Civic Intelligence

Monticello Ecumenical Retirement

EIN 71-0563803 • 501(c)3 • Monticello, AR

Profile

Monticello ecumenical retirement center, inc. (the "organization") was incorporated june 2, 1982 as a non-profit organization. The primary purpose of the organization is to provide housing for the elderly or the handicapped pursuant to section 202 of the national housing act, as amended. The organization operates annswood apartments (the "project"), an apartment complex of 62 rental units located in monticello, arkansas. The project leases the apartments under operating leases that are substantially all on a month-to month basis. The project's major program is its section 202 direct loan. The project is regulated by the department of housing and urban development (hud) as to rent charges and operating methods. As a non-profit owner of the project, the organization is not entitled to distributions of project funds under the terms of the regulatory agreement with hud.

570 West Conrad StreetMonticello, AR 71655
Siviq Scores

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

Liabilities / Assets

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.14x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-1.1%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

5.6%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$1,206,496

Down $13,687 (-1.1%) from 2023

Liabilities

Down

$73,609

Down $150,586 (-67%) from 2023

Net Assets

Up

$1,132,887

Up $136,899 (+14%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin78th percentile

Revenue

Up

$520,457

Up $27,547 (+5.6%) from 2023

Expenses

Down

$383,558

Down $10,477 (-2.7%) from 2023

Net Income

Up

$136,899

Up $38,024 (+38%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,153,191Liabilities 2010: $1,310,779Net Assets 2010: -$157,5882010Assets 2011: $1,155,014Liabilities 2011: $1,269,279Net Assets 2011: -$114,2652011Assets 2012: $1,152,419Liabilities 2012: $1,218,973Net Assets 2012: -$66,5542012Assets 2013: $1,152,617Liabilities 2013: $1,161,800Net Assets 2013: -$9,1832013Assets 2014: $1,159,612Liabilities 2014: $1,102,881Net Assets 2014: $56,7312014Assets 2015: $1,183,057Liabilities 2015: $1,043,212Net Assets 2015: $139,8452015Assets 2016: $1,198,568Liabilities 2016: $969,343Net Assets 2016: $229,2252016Assets 2017: $1,180,535Liabilities 2017: $887,894Net Assets 2017: $292,6412017Assets 2018: $1,207,126Liabilities 2018: $801,744Net Assets 2018: $405,3822018Assets 2019: $1,206,877Liabilities 2019: $704,203Net Assets 2019: $502,6742019Assets 2020: $1,229,579Liabilities 2020: $604,867Net Assets 2020: $624,7122020Assets 2021: $1,234,916Liabilities 2021: $488,979Net Assets 2021: $745,9372021Assets 2022: $1,257,528Liabilities 2022: $360,415Net Assets 2022: $897,1132022Assets 2023: $1,220,183Liabilities 2023: $224,195Net Assets 2023: $995,9882023Assets 2024: $1,206,496Liabilities 2024: $73,609Net Assets 2024: $1,132,8872024

Highlighted filing

2024

Assets$1,206,496
Liabilities$73,609
Net Assets$1,132,887
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$600K$400K$200K$0Expenses 2010: $374,4172010Expenses 2011: $381,6682011Revenue 2012: $423,935Expenses 2012: $376,224Net Income 2012: $47,7112012Revenue 2013: $426,782Expenses 2013: $369,411Net Income 2013: $57,3712013Revenue 2014: $430,787Expenses 2014: $364,873Net Income 2014: $65,9142014Revenue 2015: $444,087Expenses 2015: $360,973Net Income 2015: $83,1142015Revenue 2016: $448,347Expenses 2016: $358,967Net Income 2016: $89,3802016Revenue 2017: $426,397Expenses 2017: $362,981Net Income 2017: $63,4162017Revenue 2018: $449,736Expenses 2018: $336,995Net Income 2018: $112,7412018Revenue 2019: $461,326Expenses 2019: $364,035Net Income 2019: $97,2912019Revenue 2020: $459,147Expenses 2020: $337,108Net Income 2020: $122,0392020Revenue 2021: $478,324Expenses 2021: $357,099Net Income 2021: $121,2252021Revenue 2022: $483,384Expenses 2022: $332,208Net Income 2022: $151,1762022Revenue 2023: $492,910Expenses 2023: $394,035Net Income 2023: $98,8752023Revenue 2024: $520,457Expenses 2024: $383,558Net Income 2024: $136,8992024

Highlighted filing

2024

Revenue$520,457
Expenses$383,558
Net Income$136,899
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,206,496
Liabilities
$73,609
Net assets
$1,132,887
Revenue
$520,457
Expenses
$383,558
Net income
$136,899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.07$1.13$0.52$0.38$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.22$0.22$1.00$0.49$0.39$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.36$0.90$0.48$0.33$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.49$0.75$0.48$0.36$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.60$0.62$0.46$0.34$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.70$0.50$0.46$0.36$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.80$0.41$0.45$0.34$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.89$0.29$0.43$0.36$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.97$0.23$0.45$0.36$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.18$1.04$0.14$0.44$0.36$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.16$1.10$0.06$0.43$0.36$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.15$1.16$0.01$0.43$0.37$0.06
2012Summary only. Only limited summary data is available for this year.$1.15$1.22$0.07$0.42$0.38$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.27$0.11$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$1.31$0.16$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.0
Gross Receipts
$520,457
Mission and Program Overview

Mission

Monticello ecumenical retirement center, inc. (the "organization") was incorporated june 2, 1982 as a non-profit organization. The primary purpose of the organization is to provide housing for the elderly or the handicapped pursuant to section 202 of the national housing act, as amended. The organization operates annswood apartments (the "project"), an apartment complex of 62 rental units located in monticello, arkansas. The project leases the apartments under operating leases that are substantially all on a month-to month basis. The project's major program is its section 202 direct loan. The project is regulated by the department of housing and urban development (hud) as to rent charges and operating methods. As a non-profit owner of the project, the organization is not entitled to distributions of project funds under the terms of the regulatory agreement with hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$647,199$661,019▲ $13,820
Land, Buildings, and Equipment, Net$526,063$481,299▼ $44,764
Cash and Non-Interest-Bearing Accounts$46,545$63,773▲ $17,228
Accounts Receivable$276$305▲ $29
Total Assets$1,220,183$1,206,496▼ $13,687
Other Assets Total$100$100→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$190,873$39,989▼ $150,884
Accounts Payable and Accrued Expenses$33,322$33,620▲ $298
Total Liabilities$224,195$73,609▼ $150,586
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$995,988$1,132,887▲ $136,899
Total Net Assets Fund Balance$995,988$1,132,887▲ $136,899
Total Liabilities and Net Assets / Fund Balance$1,220,183$1,206,496▼ $13,687

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$449,799$1,483,079$1,932,878
Equipment-$135,035$135,035
Land$31,500-$31,500
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Kathy TumlinsonBoard Member
Laura FergusonBoard Member
Marilyn MhoonBoard Member
Rosalee EmersonDirector
Frank FergusonPres/CEO
Susan MusickSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$502,096
Investment Income
$18,279
Other Revenue
$82
Change in Net Assets
$136,899

Audited Revenue Reconciliation

Revenue per Audited Statements
$520,457
Total Revenue per Audited Statements
$520,457
Total Revenue per Form 990
$520,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,859
Salaries, Compensation, and Employee Benefits$114,699
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,480--$107,480
Insurance$55,060--$55,060
All Other Expenses$54,608--$54,608
Depreciation Depletion$44,764--$44,764
Other Expenses$13,932--$13,932
Interest$10,191--$10,191
Fees for Services Accounting-$7,225-$7,225
Payroll Taxes$7,219--$7,219
Advertising$4,188--$4,188
Office Expenses$1,561--$1,561
Fees for Services Legal$1,250--$1,250
Total Functional Expenses$376,333$7,225$0$383,558

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$383,558
Total Expenses per Audited Statements$383,558
Total Expenses per Form 990$383,558
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 is prepared by the organization's independent auditor and is thoroughly reviewed before submission.”

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

“The organization's conflict of interest policy is included in its written policy manual. No exceptions to this policy will be made unless approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors reviews and approves all compensation annually.”

Form 990, Page 6, Part VI, Line 15B

“No officers are compensated by this organization.”

Form 990, Page 6, Part VI, Line 19

“ON REQUEST”

Filing and Contact Details

Filer

Filer Name
Monticello Ecumenical Retirement
EIN
71-0563803
Phone
8703675967
Address
570 WEST CONRAD STREET, MONTICELLO, AR 71655

Signing Officer

Name
Frank Ferguson
Title
Pres/CEO
Phone
8703675967
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Ferguson
Formed
1982
Legal Domicile
Ar
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Firm
Bfjw Accountants LLC
Address
5420 W MARKHAM ST, LITTLE ROCK, AR 72205
Preparer
Mark S Watkins CPA
Phone
5016630990
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Monticello ecumenical retirement center, inc. (the "organization") was incorporated june 2, 1982 as a non-profit organization. The primary purpose of the organization is to provide housing for the elderly or the handicapped pursuant to section 202 of the national housing act, as amended. The organization operates annswood apartments (the "project"), an apartment complex of 62 rental units located in monticello, arkansas. The project leases the apartments under operating leases that are substantially all on a month-to month basis. The project's major program is its section 202 direct loan. The project is regulated by the department of housing and urban development (hud) as to rent charges and operating methods. As a non-profit owner of the project, the organization is not entitled to distributions of project funds under the terms of the regulatory agreement with hud.”

Form 990, Part IX, Line 24E

“Water 12,635 0 0 misc admin 8,104 0 0 sewer 7,152 0 0 electricity 7,132 0 0 exterminating supplies 4,467 0 0 janitor & cleaning contra 3,665 0 0 decorating supplies 3,284 0 0 telephone 3,138 0 0 repairs-material 1,992 0 0 gound supplies & repl 1,775 0 0 janitor & cleaning supp 1,000 0 0 misc maintenance expense 782 0 0 misc taxes & lic & permit 65 0 0 damages & cleaning -583 0 0 total 54,608 0 0”

Form 990, Part XI, Line 9

“ROUNDING ADJUSTMENT 0”

Raw XML Appendix363 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/MissionDesc0MONTICELLO ECUMENICAL RETIREMENT CENTER, INC. (THE "ORGANIZATION") WAS INCORPORATED JUNE 2, 1982 AS A NON-PROFIT ORGANIZATION. THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR THE ELDERLY OR THE HANDICAPPED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE ORGANIZATION OPERATES ANNSWOOD APARTMENTS (THE "PROJECT"), AN APARTMENT COMPLEX OF 62 RENTAL UNITS LOCATED IN MONTICELLO, ARKANSAS. THE PROJECT LEASES THE APARTMENTS UNDER OPERATING LEASES THAT ARE SUBSTANTIALLY ALL ON A MONTH-TO MONTH BASIS. THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 202 DIRECT LOAN. THE PROJECT IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS. AS A NON-PROFIT OWNER OF THE PROJECT, THE ORGANIZATION IS NOT ENTITLED TO DISTRIBUTIONS OF PROJECT FUNDS UNDER THE TERMS OF THE REGULATORY AGREEMENT WITH HUD.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt039989
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt01561
IRS990/OfficeExpensesGrp/TotalAmt01561
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100
IRS990/OtherAssetsTotalGrp/EOYAmt0100
IRS990/OtherExpensesGrp/Desc0REPAIRS-CONTRACT
IRS990/OtherExpensesGrp/Desc1GROUND CONTRACT
IRS990/OtherExpensesGrp/Desc2HEAT & AIR REPAIRS
IRS990/OtherExpensesGrp/Desc3GARBAGE REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt037372
IRS990/OtherExpensesGrp/ProgramServicesAmt121360
IRS990/OtherExpensesGrp/ProgramServicesAmt217348
IRS990/OtherExpensesGrp/ProgramServicesAmt313932
IRS990/OtherExpensesGrp/TotalAmt037372
IRS990/OtherExpensesGrp/TotalAmt121360
IRS990/OtherExpensesGrp/TotalAmt217348
IRS990/OtherExpensesGrp/TotalAmt313932
IRS990/OtherRevenueMiscGrp/Desc0OTHER - LAUNDRY REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt082
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt082
IRS990/OtherRevenueTotalAmt082
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0107480
IRS990/OtherSalariesAndWagesGrp/TotalAmt0107480
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07219
IRS990/PayrollTaxesGrp/TotalAmt07219
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FRANK FERGUSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME-APTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0502096
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0502096
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011302
IRS990/PYOtherExpensesAmt0277619
IRS990/PYOtherRevenueAmt01984
IRS990/PYProgramServiceRevenueAmt0479624
IRS990/PYRevenuesLessExpensesAmt098875
IRS990/PYSalariesCompEmpBnftPaidAmt0116416
IRS990/PYTotalExpensesAmt0394035
IRS990/PYTotalRevenueAmt0492910
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0136899
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0502096
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0647199
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0661019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0502096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0479624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0481086
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0476018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0458038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02396862
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01641
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01647
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034169
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02396541
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98570
IRS990ScheduleA/PublicSupportPY170Pct00.99230
IRS990ScheduleA/PublicSupportTotal170Amt02396862
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0502096
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0479624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0481086
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0476018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0458038
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02396862
IRS990ScheduleA/TotalSupportAmt02431670
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0639
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0639
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0449799
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01483079
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01932878
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0135035
IRS990ScheduleD/ExpensesSubtotalAmt0383558
IRS990ScheduleD/LandGrp/BookValueAmt031500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031500
IRS990ScheduleD/RevenueSubtotalAmt0520457
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0481299
IRS990ScheduleD/TotalExpensesPerForm990Amt0383558
IRS990ScheduleD/TotalRevenuePerForm990Amt0520457
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0520457
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0383558
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MONTICELLO ECUMENICAL RETIREMENT CENTER, INC. (THE "ORGANIZATION") WAS INCORPORATED JUNE 2, 1982 AS A NON-PROFIT ORGANIZATION. THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR THE ELDERLY OR THE HANDICAPPED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE ORGANIZATION OPERATES ANNSWOOD APARTMENTS (THE "PROJECT"), AN APARTMENT COMPLEX OF 62 RENTAL UNITS LOCATED IN MONTICELLO, ARKANSAS. THE PROJECT LEASES THE APARTMENTS UNDER OPERATING LEASES THAT ARE SUBSTANTIALLY ALL ON A MONTH-TO MONTH BASIS. THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 202 DIRECT LOAN. THE PROJECT IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS. AS A NON-PROFIT OWNER OF THE PROJECT, THE ORGANIZATION IS NOT ENTITLED TO DISTRIBUTIONS OF PROJECT FUNDS UNDER THE TERMS OF THE REGULATORY AGREEMENT WITH HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT AUDITOR AND IS THOROUGHLY REVIEWED BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS INCLUDED IN ITS WRITTEN POLICY MANUAL. NO EXCEPTIONS TO THIS POLICY WILL BE MADE UNLESS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES ALL COMPENSATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OFFICERS ARE COMPENSATED BY THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WATER 12,635 0 0 MISC ADMIN 8,104 0 0 SEWER 7,152 0 0 ELECTRICITY 7,132 0 0 EXTERMINATING SUPPLIES 4,467 0 0 JANITOR & CLEANING CONTRA 3,665 0 0 DECORATING SUPPLIES 3,284 0 0 TELEPHONE 3,138 0 0 REPAIRS-MATERIAL 1,992 0 0 GOUND SUPPLIES & REPL 1,775 0 0 JANITOR & CLEANING SUPP 1,000 0 0 MISC MAINTENANCE EXPENSE 782 0 0 MISC TAXES & LIC & PERMIT 65 0 0 DAMAGES & CLEANING -583 0 0 TOTAL 54,608 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01220183
IRS990/TotalAssetsEOYAmt01206496
IRS990/TotalAssetsGrp/BOYAmt01220183
IRS990/TotalAssetsGrp/EOYAmt01206496
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07225
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0376333
IRS990/TotalFunctionalExpensesGrp/TotalAmt0383558
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0224195
IRS990/TotalLiabilitiesEOYAmt073609
IRS990/TotalLiabilitiesGrp/BOYAmt0224195
IRS990/TotalLiabilitiesGrp/EOYAmt073609
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0995988
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01132887
IRS990/TotalProgramServiceExpensesAmt0376333
IRS990/TotalProgramServiceRevenueAmt0502096
IRS990/TotalRevenueGrp/ExclusionAmt018361
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0502096
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0520457
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01220183
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01206496
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0324 W BOLLING
IRS990/USAddress/CityNm0MONTICELLO
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd071655
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK FERGUSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08703675967
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTICELLO ECUMENICAL RETIREMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0710563803
ReturnHeader/Filer/PhoneNum08703675967
ReturnHeader/Filer/USAddress/AddressLine1Txt0570 WEST CONRAD STREET
ReturnHeader/Filer/USAddress/CityNm0MONTICELLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd071655
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0392122255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BFJW ACCOUNTANTS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05420 W MARKHAM ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072205
ReturnHeader/PreparerPersonGrp/PhoneNum05016630990
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK S WATKINS CPA
ReturnHeader/ReturnTs02025-11-12T19:56:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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