Civic Intelligence

Pine Woods Inc.

990 • Fiscal year 2023 • EIN 59-1428802

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 15, 2024

Organization ProfileN/A

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8420 SW 188th TerraceCutler Bay, FL 33157

(305) 235-8269

Siviq Scores

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

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.15x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

57th percentile

6.8%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

40th percentile

2.9%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

5.1%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets29th percentile

Assets

Flat

$11,919,001

Flat from 2023

Net Assets

Flat

$11,330,851

Flat from 2023

Liabilities

Flat

$588,150

Flat from 2023

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin57th percentile

Revenue

Flat

$3,794,625

Flat from 2023

Expenses

Flat

$3,536,878

Flat from 2023

Net Income

Flat

$257,747

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$15M$10M$5.0M$0Assets 2010: $3,548,394Liabilities 2010: $1,576,352Net Assets 2010: $1,972,0422010Assets 2011: $3,662,011Liabilities 2011: $1,205,427Net Assets 2011: $2,456,5842011Assets 2012: $3,882,344Liabilities 2012: $947,204Net Assets 2012: $2,935,1402012Assets 2013: $4,017,550Liabilities 2013: $611,419Net Assets 2013: $3,406,1312013Assets 2014: $4,539,570Liabilities 2014: $537,621Net Assets 2014: $4,001,9492014Assets 2015: $5,378,043Liabilities 2015: $494,217Net Assets 2015: $4,883,8262015Assets 2016: $6,348,646Liabilities 2016: $489,942Net Assets 2016: $5,858,7042016Assets 2017: $7,341,057Liabilities 2017: $493,654Net Assets 2017: $6,847,4032017Assets 2018: $8,278,430Liabilities 2018: $502,547Net Assets 2018: $7,775,8832018Assets 2019: $8,995,832Liabilities 2019: $495,090Net Assets 2019: $8,500,7422019Assets 2020: $9,945,305Liabilities 2020: $509,174Net Assets 2020: $9,436,1312020Assets 2021: $10,842,761Liabilities 2021: $509,239Net Assets 2021: $10,333,5222021Assets 2022: $11,584,651Liabilities 2022: $511,547Net Assets 2022: $11,073,1042022Assets 2023: $11,919,001Liabilities 2023: $588,150Net Assets 2023: $11,330,8512023Assets 2023: $11,919,001Liabilities 2023: $588,150Net Assets 2023: $11,330,8512023Assets 2024: $12,606,814Liabilities 2024: $506,752Net Assets 2024: $12,100,0622024

Highlighted filing

2023

Assets$11,919,001
Liabilities$588,150
Net Assets$11,330,851
Open 2023 Filing

Operations Trend

Revenue Growth49th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,468,1792010Expenses 2011: $1,517,3502011Revenue 2012: $1,997,134Expenses 2012: $1,536,942Net Income 2012: $460,1922012Revenue 2013: $2,074,695Expenses 2013: $1,758,666Net Income 2013: $316,0292013Revenue 2014: $2,369,419Expenses 2014: $1,705,736Net Income 2014: $663,6832014Revenue 2015: $2,650,622Expenses 2015: $1,768,746Net Income 2015: $881,8762015Revenue 2016: $2,803,769Expenses 2016: $1,828,891Net Income 2016: $974,8782016Revenue 2017: $2,832,625Expenses 2017: $1,843,926Net Income 2017: $988,6992017Revenue 2018: $2,891,682Expenses 2018: $1,963,202Net Income 2018: $928,4802018Revenue 2019: $3,196,436Expenses 2019: $2,471,577Net Income 2019: $724,8592019Revenue 2020: $3,424,615Expenses 2020: $2,489,226Net Income 2020: $935,3892020Revenue 2021: $3,520,078Expenses 2021: $2,622,687Net Income 2021: $897,3912021Revenue 2022: $3,610,540Expenses 2022: $2,870,958Net Income 2022: $739,5822022Revenue 2023: $3,794,625Expenses 2023: $3,536,878Net Income 2023: $257,7472023Revenue 2023: $3,794,625Expenses 2023: $3,536,878Net Income 2023: $257,7472023Revenue 2024: $4,207,106Expenses 2024: $3,437,895Net Income 2024: $769,2112024

Highlighted filing

2023

Revenue$3,794,625
Expenses$3,536,878
Net Income$257,747
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 15, 2024
Return Version
2023v5.1
Gross Receipts
$3,794,625
Mission and Program Overview

Mission

To provide low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,094,746$6,306,767▲ $212,021
Land, Buildings, and Equipment, Net$1,594,173$1,414,106▼ $180,067
Prepaid Expenses and Deferred Charges$232,098$423,018▲ $190,920
Accounts Receivable$2,484$1,820▼ $664
Total Assets$11,584,651$11,919,001▲ $334,350
Other Assets Total$3,661,150$3,773,290▲ $112,140
Liabilities
Accounts Payable and Accrued Expenses$447,597$523,716▲ $76,119
Other Liabilities$63,950$64,434▲ $484
Total Liabilities$511,547$588,150▲ $76,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,073,104$11,330,851▲ $257,747
Total Net Assets Fund Balance$11,073,104$11,330,851▲ $257,747
Total Liabilities and Net Assets / Fund Balance$11,584,651$11,919,001▲ $334,350

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$541,035$5,292,170$5,833,205
Land$768,744-$768,744
Other Land Buildings$0$671,765$671,765
Leasehold Improvements$104,327$132,594$236,921
Equipment$0$196,284$196,284
Other Assets Org$212,088--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Karl BartelsPresident
Perry LeeVice President
Andre KirbyDirector
David RoseDirector
Joe KocuibaDirector
Robert BuhlDirector
Sandra JonesDirector
Troy GildeDirector
William SielkDirector
James LeggettSecretary
Luis M SantanaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,840,384
Program Service Revenue
$953,887
Investment Income
$354
Other Revenue
$0
Change in Net Assets
$257,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,794,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,794,625
Total Revenue per Form 990
$3,794,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,445,588
Grants and Similar Amounts Paid$91,290
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$907,674--$907,674
Depreciation Depletion$276,596--$276,596
Fees for Services Management-$180,190-$180,190
Grants to Domestic Orgs$91,290--$91,290
Office Expenses$72,831--$72,831
All Other Expenses$51,301--$51,301
Fees for Services Accounting$20,692--$20,692
Other Expenses$15,848--$15,848
Fees for Services Legal$4,378--$4,378
Advertising$325--$325
Total Functional Expenses$3,356,688$180,190$0$3,536,878

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,536,878
Total Expenses per Audited Statements$3,536,878
Total Expenses per Form 990$3,536,878
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Holy Cross Lutheran Church of NmiamiNorth Miami, FL-To Provide Low Income Housing$18,258
St Paul Lutheran Church IncMiami, FL-To Provide Low Income Housing$18,258
Faith Evangelical Lutheran ChurchHialeah, FL-To Provide Low Income Housing$12,172
Bayshore Evangelical Lutheran ChurchMiami, FL-To Provide Low Income Housing$6,086
Concordia Lutheran ChurchMiami, FL-To Provide Low Income Housing$6,086
Grace Lutheran ChurchKey West, FL-To Provide Low Income Housing$6,086
Immanuel Evangelical Lutheran ChurchMiami, FL-To Provide Low Income Housing$6,086
Martin Luther Chapel IncPennsauken, NJ-To Provide Low Income Housing$6,086
St Andrews Lutheran ChurchHialeah, FL-To Provide Low Income Housing$6,086
St Matthews Lutheran Church of Miami FlMiami, FL-To Provide Low Income Housing$6,086
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 Deposits Held in Transit$62,967
Prepaid Revenue$1,467
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 organization has delegated management duties to spm property management, llc.”

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

“Form 990 is provided to the president of the organization for review and signature.”

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

“Required to disclose any conflicts before board meetings.”

Form 990, Part VI, Section C, Line 19

“Information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Pine Woods Inc
EIN
59-1428802
Phone
3052358269
Address
8420 SW 188TH TERRACE, CUTLER BAY, FL 33157

Signing Officer

Name
Karl Bartels
Title
President
Phone
3052358269
Signed
2024-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Bartels
Formed
1972
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
3560 LENOX ROAD NE SUITE 2900, ATLANTA, GA 30326
Preparer
Andrew P Smith CPA
Phone
4048479447
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The organization has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2023. Due to its tax-exempt status, the organization is not subject to income taxes. The organization is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the organization are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2019 remain open.”

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IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OTHER TAXES LICENSES AN
IRS990/OtherExpensesGrp/ProgramServicesAmt0847123
IRS990/OtherExpensesGrp/ProgramServicesAmt1702331
IRS990/OtherExpensesGrp/ProgramServicesAmt2366299
IRS990/OtherExpensesGrp/ProgramServicesAmt315848
IRS990/OtherExpensesGrp/TotalAmt0847123
IRS990/OtherExpensesGrp/TotalAmt1702331
IRS990/OtherExpensesGrp/TotalAmt2366299
IRS990/OtherExpensesGrp/TotalAmt315848
IRS990/OtherLiabilitiesGrp/BOYAmt063950
IRS990/OtherLiabilitiesGrp/EOYAmt064434
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0232098
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0423018
IRS990/PrincipalOfficerNm0KARL BARTELS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0GROSS RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2DAMAGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3SECURITY DEPOSIT FORFE
IRS990/ProgramServiceRevenueGrp/Desc4LAUNDRY AND VENDING RE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0944529
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22960
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32283
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0944529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4560
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02724505
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt095820
IRS990/PYInvestmentIncomeAmt0217
IRS990/PYOtherExpensesAmt02775138
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0885818
IRS990/PYRevenuesLessExpensesAmt0739582
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02870958
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03610540
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0257747
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0953887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02840384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02724505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02665002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02590537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02358424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013178852
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0217
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02078
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01839705
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt013178852
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02840384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02724505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02665002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02590537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02358424
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013178852
IRS990ScheduleA/TotalSupportAmt013180930
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0541035
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05292170
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05833205
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196284
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0196284
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03536878
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0768744
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0768744
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0104327
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0132594
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0236921
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03082328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1410289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt264887
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt33698
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4212088
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSITS HELD IN TRUSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3UTILITIES DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OPERATING DEFICIT RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0671765
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0671765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062967
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRANSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03794625
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2019 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01414106
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03773290
IRS990ScheduleD/TotalExpensesPerForm990Amt03536878
IRS990ScheduleD/TotalLiabilityAmt064434
IRS990ScheduleD/TotalRevenuePerForm990Amt03794625
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03794625
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03536878
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06086
IRS990ScheduleI/RecipientTable/CashGrantAmt16086
IRS990ScheduleI/RecipientTable/CashGrantAmt212172
IRS990ScheduleI/RecipientTable/CashGrantAmt36086
IRS990ScheduleI/RecipientTable/CashGrantAmt418258
IRS990ScheduleI/RecipientTable/CashGrantAmt56086
IRS990ScheduleI/RecipientTable/CashGrantAmt66086
IRS990ScheduleI/RecipientTable/CashGrantAmt76086
IRS990ScheduleI/RecipientTable/CashGrantAmt818258
IRS990ScheduleI/RecipientTable/CashGrantAmt96086
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO PROVIDE LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BAYSHORE EVANGELICAL LUTHERAN CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CONCORDIA LUTHERAN CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2FAITH EVANGELICAL LUTHERAN CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GRACE LUTHERAN CHURCH

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,919,001
Liabilities
$588,150
Net assets
$11,330,851
Revenue
$3,794,625
Expenses
$3,536,878
Net income
$257,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.51$12.1$4.21$3.44$0.77
2023Detailed filing. Detailed filing data is available for this year.$11.9$0.59$11.3$3.79$3.54$0.26
2023Summary only. Only limited summary data is available for this year.$11.9$0.59$11.3$3.79$3.54$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.51$11.1$3.61$2.87$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.51$10.3$3.52$2.62$0.90
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.95$0.51$9.44$3.42$2.49$0.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.00$0.50$8.50$3.20$2.47$0.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.28$0.50$7.78$2.89$1.96$0.93
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$0.49$6.85$2.83$1.84$0.99
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$0.49$5.86$2.80$1.83$0.97
2015Detailed filing. Detailed filing data is available for this year.$5.38$0.49$4.88$2.65$1.77$0.88
2014Detailed filing. Detailed filing data is available for this year.$4.54$0.54$4.00$2.37$1.71$0.66
2013Detailed filing. Detailed filing data is available for this year.$4.02$0.61$3.41$2.07$1.76$0.32
2012Summary only. Only limited summary data is available for this year.$3.88$0.95$2.94$2.00$1.54$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$1.21$2.46$1.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$1.58$1.97$1.47