09:29:20-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $443,863
Liabilities: $733,678
Net assets: -$289,815
Revenue: $63,079
Expenses: $117,348
Net income: -$54,269

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.62	$3.24	$1.38	$1.44	$1.10	$0.35
2023Summary only. Only limited summary data is available for this year.	$4.56	$3.53		$1.33	$1.00	$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.47	$3.77	$0.70	$1.25	$0.87	$0.38
2021Summary only. Only limited summary data is available for this year.	$4.39	$4.07		$1.03	$1.06	$0.03
2020Summary only. Only limited summary data is available for this year.	$4.70	$4.34		$1.21	$0.82	$0.39
2019Summary only. Only limited summary data is available for this year.	$4.57	$4.61		$1.24	$0.94	$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.52	$4.85	$0.34	$1.21	$0.93	$0.29
2017Summary only. Only limited summary data is available for this year.	$4.49	$5.11		$1.18	$0.89	$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.53	$5.44	$0.91	$1.11	$0.82	$0.28
2015Detailed filing. Detailed filing data is available for this year.	$4.51	$5.70	$1.20	$1.11	$0.96	$0.15
2014Summary only. Only limited summary data is available for this year.	$4.59	$5.94	$1.35	$2.57	$1.02	$1.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.44	$7.34	$2.90	$0.63	$1.17	$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.47	$5.83	$2.36	$0.72	$1.04	$0.32