Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
EIN 71-0533427 • 501(c)4 • Springdale, AR
Profile
Provide affordable housing for senior citizens.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
63rd percentile
Higher top officer pay than 63% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$1,005,066
Up $21,989 (+2.2%) from 2024
Liabilities
Down$1,719,748
Down $76,873 (-4.3%) from 2024
Net Assets
Up-$714,682
Up $98,862 (+12%) from 2024
Revenue
Up$917,553
Up $35,454 (+4.0%) from 2024
Expenses
Up$818,691
Up $21,282 (+2.7%) from 2024
Net Income
Up$98,862
Up $14,172 (+17%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
To provide low income housing for the Elderly through the use of HUD's Section 202 Program.
To provide low income housing for the Elderly through the use of HUDs Section 202 Program.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $644,800 | $705,451 | ▲ $60,651 |
| Land, Buildings, and Equipment, Net | $233,161 | $197,003 | ▼ $36,158 |
| Cash and Non-Interest-Bearing Accounts | $50,629 | $58,377 | ▲ $7,748 |
| Prepaid Expenses and Deferred Charges | $54,487 | $44,235 | ▼ $10,252 |
| Total Assets | $983,077 | $1,005,066 | ▲ $21,989 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,707,521 | $1,633,652 | ▼ $73,869 |
| Accounts Payable and Accrued Expenses | $89,100 | $86,096 | ▼ $3,004 |
| Total Liabilities | $1,796,621 | $1,719,748 | ▼ $76,873 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-813,544 | $-714,682 | ▲ $98,862 |
| Total Net Assets Fund Balance | $-813,544 | $-714,682 | ▲ $98,862 |
| Total Liabilities and Net Assets / Fund Balance | $983,077 | $1,005,066 | ▲ $21,989 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $100,133 | $3,142,813 | - |
| Land | $73,260 | - | - |
| Equipment | $23,610 | $167,706 | - |
| Name | Title |
|---|---|
| Rodney Weeks | President |
| Jeff Desnhardt | Vice President |
| Don Ogden | Director |
| Jeff Watson | Director |
| Sharon Wright | Director |
| Vera Thompson | Director |
| Sharon Horwart | Secretary/Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $517,206 |
| Salaries, Compensation, and Employee Benefits | $301,485 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $247,056 | $0 | $0 | $247,056 |
| Other Salaries and Wages | $244,912 | $0 | $0 | $244,912 |
| Fees for Services Management | $0 | $65,359 | $0 | $65,359 |
| Insurance | $62,757 | $0 | $0 | $62,757 |
| Interest | $56,493 | $0 | $0 | $56,493 |
| Depreciation Depletion | $43,158 | $0 | $0 | $43,158 |
| Other Employee Benefits | $37,850 | $0 | $0 | $37,850 |
| Office Expenses | $18,765 | $0 | $0 | $18,765 |
| Payroll Taxes | $18,723 | $0 | $0 | $18,723 |
| Fees for Services Accounting | $0 | $13,350 | $0 | $13,350 |
| Other Expenses | $3,428 | $0 | $0 | $3,428 |
| Advertising | $203 | $0 | $0 | $203 |
| Total Functional Expenses | $739,982 | $78,709 | $0 | $818,691 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $818,691 |
| Total Expenses per Audited Statements | $818,691 |
| Total Expenses per Form 990 | $818,691 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The process is that the managing agent will review for accuracy and completeness. The return is then provided to the Board of Directors. The managing agent will then sign the return.”
“Board members review annualy conflict of interest provisions”
“During the budget process, salary levels are reviewed and approved.”
“Upon request”
“Neither the Project nor its nonprofit corporate owner are subject to income taxes. Spring Meadows, Inc. is exempt from income taxes as an entity described in 501(c) (4) of the Internal Revenue Code. As a result, there is no provision for federal income taxes in these financial statements and no federal income taxes were paid. Management believes that Spring Meadows, Inc. has adequately addressed all relevant tax position and there are no unrecorded tax liabilities. Generally, Spring Meadows, Inc.s tax returns remains open for three years for federal income tax examination.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 86096 |
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| IRS990/ActivityOrMissionDesc | 0 | To provide low income housing for the Elderly through the use of HUDs Section 202 Program. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 203 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 203 |
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| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72764 |
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| IRS990/CYOtherRevenueAmt | 0 | 350 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 369310 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 98862 |
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| IRS990/CYTotalExpensesAmt | 0 | 818691 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 917553 |
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| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 65359 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 65359 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Rodney Weeks |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1980 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FSAuditedInd | 0 | true |
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| IRS990/GovernmentGrantsAmt | 0 | 534590 |
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| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
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| IRS990/IncludeFIN48FootnoteInd | 0 | true |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 62757 |
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| IRS990/InterestGrp/TotalAmt | 0 | 56493 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 197003 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3507522 |
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| IRS990/MissionDesc | 0 | To provide low income housing for the Elderly through the use of HUDs Section 202 Program. |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -714682 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -813544 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -714682 |
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| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 0 |
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| IRS990/OtherExpensesGrp/Desc | 0 | Admin. Sundry |
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| IRS990/OtherExpensesGrp/Desc | 2 | Misc Taxes,License,Permits |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 18723 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 18723 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 44235 |
| IRS990/PrincipalOfficerNm | 0 | Jack Farmer |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Rental Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Laundry Income |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 3203 |
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| IRS990/PYOtherExpensesAmt | 0 | 520158 |
| IRS990/PYOtherRevenueAmt | 0 | 500 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 360785 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 84690 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 277251 |
| IRS990/PYTotalExpensesAmt | 0 | 797409 |
| IRS990/PYTotalRevenueAmt | 0 | 882099 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 98862 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 917553 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 644800 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 705451 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 100133 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3142813 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 3242946 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 23610 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 167706 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 191316 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 818691 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 73260 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 73260 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 917553 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Neither the Project nor its nonprofit corporate owner are subject to income taxes. Spring Meadows, Inc. is exempt from income taxes as an entity described in 501(c) (4) of the Internal Revenue Code. As a result, there is no provision for federal income taxes in these financial statements and no federal income taxes were paid. Management believes that Spring Meadows, Inc. has adequately addressed all relevant tax position and there are no unrecorded tax liabilities. Generally, Spring Meadows, Inc.s tax returns remains open for three years for federal income tax examination. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt X, Line 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 197003 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 818691 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 917553 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 917553 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 818691 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The process is that the managing agent will review for accuracy and completeness. The return is then provided to the Board of Directors. The managing agent will then sign the return. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Board members review annualy conflict of interest provisions |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | During the budget process, salary levels are reviewed and approved. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Upon request |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 983077 |
| IRS990/TotalAssetsEOYAmt | 0 | 1005066 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 983077 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1005066 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 534590 |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 78709 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 739982 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 818691 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1796621 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1719748 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1796621 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1719748 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -813544 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -714682 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 739982 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 369310 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 13303 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 369660 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 917553 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 983077 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1005066 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 1800 Carley Road |
| IRS990/USAddress/CityNm | 0 | Springdale |
| IRS990/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/USAddress/ZIPCd | 0 | 72764 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jack Farmer |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Managing Agent |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4797568570 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Spring Meadows Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPRI |
| ReturnHeader/Filer/EIN | 0 | 710533427 |
| ReturnHeader/Filer/PhoneNum | 0 | 4797568570 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1800 Carley Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Springdale |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72764 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043837818 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Urlaub & Co PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 803 Rolling Hills Ln |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Ada |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 74820 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5803324802 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Ronald Urlaub |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2026-02-04T08:06:49-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-09-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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