Civic Intelligence

Southwest Florida Gwi Housing V Inc

EIN 65-0914341 • 501(c)3 • Fort Myers, FL

Profile

Providing hud sponsored independent living facilities for low income disabled individuals.

5100 Tice StreetFort Myers, FL 33905

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

3.18x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

9.57x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-45%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

38th percentile

-12%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-58%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$268,555

Down $37,469 (-12%) from 2023

Liabilities

Up

$853,032

Up $3,105 (+0.4%) from 2023

Net Assets

Down

-$584,477

Down $40,574 (-7.5%) from 2023

Revenue

Down

$89,179

Down $124,920 (-58%) from 2023

Expenses

Down

$129,753

Down $26,073 (-17%) from 2023

Net Income

Down

-$40,574

Down $98,847 (-170%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $709,385Liabilities 2010: $982,745Net Assets 2010: -$273,3602010Assets 2011: $669,458Liabilities 2011: $991,973Net Assets 2011: -$322,5152011Assets 2012: $635,366Liabilities 2012: $970,238Net Assets 2012: -$334,8722012Assets 2013: $614,117Liabilities 2013: $970,463Net Assets 2013: -$356,3462013Assets 2014: $585,244Liabilities 2014: $970,385Net Assets 2014: -$385,1412014Assets 2015: $559,572Liabilities 2015: $970,956Net Assets 2015: -$411,3842015Assets 2016: $528,061Liabilities 2016: $971,634Net Assets 2016: -$443,5732016Assets 2017: $497,561Liabilities 2017: $969,608Net Assets 2017: -$472,0472017Assets 2018: $473,666Liabilities 2018: $970,948Net Assets 2018: -$497,2822018Assets 2019: $450,968Liabilities 2019: $969,907Net Assets 2019: -$518,9392019Assets 2020: $421,252Liabilities 2020: $970,968Net Assets 2020: -$549,7162020Assets 2021: $395,051Liabilities 2021: $970,124Net Assets 2021: -$575,0732021Assets 2022: $367,566Liabilities 2022: $969,742Net Assets 2022: -$602,1762022Assets 2023: $306,024Liabilities 2023: $849,927Net Assets 2023: -$543,9032023Assets 2024: $268,555Liabilities 2024: $853,032Net Assets 2024: -$584,4772024

Highlighted filing

2024

Assets$268,555
Liabilities$853,032
Net Assets-$584,477

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $100,6082010Expenses 2011: $106,3212011Expenses 2012: $94,9562012Revenue 2013: $73,346Expenses 2013: $94,820Net Income 2013: -$21,4742013Revenue 2014: $71,743Expenses 2014: $100,538Net Income 2014: -$28,7952014Revenue 2015: $73,831Expenses 2015: $100,074Net Income 2015: -$26,2432015Revenue 2016: $66,158Expenses 2016: $98,347Net Income 2016: -$32,1892016Revenue 2017: $75,440Expenses 2017: $103,914Net Income 2017: -$28,4742017Revenue 2018: $79,883Expenses 2018: $105,118Net Income 2018: -$25,2352018Revenue 2019: $83,142Expenses 2019: $104,799Net Income 2019: -$21,6572019Revenue 2020: $79,473Expenses 2020: $110,250Net Income 2020: -$30,7772020Revenue 2021: $84,559Expenses 2021: $109,916Net Income 2021: -$25,3572021Revenue 2022: $94,163Expenses 2022: $121,266Net Income 2022: -$27,1032022Revenue 2023: $214,099Expenses 2023: $155,826Net Income 2023: $58,2732023Revenue 2024: $89,179Expenses 2024: $129,753Net Income 2024: -$40,5742024

Highlighted filing

2024

Revenue$89,179
Expenses$129,753
Net Income-$40,574

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$8.53$5.84$0.89$1.30$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$8.50$5.44$2.14$1.56$0.58
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$9.70$6.02$0.94$1.21$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$9.70$5.75$0.85$1.10$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$9.71$5.50$0.79$1.10$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$9.70$5.19$0.83$1.05$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$9.71$4.97$0.80$1.05$0.25
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$9.70$4.72$0.75$1.04$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.28$9.72$4.44$0.66$0.98$0.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.60$9.71$4.11$0.74$1.00$0.26
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$9.70$3.85$0.72$1.01$0.29
2013Detailed filing. Detailed filing data is available for this year.$6.14$9.70$3.56$0.73$0.95$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$9.70$3.35$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$9.92$3.23$1.06
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$9.83$2.73$1.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 25, 2025
Return Version
2024v5.0
Gross Receipts
$89,179
Mission and Program Overview

Mission

Providing hud sponsored independent living facilities for low income disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$240,316$202,829▼ $37,487
Prepaid Expenses and Deferred Charges$3,750$2,917▼ $833
Accounts Receivable$2,222$1,219▼ $1,003
Cash and Non-Interest-Bearing Accounts$71$175▲ $104
Total Assets$306,024$268,555▼ $37,469
Other Assets Total$59,665$61,415▲ $1,750
Liabilities
Mortgage Notes Payable Secured by Investment Property$844,100$844,100→ $0
Accounts Payable and Accrued Expenses$2,550$6,241▲ $3,691
Other Liabilities$3,127$2,599▼ $528
Deferred Revenue$150$92▼ $58
Total Liabilities$849,927$853,032▲ $3,105
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-543,903$-584,477▼ $40,574
Total Net Assets Fund Balance$-543,903$-584,477▼ $40,574
Total Liabilities and Net Assets / Fund Balance$306,024$268,555▼ $37,469

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$96,431$725,203$821,634
Equipment$32,324$44,117$76,441
Land$56,000-$56,000
Other Land Buildings$18,074$19,710$37,784
Other Assets Org$371--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jennifer FisherChair
Dale SchneiderVice Chair
Daniel AdamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$89,174
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-40,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$89,179
Total Revenue per Audited Statements
$89,179
Total Revenue per Form 990
$89,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,310
Salaries, Compensation, and Employee Benefits$16,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$38,169--$38,169
Occupancy$33,763--$33,763
Other Salaries and Wages$12,899--$12,899
Fees for Services Management-$10,703-$10,703
Fees for Services Accounting-$7,405-$7,405
Office Expenses$6,704--$6,704
Other Employee Benefits$2,487--$2,487
Payroll Taxes$1,057--$1,057
Insurance$320--$320
Conferences and Meetings-$264-$264
Other Expenses$186--$186
Total Functional Expenses$111,381$18,372$0$129,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$129,753
Total Expenses per Audited Statements$129,753
Total Expenses per Form 990$129,753
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
Security Deposits$2,599
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, Page 6, Part VI, Line 3

The management company is the columbia group. The columbia group manages the rental units, provides maintenance services and manages financial operations of all associated hud properties. The management company did not compensate any employee or director of the company.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the chief operating officer of the sponsor organization. After the return is approved by the chief operating officer, it is presented to the president/ceo of the sponsor organization for final review. Once it is approved, it is signed by the chief operating officer of the sponsoring organization and it is ready for filing.

Form 990, Page 6, Part VI, Line 12C

All potential conflicts are disclosed to the board in advance of any presentation. Conflicted board members, if any, are prohibited from voting or discussing the issue during the debate period except to answer questions about the proposal. The conflicted member is noted in the approved minutes.

Form 990, Page 6, Part VI, Line 19

Other organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Southwest Florida Gwi Housing V
EIN
65-0914341
Phone
2399952106
Address
5100 TICE STREET, FORT MYERS, FL 33905
Doing Business As
Santa Barbara Village

Signing Officer

Name
Douglas a Stewart
Title
Chief Operat Officer
Phone
2399952106
Signed
2025-03-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Fisher
Formed
1999
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
Scott Robin
Phone
2259263360
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT COMPANY IS THE COLUMBIA GROUP. THE COLUMBIA GROUP MANAGES THE RENTAL UNITS, PROVIDES MAINTENANCE SERVICES AND MANAGES FINANCIAL OPERATIONS OF ALL ASSOCIATED HUD PROPERTIES. THE MANAGEMENT COMPANY DID NOT COMPENSATE ANY EMPLOYEE OR DIRECTOR OF THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE CHIEF OPERATING OFFICER OF THE SPONSOR ORGANIZATION. AFTER THE RETURN IS APPROVED BY THE CHIEF OPERATING OFFICER, IT IS PRESENTED TO THE PRESIDENT/CEO OF THE SPONSOR ORGANIZATION FOR FINAL REVIEW. ONCE IT IS APPROVED, IT IS SIGNED BY THE CHIEF OPERATING OFFICER OF THE SPONSORING ORGANIZATION AND IT IS READY FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POTENTIAL CONFLICTS ARE DISCLOSED TO THE BOARD IN ADVANCE OF ANY PRESENTATION. CONFLICTED BOARD MEMBERS, IF ANY, ARE PROHIBITED FROM VOTING OR DISCUSSING THE ISSUE DURING THE DEBATE PERIOD EXCEPT TO ANSWER QUESTIONS ABOUT THE PROPOSAL. THE CONFLICTED MEMBER IS NOTED IN THE APPROVED MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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