Civic Intelligence

St John Alexander Tower Inc

990 • Fiscal year 2014 • EIN 71-0511695

Oct 01, 2013 to Sep 30, 2014 • Filed on Jan 28, 2015

8101 I-30Little Rock, AR 72209

(501) 280-0037

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.05x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

1.84x

Higher debt load relative to revenue than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

28th percentile

-2.9%

Faster asset growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

24th percentile

-7.5%

Faster revenue growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,712,433

Down $50,798 (-2.9%) from 2013

Net Assets

Up

-$78,164

Up $136,158 (+64%) from 2013

Liabilities

Down

$1,790,597

Down $186,956 (-9.5%) from 2013

Revenue

Down

$975,740

Down $78,812 (-7.5%) from 2013

Expenses

Down

$839,582

Down $28,359 (-3.3%) from 2013

Net Income

Down

$136,158

Down $50,453 (-27%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,680,747Liabilities 2010: $2,521,193Net Assets 2010: -$840,4462010Assets 2011: $1,720,302Liabilities 2011: $2,316,237Net Assets 2011: -$595,9352011Assets 2012: $1,742,747Liabilities 2012: $2,143,680Net Assets 2012: -$400,9332012Assets 2013: $1,763,231Liabilities 2013: $1,977,553Net Assets 2013: -$214,3222013Assets 2014: $1,712,433Liabilities 2014: $1,790,597Net Assets 2014: -$78,1642014Assets 2015: $1,468,419Liabilities 2015: $1,604,268Net Assets 2015: -$135,8492015Assets 2016: $1,390,553Liabilities 2016: $1,392,946Net Assets 2016: -$2,3932016Assets 2017: $1,686,504Liabilities 2017: $1,192,700Net Assets 2017: $493,8042017Assets 2018: $1,781,829Liabilities 2018: $944,292Net Assets 2018: $837,5372018Assets 2019: $1,901,637Liabilities 2019: $644,868Net Assets 2019: $1,256,7692019Assets 2020: $2,082,697Liabilities 2020: $346,477Net Assets 2020: $1,736,2202020Assets 2021: $2,055,822Liabilities 2021: $159,864Net Assets 2021: $1,895,9582021

Highlighted filing

2014

Assets$1,712,433
Liabilities$1,790,597
Net Assets-$78,164

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,060,8332010Revenue 2011: $1,187,342Expenses 2011: $942,831Net Income 2011: $244,5112011Expenses 2012: $899,5482012Revenue 2013: $1,054,552Expenses 2013: $867,941Net Income 2013: $186,6112013Revenue 2014: $975,740Expenses 2014: $839,582Net Income 2014: $136,1582014Revenue 2015: $913,163Expenses 2015: $970,848Net Income 2015: -$57,6852015Revenue 2016: $1,079,280Expenses 2016: $945,824Net Income 2016: $133,4562016Revenue 2017: $1,404,555Expenses 2017: $908,358Net Income 2017: $496,1972017Revenue 2018: $1,174,003Expenses 2018: $830,270Net Income 2018: $343,7332018Revenue 2019: $1,301,213Expenses 2019: $881,981Net Income 2019: $419,2322019Revenue 2020: $1,386,083Expenses 2020: $906,632Net Income 2020: $479,4512020Revenue 2021: $1,351,843Expenses 2021: $1,192,105Net Income 2021: $159,7382021

Highlighted filing

2014

Revenue$975,740
Expenses$839,582
Net Income$136,158
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$975,740
Mission and Program Overview

Mission

Provide low-income housing to the elderly and disabled in pine bluff, arkansas in accordance with u.s. Department of housing and urban development guidelines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,341,266$1,194,260▼ $147,006
Prepaid Expenses and Deferred Charges$13,339$25,339▲ $12,000
Cash and Non-Interest-Bearing Accounts$30,018$10,804▼ $19,214
Accounts Receivable$19,602$381▼ $19,221
Total Assets$1,763,231$1,712,433▼ $50,798
Other Assets Total$359,006$481,649▲ $122,643
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,897,046$1,708,345▼ $188,701
Accounts Payable and Accrued Expenses$55,070$55,651▲ $581
Other Liabilities$25,110$24,730▼ $380
Deferred Revenue$327$1,871▲ $1,544
Total Liabilities$1,977,553$1,790,597▼ $186,956
Net Assets / Fund Balance
Unrestricted Net Assets$-214,322$-78,164▲ $136,158
Total Net Assets Fund Balance$-214,322$-78,164▲ $136,158
Total Liabilities and Net Assets / Fund Balance$1,763,231$1,712,433▼ $50,798

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$936,810$3,374,884$4,311,694
Land$257,450-$257,450
Other Assets Org$200--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$975,279
Investment Income
$461
Other Revenue
$0
Change in Net Assets
$136,158

Audited Revenue Reconciliation

Revenue per Audited Statements
$975,740
Total Revenue per Audited Statements
$975,740
Total Revenue per Form 990
$975,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$674,925
Salaries, Compensation, and Employee Benefits$164,657
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$120,594$42,370-$162,964
Other Salaries and Wages$111,513$39,181-$150,694
Interest$97,848$34,379-$132,227
Occupancy$57,128$20,072-$77,200
Fees for Services Management$46,841$16,457-$63,298
Insurance$30,533$10,728-$41,261
Fees for Services Accounting$26,037$9,149-$35,186
Office Expenses$17,383$6,108-$23,491
Payroll Taxes$10,306$3,621-$13,927
Other Expenses$329$116-$445
All Other Expenses$176$62-$238
Advertising$114$40-$154
Other Employee Benefits$27$9-$36
Conferences and Meetings$18$6-$24
Total Functional Expenses$621,290$218,292$0$839,582

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$839,582
Total Expenses per Audited Statements$839,582
Total Expenses per Form 990$839,582
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/patient Deposits Held in Trus$24,730
Tenant Security Deposit Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 board of directors has authorized all day-to-day operations to be conducted by a u. S. Department of housing and urban development approved management company, united properties manaagement, inc.

Form 990, Page 6, Part VI, Line 7A

At the first meeting of the membership in which the directors are elected, after the adoption of this article, three directors shall be elected for a term of two years and the others shall be elected for a term of three years, and until their successors have been duly elected and qualified, and thereafter the term of the members of the board of directors shall be for three years and until their successors are duly elected and qualified. The directors shall pull lots to determine who among them have the two year term. In order to qualfy for election to the board of directos, the person must be a member of good standing of st. John ame church, pine bluff, arkansas.

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

Tax form 990 is prepared by an external cpa firm. Once prepared it is provided to the board of directors for approval and signature prior to filing.

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

All conflicts of interest are reported in the financial statements annually to the u.s. Department of housing and urban development for disclosure and review.

Form 990, Page 6, Part VI, Line 19

Documents not in direct conflict of privacy guidelines are provided upon written request within a reasonable amount of time.

Filing and Contact Details

Filer

EIN
71-0511695
Phone
5012800037

Signing Officer

Name
Clifford Flowers
Title
President
Phone
5012800037
Signed
2015-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clifford Flowers
Formed
1977
Legal Domicile
Ar
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Preparer
Michele Kemp CPA
Phone
5012236934
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IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 12
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0461
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0971
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01873
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01867
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0975279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01053686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01093579
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01185469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01315932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05623945
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0461
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01873
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01867
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06038
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05665
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05665
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct00.99690
IRS990ScheduleA/PublicSupportTotal509Amt05623945
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0975279
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01053686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01093579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01185469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01315932
IRS990ScheduleA/Total509Grp/TotalAmt05623945
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0975740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01054552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01094550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01187342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01323464
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05635648
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0936810
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03374884
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04311694
IRS990ScheduleD/ExpensesSubtotalAmt0839582
IRS990ScheduleD/LandGrp/BookValueAmt0257450
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0257450
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0264257
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1192462
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt224730
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3200
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT/PATIET DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MISC OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7MISCELLANEOUS ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT/PATIENT DEPOSITS HELD IN TRUS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0975740
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01194260
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0481649
IRS990ScheduleD/TotalExpensesPerForm990Amt0839582
IRS990ScheduleD/TotalLiabilityAmt024730
IRS990ScheduleD/TotalRevenuePerForm990Amt0975740
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0975740
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0839582
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS AUTHORIZED ALL DAY-TO-DAY OPERATIONS TO BE CONDUCTED BY A U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT APPROVED MANAGEMENT COMPANY, UNITED PROPERTIES MANAAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE FIRST MEETING OF THE MEMBERSHIP IN WHICH THE DIRECTORS ARE ELECTED, AFTER THE ADOPTION OF THIS ARTICLE, THREE DIRECTORS SHALL BE ELECTED FOR A TERM OF TWO YEARS AND THE OTHERS SHALL BE ELECTED FOR A TERM OF THREE YEARS, AND UNTIL THEIR SUCCESSORS HAVE BEEN DULY ELECTED AND QUALIFIED, AND THEREAFTER THE TERM OF THE MEMBERS OF THE BOARD OF DIRECTORS SHALL BE FOR THREE YEARS AND UNTIL THEIR SUCCESSORS ARE DULY ELECTED AND QUALIFIED. THE DIRECTORS SHALL PULL LOTS TO DETERMINE WHO AMONG THEM HAVE THE TWO YEAR TERM. IN ORDER TO QUALFY FOR ELECTION TO THE BOARD OF DIRECTOS, THE PERSON MUST BE A MEMBER OF GOOD STANDING OF ST. JOHN AME CHURCH, PINE BLUFF, ARKANSAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX FORM 990 IS PREPARED BY AN EXTERNAL CPA FIRM. ONCE PREPARED IT IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL AND SIGNATURE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL CONFLICTS OF INTEREST ARE REPORTED IN THE FINANCIAL STATEMENTS ANNUALLY TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR DISCLOSURE AND REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS NOT IN DIRECT CONFLICT OF PRIVACY GUIDELINES ARE PROVIDED UPON WRITTEN REQUEST WITHIN A REASONABLE AMOUNT OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01763231
IRS990/TotalAssetsEOYAmt01712433
IRS990/TotalAssetsGrp/BOYAmt01763231
IRS990/TotalAssetsGrp/EOYAmt01712433
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0218292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0621290
IRS990/TotalFunctionalExpensesGrp/TotalAmt0839582
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01977553
IRS990/TotalLiabilitiesEOYAmt01790597
IRS990/TotalLiabilitiesGrp/BOYAmt01977553
IRS990/TotalLiabilitiesGrp/EOYAmt01790597
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-214322
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-78164
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-217372
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-217372
IRS990/TotalProgramServiceExpensesAmt0621290
IRS990/TotalProgramServiceRevenueAmt0975279
IRS990/TotalRevenueGrp/ExclusionAmt0461
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0975279
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0975740
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01763231
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01712433
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-214322
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-78164
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102202 WEST 22ND STREET
IRS990/USAddress/City0PINE BLUFF
IRS990/USAddress/State0AR
IRS990/USAddress/ZIPCode071603
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLIFFORD FLOWERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05012800037
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10ST JOHN ALEXANDER TOWER INC
ReturnHeader/Filer/BusinessNameControlTxt0STJO
ReturnHeader/Filer/EIN0710511695
ReturnHeader/Filer/PhoneNum05012800037

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