Civic Intelligence

CIC Arms Inc

990 • Fiscal year 2022 • EIN 71-0467424

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 10, 2022

Organization ProfileN/A
S Second Martin DriveMcGehee, AR 71654

(870) 222-5276

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.21x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

35th percentile

-3.3%

Higher net margin than 35% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$84,548

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-8.7%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-3.0%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$355,743

Down $33,873 (-8.7%) from 2021

Net Assets

Down

$285,404

Down $11,213 (-3.8%) from 2021

Liabilities

Down

$70,339

Down $22,660 (-24%) from 2021

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin35th percentile

Revenue

Down

$335,042

Down $10,194 (-3.0%) from 2021

Expenses

Up

$346,255

Up $24,513 (+7.6%) from 2021

Net Income

Down

-$11,213

Down $34,707 (-148%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$400K$300K$200K$100K$0Assets 2011: $255,414Liabilities 2011: $12,969Net Assets 2011: $242,4452011Assets 2012: $290,704Liabilities 2012: $13,607Net Assets 2012: $277,0972012Assets 2013: $281,557Liabilities 2013: $11,836Net Assets 2013: $269,7212013Assets 2014: $272,206Liabilities 2014: $22,019Net Assets 2014: $250,1872014Assets 2015: $276,117Liabilities 2015: $19,570Net Assets 2015: $256,5472015Assets 2016: $272,156Liabilities 2016: $22,555Net Assets 2016: $249,6012016Assets 2017: $249,298Liabilities 2017: $23,343Net Assets 2017: $225,9552017Assets 2018: $336,165Liabilities 2018: $101,989Net Assets 2018: $234,1762018Assets 2019: $308,365Liabilities 2019: $77,943Net Assets 2019: $230,4222019Assets 2020: $319,419Liabilities 2020: $46,296Net Assets 2020: $273,1232020Assets 2021: $389,616Liabilities 2021: $92,999Net Assets 2021: $296,6172021Assets 2022: $355,743Liabilities 2022: $70,339Net Assets 2022: $285,4042022Assets 2023: $326,579Liabilities 2023: $71,272Net Assets 2023: $255,3072023Assets 2024: $324,910Liabilities 2024: $44,563Net Assets 2024: $280,3472024

Highlighted filing

2022

Assets$355,743
Liabilities$70,339
Net Assets$285,404
Open 2022 Filing

Operations Trend

Revenue Growth33rd percentile

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

$400K$200K$0-$200KRevenue 2011: $312,070Expenses 2011: $267,481Net Income 2011: $44,5892011Revenue 2012: $287,296Expenses 2012: $252,644Net Income 2012: $34,6522012Expenses 2013: $291,6022013Revenue 2014: $316,638Expenses 2014: $328,971Net Income 2014: -$12,3332014Revenue 2015: $295,963Expenses 2015: $289,603Net Income 2015: $6,3602015Revenue 2016: $294,865Expenses 2016: $301,811Net Income 2016: -$6,9462016Revenue 2017: $297,333Expenses 2017: $320,980Net Income 2017: -$23,6472017Revenue 2018: $313,569Expenses 2018: $305,348Net Income 2018: $8,2212018Revenue 2019: $330,553Expenses 2019: $334,307Net Income 2019: -$3,7542019Revenue 2020: $371,409Expenses 2020: $328,707Net Income 2020: $42,7022020Revenue 2021: $345,236Expenses 2021: $321,742Net Income 2021: $23,4942021Revenue 2022: $335,042Expenses 2022: $346,255Net Income 2022: -$11,2132022Revenue 2023: $320,826Expenses 2023: $350,923Net Income 2023: -$30,0972023Revenue 2024: $371,600Expenses 2024: $346,560Net Income 2024: $25,0402024

Highlighted filing

2022

Revenue$335,042
Expenses$346,255
Net Income-$11,213
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 10, 2022
Return Version
2021v4.0
Gross Receipts
$335,042
Mission and Program Overview

Mission

C.I.C. Arms, Inc. is a fifty unit apartment complex in McGehee, Arkansas providing low rent housing to its tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$235,525$233,867▼ $1,658
Savings and Temporary Cash Investments$86,878$88,180▲ $1,302
Cash and Non-Interest-Bearing Accounts$66,413$32,896▼ $33,517
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$389,616$355,743▼ $33,873
Other Assets Total$800$800→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$64,242$42,415▼ $21,827
Accounts Payable and Accrued Expenses$22,287$21,692▼ $595
Other Liabilities$6,470$6,232▼ $238
Total Liabilities$92,999$70,339▼ $22,660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$296,617$285,404▼ $11,213
Total Net Assets Fund Balance$296,617$285,404▼ $11,213
Total Liabilities and Net Assets / Fund Balance$389,616$355,743▼ $33,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,366$633,495$637,861
Leasehold Improvements$187,511$107,050$294,561
Other Land Buildings$26,069$142,300$168,369
Equipment-$16,121$16,121
Land$15,921-$15,921
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jacqueline GrahamManagerFT$84,548$84,548
LC WilliamsVice President-$6,065$6,065
John EllisPresident-$3,615$3,615
Doris GloverSecretary-$3,565$3,565
Betty RhodesAsst. Secretary-$3,040$3,040
Willie BoydDirector-$1,590$1,590
Karline MitchellDirector-$860$860
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$334,798
Investment Income
$244
Other Revenue
$0
Change in Net Assets
$-11,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$186,273
Other Expenses$159,111
Grants and Similar Amounts Paid$871
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$103,283--$103,283
Other Salaries and Wages$67,219--$67,219
Depreciation Depletion$15,514--$15,514
All Other Expenses$13,199--$13,199
Payroll Taxes$11,914--$11,914
Other Expenses$9,533--$9,533
Office Expenses$5,766--$5,766
Fees for Services Accounting$5,390--$5,390
Pension Plan Contributions$3,857--$3,857
Interest$2,172--$2,172
Insurance$1,633--$1,633
Grants to Domestic Orgs$671--$671
Advertising$265--$265
Grants to Domestic Individuals$200--$200
Total Functional Expenses$346,255$0$0$346,255
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
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
Tenant Security Deposits$6,232
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

“The 990 is reviewed by the Manager, who notifies the board that the 990 has been completed.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The manager's performance is reviewed annually by the board of directors. Compensation is then set based upon the manager's performance and years of service. These decisions are recorded in the minutes of the board meeting.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“All employees' performances are subject to the board of director's review, and compensation is set based upon performance and years of service. All decisions are documented in the minutes of the board meetings.”

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

“Governing documents, policies and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
CIC Arms Inc
EIN
71-0467424
Phone
8702225276
Address
S Second Martin Drive, McGehee, AR 71654

Signing Officer

Name
Jacqueline Graham
Title
Manager
Signed
2022-10-10
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
The Montgomery Firm CPAs PA
Address
202 West Lynn Street, Mc Gehee, AR 71654
Preparer
Stephen N Montgomery
Phone
8702226005
Raw XML Appendix384 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022287
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021692
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0C.I.C. Arms, Inc. is a fifty unit apartment complex in McGehee, Arkansas providing low rent housing to its tenants.
IRS990/AdvertisingGrp/ProgramServicesAmt0265
IRS990/AdvertisingGrp/TotalAmt0265
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013199
IRS990/AllOtherExpensesGrp/TotalAmt013199
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Montgomery Firm CPA's PA
IRS990/BooksInCareOfDetail/PhoneNum08702226005
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0202 West Lynn
IRS990/BooksInCareOfDetail/USAddress/CityNm0McGehee
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd071654
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt066413
IRS990/CashNonInterestBearingGrp/EOYAmt032896
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0103283
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0103283
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0871
IRS990/CYInvestmentIncomeAmt0244
IRS990/CYOtherExpensesAmt0159111
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0334798
IRS990/CYRevenuesLessExpensesAmt0-11213
IRS990/CYSalariesCompEmpBnftPaidAmt0186273
IRS990/CYTotalExpensesAmt0346255
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0335042
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt015514
IRS990/DepreciationDepletionGrp/TotalAmt015514
IRS990/Desc0Low rent housing project with 50 units
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0346255
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05390
IRS990/FeesForServicesAccountingGrp/TotalAmt05390
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Jacqueline Graham
IRS990/Form990PartVIISectionAGrp/PersonNm1LC Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2John Ellis
IRS990/Form990PartVIISectionAGrp/PersonNm3Doris Glover
IRS990/Form990PartVIISectionAGrp/PersonNm4Betty Rhodes
IRS990/Form990PartVIISectionAGrp/PersonNm5Willie Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm6Karline Mitchell
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt084548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16065
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33565
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51590
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6860
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Asst. Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0200
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0671
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0671
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0335042
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01633
IRS990/InsuranceGrp/TotalAmt01633
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt02172
IRS990/InterestGrp/TotalAmt02172
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0244
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0244
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0898966
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0235525
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0233867
IRS990/LandBldgEquipCostOrOtherBssAmt01132833
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0C.I.C. Arms, Inc. is a fifty unit apartment complex in McGehee, Arkansas providing low rent housing to its tenants.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt064242
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt042415
IRS990/NetAssetsOrFundBalancesBOYAmt0296617
IRS990/NetAssetsOrFundBalancesEOYAmt0285404
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0296617
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0285404
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt05766
IRS990/OfficeExpensesGrp/TotalAmt05766
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0800
IRS990/OtherAssetsTotalGrp/EOYAmt0800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs and maintenance
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Property tax
IRS990/OtherExpensesGrp/Desc3Utility reimbursements paid
IRS990/OtherExpensesGrp/ProgramServicesAmt054977
IRS990/OtherExpensesGrp/ProgramServicesAmt138464
IRS990/OtherExpensesGrp/ProgramServicesAmt212198
IRS990/OtherExpensesGrp/ProgramServicesAmt39533
IRS990/OtherExpensesGrp/TotalAmt054977
IRS990/OtherExpensesGrp/TotalAmt138464
IRS990/OtherExpensesGrp/TotalAmt212198
IRS990/OtherExpensesGrp/TotalAmt39533
IRS990/OtherLiabilitiesGrp/BOYAmt06470
IRS990/OtherLiabilitiesGrp/EOYAmt06232
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067219
IRS990/OtherSalariesAndWagesGrp/TotalAmt067219
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt011914
IRS990/PayrollTaxesGrp/TotalAmt011914
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03857
IRS990/PensionPlanContributionsGrp/TotalAmt03857
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1Miscellaneous income
IRS990/ProgramServiceRevenueGrp/Desc2Rents collected
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0259012
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1643
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt275143
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0259012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt275143
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0492
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0143299
IRS990/PYProgramServiceRevenueAmt0344744
IRS990/PYRevenuesLessExpensesAmt023494
IRS990/PYSalariesCompEmpBnftPaidAmt0178443
IRS990/PYTotalExpensesAmt0321742
IRS990/PYTotalRevenueAmt0345236
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-11213
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086878
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088180
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04366
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0633495
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0637861
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016121
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016121
IRS990ScheduleD/LandGrp/BookValueAmt015921
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015921
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0187511
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0107050
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0294561
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026069
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0142300
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0168369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0233867
IRS990ScheduleD/TotalLiabilityAmt06232
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed by the Manager, who notifies the board that the 990 has been completed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The manager's performance is reviewed annually by the board of directors. Compensation is then set based upon the manager's performance and years of service. These decisions are recorded in the minutes of the board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All employees' performances are subject to the board of director's review, and compensation is set based upon performance and years of service. All decisions are documented in the minutes of the board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, policies and financial statements are available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0389616
IRS990/TotalAssetsEOYAmt0355743
IRS990/TotalAssetsGrp/BOYAmt0389616
IRS990/TotalAssetsGrp/EOYAmt0355743
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0346255
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt092999
IRS990/TotalLiabilitiesEOYAmt070339
IRS990/TotalLiabilitiesGrp/BOYAmt092999
IRS990/TotalLiabilitiesGrp/EOYAmt070339
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0296617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0285404
IRS990/TotalProgramServiceExpensesAmt0346255
IRS990/TotalProgramServiceRevenueAmt0334798
IRS990/TotalReportableCompFromOrgAmt0103283
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0335042
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0335042
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0389616
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0355743
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0S Second Martin Drive
IRS990/USAddress/CityNm0McGehee
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd071654
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jacqueline Graham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CIC Arms Inc
ReturnHeader/Filer/BusinessNameControlTxt0CICA
ReturnHeader/Filer/EIN0710467424
ReturnHeader/Filer/PhoneNum08702225276
ReturnHeader/Filer/USAddress/AddressLine1Txt0S Second Martin Drive
ReturnHeader/Filer/USAddress/CityNm0McGehee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071654
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710765675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Montgomery Firm CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 West Lynn Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mc Gehee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071654
ReturnHeader/PreparerPersonGrp/PhoneNum08702226005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen N Montgomery
ReturnHeader/ReturnTs02022-10-10T14:59:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jacqueline
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Graham
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$355,743
Liabilities
$70,339
Net assets
$285,404
Revenue
$335,042
Expenses
$346,255
Net income
-$11,213
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.25$0.45$2.80$3.72$3.47$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.71$2.55$3.21$3.51$0.30
2022Detailed filing. Detailed filing data is available for this year.$3.56$0.70$2.85$3.35$3.46$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.90$0.93$2.97$3.45$3.22$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.19$0.46$2.73$3.71$3.29$0.43
2019Detailed filing. Detailed filing data is available for this year.$3.08$0.78$2.30$3.31$3.34$0.04
2018Detailed filing. Detailed filing data is available for this year.$3.36$1.02$2.34$3.14$3.05$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.23$2.26$2.97$3.21$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.23$2.50$2.95$3.02$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.76$0.20$2.57$2.96$2.90$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.72$0.22$2.50$3.17$3.29$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.12$2.70$2.92
2012Summary only. Only limited summary data is available for this year.$2.91$0.14$2.77$2.87$2.53$0.35
2011Summary only. Only limited summary data is available for this year.$2.55$0.13$2.42$3.12$2.67$0.45