Civic Intelligence

Cabot Housing Inc.

990 • Fiscal year 2017 • EIN 71-0600271

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 28, 2018

8101 Interstate 30 Suite ALittle Rock, AR 72209

(501) 280-0037

Siviq Scores

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

Liabilities / Assets

97th percentile

1.57x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

4.27x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

54th percentile

4.4%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

62nd percentile

7.7%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

2.9%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,488,565

Up $106,146 (+7.7%) from 2016

Net Assets

Up

-$847,982

Up $24,034 (+2.8%) from 2016

Liabilities

Up

$2,336,547

Up $82,112 (+3.6%) from 2016

Revenue

Up

$547,368

Up $15,509 (+2.9%) from 2016

Expenses

Down

$523,334

Down $58,781 (-10%) from 2016

Net Income

Up

$24,034

Up $74,290 (+148%) from 2016

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: $225,591Liabilities 2010: $443,834Net Assets 2010: -$218,2432010Assets 2011: $224,833Liabilities 2011: $447,093Net Assets 2011: -$222,2602011Assets 2012: $1,893,972Liabilities 2012: $2,628,748Net Assets 2012: -$734,7762012Assets 2013: $1,746,405Liabilities 2013: $2,548,793Net Assets 2013: -$802,3882013Assets 2014: $1,748,220Liabilities 2014: $2,508,350Net Assets 2014: -$760,1302014Assets 2015: $1,654,413Liabilities 2015: $2,476,173Net Assets 2015: -$821,7602015Assets 2016: $1,382,419Liabilities 2016: $2,254,435Net Assets 2016: -$872,0162016Assets 2017: $1,488,565Liabilities 2017: $2,336,547Net Assets 2017: -$847,9822017Assets 2018: $1,543,972Liabilities 2018: $2,308,695Net Assets 2018: -$764,7232018Assets 2019: $1,457,085Liabilities 2019: $2,234,274Net Assets 2019: -$777,1892019Assets 2020: $1,434,593Liabilities 2020: $2,173,485Net Assets 2020: -$738,8922020Assets 2021: $1,395,042Liabilities 2021: $2,092,488Net Assets 2021: -$697,4462021Assets 2022: $1,341,782Liabilities 2022: $2,026,216Net Assets 2022: -$684,4342022Assets 2023: $1,271,111Liabilities 2023: $1,940,730Net Assets 2023: -$669,6192023

Highlighted filing

2017

Assets$1,488,565
Liabilities$2,336,547
Net Assets-$847,982

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $144,666Expenses 2010: $159,125Net Income 2010: -$14,4592010Revenue 2011: $164,363Expenses 2011: $168,381Net Income 2011: -$4,0182011Revenue 2012: $426,763Expenses 2012: $495,870Net Income 2012: -$69,1072012Revenue 2013: $556,484Expenses 2013: $673,079Net Income 2013: -$116,5952013Revenue 2014: $526,950Expenses 2014: $552,805Net Income 2014: -$25,8552014Revenue 2015: $523,636Expenses 2015: $585,266Net Income 2015: -$61,6302015Revenue 2016: $531,859Expenses 2016: $582,115Net Income 2016: -$50,2562016Revenue 2017: $547,368Expenses 2017: $523,334Net Income 2017: $24,0342017Revenue 2018: $609,966Expenses 2018: $526,707Net Income 2018: $83,2592018Revenue 2019: $618,218Expenses 2019: $630,684Net Income 2019: -$12,4662019Revenue 2020: $656,153Expenses 2020: $617,856Net Income 2020: $38,2972020Revenue 2021: $660,235Expenses 2021: $618,789Net Income 2021: $41,4462021Revenue 2022: $676,293Expenses 2022: $663,281Net Income 2022: $13,0122022Revenue 2023: $696,578Expenses 2023: $681,763Net Income 2023: $14,8152023

Highlighted filing

2017

Revenue$547,368
Expenses$523,334
Net Income$24,034
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 28, 2018
Return Version
2017v2.3
Gross Receipts
$547,368
Mission and Program Overview

Mission

Provide low-income housing to the elderly and disabled in cabot and lonoke, arkansas in accordance with the us department of housing & urban development

Provide low-income housing to the elderly and disabled in cabot and lonoke, arkansas in accordance with the u.s. Department of housing & urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,114,405$1,006,586▼ $107,819
Intangible Assets$135,132$131,532▼ $3,600
Cash and Non-Interest-Bearing Accounts$22,392$34,656▲ $12,264
Prepaid Expenses and Deferred Charges$12,696$13,248▲ $552
Accounts Receivable$9,270$11,894▲ $2,624
Total Assets$1,517,551$1,488,565▼ $28,986
Other Assets Total$223,656$290,649▲ $66,993
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,337,265$2,274,991▼ $62,274
Accounts Payable and Accrued Expenses$34,483$44,330▲ $9,847
Other Liabilities$17,601$16,518▼ $1,083
Deferred Revenue$218$708▲ $490
Total Liabilities$2,389,567$2,336,547▼ $53,020
Net Assets / Fund Balance
Unrestricted Net Assets$-872,016$-847,982▲ $24,034
Total Net Assets Fund Balance$-872,016$-847,982▲ $24,034
Total Liabilities and Net Assets / Fund Balance$1,517,551$1,488,565▼ $28,986

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$940,915$1,614,416$2,555,331
Land$65,671-$65,671
Other Land Buildings-$46,298$46,298
Equipment-$6,583$6,583
Other Assets Org$5,010--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald EvansPresident
Roger WarrenBoard Member
Wayne HamricBoard Member
June WarrenSecretary
Josh JacobsTreasurer
Joe AllmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$547,146
Investment Income
$222
Other Revenue
$0
Change in Net Assets
$24,034

Audited Revenue Reconciliation

Revenue per Audited Statements
$547,368
Total Revenue per Audited Statements
$547,368
Total Revenue per Form 990
$547,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$428,645
Salaries, Compensation, and Employee Benefits$94,689
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$111,417--$111,417
Other Salaries and Wages$87,110--$87,110
Interest$69,280--$69,280
Insurance$45,684--$45,684
All Other Expenses$40,561--$40,561
Fees for Services Management$38,825--$38,825
Occupancy$37,322--$37,322
Office Expenses$11,382--$11,382
Fees for Services Accounting$10,434--$10,434
Other Expenses$8,099--$8,099
Payroll Taxes$7,579--$7,579
Advertising$233--$233
Conferences and Meetings$218--$218
Total Functional Expenses$523,334$0$0$523,334

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$523,334
Total Expenses per Audited Statements$523,334
Total Expenses per Form 990$523,334
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
Ten Sec Deposits Held in Trust$16,518
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 day to day operations have been delegated to united properties management, inc., who have been approved by the u.s. Department of housing & urban development as the entity's management agent.

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

The return is prepared by a 3rd party cpa firm and provided to the management agent and board of directors for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request and in compliance with 501(c)(3) guidelines

Filing and Contact Details

Filer

Filer Name
Cabot Housing Inc
EIN
71-0600271
Phone
5012800037
Address
8101 INTERSTATE 30 SUITE A, LITTLE ROCK, AR 72209

Signing Officer

Name
Ronald Evans
Title
President
Phone
5012800037
Signed
2018-03-28

Organization Details

Principal Officer
Ronald Evans
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Fleet Firm
Address
759 TEALWOOD LN, CORDOVA, TN 38018-6334
Preparer
Nelson K Fleet CPA
Phone
9013364602
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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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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0547146
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0531769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0523590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0522967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0546083
IRS990ScheduleA/Total509Grp/TotalAmt02671555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0547368
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0531859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0523636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0523026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0546145
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02672034
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0940915
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01614416
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02555331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06583
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06583
IRS990ScheduleD/ExpensesSubtotalAmt0523334
IRS990ScheduleD/LandGrp/BookValueAmt065671
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt065671
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0204211
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt163846
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt217582
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35010
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046298
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046298
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016518
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TEN SEC DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueSubtotalAmt0547368
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01006586
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0290649
IRS990ScheduleD/TotalExpensesPerForm990Amt0523334
IRS990ScheduleD/TotalLiabilityAmt016518
IRS990ScheduleD/TotalRevenuePerForm990Amt0547368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0547368
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0523334
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DAY TO DAY OPERATIONS HAVE BEEN DELEGATED TO UNITED PROPERTIES MANAGEMENT, INC., WHO HAVE BEEN APPROVED BY THE U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT AS THE ENTITY'S MANAGEMENT AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A 3RD PARTY CPA FIRM AND PROVIDED TO THE MANAGEMENT AGENT AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND IN COMPLIANCE WITH 501(C)(3) GUIDELINES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01517551
IRS990/TotalAssetsEOYAmt01488565
IRS990/TotalAssetsGrp/BOYAmt01517551
IRS990/TotalAssetsGrp/EOYAmt01488565
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0523334
IRS990/TotalFunctionalExpensesGrp/TotalAmt0523334
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02389567
IRS990/TotalLiabilitiesEOYAmt02336547
IRS990/TotalLiabilitiesGrp/BOYAmt02389567
IRS990/TotalLiabilitiesGrp/EOYAmt02336547
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-872016
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-847982
IRS990/TotalProgramServiceExpensesAmt0523334
IRS990/TotalProgramServiceRevenueAmt0547146
IRS990/TotalRevenueGrp/ExclusionAmt0222
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0547146
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0547368
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01517551
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01488565
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-872016
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-847982
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08101 INTERSTATE 30 SUITE A
IRS990/USAddress/CityNm0LITTLE ROCK
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072209
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD EVANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05012800037
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CABOT HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0CABO
ReturnHeader/Filer/EIN0710600271
ReturnHeader/Filer/PhoneNum05012800037
ReturnHeader/Filer/USAddress/AddressLine1Txt08101 INTERSTATE 30 SUITE A
ReturnHeader/Filer/USAddress/CityNm0LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02ECD5F2415C29E6F6C389B7D65DC4ABFDC558C3D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CB000F37CE8FAE44B7EB97F79A89D7004651EC5F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:04:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621868414
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLEET FIRM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0759 TEALWOOD LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORDOVA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0380186334
ReturnHeader/PreparerPersonGrp/PhoneNum09013364602
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NELSON K FLEET CPA
ReturnHeader/ReturnTs02018-05-15T14:04:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$1.94$0.67$0.70$0.68$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$2.03$0.68$0.68$0.66$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$2.09$0.70$0.66$0.62$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$2.17$0.74$0.66$0.62$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$2.23$0.78$0.62$0.63$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$2.31$0.76$0.61$0.53$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.49$2.34$0.85$0.55$0.52$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$2.25$0.87$0.53$0.58$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$2.48$0.82$0.52$0.59$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.75$2.51$0.76$0.53$0.55$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.75$2.55$0.80$0.56$0.67$0.12
2012Summary only. Only limited summary data is available for this year.$1.89$2.63$0.73$0.43$0.50$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.45$0.22$0.16$0.17$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.44$0.22$0.14$0.16$0.01