Civic Intelligence

Hubert Apartments Inc.

990 • Fiscal year 2012 • EIN 59-3417481

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 17, 2013

5707 North 22nd Street33610
Siviq Scores

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

Liabilities / Assets

96th percentile

1.46x

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

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

32nd percentile

-3.0%

Faster asset growth than 32% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$728,705

Down $22,252 (-3.0%) from 2011

Net Assets

Down

-$336,138

Down $21,509 (-6.8%) from 2011

Liabilities

Down

$1,064,843

Down $743 (-0.1%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$152,056

Down $13,774 (-8.3%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $801,207Liabilities 2010: $1,075,286Net Assets 2010: -$274,0792010Assets 2011: $750,957Liabilities 2011: $1,065,586Net Assets 2011: -$314,6292011Assets 2012: $728,705Liabilities 2012: $1,064,843Net Assets 2012: -$336,1382012Assets 2013: $716,474Liabilities 2013: $1,065,998Net Assets 2013: -$349,5242013Assets 2014: $688,807Liabilities 2014: $1,064,139Net Assets 2014: -$375,3322014Assets 2015: $661,556Liabilities 2015: $1,065,340Net Assets 2015: -$403,7842015Assets 2016: $585,704Liabilities 2016: $1,072,653Net Assets 2016: -$486,9492016Assets 2017: $555,906Liabilities 2017: $1,076,325Net Assets 2017: -$520,4192017Assets 2018: $522,643Liabilities 2018: $1,078,141Net Assets 2018: -$555,4982018Assets 2019: $511,676Liabilities 2019: $1,093,529Net Assets 2019: -$581,8532019Assets 2020: $464,597Liabilities 2020: $1,072,465Net Assets 2020: -$607,8682020Assets 2021: $473,209Liabilities 2021: $1,091,026Net Assets 2021: -$617,8172021Assets 2022: $448,311Liabilities 2022: $1,071,641Net Assets 2022: -$623,3302022Assets 2023: $458,456Liabilities 2023: $1,091,353Net Assets 2023: -$632,8972023Assets 2024: $420,439Liabilities 2024: $1,095,938Net Assets 2024: -$675,4992024

Highlighted filing

2012

Assets$728,705
Liabilities$1,064,843
Net Assets-$336,138

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $149,4832010Expenses 2011: $165,8302011Expenses 2012: $152,0562012Revenue 2013: $137,314Expenses 2013: $150,700Net Income 2013: -$13,3862013Revenue 2014: $133,198Expenses 2014: $159,006Net Income 2014: -$25,8082014Revenue 2015: $134,203Expenses 2015: $162,655Net Income 2015: -$28,4522015Revenue 2016: $132,642Expenses 2016: $215,807Net Income 2016: -$83,1652016Revenue 2017: $136,440Expenses 2017: $169,910Net Income 2017: -$33,4702017Revenue 2018: $138,173Expenses 2018: $173,252Net Income 2018: -$35,0792018Revenue 2019: $140,029Expenses 2019: $166,384Net Income 2019: -$26,3552019Revenue 2020: $141,010Expenses 2020: $167,025Net Income 2020: -$26,0152020Revenue 2021: $141,522Expenses 2021: $151,471Net Income 2021: -$9,9492021Revenue 2022: $141,480Expenses 2022: $146,993Net Income 2022: -$5,5132022Revenue 2023: $139,045Expenses 2023: $148,612Net Income 2023: -$9,5672023Revenue 2024: $140,921Expenses 2024: $183,523Net Income 2024: -$42,6022024

Highlighted filing

2012

Revenue-
Expenses$152,056
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 17, 2013
Return Version
2012v2.1
Gross Receipts
$130,547
Mission and Program Overview

Mission

The project provides housing to low-income individuals with disabilities. This qualifies the property to receive section 8 benefits in accordance with regulations of the united states department of housing and urban development (hud).

Major Activities

Activity 2
Supportive housing for persons with disabilities, section 811 direct loan. This program is funded by hud and financed the cost of the construction of the apartments at its inception.
Filing and Contact Details

Filer

EIN
59-3417481
Raw XML AppendixShowing 400 of 569 raw XML fields

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IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs11174
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0FOR THE PURPOSES OF DETERMINING COMPENSATION, THE FILING ORGANIZATION, HUBERT APARTMENTS, INC RELIED ON RELATED ORGANIZATIONS TO ESTABLISH COMPENSATION OF EXECUTIVES, OFFICERS AND KEY EMPLOYEES. THE RELATED ORGANIZATION, MENTAL HEALTH CARE, INC USED THE FOLLOWING PRACTICES FOR ESTABLISHING COMPENSATION FOR SUCH INDIVIDUALS: WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SUPPLEMENTAL INFORMATION
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0JOE RUTHERFORD
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1STEVEN WELCH
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/Title0CEO
IRS990ScheduleJ/Form990ScheduleJPartII/Title1CFO
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0182711
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1152801
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION CONTRACTED WITH AN AFFILIATED ORGANIZATION ("THE MANAGEMENT COMPANY") THAT PROVIDED ACCOUNTING AND OTHER MANAGERIAL SERVICES. THE ORGANIZATION PAYS THE MANAGEMENT COMPANY A FEE BASED ON AN ESTABLISHED RATE APPROVED BY HUD.
IRS990ScheduleO/GeneralExplanation/Explanation1THE FORM 990 WILL BE REVIEWED BY THE CEO, CFO AND PROPERTY MANAGER PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD CHAIRMAN, CEO AND SUPERVISORS REVIEW POTENTIAL CONFLICTS AND ARE NOTED BY THE INDIVIDUAL, SUPERVISOR OR DIRECTOR TO THE CEO.
IRS990ScheduleO/GeneralExplanation/Explanation3FORMS 1023 AND 990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION DOES NOT HAVE ANY PAID OFFICERS OR KEY EMPLOYEES. IF THE ORGANIZATION FINDS ITSELF IN A POSITION WHERE THIS CHANGES, A WRITTEN PROCESS THAT ENSURES FAIR AND EQUITABLE COMPENSATION WILL BE ADOPTED.
IRS990ScheduleO/GeneralExplanation/Explanation6JOE RUTHERFORD AND STEVE WELCH WORKED APPROXIMATELY 45 HOURS PER WEEK AS FOLLOWS: MENTAL HEALTH CARE, INC 40 HOURS, ALEXANDER APARTMENTS OF PLANT CITY, INC 1 HOUR, ARMENIA-EDDY APARTMENTS, INC 1 HOUR, BRANDON APARTMENTS, INC 1 HOUR, HUBERT APARTMENTS, INC 1 HOUR, AND ROME APARTMENTS, INC 1 HOUR. ELIZABETH BARRON, ED BALLAS, DOUG ARTHUR, MEL CARRIER, EDI ERB, DAVE HUNTER, AND JOHN MASSOLIO WORKED APPROXIMATELY 5 HOURS PER WEEK AS FOLLOWS: ALEXANDER APARTMENTS OF PLANT CITY, INC 1 HOUR, ARMENIA-EDDY APARTMENTS, INC 1 HOUR, BRANDON APARTMENTS, INC 1 HOUR, HUBERT APARTMENTS, INC 1 HOUR, AND ROME APARTMENTS, INC 1 HOUR.
IRS990ScheduleO/GeneralExplanation/Explanation7NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS HAS CHANGED DURING THE TAX YEAR.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$1.10$0.68$0.14$0.18$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.46$1.09$0.63$0.14$0.15$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.45$1.07$0.62$0.14$0.15$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.47$1.09$0.62$0.14$0.15$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.46$1.07$0.61$0.14$0.17$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.51$1.09$0.58$0.14$0.17$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.52$1.08$0.56$0.14$0.17$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.56$1.08$0.52$0.14$0.17$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.59$1.07$0.49$0.13$0.22$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.66$1.07$0.40$0.13$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.69$1.06$0.38$0.13$0.16$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.72$1.07$0.35$0.14$0.15$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$1.06$0.34$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$1.07$0.31$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$1.08$0.27$0.15