Civic Intelligence

North Tahoe Building Corporation

EIN 68-0131105 • 501(c)4 • Tahoe Vista, CA

Profile

NORTH TAHOE BUILDING CORPORATION HAS AN INSTALLMENT SALE AGREEMENT WITH THE NORTH TAHOE PUBLIC UTILITY DISTRICT FOR THE AMOUNT OF $4.5 million dollars FOR THE PURPOSE OF FINANCING THE COSTS OF THE district's WATER SYSTEM. THE DISTRICT IS RESPONSIBLE FOR OPERATIONS AND MANAGEMENT AS PER THE INSTALLMENT SALE AGREEMENT. INSTALLMENT PAYMENTS ARE MADE BY THE DISTRICT SEMIANNUALLY INCLUDING INTEREST AS SET IN THE AGREEMENT. Principal repayment begins in August 2013 and concludes on February 1, 2026. THE NORTH TAHOE BUILDING CORPORATIONs sole purpose IS to provide financing for the District's projects.

PO Box 139Tahoe Vista, CA 96148

www.ntpud.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.00x

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

22.22x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

37th percentile

0.0%

Higher net margin than 37% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-32%

Faster asset growth than 7% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$863,498

Down $407,068 (-32%) from 2023

Liabilities

Down

$863,498

Down $407,068 (-32%) from 2023

Net Assets

Flat

$0

Flat from 2023

Revenue

Down

$38,867

Down $15,616 (-29%) from 2023

Expenses

Down

$38,867

Down $15,616 (-29%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $4,298,771Liabilities 2014: $4,298,771Net Assets 2014: $02014Assets 2015: $4,012,498Liabilities 2015: $4,012,498Net Assets 2015: $02015Assets 2016: $3,714,806Liabilities 2016: $3,714,806Net Assets 2016: $02016Assets 2017: $3,405,238Liabilities 2017: $3,405,238Net Assets 2017: $02017Assets 2018: $3,093,307Liabilities 2018: $3,093,307Net Assets 2018: $02018Assets 2019: $2,748,564Liabilities 2019: $2,748,564Net Assets 2019: $02019Assets 2020: $2,400,454Liabilities 2020: $2,400,454Net Assets 2020: $02020Assets 2021: $2,038,456Liabilities 2021: $2,038,456Net Assets 2021: $02021Assets 2022: $1,662,019Liabilities 2022: $1,662,019Net Assets 2022: $02022Assets 2023: $1,270,566Liabilities 2023: $1,270,566Net Assets 2023: $02023Assets 2024: $863,498Liabilities 2024: $863,498Net Assets 2024: $02024

Highlighted filing

2024

Assets$863,498
Liabilities$863,498
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2014: $175,563Expenses 2014: $795,400Net Income 2014: -$619,8372014Revenue 2015: $159,663Expenses 2015: $159,663Net Income 2015: $02015Revenue 2016: $148,243Expenses 2016: $148,243Net Income 2016: $02016Revenue 2017: $136,369Expenses 2017: $136,369Net Income 2017: $02017Revenue 2018: $134,005Expenses 2018: $134,005Net Income 2018: $02018Revenue 2019: $97,594Expenses 2019: $97,594Net Income 2019: $02019Revenue 2020: $101,424Expenses 2020: $101,424Net Income 2020: $02020Revenue 2021: $83,939Expenses 2021: $83,939Net Income 2021: $02021Revenue 2022: $69,498Expenses 2022: $69,498Net Income 2022: $02022Revenue 2023: $54,483Expenses 2023: $54,483Net Income 2023: $02023Revenue 2024: $38,867Expenses 2024: $38,867Net Income 2024: $02024

Highlighted filing

2024

Revenue$38,867
Expenses$38,867
Net Income$0

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$148,243
Mission and Program Overview

Mission

North Tahoe Building Corporation has an installment sale agreement with the North Tahoe Public Utility District for the amount of $4.5 million dollars for the purpose of financing the costs of the district's water system. the district is responsible for operations and management as per the installment sale agreement. Installment payments are made by the district semiannually including interest as set in the agreement. Principal repayment begins in August 2013 and concludes on February 1, 2026. The North Tahoe Building Corporations sole purpose is to provide financing for the District's projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$64,970$60,150▼ $4,820
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,012,498$3,714,806▼ $297,692
Other Assets Total$3,947,528$3,654,656▼ $292,872
Liabilities
Tax Exempt Bond Liabilities$3,654,656$3,350,101▼ $304,555
Other Liabilities$292,872$304,555▲ $11,683
Accounts Payable and Accrued Expenses$64,970$60,150▼ $4,820
Total Liabilities$4,012,498$3,714,806▼ $297,692
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$4,012,498$3,714,806▼ $297,692

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,654,656--
Compensation and Service Providers

Board Members and Trustees

NameTitle
S Lane LewisPresident
John BergmanVice President
Susan DanielsDirector
Tim FerrellDirector
Larry MArpleCFO
Phil ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$148,243
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,243
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$148,243--$148,243
Total Functional Expenses$148,243$0$0$148,243
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$304,555
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
North Tahoe Building Corporation
EIN
68-0131105
Phone
5305464212
Address
PO BOX 139, TAHOE VISTA, CA 96148

Signing Officer

Name
Larry MArple
Title
CFO
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Damore Hamric & Schneider Inc
Address
1515 River Park Dr Ste 150, Sacramento, CA 95815-4606
Preparer
Ronald a Ley
Phone
9164812856
Raw XML Appendix311 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.

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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.NTPUD.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Larry MArple
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH TAHOE BUILDING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0680131105
ReturnHeader/Filer/PhoneNum05305464212
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 139
ReturnHeader/Filer/USAddress/CityNm0TAHOE VISTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd096148
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Damore Hamric & Schneider Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01515 River Park Dr Ste 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sacramento
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0958154606
ReturnHeader/PreparerPersonGrp/PhoneNum09164812856
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD A LEY
ReturnHeader/ReturnTs02017-01-16T15:47:05-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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